Sarovar Hotels Private Limited - Company Profile

It is a travel and hospitality private limited company based in Mumbai, Maharashtra, India, established in 1993.

1993 Mumbai, Maharashtra, India Active

Last Updated: February 12, 2026

About Sarovar Hotels Private Limited

Sarovar Hotels Private Limited, a active private limited company, was established on 10 September 1993 in Mumbai, Maharashtra, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U74140MH1993PTC139435. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹6.31 Cr and a paid-up capital of ₹0.19 M.

Formerly known as Sarovar Park Plaza Hotels And Resorts Private Limited, Sarovar Park Plaza Hotels And Resorts Pvt Ltd. It upholds a compliant status. Employing 1,928 professional, Its leadership includes Gustav Otto Andreas Tscherning (Director), Ajay Kumar Bakaya (Managing Director), Mathieu Jean Michel Rouri (Director). Past directors included Subramanya Venkat Sumukh, Tariq Dattatraya Vaidya, Satish Vasant Deshpande. It holds no open charges and ₹46.80 Cr settled loans. Its latest AGM occurred on 30 June 2025, with the balance sheet filed on 31 December 2024. It is based at 42, Mittal Chambers, Nariman Point,, Mumbai, Maharashtra, 400021.

Company Details

CIN/LLPIN
U74140MH1993PTC139435
Registration Number
139435
Incorporation Date
10 September 1993
Authorized Capital
₹6.31 Cr
Paid-Up Capital
₹0.19 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 6.31 Cr as on 12-02-2026
Paid Up Capital ₹ 0.19 M as on 12-02-2026
Company Age 32 Year, 5 Months
Last Filing with ROC 31 Dec 2024
Satisfied Charges ₹ 46.80 Cr as on 12-02-2026
Revenue Growth **** 13.07% (FY 2024)
Profit Growth **** 17.91% (FY 2024)
Ebitda **** 10.65% (FY 2024)
Net Worth 22.65% (FY 2024)
Total Assets **** 23.40% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Sarovar Hotels Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sarovar Hotels Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Gustav Otto Andreas Tscherning	Director	18 Aug 2023	Current
Ajay Kumar Bakaya	Managing Director	20 Nov 2000	Current
Mathieu Jean Michel Rouri	Director	24 May 2023	Current
Gregoire Michel Bouffard	Director	06 Jan 2025	Current
Priya Madhok	Director	08 Apr 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	10 Nov 2014	Past
Pramod Abcsdd	Director	27 Jun 2014	Past
Pramod Abcsdd	Director	12 Jan 2017	Past
Pramod Abcsdd	Additional Director	14 May 2024	Past
Pramod Abcsdd	Additional Director	08 Jun 2021	Past
Pramod Abcsdd	Director	12 Jan 2017	Past

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Financial Performance of Sarovar Hotels.

Sarovar Hotels Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 13.07% increase. The company also saw a substantial improvement in profitability, with a 17.91% increase in profit. The company's net worth Soared by an impressive increase of 22.65%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

13.07%

*******

Revenue from Operations

*******

12.68%

*******

Total Assets

*******

23.40%

*******

Profit or Loss

*******

17.91%

*******

Net Worth

*******

22.65%

*******

EBITDA

*******

10.65%

*******

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What is the Ownership and Shareholding Structure of Sarovar Hotels?

In 2023, Sarovar Hotels had a promoter holding of 26.04% and a public holding of 73.96%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹468,020,000.00

Charges Breakdown by Lending Institutions

Kotak Mahindra Bank Limited : 25.00 Cr
Idfc Limited : 20.00 Cr
Yes Bank Limited : 1.10 Cr
Hdfc Bank Limited : 0.45 Cr
The Saraswat Co-Op Bank Ltd. : 0.25 Cr

Latest Charge Details

Date	Lender	Amount	Status
03 Jan 2020	Hdfc Bank Limited	₹1.62 M	Satisfied
08 Nov 2019	Hdfc Bank Limited	₹2.90 M	Satisfied
22 May 2018	Yes Bank Limited	₹1.10 Cr	Satisfied
30 Mar 2012	Kotak Mahindra Bank Limited	₹5.00 Cr	Satisfied
28 Mar 2012	Kotak Mahindra Bank Limited	₹20.00 Cr	Satisfied

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How Many Employees Work at Sarovar Hotels?

Sarovar Hotels has a workforce of 1928 employees as of Sep 10, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Sarovar Hotels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sarovar Hotels's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Sarovar Hotels

Recent Activity within the Organization

Director Appointment

Progress on Raja S was appointed as a Cfo was appointed as a Cfo on 05 Sep 2025 & has been associated with this company since 5 months 28 days . was documented.
05 Sep 2025
Annual General Meeting

The activity Sarovar Hotels Private Limited last Annual general meeting of members was held on 30 Jun 2025 as per latest MCA records. was completed.
30 Jun 2025
Director Appointment

Priya Madhok was appointed as a Director was appointed as a Director on 08 Apr 2025 & has been associated with this company since 10 months 25 days . was recorded as a recent event.
08 Apr 2025
Director Appointment

Progress on Gregoire Michel Bouffard was appointed as a Director was appointed as a Director on 06 Jan 2025 & has been associated with this company since 1 year 1 month . was documented.
06 Jan 2025
Balance Sheet

Sarovar Hotels Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Mumbai. was recorded as a recent event.
31 Dec 2024
Director Appointment

Gustav Otto Andreas Tscherning was appointed as a Director was appointed as a Director on 18 Aug 2023 & has been associated with this company since 2 years 6 months . was recorded as a recent event.
18 Aug 2023

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