About Greet Labs Private Limited
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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 The company has 1 GST registration on record, which is no longer active.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.
Company details
Contact details
Greet Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is greetlabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 4 2nd Floor Orr Banaswadi Near Bhagini Restaurant, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Greet 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
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Greet Labs Private Limited, buy the company report.
Financials of Greet Labs Private Limited
FY 2019 filings availableGreet Labs Private Limited reported revenue of ₹45,000 (down 72% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
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
| 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 | |||
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| Inventories | |||
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| Total Assets | |||
Financial Ratios
| 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 | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Greet Labs Private Limited, buy 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 4 Months | Current |
| Koncha Narasimha Reddy | Director | 16 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Greet Labs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| 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 Limitedthis company | ₹45,000 (FY 2019) | ₹318 | 0.7% | -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 |
To see the full peer comparison of Greet Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Greet 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 Greet Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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.
To see the full GST registrations and return filing status of Greet Labs Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Sunanda - Director
- Koncha Narasimha Reddy - Director
The latest financial statements of Greet Labs on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
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.
Greet Labs operates in the information technology industry, in the other computer related activities segment.
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