MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0003066
V&Ro Hospitality Private Limited
V&Ro Hospitality Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹167.86 Cr
▲ 112% YoY
Net profit · FY 2023
₹1.97 Cr
Net margin 1.2%
EBITDA · FY 2023
₹18.16 Cr
EBITDA margin 10.8%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹30.09 Lakh
Issued & subscribed
Open charges
₹93.96 Cr
Satisfied ₹45.18 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
341
Provident fund records
About V&Ro Hospitality Private Limited
Data last updated:
V&Ro Hospitality Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 23 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55209KA2018PTC113386. Its GSTIN is 29AAGCV4390M1ZL (Karnataka). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹30.09 Lakh. It is led by directors including Sharath Rice and Safdhar Mohammed Adoor.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 3rd Floor Municipal No. 2211 Hal 3rd Stage, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2023, the company reported a revenue of ₹167.86 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Cr (net margin 1.2%) and EBITDA of ₹18.16 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 150% over three years.
The company has about 341 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Rices Obliquity and VRO Hospitality. As per MCA filings, the company has open charges of ₹93.96 Cr and satisfied charges of ₹45.18 Cr on record. Court records list 73 cases involving the company, including 5 filed by the company and 68 filed against it; 41 cases are pending. The company has 13 deals on record (9 funding rounds, 3 debt financings, 1 secondary share transfer), with disclosed funding of ₹62.28 Cr; the latest was in July 2025. Its 8 peer companies in the Consumer Services industry (Hospitality, Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.) are compared by revenue, 5 larger and 3 smaller; the largest is Hmshost Hospitality Services Bharath Private Limited with revenue of ₹178.23 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 3 overdue payments to 2 micro and small suppliers.
V&Ro Hospitality Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0003066). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U55209KA2018PTC113386
Registration Number 113386
Incorporation Date 23 May 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0003066
Recognitions & Rankings of V&Ro Hospitality
Contact details
V&Ro Hospitality Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Municipal No. 2211 Hal 3rd Stage, Bangalore, Karnataka, India – 560008
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of V&Ro Hospitality Private Limited, buy the company report.
Comprehensive company report
V&Ro Hospitality Private Limited - one report that includes everything
- 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
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Brands
V&Ro Hospitality operates two associated brands: Rices Obliquity and VRO Hospitality. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Event and entertainment management services are offered by Rices Obliquity. | ricesobliquity.com | |
| Restaurant chain serving multiple dishes | vrohospitality.com |
Business activity
The main business activity of V&Ro 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 V&Ro Hospitality Private Limited, buy the company report.
Financials of V&Ro Hospitality Private Limited
FY 2023 filings availableV&Ro Hospitality Private Limited reported revenue of ₹167.86 Cr (up 112% YoY) for FY 2023.
Revenue · FY 2023
₹167.86 Cr ▲ 112%
Net profit · FY 2023
₹1.97 Cr margin 1.2%
EBITDA · FY 2023
₹18.16 Cr margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 112%
3 years · compounded
▲ 150%
EBITDA CAGR growth
1 year
▲ 96%
3 years · compounded
▲ 279%
Revenue has grown at a compounded annual rate (CAGR) of 150% over three years, including 112% growth in the latest year. EBITDA rose 96% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹18.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.97 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 V&Ro Hospitality Private Limited, buy the company report.
Board of directors of V&Ro Hospitality Private Limited
V&Ro Hospitality has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharath Rice | Director | 23 May 2018 | 8 Years 5 Months | Current |
| Safdhar Mohammed Adoor Also directs: White Barcode Hospitality Private Limited, Younicorn Investments Private Limited, Mal Route Ventures LLP and 2 more | Director | 23 May 2018 | 8 Years 5 Months | Current |
| Dawn Thomas Pious | Director | 23 May 2018 | 8 Years 5 Months | Current |
Peer comparison
V&Ro Hospitality Private Limited is compared with the 8 companies closest to it by revenue in the Consumer Services industry (Hospitality, 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 |
|---|---|---|---|---|---|---|
| Hmshost Hospitality Services Bharath Private Limited | ₹178.23 Cr (FY 2025) | 18.0% | Bangalore, Karnataka, India | |||
| Massive Restaurants Private Limited | ₹175.47 Cr (FY 2025) | -9.0% | Gurgaon, Haryana, India | |||
| Lite Bite Travel Foods Private Limited | ₹175.11 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Sankalp Recreation Private Limited | ₹173.97 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Sapphire Hospitality and Recreation Private Limited | ₹169.42 Cr (FY 2017) | 5.0% | Mumbai, Maharashtra, India | |||
| V&Ro Hospitality Private Limitedthis company | ₹167.86 Cr (FY 2023) | ₹1.97 Cr | 1.2% | 112.0% | 341 | Bangalore, Karnataka, India |
| Deluxe Caterers Private Limited | ₹166.58 Cr (FY 2024) | 7.0% | Mumbai, Maharashtra, India | |||
| Truffles Hospitality Private Limited | ₹161.71 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Pearltri Foods Private Limited | ₹157.5 Cr (FY 2025) | 72.0% | Bangalore, Karnataka, India |
To see the full peer comparison of V&Ro Hospitality Private Limited, buy the company report.
Shareholding
The shareholding of V&Ro Hospitality Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V&Ro Hospitality Private Limited, buy the company report.
Charges & borrowings
Open charges
₹93.96 Cr
Satisfied charges
₹45.18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2025 | 101165672 | Others | ₹2 Cr | Open | |
| 28 Mar 2025 | 101165643 | Others | ₹50 Lakh | Open | |
| 14 Mar 2025 | 101165613 | Others | ₹1.5 Cr | Open | |
| 25 Feb 2025 | 101168576 | Others | ₹2.75 Cr | Open | |
| 31 Oct 2024 | 101029835 | Others | ₹4 Cr | Open |
To see the full charge records of V&Ro Hospitality Private Limited, buy the company report.
Total charge records: 36 View all charges
Deals & funding
V&Ro Hospitality Private Limited has 13 deals on record (9 funding rounds, 3 debt financings, 1 secondary share transfer), with disclosed funding of ₹62.28 Cr; the latest was in July 2025.
Total deals
13
Funding rounds
9
Debt financings
3
Secondary share transfer
1
Disclosed funding
₹62.28 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Funding round · Series A | ₹9.07 Cr | Investors: Sai Lakshmi Industries Private Limited , 2 individuals |
| Mar 2024 | Funding round · Series A | ₹12.66 Cr | Investors: Yatwik Resorts Private Limited , 3 individuals |
| Dec 2022 | Funding round · Series A | ₹24.72 Cr | Investors: Gruhas, NB Ventures, 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: CreedCap Asset, Erba Spices Private Limited , Shivanandi Ventures Llp Seller: 4 individuals |
| Oct 2020 | Funding round · Seed | ₹6.82 Cr | Investors: Shivanandi Ventures Llp, Erba Spices Private Limited , Navs Services Private Limited , an individual |
To see the full deal history of V&Ro Hospitality Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
V&Ro Hospitality Private Limited has 73 court cases on record: 5 filed by V&Ro Hospitality, 68 filed against it. 41 cases are pending and 32 are disposed.
Total cases
73
Filed by the company
5
Filed against the company
68
Pending
41
Disposed
32
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 58 | 56 | 32 |
| High courts | 12 | 9 | 6 |
| NCLAT | 3 | 3 | 3 |
Cases on record (5 of 73)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Godrej Foods Limited | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by M/S Junoon Capital Services Private Ltd. | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by The Indian Performing Right Society Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Daily Need Exim Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed against the company by The Indian Performing Right Society Limited | Pending |
To see the full case history of V&Ro Hospitality 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
V&Ro Hospitality Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sai Foods Private Limited |
To see the full MSME payment records of V&Ro Hospitality Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
V&Ro Hospitality has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| White Barcode Hospitality Private Limited | U55209KA2019PTC122953 |
To see the full group structure of V&Ro Hospitality Private Limited, buy the company report.
Employees & EPFO
V&Ro Hospitality Private Limited has a workforce of 341 employees on its EPFO records as of May 2026, across 6 active EPFO establishments.
Employee count
341
Active EPFO establishments
6
Employee growth
-57.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 341 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of V&Ro Hospitality Private Limited, buy the company report.
GST
V&Ro Hospitality has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCV4390M1ZL | Karnataka | Active | 08 Feb 2019 |
| 30AAGCV4390M1Z2 | Goa | Active | 28 Sep 2021 |
| 27AAGCV4390M1ZP | Maharashtra | Active | 06 Oct 2021 |
| 19AAGCV4390M1ZM | West Bengal | Active | 26 Sep 2022 |
To see the full GST registrations and return filing status of V&Ro Hospitality Private Limited, buy the company report.
Recent activity
V&Ro Hospitality Private Limited has 5 board changes on record since 2018: 4 appointments and 1 cessation. The latest: Vinay Karthik Prakash ceased to be Director on 22 Sep 2023.
Charges
A charge registered on 28 May 2024 via Charge ID 100932777 with Others was fully satisfied on 08 Sep 2025.
Charges
A charge registered on 09 Nov 2023 via Charge ID 100822712 with Others was fully satisfied on 19 Jun 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101165672 was registered on 25 Apr 2025.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 101165643 was registered on 28 Mar 2025.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 101165613 was registered on 14 Mar 2025.
Charges
A charge with Others amounted to Rs. 2.75 Cr with Charge ID 101168576 was registered on 25 Feb 2025.
Charges
A charge registered on 12 Oct 2023 via Charge ID 100800417 with Others was fully satisfied on 03 Feb 2025.
Charges
A charge with Others of Rs. 3.00 Cr registered on 27 Oct 2023 with Charge ID 100817816 was modified on 13 Jan 2025.
Charges
A charge with Others of Rs. 5.00 Cr registered on 30 Jun 2023 with Charge ID 100744679 was modified on 13 Jan 2025.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101029835 was registered on 31 Oct 2024.
Charges
A charge registered on 09 Aug 2023 via Charge ID 100917999 with Others was fully satisfied on 28 Oct 2024.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 101030041 was registered on 09 Oct 2024.
50 earlier events are in the company report.
News
Frequently asked questions
V&Ro 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 23 May 2018 (8+ years old) and is registered under CIN U55209KA2018PTC113386.
V&Ro Hospitality has 3 current directors:
- Sharath Rice - Director
- Safdhar Mohammed Adoor - Director
- Dawn Thomas Pious - Director
The latest financial statements of V&Ro Hospitality on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of V&Ro Hospitality is 29AAGCV4390M1ZL, registered in Karnataka. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 30AAGCV4390M1Z2 (Goa), 27AAGCV4390M1ZP (Maharashtra), 19AAGCV4390M1ZM (West Bengal).
The CIN (Corporate Identification Number) of V&Ro Hospitality is U55209KA2018PTC113386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V&Ro Hospitality has 73 court cases on record: 5 filed by the company and 68 filed against it. 41 are pending. Most are in the district courts.
V&Ro Hospitality was incorporated on 23 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
V&Ro Hospitality has 13 deals on record (9 funding rounds, 3 debt financings, 1 secondary share transfer), with disclosed funding of ₹62.28 Cr; the latest was in July 2025.
The peers of V&Ro Hospitality by revenue are Hmshost Hospitality Services Bharath Private Limited, Massive Restaurants Private Limited, Lite Bite Travel Foods Private Limited, Sankalp Recreation Private Limited, Sapphire Hospitality and Recreation Private Limited and 3 more, all in the Consumer Services industry (Hospitality, Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Vinay Karthik Prakash ceased to be Director on 22 Sep 2023. Dawn Thomas Pious was appointed as Director on 23 May 2018. Safdhar Mohammed Adoor was appointed as Director on 23 May 2018. V&Ro Hospitality has 5 board changes on record in total.
Yes, V&Ro Hospitality is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0003066).
V&Ro Hospitality has 3 MSME Form 1 returns on record between 2023 and 2024, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 20 May 2024.
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