Hug Foods Private Limited

Produces and sells a variety of frozen treats and desserts.

2011 | Ludhiana, Punjab (India) | Active
Last Updated: December 22, 2024

Hug Foods Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.75 Cr
  • Company Age 13 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 44.87%
  • Profit Growth 3887.61%
  • Ebitda 205.79%
  • Net Worth 87.83%
  • Total Assets -66.15%

About Hug Foods

Hug Foods Private Limited (HFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 September 2011 and has a history of 13 years and five months. Its registered office is in Ludhiana, Punjab, India.

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 4.00 Cr and a paid-up capital of Rs 3.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Som Garg and Rinkesh Gupta serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55100PB2011PTC035473

  • Company No.

    035473

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Sep 2011

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Food and Beverages

What products or services does Hug Foods Private Limited offer?

Hug Foods Private Limited offers a wide range of products and services, including Ice Cream, Curd, Frozen Yogurt, Bakery Sweets, Waffle, Donut, Muffin & Cupcakes, Cupcakes.

Who are the key members and board of directors at Hug Foods?

Board Members (2)

NameDesignationAppointment DateStatus
Som Garg Country flag representing In Director 16-Sep-2011Current
Rinkesh Gupta Country flag representing In Director 28-Nov-2018Current

Financial Performance of Hug Foods.

Hug Foods Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 44.87% increase. The company also saw a substantial improvement in profitability, with a 3887.61% increase in profit. The company's net worth Soared by an impressive increase of 87.83%.

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
44.87%
Revenue from Operations
44.50%
Total Assets
-66.15%
Profit or Loss
3887.61%
Net Worth
87.83%
EBITDA
205.79%

What is the Ownership and Shareholding Structure of Hug Foods?

In 2020, Hug Foods had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Hug Foods?

Unlock and access historical data on people associated with Hug Foods, 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 Hug Foods, 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 Hug Foods'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 Hug Foods

Recent activity within the organization

  • Annual General Meeting

    Hug Foods Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Hug Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Rinkesh Gupta was appointed as a Director was appointed as a Director on 28 Nov 2018 & has been associated with this company since 6 years 2 months .

    28 Nov 2018

  • Director Appointment

    Som Garg was appointed as a Director was appointed as a Director on 16 Sep 2011 & has been associated with this company since 13 years 5 months .

    16 Sep 2011

  • Company Incorporation

    Hug Foods Private Limited was registered on 16 Sep 2011 with Roc Chandigarh & aged 13 years 5 months as per MCA records.

    16 Sep 2011

Frequently asked questions

  • Hug Foods Private Limited was incorporated on 16 Sep 2011.

  • The authorized share capital of Hug Foods Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.75 Cr.

  • Currently 2 directors are associated with Hug Foods Private Limited.

    • Som Garg
    • Rinkesh Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hug Foods Private Limited is Focal Point Phase Iv, C/O Nahar Industrial Enterprise India, Ludhiana, Punjab, 141010.

  • The corporate identification number (CIN) of Hug Foods Private Limited is U55100PB2011PTC035473 and the company number is 035473 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hug Foods Private Limited has risen by 44.87%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hug Foods Private Limited has experienced an upsurge of 87.83%.

  • The most recent Balance Sheet for Hug Foods Private Limited was filed with the ROC on 31 Mar 2024.

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