- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0049473

About M-Star Heritage Hotels Private Limited
Data last updated:
M-Star Heritage Hotels Private Limited is a private limited company based in Kochi, Kerala, India, a subsidiary of M-Star Hotels Private Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 02 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U55101KL2012PTC030423. Its GSTIN is 32AAHCM7005K2ZJ (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It is led by directors Siju Sankaran Kutty and Rajaneesh Palappallam Gopalan.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. Xxv/1 Kerala State Housing Building Changampuzha Nagar South Kalamassery, Kochi, Kerala, India – 682036.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.71 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹68.09 Lakh (net margin -11.9%) and EBITDA of ₹1.33 Cr (EBITDA margin 23.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.61 Cr and satisfied charges of ₹20.3 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
M-Star Heritage Hotels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0049473). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indelcorp.in.
Company details
Recognitions & Rankings of M-Star Heritage Hotels
Contact details
M-Star Heritage Hotels Private Limited's registered office is in Kochi, Kerala. Its website is indelcorp.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. Xxv/1 Kerala State Housing Building Changampuzha Nagar South Kalamassery, Kochi, Kerala, India – 682036
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of M-Star Heritage 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 M-Star Heritage 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 M-Star Heritage Hotels Private Limited, buy the company report.
Financials of M-Star Heritage Hotels Private Limited
FY 2024 filings availableM-Star Heritage Hotels Private Limited reported revenue of ₹5.71 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 1% growth in the latest year. EBITDA fell 21% 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 | ₹1.33 Cr | ||||
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| Net Profit (PAT) | -₹68.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 23.3% | ||||
| Net Profit Margin | -11.9% | ||||
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To see the full financial statements and ratios of M-Star Heritage Hotels Private Limited, buy the company report.
Board of directors of M-Star Heritage Hotels Private Limited
M-Star Heritage Hotels has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siju Sankaran Kutty Also directs: Indel Infra Private Limited, M-Star Hotels Private Limited, Indel Capital Credits and Investments Private Limited and 5 more | Director | 15 Aug 2014 | 12 Years 2 Months | Current |
| Rajaneesh Palappallam Gopalan Also directs: Indel Infra Private Limited, M-Star Hotels Private Limited, M-Star Hotels Palakkad Private Limited and 5 more | Director | 01 Apr 2014 | 12 Years 7 Months | Current |
Peer comparison
M-Star Heritage Hotels Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Salad Story Restaurants Private Limited | ₹5.72 Cr (FY 2019) | 2335.0% | New Delhi, Delhi, India | |||
| Paravoor Galaxy Hotels Private Limited | ₹5.72 Cr (FY 2024) | 7.0% | Ernakulam, Kerala, India | |||
| M-Star Heritage Hotels Private Limitedthis company | ₹5.71 Cr (FY 2024) | -₹68.09 Lakh | -11.9% | 1.0% | Kochi, Kerala, India | |
| Dak Trading India (OPC) Private Limited | ₹5.7 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Sud Hotels and Allied Enterprises Pvt Ltd | ₹5.69 Cr (FY 2024) | -24.0% | Himachal Pradesh, India |
To see the full peer comparison of M-Star Heritage Hotels Private Limited, buy the company report.
Auditor
M-Star Heritage Hotels Private Limited is audited by FRG & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| FRG & Company | FY 2023 | 023258N |
Shareholding
The shareholding of M-Star Heritage 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 M-Star Heritage Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2023 | 100694599 | Hdfc Bank Limited | ₹60.91 Lakh | Open | |
| 10 Oct 2022 | 100641651 | Idbi Trusteeship Services Limited | ₹16 Cr | Open | |
| 29 Mar 2018 | 100169715 | Others | ₹30 Lakh | Satisfied | |
| 17 Jan 2014 | 10475741 | Dhanlaxmi Bank Limited | ₹20 Cr | Satisfied |
To see the full charge records of M-Star Heritage Hotels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
M-Star Heritage Hotels Private Limited has 1 court case on record: 1 filed by M-Star Heritage Hotels. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of M-Star Heritage 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 M-Star Heritage Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M-Star Heritage Hotels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCM7005K2ZJ | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M-Star Heritage Hotels Private Limited, buy the company report.
Recent activity
M-Star Heritage Hotels Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Rajaneesh Palappallam Gopalan ceased to be Additional Director on 27 Sep 2014.
4 earlier events are in the company report.
Frequently asked questions
M-Star Heritage Hotels is an active private limited company based in Kochi, Kerala, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 02 February 2012 (14+ years old) and is registered under CIN U55101KL2012PTC030423.
M-Star Heritage Hotels has 2 current directors:
- Siju Sankaran Kutty - Director
- Rajaneesh Palappallam Gopalan - Director
The latest financial statements of M-Star Heritage Hotels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of M-Star Heritage Hotels is 32AAHCM7005K2ZJ, registered in Kerala. 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 M-Star Heritage Hotels is U55101KL2012PTC030423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M-Star Heritage Hotels has 1 court case on record: 1 filed by the company.
M-Star Heritage Hotels was incorporated on 02 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of M-Star Heritage Hotels by revenue are Salad Story Restaurants Private Limited, Paravoor Galaxy Hotels Private Limited, Dak Trading India (OPC) Private Limited, Sud Hotels and Allied Enterprises Pvt Ltd, all in the Consumer Services industry (Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Rajaneesh Palappallam Gopalan ceased to be Additional Director on 27 Sep 2014. Siju Sankaran Kutty ceased to be Additional Director on 27 Sep 2014. Mohanan Gopalakrishnan ceased to be Managing Director on 01 Sep 2014. M-Star Heritage Hotels has 6 board changes on record in total.
Yes, M-Star Heritage Hotels is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0049473).
M-Star Heritage Hotels can be reached through the website indelcorp.in. Its registered office is in Kochi, Kerala, India.

