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Happiest Minds Technologies Limited Location T. Score Charges People Network Registered Details
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HAPPIEST MINDS TECHNOLOGIES LIMITED

Active
Updated: 20 Oct 2024

Happiest Minds Technologies Limited, is an unlisted public company incorporated on 30 March, 2011. It is classified as a public limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 58.90 cr and the total paid-up capital is INR 30.45 cr.

Happiest Minds Technologies Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has increased by 30.58% over the previous year. At the same time, it's book networth has increased by 23.33%.

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Industry

Computer Related Services
Products
  • agile infrastructure, continuous, Web Technologies, IT security, and managed services for network and security; Cyber Vigil, product engineering, digital transformation, managed infrastructure and security, a cyber security solution platform; Identity Vigil, network upgrade and migration, migrate and manage hybrid cloud, consulting, data management
Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Sales
28.93%
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EBITDA
30.58%
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Net Profit
16.03%
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Networth
23.33%
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Borrowings
149.97%
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Assets
45.59%
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Gross Margin
-
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Operating Margin
0.3
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Net Profit Margin
-1.44
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Return on Equity
-1.64
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ROCE
7.12
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Debt to Equity
0.3
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Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (4)
State Type Address

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Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Networth
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ROE GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
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Balance Sheet

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
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Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
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Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
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Total liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Operating margin % GET PRO GET PRO GET PRO GET PRO GET PRO
Other income GET PRO GET PRO GET PRO GET PRO GET PRO
Interest GET PRO GET PRO GET PRO GET PRO GET PRO
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Exceptional items GET PRO GET PRO GET PRO GET PRO GET PRO
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Profit - disc. ops GET PRO GET PRO GET PRO GET PRO GET PRO
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Net margin % GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Liquidity +
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Performance
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Return +
Return on Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROCE GET PRO GET PRO GET PRO GET PRO GET PRO
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Pre-tax ROIC GET PRO GET PRO GET PRO GET PRO GET PRO
Efficiency +
Days Payable GET PRO GET PRO GET PRO GET PRO GET PRO
Days Inventory GET PRO GET PRO GET PRO GET PRO GET PRO
Days Receivable GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Total Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

The Federal Bank Limited

No. of Loans: 2

Total Amount : 196.0 cr

2

RBL Bank Limited

No. of Loans: 2

Total Amount : 82.7 cr

3

CitiBank N.A.

No. of Loans: 1

Total Amount : 60.0 cr

4

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 55.0 cr

5

ICICI Bank Limited

No. of Loans: 1

Total Amount : 50.0 cr

6

Axis Bank Limited

No. of Loans: 1

Total Amount : 25.0 cr

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Charges

The Federal Bank Limited
RBL Bank Limited
CitiBank N.A.
Kotak Mahindra Bank Limited
Others

People

Designation Name DIN/PAN Tenure
Director Anita Ramachandran 00118188 4 years
Director Ashok Soota
Shareholder
00145962 14 years
CFO Venkatraman Narayanan
Shareholder
<HIDDEN> 10 years
Managing Director Venkatraman Narayanan
Shareholder
01856347 7 years
CS Praveen Kumar Darshankar
Shareholder
<HIDDEN> 9 years
Director Rajiv Indravadan Shah 06752608 0 years
Director Rajendra Kumar Srivastava 07500741 4 years
Director Shuba Rao Mayya 08193276 4 years
Whole-time Director Joseph Vinod Kumar Anantharaju
Shareholder
08859640 4 years
Director Seshashayee Sampathiyengar Sridhara 09247644 0 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
CONNEXUS CONSULTANTS PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
CEREBRUS CONSULTANTS PRIVATE LIMITED
Active
11.2 L 1 Maharashtra
GEOMETRIC LIMITED
Amalgamated
13.4 Cr 1 Maharashtra
ADITYA BIRLA HOUSING FINANCE LIMITED
Active
573.0 Cr 1 Gujarat
ARAGEN LIFE SCIENCES LIMITED
Active
204.4 Cr 1 Telangana
UJJIVAN SMALL FINANCE BANK LIMITED
Active
1,934.2 Cr 1 Karnataka
GRASIM INDUSTRIES LTD
Active
132.8 Cr 1 Madhya Pradesh
BLUE STAR LIMITED
Active
41.1 Cr 1 Maharashtra
ULTRATECH CEMENT LIMITED
Active
1,288.7 Cr 1 Maharashtra
FSN E-COMMERCE VENTURES LIMITED
Active
285.8 Cr 2 Maharashtra
NYKAA FOUNDATION
Active
1.0 L 1 Maharashtra
GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED
Active
6.8 Cr 1 Maharashtra
METROPOLIS HEALTHCARE LIMITED
Active
10.3 Cr 1 Maharashtra
ASHOK SOOTA MEDICAL RESEARCH LLP
Active
47.0 Cr 1 Karnataka
HAPPIEST HEALTH SYSTEMS PRIVATE LIMITED
Active
91.8 Cr 1 Karnataka
SONATA TECHNOLOGY SOLUTIONS INDIA LIMITE D
Strike Off
5.0 L 1 Karnataka
GOVARDHAN TRADING COMPANY PVT LTD
Active
15.0 L 1 Kerala
AUREUSTECH SYSTEMS PRIVATE LIMITED
Active
10.0 L 1 Telangana
GROW DIGI INDIA LIMITED
Active
5.0 L 1 Delhi
LATTICED ADVISORS LLP
Active
3.0 L 1 Telangana
SOLARA ACTIVE PHARMA SCIENCES LIMITED
Active
40.2 Cr 1 Maharashtra
LE TRAVENUES TECHNOLOGY LIMITED
Active
37.5 Cr 1 Haryana
CONFIRM TICKET ONLINE SOLUTIONS PRIVATE LIMITED
Amalgamated
13.8 L 1 Haryana
ACE MANUFACTURING SYSTEMS LIMITED
Amalgamated
76.4 L 1 Karnataka
ACE DESIGNERS LIMITED
Active
18.4 Cr 1 Karnataka
STOVE KRAFT LIMITED
Active
33.1 Cr 1 Karnataka
FSN BRANDS MARKETING PRIVATE LIMITED
Active
102.0 Cr 1 Maharashtra
FSN INTERNATIONAL LIMITED
Active
45.1 Cr 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
Happiest Minds Inc United States - -
Sri Mookambika Infosolutions Private Limited India - -

Registered Details

CIN

L72900KA2011PLC057931

PAN

AACCH6301G

Incorporation

2011, 13.6 years

Company Email

legal@happiestminds.com

Paid up Capital

₹ 30.5 Cr

Authorised Capital

₹ 58.9 Cr

AGM

31 Jun 2024

Type

Public
Non-government Company

Last Balance Sheet Date
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Mar 2024 Updated on : 20 Oct 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - HAPPIEST MINDS TECHNOLOGIES LIMITED

What is the incorporation date of HAPPIEST MINDS TECHNOLOGIES LIMITED?

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The incorporation date of HAPPIEST MINDS TECHNOLOGIES LIMITED is 30 March, 2011

What is the authorized share capital of HAPPIEST MINDS TECHNOLOGIES LIMITED?

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The authorized share capital of HAPPIEST MINDS TECHNOLOGIES LIMITED is INR ₹ 58.9 Cr.

What is the paid-up capital of HAPPIEST MINDS TECHNOLOGIES LIMITED?

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The paid-up capital of HAPPIEST MINDS TECHNOLOGIES LIMITED is INR ₹ 30.5 Cr.

What is the registered address of HAPPIEST MINDS TECHNOLOGIES LIMITED?

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The registered address of HAPPIEST MINDS TECHNOLOGIES LIMITED is #53/1-4, Hosur Main Road, Madivala (Next to Madivala Polic e Statio n) NA Bangalore Bangalore Karnataka - 560068

What is the CIN number of HAPPIEST MINDS TECHNOLOGIES LIMITED?

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The CIN number of HAPPIEST MINDS TECHNOLOGIES LIMITED is L72900KA2011PLC057931.

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