Ramee Hotels Private Limited - Company Profile

It is a travel and hospitality private limited company based in Mumbai, Maharashtra, India, established in 1998.
1998 Mumbai, Maharashtra, India Active
Last Updated:
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About Ramee Hotels Private Limited

Ramee Hotels Private Limited, a active private limited company, was established on 02 June 1998 in Mumbai, Maharashtra, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U55101MH1998PTC115198. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹37.91 Cr.

It upholds a compliant status. Employing 166 professional, Its leadership includes Rame Vardaraj Shetty (Director), Reda Vardaraj Shetty (Director), Vardaraj Manjappa Shetty (Director). Past directors included Santosh Raghu Shetty, Hafida Haddouga, Ritesh Narendrabhai Kamdar. It holds ₹200.32 Cr open charges and ₹147.25 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. 3, Kohinoor Road Dadar East, Mumbai, Maharashtra, 400014.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U55101MH1998PTC115198

  • Registration Number

    115198

  • Incorporation Date

    02 June 1998

  • Authorized Capital

    ₹50.00 Cr

  • Paid-Up Capital

    ₹37.91 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 37.91 Cr
  • Company Age 27 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 200.32 Cr
  • Satisfied Charges ₹ 147.25 Cr
  • Revenue Growth **** 179.77%
  • Profit Growth **** 57.70%
  • Ebitda **** 321.51%
  • Net Worth -1.04%
  • Total Assets -0.36%
Company report

Ramee Hotels Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ramee Hotels Private 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 Ramee Hotels Private Limited?
Current Directors
Name Designation Appointment Date Status
Rame Vardaraj Shetty Director 17 Mar 2010 Current
Reda Vardaraj Shetty Director 23 Jul 2012 Current
Vardaraj Manjappa Shetty Director 02 Jun 1998 Current
Hafida Haddouga Director 07 Jan 1999 Current
Ashok Muddu Shetty Director 15 Apr 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Apr 2015 Past
Pramod Abcsdd Director 21 Apr 2019 Past
Pramod Abcsdd Company Secretary 30 Apr 2009 Past
Pramod Abcsdd Director 18 Jun 2013 Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Ramee Hotels.

Ramee Hotels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 179.77% increase. The company also saw a substantial improvement in profitability, with a 57.7% increase in profit. The company's net worth dipped by a decrease of 1.04%.

Ramee Hotels revenue growth over time
Ramee 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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 179.77%
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*******
*******
Revenue from Operations
*******
 152.92%
*******
*******
*******
*******
Total Assets
*******
 -0.36%
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*******
*******
*******
Profit or Loss
*******
 57.70%
*******
*******
*******
*******
Net Worth
*******
 -1.04%
*******
*******
*******
*******
EBITDA
*******
 321.51%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ramee Hotels?

In 2023, Ramee Hotels had a promoter holding of 7.97% and a public holding of 92.03%. The company had 6 Subsidiaries and 1 Associate company. 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

₹2,003,227,482.00

Satisfied Charges

₹1,472,500,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 105.00 Cr
  • Karnataka Bank Ltd. : 50.50 Cr
  • Indian Overseas Bank : 26.24 Cr
  • Others : 18.00 Cr
  • Hdfc Bank Limited : 0.58 Cr
Latest Charge Details
Date Lender Amount Status
25 Sep 2025 Axis Bank Limited ₹90.00 Cr Open
07 Mar 2025 Axis Bank Limited ₹15.00 Cr Open
27 Feb 2025 Others ₹18.00 Cr Open
18 Jul 2024 Hdfc Bank Limited ₹2.13 M Open
01 Jun 2024 Hdfc Bank Limited ₹2.08 M Open

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How Many Employees Work at Ramee Hotels?

Ramee Hotels has a workforce of 166 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 Ramee 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 Ramee 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 Ramee Hotels
Recent Activity within the Organization
  • Charges

    A charge with Axis Bank Limited of Rs. 90.00 Cr registered on 25 Sep 2025 with Charge ID 101164978 was modified on 29 Sep 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 90.00 Cr with Charge ID 101164978 was registered on 25 Sep 2025. was documented.

  • Charges

    The activity A charge registered on 27 Sep 2021 via Charge ID 100513326 with Others was fully satisfied on 22 Sep 2025. was completed.

  • Charges

    The activity A charge registered on 08 Sep 2017 via Charge ID 100125593 with Others was fully satisfied on 22 Sep 2025. was completed.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 101069902 was registered on 07 Mar 2025. was completed.

  • Charges

    A charge with Others amounted to Rs. 18.00 Cr with Charge ID 101108549 was registered on 27 Feb 2025. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Ramee Hotels Private Limited?

The CIN of Ramee Hotels Private Limited is U55101MH1998PTC115198.

Where is Ramee Hotels Private Limited headquartered?

Ramee Hotels Private Limited is headquartered at Plot No. 3, Kohinoor Road Dadar East, Mumbai, Maharashtra, 400014.

When was Ramee Hotels Private Limited incorporated?

Ramee Hotels Private Limited was incorporated on 02 June 1998.

Who are the current directors of Ramee Hotels Private Limited?

The current directors of Ramee Hotels Private Limited are

What is the primary industry of Ramee Hotels Private Limited?

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

Is Ramee Hotels Private Limited a listed company?

Ramee Hotels Private Limited is unlisted.

What is the capital structure of Ramee Hotels Private Limited?

The authorized capital of Ramee Hotels Private Limited is ₹50.00 Cr, and the paid-up capital is ₹37.91 Cr.

What is the compliance status of Ramee Hotels Private Limited?

The compliance status of Ramee Hotels Private Limited is Compliant.

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