Happy Paints Private Limited

Happy Paints Private Limited - musical instruments in Kanpur, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U24222UP1997PTC022544 Incorporated 01 September 1997 ROC Uttar Pradesh HQ Kanpur, Uttar Pradesh, India
Active Private Limited Company musical instruments
Data last updated
Revenue · FY 2024
₹20.42 Lakh
▼ 33% YoY
Net profit · FY 2024
₹10,235
Net margin 0.5%
EBITDA · FY 2024
₹40,812
EBITDA margin 2%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Satisfied charges
₹8.15 Lakh
No open charges
Company age
29 yrs
Est. 1997
Directors on board
2
As per MCA filings

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

CIN U24222UP1997PTC022544
Registration Number 022544
Incorporation Date 01 September 1997
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

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 Address
    108/86P Road Kanpur, Uttar Pradesh, India – 208012
  • Industry
    Musical Instruments, Musical Instrument, Sports Goods, Jewellery, Manufacturing

To see the full contact details of Happy Paints Private Limited, buy the company report.

Comprehensive company report
Happy Paints 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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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical 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 available

Happy Paints Private Limited reported revenue of ₹20.42 Lakh (down 33% YoY) for FY 2024.

Revenue · FY 2024
₹20.42 Lakh ▼ 33%
Net profit · FY 2024
₹10,235 margin 0.5%
EBITDA · FY 2024
₹40,812 margin 2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 9%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 1%
5 years · compounded
▲ 22%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2%
Net Profit Margin0.5%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sarvesh ShuklaDirector01 Sep 199729 Years 2 MonthsCurrent
Gopal ShuklaDirector01 Sep 199729 Years 2 MonthsCurrent

Auditor

Happy Paints Private Limited is audited by K D SHUKLA & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
K D SHUKLA & COFY 2017005613C

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 categoryFY 2017FY 2016FY 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

Open charges
None
Satisfied charges
₹8.15 Lakh
Breakdown by lending institutions
Up Financial Corporation₹0.08 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Jun 199890274948Up Financial Corporation₹8.15 LakhSatisfied

To see the full charge records of Happy Paints Private Limited, buy the company report.

Total charge records: 1 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AABCH3650B1Z0Uttar PradeshActive01 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.

AGM
Happy Paints Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Happy Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Uttar Pradesh I.
Charges
A charge registered on 22 Jun 1998 via Charge ID 90274948 with Up Financial Corporation was fully satisfied on 31 Aug 2007.
Charges
A charge with Up Financial Corporation amounted to Rs. 8.15 Lakh with Charge ID 90274948 was registered on 22 Jun 1998.
Appointed
Gopal Shukla was appointed as Director.
Appointed
Sarvesh Shukla was appointed as Director.
Incorporation
01 Sep 1997
Happy Paints Private Limited was registered on 01 Sep 1997 with Roc Uttar Pradesh I & aged 29 years 2 months as per MCA records.

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:

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.