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.
Last updated 6 September 2026
Sahara Hospitality Limited, incorporated in September 1989, is the owner-operator of Hotel Sahara Star, a hospitality property near Mumbai's domestic airport offering rooms, restaurants, a spa and other amenities. While its registration remains active, the company is undergoing a Corporate Insolvency Resolution Process before the NCLT Mumbai, initiated by an operational creditor over an alleged default of around Rs 50 crore. It carries substantial charges in favour of Union Bank of India.
Compiled from MCA filings and other public records. Figures may lag the latest filing; verify against the detailed sections below.
See what AICA knows about Sahara Hospitality
Deeper analysis, financial signals and peer comparisons.
Company Identity
| Registered name | Sahara Hospitality Limited |
|---|---|
| CIN | U55101MH1989PLC140211 |
| PAN | Not available in the public sources reviewed. |
| 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 — confirmed |
Business Overview
- 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
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Om Prakash Srivastava ( | 00144000 | - | 15 Mar 2019 |
GST Registration
| 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
- 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
In the News
Sahara Hospitality H1 Income Down 6.89% To OMR 1.27 Mln
TradingView · 3 months ago
Headlines about Sahara Hospitality Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.
Source: Google News aggregated headlines
Charges & Loans
- 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)
- 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
- 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
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