Startup India Government of India
Chigroo Labs Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹1.31 Lakh
▼ 97% YoY
Net loss · FY 2021
₹14.65 Lakh
Latest filing
EBITDA · FY 2021
-₹15.22 Lakh
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.87 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Chigroo Labs Private Limited
Data last updated:
Chigroo Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the diversified operations segment of the manufacturing sector. It was incorporated on 15 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36999KA2017PTC107904. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.87 Lakh. It is led by directors Radhika Bharath Patil and Bharath Patil.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Surakshaa Fairview A – 102 Near Sai Baba Ashram Belathur Kadugudi, Bangalore, Karnataka, India – 560067.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.31 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹14.65 Lakh and EBITDA of -₹15.22 Lakh.
The company is associated with 1 brand: Cradlewise. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.25 Cr; the latest was in February 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cradlewise.com.
Company details
CIN U36999KA2017PTC107904
Registration Number 107904
Incorporation Date 15 November 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Chigroo Labs
Contact details
Chigroo Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is cradlewise.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSurakshaa Fairview A – 102 Near Sai Baba Ashram Belathur Kadugudi, Bangalore, Karnataka, India – 560067
- IndustryManufacturing, Other, Manufacturing
To see the full contact details of Chigroo Labs Private Limited, buy the company report.
Comprehensive company report
Chigroo Labs 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
Chigroo Labs operates one associated brand: Cradlewise. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Baby monitoring cradles with sleep safety features are provided. | cradlewise.com |
Financials of Chigroo Labs Private Limited
FY 2022 filings availableChigroo Labs Private Limited reported revenue of ₹1.31 Lakh (down 97% YoY) for FY 2021.
Revenue · FY 2021
₹1.31 Lakh ▼ 97%
Net loss · FY 2021
₹14.65 Lakh
EBITDA · FY 2021
-₹15.22 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 97%
Revenue fell 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.31 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹15.22 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹14.65 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 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Chigroo Labs Private Limited, buy the company report.
Board of directors of Chigroo Labs Private Limited
Chigroo Labs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhika Bharath Patil | Director | 15 Nov 2017 | 8 Years 11 Months | Current |
| Bharath Patil Also directs: Cradlewise Innovations Private Limited | Director | 11 Jan 2018 | 8 Years 9 Months | Current |
Deals & funding
Chigroo Labs Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.25 Cr; the latest was in February 2018.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹1.25 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Funding round · Angel | ₹1.25 Cr | Investors: 3 individuals |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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 Chigroo 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 Chigroo Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chigroo Labs 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 Chigroo Labs Private Limited, buy the company report.
Recent activity
Chigroo Labs Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Bharath Patil ceased to be Additional Director on 29 Dec 2018.
AGM
Chigroo Labs Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Chigroo Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Ceased
Bharath Patil ceased to be Additional Director.
Appointed
Bharath Patil was appointed as Director.
Ceased
Nitin Kantilal Gandhi ceased to be Director.
Appointed
Radhika Bharath Patil was appointed as Director.
Incorporation
15 Nov 2017
Chigroo Labs Private Limited was registered on 15 Nov 2017 with Roc Bangalore & aged 8 years 11 months as per MCA records.
Frequently asked questions
Chigroo Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in other, within the manufacturing industry. It was incorporated on 15 November 2017 (9+ years old) and is registered under CIN U36999KA2017PTC107904.
Chigroo Labs has 2 current directors:
- Radhika Bharath Patil - Director
- Bharath Patil - Director
The latest financial statements of Chigroo Labs on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
No. Chigroo Labs has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Chigroo Labs is U36999KA2017PTC107904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chigroo Labs was incorporated on 15 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Chigroo Labs has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.25 Cr; the latest was in February 2018.
Bharath Patil ceased to be Additional Director on 29 Dec 2018. Bharath Patil was appointed as Director on 11 Jan 2018. Nitin Kantilal Gandhi ceased to be Director on 11 Jan 2018. Chigroo Labs has 4 board changes on record in total.
Yes, Chigroo Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Chigroo Labs can be reached through the website cradlewise.com. Its registered office is in Bangalore, Karnataka, India.