About Elemential Labs Private Limited
Data last updated:
Elemential Labs Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 November 2016.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC287898. Its GSTIN is 27AAECE4521D1Z2 (Maharashtra).
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹4.89 Lakh. It is led by directors Sahil Ashok Kathpal and Raunaq Vijay Vaisoha.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 101/102 Ashiyna Plot No 2316 11th Road Santacruz East, Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.37 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹1.64 Cr and EBITDA of -₹1.55 Cr. Revenue has declined at a compounded annual rate (CAGR) of 76% over three years.
The company is associated with 1 brand: Elemential. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹6.18 Cr; the latest was in April 2018. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is RSN Infotech Private Limited with revenue of ₹1.37 Lakh.
The last known website on record is elemential.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address101/102 Ashiyna Plot No 2316 11th Road Santacruz East, Mumbai, Maharashtra, India – 400055
- IndustryInformation Technology, Application Development & Software Solutions
- 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 of Elemential Labs Private Limited
The main business activity of Elemential Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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
Verified entity values are shown only after access is granted.
Financials of Elemential Labs Private Limited FY 2021 filings available
Elemential Labs Private Limited reported revenue of ₹1.37 Lakh (down 96% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Elemential Labs Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 76% over three years, including a 96% fall in the latest year. EBITDA fell 49% 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 of Elemential Labs Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹1.55 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.64 Cr | •••• | •••• | •••• | •••• |
| 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 of Elemential Labs Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots 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 Elemential Labs are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Elemential Labs Private Limited
Elemential Labs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RSN Infotech Private Limited | ₹1.37 Lakh (FY 2025) | •••• | •••• | -81.0% | •••• | Chennai, Tamil Nadu, India |
| Gaurvin Fashion Apparels Private Limited | ₹1.37 Lakh (FY 2024) | •••• | •••• | 96.0% | •••• | Bangalore, Karnataka, India |
| Wipster Technologies Private Limited | ₹1.37 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Bhubaneswar, Odisha, India |
| Apsp Inet Applications (OPC) Private Limited | ₹1.37 Lakh (FY 2024) | •••• | •••• | -49.0% | •••• | Guntur, Andhra Pradesh, India |
| Digital Documentation Systems Private Limited | ₹1.37 Lakh (FY 2025) | •••• | •••• | 188.0% | •••• | Ahmedabad, Gujarat, India |
| Elemential Labs Private Limited this company | ₹1.37 Lakh (FY 2021) | •••• | •••• | -96.0% | •••• | Mumbai, Maharashtra, India |
| Kati Software Solutions Private Limited | ₹1.37 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Jem Ecart Private Limited | ₹1.37 Lakh (FY 2023) | •••• | •••• | -89.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Godspeed Retails Private Limited | ₹1.37 Lakh (FY 2022) | •••• | •••• | -81.0% | •••• | New Delhi, Delhi, India |
| Glix Solutions Private Limited | ₹1.37 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Visolve Net India Private Limited | ₹1.37 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Elemential Labs by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Elemential Labs Private Limited
Elemential Labs Private Limited is audited by BANSHI JAIN & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BANSHI JAIN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Elemential Labs Private Limited
Elemential Labs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Ashok Kathpal | Director | 23 Nov 2016 | 9 Years 10 Months | As last reported |
| Raunaq Vijay Vaisoha Also directs: Certus Innovations Private Limited | Director | 26 Feb 2018 | 8 Years 7 Months | As last reported |
Ownership and Shareholding of Elemential Labs Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elemential Labs Private Limited
Elemential Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Elemential Labs Private Limited
Elemential Labs Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹6.18 Cr; the latest was in April 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Funding round · Seed | ₹6.18 Cr | Investors: Z47 (Matrix Partners India), Digital Currency Group Inc, In Entertainment (India) Limited , an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Elemential Labs Private Limited
Elemential Labs operates one associated brand: Elemential. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Blockchain-enabled platforms for application development are provided. | elemential.com |
Employees and EPFO Compliance at Elemential Labs Private Limited
Employment history and EPFO contributions of people linked to Elemential Labs.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Elemential Labs Private Limited
Elemential Labs Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Raunaq Vijay Vaisoha ceased to be Additional Director on 17 Apr 2018.
Credit Ratings, Litigation & Regulatory Alerts for Elemential Labs Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Elemential Labs Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Elemential Labs Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Elemential Labs Private Limited
Elemential Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE4521D1Z2 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Elemential Labs Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Elemential Labs Private Limited
Frequently Asked Questions about Elemential Labs Private Limited
Elemential Labs 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.
Elemential Labs is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 November 2016 and is registered under CIN U74999MH2016PTC287898. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Elemential Labs reported revenue of ₹1.37 Lakh for FY 2021 (down 96% YoY).
Elemential Labs has 2 current directors:
- Sahil Ashok Kathpal - Director
- Raunaq Vijay Vaisoha - Director
Elemential Labs reported a net loss of ₹1.64 Cr and EBITDA of -₹1.55 Cr for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elemential Labs is -76% over three years. In the latest year (FY 2021) revenue fell 96%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Elemential Labs is U74999MH2016PTC287898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elemential Labs was incorporated on 23 November 2016. It is registered with the Registrar of Companies, Mumbai.
Elemential Labs has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹6.18 Cr; the latest was in April 2018.
The peers of Elemential Labs by revenue are RSN Infotech Private Limited, Gaurvin Fashion Apparels Private Limited, Wipster Technologies Private Limited, Apsp Inet Applications (OPC) Private Limited, Digital Documentation Systems Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Raunaq Vijay Vaisoha ceased to be Additional Director on 17 Apr 2018. Anilkishen Dukkipatty ceased to be Director on 08 Mar 2018. Raunaq Vijay Vaisoha was appointed as Director on 26 Feb 2018. Elemential Labs has 4 board changes on record in total.