MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0061059
Happyfest Solutions Private Limited
Happyfest Solutions Private Limited - trading in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.92 Cr
▲ 25% YoY
Net profit · FY 2024
₹13.67 Lakh
Net margin 4.7%
EBITDA · FY 2024
₹20.25 Lakh
EBITDA margin 6.9%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Happyfest Solutions Private Limited
Data last updated:
Happyfest Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 29 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC098868. Its GSTIN is 29AABCW9684N1Z8 (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Wallplays Private Limited and Wallflavors Private Limited. It is led by directors Kavita Merwade Dharmraj and Vivek Dharmaraj Merwade.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 13 6th Cross Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.92 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹13.67 Lakh (net margin 4.7%) and EBITDA of ₹20.25 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 17% over five years.
Happyfest Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0061059). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Happyfest Solutions Private Limited
CIN U74999KA2016PTC098868
Registration Number 098868
Incorporation Date 29 December 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0061059
Name History of Happyfest Solutions Private Limited
Happyfest Solutions has undergone 4 name changes throughout its history. The current legal name is Happyfest Solutions Private Limited.
| Company Name | Status |
|---|---|
| Happyfest Solutions Private Limited | Current |
| Wallplays Private Limited | Previous |
| Wallflavors Private Limited | Previous |
| Wallplays Wallpaper Private Limited | Previous |
| Wallsplay Private Limited | Previous |
Recognitions & Rankings of Happyfest Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo. 13 6th Cross Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003
- IndustryTrading, Other Wholesale, Wholesale
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Business Activity of Happyfest Solutions Private Limited
The main business activity of Happyfest Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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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 Happyfest Solutions Private Limited FY 2025 filings available
Happyfest Solutions Private Limited reported revenue of ₹2.92 Cr (up 25% YoY) for FY 2024.
Revenue · FY 2024
₹2.92 Cr ▲ 25%
Net profit · FY 2024
₹13.67 Lakh margin 4.7%
EBITDA · FY 2024
₹20.25 Lakh margin 6.9%
Compounded Annual Growth Rate (CAGR) of Happyfest Solutions Private Limited
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 41%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 338%
3 years · compounded
▲ 76%
5 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 25% growth in the latest year. EBITDA rose 338% 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 of Happyfest Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹20.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.67 Lakh | •••• | •••• | •••• | •••• |
| 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 Happyfest Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 Happyfest Solutions are in the company report.
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Financial statements from FY 2017
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 Happyfest Solutions Private Limited
Happyfest Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita Merwade Dharmraj | Director | 29 Dec 2016 | 9 Years 9 Months | Current |
| Vivek Dharmaraj Merwade | Director | 29 Dec 2016 | 9 Years 9 Months | Current |
Peer Comparison of Happyfest Solutions Private Limited
Happyfest Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saha Coloured & Flavour Spirit Manufacturer Private Limited | ₹2.92 Cr (FY 2019) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
| Venki Global Foods Private Limited | ₹2.92 Cr (FY 2024) | •••• | •••• | 212.0% | •••• | Hyderabad, Telangana, India |
| Isha Power Projects Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Begusarai, Bihar, India |
| Rostrumed Biotech Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Icon Medisciences Private Limited | ₹2.92 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Nagpur, Maharashtra, India |
| Happyfest Solutions Private Limited this company | ₹2.92 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Bangalore, Karnataka, India |
| Hriday Stainless Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 1918.0% | •••• | Ahmedabad, Gujarat, India |
| Karni Finechem Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Pune, Maharashtra, India |
| Weltek Pumps Pvt Ltd | ₹2.92 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
| BMJR Agro Private Limited | ₹2.92 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Ahmednagar, Maharashtra, India |
| Ils Ventures Private Limited | ₹2.91 Cr (FY 2025) | •••• | •••• | -86.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Happyfest Solutions by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Happyfest Solutions Private Limited
Happyfest Solutions Private Limited is audited by KIRAN BHOOTE & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KIRAN BHOOTE & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of Happyfest Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Happyfest Solutions Private Limited
Happyfest Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Happyfest Solutions Private Limited
Employment history and EPFO contributions of people linked to Happyfest Solutions.
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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 Happyfest Solutions Private Limited
Happyfest Solutions Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Sachin Belamkar Ganeshrao ceased to be Director on 05 Mar 2020.
AGM
Happyfest Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Happyfest Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Sachin Belamkar Ganeshrao ceased to be Director.
Ceased
Vishal Shivshankar Sirur ceased to be Director.
Ceased
Vinay Miskin ceased to be Director.
Ceased
Praveen Mohansa Merwade ceased to be Director.
Ceased
Sneha Suresh Rao Lokre ceased to be Director.
Ceased
Shrinathsingh Pulanekar ceased to be Director.
Appointed
Kavita Merwade Dharmraj was appointed as Director.
Appointed
Vivek Dharmaraj Merwade was appointed as Director.
Incorporation
29 Dec 2016
Happyfest Solutions Private Limited was registered on 29 Dec 2016 with Roc Bangalore & aged 9 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Happyfest Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Happyfest Solutions Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Happyfest Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Happyfest Solutions Private Limited
Happyfest Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCW9684N1Z8 | Karnataka | Active | 17 Aug 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Happyfest Solutions Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Happyfest Solutions Private Limited
Happyfest Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in other wholesale, within the trading industry. It was incorporated on 29 December 2016 (10+ years old) and is registered under CIN U74999KA2016PTC098868.
Happyfest Solutions reported revenue of ₹2.92 Cr for FY 2024 (up 25% YoY).
Happyfest Solutions has 2 current directors:
- Kavita Merwade Dharmraj - Director
- Vivek Dharmaraj Merwade - Director
Happyfest Solutions reported a net profit of ₹13.67 Lakh (net margin 4.7%) and EBITDA of ₹20.25 Lakh (EBITDA margin 6.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Happyfest Solutions is 41% over three years and 17% over five years. In the latest year (FY 2024) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Happyfest Solutions is 29AABCW9684N1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Happyfest Solutions is U74999KA2016PTC098868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happyfest Solutions was incorporated on 29 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Happyfest Solutions by revenue are Saha Coloured & Flavour Spirit Manufacturer Private Limited, Venki Global Foods Private Limited, Isha Power Projects Private Limited, Rostrumed Biotech Private Limited, Icon Medisciences Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Sachin Belamkar Ganeshrao ceased to be Director on 05 Mar 2020. Vishal Shivshankar Sirur ceased to be Director on 05 Mar 2020. Vinay Miskin ceased to be Director on 15 Feb 2019. Happyfest Solutions has 8 board changes on record in total.
Yes, Happyfest Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0061059).