- #465 Vikramjit Singh Oberoi ₹7,500 Cr

About Svara Hotels Limited
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Svara Hotels Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Eih Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 01 October 1990 and has been in existence for over 36 years.
Its director Vikramjit Singh Oberoi is #465 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U55101WB1990PLC095270. Its GSTIN is 09AADCM7414Q1ZW (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹20.65 Cr. It was formerly known as Mumtaz Hotels Limited. It is led by directors including Manish Goyal (Managing Director) and Manav Goyal.
Its last annual general meeting (AGM) was held on 12 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2026, the company reported a revenue of ₹192.16 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹71.13 Cr (net margin 37%) and EBITDA of ₹101.83 Cr (EBITDA margin 53%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 59% over five years.
As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹146 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 4 deals on record (4 secondary share transfers); the latest was in April 2022. 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 Samhi JV Business Hotels Private Limited with revenue of ₹179.3 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 13 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 oberoigroup.com.
Company details
CIN history
Svara Hotels has one previous CIN (Corporate Identification Number): U55101WB2002PTC095270. The current CIN is U55101WB1990PLC095270, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101WB1990PLC095270 | Current |
| U55101WB2002PTC095270 | Previous |
Recognitions & Rankings of Svara Hotels
Contact details
Svara Hotels Limited's registered office is in Kolkata, West Bengal. Its website is oberoigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressN – 806 – A 8th Floor Diamond Heritage Building, 16 Strand Road Fairley Place, Kolkata, West Bengal, India – 700001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Svara Hotels 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 Svara Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| 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. | |
| 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 Svara Hotels Limited, buy the company report.
Financials of Svara Hotels Limited
FY 2025 filings availableSvara Hotels Limited reported revenue of ₹192.16 Cr (up 8% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 8% growth in the latest year. EBITDA rose 22% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹101.83 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹71.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53% | ||||
| Net Profit Margin | 37% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Svara Hotels Limited, buy the company report.
Board of directors of Svara Hotels Limited
Svara Hotels has 8 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manav Goyal Also directs: Ams Goyal Ventures LLP, Aura Space Developers Private Limited | Director | 17 May 2019 | 7 Years 5 Months | Current |
| Shivy Bhasin | Director | 02 Feb 1991 | 35 Years 8 Months | Current |
| Tej Kumar Sibal Also directs: Oberoi Kerala Hotels and Resorts Ltd, Avis India Mobility Solutions Private Limited, Oberoi Plaza Pvt Ltd and 1 more | Director | 04 Jul 1997 | 29 Years 3 Months | Current |
| Anil Kumar Nehru | Director | 16 Apr 2025 | 1 Years 6 Months | Current |
| Chhavi Rajawat Also directs: Eih Limited, Miracle Foundation India | Director | 25 Oct 2019 | 7 Years 0 Months | Current |
| Vikramjit Singh Oberoi Also directs: Oberoi Kerala Hotels and Resorts Ltd, Avis India Mobility Solutions Private Limited, Oberoi Plaza Pvt Ltd and 5 more | Director | 25 Jan 2002 | 24 Years 9 Months | Current |
Peer comparison
Svara Hotels 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 |
|---|---|---|---|---|---|---|
| Svara Hotels Limitedthis company | ₹192.16 Cr (FY 2026) | ₹71.13 Cr | 37% | 8.0% | Kolkata, West Bengal, India | |
| Samhi JV Business Hotels Private Limited | ₹179.3 Cr (FY 2025) | 14.0% | Delhi, India | |||
| Dhanturi Group of Hotels Private Limited | ₹174.81 Cr (FY 2025) | 13.0% | Hyderabad, Telangana, India | |||
| Praveg Limited | ₹174.43 Cr (FY 2025) | 84.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Svara Hotels Limited, buy the company report.
Auditor
Svara Hotels Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2025 | 117366W/W-100018 |
Shareholding
The shareholding of Svara Hotels Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Svara Hotels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2009 | 10175479 | Icici Bank Limited | ₹7 Cr | Open | |
| 27 Nov 2018 | 100219767 | Others | ₹2 Cr | Satisfied | |
| 22 Oct 2001 | 80055883 | Icici Bank Ltd | ₹4 Cr | Satisfied | |
| 13 Jul 2001 | 80062986 | Icici Home Finance Company Limited | ₹4 Cr | Satisfied | |
| 13 Jun 2001 | 90254037 | Icici Bank Ltd. | ₹71 Cr | Satisfied |
To see the full charge records of Svara Hotels Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Svara Hotels Limited has 4 deals on record (4 secondary share transfers); the latest was in April 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Eih Limited JT S.N Sridhar, Eih Limited & Sdutta, 2 individuals |
| Feb 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2007 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Svara Hotels Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Court case (WP(PIL)) | Filed against the company | Disposed |
To see the full case history of Svara Hotels 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
Svara Hotels Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Skisa Supply Chain Solutions | |||
| Trinetra Tours Private Limited | |||
| Indian Trails Sourcing Services Private Limited | |||
| Edgetech Air Systems Private Limited | |||
| R.K.International |
To see the full MSME payment records of Svara Hotels Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Svara Hotels has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCM7414Q1ZW | Uttar Pradesh | Active | 01 Jul 2017 |
| 37AADCM7414Q1ZX | Andhra Pradesh | Active | 01 Feb 2024 |
To see the full GST registrations and return filing status of Svara Hotels Limited, buy the company report.
Recent activity
Svara Hotels Limited has 22 board changes on record since 1991: 10 appointments and 12 cessations. The latest: Anil Kumar Nehru ceased to be Additional Director on 11 Jun 2025.
26 earlier events are in the company report.
Frequently asked questions
Svara Hotels is an active public limited company based in Kolkata, West Bengal, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 01 October 1990 (36+ years old) and is registered under CIN U55101WB1990PLC095270.
Svara Hotels has 8 current directors:
- Manish Goyal - Managing Director
- Manav Goyal - Director
- Shivy Bhasin - Director
- Tej Kumar Sibal - Director
- Anil Kumar Nehru - Director
- Chhavi Rajawat - Director
- Vikramjit Singh Oberoi - Director
- Arjun Singh Oberoi - Director
The latest financial statements of Svara Hotels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Svara Hotels is 09AADCM7414Q1ZW, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AADCM7414Q1ZX (Andhra Pradesh).
The CIN (Corporate Identification Number) of Svara Hotels is U55101WB1990PLC095270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Svara Hotels has 1 court case on record: 1 filed against it.
Svara Hotels was incorporated on 01 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.
Svara Hotels has 4 deals on record (4 secondary share transfers); the latest was in April 2022.
The peers of Svara Hotels by revenue are Samhi JV Business Hotels Private Limited, Dhanturi Group of Hotels Private Limited, Praveg 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.).
Anil Kumar Nehru ceased to be Additional Director on 11 Jun 2025. Anil Kumar Nehru was appointed as Director on 16 Apr 2025. Vineet Kapur was appointed as CFO on 27 Jan 2025. Svara Hotels has 22 board changes on record in total.
Svara Hotels has 7 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 13 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Svara Hotels can be reached through the website oberoigroup.com. Its registered office is in Kolkata, West Bengal, India.