- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0119753

About Zad Hotels Private Limited
Data last updated:
Zad Hotels Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 23 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U55101PN2011PTC138971. Its GSTIN is 27AAACZ4852C1ZD (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Tushar Balasaheb Zad and Chandrakala Balasaheb Zad.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 416/8 Raghuvir Society Mukundnagar, Pune, Maharashtra, India – 411037.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.22 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹83.16 Lakh (net margin 25.8%) and EBITDA of ₹2.04 Cr (EBITDA margin 63.3%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 6% over five years.
The company is associated with 1 brand: Thegrandtulip. As per MCA filings, the company has open charges of ₹10.82 Cr and satisfied charges of ₹7.24 Cr on record.
Zad Hotels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0119753). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thegrandtulip.com.
Company details
Recognitions & Rankings of Zad Hotels
Contact details
Zad Hotels Private Limited's registered office is in Pune, Maharashtra. Its website is thegrandtulip.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address416/8 Raghuvir Society Mukundnagar, Pune, Maharashtra, India – 411037
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Zad Hotels 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
Zad Hotels operates one associated brand: Thegrandtulip. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Luxury hotel offering accommodation, banquets, and facilities in Pune for travelers. | thegrandtulip.com |
Business activity
The main business activity of Zad 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 | 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 Zad Hotels Private Limited, buy the company report.
Financials of Zad Hotels Private Limited
FY 2024 filings availableZad Hotels Private Limited reported revenue of ₹3.22 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 9% growth in the latest year. EBITDA rose 11% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.04 Cr | ||||
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| Net Profit (PAT) | ₹83.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 63.3% | ||||
| Net Profit Margin | 25.8% | ||||
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To see the full financial statements and ratios of Zad Hotels Private Limited, buy the company report.
Board of directors of Zad Hotels Private Limited
Zad Hotels has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Balasaheb Zad Also directs: Adventures Beyond Barriers Foundation | Director | 23 Mar 2011 | 15 Years 7 Months | Current |
| Chandrakala Balasaheb Zad | Director | 23 Mar 2011 | 15 Years 7 Months | Current |
| Balasaheb Hiralal Zad | Director | 23 Mar 2011 | 15 Years 7 Months | Current |
| Sejal Tushar Zad | Director | 23 Mar 2011 | 15 Years 7 Months | Current |
Peer comparison
Zad Hotels Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Hotels), 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 |
|---|---|---|---|---|---|---|
| Mistisona Food & Hospitality Solutions Private Limited | ₹3.23 Cr (FY 2025) | 22.0% | Raipur, Chhattisgarh, India | |||
| Zad Hotels Private Limitedthis company | ₹3.22 Cr (FY 2024) | ₹83.16 Lakh | 25.8% | 9.0% | Pune, Maharashtra, India | |
| Prachi Resorts Private Limited | ₹3.22 Cr (FY 2025) | -1.0% | Khurda, Odisha, India | |||
| Suncity Palace Private Limited | ₹3.21 Cr (FY 2025) | -13.0% | Belpahar, Odisha, India | |||
| Ventura Hospitality and Tourism Private Limited | ₹3.21 Cr (FY 2025) | -22.0% | Vasco Da Gama, Goa, India |
To see the full peer comparison of Zad Hotels Private Limited, buy the company report.
Auditor
Zad Hotels Private Limited is audited by R M KHUSTALE & COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R M KHUSTALE & COMPANY | FY 2020 | 135530W |
Shareholding
The shareholding of Zad Hotels Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Zad Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2019 | 100317332 | Others | ₹5.47 Cr | Open | |
| 25 Apr 2017 | 100121927 | Others | ₹5.35 Cr | Open | |
| 29 Mar 2014 | 10487688 | India Infoline Finance Limited | ₹1 Cr | Satisfied | |
| 16 May 2013 | 10431072 | India Infoline Finance Limited | ₹98.65 Lakh | Satisfied | |
| 26 Jun 2012 | 10366769 | India Infoline Finance Limited | ₹3 Cr | Satisfied |
To see the full charge records of Zad Hotels Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Zad Hotels 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 Zad Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zad Hotels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ4852C1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zad Hotels Private Limited, buy the company report.
Recent activity
Zad Hotels Private Limited has 4 board changes on record since 2011: 4 appointments. The latest: Balasaheb Hiralal Zad was appointed as Director on 23 Mar 2011.
5 earlier events are in the company report.
Frequently asked questions
Zad Hotels is an active private limited company based in Pune, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 23 March 2011 (15+ years old) and is registered under CIN U55101PN2011PTC138971.
Zad Hotels has 4 current directors:
- Tushar Balasaheb Zad - Director
- Chandrakala Balasaheb Zad - Director
- Balasaheb Hiralal Zad - Director
- Sejal Tushar Zad - Director
The latest financial statements of Zad Hotels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Zad Hotels is 27AAACZ4852C1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Zad Hotels is U55101PN2011PTC138971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zad Hotels was incorporated on 23 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Zad Hotels by revenue are Mistisona Food & Hospitality Solutions Private Limited, Prachi Resorts Private Limited, Suncity Palace Private Limited, Ventura Hospitality and Tourism Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Balasaheb Hiralal Zad was appointed as Director on 23 Mar 2011. Chandrakala Balasaheb Zad was appointed as Director on 23 Mar 2011. Sejal Tushar Zad was appointed as Director on 23 Mar 2011. Zad Hotels has 4 board changes on record in total.
Yes, Zad Hotels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0119753).
Zad Hotels can be reached through the website thegrandtulip.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Zad Hotels is at 4168 Raghuvir Society Mukundnagar, Pune, Maharashtra, India – 411037.

