Memeticlabs Technologies Private Limited
About Memeticlabs Technologies Private Limited
Data last updated:
Memeticlabs Technologies Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Freshworks Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT services segment of the services sector. It was incorporated on 12 September 2012.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74140TN2012PTC112522. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹1.61 Lakh. It was led by directors including Ramesh Kumar and Saurabh Arora.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at B – 13 Arun Flats 72/164 Lake View Road West Mambalam, Chennai, Tamil Nadu, India – 600033.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.13 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹19.09 Lakh and EBITDA of -₹20.97 Lakh.
The company was associated with 2 brands: Memetic Labs and Airwoot. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹80 Lakh; the latest was in July 2017.
Company details
CIN history
Memeticlabs Technologies has one previous CIN (Corporate Identification Number): U74140HR2012PTC047091. The current CIN is U74140TN2012PTC112522, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140TN2012PTC112522 | Current |
| U74140HR2012PTC047091 | Previous |
Contact details
Memeticlabs Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 13 Arun Flats 72/164 Lake View Road West Mambalam, Chennai, Tamil Nadu, India – 600033
- IndustryService, Information Technology Services
To see the full contact details of Memeticlabs Technologies Private Limited, buy the company report.
- 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
Brands
Memeticlabs Technologies operates two associated brands: Memetic Labs and Airwoot. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Potato farming, grain marketing, and equipment services in Maine. | memeticlabs.com | |
| Real-time customer support is enabled on social media platforms. | airwoot.com |
Financials of Memeticlabs Technologies Private Limited
FY 2018 filings availableMemeticlabs Technologies Private Limited reported revenue of ₹2.13 Lakh (down 100% YoY) for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.13 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹20.97 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹19.09 Lakh | ||
| 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 2016-17 | 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 | |||
To see the full financial statements and ratios of Memeticlabs Technologies Private Limited, buy the company report.
Board of directors of Memeticlabs Technologies Private Limited
Memeticlabs Technologies has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Also directs: Morlay & Whyte Infra Solutions LLP, Lambda Infratech Limited, Senor Telecom Private Limited and 5 more | Director | 12 Sep 2012 | 14 Years 2 Months | As last reported |
| Saurabh Arora | Director | 12 Sep 2012 | 14 Years 2 Months | As last reported |
| Shankar Kadayam Narasimhan | Director | 10 Aug 2017 | 9 Years 3 Months | As last reported |
| Satya Padmanabham Devarakonda Also directs: Scalekit Technologies India Private Limited | Director | 10 Aug 2017 | 9 Years 3 Months | As last reported |
Auditor
Memeticlabs Technologies Private Limited is audited by HSA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HSA & ASSOCIATES | FY 2017 | 013695S |
Shareholding
The shareholding of Memeticlabs Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Memeticlabs Technologies Private Limited, buy the company report.
Deals & funding
Memeticlabs Technologies Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹80 Lakh; the latest was in July 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Freshworks Technologies Private Limited Seller: an individual |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Aark Techaccess Private Limited Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2014 | Funding round · Series A | ₹75 Lakh | Investors: Kae Capital Management, 3 individuals |
| Jan 2013 | Funding round · Seed | ₹5 Lakh | Investors: Morpheus Accelerator |
To see the full deal history of Memeticlabs Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Memeticlabs Technologies 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 Memeticlabs Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Memeticlabs Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Memeticlabs Technologies Private Limited, buy the company report.
Recent activity
Memeticlabs Technologies Private Limited has 7 board changes on record since 2012: 4 appointments and 3 cessations. The latest: Satya Padmanabham Devarakonda ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Memeticlabs Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Memeticlabs Technologies was a private limited company based in Chennai, Tamil Nadu, India. The company worked in information technology services, within the service industry. It was incorporated on 12 September 2012 and is registered under CIN U74140TN2012PTC112522. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Memeticlabs Technologies was incorporated on 12 September 2012. It is registered with the Registrar of Companies, Chennai.
Memeticlabs Technologies had 4 directors:
- Ramesh Kumar - Director
- Saurabh Arora - Director
- Shankar Kadayam Narasimhan - Director
- Satya Padmanabham Devarakonda - Director
The CIN (Corporate Identification Number) of Memeticlabs Technologies is U74140TN2012PTC112522. 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 Memeticlabs Technologies is at B – 13 Arun Flats 72164 Lake View Road West Mambalam, Chennai, Tamil Nadu, India – 600033.
The latest financial statements of Memeticlabs Technologies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Memeticlabs Technologies has 1 GST registration on record and it is cancelled or inactive.
Memeticlabs Technologies operated in the service industry, in the information technology services segment.
Memeticlabs Technologies has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹80 Lakh; the latest was in July 2017.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
