Happy Square Outsourcing Services Limited (HSOS), headquartered in Jabalpur, is a rapidly growing technology-driven consulting firm specializing in human resource outsourcing. Originally incorporated in 2017 as Splendid Academy Private Limited, the company's name evolved to its current identity in 2020, reflecting its focus on end-to-end HR solutions. Transitioning into a public limited company in August 2024, HSOS offers services including recruitment, payroll, onboarding, and flexible staffing. With over 4,225 personnel deployed and more than 500 clients across India as of July 2024, the company's HR database stands as a critical asset in the competitive outsourcing sector.
Since its inception, HSOS has expanded its operations from a single state to serving four states, with notable milestones such as securing ISO certification in 2021 and partnerships with top corporations like Tata and Reliance. Its portfolio has grown to include facility management services and robust in-house technology capabilities. In 2024, the company launched "Whiteforce+," an advanced Application Tracking System, alongside a self-developed ERP system for payroll management. HSOS has also built the "Happiest Resume" database, which boasts one million users and integration with 11 countries, offering more than 3,000 live job openings globally.
A key highlight in 2024 was the company securing a Rs 17 crore project with the Aeronautical Development Agency under India’s Ministry of Defence. This project underscores the firm's growing reputation and capabilities. As part of its expansion and capitalization efforts, HSOS is planning an IPO of 32 lakh equity shares at Rs 10 each through a fresh issue. The company’s diversified service portfolio, tech-driven solutions, and ambitious project pipeline signal significant growth potential and an attractive opportunity for investors.
