About Gapblue Software Labs Private Limited
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Gapblue Software Labs Private Limited is a private limited company based in Ernakualm, Kerala, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2012PTC030807. Its GSTIN is 32AAECG6622P1ZE (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sudeep Chandran and Gireesh Kundathiparambu Rudrakshan.
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 52/1608 1st Floor Elamkulam, Ernakualm, Kerala, India – 682020.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.44 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.43 Cr (net margin 14%) and EBITDA of ₹5.57 Cr (EBITDA margin 22.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
The company has about 124 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gapblue.com.
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- Registered Address52/1608 1st Floor Elamkulam, Ernakualm, Kerala, India – 682020
- IndustryInformation Technology, IT Consulting & Support Services
- 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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Business Activity of Gapblue Software Labs Private Limited
The main business activity of Gapblue Software Labs is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Gapblue Software Labs Private Limited FY 2025 filings available
Gapblue Software Labs Private Limited reported revenue of ₹24.44 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Gapblue Software Labs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 1% growth in the latest year. EBITDA fell 9% 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 Gapblue Software Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.43 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Gapblue Software Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14% | •••• | •••• | •••• | •••• |
| 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 Gapblue Software Labs are in the company report.
Financial statements from 2015
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 Gapblue Software Labs Private Limited
Gapblue Software Labs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Openplay Technologies Private Limited | ₹24.69 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Kolkata, West Bengal, India |
| Rei Systems India Private Limited | ₹24.65 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
| Etg Global Services Private Limited | ₹24.61 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| V Care Support Services Private Limited | ₹24.53 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Gurgaon, Haryana, India |
| Digital Web Solutions Private Limited | ₹24.49 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Gurgaon, Haryana, India |
| Gapblue Software Labs Private Limited this company | ₹24.44 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Ernakualm, Kerala, India |
| Growth Natives Private Limited | ₹24.37 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Moon Technolabs Private Limited | ₹24.36 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ahmedabad, Gujarat, India |
| Dataterrain India Private Limited | ₹24.33 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Chennai, Tamil Nadu, India |
| Ally Wired Soft Solutions Private Limited | ₹24.25 Cr (FY 2023) | •••• | •••• | 60.0% | •••• | New Delhi, Delhi, India |
| Metasports Media Private Limited | ₹24.22 Cr (FY 2025) | •••• | •••• | 262.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Gapblue Software Labs by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Gapblue Software Labs Private Limited
Gapblue Software Labs Private Limited is audited by KRISHNA AND VINOD for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KRISHNA AND VINOD | 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 Gapblue Software Labs Private Limited
Gapblue Software Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudeep Chandran | Director | 20 Mar 2012 | 14 Years 6 Months | Current |
| Gireesh Kundathiparambu Rudrakshan | Director | 20 Mar 2012 | 14 Years 6 Months | Current |
Ownership and Shareholding of Gapblue Software 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 Gapblue Software Labs Private Limited
Gapblue Software Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Gapblue Software Labs Private Limited
Gapblue Software Labs Private Limited has a workforce of 124 employees as of Apr 05, 2024.
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 Gapblue Software Labs Private Limited
Gapblue Software Labs Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Gireesh Kundathiparambu Rudrakshan was appointed as Director on 20 Mar 2012.
Credit Ratings, Litigation & Regulatory Alerts for Gapblue Software 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 Gapblue Software 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 Gapblue Software 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 Gapblue Software Labs Private Limited
Gapblue Software Labs has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECG6622P1ZE | Kerala | Active | 01 Jul 2017 |
| 32AAECG6622P2ZD | Kerala | Active | 22 Nov 2023 |
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 Gapblue Software 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.
Frequently Asked Questions about Gapblue Software Labs Private Limited
Gapblue Software Labs is an active private limited company based in Ernakualm, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 March 2012 (14+ years old) and is registered under CIN U72200KL2012PTC030807.
Gapblue Software Labs reported revenue of ₹24.44 Cr for FY 2024 (up 1% YoY).
Gapblue Software Labs has 2 current directors:
- Sudeep Chandran - Director
- Gireesh Kundathiparambu Rudrakshan - Director
Gapblue Software Labs reported a net profit of ₹3.43 Cr (net margin 14%) and EBITDA of ₹5.57 Cr (EBITDA margin 22.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gapblue Software Labs is 19% over three years and 14% over five years. In the latest year (FY 2024) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gapblue Software Labs is 32AAECG6622P1ZE, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAECG6622P2ZD (Kerala).
The CIN (Corporate Identification Number) of Gapblue Software Labs is U72200KL2012PTC030807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gapblue Software Labs was incorporated on 20 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Gapblue Software Labs by revenue are Openplay Technologies Private Limited, Rei Systems India Private Limited, Etg Global Services Private Limited, V Care Support Services Private Limited, Digital Web Solutions Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Gireesh Kundathiparambu Rudrakshan was appointed as Director on 20 Mar 2012. Sudeep Chandran was appointed as Director on 20 Mar 2012.
Gapblue Software Labs can be reached through the website gapblue.com. Its registered office is in Ernakualm, Kerala, India.