About Nandhini Hotels Private Limited
Data last updated:
Nandhini Hotels Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 10 May 1991.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55209KA1991PTC011956. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Rupesh Anand and Dhanush Srinivas.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at #114/2 Lalbagh Fort Roadbangalore, Karnataka, India – 560004.
As per the financials filed for FY 2020, the company reported a revenue of ₹15.11 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹43.25 Lakh (net margin -2.9%) and EBITDA of ₹2.63 Cr (EBITDA margin 17.4%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 21% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹50.85 Cr on record. Court records list 18 cases involving the company, including 2 filed by the company and 16 filed against it; 2 cases are pending.
The last known website on record is nandhini.com.
Company details
Contact details
Nandhini Hotels Private Limited's registered office is in Bangalore, Karnataka. Its website is nandhini.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#114/2 Lalbagh Fort Roadbangalore, Karnataka, India – 560004
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Nandhini 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 activities of Nandhini Hotels are accommodation and food service and construction. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and buildings. 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. | |
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Nandhini Hotels Private Limited, buy the company report.
Financials of Nandhini Hotels Private Limited
FY 2020 filings availableNandhini Hotels Private Limited reported revenue of ₹15.11 Cr (down 31% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 31% fall in the latest year. EBITDA rose 558% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹15.11 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹43.25 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | ||||
| Net Profit Margin | -2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Nandhini Hotels Private Limited, buy the company report.
Board of directors of Nandhini Hotels Private Limited
Nandhini Hotels has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupesh Anand | Director | 03 Aug 2011 | 15 Years 3 Months | As last reported |
| Dhanush Srinivas Also directs: Flavourite Delicacies LLP, Abdv Foods Private Limited, Qzine Connex Private Limited and 1 more | Director | 30 Jun 2022 | 4 Years 4 Months | As last reported |
| Lakshmi Anand Also directs: Nandhini Builders Private Limited | Director | 27 Oct 2020 | 6 Years 0 Months | As last reported |
Auditor
Nandhini Hotels Private Limited is audited by M P MOHAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M P MOHAN & CO | FY 2020 | 005705S |
Shareholding
The shareholding of Nandhini Hotels Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nandhini Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2018 | 100187419 | Others | ₹14 Cr | Open | |
| 30 Oct 2017 | 100140774 | Others | ₹18 Cr | Open | |
| 29 Dec 2011 | 10330970 | Tumkur Grain Merchants Co-Operative Bank Limited | ₹8 Cr | Open | |
| 20 Apr 2015 | 10566251 | Religare Finvest Limited | ₹25.05 Cr | Satisfied | |
| 06 Dec 2014 | 10539923 | Vijaya Bank | ₹5 Cr | Satisfied |
To see the full charge records of Nandhini Hotels Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Nandhini Hotels Private Limited has 18 court cases on record: 2 filed by Nandhini Hotels, 16 filed against it. 2 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 13 | 1 |
| High courts | 3 | 2 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against M/S Prince System Private Limited and 2 others | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Prince System Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Metals and Metal Electric Pvt Ltd | Disposed |
| District court, South West, Delhi | Criminal case | Filed against the company by Neo Growth Credit Pvt.Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Ltd | Disposed |
To see the full case history of Nandhini 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 Nandhini Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nandhini Hotels Private Limited has a workforce of 3 employees on its EPFO records as of Mar 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 3 |
| FY 2016-17 |
To see the full employee and EPFO history of Nandhini Hotels Private Limited, buy the company report.
GST
Nandhini Hotels has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nandhini Hotels Private Limited, buy the company report.
Recent activity
Nandhini Hotels Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Mamatha Srinivas ceased to be Director on 01 Jul 2022.
15 earlier events are in the company report.
Frequently asked questions
Nandhini Hotels is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Nandhini Hotels is a company under insolvency, formerly operating as a 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 10 May 1991 and is registered under CIN U55209KA1991PTC011956. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nandhini Hotels has 3 current directors:
- Rupesh Anand - Director
- Dhanush Srinivas - Director
- Lakshmi Anand - Director
The latest financial statements of Nandhini Hotels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nandhini Hotels is U55209KA1991PTC011956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nandhini Hotels has open charges of ₹40 Cr and satisfied charges of ₹50.85 Cr as per latest MCA filings.
Nandhini Hotels has 18 court cases on record: 2 filed by the company and 16 filed against it. 2 are pending. Most are in the district courts.
Nandhini Hotels was incorporated on 10 May 1991. It is registered with the Registrar of Companies, Bangalore.
Mamatha Srinivas ceased to be Director on 01 Jul 2022. Dhanush Srinivas was appointed as Director on 30 Jun 2022. Narasimhiah Ananda ceased to be Director on 03 Nov 2020. Nandhini Hotels has 7 board changes on record in total.
Nandhini Hotels can be reached through the website nandhini.com. Its registered office is in Bangalore, Karnataka, India.
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