Piem Hotels Limited

Piem Hotels Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U55101MH1968PLC013960 Incorporated 13 March 1968 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company travel and hospitality
Data last updated
Revenue · Latest
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Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.81 Cr
Issued & subscribed
Open charges
None
Satisfied ₹140 Cr
Company age
58 yrs
Est. 1968
Employees · EPFO
668
Latest available

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 U55101MH1968PTC013960.

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.

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.

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.

Company Details of Piem Hotels Limited
CIN U55101MH1968PLC013960
Registration Number 013960
Incorporation Date 13 March 1968
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 July 2025
Date of Balance Sheet 31 March 2025
Parent Company The Indian Hotels Company Limited
Compliance Status Active Compliant
Key People
Sudhir Lalchand Nagpal Managing Director Rajesh Rajkumar Nagpal Managing Director Puneet Chhatwal Managing Director
Contact Details
  • Email
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  • Telephone
    **************
  • Website
    **************
  • Social Media
    **************
  • Registered Address
    Taj President90 Cuffe Parade, Mumbai, Maharashtra, India – 400005
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services
Company report
Piem Hotels Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Piem Hotels Limited in one report.

10-year financials Directors & ownership Charges & compliance

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
********* Accommodation and Food Service ********* Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. *********
********* Accommodation and Food Service ********* Food and beverage services provided by hotels, restaurants, caterers, etc. *********

Board of Directors of Piem Hotels Limited

Piem Hotels Limited is currently managed by 14 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.

Current Directors
Name Designation Appointment Date Tenure Status
Ninotchka Malkani Nagpal
Also directs: Ador Welding Limited, J B Advani And Company Private Limited, Ador Foundation
Director 30 Jun 1998 28 Years 0 Months Current
Sudhir Lalchand Nagpal
Also directs: Mpower Information Systems Private Limited, Northern India Hotelslimited, Taj Trade And Transport Company Limited
Managing Director 07 Dec 1989 36 Years 7 Months Current
Hiroo Mirchandani
Also directs: Crompton Greaves Consumer Electricals Limited
Director 11 Nov 2021 4 Years 7 Months Current
Rajendra Misra Director 20 Jan 2025 1 Years 5 Months Current
Ankur Dalwani
Also directs: Oriental Hotels Limited, The Indian Hotels Company Limited, Sparsh Infratech Private Limited and 1 more
Director 01 Jul 2024 2 Years 0 Months Current
Moiz Mohsin Miyajiwala
Also directs: Oriental Hotels Limited, Benares Hotels Limited, Sbi Funds Management Limited and 1 more
Director 16 Nov 2023 2 Years 7 Months Current
Showing 6 of 14 current directors. View all directors

Financials of Piem Hotels Limited FY 2025 filings available

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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Piem Hotels Limited

Open charges
₹0
Satisfied charges
₹140 Cr
Breakdown by lending institutions
The Hongkong & Shanghai Banking Corporation₹100.00 Cr
Others₹40.00 Cr
Latest charge details
DateLenderAmountStatus
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

View historical data on people associated with Piem Hotels Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Piem Hotels Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Piem Hotels Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Piem Hotels Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Piem Hotels Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Piem Hotels Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Piem Hotels Limited

MSME Payment Delays by Piem Hotels Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Piem Hotels Limited

Subsidiaries & Group Companies of Piem Hotels Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Piem Hotels Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Piem Hotels Limited

MCA Filings & Documents of Piem Hotels Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Piem Hotels Limited

Activity
15 Jul 2025
Piem Hotels Limited last Annual general meeting of members was held on 15 Jul 2025 as per latest MCA records.
Directors
15 Jul 2025
Parveen Chander Kumar was appointed as a Additional Director on 15 Jul 2025 & has been associated with this company since 11 months 25 days.
Activity
31 Mar 2025
Piem Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
20 Jan 2025
Rajendra Misra was appointed as a Director on 20 Jan 2025 & has been associated with this company since 1 year 5 months.
Directors
20 Jan 2025
Somenath Mukherjee was appointed as a Director on 20 Jan 2025 & has been associated with this company since 1 year 5 months.
Directors
01 Jul 2024
Ankur Dalwani was appointed as a Director on 01 Jul 2024 & has been associated with this company since 2 years 8 days.

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.

The current directors of Piem Hotels Limited are:

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.

The company has its registered office at Taj President90 Cuffe Parade, Mumbai, Maharashtra, India – 400005.

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