Happy Hands Microfinance Private Limited
About Happy Hands Microfinance Private Limited
Data last updated:
Happy Hands Microfinance Private Limited is a private limited company based in Agra, Uttar Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 02 September 2022.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U65990UP2022PTC170120.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Laxman Prasad Agarwal and Jagrati Agarwal.
Its last annual general meeting (AGM) was held on 31 May 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Agra, Uttar Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.9 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹9,740 (net margin -3.4%) and EBITDA of ₹59,472 (EBITDA margin 20.5%).
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- Registered AddressB – 451 Trans Yamuna Colony, Ph – 1, Agra, Uttar Pradesh, India – 282006
- IndustryFinancial Services, Other Financial Intermediation
- 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
- One PDF report, delivered after checkout
Business Activity of Happy Hands Microfinance Private Limited
The business activities of Happy Hands Microfinance are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Happy Hands Microfinance Private Limited FY 2024 filings available
Happy Hands Microfinance Private Limited reported revenue of ₹2.9 Lakh (down 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Happy Hands Microfinance Private Limited
Revenue fell 80% in the latest year. EBITDA rose 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Happy Hands Microfinance Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹59,472 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹9,740 | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Happy Hands Microfinance Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 20.5% | •••• |
| Net Profit Margin | -3.4% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Happy Hands Microfinance are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Happy Hands Microfinance Private Limited
Happy Hands Microfinance has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxman Prasad Agarwal | Director | 02 Sep 2022 | 4 Years 1 Months | Current |
| Jagrati Agarwal | Director | 08 Jun 2024 | 2 Years 4 Months | Current |
Charges & Borrowings of Happy Hands Microfinance Private Limited
Happy Hands Microfinance Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Happy Hands Microfinance Private Limited
Employment history and EPFO contributions of people linked to Happy Hands Microfinance.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Happy Hands Microfinance Private Limited
Happy Hands Microfinance Private Limited has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Ayush Gupta ceased to be Director on 15 Jun 2024.
Credit Ratings, Litigation & Regulatory Alerts for Happy Hands Microfinance Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Happy Hands Microfinance Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Happy Hands Microfinance Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Happy Hands Microfinance Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Happy Hands Microfinance Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Happy Hands Microfinance Private Limited
Happy Hands Microfinance is an active private limited company based in Agra, Uttar Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 02 September 2022 (4+ years old) and is registered under CIN U65990UP2022PTC170120.
Happy Hands Microfinance reported revenue of ₹2.9 Lakh for FY 2024 (down 80% YoY).
Happy Hands Microfinance has 2 current directors:
- Laxman Prasad Agarwal - Director
- Jagrati Agarwal - Director
Happy Hands Microfinance reported a net loss of ₹9,740 (net margin -3.4%) and EBITDA of ₹59,472 (EBITDA margin 20.5%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Happy Hands Microfinance is U65990UP2022PTC170120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happy Hands Microfinance was incorporated on 02 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Kanpur.
Ayush Gupta ceased to be Director on 15 Jun 2024. Jagrati Agarwal was appointed as Director on 08 Jun 2024. Laxman Prasad Agarwal was appointed as Director on 02 Sep 2022.
The registered office of Happy Hands Microfinance is at B – 451 Trans Yamuna Colony, Ph – 1, Agra, Uttar Pradesh, India – 282006.
Happy Hands Microfinance has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Happy Hands Microfinance operates in the financial services industry, in the other financial intermediation segment.