About Mecmag Hotels Private Limited
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Mecmag Hotels Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 08 June 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA1978PTC003327. Its GSTIN is 29AADCM8324K2Z2 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors including Ashok Subramanya Prasad (Managing Director) and Ramya Kadandale Ashok.
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 No:46 K.R.S.Road Mettagalliindustrial Estate Mysore, Karnataka, India – 570016.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.67 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹14.9 Lakh (net margin 21.4%) and EBITDA of ₹26.6 Lakh (EBITDA margin 38.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹3.55 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mysoremayflower.com.
Company details
CIN history
Mecmag Hotels has one previous CIN (Corporate Identification Number): U29191KA1978PTC003327. The current CIN is U55101KA1978PTC003327, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101KA1978PTC003327 | Current |
| U29191KA1978PTC003327 | Previous |
Contact details
Mecmag Hotels Private Limited's registered office is in Mysore, Karnataka. Its website is mysoremayflower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo:46 K.R.S.Road Mettagalliindustrial Estate Mysore, Karnataka, India – 570016
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Mecmag Hotels Private Limited, buy the company report.
- 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
Business activity
The main business activity of Mecmag Hotels is accommodation and food service activities. In detail, this covers accommodation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation |
To see the full business activity and turnover split of Mecmag Hotels Private Limited, buy the company report.
Financials of Mecmag Hotels Private Limited
FY 2025 filings availableMecmag Hotels Private Limited reported revenue of ₹69.67 Lakh (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 8% in the latest year. 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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| EBITDA | ₹26.6 Lakh | ||||
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| Net Profit (PAT) | ₹14.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 38.2% | ||||
| Net Profit Margin | 21.4% | ||||
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To see the full financial statements and ratios of Mecmag Hotels Private Limited, buy the company report.
Board of directors of Mecmag Hotels Private Limited
Mecmag Hotels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramya Kadandale Ashok | Director | 06 Mar 2015 | 11 Years 7 Months | Current |
| Kadandale Prasad Kalpana | Director | 08 Jun 1978 | 48 Years 4 Months | Current |
| Ashok Subramanya Prasad | Managing Director | 07 Dec 2004 | 21 Years 10 Months | Current |
Auditor
Mecmag Hotels Private Limited is audited by B.P.RAO AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.P.RAO AND CO | FY 2017 | 003116S |
Shareholding
The shareholding of Mecmag Hotels Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mecmag Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 1997 | 90195357 | Karnataka Bank Ltd | ₹75,000 | Open | |
| 20 Jun 1980 | 90194688 | The Karnataka Bank Ltd | ₹2.8 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Mecmag Hotels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mecmag Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mecmag Hotels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCM8324K2Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mecmag Hotels Private Limited, buy the company report.
Recent activity
Mecmag Hotels Private Limited has 4 board changes on record since 1978: 3 appointments and 1 cessation. The latest: Kadandale Narayana Prasad ceased to be Director on 29 Jan 2022.
Frequently asked questions
Mecmag Hotels is an active private limited company based in Mysore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 08 June 1978 (48+ years old) and is registered under CIN U55101KA1978PTC003327.
Mecmag Hotels has 3 current directors:
- Ashok Subramanya Prasad - Managing Director
- Ramya Kadandale Ashok - Director
- Kadandale Prasad Kalpana - Director
The latest financial statements of Mecmag Hotels 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 Mecmag Hotels is 29AADCM8324K2Z2, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mecmag Hotels is U55101KA1978PTC003327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mecmag Hotels was incorporated on 08 June 1978, making it 48+ years old. It is registered with the Registrar of Companies, Bangalore.
Kadandale Narayana Prasad ceased to be Director on 29 Jan 2022. Ramya Kadandale Ashok was appointed as Director on 06 Mar 2015. Ashok Subramanya Prasad was appointed as Managing Director on 07 Dec 2004. Mecmag Hotels has 4 board changes on record in total.
Mecmag Hotels can be reached through the website mysoremayflower.com. Its registered office is in Mysore, Karnataka, India.
The registered office of Mecmag Hotels is at No:46 K.R.S.Road Mettagalliindustrial Estate Mysore, Karnataka, India – 570016.
Mecmag Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.