MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0065160
Rising Hotel Ltd.
Rising Hotel Ltd. - travel and hospitality in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹34.46 Cr
▼ 2% YoY
Net profit · FY 2025
₹7.3 Cr
Net margin 21.2%
EBITDA · FY 2025
₹11.98 Cr
EBITDA margin 34.8%
Authorised capital
₹17.75 Cr
Registered with MCA
Paid-up capital
₹17.52 Cr
Issued & subscribed
Open charges
₹16.99 Cr
Satisfied ₹16.39 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
73
Provident fund records
About Rising Hotel Ltd.
Data last updated:
Rising Hotel Ltd. is a public limited company based in Ahmedabad, Gujarat, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 29 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U55101GJ1991PLC016701. Its GSTIN is 24AABCA6371L1ZM (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹17.75 Cr and a paid-up capital of ₹17.52 Cr. It was formerly known as Akash Hotel Ltd. It is led by directors including Kamal Varandmal Galani (Managing Director) and Mayur Rajendrabhai Parikh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Radisson Blue Hotel Panchvati Cross Road Off C G Road Ambawadi, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.46 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹7.3 Cr (net margin 21.2%) and EBITDA of ₹11.98 Cr (EBITDA margin 34.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
The company has about 73 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.99 Cr and satisfied charges of ₹16.39 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it.
Rising Hotel Ltd. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0065160). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U55101GJ1991PLC016701
Registration Number 016701
Incorporation Date 29 November 1991
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0065160
Key People
Kamal Varandmal Galani Managing Director Mohan Vrandmal Galani Cfo Mayur Rajendrabhai Parikh Director Recognitions & Rankings of Rising Hotel
Contact details
Rising Hotel Ltd.'s registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRadisson Blue Hotel Panchvati Cross Road Off C G Road Ambawadi, Ahmedabad, Gujarat, India – 380006
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Rising Hotel Ltd., buy the company report.
Comprehensive company report
Rising Hotel Ltd. - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Rising Hotel is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Rising Hotel Ltd., buy the company report.
Financials of Rising Hotel Ltd.
FY 2025 filings availableRising Hotel Ltd. reported revenue of ₹34.46 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹34.46 Cr ▼ 2%
Net profit · FY 2025
₹7.3 Cr margin 21.2%
EBITDA · FY 2025
₹11.98 Cr margin 34.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 19%
5 years · compounded
▲ 3%
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹11.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.3 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.8% | ||||
| Net Profit Margin | 21.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Rising Hotel Ltd., buy the company report.
Board of directors and KMP of Rising Hotel Ltd.
Rising Hotel Ltd. currently reports 5 directors and 1 key managerial person. 12 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Vrandmal Galani | Cfo | 01 Nov 2016 | 9 Years 11 Months | Current |
| Mayur Rajendrabhai Parikh Also directs: Interactive Financial Services Limited, Seabird Exploration Private Limited, Infinity Infrabuild Limited and 1 more | Director | 01 Nov 2018 | 7 Years 11 Months | Current |
| Galani Suresh Varandmal Also directs: Morya Galani Homes Private Limited, Maharaja Realtors Private Limited, Beam Developers Private Limited and 5 more | Director | 31 Mar 2007 | 19 Years 6 Months | Current |
| Narain Khemchand Aswani Also directs: Platinum Money Changer Private Limited | Director | 01 Nov 2016 | 9 Years 11 Months | Current |
| Kamal Varandmal Galani Also directs: Pride Purple Landmark LLP, Ayra Developers LLP, Sunlight Developers and Realtors LLP and 5 more | Managing Director | 01 May 2006 | 20 Years 5 Months | Current |
| Sagar Kamal Galani Also directs: Galani Ajwani Developers LLP, Morya Galani Homes Private Limited, Maharaja Realtors Private Limited and 5 more | Director | 20 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Rising Hotel Ltd. is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vivera Private Limited | ₹34.65 Cr (FY 2024) | 23.0% | Hyderabad, Telangana, India | |||
| Jagtiani Hotels and Properties Private Limited | ₹34.59 Cr (FY 2025) | 6.0% | Lucknow, Uttar Pradesh, India | |||
| Rising Hotel Ltd.this company | ₹34.46 Cr (FY 2025) | ₹7.3 Cr | 21.2% | -2.0% | 73 | Ahmedabad, Gujarat, India |
| Faction Hospitality Private Limited | ₹34.37 Cr (FY 2025) | 58.0% | Delhi, India |
To see the full peer comparison of Rising Hotel Ltd., buy the company report.
Auditor
Rising Hotel Ltd. is audited by A H JAIN & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A H JAIN & CO. | FY 2024 | 133295W |
Shareholding
The shareholding of Rising Hotel Ltd. is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rising Hotel Ltd., buy the company report.
Charges & borrowings
Open charges
₹16.99 Cr
Satisfied charges
₹16.39 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2023 | 100745437 | Hdfc Bank Limited | ₹33.87 Lakh | Open | |
| 27 Jul 2021 | 100467809 | Others | ₹4.15 Cr | Open | |
| 28 Dec 2015 | 100044725 | Others | ₹10 Cr | Open | |
| 27 Jul 1999 | 80002278 | Tourism Finance Corpn of India Ltd | ₹2.5 Cr | Open | |
| 06 Feb 2021 | 100423762 | Others | ₹4.15 Cr | Satisfied |
To see the full charge records of Rising Hotel Ltd., buy the company report.
Total charge records: 8 View all charges
Legal cases
Rising Hotel Ltd. has 8 court cases on record: 2 filed by Rising Hotel, 6 filed against it. All cases are disposed.
Total cases
8
Filed by the company
2
Filed against the company
6
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (COMP) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (MACMA) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by VK Kanthariya Throuth the State | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by V.K, Kanthariya, Through the State | Disposed |
To see the full case history of Rising Hotel Ltd., buy the company report.
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.
Credit ratings & regulatory alerts
Rising Hotel Ltd. was last rated by Indiarating on 09 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 09 Jul 2021 |
To see the full credit ratings and regulatory alerts of Rising Hotel Ltd., buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rising Hotel Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rising Hotel Ltd. has a workforce of 73 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
73
Active EPFO establishments
1
Employee growth
-6.41%
GST
Rising Hotel has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA6371L1ZM | Gujarat | Active | 01 Jul 2017 |
| 24AABCA6371L2ZL | Gujarat | Active | 24 Jul 2017 |
| 27AABCA6371L1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rising Hotel Ltd., buy the company report.
Recent activity
Rising Hotel Ltd. has 17 board changes on record since 2006: 6 appointments and 11 cessations. The latest: Jaini Shaileshbhai Jain ceased to be Company Secretary on 31 Jul 2021.
AGM
Rising Hotel Ltd. last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rising Hotel Ltd. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 10.00 Cr registered on 28 Dec 2015 with Charge ID 100044725 was modified on 28 Mar 2025.
Charges
A charge registered on 06 Feb 2021 via Charge ID 100423762 with Others was fully satisfied on 02 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100745437 was registered on 21 Apr 2023.
Ceased
Jaini Shaileshbhai Jain ceased to be Company Secretary.
Charges
A charge with Others amounted to Rs. 4.15 Cr with Charge ID 100467809 was registered on 27 Jul 2021.
Charges
A charge with Others of Rs. 4.15 Cr registered on 06 Feb 2021 with Charge ID 100423762 was modified on 24 Feb 2021.
Charges
A charge with Others amounted to Rs. 4.15 Cr with Charge ID 100423762 was registered on 06 Feb 2021.
Ceased
Mayur Rajendrabhai Parikh ceased to be Additional Director.
Appointed
Mayur Rajendrabhai Parikh was appointed as Director.
Ceased
Sagar Kamal Galani ceased to be Additional Director.
23 earlier events are in the company report.
Frequently asked questions
Rising Hotel is an active public limited company based in Ahmedabad, Gujarat, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 29 November 1991 (35+ years old) and is registered under CIN U55101GJ1991PLC016701.
Rising Hotel has 6 current directors and KMP:
- Kamal Varandmal Galani - Managing Director
- Mayur Rajendrabhai Parikh - Director
- Galani Suresh Varandmal - Director
- Narain Khemchand Aswani - Director
- Sagar Kamal Galani - Director
- Mohan Vrandmal Galani - Cfo
The latest financial statements of Rising Hotel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rising Hotel is 24AABCA6371L1ZM, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AABCA6371L2ZL (Gujarat), 27AABCA6371L1ZG (Maharashtra).
The CIN (Corporate Identification Number) of Rising Hotel is U55101GJ1991PLC016701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rising Hotel has 8 court cases on record: 2 filed by the company and 6 filed against it. Most are in the district courts.
Rising Hotel was incorporated on 29 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rising Hotel by revenue are Vivera Private Limited, Jagtiani Hotels and Properties Private Limited, Faction Hospitality Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Jaini Shaileshbhai Jain ceased to be Company Secretary on 31 Jul 2021. Mayur Rajendrabhai Parikh ceased to be Additional Director on 30 Sep 2019. Mayur Rajendrabhai Parikh was appointed as Director on 01 Nov 2018. Rising Hotel has 17 board changes on record in total.
Yes, Rising Hotel is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0065160).
The registered office of Rising Hotel is at Radisson Blue Hotel Panchvati Cross Road Off C G Road Ambawadi, Ahmedabad, Gujarat, India – 380006.