Rivera Hotels Pvt Ltd
About Rivera Hotels Pvt Ltd
Data last updated:
Rivera Hotels Pvt Ltd is a private 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 11 April 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U55101GJ1980PTC003725. Its GSTIN is 24AAACR7381L1Z2 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Prakash Tahilram Mulchandani and Haresh Lachhmandas Mulchandani.
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 Near Rotory Club Hallkhanpur, Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.46 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹21.1 Lakh (net margin -1.2%) and EBITDA of ₹49 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 13% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹94 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rivera Hotels Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNear Rotory Club Hallkhanpur, Ahmedabad, Gujarat, India – 380001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Rivera Hotels Pvt Ltd, 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 Rivera Hotels 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 Rivera Hotels Pvt Ltd, buy the company report.
Financials of Rivera Hotels Pvt Ltd
FY 2025 filings availableRivera Hotels Pvt Ltd reported revenue of ₹17.46 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 71% 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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| EBITDA | ₹49 Lakh | ||||
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| Net Profit (PAT) | -₹21.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | -1.2% | ||||
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To see the full financial statements and ratios of Rivera Hotels Pvt Ltd, buy the company report.
Board of directors of Rivera Hotels Pvt Ltd
Rivera Hotels has 8 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Tahilram Mulchandani Also directs: Rivera Inn Private Limited | Director | 27 May 1980 | 46 Years 5 Months | Current |
| Haresh Lachhmandas Mulchandani Also directs: Rivera Inn Private Limited | Director | 16 Dec 1988 | 37 Years 10 Months | Current |
| Puran Gobindram Mulchandani | Director | 21 Feb 2011 | 15 Years 8 Months | Current |
| Gautam Narain Lalwani | Director | 15 Nov 2003 | 22 Years 11 Months | Current |
| Shyam Lachmandas Mulchandani | Director | 02 Sep 1988 | 38 Years 2 Months | Current |
| Narain Mulchand Lalwani Also directs: Rivera Inn Private Limited | Director | 09 Jul 1980 | 46 Years 3 Months | Current |
Auditor
Rivera Hotels Pvt Ltd is audited by KRUTESH PATEL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRUTESH PATEL & ASSOCIATES | FY 2022 | 100865W |
Shareholding
The shareholding of Rivera Hotels Pvt Ltd 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 Rivera Hotels Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2002 | 90110416 | Central Bank of India | ₹25 Lakh | Satisfied | |
| 14 Jul 1997 | 90109638 | Bambay Mercantile Co-Op Bank Ltd | ₹15 Lakh | Satisfied | |
| 02 Aug 1995 | 90111281 | Bambay Mercantile Co-Op Bank Ltd | ₹6 Lakh | Satisfied | |
| 02 Feb 1993 | 90111196 | Bambay Mercantile Co-Op Bank Ltd | ₹24 Lakh | Satisfied | |
| 28 Mar 1988 | 90108457 | The Bombay Mercantile Co. Operative Bank Ltd | ₹24 Lakh | Satisfied |
To see the full charge records of Rivera Hotels Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Rivera Hotels Pvt Ltd 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 Rivera Hotels Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rivera Hotels Pvt Ltd has a workforce of 33 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Rivera Hotels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR7381L1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rivera Hotels Pvt Ltd, buy the company report.
Recent activity
Rivera Hotels Pvt Ltd has 15 board changes on record since 1980: 8 appointments and 7 cessations. The latest: Ashish Haresh Mulchandani ceased to be Director on 11 Jan 2016.
17 earlier events are in the company report.
Frequently asked questions
Rivera Hotels is an active private 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 11 April 1980 (46+ years old) and is registered under CIN U55101GJ1980PTC003725.
Rivera Hotels has 8 current directors:
- Prakash Tahilram Mulchandani - Director
- Haresh Lachhmandas Mulchandani - Director
- Puran Gobindram Mulchandani - Director
- Gautam Narain Lalwani - Director
- Shyam Lachmandas Mulchandani - Director
- Narain Mulchand Lalwani - Director
- Nirmala Narain Lalwani - Director
- Ekta Gautam Lalwani - Director
The latest financial statements of Rivera Hotels 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 Rivera Hotels is 24AAACR7381L1Z2, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rivera Hotels is U55101GJ1980PTC003725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rivera Hotels was incorporated on 11 April 1980, making it 46+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashish Haresh Mulchandani ceased to be Director on 11 Jan 2016. Ekta Gautam Lalwani was appointed as Director on 11 Jan 2016. Nirmala Narain Lalwani was appointed as Director on 11 Jan 2016. Rivera Hotels has 15 board changes on record in total.
The registered office of Rivera Hotels is at Near Rotory Club Hallkhanpur, Ahmedabad, Gujarat, India – 380001.
Rivera Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Rivera Hotels has no open charges and satisfied charges of ₹94 Lakh as per latest MCA filings.
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