About Hue Retail Private Limited
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Hue Retail Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 11 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2010PTC208830. Its GSTIN is 27AACCH5161L1ZE (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Mahima Dhruv Sayani and Prasun Pradeep Bansal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 110 Radhe Vallabh Chs. Modi Chambers Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹64.63 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.07 Lakh (net margin -1.7%) and EBITDA of ₹7.59 Lakh (EBITDA margin 11.8%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 27% over five years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bansalgrp.com.
Company details
Contact details
Hue Retail Private Limited's registered office is in Mumbai, Maharashtra. Its website is bansalgrp.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address110 Radhe Vallabh Chs. Modi Chambers Opera House, Mumbai, Maharashtra, India – 400004
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
To see the full contact details of Hue 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 Hue Retail is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Hue Retail Private Limited, buy the company report.
Financials of Hue Retail Private Limited
FY 2025 filings availableHue Retail Private Limited reported revenue of ₹64.63 Lakh (up 531% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 531% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA rose 769% 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 | ₹7.59 Lakh | ||||
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| Net Profit (PAT) | -₹1.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | -1.7% | ||||
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To see the full financial statements and ratios of Hue Retail Private Limited, buy the company report.
Board of directors of Hue Retail Private Limited
Hue Retail has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahima Dhruv Sayani Also directs: Deltias Bioscience Private Limited, Le Aesthetic and Beaute Enterprises Private Limited, Erryday Retail Private Limited and 2 more | Director | 11 Oct 2010 | 16 Years 0 Months | Current |
| Prasun Pradeep Bansal Also directs: Bansal Finserve LLP, Bansal Naturevest Private Limited, Bansal Sharevest Services Private Limited and 5 more | Director | 20 Jun 2016 | 10 Years 4 Months | Current |
| Nandini Bansal Also directs: Bansal Finserve LLP, Bansal Naturevest Private Limited, Bansal Sharevest Services Private Limited and 2 more | Director | 14 Oct 2024 | 2 Years 0 Months | Current |
| Sumanlata Pradeepkumar Bansal Also directs: Bansal Finserve LLP, Bansal Naturevest Private Limited, Bansal Sharevest Services Private Limited and 1 more | Director | 14 Oct 2024 | 2 Years 0 Months | Current |
| Pradeep Kumar Bansal Also directs: Bansal Finserve LLP, Bansal Naturevest Private Limited, Bansal Sharevest Services Private Limited and 1 more | Director | 11 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Hue Retail Private Limited is audited by S KHERODIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S KHERODIA & CO | FY 2021 | 105138W |
Shareholding
The shareholding of Hue Retail Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hue Retail Private Limited, buy the company report.
Legal cases
Hue Retail Private Limited has 3 court cases on record: 1 filed by Hue Retail, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by Fuel Lifestyle LLP @ Ma 1584-19 - Applicant and 5 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by Fuel Lifestyle LLP @ Rev 712-19 - Applicant and 5 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against Kantilal Karia and Co Fuel Store | Disposed |
To see the full case history of Hue 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 Hue Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hue Retail has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH5161L1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hue Retail Private Limited, buy the company report.
Recent activity
Hue Retail Private Limited has 8 board changes on record since 2010: 5 appointments and 3 cessations. The latest: Sumanlata Pradeepkumar Bansal ceased to be Additional Director on 28 Sep 2025.
Frequently asked questions
Hue Retail is an active private limited company based in Mumbai, Maharashtra, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 11 October 2010 (16+ years old) and is registered under CIN U74900MH2010PTC208830.
Hue Retail has 5 current directors:
- Mahima Dhruv Sayani - Director
- Prasun Pradeep Bansal - Director
- Nandini Bansal - Director
- Sumanlata Pradeepkumar Bansal - Director
- Pradeep Kumar Bansal - Director
The latest financial statements of Hue Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hue Retail is 27AACCH5161L1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hue Retail is U74900MH2010PTC208830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hue Retail has 3 court cases on record: 1 filed by the company and 2 filed against it.
Hue Retail was incorporated on 11 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Sumanlata Pradeepkumar Bansal ceased to be Additional Director on 28 Sep 2025. Nandini Bansal was appointed as Director on 14 Oct 2024. Sumanlata Pradeepkumar Bansal was appointed as Director on 14 Oct 2024. Hue Retail has 8 board changes on record in total.
Hue Retail can be reached through the website bansalgrp.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Hue Retail is at 110 Radhe Vallabh Chs. Modi Chambers Opera House, Mumbai, Maharashtra, India – 400004.