Niraaga Hotels Private Limited

Niraaga Hotels Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U55209MH2017PTC293904 Incorporated 17 April 2017 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company travel and hospitality MSME · Micro
Data last updated
Revenue · FY 2025
₹3.47 Cr
▲ 23% YoY
Net profit · FY 2025
₹22.47 Lakh
Net margin 6.5%
EBITDA · FY 2025
₹1.48 Cr
EBITDA margin 42.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹10.25 Cr
Satisfied ₹10.86 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
5
Provident fund records

About Niraaga Hotels Private Limited

Data last updated:

Niraaga Hotels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 17 April 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55209MH2017PTC293904. Its GSTIN is 27AAFCN5921K1Z7 (Maharashtra).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Ramesh Anthayya Shetty and Sujata Ramesh Shetty.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.47 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹22.47 Lakh (net margin 6.5%) and EBITDA of ₹1.48 Cr (EBITDA margin 42.6%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years.

The company has about 5 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Indus Inn. As per MCA filings, the company has open charges of ₹10.25 Cr and satisfied charges of ₹10.86 Cr on record.

Niraaga Hotels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0086745). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indusinn.com.

Company details

CIN U55209MH2017PTC293904
Registration Number 293904
Incorporation Date 17 April 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0086745

Recognitions & Rankings of Niraaga Hotels

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0086745

Contact details

Niraaga Hotels Private Limited's registered office is in Mumbai, Maharashtra. Its website is indusinn.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Flat No. C – 702 Golden Square Sundar Nagar, Kalina, Mumbai, Maharashtra, India – 400055
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Niraaga Hotels Private Limited, buy the company report.

Comprehensive company report
Niraaga Hotels Private Limited - one report that includes everything
  • 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
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Brands

Niraaga Hotels operates one associated brand: Indus Inn. Each brand links to its own profile.

BrandDescriptionWebsite
Hospitality services are offered through accommodation in Pune, with proximity to industrial areas and tourist attractions.indusinn.com

Business activity

The main business activity of Niraaga Hotels is accommodation and food service activities. In detail, this covers accommodation and food and beverage service activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food service activities55Accommodation
IAccommodation and Food service activities56Food and beverage service activities

To see the full business activity and turnover split of Niraaga Hotels Private Limited, buy the company report.

Financials of Niraaga Hotels Private Limited

FY 2025 filings available

Niraaga Hotels Private Limited reported revenue of ₹3.47 Cr (up 23% YoY) for FY 2025.

Revenue · FY 2025
₹3.47 Cr ▲ 23%
Net profit · FY 2025
₹22.47 Lakh margin 6.5%
EBITDA · FY 2025
₹1.48 Cr margin 42.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 77%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 86%

Revenue has grown at a compounded annual rate (CAGR) of 77% over three years, including 23% growth in the latest year. EBITDA fell 16% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.48 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹22.47 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin42.6%
Net Profit Margin6.5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Niraaga Hotels Private Limited, buy the company report.

Board of directors of Niraaga Hotels Private Limited

Niraaga Hotels has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramesh Anthayya ShettyDirector17 Apr 20179 Years 6 MonthsCurrent
Sujata Ramesh ShettyDirector17 Apr 20179 Years 6 MonthsCurrent

Peer comparison

Niraaga Hotels Private 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), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ud Hospitality Private Limited₹3.48 Cr (FY 2024)1.0%Bangalore, Karnataka, India
Tristar Hotels Private Limited₹3.47 Cr (FY 2025)1.0%Bangalore, Karnataka, India
Niraaga Hotels Private Limitedthis company₹3.47 Cr (FY 2025)₹22.47 Lakh6.5%23.0%Mumbai, Maharashtra, India
Sangameshwara Hospitality Services Private Limited₹3.46 Cr (FY 2025)635.0%Bangalore, Karnataka, India

To see the full peer comparison of Niraaga Hotels Private Limited, buy the company report.

Auditor

Niraaga Hotels Private Limited is audited by ASHOK SHETTY & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ASHOK SHETTY & COFY 2023117134W

Shareholding

The shareholding of Niraaga Hotels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Niraaga Hotels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.25 Cr
Satisfied charges
₹10.86 Cr
Breakdown by lending institutions
Others₹9.75 Cr
The Bharat Co-Operative Bank(Mumbai) Ltd₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Dec 2025101202724The Bharat Co-Operative Bank(Mumbai) Ltd₹50 LakhOpen
05 Jun 2024100938977Others₹1 CrOpen
17 Jul 2019100277032Others₹3.97 CrOpen
10 Apr 2019100277034Others₹4.78 CrOpen
14 Sep 2020100374543The Bharat Co-Operative Bank(Mumbai) Ltd₹30 LakhSatisfied

To see the full charge records of Niraaga Hotels Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Niraaga Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Niraaga Hotels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCN5921K1Z7MaharashtraActive26 Dec 2019

To see the full GST registrations and return filing status of Niraaga Hotels Private Limited, buy the company report.

Recent activity

Niraaga Hotels Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ramesh Anthayya Shetty was appointed as Director on 17 Apr 2017.

Charges
A charge with The Bharat Co-Operative Bank(Mumbai) Ltd amounted to Rs. 50.00 Lakh with Charge ID 101202724 was registered on 01 Dec 2025.
AGM
Niraaga Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Niraaga Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100938977 was registered on 05 Jun 2024.
Charges
A charge registered on 14 Sep 2020 via Charge ID 100374543 with The Bharat Co-Operative Bank(Mumbai) Ltd was fully satisfied on 02 May 2024.
Charges
A charge registered on 10 Apr 2019 via Charge ID 100258357 with Others was fully satisfied on 02 May 2024.
Charges
A charge with Others of Rs. 1,056.23 Lakh registered on 10 Apr 2019 with Charge ID 100258357 was modified on 06 Aug 2021.
Charges
A charge with The Bharat Co-Operative Bank(Mumbai) Ltd amounted to Rs. 30.00 Lakh with Charge ID 100374543 was registered on 14 Sep 2020.
Charges
A charge with Others amounted to Rs. 397.00 Lakh with Charge ID 100277032 was registered on 17 Jul 2019.
Charges
A charge with Others amounted to Rs. 478.00 Lakh with Charge ID 100277034 was registered on 10 Apr 2019.
Charges
A charge with Others amounted to Rs. 1,056.23 Lakh with Charge ID 100258357 was registered on 10 Apr 2019.
Appointed
Ramesh Anthayya Shetty was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Niraaga Hotels is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 17 April 2017 (9+ years old) and is registered under CIN U55209MH2017PTC293904.

Niraaga Hotels has 2 current directors:

The latest financial statements of Niraaga Hotels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Niraaga Hotels is 27AAFCN5921K1Z7, registered in Maharashtra.

The CIN (Corporate Identification Number) of Niraaga Hotels is U55209MH2017PTC293904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Niraaga Hotels was incorporated on 17 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Niraaga Hotels by revenue are Ud Hospitality Private Limited, Tristar Hotels Private Limited, Sangameshwara Hospitality Services Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation).

Ramesh Anthayya Shetty was appointed as Director on 17 Apr 2017. Sujata Ramesh Shetty was appointed as Director on 17 Apr 2017.

Yes, Niraaga Hotels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0086745).

Niraaga Hotels can be reached through the website indusinn.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Niraaga Hotels is at Flat No. C – 702 Golden Square Sundar Nagar, Kalina, Mumbai, Maharashtra, India – 400055.