Happy Castles Private Limited
About Happy Castles Private Limited
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Happy Castles Private Limited is a private limited company based in Tirupati, Andhra Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 April 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U55100AP1993PTC015629. Its GSTIN is 37AABCH3435J1ZL (Andhra Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Venkata Narendranath Reddy Maramreddy (Managing Director) and Surekha Maramreddy (Managing Director).
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Karkambadi Roadakkarampalli Tirupati, Andhra Pradesh, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.34 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹40.16 Lakh (net margin 9.3%) and EBITDA of ₹1.26 Cr (EBITDA margin 29.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.03 Cr and satisfied charges of ₹13.15 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Happy Castles Private Limited's registered office is in Tirupati, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKarkambadi Roadakkarampalli Tirupati, Andhra Pradesh, India
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Happy Castles 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
Financials of Happy Castles Private Limited
FY 2024 filings availableHappy Castles Private Limited reported revenue of ₹4.34 Cr (down 75% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 75% fall in the latest year. EBITDA fell 78% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.34 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.16 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.1% | ||||
| Net Profit Margin | 9.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Happy Castles Private Limited, buy the company report.
Board of directors of Happy Castles Private Limited
Happy Castles has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Narendranath Reddy Maramreddy Also directs: Grandville Clubs LLP, Grand Ville Constructions Private Limited, Marsan Constructions Private Limited and 2 more | Managing Director | 06 Dec 2004 | 21 Years 10 Months | Current |
| Surekha Maramreddy Also directs: Grand Ville Constructions Private Limited | Managing Director | 08 May 2013 | 13 Years 5 Months | Current |
Auditor
Happy Castles Private Limited is audited by SURYANARAYANA RAO & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURYANARAYANA RAO & CO. | FY 2023 | 027639 |
Shareholding
The shareholding of Happy Castles Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Happy Castles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2024 | 101041762 | Hdfc Bank Limited | ₹42.75 Lakh | Open | |
| 11 Nov 2021 | 100501304 | Hdfc Bank Limited | ₹1.08 Cr | Open | |
| 08 Nov 2018 | 100222234 | Indian Bank | ₹1.02 Cr | Open | |
| 18 Sep 2017 | 100126707 | Indian Bank | ₹2.5 Cr | Open | |
| 27 Feb 2012 | 10340641 | Andhra Pradesh State Financial Corporation | ₹6 Cr | Satisfied |
To see the full charge records of Happy Castles Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Happy Castles Private Limited has 5 court cases on record: 5 filed by Happy Castles. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against M/S. Lord Krishna Bank Ltd | Disposed |
| High Court | Writ petition | Filed by the company against M/S. Lord Krishna Bank Ltd | Disposed |
| District court, Medak, Telangana | Civil suit | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against The State of Andhra Pradesh, and 3 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Andhra Pradesh, and 3 others | Disposed |
To see the full case history of Happy Castles 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 Castles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Happy Castles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCH3435J1ZL | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Happy Castles Private Limited, buy the company report.
Recent activity
Happy Castles Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Surekha Maramreddy ceased to be Director on 01 Jan 2018.
8 earlier events are in the company report.
Frequently asked questions
Happy Castles is an active private limited company based in Tirupati, Andhra Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 April 1993 (33+ years old) and is registered under CIN U55100AP1993PTC015629.
Happy Castles has 2 current directors:
- Venkata Narendranath Reddy Maramreddy - Managing Director
- Surekha Maramreddy - Managing Director
The latest financial statements of Happy Castles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Happy Castles is 37AABCH3435J1ZL, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Happy Castles is U55100AP1993PTC015629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happy Castles has 5 court cases on record: 5 filed by the company. Most are in the high courts.
Happy Castles was incorporated on 15 April 1993, making it 33+ years old. It is registered with the Registrar of Companies, Vijayawada.
Surekha Maramreddy ceased to be Director on 01 Jan 2018. Venkata Narendranath Reddy Maramreddy ceased to be Director on 01 Jan 2018. Bommareddy Murali Mohan Reddy ceased to be Director on 08 May 2013. Happy Castles has 5 board changes on record in total.
The registered office of Happy Castles is at Karkambadi Roadakkarampalli Tirupati, Andhra Pradesh, India.
Happy Castles operates in the real estate and construction industry, in the real estate builders and developers segment.