About Shalimar Hotel Private Limited
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Shalimar Hotel Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 23 September 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55200MH1961PTC012138. Its GSTIN is 27AABCS7887H1ZS (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Dinesh Sajan Advani (Managing Director) and Yash Dinesh Advani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at August Kranti Marg Kemps Corner, Mumbai, Maharashtra, India – 400036.
As per the financials filed for FY 2021, the company reported a revenue of ₹12 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹1.34 Cr (net margin -11.1%) and EBITDA of ₹1.02 Cr (EBITDA margin 8.5%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 17% over five years.
The company has about 96 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Theshalimarhotel. As per MCA filings, the company has open charges of ₹3.11 Cr and satisfied charges of ₹17.15 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending. The company has 4 deals on record (4 secondary share transfers); the latest was in September 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theshalimarhotel.com.
Company details
Contact details
Shalimar Hotel Private Limited's registered office is in Mumbai, Maharashtra. Its website is theshalimarhotel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAugust Kranti Marg Kemps Corner, Mumbai, Maharashtra, India – 400036
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Shalimar Hotel Private Limited, 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
Brands
Shalimar Hotel operates one associated brand: Theshalimarhotel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers luxury hotel stays, dining, and event services in Mumbai. | theshalimarhotel.com |
Financials of Shalimar Hotel Private Limited
FY 2024 filings availableShalimar Hotel Private Limited reported revenue of ₹12 Cr (down 61% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 61% fall in the latest year. EBITDA fell 89% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.34 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | -11.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Shalimar Hotel Private Limited, buy the company report.
Board of directors of Shalimar Hotel Private Limited
Shalimar Hotel has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Dinesh Advani | Director | 31 Jul 2017 | 9 Years 3 Months | Current |
| Doulat Jawhermal Advani Also directs: Terraco India Pvt Ltd, Nitin Construction and Hotel Properties Pvt Ltd., Eurobuild India Private Limited and 4 more | Director | 23 Sep 1961 | 65 Years 1 Months | Current |
| Dinesh Sajan Advani Also directs: Madison Hospitality LLP, Aces Hospitality Services LLP, R and G Advani Impex Private Limited and 3 more | Managing Director | 19 Aug 1985 | 41 Years 2 Months | Current |
| Lalit Doulat Advani Also directs: Premco Global Limited, Terraco India Pvt Ltd, Nitin Construction and Hotel Properties Pvt Ltd. and 5 more | Director | 24 Jul 1997 | 29 Years 3 Months | Current |
| Jai Doulat Advani Also directs: Terraco India Pvt Ltd, Nitin Construction and Hotel Properties Pvt Ltd., Eurobuild India Private Limited and 5 more | Director | 24 Jul 1997 | 29 Years 3 Months | Current |
| Simran Dinesh Advani Also directs: Majestic Projects Private Limited | Director | 08 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Shalimar Hotel Private Limited is audited by C B POKLE & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C B POKLE & CO | FY 2021 | 107954W |
Shareholding
The shareholding of Shalimar Hotel Private Limited 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 Shalimar Hotel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jan 2025 | 101063685 | Hdfc Bank Limited | ₹45 Lakh | Open | |
| 08 Nov 2023 | 100822609 | Others | ₹12 Lakh | Open | |
| 07 Aug 2023 | 100802252 | Others | ₹10 Lakh | Open | |
| 13 Jan 2023 | 100675767 | Others | ₹8 Lakh | Open | |
| 08 May 2017 | 100108836 | Others | ₹13 Lakh | Open |
To see the full charge records of Shalimar Hotel Private Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Shalimar Hotel Private Limited has 4 deals on record (4 secondary share transfers); the latest was in September 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Nitin Construction Hotel Properties, an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shalimar Hotel Private Limited has 5 court cases on record: 3 filed by Shalimar Hotel, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref.IDA) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Gr.Bombay Municipal Corporation and Ors. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Shalimar Hotel Private Limited, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shalimar Hotel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shalimar Hotel Private Limited has a workforce of 96 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
Shalimar Hotel has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS7887H1ZS | Maharashtra | Active | 01 Jul 2017 |
| 27AABCS7887H2ZR | Maharashtra | Active | 01 Aug 2017 |
| 27AABCS7887H3ZQ | Maharashtra | Active | 01 Apr 2020 |
| 08AABCS7887H1ZS | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shalimar Hotel Private Limited, buy the company report.
Recent activity
Shalimar Hotel Private Limited has 9 board changes on record since 1961: 6 appointments and 3 cessations. The latest: Simran Dinesh Advani was appointed as Director on 08 Mar 2021.
34 earlier events are in the company report.
Frequently asked questions
Shalimar Hotel is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 23 September 1961 (65+ years old) and is registered under CIN U55200MH1961PTC012138.
Shalimar Hotel has 6 current directors:
- Dinesh Sajan Advani - Managing Director
- Yash Dinesh Advani - Director
- Doulat Jawhermal Advani - Director
- Lalit Doulat Advani - Director
- Jai Doulat Advani - Director
- Simran Dinesh Advani - Director
The latest financial statements of Shalimar Hotel on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shalimar Hotel is 27AABCS7887H1ZS, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AABCS7887H2ZR (Maharashtra), 27AABCS7887H3ZQ (Maharashtra), 08AABCS7887H1ZS (Rajasthan).
The CIN (Corporate Identification Number) of Shalimar Hotel is U55200MH1961PTC012138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shalimar Hotel has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Shalimar Hotel was incorporated on 23 September 1961, making it 65+ years old. It is registered with the Registrar of Companies, Mumbai.
Shalimar Hotel has 4 deals on record (4 secondary share transfers); the latest was in September 2018.
Simran Dinesh Advani was appointed as Director on 08 Mar 2021. Sajan Jawhermal Advani ceased to be Managing Director on 14 Feb 2021. Simran Dinesh Advani ceased to be Director on 31 Jul 2017. Shalimar Hotel has 9 board changes on record in total.
Shalimar Hotel can be reached through the website theshalimarhotel.com. Its registered office is in Mumbai, Maharashtra, India.
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