About Happylocate Relocation Services Private Limited
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Happylocate Relocation Services Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the moving and relocation services segment of the transport and logistics sector. It was incorporated on 11 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74990KA2016PTC092330. Its GSTIN is 29AADCH8513R1ZV (Karnataka). The company holds 16 GST registrations, all of them active.
The company has an authorised share capital of ₹33 Lakh and a paid-up capital of ₹1.66 Lakh. It is led by directors including Ajay Tiwari and Sainadh Duvvuru.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.59 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹85.29 Lakh (net margin -18.6%) and EBITDA of -₹70.03 Lakh (EBITDA margin -15.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 89% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HappyLocate. As per MCA filings, the company has open charges of ₹60 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 3 cases are pending. The company has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹9.66 Cr; the latest was in May 2022. Its 10 peer companies in the Transport and Logistics industry (Packers and Movers) are compared by revenue, 5 larger and 5 smaller; the largest is Hybrid Shifting Solutions India Private Limited with revenue of ₹4.94 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website happylocate.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressHustle Space Co Work No 1 Ayana Tree, Dasarahalli Main Road, Bangalore, Karnataka, India – 560024
- IndustryTransport and Logistics, Moving & Relocation Services
- 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 Happylocate Relocation Services Private Limited
The main business activity of Happylocate Relocation Services is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | 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 Happylocate Relocation Services Private Limited FY 2024 filings available
Happylocate Relocation Services Private Limited reported revenue of ₹4.59 Cr (down 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Happylocate Relocation Services Private Limited
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 89%. EBITDA rose 88% 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 Happylocate Relocation Services Private Limited
| 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 | -₹70.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹85.29 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 Happylocate Relocation Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -18.6% | •••• | •••• | •••• | •••• |
| 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 Happylocate Relocation Services are in the company report.
Financial statements from FY 2017
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 Happylocate Relocation Services Private Limited
Happylocate Relocation Services Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Packers and Movers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hybrid Shifting Solutions India Private Limited | ₹4.94 Cr (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Kerala Parcel Service Private Limited | ₹4.9 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Defense Packers and Movers Private Limited | ₹4.67 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Jodhpur, Rajasthan, India |
| North West Packers and Movers Private Limited | ₹4.61 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Shift Freight Solutions and Technology Private Limited | ₹4.6 Cr (FY 2022) | •••• | •••• | 25.0% | •••• | Noida, Uttar Pradesh, India |
| Happylocate Relocation Services Private Limited this company | ₹4.59 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Bangalore, Karnataka, India |
| Agarwal Car Transport Private Limited | ₹4.58 Cr (FY 2019) | •••• | •••• | 80.0% | •••• | Mumbai, Maharashtra, India |
| Leo Packers and Movers India Private Limited | ₹4.52 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Secunderabad, Telangana, India |
| CPMC Relocation & Logistics Private Limited | ₹4.49 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Kolkata, West Bengal, India |
| Genx Relocators and Enterprises Priavate Limited | ₹4.46 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| Caprelo Mobility Services India Private Limited | ₹4.45 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Happylocate Relocation Services by revenue in the Transport and Logistics industry (Packers and Movers), 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 Happylocate Relocation Services Private Limited
Happylocate Relocation Services Private Limited is audited by MUKUNDA SHIVA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUKUNDA SHIVA & 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 Happylocate Relocation Services Private Limited
Happylocate Relocation Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Tiwari | Director | 11 Apr 2016 | 10 Years 5 Months | Current |
| Sainadh Duvvuru | Director | 25 Jan 2017 | 9 Years 8 Months | Current |
| Robert Murphy | Additional Director | 13 Mar 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Happylocate Relocation Services 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 Happylocate Relocation Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Lakh | Open |
| 26 Nov 2021 | Others | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Deals & Funding of Happylocate Relocation Services Private Limited
Happylocate Relocation Services Private Limited has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹9.66 Cr; the latest was in May 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Funding round | ₹4.51 Cr | Investors: Inflection Point Ventures, RMZ Management LLP , 2 individuals |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Inflection Point Ventures |
| Oct 2020 | Funding round | ₹1 Cr | Investors: VM Ventures |
| Sep 2020 | Funding round | ₹19 Lakh | Investors: 2 individuals |
| Aug 2019 | Funding round | ₹24 Lakh | Investors: RMZ Management LLP |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Happylocate Relocation Services Private Limited
Happylocate Relocation Services Private Limited has 3 court cases on record: 1 filed by Happylocate Relocation Services, 2 filed against it. All cases are pending. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kanpur Nagar, Uttar Pradesh | Criminal case | Filed against the company by an individual | Pending |
| Allahabad High Court | Court case (A482) | Filed by the company against State of U.P. and 2 others | Pending |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Happylocate Relocation Services Private Limited
Happylocate Relocation Services operates one associated brand: HappyLocate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Relocation services for households, pets, and corporations are provided. | happylocate.com |
Employees and EPFO Compliance at Happylocate Relocation Services Private Limited
Happylocate Relocation Services Private Limited has a workforce of 12 employees as of Apr 08, 2024.
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.
News related to Happylocate Relocation Services Private Limited
Recent Activity on Happylocate Relocation Services Private Limited
Happylocate Relocation Services Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Robert Murphy was appointed as Additional Director on 13 Mar 2025.
Credit Ratings, Litigation & Regulatory Alerts for Happylocate Relocation Services 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 Happylocate Relocation Services 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 Happylocate Relocation Services 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 Happylocate Relocation Services Private Limited
Happylocate Relocation Services has 16 GST registrations: 16 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH8513R1ZV | Karnataka | Active | 01 Jul 2017 |
| 29AADCH8513R1C6 | Karnataka | Active | 03 Mar 2022 |
| 32AADCH8513R1CJ | Kerala | Active | 15 Mar 2022 |
| 33AADCH8513R1CH | Tamil Nadu | Active | 15 Mar 2022 |
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 Happylocate Relocation Services 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 Happylocate Relocation Services Private Limited
Happylocate Relocation Services is an active private limited company based in Bangalore, Karnataka, India. The company works in moving and relocation services, within the transport and logistics industry. It was incorporated on 11 April 2016 (10+ years old) and is registered under CIN U74990KA2016PTC092330.
Happylocate Relocation Services reported revenue of ₹4.59 Cr for FY 2024 (down 32% YoY).
Happylocate Relocation Services has 3 current directors:
- Ajay Tiwari - Director
- Sainadh Duvvuru - Director
- Robert Murphy - Additional Director
Happylocate Relocation Services reported a net loss of ₹85.29 Lakh (net margin -18.6%) and EBITDA of -₹70.03 Lakh (EBITDA margin -15.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Happylocate Relocation Services is 20% over three years and 89% over five years. In the latest year (FY 2024) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Happylocate Relocation Services is 29AADCH8513R1ZV, registered in Karnataka. The company has 16 GST registrations in all, of which 16 are active. Other active GSTINs include 29AADCH8513R1C6 (Karnataka), 32AADCH8513R1CJ (Kerala), 33AADCH8513R1CH (Tamil Nadu).
The CIN (Corporate Identification Number) of Happylocate Relocation Services is U74990KA2016PTC092330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happylocate Relocation Services has 3 court cases on record: 1 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Happylocate Relocation Services was incorporated on 11 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Happylocate Relocation Services has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹9.66 Cr; the latest was in May 2022.
The peers of Happylocate Relocation Services by revenue are Hybrid Shifting Solutions India Private Limited, Kerala Parcel Service Private Limited, Defense Packers and Movers Private Limited, North West Packers and Movers Private Limited, Shift Freight Solutions and Technology Private Limited and 5 more, all in the Transport and Logistics industry (Packers and Movers).