MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0244213
Palettelab Private Limited
Palettelab Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹62,376
Latest filing
Net loss · FY 2024
₹2.34 Cr
Latest filing
EBITDA · FY 2024
-₹2.33 Cr
Latest filing
Authorised capital
₹4.99 Cr
Registered with MCA
Paid-up capital
₹3.6 Cr
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
7
Provident fund records
Directors on board
2
As per MCA filings
About Palettelab Private Limited
Data last updated:
Palettelab Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 October 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2022FTC167162.
The company has an authorised share capital of ₹4.99 Cr and a paid-up capital of ₹3.6 Cr. It is led by directors Jong Keun Lee and Hanish Keloth.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹62,376. For the same year it recorded a net loss of ₹2.34 Cr and EBITDA of -₹2.33 Cr.
The company has about 7 employees on its provident fund (EPFO) records.
Palettelab Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0244213). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72200KA2022FTC167162
Registration Number 167162
Incorporation Date 17 October 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0244213
Key People
Jong Keun Lee Director Hanish Keloth Director Recognitions & Rankings of Palettelab
Contact details
Palettelab Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address8th Floor Of Block 3B (Enzyme Offices) Bhartiya Centre Of Information Technology (Bcit), Thanisandra Main Road, Bangalore, Karnataka, India – 560064
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
Palettelab 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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Business activity
The main business activity of Palettelab is information and communication. In detail, this covers telecommunications.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 61 | Telecommunications |
To see the full business activity and turnover split of Palettelab Private Limited, buy the company report.
Financials of Palettelab Private Limited
FY 2025 filings availablePalettelab Private Limited reported revenue of ₹62,376 for FY 2024.
Revenue · FY 2024
₹62,376
Net loss · FY 2024
₹2.34 Cr
EBITDA · FY 2024
-₹2.33 Cr
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹2.33 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.34 Cr | |
| 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 | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
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| EBITDA Margin | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Revenue Growth | ||
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To see the full financial statements and ratios of Palettelab Private Limited, buy the company report.
Board of directors of Palettelab Private Limited
Palettelab has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jong Keun Lee | Director | 17 Oct 2022 | 4 Years 0 Months | Current |
| Hanish Keloth | Director | 17 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Palettelab Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (telecommunications), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Desis & Dragons Media Private Limited | ₹68,422 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Unified IT Support Private Limited | ₹67,960 (FY 2024) | -94.0% | Chennai, Tamil Nadu, India | |||
| Vnet Global Private Limited | ₹64,320 (FY 2025) | Puducherry, India | ||||
| St Broadband Cable Service Private Limited | ₹64,313 (FY 2025) | -84.0% | Mumbai, Maharashtra, India | |||
| Microscan Entertainment Private Limited | ₹62,788 (FY 2025) | -80.0% | Mumbai, Maharashtra, India | |||
| Palettelab Private Limitedthis company | ₹62,376 (FY 2024) | -₹2.34 Cr | Bangalore, Karnataka, India | |||
| MVSR Internet Solutions Private Limited | ₹62,250 (FY 2024) | -70.0% | Alwal, Secunderabad, Telangana, India | |||
| Adhwaita Media & Broadcasting Private Limited | ₹58,885 (FY 2025) | -98.0% | Hyderabad, Telangana, India | |||
| Rank Teleinfra Private Limited | ₹50,000 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Multitrack Solutions Private Limited | ₹43,430 (FY 2024) | 1.0% | Mumbai, Maharashtra, India | |||
| Nuozen Telecom Private Limited | ₹42,193 (FY 2025) | -97.0% | Water Tank, Mira Road East, Maharashtra, India |
To see the full peer comparison of Palettelab Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Palettelab 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 Palettelab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Palettelab Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palettelab Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Hanish Keloth was appointed as Director on 17 Oct 2022.
AGM
Palettelab Private Limited last Annual general meeting of members was held on 30 Oct 2025 as per latest MCA records.
Filing
Palettelab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Hanish Keloth was appointed as Director.
Appointed
Jong Keun Lee was appointed as Director.
Incorporation
17 Oct 2022
Palettelab Private Limited was registered on 17 Oct 2022 with Roc Bangalore & aged 4 years 27 days as per MCA records.
Frequently asked questions
Palettelab is an active foreign 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 17 October 2022 (4+ years old) and is registered under CIN U72200KA2022FTC167162.
Palettelab has 2 current directors:
- Jong Keun Lee - Director
- Hanish Keloth - Director
The latest financial statements of Palettelab on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 October 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Palettelab is U72200KA2022FTC167162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palettelab was incorporated on 17 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Palettelab by revenue are Desis & Dragons Media Private Limited, Unified IT Support Private Limited, Vnet Global Private Limited, St Broadband Cable Service Private Limited, Microscan Entertainment Private Limited and 5 more, all in the same principal business activity (telecommunications).
Hanish Keloth was appointed as Director on 17 Oct 2022. Jong Keun Lee was appointed as Director on 17 Oct 2022.
Yes, Palettelab is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0244213).
The registered office of Palettelab is at 8th Floor Of Block 3B Enzyme Offices Bhartiya Centre Of Information Technology Bcit, Thanisandra Main Road, Bangalore, Karnataka, India – 560064.
Palettelab operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Palettelab is compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.
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