Happiest Minds Technologies Profile
Key Indicators
- Authorised Capital ₹ 58.90 Cr
- Paid Up Capital ₹ 30.45 Cr
- Company Age 14 Year,
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 468.67 Cr
- Satisfied Charges ₹ 130.80 Cr
- Revenue Growth 26.48%
- Profit Growth 16.03%
- Ebitda 30.58%
- Net Worth 23.33%
- Total Assets 45.59%
About Happiest Minds Technologies
Happiest Minds Technologies Limited (HMTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 March 2011 and has a history of 14 years. Its registered office is in Bangaluru, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543227 and on the National Stock Exchange(NSE) under HAPPSTMNDS.
The Corporate was formerly known as Happiest Minds Technologies Private Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 58.90 Cr and a paid-up capital of Rs 30.45 Cr.
The company currently has active open charges totaling ₹468.67 Cr. The company has closed loans amounting to ₹130.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Happiest Minds Technologies Limited India are Venkatraman Narayanan as CFO and Praveen Darshankar as Company Secretary. Anita Ramachandran, Ashok Soota, Venkatraman Narayanan, and Five other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L72900KA2011PLC057931
- Company No.
057931
- Stock Symbol
BSE : 543227 NSE : HAPPSTMNDS
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Mar 2011
- Date of AGM
28 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Bangalore
Industry
Information Technology
What products or services does Happiest Minds Technologies Limited offer?
Happiest Minds Technologies Limited offers a wide range of products and services, including Risk Management Services, Data Entry & Data Processing Service, Data Management, Business Planning and Management, Business Consultant, Software Development & IT Consultant, IT Security Service.
Who are the key members and board of directors at Happiest Minds Technologies?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatraman Narayanan  | Managing Director | 16-Jan-2018 | Current |
| Praveen Darshankar | Company Secretary | 23-Jul-2015 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajendra Srivastava  | Director | 04-Jun-2020 | Current |
| Joseph Anantharaju | Whole-Time Director | 04-Nov-2020 | Current |
| Anita Ramachandran | Director | 04-Jun-2020 | Current |
| Ashok Soota | Whole-Time Director | 01-Apr-2011 | Current |
| Rajiv Shah | Whole-Time Director | 03-Sep-2024 | Current |
| Shubha Mayya | Director | 04-Jun-2020 | Current |
Financial Performance of Happiest Minds Technologies.
Happiest Minds Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.48% increase. The company also saw a substantial improvement in profitability, with a 16.03% increase in profit. The company's net worth Soared by an impressive increase of 23.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Happiest Minds Technologies?
In 2023, Happiest Minds Technologies had a promoter holding of 53.24% and a public holding of 46.76%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Happiest Health Systems Private LimitedAshok Soota is a mutual person
Godrej And Boyce Manufacturing Company LimitedAnita Ramachandran is a mutual person
Blue Star LimitedAnita Ramachandran is a mutual person
Ujjivan Small Finance Bank LimitedAnita Ramachandran is a mutual person
Ace Designers LimitedShubha Mayya is a mutual person
Cerebrus Consultants Private LimitedAnita Ramachandran is a mutual person
Charges (Loans)
Open Charges
₹468.67 Cr
Satisfied Charges
₹130.80 Cr
Charges Breakdown by Lending Institutions
- Others : 383.67 Cr
- Citi Bank N.A. : 60.00 Cr
- Axis Bank Limited : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2023 | Axis Bank Limited | ₹25.00 Cr | Open |
| 30 Jun 2023 | Citi Bank N.A. | ₹60.00 Cr | Open |
| 13 Jul 2022 | Others | ₹171.00 Cr | Open |
| 10 Feb 2021 | Others | ₹7.67 Cr | Open |
| 02 Feb 2021 | Others | ₹50.00 Cr | Open |
How Many Employees Work at Happiest Minds Technologies?
Happiest Minds Technologies has a workforce of 4375 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Happiest Minds Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Happiest Minds Technologies's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Happiest Minds Technologies
Recent activity within the organization
- Director Appointment
Rajiv Indravadan Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Sep 2024 & has been associated with this company since 6 months 26 days .
- Director Appointment
Seshashayee Sampathiyengar Sridhara was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 6 months 26 days .
- Annual General Meeting
Happiest Minds Technologies Limited last Annual general meeting of members was held on 28 Jun 2024 as per latest MCA records.
- Charges
A charge registered on 25 Jan 2021 via Charge ID 100415229 with Others was fully satisfied on 02 May 2024.
- Balance Sheet
Happiest Minds Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Axis Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100795893 was registered on 25 Sep 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Happiest Minds Technologies Limited?
Happiest Minds Technologies Limited was incorporated on 30 Mar 2011.
What is authorized share capital and paid-up capital of Happiest Minds Technologies Limited?
The authorized share capital of Happiest Minds Technologies Limited is ₹ 58.90 Cr and paid-up capital is ₹ 30.45 Cr.
Who are the current board members & directors of Happiest Minds Technologies Limited?
Currently 10 directors are associated with Happiest Minds Technologies Limited.
- Anita Ramachandran
- Ashok Soota
- Venkatraman Narayanan
- Rajiv Indravadan Shah
- Rajendra Kumar Srivastava
- Shubha Rao Mayya
- Joseph Vinod Anantharaju
- Seshashayee Sampathiyengar Sridhara
- Venkatraman Narayanan
- Praveen Kumar Darshankar
What is the registered address of Happiest Minds Technologies Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Happiest Minds Technologies Limited is 53/1-4 Hosur Main Road, Madivala (Next To Police Statio N) India, Bangalore, Karnataka, 560068.
What is the corporate identification number (CIN) and company number of Happiest Minds Technologies Limited?
The corporate identification number (CIN) of Happiest Minds Technologies Limited is L72900KA2011PLC057931 and the company number is 057931 as per Ministry of Corporate Affairs (MCA).
Is Happiest Minds Technologies Limited registered with any stock exchange in India?
Yes, Happiest Minds Technologies Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HAPPSTMNDS.
What is the official website of Happiest Minds Technologies Limited?
The Official website of Happiest Minds Technologies Limited is https://www.happiestminds.com
What has been the recent revenue trend for Happiest Minds Technologies Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Happiest Minds Technologies Limited has risen by 26.48%.
How many employees does Happiest Minds Technologies Limited currently have?
As Per 2023 financial reports, 4375 employees are currently employed by Happiest Minds Technologies Limited.
What change has been observed in the net worth of Happiest Minds Technologies Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Happiest Minds Technologies Limited has experienced an upsurge of 23.33%.
What are the total open charges for Happiest Minds Technologies Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Happiest Minds Technologies Limited amount to ₹ 468.67 Cr.
When was the last Balance Sheet of Happiest Minds Technologies Limited filed with the ROC?
The most recent Balance Sheet for Happiest Minds Technologies Limited was filed with the ROC on 31 Mar 2024.
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