Dreampurse Technologies Private Limited - Due diligence report

A 360° intelligence report on Hip Bar: trust score, financial health, credit view, compliance, directors, growth and distress signals - gene…

2015-02-20 Mumbai, Maharashtra Active Unlisted Active Compliant
DT Dreampurse Technologies Private Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Hip Bar — 360° Intelligence Report

Generated from MCA filings & public records
50/100
Trust Score
Moderate

Hip Bar is assessed as Moderate with a Trust Score of 50/100. Hip Bar is an active private limited indian non-government company incorporated in 2015, operating in the Financial Services sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and high financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Dreampurse Technologies Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Neutral
Compliance › Neutral

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
50/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
51/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
10/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
45/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
30/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 51/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Flagged by authority: RBI.
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
KUNAL NARESH SHAH 01234567 Director 01/04/2018 6 yrs Approved
TANISHA JAIN 01234567 Director 01/04/2018 6 yrs Approved
ROHAN SHAH NARESH 01234567 Director 01/04/2018 6 yrs Approved
NARASIMHA SASTRY VASANTH 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • 1 director exit(s) in the last 3 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Dreamplug Technologies Private Limited
Subsidiaries
-
Group entities
-
Capital events
10 allotment(s) · 2 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Dreamplug Technologies Private Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 45 · Distress 30
Growth signals & trust indicators
EPFO headcount growing - hiring signal.
Operating for 11+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Outside liabilities up 38% in a year.
Negative net worth.
Compliance score is weak (51/100).
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence44/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment38/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view34/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
26 Sep 2023
Director ceased
NARASIMHA SASTRY VASANTH
24 Feb 2023
Director appointed
NARASIMHA SASTRY VASANTH (Director)
20 Oct 2022
Director appointed
TANISHA JAIN (Company Secretary)
19 Sep 2022
Director ceased
Rajesh Brindavan Pandey
26 Apr 2022
Director ceased
NATARAJAN PRASANNA
12 Oct 2021
Director appointed
KUNAL NARESH SHAH (Director)
Director appointed
ROHAN SHAH NARESH (Director)
Director ceased
KUNAL NARESH SHAH
Director ceased
ROHAN SHAH NARESH
Director ceased
RAJALAKSHMI NATARAJAN
26 Aug 2021
Securities allotted
18000000 Preference Shares - 18.00 cr raised
03 Aug 2021
Director ceased
SAVITA RAMACHANDRA PAI
31 Mar 2021
Share transfer (FY 2021)
100.00000000 shares to Prashant Rao Venkata Adurty
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
4 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 10 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Marble Finvest Limited L65910CH1984PLC021285 Chandigarh, Chandigarh, India
Madhunil Retreats Private Limited U43299DL2019PTC355693 Delhi, Delhi, India
Warmond Trustees & Executors Private Limited U74900MH2006PTC323916 Mumbai, Maharashtra, India
Essance Investement And Fin Consultants Private Limited U74899DL1994PTC063414 Delhi, Delhi, India
Mayank Vyapaar Private Limited U51109WB2006PTC107518 North 24 Paraganas, West Bengal, India
Jubilant Foodworks International Investments Limited U65999UP2022PLC168838 Noida, Uttar Pradesh, India
Urbanvikas Nidhi Limited U65999KL2019PLC058913 Mannarkkad, Kerala, India
Inclusion Finance Private Limited U65929HR2020PTC137414 Dlf Qe, Haryana, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Hip Bar before audits and certifications: compliance score 51/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Hip Bar: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 45/100, margin trends, ownership structure and peer set for Hip Bar - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 50/100, distress signals and MSME payment-delay disclosures - know whether Hip Bar pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Hip Bar - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Hip Bar an active company?

Hip Bar has MCA status “Active” with a compliance score of 51/100 (Moderate).

Is Hip Bar financially healthy?

Hip Bar has a Financial Health Score of 10/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Hip Bar?

Its overall Trust Score is 50/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Hip Bar?

The ultimate holding entity is Dreamplug Technologies Private Limited. 4 active director(s) are on record.

Does Hip Bar have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Hip Bar up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 51/100 (Moderate).

Is it risky to lend to Hip Bar?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.