MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0032307
Somayaji Hotels Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.56 Cr
▲ 98% YoY
Net profit · FY 2024
₹1.57 Cr
Net margin 8.4%
EBITDA · FY 2024
₹8.53 Cr
EBITDA margin 46%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹8.58 Cr
Issued & subscribed
Open charges
₹67.9 Cr
Satisfied ₹14.75 Cr
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
About Somayaji Hotels Private Limited
Data last updated:
Somayaji Hotels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 03 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2005PTC035534. Its GSTIN is 29AAJCS8778D1ZO (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.58 Cr. It is led by directors Arundhathi Raghunath Somayaji and Bantwal Raghunath Somayaji.
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 No.41 Sheshadri Road Anand Rao Circle, Bangalore, Karnataka, India – 560009.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.56 Cr, a growth of 98% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 8.4%) and EBITDA of ₹8.53 Cr (EBITDA margin 46%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 2% over five years.
The company is associated with 2 brands: SOMAYAJI Group and Citadel Sarovar Portico Bangalore. As per MCA filings, the company has open charges of ₹67.9 Cr and satisfied charges of ₹14.75 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 1 case is pending.
Somayaji Hotels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0032307). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citadelhotel.in.
Company details
CIN U55101KA2005PTC035534
Registration Number 035534
Incorporation Date 03 February 2005
ROC Bangalore
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 Small
Udyam Registration UDYAM-KR-03-0032307
Recognitions & Rankings of Somayaji Hotels
Contact details
Somayaji Hotels Private Limited's registered office is in Bangalore, Karnataka. Its website is citadelhotel.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.41 Sheshadri Road Anand Rao Circle, Bangalore, Karnataka, India – 560009
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Somayaji Hotels Private Limited, buy the company report.
Comprehensive company report
Somayaji 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
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Brands
Somayaji Hotels operates two associated brands: SOMAYAJI Group and Citadel Sarovar Portico Bangalore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers FinTECH innovations, branding strategies, consulting, and philanthropic support globally. | somayaji-group.com | |
| Hospitality services encompassing accommodation, events, and dining in Bengaluru. | citadelhotel.in |
Business activity
The main business activity of Somayaji 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 Somayaji Hotels Private Limited, buy the company report.
Financials of Somayaji Hotels Private Limited
FY 2024 filings availableSomayaji Hotels Private Limited reported revenue of ₹18.56 Cr (up 98% YoY) for FY 2024.
Revenue · FY 2024
₹18.56 Cr ▲ 98%
Net profit · FY 2024
₹1.57 Cr margin 8.4%
EBITDA · FY 2024
₹8.53 Cr margin 46%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 98%
3 years · compounded
▲ 32%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 13%
Revenue rose 98% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 26% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.57 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46% | ||||
| Net Profit Margin | 8.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Somayaji Hotels Private Limited, buy the company report.
Board of directors of Somayaji Hotels Private Limited
Somayaji Hotels has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arundhathi Raghunath Somayaji Also directs: Sumukha Krishna LLP, Krishnadeva Developers LLP, Sharadayane Lakshmi Marketing LLP and 5 more | Director | 03 Feb 2005 | 21 Years 8 Months | Current |
| Bantwal Raghunath Somayaji Also directs: Sumukha Krishna LLP, Krishnadeva Developers LLP, Sharadayane Lakshmi Marketing LLP and 5 more | Director | 03 Feb 2005 | 21 Years 8 Months | Current |
Peer comparison
Somayaji 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 |
|---|---|---|---|---|---|---|
| Samode Hotels Private Limited | ₹18.69 Cr (FY 2025) | 16.0% | Jaipur, Rajasthan, India | |||
| Samcon Resort & Hotel Pvt Ltd | ₹18.67 Cr (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Somayaji Hotels Private Limitedthis company | ₹18.56 Cr (FY 2024) | ₹1.57 Cr | 8.4% | 98.0% | Bangalore, Karnataka, India | |
| Capitol Hill Hotels Private Limited | ₹18.52 Cr (FY 2025) | -4.0% | Ranchi, Jharkhand, India |
To see the full peer comparison of Somayaji Hotels Private Limited, buy the company report.
Shareholding
The shareholding of Somayaji 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 Somayaji Hotels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹67.9 Cr
Satisfied charges
₹14.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2024 | 100935854 | Axis Bank Limited | ₹4.6 Cr | Open | |
| 25 May 2024 | 100928126 | Axis Bank Limited | ₹4.3 Cr | Open | |
| 19 Sep 2009 | 10184347 | Axis Bank Limited | ₹59 Cr | Open | |
| 20 Apr 2006 | 10004818 | Axis Bank Limited | ₹14.75 Cr | Satisfied | |
| 29 Jun 2005 | 80004606 | State Bank of India | ₹- | Satisfied |
To see the full charge records of Somayaji Hotels Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Somayaji Hotels Private Limited has 7 court cases on record: 2 filed by Somayaji Hotels, 5 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
2
Filed against the company
5
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| Supreme Court | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Dhruv Interiors Pvt Ltd | Pending |
| Supreme Court | Court case (1802-Ordinary Civil Matters : T.P. Under Section 25 of the C.P.C.) | Filed against the company by M/S. Dhruv Interiors Pvt. Ltd. Through Its Director Shri Sanjay Kumar Dogra J-85, Kartar Nagar, Near Mishra Market ,New Delhi , Delhi | Disposed |
| Supreme Court | Petition | Filed against the company by M/S. Dhruv Interiors Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Knight Frank India Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Knight Frank India Pvt Ltd | Disposed |
To see the full case history of Somayaji 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 Somayaji Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Somayaji Hotels has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS8778D1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Somayaji Hotels Private Limited, buy the company report.
Recent activity
Somayaji Hotels Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Arundhathi Raghunath Somayaji was appointed as Director on 03 Feb 2005.
AGM
Somayaji Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.60 Cr with Charge ID 100935854 was registered on 12 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.30 Cr with Charge ID 100928126 was registered on 25 May 2024.
Filing
Somayaji Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited of Rs. 59.00 Cr registered on 19 Sep 2009 with Charge ID 10184347 was modified on 28 Feb 2024.
Charges
A charge registered on 20 Apr 2006 via Charge ID 10004818 with Axis Bank Limited was fully satisfied on 23 Oct 2009.
Charges
A charge with Axis Bank Limited amounted to Rs. 59.00 Cr with Charge ID 10184347 was registered on 19 Sep 2009.
Charges
A charge with Axis Bank Limited of Rs. 14.75 Cr registered on 20 Apr 2006 with Charge ID 10004818 was modified on 21 Feb 2008.
Charges
A charge registered on 29 Jun 2005 via Charge ID 80004606 with State Bank Of India was fully satisfied on 23 May 2006.
Charges
A charge with Axis Bank Limited amounted to Rs. 14.75 Cr with Charge ID 10004818 was registered on 20 Apr 2006.
Charges
A charge with State Bank Of India amounted to Rs. 0.00 with Charge ID 80004606 was registered on 29 Jun 2005.
Appointed
Arundhathi Raghunath Somayaji was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Somayaji 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 03 February 2005 (21+ years old) and is registered under CIN U55101KA2005PTC035534.
Somayaji Hotels has 2 current directors:
- Arundhathi Raghunath Somayaji - Director
- Bantwal Raghunath Somayaji - Director
The latest financial statements of Somayaji 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 Somayaji Hotels is 29AAJCS8778D1ZO, 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 Somayaji Hotels is U55101KA2005PTC035534. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Somayaji Hotels has 7 court cases on record: 2 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Somayaji Hotels was incorporated on 03 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Somayaji Hotels by revenue are Samode Hotels Private Limited, Samcon Resort & Hotel Pvt Ltd, Capitol Hill 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.).
Arundhathi Raghunath Somayaji was appointed as Director on 03 Feb 2005. Bantwal Raghunath Somayaji was appointed as Director on 03 Feb 2005.
Yes, Somayaji Hotels is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0032307).
Somayaji Hotels can be reached through the website citadelhotel.in. Its registered office is in Bangalore, Karnataka, India.