MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-20-0049308
Innovative Code Labs Private Limited - information technology in Mohali, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.2 Cr
▲ 110% YoY
Net profit · FY 2024
₹39.93 Lakh
Net margin 12.5%
EBITDA · FY 2024
₹64.73 Lakh
EBITDA margin 20.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹20 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
2
Provident fund records
About Innovative Code Labs Private Limited
Data last updated:
Innovative Code Labs Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2021PTC053419. Its GSTIN is 03AAGCI1477C1ZZ (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dhananjay Nath Tiwari (Managing Director) and Agare Nath Mishra.
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 K&B Tower Second Floor F 465 Phase 8B, Mohali, Punjab, India – 140110.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.2 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net profit of ₹39.93 Lakh (net margin 12.5%) and EBITDA of ₹64.73 Lakh (EBITDA margin 20.2%).
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Innovative Code Labs. As per MCA filings, the company has open charges of ₹20 Lakh on record.
Innovative Code Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0049308). For more details, the company can be reached via its website icodelabs.co.
Company details
CIN U72900PB2021PTC053419
Registration Number 053419
Incorporation Date 17 May 2021
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-PB-20-0049308
Recognitions & Rankings of Innovative Code Labs
Contact details
Innovative Code Labs Private Limited's registered office is in Mohali, Punjab. Its website is icodelabs.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressK&B Tower Second Floor F 465 Phase 8B, Mohali, Punjab, India – 140110
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Innovative Code Labs Private Limited, buy the company report.
Comprehensive company report
Innovative Code 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
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Brands
Innovative Code Labs operates one associated brand: Innovative Code Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web development, mobile apps, and digital marketing for businesses worldwide. | icodelabs.co |
Business activity
The main business activity of Innovative Code Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Innovative Code Labs Private Limited, buy the company report.
Financials of Innovative Code Labs Private Limited
FY 2025 filings availableInnovative Code Labs Private Limited reported revenue of ₹3.2 Cr (up 110% YoY) for FY 2024.
Revenue · FY 2024
₹3.2 Cr ▲ 110%
Net profit · FY 2024
₹39.93 Lakh margin 12.5%
EBITDA · FY 2024
₹64.73 Lakh margin 20.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 110%
EBITDA CAGR growth
1 year
▲ 134%
Revenue rose 110% in the latest year. EBITDA rose 134% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹64.73 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹39.93 Lakh | ||
| 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 20.2% | ||
| Net Profit Margin | 12.5% | ||
| 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 Innovative Code Labs Private Limited, buy the company report.
Board of directors of Innovative Code Labs Private Limited
Innovative Code Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Agare Nath Mishra | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Dhananjay Nath Tiwari | Managing Director | 30 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Innovative Code Labs Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innoclique Cognitive Technologies Private Limited | ₹3.2 Cr (FY 2022) | 25.0% | Hyderabad, Telangana, India | |||
| Brilliant Business Services Private Limited | ₹3.2 Cr (FY 2024) | -31.0% | Hyderabad, Telangana, India | |||
| Legatum Distributors Private Limited | ₹3.2 Cr (FY 2025) | 313.0% | Mumbai, Maharashtra, India | |||
| Superior Power Solution Services Private Limited | ₹3.2 Cr (FY 2025) | 58.0% | Noida, Uttar Pradesh, India | |||
| Innovative Code Labs Private Limitedthis company | ₹3.2 Cr (FY 2024) | ₹39.93 Lakh | 12.5% | 110.0% | Mohali, Punjab, India | |
| Affine Tech Systems Private Limited | ₹3.2 Cr (FY 2025) | 55.0% | Hyderabad, Telangana, India | |||
| Chiropractic Zhealthehr India Private Limited | ₹3.2 Cr (FY 2024) | 98.0% | Gurgaon, Ncr, Haryana, India | |||
| Statxo Analytics Private Limited | ₹3.2 Cr (FY 2024) | 49.0% | New Delhi, Delhi, India |
To see the full peer comparison of Innovative Code Labs Private Limited, buy the company report.
Auditor
Innovative Code Labs Private Limited is audited by RAHUL MAHAJAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL MAHAJAN & ASSOCIATES | FY 2023 | 029885N |
Shareholding
The shareholding of Innovative Code Labs Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Innovative Code Labs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2026 | 101231803 | Others | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Innovative Code 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 Innovative Code Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Code Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCI1477C1ZZ | Punjab | Active | 10 May 2022 |
To see the full GST registrations and return filing status of Innovative Code Labs Private Limited, buy the company report.
Recent activity
Innovative Code Labs Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Dhananjay Nath Tiwari was appointed as Managing Director on 30 Jan 2024.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 101231803 was registered on 27 Jan 2026.
AGM
Innovative Code Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovative Code Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Appointed
Dhananjay Nath Tiwari was appointed as Managing Director.
Ceased
Jai Prakash Tiwary ceased to be Director.
Appointed
Agare Nath Mishra was appointed as Director.
Appointed
Jai Prakash Tiwary was appointed as Director.
Incorporation
17 May 2021
Innovative Code Labs Private Limited was registered on 17 May 2021 with Roc Chandigarh & aged 5 years 5 months as per MCA records.
Frequently asked questions
Innovative Code Labs is an active private limited company based in Mohali, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 May 2021 (5+ years old) and is registered under CIN U72900PB2021PTC053419.
Innovative Code Labs has 2 current directors:
- Dhananjay Nath Tiwari - Managing Director
- Agare Nath Mishra - Director
The latest financial statements of Innovative Code Labs 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 FY 2022 are in the company report.
The GSTIN of Innovative Code Labs is 03AAGCI1477C1ZZ, registered in Punjab.
The CIN (Corporate Identification Number) of Innovative Code Labs is U72900PB2021PTC053419. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Code Labs was incorporated on 17 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Innovative Code Labs by revenue are Innoclique Cognitive Technologies Private Limited, Brilliant Business Services Private Limited, Legatum Distributors Private Limited, Superior Power Solution Services Private Limited, Affine Tech Systems Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Dhananjay Nath Tiwari was appointed as Managing Director on 30 Jan 2024. Jai Prakash Tiwary ceased to be Director on 27 Jan 2024. Agare Nath Mishra was appointed as Director on 17 May 2021. Innovative Code Labs has 4 board changes on record in total.
Yes, Innovative Code Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-20-0049308).
Innovative Code Labs can be reached through the website icodelabs.co. Its registered office is in Mohali, Punjab, India.
The registered office of Innovative Code Labs is at K&B Tower Second Floor F 465 Phase 8B, Mohali, Punjab, India – 140110.
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