Company Intelligence Profile
Sahara Hospitality Limited
Owner-operator of Hotel Sahara Star, a landmark Mumbai airport-area luxury hotel, currently undergoing NCLT-ordered insolvency resolution over a ~₹50 Cr default.
CIN: U55101MH1989PLC140211ActiveRoC Mumbai / MaharashtraConfidence: medium-high
Last updated 20 August 2026
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Sahara Hospitality Limited |
|---|---|
| CIN | U55101MH1989PLC140211 |
| PAN | Not available in the public sources reviewed. |
| Status | Active (company registration active); however company is under Corporate Insolvency Resolution Process (CIRP) per NCLT Mumbai order, 2022 (Section 9, IBC, on petition by Delta Electro Mechanical Pvt Ltd; IRP: Mamta Binani) — sources: Tofler, TheCompanyCheck (registration status), LiveLaw/SCC Online/IBBI (CIRP status) |
| Listing | Unlisted Public Limited Company |
| Incorporated | 26 September 1989 |
| ROC | RoC Mumbai / Maharashtra |
| Sector (NIC) | Hotels; camping sites and other provision of short-stay accommodation (Hospitality/Travel sector) — Tofler, TheCompanyCheck |
| Registered address | Hotel Sahara Star, Opposite Domestic Airport, Vile Parle East, Mumbai, Maharashtra, India – 400099 |
| Authorized capital | ₹750 Cr (₹7,500,000,000) — Tofler, TheCompanyCheck |
| Paid-up capital | ₹57.1 Cr / ₹57.11 Cr |
Business Overview
Confirmed- Operates Hotel Sahara Star, a hospitality property near Mumbai's domestic airport (Vile Parle East)
- Offers guest rooms, service apartments, specialty restaurants, gymnasium, salon, spa/wellness centre, and swimming pool
- Sector classified as Hotels and short-stay accommodation
- treat with caution and do not attribute Sahara Prime City's financials/ratings to this entity
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Om Prakash Srivastava ( | 00144000 | suggests board changes in 2025 Goel/Arora possibly resigned, Subrahmanyam added. Earlier web search also listed Salil Vijay Fadnis and Sweety Chandrikaprasad Bajpai as directors source unclear/lower confidence. Status: partial | 15 Mar 2019 |
GST Registration
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AABCB7619L1ZE | Maharashtra | Not obtained (locked/premium on TheCompanyCheck; not independently confirmed elsewhere) | Cancelled |
Primary GSTIN (Maharashtra): 27AABCB7619L1ZE, trade name "Sahara Hospitality Ltd," registered as Regular taxpayer effective 1 Jul 2017, address: Sahara Star, Nehru Road, Mumbai Suburban, Maharashtra 400099. Status reported as suspended/cancelled effective 7 Jan 2025 (source: TaxAdda GSTIN lookup — single source, not cross-verified against knowyourgst.com/findgst.in in this pass; treat GSTIN status as partial). No other GSTINs for other states confirmed. PAN embedded in GSTIN: AABCB7619L.
Financials
Partial / conflicting- FY2024: Revenue ₹100–500 Cr band
- revenue growth reported as +381.12% YoY (likely reflects post-COVID low base recovery — flagged as an unusually large swing, treat cautiously)
- EBITDA down -10.31% YoY
- borrowings down -52.19% YoY
- total assets down -5.69% YoY
- FY2023: Revenue ₹257.09 Cr (+90.60% YoY)
- EBITDA and Net Profit locked behind premium paywall — not obtained
- Net worth and borrowings figures (absolute ₹) not obtained
- Charges/borrowings: Union Bank of India holds charges totaling ₹544.2 Cr across 2 loans (created/modified 2 May 2017 and 1 Mar 2017).2 Cr) and TheCompanyCheck (open charges ₹544.19 Cr
- satisfied charges ₹14.67 Cr)
- Standalone vs consolidated basis not explicitly stated by either source but figures appear standalone (single-entity company financials, no subsidiaries indicated)
- Company is presently in CIRP (see status), which materially affects financial reliability/going-concern — flagged
Charges & Loans
Confirmed- Union Bank of India: total charges ₹544.2 Cr across 2 charges, created/modified 2 May 2017 and 1 Mar 2017
- TheCompanyCheck corroborates: open charges ₹544.19 Cr, satisfied charges ₹14.67 Cr
Legal (NCLT/IBC)
Confirmed- NCLT Mumbai admitted a Section 9 (IBC 2016) petition initiating Corporate Insolvency Resolution Process (CIRP) against Sahara Hospitality Limited over an alleged default of ~₹50 Cr, filed by operational creditor Delta Electro Mechanical Pvt Ltd. Background: original petition filed 2018, disposed in 2021 after Sahara agreed to a ₹20 Cr settlement in 14 installments
- Sahara defaulted on that settlement, leading Delta Electro to return to NCLT
- CIRP admitted (bench: P.N. Deshmukh J. and Shyam Babu Gautam, Technical Member) in 2022
- Mamta Binani appointed as Interim Resolution Professional/IRP
- IBBI case tracker page also exists for this CIN confirming an active corporate insolvency process record
- Indian Kanoon-specific case citation not independently pulled in this pass (relied on LiveLaw/SCC Online news coverage of the NCLT order) — treat as partial on primary-citation sourcing though the underlying fact (CIRP admitted) is well corroborated
Competitors
Partial / conflicting- Comparable Mumbai/India airport-hotel and premium hospitality operators (rough scale tags, approximate, not verified against audited peer financials in this pass): (1) The Leela Mumbai (Hotel Leelaventure) — large luxury hotel, similar airport-proximity segment
- (2) Sahara Star's direct predecessor branding aside, ITC Maratha (ITC Hotels) — large luxury chain hotel, Mumbai
- (3) Grand Hyatt Mumbai — large international-chain hotel
- (4) Sofitel Mumbai BKC (Accor) — large luxury hotel
- (5) Renaissance Mumbai Convention Centre Hotel (Marriott) — large hotel/convention property
- (6) Vivanta Mumbai (IHCL/Tata) — large full-service hotel
- All listed peers are broadly larger/backed by hotel chains or larger corporate groups versus Sahara Hospitality's single-asset, debt-stressed, standalone-company profile
Frequently Asked Questions
What does Sahara Hospitality Limited do?
Owner-operator of Hotel Sahara Star, a landmark Mumbai airport-area luxury hotel, currently undergoing NCLT-ordered insolvency resolution over a ~₹50 Cr default.
What is the CIN of Sahara Hospitality Limited?
The Corporate Identification Number (CIN) of Sahara Hospitality Limited is U55101MH1989PLC140211.
Where is Sahara Hospitality Limited registered?
Sahara Hospitality Limited is registered with RoC Mumbai / Maharashtra (Tofler: "Maharashtra"; TheCompanyCheck: "Mumbai"). Registered address: Hotel Sahara Star, Opposite Domestic Airport, Vile Parle East, Mumbai, Maharashtra, India – 400099 (Tofler, TheCompanyCheck)
When was Sahara Hospitality Limited incorporated?
Sahara Hospitality Limited was incorporated on 26 September 1989 (Tofler, TheCompanyCheck).
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