Hershey India Profile
Key Indicators
- Authorised Capital ₹ 1,200.00 Cr
- Paid Up Capital ₹ 833.10 Cr
- Company Age 28 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 146.00 Cr
- Revenue Growth 13.53%
- Profit Growth 0.84%
- Ebitda 5.60%
- Net Worth -20.30%
- Total Assets 8.32%
About Hershey India
Hershey India Private Limited (HIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 February 1997 and has a history of 28 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Godrej Beverages & Foods Limited. The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1,200.00 Cr and a paid-up capital of Rs 833.10 Cr.
The company has closed loans amounting to ₹146.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hershey India Private Limited India is Dhanashree Khare as COMPANY SECRETARY. Niranjani Chandramouli, Bjork Hupfeld, and Luigi Mirri serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24240MH1997PTC105714
- Company No.
105714
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Feb 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Food and Beverages
What products or services does Hershey India Private Limited offer?
Hershey India Private Limited offers a wide range of products and services, including Candy & Jelly, Toffees, Fruit Syrups, Chocolate Syrup, Candy Lollipop, Chocolate, Chocolate Candies, Flavoured Milk, Flavored Soya Milk, Flavoured Candies.
Hershey India Private Limited
Explore comprehensive data for Hershey India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Hershey India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhanashree Khare  | Company Secretary | 01-Jan-2014 | Current |
Luigi Mirri  | Managing Director | 23-Jan-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Niranjani Chandramouli | Director | 03-Jul-2020 | Current |
Bjork Hupfeld  | Director | 04-Jan-2018 | Current |
Financial Performance of Hershey India.
Hershey India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.53% increase. The company also saw a slight improvement in profitability, with a 0.84% increase in profit. The company's net worth observed a substantial decline by a decrease of 20.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hershey India?
In 2023, Hershey India had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Onward Technologies LimitedNiranjani Chandramouli is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹146.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 110.00 Cr
- Union Bank Of India : 14.00 Cr
- Standard Chartered Bank : 12.00 Cr
- Union Bank 0F India : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2006 | Axis Bank Limited | ₹110.00 Cr | Satisfied |
| 14 Nov 2003 | Union Bank 0F India | ₹10.00 Cr | Satisfied |
| 27 Dec 2002 | Standard Chartered Bank | ₹12.00 Cr | Satisfied |
| 20 Nov 2002 | Union Bank Of India | ₹10.00 Cr | Satisfied |
| 08 Nov 2002 | Union Bank Of India | ₹4.00 Cr | Satisfied |
How Many Employees Work at Hershey India?
Hershey India has a workforce of 430 employees as of Mar 22, 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 Hershey India, 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 Hershey India'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 Hershey India
Recent activity within the organization
- Annual General Meeting
Hershey India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Hershey India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Luigi Mirri was appointed as a Managing Director was appointed as a Managing Director on 23 Jan 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Niranjani Chandramouli was appointed as a Director was appointed as a Director on 03 Jul 2020 & has been associated with this company since 4 years 8 months .
- Director Appointment
Bjork Hupfeld was appointed as a Director was appointed as a Director on 04 Jan 2018 & has been associated with this company since 7 years 2 months .
- Director Appointment
Dhanashree Jeevan Khare was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jan 2014 & has been associated with this company since 11 years 2 months .
Recent News, Updates & Announcement
- Hershey India Appoints New Boss with Impressive Background, Plans $50 Million Investment in Growing Market.
Hershey India got new boss, Herjit S Bhalla, who worked at Unilever for 16 years. He also worked at Metro Cash & Carry. The Hershey Company's President is happy and thinks India is important. They will invest $50 million in India. They used to be with Godrej Group but now they are alone. They have yummy products like Hershey's Syrups and Brookside Chocolates..
Frequently asked questions
What is the Incorporation or founding date of Hershey India Private Limited?
Hershey India Private Limited was incorporated on 07 Feb 1997.
What is authorized share capital and paid-up capital of Hershey India Private Limited?
The authorized share capital of Hershey India Private Limited is ₹ 1,200.00 Cr and paid-up capital is ₹ 833.10 Cr.
Who are the current board members & directors of Hershey India Private Limited?
Currently 4 directors are associated with Hershey India Private Limited.
- Niranjani Chandramouli
- Bjork Hupfeld
- Dhanashree Jeevan Khare
- Luigi Mirri
What is the registered address of Hershey India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hershey India Private Limited is Schindler House Hiranandani Gardens, Powai India, Mumbai, Maharashtra, 400076.
What is the corporate identification number (CIN) and company number of Hershey India Private Limited?
The corporate identification number (CIN) of Hershey India Private Limited is U24240MH1997PTC105714 and the company number is 105714 as per Ministry of Corporate Affairs (MCA).
What is the official website of Hershey India Private Limited?
The Official website of Hershey India Private Limited is https://www.hersheys.com
What has been the recent revenue trend for Hershey India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Hershey India Private Limited has risen by 13.53%.
How many employees does Hershey India Private Limited currently have?
As Per 2023 financial reports, 430 employees are currently employed by Hershey India Private Limited.
What change has been observed in the net worth of Hershey India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Hershey India Private Limited has experienced an downturn of -20.30%.
When was the last Balance Sheet of Hershey India Private Limited filed with the ROC?
The most recent Balance Sheet for Hershey India Private Limited was filed with the ROC on 31 Mar 2024.
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