About Giglabz Private Limited
Data last updated:
Giglabz Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2020PTC132204. Its GSTIN is 29AAICG2065Q1ZY (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹18.69 Lakh. It is led by directors Sukesh Krishna Moorthy (Managing Director) and Sreedevi Nagammal.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21.2 Lakh (net margin 1.2%) and EBITDA of ₹60.98 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 128% over three years.
The company has about 31 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: GigLabz. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹46 Lakh; the latest was in October 2022. Its 10 peer companies in the same principal business activity (Other support services to organizations) are compared by revenue, 5 larger and 5 smaller; the largest is Bhupender Enterprises Private Limited with revenue of ₹18.13 Cr.
For more details, the company can be reached via its website giglabz.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBhive Workspace No.467/468, Shri Krishna Temple Road 1 Stage, Bangalore, Karnataka, India – 560038
- 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 Giglabz Private Limited
The main business activity of Giglabz is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Giglabz Private Limited FY 2025 filings available
Giglabz Private Limited reported revenue of ₹18.06 Cr (up 247% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Giglabz Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 128% over three years, including 247% growth in the latest year. EBITDA rose 150% 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 Giglabz 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 | ₹60.98 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.2 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 of Giglabz Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 Giglabz are in the company report.
Financial statements from FY 2020
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 Giglabz Private Limited
Giglabz Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other support services to organizations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhupender Enterprises Private Limited | ₹18.13 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Ahmedabad, Gujarat, India |
| Rewardport Corporate Solutions Private Limited | ₹18.12 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Ladco Galvanizers Private Limited | ₹18.09 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Gummudipoondi, Tamil Nadu, India |
| Acceligize Business Services Private Limited | ₹18.07 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Pune, Maharashtra, India |
| SVP Philanthropy Foundation | ₹18.07 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Bangalore, Karnataka, India |
| Giglabz Private Limited this company | ₹18.06 Cr (FY 2024) | •••• | •••• | 247.0% | •••• | Bangalore, Karnataka, India |
| Mhaspl Services Private Limited | ₹18.02 Cr (FY 2024) | •••• | •••• | 254.0% | •••• | Ernakulam, Kerala, India |
| Indoman Steel Suppliers Private Limited | ₹18.01 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Mumbai, Maharashtra, India |
| Digitext Technologies (India) Private Limited | ₹17.99 Cr (FY 2023) | •••• | •••• | 86.0% | •••• | Lucknow, Uttar Pradesh, India |
| Nirman Services Private Limited | ₹17.97 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Ranchi, Jharkhand, India |
| Parth Nexgen Services Private Limited | ₹17.96 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Giglabz by revenue in the same principal business activity (Other support services to organizations), 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 Giglabz Private Limited
Giglabz Private Limited is audited by Shivaprasada Prashanth & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shivaprasada Prashanth & 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 Giglabz Private Limited
Giglabz 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 |
|---|---|---|---|---|
| Sreedevi Nagammal | Director | 31 Jan 2020 | 6 Years 8 Months | Current |
| Sukesh Krishna Moorthy | Managing Director | 31 Jan 2020 | 6 Years 8 Months | Current |
Ownership and Shareholding of Giglabz 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 Giglabz Private Limited
Giglabz Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Giglabz Private Limited
Giglabz Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹46 Lakh; the latest was in October 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Funding round | ₹30 Lakh | Investors: 2 individuals |
| Mar 2022 | Rights issue | ₹50 Lakh | Investors: an individual |
| Aug 2021 | Funding round | ₹16 Lakh | Investors: 2 individuals |
Full deal history
All 3 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 Giglabz Private Limited
Giglabz operates one associated brand: GigLabz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers IT consultancy, advisory, and app development services. | giglabz.com |
Employees and EPFO Compliance at Giglabz Private Limited
Giglabz Private Limited has a workforce of 31 employees as of Mar 27, 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.
Group Structure of Giglabz Private Limited
Giglabz has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Wirtualway Technologies Private Limited | U72900KA2020PTC140393 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Giglabz Private Limited
Giglabz Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Sunil Cherian Korah ceased to be Additional Director on 15 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Giglabz 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 Giglabz 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 Giglabz 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 Giglabz Private Limited
Giglabz has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICG2065Q1ZY | Karnataka | Active | 03 Mar 2020 |
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 Giglabz 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 Giglabz Private Limited
Giglabz is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 31 January 2020 (6+ years old) and is registered under CIN U72200KA2020PTC132204.
Giglabz reported revenue of ₹18.06 Cr for FY 2024 (up 247% YoY).
Giglabz has 2 current directors:
- Sukesh Krishna Moorthy - Managing Director
- Sreedevi Nagammal - Director
Giglabz reported a net profit of ₹21.2 Lakh (net margin 1.2%) and EBITDA of ₹60.98 Lakh (EBITDA margin 3.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Giglabz is 128% over three years. In the latest year (FY 2024) revenue rose 247%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Giglabz is 29AAICG2065Q1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Giglabz is U72200KA2020PTC132204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Giglabz was incorporated on 31 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Giglabz has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹46 Lakh; the latest was in October 2022.
The peers of Giglabz by revenue are Bhupender Enterprises Private Limited, Rewardport Corporate Solutions Private Limited, Ladco Galvanizers Private Limited, Acceligize Business Services Private Limited, SVP Philanthropy Foundation and 5 more, all in the same principal business activity (Other support services to organizations).
Sunil Cherian Korah ceased to be Additional Director on 15 Sep 2022. Sukesh Krishna Moorthy ceased to be Director on 05 Nov 2021. Sreedevi Nagammal was appointed as Director on 31 Jan 2020. Giglabz has 4 board changes on record in total.