About Sukh Sagar Hotels Private Limited
Data last updated:
Sukh Sagar Hotels Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate financing segment of the financial services sector. It was incorporated on 06 February 1995.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA1995PTC017121. Its GSTIN is 29AACCS3797H1ZU (Karnataka). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.49 Cr. It was formerly known as Sukh Sagar Hotels Limited. It was led by directors including Suresh Poojari Subba (Managing Director) and Siddharth Suresh Poojari.
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 was at No. 78 5th Main Gandhi Nagarbangalore, Karnataka, India – 560009.
As per the financials filed for FY 2019, the company reported a revenue of ₹16.68 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 6.8%) and EBITDA of ₹3.71 Cr (EBITDA margin 22.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
The company had about 17 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹1.1 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 5 cases are pending.
The last known website on record is sukhsagar.com.
Company details
CIN history
Sukh Sagar Hotels has one previous CIN (Corporate Identification Number): U55101KA1995PLC017121. The current CIN is U55101KA1995PTC017121, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101KA1995PTC017121 | Current |
| U55101KA1995PLC017121 | Previous |
Contact details
Sukh Sagar Hotels Private Limited's registered office is in Bangalore, Karnataka. Its website is sukhsagar.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo. 78 5th Main Gandhi Nagarbangalore, Karnataka, India – 560009
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Sukh Sagar Hotels 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 Sukh Sagar Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| 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. | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Sukh Sagar Hotels Private Limited, buy the company report.
Financials of Sukh Sagar Hotels Private Limited
FY 2019 filings availableSukh Sagar Hotels Private Limited reported revenue of ₹16.68 Cr (up 13% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 13% growth in the latest year. EBITDA fell 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.68 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.13 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.3% | ||||
| Net Profit Margin | 6.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sukh Sagar Hotels Private Limited, buy the company report.
Board of directors of Sukh Sagar Hotels Private Limited
Sukh Sagar Hotels has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Poojari Subba | Managing Director | 06 Feb 1995 | 31 Years 9 Months | As last reported |
| Siddharth Suresh Poojari Also directs: Phileo Restaurants LLP, Blackrain Micro Brew LLP, RSP Gourmet Foods Private Limited and 2 more | Director | 23 Dec 1998 | 27 Years 10 Months | As last reported |
| Bharat Suresh Poojari | Director | 23 Dec 1998 | 27 Years 10 Months | As last reported |
Peer comparison
Sukh Sagar Hotels Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Hotels, Real Estate Leasing), with 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 |
|---|---|---|---|---|---|---|
| Tinna Vvip Resorts Private Limited | ₹16.71 Cr (FY 2025) | 28.0% | Karnal, Haryana, India | |||
| Evm Hotels Private Limited | ₹16.7 Cr (FY 2025) | 3.0% | Kothamangalam, Kerala, India | |||
| Prabhat Hospitality Private Limited | ₹16.69 Cr (FY 2025) | 10.0% | Gurgaon, Haryana, India | |||
| Sukh Sagar Hotels Private Limitedthis company | ₹16.68 Cr (FY 2019) | ₹1.13 Cr | 6.8% | 13.0% | 17 | Bangalore, Karnataka, India |
| Parakkat Builders and Developers Private Limited | ₹16.67 Cr (FY 2024) | 46.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Sukh Sagar Hotels Private Limited, buy the company report.
Auditor
Sukh Sagar Hotels Private Limited is audited by N S V M & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S V M & ASSOCIATES | FY 2019 | 010072S |
Shareholding
The shareholding of Sukh Sagar Hotels Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sukh Sagar Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2005 | 90385095 | The Bharat Co- Op. Bank Ltd. | ₹1.1 Cr | Satisfied |
To see the full charge records of Sukh Sagar Hotels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sukh Sagar Hotels Private Limited has 13 court cases on record: 5 filed by Sukh Sagar Hotels, 8 filed against it. 5 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 2 |
| High courts | 4 | 2 | 3 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Future Generali India Insurance Co.Ltd. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Future Generali India Insurance Co.Ltd. | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Regional Provident Fund Commissioner - II | Pending |
| District court, Bilaspur, Chhattisgarh | Court case (NEGO.INST.Act) | Filed against the company by Cholamandalam I. and F. Company Ltd | Pending |
| District court, Agra, Uttar Pradesh | Criminal case | Filed against the company by Mahindra and Mahindra Financial Servises Limited | Pending |
To see the full case history of Sukh Sagar Hotels 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 Sukh Sagar Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sukh Sagar Hotels Private Limited has a workforce of 17 employees on its EPFO records as of Mar 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 17 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sukh Sagar Hotels Private Limited, buy the company report.
GST
Sukh Sagar Hotels has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS3797H1ZU | Karnataka | Active | 01 Jul 2017 |
| 27AACCS3797H1ZY | Maharashtra | Active | 31 May 2019 |
To see the full GST registrations and return filing status of Sukh Sagar Hotels Private Limited, buy the company report.
Recent activity
Sukh Sagar Hotels Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Dhanraj Suresh Poojari ceased to be Director on 08 Mar 2019.
Frequently asked questions
Sukh Sagar Hotels has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sukh Sagar Hotels was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 06 February 1995 and is registered under CIN U55101KA1995PTC017121. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sukh Sagar Hotels was incorporated on 06 February 1995. It is registered with the Registrar of Companies, Bangalore.
Sukh Sagar Hotels had 3 directors:
- Suresh Poojari Subba - Managing Director
- Siddharth Suresh Poojari - Director
- Bharat Suresh Poojari - Director
The CIN (Corporate Identification Number) of Sukh Sagar Hotels is U55101KA1995PTC017121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sukh Sagar Hotels is at No. 78 5th Main Gandhi Nagarbangalore, Karnataka, India – 560009.
Sukh Sagar Hotels can be reached through the website sukhsagar.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Sukh Sagar Hotels 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 GSTIN of Sukh Sagar Hotels is 29AACCS3797H1ZU, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCS3797H1ZY (Maharashtra).
Sukh Sagar Hotels operated in the financial services industry, in the real estate financing segment.
The peers of Sukh Sagar Hotels by revenue are Tinna Vvip Resorts Private Limited, Evm Hotels Private Limited, Prabhat Hospitality Private Limited, Parakkat Builders and Developers Private Limited, all in the Consumer Services industry (Hotels, Real Estate Leasing), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
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