MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-05-0000305
Massive Restaurants Private Limited - travel and hospitality in Gurgaon, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹175.47 Cr
▼ 9% YoY
Net loss · FY 2025
₹22.88 Cr
Net margin -13%
EBITDA · FY 2025
-₹9.33 Cr
EBITDA margin -5.3%
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹17.39 Cr
Issued & subscribed
Open charges
₹55.26 Cr
Satisfied ₹38 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
996
Provident fund records
About Massive Restaurants Private Limited
Data last updated:
Massive Restaurants Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 09 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55101HR2012PTC046442. Its GSTIN is 06AAICM0393H1ZG (Haryana). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹17.39 Cr. It is led by directors including Zorawar Inder Singh Kalra (Managing Director) and Dildeep Kalra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 825 Udyog Vihar Phase V, Gurgaon, Haryana, India – 122016.
As per the financials filed for FY 2025, the company reported a revenue of ₹175.47 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹22.88 Cr (net margin -13%) and EBITDA of -₹9.33 Cr (EBITDA margin -5.3%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 3% over five years.
The company has about 996 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 5 brands: Pa Pa Ya, Massive Restaurants, Made In Punjab, Masala Library and Farzi Café. As per MCA filings, the company has open charges of ₹55.26 Cr and satisfied charges of ₹38 Cr on record. Court records list 40 cases involving the company, including 16 filed by the company and 24 filed against it; 12 cases are pending. The company has 20 deals on record (11 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹299.17 Cr; the latest was in September 2025. Its 9 peer companies in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.) are compared by revenue, 4 larger and 5 smaller; the largest is Trimex Foods Private Limited with revenue of ₹205.69 Cr. The company has 84 MSME Form 1 returns on record between 2016 and 2024, listing 4,788 overdue payments to 58 micro and small suppliers.
Massive Restaurants Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0000305). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website massiverestaurants.com.
Company details
CIN U55101HR2012PTC046442
Registration Number 046442
Incorporation Date 09 July 2012
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-05-0000305
Recognitions & Rankings of Massive Restaurants
Contact details
Massive Restaurants Private Limited's registered office is in Gurgaon, Haryana. Its website is massiverestaurants.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 825 Udyog Vihar Phase V, Gurgaon, Haryana, India – 122016
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Massive Restaurants Private Limited, buy the company report.
Comprehensive company report
Massive Restaurants Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Massive Restaurants operates multiple associated brands including Pa Pa Ya, Massive Restaurants, and Made In Punjab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Modern Asian bistro offering reinvented pan-Asian dishes and tapas experiences. | gopapaya.co.in | |
| Massive Restaurants is engaged in operating multiple branded dining locations. | massiverestaurants.com | |
| Chain of casual dining restaurant offering Indian cuisine | madeinpunjab.co.in | |
| A chain of casual dining restaurants is operated across India. | masalalibrary.co.in | |
| Traditional Indian dishes are reimagined via molecular gastronomy techniques. | farzicafe.com |
Business activity
The main business activity of Massive Restaurants is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Massive Restaurants Private Limited, buy the company report.
Financials of Massive Restaurants Private Limited
FY 2025 filings availableMassive Restaurants Private Limited reported revenue of ₹175.47 Cr (down 9% YoY) for FY 2025.
Revenue · FY 2025
₹175.47 Cr ▼ 9%
Net loss · FY 2025
₹22.88 Cr margin -13%
EBITDA · FY 2025
-₹9.33 Cr margin -5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 24%
5 years · compounded
▲ 3%
EBITDA CAGR growth
3 years · compounded
▼ 15%
5 years · compounded
▲ 20%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹9.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.88 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.3% | ||||
| Net Profit Margin | -13% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Massive Restaurants Private Limited, buy the company report.
Board of directors of Massive Restaurants Private Limited
Massive Restaurants has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zorawar Inder Singh Kalra Also directs: Massive Hospitality LLP, Massive Catering Services LLP, ZK Gourmet Private Limited and 2 more | Managing Director | 29 Oct 2012 | 13 Years 11 Months | Current |
| Dildeep Kalra Also directs: ZK Gourmet Private Limited, Massive Clouds Private Limited, Supermassivetech Ventures Private Limited and 1 more | Director | 29 Oct 2012 | 13 Years 11 Months | Current |
| Abhinav Jain Also directs: Gsi Sports Advisors LLP, Gaja Capital India Fund 2020 LLP, Eastgate Secondaries Advisor LLP and 5 more | Director | 07 Dec 2020 | 5 Years 10 Months | Current |
| Aditya Somani Also directs: SV Edusports Private Limited, Eldersdotfit Solutions LLP | Nominee Director | 24 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Massive Restaurants Private Limited is compared with the 9 companies closest to it by revenue in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trimex Foods Private Limited | ₹205.69 Cr (FY 2024) | 760.0% | New Delhi, Delhi, India | |||
| Gourmet Investments Private Limited | ₹189.51 Cr (FY 2025) | 41.0% | Haryana, India | |||
| Olive Bar & Kitchen Private Limited | ₹182.86 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Azure Hospitality Private Limited | ₹178.84 Cr (FY 2023) | 57.0% | New Delhi, Delhi, India | |||
| Massive Restaurants Private Limitedthis company | ₹175.47 Cr (FY 2025) | -₹22.88 Cr | -13% | -9.0% | 996 | Gurgaon, Haryana, India |
| Lite Bite Travel Foods Private Limited | ₹175.11 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Sankalp Recreation Private Limited | ₹173.97 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Sapphire Hospitality and Recreation Private Limited | ₹169.42 Cr (FY 2017) | 5.0% | Mumbai, Maharashtra, India | |||
| V&Ro Hospitality Private Limited | ₹167.86 Cr (FY 2023) | 112.0% | Bangalore, Karnataka, India | |||
| Deluxe Caterers Private Limited | ₹166.58 Cr (FY 2024) | 7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Massive Restaurants Private Limited, buy the company report.
Auditor
Massive Restaurants Private Limited is audited by Walker Chandiok & Co Llp for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co Llp | FY 2024 | 001076N/N500013 |
Shareholding
The shareholding of Massive Restaurants Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Massive Restaurants Private Limited, buy the company report.
Charges & borrowings
Open charges
₹55.26 Cr
Satisfied charges
₹38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jun 2025 | 101127094 | Others | ₹10 Cr | Open | |
| 05 Jul 2023 | 100779006 | Others | ₹10 Cr | Open | |
| 26 Sep 2022 | 100687907 | Others | ₹10 Cr | Open | |
| 01 Dec 2020 | 100390832 | Hdfc Bank Limited | ₹6.26 Cr | Open | |
| 23 Jul 2019 | 100281473 | Hdfc Bank Limited | ₹5 Cr | Open |
To see the full charge records of Massive Restaurants Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Massive Restaurants Private Limited has 20 deals on record (11 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹299.17 Cr; the latest was in September 2025.
Total deals
20
Funding rounds
11
Secondary share transfers
4
Rights issues
2
Debt financings
2
Disclosed funding
₹299.17 Cr
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Funding round · Series E | ₹20 Cr | Investors: Elimath Advisors Private Limited , an individual |
| Jun 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: ZK Gourmet Private Limited |
| Apr 2024 | Secondary share transfer | Undisclosed | Buyer: ZK Gourmet Private Limited Seller: Mirah Hospitality & Food Solutions Private Limited |
| Mar 2024 | Funding round | ₹13.03 Cr | Investors: ZK Gourmet Private Limited |
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: Gaja Capital Seller: ZK Gourmet Private Limited |
To see the full deal history of Massive Restaurants Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Massive Restaurants Private Limited has 40 court cases on record: 16 filed by Massive Restaurants, 24 filed against it. 12 cases are pending and 28 are disposed.
Total cases
40
Filed by the company
16
Filed against the company
24
Pending
12
Disposed
28
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 16 | 10 |
| District courts | 17 | 8 | 2 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed by the company against Silent Hills Resort Limited and 12 others | Pending |
| High Court of Karnataka | Appeal | Filed against the company by United Breweries (Holdings) Limited (in Liquidation) | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Farmland Premium Foods LLP Through Its Authorised Representative Pradeep Gopi Nair | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by Farmland Premium Foods LLP | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Cloud Kitch Private Limited | Disposed |
To see the full case history of Massive Restaurants Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Massive Restaurants Private Limited has 84 MSME Form 1 returns on record between 2016 and 2024, listing 4,788 overdue payments to 58 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 58)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Vishal Agro | |||
| an individual supplier | |||
| KRJ Foods Private Limited | |||
| Anand Gas Service |
To see the full MSME payment records of Massive Restaurants Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Massive Restaurants has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Massive Clouds Private Limited | U56104HR2024PTC117819 |
To see the full group structure of Massive Restaurants Private Limited, buy the company report.
Employees & EPFO
Massive Restaurants Private Limited has a workforce of 996 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
996
Active EPFO establishments
1
Employee growth
7.21%
GST
Massive Restaurants has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAICM0393H1ZG | Haryana | Active | 01 Jul 2017 |
| 06AAICM0393H2ZF | Haryana | Active | 17 Aug 2017 |
| 07AAICM0393H1ZE | Delhi | Active | 01 Jul 2017 |
| 09AAICM0393H1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Massive Restaurants Private Limited, buy the company report.
Recent activity
Massive Restaurants Private Limited has 17 board changes on record since 2012: 4 appointments and 13 cessations. The latest: Aditya Somani was appointed as Nominee Director on 24 Sep 2025.
AGM
Massive Restaurants Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Aditya Somani was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101127094 was registered on 02 Jun 2025.
Filing
Massive Restaurants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Manoj Balan ceased to be Director.
Ceased
Vicky Vasudev Sindhi ceased to be CFO.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100779006 was registered on 05 Jul 2023.
Charges
A charge registered on 23 Jul 2019 via Charge ID 100281453 with Hdfc Bank Limited was fully satisfied on 12 May 2023.
Charges
A charge registered on 23 Jul 2019 via Charge ID 100281459 with Hdfc Bank Limited was fully satisfied on 12 May 2023.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100687907 was registered on 26 Sep 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 6.26 Cr registered on 01 Dec 2020 with Charge ID 100390832 was modified on 22 Sep 2021.
Ceased
Abhinav Jain ceased to be Additional Director.
33 earlier events are in the company report.
News
Frequently asked questions
Massive Restaurants is an active private limited company based in Gurgaon, Haryana, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 09 July 2012 (14+ years old) and is registered under CIN U55101HR2012PTC046442.
Massive Restaurants has 4 current directors:
- Zorawar Inder Singh Kalra - Managing Director
- Dildeep Kalra - Director
- Abhinav Jain - Director
- Aditya Somani - Nominee Director
The latest financial statements of Massive Restaurants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Massive Restaurants is 06AAICM0393H1ZG, registered in Haryana. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 06AAICM0393H2ZF (Haryana), 07AAICM0393H1ZE (Delhi), 09AAICM0393H1ZA (Uttar Pradesh).
The CIN (Corporate Identification Number) of Massive Restaurants is U55101HR2012PTC046442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Massive Restaurants has 40 court cases on record: 16 filed by the company and 24 filed against it. 12 are pending. Most are in the high courts.
Massive Restaurants was incorporated on 09 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Massive Restaurants has 20 deals on record (11 funding rounds, 4 secondary share transfers, 2 rights issues), with disclosed funding of ₹299.17 Cr; the latest was in September 2025.
The peers of Massive Restaurants by revenue are Trimex Foods Private Limited, Gourmet Investments Private Limited, Olive Bar & Kitchen Private Limited, Azure Hospitality Private Limited, Lite Bite Travel Foods Private Limited and 4 more, all in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Aditya Somani was appointed as Nominee Director on 24 Sep 2025. Manoj Balan ceased to be Director on 29 Mar 2025. Vicky Vasudev Sindhi ceased to be CFO on 08 Sep 2024. Massive Restaurants has 17 board changes on record in total.
Yes, Massive Restaurants is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-05-0000305).
Massive Restaurants has 84 MSME Form 1 returns on record between 2016 and 2024, listing 4,788 overdue payments to 58 micro and small suppliers. The latest return was filed on 30 Apr 2024.