About Hashtag Loyalty Private Limited
Data last updated:
Hashtag Loyalty Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63999MH2016PTC281091. Its GSTIN is 27AADCH9016M1Z9 (Maharashtra). The company holds 37 GST registrations, all of them active.
The company has an authorised share capital of ₹15.28 Lakh and a paid-up capital of ₹6.12 Lakh. It is led by directors including Krishi Kamal Fagwani and Karan Arun Chechani.
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 Flat 12 Sky Lark Apts Plot 6D C Khar W Off Union Park, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.85 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net loss of ₹16.04 Cr (net margin -416.8%) and EBITDA of -₹15.59 Cr (EBITDA margin -405%).
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Hashtag Loyalty and Thrive Now. Court records list 1 case involving the company, including 1 filed against it. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹39.93 Cr; the latest was in April 2023. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 18 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hashtagloyalty.com.
CIN History
Hashtag Loyalty has one previous CIN (Corporate Identification Number): U74999MH2016PTC281091. The current CIN is U63999MH2016PTC281091, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63999MH2016PTC281091 | Current |
| U74999MH2016PTC281091 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat 12 Sky Lark Apts Plot 6D C Khar W Off Union Park, Mumbai, Maharashtra, India – 400052
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands
Hashtag Loyalty operates two associated brands: Hashtag Loyalty and Thrive Now. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Consumer loyalty platforms are enabled for digital rewards and analytics. | hashtagloyalty.com | |
| A platform for food ordering and delivery is provided. | thrivenow.in |
Business Activity
The main business activity of Hashtag Loyalty is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Hashtag Loyalty Private Limited
FY 2024 filings availableHashtag Loyalty Private Limited reported revenue of ₹3.85 Cr (up 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 52% in the latest year. EBITDA fell 118% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹3.85 Cr | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹15.59 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹16.04 Cr | |
| 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -405% | |
| Net Profit Margin | -416.8% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2019-20 to FY 2022-23, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hashtag Loyalty are in the company report.
: available in the company report
Board of Directors of Hashtag Loyalty Private Limited
Hashtag Loyalty has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishi Kamal Fagwani | Director | 14 May 2016 | 10 Years 5 Months | Current |
| Karan Arun Chechani | Director | 14 May 2016 | 10 Years 5 Months | Current |
| Dhruv Dewan | Director | 14 May 2016 | 10 Years 5 Months | Current |
Auditor Details
Hashtag Loyalty Private Limited is audited by M S K A & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M S K A & Associates | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Hashtag Loyalty Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
Hashtag Loyalty Private Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹39.93 Cr; the latest was in April 2023.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Funding round · Series A | ₹18.75 Cr | Investors: Jubilant Family Office |
| Dec 2020 | Funding round · Pre-Series A | ₹74.9 Lakh | Investors: Whiteboard Capital, Ahimsa Capital, 2 individuals |
| Jul 2018 | Funding round · Seed | ₹1.86 Cr | Investors: Ahimsa Capital, Whiteboard Capital |
| Feb 2017 | Funding round | ₹10 Lakh | Investors: ThinQbate |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Hashtag Loyalty Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SW) | Filed against the company by Shemaroo Entertainment Limited | Disposed |
: available in 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
Hashtag Loyalty Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 18 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Lepton Software Export & Research Private Limited | •••• | •••• | •••• |
| Aum Enterprises - CRS | •••• | •••• | •••• |
| Sri Navadurga Enterprises CRS HR | •••• | •••• | •••• |
| Jio Haptik Technologies Limited | •••• | •••• | •••• |
| Food Matters (India) Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Hashtag Loyalty Private Limited has a workforce of 50 employees as of Feb 21, 2025.
: available in the company report
Recent Activity
Hashtag Loyalty Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Deepak Kumar Jajodia ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Hashtag Loyalty has 37 GST registrations: 37 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH9016M1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 27AADCH9016M1CK | Maharashtra | Active | 27 Jan 2023 |
| 06AADCH9016M1ZD | Haryana | Active | 16 Mar 2022 |
| 07AADCH9016M1ZB | Delhi | Active | 18 Mar 2022 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Hashtag Loyalty is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 May 2016 (10+ years old) and is registered under CIN U63999MH2016PTC281091.
Hashtag Loyalty has 3 current directors:
- Krishi Kamal Fagwani - Director
- Karan Arun Chechani - Director
- Dhruv Dewan - Director
The latest financial statements of Hashtag Loyalty 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 2017 are in the company report.
The GSTIN of Hashtag Loyalty is 27AADCH9016M1Z9, registered in Maharashtra. The company has 37 GST registrations in all, of which 37 are active. Other active GSTINs include 27AADCH9016M1CK (Maharashtra), 06AADCH9016M1ZD (Haryana), 07AADCH9016M1ZB (Delhi).
The CIN (Corporate Identification Number) of Hashtag Loyalty is U63999MH2016PTC281091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hashtag Loyalty has 1 court case on record: 1 filed against it.
Hashtag Loyalty was incorporated on 14 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Hashtag Loyalty has 5 deals on record (5 funding rounds), with disclosed funding of ₹39.93 Cr; the latest was in April 2023.
Deepak Kumar Jajodia ceased to be Additional Director on 30 Sep 2022. Perepu Sreenivas Sreekanth ceased to be Additional Director on 30 Sep 2022. Dhruv Dewan was appointed as Director on 14 May 2016. Hashtag Loyalty has 5 board changes on record in total.
Hashtag Loyalty has 3 MSME Form 1 returns on record between 2023 and 2024, listing 18 overdue payments to 9 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Hashtag Loyalty can be reached through the website hashtagloyalty.com. Its registered office is in Mumbai, Maharashtra, India.