About Hug Digital Private Limited
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Hug Digital Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the IT services segment of the services sector. It was incorporated on 19 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2015PTC039034. Its GSTIN is 32AADCH8478F1ZH (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chitalwala Naseema Hakimuddin and Ramkumar Kala Mohan.
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 Thiruvananthapuram, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹50,730, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹13.52 Lakh and EBITDA of -₹12.55 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 61% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hugdigital.com.
Company details
Contact details
Hug Digital Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is hugdigital.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTc 22/627(1), Ram Nivas Chiramukku, Thiruvananthapuram, Kerala, India – 695009
- IndustryService, Information Technology Services
To see the full contact details of Hug Digital 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 Hug Digital is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Hug Digital Private Limited, buy the company report.
Financials of Hug Digital Private Limited
FY 2024 filings availableHug Digital Private Limited reported revenue of ₹50,730 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 99% fall in the latest year. EBITDA fell 280% 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 | -₹12.55 Lakh | ||||
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| Net Profit (PAT) | -₹13.52 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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To see the full financial statements and ratios of Hug Digital Private Limited, buy the company report.
Board of directors of Hug Digital Private Limited
Hug Digital has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chitalwala Naseema Hakimuddin | Director | 17 Oct 2019 | 7 Years 0 Months | Current |
| Ramkumar Kala Mohan | Director | 11 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Hug Digital Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Opticom Networks Private Limited | ₹50,898 (FY 2025) | -1.0% | Paschim Midnapur, West Bengal, India | |||
| Tech Matpatra Private Limited | ₹50,862 (FY 2022) | 100.0% | New Delhi, Delhi, India | |||
| Paisa Point Technologies Private Limited | ₹50,827 (FY 2018) | -85.0% | New Delhi, Delhi, India | |||
| Suksh Technology Private Limited | ₹50,800 (FY 2020) | Bangalore, Karnataka, India | ||||
| Magadh Distributors and Marketing Ventures Private Limited | ₹50,765 (FY 2024) | -17.0% | Patna, Bihar, India | |||
| Hug Digital Private Limitedthis company | ₹50,730 (FY 2024) | -₹13.52 Lakh | -99.0% | Thiruvananthapuram, Kerala, India | ||
| Deepsphere AI India Private Limited | ₹50,664 (FY 2021) | Chennai, Tamil Nadu, India | ||||
| Igrow Global Solutions Private Limited | ₹50,618 (FY 2021) | -44.0% | Chennai, Tamil Nadu, India | |||
| Sleevetechs Private Limited | ₹50,600 (FY 2025) | -95.0% | Bangalore, Karnataka, India | |||
| Profittrip Solutions Private Limited | ₹50,500 (FY 2022) | Mumbai, Maharashtra, India | ||||
| Ontisalaga Private Limited | ₹50,430 (FY 2024) | -90.0% | Mysore, Karnataka, India |
To see the full peer comparison of Hug Digital Private Limited, buy the company report.
Auditor
Hug Digital Private Limited is audited by BALARAM AND NANDAKUMAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALARAM AND NANDAKUMAR | FY 2017 | 000346S |
Shareholding
The shareholding of Hug Digital Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Hug Digital Private Limited, buy the company report.
Legal cases
Hug Digital Private Limited has 1 court case on record: 1 filed by Hug Digital. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kochi | Interim or miscellaneous application | Filed by the company | Disposed |
To see the full case history of Hug Digital 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 Hug Digital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hug Digital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCH8478F1ZH | Kerala | Active | 27 Mar 2019 |
To see the full GST registrations and return filing status of Hug Digital Private Limited, buy the company report.
Recent activity
Hug Digital Private Limited has 10 board changes on record since 2016: 2 appointments and 8 cessations. The latest: Chitalwala Naseema Hakimuddin ceased to be Additional Director on 30 Sep 2020.
1 earlier event is in the company report.
Frequently asked questions
Hug Digital is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in information technology services, within the service industry. It was incorporated on 19 August 2015 (11+ years old) and is registered under CIN U72900KL2015PTC039034.
Hug Digital has 2 current directors:
- Chitalwala Naseema Hakimuddin - Director
- Ramkumar Kala Mohan - Director
The latest financial statements of Hug Digital 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 2016 are in the company report.
The GSTIN of Hug Digital is 32AADCH8478F1ZH, registered in Kerala.
The CIN (Corporate Identification Number) of Hug Digital is U72900KL2015PTC039034. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hug Digital has 1 court case on record: 1 filed by the company.
Hug Digital was incorporated on 19 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Hug Digital by revenue are Opticom Networks Private Limited, Tech Matpatra Private Limited, Paisa Point Technologies Private Limited, Suksh Technology Private Limited, Magadh Distributors and Marketing Ventures Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Chitalwala Naseema Hakimuddin ceased to be Additional Director on 30 Sep 2020. Inigo Alejandro Franco Guarneros ceased to be Additional Director on 30 Sep 2020. Chitalwala Naseema Hakimuddin was appointed as Director on 17 Oct 2019. Hug Digital has 10 board changes on record in total.
Hug Digital can be reached through the website hugdigital.com. Its registered office is in Thiruvananthapuram, Kerala, India.
The registered office of Hug Digital is at Tc 226271, Ram Nivas Chiramukku, Thiruvananthapuram, Kerala, India – 695009.