Happyfest Solutions Private Limited

Happyfest Solutions Private Limited - trading in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2016PTC098868 Incorporated 29 December 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company trading MSME · Micro
Data last updated
Revenue · FY 2024
₹2.92 Cr
▲ 25% YoY
Net profit · FY 2024
₹13.67 Lakh
Net margin 4.7%
EBITDA · FY 2024
₹20.25 Lakh
EBITDA margin 6.9%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Happyfest Solutions Private Limited

Data last updated:

Happyfest Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 29 December 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC098868. Its GSTIN is 29AABCW9684N1Z8 (Karnataka).

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Wallplays Private Limited and Wallflavors Private Limited. It is led by directors Kavita Merwade Dharmraj and Vivek Dharmaraj Merwade.

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 No. 13 6th Cross Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.92 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹13.67 Lakh (net margin 4.7%) and EBITDA of ₹20.25 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 17% over five years.

Happyfest Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0061059). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999KA2016PTC098868
Registration Number 098868
Incorporation Date 29 December 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0061059

Name history

Happyfest Solutions has undergone 4 name changes throughout its history. The current legal name is Happyfest Solutions Private Limited.

Company NameStatus
Happyfest Solutions Private LimitedCurrent
Wallplays Private LimitedPrevious
Wallflavors Private LimitedPrevious
Wallplays Wallpaper Private LimitedPrevious
Wallsplay Private LimitedPrevious

Recognitions & Rankings of Happyfest Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0061059

Contact details

Happyfest Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 13 6th Cross Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003
  • Industry
    Trading, Other Wholesale, Wholesale

To see the full contact details of Happyfest Solutions Private Limited, buy the company report.

Comprehensive company report
Happyfest Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Happyfest Solutions is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Happyfest Solutions Private Limited, buy the company report.

Financials of Happyfest Solutions Private Limited

FY 2025 filings available

Happyfest Solutions Private Limited reported revenue of ₹2.92 Cr (up 25% YoY) for FY 2024.

Revenue · FY 2024
₹2.92 Cr ▲ 25%
Net profit · FY 2024
₹13.67 Lakh margin 4.7%
EBITDA · FY 2024
₹20.25 Lakh margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 41%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 338%
3 years · compounded
▲ 76%
5 years · compounded
▲ 40%

Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 25% growth in the latest year. EBITDA rose 338% 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₹20.25 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.67 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.9%
Net Profit Margin4.7%
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 Happyfest Solutions Private Limited, buy the company report.

Board of directors of Happyfest Solutions Private Limited

Happyfest Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kavita Merwade DharmrajDirector29 Dec 20169 Years 9 MonthsCurrent
Vivek Dharmaraj MerwadeDirector29 Dec 20169 Years 9 MonthsCurrent

Peer comparison

Happyfest Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Saha Coloured & Flavour Spirit Manufacturer Private Limited₹2.92 Cr (FY 2019)-13.0%Bangalore, Karnataka, India
Venki Global Foods Private Limited₹2.92 Cr (FY 2024)212.0%Hyderabad, Telangana, India
Isha Power Projects Private Limited₹2.92 Cr (FY 2025)0.0%Begusarai, Bihar, India
Rostrumed Biotech Private Limited₹2.92 Cr (FY 2025)27.0%New Delhi, Delhi, India
Icon Medisciences Private Limited₹2.92 Cr (FY 2024)22.0%Nagpur, Maharashtra, India
Happyfest Solutions Private Limitedthis company₹2.92 Cr (FY 2024)₹13.67 Lakh4.7%25.0%Bangalore, Karnataka, India
Hriday Stainless Private Limited₹2.92 Cr (FY 2025)1918.0%Ahmedabad, Gujarat, India
Karni Finechem Private Limited₹2.92 Cr (FY 2025)22.0%Pune, Maharashtra, India
Weltek Pumps Pvt Ltd₹2.92 Cr (FY 2025)-35.0%Kolkata, West Bengal, India
BMJR Agro Private Limited₹2.92 Cr (FY 2024)5.0%Ahmednagar, Maharashtra, India
Ils Ventures Private Limited₹2.91 Cr (FY 2025)-86.0%Indore, Madhya Pradesh, India

To see the full peer comparison of Happyfest Solutions Private Limited, buy the company report.

Auditor

Happyfest Solutions Private Limited is audited by KIRAN BHOOTE & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
KIRAN BHOOTE & ASSOCIATESFY 2017011692S

Shareholding

The shareholding of Happyfest Solutions Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Happyfest Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Happyfest Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Happyfest Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCW9684N1Z8KarnatakaActive17 Aug 2017

To see the full GST registrations and return filing status of Happyfest Solutions Private Limited, buy the company report.

Recent activity

Happyfest Solutions Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Sachin Belamkar Ganeshrao ceased to be Director on 05 Mar 2020.

AGM
Happyfest Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Happyfest Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Sachin Belamkar Ganeshrao ceased to be Director.
Ceased
Vishal Shivshankar Sirur ceased to be Director.
Ceased
Vinay Miskin ceased to be Director.
Ceased
Praveen Mohansa Merwade ceased to be Director.
Ceased
Sneha Suresh Rao Lokre ceased to be Director.
Ceased
Shrinathsingh Pulanekar ceased to be Director.
Appointed
Kavita Merwade Dharmraj was appointed as Director.
Appointed
Vivek Dharmaraj Merwade was appointed as Director.
Incorporation
29 Dec 2016
Happyfest Solutions Private Limited was registered on 29 Dec 2016 with Roc Bangalore & aged 9 years 9 months as per MCA records.

Frequently asked questions

Happyfest Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in other wholesale, within the trading industry. It was incorporated on 29 December 2016 (10+ years old) and is registered under CIN U74999KA2016PTC098868.

Happyfest Solutions has 2 current directors:

The latest financial statements of Happyfest Solutions 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 2017 are in the company report.

The GSTIN of Happyfest Solutions is 29AABCW9684N1Z8, registered in Karnataka.

The CIN (Corporate Identification Number) of Happyfest Solutions is U74999KA2016PTC098868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Happyfest Solutions was incorporated on 29 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Happyfest Solutions by revenue are Saha Coloured & Flavour Spirit Manufacturer Private Limited, Venki Global Foods Private Limited, Isha Power Projects Private Limited, Rostrumed Biotech Private Limited, Icon Medisciences Private Limited and 5 more, all in the same principal business activity (wholesale trading).

Sachin Belamkar Ganeshrao ceased to be Director on 05 Mar 2020. Vishal Shivshankar Sirur ceased to be Director on 05 Mar 2020. Vinay Miskin ceased to be Director on 15 Feb 2019. Happyfest Solutions has 8 board changes on record in total.

Yes, Happyfest Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0061059).

The registered office of Happyfest Solutions is at No. 13 6th Cross Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003.

Happyfest Solutions operates in the trading industry, in the other wholesale segment.