- #1,750 Anand Sancheti & family ₹1,000 Cr

Veetrag Hospitality Private Limited
About Veetrag Hospitality Private Limited
Data last updated:
Veetrag Hospitality Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 29 May 2000 and has been in existence for over 26 years.
Its director Anand Sancheti and family are #1,750 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U04520CT2000PTC014243. Its GSTIN is 07AABCV7721P1ZT (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.74 Lakh. It was formerly known as Veetrag Developers Private Limited. It is led by directors including Anand Shaktikumar Sancheti and Akshay Abhay Sancheti.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O Manvendra Daftari1 – 2A 1 Sahkari Marg Choubey Colony Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.64 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹22.77 Lakh (net margin -4.9%) and EBITDA of ₹1.28 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹136 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Veetrag Hospitality has one previous CIN (Corporate Identification Number): U04520MP2000PTC014243. The current CIN is U04520CT2000PTC014243, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U04520CT2000PTC014243 | Current |
| U04520MP2000PTC014243 | Previous |
Recognitions & Rankings of Veetrag Hospitality
Contact details
Veetrag Hospitality Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Manvendra Daftari1 – 2A 1 Sahkari Marg Choubey Colony Raipur, Chhattisgarh, India – 492001
- IndustryTravel and Hospitality, Restaurants & Dining Services, Hotel & Accommodation Services
To see the full contact details of Veetrag Hospitality 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 Veetrag Hospitality is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| 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 Veetrag Hospitality Private Limited, buy the company report.
Financials of Veetrag Hospitality Private Limited
FY 2025 filings availableVeetrag Hospitality Private Limited reported revenue of ₹4.64 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 8% growth in the latest year. EBITDA rose 105% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.77 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | -4.9% | ||||
| 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 Veetrag Hospitality Private Limited, buy the company report.
Board of directors of Veetrag Hospitality Private Limited
Veetrag Hospitality has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Shaktikumar Sancheti Also directs: SMS Mining Limited, Valencia Constructions Private Limited, Atul Multi Objectives Organisation and 4 more | Director | 29 May 2000 | 26 Years 5 Months | Current |
| Akshay Abhay Sancheti Also directs: SMS Limited, Sancheti Seva Foundation, SMS Hazardous Waste Management Private Limited and 2 more | Director | 01 Feb 2020 | 6 Years 9 Months | Current |
| Paramveer Abhay Sancheti Also directs: Valencia Constructions Private Limited, SMS Limited, Sancheti Seva Foundation and 5 more | Director | 21 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Veetrag Hospitality Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Hospitality, Hotels, Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veetrag Hospitality Private Limitedthis company | ₹4.64 Cr (FY 2025) | -₹22.77 Lakh | -4.9% | 8.0% | 18 | Raipur, Chhattisgarh, India |
| Churchgate Hospitality Private Limited | ₹4.63 Cr (FY 2024) | 1844484.0% | Mumbai, Maharashtra, India | |||
| Unique Hotels and Restaurants Private Limited | ₹4.62 Cr (FY 2021) | -56.0% | Uttarakhand, India | |||
| Boteco Restaurants Private Limited | ₹4.62 Cr (FY 2025) | -14.0% | Pune, Maharashtra, India | |||
| Oeats Private Limited | ₹4.62 Cr (FY 2024) | Chennai, Tamil Nadu, India |
To see the full peer comparison of Veetrag Hospitality Private Limited, buy the company report.
Auditor
Veetrag Hospitality Private Limited is audited by R S BHATTAD & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S BHATTAD & ASSOCIATES | FY 2022 | 135948W |
Shareholding
The shareholding of Veetrag Hospitality Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veetrag Hospitality Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2014 | 100108614 | Others | ₹20 Cr | Satisfied | |
| 07 Mar 2007 | 10042941 | Abhyudaya Co-Operative Bank Limited | ₹116 Cr | Satisfied |
To see the full charge records of Veetrag Hospitality Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Veetrag 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 Veetrag Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veetrag Hospitality Private Limited has a workforce of 18 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Veetrag Hospitality has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCV7721P1ZT | Delhi | Active | 01 Jul 2017 |
| 27AABCV7721P1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veetrag Hospitality Private Limited, buy the company report.
Recent activity
Veetrag Hospitality Private Limited has 11 board changes on record since 2000: 3 appointments and 8 cessations. The latest: Pradyumna Prabhakar Paranjape ceased to be Additional Director on 27 Sep 2023.
7 earlier events are in the company report.
Frequently asked questions
Veetrag Hospitality is an active private limited company based in Raipur, Chhattisgarh, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 29 May 2000 (26+ years old) and is registered under CIN U04520CT2000PTC014243.
Veetrag Hospitality has 3 current directors:
- Anand Shaktikumar Sancheti - Director
- Akshay Abhay Sancheti - Director
- Paramveer Abhay Sancheti - Director
The latest financial statements of Veetrag Hospitality on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Veetrag Hospitality is 07AABCV7721P1ZT, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCV7721P1ZR (Maharashtra).
The CIN (Corporate Identification Number) of Veetrag Hospitality is U04520CT2000PTC014243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veetrag Hospitality was incorporated on 29 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Veetrag Hospitality by revenue are Churchgate Hospitality Private Limited, Unique Hotels and Restaurants Private Limited, Boteco Restaurants Private Limited, Oeats Private Limited, all in the Consumer Services industry (Hospitality, Hotels, Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Pradyumna Prabhakar Paranjape ceased to be Additional Director on 27 Sep 2023. Manisha Anilkumar Somani ceased to be Additional Director on 28 Aug 2023. Amit Kedarnath Somani ceased to be Director on 01 Nov 2022. Veetrag Hospitality has 11 board changes on record in total.
The registered office of Veetrag Hospitality is at CO Manvendra Daftari1 – 2A 1 Sahkari Marg Choubey Colony Raipur, Chhattisgarh, India – 492001.
Veetrag Hospitality operates in the travel and hospitality industry, in the restaurants and dining services segment.
Veetrag Hospitality has no open charges and satisfied charges of ₹136 Cr as per latest MCA filings.

