
Prasad Heritage Projects Private Limited
About Prasad Heritage Projects Private Limited
Data last updated:
Prasad Heritage Projects Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 18 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U55201UP1999PTC024435. Its GSTIN is 05AACCP2288E1ZL (Uttarakhand).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Sidharth Prasad and Rahul Prasad.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6 Shahnajaf Road Lucknow, Uttar Pradesh, India – 226001.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.29 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹8.26 Cr (net margin 23.4%) and EBITDA of ₹13.71 Cr (EBITDA margin 38.8%). Revenue has grown at a compounded annual rate (CAGR) of 140% over three years and 37% over five years.
The company has about 90 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17 Cr and satisfied charges of ₹6.15 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 3 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2.29 Cr; the latest was in January 2017. Its 8 peer companies in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 3 larger and 5 smaller; the largest is Indra Hotels (Mysore) Private Limited with revenue of ₹35.51 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prasad Heritage Projects Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address6 Shahnajaf Road Lucknow, Uttar Pradesh, India – 226001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Prasad Heritage Projects Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Prasad Heritage Projects are accommodation and food service and professional, scientific and technical. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc., food and beverage services provided by hotels, restaurants, caterers, etc. and management consultancy activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | |
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Prasad Heritage Projects Private Limited, buy the company report.
Financials of Prasad Heritage Projects Private Limited
FY 2025 filings availablePrasad Heritage Projects Private Limited reported revenue of ₹35.29 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA fell 14% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.26 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.8% | ||||
| Net Profit Margin | 23.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Prasad Heritage Projects Private Limited, buy the company report.
Board of directors of Prasad Heritage Projects Private Limited
Prasad Heritage Projects has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sidharth Prasad Also directs: DCM Shriram Industries Limited, L H Sugar Factories Limited, Shrikar Pharmaceuticals Private Limited and 3 more | Director | 18 May 1999 | 27 Years 5 Months | Current |
| Rahul Prasad Also directs: L H Sugar Factories Limited, Shrikar Pharmaceuticals Private Limited, Shrikar Hotels Private Limited and 3 more | Director | 18 May 1999 | 27 Years 5 Months | Current |
| Arvind Prasad Also directs: L H Sugar Factories Limited, Gangaheritage Resorts Private Limited, Himalaya Wine Company Private Limited and 4 more | Director | 05 Jan 2008 | 18 Years 10 Months | Current |
| Mukund Prasad Also directs: Gangaheritage Resorts Private Limited, Himalaya Wine Company Private Limited, LSC Infratech Limited and 5 more | Director | 05 Jan 2008 | 18 Years 10 Months | Current |
Peer comparison
Prasad Heritage Projects Private Limited is compared with the 8 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indra Hotels (Mysore) Private Limited | ₹35.51 Cr (FY 2025) | 12.0% | Bangalore, Karnataka, India | |||
| Malwa Hospitality Private Limited | ₹35.49 Cr (FY 2025) | 7.0% | Indore, Madhya Pradesh, India | |||
| Aria Brew & Dine Private Limited | ₹35.44 Cr (FY 2019) | 56.0% | Bangalore, Karnataka, India | |||
| Prasad Heritage Projects Private Limitedthis company | ₹35.29 Cr (FY 2024) | ₹8.26 Cr | 23.4% | -1.0% | 90 | Lucknow, Uttar Pradesh, India |
| HBG Hotels Limited | ₹35.2 Cr (FY 2025) | 19.0% | Goa, India | |||
| Ashtvinayak Leisure Private Limited | ₹35.19 Cr (FY 2025) | 7.0% | Indore, Madhya Pradesh, India | |||
| J S K Hotels Private Limited | ₹35.14 Cr (FY 2024) | 6.0% | Jaipur, Rajasthan, India | |||
| Ksheer Sagar Developers Pvt Ltd | ₹35.1 Cr (FY 2025) | 9.0% | Jaipur, Rajasthan, India | |||
| Maharashtra Tourism Development Corporation Limited | ₹35.09 Cr (FY 2018) | -1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Prasad Heritage Projects Private Limited, buy the company report.
Auditor
Prasad Heritage Projects Private Limited is audited by P TANDON & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P TANDON & CO | FY 2021 | 003241C |
Shareholding
The shareholding of Prasad Heritage Projects Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Prasad Heritage Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 2020 | 100380145 | State Bank of India | ₹70 Lakh | Open | |
| 27 Oct 2018 | 100215839 | State Bank of India | ₹15.95 Cr | Open | |
| 01 Jun 2018 | 100182588 | Others | ₹35 Lakh | Open | |
| 19 Nov 2015 | 10606833 | Small Industries Development Bank of India | ₹42 Lakh | Satisfied | |
| 02 Nov 2011 | 10319583 | Small Industrial Development Bank of India | ₹40 Lakh | Satisfied |
To see the full charge records of Prasad Heritage Projects Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Prasad Heritage Projects Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2.29 Cr; the latest was in January 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Ivory Hotels Limited, 2 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹2.29 Cr | Investors: Leisure Hotel Limited, Ivory Hotels Limited, 2 individuals |
| Feb 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Prasad Heritage Projects Private Limited has 4 court cases on record: 4 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 3 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Magic Landbase Private Limited & Anr. | Disposed |
| High Court of Delhi | Court case (C.A.(COMM.IPD-TM)) | Filed against the company by Haveli Restaurants and Resorts Ltd | Pending |
To see the full case history of Prasad Heritage Projects Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prasad Heritage Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prasad Heritage Projects Private Limited has a workforce of 90 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Prasad Heritage Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AACCP2288E1ZL | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prasad Heritage Projects Private Limited, buy the company report.
Recent activity
Prasad Heritage Projects Private Limited has 5 board changes on record since 1999: 4 appointments and 1 cessation. The latest: Arvind Prasad was appointed as Director on 05 Jan 2008.
18 earlier events are in the company report.
Frequently asked questions
Prasad Heritage Projects is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 18 May 1999 (27+ years old) and is registered under CIN U55201UP1999PTC024435.
Prasad Heritage Projects has 4 current directors:
- Sidharth Prasad - Director
- Rahul Prasad - Director
- Arvind Prasad - Director
- Mukund Prasad - Director
The latest financial statements of Prasad Heritage Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Prasad Heritage Projects is 05AACCP2288E1ZL, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Prasad Heritage Projects is U55201UP1999PTC024435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prasad Heritage Projects has 4 court cases on record: 4 filed against it. 3 are pending.
Prasad Heritage Projects was incorporated on 18 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Prasad Heritage Projects has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2.29 Cr; the latest was in January 2017.
The peers of Prasad Heritage Projects by revenue are Indra Hotels (Mysore) Private Limited, Malwa Hospitality Private Limited, Aria Brew & Dine Private Limited, HBG Hotels Limited, Ashtvinayak Leisure Private Limited and 3 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Arvind Prasad was appointed as Director on 05 Jan 2008. Madhava Prasad ceased to be Director on 05 Jan 2008. Mukund Prasad was appointed as Director on 05 Jan 2008. Prasad Heritage Projects has 5 board changes on record in total.
The registered office of Prasad Heritage Projects is at 6 Shahnajaf Road Lucknow, Uttar Pradesh, India – 226001.

