DPIIT recognised startup Government of India
Startup India
Project42 Labs Private Limited - information technology in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹3.62 Lakh
▲ 625% YoY
Net loss · FY 2020
₹5.28 Lakh
Net margin -145.7%
EBITDA · FY 2020
-₹63,854
EBITDA margin -17.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Project42 Labs Private Limited
Data last updated:
Project42 Labs Private Limited is a private limited company based in Noida, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 20 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2018PTC110441. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Surya Narayan Dev and Adity Bangia.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Flat No 1506 Tower Km12 Kosmos Jp Greens Wishtown Sector 134, Noida, Uttar Pradesh, India – 201304.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.62 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.28 Lakh (net margin -145.7%) and EBITDA of -₹63,854 (EBITDA margin -17.6%).
The company is associated with 1 brand: Project42 Labs. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
For more details, the company can be reached via its website project42labs.com.
Company details
CIN U72900UP2018PTC110441
Registration Number 110441
Incorporation Date 20 November 2018
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
DPIIT Recognition Recognised Startup
Key People
Surya Narayan Dev Director Adity Bangia Director Recognitions & Rankings of Project42 Labs
Contact details
Project42 Labs Private Limited's registered office is in Noida, Uttar Pradesh. Its website is project42labs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No 1506 Tower Km12 Kosmos Jp Greens Wishtown Sector 134, Noida, Uttar Pradesh, India – 201304
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Project42 Labs Private Limited, buy the company report.
Comprehensive company report
Project42 Labs 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
Project42 Labs operates one associated brand: Project42 Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers expert solutions in application development, AI, data science, NLP, and digital marketing. | project42labs.com |
Business activity
The main business activity of Project42 Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Project42 Labs Private Limited, buy the company report.
Financials of Project42 Labs Private Limited
FY 2020 filings availableProject42 Labs Private Limited reported revenue of ₹3.62 Lakh (up 625% YoY) for FY 2020.
Revenue · FY 2020
₹3.62 Lakh ▲ 625%
Net loss · FY 2020
₹5.28 Lakh margin -145.7%
EBITDA · FY 2020
-₹63,854 margin -17.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 625%
EBITDA CAGR growth
1 year
▲ 74%
Revenue rose 625% in the latest year. EBITDA rose 74% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹3.62 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹63,854 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5.28 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -17.6% | |
| Net Profit Margin | -145.7% | |
| 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 Project42 Labs Private Limited, buy the company report.
Board of directors of Project42 Labs Private Limited
Project42 Labs has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surya Narayan Dev | Director | 20 Nov 2018 | 7 Years 11 Months | Current |
| Adity Bangia | Director | 20 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Project42 Labs Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seltam Technologies Solutions Private Limited | ₹3.63 Lakh (FY 2025) | -44.0% | Chennai, Tamil Nadu, India | |||
| Soil Infra Engineers Private Limited | ₹3.63 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Excellent Docpro Shield Services Private Limited | ₹3.63 Lakh (FY 2025) | -20.0% | Lucknow, Uttar Pradesh, India | |||
| Shree Sudarshan Drones Private Limited | ₹3.63 Lakh (FY 2025) | 16.0% | Jabalpur, Madhya Pradesh, India | |||
| Project42 Labs Private Limitedthis company | ₹3.62 Lakh (FY 2020) | -₹5.28 Lakh | -145.7% | 625.0% | Noida, Uttar Pradesh, India | |
| Brandotss Technologies Private Limited | ₹3.62 Lakh (FY 2024) | -86.0% | Hyderabad, Telangana, India | |||
| Studio Supple (OPC) Private Limited | ₹3.62 Lakh (FY 2025) | -38.0% | Gandhinagar, Gujarat, India | |||
| Devansh Softech Consultancy Services Private Limited | ₹3.62 Lakh (FY 2016) | Agra, Uttar Pradesh, India | ||||
| Goalwin India Private Limited | ₹3.62 Lakh (FY 2024) | 177.0% | Thanjavur, Tamil Nadu, India |
To see the full peer comparison of Project42 Labs Private Limited, buy the company report.
Legal cases
Project42 Labs Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Arbitration matter | Filed against the company by Mantarav Private Limited | Pending |
To see the full case history of Project42 Labs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Project42 Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Project42 Labs 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 Project42 Labs Private Limited, buy the company report.
Recent activity
Project42 Labs Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Adity Bangia was appointed as Director on 20 Nov 2018.
AGM
Project42 Labs Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Project42 Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Kanpur.
Appointed
Adity Bangia was appointed as Director.
Appointed
Surya Narayan Dev was appointed as Director.
Incorporation
20 Nov 2018
Project42 Labs Private Limited was registered on 20 Nov 2018 with Roc Kanpur & aged 7 years 11 months as per MCA records.
Frequently asked questions
Project42 Labs is an active private limited company based in Noida, Uttar Pradesh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 20 November 2018 (8+ years old) and is registered under CIN U72900UP2018PTC110441.
Project42 Labs has 2 current directors:
- Surya Narayan Dev - Director
- Adity Bangia - Director
The latest financial statements of Project42 Labs on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
No. Project42 Labs has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Project42 Labs is U72900UP2018PTC110441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Project42 Labs has 1 court case on record: 1 filed against it. 1 is pending.
Project42 Labs was incorporated on 20 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Project42 Labs by revenue are Seltam Technologies Solutions Private Limited, Soil Infra Engineers Private Limited, Excellent Docpro Shield Services Private Limited, Shree Sudarshan Drones Private Limited, Brandotss Technologies Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Adity Bangia was appointed as Director on 20 Nov 2018. Surya Narayan Dev was appointed as Director on 20 Nov 2018.
Yes, Project42 Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Project42 Labs can be reached through the website project42labs.com. Its registered office is in Noida, Uttar Pradesh, India.
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