- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0042541

About Glens Innovation Labs Private Limited
Data last updated:
Glens Innovation Labs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 20 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC102446. Its GSTIN is 33AAGCG8023N1ZF (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sivarajan Moni Chelvan and Mahesh Dhanasingh.
Its last annual general meeting (AGM) was held on 04 November 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 2025, the company reported a revenue of ₹4.33 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹21.71 Lakh (net margin 5%) and EBITDA of ₹63.85 Lakh (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 16% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.65 Cr on record.
Glens Innovation Labs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0042541). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glenslabs.com.
Company details
Recognitions & Rankings of Glens Innovation Labs
Contact details
Glens Innovation Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is glenslabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.70 6th Main Road, Venkatamma Msr Colony Mathikere, Bangalore, Karnataka, India – 560054
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Glens Innovation Labs 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 Glens Innovation Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Glens Innovation Labs Private Limited, buy the company report.
Financials of Glens Innovation Labs Private Limited
FY 2025 filings availableGlens Innovation Labs Private Limited reported revenue of ₹4.33 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 50% 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 | ₹63.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.71 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | ||||
| Net Profit Margin | 5% | ||||
| 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 Glens Innovation Labs Private Limited, buy the company report.
Board of directors of Glens Innovation Labs Private Limited
Glens Innovation Labs has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivarajan Moni Chelvan | Director | 27 Jan 2023 | 3 Years 9 Months | Current |
| Mahesh Dhanasingh | Director | 27 Jan 2023 | 3 Years 9 Months | Current |
| Muthukumarasamy Ramesh Also directs: Neoscience Labs Private Limited, Neoscience Instruments Private Limited, Neoscience Pharma Services Private Limited and 2 more | Director | 27 Jan 2023 | 3 Years 9 Months | Current |
| Subramani Dillibabu | Director | 05 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Glens Innovation Labs Private Limited is audited by Balakrishna and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Balakrishna and Co | FY 2023 | 004835S |
Shareholding
The shareholding of Glens Innovation Labs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glens Innovation Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2025 | 101231956 | Others | ₹90 Lakh | Open | |
| 18 May 2023 | 100825042 | Hdfc Bank Limited | ₹75 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Glens Innovation 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 Glens Innovation Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Glens Innovation Labs Private Limited has a workforce of 26 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Glens Innovation Labs has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCG8023N1ZF | Tamil Nadu | Active | 19 Dec 2018 |
To see the full GST registrations and return filing status of Glens Innovation Labs Private Limited, buy the company report.
Recent activity
Glens Innovation Labs Private Limited has 10 board changes on record since 2023: 4 appointments and 6 cessations. The latest: Smita Bhadury ceased to be Director on 16 May 2024.
3 earlier events are in the company report.
Frequently asked questions
Glens Innovation Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 20 April 2017 (9+ years old) and is registered under CIN U74999KA2017PTC102446.
Glens Innovation Labs has 4 current directors:
- Sivarajan Moni Chelvan - Director
- Mahesh Dhanasingh - Director
- Muthukumarasamy Ramesh - Director
- Subramani Dillibabu - Director
The latest financial statements of Glens Innovation Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 November 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Glens Innovation Labs is 33AAGCG8023N1ZF, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Glens Innovation Labs is U74999KA2017PTC102446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glens Innovation Labs was incorporated on 20 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Smita Bhadury ceased to be Director on 16 May 2024. Mahesh Dhanasingh ceased to be Additional Director on 29 Sep 2023. Muthukumarasamy Ramesh ceased to be Additional Director on 29 Sep 2023. Glens Innovation Labs has 10 board changes on record in total.
Yes, Glens Innovation Labs is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0042541).
Glens Innovation Labs can be reached through the website glenslabs.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Glens Innovation Labs is at No.70 6th Main Road, Venkatamma Msr Colony Mathikere, Bangalore, Karnataka, India – 560054.

