About Zircon Hotels Private Limited
Data last updated:
Zircon Hotels Private Limited was a private limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Hotel Suba Palace Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate financing segment of the financial services sector. It was incorporated on 03 February 2014.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U55101GJ2014PTC121016. Its GSTIN is 24AAACZ7344R1ZN (Gujarat). The company held 4 GST registrations, of which 3 are active.
The company had an authorised share capital of ₹45 Lakh and a paid-up capital of ₹36.75 Lakh. It was led by directors Mansur Abubaker Mehta and Mubeen Mansur Mehta.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Hotel Suba Star Judges Bunglow Road Near Akash Tower Bodakdev, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.8 Cr, a growth of 133% compared to the previous year. For the same year it recorded a net profit of ₹69.98 Lakh (net margin 9%) and EBITDA of ₹1.84 Cr (EBITDA margin 23.6%).
The company had about 24 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹4.8 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The last known website on record is mrlgroup.com.
Company details
CIN history
Zircon Hotels has one previous CIN (Corporate Identification Number): U55101MH2014PTC252761. The current CIN is U55101GJ2014PTC121016, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101GJ2014PTC121016 | Current |
| U55101MH2014PTC252761 | Previous |
Contact details
Zircon Hotels Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mrlgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressHotel Suba Star Judges Bunglow Road Near Akash Tower Bodakdev, Ahmedabad, Gujarat, India – 380015
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Zircon 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
Business activity
The main business activity of Zircon Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| 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. | |
| 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 Zircon Hotels Private Limited, buy the company report.
Financials of Zircon Hotels Private Limited
FY 2022 filings availableZircon Hotels Private Limited reported revenue of ₹7.8 Cr (up 133% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 133% in the latest year. EBITDA rose 836% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹1.84 Cr | ||||
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| Net Profit (PAT) | ₹69.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.6% | ||||
| Net Profit Margin | 9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Zircon Hotels Private Limited, buy the company report.
Board of directors of Zircon Hotels Private Limited
Zircon Hotels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mansur Abubaker Mehta | Director | 03 Feb 2014 | 12 Years 9 Months | As last reported |
| Mubeen Mansur Mehta | Director | 03 Feb 2014 | 12 Years 9 Months | As last reported |
Peer comparison
Zircon Hotels Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Punya Lakshmi Hotel Private Limited | ₹7.8 Cr (FY 2025) | 1.0% | Diamond Harbour, West Bengal, India | |||
| Catch Realty Private Limited | ₹7.8 Cr (FY 2025) | 39.0% | Indore, Madhya Pradesh, India | |||
| Merlin Resorts and Hotels Private Limited | ₹7.8 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Zircon Hotels Private Limitedthis company | ₹7.8 Cr (FY 2022) | ₹69.98 Lakh | 9% | 133.0% | 24 | Ahmedabad, Gujarat, India |
| Sanjayraj Hotels and Resorts Pvt Ltd | ₹7.78 Cr (FY 2024) | -25.0% | Rajkot, Gujarat, India | |||
| Yatri Vihar Hospitality Private Limited | ₹7.78 Cr (FY 2025) | 6.0% | Patna, Bihar, India |
To see the full peer comparison of Zircon Hotels Private Limited, buy the company report.
Auditor
Zircon Hotels Private Limited is audited by M H DALAL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M H DALAL & ASSOCIATES | FY 2021 | 112449W |
Shareholding
The shareholding of Zircon Hotels Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Zircon Hotels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2015 | 10559023 | Kotak Mahindra Bank Limited | ₹4.8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Zircon Hotels Private Limited has 2 court cases on record: 2 filed by Zircon Hotels. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company against an individual | Pending |
| NCLT, Ahmedabad | Court case (COMP.APPL) | Filed by the company | Disposed |
To see the full case history of Zircon Hotels 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 Zircon Hotels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Zircon Hotels Private Limited has a workforce of 24 employees on its EPFO records as of Apr 03, 2024, across 3 active EPFO establishments.
GST
Zircon Hotels has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACZ7344R1ZN | Gujarat | Active | 01 Jul 2017 |
| 27AAACZ7344R1ZH | Maharashtra | Active | 22 Aug 2019 |
| 29AAACZ7344R1ZD | Karnataka | Active | 01 Jan 2020 |
To see the full GST registrations and return filing status of Zircon Hotels Private Limited, buy the company report.
Recent activity
Zircon Hotels Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Mansur Abubaker Mehta was appointed as Director on 03 Feb 2014.
Frequently asked questions
Zircon Hotels has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Zircon Hotels was a private limited company based in Ahmedabad, Gujarat, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 03 February 2014 and is registered under CIN U55101GJ2014PTC121016. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Zircon Hotels was incorporated on 03 February 2014. It is registered with the Registrar of Companies, Ahmedabad.
Zircon Hotels had 2 directors:
- Mansur Abubaker Mehta - Director
- Mubeen Mansur Mehta - Director
The CIN (Corporate Identification Number) of Zircon Hotels is U55101GJ2014PTC121016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Zircon Hotels is at Hotel Suba Star Judges Bunglow Road Near Akash Tower Bodakdev, Ahmedabad, Gujarat, India – 380015.
Zircon Hotels can be reached through the website mrlgroup.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Zircon Hotels on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Zircon Hotels is 24AAACZ7344R1ZN, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACZ7344R1ZH (Maharashtra), 29AAACZ7344R1ZD (Karnataka).
Zircon Hotels operated in the financial services industry, in the real estate financing segment.
The peers of Zircon Hotels by revenue are Punya Lakshmi Hotel Private Limited, Catch Realty Private Limited, Merlin Resorts and Hotels Private Limited, Sanjayraj Hotels and Resorts Pvt Ltd, Yatri Vihar Hospitality 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.).
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