Raising Sun Hotels Private Limited
About Raising Sun Hotels Private Limited
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Raising Sun Hotels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 17 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2005PTC037480. Its GSTIN is 33AADCR2852H3ZH (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21 Lakh. It is led by directors including Praveen Mantena and Vandana Gopal Shinde.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 204 Rajani Gandha Garden Apartments No.21 Vittal Malya Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.88 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.35 Lakh (net margin 0.5%) and EBITDA of ₹6.3 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 71% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Raising Sun Hotels Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 204 Rajani Gandha Garden Apartments No.21 Vittal Malya Road, Bangalore, Karnataka, India – 560001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Raising Sun Hotels 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 Raising Sun Hotels is accommodation and food service activities. In detail, this covers food and beverage service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of Raising Sun Hotels Private Limited, buy the company report.
Financials of Raising Sun Hotels Private Limited
FY 2024 filings availableRaising Sun Hotels Private Limited reported revenue of ₹2.88 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 71% over five years, including 1% growth in the latest year. EBITDA rose 4% 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 |
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| EBITDA | ₹6.3 Lakh | ||||
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| Net Profit (PAT) | ₹1.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Raising Sun Hotels Private Limited, buy the company report.
Board of directors of Raising Sun Hotels Private Limited
Raising Sun Hotels has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Mantena Also directs: Theta Concepts Private Limited, Landforms Reserve Private Limited | Director | 14 Jun 2024 | 2 Years 4 Months | Current |
| Vandana Gopal Shinde Also directs: Parth Constructions Private Limited | Director | 20 Mar 2006 | 20 Years 7 Months | Current |
| Gopal Pandurang Shinde | Director | 20 Mar 2006 | 20 Years 7 Months | Current |
| Srinivasaraju Nadimpalli Also directs: Vasista Mines Private Limited, NSR Aqua Farms Private Limited, Vasista Marine Private Limited and 3 more | Director | 14 Jun 2024 | 2 Years 4 Months | Current |
| Venkatapathi Raju Mantena Also directs: Chai Bageecha Estates Private Limited | Director | 14 Jun 2024 | 2 Years 4 Months | Current |
Auditor
Raising Sun Hotels Private Limited is audited by Varadaraju& associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varadaraju& associates | FY 2023 | 005462S |
Shareholding
The shareholding of Raising Sun Hotels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Raising Sun Hotels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Raising Sun Hotels 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 Raising Sun Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raising Sun Hotels has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCR2852H3ZH | Tamil Nadu | Active | 07 Nov 2019 |
To see the full GST registrations and return filing status of Raising Sun Hotels Private Limited, buy the company report.
Recent activity
Raising Sun Hotels Private Limited has 9 board changes on record since 2006: 5 appointments and 4 cessations. The latest: Akshay Gopal Shinde ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Raising Sun Hotels is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 17 October 2005 (21+ years old) and is registered under CIN U55101KA2005PTC037480.
Raising Sun Hotels has 5 current directors:
- Praveen Mantena - Director
- Vandana Gopal Shinde - Director
- Gopal Pandurang Shinde - Director
- Srinivasaraju Nadimpalli - Director
- Venkatapathi Raju Mantena - Director
The latest financial statements of Raising Sun Hotels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Raising Sun Hotels is 33AADCR2852H3ZH, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Raising Sun Hotels is U55101KA2005PTC037480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raising Sun Hotels was incorporated on 17 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Akshay Gopal Shinde ceased to be Additional Director on 29 Sep 2024. Praveen Mantena ceased to be Additional Director on 29 Sep 2024. Srinivasaraju Nadimpalli ceased to be Additional Director on 29 Sep 2024. Raising Sun Hotels has 9 board changes on record in total.
The registered office of Raising Sun Hotels is at No. 204 Rajani Gandha Garden Apartments No.21 Vittal Malya Road, Bangalore, Karnataka, India – 560001.
Raising Sun Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.
The compliance status of Raising Sun Hotels is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.
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