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Areahop Labs Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.67 Cr
▲ 149% YoY
Net loss · FY 2024
₹38.96 Lakh
Net margin -5.8%
EBITDA · FY 2024
-₹38.9 Lakh
EBITDA margin -5.8%
Authorised capital
₹10,000
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Areahop Labs Private Limited
Data last updated:
Areahop Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Hopstack Inc and recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 22 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC098685. Its GSTIN is 29AAPCA0491F1ZI (Karnataka).
The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It is led by directors Dinu Divakaran Nair and Vivek Shamsher Bahadur Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.67 Cr, a growth of 149% compared to the previous year. For the same year it recorded a net loss of ₹38.96 Lakh (net margin -5.8%) and EBITDA of -₹38.9 Lakh (EBITDA margin -5.8%). Revenue has grown at a compounded annual rate (CAGR) of 144% over five years.
The company is associated with 2 brands: AreaHop and Hopstack. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hopstack.io.
Company details
CIN U74999KA2016PTC098685
Registration Number 098685
Incorporation Date 22 December 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Hopstack Inc
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Areahop Labs
Contact details
Areahop Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is hopstack.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address464 Shri Krishna Temple Road, Indiranagar 1st Stage, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Areahop Labs Private Limited, buy the company report.
Comprehensive company report
Areahop 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
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Brands
Areahop Labs operates two associated brands: AreaHop and Hopstack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AreaHop is an online platform for discovering food restaurants, nightlife venues, salons, and healthcare services. | areahop.com | |
| AI and SaaS-based indoor location tracking for warehouses is provided. | hopstack.io |
Business activity
The main business activity of Areahop Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Areahop Labs Private Limited, buy the company report.
Financials of Areahop Labs Private Limited
FY 2024 filings availableAreahop Labs Private Limited reported revenue of ₹6.67 Cr (up 149% YoY) for FY 2024.
Revenue · FY 2024
₹6.67 Cr ▲ 149%
Net loss · FY 2024
₹38.96 Lakh margin -5.8%
EBITDA · FY 2024
-₹38.9 Lakh margin -5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 149%
5 years · compounded
▲ 144%
EBITDA CAGR growth
1 year
▼ 122%
3 years · compounded
▼ 183%
5 years · compounded
▼ 141%
Revenue has grown at a compounded annual rate (CAGR) of 144% over five years, including 149% growth in the latest year. EBITDA fell 122% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹38.9 Lakh | ||||
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| Net Profit (PAT) | -₹38.96 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.8% | ||||
| Net Profit Margin | -5.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Areahop Labs Private Limited, buy the company report.
Board of directors of Areahop Labs Private Limited
Areahop Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinu Divakaran Nair | Director | 14 Sep 2019 | 7 Years 1 Months | Current |
| Vivek Shamsher Bahadur Singh | Director | 22 Dec 2016 | 9 Years 10 Months | Current |
Auditor
Areahop Labs Private Limited is audited by V Sarvesh & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V Sarvesh & Co | FY 2023 | 021024S |
Shareholding
The shareholding of Areahop Labs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Areahop Labs Private Limited, buy the company report.
Legal cases
Areahop Labs Private Limited has 1 court case on record: 1 filed by Areahop Labs. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Areahop Labs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Areahop Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Areahop Labs Private Limited has 1 active EPFO establishment as of May 04, 2024.
Active EPFO establishments
1
GST
Areahop Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCA0491F1ZI | Karnataka | Active | 14 Sep 2018 |
To see the full GST registrations and return filing status of Areahop Labs Private Limited, buy the company report.
Recent activity
Areahop Labs Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Dinu Divakaran Nair was appointed as Director on 14 Sep 2019.
AGM
Areahop Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Areahop Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Dinu Divakaran Nair was appointed as Director.
Ceased
Ninad Dilip Shah ceased to be Director.
Appointed
Vivek Shamsher Bahadur Singh was appointed as Director.
Incorporation
22 Dec 2016
Areahop Labs Private Limited was registered on 22 Dec 2016 with Roc Bangalore & aged 9 years 10 months as per MCA records.
Frequently asked questions
Areahop Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 22 December 2016 (10+ years old) and is registered under CIN U74999KA2016PTC098685.
Areahop Labs has 2 current directors:
- Dinu Divakaran Nair - Director
- Vivek Shamsher Bahadur Singh - Director
The latest financial statements of Areahop Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Areahop Labs is 29AAPCA0491F1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Areahop Labs is U74999KA2016PTC098685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Areahop Labs has 1 court case on record: 1 filed by the company. 1 is pending.
Areahop Labs was incorporated on 22 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Dinu Divakaran Nair was appointed as Director on 14 Sep 2019. Ninad Dilip Shah ceased to be Director on 04 Sep 2019. Vivek Shamsher Bahadur Singh was appointed as Director on 22 Dec 2016.
Yes, Areahop Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Areahop Labs can be reached through the website hopstack.io. Its registered office is in Bangalore, Karnataka, India.
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