Sai Palace Hotels Private Limited

Sai Palace Hotels Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U55100MH1999PTC121981 Incorporated 29 September 1999 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company real estate and construction MSME · Micro
Data last updated
Revenue · FY 2025
₹4.81 Lakh
▼ 35% YoY
Net loss · FY 2025
₹6.82 Lakh
Net margin -141.7%
EBITDA · FY 2025
-₹6.82 Lakh
EBITDA margin -141.7%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹43.02 Lakh
Issued & subscribed
Open charges
₹150 Cr
Satisfied ₹260 Cr
Company age
27 yrs
Est. 1999
Directors on board
2
As per MCA filings

About Sai Palace Hotels Private Limited

Data last updated:

Sai Palace Hotels Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Pansies Realties Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 September 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55100MH1999PTC121981. Its GSTIN is 27AAFCS7203M1Z3 (Maharashtra).

The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹43.02 Lakh. It is led by directors Vijay Khantilal Jasani and Madhav Sambhaji Jadhav.

Its last annual general meeting (AGM) was held on 30 September 2025, 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 2025, the company reported a revenue of ₹4.81 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹6.82 Lakh (net margin -141.7%) and EBITDA of -₹6.82 Lakh (EBITDA margin -141.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.

As per MCA filings, the company has open charges of ₹150 Cr and satisfied charges of ₹260 Cr on record. Court records list 32 cases involving the company, including 9 filed by the company and 23 filed against it; 7 cases are pending.

Sai Palace Hotels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0121443). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U55100MH1999PTC121981
Registration Number 121981
Incorporation Date 29 September 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Parent Company Pansies Realties Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0121443
Key People
Vijay Khantilal Jasani Director Madhav Sambhaji Jadhav Director

Recognitions & Rankings of Sai Palace Hotels

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0121443

Contact details

Sai Palace Hotels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    7th Floor Office No 7N, The Ruby 29 Senapati Bapat Marg Dadar (W), Mumbai, Maharashtra, India – 400028
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Sai Palace Hotels Private Limited, buy the company report.

Comprehensive company report
Sai Palace Hotels Private Limited - 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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Financials of Sai Palace Hotels Private Limited

FY 2024 filings available

Sai Palace Hotels Private Limited reported revenue of ₹4.81 Lakh (down 35% YoY) for FY 2025.

Revenue · FY 2025
₹4.81 Lakh ▼ 35%
Net loss · FY 2025
₹6.82 Lakh margin -141.7%
EBITDA · FY 2025
-₹6.82 Lakh margin -141.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 35%
3 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 5%
5 years · compounded
▲ 12%

Revenue fell 35% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 37% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹6.82 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.82 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-141.7%
Net Profit Margin-141.7%
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

To see the full financial statements and ratios of Sai Palace Hotels Private Limited, buy the company report.

Board of directors of Sai Palace Hotels Private Limited

Sai Palace Hotels has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijay Khantilal Jasani
Also directs: Shubhra Real Estate Private Limited, Brihan Estate Private Limited, Flavia Real Estate Private Limited and 5 more
Director01 Aug 20206 Years 2 MonthsCurrent
Madhav Sambhaji Jadhav
Also directs: Nash Real Estate Private Limited, Miranda Real Estate Private Limited, Josna Builders Private Limited and 5 more
Director02 Dec 20196 Years 10 MonthsCurrent
View all directors

Peer comparison

Sai Palace Hotels Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Hotels), with the same principal business activity (buildings), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
NBCC International Limited₹4.82 Lakh (FY 2022)-12.0%New Delhi, Delhi, India
R. R. Infra Ventures Private Limited₹4.81 Lakh (FY 2025)180.0%Mumbai, Maharashtra, India
Sai Palace Hotels Private Limitedthis company₹4.81 Lakh (FY 2025)-₹6.82 Lakh-141.7%-35.0%Mumbai, Maharashtra, India
Dulron Procon Private Limited₹4.81 Lakh (FY 2025)0.0%Silvassa, Dadra and Nagar Haveli, India

To see the full peer comparison of Sai Palace Hotels Private Limited, buy the company report.

Auditor

Sai Palace Hotels Private Limited is audited by SIDDHARTH A JAIN & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
SIDDHARTH A JAIN & COFY 2021145870W

Shareholding

The shareholding of Sai Palace Hotels Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sai Palace Hotels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹150 Cr
Satisfied charges
₹260 Cr
Breakdown by lending institutions
Others₹150.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Oct 2019100308116Others₹35 CrOpen
27 Jun 2019100276292Others₹115 CrOpen
25 Nov 2016100068589Others₹260 CrSatisfied

To see the full charge records of Sai Palace Hotels Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sai Palace Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Sai Palace Hotels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCS7203M1Z3MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Sai Palace Hotels Private Limited, buy the company report.

Recent activity

Sai Palace Hotels Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Madhav Sambhaji Jadhav ceased to be Additional Director on 24 Dec 2020.

AGM
Sai Palace Hotels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sai Palace Hotels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Others of Rs. 3,500.00 Lakh registered on 30 Oct 2019 with Charge ID 100308116 was modified on 07 Mar 2024.
Ceased
Madhav Sambhaji Jadhav ceased to be Additional Director.
Ceased
Vijay Khantilal Jasani ceased to be Additional Director.
Ceased
Akshay Jitendra Bafna ceased to be Director.
Appointed
Vijay Khantilal Jasani was appointed as Director.
Appointed
Madhav Sambhaji Jadhav was appointed as Director.
Charges
A charge registered on 25 Nov 2016 via Charge ID 100068589 with Others was fully satisfied on 13 Nov 2019.
Charges
A charge with Others amounted to Rs. 3,500.00 Lakh with Charge ID 100308116 was registered on 30 Oct 2019.
Charges
A charge with Others amounted to Rs. 11,500.00 Lakh with Charge ID 100276292 was registered on 27 Jun 2019.
Ceased
Manav Haresh Mehta ceased to be Director.

7 earlier events are in the company report.

Frequently asked questions

Sai Palace Hotels is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 September 1999 (27+ years old) and is registered under CIN U55100MH1999PTC121981.

Sai Palace Hotels has 2 current directors:

The latest financial statements of Sai Palace Hotels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Sai Palace Hotels is 27AAFCS7203M1Z3, registered in Maharashtra.

The CIN (Corporate Identification Number) of Sai Palace Hotels is U55100MH1999PTC121981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sai Palace Hotels has 32 court cases on record: 9 filed by the company and 23 filed against it. 7 are pending. Most are in the district courts.

Sai Palace Hotels was incorporated on 29 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Sai Palace Hotels by revenue are NBCC International Limited, R. R. Infra Ventures Private Limited, Dulron Procon Private Limited, all in the Real Estate industry (Builders and Developers, Hotels), with the same principal business activity (buildings).

Madhav Sambhaji Jadhav ceased to be Additional Director on 24 Dec 2020. Vijay Khantilal Jasani ceased to be Additional Director on 24 Dec 2020. Akshay Jitendra Bafna ceased to be Director on 12 Aug 2020. Sai Palace Hotels has 11 board changes on record in total.

Yes, Sai Palace Hotels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0121443).

The registered office of Sai Palace Hotels is at 7th Floor Office No 7N, The Ruby 29 Senapati Bapat Marg Dadar W, Mumbai, Maharashtra, India – 400028.