About Kandor Soft Labs Private Limited
Data last updated:
Kandor Soft Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 June 2016.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC093859. Its GSTIN is 29AAGCK1959F1ZA (Karnataka).
The company has an authorised share capital of ₹5.18 Cr and a paid-up capital of ₹4.45 Cr. It is led by directors including Konduru Bhaskar Raju and Pradeep Kumar Gowda Mysore Javare.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No. 39 Ngef Qtrs Binnamangala 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2021, the company reported a revenue of ₹11.79 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.41 Lakh (net margin -122.2%) and EBITDA of -₹5.81 Lakh (EBITDA margin -49.2%). Revenue has grown at a compounded annual rate (CAGR) of 322% over three years.
The company is associated with 1 brand: Total Cloud. The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹6.53 Cr; the latest was in March 2020. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is SJP Softwares Private Limited with revenue of ₹11.87 Lakh.
The last known website on record is totalcloud.io.
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- Registered AddressNo. 39 Ngef Qtrs Binnamangala 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560038
- 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
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Financials of Kandor Soft Labs Private Limited FY 2021 filings available
Kandor Soft Labs Private Limited reported revenue of ₹11.79 Lakh (up 2193% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Kandor Soft Labs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 322% over three years. EBITDA rose 82% 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 Kandor Soft Labs Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.81 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.41 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Kandor Soft Labs Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -49.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -122.2% | •••• | •••• | •••• | •••• |
| 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 Kandor Soft Labs are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Kandor Soft Labs Private Limited
Kandor Soft Labs Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SJP Softwares Private Limited | ₹11.87 Lakh (FY 2025) | •••• | •••• | 1087.0% | •••• | Delhi, India |
| Triculin Retail Private Limited | ₹11.86 Lakh (FY 2024) | •••• | •••• | -28.0% | •••• | Gurgaon, Haryana, India |
| Vinuthna Infosystems Private Limited | ₹11.84 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Aipacific Private Limited | ₹11.84 Lakh (FY 2024) | •••• | •••• | •••• | Gurugram, Haryana, India | |
| Intelligentia IT Systems Private Limited | ₹11.83 Lakh (FY 2020) | •••• | •••• | -56.0% | •••• | Bangalore, Karnataka, India |
| Kandor Soft Labs Private Limited this company | ₹11.79 Lakh (FY 2021) | •••• | •••• | 2193.0% | •••• | Bangalore, Karnataka, India |
| Zoid AI Private Limited | ₹11.78 Lakh (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Bizarre Software Solutions Private Limited | ₹11.76 Lakh (FY 2024) | •••• | •••• | -23.0% | •••• | Coimbatore, Tamil Nadu, India |
| Pure ITES Limited | ₹11.76 Lakh (FY 2023) | •••• | •••• | -15.0% | •••• | Surat, Gujarat, India |
| Byte Consulting Private Limited | ₹11.74 Lakh (FY 2025) | •••• | •••• | 45050.0% | •••• | Bangalore, Karnataka, India |
| Steadyground Technologies Private Limited | ₹11.74 Lakh (FY 2020) | •••• | •••• | 68.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Kandor Soft Labs by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kandor Soft Labs Private Limited
Kandor Soft Labs Private Limited is audited by M R V KRISHNA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M R V KRISHNA & 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 Kandor Soft Labs Private Limited
Kandor Soft Labs has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Visesh Rajaram Also directs: Speciale Incept Advisors LLP, Speciale Incept Growth Advisors LLP, Fermbox Bio Private Limited and 5 more | Nominee Director | 30 Sep 2017 | 9 Years 0 Months | As last reported |
| Konduru Bhaskar Raju | Director | 01 Sep 2018 | 8 Years 1 Months | As last reported |
| Pradeep Kumar Gowda Mysore Javare | Director | 03 Jun 2016 | 10 Years 4 Months | As last reported |
Ownership and Shareholding of Kandor Soft 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 Kandor Soft Labs Private Limited
Kandor Soft Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Kandor Soft Labs Private Limited
Kandor Soft Labs Private Limited has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹6.53 Cr; the latest was in March 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Kickstartup Accelerator Seller: an individual |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2017 | Funding round · Seed | ₹1.26 Cr | Investors: Speciale Invest, Axilor, Pratithi Investments |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: Axilor Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 8 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.
Associated Brands with Kandor Soft Labs Private Limited
Kandor Soft Labs operates one associated brand: Total Cloud. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud management solutions are delivered via an integrated platform. | totalcloud.io |
Employees and EPFO Compliance at Kandor Soft Labs Private Limited
Employment history and EPFO contributions of people linked to Kandor Soft 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.
News related to Kandor Soft Labs Private Limited
Recent Activity on Kandor Soft Labs Private Limited
Kandor Soft Labs Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Konduru Bhaskar Raju ceased to be Additional Director on 29 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Kandor Soft 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 Kandor Soft 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
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Subsidiaries & Group Companies of Kandor Soft 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 Kandor Soft Labs Private Limited
Kandor Soft Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCK1959F1ZA | Karnataka | Active | 03 Jul 2019 |
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 Kandor Soft 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
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Frequently Asked Questions about Kandor Soft Labs Private Limited
Kandor Soft Labs is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Kandor Soft Labs is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 June 2016 and is registered under CIN U72900KA2016PTC093859. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kandor Soft Labs reported revenue of ₹11.79 Lakh for FY 2021 (up 2193% YoY).
Kandor Soft Labs has 3 current directors:
- Visesh Rajaram - Nominee Director
- Konduru Bhaskar Raju - Director
- Pradeep Kumar Gowda Mysore Javare - Director
Kandor Soft Labs reported a net loss of ₹14.41 Lakh (net margin -122.2%) and EBITDA of -₹5.81 Lakh (EBITDA margin -49.2%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kandor Soft Labs is 322% over three years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Kandor Soft Labs is U72900KA2016PTC093859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandor Soft Labs was incorporated on 03 June 2016. It is registered with the Registrar of Companies, Bangalore.
Kandor Soft Labs has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹6.53 Cr; the latest was in March 2020.
The peers of Kandor Soft Labs by revenue are SJP Softwares Private Limited, Triculin Retail Private Limited, Vinuthna Infosystems Private Limited, Aipacific Private Limited, Intelligentia IT Systems Private Limited and 5 more, all in the Information Technology industry (Application Development).
Konduru Bhaskar Raju ceased to be Additional Director on 29 Sep 2018. Konduru Bhaskar Raju was appointed as Director on 01 Sep 2018. Rajanish Sangameshwar Dodamani ceased to be Director on 23 Jul 2018. Kandor Soft Labs has 6 board changes on record in total.