- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-02-0002127

About Inspirelabs Solutions Limited
Data last updated:
Inspirelabs Solutions Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 02 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2017PLC115610. Its GSTIN is 36AAECI4061N1ZB (Telangana).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹12.55 Lakh. It is led by directors including Ashok Kumar Reddy Varidhireddy (Managing Director) and Sridevi Medapati (Whole-Time Director).
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.92 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹10.98 Cr (net margin 52.5%) and EBITDA of ₹14.94 Cr (EBITDA margin 71.4%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 2% over five years.
The company is associated with 2 brands: RankDirve and GrabOn. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Inspirelabs Solutions Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0002127). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inspirelabs.in.
Company details
CIN history
Inspirelabs Solutions has one previous CIN (Corporate Identification Number): U74999TG2017PTC115610. The current CIN is U74999TG2017PLC115610, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999TG2017PLC115610 | Current |
| U74999TG2017PTC115610 | Previous |
Recognitions & Rankings of Inspirelabs Solutions
Contact details
Inspirelabs Solutions Limited's registered office is in Hyderabad, Telangana.
- Apps
- Registered Address21st Floor One West Building, Narsingi Nanakramguda Service Road, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, Web Design & Maintenance 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
Brands
Inspirelabs Solutions operates two associated brands: RankDirve and GrabOn. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers cloud-based SEO solutions to enhance online visibility and search performance. | rankdrive.com | |
| Platform for coupons and deals on products like fashion and electronics. | grabon.com |
Financials of Inspirelabs Solutions Limited
FY 2024 filings availableInspirelabs Solutions Limited reported revenue of ₹20.92 Cr (up 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 42% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 61% 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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| EBITDA | ₹14.94 Cr | ||||
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| Net Profit (PAT) | ₹10.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 71.4% | ||||
| Net Profit Margin | 52.5% | ||||
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To see the full financial statements and ratios of Inspirelabs Solutions Limited, buy the company report.
Board of directors and KMP of Inspirelabs Solutions Limited
Inspirelabs Solutions Limited currently reports 5 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridevi Medapati | Whole-Time Director | 04 Oct 2024 | 2 Years 0 Months | Current |
| Ashok Kumar Reddy Varidhireddy | Managing Director | 02 Mar 2017 | 9 Years 7 Months | Current |
| Radhakrishna Reddy Varidhireddy | Director | 02 Mar 2017 | 9 Years 7 Months | Current |
| Adarsh Khandelwal Also directs: United Vander Horst Ltd | Director | 21 Dec 2024 | 1 Years 10 Months | Current |
| Dileep Kumar Reddy Kommareddy | Cfo | 11 Dec 2024 | 1 Years 10 Months | Current |
| Anand Vinod Singh | Director | 21 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Inspirelabs Solutions Limited is compared with the 7 companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Squad Technologies Private Limited | ₹23.69 Cr (FY 2024) | 23.0% | Ahmedabad, Gujarat, India | |||
| Marathe Infotech Private Limited | ₹23.39 Cr (FY 2025) | 16.0% | Thane, Maharashtra, India | |||
| Solvencia Technologies Private Limited | ₹22.23 Cr (FY 2024) | 19.0% | Hyderabad, Telangana, India | |||
| Inspirelabs Solutions Limitedthis company | ₹20.92 Cr (FY 2024) | ₹10.98 Cr | 52.5% | 42.0% | Hyderabad, Telangana, India | |
| Beehive Systems Private Limited | ₹20.33 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| New Media Guru India Private Limited | ₹19.77 Cr (FY 2024) | 8.0% | Delhi, India | |||
| Vopra Tech Private Limited | ₹19.7 Cr (FY 2025) | -78.0% | Mohali, Punjab, India | |||
| Inflection Tech India Private Limited | ₹19.53 Cr (FY 2025) | 78.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Inspirelabs Solutions Limited, buy the company report.
Legal cases
Inspirelabs Solutions Limited has 2 court cases on record: 1 filed by Inspirelabs Solutions, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Leap Focus Solutions Pvt LTC. | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company | Disposed |
To see the full case history of Inspirelabs Solutions 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 Inspirelabs Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Inspirelabs Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECI4061N1ZB | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Inspirelabs Solutions Limited, buy the company report.
Recent activity
Inspirelabs Solutions Limited has 11 board changes on record since 2017: 6 appointments and 5 cessations. The latest: Adarsh Khandelwal was appointed as Director on 21 Dec 2024.
2 earlier events are in the company report.
Frequently asked questions
Inspirelabs Solutions is an active public limited company based in Hyderabad, Telangana, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 02 March 2017 (9+ years old) and is registered under CIN U74999TG2017PLC115610.
Inspirelabs Solutions has 6 current directors and KMP:
- Ashok Kumar Reddy Varidhireddy - Managing Director
- Sridevi Medapati - Whole-Time Director
- Radhakrishna Reddy Varidhireddy - Director
- Adarsh Khandelwal - Director
- Anand Vinod Singh - Director
- Dileep Kumar Reddy Kommareddy - Cfo
The latest financial statements of Inspirelabs Solutions 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 2017 are in the company report.
The GSTIN of Inspirelabs Solutions is 36AAECI4061N1ZB, registered in Telangana.
The CIN (Corporate Identification Number) of Inspirelabs Solutions is U74999TG2017PLC115610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inspirelabs Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Inspirelabs Solutions was incorporated on 02 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Inspirelabs Solutions by revenue are Squad Technologies Private Limited, Marathe Infotech Private Limited, Solvencia Technologies Private Limited, Beehive Systems Private Limited, New Media Guru India Private Limited and 2 more, all in the Information Technology industry (Website Design and Maintenance), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Adarsh Khandelwal was appointed as Director on 21 Dec 2024. Anand Vinod Singh was appointed as Director on 21 Dec 2024. Ashok Kumar Reddy Varidhireddy ceased to be Director on 20 Dec 2024. Inspirelabs Solutions has 11 board changes on record in total.
Yes, Inspirelabs Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0002127).
Inspirelabs Solutions can be reached through the website inspirelabs.in. Its registered office is in Hyderabad, Telangana, India.