- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-08-0028907

About Hotspot Retail Private Limited
Data last updated:
Hotspot Retail Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 18 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52609DL2019PTC351516. Its GSTIN is 07AAICB5017B1Z6 (Delhi). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It was formerly known as Best Mobile Distribution Private Limited. It is led by directors including Vivek Sarin and Sudhanshu Modi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 3 Ground Floor Gedor House 51 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2024, the company reported a revenue of ₹415.41 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹3.57 Cr (net margin 0.9%) and EBITDA of ₹9.63 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 208% over three years.
The company has about 169 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹88 Cr and satisfied charges of ₹50 Cr on record. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 9 cases are pending.
Hotspot Retail Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0028907). For more details, the company can be reached via its website hotspotstore.com.
Company details
Recognitions & Rankings of Hotspot Retail
Contact details
Hotspot Retail Private Limited's registered office is in New Delhi, Delhi. Its website is hotspotstore.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 3 Ground Floor Gedor House 51 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Hotspot Retail 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 Hotspot Retail 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 Hotspot Retail Private Limited, buy the company report.
Financials of Hotspot Retail Private Limited
FY 2024 filings availableHotspot Retail Private Limited reported revenue of ₹415.41 Cr (up 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 208% over three years, including 28% growth 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9.63 Cr | ||||
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| Net Profit (PAT) | ₹3.57 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Hotspot Retail Private Limited, buy the company report.
Board of directors of Hotspot Retail Private Limited
Hotspot Retail has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Sarin Also directs: Mobiokart India Private Limited, Hotspot Digi Private Limited | Director | 20 Jan 2021 | 5 Years 9 Months | Current |
| Sudhanshu Modi Also directs: Mobiokart India Private Limited | Director | 20 Jan 2021 | 5 Years 9 Months | Current |
| Shweta Sarin | Additional Director | 29 Dec 2023 | 2 Years 9 Months | Current |
| Ashok Kumar Modi | Director | 16 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Hotspot Retail Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| G.Kumar Electro Private Limited | ₹438.02 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Sol Mobiles Private Limited | ₹433.03 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| North Gaints Private Limited | ₹426.83 Cr (FY 2025) | 82.0% | New Delhi, Delhi, India | |||
| Hotspot Retail Private Limitedthis company | ₹415.41 Cr (FY 2024) | ₹3.57 Cr | 0.9% | 28.0% | 169 | New Delhi, Delhi, India |
| Element14 India Private Limited | ₹414.52 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| Arrowhead Communications Private Limited | ₹410.2 Cr (FY 2025) | 1.0% | Bangalore, Karnataka, India | |||
| Dhanvi Data System Private Limited | ₹409.45 Cr (FY 2025) | 247.0% | Lucknow, Uttar Pradesh, India | |||
| United India Marketing Private Limited | ₹408.89 Cr (FY 2025) | -3.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Hotspot Retail Private Limited, buy the company report.
Auditor
Hotspot Retail Private Limited is audited by NIKHIL R C GUPTA AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIKHIL R C GUPTA AND COMPANY | FY 2023 | 024785C |
Shareholding
The shareholding of Hotspot Retail Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hotspot Retail Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2025 | 101156782 | Others | ₹20 Cr | Open | |
| 18 Feb 2025 | 101061200 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 26 Dec 2024 | 101034180 | Others | ₹35 Cr | Open | |
| 16 Mar 2023 | 100728496 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 31 May 2022 | 100590165 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Hotspot Retail Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Hotspot Retail Private Limited has 11 court cases on record: 9 filed by Hotspot Retail, 2 filed against it. 9 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 9 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, South, Delhi | Appeal | Filed against the company by an individual | Pending |
| District court, South, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against M/S Pnyg Retail Store and Anr | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Hotspot Retail 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
No delayed payments to MSME suppliers are on our record for Hotspot Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hotspot Retail Private Limited has a workforce of 169 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Hotspot Retail has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAICB5017B1Z6 | Delhi | Active | 09 Jan 2020 |
| 06AAICB5017B1Z8 | Haryana | Active | 09 Jan 2020 |
| 09AAICB5017B1Z2 | Uttar Pradesh | Active | 22 Mar 2020 |
| 19AAICB5017B1Z1 | West Bengal | Active | 25 Jan 2021 |
To see the full GST registrations and return filing status of Hotspot Retail Private Limited, buy the company report.
Recent activity
Hotspot Retail Private Limited has 11 board changes on record since 2019: 4 appointments and 7 cessations. The latest: Shweta Sarin was appointed as Additional Director on 29 Dec 2023.
10 earlier events are in the company report.
Frequently asked questions
Hotspot Retail is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 18 June 2019 (7+ years old) and is registered under CIN U52609DL2019PTC351516.
Hotspot Retail has 4 current directors:
- Vivek Sarin - Director
- Sudhanshu Modi - Director
- Shweta Sarin - Additional Director
- Ashok Kumar Modi - Director
The latest financial statements of Hotspot Retail on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Hotspot Retail is 07AAICB5017B1Z6, registered in Delhi. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 06AAICB5017B1Z8 (Haryana), 09AAICB5017B1Z2 (Uttar Pradesh), 19AAICB5017B1Z1 (West Bengal).
The CIN (Corporate Identification Number) of Hotspot Retail is U52609DL2019PTC351516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hotspot Retail has 11 court cases on record: 9 filed by the company and 2 filed against it. 9 are pending.
Hotspot Retail was incorporated on 18 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Hotspot Retail by revenue are G.Kumar Electro Private Limited, Sol Mobiles Private Limited, North Gaints Private Limited, Element14 India Private Limited, Arrowhead Communications Private Limited and 2 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Shweta Sarin was appointed as Additional Director on 29 Dec 2023. Ashok Kumar Modi ceased to be Additional Director on 24 Dec 2021. Sudhanshu Modi ceased to be Additional Director on 24 Dec 2021. Hotspot Retail has 11 board changes on record in total.
Yes, Hotspot Retail is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0028907).
Hotspot Retail can be reached through the website hotspotstore.com. Its registered office is in New Delhi, Delhi, India.