- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0073075

About Vandhara Resorts Private Limited
Data last updated:
Vandhara Resorts Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 03 December 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15200MH1986PTC041780. Its GSTIN is 27AAACV1569N1ZU (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors including Nakul Nirmal Jain (Whole-Time Director) and Nishant Nirmal Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 210 2nd Floor Crystal Point Star Bazar Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.18 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹42.38 Lakh (net margin 2.2%) and EBITDA of ₹2.71 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 4% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Khanvel Resort. As per MCA filings, the company has open charges of ₹10.35 Cr and satisfied charges of ₹23.81 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Vandhara Resorts Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0073075). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website khanvelresort.com.
Company details
Recognitions & Rankings of Vandhara Resorts
Contact details
Vandhara Resorts Private Limited's registered office is in Mumbai, Maharashtra. Its website is khanvelresort.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address210 2nd Floor Crystal Point Star Bazar Link Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Vandhara Resorts 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
Brands
Vandhara Resorts operates one associated brand: Khanvel Resort. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a standalone hotel, delivering high-quality lodging and guest services. | khanvelresort.com |
Business activity
The main business activity of Vandhara Resorts is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| 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. |
To see the full business activity and turnover split of Vandhara Resorts Private Limited, buy the company report.
Financials of Vandhara Resorts Private Limited
FY 2024 filings availableVandhara Resorts Private Limited reported revenue of ₹19.18 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 53% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.71 Cr | ||||
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| Net Profit (PAT) | ₹42.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Vandhara Resorts Private Limited, buy the company report.
Board of directors of Vandhara Resorts Private Limited
Vandhara Resorts has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishant Nirmal Jain | Director | 12 Jul 2018 | 8 Years 4 Months | Current |
| Nirmal Kumar Gigalal Jain Also directs: Shree Sailone Synthetics Private Limited, Vandhara Industries Private Limited, Sea Mist Properties Pvt Ltd and 1 more | Director | 05 Dec 2022 | 3 Years 11 Months | Current |
| Nakul Nirmal Jain Also directs: Sea Mist Properties Pvt Ltd, Silvassa Estates Private Limited, Lovin Trading Company Private Limited and 1 more | Whole-Time Director | 20 Dec 2004 | 21 Years 10 Months | Current |
Peer comparison
Vandhara Resorts Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Hotels, Resorts), 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 |
|---|---|---|---|---|---|---|
| Jodhana Heritage Resorts Private Limited | ₹19.24 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Total Fresh Food Product Private Limited | ₹19.19 Cr (FY 2024) | 72.0% | Lucknow, Uttar Pradesh, India | |||
| Mann Residency Private Limited | ₹19.19 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Vandhara Resorts Private Limitedthis company | ₹19.18 Cr (FY 2024) | ₹42.38 Lakh | 2.2% | -7.0% | 72 | Mumbai, Maharashtra, India |
| Shamrock Global Private Limited | ₹19.17 Cr (FY 2025) | 33.0% | Raipur, Chhattisgarh, India | |||
| Mars Hotels and Resorts Private Limited | ₹19.14 Cr (FY 2022) | -40.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vandhara Resorts Private Limited, buy the company report.
Auditor
Vandhara Resorts Private Limited is audited by JAIN & KOTHARI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN & KOTHARI | FY 2023 | 103870W |
Shareholding
The shareholding of Vandhara Resorts Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vandhara Resorts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2022 | 100657715 | Others | ₹3.25 Cr | Open | |
| 28 Apr 2018 | 100175602 | Others | ₹2.1 Cr | Open | |
| 31 Mar 1997 | 90213019 | The Vysta Bank Ltd; | ₹5 Cr | Open | |
| 26 Mar 2021 | 100439560 | Others | ₹3 Cr | Satisfied | |
| 30 Mar 2013 | 10427864 | State Bank of India | ₹11.21 Cr | Satisfied |
To see the full charge records of Vandhara Resorts Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Vandhara Resorts Private Limited has 1 court case on record: 1 filed by Vandhara Resorts. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Vandhara Resorts 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
Vandhara Resorts Private Limited has 3 MSME Form 1 returns on record between 2018 and 2019, listing 62 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Moguls Online Private Limited | |||
| Acme Retail Ventures Private Limited |
To see the full MSME payment records of Vandhara Resorts Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vandhara Resorts Private Limited has a workforce of 72 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 72 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 | |
| FY 2013-14 | |
| FY 2012-13 | |
| FY 2011-12 | |
| FY 2010-11 | |
| FY 2009-10 | |
| FY 2008-09 | |
| FY 2007-08 | |
| FY 2006-07 |
To see the full employee and EPFO history of Vandhara Resorts Private Limited, buy the company report.
GST
Vandhara Resorts has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV1569N1ZU | Maharashtra | Active | 01 Sep 2017 |
| 26AAACV1569N1ZW | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
| 08AAACV1569N1ZU | Rajasthan | Active | 16 May 2023 |
To see the full GST registrations and return filing status of Vandhara Resorts Private Limited, buy the company report.
Recent activity
Vandhara Resorts Private Limited has 9 board changes on record since 2004: 3 appointments and 6 cessations. The latest: Nirmal Kumar Gigalal Jain was appointed as Director on 05 Dec 2022.
17 earlier events are in the company report.
Frequently asked questions
Vandhara Resorts is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 03 December 1986 (40+ years old) and is registered under CIN U15200MH1986PTC041780.
Vandhara Resorts has 3 current directors:
- Nakul Nirmal Jain - Whole-Time Director
- Nishant Nirmal Jain - Director
- Nirmal Kumar Gigalal Jain - Director
The latest financial statements of Vandhara Resorts on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vandhara Resorts is 27AAACV1569N1ZU, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 26AAACV1569N1ZW (Dadra and Nagar Haveli and Daman and Diu), 08AAACV1569N1ZU (Rajasthan).
The CIN (Corporate Identification Number) of Vandhara Resorts is U15200MH1986PTC041780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vandhara Resorts has 1 court case on record: 1 filed by the company.
Vandhara Resorts was incorporated on 03 December 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vandhara Resorts by revenue are Jodhana Heritage Resorts Private Limited, Total Fresh Food Product Private Limited, Mann Residency Private Limited, Shamrock Global Private Limited, Mars Hotels and Resorts Private Limited, all in the Consumer Services industry (Hotels, Resorts), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Nirmal Kumar Gigalal Jain was appointed as Director on 05 Dec 2022. Nakul Nirmal Jain ceased to be Director on 21 Jul 2022. Nirmal Kumar Gigalal Jain ceased to be Managing Director on 31 Dec 2018. Vandhara Resorts has 9 board changes on record in total.
Yes, Vandhara Resorts is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0073075).
Vandhara Resorts has 3 MSME Form 1 returns on record between 2018 and 2019, listing 62 overdue payments to 9 micro and small suppliers. The latest return was filed on 11 Nov 2019.
Vandhara Resorts can be reached through the website khanvelresort.com. Its registered office is in Mumbai, Maharashtra, India.

