Hotspot Retail Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.40 M
- Company Age 5 Year, 9 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 nine months 11 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudhanshu Modi  | Director | 20-Jan-2021 | Current |
| Shweta Sarin | Additional Director | 29-Dec-2023 | Current |
| Vivek Sarin | Director | 20-Jan-2021 | Current |
| Ashok Modi | Director | 16-Feb-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
- Mobiokart India Private Limited
Sudhanshu Modi, Vivek Sarin and 1 more are mutual person
- Hotspot Digi Private Limited
Vivek Sarin is a mutual person
- Srinathji Furnishings Private Limited
Ashok Modi is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2023 | Hdfc Bank Limited | ₹3.00 Cr | Open |
| 31 May 2022 | Others | ₹50.00 Cr | Open |
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.
Deals i
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
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
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 3 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.
Recent News, Updates & Announcement
Spice Hotspot ties up with e-commerce firm Rocking Deals for selling refurbished electronic gadgets.This will also mark the entry of Spice Hotspot into the office automation and refurbished space. .
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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