About Tholasi Hotels Private Limited
Data last updated:
Tholasi Hotels Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 05 November 1999.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA1999PTC025926. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors including Varun Tholasi (Whole-Time Director) and Tholasi Aswathanarayana Setty Raghavendra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at No.9 Railway Parallel Road Kumar Park East, Bangalore, Karnataka, India – 560001.
As per MCA filings, the company had satisfied charges of ₹46.25 Lakh on record. Court records list 2 cases involving the company.
The last known website on record is basilhotels.com.
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- Website
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- Registered AddressNo.9 Railway Parallel Road Kumar Park East, Bangalore, Karnataka, India – 560001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
- One PDF report, delivered after checkout
Financials of Tholasi Hotels Private Limited FY 2023 filings available
Financial Statement Summary of Tholasi Hotels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Tholasi Hotels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Tholasi Hotels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Tholasi Hotels Private Limited
Tholasi Hotels Private Limited is audited by KRAVI&ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KRAVI&ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Tholasi Hotels Private Limited
Tholasi Hotels has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Tholasi Also directs: Tholasi Ventures LLP, Basil Hotels Private Limited, Basil FNB Private Limited and 3 more | Whole-Time Director | 21 Nov 2006 | 19 Years 10 Months | As last reported |
| Tholasi Aswathanarayana Setty Raghavendra Also directs: Basil Hotels Private Limited, Tholasi Prints India Private Limited | Whole-Time Director | 05 Nov 1999 | 26 Years 11 Months | As last reported |
| Tholasi Vivek Also directs: Tholasi Ventures LLP, Basil Hotels Private Limited, Basil FNB Private Limited and 3 more | Whole-Time Director | 05 Nov 1999 | 26 Years 11 Months | As last reported |
| Gautam Tholasi Raghavendra Also directs: Tholasi Ventures LLP, Basil Hotels Private Limited, Basil FNB Private Limited and 1 more | Whole-Time Director | 09 Nov 2002 | 23 Years 10 Months | As last reported |
| Tholas Aswatha Narayana Setty Nataraj Also directs: Basil Hotels Private Limited, Tholasi Prints India Private Limited | Whole-Time Director | 05 Nov 1999 | 26 Years 11 Months | As last reported |
Ownership and Shareholding of Tholasi Hotels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Tholasi Hotels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2007 | Axis Bank Limited | ₹26.25 Lakh | Satisfied |
| 27 Dec 2005 | Hdfc Bank Limited | ₹20 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Tholasi Hotels Private Limited
Tholasi Hotels Private Limited has 2 court cases on record: 2 where it is another party. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Execution petition | Company is another party | Disposed |
| District court, MYSURU, Karnataka | Motor accident claim | Company is another party | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Tholasi Hotels Private Limited
Tholasi Hotels Private Limited has a workforce of 0 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Tholasi Hotels Private Limited
Tholasi Hotels Private Limited has 5 board changes on record since 1999: 5 appointments. The latest: Varun Tholasi was appointed as Whole-Time Director on 21 Nov 2006.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tholasi Hotels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Tholasi Hotels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Tholasi Hotels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Tholasi Hotels Private Limited
Tholasi Hotels has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Tholasi Hotels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Tholasi Hotels Private Limited
Tholasi Hotels has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Tholasi Hotels was a private limited company based in Bangalore, Karnataka, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 05 November 1999 and is registered under CIN U55101KA1999PTC025926. The company has been struck off by the Registrar of Companies and is no longer operational.
Tholasi Hotels had 5 directors:
- Varun Tholasi - Whole-Time Director
- Tholasi Aswathanarayana Setty Raghavendra - Whole-Time Director
- Tholasi Vivek - Whole-Time Director
- Gautam Tholasi Raghavendra - Whole-Time Director
- Tholas Aswatha Narayana Setty Nataraj - Whole-Time Director
The CIN (Corporate Identification Number) of Tholasi Hotels is U55101KA1999PTC025926. 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 Tholasi Hotels is at No.9 Railway Parallel Road Kumar Park East, Bangalore, Karnataka, India – 560001.
Tholasi Hotels was incorporated on 05 November 1999. It is registered with the Registrar of Companies, Bangalore.
Tholasi Hotels can be reached through the website basilhotels.com. Its registered office is in Bangalore, Karnataka, India.
Tholasi Hotels has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh.
No. Tholasi Hotels has 2 GST registrations on record and all of them are cancelled or inactive.
Tholasi Hotels operated in the travel and hospitality industry, in the hotel and accommodation services segment. It worked in this industry before it was struck off.