amit@unlistedkraft.in
+91-9599071664
+91-9599071664
Hive Hostels Unlisted Shares
DRHP Status : Not Filed
2350
Fundamentals About Hive Hostels
Downloads & Investor Documents
All documents are provided for informational purposes and are subject to regulatory disclosures.
Key Financials of Hive Hostels
| P&L Statement | 2022 | 2023 |
|---|---|---|
| Revenue | 726 | 2955 |
| Cost of Material Consumed | 0 | 0 |
| Change in Inventory | 0 | 0 |
| Gross Margins | 100 | 100 |
| Employee Benefit Expenses | 112 | 428 |
| Other Expenses | 572 | 2296 |
| EBITDA | 42 | 231 |
| OPM | 5.79 | 7.82 |
| Other Income | 0.04 | 8 |
| Finance Cost | 4 | 88 |
| D&A | 8 | 53 |
| EBIT | 34 | 178 |
| EBIT Margins | 4.68 | 6.02 |
| PBT | 30 | 98 |
| PBT Margins | 4.13 | 3.32 |
| Tax | 6 | 33 |
| PAT | 24 | 65 |
| NPM | 3.31 | 2.2 |
| EPS | 240 | 6.44 |
Financial Ratios |
2022 | 2023 |
|---|---|---|
| Operating Profit Margin | 5.79 | 7.82 |
| Net Profit Margin | 3.31 | 2.2 |
| Earning Per Share (Diluted) | 240 | 6.44 |
| Assets | 2022 | 2023 |
|---|---|---|
| Fixed Assets | 84 | 249 |
| CWIP | 0 | 0 |
| Investments | 0 | 0 |
| Trade Receivables | 21 | 168 |
| Inventory | 0 | 0 |
| Other Assets | 544 | 1304 |
| Total Assets | 649 | 1721 |
| Liabilities | 2022 | 2023 |
|---|---|---|
| Share Capital | 1 | 100.9 |
| FV | 10 | 10 |
| Reserves | 6.5 | 72 |
| Borrowings | 395 | 960 |
| Trade Payables | 31 | 56 |
| Other Liabilities | 215.5 | 532.1 |
| Total Liabilities | 649 | 1721 |
About Company
The Hive Hostels (operated by Colstay Private Limited), founded in 2019 by Bharat and Siddharth Agarwal, is a rapidly growing,, luxury student accommodation provider in India. It operates over 20+ properties across 8+ cities, with 5,000+ beds, focusing on premium, community-driven living for students. The company raised ₹11.5 crore in pre-IPO funding in August 2024 to expand its luxury offerings and plans an IPO in 2025
The following table shows a 10-point analysis of Hive Hostels. We will discuss each point in detail after this table.
| Parameter | Key Numbers | Insights |
|---|---|---|
| Business Overview | Founded 2019 Market Cap ₹270 Cr |
An Indian co-living and student accommodation platform offering managed hostels and premium PG living spaces for students and young professionals. |
| Industry & Market Position | 20+ properties 5,000+ beds |
It operates in India’s organized student housing and co-living segment with growing demand due to increasing student migration to education hubs. |
| Revenue Growth Trend | FY23 revenue ~₹29.5 Cr → FY24 ₹40.73 Cr | Revenue growth supported by expansion of managed hostel properties and increasing occupancy across major cities. |
| Profitability | FY24 PAT ₹1.46 Cr | Profitability improves as occupancy stabilizes and operational efficiencies increase. |
| Expansion Strategy | 3,000 beds expansion planned | The company is expanding its hostel network across additional cities to capture growing student accommodation demand. |
| Funding & Investors | ₹11.5 Cr pre-IPO funding | The company has raised capital from investors including prominent startup investors and business personalities. |
| Business Model | Asset-light managed accommodation | Hive partners with property owners and manages fully furnished student housing with services like Wi-Fi, food, and housekeeping. |
| Geographic Presence | Presence across 10+ cities | Major operational locations include Mumbai, Noida, Ahmedabad, Dehradun, and Jaipur. |
| Market Opportunity | Student housing sector growing rapidly | Increasing demand for organized and premium hostel accommodation among students and young professionals. |
| Future Outlook | Potential IPO plans | The company has indicated plans to explore a public listing in the future to fund expansion. |
Company Overview
(i) Hive Hostels Private Limited operates in the student housing and co-living sector, providing managed hostel and PG accommodations for students and young professionals across multiple Indian cities.
(ii) The company was founded in 2019 by Bharat Agarwal and Siddharth Agrawal with the objective of creating modern, community-driven living spaces for students.
(iii) Hive Hostels offers fully furnished accommodation with services such as Wi-Fi, meals, housekeeping, security, and community spaces, aiming to provide a comfortable and organized living environment.
(iv) The company has expanded its network to 20+ managed properties with more than 5,000 beds across major cities in India.
(v) The business model focuses on asset-light expansion, where Hive partners with property owners and manages hostel operations while maintaining standardized service quality.
Challenges in Hive Hostels’ Business
- High competition in the co-living industry: The student accommodation market has several organized players as well as a large unorganized PG sector, creating pricing pressure.
- Dependence on occupancy levels: Revenue and profitability are highly dependent on maintaining strong occupancy across hostel properties.
- Operational management complexity: Managing accommodation properties across multiple cities requires strong operational management and consistent service quality.
Financial Review of Hive Hostels
Here are some highlights of the financial performance of Hive Hostels Private Limited over the past few years.
FY24 Performance
• Revenue increased to ₹40.73 crore.
• Net profit after tax stood at ₹1.46 crore.
• Revenue growth supported by expansion of the hostel network and improved occupancy.
• The company continued investing in property expansion and service improvements.
FY23 Performance
• Revenue reported around ₹29.5 crore.
• Net profit stood at approximately ₹0.65 crore.
• Profitability improved as operations stabilized after the early growth phase.
• Expansion into additional cities contributed to revenue growth.
FY22 Performance
• Revenue reported around ₹6.26 lakh.
• Net profit reported approximately ₹0.24 lakh.
• Financials reflect the early stage of operations and initial expansion.
• Operating margin recorded around 5.79%.
Quick Summary
Hive Hostels Private Limited is an emerging player in India’s organized student housing and co-living market. The company focuses on providing managed hostel accommodations with modern amenities and community-driven living environments for students and young professionals.
Click Here to visit the official website of Hive Hostels.
Promoters of Hive Hostels Private Limited
The following are the active promoters / leadership associated with the company:
| Name | Designation | LinkedIn Profile |
|---|---|---|
| Bharat Agarwal | Founder | View Profile |
| Siddharth Agrawal | Co-Founder | View Profile |
Shareholding Pattern of Hive Hostels
| Name | Holding |
|---|---|
| Bharat Agarwal | 49.71% |
| Siddharth Agarwal | 47.90% |
| Others | 2.35% |
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Frequently Asked Questions
Hive Hostels Private Limited unlisted shares are equity shares of the company that are not traded on NSE or BSE and are available through private market transactions.
Yes, investors can buy Hive Hostels Private Limited unlisted shares through intermediaries that facilitate trading in the unlisted share market.
Yes, a valid demat account is required to hold Hive Hostels Private Limited unlisted shares.
Yes, unlisted shares can be transferred through private market transactions before a potential IPO depending on buyer availability.
If shares are held for more than two years, gains are taxed at 20% with indexation. If sold earlier, gains are taxed as short-term capital gains as per the investor’s income slab.
+91-9599071664
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