- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-50-0005781

Ethiccurate Services Private Limited
About Ethiccurate Services Private Limited
Data last updated:
Ethiccurate Services Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U74999UP2018PTC108245.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Megha Negi and Saptarshi Bajpai.
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 B – 1/98 D Sector – G Jankipuram, Lucknow, Uttar Pradesh, India – 226021.
As per the financials filed for FY 2025, the company reported a revenue of ₹62,178, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹11,271 (net margin -18.1%) and EBITDA of -₹8,894 (EBITDA margin -14.3%). Revenue has declined at a compounded annual rate (CAGR) of 29% over five years.
Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Ethiccurate Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-50-0005781).
Company details
Recognitions & Rankings of Ethiccurate Services
Contact details
Ethiccurate Services Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressB – 1/98 D Sector – G Jankipuram, Lucknow, Uttar Pradesh, India – 226021
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Ethiccurate Services 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
Business activity
The main business activity of Ethiccurate Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Ethiccurate Services Private Limited, buy the company report.
Financials of Ethiccurate Services Private Limited
FY 2025 filings availableEthiccurate Services Private Limited reported revenue of ₹62,178 (down 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 75% fall in the latest year. EBITDA fell 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹8,894 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11,271 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14.3% | ||||
| Net Profit Margin | -18.1% | ||||
| 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 Ethiccurate Services Private Limited, buy the company report.
Board of directors of Ethiccurate Services Private Limited
Ethiccurate Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Megha Negi | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Saptarshi Bajpai | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Ethiccurate Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Quasix Solutions Private Limited | ₹62,628 (FY 2021) | -99.0% | Hindmotor, West Bengal, India | |||
| PMJ Umbrella Corporate Advisors Private Limited | ₹62,535 (FY 2024) | -72.0% | Mumbai, Maharashtra, India | |||
| Kalsi Robotics Private Limited | ₹62,339 (FY 2021) | 44.0% | Nanakpura, Punjab, India | |||
| Payzaa India Private Limited | ₹62,226 (FY 2024) | 2096.0% | Allahabad, Uttar Pradesh, India | |||
| Gaucari Technologies Private Limited | ₹62,200 (FY 2025) | -85.0% | Bhubaneswar, Odisha, India | |||
| Ethiccurate Services Private Limitedthis company | ₹62,178 (FY 2025) | -₹11,271 | -18.1% | -75.0% | Lucknow, Uttar Pradesh, India | |
| Marutham Networks Private Limited | ₹62,123 (FY 2025) | -66.0% | Namakkal, Tamil Nadu, India | |||
| Nandanamjobs HR Consultancy (OPC) Private Limited | ₹62,100 (FY 2021) | 619.0% | Kochi, Kerala, India | |||
| Kanchan Multimedia Private Limited | ₹62,096 (FY 2024) | -55.0% | Mumbai, Maharashtra, India | |||
| Levantek Solutions Private Limited | ₹62,059 (FY 2024) | 24.0% | Hyderabad, Telangana, India | |||
| Shinja Private Limited | ₹62,024 (FY 2020) | -90.0% | Delhi, India |
To see the full peer comparison of Ethiccurate Services Private Limited, buy the company report.
Legal cases
Ethiccurate Services Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 2 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed against the company | Pending |
| Allahabad High Court | Writ petition | Filed against the company | Disposed |
To see the full case history of Ethiccurate Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ethiccurate Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ethiccurate Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ethiccurate Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Megha Negi was appointed as Director on 20 Sep 2018.
Frequently asked questions
Ethiccurate Services is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U74999UP2018PTC108245.
Ethiccurate Services has 2 current directors:
- Megha Negi - Director
- Saptarshi Bajpai - Director
The latest financial statements of Ethiccurate Services 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 2019 are in the company report.
The CIN (Corporate Identification Number) of Ethiccurate Services is U74999UP2018PTC108245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethiccurate Services has 3 court cases on record: 3 filed against it. 2 are pending.
Ethiccurate Services was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Ethiccurate Services by revenue are Quasix Solutions Private Limited, PMJ Umbrella Corporate Advisors Private Limited, Kalsi Robotics Private Limited, Payzaa India Private Limited, Gaucari Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Megha Negi was appointed as Director on 20 Sep 2018. Saptarshi Bajpai was appointed as Director on 20 Sep 2018.
Yes, Ethiccurate Services is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-50-0005781).
The registered office of Ethiccurate Services is at B – 198 D Sector – G Jankipuram, Lucknow, Uttar Pradesh, India – 226021.
Ethiccurate Services operates in the business services industry, in the miscellaneous business activities segment.