About Biconomy Labs Private Limited
Data last updated:
Biconomy Labs Private Limited was a private limited company based in Gurugram, Haryana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 December 2020.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2020PTC091636. Its GSTIN is 06AAJCB5102G1Z3 (Haryana).
The company had an authorised share capital of ₹90,000 and a paid-up capital of ₹60,000. It was led by directors Aniket Jindal and Sachin Tomar.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Plot No. 76 D Udyog Vihar Phase – 4 Sector – 18, Gurugram, Haryana, India – 122015.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31.81 Lakh (net margin 7.6%) and EBITDA of ₹46.5 Lakh (EBITDA margin 11.1%).
The company was associated with 1 brand: Biconomy. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹77.93 Cr; the latest was in July 2021.
The last known website on record is biconomy.io.
Company details
Contact details
Biconomy Labs Private Limited's registered office is in Gurugram, Haryana. Its website is biconomy.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 76 D Udyog Vihar Phase – 4 Sector – 18, Gurugram, Haryana, India – 122015
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Biconomy 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
Biconomy Labs operates one associated brand: Biconomy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Blockchain infrastructure for Web3 experiences is provided. | biconomy.io |
Financials of Biconomy Labs Private Limited
FY 2024 filings availableBiconomy Labs Private Limited reported revenue of ₹4.18 Cr (up 837% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 837% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹4.18 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹46.5 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹31.81 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 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11.1% | |
| Net Profit Margin | 7.6% | |
| 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 Biconomy Labs Private Limited, buy the company report.
Board of directors of Biconomy Labs Private Limited
Biconomy Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aniket Jindal Also directs: Jagdamba Dwellings Private Limited | Director | 16 Dec 2020 | 5 Years 10 Months | As last reported |
| Sachin Tomar | Director | 16 Dec 2020 | 5 Years 10 Months | As last reported |
Auditor
Biconomy Labs Private Limited is audited by N J Y J & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N J Y J & Associates | FY 2022 | 023030S |
Shareholding
The shareholding of Biconomy Labs Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Biconomy Labs Private Limited, buy the company report.
Deals & funding
Biconomy Labs Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹77.93 Cr; the latest was in July 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Funding round | ₹66.92 Cr | Investors: Coinbase Ventures, CoinFund, Genblock Capital |
| Jan 2021 | Funding round | ₹11.02 Cr | Investors: Woodstock Fund, Eden Block, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Biconomy Labs 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 Biconomy Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Biconomy Labs Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
GST
Biconomy Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAJCB5102G1Z3 | Haryana | Active | 03 Apr 2021 |
To see the full GST registrations and return filing status of Biconomy Labs Private Limited, buy the company report.
Recent activity
Biconomy Labs Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Aniket Jindal was appointed as Director on 16 Dec 2020.
News
From our blog
Frequently asked questions
Biconomy Labs has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Biconomy Labs was a private limited company based in Gurugram, Haryana, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 16 December 2020 and is registered under CIN U72900HR2020PTC091636. The company has been struck off by the Registrar of Companies and is no longer operational.
Biconomy Labs had 2 directors:
- Aniket Jindal - Director
- Sachin Tomar - Director
The CIN (Corporate Identification Number) of Biconomy Labs is U72900HR2020PTC091636. 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 Biconomy Labs is at Plot No. 76 D Udyog Vihar Phase – 4 Sector – 18, Gurugram, Haryana, India – 122015.
Biconomy Labs was incorporated on 16 December 2020. It is registered with the Registrar of Companies, Delhi.
Biconomy Labs can be reached through the website biconomy.io. Its registered office is in Gurugram, Haryana, India.
The latest financial statements of Biconomy Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 August 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Biconomy Labs is 06AAJCB5102G1Z3, registered in Haryana.
Biconomy Labs operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
