Shanti Combine Private Limited
About Shanti Combine Private Limited
Data last updated:
Shanti Combine Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the hostel segment of the tourism and accommodation sector. It was incorporated on 30 June 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U55101OR1981PTC000959. Its GSTIN is 21AACCS4465J1ZE (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16.25 Lakh. It is led by directors including Mehul D Rathor (Managing Director) and Pallavi Dipak Rathor.
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 Ice Factory Roadcollege Square, Cuttack, Odisha, India – 753003.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.96 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹6.9 Lakh (net margin 3.5%) and EBITDA of ₹31.79 Lakh (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 12% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹17 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shanti Combine Private Limited's registered office is in Cuttack, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIce Factory Roadcollege Square, Cuttack, Odisha, India – 753003
- IndustryTourism And Accommodation, Hostel, Holiday Homes, Resorts, Inns, Accommodation Services By Hotel
To see the full contact details of Shanti Combine 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
Business activity
The main business activity of Shanti Combine is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Shanti Combine Private Limited, buy the company report.
Financials of Shanti Combine Private Limited
FY 2025 filings availableShanti Combine Private Limited reported revenue of ₹1.96 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 5% growth in the latest year. EBITDA fell 3% 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 | ₹31.79 Lakh | ||||
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| Net Profit (PAT) | ₹6.9 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 | 16.2% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Shanti Combine Private Limited, buy the company report.
Board of directors of Shanti Combine Private Limited
Shanti Combine has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul D Rathor | Managing Director | 01 Apr 1998 | 28 Years 7 Months | Current |
| Pallavi Dipak Rathor Also directs: Eco Boon Apparels Private Limited | Director | 01 Jun 2013 | 13 Years 5 Months | Current |
| Payal M Rathor | Director | 01 Jun 2013 | 13 Years 5 Months | Current |
| Bharati Rathor Also directs: Eco Boon Apparels Private Limited | Director | 01 Oct 2008 | 18 Years 1 Months | Current |
Peer comparison
Shanti Combine Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Auberge Palms Hospitality Private Limited | ₹1.97 Cr (FY 2025) | -14.0% | Pipariya, Madhya Pradesh, India | |||
| Mohan Commercial Co Pvt Ltd | ₹1.97 Cr (FY 2025) | -6.0% | Sri Ganganagar, Rajasthan, India | |||
| Ang Farms and Resorts Private Limited | ₹1.97 Cr (FY 2023) | 109.0% | Pune, Maharashtra, India | |||
| Initbot Innovation (OPC) Private Limited | ₹1.97 Cr (FY 2025) | 45.0% | Patna, Bihar, India | |||
| Le Madhulika Hospitalities Private Limited | ₹1.97 Cr (FY 2016) | Bikaner, Rajasthan, India | ||||
| Shanti Combine Private Limitedthis company | ₹1.96 Cr (FY 2025) | ₹6.9 Lakh | 3.5% | 5.0% | 14 | Cuttack, Odisha, India |
| Nainital Hotel Company Private Limited | ₹1.96 Cr (FY 2024) | 28.0% | Lucknow, Uttar Pradesh, India | |||
| M.G. Hotels Private Limited | ₹1.96 Cr (FY 2025) | 70.0% | Agra, Uttar Pradesh, India | |||
| Aanandinii Resorts & Villas Private Limited | ₹1.96 Cr (FY 2022) | 26.0% | Marunji Mulashi, Maharashtra, India | |||
| Jatipura Giriraj Hotel Private Limited | ₹1.96 Cr (FY 2025) | 993.0% | Gorakhpur, Uttar Pradesh, India | |||
| Ezeerooms Accomodation Private Limited | ₹1.96 Cr (FY 2025) | -77.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shanti Combine Private Limited, buy the company report.
Auditor
Shanti Combine Private Limited is audited by ROWE & PAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROWE & PAL | FY 2017 | 304017E |
Shareholding
The shareholding of Shanti Combine Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shanti Combine Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 1981 | 80063684 | Orissa State Financial Corporation | ₹10 Lakh | Satisfied | |
| 09 Dec 1981 | 90078618 | Industrial Promotion and Investment Corporation of Orrisa Lt | ₹7 Lakh | Satisfied |
To see the full charge records of Shanti Combine Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Shanti Combine Private Limited 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 Shanti Combine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shanti Combine Private Limited has a workforce of 14 employees on its EPFO records as of May 2026.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 14 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2011-12 | |
| FY 2010-11 | |
| FY 2009-10 | |
| FY 2008-09 |
To see the full employee and EPFO history of Shanti Combine Private Limited, buy the company report.
GST
Shanti Combine has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCS4465J1ZE | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shanti Combine Private Limited, buy the company report.
Recent activity
Shanti Combine Private Limited has 7 board changes on record since 1981: 5 appointments and 2 cessations. The latest: Pallavi Dipak Rathor was appointed as Director on 01 Jun 2013.
2 earlier events are in the company report.
Frequently asked questions
Shanti Combine is an active private limited company based in Cuttack, Odisha, India. The company works in hostel, within the tourism and accommodation industry. It was incorporated on 30 June 1981 (45+ years old) and is registered under CIN U55101OR1981PTC000959.
Shanti Combine has 4 current directors:
- Mehul D Rathor - Managing Director
- Pallavi Dipak Rathor - Director
- Payal M Rathor - Director
- Bharati Rathor - Director
The latest financial statements of Shanti Combine 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 Shanti Combine is 21AACCS4465J1ZE, registered in Odisha. 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 Shanti Combine is U55101OR1981PTC000959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shanti Combine was incorporated on 30 June 1981, making it 45+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Shanti Combine by revenue are Auberge Palms Hospitality Private Limited, Mohan Commercial Co Pvt Ltd, Ang Farms and Resorts Private Limited, Initbot Innovation (OPC) Private Limited, Le Madhulika Hospitalities Private Limited and 5 more, all in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Pallavi Dipak Rathor was appointed as Director on 01 Jun 2013. Payal M Rathor was appointed as Director on 01 Jun 2013. Mehul D Rathor ceased to be Director on 28 Feb 2013. Shanti Combine has 7 board changes on record in total.
The registered office of Shanti Combine is at Ice Factory Roadcollege Square, Cuttack, Odisha, India – 753003.
Shanti Combine operates in the tourism and accommodation industry, in the hostel segment.
Shanti Combine has no open charges and satisfied charges of ₹17 Lakh as per latest MCA filings.
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