Siesta Hospitality Services Limited - Company Profile

It is a travel and hospitality public limited company based in Bangalore, Karnataka, India, established in 2005.

2005 Bangalore, Karnataka, India Under Cirp

Last Updated: July 01, 2025

About Siesta Hospitality Services Limited

Siesta Hospitality Services Limited, a under cirp public limited company, was established on 02 December 2005 in Bangalore, Karnataka, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U63040KA2005PLC037834. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹1.62 Cr.

Formerly known as Siesta Hospitality Services Private Limited. It upholds a compliant status. Employing 15 professional, Its leadership includes Amalnathan Manikasamy Retnam (Whole-Time Director), Ashok Chattaraj (Managing Director), Rustom Dinshaw Batlivala (Nominee Director). Past directors included Rajni Chattaraj, Amalnathan Manikasamy Retnam, Ashok Chattaraj. It holds ₹125.90 Cr open charges and ₹108.65 Cr settled loans. Its latest AGM occurred on 31 January 2022, with the balance sheet filed on 31 March 2021. It is based at S-621, 6Th Floor, South Block, 47, Dickenson Road,, Bangalore, Karnataka, 560042.

Company Details

CIN/LLPIN
U63040KA2005PLC037834
Registration Number
037834
Incorporation Date
02 December 2005
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹1.62 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Under Cirp

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 01-07-2025
Paid Up Capital ₹ 1.62 Cr as on 01-07-2025
Company Age 20 Year, 3 Months
Last Filing with ROC 31 Mar 2021
Open Charges ₹ 125.90 Cr as on 01-07-2025
Satisfied Charges ₹ 108.65 Cr as on 01-07-2025
Revenue Growth **** -51.04% (FY 2021)
Profit Growth **** -3434.89% (FY 2021)
Ebitda **** -37.42% (FY 2021)
Net Worth -54.12% (FY 2021)
Total Assets -24.57% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Siesta Hospitality Services 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 Siesta Hospitality Services Limited?

Current Directors

Name	Designation	Appointment Date	Status
Amalnathan Manikasamy Retnam	Whole-Time Director	02 Dec 2005	Current
Ashok Chattaraj	Managing Director	19 Jan 2006	Current
Rustom Dinshaw Batlivala	Nominee Director	10 Jul 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	16 Feb 2008	Past
Pramod Abcsdd	Director	16 Feb 2008	Past
Pramod Abcsdd	Director	16 Feb 2008	Past
Pramod Abcsdd	Additional Director	10 Oct 2015	Past
Pramod Abcsdd	Additional Director	11 Dec 2014	Past
Pramod Abcsdd	Additional Director	31 Mar 2016	Past

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Financial Performance of Siesta Hospitality Services.

Siesta Hospitality Services Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 51.04% decrease. The company also saw a substantial fall in profitability, with a 3434.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 54.12%.

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

********

-51.04%

*******

Revenue from Operations

*******

-50.90%

*******

Total Assets

*******

-24.57%

*******

Profit or Loss

*******

-3434.89%

*******

Net Worth

*******

-54.12%

*******

EBITDA

*******

-37.42%

*******

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What is the Ownership and Shareholding Structure of Siesta Hospitality Services?

In 2021, Siesta Hospitality Services had a promoter holding of 72.45% and a public holding of 27.55%. 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

₹1,259,034,990.00

Satisfied Charges

₹1,086,500,000.00

Charges Breakdown by Lending Institutions

Others : 93.18 Cr
Axis Bank Limited : 16.09 Cr
Hdfc Bank Limited : 12.47 Cr
Yes Bank Limited : 4.17 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Mar 2021	Others	₹5.98 M	Open
19 Mar 2021	Others	₹7.31 M	Open
11 Oct 2020	Others	₹1.13 Cr	Open
28 May 2020	Others	₹3.15 Cr	Open
12 Oct 2019	Others	₹1.50 Cr	Open

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How Many Employees Work at Siesta Hospitality Services?

Siesta Hospitality Services has a workforce of 15 employees as of Mar 27, 2024. 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 Siesta Hospitality Services, 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 Siesta Hospitality Services'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 Siesta Hospitality Services

Recent Activity within the Organization

Charges

The activity A charge with Yes Bank Limited of Rs. 4.17 Cr registered on 14 May 2015 with Charge ID 10574484 was modified on 28 Apr 2022. was completed.
28 Apr 2022
Annual General Meeting

The activity Siesta Hospitality Services Limited last Annual general meeting of members was held on 31 Jan 2022 as per latest MCA records. was completed.
31 Jan 2022
Balance Sheet

Progress on Siesta Hospitality Services Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore. was documented.
31 Mar 2021
Charges

Progress on A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100444589 was registered on 23 Mar 2021. was documented.
23 Mar 2021
Charges

Progress on A charge with Others amounted to Rs. 0.73 Cr with Charge ID 100452777 was registered on 19 Mar 2021. was documented.
19 Mar 2021
Charges

The activity A charge with Axis Bank Limited of Rs. 16.09 Cr registered on 31 Dec 2012 with Charge ID 10399782 was modified on 25 Feb 2021. was completed.
25 Feb 2021

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