MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0068287
Mantra Labs Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.57 Cr
▼ 25% YoY
Net loss · FY 2025
₹38.11 Lakh
Net margin -1.9%
EBITDA · FY 2025
-₹9.01 Lakh
EBITDA margin -0.5%
Authorised capital
₹4.5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6.33 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
231
Provident fund records
About Mantra Labs Private Limited
Data last updated:
Mantra Labs 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 16 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2009PTC049142. Its GSTIN is 29AAGCM0520N1ZC (Karnataka). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹4.5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Parag Sharma and Ravi Misra.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.57 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹38.11 Lakh (net margin -1.9%) and EBITDA of -₹9.01 Lakh (EBITDA margin -0.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company has about 231 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Mantra AI, Hitee and Gizmobaba. As per MCA filings, the company has open charges of ₹6.33 Cr on record.
Mantra Labs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0068287). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mantralabsglobal.com.
Company details
CIN U72200KA2009PTC049142
Registration Number 049142
Incorporation Date 16 February 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0068287
Recognitions & Rankings of Mantra Labs
Contact details
Mantra Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is mantralabsglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice 1 3rd Floor Camelot KIADB Plot 6, Road No. 10 Epip Zone Phase – 1 Whitefield, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Mantra Labs Private Limited, buy the company report.
Comprehensive company report
Mantra 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Mantra Labs operates multiple associated brands including Mantra AI, Hitee, and Gizmobaba. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mantra Labs delivers digital engineering, consulting, and transformation services for enterprises. | mantra.ai | |
| AI-based multilingual chatbot for efficient customer support. | hitee.chat | |
| Unique consumer electronics products are retailed online by Gizmobaba. | gizmobaba.com |
Business activity
The main business activity of Mantra Labs is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Mantra Labs Private Limited, buy the company report.
Financials of Mantra Labs Private Limited
FY 2024 filings availableMantra Labs Private Limited reported revenue of ₹19.57 Cr (down 25% YoY) for FY 2025.
Revenue · FY 2025
₹19.57 Cr ▼ 25%
Net loss · FY 2025
₹38.11 Lakh margin -1.9%
EBITDA · FY 2025
-₹9.01 Lakh margin -0.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 6%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 113%
3 years · compounded
▼ 28%
5 years · compounded
▼ 16%
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 113% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹9.01 Lakh | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | -₹38.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -0.5% | ||||
| Net Profit Margin | -1.9% | ||||
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To see the full financial statements and ratios of Mantra Labs Private Limited, buy the company report.
Board of directors of Mantra Labs Private Limited
Mantra 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 |
|---|---|---|---|---|
| Parag Sharma Also directs: Unplex Fintech Private Limited | Director | 16 Feb 2009 | 17 Years 8 Months | Current |
| Ravi Misra Also directs: Envids Technologies LLP | Director | 29 Apr 2025 | 1 Years 5 Months | Current |
| Mikhail Mitra Also directs: Timberid LLP | Director | 05 Oct 2017 | 9 Years 0 Months | Current |
Auditor
Mantra Labs Private Limited is audited by MMK & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MMK & CO | FY 2023 | 063246 |
Shareholding
The shareholding of Mantra Labs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mantra Labs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.33 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2021 | 100528662 | Others | ₹4.23 Cr | Open | |
| 31 Mar 2021 | 100435184 | Hdfc Bank Limited | ₹19.06 Lakh | Open | |
| 10 Feb 2021 | 100431790 | Hdfc Bank Limited | ₹16.32 Lakh | Open | |
| 10 Jan 2019 | 100233652 | Hdfc Bank Limited | ₹1.75 Cr | Open |
To see the full charge records of Mantra Labs Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Mantra 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 Mantra Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mantra Labs Private Limited has a workforce of 231 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
231
Active EPFO establishments
1
Employee growth
0.87%
GST
Mantra Labs has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM0520N1ZC | Karnataka | Active | 01 Jul 2017 |
| 29AAJCA8708R1ZR | Karnataka | Active | 01 Jul 2017 |
| 29AAJCA8708R2ZQ | Karnataka | Active | 24 Mar 2025 |
| 06AAJCA8708R1ZZ | Haryana | Active | 16 Oct 2020 |
To see the full GST registrations and return filing status of Mantra Labs Private Limited, buy the company report.
Recent activity
Mantra Labs Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Kumar Sambhav Singh ceased to be Director on 08 Oct 2025.
Ceased
Kumar Sambhav Singh ceased to be Director.
Appointed
Ravi Misra was appointed as Director.
AGM
Mantra Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mantra Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 423.00 Lakh with Charge ID 100528662 was registered on 23 Dec 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 175.00 Lakh registered on 10 Jan 2019 with Charge ID 100233652 was modified on 25 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.06 Lakh with Charge ID 100435184 was registered on 31 Mar 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.32 Lakh with Charge ID 100431790 was registered on 10 Feb 2021.
Ceased
Wasim Khan ceased to be Director.
Ceased
Kaushalendra Singh Yadav ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 175.00 Lakh with Charge ID 100233652 was registered on 10 Jan 2019.
Appointed
Mikhail Mitra was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Mantra Labs 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 16 February 2009 (17+ years old) and is registered under CIN U72200KA2009PTC049142.
Mantra Labs has 3 current directors:
- Parag Sharma - Director
- Ravi Misra - Director
- Mikhail Mitra - Director
The latest financial statements of Mantra 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 2015 are in the company report.
The GSTIN of Mantra Labs is 29AAGCM0520N1ZC, registered in Karnataka. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAJCA8708R1ZR (Karnataka), 29AAJCA8708R2ZQ (Karnataka), 06AAJCA8708R1ZZ (Haryana).
The CIN (Corporate Identification Number) of Mantra Labs is U72200KA2009PTC049142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mantra Labs was incorporated on 16 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Kumar Sambhav Singh ceased to be Director on 08 Oct 2025. Ravi Misra was appointed as Director on 29 Apr 2025. Wasim Khan ceased to be Director on 10 Jun 2019. Mantra Labs has 6 board changes on record in total.
Yes, Mantra Labs is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0068287).
Mantra Labs can be reached through the website mantralabsglobal.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Mantra Labs is at Office 1 3rd Floor Camelot KIADB Plot 6, Road No. 10 Epip Zone Phase – 1 Whitefield, Bangalore, Karnataka, India – 560066.