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    HANMAN FIT LTD.

    20 March 2026 | 12:00

    Industry >> Amusement Parks/Recreation

    Select Another Company

    ISIN No INE982Q01017 BSE Code / NSE Code 538731 / HANMAN Book Value (Rs.) 1.58 Face Value 10.00
    Bookclosure 30/09/2020 52Week High 7 EPS 0.00 P/E 0.00
    Market Cap. 4.20 Cr. 52Week Low 3 P/BV / Div Yield (%) 2.54 / 0.00 Market Lot 4,200.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The Company was incorporated as `Powerhouse Fitness And Realty Limited' a public limited company under the Companies Act, 1956 pursuant to Certificate of Incorporation dated February 8, 2013 issued by the Registrar of Companies, Maharashtra, Mumbai. The Company received the Certificate of Commencement of Business on February 18, 2013 issued by the Registrar of Companies, Maharashtra, Mumbai. Our promoters are Mr. Akshat Gupta, Mr. Ankush Gupta and Mrs. Sushma Gupta.

    We are a fitness chain operating in Mumbai and also have the presence in Surat and Jaipur through our franchise. We operate our Gyms under the brand 'Powerhouse Gyms' which is owned by Powerhouse Gyms International headquartered in Detroit, USA.

    The Gyms are state of the art facilities with services including gyms, steam, aerobics and diet counseling amongst others.

    The first gym was established in May 1999, as 'Q's Fitness Studio' a proprietary firm with Mr. Ashok Gupta HUF as its sole proprietor at Santacruz West, Mumbai. After the success of the Santacruz centre another centre was set up at Vile Parle, Mumbai in October 2004. 'Q's Fitness Studio' has signed a Master Licensing Agreement dated March 21, 2005 with Powerhouse Licensing LLC, which provides us with the exclusive right to set up and operate Powerhouse Gyms and to use and license of the Powerhouse Gyms and the associated trademarks in the gyms in India, Nepal, Bangladesh and Sri Lanka set up and run Powerhouse gyms in India, Sri Lanka, Nepal, Bangladesh and Maldives. The first Powerhouse fitness centre in India was set up in November 2005 at at Juhu (Mumbai). The centres at Santacruz and Vile Parle were converted to Powerhouse.

    Key Events and Milestones:

    2012-13 - Incorporation

    2012-13 - Consolidation of Business

    2014

    - Increase in number of gyms to 13 - Entered into three franchise agreements for Santacruz, Surat and Jaipur - The equity shares of Powerhouse Fitness And Realty Ltd (Scrip Code: 538731) are listed and admitted to dealings on the Exchange in the list of 'MT' Group Securities.

    2018

    -The Company has issued Bonus Shares in the Ratio of 1:20.

    2019

    -Company name has changed to Hanman Fit Ltd. from Powerhouse Gym & Wellness Ltd..

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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