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Isthara Parks Private Limited - travel and hospitality in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹69.49 Cr
▲ 22% YoY
Net loss · FY 2025
₹22.79 Cr
Net margin -32.8%
EBITDA · FY 2025
-₹9.76 Cr
EBITDA margin -14%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹27.13 Cr
Issued & subscribed
Open charges
₹13.05 Cr
Satisfied ₹22.3 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
670
Provident fund records
About Isthara Parks Private Limited
Data last updated:
Isthara Parks Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 28 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U55204TZ2017PTC028877. Its GSTIN is 36AAECI4840D1ZT (Telangana). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹27.13 Cr. It is led by directors including Gilbert James Lourduraj (Managing Director) and Vijayan Krishna Kumar.
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 1987 – B Trichy Road, Coimbatore, Tamil Nadu, India – 641005.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.49 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹22.79 Cr (net margin -32.8%) and EBITDA of -₹9.76 Cr (EBITDA margin -14%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 22% over five years.
The company has about 670 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Isthara. As per MCA filings, the company has open charges of ₹13.05 Cr and satisfied charges of ₹22.3 Cr on record. Court records list 21 cases involving the company, including 13 filed by the company and 8 filed against it; 7 cases are pending. The company has 14 deals on record (10 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹154.69 Cr; the latest was in October 2022. Its 6 peer companies in the Ecommerce and Internet industry (Hotels, Rentals), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 2 larger and 4 smaller; the largest is Abad Hotels India Pvt Ltd with revenue of ₹70.79 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2024, listing 53 overdue payments to 31 micro and small suppliers.
Isthara Parks Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0006882). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website isthara.com.
Company details
CIN U55204TZ2017PTC028877
Registration Number 028877
Incorporation Date 28 April 2017
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-TN-03-0006882
Key People
Gilbert James Lourduraj Managing Director Vijayan Krishna Kumar Director Sharon Veronica Dsouza Nominee Director Recognitions & Rankings of Isthara Parks
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-03-0006882
Contact details
Isthara Parks Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is isthara.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1987 – B Trichy Road, Coimbatore, Tamil Nadu, India – 641005
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Isthara Parks Private Limited, buy the company report.
Comprehensive company report
Isthara Parks 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
Isthara Parks operates one associated brand: Isthara. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Managed shared kitchen spaces are booked through an online platform. | isthara.com |
Business activity
The main business activity of Isthara Parks is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Isthara Parks Private Limited, buy the company report.
Financials of Isthara Parks Private Limited
FY 2024 filings availableIsthara Parks Private Limited reported revenue of ₹69.49 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹69.49 Cr ▲ 22%
Net loss · FY 2025
₹22.79 Cr margin -32.8%
EBITDA · FY 2025
-₹9.76 Cr margin -14%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 38%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 4%
5 years · compounded
▼ 9%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 22% growth in the latest year. EBITDA rose 58% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.79 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14% | ||||
| Net Profit Margin | -32.8% | ||||
| 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 Isthara Parks Private Limited, buy the company report.
Board of directors of Isthara Parks Private Limited
Isthara Parks has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayan Krishna Kumar Also directs: Serene Hospitality India Private Limited | Director | 08 Oct 2018 | 8 Years 0 Months | Current |
| Sharon Veronica Dsouza | Nominee Director | 30 Sep 2022 | 4 Years 1 Months | Current |
| Vinit Janardan Rai Also directs: Walko Food Company Private Limited, Modish Tractoraurkisan Private Limited, Canpac Trends Private Limited and 1 more | Nominee Director | 03 Jul 2019 | 7 Years 3 Months | Current |
| Kripalakshmi Rajamani Also directs: Tao Capital Private Limited, Tips Excellence Centre, Ois Inspire Foundation and 2 more | Director | 28 Apr 2017 | 9 Years 6 Months | Current |
| Gilbert James Lourduraj | Managing Director | 28 Apr 2017 | 9 Years 6 Months | Current |
| Elias Samir Elias Kawar | Nominee Director | 30 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Isthara Parks Private Limited is compared with the 6 companies closest to it by revenue in the Ecommerce and Internet industry (Hotels, Rentals), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abad Hotels India Pvt Ltd | ₹70.79 Cr (FY 2025) | 1.0% | Ernakulam, Kerala, India | |||
| Leo Meridian Infrastructure Projects & Hotels Limited | ₹70.5 Cr (FY 2024) | 6.0% | Hyderabad, Telangana, India | |||
| Isthara Parks Private Limitedthis company | ₹69.49 Cr (FY 2025) | -₹22.79 Cr | -32.8% | 22.0% | 670 | Coimbatore, Tamil Nadu, India |
| Radha Rajalakshmi Hotels Private Limited | ₹69.35 Cr (FY 2024) | 23.0% | Chennai, Tamil Nadu, India | |||
| Taj Kerala Hotels and Resorts Ltd | ₹69.34 Cr (FY 2025) | 18.0% | Ernakulam, Kerala, India | |||
| Chandrakala Resort Hotels Private Limited | ₹68.84 Cr (FY 2025) | 24.0% | Chennai, Tamil Nadu, India | |||
| Deep Distilleries and Breweries Private Limited | ₹68.38 Cr (FY 2025) | 11.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Isthara Parks Private Limited, buy the company report.
Auditor
Isthara Parks Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Isthara Parks Private Limited 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 Isthara Parks Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.05 Cr
Satisfied charges
₹22.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2022 | 100673847 | Others | ₹13.05 Cr | Satisfied | |
| 07 Jul 2020 | 100398277 | Others | ₹44.55 Lakh | Satisfied | |
| 18 Mar 2020 | 100333211 | Others | ₹5.8 Cr | Satisfied | |
| 25 May 2018 | 100180149 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Isthara Parks Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Isthara Parks Private Limited has 14 deals on record (10 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹154.69 Cr; the latest was in October 2022.
Total deals
14
Funding rounds
10
Secondary share transfers
3
Rights issue
1
Disclosed funding
₹154.69 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Funding round · Series F | ₹5 Cr | Investors: Hemani Chemiorganic Private Limited |
| Sep 2022 | Funding round · Series B | ₹64.19 Cr | Investors: Eagle Investments |
| Jul 2021 | Funding round · Series B | ₹17 Cr | Investors: JM Financial Private Equity, BL Taparia Family Office, Consolidated Technical Services India LLP , an individual |
| Mar 2019 | Rights issue | ₹8.75 Cr | Investors: Tao Capital Private Limited , 3 individuals |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
To see the full deal history of Isthara Parks 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
Isthara Parks Private Limited has 21 court cases on record: 13 filed by Isthara Parks, 8 filed against it. 7 cases are pending and 14 are disposed.
Total cases
21
Filed by the company
13
Filed against the company
8
Pending
7
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 4 | 6 |
| High courts | 5 | 4 | 1 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Arbitration matter | Filed against the company by Valmar Projects LLP | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by M/S Eniverse Hospitality LLP | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Valmar Projects LLP | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed by the company against Valmar Projects LLP and 2 others | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by individuals | Pending |
To see the full case history of Isthara Parks 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
Isthara Parks Private Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 53 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Lakshmi Home Products Private Limited | |||
| an individual supplier | |||
| Isthara Parks Private Limited | |||
| Chefs World Uniforms |
To see the full MSME payment records of Isthara Parks Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Isthara Parks Private Limited has a workforce of 670 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
670
Active EPFO establishments
1
Employee growth
-30.93%
GST
Isthara Parks has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
9
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECI4840D1ZT | Telangana | Active | 28 Sep 2017 |
| 29AAECI4840D1ZO | Karnataka | Active | 15 May 2019 |
| 33AAECI4840D1ZZ | Tamil Nadu | Active | 07 Sep 2019 |
| 37AAECI4840D1ZR | Andhra Pradesh | Active | 27 Jul 2022 |
To see the full GST registrations and return filing status of Isthara Parks Private Limited, buy the company report.
Recent activity
Isthara Parks Private Limited has 12 board changes on record since 2017: 9 appointments and 3 cessations. The latest: Prashant Purohit ceased to be Nominee Director on 24 Feb 2025.
Ceased
Prashant Purohit ceased to be Nominee Director.
Charges
A charge registered on 16 Dec 2022 via Charge ID 100673847 with Others was fully satisfied on 27 Jan 2025.
AGM
Isthara Parks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Isthara Parks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Others amounted to Rs. 13.05 Cr with Charge ID 100673847 was registered on 16 Dec 2022.
Charges
A charge registered on 07 Jul 2020 via Charge ID 100398277 with Others was fully satisfied on 17 Oct 2022.
Charges
A charge registered on 18 Mar 2020 via Charge ID 100333211 with Others was fully satisfied on 17 Oct 2022.
Charges
A charge registered on 25 May 2018 via Charge ID 100180149 with Others was fully satisfied on 17 Oct 2022.
Appointed
Elias Samir Elias Kawar was appointed as Nominee Director.
Appointed
Sharon Veronica Dsouza was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 0.45 Cr with Charge ID 100398277 was registered on 07 Jul 2020.
Charges
A charge with Others amounted to Rs. 5.80 Cr with Charge ID 100333211 was registered on 18 Mar 2020.
11 earlier events are in the company report.
News
Frequently asked questions
Isthara Parks is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 28 April 2017 (9+ years old) and is registered under CIN U55204TZ2017PTC028877.
Isthara Parks has 6 current directors:
- Gilbert James Lourduraj - Managing Director
- Vijayan Krishna Kumar - Director
- Sharon Veronica Dsouza - Nominee Director
- Vinit Janardan Rai - Nominee Director
- Kripalakshmi Rajamani - Director
- Elias Samir Elias Kawar - Nominee Director
The latest financial statements of Isthara Parks 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 FY 2018 are in the company report.
The GSTIN of Isthara Parks is 36AAECI4840D1ZT, registered in Telangana. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAECI4840D1ZO (Karnataka), 33AAECI4840D1ZZ (Tamil Nadu), 37AAECI4840D1ZR (Andhra Pradesh).
The CIN (Corporate Identification Number) of Isthara Parks is U55204TZ2017PTC028877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Isthara Parks has 21 court cases on record: 13 filed by the company and 8 filed against it. 7 are pending. Most are in the district courts.
Isthara Parks was incorporated on 28 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
Isthara Parks has 14 deals on record (10 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹154.69 Cr; the latest was in October 2022.
The peers of Isthara Parks by revenue are Abad Hotels India Pvt Ltd, Leo Meridian Infrastructure Projects & Hotels Limited, Radha Rajalakshmi Hotels Private Limited, Taj Kerala Hotels and Resorts Ltd, Chandrakala Resort Hotels Private Limited and 1 more, all in the Ecommerce and Internet industry (Hotels, Rentals), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Prashant Purohit ceased to be Nominee Director on 24 Feb 2025. Elias Samir Elias Kawar was appointed as Nominee Director on 30 Sep 2022. Sharon Veronica Dsouza was appointed as Nominee Director on 30 Sep 2022. Isthara Parks has 12 board changes on record in total.
Yes, Isthara Parks is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Isthara Parks is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-03-0006882).
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