About Happilo International Private Limited
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Happilo International Private Limited is a private limited company based in Nelamangala, Karnataka, India. It operates in the organic and health foods segment of the food and beverages sector. It was incorporated on 09 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC109322. Its GSTIN is 29AAECH4091H1ZE (Karnataka). The company holds 10 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹3.02 Cr and a paid-up capital of ₹15.54 Lakh. It is led by directors including Vikas Dhanmal Nahar and Dhanmaljnahar.
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 Sy. No. 10/1 And 11/2 Arjunabettahalli Kasaba Hobli Bangalore Rural Karnataka – 562123, Bangalore Rural Karnataka – 562123, Nelamangala, Karnataka, India – 562123.
As per the financials filed for FY 2025, the company reported a revenue of ₹282.57 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹9.55 Cr (net margin -3.4%) and EBITDA of ₹5.02 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 37% over five years.
The company has about 245 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Happilo. As per MCA filings, the company has open charges of ₹119.54 Cr and satisfied charges of ₹17.8 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 5 cases are pending. The company has 6 deals on record (4 funding rounds, 1 secondary share transfer, 1 debt financing), with disclosed funding of ₹341.64 Cr; the latest was in December 2025. Its 3 peer companies in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (wholesale trading) are compared by revenue, 3 smaller; the largest is Indocan Honey Private Limited with revenue of ₹272.54 Cr. The company has 10 MSME Form 1 returns on record between 2020 and 2024, listing 194 overdue payments to 55 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website happilo.com.
Company details
Contact details
Happilo International Private Limited's registered office is in Nelamangala, Karnataka. Its website is happilo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy. No. 10/1 And 11/2 Arjunabettahalli Kasaba Hobli Bangalore Rural Karnataka – 562123, Bangalore Rural Karnataka – 562123, Nelamangala, Karnataka, India – 562123
- IndustryFood and Beverages, Organic & Health Foods
To see the full contact details of Happilo International 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
Brands
Happilo International operates one associated brand: Happilo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform offering various nuts, dried fruits, seeds, and berry products | happilo.com |
Business activity
The main business activity of Happilo International is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Happilo International Private Limited, buy the company report.
Financials of Happilo International Private Limited
FY 2025 filings availableHappilo International Private Limited reported revenue of ₹282.57 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA rose 104% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.55 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | -3.4% | ||||
| Return on Equity (ROE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Happilo International Private Limited, buy the company report.
Board of directors of Happilo International Private Limited
Happilo International has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Dhanmal Nahar | Director | 09 Jan 2018 | 8 Years 9 Months | Current |
| Dhanmaljnahar | Director | 09 Jan 2018 | 8 Years 9 Months | Current |
| Vijay Dhanuka Also directs: Archian Foods India Private Limited, Lal Sweets Private Limited, Archian Foods Private Limited and 5 more | Director | 21 Feb 2022 | 4 Years 8 Months | Current |
| Bharadwaj Thiruvenkata Venkatavaraghavan Also directs: 4Point9 Capital Advisors LLP, Ashoka91 Sponsor LLP, A91 Emerging Fund I LLP and 5 more | Nominee Director | 02 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Happilo International Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Happilo International Private Limitedthis company | ₹282.57 Cr (FY 2025) | -₹9.55 Cr | -3.4% | -15.0% | 245 | Nelamangala, Karnataka, India |
| Indocan Honey Private Limited | ₹272.54 Cr (FY 2025) | 24.0% | Delhi, India | |||
| Candor Foods Private Limited | ₹271.05 Cr (FY 2025) | 19.0% | Navi Mumbai, Maharashtra, India | |||
| Raj Natural Food Private Limited | ₹269.16 Cr (FY 2023) | 100.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Happilo International Private Limited, buy the company report.
Auditor
Happilo International Private Limited is audited by S.R. Batliboi & Associates LLP. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP. | FY 2024 | 101049W/E300004 |
Shareholding
The shareholding of Happilo International Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Happilo International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2026 | 101227994 | Others | ₹30 Cr | Open | |
| 25 Aug 2025 | 101153028 | State Bank of India | ₹19.54 Cr | Open | |
| 30 Aug 2023 | 100774801 | Hdfc Bank Limited | ₹70 Cr | Open | |
| 31 Dec 2024 | 101045051 | Others | ₹12 Cr | Satisfied | |
| 30 Dec 2024 | 101039365 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Happilo International Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Happilo International Private Limited has 6 deals on record (4 funding rounds, 1 secondary share transfer, 1 debt financing), with disclosed funding of ₹341.64 Cr; the latest was in December 2025.
Deals on record (2 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Debt financing | ₹12 Cr | Investors: Blacksoil Group |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Happilo International 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
Happilo International Private Limited has 8 court cases on record: 3 filed by Happilo International, 5 filed against it. 5 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 4 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Court case (Com.Misc.) | Filed by the company against Connedit Business Solutions Pvt Ltd | Pending |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed by the company against Connedit Business Solutions Pvt Ltd | Pending |
| Bombay High Court | Court case (COMMP) | Filed by the company against August Assortments Private Limited | Pending |
| District court, TUMAKURU, Karnataka | Civil suit | Filed against the company by Integrated Food Park Pvt. Ltd. Representedy by Its Authorized Signatory Kiran K.P. | Pending |
| High Court of Karnataka | Arbitration matter | Filed against the company by M/S Connedit Business Solutions Private Limited | Disposed |
To see the full case history of Happilo International 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
Happilo International Private Limited has 10 MSME Form 1 returns on record between 2020 and 2024, listing 194 overdue payments to 55 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 55)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Siddhi Vinayak Agri Processing Private Limited | |||
| Island Star Mall Developers Private Limited | |||
| Aureya FM Services Private Limited | |||
| an individual supplier | |||
| Namratha Stockists LLP |
To see the full MSME payment records of Happilo International Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Happilo International Private Limited has a workforce of 245 employees on its EPFO records as of Aug 22, 2025, across 1 active EPFO establishment.
GST
Happilo International has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH4091H1ZE | Karnataka | Active | 11 Apr 2018 |
| 29AAECH4091H2ZD | Karnataka | Active | 01 Apr 2025 |
| 06AAECH4091H1ZM | Haryana | Active | 12 Jul 2021 |
| 27AAECH4091H1ZI | Maharashtra | Active | 25 Aug 2021 |
To see the full GST registrations and return filing status of Happilo International Private Limited, buy the company report.
Recent activity
Happilo International Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Amit Kumar Tiwary ceased to be CFO on 21 Jun 2024.
10 earlier events are in the company report.
News
Frequently asked questions
Happilo International is an active private limited company based in Nelamangala, Karnataka, India. The company works in organic and health foods, within the food and beverages industry. It was incorporated on 09 January 2018 (8+ years old) and is registered under CIN U74999KA2018PTC109322.
Happilo International has 4 current directors:
- Vikas Dhanmal Nahar - Director
- Dhanmaljnahar - Director
- Vijay Dhanuka - Director
- Bharadwaj Thiruvenkata Venkatavaraghavan - Nominee Director
The latest financial statements of Happilo International on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Happilo International is 29AAECH4091H1ZE, registered in Karnataka. The company has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAECH4091H2ZD (Karnataka), 06AAECH4091H1ZM (Haryana), 27AAECH4091H1ZI (Maharashtra).
The CIN (Corporate Identification Number) of Happilo International is U74999KA2018PTC109322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happilo International has 8 court cases on record: 3 filed by the company and 5 filed against it. 5 are pending. Most are in the district courts.
Happilo International was incorporated on 09 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Happilo International has 6 deals on record (4 funding rounds, 1 secondary share transfer, 1 debt financing), with disclosed funding of ₹341.64 Cr; the latest was in December 2025.
The peers of Happilo International by revenue are Indocan Honey Private Limited, Candor Foods Private Limited, Raj Natural Food Private Limited, all in the Food and Beverages industry (Health and Organic Foods), with the same principal business activity (wholesale trading).
Amit Kumar Tiwary ceased to be CFO on 21 Jun 2024. Anindya Arunangshu Sengupta ceased to be CFO on 29 Apr 2022. Vijay Dhanuka was appointed as Director on 21 Feb 2022. Happilo International has 6 board changes on record in total.
Happilo International has 10 MSME Form 1 returns on record between 2020 and 2024, listing 194 overdue payments to 55 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Happilo International can be reached through the website happilo.com. Its registered office is in Nelamangala, Karnataka, India.
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