About Hike Leather Private Limited
Data last updated:
Hike Leather Private Limited is a private limited company based in Jalandhar, Punjab, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 20 August 2007.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U19200PB2007PTC031322. Its GSTIN is 03AABCH9063N1ZC (Punjab). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹1.14 Cr. It is led by directors Mohinder Pal Singh and Sabjit Singh Bhatia.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 14 Leather Complex Kapurthala Road, Jalandhar, Punjab, India – 144021.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.57 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Lakh (net margin 99.7%) and EBITDA of ₹1.57 Lakh (EBITDA margin 99.7%). Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 75% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr on record. Court records list 15 cases involving the company, including 10 filed by the company and 5 filed against it; 1 case is pending.
The last known website on record is hikeleather.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address14 Leather Complex Kapurthala Road, Jalandhar, Punjab, India – 144021
- IndustryConsumer Goods, Leather Goods Manufacturing
- 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
Business Activity of Hike Leather Private Limited
The main business activity of Hike Leather is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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
Verified entity values are shown only after access is granted.
Financials of Hike Leather Private Limited FY 2021 filings available
Hike Leather Private Limited reported revenue of ₹1.57 Lakh (down 96% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Hike Leather Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years, including a 96% fall in the latest year. EBITDA rose 100% 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 of Hike Leather Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.57 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.57 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.57 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 of Hike Leather Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 99.7% | •••• | •••• | •••• | •••• |
| 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 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 Hike Leather are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Hike Leather Private Limited
Hike Leather Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Leather, Leather Goods Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leatherythings Private Limited | ₹1.78 Lakh (FY 2025) | •••• | •••• | 72.0% | •••• | Delhi, India |
| Uma Distributors Private Limited | ₹1.78 Lakh (FY 2021) | •••• | •••• | -93.0% | •••• | Kolkata, West Bengal, India |
| Viking Leather Goods and Garments Private Limited | ₹1.68 Lakh (FY 2018) | •••• | •••• | •••• | Ambala, Haryana, India | |
| Clusta Leather Fab Private Limited | ₹1.64 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Noida, Uttar Pradesh, India |
| DN Leather Solutions Private Limited | ₹1.6 Lakh (FY 2020) | •••• | •••• | -93.0% | •••• | Vellore, Tamil Nadu, India |
| Hike Leather Private Limited this company | ₹1.57 Lakh (FY 2021) | •••• | •••• | -96.0% | •••• | Jalandhar, Punjab, India |
| Esbeco India Hides and Skins Private Limited | ₹1.56 Lakh (FY 2023) | •••• | •••• | -25.0% | •••• | Chennai, Tamil Nadu, India |
| Aamati Green Private Limited | ₹1.5 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | Mumbai, Maharashtra, India |
| Korex Leather Exports Private Limited | ₹1.49 Lakh (FY 2022) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Vintage9 Fashion Leather Private Limited | ₹1.46 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Bengaluru, Karnataka, India |
| Millennium Leather Foils Private Limited | ₹1.42 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Garhshankar, Punjab, India |
Peers are the five companies nearest above and the five nearest below Hike Leather by revenue in the Consumer Products industry (Leather, Leather Goods Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hike Leather Private Limited
Hike Leather Private Limited is audited by V P BHALLA & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V P BHALLA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Hike Leather Private Limited
Hike Leather has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohinder Pal Singh | Director | 20 Aug 2007 | 19 Years 1 Months | As last reported |
| Sabjit Singh Bhatia | Director | 05 Aug 2016 | 10 Years 2 Months | As last reported |
Ownership and Shareholding of Hike Leather Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hike Leather Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2008 | Others | ₹15 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Hike Leather Private Limited
Hike Leather Private Limited has 15 court cases on record: 10 filed by Hike Leather, 5 filed against it. 1 case is pending and 14 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 5 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Civil suit | Filed against the company by Shoe Variants Private Limited | Pending |
| District court, Una, Himachal Pradesh | Civil miscellaneous application | Filed against the company by H.P.State Electricity Board Ltd | Disposed |
| District court, Una, Himachal Pradesh | Civil miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed against the company by Punjab National Bank | Disposed |
| District court, Una, Himachal Pradesh | Court case (Suit For Recovery) | Filed against the company by H.P.State Electricity Board Ltd | Disposed |
Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Hike Leather Private Limited
Hike Leather Private Limited has a workforce of 29 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Hike Leather Private Limited
Hike Leather Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Daman Pal Singh ceased to be Director on 23 Feb 2017.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hike Leather Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hike Leather Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hike Leather Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hike Leather Private Limited
Hike Leather has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCH9063N1ZC | Punjab | Active | 01 Jul 2017 |
| 03AABCH9063N2ZB | Punjab | Active | 01 Aug 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hike Leather Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hike Leather Private Limited
Hike Leather is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Hike Leather is a company under liquidation, formerly operating as a private limited company based in Jalandhar, Punjab, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 20 August 2007 and is registered under CIN U19200PB2007PTC031322. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Hike Leather reported revenue of ₹1.57 Lakh for FY 2021 (down 96% YoY).
Hike Leather has 2 current directors:
- Mohinder Pal Singh - Director
- Sabjit Singh Bhatia - Director
Hike Leather reported a net profit of ₹1.57 Lakh (net margin 99.7%) and EBITDA of ₹1.57 Lakh (EBITDA margin 99.7%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hike Leather is -90% over three years and -75% over five years. In the latest year (FY 2021) revenue fell 96%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Hike Leather is U19200PB2007PTC031322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hike Leather has open charges of ₹15 Cr and no satisfied charges on record as per latest MCA filings.
Hike Leather has 15 court cases on record: 10 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Hike Leather was incorporated on 20 August 2007. It is registered with the Registrar of Companies, Chandigarh.
The peers of Hike Leather by revenue are Leatherythings Private Limited, Uma Distributors Private Limited, Viking Leather Goods and Garments Private Limited, Clusta Leather Fab Private Limited, DN Leather Solutions Private Limited and 5 more, all in the Consumer Products industry (Leather, Leather Goods Manufacturers).