About Resiplex Hospitality & Developers Private Limited
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Resiplex Hospitality & Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 19 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2006PTC166306. Its GSTIN is 27AAECP6074C1ZH (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.78 Lakh. It was formerly known as Pune Hospitality and Developers Private Limited. It is led by directors including Hussein Abdulkarim Balwa and Umar Abdulkarim Balwa.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.43 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.04 Cr (net margin 13.2%) and EBITDA of ₹3.19 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 78% over three years and 4% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹24.75 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balwagroup.com.
Company details
Contact details
Resiplex Hospitality & Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is balwagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Techniplex – I Techniplex Complex Off Veer Savarkar Flyover Goregaon (Wes, T), Mumbai, Maharashtra, India – 400062
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Resiplex Hospitality & Developers 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 Resiplex Hospitality & Developers 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 Resiplex Hospitality & Developers Private Limited, buy the company report.
Financials of Resiplex Hospitality & Developers Private Limited
FY 2024 filings availableResiplex Hospitality & Developers Private Limited reported revenue of ₹15.43 Cr (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 7% growth in the latest year. EBITDA rose 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 |
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| EBITDA | ₹3.19 Cr | ||||
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| Net Profit (PAT) | ₹2.04 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 20.7% | ||||
| Net Profit Margin | 13.2% | ||||
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To see the full financial statements and ratios of Resiplex Hospitality & Developers Private Limited, buy the company report.
Board of directors of Resiplex Hospitality & Developers Private Limited
Resiplex Hospitality & Developers has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hussein Abdulkarim Balwa Also directs: Bayone Realty LLP, Meetha Fusion Foods Private Limited, Pastonji Foods Private Limited and 5 more | Director | 19 Dec 2006 | 19 Years 10 Months | Current |
| Umar Abdulkarim Balwa Also directs: Meetha Fusion Foods Private Limited, Pastonji Foods Private Limited, Panetteria Foods Private Limited and 5 more | Director | 19 Dec 2006 | 19 Years 10 Months | Current |
| Ismail Abdulkarim Balwa Also directs: Bayone Realty LLP, Meetha Fusion Foods Private Limited, Pastonji Foods Private Limited and 5 more | Director | 19 Dec 2006 | 19 Years 10 Months | Current |
| Rafiq Hussein Balwa Also directs: Meetha Fusion Foods Private Limited, Pastonji Foods Private Limited, Panetteria Foods Private Limited and 5 more | Director | 14 Mar 2020 | 6 Years 7 Months | Current |
| Sania Umar Balwa | Director | 26 Sep 2018 | 8 Years 0 Months | Current |
Peer comparison
Resiplex Hospitality & Developers Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Services industry (Hospitality, 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 |
|---|---|---|---|---|---|---|
| Vivaswan Hotels (India) Private Limited | ₹15.46 Cr (FY 2025) | Gwalior, Madhya Pradesh, India | ||||
| V.G.P. Golden Beach Resort Limited | ₹15.45 Cr (FY 2024) | 17.0% | Chennai, Tamil Nadu, India | |||
| Chinmay Resorts Private Limited | ₹15.44 Cr (FY 2025) | 26.0% | Hazratganj, Lucknow-226001, Uttar Pradesh, India | |||
| M S V Hotels Private Limited | ₹15.43 Cr (FY 2024) | 8.0% | Salem, Tamil Nadu, India | |||
| Resiplex Hospitality & Developers Private Limitedthis company | ₹15.43 Cr (FY 2024) | ₹2.04 Cr | 13.2% | 7.0% | 70 | Mumbai, Maharashtra, India |
| Janambhumi Hotels & Resorts (P) Ltd | ₹15.38 Cr (FY 2024) | -2.0% | Jorhat, Assam, India | |||
| Laxmijyothi Eco-Tourism and Jungle Resorts Private Limited | ₹15.37 Cr (FY 2024) | 27.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Resiplex Hospitality & Developers Private Limited, buy the company report.
Auditor
Resiplex Hospitality & Developers Private Limited is audited by R.R. SHAH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.R. SHAH & ASSOCIATES | FY 2022 | 112007W |
Shareholding
The shareholding of Resiplex Hospitality & Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Resiplex Hospitality & Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Apr 2014 | 10488932 | State Bank of India | ₹24.75 Lakh | Satisfied |
To see the full charge records of Resiplex Hospitality & Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Resiplex Hospitality & Developers 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 Resiplex Hospitality & Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Resiplex Hospitality & Developers Private Limited has a workforce of 70 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Resiplex Hospitality & Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP6074C1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Resiplex Hospitality & Developers Private Limited, buy the company report.
Recent activity
Resiplex Hospitality & Developers Private Limited has 8 board changes on record since 2006: 5 appointments and 3 cessations. The latest: Rafiq Hussein Balwa ceased to be Additional Director on 07 Nov 2020.
1 earlier event is in the company report.
Frequently asked questions
Resiplex Hospitality & Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 19 December 2006 (20+ years old) and is registered under CIN U55101MH2006PTC166306.
Resiplex Hospitality & Developers has 5 current directors:
- Hussein Abdulkarim Balwa - Director
- Umar Abdulkarim Balwa - Director
- Ismail Abdulkarim Balwa - Director
- Rafiq Hussein Balwa - Director
- Sania Umar Balwa - Director
The latest financial statements of Resiplex Hospitality & Developers 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 Resiplex Hospitality & Developers is 27AAECP6074C1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Resiplex Hospitality & Developers is U55101MH2006PTC166306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Resiplex Hospitality & Developers was incorporated on 19 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Resiplex Hospitality & Developers by revenue are Vivaswan Hotels (India) Private Limited, V.G.P. Golden Beach Resort Limited, Chinmay Resorts Private Limited, M S V Hotels Private Limited, Janambhumi Hotels & Resorts (P) Ltd and 1 more, all in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Rafiq Hussein Balwa ceased to be Additional Director on 07 Nov 2020. Rafiq Hussein Balwa was appointed as Director on 14 Mar 2020. Mohammed Ashfaq Selia ceased to be Director on 29 Jul 2019. Resiplex Hospitality & Developers has 8 board changes on record in total.
Resiplex Hospitality & Developers can be reached through the website balwagroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Resiplex Hospitality & Developers is at 4th Floor Techniplex – I Techniplex Complex Off Veer Savarkar Flyover Goregaon Wes, T, Mumbai, Maharashtra, India – 400062.
Resiplex Hospitality & Developers operates in the travel and hospitality industry, in the hotel and accommodation services segment.