About Hippostores Technology Private Limited
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Hippostores Technology Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Hippostores Platforms Private Limited. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 01 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52100DL2021PTC385899. Its GSTIN is 07AAFCH9262H1ZC (Delhi). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7 Cr. It is led by directors Bharat Kashliwal and Rajinder Kumar.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7F – 7H 7th Floor Hansalaya Building, 15 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹214.6 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹160.22 Cr (net margin -74.7%) and EBITDA of -₹112.76 Cr (EBITDA margin -52.5%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years.
The company has about 473 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Hippo Homes and HippoStores. As per MCA filings, the company has open charges of ₹310 Cr and satisfied charges of ₹56.5 Cr on record. Court records list 70 cases involving the company, including 63 filed by the company and 7 filed against it; 49 cases are pending. The company has 5 deals on record (2 convertible or debt financings, 1 rights issue, 1 debt financing), with disclosed funding of ₹601 Cr; the latest was in April 2025. Its 8 peer companies in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 3 smaller; the largest is Lova Impex Private Limited with revenue of ₹222.42 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 213 overdue payments to 60 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 hippostores.com.
Company details
CIN history
Hippostores Technology has one previous CIN (Corporate Identification Number): U73100DL2021PTC385899. The current CIN is U52100DL2021PTC385899, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100DL2021PTC385899 | Current |
| U73100DL2021PTC385899 | Previous |
Contact details
Hippostores Technology Private Limited's registered office is in New Delhi, Delhi. Its website is hippostores.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7F – 7H 7th Floor Hansalaya Building, 15 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Hippostores Technology 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
Brands
Hippostores Technology operates two associated brands: Hippo Homes and HippoStores. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An e-commerce platform selling home improvement products like hardware, kitchen tools, and bathroom fixtures. | hippohomes.com | |
| Produces high-quality bath fittings, sanitary ware, tiles, and wood and door products for commercial and residential use. | hippostores.com |
Business activity
The main business activity of Hippostores Technology is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Hippostores Technology Private Limited, buy the company report.
Financials of Hippostores Technology Private Limited
FY 2025 filings availableHippostores Technology Private Limited reported revenue of ₹214.6 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 85%. EBITDA rose 3% 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 |
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| Total Expenses | ||||
| EBITDA | -₹112.76 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹160.22 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -52.5% | |||
| Net Profit Margin | -74.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Hippostores Technology Private Limited, buy the company report.
Board of directors of Hippostores Technology Private Limited
Hippostores Technology has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Kashliwal | Additional Director | 29 Sep 2025 | 1 Years 0 Months | Current |
| Rajinder Kumar | Additional Director | 29 Sep 2025 | 1 Years 0 Months | Current |
Peer comparison
Hippostores Technology Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lova Impex Private Limited | ₹222.42 Cr (FY 2025) | 110.0% | Secunderabad, Telangana, India | |||
| Maheshwari Tradelink Private Limited | ₹221.52 Cr (FY 2025) | 8.0% | Jaipur, Rajasthan, India | |||
| Tirupati Matsup Private Limited | ₹221.16 Cr (FY 2025) | 20.0% | Hisar, Haryana, India | |||
| Sakraimata Commercial Private Limited | ₹217.58 Cr (FY 2025) | -34.0% | Raipur, Chhattisgarh, India | |||
| Vinayak Pipes and Tubes Private Limited | ₹214.99 Cr (FY 2025) | -5.0% | Pune, Maharashtra, India | |||
| Hippostores Technology Private Limitedthis company | ₹214.6 Cr (FY 2025) | -₹160.22 Cr | -74.7% | -9.0% | 473 | New Delhi, Delhi, India |
| Core Entrade India Private Limited | ₹212.04 Cr (FY 2025) | -6.0% | Guwahati, Assam, India | |||
| Roxul Rockwool Technical Insulation India Private Limited | ₹210.96 Cr (FY 2025) | 17.0% | Bharuch, Gujarat, India | |||
| Shree Lakhi Metals and Steels Private Limited | ₹208.97 Cr (FY 2025) | 0.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Hippostores Technology Private Limited, buy the company report.
Auditor
Hippostores Technology Private Limited is audited by S.K. Vij & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K. Vij & Associates | FY 2023 | 003915N |
Shareholding
The shareholding of Hippostores Technology Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Hippostores Technology Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2023 | 100836548 | Others | ₹175 Cr | Open | |
| 02 Aug 2023 | 100766868 | Others | ₹25 Cr | Open | |
| 02 Aug 2023 | 100766872 | Others | ₹50 Cr | Open | |
| 16 Nov 2022 | 100641896 | Others | ₹60 Cr | Open | |
| 21 Feb 2023 | 100676675 | Others | ₹30 Cr | Satisfied |
To see the full charge records of Hippostores Technology Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Hippostores Technology Private Limited has 5 deals on record (2 convertible or debt financings, 1 rights issue, 1 debt financing), with disclosed funding of ₹601 Cr; the latest was in April 2025.
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: Hippostores Platforms Private Limited , Hippostores Platforms Private Limited & Kunal Mehta Seller: Samagama Holdings & Commercial Private Limited & Kunal Mehta, Samagama Holdings and Commercial Private Limited |
| Dec 2021 | Debt financing | ₹226 Cr | Investors: Samagama Holdings and Commercial Private Limited , Niveda Management Services Private Limited , Rama Investment Co Private Ltd |
| Nov 2021 | Rights issue | ₹6.9 Cr | Investors: Samagama Holdings and Commercial Private Limited |
To see the full deal history of Hippostores Technology 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
Hippostores Technology Private Limited has 70 court cases on record: 63 filed by Hippostores Technology, 7 filed against it. 49 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 63 | 3 | 47 |
| High courts | 7 | 4 | 2 |
Cases on record (5 of 70)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Om Fire Safety Company Private Limited | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Mangla Amit Builders Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Empathy Infra and Engineering Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Sirapu Interiors and Exhibition Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Dianka Industries India Private Limited | Pending |
To see the full case history of Hippostores Technology 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
Hippostores Technology Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 213 overdue payments to 60 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 60)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Amit Decorative Plywoods Private Limited | |||
| Amit Densified (Doors) Private Limited | |||
| an individual supplier | |||
| H G Graphics Private Limited | |||
| Mobius Knowledge Services Private Limited |
To see the full MSME payment records of Hippostores Technology Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hippostores Technology Private Limited has a workforce of 473 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Hippostores Technology has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCH9262H1ZC | Delhi | Active | 16 Sep 2021 |
| 06AAFCH9262H1ZE | Haryana | Active | 15 Sep 2021 |
| 29AAFCH9262H1Z6 | Karnataka | Active | 10 Nov 2021 |
| 33AAFCH9262H1ZH | Tamil Nadu | Active | 11 Nov 2021 |
To see the full GST registrations and return filing status of Hippostores Technology Private Limited, buy the company report.
Recent activity
Hippostores Technology Private Limited has 11 board changes on record since 2021: 6 appointments and 5 cessations. The latest: Bharat Kashliwal was appointed as Additional Director on 29 Sep 2025.
12 earlier events are in the company report.
News
Frequently asked questions
Hippostores Technology is an active private limited company based in New Delhi, Delhi, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 01 September 2021 (5+ years old) and is registered under CIN U52100DL2021PTC385899.
Hippostores Technology has 2 current directors:
- Bharat Kashliwal - Additional Director
- Rajinder Kumar - Additional Director
The latest financial statements of Hippostores Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Hippostores Technology is 07AAFCH9262H1ZC, registered in Delhi. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAFCH9262H1ZE (Haryana), 29AAFCH9262H1Z6 (Karnataka), 33AAFCH9262H1ZH (Tamil Nadu).
The CIN (Corporate Identification Number) of Hippostores Technology is U52100DL2021PTC385899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hippostores Technology has 70 court cases on record: 63 filed by the company and 7 filed against it. 49 are pending. Most are in the district courts.
Hippostores Technology was incorporated on 01 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Hippostores Technology has 5 deals on record (2 convertible or debt financings, 1 rights issue, 1 debt financing), with disclosed funding of ₹601 Cr; the latest was in April 2025.
The peers of Hippostores Technology by revenue are Lova Impex Private Limited, Maheshwari Tradelink Private Limited, Tirupati Matsup Private Limited, Sakraimata Commercial Private Limited, Vinayak Pipes and Tubes Private Limited and 3 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Bharat Kashliwal was appointed as Additional Director on 29 Sep 2025. Rajinder Kumar was appointed as Additional Director on 29 Sep 2025. Manu Sood was appointed as Additional Director on 03 Jun 2025. Hippostores Technology has 11 board changes on record in total.
Hippostores Technology has 4 MSME Form 1 returns on record between 2022 and 2023, listing 213 overdue payments to 60 micro and small suppliers. The latest return was filed on 04 Nov 2023.
Hippostores Technology can be reached through the website hippostores.com. Its registered office is in New Delhi, Delhi, India.