Company Intelligence Profile
Zolostays Property Solutions Private Limited
Zolostays (brand "Zolo") operates a technology-enabled co-living / paying-guest (PG) accommodation platform across India, offering shared and private rooms with flexible stay durations, meal subscriptions, housekeeping and community ("Zo-Club") programming.
CIN: U74900KA2015PTC080643ActiveRoC Bangalore / Karnataka (Source: Tofler, TheCompanyCheck)Confidence: medium-high
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 | Zolostays Property Solutions Private Limited |
|---|---|
| CIN | U74900KA2015PTC080643 |
| PAN | AAACZ8446N (Source: Tofler) |
| Status | Active |
| Listing | Unlisted (private limited company; not listed on any stock exchange) |
| Incorporated | 03 June 2015 (Source: Tofler, TheCompanyCheck — both agree) |
| ROC | RoC Bangalore / Karnataka (Source: Tofler, TheCompanyCheck) |
| Sector (NIC) | Business Services — internet-based accommodation/co-living services for paying guests (meals, housekeeping, related amenities). NIC main activity code under "J - Information & Communication / Internet & Online Service Marketplaces" per TheCompanyCheck. (Source: Tofler, TheCompanyCheck) |
| Registered address | No. 1190, 22nd Cross, HSR Layout, Sector 3, Bangalore, Karnataka, India, 560102 (Source: Tofler, TheCompanyCheck — consistent) |
| Authorized capital | ₹10.0 Crore (Source: Tofler, TheCompanyCheck) |
| Paid-up capital | ₹32.5 Lakh (Tofler) / ₹32.48 Lakh (TheCompanyCheck) — consistent |
Business Overview
Confirmed- Zolostays (brand "Zolo") operates a technology-enabled co-living / paying-guest (PG) accommodation platform across India, offering shared and private rooms with flexible stay durations, meal subscriptions, housekeeping and community ("Zo-Club") programming
- Per its own site: 50,000+ customers served, 450+ staff ("Zoloites"), operations across 10+ cities including Bangalore, Chennai, Coimbatore, Pune, Hyderabad, Noida, Delhi, Mumbai and Gurugram
- In April 2025 the company reportedly divested its college/student-accommodation business to Good Host Spaces for ₹108 Cr, sharpening focus on working-professional co-living
- (Sources: zolostays.com
- Entrackr)
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Akhil Sikri | 06579931 | Director/Shareholder, appointed 03 Jun 2015 co-founder. | 03 Jun 2015 |
| Nikhil Sikri | 07255527 | Director/Shareholder, appointed 05 Aug 2015 co-founder/CEO. | 05 Aug 2015 |
| Gaurav Sharma | 03311656 | Nominee Director, appointed 12 Feb 2019 investor nominee. DINs sourced from Tofler; TheCompanyCheck corroborates names/roles/appointment dates but did not expose DIN numbers on the free page; confirmed via 2 sources for names/roles, DINs single-sourced Tofler so treated as partial/needs cross-check against MCA. | 12 Feb 2019 |
Financials
Partial / conflicting- FY24 (year ended Mar 2024): Revenue ~₹200 Cr (Entrackr reported "~5x growth from prior year," implying a very depressed FY23 base — treat with caution)
- FY25 (year ended Mar 2025): Revenue ~₹342 Cr, +67% YoY (Entrackr, Apr 2026 report)
- Per Tofler's ratio/summary page (FY24 filing basis): Net Worth declined ~64% YoY
- Borrowings increased ~45.3%
- Total Assets ₹150.5 Cr (down 6.2%)
- Gross Margin -68.61%, Operating Margin 40.05%, Net Profit Margin 42.53%, ROE -107.32%, ROCE -185.04%, Debt/Equity 1.1 — these ratios appear internally inconsistent (e.g., positive net margin alongside deeply negative ROE) and Tofler gated the underlying absolute P&L figures (revenue/EBITDA/PAT in Rs) behind a paid subscription, so treat the ratio set as partial/unverified rather than confirmed
- No standalone-vs-consolidated basis was disclosed on the free pages
- Outstanding secured charges per Tofler: ICICI Bank Ltd ₹4.5 Cr (1 charge, created 19 Jul 2023)
- HDFC Bank Ltd ₹0.2 Cr + ₹0.8 Cr (2 charges)
- Overall financials status: partial — figures for scale (revenue trend) are reasonably corroborated by press
- profitability/net-worth figures rest on a single source (Tofler) and internally inconsistent ratios, so should be flagged for the page rather than presented as hard confirmed numbers
Funding History
Partial / conflicting- Series B: $30 million, led by Nexus Venture Partners and IDFC — January 2019 (Entrackr)
- Series C: $56 million, led by Investcorp — July 2020 (Entrackr)
- Total disclosed institutional funding across these two rounds: ~$86M
- earlier seed/Series A rounds (pre-2019) not independently re-verified in this pass — company is known in press to have raised additional early rounds from Nexus/IDFC prior to 2019, but exact amounts not re-confirmed here, so marked partial
- Strategic divestiture (not a funding round): sold its college/student-housing vertical to Good Host Spaces for ₹108 Cr, April 2025 (Entrackr)
Charges / Loans
Partial / conflicting- Per Tofler (as of latest MCA charge filings reflected there): ICICI Bank Limited — ₹4.5 Crore, 1 open charge, created 19 July 2023
- HDFC Bank Limited — two open charges totaling ₹1.0 Crore (₹0.2 Cr + ₹0.8 Cr)
- No charge-satisfaction or additional lender details were available on the free-tier pages
- Status: partial (single source
- amounts/dates not cross-verified against a second registry source)
Legal / Litigation
Partial / conflicting- Indian Kanoon search surfaced multiple civil matters naming "ZoloStays Property Solutions Pvt. Ltd." as a party (mostly landlord/lease/property-recovery type disputes typical for a leased-inventory co-living operator), including: (1) M/S ZoloStays Property Solutions Pvt. Ltd. vs M/S JB Construction Company — Karnataka High Court (dated 18 Jun 2025 per source)
- (2) Original Applications vs M/S ZoloStays Property Solutions Pvt. Ltd. — Madras High Court (03 Jun 2021)
- (3) A. Perikarupan vs M/S ZoloStays Property Solutions — Madras High Court
- (4) ZoloStays Property Solutions Pvt. Ltd. vs Syed Suliaman Peer Mohammed — Madras High Court (09 Oct 2023)
- (5) Mr. Rajesh Kumar vs M/S ZoloStays Property Solutions — Madras High Court (10 Jun 2021)
- (6) Mrs
- J. Anita Reddy vs M/S ZoloStays Property Solutions — Telangana High Court (28 Jun 2022)
- (7) ZoloStays Property Solutions Pvt. Ltd. vs Mokhan Builders — Bangalore District Court
- (8) ZoloStays Property Solutions Pvt. Ltd. vs M/S Jayalakshmi Infra and Investments — Bangalore District Court
- These were extracted via an AI summarization of an Indian Kanoon search results page rather than direct case-document review, so case numbers/full citations are not independently verified — treat as indicative of routine leasing/property litigation (consistent with the business model of leasing/sub-leasing residential inventory at scale) rather than material adverse litigation
- No criminal, regulatory-enforcement, or insolvency (NCLT/IBC) proceedings were found
- Status: partial
Competitors
Partial / conflicting- Direct co-living/managed-accommodation peers in India: (1) Stanza Living — largest co-living operator, broadly comparable/larger scale
- (2) Colive (Uninest/Colive) — pan-India co-living peer, similar scale
- (3) NestAway (post-restructuring, smaller/niche scale) — earlier-generation peer
- (4) Your-Space — student/co-living accommodation, smaller scale
- (5) Settl. — co-living, smaller/regional scale
- (6) Good Host Spaces — the acquirer of Zolostays' college-housing vertical, active in student accommodation
- Zolostays is generally regarded as a top-3 player by scale alongside Stanza Living and Colive in the organized Indian co-living/PG segment
- (Based on general market knowledge
- not independently re-verified via a dedicated market-sizing source in this pass.)
Frequently Asked Questions
What does Zolostays Property Solutions Private Limited do?
Zolostays (brand "Zolo") operates a technology-enabled co-living / paying-guest (PG) accommodation platform across India, offering shared and private rooms with flexible stay durations, meal subscriptions, housekeeping and community ("Zo-Club") programming.
What is the CIN of Zolostays Property Solutions Private Limited?
The Corporate Identification Number (CIN) of Zolostays Property Solutions Private Limited is U74900KA2015PTC080643.
Where is Zolostays Property Solutions Private Limited registered?
Zolostays Property Solutions Private Limited is registered with RoC Bangalore / Karnataka (Source: Tofler, TheCompanyCheck). Registered address: No. 1190, 22nd Cross, HSR Layout, Sector 3, Bangalore, Karnataka, India, 560102 (Source: Tofler, TheCompanyCheck — consistent)
When was Zolostays Property Solutions Private Limited incorporated?
Zolostays Property Solutions Private Limited was incorporated on 03 June 2015 (Source: Tofler, TheCompanyCheck — both agree).
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