Piem Hotels Limited
About Piem Hotels Limited
Data last updated: 17 December 2025
Piem Hotels Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of The Indian Hotels Company Limited. It specialises in hotel and accommodation services, a part of the broader travel and hospitality sector. Incorporated on 13 March 1968, the company has been in operation for over 58 years.
Registered with ROC Mumbai under CIN U55101MH1968PLC013960.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.81 Cr. Formerly known as Piem Hotels Private Limited. It is led by directors including Ninotchka Malkani Nagpal and Sudhir Lalchand Nagpal.
Last AGM: 15 July 2025. Financial statements filed for year ended 31 March 2025. Office: Taj President90 Cuffe Parade, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2023, the company reported a revenue of ₹504.16 Cr, a growth of 89.34% compared to the previous year.
The company has a workforce of approximately 668 employees as per the latest available data. It operates as a subsidiary of The Indian Hotels Company Limited. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹140 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered AddressTaj President90 Cuffe Parade, Mumbai, Maharashtra, India – 400005
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IndustryTravel and Hospitality, Hotel & Accommodation Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Piem Hotels Limited
Piem Hotels Limited has one previous CIN (Corporate Identification Number): U55101MH1968PTC013960. The current CIN is U55101MH1968PLC013960, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101MH1968PLC013960 | Current |
| U55101MH1968PTC013960 | Previous |
Business Activity of Piem Hotels Limited
Piem Hotels Limited operates primarily in the accommodation and food service sector. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Accommodation and Food Service | Locked | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
| Locked | Accommodation and Food Service | Locked | Food and beverage services provided by hotels, restaurants, caterers, etc. | Locked |
Detailed business activity records for Piem Hotels Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Piem Hotels Limited
Piem Hotels Limited is audited by B S R & Co. LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | Locked | Locked | Locked |
Complete auditor history for Piem Hotels Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Piem Hotels Limited
Piem Hotels Limited is currently managed by 13 directors, with 33 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Ninotchka Malkani Nagpal
Also directs:
Piem Hotels Limited, Ador Welding Limited, J B Advani And Company Private Limited and 1 more
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Director | 30 Jun 1998 | 28 Years 1 Months | Current |
|
Sudhir Lalchand Nagpal
Also directs:
Piem Hotels Limited, Mpower Information Systems Private Limited, Northern India Hotelslimited and 1 more
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Managing Director | 07 Dec 1989 | 36 Years 8 Months | Current |
| Hiroo Mirchandani | Director | 11 Nov 2021 | 4 Years 9 Months | Current |
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Rajendra Misra
Also directs:
Piem Hotels Limited, Benares Hotels Limited
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Director | 20 Jan 2025 | 1 Years 7 Months | Current |
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Ankur Dalwani
Also directs:
Piem Hotels Limited, Oriental Hotels Limited, Sparsh Infratech Private Limited and 1 more
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Director | 01 Jul 2024 | 2 Years 1 Months | Current |
| Moiz Mohsin Miyajiwala | Director | 16 Nov 2023 | 2 Years 9 Months | Current |
Financials of Piem Hotels Limited FY 2025 filings available
Piem Hotels Limited reported revenue of ₹504.16 Cr (up 89.34% YoY) for FY 2023.
Ten-year financial statements for Piem Hotels Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Piem Hotels Limited
Shareholding and ownership data for Piem Hotels Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Piem Hotels Limited
Piem Hotels Limited has 1 subsidiary company and 6 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects Piem Hotels Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Northern India Hotels Limited | U55101UP1971PLC003838 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Piem Hotels Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2021 | Others | ₹40 Cr | Satisfied |
| 06 Nov 2003 | The Hongkong & Shanghai Banking Corporation | ₹100 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Piem Hotels Limited
Piem Hotels Limited has a workforce of 668 employees as of Apr 05, 2024.
Employee and EPFO history for Piem Hotels Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Piem Hotels Limited
GST registrations and filing compliance for Piem Hotels Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Piem Hotels Limited
Credit ratings, litigation, and regulatory alerts for Piem Hotels Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Piem Hotels Limited
MSME payment history for Piem Hotels Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Piem Hotels Limited
Corporate group structure for Piem Hotels Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Piem Hotels Limited
MCA filings and documents for Piem Hotels Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Piem Hotels Limited
Frequently Asked Questions about Piem Hotels Limited
Piem Hotels Limited is an active public limited company in the travel and hospitality sector based in Mumbai, Maharashtra, India. It was incorporated on 13 March 1968 (58+ years old) and is registered under CIN U55101MH1968PLC013960. The company has 668 employees.
Piem Hotels Limited reported revenue of ₹504.16 Cr for FY 2023 (up 89.34% YoY).
The current directors of Piem Hotels Limited are:
- Ninotchka Malkani Nagpal - Director
- Sudhir Lalchand Nagpal - Managing Director
- Hiroo Mirchandani - Director
- Rajendra Misra - Director
- Ankur Dalwani - Director
- Moiz Mohsin Miyajiwala - Director
- Somenath Mukherjee - Director
- Suma Venkatesh - Director
- Rajkumar Menghraj Nagpal - Whole-Time Director
- Beryl Joseph Fernandes - Director
- Rajesh Rajkumar Nagpal - Managing Director
- Puneet Chhatwal - Managing Director
- Parveen Chander Kumar - Additional Director
The primary industry of Piem Hotels Limited is travel and hospitality. The company specifically operates in hotel and accommodation services. The company is currently active in this sector.
Piem Hotels Limited can be reached at the registered office: Taj President90 Cuffe Parade, Mumbai, Maharashtra, India – 400005.
The authorised capital is ₹5 Cr, and the paid-up capital is ₹3.81 Cr.