Hug Initiatives Llp - Company Profile

It is a business services limited liability partnership based in Seri Lingampally, Telangana, India, established in 2021.
2021 Seri Lingampally, Telangana, India Active
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About Hug Initiatives Llp

Hug Initiatives Llp, a active limited liability partnership, was established on 18 August 2021 in Seri Lingampally, Telangana, India. Engaging in other services within the business services sector, it holds LLPIN: AAY-2357. Registered under ROC Roc Hyderabad. It has total obligation of contribution of ₹10.00 K .

Formerly known as Ascend Workforce Llp. Its leadership includes Sridevi Nakka (Designated Partner), Nirup Gnanendra Nakka (Designated Partner). Its latest date of accounts and solvency statement 31 March 2024. It is based at Flat No. H3504, My Home Bhooja Sy.No. 83/1, Knowledge City, Raidugram, Panmaktha, Near Biodiversity, Gachibowli, Hyderabad, Telangana, Seri Lingampally, Telangana, 500032.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    AAY-2357

  • Incorporation Date

    18 August 2021

  • Total Obligation of Contribution

    ₹10.00 K

  • ROC Code

    Roc Hyderabad

  • Company Status

    Active

Key Metrics
  • Obligation of Contribution ₹ 10.00 K
  • Company Age 4 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
Company report

Hug Initiatives Llp

Company Report FY 2026-2027

Comprehensive Company Insights

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Who are the key members and board of directors at Hug Initiatives Llp?
Current Designated Partners
Name Designation Appointment Date Status
Sridevi Nakka Designated Partner 18 Aug 2021 Current
Nirup Gnanendra Nakka Designated Partner 18 Aug 2021 Current

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Financial Performance of Hug Initiatives Llp.

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Hug Initiatives Llp revenue growth over time
Hug Initiatives Llp profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Hug Initiatives Llp?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Hug Initiatives Llp?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
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Rating
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Alerts
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Latest Updates, News, and FAQs on Hug Initiatives Llp
Recent Activity within the Organization
  • Annual General Meeting

    The activity Hug Initiatives Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records. was completed.

  • Statement of Assets & Liabilities

    Progress on Hug Initiatives Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was documented.

  • Director Appointment

    Progress on Sridevi Nakka was appointed as a Designated Partner was appointed as a Designated Partner on 18 Aug 2021 & has been associated with this company since 4 years 8 months . was documented.

  • Director Appointment

    Nirup Gnanendra Nakka was appointed as a Designated Partner was appointed as a Designated Partner on 18 Aug 2021 & has been associated with this company since 4 years 8 months . was recorded as a recent event.

  • LLP Incorporation

    The activity Hug Initiatives Llp was registered on 18 Aug 2021 with Roc Hyderabad & aged 4 years 8 months as per MCA records. was completed.

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Frequently Asked Questions
What is the LLPIN of Hug Initiatives Llp?

The LLPIN of Hug Initiatives Llp is AAY-2357.

Where is Hug Initiatives Llp headquartered?

Hug Initiatives Llp is headquartered at Flat No. H3504, My Home Bhooja Sy.No. 83/1, Knowledge City, Raidugram, Panmaktha, Near Biodiversity, Gachibowli, Hyderabad, Telangana, Seri Lingampally, Telangana, 500032.

When was Hug Initiatives Llp incorporated?

Hug Initiatives Llp was incorporated on 18 August 2021.

Who are the current directors of Hug Initiatives Llp?

The current directors of Hug Initiatives Llp are

What is the primary industry of Hug Initiatives Llp?

The primary industry of Hug Initiatives Llp is Business Services.

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