Seastar Labs Private Limited

Seastar Labs Private Limited - information technology in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U72900MH2015PTC374645 Incorporated 01 June 2015 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company information technology
Data last updated
Revenue · FY 2022
₹56,048
▼ 99% YoY
Net loss · FY 2022
₹5.32 Lakh
Latest filing
EBITDA · FY 2022
-₹5.88 Lakh
Latest filing
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
10
Provident fund records
Directors on board
2
As per MCA filings

About Seastar Labs Private Limited

Data last updated:

Seastar Labs Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Seastar Labs Inc. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 June 2015.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2015PTC374645. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Rajeev Trilokinath Gupta and Abhishek.

Its last annual general meeting (AGM) was held on 01 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at L&T House N.M. Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2022, the company reported a revenue of ₹56,048, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹5.32 Lakh and EBITDA of -₹5.88 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 73% over five years.

The company had about 10 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 2 brands: Seastar Labs and L&T Technology Services. Court records list 2 cases involving the company, including 2 filed by the company.

The last known website on record is seastarlabs.com.

Company details

CIN U72900MH2015PTC374645
Registration Number 374645
Incorporation Date 01 June 2015
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 01 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Seastar Labs Inc
Compliance Status Active Compliant

CIN history

Seastar Labs has one previous CIN (Corporate Identification Number): U72900GJ2015PTC083374. The current CIN is U72900MH2015PTC374645, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900MH2015PTC374645Current
U72900GJ2015PTC083374Previous

Contact details

Seastar Labs Private Limited's registered office is in Mumbai, Maharashtra. Its website is seastarlabs.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    L&T House N.M. Marg Ballard Estate, Mumbai, Maharashtra, India – 400001
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Seastar Labs Private Limited, buy the company report.

Comprehensive company report
Seastar Labs Private Limited - one report that includes everything
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  • 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

Seastar Labs operates two associated brands: Seastar Labs and L&T Technology Services. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers cloud-based live video processing for advanced analytics.seastarlabs.com
Software, AI, cloud, cybersecurity, and engineering consulting services are provided.ltts.com

Business activity

The main business activity of Seastar Labs is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Seastar Labs Private Limited, buy the company report.

Financials of Seastar Labs Private Limited

FY 2023 filings available

Seastar Labs Private Limited reported revenue of ₹56,048 (down 99% YoY) for FY 2022.

Revenue · FY 2022
₹56,048 ▼ 99%
Net loss · FY 2022
₹5.32 Lakh
EBITDA · FY 2022
-₹5.88 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 79%
5 years · compounded
▼ 73%

Revenue has declined at a compounded annual rate (CAGR) of 73% over five years, including a 99% fall 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹56,048
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹5.88 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.32 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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 Seastar Labs Private Limited, buy the company report.

Board of directors of Seastar Labs Private Limited

Seastar Labs has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Rajeev Trilokinath GuptaDirector20 Jul 20206 Years 3 MonthsAs last reported
AbhishekDirector03 Dec 20205 Years 10 MonthsAs last reported

Auditor

Seastar Labs Private Limited is audited by S K JHA & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
S K JHA & COFY 2022126173W

Shareholding

The shareholding of Seastar Labs Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Seastar Labs Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Seastar Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Seastar Labs has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Seastar Labs Private Limited, buy the company report.

Recent activity

Seastar Labs Private Limited has 10 board changes on record since 2015: 2 appointments and 8 cessations. The latest: Abhishek ceased to be Additional Director on 24 Aug 2021.

AGM
Seastar Labs Private Limited last Annual general meeting of members was held on 01 Sep 2023 as per latest MCA records.
Filing
Seastar Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Abhishek ceased to be Additional Director.
Appointed
Abhishek was appointed as Director.
Ceased
Vilas Sudhakar Bhade ceased to be Director.
Ceased
Rajeev Trilokinath Gupta ceased to be Additional Director.
Appointed
Rajeev Trilokinath Gupta was appointed as Director.
Ceased
Ramakrishnan Parameswaran ceased to be Additional Director.
Ceased
Vinay Nagendra Hebballi ceased to be Director.
Ceased
Vani Hitesh Mittal ceased to be Director.
Ceased
Akhil Kumar ceased to be Additional Director.
Ceased
Sushilkumari Ashwanikumar Mittal ceased to be Director.

1 earlier event is in the company report.

Frequently asked questions

Seastar Labs 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.

Seastar Labs was a private limited company based in Mumbai, Maharashtra, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 01 June 2015 and is registered under CIN U72900MH2015PTC374645. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Seastar Labs was incorporated on 01 June 2015. It is registered with the Registrar of Companies, Mumbai.

Seastar Labs had 2 directors:

The CIN (Corporate Identification Number) of Seastar Labs is U72900MH2015PTC374645. 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 Seastar Labs is at L&T House N.M. Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.

Seastar Labs can be reached through the website seastarlabs.com. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of Seastar Labs on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 01 September 2023. Year-wise statements from FY 2016 are in the company report.

No. Seastar Labs has 2 GST registrations on record and all of them are cancelled or inactive.

Seastar Labs operated in the information technology industry, in the software development and support services segment.