Vithi Hospitality Private Limited
About Vithi Hospitality Private Limited
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Vithi Hospitality Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ocio Hospitality Private Limited. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 27 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2008PTC046942. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80 Lakh. It is led by directors Gopal Krishna Kulkarni and Vinayakk Harshvardhana.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 104 1 House Of Lords St. Marks Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2019, the company reported a revenue of ₹36.21 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹11,289 (net margin -0.3%) and EBITDA of ₹5.3 Lakh (EBITDA margin 14.6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹5.95 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vithi Hospitality Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address104 1 House Of Lords St. Marks Road, Bangalore, Karnataka, India – 560001
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Vithi 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 Vithi 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 Vithi Hospitality Private Limited, buy the company report.
Financials of Vithi Hospitality Private Limited
FY 2019 filings availableVithi Hospitality Private Limited reported revenue of ₹36.21 Lakh (down 65% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 65% fall in the latest year. EBITDA rose 52% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹36.21 Lakh | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11,289 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | -0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Vithi Hospitality Private Limited, buy the company report.
Board of directors of Vithi Hospitality Private Limited
Vithi Hospitality has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Krishna Kulkarni Also directs: Perfint Healthcare Private Limited, Ocio Hospitality Private Limited, Palaka Hospitality Private Limited and 1 more | Director | 27 Jun 2008 | 18 Years 4 Months | Current |
| Vinayakk Harshvardhana | Director | 27 Jun 2008 | 18 Years 4 Months | Current |
Auditor
Vithi Hospitality Private Limited is audited by PIRGAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIRGAL & CO | FY 2019 | 019091S |
Shareholding
The shareholding of Vithi Hospitality Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vithi Hospitality Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2014 | 10505565 | Small Industries Development Bank of India | ₹5 Cr | Open | |
| 22 Feb 2010 | 10214964 | United Bank of India | ₹95 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Vithi 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 Vithi Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vithi Hospitality has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vithi Hospitality Private Limited, buy the company report.
Recent activity
Vithi Hospitality Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Gopal Krishna Kulkarni was appointed as Director on 27 Jun 2008.
Frequently asked questions
Vithi Hospitality is an active private limited company based in Bangalore, Karnataka, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 27 June 2008 (18+ years old) and is registered under CIN U55101KA2008PTC046942.
Vithi Hospitality has 2 current directors:
- Gopal Krishna Kulkarni - Director
- Vinayakk Harshvardhana - Director
The latest financial statements of Vithi Hospitality on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Vithi Hospitality has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vithi Hospitality is U55101KA2008PTC046942. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vithi Hospitality was incorporated on 27 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Gopal Krishna Kulkarni was appointed as Director on 27 Jun 2008. Vinayakk Harshvardhana was appointed as Director on 27 Jun 2008.
The registered office of Vithi Hospitality is at 104 1 House Of Lords St. Marks Road, Bangalore, Karnataka, India – 560001.
Vithi Hospitality operates in the travel and hospitality industry, in the restaurants and dining services segment.
Vithi Hospitality has open charges of ₹5.95 Cr and no satisfied charges on record as per latest MCA filings.
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