About HPS Lab Designs Private Limited
Data last updated:
HPS Lab Designs Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2016PTC283344. Its GSTIN is 27AADCH9222R1ZZ (Maharashtra). The company holds 12 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.62 Cr. It is led by directors Shailendra Singh and Gaurav Verma.
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 Sector 15, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.04 Cr, a growth of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.37 Cr (net margin -13.7%) and EBITDA of -₹65.1 Lakh (EBITDA margin -6.5%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 33% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Ajjas and HPS Lab Designs. As per MCA filings, the company has open charges of ₹2.95 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 12 deals on record (5 funding rounds, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹10.83 Cr; the latest was in April 2022. Its 10 peer companies in the same principal business activity (Computer, electronic, Communication and scientific measuring & control equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Vamtech Energy Solutions Private Limited with revenue of ₹10.21 Cr. The company has 4 MSME Form 1 returns on record between 2021 and 2024, listing 37 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hpslabdesigns.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No A 1304 – 1305 Shelthon Sapphire Plot No 18/19 Sector 15 Palm Beach Road Belapu, R, Navi Mumbai, Maharashtra, India – 400614
- IndustryInformation Technology, IT Consulting & Support Services
- 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 HPS Lab Designs Private Limited
The main business activity of HPS Lab Designs is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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 HPS Lab Designs Private Limited FY 2025 filings available
HPS Lab Designs Private Limited reported revenue of ₹10.04 Cr (up 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of HPS Lab Designs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 99% growth in the latest year. EBITDA rose 48% 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 HPS Lab Designs Private Limited
| 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 | -₹65.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.37 Cr | •••• | •••• | •••• | •••• |
| 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 HPS Lab Designs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -13.7% | •••• | •••• | •••• | •••• |
| 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 HPS Lab Designs 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 HPS Lab Designs Private Limited
HPS Lab Designs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer, electronic, Communication and scientific measuring & control equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vamtech Energy Solutions Private Limited | ₹10.21 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
| Aew Automations Private Limited | ₹10.13 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Howrah, West Bengal, India |
| Maser Electronics Pvt Ltd | ₹10.13 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Mumbai, Maharashtra, India |
| Sonodyne Electronics Co. Private Limited | ₹10.11 Cr (FY 2017) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| Green Pearl Electronics Private Limited | ₹10.09 Cr (FY 2018) | •••• | •••• | 53.0% | •••• | Kattankulathur, Tamil Nadu, India |
| HPS Lab Designs Private Limited this company | ₹10.04 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Navi Mumbai, Maharashtra, India |
| Zestiot Technologies Private Limited | ₹10.03 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Karnal, Haryana, India |
| Ashe Controls Private Limited | ₹10 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| A.U.T.O. Wires Private Limited | ₹9.99 Cr (FY 2024) | •••• | •••• | -35.0% | •••• | Delhi, India |
| Cautoni Swastik Instruments (India) Private Limited | ₹9.94 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Ahmedabad, Gujarat, India |
| Indpro Electronic Systems (India) Private Limited | ₹9.9 Cr (FY 2024) | •••• | •••• | 93.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below HPS Lab Designs by revenue in the same principal business activity (Computer, electronic, Communication and scientific measuring & control equipment), 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 HPS Lab Designs Private Limited
HPS Lab Designs Private Limited is audited by Urvi Gandhi & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Urvi Gandhi & 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 HPS Lab Designs Private Limited
HPS Lab Designs 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 |
|---|---|---|---|---|
| Shailendra Singh | Director | 16 Jan 2019 | 7 Years 8 Months | Current |
| Gaurav Verma | Director | 06 Jul 2016 | 10 Years 3 Months | Current |
Ownership and Shareholding of HPS Lab Designs 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 HPS Lab Designs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jun 2025 | Others | ₹2 Cr | Open |
| 02 Dec 2017 | Others | ₹95 Lakh | Open |
Total charge records: 2 View all charges
Deals & Funding of HPS Lab Designs Private Limited
HPS Lab Designs Private Limited has 12 deals on record (5 funding rounds, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹10.83 Cr; the latest was in April 2022.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Funding round | ₹5.93 Cr | Investors: Refex Capital, Kennis, an individual |
| Dec 2020 | Funding round | ₹64.8 Lakh | Investors: Hindustan Petroleum Corporation Limited |
| Sep 2020 | Rights issue | ₹3 Lakh | Investors: an individual |
| Sep 2020 | Funding round | ₹35 Lakh | Investors: Hindustan Petroleum Corporation Limited |
| Sep 2019 | Rights issue | ₹50,000 | Investors: 3 individuals |
Full deal history
All 12 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.
Legal Cases of HPS Lab Designs Private Limited
HPS Lab Designs Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by HPS Lab Designs Private Limited
HPS Lab Designs Private Limited has 4 MSME Form 1 returns on record between 2021 and 2024, listing 37 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ikon Moulders Private Limited | •••• | •••• | •••• |
| Jorden & Sky Advisors LLP | •••• | •••• | •••• |
| Evelta Electronics Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with HPS Lab Designs Private Limited
HPS Lab Designs operates two associated brands: Ajjas and HPS Lab Designs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ajjas is focused on providing innovative IoT GPS solutions. | ajjas.com | |
| Tailored IoT GPS solutions are provided for multiple sectors. | hpslabdesigns.com |
Employees and EPFO Compliance at HPS Lab Designs Private Limited
HPS Lab Designs Private Limited has a workforce of 51 employees as of Mar 29, 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.
Recent Activity on HPS Lab Designs Private Limited
HPS Lab Designs Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Shailendra Singh ceased to be Additional Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for HPS Lab Designs 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.
Subsidiaries & Group Companies of HPS Lab Designs 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 HPS Lab Designs Private Limited
HPS Lab Designs has 12 GST registrations: 12 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH9222R1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 29AADCH9222R1ZV | Karnataka | Active | 03 Aug 2021 |
| 07AADCH9222R1Z1 | Delhi | Active | 07 Jun 2022 |
| 06AADCH9222R1Z3 | Haryana | Active | 05 Sep 2022 |
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 HPS Lab Designs 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 HPS Lab Designs Private Limited
HPS Lab Designs is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 July 2016 (10+ years old) and is registered under CIN U72900MH2016PTC283344.
HPS Lab Designs reported revenue of ₹10.04 Cr for FY 2025 (up 99% YoY).
HPS Lab Designs has 2 current directors:
- Shailendra Singh - Director
- Gaurav Verma - Director
HPS Lab Designs reported a net loss of ₹1.37 Cr (net margin -13.7%) and EBITDA of -₹65.1 Lakh (EBITDA margin -6.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HPS Lab Designs is 75% over three years and 33% over five years. In the latest year (FY 2025) revenue rose 99%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HPS Lab Designs is 27AADCH9222R1ZZ, registered in Maharashtra. The company has 12 GST registrations in all, of which 12 are active. Other active GSTINs include 29AADCH9222R1ZV (Karnataka), 07AADCH9222R1Z1 (Delhi), 06AADCH9222R1Z3 (Haryana).
The CIN (Corporate Identification Number) of HPS Lab Designs is U72900MH2016PTC283344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HPS Lab Designs has 1 court case on record: 1 filed against it.
HPS Lab Designs was incorporated on 06 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
HPS Lab Designs has 12 deals on record (5 funding rounds, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹10.83 Cr; the latest was in April 2022.
The peers of HPS Lab Designs by revenue are Vamtech Energy Solutions Private Limited, Aew Automations Private Limited, Maser Electronics Pvt Ltd, Sonodyne Electronics Co. Private Limited, Green Pearl Electronics Private Limited and 5 more, all in the same principal business activity (Computer, electronic, Communication and scientific measuring & control equipment).
Shailendra Singh ceased to be Additional Director on 30 Sep 2019. Chandrashekhar Sakharam Sakpal ceased to be Director on 16 Jan 2019. Shailendra Singh was appointed as Director on 16 Jan 2019. HPS Lab Designs has 4 board changes on record in total.