About Cedent Private Limited
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Cedent Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Hike Global Pte Ltd. It operates in the online gaming platforms segment of the internet and digital services sector. It was incorporated on 13 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2011FTC226246. Its GSTIN is 07AAHCM5054A1ZT (Delhi). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹189.6 Cr and a paid-up capital of ₹184.83 Cr. It was formerly known as Hike Limited and Messngrco Private Limited. It is led by director Rohit Krishan Puri.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bharti Crescent 1 Nelson Mandela Road Vasant Kunj Phase – II New Delhi – 110070, Delhi, India – 110070.
As per the financials filed for FY 2025, the company reported a revenue of ₹566.56 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net loss of ₹134.71 Cr (net margin -23.8%) and EBITDA of -₹129.83 Cr (EBITDA margin -22.9%). Revenue has grown at a compounded annual rate (CAGR) of 196% over three years and 116% over five years.
The company is associated with 1 brand: Hike. As per MCA filings, the company has open charges of ₹94.25 Lakh and satisfied charges of ₹9.63 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it. The company has 24 deals on record (15 funding rounds, 7 secondary share transfers, 1 rights issue), with disclosed funding of ₹1,771.5 Cr; the latest was in January 2025. The company has 19 MSME Form 1 returns on record between 2018 and 2023, listing 170 overdue payments to 33 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 hike.in.
Company details
Name history
Cedent has undergone 3 name changes throughout its history. The company was previously known as Hike Limited, Messngrco Private Limited, and Cedent Private Limited. The current legal name is Cedent Private Limited.
| Company Name | Status |
|---|---|
| Cedent Private Limited | Current |
| Hike Limited | Previous |
| Messngrco Private Limited | Previous |
CIN history
Cedent has one previous CIN (Corporate Identification Number): U74140DL2011FLC226246. The current CIN is U74140DL2011FTC226246, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140DL2011FTC226246 | Current |
| U74140DL2011FLC226246 | Previous |
Contact details
Cedent Private Limited's registered office is in New Delhi, Delhi. Its website is hike.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBharti Crescent 1 Nelson Mandela Road Vasant Kunj Phase – II New Delhi – 110070, Delhi, India – 110070
- IndustryInternet, Online Gaming Platforms
To see the full contact details of Cedent 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
Business activity
The main business activity of Cedent is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Cedent Private Limited, buy the company report.
Financials of Cedent Private Limited
FY 2024 filings availableCedent Private Limited reported revenue of ₹566.56 Cr (up 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 116% over five years, including 46% growth in the latest year. EBITDA rose 11% 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 |
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| EBITDA | -₹129.83 Cr | ||||
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| Net Profit (PAT) | -₹134.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.9% | ||||
| Net Profit Margin | -23.8% | ||||
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To see the full financial statements and ratios of Cedent Private Limited, buy the company report.
Board of directors and KMP of Cedent Private Limited
Cedent Private Limited currently reports 1 director and 1 key managerial person. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivali | Company Secretary | 09 Jul 2020 | 6 Years 3 Months | Current |
| Rohit Krishan Puri | Director | 09 Jul 2019 | 7 Years 3 Months | Current |
Auditor
Cedent Private Limited is audited by S.N. Dhawan & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.N. Dhawan & Co LLP | FY 2023 | 000050N/N500045 |
Shareholding
The shareholding of Cedent Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cedent Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2021 | 100526334 | Others | ₹30 Lakh | Open | |
| 10 Dec 2021 | 100515380 | Others | ₹49.25 Lakh | Open | |
| 16 Jul 2015 | 10585212 | American Express Banking Corp. | ₹15 Lakh | Open | |
| 06 Sep 2013 | 10503931 | Hike Limited | ₹9.63 Cr | Satisfied |
To see the full charge records of Cedent Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Cedent Private Limited has 24 deals on record (15 funding rounds, 7 secondary share transfers, 1 rights issue), with disclosed funding of ₹1,771.5 Cr; the latest was in January 2025.
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Funding round | ₹43.48 Cr | Investors: Hike Global Pte Ltd |
| Dec 2024 | Rights issue | ₹42.02 Cr | Investors: Hike Global Pte Ltd |
| Jul 2023 | Funding round | ₹16.39 Cr | Investors: Hike Global Pte Ltd |
| Jul 2022 | Funding round | ₹62.7 Cr | Investors: Hike Global Pte Ltd |
| Oct 2021 | Funding round | ₹97.9 Cr | Investors: Hike Global Pte Ltd |
To see the full deal history of Cedent Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cedent Private Limited has 5 court cases on record: 1 filed by Cedent, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed by the company against Oxigen Services (India) Private Limited & Anr. | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Principal Commissioner of Income Tax | Disposed |
| Supreme Court | Court case | Filed against the company by Principal Commissioner of Income Tax | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by Principal Commissioner of Income Tax, Central-3, Delhi | Disposed |
To see the full case history of Cedent 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
Cedent Private Limited has 19 MSME Form 1 returns on record between 2018 and 2023, listing 170 overdue payments to 33 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 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Best Digital Prints Private Limited | |||
| Chandrasekaran Associates | |||
| Ashmit Corporation Private Limited | |||
| Quorum Club LLP |
To see the full MSME payment records of Cedent Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Cedent has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCM5054A1ZT | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cedent Private Limited, buy the company report.
Recent activity
Cedent Private Limited has 19 board changes on record since 2014: 2 appointments and 17 cessations. The latest: Shivali ceased to be Additional Director on 25 Mar 2022.
15 earlier events are in the company report.
News
Frequently asked questions
Cedent is an active foreign private limited company based in New Delhi, Delhi, India. The company works in online gaming platforms, within the internet industry. It was incorporated on 13 October 2011 (15+ years old) and is registered under CIN U74140DL2011FTC226246.
Cedent has 2 current directors and KMP:
- Rohit Krishan Puri - Director
- Shivali - Company Secretary
The latest financial statements of Cedent on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Cedent is 07AAHCM5054A1ZT, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Cedent is U74140DL2011FTC226246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cedent has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the high courts.
Cedent was incorporated on 13 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Cedent has 24 deals on record (15 funding rounds, 7 secondary share transfers, 1 rights issue), with disclosed funding of ₹1,771.5 Cr; the latest was in January 2025.
Shivali ceased to be Additional Director on 25 Mar 2022. Kavin Mittal Bharti ceased to be Managing Director on 01 Mar 2022. Alex Bernard Clavel ceased to be Additional Director on 31 Dec 2020. Cedent has 19 board changes on record in total.
Cedent has 19 MSME Form 1 returns on record between 2018 and 2023, listing 170 overdue payments to 33 micro and small suppliers. The latest return was filed on 16 Dec 2023.
Cedent can be reached through the website hike.in. Its registered office is in New Delhi, Delhi, India.