DPIIT recognised startup Government of India
Startup India
Apsolabs Private Limited
Apsolabs Private Limited - pharma in Kanpur, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹49.3 Lakh
▼ 44% YoY
Net loss · FY 2024
₹14.43 Lakh
Net margin -29.3%
EBITDA · FY 2024
-₹10.8 Lakh
EBITDA margin -21.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Open charges
₹11 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Apsolabs Private Limited
Data last updated:
Apsolabs Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 22 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U33127UP2018PTC102386. Its GSTIN is 09AAQCA6867L1ZQ (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Sheshmani Dwivedi and Indra Mani Dwivedi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at House No – 3/8 Ews Awas Vikas Yojna 2 Hanspuram Naubasta, Kanpur, Uttar Pradesh, India – 208021.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.3 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹14.43 Lakh (net margin -29.3%) and EBITDA of -₹10.8 Lakh (EBITDA margin -21.9%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
The company is associated with 1 brand: Apsolabs. As per MCA filings, the company has open charges of ₹11 Lakh on record.
Apsolabs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-43-0001320).
Company details
CIN U33127UP2018PTC102386
Registration Number 102386
Incorporation Date 22 March 2018
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-43-0001320
Recognitions & Rankings of Apsolabs
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-UP-43-0001320
Contact details
Apsolabs Private Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressHouse No – 3/8 Ews Awas Vikas Yojna 2 Hanspuram Naubasta, Kanpur, Uttar Pradesh, India – 208021
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Apsolabs Private Limited, buy the company report.
Comprehensive company report
Apsolabs 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
Apsolabs operates one associated brand: Apsolabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides respiratory equipment and vitamin supplements solutions. | apsolabs.com |
Business activity
The main business activity of Apsolabs is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Apsolabs Private Limited, buy the company report.
Financials of Apsolabs Private Limited
FY 2025 filings availableApsolabs Private Limited reported revenue of ₹49.3 Lakh (down 44% YoY) for FY 2024.
Revenue · FY 2024
₹49.3 Lakh ▼ 44%
Net loss · FY 2024
₹14.43 Lakh margin -29.3%
EBITDA · FY 2024
-₹10.8 Lakh margin -21.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 40%
EBITDA CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 38%
5 years · compounded
▼ 92%
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 44% fall in the latest year. EBITDA fell 58% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.43 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.9% | ||||
| Net Profit Margin | -29.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Apsolabs Private Limited, buy the company report.
Board of directors of Apsolabs Private Limited
Apsolabs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheshmani Dwivedi | Director | 22 Mar 2018 | 8 Years 7 Months | Current |
| Indra Mani Dwivedi | Director | 22 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Apsolabs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahi Dhruv Oil & Gas Private Limited | ₹49.32 Lakh (FY 2024) | 12441.0% | Mangalore, Karnataka, India | |||
| Krimus Trading Private Limited | ₹49.31 Lakh (FY 2016) | Chennai, Tamil Nadu, India | ||||
| Chinchave Farmers Producer Company Limited | ₹49.31 Lakh (FY 2024) | Deola, Maharashtra, India | ||||
| Mahalo Distributions Private Limited | ₹49.31 Lakh (FY 2024) | -22.0% | Malappuram, Kerala, India | |||
| Chado Tea Private Limited | ₹49.31 Lakh (FY 2024) | 30.0% | Mumbai, Maharashtra, India | |||
| Apsolabs Private Limitedthis company | ₹49.3 Lakh (FY 2024) | -₹14.43 Lakh | -29.3% | -44.0% | Kanpur, Uttar Pradesh, India | |
| Medilio Enterprise Private Limited | ₹49.3 Lakh (FY 2024) | 3149.0% | Surat, Gujarat, India | |||
| Optha Vision Private Limited | ₹49.3 Lakh (FY 2025) | -19.0% | R Ngr, Uttar Pradesh, India | |||
| Evostan Healthcare Private Limited | ₹49.3 Lakh (FY 2025) | 49.0% | Bareilly, Uttar Pradesh, India | |||
| Nandlal Dealmark Private Limited | ₹49.3 Lakh (FY 2024) | -15.0% | Kolkata, West Bengal, India | |||
| Raka Healthcare Private Limited | ₹49.29 Lakh (FY 2024) | 21.0% | Kukatpally Hyderabad, Telangana, India |
To see the full peer comparison of Apsolabs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2022 | 100712451 | Hdfc Bank Limited | ₹11 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Apsolabs 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 Apsolabs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Apsolabs has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAQCA6867L1ZQ | Uttar Pradesh | Active | 13 Nov 2018 |
To see the full GST registrations and return filing status of Apsolabs Private Limited, buy the company report.
Recent activity
Apsolabs Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Rajneesh Kumar ceased to be Director on 16 Apr 2021.
AGM
Apsolabs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Apsolabs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.00 Lakh with Charge ID 100712451 was registered on 24 Jun 2022.
Ceased
Rajneesh Kumar ceased to be Director.
Appointed
Indra Mani Dwivedi was appointed as Director.
Appointed
Sheshmani Dwivedi was appointed as Director.
Incorporation
22 Mar 2018
Apsolabs Private Limited was registered on 22 Mar 2018 with Roc Kanpur & aged 8 years 7 months as per MCA records.
Frequently asked questions
Apsolabs is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 22 March 2018 (8+ years old) and is registered under CIN U33127UP2018PTC102386.
Apsolabs has 2 current directors:
- Sheshmani Dwivedi - Director
- Indra Mani Dwivedi - Director
The latest financial statements of Apsolabs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Apsolabs is 09AAQCA6867L1ZQ, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Apsolabs is U33127UP2018PTC102386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apsolabs was incorporated on 22 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Apsolabs by revenue are Mahi Dhruv Oil & Gas Private Limited, Krimus Trading Private Limited, Chinchave Farmers Producer Company Limited, Mahalo Distributions Private Limited, Chado Tea Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Rajneesh Kumar ceased to be Director on 16 Apr 2021. Indra Mani Dwivedi was appointed as Director on 22 Mar 2018. Sheshmani Dwivedi was appointed as Director on 22 Mar 2018.
Yes, Apsolabs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Apsolabs is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-43-0001320).
The registered office of Apsolabs is at House No – 38 Ews Awas Vikas Yojna 2 Hanspuram Naubasta, Kanpur, Uttar Pradesh, India – 208021.
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