DPIIT recognised startup Government of India
Startup India
Thrive Hospitality Private Limited
Thrive Hospitality Private Limited - travel and hospitality in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4.71 Lakh
▼ 55% YoY
Net loss · FY 2023
₹2,535
Net margin -0.5%
EBITDA · FY 2023
-₹392
EBITDA margin -0.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Thrive Hospitality Private Limited
Data last updated:
Thrive Hospitality Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 06 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55101DL2019PTC353543. Its GSTIN is 07AAHCT4563F1Z8 (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kayzad Marzban Sadri and Simrita Arora.
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 is at House No 66 2nd Floor Shakti Vihar Pitampura, Delhi, India – 110034.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.71 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹2,535 (net margin -0.5%) and EBITDA of -₹392 (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years.
Company details
CIN U55101DL2019PTC353543
Registration Number 353543
Incorporation Date 06 August 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Thrive Hospitality
Contact details
Thrive Hospitality Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressHouse No 66 2nd Floor Shakti Vihar Pitampura, Delhi, India – 110034
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Thrive Hospitality Private Limited, buy the company report.
Comprehensive company report
Thrive Hospitality Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Thrive Hospitality is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Thrive Hospitality Private Limited, buy the company report.
Financials of Thrive Hospitality Private Limited
FY 2023 filings availableThrive Hospitality Private Limited reported revenue of ₹4.71 Lakh (down 55% YoY) for FY 2023.
Revenue · FY 2023
₹4.71 Lakh ▼ 55%
Net loss · FY 2023
₹2,535 margin -0.5%
EBITDA · FY 2023
-₹392 margin -0.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 51%
EBITDA CAGR growth
1 year
▼ 102%
3 years · compounded
▲ 78%
Revenue fell 55% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 51%. EBITDA fell 102% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹392 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2,535 | |||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.1% | |||
| Net Profit Margin | -0.5% | |||
| 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 Thrive Hospitality Private Limited, buy the company report.
Board of directors of Thrive Hospitality Private Limited
Thrive Hospitality has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kayzad Marzban Sadri Also directs: Le Genesis Hospitality Services LLP | Additional Director | 24 Sep 2021 | 5 Years 1 Months | Current |
| Simrita Arora Also directs: Gold Leaf Hospitality LLP | Additional Director | 24 Sep 2021 | 5 Years 1 Months | Current |
Legal cases
No court or tribunal cases involving Thrive Hospitality 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 Thrive Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thrive Hospitality has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCT4563F1Z8 | Delhi | Active | 17 Aug 2019 |
To see the full GST registrations and return filing status of Thrive Hospitality Private Limited, buy the company report.
Recent activity
Thrive Hospitality Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Meet Singh Malhotra ceased to be Director on 19 Jun 2023.
AGM
Thrive Hospitality Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Meet Singh Malhotra ceased to be Director.
Filing
Thrive Hospitality Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Ceased
Joginder Pal Singh ceased to be Director.
Appointed
Kayzad Marzban Sadri was appointed as Additional Director.
Appointed
Simrita Arora was appointed as Additional Director.
Incorporation
06 Aug 2019
Thrive Hospitality Private Limited was registered on 06 Aug 2019 with Roc Delhi & aged 7 years 2 months as per MCA records.
Frequently asked questions
Thrive Hospitality is an active private limited company based in Delhi, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 06 August 2019 (7+ years old) and is registered under CIN U55101DL2019PTC353543.
Thrive Hospitality has 2 current directors:
- Kayzad Marzban Sadri - Additional Director
- Simrita Arora - Additional Director
The latest financial statements of Thrive Hospitality on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Thrive Hospitality is 07AAHCT4563F1Z8, registered in Delhi.
The CIN (Corporate Identification Number) of Thrive Hospitality is U55101DL2019PTC353543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thrive Hospitality was incorporated on 06 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Meet Singh Malhotra ceased to be Director on 19 Jun 2023. Joginder Pal Singh ceased to be Director on 24 Sep 2021. Kayzad Marzban Sadri was appointed as Additional Director on 24 Sep 2021. Thrive Hospitality has 4 board changes on record in total.
Yes, Thrive Hospitality is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Thrive Hospitality is at House No 66 2nd Floor Shakti Vihar Pitampura, Delhi, India – 110034.
Thrive Hospitality operates in the travel and hospitality industry, in the restaurants and dining services segment.
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