Sharan Hospitality Private Limited
About Sharan Hospitality Private Limited
Data last updated:
Sharan Hospitality Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Triple Ess Realtors Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the business support services segment of the business services sector. It was incorporated on 24 July 2002.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2002PTC136595. Its GSTIN is 27AAGCS8608F2Z5 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹14.25 Cr and a paid-up capital of ₹14.03 Cr. It is led by directors including Vikas Sethi and Amit Chandrashekhar Poddar (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Ground Floor Gys Infinity Paranjpe 'B' Scheme Subhash Road Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2019, the company reported a revenue of ₹11.11 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹4.05 Cr (net margin -36.5%) and EBITDA of ₹8.48 Cr (EBITDA margin 76.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
As per MCA filings, the company has open charges of ₹74 Cr and satisfied charges of ₹1,757.8 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 1 case is pending.
Company details
Contact details
Sharan Hospitality Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGround Floor Gys Infinity Paranjpe 'B' Scheme Subhash Road Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryBusiness Services, Business Support Services
To see the full contact details of Sharan Hospitality 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 Sharan Hospitality is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Sharan Hospitality Private Limited, buy the company report.
Financials of Sharan Hospitality Private Limited
FY 2019 filings availableSharan Hospitality Private Limited reported revenue of ₹11.11 Cr (up 3% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 2% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹8.48 Cr | ||||
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| Net Profit (PAT) | -₹4.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 76.4% | ||||
| Net Profit Margin | -36.5% | ||||
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To see the full financial statements and ratios of Sharan Hospitality Private Limited, buy the company report.
Board of directors of Sharan Hospitality Private Limited
Sharan Hospitality has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Sethi Also directs: Triple Ess Realtors Private Limited, Humby Developers Private Limited, Pious Buildwell Private Limited and 3 more | Director | 27 Oct 2018 | 8 Years 0 Months | As last reported |
| Amit Chandrashekhar Poddar | Irp/Rp/Liquidator | 28 Dec 2023 | 2 Years 10 Months | As last reported |
| Yashpal Kapoor Also directs: Triple Ess Realtors Private Limited, PCVS Educational Foundation | Director | 08 Feb 2019 | 7 Years 9 Months | As last reported |
Auditor
Sharan Hospitality Private Limited is audited by DEEPAK K THAKKAR & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK K THAKKAR & ASSOCIATES | FY 2016 | 016853N |
Shareholding
The shareholding of Sharan Hospitality 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 Sharan Hospitality Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2016 | 100039045 | Idbi Trusteeship Services Limited | ₹74 Cr | Open | |
| 18 Jun 2011 | 10291681 | Idbi Trusteeship Services Limited | ₹1,455.8 Cr | Satisfied | |
| 31 Mar 2010 | 10216833 | Yes Bank Limited | ₹70 Cr | Satisfied | |
| 19 Apr 2008 | 10106588 | Hdfc Bank Limited | ₹72 Cr | Satisfied | |
| 31 Mar 2008 | 10102309 | Hdfc Bank Limited | ₹80 Cr | Satisfied |
To see the full charge records of Sharan Hospitality Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Sharan Hospitality Private Limited has 9 court cases on record: 1 filed by Sharan Hospitality, 8 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 4 | 0 |
| High courts | 2 | 1 | 1 |
| NCLT | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Majestic Auto Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Majestic Auto Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Axis Bank Ltd. | Disposed |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed against the company by Majestic Auto Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Majestic Auto Limited | Disposed |
To see the full case history of Sharan Hospitality 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.
Credit ratings & regulatory alerts
Sharan Hospitality Private Limited was last rated by Care on 12 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 12 Jun 2020 |
To see the full credit ratings and regulatory alerts of Sharan Hospitality Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sharan Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sharan Hospitality has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCS8608F2Z5 | Maharashtra | Active | 06 May 2020 |
To see the full GST registrations and return filing status of Sharan Hospitality Private Limited, buy the company report.
Recent activity
Sharan Hospitality Private Limited has 14 board changes on record since 2007: 3 appointments and 11 cessations. The latest: Amit Chandrashekhar Poddar was appointed as Irp/Rp/Liquidator on 28 Dec 2023.
18 earlier events are in the company report.
Frequently asked questions
Sharan Hospitality is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sharan Hospitality is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 24 July 2002 and is registered under CIN U55101MH2002PTC136595. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sharan Hospitality has 3 current directors:
- Vikas Sethi - Director
- Yashpal Kapoor - Director
- Amit Chandrashekhar Poddar - Irp/Rp/Liquidator
The latest financial statements of Sharan Hospitality on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sharan Hospitality is U55101MH2002PTC136595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharan Hospitality has open charges of ₹74 Cr and satisfied charges of ₹1,757.8 Cr as per latest MCA filings.
Sharan Hospitality has 9 court cases on record: 1 filed by the company and 8 filed against it. 1 is pending. Most are in the nclat.
Sharan Hospitality was incorporated on 24 July 2002. It is registered with the Registrar of Companies, Mumbai.
Amit Chandrashekhar Poddar was appointed as Irp/Rp/Liquidator on 28 Dec 2023. Vikas Sethi ceased to be Additional Director on 30 Sep 2019. Yashpal Kapoor ceased to be Additional Director on 30 Sep 2019. Sharan Hospitality has 14 board changes on record in total.
The registered office of Sharan Hospitality is at Ground Floor Gys Infinity Paranjpe B Scheme Subhash Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
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