About R&H Spaces Private Limited
Data last updated:
R&H Spaces Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Cineline India Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 24 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2008PTC181567. Its GSTIN is 27AAECR0459D2ZJ (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.46 Lakh. It is led by directors including Prashant Agarwal and Himanshu Babubhai Kanakia.
Its last annual general meeting (AGM) was held on 14 May 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B/508 5th Floor Koldongri Chs Ltd Parsiwada, Sahar Road Andheri (East) Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.4 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹3.99 Cr (net margin -6.7%) and EBITDA of ₹19.47 Cr (EBITDA margin 32.8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 12% over five years.
The company has about 181 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹178.2 Cr and satisfied charges of ₹226.35 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 1 case is pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹130.22 Cr; the latest was in March 2025. Its 10 peer companies in the Consumer Services industry (Hotels) are compared by revenue, 5 larger and 5 smaller; the largest is Lalit Great Eastern Kolkata Hotel Limited with revenue of ₹60.8 Cr. The company has 5 MSME Form 1 returns on record between 2020 and 2024, listing 63 overdue payments to 28 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kanakia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB/508 5th Floor Koldongri Chs Ltd Parsiwada, Sahar Road Andheri (East) Mumbai, Maharashtra, India – 400099
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
- One PDF report, delivered after checkout
Business Activity of R&H Spaces Private Limited
The main business activity of R&H Spaces is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of R&H Spaces Private Limited FY 2025 filings available
R&H Spaces Private Limited reported revenue of ₹59.4 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of R&H Spaces Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 1% growth in the latest year. EBITDA fell 9% 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 of R&H Spaces Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹19.47 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.99 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 of R&H Spaces Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of R&H Spaces are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of R&H Spaces Private Limited
R&H Spaces Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lalit Great Eastern Kolkata Hotel Limited | ₹60.8 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Accil Corporation Private Limited | ₹60.05 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Jaipur, Rajasthan, India |
| Grand Continent Hotels Limited | ₹60.01 Cr (FY 2025) | •••• | •••• | 162.0% | •••• | Tirukalikundram, Tamil Nadu, India |
| Sunrise Integrated Facility Private Limited | ₹59.77 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Chandigarh, India |
| Sinclairs Hotels Limited Listed | ₹59.61 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Kolkata, West Bengal, India |
| R&H Spaces Private Limited this company | ₹59.4 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Raja Transport Private Limited | ₹59.25 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Rishikesh, Uttarakhand, India |
| Duet India Hotels (Pune) Private Limited | ₹59.17 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Gurgaon, Haryana, India |
| Kujjal Hotels Private Limited | ₹59.11 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Senator Inns Private Limited | ₹59.1 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Srinagar, Jammu and Kashmir, India |
| Redco Hotels Private Limited | ₹58.7 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below R&H Spaces by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of R&H Spaces Private Limited
R&H Spaces Private Limited is audited by KKC & Associates LLP (Formerly Khimji Kunverji & Co LLP) for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KKC & Associates LLP (Formerly Khimji Kunverji & Co LLP) | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of R&H Spaces Private Limited
R&H Spaces has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Agarwal Also directs: North East Aerocity LLP, Sparsh Academy LLP, Sarvesh Polychem Private Limited and 5 more | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Himanshu Babubhai Kanakia Also directs: Kanakia Vihang Construction LLP, Kanvi Construction LLP, Kanakia Cafe La Casa LLP and 5 more | Director | 24 Apr 2008 | 18 Years 5 Months | Current |
| Rasesh Babubhai Kanakia Also directs: Kanakia Vihang Construction LLP, Kanvi Construction LLP, Kanakia Cafe La Casa LLP and 5 more | Director | 24 Apr 2008 | 18 Years 5 Months | Current |
| Jyoti Agarwal Also directs: Sparsh Laminators Private Limited, Sparsh Builders & Developers(India) Private Limited, Sparsh Buildwell Private Limited and 4 more | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of R&H Spaces Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of R&H Spaces Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2023 | Others | ₹40 Cr | Satisfied |
| 24 Jun 2021 | Axis Bank Limited | ₹31 Cr | Satisfied |
| 30 Jan 2021 | Axis Bank Limited | ₹17.15 Cr | Satisfied |
| 14 Mar 2016 | Axis Bank Limited | ₹53 Cr | Satisfied |
| 22 Nov 2013 | Axis Bank Limited | ₹85.2 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of R&H Spaces Private Limited
R&H Spaces Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹130.22 Cr; the latest was in March 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Sparsh Vidyut Private Limited & Prashant Agarwal, Sparsh Vidyut Private Limited Seller: Cineline India Limited & Himanshu Kanakia, Cineline India Limited , Cineline India Limited & Rasesh Kanakia |
| Dec 2022 | Funding round | ₹130.22 Cr | Investors: Cineline India Limited |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: Cineline India Limited & Himanshu Kanakia, Cineline India Limited & Rasesh Kanakia, Cineline India Limited Seller: Transquare Realty Private Limited & Himanshu Kanakia, Transquare Realty Private Limited & Rasesh Kanakia, Transquare Realty Private Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Transquare Realty Private Limited Seller: Kanakia Hotels & Resorts Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Transquare Realty Private Limited , Transquare Realty Private Limited & Himanshu Kanakia, Transquare Realty Private Limited & Rasesh Kanakia Seller: Kanakia Hotels & Resorts Private Limited , Kanakia Hotels & Resorts Private Limited & Himanshu B Kanakia, Kanakia Hotels & Resorts Private Limited & Rasesh B Kanakia |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of R&H Spaces Private Limited
R&H Spaces Private Limited has 7 court cases on record: 2 filed by R&H Spaces, 5 filed against it. 1 case is pending and 6 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Nina Percept Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Nina Percept Private Limited | Disposed |
| District court, North Goa, Goa | Civil suit | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against State of Goa | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by R&H Spaces Private Limited
R&H Spaces Private Limited has 5 MSME Form 1 returns on record between 2020 and 2024, listing 63 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Saraswati Engineers | •••• | •••• | •••• |
| Uniform Republique | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at R&H Spaces Private Limited
R&H Spaces Private Limited has a workforce of 181 employees as of Nov 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to R&H Spaces Private Limited
Recent Activity on R&H Spaces Private Limited
R&H Spaces Private Limited has 7 board changes on record since 2008: 4 appointments and 3 cessations. The latest: Jyoti Agarwal ceased to be Additional Director on 13 May 2025.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for R&H Spaces Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of R&H Spaces Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of R&H Spaces Private Limited
R&H Spaces has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR0459D2ZJ | Maharashtra | Active | 01 Feb 2018 |
| 30AAECR0459D1ZX | Goa | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of R&H Spaces Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about R&H Spaces Private Limited
R&H Spaces 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 24 April 2008 (18+ years old) and is registered under CIN U45202MH2008PTC181567.
R&H Spaces reported revenue of ₹59.4 Cr for FY 2025 (up 1% YoY).
R&H Spaces has 4 current directors:
- Prashant Agarwal - Director
- Himanshu Babubhai Kanakia - Director
- Rasesh Babubhai Kanakia - Director
- Jyoti Agarwal - Director
R&H Spaces reported a net loss of ₹3.99 Cr (net margin -6.7%) and EBITDA of ₹19.47 Cr (EBITDA margin 32.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of R&H Spaces is 20% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of R&H Spaces is 27AAECR0459D2ZJ, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 30AAECR0459D1ZX (Goa).
The CIN (Corporate Identification Number) of R&H Spaces is U45202MH2008PTC181567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R&H Spaces has 7 court cases on record: 2 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
R&H Spaces was incorporated on 24 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
R&H Spaces has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹130.22 Cr; the latest was in March 2025.
The peers of R&H Spaces by revenue are Lalit Great Eastern Kolkata Hotel Limited, Accil Corporation Private Limited, Grand Continent Hotels Limited, Sunrise Integrated Facility Private Limited, Sinclairs Hotels Limited and 5 more, all in the Consumer Services industry (Hotels).
Jyoti Agarwal ceased to be Additional Director on 13 May 2025. Prashant Agarwal ceased to be Additional Director on 13 May 2025. Jyoti Agarwal was appointed as Director on 01 Apr 2025. R&H Spaces has 7 board changes on record in total.