Assure2paylabs Private Limited

Assure2paylabs Private Limited - information technology in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U74999TG2021PTC150387 Incorporated 08 April 2021 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company information technology DPIIT Startup MSME
Data last updated
Revenue · FY 2024
₹16.41 Cr
▲ 4% YoY
Net profit · FY 2024
₹1.39 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹3.7 Lakh
EBITDA margin 0.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Assure2paylabs Private Limited

Data last updated:

Assure2paylabs Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 08 April 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2021PTC150387. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Vijay Kumar Dalapathi Rao and Nama Vivek.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 320 Manjeera Majestic Commercial Jntu – Kphb Road Kphb Colony Kukatpally, Hyderabad, Telangana, India – 500072.

As per the financials filed for FY 2024, the company reported a revenue of ₹16.41 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.39 Lakh (net margin 0.1%) and EBITDA of ₹3.7 Lakh (EBITDA margin 0.2%).

Assure2paylabs Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-20-0045209).

Company details

CIN U74999TG2021PTC150387
Registration Number 150387
Incorporation Date 08 April 2021
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-TS-20-0045209
Key People
Vijay Kumar Dalapathi Rao Director Nama Vivek Director

Recognitions & Rankings of Assure2paylabs

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TS-20-0045209

Contact details

Assure2paylabs Private Limited's registered office is in Hyderabad, Telangana.

  • Registered Address
    320 Manjeera Majestic Commercial Jntu – Kphb Road Kphb Colony Kukatpally, Hyderabad, Telangana, India – 500072
  • Industry
    Information Technology, Software Development & Support Services
Comprehensive company report
Assure2paylabs 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Assure2paylabs is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Assure2paylabs Private Limited, buy the company report.

Financials of Assure2paylabs Private Limited

FY 2024 filings available

Assure2paylabs Private Limited reported revenue of ₹16.41 Cr (up 4% YoY) for FY 2024.

Revenue · FY 2024
₹16.41 Cr ▲ 4%
Net profit · FY 2024
₹1.39 Lakh margin 0.1%
EBITDA · FY 2024
₹3.7 Lakh margin 0.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
EBITDA CAGR growth
1 year
▼ 96%

Revenue rose 4% in the latest year. EBITDA fell 96% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.7 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.39 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 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin0.2%
Net Profit Margin0.1%
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

To see the full financial statements and ratios of Assure2paylabs Private Limited, buy the company report.

Board of directors of Assure2paylabs Private Limited

Assure2paylabs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijay Kumar Dalapathi Rao
Also directs: Destinme Private Limited, Veeru's Hospitality Services Private Limited, Spogoo India Private Limited
Director28 Mar 20224 Years 7 MonthsCurrent
Nama Vivek
Also directs: RVM Electricals Private Limited, RVM Constructions India Limited, House of Sylthor Private Limited and 2 more
Director08 Apr 20215 Years 6 MonthsCurrent
View all directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for Assure2paylabs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Assure2paylabs 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 Assure2paylabs Private Limited, buy the company report.

Recent activity

Assure2paylabs Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Chimalamudi Vineel ceased to be Director on 28 Mar 2022.

AGM
Assure2Paylabs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Assure2Paylabs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Chimalamudi Vineel ceased to be Director.
Appointed
Vijay Kumar Dalapathi Rao was appointed as Director.
Appointed
Nama Vivek was appointed as Director.
Incorporation
08 Apr 2021
Assure2Paylabs Private Limited was registered on 08 Apr 2021 with Roc Hyderabad & aged 5 years 6 months as per MCA records.

Frequently asked questions

Assure2paylabs is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 08 April 2021 (5+ years old) and is registered under CIN U74999TG2021PTC150387.

Assure2paylabs has 2 current directors:

The latest financial statements of Assure2paylabs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.

No. Assure2paylabs has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Assure2paylabs is U74999TG2021PTC150387. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Assure2paylabs was incorporated on 08 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.

Chimalamudi Vineel ceased to be Director on 28 Mar 2022. Vijay Kumar Dalapathi Rao was appointed as Director on 28 Mar 2022. Nama Vivek was appointed as Director on 08 Apr 2021.

Yes, Assure2paylabs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Assure2paylabs is registered as an MSME under Udyam registration (number: UDYAM-TS-20-0045209).

The registered office of Assure2paylabs is at 320 Manjeera Majestic Commercial Jntu – Kphb Road Kphb Colony Kukatpally, Hyderabad, Telangana, India – 500072.