About Greet Labs Private Limited
Data last updated:
Greet Labs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 16 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC094172. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunanda and Koncha Narasimha Reddy.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at # 4 2nd Floor Orr Banaswadi Near Bhagini Restaurant, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2019, the company reported a revenue of ₹45,000, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹318 (net margin 0.7%) and EBITDA of ₹30,000 (EBITDA margin 66.7%).
The company is associated with 1 brand: Greet Labs.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greetlabs.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address# 4 2nd Floor Orr Banaswadi Near Bhagini Restaurant, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, Other Computer Related Activities
- 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 Greet Labs Private Limited
The main business activity of Greet Labs is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Greet Labs Private Limited FY 2019 filings available
Greet Labs Private Limited reported revenue of ₹45,000 (down 72% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Greet Labs Private Limited
Revenue fell 72% in the latest year. EBITDA rose 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Greet Labs Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹45,000 | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹30,000 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹318 | •••• | •••• |
| 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 Greet Labs Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 66.7% | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• |
| 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 Greet 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 Greet Labs Private Limited
Greet Labs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Data processing, hosting and related activities; web portal). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Destiny Goods Private Limited | ₹45,597 (FY 2017) | •••• | •••• | -15.0% | •••• | Kolkata, West Bengal, India |
| Chandran Technologies Private Limited | ₹45,500 (FY 2024) | •••• | •••• | 184.0% | •••• | Hyderabad, Telangana, India |
| Pb&S Indiamerch Private Limited | ₹45,339 (FY 2021) | •••• | •••• | 6.0% | •••• | Thiruvananthapuram, Kerala, India |
| Elect Vintrade Private Limited | ₹45,230 (FY 2017) | •••• | •••• | -17.0% | •••• | Kolkata, West Bengal, India |
| Greet Labs Private Limited this company | ₹45,000 (FY 2019) | •••• | •••• | -72.0% | •••• | Bangalore, Karnataka, India |
| Getset Code Developers Private Limited | ₹45,000 (FY 2016) | •••• | •••• | •••• | Dehradun, Uttarakhand, India | |
| E Marcon Media Private Limited | ₹44,100 (FY 2025) | •••• | •••• | 12.0% | •••• | Jaipur, Rajasthan, India |
| Rashmi Infotech Private Limited | ₹44,019 (FY 2016) | •••• | •••• | -44.0% | •••• | Mumbai, Maharashtra, India |
| Engineerix Telesoft Private Limited | ₹42,906 (FY 2025) | •••• | •••• | -65.0% | •••• | Kolkata, West Bengal, India |
| Elsolve IT Private Limited | ₹42,900 (FY 2024) | •••• | •••• | •••• | Vadodara, Gujarat, India | |
| Future Vincom Private Limited | ₹42,587 (FY 2017) | •••• | •••• | -30.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Greet Labs by revenue in the same principal business activity (Data processing, hosting and related activities; web portal), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Greet Labs Private Limited
Greet Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunanda | Director | 16 Jun 2016 | 10 Years 3 Months | Current |
| Koncha Narasimha Reddy | Director | 16 Jun 2016 | 10 Years 3 Months | Current |
Ownership and Shareholding of Greet 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 Greet Labs Private Limited
Greet Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Greet Labs Private Limited
Greet Labs operates one associated brand: Greet Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT solutions and mobile app development services by Greet Labs in Bangalore. | greetlabs.com |
Employees and EPFO Compliance at Greet Labs Private Limited
Employment history and EPFO contributions of people linked to Greet 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 Greet Labs Private Limited
Greet Labs Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Koncha Narasimha Reddy was appointed as Director on 16 Jun 2016.
Credit Ratings, Litigation & Regulatory Alerts for Greet 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 Greet 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 Greet 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 Greet Labs Private Limited
Greet Labs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Greet 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 Greet Labs Private Limited
Greet Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 16 June 2016 (10+ years old) and is registered under CIN U72900KA2016PTC094172.
Greet Labs reported revenue of ₹45,000 for FY 2019 (down 72% YoY).
Greet Labs has 2 current directors:
- Sunanda - Director
- Koncha Narasimha Reddy - Director
Greet Labs reported a net profit of ₹318 (net margin 0.7%) and EBITDA of ₹30,000 (EBITDA margin 66.7%) for FY 2019, as per its filed financial statements.
No. Greet Labs has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Greet Labs is U72900KA2016PTC094172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greet Labs was incorporated on 16 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Greet Labs by revenue are Destiny Goods Private Limited, Chandran Technologies Private Limited, Pb&S Indiamerch Private Limited, Elect Vintrade Private Limited, Getset Code Developers Private Limited and 5 more, all in the same principal business activity (Data processing, hosting and related activities; web portal).
Koncha Narasimha Reddy was appointed as Director on 16 Jun 2016. Sunanda was appointed as Director on 16 Jun 2016.
Greet Labs can be reached through the website greetlabs.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Greet Labs is at # 4 2nd Floor Orr Banaswadi Near Bhagini Restaurant, Bangalore, Karnataka, India – 560043.