About Sarovar Hotels Private Limited
Data last updated: 12 February 2026
Sarovar Hotels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in hotel and accommodation services, a part of the broader travel and hospitality sector. Incorporated on 10 September 1993, the company has been in operation for over 33 years.
Registered with ROC Mumbai under CIN U74140MH1993PTC139435.
Capital: an authorised share capital of ₹6.31 Cr and a paid-up capital of ₹1.93 Lakh. Formerly known as Sarovar Park Plaza Hotels and Resorts Private Limited and Sarovar Park Plaza Hotels and Resorts Pvt Ltd. It is led by directors including Gustav Otto Andreas Tscherning and Ajay Kumar Bakaya.
Last AGM: 30 June 2025. Financial statements filed for year ended 31 December 2024. Office: 42 Mittal Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹196.64 Cr, a growth of 13.07% compared to the previous year.
The company has a workforce of approximately 1,928 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Sarovar Hotels. As per MCA filings, the company has satisfied charges of ₹46.8 Cr 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 sarovarhotels.com.
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Registered Address42 Mittal Chambers Nariman Point, Mumbai, Maharashtra, India – 400021
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IndustryTravel and Hospitality, Hotel & Accommodation Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Sarovar Hotels Private Limited
Sarovar Hotels Private Limited has undergone 2 name changes throughout its history. The company was previously known as Sarovar Park Plaza Hotels And Resorts Private Limited, and Sarovar Park Plaza Hotels And Resorts Pvt Ltd. The current legal name is Sarovar Hotels Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Sarovar Hotels Private Limited | Current |
| Sarovar Park Plaza Hotels And Resorts Private Limited | Previous |
| Sarovar Park Plaza Hotels And Resorts Pvt Ltd | Previous |
CIN History of Sarovar Hotels Private Limited
Sarovar Hotels Private Limited has one previous CIN (Corporate Identification Number): U74140MH2003PTC139435. The current CIN is U74140MH1993PTC139435, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH1993PTC139435 | Current |
| U74140MH2003PTC139435 | Previous |
Associated Brands with Sarovar Hotels Private Limited
Sarovar Hotels Private Limited operates one associated brand: Sarovar Hotels. These brands represent Sarovar Hotels Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Hotels, restaurants, and resorts are operated across India and Africa. | sarovarhotels.com |
Business Activity of Sarovar Hotels Private Limited
Sarovar Hotels Private Limited operates primarily in the accommodation and food service and professional, scientific and technical sectors. The company has 3 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Accommodation and Food Service | Locked | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
| Locked | Accommodation and Food Service | Locked | Food and beverage services provided by hotels, restaurants, caterers, etc. | Locked |
| Locked | Professional, Scientific and Technical | Locked | Management consultancy activities | Locked |
Detailed business activity records for Sarovar Hotels Private Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Sarovar Hotels Private Limited
Sarovar Hotels Private Limited is audited by M/s. Price Waterhouse Chartered Accountants LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/s. Price Waterhouse Chartered Accountants LLP | Locked | Locked | Locked |
Complete auditor history for Sarovar Hotels Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Sarovar Hotels Private Limited
Sarovar Hotels Private Limited is currently managed by 5 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Gustav Otto Andreas Tscherning
Also directs:
Louvre Hotels India Private Limited
|
Director | 18 Aug 2023 | 2 Years 11 Months | Current |
| Ajay Kumar Bakaya | Managing Director | 20 Nov 2000 | 25 Years 8 Months | Current |
|
Mathieu Jean Michel Rouri
Also directs:
Louvre Hotels India Private Limited
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Director | 24 May 2023 | 3 Years 2 Months | Current |
|
Gregoire Michel Bouffard
Also directs:
Sarovar Business And Leisure Hotels Private Limited
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Director | 06 Jan 2025 | 1 Years 7 Months | Current |
| Priya Madhok | Director | 08 Apr 2025 | 1 Years 4 Months | Current |
Financials of Sarovar Hotels Private Limited FY 2024 filings available
Sarovar Hotels Private Limited reported revenue of ₹196.64 Cr (up 13.07% YoY) for FY 2024.
Ten-year financial statements for Sarovar Hotels Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Sarovar Hotels Private Limited
Shareholding and ownership data for Sarovar Hotels Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Sarovar Hotels Private Limited
Sarovar Hotels Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Sarovar Hotels Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Sarovar Business And Leisure Hotels Private Limited | U55101MH2008PTC185826 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Sarovar Hotels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2020 | Hdfc Bank Limited | ₹16.2 Lakh | Satisfied |
| 08 Nov 2019 | Hdfc Bank Limited | ₹29 Lakh | Satisfied |
| 22 May 2018 | Yes Bank Limited | ₹1.1 Cr | Satisfied |
| 30 Mar 2012 | Kotak Mahindra Bank Limited | ₹5 Cr | Satisfied |
| 28 Mar 2012 | Kotak Mahindra Bank Limited | ₹20 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Sarovar Hotels Private Limited
Sarovar Hotels Private Limited has a workforce of 1,928 employees as of Sep 10, 2025.
Employee and EPFO history for Sarovar Hotels Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Sarovar Hotels Private Limited
GST registrations and filing compliance for Sarovar Hotels Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Sarovar Hotels Private Limited
Credit ratings, litigation, and regulatory alerts for Sarovar Hotels Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Sarovar Hotels Private Limited
MSME payment history for Sarovar Hotels Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Sarovar Hotels Private Limited
Corporate group structure for Sarovar Hotels Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Sarovar Hotels Private Limited
MCA filings and documents for Sarovar Hotels Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Sarovar Hotels Private Limited
Recent News on Sarovar Hotels Private Limited
Frequently Asked Questions about Sarovar Hotels Private Limited
Sarovar Hotels Private Limited is an active private limited company in the travel and hospitality sector based in Mumbai, Maharashtra, India. It was incorporated on 10 September 1993 (33+ years old) and is registered under CIN U74140MH1993PTC139435. The company has 1,928 employees.
Sarovar Hotels Private Limited reported revenue of ₹196.64 Cr for FY 2024 (up 13.07% YoY).
The current directors of Sarovar Hotels Private Limited are:
- Gustav Otto Andreas Tscherning - Director
- Ajay Kumar Bakaya - Managing Director
- Mathieu Jean Michel Rouri - Director
- Gregoire Michel Bouffard - Director
- Priya Madhok - Director
The primary industry of Sarovar Hotels Private Limited is travel and hospitality. The company specifically operates in hotel and accommodation services. The company is currently active in this sector.
Sarovar Hotels Private Limited can be reached at the registered office: 42 Mittal Chambers Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website sarovarhotels.com.
The authorised capital is ₹6.31 Cr, and the paid-up capital is ₹1.93 Lakh.