About Nitesh Residency Hotels Private Limited
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Nitesh Residency Hotels Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Cpi India I Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 14 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2006PTC041203. Its GSTIN is 29AACCN4140M1Z9 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹950 Cr and a paid-up capital of ₹853.61 Cr. It is led by directors including Mohit Arora and Siddharth Nawal.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Level 4 B Wing The Ritz Carlton Hotel 99 Residency Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹220.99 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹45.87 Cr (net margin -20.8%) and EBITDA of ₹43.59 Cr (EBITDA margin 19.7%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 11% over five years.
The company has about 429 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹636 Cr and satisfied charges of ₹3,13,455 Cr on record. Court records list 109 cases involving the company, including 69 filed by the company and 41 filed against it; 2 cases are pending. The company has 20 deals on record (10 secondary share transfers, 7 funding rounds, 3 rights issues), with disclosed funding of ₹629.95 Cr; the latest was in March 2023. Its 3 peer companies in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 1 larger and 2 smaller; the largest is Ceres Hotels Private Limited with revenue of ₹221.49 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 244 overdue payments to 101 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niteshgroup.com.
Company details
Contact details
Nitesh Residency Hotels Private Limited's registered office is in Bangalore, Karnataka. Its website is niteshgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel 4 B Wing The Ritz Carlton Hotel 99 Residency Road, Bangalore, Karnataka, India – 560025
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Nitesh Residency 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 Nitesh Residency Hotels 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 Nitesh Residency Hotels Private Limited, buy the company report.
Financials of Nitesh Residency Hotels Private Limited
FY 2025 filings availableNitesh Residency Hotels Private Limited reported revenue of ₹220.99 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 15% growth in the latest year. EBITDA fell 20% 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 | ₹43.59 Cr | ||||
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| Net Profit (PAT) | -₹45.87 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 19.7% | ||||
| Net Profit Margin | -20.8% | ||||
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To see the full financial statements and ratios of Nitesh Residency Hotels Private Limited, buy the company report.
Board of directors of Nitesh Residency Hotels Private Limited
Nitesh Residency Hotels has 5 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Arora Also directs: Eon Kharadi Infrastructure Private Limited, P-One Infrastructure Private Limited, Kolte-Patil Developers Limited and 1 more | Director | 24 Dec 2025 | 0 Years 10 Months | Current |
| Samuel Myer Ferguson Green | Additional Director | 11 Jan 2024 | 2 Years 9 Months | Current |
| Siddharth Nawal | Director | 24 Dec 2025 | 0 Years 10 Months | Current |
| Nitesh Shetty Also directs: Satchmo Holdings Limited, Nirpl Ventures Private Limited, Singita Kosha Trading Private Limited and 5 more | Director | 02 Jan 2007 | 19 Years 10 Months | Current |
| Jainik Manish Patwa | Additional Director | 25 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Nitesh Residency Hotels Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hotels), 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 |
|---|---|---|---|---|---|---|
| Ceres Hotels Private Limited | ₹221.49 Cr (FY 2025) | 41.0% | Salcete, Goa, India | |||
| Nitesh Residency Hotels Private Limitedthis company | ₹220.99 Cr (FY 2025) | -₹45.87 Cr | -20.8% | 15.0% | 429 | Bangalore, Karnataka, India |
| Saikripa Foods Services Private Limited | ₹220.46 Cr (FY 2025) | 7.0% | Mumabi, Maharashtra, India | |||
| Adarsh Realty and Hotels Private Limited | ₹217.7 Cr (FY 2024) | -36.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Nitesh Residency Hotels Private Limited, buy the company report.
Auditor
Nitesh Residency Hotels Private Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Nitesh Residency 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 Nitesh Residency Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2017 | 100116943 | Others | ₹318 Cr | Satisfied | |
| 31 Mar 2016 | 100154845 | Others | ₹318 Cr | Satisfied | |
| 30 Mar 2010 | 10219490 | State Bank of India | ₹110 Cr | Satisfied | |
| 06 Dec 2007 | 10085628 | Idbi Trusteeship Services Limited | ₹190 Cr | Satisfied | |
| 12 Oct 2007 | 10077293 | State Bank of India | ₹3,12,500 Cr | Satisfied |
To see the full charge records of Nitesh Residency Hotels Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Nitesh Residency Hotels Private Limited has 20 deals on record (10 secondary share transfers, 7 funding rounds, 3 rights issues), with disclosed funding of ₹629.95 Cr; the latest was in March 2023.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Nitesh Land Private Limited , an individual Seller: Singita Kosha Trading Private Limited |
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: Singita Kosha Trading Private Limited Seller: Turineedo Technologies Private Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Singita Kosha Trading Private Limited Seller: Fijita Outdoor Ads and Networks Private Limited |
| Jun 2020 | Rights issue | ₹1.33 Cr | Investors: Cpi India I Limited, Turineedo Technologies Private Limited , Fijita Outdoor Ads and Networks Private Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Turineedo Technologies Private Limited Seller: Satchmo Holdings Limited |
To see the full deal history of Nitesh Residency 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
Nitesh Residency Hotels Private Limited has 109 court cases on record: 69 filed by Nitesh Residency Hotels, 41 filed against it. 2 cases are pending and 107 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 63 | 25 | 0 |
| High courts | 44 | 15 | 2 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 109)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Masters Management Consultants India Pvt. Ltd. | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Reserve Bank of India and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Dentsu Aegis Network Communications India Private Limited | Disposed |
| High Court | Writ petition | Filed by the company against J.C Flowers Asset Reconstruction Pvt. Ltd and 9 others | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against M/S. Masters Management Consultants India Private Limited | Disposed |
To see the full case history of Nitesh Residency 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
Nitesh Residency Hotels Private Limited was last rated by Icra on 27 Jun 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Jun 2016 |
To see the full credit ratings and regulatory alerts of Nitesh Residency Hotels Private Limited, buy the company report.
MSME payment delays
Nitesh Residency Hotels Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 244 overdue payments to 101 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 101)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Nitesh Residency Hotels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nitesh Residency Hotels Private Limited has a workforce of 429 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Nitesh Residency Hotels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN4140M1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nitesh Residency Hotels Private Limited, buy the company report.
Recent activity
Nitesh Residency Hotels Private Limited has 23 board changes on record since 2007: 5 appointments and 18 cessations. The latest: Mohit Arora ceased to be Additional Director on 25 Dec 2025.
30 earlier events are in the company report.
Frequently asked questions
Nitesh Residency Hotels is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 14 December 2006 (20+ years old) and is registered under CIN U55101KA2006PTC041203.
Nitesh Residency Hotels has 5 current directors:
- Mohit Arora - Director
- Samuel Myer Ferguson Green - Additional Director
- Siddharth Nawal - Director
- Nitesh Shetty - Director
- Jainik Manish Patwa - Additional Director
The latest financial statements of Nitesh Residency Hotels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nitesh Residency Hotels is 29AACCN4140M1Z9, 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 Nitesh Residency Hotels is U55101KA2006PTC041203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitesh Residency Hotels has 109 court cases on record: 69 filed by the company and 41 filed against it. 2 are pending. Most are in the district courts.
Nitesh Residency Hotels was incorporated on 14 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Nitesh Residency Hotels has 20 deals on record (10 secondary share transfers, 7 funding rounds, 3 rights issues), with disclosed funding of ₹629.95 Cr; the latest was in March 2023.
The peers of Nitesh Residency Hotels by revenue are Ceres Hotels Private Limited, Saikripa Foods Services Private Limited, Adarsh Realty and Hotels Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Mohit Arora ceased to be Additional Director on 25 Dec 2025. Siddharth Nawal ceased to be Additional Director on 25 Dec 2025. Jainik Manish Patwa ceased to be Additional Director on 24 Dec 2025. Nitesh Residency Hotels has 23 board changes on record in total.
Nitesh Residency Hotels has 13 MSME Form 1 returns on record between 2019 and 2024, listing 244 overdue payments to 101 micro and small suppliers. The latest return was filed on 08 May 2024.
Nitesh Residency Hotels can be reached through the website niteshgroup.com. Its registered office is in Bangalore, Karnataka, India.
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