Parag Hotels and Resorts P Ltd
About Parag Hotels and Resorts P Ltd
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Parag Hotels and Resorts P Ltd is a private limited company based in Mumabi, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 07 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55200MH1994PTC076461. Its GSTIN is 27AAACP3650J1ZE (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹26.9 Lakh. It is led by directors including Roshan Raghu Shetty and Raghu Lokaya 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 Paooillon Parknew Limk Rd Dhake Colony Andher (W), Mumabi, Maharashtra, India – 400054.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.74 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹67.68 Lakh (net margin 14.3%) and EBITDA of ₹1.76 Cr (EBITDA margin 37%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 15% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.64 Cr and satisfied charges of ₹11.05 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Parag Hotels and Resorts P Ltd's registered office is in Mumabi, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPaooillon Parknew Limk Rd Dhake Colony Andher (W), Mumabi, Maharashtra, India – 400054
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Parag Hotels and Resorts P Ltd, 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 Parag Hotels and Resorts P is accommodation and food service activities. In detail, this covers food and beverage service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of Parag Hotels and Resorts P Ltd, buy the company report.
Financials of Parag Hotels and Resorts P Ltd
FY 2025 filings availableParag Hotels and Resorts P Ltd reported revenue of ₹4.74 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 34% 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 | ₹1.76 Cr | ||||
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| Net Profit (PAT) | ₹67.68 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 37% | ||||
| Net Profit Margin | 14.3% | ||||
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To see the full financial statements and ratios of Parag Hotels and Resorts P Ltd, buy the company report.
Board of directors of Parag Hotels and Resorts P Ltd
Parag Hotels and Resorts P has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roshan Raghu Shetty | Director | 27 Mar 2017 | 9 Years 7 Months | Current |
| Raghu Lokaya Shetty | Director | 20 Feb 1999 | 27 Years 8 Months | Current |
| Harini Raghu Shetty | Director | 07 Feb 1994 | 32 Years 9 Months | Current |
Auditor
Parag Hotels and Resorts P Ltd is audited by Gothal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gothal & Co. | FY 2023 | 140314W |
Shareholding
The shareholding of Parag Hotels and Resorts P Ltd 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 Parag Hotels and Resorts P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2022 | 100652465 | Hdfc Bank Limited | ₹14.96 Lakh | Open | |
| 27 Apr 2021 | 100504174 | Others | ₹34.27 Lakh | Open | |
| 30 Mar 2017 | 100110191 | Others | ₹2.5 Cr | Open | |
| 27 Dec 2010 | 10267617 | Hdfc Bank Limited | ₹1.65 Cr | Open | |
| 11 Nov 2010 | 10256906 | The Bharat Co-Operative Bank (Mumbai) Limited | ₹5 Cr | Satisfied |
To see the full charge records of Parag Hotels and Resorts P Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
Parag Hotels and Resorts P Ltd has 6 court cases on record: 1 filed by Parag Hotels and Resorts P, 5 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 3 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Massive Restaurants Pvt Ltd Masala Library Restaurants | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Massive Restaurant Private Limited Masala Library Restourants | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LD) | Filed by the company against M/S. Gaalu Paalu Dream Entertainments and 2 others | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by Phonographic Performance Ltd | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Massive Restaurant Private Limited Masala Library Restourants | Disposed |
To see the full case history of Parag Hotels and Resorts P Ltd, 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 Parag Hotels and Resorts P Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parag Hotels and Resorts P has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP3650J1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parag Hotels and Resorts P Ltd, buy the company report.
Recent activity
Parag Hotels and Resorts P Ltd has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Roshan Raghu Shetty ceased to be Additional Director on 30 Sep 2017.
7 earlier events are in the company report.
Frequently asked questions
Parag Hotels and Resorts P is an active private limited company based in Mumabi, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 07 February 1994 (32+ years old) and is registered under CIN U55200MH1994PTC076461.
Parag Hotels and Resorts P has 3 current directors:
- Roshan Raghu Shetty - Director
- Raghu Lokaya Shetty - Director
- Harini Raghu Shetty - Director
The latest financial statements of Parag Hotels and Resorts P 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 Parag Hotels and Resorts P is 27AAACP3650J1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Parag Hotels and Resorts P is U55200MH1994PTC076461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parag Hotels and Resorts P has 6 court cases on record: 1 filed by the company and 5 filed against it. 4 are pending. Most are in the high courts.
Parag Hotels and Resorts P was incorporated on 07 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Roshan Raghu Shetty ceased to be Additional Director on 30 Sep 2017. Roshan Raghu Shetty was appointed as Director on 27 Mar 2017. Raghu Lokaya Shetty was appointed as Director on 20 Feb 1999. Parag Hotels and Resorts P has 4 board changes on record in total.
The registered office of Parag Hotels and Resorts P is at Paooillon Parknew Limk Rd Dhake Colony Andher W, Mumabi, Maharashtra, India – 400054.
Parag Hotels and Resorts P operates in the travel and hospitality industry, in the hotel and accommodation services segment.
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