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
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.81 Cr
  • Company Age 57 Year, 11 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

Comprehensive Company Insights

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.

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Who are the key members and board of directors at Piem Hotels Limited?
Current Directors
Name Designation Appointment Date Status
Ninotchka Malkani Nagpal Director 30 Jun 1998 Current
Sudhir Lalchand Nagpal Managing Director 07 Dec 1989 Current
Hiroo Mirchandani Director 11 Nov 2021 Current
Rajendra Misra Director 20 Jan 2025 Current
Ankur Dalwani Director 01 Jul 2024 Current
Moiz Mohsin Miyajiwala Director 16 Nov 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Apr 2011 Past
Pramod Abcsdd Director 13 Mar 2015 Past
Pramod Abcsdd Managing Director 30 Sep 2017 Past
Pramod Abcsdd Additional Director 05 Aug 2016 Past
Pramod Abcsdd Director 09 Jan 2012 Past
Pramod Abcsdd Director 15 Oct 2016 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 89.34%
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Revenue from Operations
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 89.65%
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Total Assets
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 3.74%
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Profit or Loss
*******
 2414.02%
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Net Worth
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 7.37%
*******
*******
*******
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EBITDA
*******
 15396.07%
*******
*******
*******
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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
29 Oct 2021 Others ₹40.00 Cr Satisfied
06 Nov 2003 The Hongkong & Shanghai Banking Corporation ₹100.00 Cr Satisfied

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Piem Hotels
Recent Activity within the Organization
  • Annual General Meeting

    The activity Piem Hotels Limited last Annual general meeting of members was held on 15 Jul 2025 as per latest MCA records. was completed.

  • Director Appointment

    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 6 months 30 days . was recorded as a recent event.

  • 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 1 year 22 days . was documented.

  • Director Appointment

    Progress on Somenath Mukherjee was appointed as a Director was appointed as a Director on 20 Jan 2025 & has been associated with this company since 1 year 22 days . was documented.

  • 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 7 months . was documented.

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Frequently Asked Questions
What is the CIN of Piem Hotels Limited?

The CIN of Piem Hotels Limited is U55101MH1968PLC013960.

Where is Piem Hotels Limited headquartered?

Piem Hotels Limited is headquartered at Taj President90 Cuffe Parade, Mumbai, Maharashtra, 400005.

When was Piem Hotels Limited incorporated?

Piem Hotels Limited was incorporated on 13 March 1968.

Who are the current directors of Piem Hotels Limited?

The current directors of Piem Hotels Limited are

What is the primary industry of Piem Hotels Limited?

The primary industry of Piem Hotels Limited is Accommodation And Food Service.

Is Piem Hotels Limited a listed company?

Piem Hotels Limited is unlisted.

What is the capital structure of Piem Hotels Limited?

The authorized capital of Piem Hotels Limited is ₹5.00 Cr, and the paid-up capital is ₹3.81 Cr.

What is the compliance status of Piem Hotels Limited?

The compliance status of Piem Hotels Limited is Compliant.

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