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HAPPIEST MINDS TECHNOLOGIES LIMITED

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Updated: 10 Sep 2025

Happiest Minds Technologies Pvt. Ltd. operates as a digital transformation, infrastructure, security, and product engineering services company for retail, consumer packaged goods, e-commerce, banking, insurance, hi-tech, engineering R&D, manufacturing, automotive, and travel/transportation/hospitality sectors.

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 , Karnataka. It's authorized share capital is INR 58.90 cr and the total paid-up capital is INR 30.45 cr.

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Subscription Plans
Industry and products
Computer Related Services
  • IT security, agile infrastructure, and managed services for network and security; Cyber Vigil, digital transformation, Web Technologies, network upgrade and migration, consulting, data management, migrate and manage hybrid cloud, managed infrastructure and security, product engineering, a cyber security solution platform; Identity Vigil, continuous
Company size
Auth Capital
₹ 58.9 Cr
Paidup Capital
₹ 30.5 Cr
Revenue
₹ 1500-1750 cr
# Key metrics of Happiest Minds Technologies Limited - All rupee values in INR crores. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 58.9 Cr | | | Paidup Capital | ₹ 30.5 Cr | | | Revenue | ₹ 1500-1750 cr | | | Total Revenue | Details available with Tofler Pro subscription | 16.92% | | EBITDA | Details available with Tofler Pro subscription | -9.96% | | Net Profit | Details available with Tofler Pro subscription | 13.57% | | Networth | Details available with Tofler Pro subscription | 78.42% | | Borrowings | Details available with Tofler Pro subscription | -7.17% | | Assets | Details available with Tofler Pro subscription | 40.06% | | Gross Margin | Details available with Tofler Pro subscription | 0.0 | | Operating Margin | Details available with Tofler Pro subscription | -4.46 | | Net Profit Margin | Details available with Tofler Pro subscription | -0.46 | | Return on Equity | Details available with Tofler Pro subscription | -9.53 | | ROCE | Details available with Tofler Pro subscription | -24.21 | | Debt to Equity | Details available with Tofler Pro subscription | -0.28 |
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
16.92%
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EBITDA
-9.96%
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Net Profit
13.57%
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Networth
78.42%
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Borrowings
-7.17%
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Assets
40.06%
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Gross Margin
-
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Operating Margin
-4.46
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Net Profit Margin
-0.46
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Return on Equity
-9.53
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ROCE
-24.21
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Debt to Equity
-0.28
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (4)
State Type Address

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People

Designation Name DIN/PAN Tenure
Whole-time Director Ashok Soota
Shareholder
00145962 15 years
Director Shuba Rao Mayya 08193276 5 years
Director Rajendra Kumar Srivastava 07500741 5 years
Director Anita Ramachandran 00118188 5 years
Whole-time Director Joseph Vinod Kumar Anantharaju
Shareholder
08859640 5 years
Managing Director Venkatraman Narayanan
Shareholder
01856347 8 years
Whole-Time Director Rajiv Indravadan Shah 06752608 1 years
Director Seshashayee Sampathiyengar Sridhara 09247644 1 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro
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Networth
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
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Total assets

Charges on assets

Bank wise
Charges
1

The Federal Bank Limited

No. of Loans: 2

Total Amount : 196.0 cr

2

HDFC Bank Limited

No. of Loans: 1

Total Amount : 87.0 cr

3

RBL Bank Limited

No. of Loans: 2

Total Amount : 82.7 cr

4

State Bank of India

No. of Loans: 1

Total Amount : 80.0 cr

5

CitiBank N.A.

No. of Loans: 1

Total Amount : 60.0 cr

6

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 55.0 cr

7

ICICI Bank Limited

No. of Loans: 1

Total Amount : 50.0 cr

8

Axis Bank Limited

No. of Loans: 1

Total Amount : 25.0 cr

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Charges

The Federal Bank Limited
HDFC Bank Limited
RBL Bank Limited
State Bank of India
Others

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
NYKAA FOUNDATION
Active
1.0 L 1 Maharashtra
GEOMETRIC LIMITED
Amalgamated
13.4 Cr 1
ADITYA BIRLA SUN LIFE AMC LIMITED
Active
144.3 Cr 1
ARAGEN LIFE SCIENCES LIMITED
Active
217.0 Cr 1 Telangana
CEREBRUS CONSULTANTS PRIVATE LIMITED
Active
10.3 L 1 Maharashtra
GRASIM INDUSTRIES LTD
Active
133.9 Cr 1 Madhya Pradesh
FSN E-COMMERCE VENTURES LIMITED
Active
286.1 Cr 2 Maharashtra
BLUE STAR LIMITED
Active
41.1 Cr 1 Maharashtra
ULTRATECH CEMENT LIMITED
Active
1,358.2 Cr 1 Maharashtra
GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED
Active
6.8 Cr 1 Maharashtra
ASHOK SOOTA MEDICAL RESEARCH LLP
Active
47.0 Cr 1 Karnataka
HAPPIEST HEALTH SYSTEMS PRIVATE LIMITED
Active
111.9 Cr 2 Karnataka
HAPPIEST BUSINESS SERVICES PRIVATE LIMITED
Active
1.2 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
PURESOFTWARE TECHNOLOGIES PRIVATE LIMITED
Active
3.4 Cr 1
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
44.3 Cr 1 Maharashtra
LE TRAVENUES TECHNOLOGY LIMITED
Active
37.5 Cr 1 Haryana
CONFIRM TICKET ONLINE SOLUTIONS PRIVATE LIMITED
Amalgamated
13.8 L 1
LE TRAVENUES TECHNOLOGY LIMITED
Active
39.0 Cr 1 Haryana
ACE MANUFACTURING SYSTEMS LIMITED
Amalgamated
76.4 L 1 Karnataka
ACE DESIGNERS LIMITED
Active
19.3 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 Karnataka 2010 ₹ 10.0 L

Tofler Score

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Risk

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Moderate Risk
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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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Registered Details

CIN

L72900KA2011PLC057931

PAN

AACCH6301G

Incorporation

2011, 14.5 years

Company Email

SUHAS.K@HAPPIESTMINDS.COM

Paid up Capital

₹ 30.5 Cr

Authorised Capital

₹ 58.9 Cr

AGM

Jul 2025

Type

Public
Others

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 Police Statio, n), Bangalore, Bangalore, Karnataka, India, 560068 - 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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