About Shirsa Labs Private Limited
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Shirsa Labs Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the edtech solutions segment of the education sector. It was incorporated on 14 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2013PTC249188. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹38.72 Lakh. It is led by directors Sukhada Sudhir Tendulkar and Mandar Manohar Desai.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.22 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹64.17 Lakh (net margin -52.5%) and EBITDA of -₹44.19 Lakh (EBITDA margin -36.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 172% over five years.
The company is associated with 1 brand: Shirsa Labs. Court records list 1 case involving the company, including 1 filed against it. The company has 8 deals on record (7 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.89 Cr; the latest was in March 2019.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website shirsa.in.
Company details
Contact details
Shirsa Labs Private Limited's registered office is in Mumbai, Maharashtra. Its website is shirsa.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressFlat No 44 Awas Chsl Plot No 2 Rsc 28 Sector – III Charkop Kandivali, (W), Mumbai, Maharashtra, India – 400067
- IndustryEducation, EdTech Solutions
To see the full contact details of Shirsa Labs 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
Shirsa Labs operates one associated brand: Shirsa Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online cognitive training programs for kids and teenagers are delivered. | shirsa.in |
Financials of Shirsa Labs Private Limited
FY 2019 filings availableShirsa Labs Private Limited reported revenue of ₹1.22 Cr (down 37% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 172%. EBITDA fell 120% 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 | FY 2014-15 |
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| EBITDA | -₹44.19 Lakh | ||||
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| Net Profit (PAT) | -₹64.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -36.2% | ||||
| Net Profit Margin | -52.5% | ||||
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To see the full financial statements and ratios of Shirsa Labs Private Limited, buy the company report.
Board of directors of Shirsa Labs Private Limited
Shirsa Labs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sukhada Sudhir Tendulkar Also directs: Pogi Education Private Limited | Director | 14 Oct 2013 | 13 Years 0 Months | Current |
| Mandar Manohar Desai Also directs: Pogi Education Private Limited | Director | 14 Oct 2013 | 13 Years 0 Months | Current |
Auditor
Shirsa Labs Private Limited is audited by SACHIN KADAM & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SACHIN KADAM & ASSOCIATES | FY 2017 | 128944W |
Shareholding
The shareholding of Shirsa Labs Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Shirsa Labs Private Limited, buy the company report.
Deals & funding
Shirsa Labs Private Limited has 8 deals on record (7 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.89 Cr; the latest was in March 2019.
Deals on record (2 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2014 | Funding round | ₹27.7 Lakh | Investors: 4 individuals |
To see the full deal history of Shirsa Labs 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
Shirsa Labs Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Municipal Corporation K/ East Mumbai | Disposed |
To see the full case history of Shirsa 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 Shirsa Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shirsa Labs 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 Shirsa Labs Private Limited, buy the company report.
Recent activity
Shirsa Labs Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Mohinder Pal Singh ceased to be Director on 12 Apr 2021.
Frequently asked questions
Shirsa Labs is an active private limited company based in Mumbai, Maharashtra, India. The company works in edtech solutions, within the education industry. It was incorporated on 14 October 2013 (13+ years old) and is registered under CIN U51900MH2013PTC249188.
Shirsa Labs has 2 current directors:
- Sukhada Sudhir Tendulkar - Director
- Mandar Manohar Desai - Director
The latest financial statements of Shirsa Labs 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 2015 are in the company report.
No. Shirsa Labs has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shirsa Labs is U51900MH2013PTC249188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shirsa Labs has 1 court case on record: 1 filed against it.
Shirsa Labs was incorporated on 14 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Shirsa Labs has 8 deals on record (7 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.89 Cr; the latest was in March 2019.
Mohinder Pal Singh ceased to be Director on 12 Apr 2021. Elroy Valerian Jude Dsilva ceased to be Director on 01 May 2018. Mandar Manohar Desai was appointed as Director on 14 Oct 2013. Shirsa Labs has 4 board changes on record in total.
Shirsa Labs can be reached through the website shirsa.in. Its registered office is in Mumbai, Maharashtra, India.