Hygge Innovations Private Limited
About Hygge Innovations Private Limited
Data last updated:
Hygge Innovations Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the online retail and e-commerce segment of the e-commerce sector. It was incorporated on 08 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U52520OR2021PTC036666. Its GSTIN is 21AAFCH8101H1Z2 (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Burugana Dilip Kumar Patra (Managing Director) and Puja Patra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 73 Kalinga Nagar K7, Bhubaneswar, Odisha, India – 751003.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.19 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹24,858 (net margin 7.8%) and EBITDA of ₹33,218 (EBITDA margin 10.4%).
Company details
Contact details
Hygge Innovations Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 73 Kalinga Nagar K7, Bhubaneswar, Odisha, India – 751003
- IndustryE-Commerce, Online Store, Retailers
To see the full contact details of Hygge Innovations 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 Hygge Innovations 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 Hygge Innovations Private Limited, buy the company report.
Financials of Hygge Innovations Private Limited
FY 2024 filings availableHygge Innovations Private Limited reported revenue of ₹3.19 Lakh (down 59% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 59% in the latest year. EBITDA fell 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹33,218 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹24,858 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.4% | ||
| Net Profit Margin | 7.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| 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 Hygge Innovations Private Limited, buy the company report.
Board of directors of Hygge Innovations Private Limited
Hygge Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Burugana Dilip Kumar Patra | Managing Director | 08 Jun 2021 | 5 Years 5 Months | Current |
| Puja Patra | Director | 08 Jun 2021 | 5 Years 5 Months | Current |
Peer comparison
Hygge Innovations Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Kysmart Electricals Private Limited | ₹3.19 Lakh (FY 2020) | 41.0% | Pune, Maharashtra, India | |||
| Pushco International Private Limited | ₹3.19 Lakh (FY 2023) | Karnal, Haryana, India | ||||
| Anoopurva Enterprises Private Limited | ₹3.19 Lakh (FY 2022) | -98.0% | Delhi, India | |||
| Viva Biotec Private Limited | ₹3.19 Lakh (FY 2025) | -25.0% | Gurgaon, Haryana, India | |||
| Aak Retailmart Private Limited | ₹3.19 Lakh (FY 2023) | 668.0% | Khorda, Odisha, India | |||
| Hygge Innovations Private Limitedthis company | ₹3.19 Lakh (FY 2024) | ₹24,858 | 7.8% | -59.0% | Bhubaneswar, Odisha, India | |
| Nirbhayjvs Private Limited | ₹3.19 Lakh (FY 2020) | Thane, Maharashtra, India | ||||
| Gsa Retail Limited | ₹3.19 Lakh (FY 2025) | -73.0% | Kolkata, West Bengal, India | |||
| Stairway Impex Private Limited | ₹3.19 Lakh (FY 2018) | Hyderabad, Telangana, India | ||||
| Naurang Enterprises Private Limited | ₹3.19 Lakh (FY 2024) | -89.0% | Ghaziabad, Uttar Pradesh, India | |||
| Singhal General Traders Private Limited | ₹3.19 Lakh (FY 2025) | 106.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Hygge Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hygge Innovations 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 Hygge Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hygge Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCH8101H1Z2 | Odisha | Active | 24 Jun 2021 |
To see the full GST registrations and return filing status of Hygge Innovations Private Limited, buy the company report.
Recent activity
Hygge Innovations Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Burugana Dilip Kumar Patra was appointed as Managing Director on 08 Jun 2021.
Frequently asked questions
Hygge Innovations is an active private limited company based in Bhubaneswar, Odisha, India. The company works in online store, within the e-commerce industry. It was incorporated on 08 June 2021 (5+ years old) and is registered under CIN U52520OR2021PTC036666.
Hygge Innovations has 2 current directors:
- Burugana Dilip Kumar Patra - Managing Director
- Puja Patra - Director
The latest financial statements of Hygge Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Hygge Innovations is 21AAFCH8101H1Z2, registered in Odisha.
The CIN (Corporate Identification Number) of Hygge Innovations is U52520OR2021PTC036666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hygge Innovations was incorporated on 08 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Hygge Innovations by revenue are Kysmart Electricals Private Limited, Pushco International Private Limited, Anoopurva Enterprises Private Limited, Viva Biotec Private Limited, Aak Retailmart Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Burugana Dilip Kumar Patra was appointed as Managing Director on 08 Jun 2021. Puja Patra was appointed as Director on 08 Jun 2021.
The registered office of Hygge Innovations is at Plot No 73 Kalinga Nagar K7, Bhubaneswar, Odisha, India – 751003.
Hygge Innovations operates in the e-commerce industry, in the online store segment.
Hygge Innovations can be reached at its registered office: Plot No 73 Kalinga Nagar K7, Bhubaneswar, Odisha, India – 751003.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
