
About Hasasi India Private Limited
Data last updated:
Hasasi India Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 14 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17123GJ2014PTC080121. Its GSTIN is 24AADCH4319P1ZD (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.02 Cr. It is led by directors including Arpit Pandey and Mayankesh Mukesh Tiwari.
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 542 5th Floor Sheetal Varsha Mahavir Business Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.27 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹9.21 Lakh and EBITDA of -₹38,178 (EBITDA margin -30.1%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 77% over five years.
As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hasasi.com.
Company details
Contact details
Hasasi India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is hasasi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address542 5th Floor Sheetal Varsha Mahavir Business Park Opp. Behrampura Police Chowky Beh, Rampura, Ahmedabad, Gujarat, India – 380022
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Hasasi India 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
Financials of Hasasi India Private Limited
FY 2025 filings availableHasasi India Private Limited reported revenue of ₹1.27 Lakh (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 77% over five years, including a 40% fall in the latest year. EBITDA fell 185% 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 |
|---|---|---|---|---|---|
| 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 | -₹38,178 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.21 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.1% | ||||
| Net Profit Margin | |||||
| 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 Hasasi India Private Limited, buy the company report.
Board of directors of Hasasi India Private Limited
Hasasi India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpit Pandey | Director | 14 Jul 2014 | 12 Years 3 Months | Current |
| Mayankesh Mukesh Tiwari | Director | 30 Oct 2017 | 9 Years 0 Months | Current |
| Pramod Kumar Pandey | Director | 30 Jul 2014 | 12 Years 3 Months | Current |
Peer comparison
Hasasi India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bannari Amman Textiles Private Limited | ₹1.28 Lakh (FY 2017) | Coimbatore, Tamil Nadu, India | ||||
| Hasasi India Private Limitedthis company | ₹1.27 Lakh (FY 2025) | -₹9.21 Lakh | -40.0% | Ahmedabad, Gujarat, India | ||
| Jainco Filaments Private Limited | ₹1.26 Lakh (FY 2024) | 68.0% | Surat, Gujarat, India | |||
| Ar Texo Fab Private Limited | ₹1.26 Lakh (FY 2025) | New Delhi, Delhi, India |
To see the full peer comparison of Hasasi India Private Limited, buy the company report.
Auditor
Hasasi India Private Limited is audited by MUKUND & ROHIT for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUND & ROHIT | FY 2019 | 113375W |
Shareholding
The shareholding of Hasasi India Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hasasi India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Oct 2017 | 100151803 | Hdfc Bank Limited | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Hasasi India Private Limited has 4 court cases on record: 3 filed by Hasasi India, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CONPW) | Filed against the company by GSL (India) Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against individuals | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Jams Clothing Co. | Disposed |
To see the full case history of Hasasi India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hasasi India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hasasi India Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Hasasi India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCH4319P1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hasasi India Private Limited, buy the company report.
Recent activity
Hasasi India Private Limited has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Harimohan Namdev ceased to be Company Secretary on 31 Dec 2019.
1 earlier event is in the company report.
Frequently asked questions
Hasasi India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 14 July 2014 (12+ years old) and is registered under CIN U17123GJ2014PTC080121.
Hasasi India has 3 current directors:
- Arpit Pandey - Director
- Mayankesh Mukesh Tiwari - Director
- Pramod Kumar Pandey - Director
The latest financial statements of Hasasi India 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 2015 are in the company report.
The GSTIN of Hasasi India is 24AADCH4319P1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Hasasi India is U17123GJ2014PTC080121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hasasi India has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Hasasi India was incorporated on 14 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hasasi India by revenue are Bannari Amman Textiles Private Limited, Jainco Filaments Private Limited, Ar Texo Fab Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (textile, leather and other apparel products).
Harimohan Namdev ceased to be Company Secretary on 31 Dec 2019. Mayankesh Mukesh Tiwari ceased to be Additional Director on 29 Sep 2018. Savita Pandey ceased to be Director on 31 Oct 2017. Hasasi India has 9 board changes on record in total.
Hasasi India can be reached through the website hasasi.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Hasasi India is at 542 5th Floor Sheetal Varsha Mahavir Business Park Opp. Behrampura Police Chowky Beh, Rampura, Ahmedabad, Gujarat, India – 380022.

