Growthlet Labs Private Limited

Growthlet Labs Private Limited - electrnoics in Bengaluru, Karnataka, India. Directors, charges & compliance details.
CIN U72500KA2018PTC111613 Incorporated 23 March 2018 ROC Bangalore HQ Bengaluru, Karnataka, India
Struck Off Private Limited Company electrnoics
Data last updated
Revenue · FY 2020
₹4.06 Lakh
▼ 6% YoY
Net profit · FY 2020
₹63,950
Net margin 15.7%
EBITDA · FY 2020
₹84,989
EBITDA margin 20.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹60,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Growthlet Labs Private Limited

Data last updated:

Growthlet Labs Private Limited was a private limited company based in Bengaluru, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the maintenance and repair of computing machinery segment of the electronics sector. It was incorporated on 23 March 2018.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72500KA2018PTC111613. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹60,000. It was led by directors Ayan Chaki and Prasanna Bableshwar.

Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Flat No. B202 Jain Heights East Parade L Narayana Reddy Road Basavanagar, Bengaluru, Karnataka, India – 560037.

As per the financials filed for FY 2020, the company reported a revenue of ₹4.06 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹63,950 (net margin 15.7%) and EBITDA of ₹84,989 (EBITDA margin 20.9%).

The last known website on record is growthlet.com.

Company details

CIN U72500KA2018PTC111613
Registration Number 111613
Incorporation Date 23 March 2018
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 28 December 2020
Date of Balance Sheet 31 March 2020

Contact details

Growthlet Labs Private Limited's registered office is in Bengaluru, Karnataka. Its website is growthlet.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Flat No. B202 Jain Heights East Parade L Narayana Reddy Road Basavanagar, Bengaluru, Karnataka, India – 560037
  • Industry
    Electrnoics, Maintenance And Repair Of Computing Machinery

To see the full contact details of Growthlet Labs Private Limited, buy the company report.

Comprehensive company report
Growthlet Labs Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Growthlet Labs is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Growthlet Labs Private Limited, buy the company report.

Financials of Growthlet Labs Private Limited

FY 2020 filings available

Growthlet Labs Private Limited reported revenue of ₹4.06 Lakh (down 6% YoY) for FY 2020.

Revenue · FY 2020
₹4.06 Lakh ▼ 6%
Net profit · FY 2020
₹63,950 margin 15.7%
EBITDA · FY 2020
₹84,989 margin 20.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
EBITDA CAGR growth
1 year
▲ 232%

Revenue fell 6% in the latest year. EBITDA rose 232% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹4.06 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹84,989
Profit Before Tax
Tax Expense
Net Profit (PAT)₹63,950
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

MetricsFY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin20.9%
Net Profit Margin15.7%
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

To see the full financial statements and ratios of Growthlet Labs Private Limited, buy the company report.

Board of directors of Growthlet Labs Private Limited

Growthlet Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ayan ChakiDirector23 Mar 20188 Years 7 MonthsAs last reported
Prasanna BableshwarDirector23 Mar 20188 Years 7 MonthsAs last reported

Peer comparison

Growthlet Labs Private Limited is compared with the 10 companies closest to it 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hyfn Games Private Limited₹4.08 Lakh (FY 2018)Delhi, India
Unica Token Private Limited₹4.07 Lakh (FY 2024)567.0%Mumbai, Maharashtra, India
Akana Software Engineering India Private Limited₹4.07 Lakh (FY 2017)-99.0%Hyderabed, Telangana, India
Noon Technologies Private Limited₹4.07 Lakh (FY 2024)25.0%Palai, Kerala, India
Ijal Eye Techno Solution Private Limited₹4.06 Lakh (FY 2021)-39.0%Sikar, Rajasthan, India
Growthlet Labs Private Limitedthis company₹4.06 Lakh (FY 2020)₹63,95015.7%-6.0%Bengaluru, Karnataka, India
Victory Oaks Technologies Private Limited₹4.06 Lakh (FY 2024)New Delhi, Delhi, India
Brightbulb Technology Solutions Private Limited₹4.06 Lakh (FY 2025)1403.0%Bengaluru, Karnataka, India
Inblue Infotech (OPC) Private Limited₹4.05 Lakh (FY 2025)110.0%Chennai, Tamil Nadu, India
Rossum Computing Private Limited₹4.05 Lakh (FY 2021)-78.0%Hyderabad, Telangana, India
Diston Infotech Private Limited₹4.04 Lakh (FY 2022)31.0%Dehradun, Uttarakhand, India

To see the full peer comparison of Growthlet Labs Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Growthlet Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Growthlet Labs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Growthlet Labs Private Limited, buy the company report.

Recent activity

Growthlet Labs Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Bhavana Shivajirao Gavade ceased to be Director on 05 Mar 2019.

AGM
Growthlet Labs Private Limited last Annual general meeting of members was held on 28 Dec 2020 as per latest MCA records.
Filing
Growthlet Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Ceased
Bhavana Shivajirao Gavade ceased to be Director.
Appointed
Ayan Chaki was appointed as Director.
Appointed
Prasanna Bableshwar was appointed as Director.
Incorporation
23 Mar 2018
Growthlet Labs Private Limited was registered on 23 Mar 2018 with Roc Bangalore & aged 8 years 7 months as per MCA records.

Frequently asked questions

Growthlet Labs has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Growthlet Labs was a private limited company based in Bengaluru, Karnataka, India. The company worked in maintenance and repair of computing machinery, within the electronics industry. It was incorporated on 23 March 2018 and is registered under CIN U72500KA2018PTC111613. The company has been struck off by the Registrar of Companies and is no longer operational.

Growthlet Labs had 2 directors:

The CIN (Corporate Identification Number) of Growthlet Labs is U72500KA2018PTC111613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Growthlet Labs is at Flat No. B202 Jain Heights East Parade L Narayana Reddy Road Basavanagar, Bengaluru, Karnataka, India – 560037.

Growthlet Labs was incorporated on 23 March 2018. It is registered with the Registrar of Companies, Bangalore.

Growthlet Labs can be reached through the website growthlet.com. Its registered office is in Bengaluru, Karnataka, India.

The latest financial statements of Growthlet Labs on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 December 2020. Year-wise statements from FY 2018 are in the company report.

No. Growthlet Labs has 1 GST registration on record and it is cancelled or inactive.

Growthlet Labs operated in the electronics industry, in the maintenance and repair of computing machinery segment. It worked in this industry before it was struck off.

The peers of Growthlet Labs by revenue are Hyfn Games Private Limited, Unica Token Private Limited, Akana Software Engineering India Private Limited, Noon Technologies Private Limited, Ijal Eye Techno Solution Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).