MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0002413
Palz Hospitality Private Limited
Palz Hospitality Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.33 Cr
▼ 23% YoY
Net loss · FY 2024
₹21.78 Lakh
Net margin -9.3%
EBITDA · FY 2024
-₹5.26 Lakh
EBITDA margin -2.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Satisfied charges
₹1.54 Cr
No open charges
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Palz Hospitality Private Limited
Data last updated:
Palz Hospitality Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 31 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55209KA2012PTC067457. Its GSTIN is 29AAGCP9560K1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Bikkarnakatta Prabhakara and Pallavi Karkera.
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 722 Ground Floor 16th 'A' Main Road 'A' Sector Newtown Yelahanka, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.33 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹21.78 Lakh (net margin -9.3%) and EBITDA of -₹5.26 Lakh (EBITDA margin -2.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹1.54 Cr on record.
Palz Hospitality Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0002413). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U55209KA2012PTC067457
Registration Number 067457
Incorporation Date 31 December 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0002413
Recognitions & Rankings of Palz Hospitality
Contact details
Palz Hospitality Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address722 Ground Floor 16th 'A' Main Road 'A' Sector Newtown Yelahanka, Bangalore, Karnataka, India – 560064
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Palz Hospitality Private Limited, buy the company report.
Comprehensive company report
Palz Hospitality 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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Business activity
The main business activity of Palz Hospitality is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| 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 Palz Hospitality Private Limited, buy the company report.
Financials of Palz Hospitality Private Limited
FY 2025 filings availablePalz Hospitality Private Limited reported revenue of ₹2.33 Cr (down 23% YoY) for FY 2024.
Revenue · FY 2024
₹2.33 Cr ▼ 23%
Net loss · FY 2024
₹21.78 Lakh margin -9.3%
EBITDA · FY 2024
-₹5.26 Lakh margin -2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 9%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 124%
3 years · compounded
▼ 32%
5 years · compounded
▼ 20%
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 124% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | -₹5.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.78 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.3% | ||||
| Net Profit Margin | -9.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Palz Hospitality Private Limited, buy the company report.
Board of directors of Palz Hospitality Private Limited
Palz Hospitality has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bikkarnakatta Prabhakara | Director | 31 Dec 2012 | 13 Years 10 Months | Current |
| Pallavi Karkera Also directs: Healthium Medtech Limited | Director | 14 Dec 2022 | 3 Years 10 Months | Current |
Shareholding
The shareholding of Palz Hospitality Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Palz Hospitality Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.54 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2022 | 100661295 | Others | ₹70 Lakh | Satisfied | |
| 02 Apr 2019 | 100251816 | Others | ₹34 Lakh | Satisfied | |
| 20 Aug 2013 | 10447796 | Vijaya Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Palz Hospitality Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Palz Hospitality 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 Palz Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palz Hospitality has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCP9560K1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palz Hospitality Private Limited, buy the company report.
Recent activity
Palz Hospitality Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Pallavi Karkera was appointed as Director on 14 Dec 2022.
AGM
Palz Hospitality Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Palz Hospitality Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 15 Dec 2022 via Charge ID 100661295 with Others was fully satisfied on 26 Nov 2024.
Charges
A charge registered on 02 Apr 2019 via Charge ID 100251816 with Others was fully satisfied on 22 Apr 2024.
Charges
A charge with Others amounted to Rs. 70.00 Lakh with Charge ID 100661295 was registered on 15 Dec 2022.
Appointed
Pallavi Karkera was appointed as Director.
Ceased
Kumar Kiran ceased to be Additional Director.
Ceased
Pallavi Karkera ceased to be Director.
Charges
A charge registered on 20 Aug 2013 via Charge ID 10447796 with Vijaya Bank was fully satisfied on 02 Feb 2021.
Charges
A charge with Others amounted to Rs. 34.00 Lakh with Charge ID 100251816 was registered on 02 Apr 2019.
Ceased
Meera ceased to be Director.
Charges
A charge with Vijaya Bank of Rs. 50.00 Lakh registered on 20 Aug 2013 with Charge ID 10447796 was modified on 19 Sep 2014.
3 earlier events are in the company report.
Frequently asked questions
Palz Hospitality is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 31 December 2012 (14+ years old) and is registered under CIN U55209KA2012PTC067457.
Palz Hospitality has 2 current directors:
- Bikkarnakatta Prabhakara - Director
- Pallavi Karkera - Director
The latest financial statements of Palz Hospitality 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 2015 are in the company report.
The GSTIN of Palz Hospitality is 29AAGCP9560K1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Palz Hospitality is U55209KA2012PTC067457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palz Hospitality was incorporated on 31 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Pallavi Karkera was appointed as Director on 14 Dec 2022. Kumar Kiran ceased to be Additional Director on 30 Nov 2021. Pallavi Karkera ceased to be Director on 10 Jun 2021. Palz Hospitality has 5 board changes on record in total.
Yes, Palz Hospitality is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0002413).
The registered office of Palz Hospitality is at 722 Ground Floor 16th A Main Road A Sector Newtown Yelahanka, Bangalore, Karnataka, India – 560064.
Palz Hospitality operates in the travel and hospitality industry, in the hotel and accommodation services segment.
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