About M-Star Hotels Private Limited
Data last updated:
M-Star Hotels Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Indel Corporation Private Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 02 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U55101KL2011PTC029006. Its GSTIN is 32AAHCM3779L2Z0 (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹63 Cr and a paid-up capital of ₹62.29 Cr. It is led by directors including Mohanan Gopalakrishnan (Managing Director) and Siju Sankaran Kutty.
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/9 Kerala State Housing Building Changampuzha Nagar South Kalamassery, Ernakulam, Kerala, India – 682036.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.96 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹42.37 Lakh (net margin -7.1%) and EBITDA of ₹2.26 Cr (EBITDA margin 37.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 34% over five years.
The company has about 3 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹53.97 Cr and satisfied charges of ₹28.56 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
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
Contact details
M-Star Hotels Private Limited's registered office is in Ernakulam, Kerala. Its website is indelcorp.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. Xxv/9 Kerala State Housing Building Changampuzha Nagar South Kalamassery, Ernakulam, Kerala, India – 682036
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of M-Star 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 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 M-Star Hotels Private Limited, buy the company report.
Financials of M-Star Hotels Private Limited
FY 2024 filings availableM-Star Hotels Private Limited reported revenue of ₹5.96 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 15% growth in the latest year. EBITDA rose 50% 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 | ₹2.26 Cr | ||||
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| Net Profit (PAT) | -₹42.37 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 | 37.9% | ||||
| Net Profit Margin | -7.1% | ||||
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To see the full financial statements and ratios of M-Star Hotels Private Limited, buy the company report.
Board of directors of M-Star Hotels Private Limited
M-Star Hotels has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siju Sankaran Kutty | Director | 14 Jul 2017 | 9 Years 3 Months | Current |
| Rajaneesh Palappallam Gopalan Also directs: M-Star Hotels Palakkad Private Limited, M-Star Hotels Koduvayur Private Limited, Indel Infra Private Limited and 5 more | Director | 26 Mar 2012 | 14 Years 7 Months | Current |
| Umesh Mohanan | Director | 10 Dec 2018 | 7 Years 10 Months | Current |
| Mohanan Gopalakrishnan | Managing Director | 10 Dec 2018 | 7 Years 10 Months | Current |
Auditor
M-Star Hotels Private Limited is audited by KIRIT SATRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRIT SATRA & ASSOCIATES | FY 2023 | 140250W |
Shareholding
The shareholding of M-Star 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 Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2025 | 101164665 | Others | ₹35 Cr | Open | |
| 30 Nov 2022 | 100657816 | Hdfc Bank Limited | ₹21.63 Lakh | Open | |
| 25 Oct 2021 | 100500790 | Others | ₹4.75 Cr | Open | |
| 25 Oct 2021 | 100500932 | Others | ₹8 Cr | Open | |
| 09 Oct 2019 | 100298873 | Others | ₹6 Cr | Open |
To see the full charge records of M-Star Hotels Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
M-Star Hotels Private Limited has 5 court cases on record: 5 filed by M-Star Hotels. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against State of Kerala, | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala and 4 others | Disposed |
| High Court | Appeal | Filed by the company against State of Kerala and 3 others | Disposed |
To see the full case history of M-Star 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 Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
M-Star Hotels has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| M-Star Hotels Palakkad Private Limited | U55101KL2012PTC030364 | |
| M-Star Heritage Hotels Private Limited | U55101KL2012PTC030423 | |
| M-Star Hotels Koduvayur Private Limited | U55101KL2012PTC031010 |
To see the full group structure of M-Star Hotels Private Limited, buy the company report.
Employees & EPFO
M-Star Hotels Private Limited has a workforce of 3 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
M-Star Hotels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCM3779L2Z0 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M-Star Hotels Private Limited, buy the company report.
Recent activity
M-Star Hotels Private Limited has 9 board changes on record since 2012: 4 appointments and 5 cessations. The latest: Mohanan Gopalakrishnan was appointed as Managing Director on 10 Dec 2018.
36 earlier events are in the company report.
Frequently asked questions
M-Star Hotels is an active private limited company based in Ernakulam, Kerala, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 02 August 2011 (15+ years old) and is registered under CIN U55101KL2011PTC029006.
M-Star Hotels has 4 current directors:
- Mohanan Gopalakrishnan - Managing Director
- Siju Sankaran Kutty - Director
- Rajaneesh Palappallam Gopalan - Director
- Umesh Mohanan - Director
The latest financial statements of M-Star 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 Hotels is 32AAHCM3779L2Z0, 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 Hotels is U55101KL2011PTC029006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M-Star Hotels has 5 court cases on record: 5 filed by the company.
M-Star Hotels was incorporated on 02 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.
Mohanan Gopalakrishnan was appointed as Managing Director on 10 Dec 2018. Umesh Mohanan was appointed as Director on 10 Dec 2018. Siju Sankaran Kutty ceased to be Additional Director on 27 Sep 2017. M-Star Hotels has 9 board changes on record in total.
M-Star Hotels can be reached through the website indelcorp.in. Its registered office is in Ernakulam, Kerala, India.
The registered office of M-Star Hotels is at No. Xxv9 Kerala State Housing Building Changampuzha Nagar South Kalamassery, Ernakulam, Kerala, India – 682036.
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