- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-13-0000089

About Naveen Hotels Private Limited
Data last updated:
Naveen Hotels Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 31 March 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA1975PTC002762. Its GSTIN is 29AAACN7433R1ZR (Karnataka). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Naveen Hotels Limited. It is led by directors including Shetty Satish Anvitaa (Whole-Time Director) and Sandip Malli Kaidale (Whole-Time Director).
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 Murudeshwar Bhawan 604/8 Gokulroad, Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.03 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹14.05 Cr (net margin 20.7%) and EBITDA of ₹30.65 Cr (EBITDA margin 45.1%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 6% over five years.
The company is associated with 1 brand: Naveen Hotels. As per MCA filings, the company has open charges of ₹150.93 Cr and satisfied charges of ₹408.41 Cr on record. Court records list 94 cases involving the company, including 38 filed by the company and 56 filed against it; 4 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in March 2024.
Naveen Hotels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0000089). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website naveenhotels.com.
Company details
Name history
Naveen Hotels has undergone 2 name changes throughout its history. The company was previously known as Naveen Hotels Private Limited, and Naveen Hotels Limited. The current legal name is Naveen Hotels Private Limited.
| Company Name | Status |
|---|---|
| Naveen Hotels Private Limited | Current |
| Naveen Hotels Limited | Previous |
CIN history
Naveen Hotels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U55101KA1975PTC002762, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101KA1975PTC002762 | Current |
| U55101KA1975PLC002762 | Previous |
| U85110KA1975PLC002762 | Previous |
Recognitions & Rankings of Naveen Hotels
Contact details
Naveen Hotels Private Limited's registered office is in Hubli, Karnataka. Its website is naveenhotels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMurudeshwar Bhawan 604/8 Gokulroad, Hubli, Karnataka, India – 580030
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Naveen 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
Brands
Naveen Hotels operates one associated brand: Naveen Hotels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Luxury hotel in Hubli offering accommodations, dining, and banquet services. | naveenhotels.com |
Business activity
The main business activity of Naveen Hotels 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 Naveen Hotels Private Limited, buy the company report.
Financials of Naveen Hotels Private Limited
FY 2025 filings availableNaveen Hotels Private Limited reported revenue of ₹68.03 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 3% growth in the latest year. EBITDA rose 42% 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 | ₹30.65 Cr | ||||
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| Net Profit (PAT) | ₹14.05 Cr | ||||
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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 | 45.1% | ||||
| Net Profit Margin | 20.7% | ||||
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To see the full financial statements and ratios of Naveen Hotels Private Limited, buy the company report.
Board of directors of Naveen Hotels Private Limited
Naveen Hotels has 10 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagaraj Hiriyanna Shetty | Director | 15 Jul 2013 | 13 Years 3 Months | Current |
| Satish Rama Shetty Also directs: Murudeshwar Ceramics Limited, Naveen Structurals and Engineering Co Private Limited, RNS Motors Private Limited and 5 more | Director | 03 May 1982 | 44 Years 5 Months | Current |
| Sunil Rama Shetty Also directs: Murudeshwar Ceramics Limited, Naveen Structurals and Engineering Co Private Limited, RNS Motors Private Limited and 5 more | Director | 28 Jul 1987 | 39 Years 2 Months | Current |
| Shetty Satish Anvitaa | Whole-Time Director | 12 Jan 2021 | 5 Years 9 Months | Current |
| Naveen Rama Shetty Also directs: Murudeshwar Ceramics Limited, Naveen Structurals and Engineering Co Private Limited, RNS Motors Private Limited and 5 more | Director | 28 Jul 1987 | 39 Years 2 Months | Current |
| Sandip Malli Kaidale | Whole-Time Director | 28 Dec 1979 | 46 Years 9 Months | Current |
Auditor
Naveen Hotels Private Limited is audited by B.C.SHETTY & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.C.SHETTY & CO. | FY 2023 | 003819S |
Shareholding
The shareholding of Naveen Hotels 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 Naveen Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2025 | 101113257 | Others | ₹9.17 Lakh | Open | |
| 29 Nov 2023 | 100844952 | Others | ₹22 Lakh | Open | |
| 31 Oct 2023 | 100827422 | Others | ₹60 Lakh | Open | |
| 20 Sep 2022 | 100652794 | Hdfc Bank Limited | ₹87.75 Cr | Open | |
| 01 Jun 2022 | 100595602 | Hdfc Bank Limited | ₹27.28 Lakh | Open |
To see the full charge records of Naveen Hotels Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Naveen Hotels Private Limited has 6 deals on record (6 secondary share transfers); the latest was in March 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Naveen Hotels 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
Naveen Hotels Private Limited has 94 court cases on record: 38 filed by Naveen Hotels, 56 filed against it. 4 cases are pending and 90 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 67 | 38 | 2 |
| District courts | 22 | 14 | 0 |
| Supreme Court | 3 | 2 | 1 |
| NCLAT | 2 | 2 | 1 |
Cases on record (5 of 94)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0904-Civil Law : Transfer of Property Act, 1882 and Specific Relief Act, 1963 – matters arising out of suit for specific performance, declaration, injunction, possession or cancellation of deeds/documents) | Filed by the company against Canara Bank | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by M/S. RNS Power Ltd., | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by M/S Firebricks & Potteries Pvt Ltd | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Canara Bank | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed by the company against M.S Canara Bank | Disposed |
To see the full case history of Naveen 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.
Credit ratings & regulatory alerts
Naveen Hotels Private Limited was last rated by Crisil on 02 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Jul 2020 |
To see the full credit ratings and regulatory alerts of Naveen Hotels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Naveen Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Naveen Hotels has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Naveen Hotels has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACN7433R1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Naveen Hotels Private Limited, buy the company report.
Recent activity
Naveen Hotels Private Limited has 19 board changes on record since 1979: 10 appointments and 9 cessations. The latest: Shetty Satish Anvitaa ceased to be Additional Director on 13 Nov 2021.
55 earlier events are in the company report.
Frequently asked questions
Naveen Hotels is an active private limited company based in Hubli, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 31 March 1975 (51+ years old) and is registered under CIN U55101KA1975PTC002762.
Naveen Hotels has 10 current directors:
- Shetty Satish Anvitaa - Whole-Time Director
- Sandip Malli Kaidale - Whole-Time Director
- Anisha Puneeth Punja - Whole-Time Director
- Abhayanand Raghu Shetty - Whole-Time Director
- Billadi Sudesh Kumar Hegde - Whole-Time Director
- Nagaraj Hiriyanna Shetty - Director
- Satish Rama Shetty - Director
- Sunil Rama Shetty - Director
- Naveen Rama Shetty - Director
- Shobha Jeevan Shetty - Director
The latest financial statements of Naveen 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 Naveen Hotels is 29AAACN7433R1ZR, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Naveen Hotels is U55101KA1975PTC002762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Naveen Hotels has 94 court cases on record: 38 filed by the company and 56 filed against it. 4 are pending. Most are in the high courts.
Naveen Hotels was incorporated on 31 March 1975, making it 51+ years old. It is registered with the Registrar of Companies, Bangalore.
Naveen Hotels has 6 deals on record (6 secondary share transfers); the latest was in March 2024.
Shetty Satish Anvitaa ceased to be Additional Director on 13 Nov 2021. Shetty Satish Anvitaa was appointed as Whole-Time Director on 12 Jan 2021. Rama Nagappa Shetty ceased to be Managing Director on 17 Dec 2020. Naveen Hotels has 19 board changes on record in total.
Yes, Naveen Hotels is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-13-0000089).