India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,545 Chirag Parekh & family ₹1,300 Cr
Huuves Design Private Limited
Huuves Design Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company fashion and textile
Revenue · FY 2025
₹29.37 Lakh
▼ 32% YoY
Net profit · FY 2025
₹25.1 Lakh
Net margin 85.4%
EBITDA · FY 2025
₹25.1 Lakh
EBITDA margin 85.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Huuves Design Private Limited
Data last updated:
Huuves Design Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 25 March 2019 and has been in existence for over 7 years.
Its director Chirag Parekh and family are #1,545 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18202MH2019PTC322910. Its GSTIN is 27AAECH8536R1ZR (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shetal Chirag Parekh and Chirag Ashwin Parekh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.37 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹25.1 Lakh (net margin 85.4%) and EBITDA of ₹25.1 Lakh (EBITDA margin 85.4%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 61% over five years.
Company details
CIN U18202MH2019PTC322910
Registration Number 322910
Incorporation Date 25 March 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Recognitions & Rankings of Huuves Design
Contact details
Huuves Design Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressB/214 Floor 2 Wing B Commercial, Building Kanakia Wallstreet Andheri(E), Mumbai, Maharashtra, India – 400093
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Huuves Design Private Limited, buy the company report.
Comprehensive company report
Huuves Design Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Huuves Design is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Huuves Design Private Limited, buy the company report.
Financials of Huuves Design Private Limited
FY 2025 filings availableHuuves Design Private Limited reported revenue of ₹29.37 Lakh (down 32% YoY) for FY 2025.
Revenue · FY 2025
₹29.37 Lakh ▼ 32%
Net profit · FY 2025
₹25.1 Lakh margin 85.4%
EBITDA · FY 2025
₹25.1 Lakh margin 85.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 41%
5 years · compounded
▲ 61%
EBITDA CAGR growth
1 year
▲ 539%
3 years · compounded
▲ 81%
5 years · compounded
▲ 110%
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 61%. EBITDA rose 539% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹25.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.1 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.4% | ||||
| Net Profit Margin | 85.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Huuves Design Private Limited, buy the company report.
Board of directors of Huuves Design Private Limited
Huuves Design has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shetal Chirag Parekh | Director | 25 Mar 2019 | 7 Years 7 Months | Current |
| Chirag Ashwin Parekh | Director | 25 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Huuves Design Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magic Idea Creations Private Limited | ₹29.66 Lakh (FY 2016) | -77.0% | Chennai, Tamil Nadu, India | |||
| Mellonta Trading Private Limited | ₹29.65 Lakh (FY 2025) | -25.0% | Lucknow, Uttar Pradesh, India | |||
| Kariwala Sarees Pvt Ltd | ₹29.39 Lakh (FY 2025) | -89.0% | Kolkata, West Bengal, India | |||
| Huuves Design Private Limitedthis company | ₹29.37 Lakh (FY 2025) | ₹25.1 Lakh | 85.4% | -32.0% | Mumbai, Maharashtra, India | |
| Vibhavari Creation Private Limited | ₹29.34 Lakh (FY 2025) | -83.0% | Kolkata, West Bengal, India | |||
| Shailja Creation Pvt Ltd | ₹29.12 Lakh (FY 2025) | -39.0% | Kolkata, West Bengal, India | |||
| Mithras Business Ventures India Private Limited | ₹29.06 Lakh (FY 2019) | Bengaluru, Karnataka, India |
To see the full peer comparison of Huuves Design Private Limited, buy the company report.
Auditor
Huuves Design Private Limited is audited by SABBIR AMERELIWALA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SABBIR AMERELIWALA & ASSOCIATES | FY 2020 | 132124W |
Shareholding
The shareholding of Huuves Design Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Huuves Design Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Huuves Design 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 Huuves Design Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Huuves Design has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH8536R1ZR | Maharashtra | Active | 25 Jul 2019 |
| 24AAECH8536R1ZX | Gujarat | Active | 08 Jun 2020 |
To see the full GST registrations and return filing status of Huuves Design Private Limited, buy the company report.
Recent activity
Huuves Design Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Chirag Ashwin Parekh was appointed as Director on 25 Mar 2019.
AGM
Huuves Design Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Huuves Design Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Chirag Ashwin Parekh was appointed as Director.
Appointed
Shetal Chirag Parekh was appointed as Director.
Incorporation
25 Mar 2019
Huuves Design Private Limited was registered on 25 Mar 2019 with Roc Mumbai I & aged 7 years 7 months as per MCA records.
Frequently asked questions
Huuves Design is an active private limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 25 March 2019 (7+ years old) and is registered under CIN U18202MH2019PTC322910.
Huuves Design has 2 current directors:
- Shetal Chirag Parekh - Director
- Chirag Ashwin Parekh - Director
The latest financial statements of Huuves Design on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Huuves Design is 27AAECH8536R1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAECH8536R1ZX (Gujarat).
The CIN (Corporate Identification Number) of Huuves Design is U18202MH2019PTC322910. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Huuves Design was incorporated on 25 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Huuves Design by revenue are Magic Idea Creations Private Limited, Mellonta Trading Private Limited, Kariwala Sarees Pvt Ltd, Vibhavari Creation Private Limited, Shailja Creation Pvt Ltd and 1 more, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Chirag Ashwin Parekh was appointed as Director on 25 Mar 2019. Shetal Chirag Parekh was appointed as Director on 25 Mar 2019.
The registered office of Huuves Design is at B214 Floor 2 Wing B Commercial, Building Kanakia Wallstreet AndheriE, Mumbai, Maharashtra, India – 400093.
Huuves Design operates in the fashion and textile industry, in the fashion retail segment.
Huuves Design can be reached at its registered office: B214 Floor 2 Wing B Commercial, Building Kanakia Wallstreet AndheriE, Mumbai, Maharashtra, India – 400093.
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