Hot Chips Restaurants Private Limited

Multi-cuisine restaurant chain with 23 branches in Tamil Nadu, offering South and North Indian cuisine, chips, and beverages.

1993 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Hot Chips Restaurants Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.43 Cr
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.91 Cr
  • Satisfied Charges ₹ 1.55 Cr
  • Revenue Growth 38.22%
  • Profit Growth 46.50%
  • Ebitda -5.44%
  • Net Worth -21.76%
  • Total Assets -7.23%

About Hot Chips Restaurants

Hot Chips Restaurants Private Limited (HCRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 April 1993 and has a history of 31 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Hot Chips Madras Private Limited. The Company is engaged in the Travel And Hospitality 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 3.00 Cr and a paid-up capital of Rs 2.43 Cr.

The company currently has active open charges totaling ₹2.91 Cr. The company has closed loans amounting to ₹1.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vasudevan Rathinasamy and Vasudevan Vignesh serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U55101TN1993PTC024757

  • Company No.

    024757

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Travel and Hospitality

Who are the key members and board of directors at Hot Chips Restaurants?

Executive Team (1)

Name Designation Appointment Date Status
Vasudevan Rathinasamy Country flag representing In Managing Director 02-Apr-1993 Current

Board Members (1)

Name Designation Appointment Date Status
Vasudevan Vignesh Country flag representing In Director 16-Sep-2010 Current

Financial Performance of Hot Chips Restaurants.

Hot Chips Restaurants Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.22% increase. The company also saw a substantial improvement in profitability, with a 46.5% increase in profit. The company's net worth observed a substantial decline by a decrease of 21.76%.

Graph illustrating revenue growth over time
Graph showing 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
38.22%
Revenue from Operations
30.30%
Total Assets
-7.23%
Profit or Loss
46.50%
Net Worth
-21.76%
EBITDA
-5.44%

What is the Ownership and Shareholding Structure of Hot Chips Restaurants?

In 2023, Hot Chips Restaurants had a promoter holding of 51.61% and a public holding of 48.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.91 Cr

Satisfied Charges

₹1.55 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.00 Cr
  • Others : 0.91 Cr

Latest Charge Details

Date Lender Amount Status
27 Apr 2021 Others ₹5.14 M Open
19 Nov 2015 Axis Bank Limited ₹2.00 Cr Open
20 Oct 2014 Others ₹4.00 M Open
16 May 1998 Union Bank Of India ₹0.09 M Satisfied
18 Apr 1996 Union Bank Of India ₹1.50 Cr Satisfied

How Many Employees Work at Hot Chips Restaurants?

Unlock and access historical data on people associated with Hot Chips Restaurants, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hot Chips Restaurants, 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 Hot Chips Restaurants'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 Hot Chips Restaurants

Recent activity within the organization

  • Annual General Meeting

    Hot Chips Restaurants Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Hot Chips Restaurants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.51 Cr with Charge ID 100466887 was registered on 27 Apr 2021.

    27 Apr 2021

  • Charges

    A charge with Others of Rs. 0.40 Cr registered on 20 Oct 2014 with Charge ID 10531849 was modified on 24 Nov 2017.

    24 Nov 2017

  • Charges

    A charge registered on 16 May 1998 via Charge ID 90282140 with Union Bank Of India was fully satisfied on 30 May 2016.

    30 May 2016

  • Charges

    A charge registered on 18 Apr 1996 via Charge ID 90282853 with Union Bank Of India was fully satisfied on 30 May 2016.

    30 May 2016

Frequently asked questions

  • Hot Chips Restaurants Private Limited was incorporated on 02 Apr 1993.

  • The authorized share capital of Hot Chips Restaurants Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.43 Cr.

  • Currently 2 directors are associated with Hot Chips Restaurants Private Limited.

    • Vasudevan Rathinasamy
    • Vasudevan Vignesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hot Chips Restaurants Private Limited is Old No:103 New No:177 Sree Jees Flats 1St Floor Avvai Shanmugam Salai, Royapettah India, Chennai, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of Hot Chips Restaurants Private Limited is U55101TN1993PTC024757 and the company number is 024757 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hot Chips Restaurants Private Limited is https://www.hotchipsrestaurants.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hot Chips Restaurants Private Limited has risen by 38.22%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hot Chips Restaurants Private Limited has experienced an downturn of -21.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hot Chips Restaurants Private Limited amount to ₹ 2.91 Cr.

  • The most recent Balance Sheet for Hot Chips Restaurants Private Limited was filed with the ROC on 31 Mar 2024.

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