About Havmor
Havmor is a Consumer company based in Ahmedabad (India) founded in 1944 by Satish Chandra Chona, and was acquired by Lotte Wellfood in November 2017. Ice cream is distributed through a network of restaurant outlets. It operates on a Direct-to-Consumer (D2C) and Franchise / Licensing model. Its website havmor.com draws about 36 thousand monthly visits. Its Indian entity Lotte India Corporation Limited reported revenue of ₹691 Cr. Havmor offers products and services including Ice Creams and Party Orders. Its focus areas include Consumer Goods, Food & Beverage and Dairy Products. Its competitors include Hangyo, NIC Ice Creams and Polar Bear; 3 of its 3 listed competitors have raised funding.
Company details
Havmor, a part of Lotte India Corporation Limited, is involved in the manufacturing and distribution of a wide range of ice cream flavors. The company operates in the food and beverage sector, focusing on dairy products. Various solutions such as party orders and catering services are provided for events and celebrations. Operations are based in India, with a strong presence in multiple cities for distribution and customer engagement.
- Headquarters Ahmedabad, India
- Founders Satish Chandra Chona
- Stage Acquired
- SectorsConsumer
- Website category Food and Drink · Restaurants and Delivery
- Phone•••• ••••
- Website havmor.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Lotte Wellfood (Nov 2017)
- Legal Name Lotte India Corporation Limited
- Date of Incorporation 26 Mar, 1954
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹691 Cr
FY 2024 · +13% YoY
- Net Profit₹22.20 Cr
FY 2024 · 3% margin
- EBITDA₹87.00 Cr
FY 2024 · 13% margin
- Investors
- Acquired byLotte Wellfood
(Nov 2017)
Associated legal entities of Havmor
Havmor is associated with 3 registered companies on The Company Check; the primary company is Lotte India Corporation Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lotte India Corporation Limited CIN U15419GJ1954PTC153704 | Active | 26 Mar 1954 | Ahmedabad, Gujarat | ₹691 Cr | 564 | 6 | View details |
| Havmor Ice Cream Company Private Limited CIN U15201GJ1997PTC031466 | Strike Off | 08 Jan 1997 | Ahmedabad, Gujarat | 2 | View details | ||
| Havmor Ice Cream Private Limited CIN U15200GJ2006PTC048016 | Amalgamated | 27 Mar 2006 | Ahmedabad, Gujarat | ₹1,046 Cr | 843 | 7 | View details |
Products & Services of Havmor
Havmor offers a comprehensive portfolio of products and services, including Ice Creams and Party Orders.
Various flavors of ice creams are offered by Havmor.
Custom ice cream orders are provided for events.
Apps and channels of Havmor
its YouTube channel Havmor Ice Cream has 40.4K subscribers and 30 videos.
Videos from Havmor
The most watched videos on Havmor's YouTube channel, Havmor Ice Cream (40.4K subscribers). Click a video to play it here.
More on Havmor Ice Cream.
Investors in Havmor
Havmor has secured backing from 1 investor. Prominent investors backing the company include Lotte Wellfood.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Brand of chocolates and gummies | 1967 | lottewellfood.com | Seoul, South Korea |
Investor details for Havmor
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Board of directors of Lotte India Corporation Limited (Havmor)
Lotte India Corporation Limited is the primary company behind Havmor. The boards of the 3 registered companies of Havmor currently have 11 directors; the longest-serving is Pradeep Satishchandra Chona, appointed in 1997. 56 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pradeep Satishchandra Chona DIN 01670452 | Director | 08 Jan 1997 | 29 yrs 9 mo | Havmor Ice Cream Company Private Limited |
| Rekha Pradeep Chona DIN 01670425 | Director | 08 Jan 1997 | 29 yrs 9 mo | Havmor Ice Cream Company Private Limited |
| Milan Wahi DIN 05242884 | Managing Director | 12 Sep 2016 | 10 yrs 1 mo | Lotte India Corporation Limited |
| Duraiswamy Gunaseela Rajan DIN 00303060 | Director | 16 Dec 2017 | 8 yrs 10 mo | Havmor Ice Cream Private Limited |
| Youngdong Jin DIN 08948380 | Director | 24 Nov 2020 | 5 yrs 11 mo | Havmor Ice Cream Private Limited |
| Komal Anand DIN 06693454 | Managing Director | 25 Jan 2021 | 5 yrs 9 mo | Havmor Ice Cream Private Limited |
| Kyungwoon Cho DIN 09048060 | Director | 22 Feb 2021 | 5 yrs 8 mo | Havmor Ice Cream Private Limited, Lotte India Corporation Limited |
| Jeehye You DIN 07817025 | Director | 29 Mar 2022 | 4 yrs 7 mo | Lotte India Corporation Limited |
| Jaehyun Kim DIN 10047983 | Whole-time director | 02 Mar 2023 | 3 yrs 8 mo | Havmor Ice Cream Private Limited |
| Junyeon Kim DIN 10519756 | Additional Director | 11 Apr 2024 | 2 yrs 6 mo | Lotte India Corporation Limited |
| Jeongkwan Heo DIN 09715459 | CFO | 28 Jun 2024 | 2 yrs 4 mo | Lotte India Corporation Limited |
People of Havmor
28 people are tracked at Havmor (13 in leadership, 4 in board & advisors, 11 in team).
| Name | Role | Group |
|---|---|---|
Satish Chandra Chona | Founder | Leadership |
| Managing Director | Leadership | |
Manish Kumar | VP, Operations | Leadership |
Jeongwook Lee | Joint VP's Factory Operations | Leadership |
Debajit Bhattacharyya | VP, Procurement & Deep Freeze | Leadership |
Shashi Bhushan Singh | VP, Human Resources | Leadership |
Dhaval Mankad | VP, IT | Leadership |
Kalpesh Vadera | National Sales Development Head | Leadership |
Rishabh Verma | VP, Marketing | Leadership |
Natesh Bargi | VP, Sales | Leadership |
Arijit Banerjee | Regional Business Head ( AGM ) | Leadership |
Pankaj Trivedi | Vice President | Leadership |
Sarang Inamdar | Head Of Supply Chain Management | Leadership |
Myeongrim Choi | Non-Executive Director | Board & advisors |
| Independent Director | Board & advisors | |
| Chairman Executive Director | Board & advisors | |
| Director | Board & advisors | |
Palak Mehta | Deputy Manager | Team |
Sanjay Chaudhari | Senior Executive Production | Team |
Kapil Rathi | Area Sales Manager | Team |
8 more people are available in the full profile.
Complete people profiles for Havmor
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Financials of Havmor
Figures of Lotte India Corporation Limited, the primary company behind Havmor, for FY 2024. Revenue was ₹691 Cr (+13% year on year). Net profit was ₹22.20 Cr (3% margin). EBITDA was ₹87.00 Cr (13% margin). Revenue has grown at a compounded annual rate of +20% over three years and +10% over five years.
- ₹691 CrRevenue · FY 2024 · +13% YoY
- ₹22.20 CrNet profit · 3% margin
- ₹87.00 CrEBITDA · 13% margin
- ₹30.89 CrPaid-up capital
- 564Employees (provident fund records)
- +20%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lotte India Corporation Limited are on its company page.
Detailed financial statements for Havmor
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Havmor
2 dated milestones of Havmor across 73 years, from founding to its latest funding, stage changes and deals.
- Founded Havmor is founded.
- Exit Acquired by Lotte Wellfood.
Competitors of Havmor
Havmor has 3 listed competitors in our database, 3 of them funded. They include Hangyo, NIC Ice Creams and Polar Bear.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hangyo.in | 2002 | Mangaluru, India | $30.35M | 663 | Ice cream products are manufactured and branded by Hangyo. | |
| nicicecreams.com | 1984 | Pune, India | $31M | 1,448 | NIC Ice Creams is recognized for crafting premium, artisanal ice creams with real ingredients. | |
| polarbear.co.in | 2008 | Bengaluru, India | $32,336 | 386 | Polar Bear is recognized for offering ice cream sundaes. |
Detailed competitors of Havmor
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Web traffic of Havmor
The website of Havmor (havmor.com) receives about 35.9K visits a month and ranks #694,743 among all websites worldwide, #5,485 in Restaurants and Delivery.
- Monthly visits35.9K
▼ 15.6% vs previous month
- Unique visitors21.5K
per month
- Global rank#694,743
among all websites
- Category rank#5,485
Food and Drink · Restaurants and Delivery
- Bounce rate32%
- Pages per visit2.5
- Average visit1 min 31 sec
- DevicesDesktop 15% · Mobile 85%
Websites whose visitors overlap most with Havmor. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
brusters.com | brusters.com | 100% | #278,703 | – | |
| aglamesis.com | 100% | #4,355,368 | View details | ||
| dairyday.com | 97% | 10.2K | #1,773,947 | View details | |
| naturalicecreams.in | 95% | 67.7K | #484,324 | View details | |
| ibaco.in | 95% | 28.5K | #701,267 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 31 similar websites and full traffic analytics for Havmor
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Top companies in Food Service Chains
2 companies that operate in the same segment as Havmor (Food Service Chains) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Coffee and related products are served by a restaurant chain. | 1993 | Bengaluru, Karnataka, India | USD 236.07 M | USD 110.67 M | 2,863 | |
Tea and snacks are served by Chaayos in limited-service restaurants. | 2012 | Delhi, Delhi, India | USD 94.23 M | USD 31.69 M | 2,075 |
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Related news about Havmor
Complete news archive for Havmor
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Frequently Asked Questions about Havmor
Havmor was founded in 1944.
Havmor is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Havmor, Lotte India Corporation Limited, reported revenue of ₹691 Cr for FY 2024, up 13% year on year.
Havmor, a part of Lotte India Corporation Limited, is involved in the manufacturing and distribution of a wide range of ice cream flavors. The company operates in the food and beverage sector, focusing on dairy products. Various solutions such as party orders and catering services are provided for events and celebrations. Operations are based in India, with a strong presence in multiple cities for distribution and customer engagement.
Havmor's top competitors include Hangyo, NIC Ice Creams and Polar Bear.
Havmor offers Ice Creams and Party Orders.
Havmor has 1 investor. Key investors include Lotte Wellfood.
Havmor is associated with 3 legal entities: Lotte India Corporation Limited, Havmor Ice Cream Private Limited, Havmor Ice Cream Company Private Limited.
Yes. Havmor was acquired by Lotte Wellfood in November 2017.
The legal entities of Havmor currently have 14 directors, including Youngdong Jin, Kyungwoon Cho, Sonam Jain and others.