Prime Serviced Apartments Private Limited
About Prime Serviced Apartments Private Limited
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Prime Serviced Apartments Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the guest houses and budget stays segment of the travel and hospitality sector. It was incorporated on 28 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55209MH2012PTC228845. Its GSTIN is 27AAGCP5950R1ZL (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Aslam Mohammed Hudewale and Vinay Pandit Pawar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Ascot Building Flat 1102 Raheja Garden Lbs Marg, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.49 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹2.05 Lakh (net margin -1.4%) and EBITDA of -₹28,461 (EBITDA margin -0.2%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prime Serviced Apartments Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAscot Building Flat 1102 Raheja Garden Lbs Marg, Thane, Maharashtra, India – 400604
- IndustryTravel and Hospitality, Guest Houses & Budget Stays
To see the full contact details of Prime Serviced Apartments 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 activity of Prime Serviced Apartments is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| 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. |
To see the full business activity and turnover split of Prime Serviced Apartments Private Limited, buy the company report.
Financials of Prime Serviced Apartments Private Limited
FY 2020 filings availablePrime Serviced Apartments Private Limited reported revenue of ₹1.49 Cr (down 5% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 5% fall in the latest year. EBITDA fell 105% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.49 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹28,461 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.05 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | -1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Prime Serviced Apartments Private Limited, buy the company report.
Board of directors of Prime Serviced Apartments Private Limited
Prime Serviced Apartments has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aslam Mohammed Hudewale | Director | 01 Apr 2012 | 14 Years 7 Months | Current |
| Vinay Pandit Pawar | Director | 01 Apr 2012 | 14 Years 7 Months | Current |
Peer comparison
Prime Serviced Apartments Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Guest Houses), 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 |
|---|---|---|---|---|---|---|
| Hotel Rhino Pvt Ltd | ₹1.62 Cr (FY 2024) | -21.0% | Kolkata, West Bengal, India | |||
| Absolute Homes Private Limited | ₹1.58 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Capricorn Highrise Private Limited | ₹1.49 Cr (FY 2025) | -75.0% | Kolkata, West Bengal, India | |||
| Prime Serviced Apartments Private Limitedthis company | ₹1.49 Cr (FY 2020) | -₹2.05 Lakh | -1.4% | -5.0% | Thane, Maharashtra, India | |
| Stops Hospitality Private Limited | ₹1.4 Cr (FY 2021) | -61.0% | New Delhi, Delhi, India | |||
| Nada Brahma Ventures Private Limited | ₹1.39 Cr (FY 2025) | 15.0% | Canacona, Goa, India |
To see the full peer comparison of Prime Serviced Apartments Private Limited, buy the company report.
Auditor
Prime Serviced Apartments Private Limited is audited by B S M & CO LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S M & CO LLP | FY 2019 | 111836W |
Shareholding
The shareholding of Prime Serviced Apartments Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prime Serviced Apartments Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prime Serviced Apartments Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prime Serviced Apartments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prime Serviced Apartments has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP5950R1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prime Serviced Apartments Private Limited, buy the company report.
Recent activity
Prime Serviced Apartments Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Prashant Babasaheb Wasade ceased to be Director on 31 Dec 2019.
Frequently asked questions
Prime Serviced Apartments is an active private limited company based in Thane, Maharashtra, India. The company works in guest houses and budget stays, within the travel and hospitality industry. It was incorporated on 28 March 2012 (14+ years old) and is registered under CIN U55209MH2012PTC228845.
Prime Serviced Apartments has 2 current directors:
- Aslam Mohammed Hudewale - Director
- Vinay Pandit Pawar - Director
The latest financial statements of Prime Serviced Apartments on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Prime Serviced Apartments is 27AAGCP5950R1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Prime Serviced Apartments is U55209MH2012PTC228845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime Serviced Apartments was incorporated on 28 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prime Serviced Apartments by revenue are Hotel Rhino Pvt Ltd, Absolute Homes Private Limited, Capricorn Highrise Private Limited, Stops Hospitality Private Limited, Nada Brahma Ventures Private Limited, all in the Consumer Services industry (Guest Houses), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Prashant Babasaheb Wasade ceased to be Director on 31 Dec 2019. Kishor Dhudichand Aher ceased to be Director on 25 Nov 2014. Aslam Mohammed Hudewale was appointed as Director on 01 Apr 2012. Prime Serviced Apartments has 6 board changes on record in total.
The registered office of Prime Serviced Apartments is at Ascot Building Flat 1102 Raheja Garden Lbs Marg, Thane, Maharashtra, India – 400604.
Prime Serviced Apartments operates in the travel and hospitality industry, in the guest houses and budget stays segment.
The compliance status of Prime Serviced Apartments is compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.
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