Piem Hotels Limited Company Logo

Piem Hotels Limited - Company Profile

It is a travel and hospitality public limited company based in Mumbai, Maharashtra, India, established in 1968.

1968 | Mumbai, Maharashtra, India | Active
Last Updated:

About Piem Hotels Limited

Piem Hotels Limited, a active public limited company, was established on 13 March 1968 in Mumbai, Maharashtra, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U55101MH1968PLC013960. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.81 Cr.

Formerly known as Piem Hotels Private Limited. It upholds a compliant status. Employing 668 professional, Its leadership includes Ninotchka Malkani Nagpal (Director), Sudhir Lalchand Nagpal (Managing Director), Hiroo Mirchandani (Director). Past directors included Sudhir Lalchand Nagpal, Deepa Misra Harris, Rakesh Kumar Sarna. It holds no open charges and ₹140.00 Cr settled loans. Its latest AGM occurred on 15 July 2025, with the balance sheet filed on 31 March 2025. It is based at Taj President90 Cuffe Parade, Mumbai, Maharashtra, 400005.

Company Details

  • CIN/LLPIN

    U55101MH1968PLC013960

  • Registration Number

    013960

  • Incorporation Date

    13 March 1968

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹3.81 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.81 Cr
  • Company Age 57 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 140.00 Cr
  • Revenue Growth 89.34%
  • Profit Growth 2414.02%
  • Ebitda 15396.07%
  • Net Worth 7.37%
  • Total Assets 3.74%
Company report

Piem Hotels Limited

Company Report FY 2025-2026

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

Access Report Banner Element

Who are the key members and board of directors at Piem Hotels Limited?

Current Directors

NameDesignationAppointment DateStatus
Ninotchka Malkani NagpalDirector30 Jun 1998Current
Sudhir Lalchand NagpalManaging Director07 Dec 1989Current
Hiroo MirchandaniDirector11 Nov 2021Current
Rajendra MisraDirector20 Jan 2025Current
Ankur DalwaniDirector01 Jul 2024Current
Moiz Mohsin MiyajiwalaDirector16 Nov 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Apr 2011Past
Pramod AbcsddDirector13 Mar 2015Past
Pramod AbcsddManaging Director30 Sep 2017Past
Pramod AbcsddAdditional Director05 Aug 2016Past
Pramod AbcsddDirector09 Jan 2012Past
Pramod AbcsddDirector15 Oct 2016Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Piem Hotels.

Piem Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.34% increase. The company also saw a substantial improvement in profitability, with a 2414.02% increase in profit. The company's net worth moved up by a moderate rise of 7.37%.

Piem Hotels revenue growth over time
Piem Hotels profit and loss trends over time
  • 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
89.34%
Revenue from Operations
89.65%
Total Assets
3.74%
Profit or Loss
2414.02%
Net Worth
7.37%
EBITDA
15396.07%

What is the Ownership and Shareholding Structure of Piem Hotels?

In 2023, Piem Hotels had a promoter holding of 91.96% and a public holding of 8.04%. The company had 1 Subsidiary and 6 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,400,000,000.00

Charges Breakdown by Lending Institutions

  • The Hongkong & Shanghai Banking Corporation : 100.00 Cr
  • Others : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2021Others₹40.00 CrSatisfied
06 Nov 2003The Hongkong & Shanghai Banking Corporation₹100.00 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Piem Hotels?

Piem Hotels has a workforce of 668 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Piem Hotels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Piem Hotels, 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 Piem Hotels'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.

Latest Updates, News, and FAQs on Piem Hotels

Recent Activity within the Organization

  • Annual General Meeting

    Piem Hotels Limited last Annual general meeting of members was held on 15 Jul 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Parveen Chander Kumar was appointed as a Additional Director was appointed as a Additional Director on 15 Jul 2025 & has been associated with this company since 4 months 12 days . was documented.

  • Balance Sheet

    The activity Piem Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    Progress on Rajendra Misra was appointed as a Director was appointed as a Director on 20 Jan 2025 & has been associated with this company since 10 months 4 days . was documented.

  • Director Appointment

    The activity Somenath Mukherjee was appointed as a Director was appointed as a Director on 20 Jan 2025 & has been associated with this company since 10 months 4 days . was completed.

  • Director Appointment

    Progress on Ankur Dalwani was appointed as a Director was appointed as a Director on 01 Jul 2024 & has been associated with this company since 1 year 4 months . was documented.

Frequently Asked Questions

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial