MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-18-0136580
Midaas Hotels Private Limited
Midaas Hotels Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹51,571
▼ 99% YoY
Net loss · FY 2021
₹78.39 Lakh
Latest filing
EBITDA · FY 2021
-₹42,333
EBITDA margin -82.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹5.02 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Midaas Hotels Private Limited
Data last updated:
Midaas Hotels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 29 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2013PTC244981. Its GSTIN is 27AAICM7123K1Z7 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sanjhot Singh Paramjit Singh Bhasin and Gurmeetsingh Jogindersingh Bhasin.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Union Park, Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹51,571, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹78.39 Lakh and EBITDA of -₹42,333 (EBITDA margin -82.1%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years.
As per MCA filings, the company has open charges of ₹5.02 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 6 cases are pending.
Midaas Hotels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0136580). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U55101MH2013PTC244981
Registration Number 244981
Incorporation Date 29 June 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0136580
Recognitions & Rankings of Midaas Hotels
Contact details
Midaas Hotels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 The Deccan Chs Ltd (Ocean View) Union Park Opp Hotel Pali Hill Khar, West, Mumbai, Maharashtra, India – 400052
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Midaas Hotels Private Limited, buy the company report.
Comprehensive company report
Midaas Hotels 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Midaas Hotels is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Midaas Hotels Private Limited, buy the company report.
Financials of Midaas Hotels Private Limited
FY 2024 filings availableMidaas Hotels Private Limited reported revenue of ₹51,571 (down 99% YoY) for FY 2021.
Revenue · FY 2021
₹51,571 ▼ 99%
Net loss · FY 2021
₹78.39 Lakh
EBITDA · FY 2021
-₹42,333 margin -82.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 82%
EBITDA CAGR growth
1 year
▼ 101%
3 years · compounded
▼ 27%
5 years · compounded
▲ 9%
Revenue has declined at a compounded annual rate (CAGR) of 82% over three years, including a 99% fall in the latest year. EBITDA fell 101% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹51,571 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹42,333 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹78.39 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -82.1% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Midaas Hotels Private Limited, buy the company report.
Board of directors of Midaas Hotels Private Limited
Midaas Hotels has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjhot Singh Paramjit Singh Bhasin Also directs: Rihan Housing LLP, Praneeta Infrastructure LLP, Manhar Lifespaces Private Limited and 1 more | Director | 29 Jun 2013 | 13 Years 3 Months | Current |
| Gurmeetsingh Jogindersingh Bhasin Also directs: Bhasin Lifespaces Private Limited | Director | 29 Jun 2013 | 13 Years 3 Months | Current |
Shareholding
The shareholding of Midaas Hotels Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Midaas Hotels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.02 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2017 | 100128008 | Others | ₹5.02 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Midaas Hotels Private Limited has 9 court cases on record: 8 filed by Midaas Hotels, 1 filed against it. 6 cases are pending and 3 are disposed.
Total cases
9
Filed by the company
8
Filed against the company
1
Pending
6
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 6 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CRR) | Filed by the company against an individual | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against individuals | Pending |
| High Court, MAHARASHTRA | Court case (CRR) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (APL) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (APL) | Filed by the company against an individual | Pending |
To see the full case history of Midaas Hotels 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
No delayed payments to MSME suppliers are on our record for Midaas Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Midaas Hotels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM7123K1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Midaas Hotels Private Limited, buy the company report.
Recent activity
Midaas Hotels Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Gurmeetsingh Jogindersingh Bhasin was appointed as Director on 29 Jun 2013.
AGM
Midaas Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Midaas Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 501.60 Lakh with Charge ID 100128008 was registered on 04 Oct 2017.
Appointed
Gurmeetsingh Jogindersingh Bhasin was appointed as Director.
Appointed
Sanjhot Singh Paramjit Singh Bhasin was appointed as Director.
Incorporation
29 Jun 2013
Midaas Hotels Private Limited was registered on 29 Jun 2013 with Roc Mumbai I & aged 13 years 3 months as per MCA records.
Frequently asked questions
Midaas Hotels is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 29 June 2013 (13+ years old) and is registered under CIN U55101MH2013PTC244981.
Midaas Hotels has 2 current directors:
- Sanjhot Singh Paramjit Singh Bhasin - Director
- Gurmeetsingh Jogindersingh Bhasin - Director
The latest financial statements of Midaas Hotels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Midaas Hotels is 27AAICM7123K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Midaas Hotels is U55101MH2013PTC244981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midaas Hotels has 9 court cases on record: 8 filed by the company and 1 filed against it. 6 are pending. Most are in the high courts.
Midaas Hotels was incorporated on 29 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Gurmeetsingh Jogindersingh Bhasin was appointed as Director on 29 Jun 2013. Sanjhot Singh Paramjit Singh Bhasin was appointed as Director on 29 Jun 2013.
Yes, Midaas Hotels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0136580).
The registered office of Midaas Hotels is at 401 The Deccan Chs Ltd Ocean View Union Park Opp Hotel Pali Hill Khar, West, Mumbai, Maharashtra, India – 400052.