Happensmith Ventures Private Limited
About Happensmith Ventures Private Limited
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Happensmith Ventures Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 22 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15543DL2005PTC134316. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Pine Cask Venture Services Private Limited and Pine Cask Beverages India Private Limited. It is led by directors Sharat Jain and Harsh Vardhan Lal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C – 192 Sarvodya Enclave, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2023, the company reported a revenue of ₹10,730, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.66 Lakh and EBITDA of -₹42,664 (EBITDA margin -397.6%).
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Happensmith Ventures has undergone 2 name changes throughout its history. The company was previously known as Pine Cask Venture Services Private Limited, and Pine Cask Beverages India Private Limited. The current legal name is Happensmith Ventures Private Limited.
| Company Name | Status |
|---|---|
| Happensmith Ventures Private Limited | Current |
| Pine Cask Venture Services Private Limited | Previous |
| Pine Cask Beverages India Private Limited | Previous |
Contact details
Happensmith Ventures Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 192 Sarvodya Enclave, New Delhi, Delhi, India – 110017
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Happensmith Ventures 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
Financials of Happensmith Ventures Private Limited
FY 2023 filings availableHappensmith Ventures Private Limited reported revenue of ₹10,730 (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. EBITDA fell 102% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹42,664 | ||||
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| Net Profit (PAT) | -₹1.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -397.6% | ||||
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To see the full financial statements and ratios of Happensmith Ventures Private Limited, buy the company report.
Board of directors of Happensmith Ventures Private Limited
Happensmith Ventures has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharat Jain Also directs: Inenergy Ventures LLP, Pine Cask Bottling Private Limited, Edge Executive Search Private Limited and 1 more | Director | 25 Aug 2018 | 8 Years 1 Months | Current |
| Harsh Vardhan Lal Also directs: Pine Cask Bottling Private Limited | Director | 22 Mar 2005 | 21 Years 7 Months | Current |
Auditor
Happensmith Ventures Private Limited is audited by A K NAIR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K NAIR & CO | FY 2020 | 011075N |
Shareholding
The shareholding of Happensmith Ventures Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Happensmith Ventures Private Limited, buy the company report.
Legal cases
Happensmith Ventures Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by The Scotch Whisky Association & Anr. | Disposed |
To see the full case history of Happensmith Ventures 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 Happensmith Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Happensmith Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Happensmith Ventures Private Limited, buy the company report.
Recent activity
Happensmith Ventures Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Jyotsna Lal ceased to be Director on 08 Apr 2019.
Frequently asked questions
Happensmith Ventures is an active private limited company based in New Delhi, Delhi, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 22 March 2005 (21+ years old) and is registered under CIN U15543DL2005PTC134316.
Happensmith Ventures has 2 current directors:
- Sharat Jain - Director
- Harsh Vardhan Lal - Director
The latest financial statements of Happensmith Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Happensmith Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Happensmith Ventures is U15543DL2005PTC134316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happensmith Ventures has 1 court case on record: 1 filed against it.
Happensmith Ventures was incorporated on 22 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Jyotsna Lal ceased to be Director on 08 Apr 2019. Upasna Lal ceased to be Director on 08 Apr 2019. Sharat Jain was appointed as Director on 25 Aug 2018. Happensmith Ventures has 6 board changes on record in total.
The registered office of Happensmith Ventures is at C – 192 Sarvodya Enclave, New Delhi, Delhi, India – 110017.
Happensmith Ventures operates in the food and beverages industry, in the alcoholic beverage manufacturing and distribution segment.