About Happy India Solution Private Limited
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Happy India Solution Private Limited is a private limited company based in Nalasopara, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 05 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC259120.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Babu Balaiya Valmiki and Vikas Shivshankar Singh.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Flat No B/303 Shreeji Arcade Samel Pada Near Little Flower Umarale, Nalasopara, Maharashtra, India – 401203.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.1 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹6 Lakh (net margin -1.9%) and EBITDA of -₹2.71 Lakh (EBITDA margin -0.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website happyindiagroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No B/303 Shreeji Arcade Samel Pada Near Little Flower Umarale, Nalasopara, Maharashtra, India – 401203
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of Happy India Solution Private Limited
The main business activity of Happy India Solution 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 |
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 Happy India Solution Private Limited FY 2018 filings available
Happy India Solution Private Limited reported revenue of ₹3.1 Cr (down 62% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Happy India Solution Private Limited
Revenue fell 62% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 191% 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 Happy India Solution Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.1 Cr | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.71 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6 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 Happy India Solution Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.9% | •••• | •••• | •••• |
| Net Profit Margin | -1.9% | •••• | •••• | •••• |
| 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 Happy India Solution are in the company report.
Financial statements from 2015
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.
Peer Comparison of Happy India Solution Private Limited
Happy India Solution Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Consulting Services, Mobile VAS). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RSKT Management Services Private Limited | ₹3.1 Cr (FY 2020) | •••• | •••• | 258554.0% | •••• | New Delhi, Delhi, India |
| Globe Agritech Private Limited | ₹3.1 Cr (FY 2024) | •••• | •••• | -70.0% | •••• | New Delhi, Delhi, India |
| Finmax Technologies (OPC) Private Limited | ₹3.1 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Srirangapatna, Karnataka, India |
| Sergusa Solutions Private Limited | ₹3.1 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| I2r Rail Infra Systems Private Limited | ₹3.1 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| Happy India Solution Private Limited this company | ₹3.1 Cr (FY 2018) | •••• | •••• | -62.0% | •••• | Nalasopara, Maharashtra, India |
| We3folks Consultants Private Limited | ₹3.1 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Hyderabad, Telangana, India |
| Linkceed Corporate Services Private Limited | ₹3.1 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Ramachandrapuram, Telangana, India |
| Udyogika Private Limited | ₹3.09 Cr (FY 2025) | •••• | •••• | -58.0% | •••• | New Delhi, Delhi, India |
| Versalis Pacific (India) Private Limited | ₹3.09 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Swarnali Advisors Private Limited | ₹3.09 Cr (FY 2024) | •••• | •••• | 59.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Happy India Solution by revenue in the Telecom industry (Consulting Services, Mobile VAS), 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 Happy India Solution Private Limited
Happy India Solution Private Limited is audited by BHAUWALA & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHAUWALA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Happy India Solution Private Limited
Happy India Solution has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babu Balaiya Valmiki | Director | 05 Nov 2014 | 11 Years 11 Months | Current |
| Vikas Shivshankar Singh | Director | 05 Nov 2014 | 11 Years 11 Months | Current |
| Sapan Chandra Bhan Singh | Director | 05 Nov 2014 | 11 Years 11 Months | Current |
Ownership and Shareholding of Happy India Solution Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Happy India Solution Private Limited
Happy India Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Happy India Solution Private Limited
Employment history and EPFO contributions of people linked to Happy India Solution.
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 Happy India Solution Private Limited
Happy India Solution Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Babu Balaiya Valmiki was appointed as Director on 05 Nov 2014.
Credit Ratings, Litigation & Regulatory Alerts for Happy India Solution Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Happy India Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Happy India Solution Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Happy India Solution Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Happy India Solution Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Happy India Solution Private Limited
Happy India Solution is an active private limited company based in Nalasopara, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 05 November 2014 (12+ years old) and is registered under CIN U74999MH2014PTC259120.
Happy India Solution reported revenue of ₹3.1 Cr for FY 2018 (down 62% YoY).
Happy India Solution has 3 current directors:
- Babu Balaiya Valmiki - Director
- Vikas Shivshankar Singh - Director
- Sapan Chandra Bhan Singh - Director
Happy India Solution reported a net loss of ₹6 Lakh (net margin -1.9%) and EBITDA of -₹2.71 Lakh (EBITDA margin -0.9%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Happy India Solution is 15% over three years. In the latest year (FY 2018) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Happy India Solution is U74999MH2014PTC259120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happy India Solution was incorporated on 05 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Happy India Solution by revenue are RSKT Management Services Private Limited, Globe Agritech Private Limited, Finmax Technologies (OPC) Private Limited, Sergusa Solutions Private Limited, I2r Rail Infra Systems Private Limited and 5 more, all in the Telecom industry (Consulting Services, Mobile VAS).
Babu Balaiya Valmiki was appointed as Director on 05 Nov 2014. Sapan Chandra Bhan Singh was appointed as Director on 05 Nov 2014. Vikas Shivshankar Singh was appointed as Director on 05 Nov 2014.
Happy India Solution can be reached through the website happyindiagroup.com. Its registered office is in Nalasopara, Maharashtra, India.
The registered office of Happy India Solution is at Flat No B303 Shreeji Arcade Samel Pada Near Little Flower Umarale, Nalasopara, Maharashtra, India – 401203.