Startup India Government of India
Infinity Labs Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹65.39 Cr
▲ 1% YoY
Net profit · FY 2024
₹11.99 Cr
Net margin 18.3%
EBITDA · FY 2024
₹16.55 Cr
EBITDA margin 25.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹10.3 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹30 Lakh
Company age
7 yrs
Est. 2019
Employees · EPFO
189
Provident fund records
About Infinity Labs Limited
Data last updated:
Infinity Labs Limited is a public limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 30 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2019PLC185779. Its GSTIN is 27AAFCI3574B1ZQ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10.3 Lakh. It is led by directors including Rakesh Goyal (Managing Director) and Abhijit Ashok Aphale.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.39 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹11.99 Cr (net margin 18.3%) and EBITDA of ₹16.55 Cr (EBITDA margin 25.3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company has about 189 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: InfInxt and InfinityLabs. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹30 Lakh on record. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in April 2021. Its 4 peer companies in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 3 smaller; the largest is Infeedo Tech Private Limited with revenue of ₹66.92 Cr. The company has 7 MSME Form 1 returns on record between 2020 and 2023, listing 18 overdue payments to 6 micro and small suppliers.
Infinity Labs Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0020721). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website infinitylabs.in.
Company details
CIN U72900PN2019PLC185779
Registration Number 185779
Incorporation Date 30 July 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-26-0020721
Recognitions & Rankings of Infinity Labs
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0020721
Contact details
Infinity Labs Limited's registered office is in Pune, Maharashtra. Its website is infinitylabs.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSno 103 H No 02 Off No.608/609 6th Floor 'C' Wing Teerthtechnospace Banaglore – Mumbai High, Way Baner, Pune, Maharashtra, India – 411045
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Infinity Labs Limited, buy the company report.
Comprehensive company report
Infinity Labs 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
Infinity Labs operates two associated brands: InfInxt and InfinityLabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides enterprise-grade dynamic SD-WAN equipment for secure and efficient network management. | infinxt.co.in | |
| Provider of IT services suite | infinitylabs.in |
Business activity
The main business activity of Infinity Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Infinity Labs Limited, buy the company report.
Financials of Infinity Labs Limited
FY 2024 filings availableInfinity Labs Limited reported revenue of ₹65.39 Cr (up 1% YoY) for FY 2024.
Revenue · FY 2024
₹65.39 Cr ▲ 1%
Net profit · FY 2024
₹11.99 Cr margin 18.3%
EBITDA · FY 2024
₹16.55 Cr margin 25.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 94%
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 1% growth in the latest year. EBITDA fell 20% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹65.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.99 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.3% | ||||
| Net Profit Margin | 18.3% | ||||
| 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 Infinity Labs Limited, buy the company report.
Board of directors of Infinity Labs Limited
Infinity Labs has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Goyal | Managing Director | 22 Jul 2022 | 4 Years 3 Months | Current |
| Abhijit Ashok Aphale Also directs: Peritus Aadhya Texfab LLP | Director | 30 Jul 2019 | 7 Years 3 Months | Current |
| Ritu Goyal | Director | 30 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Infinity Labs Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infeedo Tech Private Limited | ₹66.92 Cr (FY 2025) | 15.0% | Delhi, India | |||
| Infinity Labs Limitedthis company | ₹65.39 Cr (FY 2024) | ₹11.99 Cr | 18.3% | 1.0% | 189 | Pune, Maharashtra, India |
| N Soft (India) Services Private Limited | ₹65.14 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Bitla Software Private Limited | ₹64.18 Cr (FY 2025) | 23.0% | Bangalore, Karnataka, India | |||
| Moolya Software Testing Private Limited | ₹63.73 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Infinity Labs Limited, buy the company report.
Auditor
Infinity Labs Limited is audited by S H A & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S H A & ASSOCIATES | FY 2024 | 017649C |
Shareholding
The shareholding of Infinity Labs Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Infinity Labs Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹30 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2019 | 100311298 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 26 Sep 2019 | 100294098 | Others | ₹30 Lakh | Satisfied |
To see the full charge records of Infinity Labs Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Infinity Labs Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in April 2021.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Rights issue | ₹8.7 Lakh | Investors: an individual |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Infinity Labs 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
Infinity Labs Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 18 overdue payments to 6 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 (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Topsource Infotech Solutions Private Limited | |||
| Ladda Bhutada & Associates | |||
| Authbridge Research Services Private Limited | |||
| Ays Logistics Private Limited | |||
| Stovl Consulting Private Limited |
To see the full MSME payment records of Infinity Labs Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Infinity Labs Limited has a workforce of 189 employees on its EPFO records as of Aug 20, 2025, across 1 active EPFO establishment.
Employee count
189
Active EPFO establishments
1
Employee growth
-5.97%
GST
Infinity Labs has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI3574B1ZQ | Maharashtra | Active | 06 Aug 2019 |
| 09AAFCI3574B1ZO | Uttar Pradesh | Active | 16 Aug 2019 |
To see the full GST registrations and return filing status of Infinity Labs Limited, buy the company report.
Recent activity
Infinity Labs Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Rakesh Goyal ceased to be Director on 29 Sep 2022.
AGM
Infinity Labs Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Infinity Labs Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Rakesh Goyal ceased to be Director.
Ceased
Madan Mohan Goyal ceased to be Director.
Appointed
Rakesh Goyal was appointed as Managing Director.
Charges
A charge with Hdfc Bank Limited of Rs. 100.00 Lakh registered on 10 Dec 2019 with Charge ID 100311298 was modified on 25 Jun 2021.
Charges
A charge registered on 26 Sep 2019 via Charge ID 100294098 with Others was fully satisfied on 04 Feb 2021.
Ceased
Jinal Pravin Thakkar ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100311298 was registered on 10 Dec 2019.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100294098 was registered on 26 Sep 2019.
Appointed
Abhijit Ashok Aphale was appointed as Director.
Appointed
Ritu Goyal was appointed as Director.
1 earlier event is in the company report.
News
Frequently asked questions
Infinity Labs is an active public limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 30 July 2019 (7+ years old) and is registered under CIN U72900PN2019PLC185779.
Infinity Labs has 3 current directors:
- Rakesh Goyal - Managing Director
- Abhijit Ashok Aphale - Director
- Ritu Goyal - Director
The latest financial statements of Infinity Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Infinity Labs is 27AAFCI3574B1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAFCI3574B1ZO (Uttar Pradesh).
The CIN (Corporate Identification Number) of Infinity Labs is U72900PN2019PLC185779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Infinity Labs was incorporated on 30 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Infinity Labs has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in April 2021.
The peers of Infinity Labs by revenue are Infeedo Tech Private Limited, N Soft (India) Services Private Limited, Bitla Software Private Limited, Moolya Software Testing Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Rakesh Goyal ceased to be Director on 29 Sep 2022. Madan Mohan Goyal ceased to be Director on 26 Sep 2022. Rakesh Goyal was appointed as Managing Director on 22 Jul 2022. Infinity Labs has 6 board changes on record in total.
Yes, Infinity Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Infinity Labs is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0020721).
Infinity Labs has 7 MSME Form 1 returns on record between 2020 and 2023, listing 18 overdue payments to 6 micro and small suppliers. The latest return was filed on 20 Oct 2023.
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