- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-20-0014483

About Velvet Resorts Private Limited
Data last updated:
Velvet Resorts Private Limited is a private limited company based in Chandigarh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 03 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55101CH2009PTC031908. Its GSTIN is 03AADCV1533H1ZQ (Punjab). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.3 Cr. It is led by directors including Dilraj Singh and Parminder Kaur Pal.
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 328 Sector 33 – A, Chandigarh, India – 160033.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.1 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹30.3 Lakh (net margin 3%) and EBITDA of ₹1.51 Cr (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 6% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Velvet Clarks Exotica. As per MCA filings, the company has open charges of ₹2.52 Cr and satisfied charges of ₹10.7 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Velvet Resorts Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0014483). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velvetclarksexotica.com.
Company details
Recognitions & Rankings of Velvet Resorts
Contact details
Velvet Resorts Private Limited's registered office is in Chandigarh, Chandigarh. Its website is velvetclarksexotica.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address328 Sector 33 – A, Chandigarh, India – 160033
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Velvet 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
Velvet Resorts operates one associated brand: Velvet Clarks Exotica. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hospitality services including accommodation and events in Zirakpur, India. | velvetclarksexotica.com |
Business activity
The main business activity of Velvet 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 Velvet Resorts Private Limited, buy the company report.
Financials of Velvet Resorts Private Limited
FY 2025 filings availableVelvet Resorts Private Limited reported revenue of ₹10.1 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 7% growth in the latest year. EBITDA fell 13% 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 | ₹1.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.3 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 | 15% | ||||
| Net Profit Margin | 3% | ||||
| 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 Velvet Resorts Private Limited, buy the company report.
Board of directors of Velvet Resorts Private Limited
Velvet Resorts has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilraj Singh | Director | 03 Dec 2009 | 16 Years 11 Months | Current |
| Parminder Kaur Pal | Director | 03 Dec 2009 | 16 Years 11 Months | Current |
| Bhagwant Singh | Director | 03 Dec 2009 | 16 Years 11 Months | Current |
| Karamdeep Kaur | Director | 01 Sep 2014 | 12 Years 2 Months | Current |
Peer comparison
Velvet Resorts Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Aashraya Hotels and Estates Private Limited | ₹10.12 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| AA Walker Estates Private Limited | ₹10.12 Cr (FY 2024) | 3.0% | Calangute, Goa, India | |||
| Armugam Hotels & Resorts Private Limited | ₹10.11 Cr (FY 2024) | 0.0% | Bangalore, Karnataka, India | |||
| Akhil Beach Resort Private Limited | ₹10.1 Cr (FY 2025) | -8.0% | Thiruvananthapuram, Kerala, India | |||
| Velvet Resorts Private Limitedthis company | ₹10.1 Cr (FY 2025) | ₹30.3 Lakh | 3% | 7.0% | 62 | Chandigarh, India |
| Meel Hotels Private Limited | ₹10.09 Cr (FY 2025) | -7.0% | Jaipur, Rajasthan, India | |||
| Sun Village Resorts Private Limited | ₹10.08 Cr (FY 2025) | -19.0% | Calangute, Goa, India |
To see the full peer comparison of Velvet Resorts Private Limited, buy the company report.
Auditor
Velvet Resorts Private Limited is audited by MEHAN ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHAN ASSOCIATES | FY 2022 | 004592N |
Shareholding
The shareholding of Velvet Resorts 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 Velvet Resorts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2017 | 100120486 | Others | ₹2.52 Cr | Open | |
| 27 Mar 2015 | 10567546 | Punjab National Bank | ₹2 Cr | Satisfied | |
| 25 Nov 2011 | 10320326 | Punjab National Bank | ₹8.7 Cr | Satisfied |
To see the full charge records of Velvet Resorts Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Velvet Resorts Private Limited has 2 court cases on record: 1 filed by Velvet Resorts, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against State of Punjab & Ors | Disposed |
To see the full case history of Velvet 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
No delayed payments to MSME suppliers are on our record for Velvet Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velvet Resorts Private Limited has a workforce of 62 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Velvet Resorts has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCV1533H1ZQ | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Velvet Resorts Private Limited, buy the company report.
Recent activity
Velvet Resorts Private Limited has 4 board changes on record since 2009: 4 appointments. The latest: Karamdeep Kaur was appointed as Director on 01 Sep 2014.
Frequently asked questions
Velvet Resorts is an active private limited company based in Chandigarh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 03 December 2009 (17+ years old) and is registered under CIN U55101CH2009PTC031908.
Velvet Resorts has 4 current directors:
- Dilraj Singh - Director
- Parminder Kaur Pal - Director
- Bhagwant Singh - Director
- Karamdeep Kaur - Director
The latest financial statements of Velvet Resorts 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 Velvet Resorts is 03AADCV1533H1ZQ, registered in Punjab. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Velvet Resorts is U55101CH2009PTC031908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velvet Resorts has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Velvet Resorts was incorporated on 03 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Velvet Resorts by revenue are Aashraya Hotels and Estates Private Limited, AA Walker Estates Private Limited, Armugam Hotels & Resorts Private Limited, Akhil Beach Resort Private Limited, Meel Hotels Private Limited and 1 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.).
Karamdeep Kaur was appointed as Director on 01 Sep 2014. Bhagwant Singh was appointed as Director on 03 Dec 2009. Dilraj Singh was appointed as Director on 03 Dec 2009. Velvet Resorts has 4 board changes on record in total.
Yes, Velvet Resorts is registered as a small enterprise under Udyam registration (number: UDYAM-PB-20-0014483).
Velvet Resorts can be reached through the website velvetclarksexotica.com. Its registered office is in Chandigarh, India.

