
Happy Paints Private Limited
About Happy Paints Private Limited
Data last updated:
Happy Paints Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the musical instrument segment of the musical instruments sector. It was incorporated on 01 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U24222UP1997PTC022544. Its GSTIN is 09AABCH3650B1Z0 (Uttar Pradesh).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Sarvesh Shukla and Gopal Shukla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 108/86P Road Kanpur, Uttar Pradesh, India – 208012.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.42 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹10,235 (net margin 0.5%) and EBITDA of ₹40,812 (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
As per MCA filings, the company has satisfied charges of ₹8.15 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Happy Paints Private Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address108/86P Road Kanpur, Uttar Pradesh, India – 208012
- IndustryMusical Instruments, Musical Instrument, Sports Goods, Jewellery, Manufacturing
To see the full contact details of Happy Paints 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
Business activity
The main business activity of Happy Paints is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Happy Paints Private Limited, buy the company report.
Financials of Happy Paints Private Limited
FY 2024 filings availableHappy Paints Private Limited reported revenue of ₹20.42 Lakh (down 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 33% fall in the latest year. EBITDA fell 21% 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 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 | ₹40,812 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10,235 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Happy Paints Private Limited, buy the company report.
Board of directors of Happy Paints Private Limited
Happy Paints has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarvesh Shukla | Director | 01 Sep 1997 | 29 Years 2 Months | Current |
| Gopal Shukla | Director | 01 Sep 1997 | 29 Years 2 Months | Current |
Auditor
Happy Paints Private Limited is audited by K D SHUKLA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K D SHUKLA & CO | FY 2017 | 005613C |
Shareholding
The shareholding of Happy Paints Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Happy Paints Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 1998 | 90274948 | Up Financial Corporation | ₹8.15 Lakh | Satisfied |
To see the full charge records of Happy Paints Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Happy Paints 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 Happy Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Happy Paints has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCH3650B1Z0 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Happy Paints Private Limited, buy the company report.
Recent activity
Happy Paints Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Gopal Shukla was appointed as Director on 01 Sep 1997.
Frequently asked questions
Happy Paints is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in musical instrument, within the musical instruments industry. It was incorporated on 01 September 1997 (29+ years old) and is registered under CIN U24222UP1997PTC022544.
Happy Paints has 2 current directors:
- Sarvesh Shukla - Director
- Gopal Shukla - Director
The latest financial statements of Happy Paints on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Happy Paints is 09AABCH3650B1Z0, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Happy Paints is U24222UP1997PTC022544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happy Paints was incorporated on 01 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Gopal Shukla was appointed as Director on 01 Sep 1997. Sarvesh Shukla was appointed as Director on 01 Sep 1997.
The registered office of Happy Paints is at 10886P Road Kanpur, Uttar Pradesh, India – 208012.
Happy Paints operates in the musical instruments industry, in the musical instrument segment.
Happy Paints has no open charges and satisfied charges of ₹8.15 Lakh as per latest MCA filings.

