MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0113949
Iglulabs Software Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.47 Cr
▼ 19% YoY
Net loss · FY 2024
₹11.84 Lakh
Net margin -8%
EBITDA · FY 2024
-₹19.89 Lakh
EBITDA margin -13.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
14
Provident fund records
Directors on board
5
As per MCA filings
About Iglulabs Software Private Limited
Data last updated:
Iglulabs Software Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC060811. Its GSTIN is 29AACCI7335K1Z7 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Avyakt Kumar Agarwal and Sangeeta Narayan Sinha.
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 Workflo By Oyo Ranka Junction 80/3 Vijinpur Village Old Madras Road Kr Puram Hubli, Bangalore, Karnataka, India – 560036.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.47 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹11.84 Lakh (net margin -8%) and EBITDA of -₹19.89 Lakh (EBITDA margin -13.5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IgluLabs. Court records list 1 case involving the company, including 1 filed against it.
Iglulabs Software Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0113949). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iglulabs.com.
Company details
CIN U72900KA2011PTC060811
Registration Number 060811
Incorporation Date 13 October 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0113949
Recognitions & Rankings of Iglulabs Software
Contact details
Iglulabs Software Private Limited's registered office is in Bangalore, Karnataka. Its website is iglulabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWorkflo By Oyo Ranka Junction 80/3 Vijinpur Village Old Madras Road Kr Puram Hubli, Bangalore, Karnataka, India – 560036
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Iglulabs Software Private Limited, buy the company report.
Comprehensive company report
Iglulabs Software 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
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Brands
Iglulabs Software operates one associated brand: IgluLabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software development firm builds custom tech products for enterprises and clients. | iglulabs.com |
Business activity
The main business activity of Iglulabs Software is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Iglulabs Software Private Limited, buy the company report.
Financials of Iglulabs Software Private Limited
FY 2025 filings availableIglulabs Software Private Limited reported revenue of ₹1.47 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹1.47 Cr ▼ 19%
Net loss · FY 2024
₹11.84 Lakh margin -8%
EBITDA · FY 2024
-₹19.89 Lakh margin -13.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 4%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 770%
3 years · compounded
▼ 76%
5 years · compounded
▼ 53%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 19% fall in the latest year. EBITDA fell 770% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹19.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.84 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.5% | ||||
| Net Profit Margin | -8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Iglulabs Software Private Limited, buy the company report.
Board of directors of Iglulabs Software Private Limited
Iglulabs Software has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avyakt Kumar Agarwal | Director | 29 Jun 2012 | 14 Years 4 Months | Current |
| Sangeeta Narayan Sinha Also directs: White Owl Technologies LLP | Director | 04 Mar 2019 | 7 Years 8 Months | Current |
| Smit Kant Raturi Also directs: PZP Parking LLP, Valetez Services Private Limited | Director | 13 Oct 2011 | 15 Years 0 Months | Current |
| Mohammad Arif Siddiqui | Director | 04 Mar 2019 | 7 Years 8 Months | Current |
| Vasuta Agarwal | Director | 17 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Iglulabs Software Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harddreams Private Limited | ₹1.48 Cr (FY 2025) | 19.0% | Delhi, India | |||
| Exotic Pride India Private Limited | ₹1.48 Cr (FY 2025) | 63.0% | Delhi, India | |||
| Novosol Mobile Magic Private Limited | ₹1.48 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Sangam Technocrates Private Limited | ₹1.48 Cr (FY 2025) | 5634.0% | Madhya Pradesh, India | |||
| Ridmus Engineering Private Limited | ₹1.48 Cr (FY 2025) | 360.0% | Dibrugarh, Assam, India | |||
| Iglulabs Software Private Limitedthis company | ₹1.47 Cr (FY 2024) | -₹11.84 Lakh | -8% | -19.0% | 14 | Bangalore, Karnataka, India |
| Intellivision Networks Private Limited | ₹1.47 Cr (FY 2025) | -36.0% | Hosur, Tamil Nadu, India | |||
| MMM Info Solutions Private Limited | ₹1.47 Cr (FY 2024) | 38.0% | Raigad, Maharashtra, India | |||
| Intagrit Technology Private Limited | ₹1.47 Cr (FY 2024) | 21.0% | Hyderabad, Telangana, India | |||
| Last Decimal Private Limited | ₹1.47 Cr (FY 2024) | -84.0% | Pune, Maharashtra, India |
To see the full peer comparison of Iglulabs Software Private Limited, buy the company report.
Auditor
Iglulabs Software Private Limited is audited by JYOLSANA & ASSOSIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JYOLSANA & ASSOSIATES | FY 2023 | FRN013718S |
Shareholding
The shareholding of Iglulabs Software Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Iglulabs Software Private Limited, buy the company report.
Legal cases
Iglulabs Software Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Samyati Technologies Pvt. Ltd. | Disposed |
To see the full case history of Iglulabs Software Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Iglulabs Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iglulabs Software Private Limited has a workforce of 14 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-12.5%
GST
Iglulabs Software has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI7335K1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iglulabs Software Private Limited, buy the company report.
Recent activity
Iglulabs Software Private Limited has 11 board changes on record since 2011: 5 appointments and 6 cessations. The latest: Ahmed Faiz ceased to be Additional Director on 30 Sep 2019.
AGM
Iglulabs Software Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Iglulabs Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ahmed Faiz ceased to be Additional Director.
Ceased
Mohammad Arif Siddiqui ceased to be Additional Director.
Ceased
Sangeeta Narayan Sinha ceased to be Additional Director.
Appointed
Mohammad Arif Siddiqui was appointed as Director.
Appointed
Sangeeta Narayan Sinha was appointed as Director.
Ceased
Vasuta Agarwal ceased to be Additional Director.
Appointed
Vasuta Agarwal was appointed as Director.
Ceased
Avyakt Kumar Agarwal ceased to be Additional Director.
Appointed
Avyakt Kumar Agarwal was appointed as Director.
Ceased
Vikas Singh ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Iglulabs Software is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 October 2011 (15+ years old) and is registered under CIN U72900KA2011PTC060811.
Iglulabs Software has 5 current directors:
- Avyakt Kumar Agarwal - Director
- Sangeeta Narayan Sinha - Director
- Smit Kant Raturi - Director
- Mohammad Arif Siddiqui - Director
- Vasuta Agarwal - Director
The latest financial statements of Iglulabs Software on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Iglulabs Software is 29AACCI7335K1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Iglulabs Software is U72900KA2011PTC060811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iglulabs Software has 1 court case on record: 1 filed against it.
Iglulabs Software was incorporated on 13 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Iglulabs Software by revenue are Harddreams Private Limited, Exotic Pride India Private Limited, Novosol Mobile Magic Private Limited, Sangam Technocrates Private Limited, Ridmus Engineering Private Limited and 4 more, all in the same principal business activity (other information & communication service activities).
Ahmed Faiz ceased to be Additional Director on 30 Sep 2019. Mohammad Arif Siddiqui ceased to be Additional Director on 30 Sep 2019. Sangeeta Narayan Sinha ceased to be Additional Director on 30 Sep 2019. Iglulabs Software has 11 board changes on record in total.
Yes, Iglulabs Software is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0113949).
Iglulabs Software can be reached through the website iglulabs.com. Its registered office is in Bangalore, Karnataka, India.
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