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Happsales Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹43.77 Lakh
▼ 12% YoY
Net loss · FY 2025
₹50.52 Lakh
Net margin -115.4%
EBITDA · FY 2025
-₹50.19 Lakh
EBITDA margin -114.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.19 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Happsales Private Limited
Data last updated:
Happsales Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC117613. Its GSTIN is 29AAECH6855P1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.19 Lakh. It is led by directors Nair Navin and Vijay Kumar Vettath.
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 3078 Casa Paradiso 3 Sobha City Thanisandra Main Road, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.77 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹50.52 Lakh (net margin -115.4%) and EBITDA of -₹50.19 Lakh (EBITDA margin -114.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 73% over five years.
The company is associated with 1 brand: HappSales.
For more details, the company can be reached via its website happsales.com.
Company details
CIN U72900KA2018PTC117613
Registration Number 117613
Incorporation Date 15 October 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Key People
Nair Navin Director Vijay Kumar Vettath Director Recognitions & Rankings of Happsales
Contact details
Happsales Private Limited's registered office is in Bangalore, Karnataka. Its website is happsales.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3078 Casa Paradiso 3 Sobha City Thanisandra Main Road, Bangalore, Karnataka, India – 560064
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Happsales Private Limited, buy the company report.
Comprehensive company report
Happsales 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
Happsales operates one associated brand: HappSales. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-driven CRM platform for B2B sales automation and customer success. | happsales.com |
Business activity
The main business activity of Happsales is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Happsales Private Limited, buy the company report.
Financials of Happsales Private Limited
FY 2025 filings availableHappsales Private Limited reported revenue of ₹43.77 Lakh (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹43.77 Lakh ▼ 12%
Net loss · FY 2025
₹50.52 Lakh margin -115.4%
EBITDA · FY 2025
-₹50.19 Lakh margin -114.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 38%
5 years · compounded
▲ 73%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 20%
5 years · compounded
▼ 62%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 73%. EBITDA fell 11% 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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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹50.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹50.52 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | -114.7% | ||||
| Net Profit Margin | -115.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Happsales Private Limited, buy the company report.
Board of directors of Happsales Private Limited
Happsales has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nair Navin | Director | 15 Oct 2018 | 8 Years 0 Months | Current |
| Vijay Kumar Vettath | Director | 29 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Happsales Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manvish Etech Private Limited | ₹43.8 Lakh (FY 2019) | -78.0% | Bangalore, Karnataka, India | |||
| Augurai Private Limited | ₹43.79 Lakh (FY 2023) | Srirangam, Tamil Nadu, India | ||||
| Eureka Media Private Limited | ₹43.78 Lakh (FY 2017) | 417.0% | Chennai, Tamil Nadu, India | |||
| Noteg Technologies Private Limited | ₹43.78 Lakh (FY 2025) | 135.0% | Ghaziabad, Uttar Pradesh, India | |||
| Quflic Motion Pictures Private Limited | ₹43.77 Lakh (FY 2025) | 402.0% | Hyderabad, Telangana, India | |||
| Happsales Private Limitedthis company | ₹43.77 Lakh (FY 2025) | -₹50.52 Lakh | -115.4% | -12.0% | Bangalore, Karnataka, India | |
| Regenovate Technology Private Limited | ₹43.76 Lakh (FY 2022) | -86.0% | Ramanagara, Karnataka, India | |||
| H P Infosys Private Limited | ₹43.76 Lakh (FY 2025) | -30.0% | Vadodara, Gujarat, India | |||
| Perturb Solutions Private Limited | ₹43.75 Lakh (FY 2023) | Hyderabad, Telangana, India | ||||
| Quality Solutions for Information Technology Private Limited | ₹43.75 Lakh (FY 2020) | 19.0% | Bangalore, Karnataka, India | |||
| Intelifor Technologies Private Limited | ₹43.74 Lakh (FY 2020) | 1083.0% | Thane, Maharashtra, India |
To see the full peer comparison of Happsales Private Limited, buy the company report.
Auditor
Happsales Private Limited is audited by DURGA KRISHNAMURTHY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DURGA KRISHNAMURTHY & CO | FY 2020 | 008653S |
Shareholding
The shareholding of Happsales Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Happsales Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Happsales Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Happsales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Happsales has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH6855P1ZP | Karnataka | Active | 24 Dec 2018 |
To see the full GST registrations and return filing status of Happsales Private Limited, buy the company report.
Recent activity
Happsales Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Pallavi Navin ceased to be Director on 29 Mar 2021.
AGM
Happsales Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Happsales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Pallavi Navin ceased to be Director.
Appointed
Vijay Kumar Vettath was appointed as Director.
Appointed
Nair Navin was appointed as Director.
Incorporation
15 Oct 2018
Happsales Private Limited was registered on 15 Oct 2018 with Roc Bangalore & aged 8 years 28 days as per MCA records.
Frequently asked questions
Happsales is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 October 2018 (8+ years old) and is registered under CIN U72900KA2018PTC117613.
Happsales has 2 current directors:
- Nair Navin - Director
- Vijay Kumar Vettath - Director
The latest financial statements of Happsales 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 2019 are in the company report.
The GSTIN of Happsales is 29AAECH6855P1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Happsales is U72900KA2018PTC117613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happsales was incorporated on 15 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Happsales by revenue are Manvish Etech Private Limited, Augurai Private Limited, Eureka Media Private Limited, Noteg Technologies Private Limited, Quflic Motion Pictures Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Pallavi Navin ceased to be Director on 29 Mar 2021. Vijay Kumar Vettath was appointed as Director on 29 Mar 2021. Nair Navin was appointed as Director on 15 Oct 2018.
Yes, Happsales is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Happsales can be reached through the website happsales.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Happsales is at 3078 Casa Paradiso 3 Sobha City Thanisandra Main Road, Bangalore, Karnataka, India – 560064.
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