MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-AP-09-0002508
Picket & Bhaskar Hotels Private Limited
Picket & Bhaskar Hotels Private Limited - travel and hospitality in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹1.11 Cr
Latest filing
Net profit · FY 2019
₹7,772
Net margin 0.1%
EBITDA · FY 2019
₹6.03 Lakh
EBITDA margin 5.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.25 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Picket & Bhaskar Hotels Private Limited
Data last updated:
Picket & Bhaskar Hotels Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 16 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U55209AP2017PTC105839. Its GSTIN is 37AAJCP1884B2ZC (Andhra Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Bhaskar Rao Behara and Deepak Saroj Pedada.
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 39 – 27 – 40/10/18 Vuda Colony Madhavadhara, Visakhapatnam, Andhra Pradesh, India – 530007.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.11 Cr. For the same year it recorded a net profit of ₹7,772 (net margin 0.1%) and EBITDA of ₹6.03 Lakh (EBITDA margin 5.4%).
As per MCA filings, the company has open charges of ₹1.25 Cr on record.
Picket & Bhaskar Hotels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-09-0002508). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company Details of Picket & Bhaskar Hotels Private Limited
CIN U55209AP2017PTC105839
Registration Number 105839
Incorporation Date 16 May 2017
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-AP-09-0002508
Key People
Bhaskar Rao Behara Director Deepak Saroj Pedada Director Satya Surya Srinivasa Rao Banala Director Recognitions & Rankings of Picket & Bhaskar Hotels
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address39 – 27 – 40/10/18 Vuda Colony Madhavadhara, Visakhapatnam, Andhra Pradesh, India – 530007
- IndustryTravel and Hospitality, Hotel & Accommodation Services
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Business Activity of Picket & Bhaskar Hotels Private Limited
The main business activity of Picket & Bhaskar Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Picket & Bhaskar Hotels Private Limited FY 2024 filings available
Picket & Bhaskar Hotels Private Limited reported revenue of ₹1.11 Cr for FY 2019.
Revenue · FY 2019
₹1.11 Cr
Net profit · FY 2019
₹7,772 margin 0.1%
EBITDA · FY 2019
₹6.03 Lakh margin 5.4%
Financial Statement Summary of Picket & Bhaskar Hotels Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.11 Cr | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹6.03 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹7,772 | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Picket & Bhaskar Hotels Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.4% | •••• |
| Net Profit Margin | 0.1% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Picket & Bhaskar Hotels are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Picket & Bhaskar Hotels Private Limited
Picket & Bhaskar Hotels has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaskar Rao Behara Also directs: Picket Consortium Private Limited | Director | 16 May 2017 | 9 Years 5 Months | Current |
| Deepak Saroj Pedada | Director | 23 Mar 2023 | 3 Years 6 Months | Current |
| Satya Surya Srinivasa Rao Banala | Director | 01 Jan 2024 | 2 Years 9 Months | Current |
Peer Comparison of Picket & Bhaskar Hotels Private Limited
Picket & Bhaskar Hotels Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Destinn Hospitality Private Limited | ₹1.12 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Madikeri, Karnataka, India |
| Kaustubh Hotels Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Nagpal Resorts Private Limited | ₹1.11 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Punjab, India |
| Dewan Tourism Limited | ₹1.11 Cr (FY 2019) | •••• | •••• | •••• | Uttar Pradesh, India | |
| BCG Hospitality Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Palarivattom, Kerala, India |
| Picket & Bhaskar Hotels Private Limited this company | ₹1.11 Cr (FY 2019) | •••• | •••• | •••• | Visakhapatnam, Andhra Pradesh, India | |
| Saigopi Resorts Pvt Ltd | ₹1.11 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Aipl Hospitality Services Private Limited | ₹1.11 Cr (FY 2024) | •••• | •••• | 121.0% | •••• | New Delhi, Delhi, India |
| Brijsri Hotel Developers Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Lohapatti Bhagalpur, Bihar, India |
| Landmark Spa & Leisures Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 246.0% | •••• | Ernakulam, Kerala, India |
| Sea Queen Resorts Pvt Ltd | ₹1.11 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Picket & Bhaskar Hotels by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Picket & Bhaskar Hotels Private Limited
Picket & Bhaskar Hotels Private Limited is audited by SASTHA SWAROOP AND CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SASTHA SWAROOP AND CO | Locked | Locked | Locked |
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Ownership and Shareholding of Picket & Bhaskar Hotels Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Picket & Bhaskar Hotels Private Limited
Open charges
₹1.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2024 | Bank of India | ₹1.25 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Picket & Bhaskar Hotels Private Limited
Employment history and EPFO contributions of people linked to Picket & Bhaskar Hotels.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Picket & Bhaskar Hotels Private Limited
Picket & Bhaskar Hotels Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Satya Surya Srinivasa Rao Banala ceased to be Additional Director on 29 Sep 2024.
AGM
Picket & Bhaskar Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Satya Surya Srinivasa Rao Banala ceased to be Additional Director.
Charges
A charge with Bank Of India amounted to Rs. 125.00 Lakh with Charge ID 101009326 was registered on 26 Sep 2024.
Filing
Picket & Bhaskar Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Appointed
Satya Surya Srinivasa Rao Banala was appointed as Director.
Ceased
Pedada Narasinga Rao ceased to be Director.
Appointed
Deepak Saroj Pedada was appointed as Director.
Appointed
Bhaskar Rao Behara was appointed as Director.
Incorporation
16 May 2017
Picket & Bhaskar Hotels Private Limited was registered on 16 May 2017 with Roc Vijayawada & aged 9 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Picket & Bhaskar Hotels Private Limited
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MSME Payment Delays by Picket & Bhaskar Hotels Private Limited
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Subsidiaries & Group Companies of Picket & Bhaskar Hotels Private Limited
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GST Compliance of Picket & Bhaskar Hotels Private Limited
Picket & Bhaskar Hotels has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAJCP1884B2ZC | Andhra Pradesh | Active | 23 Mar 2018 |
| 37AAJCP1884B1ZD | Andhra Pradesh | Active | 28 Mar 2018 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Picket & Bhaskar Hotels Private Limited
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Frequently Asked Questions about Picket & Bhaskar Hotels Private Limited
Picket & Bhaskar Hotels is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 16 May 2017 (9+ years old) and is registered under CIN U55209AP2017PTC105839.
Picket & Bhaskar Hotels reported revenue of ₹1.11 Cr for FY 2019.
Picket & Bhaskar Hotels has 3 current directors:
- Bhaskar Rao Behara - Director
- Deepak Saroj Pedada - Director
- Satya Surya Srinivasa Rao Banala - Director
Picket & Bhaskar Hotels reported a net profit of ₹7,772 (net margin 0.1%) and EBITDA of ₹6.03 Lakh (EBITDA margin 5.4%) for FY 2019, as per its filed financial statements.
The GSTIN of Picket & Bhaskar Hotels is 37AAJCP1884B2ZC, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAJCP1884B1ZD (Andhra Pradesh).
The CIN (Corporate Identification Number) of Picket & Bhaskar Hotels is U55209AP2017PTC105839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Picket & Bhaskar Hotels was incorporated on 16 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Picket & Bhaskar Hotels by revenue are Destinn Hospitality Private Limited, Kaustubh Hotels Private Limited, Nagpal Resorts Private Limited, Dewan Tourism Limited, BCG Hospitality Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Satya Surya Srinivasa Rao Banala ceased to be Additional Director on 29 Sep 2024. Satya Surya Srinivasa Rao Banala was appointed as Director on 01 Jan 2024. Pedada Narasinga Rao ceased to be Director on 31 Mar 2023. Picket & Bhaskar Hotels has 5 board changes on record in total.
Yes, Picket & Bhaskar Hotels is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-09-0002508).
The registered office of Picket & Bhaskar Hotels is at 39 – 27 – 401018 Vuda Colony Madhavadhara, Visakhapatnam, Andhra Pradesh, India – 530007.