About Startsmart Labs India Private Limited
Data last updated:
Startsmart Labs India Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Stata Laboratories Llc. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the business support services segment of the business services sector. It was incorporated on 28 September 2012.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2012FTC087842. Its GSTIN is 33AASCS1554L1ZX (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Ellen Rubenstein Salisbury and Thiruvalluvan Morappakkam Gangatharan.
Its last annual general meeting (AGM) was held on 04 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Module 01L First Floor Iit Madras Research Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.59 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹66.4 Lakh (net margin 10.1%) and EBITDA of ₹86.69 Lakh (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 1% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The last known website on record is startsmartlabs.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressModule 01L First Floor Iit Madras Research Park Kanagam Road, Taramani, Chennai, Tamil Nadu, India – 600113
- IndustryBusiness Services, Business Support Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Startsmart Labs India is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Startsmart Labs India Private Limited
FY 2021 filings availableStartsmart Labs India Private Limited reported revenue of ₹6.59 Cr (up 18% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 18% growth in the latest year. EBITDA rose 40% 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 2020-21 | FY 2016-17 to FY 2019-20in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹6.59 Cr | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹86.69 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹66.4 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 2020-21 | FY 2016-17 to FY 2019-20in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.2% | |
| Net Profit Margin | 10.1% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2016-17 to FY 2019-20, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Startsmart Labs India are in the company report.
: available in the company report
Board of Directors of Startsmart Labs India Private Limited
Startsmart Labs India has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramanathan Narayanakumar Also directs: Aqfer India Private Limited | Additional Director | 22 Nov 2018 | 7 Years 11 Months | As last reported |
| Ellen Rubenstein Salisbury | Director | 28 Sep 2012 | 14 Years 0 Months | As last reported |
| Thiruvalluvan Morappakkam Gangatharan | Director | 01 Dec 2016 | 9 Years 10 Months | As last reported |
| Raymond Paul Stata | Director | 28 Sep 2012 | 14 Years 0 Months | As last reported |
Auditor Details
Startsmart Labs India Private Limited is audited by R BALAJI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R BALAJI & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Startsmart Labs India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Startsmart Labs India Private Limited has a workforce of 15 employees as of Mar 27, 2024.
: available in the company report
Recent Activity
Startsmart Labs India Private Limited has 5 board changes on record since 2012: 4 appointments and 1 cessation. The latest: Ramanathan Narayanakumar was appointed as Additional Director on 22 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Startsmart Labs India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AASCS1554L1ZX | Tamil Nadu | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Startsmart Labs India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Startsmart Labs India is a company under liquidation, formerly operating as a foreign private limited company based in Chennai, Tamil Nadu, India. The company works in business support services, within the business services industry. It was incorporated on 28 September 2012 and is registered under CIN U72900TN2012FTC087842. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Startsmart Labs India has 4 current directors:
- Ramanathan Narayanakumar - Additional Director
- Ellen Rubenstein Salisbury - Director
- Thiruvalluvan Morappakkam Gangatharan - Director
- Raymond Paul Stata - Director
The latest financial statements of Startsmart Labs India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 04 October 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Startsmart Labs India is U72900TN2012FTC087842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Startsmart Labs India was incorporated on 28 September 2012. It is registered with the Registrar of Companies, Chennai.
Ramanathan Narayanakumar was appointed as Additional Director on 22 Nov 2018. Thiruvalluvan Morappakkam Gangatharan was appointed as Director on 01 Dec 2016. Vijaybabu Vijayaraghavan ceased to be Director on 30 Sep 2014. Startsmart Labs India has 5 board changes on record in total.
Startsmart Labs India can be reached through the website startsmartlabs.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Startsmart Labs India is at Module 01L First Floor Iit Madras Research Park Kanagam Road, Taramani, Chennai, Tamil Nadu, India – 600113.
The GSTIN of Startsmart Labs India is 33AASCS1554L1ZX, registered in Tamil Nadu.