- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-16-0002126

About Nirwana Hotels and Resorts Private Limited
Data last updated:
Nirwana Hotels and Resorts Private Limited is a private limited company based in Hassan, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 30 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2004PTC035356. Its GSTIN is 29AAACN3800G1ZR (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Kotekunja Ravindra Alva (Managing Director) and Prajay Alva Kotekunja (Whole-Time Director).
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. 3571/2 Handinkere Villagej.H.Kere Post Belur Road Hassan District – 573217, Karnataka, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.34 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹58.01 Lakh (net margin 5.6%) and EBITDA of ₹4.58 Cr (EBITDA margin 44.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹33.71 Cr and satisfied charges of ₹2.99 Cr on record.
Nirwana Hotels and Resorts Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-16-0002126). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hoysalavillageresorts.com.
Company details
Recognitions & Rankings of Nirwana Hotels and Resorts
Contact details
Nirwana Hotels and Resorts Private Limited's registered office is in Hassan, Karnataka. Its website is hoysalavillageresorts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 3571/2 Handinkere Villagej.H.Kere Post Belur Road Hassan District – 573217, Karnataka, India
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Nirwana Hotels and 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
Financials of Nirwana Hotels and Resorts Private Limited
FY 2024 filings availableNirwana Hotels and Resorts Private Limited reported revenue of ₹10.34 Cr (up 66% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 66% growth in the latest year. EBITDA rose 235% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹10.34 Cr | ||||
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| EBITDA | ₹4.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58.01 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.3% | ||||
| Net Profit Margin | 5.6% | ||||
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To see the full financial statements and ratios of Nirwana Hotels and Resorts Private Limited, buy the company report.
Board of directors of Nirwana Hotels and Resorts Private Limited
Nirwana Hotels and Resorts has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyothi Ravindra Alva | Director | 14 Apr 2009 | 17 Years 6 Months | Current |
| Meramajal Mahesh Chouta | Director | 30 Dec 2004 | 21 Years 10 Months | Current |
| Prajay Alva Kotekunja | Whole-Time Director | 25 Mar 2019 | 7 Years 7 Months | Current |
| Kotekunja Ravindra Alva | Managing Director | 10 Feb 2011 | 15 Years 8 Months | Current |
Auditor
Nirwana Hotels and Resorts Private Limited is audited by Somayajulu & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Somayajulu & Associates | FY 2023 | 010629S |
Shareholding
The shareholding of Nirwana Hotels and 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 Nirwana Hotels and Resorts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2024 | 100973291 | Others | ₹10 Cr | Open | |
| 30 Aug 2024 | 100973293 | Others | ₹3 Cr | Open | |
| 09 Jun 2020 | 100377271 | Others | ₹4 Cr | Open | |
| 30 Aug 2019 | 100295801 | Others | ₹5.42 Lakh | Open | |
| 13 Jun 2018 | 100231430 | Others | ₹7.99 Lakh | Open |
To see the full charge records of Nirwana Hotels and Resorts Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Nirwana Hotels and Resorts Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nirwana Hotels and Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nirwana Hotels and Resorts Private Limited has a workforce of 12 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Nirwana Hotels and Resorts has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACN3800G1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nirwana Hotels and Resorts Private Limited, buy the company report.
Recent activity
Nirwana Hotels and Resorts Private Limited has 9 board changes on record since 2004: 4 appointments and 5 cessations. The latest: Champa Chowta ceased to be Director on 01 Mar 2020.
20 earlier events are in the company report.
Frequently asked questions
Nirwana Hotels and Resorts is an active private limited company based in Hassan, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 30 December 2004 (22+ years old) and is registered under CIN U55101KA2004PTC035356.
Nirwana Hotels and Resorts has 4 current directors:
- Kotekunja Ravindra Alva - Managing Director
- Prajay Alva Kotekunja - Whole-Time Director
- Jyothi Ravindra Alva - Director
- Meramajal Mahesh Chouta - Director
The latest financial statements of Nirwana Hotels and Resorts 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 Nirwana Hotels and Resorts is 29AAACN3800G1ZR, registered in Karnataka. 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 Nirwana Hotels and Resorts is U55101KA2004PTC035356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirwana Hotels and Resorts was incorporated on 30 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Champa Chowta ceased to be Director on 01 Mar 2020. Prajay Alva Kotekunja was appointed as Whole-Time Director on 25 Mar 2019. Prajay Alva Kotekunja ceased to be Additional Director on 25 Mar 2019. Nirwana Hotels and Resorts has 9 board changes on record in total.
Yes, Nirwana Hotels and Resorts is registered as a small enterprise under Udyam registration (number: UDYAM-KR-16-0002126).
Nirwana Hotels and Resorts can be reached through the website hoysalavillageresorts.com. Its registered office is in Hassan, Karnataka, India.
The registered office of Nirwana Hotels and Resorts is at No. 35712 Handinkere Villagej.H.Kere Post Belur Road Hassan District – 573217, Karnataka, India.

