Hop Movers Private Limited - transport and logistics in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U63090PB2019PTC049878 Incorporated 16 August 2019 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company transport and logistics DPIIT Startup
Data last updated
Revenue · FY 2023
₹49,336
▼ 91% YoY
Net loss · FY 2023
₹6,768
Net margin -13.7%
EBITDA · FY 2023
-₹1,337
EBITDA margin -2.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
GST registrations
1
None active

About Hop Movers Private Limited

Data last updated:

Hop Movers Private Limited is a private limited company based in Ludhiana, Punjab, India, recognised as a startup by DPIIT. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 16 August 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U63090PB2019PTC049878. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shrey Garg and Abhinav Gupta.

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 Bxxix – 147 Giaspura Road, Ludhiana, Punjab, India – 141001.

As per the financials filed for FY 2023, the company reported a revenue of ₹49,336, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹6,768 (net margin -13.7%) and EBITDA of -₹1,337 (EBITDA margin -2.7%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years.

For more details, the company can be reached via its website hoplogistics.app.

Company details

CIN U63090PB2019PTC049878
Registration Number 049878
Incorporation Date 16 August 2019
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Hop Movers

DPIIT recognised startup Government of India
Startup India

Contact details

Hop Movers Private Limited's registered office is in Ludhiana, Punjab. Its website is hoplogistics.app. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Apps
  • Registered Address
    Bxxix – 147 Giaspura Road, Ludhiana, Punjab, India – 141001
  • Industry
    Transport and Logistics, Carriers Services

To see the full contact details of Hop Movers Private Limited, buy the company report.

Comprehensive company report
Hop Movers Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Hop Movers is transport and storage. In detail, this covers services incidental to land, water & air transportation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation

To see the full business activity and turnover split of Hop Movers Private Limited, buy the company report.

Financials of Hop Movers Private Limited

FY 2025 filings available

Hop Movers Private Limited reported revenue of ₹49,336 (down 91% YoY) for FY 2023.

Revenue · FY 2023
₹49,336 ▼ 91%
Net loss · FY 2023
₹6,768 margin -13.7%
EBITDA · FY 2023
-₹1,337 margin -2.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 52%
EBITDA CAGR growth
1 year
▲ 97%
3 years · compounded
▲ 91%

Revenue has declined at a compounded annual rate (CAGR) of 52% over three years, including a 91% fall in the latest year. EBITDA rose 97% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations₹49,336
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1,337
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6,768
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-2.7%
Net Profit Margin-13.7%
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

To see the full financial statements and ratios of Hop Movers Private Limited, buy the company report.

Board of directors of Hop Movers Private Limited

Hop Movers has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Shrey GargDirector16 Aug 20197 Years 2 MonthsCurrent
Abhinav GuptaDirector16 Aug 20197 Years 2 MonthsCurrent
Ravish GuptaDirector16 Aug 20197 Years 2 MonthsCurrent

Auditor

Hop Movers Private Limited is audited by RAJAN SEHGAL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAJAN SEHGAL & ASSOCIATESFY 2023017926N

Shareholding

The shareholding of Hop Movers Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hop Movers Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hop Movers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Hop Movers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Hop Movers Private Limited, buy the company report.

Recent activity

Hop Movers Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Abhinav Gupta was appointed as Director on 16 Aug 2019.

AGM
Hop Movers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hop Movers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Appointed
Abhinav Gupta was appointed as Director.
Appointed
Ravish Gupta was appointed as Director.
Appointed
Shrey Garg was appointed as Director.
Incorporation
16 Aug 2019
Hop Movers Private Limited was registered on 16 Aug 2019 with Roc Chandigarh & aged 7 years 2 months as per MCA records.

Frequently asked questions

Hop Movers is an active private limited company based in Ludhiana, Punjab, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 16 August 2019 (7+ years old) and is registered under CIN U63090PB2019PTC049878.

Hop Movers has 3 current directors:

The latest financial statements of Hop Movers 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 FY 2020 are in the company report.

No. Hop Movers has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Hop Movers is U63090PB2019PTC049878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hop Movers was incorporated on 16 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.

Abhinav Gupta was appointed as Director on 16 Aug 2019. Ravish Gupta was appointed as Director on 16 Aug 2019. Shrey Garg was appointed as Director on 16 Aug 2019.

Yes, Hop Movers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Hop Movers can be reached through the website hoplogistics.app. Its registered office is in Ludhiana, Punjab, India.

The registered office of Hop Movers is at Bxxix – 147 Giaspura Road, Ludhiana, Punjab, India – 141001.