About HyperCITY Retail
HyperCITY Retail is a Retail company based in Mumbai (India) founded in 2004, and was acquired by Future Retail in December 2017. Retail products are offered through hypermarket stores in India. The company has 2,492 employees. Its Indian entity Hypercity Retail (India) Limited reported revenue of ₹17.27 Cr. Its focus areas include Consumer Goods, Retail Chains, Horizontal and Supermarkets.
Company details
Hypercity is a large format departmental store or hypermart format of the Shoppers Stop. It provides large and comfortable environment for the customers to shop. Its products include food and grocery, health and beauty, home and furniture, fashion, electronics, toys and sports. It also has a range of its own private brands like Everyday, Fresh Basket, Waitrose and Terzo in Food and Grocery, Ebano and Avorio in Home, Joojoobs, City Style and River inc. in fashion, Technix in appliances and maxit in sports. As of September, 2015 it is present in 17 locations around India and plans to expand in at the rate of two new stores every year. Shoppers Stop holds 51 of its share thus making it a subsidiary.
- Headquarters Mumbai, India
- Employees 2,492
- Stage Acquired
- SectorsRetail
- Website hypercityindia.com
- Social LinkedIn X Facebook
- Acquired by Future Retail (Dec 2017)
- Legal Name Hypercity Retail (India) Limited
- Date of Incorporation 27 May, 2004
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹17.27 Cr
FY 2019 · -98% YoY
- Net Loss-₹5.51 Cr
FY 2019 · -32% margin
- EBITDA₹25.8 Lakh
FY 2019 · 1% margin
- Investors
- Employee Count2,492
- Acquired byFuture Retail
(Dec 2017)
Associated legal entities of HyperCITY Retail
HyperCITY Retail operates through Hypercity Retail (India) Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hypercity Retail (India) Limited CIN U52510MH2004PLC146577 | Amalgamated | 27 May 2004 | Mumbai, Maharashtra | ₹17.3 Cr | 2,492 | 6 | View details |
Funding Insights of HyperCITY Retail
- Total Rounds 1
All 1 funding rounds of HyperCITY Retail with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2010 | Series B | – | – | – |
1 investors in total: 1 institutional.
Investors in HyperCITY Retail
HyperCITY Retail has secured backing from 1 investor. Prominent investors backing the company include Future Retail.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-category consumer products are retailed via a nationwide chain. | 1987 | futureretail.in | Mumbai, India |
Investor details for HyperCITY Retail
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Board of directors of Hypercity Retail (India) Limited (HyperCITY Retail)
Hypercity Retail (India) Limited is the primary company behind HyperCITY Retail. The board of Hypercity Retail (India) Limited currently have 4 directors; the longest-serving is Vijai Singh Dugar, appointed in 2017. 25 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijai Singh Dugar DIN 06463399 | Director | 01 Dec 2017 | 8 yrs 11 mo | Hypercity Retail (India) Limited |
| Rohit Kalyani DIN 06908905 | Managing Director | 01 Jul 2018 | 8 yrs 4 mo | Hypercity Retail (India) Limited |
| Nidhi Bajaj DIN 05279182 | Director | 14 Jan 2019 | 7 yrs 9 mo | Hypercity Retail (India) Limited |
| Jayesh Merchant Vijay DIN 00226260 | Director | 02 May 2019 | 7 yrs 6 mo | Hypercity Retail (India) Limited |
People of HyperCITY Retail
13 people are tracked at HyperCITY Retail (3 in leadership, 10 in team); the tracked headcount is 2,492.
| Name | Role | Group |
|---|---|---|
Arun Hajong | CEO | Leadership |
Jaiprakash Maheshwari | Head - Business Planning & Analysis | Leadership |
Rupesh Basu | Head Human Resources | Leadership |
Mangesh Bhavsar | HR Administrative Assistant | Team |
Sonal Ratra | Assistant Manager Human Resources | Team |
Sukeshni Koli | HR Generalist Hypercity Retail India Ltd | Team |
Jayesh Tambat | Assistant Manager - HR | Team |
Nishant Raghuwanshi | Marketing And Operation Trainee | Team |
Neha Jhanvar | Manager | Team |
Garima Singh | HR Intern | Team |
Vara Prasad | System Administrator | Team |
Mahendra Rathod | Executive Administration/hr | Team |
Monal Patel | HR Trainee | Team |
Complete people profiles for HyperCITY Retail
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of HyperCITY Retail
Figures of Hypercity Retail (India) Limited, the primary company behind HyperCITY Retail, for FY 2019. Revenue was ₹17.27 Cr (-98% year on year). Net loss was -₹5.51 Cr (-32% margin). EBITDA was ₹25.8 Lakh (1% margin). Revenue has grown at a compounded annual rate of -74% over three years and -55% over five years.
- ₹17.27 CrRevenue · FY 2019 · -98% YoY
- -₹5.51 CrNet loss · -32% margin
- ₹25.8 LakhEBITDA · 1% margin
- ₹151 CrPaid-up capital
- 2,492Employees (provident fund records)
- -74%Revenue CAGR, 3 years
- -55%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Hypercity Retail (India) Limited are on its company page.
Detailed financial statements for HyperCITY Retail
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of HyperCITY Retail
3 dated milestones of HyperCITY Retail across 13 years, from founding to its latest funding, stage changes and deals.
- Founded HyperCITY Retail is founded.
- Funding First funding round.
- Exit Acquired by Future Retail.
Web traffic of HyperCITY Retail
Websites that share an audience with HyperCITY Retail (hypercityindia.com).
Websites whose visitors overlap most with HyperCITY Retail. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| naturesbasket.co.in | 100% | 37.9K | #570,332 | View details | |
en.wikipedia.org | en.wikipedia.org | 83% | – | ||
| morestore.com | 80% | View details | |||
thehindubusinessline.com | thehindubusinessline.com | 58% | #21,087 | – |
Top companies in Retail Stores & Chains
2 companies that operate in the same segment as HyperCITY Retail (Retail Stores & Chains) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Multi-format offline retail is operated in India. | 1997 | Mumbai, Maharashtra, India | USD 3.41 B | USD 280.87 K | 32 |
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Related news about Hypercity Retail
Complete news archive for HyperCITY Retail
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Frequently Asked Questions about HyperCITY Retail
HyperCITY Retail was founded in 2004 and raised its 1st funding round 6 years after it was founded.
HyperCITY Retail is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
HyperCITY Retail has 2,492 employees.
The primary company behind HyperCITY Retail, Hypercity Retail (India) Limited, reported revenue of ₹17.27 Cr for FY 2019, down 98% year on year.
Hypercity is a large format departmental store or hypermart format of the Shoppers Stop. It provides large and comfortable environment for the customers to shop. Its products include food and grocery, health and beauty, home and furniture, fashion, electronics, toys and sports. It also has a range of its own private brands like Everyday, Fresh Basket, Waitrose and Terzo in Food and Grocery, Ebano and Avorio in Home, Joojoobs, City Style and River inc. in fashion, Technix in appliances and maxit in sports. As of September, 2015 it is present in 17 locations around India and plans to expand in at the rate of two new stores every year. Shoppers Stop holds 51 of its share thus making it a subsidiary.
HyperCITY Retail has 1 investor. Key investors include Future Retail.
HyperCITY Retail operates through Hypercity Retail (India) Limited.
Yes. HyperCITY Retail was acquired by Future Retail in December 2017.
The legal entities of HyperCITY Retail currently have 6 directors, including Jayesh Merchant Vijay, Vijai Singh Dugar, Medha Nitin Naik and others.