India's Richest People 2026 edition · 1 director · Source: Hurun India
- #530 Sushil Shah & family ₹6,500 Cr
Nitrolabs Technology Private Limited
Nitrolabs Technology Private Limited - service in Thane, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company service
Revenue · FY 2019
₹43,200
▼ 87% YoY
Net loss · FY 2019
₹16.68 Lakh
Latest filing
EBITDA · FY 2019
-₹5.02 Lakh
Latest filing
Authorised capital
₹6.34 Lakh
Registered with MCA
Paid-up capital
₹3.77 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
5
As per MCA filings
GST registrations
1
None active
About Nitrolabs Technology Private Limited
Data last updated:
Nitrolabs Technology Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the support services segment of the services sector. It was incorporated on 14 December 2015 and has been in existence for over 11 years.
Its director Sushil Shah and family are #530 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2015PTC271000. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹6.34 Lakh and a paid-up capital of ₹3.77 Lakh. It is led by directors including Ankit Dhawan and Deepak Rajmani Mishra.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹43,200, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹16.68 Lakh and EBITDA of -₹5.02 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
The company is associated with 1 brand: Awesummly. The company has 1 deal on record (1 funding round), with disclosed funding of ₹50 Lakh; the latest was in May 2017.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72300MH2015PTC271000
Registration Number 271000
Incorporation Date 14 December 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
Recognitions & Rankings of Nitrolabs Technology
Contact details
Nitrolabs Technology Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBuilding No.1/A/203 Dhanlaxmi Apartment Lokgram Road Opposite Railway Booking Office Kal, Yan East, Thane, Maharashtra, India – 421306
- IndustryService, Other Support Services
To see the full contact details of Nitrolabs Technology Private Limited, buy the company report.
Comprehensive company report
Nitrolabs Technology 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
Nitrolabs Technology operates one associated brand: Awesummly. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automated online news summaries are provided across multiple topics. | awesummly.com |
Financials of Nitrolabs Technology Private Limited
FY 2019 filings availableNitrolabs Technology Private Limited reported revenue of ₹43,200 (down 87% YoY) for FY 2019.
Revenue · FY 2019
₹43,200 ▼ 87%
Net loss · FY 2019
₹16.68 Lakh
EBITDA · FY 2019
-₹5.02 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 34%
EBITDA CAGR growth
1 year
▲ 88%
3 years · compounded
▼ 188%
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 87% fall in the latest year. EBITDA rose 88% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹43,200 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹5.02 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹16.68 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| 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 Nitrolabs Technology Private Limited, buy the company report.
Board of directors of Nitrolabs Technology Private Limited
Nitrolabs Technology has 5 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 |
|---|---|---|---|---|
| Ankit Dhawan | Director | 14 Dec 2015 | 10 Years 10 Months | Current |
| Deepak Rajmani Mishra Also directs: Qleopatra Private Limited | Director | 14 Dec 2015 | 10 Years 10 Months | Current |
| Vani Vivek Bhargava | Director | 01 Aug 2017 | 9 Years 2 Months | Current |
| Sushil Kanubhai Shah Also directs: Metropolis Healthcare Limited | Director | 01 Aug 2017 | 9 Years 2 Months | Current |
| Nitin Mishra | Director | 14 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Nitrolabs Technology Private Limited is audited by MOHINDRA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHINDRA & ASSOCIATES | FY 2017 | 001406N |
Shareholding
The shareholding of Nitrolabs Technology 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 Nitrolabs Technology Private Limited, buy the company report.
Deals & funding
Nitrolabs Technology Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹50 Lakh; the latest was in May 2017.
Total deals
1
Funding round
1
Disclosed funding
₹50 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Funding round · Series A | ₹50 Lakh | Investors: Metz Advisory LLP , an individual |
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 Nitrolabs Technology 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 Nitrolabs Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nitrolabs Technology 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 Nitrolabs Technology Private Limited, buy the company report.
Recent activity
Nitrolabs Technology Private Limited has 6 board changes on record since 2015: 5 appointments and 1 cessation. The latest: Sushil Kanubhai Shah ceased to be Director on 09 Sep 2022.
Ceased
Sushil Kanubhai Shah ceased to be Director.
AGM
Nitrolabs Technology Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Nitrolabs Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai Ii.
Appointed
Sushil Kanubhai Shah was appointed as Director.
Appointed
Vani Vivek Bhargava was appointed as Director.
Appointed
Ankit Dhawan was appointed as Director.
Appointed
Deepak Rajmani Mishra was appointed as Director.
Appointed
Nitin Mishra was appointed as Director.
Incorporation
14 Dec 2015
Nitrolabs Technology Private Limited was registered on 14 Dec 2015 with Roc Mumbai Ii & aged 10 years 10 months as per MCA records.
Frequently asked questions
Nitrolabs Technology is an active private limited company based in Thane, Maharashtra, India. The company works in other support services, within the service industry. It was incorporated on 14 December 2015 (11+ years old) and is registered under CIN U72300MH2015PTC271000.
Nitrolabs Technology has 5 current directors:
- Ankit Dhawan - Director
- Deepak Rajmani Mishra - Director
- Vani Vivek Bhargava - Director
- Sushil Kanubhai Shah - Director
- Nitin Mishra - Director
The latest financial statements of Nitrolabs Technology on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Nitrolabs Technology has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nitrolabs Technology is U72300MH2015PTC271000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitrolabs Technology was incorporated on 14 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Nitrolabs Technology has 1 deal on record (1 funding round), with disclosed funding of ₹50 Lakh; the latest was in May 2017.
Sushil Kanubhai Shah ceased to be Director on 09 Sep 2022. Sushil Kanubhai Shah was appointed as Director on 01 Aug 2017. Vani Vivek Bhargava was appointed as Director on 01 Aug 2017. Nitrolabs Technology has 6 board changes on record in total.
The registered office of Nitrolabs Technology is at Building No.1A203 Dhanlaxmi Apartment Lokgram Road Opposite Railway Booking Office Kal, Yan East, Thane, Maharashtra, India – 421306.
Nitrolabs Technology operates in the service industry, in the other support services segment.