Hotspot Retail Private Limited

Mobile retail store with online portal and multiple brand offerings.

2019 | Delhi (India) | Active
Last Updated:

Hotspot Retail Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.40 M
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 53.00 Cr
  • Revenue Growth 929.36%
  • Profit Growth -255.13%
  • Ebitda 82.21%
  • Net Worth -35.79%
  • Total Assets 29.95%

About Hotspot Retail

Hotspot Retail Private Limited (HRPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 June 2019 (Five years and eight months 20 days old ). Its registered office is in Delhi, India.

The Corporate was formerly known as Best Mobile Distribution Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.40 M.

The company currently has active open charges totaling ₹53.00 Cr.

Sudhanshu Modi, Shweta Sarin, Vivek Sarin, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52609DL2019PTC351516

  • Company No.

    351516

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Hotspot Retail?

Board Members (4)

NameDesignationAppointment DateStatus
Sudhanshu Modi Country flag representing In Director 20-Jan-2021Current
Shweta Sarin Country flag representing In Additional Director 29-Dec-2023Current
Vivek Sarin Country flag representing In Director 20-Jan-2021Current
Ashok Modi Country flag representing In Director 16-Feb-2021Current

Financial Performance of Hotspot Retail.

Hotspot Retail Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 929.36% increase. The company also saw a substantial fall in profitability, with a 255.13% decrease in profit. The company's net worth observed a substantial decline by a decrease of 35.79%.

Hotspot Retail revenue growth over time
Hotspot Retail profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
929.36%
Revenue from Operations
929.35%
Total Assets
29.95%
Profit or Loss
-255.13%
Net Worth
-35.79%
EBITDA
82.21%

What is the Ownership and Shareholding Structure of Hotspot Retail?

In 2022, Hotspot Retail had a promoter holding of 51.25% and a public holding of 48.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹530.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 50.00 Cr
  • Hdfc Bank Limited : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2023Hdfc Bank Limited₹3.00 CrOpen
31 May 2022Others₹50.00 CrOpen

How Many Employees Work at Hotspot Retail?

Hotspot Retail has a workforce of 169 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Hotspot Retail Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hotspot Retail, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hotspot Retail's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hotspot Retail

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 500.00 M registered on 31 May 2022 with Charge ID 100590165 was modified on 23 Jul 2024.

  • Director Appointment

    Shweta Sarin was appointed as a Additional Director was appointed as a Additional Director on 29 Dec 2023 & has been associated with this company since 1 year 2 months .

  • Annual General Meeting

    Hotspot Retail Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Hotspot Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 M with Charge ID 100728496 was registered on 16 Mar 2023.

  • Charges

    A charge with Others amounted to Rs. 500.00 M with Charge ID 100590165 was registered on 31 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Hotspot Retail Private Limited?

    Hotspot Retail Private Limited was incorporated on 18 Jun 2019.

  • What is authorized share capital and paid-up capital of Hotspot Retail Private Limited?

    The authorized share capital of Hotspot Retail Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.40 M.

  • Who are the current board members & directors of Hotspot Retail Private Limited?

    Currently 4 directors are associated with Hotspot Retail Private Limited.

    • Sudhanshu Modi
    • Shweta Sarin
    • Vivek Sarin
    • Ashok Kumar Modi

  • What is the registered address of Hotspot Retail Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hotspot Retail Private Limited is G-3 Ground Floor Gedor House 51, Nehru Place India, New Delhi, 110019.

  • What is the corporate identification number (CIN) and company number of Hotspot Retail Private Limited?

    The corporate identification number (CIN) of Hotspot Retail Private Limited is U52609DL2019PTC351516 and the company number is 351516 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hotspot Retail Private Limited?

    The Official website of Hotspot Retail Private Limited is https://www.hotspotstore.com

  • What has been the recent revenue trend for Hotspot Retail Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Hotspot Retail Private Limited has risen by 929.36%.

  • How many employees does Hotspot Retail Private Limited currently have?

    As Per 2022 financial reports, 169 employees are currently employed by Hotspot Retail Private Limited.

  • What change has been observed in the net worth of Hotspot Retail Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Hotspot Retail Private Limited has experienced an downturn of -35.79%.

  • What are the total open charges for Hotspot Retail Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Hotspot Retail Private Limited amount to ₹ 53.00 Cr.

  • When was the last Balance Sheet of Hotspot Retail Private Limited filed with the ROC?

    The most recent Balance Sheet for Hotspot Retail Private Limited was filed with the ROC on 31 Mar 2023.

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