DPIIT recognised startup Government of India
Startup India
500X Tech Labs Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹55.11 Lakh
Latest filing
Net profit · FY 2023
₹1,691
Net margin 0%
EBITDA · FY 2023
₹73,308
EBITDA margin 1.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
GST registrations
1
None active
About 500X Tech Labs Private Limited
Data last updated:
500X Tech Labs Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2022PTC381512. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sheell Sameer Desae and Bhairavi Shantanu Gursale.
Its last annual general meeting (AGM) was held on 30 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 143 Wework 247 Park 13th Floor Vikhroli Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹55.11 Lakh. For the same year it recorded a net profit of ₹1,691 (net margin 0%) and EBITDA of ₹73,308 (EBITDA margin 1.3%).
The company is associated with 1 brand: 500X.
500X Tech Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0196746). For more details, the company can be reached via its website 500x.tech.
Company details
CIN U72900MH2022PTC381512
Registration Number 381512
Incorporation Date 27 April 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0196746
Recognitions & Rankings of 500X Tech Labs
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-18-0196746
Contact details
500X Tech Labs Private Limited's registered office is in Mumbai, Maharashtra. Its website is 500x.tech. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressHd – 143 Wework 247 Park 13th Floor Vikhroli Corporate Park Hindustan C., Bus Stop Lal Bahadur Shastri Rd Gandhi Nagar Vikhroli West, Mumbai, Maharashtra, India – 400079
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of 500X Tech Labs Private Limited, buy the company report.
Comprehensive company report
500X Tech Labs Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of 500X Tech Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of 500X Tech Labs Private Limited, buy the company report.
Financials of 500X Tech Labs Private Limited
FY 2023 filings available500X Tech Labs Private Limited reported revenue of ₹55.11 Lakh for FY 2023.
Revenue · FY 2023
₹55.11 Lakh
Net profit · FY 2023
₹1,691 margin 0%
EBITDA · FY 2023
₹73,308 margin 1.3%
Financial Statement Summary
| Metrics | FY 2022-23 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹55.11 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹73,308 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1,691 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2022-23 |
|---|---|
| Profitability | |
| EBITDA Margin | 1.3% |
| Net Profit Margin | 0% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of 500X Tech Labs Private Limited, buy the company report.
Board of directors of 500X Tech Labs Private Limited
500X Tech Labs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheell Sameer Desae | Director | 27 Apr 2022 | 4 Years 5 Months | Current |
| Bhairavi Shantanu Gursale | Director | 31 Jul 2023 | 3 Years 2 Months | Current |
Peer comparison
500X Tech Labs Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Quad Law Tech Private Limited | ₹55.14 Lakh (FY 2024) | Gurugram, Haryana, India | ||||
| Worldwin Coder Private Limited | ₹55.14 Lakh (FY 2025) | 23.0% | Sasaram, Bihar, India | |||
| Neophilic Solutions (OPC) Private Limited | ₹55.11 Lakh (FY 2025) | 399.0% | Guwahati, Assam, India | |||
| Avishkar Contractors Private Limited | ₹55.11 Lakh (FY 2025) | 33.0% | Allahabad, Uttar Pradesh, India | |||
| 500X Tech Labs Private Limitedthis company | ₹55.11 Lakh (FY 2023) | ₹1,691 | 0% | Mumbai, Maharashtra, India | ||
| Toboc B2b Marketplace India Private Limited | ₹55.11 Lakh (FY 2021) | -79.0% | Bangalore, Karnataka, India | |||
| Teamfocus Human Capital Private Limited | ₹55.1 Lakh (FY 2024) | 6.0% | Bangalore, Karnataka, India | |||
| Sprazzo Entertainments Private Limited | ₹55.1 Lakh (FY 2024) | -77.0% | Thiruvananthapuram, Kerala, India | |||
| Prabhoota Technologies Private Limited | ₹55.07 Lakh (FY 2025) | 19.0% | Hyderabad, Telangana, India |
To see the full peer comparison of 500X Tech Labs Private Limited, buy the company report.
Auditor
500X Tech Labs Private Limited is audited by Tejas Sampat & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Tejas Sampat & Associates | FY 2023 | 127397 |
Shareholding
The shareholding of 500X Tech Labs Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of 500X Tech Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving 500X Tech Labs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for 500X Tech Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
500X Tech Labs Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
500X Tech Labs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of 500X Tech Labs Private Limited, buy the company report.
Recent activity
500X Tech Labs Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Bhairavi Shantanu Gursale ceased to be Additional Director on 29 Nov 2023.
AGM
500X Tech Labs Private Limited last Annual general meeting of members was held on 30 Nov 2023 as per latest MCA records.
Ceased
Bhairavi Shantanu Gursale ceased to be Additional Director.
Appointed
Bhairavi Shantanu Gursale was appointed as Director.
Ceased
Jitendra Jayantilal Rathod ceased to be Director.
Filing
500X Tech Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Appointed
Sheell Sameer Desae was appointed as Director.
Incorporation
27 Apr 2022
500X Tech Labs Private Limited was registered on 27 Apr 2022 with Roc Mumbai & aged 4 years 5 months as per MCA records.
Frequently asked questions
500X Tech Labs is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 April 2022 (4+ years old) and is registered under CIN U72900MH2022PTC381512.
500X Tech Labs has 2 current directors:
- Sheell Sameer Desae - Director
- Bhairavi Shantanu Gursale - Director
The latest financial statements of 500X Tech Labs on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 November 2023. Year-wise statements from FY 2023 are in the company report.
No. 500X Tech Labs has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of 500X Tech Labs is U72900MH2022PTC381512. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
500X Tech Labs was incorporated on 27 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of 500X Tech Labs by revenue are Quad Law Tech Private Limited, Worldwin Coder Private Limited, Neophilic Solutions (OPC) Private Limited, Avishkar Contractors Private Limited, Toboc B2b Marketplace India Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Bhairavi Shantanu Gursale ceased to be Additional Director on 29 Nov 2023. Bhairavi Shantanu Gursale was appointed as Director on 31 Jul 2023. Jitendra Jayantilal Rathod ceased to be Director on 31 Jul 2023. 500X Tech Labs has 4 board changes on record in total.
Yes, 500X Tech Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, 500X Tech Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0196746).
500X Tech Labs can be reached through the website 500x.tech. Its registered office is in Mumbai, Maharashtra, India.