- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-28-0000509

About Niki Resorts Private Limited
Data last updated:
Niki Resorts Private Limited is a private limited company based in Sambalpur, Odisha, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 31 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U55201OR2007PTC009454. Its GSTIN is 21AACCN5839P1Z3 (Odisha).
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹67.86 Lakh. It is led by directors Prasanta Kumar Bishwal and Swaraj Bhoi.
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 The Mandarin V S Marg Sakhipada, Sambalpur, Odisha, India – 768001.
As per the financials filed for FY 2024, the company reported a revenue of ₹11 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹2.13 Cr (net margin 19.3%) and EBITDA of ₹6.65 Cr (EBITDA margin 60.5%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹55.93 Cr and satisfied charges of ₹10.09 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending.
Niki Resorts Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-28-0000509). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hotelniiki.com.
Company details
Recognitions & Rankings of Niki Resorts
Contact details
Niki Resorts Private Limited's registered office is in Sambalpur, Odisha. Its website is hotelniiki.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressThe Mandarin V S Marg Sakhipada, Sambalpur, Odisha, India – 768001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Niki Resorts 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 Niki Resorts 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 Niki Resorts Private Limited, buy the company report.
Financials of Niki Resorts Private Limited
FY 2024 filings availableNiki Resorts Private Limited reported revenue of ₹11 Cr (up 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 34% growth in the latest year. EBITDA rose 68% 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 | ₹6.65 Cr | ||||
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| Net Profit (PAT) | ₹2.13 Cr | ||||
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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 | 60.5% | ||||
| Net Profit Margin | 19.3% | ||||
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To see the full financial statements and ratios of Niki Resorts Private Limited, buy the company report.
Board of directors of Niki Resorts Private Limited
Niki Resorts has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanta Kumar Bishwal | Director | 22 Oct 2015 | 11 Years 0 Months | Current |
| Swaraj Bhoi | Director | 30 Mar 2024 | 2 Years 6 Months | Current |
Peer comparison
Niki Resorts Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Services industry (Hotels, Resorts), 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 |
|---|---|---|---|---|---|---|
| Kiran Bawa Hotels Private Limited | ₹11.03 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Sawaria Hotels Pvt Ltd | ₹11.02 Cr (FY 2025) | 3.0% | Raipur, Chhattisgarh, India | |||
| Desert Friendly Camps Private Limited | ₹11.02 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Magic Landbase Private Limited | ₹11 Cr (FY 2023) | 56.0% | Jheol, Himachal Pradesh, India | |||
| Niki Resorts Private Limitedthis company | ₹11 Cr (FY 2024) | ₹2.13 Cr | 19.3% | 34.0% | Sambalpur, Odisha, India | |
| B Y Hotels & Resorts Private Limited | ₹11 Cr (FY 2025) | 28.0% | Jaipur, Rajasthan, India | |||
| Vijaya Hospitality and Resorts Limited | ₹10.99 Cr (FY 2025) | -8.0% | Vyttila, Kerala, India |
To see the full peer comparison of Niki Resorts Private Limited, buy the company report.
Auditor
Niki Resorts Private Limited is audited by ADARS & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADARS & CO. | FY 2023 | 0324629E |
Shareholding
The shareholding of Niki Resorts 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 Niki Resorts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101027606 | Axis Bank Limited | ₹9 Cr | Open | |
| 06 Dec 2021 | 100540485 | Others | ₹55 Lakh | Open | |
| 17 Aug 2021 | 100487342 | Axis Bank Limited | ₹1.2 Cr | Open | |
| 28 Apr 2021 | 100457664 | Others | ₹5.2 Cr | Open | |
| 07 Jul 2020 | 100354976 | Others | ₹55 Lakh | Open |
To see the full charge records of Niki Resorts Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Niki Resorts Private Limited has 5 court cases on record: 2 filed by Niki Resorts, 3 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sambalpur, Odisha | Court case (Com.Suit) | Filed against the company by Miraj Entertainment Limited | Pending |
| District court, Balangir, Odisha | Court case (2 (c)cc) | Filed against the company by State of Odisha | Pending |
| High Court, ORISSA | Writ petition | Filed by the company against State Pollution Control Board,Orissa and 2 others | Disposed |
| District court, Sambalpur, Orissa | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Niki Resorts 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.
Credit ratings & regulatory alerts
Niki Resorts Private Limited was last rated by Indiarating on 22 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 22 Jan 2020 |
To see the full credit ratings and regulatory alerts of Niki Resorts Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Niki Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Niki Resorts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCN5839P1Z3 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Niki Resorts Private Limited, buy the company report.
Recent activity
Niki Resorts Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Swaraj Bhoi was appointed as Director on 30 Mar 2024.
14 earlier events are in the company report.
Frequently asked questions
Niki Resorts is an active private limited company based in Sambalpur, Odisha, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 31 July 2007 (19+ years old) and is registered under CIN U55201OR2007PTC009454.
Niki Resorts has 2 current directors:
- Prasanta Kumar Bishwal - Director
- Swaraj Bhoi - Director
The latest financial statements of Niki Resorts 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 Niki Resorts is 21AACCN5839P1Z3, registered in Odisha.
The CIN (Corporate Identification Number) of Niki Resorts is U55201OR2007PTC009454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niki Resorts has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Niki Resorts was incorporated on 31 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Niki Resorts by revenue are Kiran Bawa Hotels Private Limited, Sawaria Hotels Pvt Ltd, Desert Friendly Camps Private Limited, Magic Landbase Private Limited, B Y Hotels & Resorts Private Limited and 1 more, all in the Consumer Services industry (Hotels, Resorts), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Swaraj Bhoi was appointed as Director on 30 Mar 2024. Swaraj Bhoi ceased to be Additional Director on 31 Mar 2023. Prasanta Kumar Bishwal ceased to be Managing Director on 22 Oct 2020. Niki Resorts has 9 board changes on record in total.
Yes, Niki Resorts is registered as a small enterprise under Udyam registration (number: UDYAM-OD-28-0000509).
Niki Resorts can be reached through the website hotelniiki.com. Its registered office is in Sambalpur, Odisha, India.