About Gusto Web Labs Private Limited
Data last updated:
Gusto Web Labs Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 June 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2012PTC070816.
The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.63 Lakh. It was led by directors Shalin Tejpal Jain and Tejpal Babulal Jain.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 3 Dhabharnagar Opp. Civil Hospital Gate No 1 New Civil Camp Road Sahibaug, Ahmedabad, Gujarat, India – 380004.
The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹97.6 Lakh; the latest was in September 2016.
The last known website on record is gustoweblabs.com.
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- Registered Address3 Dhabharnagar Opp. Civil Hospital Gate No 1 New Civil Camp Road Sahibaug, Ahmedabad, Gujarat, India – 380004
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Financials of Gusto Web Labs Private Limited FY 2017 filings available
Gusto Web Labs Private Limited reported revenue of ₹1,175 (down 99% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Gusto Web Labs Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 60% over three years, including a 99% fall 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 of Gusto Web Labs Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹1,175 | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | •••• | •••• |
| 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 of Gusto Web Labs Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gusto Web Labs are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Gusto Web Labs Private Limited
Gusto Web Labs Private Limited is audited by MEHTA RUSHIT K. & CO. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHTA RUSHIT K. & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gusto Web Labs Private Limited
Gusto Web Labs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shalin Tejpal Jain Also directs: Tapzest Web Private Limited | Director | 20 Jun 2012 | 14 Years 3 Months | As last reported |
| Tejpal Babulal Jain Also directs: Tapzest Web Private Limited | Director | 20 Jun 2012 | 14 Years 3 Months | As last reported |
Ownership and Shareholding of Gusto Web Labs Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gusto Web Labs Private Limited
Gusto Web Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Gusto Web Labs Private Limited
Gusto Web Labs Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹97.6 Lakh; the latest was in September 2016.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Morpheus Accelerator |
| Mar 2014 | Funding round | ₹50 Lakh | Investors: Kae Capital Management |
| Mar 2013 | Funding round | ₹5 Lakh | Investors: Morpheus Accelerator |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Gusto Web Labs Private Limited
Employment history and EPFO contributions of people linked to Gusto Web Labs.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Gusto Web Labs Private Limited
Gusto Web Labs Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Sasha Gulu Mirchandani ceased to be Nominee Director on 03 Aug 2015.
Credit Ratings, Litigation & Regulatory Alerts for Gusto Web Labs Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gusto Web Labs Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gusto Web Labs Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gusto Web Labs Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gusto Web Labs Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gusto Web Labs Private Limited
Gusto Web Labs has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Gusto Web Labs was a private limited company based in Ahmedabad, Gujarat, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 20 June 2012 and is registered under CIN U72200GJ2012PTC070816. The company has been struck off by the Registrar of Companies and is no longer operational.
Gusto Web Labs had 2 directors:
- Shalin Tejpal Jain - Director
- Tejpal Babulal Jain - Director
The CIN (Corporate Identification Number) of Gusto Web Labs is U72200GJ2012PTC070816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Gusto Web Labs is at 3 Dhabharnagar Opp. Civil Hospital Gate No 1 New Civil Camp Road Sahibaug, Ahmedabad, Gujarat, India – 380004.
Gusto Web Labs was incorporated on 20 June 2012. It is registered with the Registrar of Companies, Ahmedabad.
Gusto Web Labs can be reached through the website gustoweblabs.com. Its registered office is in Ahmedabad, Gujarat, India.
Gusto Web Labs has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.63 Lakh.
Gusto Web Labs operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
No. Gusto Web Labs is not listed on any stock exchange. It is an unlisted company.