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Happy Loan Management Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹8.52 Cr
▲ 74% YoY
Net loss · FY 2022
₹10.81 Cr
Net margin -126.9%
EBITDA · FY 2022
-₹4.26 Cr
EBITDA margin -50%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹3.43 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
38
Provident fund records
Directors on board
2
As per MCA filings
About Happy Loan Management Private Limited
Data last updated:
Happy Loan Management Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 05 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2016PTC288142. Its GSTIN is 27AAPCA0734P1Z7 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹3.43 Lakh. It is led by directors Kunal Avinash Kumthekar and Manish Khera.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at The Empire Business Centre Empire Industries Ltd 414 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.52 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net loss of ₹10.81 Cr (net margin -126.9%) and EBITDA of -₹4.26 Cr (EBITDA margin -50%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 256% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Happy Loans. Court records list 99 cases involving the company, including 6 filed by the company and 93 filed against it; 40 cases are pending. The company has 14 deals on record (7 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹23.28 Cr; the latest was in April 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website happyness.net.
Company details
CIN U74110MH2016PTC288142
Registration Number 288142
Incorporation Date 05 December 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Happy Loan Management has one previous CIN (Corporate Identification Number): U65999MH2016PTC288142. The current CIN is U74110MH2016PTC288142, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2016PTC288142 | Current |
| U65999MH2016PTC288142 | Previous |
Recognitions & Rankings of Happy Loan Management
Contact details
Happy Loan Management Private Limited's registered office is in Mumbai, Maharashtra. Its website is happyness.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThe Empire Business Centre Empire Industries Ltd 414 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Happy Loan Management Private Limited, buy the company report.
Comprehensive company report
Happy Loan Management Private Limited - one report that includes everything
- 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
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Brands
Happy Loan Management operates one associated brand: Happy Loans. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| B2B solutions for finance, payments, and risk management are offered. | happyness.net |
Business activity
The main business activity of Happy Loan Management is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Happy Loan Management Private Limited, buy the company report.
Financials of Happy Loan Management Private Limited
FY 2022 filings availableHappy Loan Management Private Limited reported revenue of ₹8.52 Cr (up 74% YoY) for FY 2022.
Revenue · FY 2022
₹8.52 Cr ▲ 74%
Net loss · FY 2022
₹10.81 Cr margin -126.9%
EBITDA · FY 2022
-₹4.26 Cr margin -50%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 37%
5 years · compounded
▲ 256%
EBITDA CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 35%
5 years · compounded
▼ 72%
Revenue has grown at a compounded annual rate (CAGR) of 256% over five years, including 74% growth in the latest year. EBITDA rose 66% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.81 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -50% | ||||
| Net Profit Margin | -126.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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To see the full financial statements and ratios of Happy Loan Management Private Limited, buy the company report.
Board of directors of Happy Loan Management Private Limited
Happy Loan Management has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Avinash Kumthekar Also directs: Kpin Real Estate Ventures LLP, Raa Investment Capital Advisory LLP, Plexus Capital Ventures Private Limited and 5 more | Director | 29 Mar 2018 | 8 Years 6 Months | Current |
| Manish Khera | Director | 05 Dec 2016 | 9 Years 10 Months | Current |
Auditor
Happy Loan Management Private Limited is audited by NVS & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NVS & Co. | FY 2022 | 132180W |
Shareholding
The shareholding of Happy Loan Management Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Happy Loan Management Private Limited, buy the company report.
Deals & funding
Happy Loan Management Private Limited has 14 deals on record (7 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹23.28 Cr; the latest was in April 2020.
Total deals
14
Secondary share transfers
7
Funding rounds
5
Rights issue
1
Acquisition
1
Disclosed funding
₹23.28 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2020 | Funding round | ₹7.5 Cr | Investors: DCR Workforce Inc |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2019 | Funding round | ₹6.67 Cr | Investors: DMI Sparkle Fund, Cloud Digital Finance LLC, 2 individuals |
| Apr 2019 | Funding round | ₹1.62 Cr | Investors: Cloud Digital Finance LLC |
To see the full deal history of Happy Loan Management Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Happy Loan Management Private Limited has 99 court cases on record: 6 filed by Happy Loan Management, 93 filed against it. 40 cases are pending and 59 are disposed.
Total cases
99
Filed by the company
6
Filed against the company
93
Pending
40
Disposed
59
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 97 | 92 | 38 |
| High courts | 2 | 1 | 2 |
Cases on record (5 of 99)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by Bses Rajdhani Power Limited | Pending |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed against the company by Credifin Limited | Pending |
| District court, Gurdaspur, Punjab | Cheque dishonour complaint | Filed against the company by M/S Shriram Finance Limited | Pending |
| High Court of Punjab and Haryana | Appeal | Filed against the company by United India Insurance Company Ltd | Pending |
| District court, Karnal, Haryana | Commercial suit | Filed against the company by Axis Bank Ltd. | Pending |
To see the full case history of Happy Loan Management 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 Happy Loan Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Happy Loan Management Private Limited has a workforce of 38 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
38
Active EPFO establishments
1
Employee growth
52%
GST
Happy Loan Management has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA0734P1Z7 | Maharashtra | Active | 11 Jul 2017 |
| 06AAPCA0734P1ZB | Haryana | Active | 01 Dec 2017 |
To see the full GST registrations and return filing status of Happy Loan Management Private Limited, buy the company report.
Recent activity
Happy Loan Management Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Kunal Avinash Kumthekar ceased to be Additional Director on 29 Sep 2018.
AGM
Happy Loan Management Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Happy Loan Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Ceased
Kunal Avinash Kumthekar ceased to be Additional Director.
Ceased
Manish Khera ceased to be Director.
Ceased
Mohandas Dasari ceased to be Director.
Appointed
Kunal Avinash Kumthekar was appointed as Director.
Ceased
Anup Kumar Pande ceased to be Director.
Appointed
Manish Khera was appointed as Director.
Incorporation
05 Dec 2016
Happy Loan Management Private Limited was registered on 05 Dec 2016 with Roc Mumbai & aged 9 years 10 months as per MCA records.
News
Frequently asked questions
Happy Loan Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 05 December 2016 (10+ years old) and is registered under CIN U74110MH2016PTC288142.
Happy Loan Management has 2 current directors:
- Kunal Avinash Kumthekar - Director
- Manish Khera - Director
The latest financial statements of Happy Loan Management on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Happy Loan Management is 27AAPCA0734P1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAPCA0734P1ZB (Haryana).
The CIN (Corporate Identification Number) of Happy Loan Management is U74110MH2016PTC288142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happy Loan Management has 99 court cases on record: 6 filed by the company and 93 filed against it. 40 are pending. Most are in the district courts.
Happy Loan Management was incorporated on 05 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Happy Loan Management has 14 deals on record (7 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹23.28 Cr; the latest was in April 2020.
Kunal Avinash Kumthekar ceased to be Additional Director on 29 Sep 2018. Manish Khera ceased to be Director on 09 Jul 2018. Mohandas Dasari ceased to be Director on 07 Apr 2018. Happy Loan Management has 6 board changes on record in total.
Yes, Happy Loan Management is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).