Palette Hotels (India) Private Limited - Company Profile

It is a travel and hospitality private limited company based in Vasco Da Gama, Goa, India, established in 2008.
2008 Vasco Da Gama, Goa, India Active
Last Updated:
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About Palette Hotels (India) Private Limited

Palette Hotels (India) Private Limited, a active private limited company, was established on 12 July 2008 in Vasco Da Gama, Goa, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U55101GA2008PTC005831. Registered under ROC Roc Goa. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹15.00 Cr.

It upholds a compliant status. Its leadership includes Narayan Rajaram Bandekar (Director), Amit Narayan Bandekar (Whole-Time Director), Rajan Narayan Bandekar (Director). Past directors included Manda Narayan Bandekar, Amit Narayan Bandekar. It holds ₹20.88 Cr open charges and ₹20.08 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Of-601, 6Th Floor Dr. Ozler Forum, Near St Andrew'S Church, Vasco Da Gama, Goa, 403802.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U55101GA2008PTC005831

  • Registration Number

    005831

  • Incorporation Date

    12 July 2008

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹15.00 Cr

  • ROC Code

    Roc Goa

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 15.00 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 20.88 Cr
  • Satisfied Charges ₹ 20.08 Cr
  • Revenue Growth **** 81.34%
  • Profit Growth **** 85.84%
  • Ebitda **** 197.09%
  • Net Worth -0.95%
  • Total Assets -1.83%
Company report

Palette Hotels (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palette Hotels (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Palette Hotels (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Narayan Rajaram Bandekar Director 12 Jul 2008 Current
Amit Narayan Bandekar Whole-Time Director 12 Jul 2008 Current
Rajan Narayan Bandekar Director 12 Jul 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 13 Jan 2015 Past
Pramod Abcsdd Director 01 Apr 2009 Past

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Financial Performance of Palette Hotels (India).

Palette Hotels (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 81.34% increase. The company also saw a substantial improvement in profitability, with a 85.84% increase in profit. The company's net worth dipped by a decrease of 0.95%.

Palette Hotels (India) revenue growth over time
Palette Hotels (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 81.34%
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*******
*******
*******
Revenue from Operations
*******
 77.27%
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*******
*******
Total Assets
*******
 -1.83%
*******
*******
*******
*******
Profit or Loss
*******
 85.84%
*******
*******
*******
*******
Net Worth
*******
 -0.95%
*******
*******
*******
*******
EBITDA
*******
 197.09%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Palette Hotels (India)?

In 2023, Palette Hotels (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹208,755,011.00

Satisfied Charges

₹200,823,157.60

Charges Breakdown by Lending Institutions
  • Rajaram Bandekar (Sirigao) Mines Private Limited : 14.18 Cr
  • Others : 6.70 Cr
Latest Charge Details
Date Lender Amount Status
13 Aug 2025 Others ₹4.45 Cr Open
28 Jul 2025 Others ₹2.05 Cr Open
21 Dec 2020 Others ₹2.00 M Open
27 Dec 2011 Rajaram Bandekar (Sirigao) Mines Private Limited ₹14.18 Cr Open
29 Dec 2014 The Federal Bank Limited ₹10.00 Cr Satisfied

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How Many Employees Work at Palette Hotels (India)?

Unlock and access historical data on people associated with Palette Hotels (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palette Hotels (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Palette Hotels (India)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Palette Hotels (India)
Recent Activity within the Organization
  • Annual General Meeting

    The activity Palette Hotels (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 4.45 Cr with Charge ID 101147753 was registered on 13 Aug 2025. was completed.

  • Charges

    Progress on A charge with Others of Rs. 2.05 Cr registered on 28 Jul 2025 with Charge ID 101141416 was modified on 13 Aug 2025. was documented.

  • Charges

    The activity A charge registered on 29 Dec 2014 via Charge ID 10544778 with The Federal Bank Limited was fully satisfied on 01 Aug 2025. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 2.05 Cr with Charge ID 101141416 was registered on 28 Jul 2025. was completed.

  • Charges

    The activity A charge with Others of Rs. 0.20 Cr registered on 21 Dec 2020 with Charge ID 100404442 was modified on 16 May 2025. was completed.

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Frequently Asked Questions
What is the CIN of Palette Hotels (India) Private Limited?

The CIN of Palette Hotels (India) Private Limited is U55101GA2008PTC005831.

Where is Palette Hotels (India) Private Limited headquartered?

Palette Hotels (India) Private Limited is headquartered at Of-601, 6Th Floor Dr. Ozler Forum, Near St Andrew'S Church, Vasco Da Gama, Goa, 403802.

When was Palette Hotels (India) Private Limited incorporated?

Palette Hotels (India) Private Limited was incorporated on 12 July 2008.

Who are the current directors of Palette Hotels (India) Private Limited?

The current directors of Palette Hotels (India) Private Limited are

What is the primary industry of Palette Hotels (India) Private Limited?

The primary industry of Palette Hotels (India) Private Limited is Accommodation And Food Service.

Is Palette Hotels (India) Private Limited a listed company?

Palette Hotels (India) Private Limited is unlisted.

What is the capital structure of Palette Hotels (India) Private Limited?

The authorized capital of Palette Hotels (India) Private Limited is ₹15.00 Cr, and the paid-up capital is ₹15.00 Cr.

What is the compliance status of Palette Hotels (India) Private Limited?

The compliance status of Palette Hotels (India) Private Limited is Compliant.

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