About Hotbrands India Private Limited
Data last updated:
Hotbrands India Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 10 November 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2005PTC157239. Its GSTIN is 27AABCH6316C1ZZ (Maharashtra).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Hitesh Israni and Manisha Hitesh Israni.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Plot No A 168 Road No 25 Plot No A 168 Road No 25, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.81 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹47,259 (net margin -26.1%) and EBITDA of -₹47,259 (EBITDA margin -26.1%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.
The last known website on record is hbnindia.com.
Company details
Contact details
Hotbrands India Private Limited's registered office is in Thane, Maharashtra. Its website is hbnindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No A 168 Road No 25 Plot No A 168 Road No 25, Thane, Maharashtra, India – 400604
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Hotbrands India 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 Hotbrands India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hotbrands India Private Limited, buy the company report.
Financials of Hotbrands India Private Limited
FY 2022 filings availableHotbrands India Private Limited reported revenue of ₹1.81 Lakh (down 64% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 64% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 10% 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
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| EBITDA | -₹47,259 | ||||
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| Net Profit (PAT) | -₹47,259 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -26.1% | ||||
| Net Profit Margin | -26.1% | ||||
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To see the full financial statements and ratios of Hotbrands India Private Limited, buy the company report.
Board of directors of Hotbrands India Private Limited
Hotbrands India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Israni Also directs: HBN Network Private Limited | Director | 10 Nov 2005 | 20 Years 11 Months | As last reported |
| Manisha Hitesh Israni Also directs: HBN Network Private Limited | Director | 10 Nov 2005 | 20 Years 11 Months | As last reported |
Peer comparison
Hotbrands India Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances 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 |
|---|---|---|---|---|---|---|
| Frontline Seeds Private Limited | ₹1.84 Lakh (FY 2024) | Malout, Punjab, India | ||||
| Opsor Technology Private Limited | ₹1.83 Lakh (FY 2024) | 104.0% | Bhubaneswar, Odisha, India | |||
| Paradise Furnishers Private Limited | ₹1.83 Lakh (FY 2017) | -82.0% | New Delhi, Delhi, India | |||
| Hotbrands India Private Limitedthis company | ₹1.81 Lakh (FY 2022) | -₹47,259 | -26.1% | -64.0% | Thane, Maharashtra, India | |
| MDLR Infotech Private Limited | ₹1.8 Lakh (FY 2025) | -59.0% | New Delhi, Delhi, India |
To see the full peer comparison of Hotbrands India Private Limited, buy the company report.
Auditor
Hotbrands India Private Limited is audited by JAYESH BAGADIA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYESH BAGADIA & CO | FY 2018 | 112418W |
Shareholding
The shareholding of Hotbrands India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hotbrands India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hotbrands India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hotbrands India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hotbrands India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH6316C1ZZ | Maharashtra | Active | 23 Aug 2017 |
To see the full GST registrations and return filing status of Hotbrands India Private Limited, buy the company report.
Recent activity
Hotbrands India Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Hitesh Israni was appointed as Director on 10 Nov 2005.
Frequently asked questions
Hotbrands India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Hotbrands India was a private limited company based in Thane, Maharashtra, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 10 November 2005 and is registered under CIN U51909MH2005PTC157239. The company has been struck off by the Registrar of Companies and is no longer operational.
Hotbrands India had 2 directors:
- Hitesh Israni - Director
- Manisha Hitesh Israni - Director
The CIN (Corporate Identification Number) of Hotbrands India is U51909MH2005PTC157239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Hotbrands India is at Plot No A 168 Road No 25 Plot No A 168 Road No 25, Thane, Maharashtra, India – 400604.
Hotbrands India was incorporated on 10 November 2005. It is registered with the Registrar of Companies, Mumbai.
Hotbrands India can be reached through the website hbnindia.com. Its registered office is in Thane, Maharashtra, India.
The latest financial statements of Hotbrands India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Hotbrands India is 27AABCH6316C1ZZ, registered in Maharashtra.
Hotbrands India operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment. It worked in this industry before it was struck off.
The peers of Hotbrands India by revenue are Frontline Seeds Private Limited, Opsor Technology Private Limited, Paradise Furnishers Private Limited, MDLR Infotech Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).