Veer Motels & Resorts (P) Ltd.
About Veer Motels & Resorts (P) Ltd.
Data last updated:
Veer Motels & Resorts (P) Ltd. is a private limited company based in Amritsar, Punjab, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 24 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55100PB2004PTC027239. Its GSTIN is 03AABCV9235C1ZN (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Kulwinderjit Singh Anand and Narinder Mohan Sharma.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hotel Shiraz Continental Queens Road, Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.62 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹12.35 Lakh (net margin -21.4%) and EBITDA of -₹3,000 (EBITDA margin -0.1%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹49.8 Lakh and satisfied charges of ₹2.34 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Veer Motels & Resorts (P) Ltd.'s registered office is in Amritsar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHotel Shiraz Continental Queens Road, Amritsar, Punjab, India – 143001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Veer Motels & Resorts (P) Ltd., 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 Veer Motels & Resorts (P) 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 Veer Motels & Resorts (P) Ltd., buy the company report.
Financials of Veer Motels & Resorts (P) Ltd.
FY 2025 filings availableVeer Motels & Resorts (P) Ltd. reported revenue of ₹57.62 Lakh (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 7% fall in the latest year. EBITDA fell 100% 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 |
|---|---|---|---|---|---|
| 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 | -₹3,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.35 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -21.4% | ||||
| 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 Veer Motels & Resorts (P) Ltd., buy the company report.
Board of directors of Veer Motels & Resorts (P) Ltd.
Veer Motels & Resorts (P) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kulwinderjit Singh Anand Also directs: Aikyam Resorts LLP, Aikyam Hotels Private Limited | Director | 24 Jun 2004 | 22 Years 4 Months | Current |
| Narinder Mohan Sharma Also directs: Aikyam Resorts LLP, Aikyam Hotels Private Limited, Golden Route Hotels Private Limited and 2 more | Director | 05 Apr 2012 | 14 Years 6 Months | Current |
| Sameer Sharma Also directs: Golden Route Hotels Private Limited | Director | 05 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Veer Motels & Resorts (P) Ltd. is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Chapri Cruises India Private Limited | ₹57.88 Lakh (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Ravi Vinay Hotels Private Limited | ₹57.77 Lakh (FY 2024) | 16.0% | Madepura, Bihar, India | |||
| Economic Hotels and Resorts Private Limited | ₹57.68 Lakh (FY 2024) | 2.0% | Udaipur, Rajasthan, India | |||
| Hotel Blue Waves Private Limited | ₹57.67 Lakh (FY 2024) | -33.0% | Port Blair, Andaman and Nicobar Islands, India | |||
| Veer Motels & Resorts (P) Ltd.this company | ₹57.62 Lakh (FY 2024) | -₹12.35 Lakh | -21.4% | -7.0% | Amritsar, Punjab, India | |
| Valyou Hospitality Private Limited | ₹57.62 Lakh (FY 2022) | 12.0% | New Delhi, Delhi, India | |||
| Mittal Resorts Private Limited | ₹57.59 Lakh (FY 2025) | -15.0% | Punjab, India | |||
| Ambarish Builders Pvt Ltd | ₹57.57 Lakh (FY 2024) | 30.0% | Assam, India | |||
| Ashamukti Hotels Private Limited | ₹57.54 Lakh (FY 2024) | -15.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Veer Motels & Resorts (P) Ltd., buy the company report.
Auditor
Veer Motels & Resorts (P) Ltd. is audited by ARORA KHANNA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARORA KHANNA & ASSOCIATES | FY 2020 | 005427N |
Shareholding
The shareholding of Veer Motels & Resorts (P) Ltd. is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Veer Motels & Resorts (P) Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2020 | 100388838 | Axis Bank Limited | ₹5 Lakh | Open | |
| 21 Aug 2020 | 100388661 | Axis Bank Limited | ₹4.8 Lakh | Open | |
| 17 Apr 2018 | 100177855 | Axis Bank Limited | ₹40 Lakh | Open | |
| 21 Jul 2009 | 10169650 | Oriental Bank of Commerce | ₹1.45 Cr | Satisfied | |
| 31 May 2005 | 90174545 | Lord Krishna Bank | ₹6 Lakh | Satisfied |
To see the full charge records of Veer Motels & Resorts (P) Ltd., buy the company report.
Total charge records: 8 View all charges
Legal cases
Veer Motels & Resorts (P) Ltd. has 3 court cases on record: 1 filed by Veer Motels & Resorts (P), 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amritsar, Punjab | Cheque dishonour complaint | Filed by the company against Catmoss Retail Ltd. | Disposed |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Veer Motels & Resorts (P) Ltd., 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 Veer Motels & Resorts (P) Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veer Motels & Resorts (P) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCV9235C1ZN | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veer Motels & Resorts (P) Ltd., buy the company report.
Recent activity
Veer Motels & Resorts (P) Ltd. has 8 board changes on record since 2004: 3 appointments and 5 cessations. The latest: Narinder Mohan Sharma ceased to be Additional Director on 29 Sep 2012.
14 earlier events are in the company report.
Frequently asked questions
Veer Motels & Resorts (P) is an active private limited company based in Amritsar, Punjab, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 24 June 2004 (22+ years old) and is registered under CIN U55100PB2004PTC027239.
Veer Motels & Resorts (P) has 3 current directors:
- Kulwinderjit Singh Anand - Director
- Narinder Mohan Sharma - Director
- Sameer Sharma - Director
The latest financial statements of Veer Motels & Resorts (P) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Veer Motels & Resorts (P) is 03AABCV9235C1ZN, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Veer Motels & Resorts (P) is U55100PB2004PTC027239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veer Motels & Resorts (P) has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Veer Motels & Resorts (P) was incorporated on 24 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Veer Motels & Resorts (P) by revenue are Chapri Cruises India Private Limited, Ravi Vinay Hotels Private Limited, Economic Hotels and Resorts Private Limited, Hotel Blue Waves Private Limited, Valyou Hospitality Private Limited and 3 more, 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.).
Narinder Mohan Sharma ceased to be Additional Director on 29 Sep 2012. Sameer Sharma ceased to be Additional Director on 29 Sep 2012. Rohit Sharma ceased to be Director on 06 Apr 2012. Veer Motels & Resorts (P) has 8 board changes on record in total.
The registered office of Veer Motels & Resorts (P) is at Hotel Shiraz Continental Queens Road, Amritsar, Punjab, India – 143001.
Veer Motels & Resorts (P) operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
