- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0041848

About Onyx Hotels Private Limited
Data last updated:
Onyx 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 01 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55204MH2010PTC207351. Its GSTIN is 24AAICA7924J1ZI (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.28 Cr. It was formerly known as Abhyudayan Hotel and Real Estate Private Limited. It is led by directors including Shabnam Mansur Mehta and Mansur Abubaker Mehta.
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 B2 – 1004 10th Floor Marathon Innova Ganapatrao Kadam Marg Lower Parel (W), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.56 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Cr (net margin -15.1%) and EBITDA of ₹1.64 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 12% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹15.45 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 3 cases are pending. The company has 11 deals on record (7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹76.62 Cr; the latest was in February 2018. 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, 2 larger and 1 smaller; the largest is Hotel Gaudavan Private Limited with revenue of ₹10.58 Cr.
Onyx Hotels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0041848). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mrlgroup.com.
Company details
Recognitions & Rankings of Onyx Hotels
Contact details
Onyx Hotels Private Limited's registered office is in Mumbai, Maharashtra. Its website is mrlgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB2 – 1004 10th Floor Marathon Innova Ganapatrao Kadam Marg Lower Parel (W), Mumbai, Maharashtra, India – 400013
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Onyx 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 activity of Onyx 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 Onyx Hotels Private Limited, buy the company report.
Financials of Onyx Hotels Private Limited
FY 2024 filings availableOnyx Hotels Private Limited reported revenue of ₹10.56 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 2% 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 | ₹1.64 Cr | ||||
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| Net Profit (PAT) | -₹1.6 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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| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | -15.1% | ||||
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To see the full financial statements and ratios of Onyx Hotels Private Limited, buy the company report.
Board of directors of Onyx Hotels Private Limited
Onyx Hotels has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shabnam Mansur Mehta Also directs: Hotel Suba Palace Private Limited | Director | 01 Sep 2010 | 16 Years 1 Months | Current |
| Mansur Abubaker Mehta Also directs: Mehta Roadlines LLP, Suba Hospitality Private Limited, Hotel Suba Palace Private Limited and 3 more | Director | 01 Sep 2010 | 16 Years 1 Months | Current |
| Mubeen Mansur Mehta Also directs: Mehta Roadlines LLP, Suba Hospitality Private Limited, Hotel Suba Palace Private Limited and 4 more | Director | 01 Feb 2011 | 15 Years 8 Months | Current |
Peer comparison
Onyx 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 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 |
|---|---|---|---|---|---|---|
| Hotel Gaudavan Private Limited | ₹10.58 Cr (FY 2025) | 50.0% | Jaisalmer, Rajasthan, India | |||
| United Scientific Equipments Private Limited | ₹10.56 Cr (FY 2024) | 20.0% | Kolkata, West Bengal, India | |||
| Onyx Hotels Private Limitedthis company | ₹10.56 Cr (FY 2024) | -₹1.6 Cr | -15.1% | -11.0% | 46 | Mumbai, Maharashtra, India |
| Chocolate Hotels Private Limited | ₹10.54 Cr (FY 2017) | -9.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Onyx Hotels Private Limited, buy the company report.
Auditor
Onyx Hotels Private Limited is audited by M H DALAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M H DALAL & ASSOCIATES | FY 2022 | 112449W |
Shareholding
The shareholding of Onyx 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Onyx Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2022 | 100614995 | Others | ₹10 Cr | Satisfied | |
| 24 Jun 2022 | 100594346 | Others | ₹5.25 Cr | Satisfied | |
| 27 Aug 2014 | 10516580 | Hdfc Bank Limited | ₹20 Lakh | Satisfied |
To see the full charge records of Onyx Hotels Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Onyx Hotels Private Limited has 11 deals on record (7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹76.62 Cr; the latest was in February 2018.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Hotel Suba Palace Private Limited Seller: Suba Hotel Llc |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: Hotel Suba Palace Private Limited Seller: Suba Hotel Llc |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Hotel Suba Palace Private Limited Seller: Munshi Trading Co. |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Suba Hotel Llc Seller: Matrix Group Limited |
| Mar 2014 | Funding round | ₹14.79 Cr | Investors: Masa General Trading LLC, Munshi Trading Co. |
To see the full deal history of Onyx Hotels Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Onyx Hotels Private Limited has 4 court cases on record: 4 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Criminal miscellaneous application | Filed against the company | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
To see the full case history of Onyx 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 Onyx Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Onyx Hotels Private Limited has a workforce of 46 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Onyx Hotels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICA7924J1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Onyx Hotels Private Limited, buy the company report.
Recent activity
Onyx Hotels Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Deepika Jain ceased to be Company Secretary on 22 Nov 2019.
2 earlier events are in the company report.
Frequently asked questions
Onyx 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 01 September 2010 (16+ years old) and is registered under CIN U55204MH2010PTC207351.
Onyx Hotels has 3 current directors:
- Shabnam Mansur Mehta - Director
- Mansur Abubaker Mehta - Director
- Mubeen Mansur Mehta - Director
The latest financial statements of Onyx Hotels 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 Onyx Hotels is 24AAICA7924J1ZI, registered in Gujarat. 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 Onyx Hotels is U55204MH2010PTC207351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Onyx Hotels has 4 court cases on record: 4 filed against it. 3 are pending. Most are in the district courts.
Onyx Hotels was incorporated on 01 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Onyx Hotels has 11 deals on record (7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹76.62 Cr; the latest was in February 2018.
The peers of Onyx Hotels by revenue are Hotel Gaudavan Private Limited, United Scientific Equipments Private Limited, Chocolate Hotels Private 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.).
Deepika Jain ceased to be Company Secretary on 22 Nov 2019. Mubeen Mansur Mehta ceased to be Additional Director on 30 Sep 2011. Mubeen Mansur Mehta was appointed as Director on 01 Feb 2011. Onyx Hotels has 5 board changes on record in total.
Yes, Onyx Hotels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0041848).