- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0034874

Hoop Innovation Private Limited
About Hoop Innovation Private Limited
Data last updated:
Hoop Innovation Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 10 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51909PN2017PTC171353. Its GSTIN is 27AAECH2465F1ZO (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ujwala Prakash Khopade and Vishwaraj Dadasaheb Salokhe.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Flat No. 24 Anandibag Apartments S/No. 29/5 Near Tejas Nagar Kothrud, Pune, Maharashtra, India – 411029.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.23 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹5.22 Lakh (net margin -4.2%) and EBITDA of -₹3.66 Lakh (EBITDA margin -3%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
Hoop Innovation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0034874). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Hoop Innovation
Contact details
Hoop Innovation Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 24 Anandibag Apartments S/No. 29/5 Near Tejas Nagar Kothrud, Pune, Maharashtra, India – 411029
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Hoop Innovation Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Hoop Innovation is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hoop Innovation Private Limited, buy the company report.
Financials of Hoop Innovation Private Limited
FY 2022 filings availableHoop Innovation Private Limited reported revenue of ₹1.23 Cr (down 46% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 46% fall in the latest year. EBITDA rose 33% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | -₹3.66 Lakh | ||||
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| Net Profit (PAT) | -₹5.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -3% | ||||
| Net Profit Margin | -4.2% | ||||
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To see the full financial statements and ratios of Hoop Innovation Private Limited, buy the company report.
Board of directors of Hoop Innovation Private Limited
Hoop Innovation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ujwala Prakash Khopade | Director | 10 Jul 2017 | 9 Years 4 Months | Current |
| Vishwaraj Dadasaheb Salokhe | Director | 10 Jul 2017 | 9 Years 4 Months | Current |
| Sharad Jadhav Sayajirao | Director | 10 Jul 2017 | 9 Years 4 Months | Current |
Peer comparison
Hoop Innovation Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunvision Textiles Private Limited | ₹1.24 Cr (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Krish Fabrics India Private Limited | ₹1.24 Cr (FY 2025) | -94.0% | Kolkata, West Bengal, India | |||
| Esspee Synthetics India Pvt Ltd | ₹1.24 Cr (FY 2025) | -56.0% | Ahmedabad, Gujarat, India | |||
| Kir-Tex Pvt Ltd | ₹1.23 Cr (FY 2025) | -22.0% | Jodhpur, Rajasthan, India | |||
| Hoop Innovation Private Limitedthis company | ₹1.23 Cr (FY 2022) | -₹5.22 Lakh | -4.2% | -46.0% | Pune, Maharashtra, India |
To see the full peer comparison of Hoop Innovation Private Limited, buy the company report.
Auditor
Hoop Innovation Private Limited is audited by SAGAR JETHALIYA & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAGAR JETHALIYA & COMPANY | FY 2021 | 142647W |
Shareholding
The shareholding of Hoop Innovation Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Hoop Innovation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hoop Innovation Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hoop Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hoop Innovation has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH2465F1ZO | Maharashtra | Active | 06 Nov 2017 |
To see the full GST registrations and return filing status of Hoop Innovation Private Limited, buy the company report.
Recent activity
Hoop Innovation Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Sharad Jadhav Sayajirao was appointed as Director on 10 Jul 2017.
Frequently asked questions
Hoop Innovation is an active private limited company based in Pune, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 10 July 2017 (9+ years old) and is registered under CIN U51909PN2017PTC171353.
Hoop Innovation has 3 current directors:
- Ujwala Prakash Khopade - Director
- Vishwaraj Dadasaheb Salokhe - Director
- Sharad Jadhav Sayajirao - Director
The latest financial statements of Hoop Innovation on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Hoop Innovation is 27AAECH2465F1ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hoop Innovation is U51909PN2017PTC171353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hoop Innovation was incorporated on 10 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Hoop Innovation by revenue are Sunvision Textiles Private Limited, Krish Fabrics India Private Limited, Esspee Synthetics India Pvt Ltd, Kir-Tex Pvt Ltd, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Sharad Jadhav Sayajirao was appointed as Director on 10 Jul 2017. Ujwala Prakash Khopade was appointed as Director on 10 Jul 2017. Vishwaraj Dadasaheb Salokhe was appointed as Director on 10 Jul 2017.
Yes, Hoop Innovation is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0034874).
The registered office of Hoop Innovation is at Flat No. 24 Anandibag Apartments SNo. 295 Near Tejas Nagar Kothrud, Pune, Maharashtra, India – 411029.
Hoop Innovation operates in the home and lifestyle industry, in the textile retail and distribution segment.

