Indian Company Master Data Made Simple

Happiest Minds Technologies Limited

Profile data last updated: 21/12/2024

Established on 30 Mar 2011, Happiest Minds Technologies Limited boasts 14 years of operation. It is registered under CIN L72900KA2011PLC057931 and registration number 57931. It belongs to the classification of company limited by shares as per MCA records. The declared authorized capital is ₹58.90 crore. Happiest Minds Technologies Limited reports paid-up capital of ₹29.87 crore.

The firm focuses on other computer related activities [for example maintenance of websites of other firms/ creation of multimedia presentations for other firms etc.]. Registered under the jurisdiction of Bangalore. The official address of incorporation is #53/1-4, Hosur Main Road, Madivala (next To Madivala Police Statio, N), Bangalore, Bangalore, Karnataka, India, 560068. Its current corporate status is active. According to official records, the company’s PAN is AACCH6301G. The company has been issued the Legal Entity Identifier code 335800CFVR5OM5M7Y410. Happiest Minds Technologies Limited can be contacted at [email protected]. The company is led by Venkatraman Narayanan (CFO).

Company Overview

CIN
L72900KA2011PLC057931
Date of Incorporation
30/03/2011
Company Status
Active
RoC
Bangalore
Registration Number
057931
Balance sheet date
31/03/2024
Company Category
Company limited by shares
Company Sub Category
Non-government company
Listed in Stock Exchange
Yes
Class of Company
Public Limited Company
LEI Number
335800CFVR5OM5M7Y410
Authorized Capital
₹58,90,00,000.00
Paid up Capital
₹29,87,08,852.00
Activity
Other computer related activities [for example maintenance of websites of other firms/ creation of multimedia presentations for other firms etc.]
PAN
AACCH6301G

Balance Sheet

Metric31/03/202531/03/202431/03/202331/03/202231/03/2021
Total Non Current Liabilities Net Minority Interest₹57,658.00L₹20,057.00L₹22,561.00L₹9,460.00L₹0.00L
Total Liabilities Net Minority Interest₹1,78,448.00L₹76,755.00L₹80,201.00L₹45,921.00L₹0.00L
Accumulated Depreciation-₹1,834.00L-₹1,105.00L-₹626.00L-₹427.00L₹0.00L
Tangible Book Value₹57,380.00L₹1,26,184.00L₹59,706.00L₹56,253.00L₹0.00L
Long Term Debt₹33,537.00L₹10,445.00L₹11,278.00L₹1,724.00L₹0.00L
Goodwill₹76,230.00L₹14,032.00L₹13,913.00L₹7,896.00L₹0.00L
Long Term Provisions₹5,940.00L₹3,338.00L₹0.00L₹0.00L₹1,653.00L
Current Debt And Capital Lease Obligation₹85,811.00L₹36,204.00L₹37,336.00L₹19,132.00L₹0.00L
Total Assets₹3,35,906.00L₹2,24,779.00L₹1,64,083.00L₹1,12,501.00L₹0.00L
Machinery Furniture Equipment₹5,107.00L₹3,193.00L₹2,709.00L₹2,018.00L₹0.00L
Total Equity Gross Minority Interest₹1,57,458.00L₹1,48,024.00L₹83,882.00L₹66,580.00L₹0.00L
Gross PPE₹22,887.00L₹20,590.00L₹19,875.00L₹5,895.00L₹0.00L
Total Capitalization₹1,90,995.00L₹1,58,469.00L₹95,160.00L₹68,304.00L₹0.00L
Common Stock₹3,001.00L₹2,987.00L₹2,866.00L₹2,854.00L₹0.00L
Total Debt₹1,24,358.00L₹51,219.00L₹53,375.00L₹24,975.00L₹0.00L
Goodwill And Other Intangible Assets₹1,00,078.00L₹21,840.00L₹24,176.00L₹10,327.00L₹0.00L
Derivative Product Liabilities₹613.00L₹401.00L₹704.00L₹0.00L₹0.00L
Other Equity Interest₹68.00L₹163.00L₹266.00L₹385.00L₹0.00L
Capital Stock₹3,001.00L₹2,987.00L₹2,866.00L₹2,854.00L₹0.00L
Additional Paid In Capital₹90,582.00L₹90,318.00L₹41,556.00L₹41,205.00L₹0.00L
Total Non Current Assets₹1,35,811.00L₹47,002.00L₹56,785.00L₹19,762.00L₹0.00L
Cash Cash Equivalents And Short Term Investments₹66,589.00L₹1,22,728.00L₹53,174.00L₹62,221.00L₹0.00L
Invested Capital₹2,73,548.00L₹1,92,261.00L₹1,30,637.00L₹85,644.00L₹0.00L
Net Tangible Assets₹57,380.00L₹1,26,184.00L₹59,706.00L₹56,253.00L₹0.00L
Prepaid Assets₹4,256.00L₹3,345.00L₹3,044.00L₹1,847.00L₹0.00L
Cash And Cash Equivalents₹11,912.00L₹11,470.00L₹6,999.00L₹6,729.00L₹0.00L
Stockholders Equity₹1,57,458.00L₹1,48,024.00L₹83,882.00L₹66,580.00L₹0.00L
Hedging Assets Current₹499.00L₹430.00L₹529.00L₹249.00L₹0.00L
Other Short Term Investments₹54,677.00L₹1,11,258.00L₹46,175.00L₹55,492.00L₹0.00L
Share Issued₹1,522.75L₹1,522.75L₹1,468.64L₹1,468.64L₹0.00L
Current Assets₹2,00,095.00L₹1,77,777.00L₹1,07,298.00L₹92,739.00L₹0.00L
Working Capital₹79,305.00L₹1,21,079.00L₹49,658.00L₹56,278.00L₹0.00L
Net Debt₹1,04,178.00L₹32,767.00L₹39,756.00L₹12,335.00L₹0.00L
Ordinary Shares Number₹1,500.47L₹1,493.54L₹1,431.89L₹1,426.09L₹0.00L
Current Debt₹82,553.00L₹33,792.00L₹35,477.00L₹17,340.00L₹0.00L
Long Term Debt And Capital Lease Obligation₹38,547.00L₹15,015.00L₹16,039.00L₹5,843.00L₹0.00L
Current Liabilities₹1,20,790.00L₹56,698.00L₹57,640.00L₹36,461.00L₹0.00L
Net PPE₹21,053.00L₹19,485.00L₹19,249.00L₹5,468.00L₹0.00L
Retained Earnings₹64,487.00L₹55,042.00L₹39,064.00L₹21,773.00L₹0.00L
Construction In Progress₹0.00L₹9.00L₹185.00L₹0.00L₹0.00L
Other Non Current Assets₹2.00L₹32.00L₹119.00L₹1.00L₹0.00L
Common Stock Equity₹1,57,458.00L₹1,48,024.00L₹83,882.00L₹66,580.00L₹0.00L
Other Intangible Assets₹23,848.00L₹7,808.00L₹10,263.00L₹2,431.00L₹0.00L
Other Properties₹21,054.00L₹19,476.00L₹19,064.00L₹5,468.00L₹0.00L

Cash Flow

Metric31/03/202531/03/202431/03/202331/03/202231/03/2021
Changes In Cash-₹2,629.00L₹10,962.00L-₹7,178.00L-₹1,874.00L₹0.00L
Financing Cash Flow₹49,945.00L₹36,347.00L₹7,207.00L-₹9,078.00L₹0.00L
Net Income₹18,466.00L₹24,839.00L₹23,099.00L₹18,120.00L₹0.00L
Free Cash Flow₹22,525.00L₹20,226.00L₹6,776.00L₹16,399.00L₹0.00L
Investing Cash Flow-₹76,216.00L-₹46,641.00L-₹35,102.00L-₹9,608.00L₹0.00L
End Cash Position₹11,912.00L₹10,897.00L-₹120.00L₹6,729.00L₹0.00L
Other Cash Adjustment Outside Changein Cash₹3,052.00L-₹7,119.00L₹6.00L₹0.00L₹1,298.00L
Capital Expenditure-₹1,117.00L-₹1,030.00L-₹13,941.00L-₹413.00L₹0.00L
Beginning Cash Position₹11,470.00L₹6,999.00L₹6,729.00L₹8,583.00L₹0.00L
Issuance Of Capital Stock₹185.00L₹48,737.00L₹147.00L₹171.00L₹0.00L
Operating Cash Flow₹23,642.00L₹21,256.00L₹20,717.00L₹16,812.00L₹0.00L

Income Statement

Metric31/03/202531/03/202431/03/202331/03/202231/03/2021
Rent Expense Supplemental₹631.00L₹549.00L₹349.00L₹284.00L₹0.00L
Income Tax Expense₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Total Operating Expenses₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Net Income From Continuing Operation Net Minority Interest₹18,466.00L₹24,839.00L₹23,099.00L₹18,120.00L₹0.00L
Basic EPS₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
EBITDA₹44,365.00L₹43,524.00L₹37,363.00L₹28,703.00L₹0.00L
Total Expenses₹1,79,511.00L₹1,34,709.00L₹1,11,233.00L₹86,697.00L₹0.00L
Operating Revenue₹2,06,085.00L₹1,62,466.00L₹1,42,929.00L₹1,09,365.00L₹0.00L
Total Unusual Items₹44.00L₹1,419.00L₹239.00L₹1,480.00L₹0.00L
Ebit₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Tax Effect Of Unusual Items₹12.19L₹365.86L₹60.83L₹389.19L₹0.00L
Total Unusual Items Excluding Goodwill₹44.00L₹1,419.00L₹239.00L₹1,480.00L₹0.00L
Interest Income Non Operating₹8,975.00L₹7,958.00L₹2,610.00L₹636.00L₹0.00L
Interest Expense Non Operating₹9,949.00L₹4,227.00L₹2,186.00L₹830.00L₹0.00L
Interest Income₹8,975.00L₹7,958.00L₹2,610.00L₹636.00L₹0.00L
General And Administrative Expense₹3,005.00L₹1,588.00L₹1,076.00L₹960.00L₹0.00L
Net Income From Continuing And Discontinued Operation₹18,466.00L₹24,839.00L₹23,099.00L₹18,120.00L₹0.00L
Reconciled Depreciation₹8,870.00L₹5,829.00L₹4,191.00L₹3,288.00L₹0.00L
Net Income Continuous Operations₹18,466.00L₹24,839.00L₹23,099.00L₹18,120.00L₹0.00L
Reconciled Cost Of Revenue₹1,30,134.00L₹96,658.00L₹77,216.00L₹58,343.00L₹0.00L
Operating Income₹26,574.00L₹27,757.00L₹31,696.00L₹22,668.00L₹0.00L
Net Income₹18,466.00L₹24,839.00L₹23,099.00L₹18,120.00L₹0.00L
Diluted Average Shares₹1,505.69L₹1,484.70L₹1,442.60L₹1,444.11L₹0.00L
Selling And Marketing Expense₹1,018.00L₹873.00L₹655.00L₹282.00L₹0.00L
Normalized Income₹18,434.19L₹23,785.86L₹22,920.83L₹17,029.19L₹0.00L
Net Non Operating Interest Income Expense-₹974.00L₹3,731.00L₹424.00L-₹359.00L₹0.00L
Gross Profit₹75,951.00L₹65,808.00L₹65,713.00L₹51,022.00L₹0.00L
EBIT₹35,495.00L₹37,695.00L₹33,172.00L₹25,415.00L₹0.00L
Cost Of Revenue₹1,30,134.00L₹96,658.00L₹77,216.00L₹58,343.00L₹0.00L
Diluted NIAvailto Com Stockholders₹18,466.00L₹24,839.00L₹23,099.00L₹18,120.00L₹0.00L
Net Interest Income-₹974.00L₹3,731.00L₹424.00L-₹359.00L₹0.00L
Normalized EBITDA₹44,321.00L₹42,105.00L₹37,124.00L₹27,223.00L₹0.00L
Operating Expense₹49,377.00L₹38,051.00L₹34,017.00L₹28,354.00L₹0.00L
Net Income Common Stockholders₹18,466.00L₹24,839.00L₹23,099.00L₹18,120.00L₹0.00L
Pretax Income₹25,546.00L₹33,468.00L₹30,986.00L₹24,585.00L₹0.00L
Tax Rate For Calcs₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Selling General And Administration₹4,023.00L₹2,461.00L₹1,731.00L₹1,242.00L₹0.00L
Total Revenue₹2,06,085.00L₹1,62,466.00L₹1,42,929.00L₹1,09,365.00L₹0.00L
Other Operating Expenses₹28,566.00L₹23,519.00L₹23,219.00L₹19,803.00L₹0.00L
Diluted EPS₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Interest Expense₹9,949.00L₹4,227.00L₹2,186.00L₹830.00L₹0.00L
Basic Average Shares₹1,505.69L₹1,484.59L₹1,431.81L₹1,411.65L₹0.00L
Tax Provision₹7,080.00L₹8,629.00L₹7,887.00L₹6,465.00L₹0.00L
Net Income Including Noncontrolling Interests₹18,466.00L₹24,839.00L₹23,099.00L₹18,120.00L₹0.00L
Otherunder Preferred Stock Dividend₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L

Directors

AppointmentDirector nameDINDesignation
01/04/2011Ashok Soota00145962Whole-time directorView other directorships
23/04/2015Venkatraman Narayanan*****2473CCFO
23/07/2015Praveen Kumar Darshankar*****6184MCompany Secretary
16/01/2018Venkatraman Narayanan01856347Managing DirectorView other directorships
04/06/2020Anita Ramachandran00118188DirectorView other directorships
04/06/2020Rajendra Kumar Srivastava07500741DirectorView other directorships
04/06/2020Shuba Rao Mayya08193276DirectorView other directorships
04/11/2020Joseph Vinod Kumar Anantharaju08859640Whole-time directorView other directorships
05/08/2024Rajiv Indravadan Shah06752608Whole-time directorView other directorships
05/08/2024Seshashayee Sampathiyengar Sridhara09247644DirectorView other directorships

Latest Documents

Category:
DateTitleSize
12/12/2024
Form Addendum to AOC-4 CSR-12122024_signed
-
07/11/2024
Form AOC-4(XBRL)-07112024-signed
-
26/08/2024
Form MGT-7-26082024_signed
-
26/08/2024
Form MGT-7-26082024
-
31/01/2024
Form Addendum to AOC-4 CSR-31012024_signed
-

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Address

#53/1-4, Hosur Main Road, Madivala (next To Madivala Police Statio, N), Bangalore, Bangalore, Karnataka, India, 560068

Frequently Asked Questions

What is the incorporation date of Happiest Minds Technologies Limited?
The incorporation date of Happiest Minds Technologies Limited is 30/03/2011.
What is the authorized share capital and paid-up capital of Happiest Minds Technologies Limited?
The authorized share capital of Happiest Minds Technologies Limited is ₹58,90,00,000.00. The paid-up capital is ₹29,87,08,852.00.
Who are the current board members & directors of Happiest Minds Technologies Limited?

The current board member of Happiest Minds Technologies Limited are:

  • Anita Ramachandran
  • Rajendra Kumar Srivastava
  • Venkatraman Narayanan
  • Joseph Vinod Kumar Anantharaju
  • Ashok Soota
  • Shuba Rao Mayya
  • Rajiv Indravadan Shah
  • Seshashayee Sampathiyengar Sridhara
What is the registered address of Happiest Minds Technologies Limited?
The registered address of Happiest Minds Technologies Limited is #53/1-4, Hosur Main Road, Madivala (next To Madivala Police Statio, N), Bangalore, Bangalore, Karnataka, India, 560068.
What is the Corporate Identification Number of Happiest Minds Technologies Limited?
The Corporate Identification Number of Happiest Minds Technologies Limited is L72900KA2011PLC057931.