Vir Hotels Pvt Ltd
About Vir Hotels Pvt Ltd
Data last updated:
Vir Hotels Pvt Ltd is a private limited company based in Jalandhar, Punjab, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 28 September 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55101PB1988PTC008708. Its GSTIN is 03AABCV5352L2Z9 (Punjab). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹13.03 Lakh. It is led by directors Avneet Bal and Ranvir Singh Bal.
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 Hotels Ranvir Prime Complexx Civil Lines Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.41 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.27 Cr (net margin 52.7%) and EBITDA of ₹1.33 Cr (EBITDA margin 55.1%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹3 Lakh and satisfied charges of ₹74 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressHotels Ranvir Prime Complexx Civil Lines Jalandhar, Punjab, India – 144001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
- One PDF report, delivered after checkout
Business Activity of Vir Hotels Pvt Ltd
The main business activity of Vir Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vir Hotels Pvt Ltd FY 2025 filings available
Vir Hotels Pvt Ltd reported revenue of ₹2.41 Cr (up 251% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Vir Hotels Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 251% growth in the latest year. EBITDA rose 498% 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 of Vir Hotels Pvt Ltd
| 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 | ₹1.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.27 Cr | •••• | •••• | •••• | •••• |
| 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 of Vir Hotels Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 52.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vir Hotels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Vir Hotels Pvt Ltd
Vir Hotels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avneet Bal Also directs: Vir Estates Pvt Ltd | Director | 17 Jun 2022 | 4 Years 4 Months | Current |
| Ranvir Singh Bal Also directs: Vir Estates Pvt Ltd | Director | 29 Sep 1988 | 38 Years 0 Months | Current |
Peer Comparison of Vir Hotels Pvt Ltd
Vir Hotels Pvt Ltd is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arc Hotels Private Limited | ₹2.41 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Varanasi, Uttar Pradesh, India |
| Tanwani Hotels Pvt.Ltd. | ₹2.41 Cr (FY 2025) | •••• | •••• | 472.0% | •••• | Kolhapur, Maharashtra, India |
| Kanaka Landmark Holidays Private Limited | ₹2.41 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Thane, Maharashtra, India |
| Cutting Edge Hotel Consultants Private Limited | ₹2.41 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Raipur, Chhattisgarh, India |
| Fort Pokran Hotel and Resorts Private Limited | ₹2.41 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Jodhpur, Rajasthan, India |
| Vir Hotels Pvt Ltd this company | ₹2.41 Cr (FY 2024) | •••• | •••• | 251.0% | •••• | Jalandhar, Punjab, India |
| Silk Route Enterprises Private Limited | ₹2.41 Cr (FY 2024) | •••• | •••• | 89.0% | •••• | Kochi, Kerala, India |
| Hotel Siddhartha Private Limited | ₹2.41 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Puri, Odisha, India |
| Relan Buildwell Private Limited | ₹2.41 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Royal Park Hospitality Private Limited | ₹2.4 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Delhi, India |
| CS Boutique Hotel Private Limited | ₹2.4 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Vir Hotels by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vir Hotels Pvt Ltd
Vir Hotels Pvt Ltd is audited by BRIJAGGARWAL&ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BRIJAGGARWAL&ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Vir Hotels Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vir Hotels Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2010 | The Citizens Urban Co-Op. Bank | ₹3 Lakh | Satisfied |
| 11 Jul 2002 | Hongkg & Sanghai Banking Corop Ltd | ₹3.5 Lakh | Satisfied |
| 17 Jun 2002 | The Hong Kong & Shanghai Banking Corpo.Ltd | ₹3.5 Lakh | Satisfied |
| 30 Aug 1997 | Citizen Urban Co. Op Bank Ltd | ₹14 Lakh | Satisfied |
| 22 Aug 1996 | Citizen Urban Co-Op. Bank Ltd | ₹30 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Vir Hotels Pvt Ltd
Employment history and EPFO contributions of people linked to Vir Hotels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vir Hotels Pvt Ltd
Vir Hotels Pvt Ltd has 4 board changes on record since 1988: 2 appointments and 2 cessations. The latest: Joginder Singh Bal ceased to be Director on 11 Jul 2022.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vir Hotels Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vir Hotels Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vir Hotels Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vir Hotels Pvt Ltd
Vir Hotels has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCV5352L2Z9 | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vir Hotels Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vir Hotels Pvt Ltd
Vir Hotels is an active private limited company based in Jalandhar, Punjab, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 28 September 1988 (38+ years old) and is registered under CIN U55101PB1988PTC008708.
Vir Hotels reported revenue of ₹2.41 Cr for FY 2024 (up 251% YoY).
Vir Hotels has 2 current directors:
- Avneet Bal - Director
- Ranvir Singh Bal - Director
Vir Hotels reported a net profit of ₹1.27 Cr (net margin 52.7%) and EBITDA of ₹1.33 Cr (EBITDA margin 55.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vir Hotels is 53% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 251%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vir Hotels is 03AABCV5352L2Z9, 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 Vir Hotels is U55101PB1988PTC008708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vir Hotels was incorporated on 28 September 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Vir Hotels by revenue are Arc Hotels Private Limited, Tanwani Hotels Pvt.Ltd, Kanaka Landmark Holidays Private Limited, Cutting Edge Hotel Consultants Private Limited, Fort Pokran Hotel and Resorts Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Joginder Singh Bal ceased to be Director on 11 Jul 2022. Avneet Bal was appointed as Director on 17 Jun 2022. Balbir Singh ceased to be Director on 09 Jan 2017. Vir Hotels has 4 board changes on record in total.
The registered office of Vir Hotels is at Hotels Ranvir Prime Complexx Civil Lines Jalandhar, Punjab, India – 144001.