Hotspot Ventures Private Limited
About Hotspot Ventures Private Limited
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Hotspot Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2019PTC130199.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prasad Reddy Annapureddy (Whole-Time Director) and Kirankumar Reddy (Whole-Time Director).
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 is at No 457/466/15 – 1/1 – A And 457/466/15 – 1/1 – B Nagawara Village Kasaba Hobli, Bangalore, Karnataka, India – 560045.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.02 Cr. For the same year it recorded a net profit of ₹10.62 Lakh (net margin 2.6%) and EBITDA of ₹15.3 Lakh (EBITDA margin 3.8%).
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- Registered AddressNo 457/466/15 – 1/1 – A And 457/466/15 – 1/1 – B Nagawara Village Kasaba Hobli, Bangalore, Karnataka, India – 560045
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Hotspot Ventures Private Limited
The main business activity of Hotspot Ventures is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Hotspot Ventures Private Limited FY 2022 filings available
Hotspot Ventures Private Limited reported revenue of ₹4.02 Cr for FY 2022.
Financial Statement Summary of Hotspot Ventures Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹15.3 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.62 Lakh | •••• | •••• |
| 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 of Hotspot Ventures Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.8% | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hotspot Ventures are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Hotspot Ventures Private Limited
Hotspot Ventures has 8 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venugopal Jeedigunta Also directs: Onyx Homes Private Limited, Intransa Solutions Private Limited | Director | 13 Feb 2020 | 6 Years 7 Months | Current |
| Prasad Reddy Annapureddy | Whole-Time Director | 13 Feb 2020 | 6 Years 7 Months | Current |
| Kirankumar Reddy | Whole-Time Director | 13 Feb 2020 | 6 Years 7 Months | Current |
| Snehalatha Yekkanti | Whole-Time Director | 13 Feb 2020 | 6 Years 7 Months | Current |
| Deepthi Danda Also directs: Onyx Homes Private Limited, Pragna Life Spaces Private Limited, Pragna Housing Private Limited and 1 more | Director | 29 Nov 2019 | 6 Years 10 Months | Current |
| Channaraya Nataraj Patna Nagaraju | Whole-Time Director | 13 Feb 2020 | 6 Years 7 Months | Current |
Charges & Borrowings of Hotspot Ventures Private Limited
Hotspot Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hotspot Ventures Private Limited
Employment history and EPFO contributions of people linked to Hotspot Ventures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Hotspot Ventures Private Limited
Hotspot Ventures Private Limited has 8 board changes on record since 2019: 8 appointments. The latest: Channaraya Nataraj Patna Nagaraju was appointed as Whole-Time Director on 13 Feb 2020.
Credit Ratings, Litigation & Regulatory Alerts for Hotspot Ventures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hotspot Ventures Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hotspot Ventures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hotspot Ventures Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hotspot Ventures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hotspot Ventures Private Limited
Hotspot Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 November 2019 (7+ years old) and is registered under CIN U70109KA2019PTC130199.
Hotspot Ventures reported revenue of ₹4.02 Cr for FY 2022.
Hotspot Ventures has 8 current directors:
- Prasad Reddy Annapureddy - Whole-Time Director
- Kirankumar Reddy - Whole-Time Director
- Snehalatha Yekkanti - Whole-Time Director
- Channaraya Nataraj Patna Nagaraju - Whole-Time Director
- Charabudla Shirish Reddy - Whole-Time Director
- Venugopal Jeedigunta - Director
- Deepthi Danda - Director
- Rajitha Anugu - Director
Hotspot Ventures reported a net profit of ₹10.62 Lakh (net margin 2.6%) and EBITDA of ₹15.3 Lakh (EBITDA margin 3.8%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Hotspot Ventures is U70109KA2019PTC130199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hotspot Ventures was incorporated on 29 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Channaraya Nataraj Patna Nagaraju was appointed as Whole-Time Director on 13 Feb 2020. Charabudla Shirish Reddy was appointed as Whole-Time Director on 13 Feb 2020. Kirankumar Reddy was appointed as Whole-Time Director on 13 Feb 2020. Hotspot Ventures has 8 board changes on record in total.
The registered office of Hotspot Ventures is at No 45746615 – 11 – A And 45746615 – 11 – B Nagawara Village Kasaba Hobli, Bangalore, Karnataka, India – 560045.
Hotspot Ventures has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Hotspot Ventures operates in the real estate and construction industry, in the real estate builders and developers segment.