- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0077210

About Mhaske Hotels Pvt Ltd
Data last updated:
Mhaske Hotels Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 21 August 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U55101PN1991PTC063016. Its GSTIN is 27AABCM2609K1ZH (Maharashtra).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11 Cr. It is led by directors Prakash Sahdev Mhaske (Managing Director) and Ranjit Prakash Mhaske.
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 10/3 Mamasaheb Badade Pathrasta Peth, Pune, Maharashtra, India – 411011.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.94 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹97.96 Lakh (net margin 7.6%) and EBITDA of ₹3.29 Cr (EBITDA margin 25.4%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 8% over five years.
The company is associated with 2 brands: Hotel Sainath and Shantai Hotel. As per MCA filings, the company has open charges of ₹17 Cr and satisfied charges of ₹49.25 Cr on record. Court records list 18 cases involving the company, including 16 filed by the company and 2 filed against it; 10 cases are pending.
Mhaske Hotels Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0077210). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shantaihotel.com.
Company details
CIN history
Mhaske Hotels has one previous CIN (Corporate Identification Number): U55101MH1991PTC063016. The current CIN is U55101PN1991PTC063016, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101PN1991PTC063016 | Current |
| U55101MH1991PTC063016 | Previous |
Recognitions & Rankings of Mhaske Hotels
Contact details
Mhaske Hotels Pvt Ltd's registered office is in Pune, Maharashtra. Its website is shantaihotel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address10/3 Mamasaheb Badade Pathrasta Peth, Pune, Maharashtra, India – 411011
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Mhaske Hotels Pvt Ltd, 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
Brands
Mhaske Hotels operates two associated brands: hotel sainath and Shantai Hotel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Business hotel providing rooms, dining, and facilities in Chhindwara, India. | hotelsainath.com | |
| Hospitality services including accommodation, dining, and banquets in Pune. | shantaihotel.com |
Business activity
The main business activity of Mhaske Hotels is accommodation and food service activities. In detail, this covers accommodation and food and beverage service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation | |
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of Mhaske Hotels Pvt Ltd, buy the company report.
Financials of Mhaske Hotels Pvt Ltd
FY 2025 filings availableMhaske Hotels Pvt Ltd reported revenue of ₹12.94 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 3% growth in the latest year. 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 | ₹3.29 Cr | ||||
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| Net Profit (PAT) | ₹97.96 Lakh | ||||
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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 | 25.4% | ||||
| Net Profit Margin | 7.6% | ||||
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To see the full financial statements and ratios of Mhaske Hotels Pvt Ltd, buy the company report.
Board of directors of Mhaske Hotels Pvt Ltd
Mhaske Hotels has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Sahdev Mhaske | Managing Director | 21 Aug 1991 | 35 Years 2 Months | Current |
| Ranjit Prakash Mhaske | Director | 23 Nov 2023 | 2 Years 11 Months | Current |
Auditor
Mhaske Hotels Pvt Ltd is audited by Tejas A. Joshi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Tejas A. Joshi & Co. | FY 2023 | 130077W |
Shareholding
The shareholding of Mhaske Hotels Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mhaske Hotels Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2025 | 101097256 | Axis Bank Limited | ₹4 Cr | Open | |
| 31 Jan 2024 | 100860230 | Axis Bank Limited | ₹4.75 Cr | Open | |
| 25 May 2023 | 100737861 | Axis Bank Limited | ₹4.7 Cr | Open | |
| 14 Jun 2013 | 10441437 | Others | ₹3.55 Cr | Open | |
| 18 Jan 2023 | 100668239 | Axis Bank Limited | ₹20 Lakh | Satisfied |
To see the full charge records of Mhaske Hotels Pvt Ltd, buy the company report.
Total charge records: 11 View all charges
Legal cases
Mhaske Hotels Pvt Ltd has 18 court cases on record: 16 filed by Mhaske Hotels, 2 filed against it. 10 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 2 | 10 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil Revn.) | Filed against the company by individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Mhaske Hotels Pvt Ltd, 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
No delayed payments to MSME suppliers are on our record for Mhaske Hotels Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mhaske Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2609K1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mhaske Hotels Pvt Ltd, buy the company report.
Recent activity
Mhaske Hotels Pvt Ltd has 6 board changes on record since 1991: 3 appointments and 3 cessations. The latest: Neha Akshay Sane was appointed as Company Secretary on 01 Dec 2024.
17 earlier events are in the company report.
Frequently asked questions
Mhaske Hotels is an active private limited company based in Pune, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 21 August 1991 (35+ years old) and is registered under CIN U55101PN1991PTC063016.
Mhaske Hotels has 2 current directors:
- Prakash Sahdev Mhaske - Managing Director
- Ranjit Prakash Mhaske - Director
The latest financial statements of Mhaske 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 Mhaske Hotels is 27AABCM2609K1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mhaske Hotels is U55101PN1991PTC063016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mhaske Hotels has 18 court cases on record: 16 filed by the company and 2 filed against it. 10 are pending.
Mhaske Hotels was incorporated on 21 August 1991, making it 35+ years old. It is registered with the Registrar of Companies, Pune.
Neha Akshay Sane was appointed as Company Secretary on 01 Dec 2024. Yashodhan Anil Sakhare ceased to be Director on 13 May 2024. Ranjit Prakash Mhaske was appointed as Director on 23 Nov 2023. Mhaske Hotels has 6 board changes on record in total.
Yes, Mhaske Hotels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0077210).
Mhaske Hotels can be reached through the website shantaihotel.com. Its registered office is in Pune, Maharashtra, India.

