Opensea Innovation Labs Private Limited

Opensea Innovation Labs Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U55101KA2011PTC060636 Incorporated 29 September 2011 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2022
₹53.48 Lakh
▼ 35% YoY
Net profit · FY 2022
₹17.15 Lakh
Net margin 32.1%
EBITDA · FY 2022
₹17.69 Lakh
EBITDA margin 33.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹9.5 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
GST registrations
3
None active

About Opensea Innovation Labs Private Limited

Data last updated:

Opensea Innovation Labs Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 September 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2011PTC060636. The company has 3 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9.5 Lakh. It was formerly known as Sprouted Soul Retail Private Limited. It is led by directors Kunal Maheshwari (Whole-Time Director) and Govind Das Maheshwari.

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 A – 601 Smr Vinay Galaxy Whitefield Road Hoodi Circle, Bengaluru, Karnataka, India – 560048.

As per the financials filed for FY 2022, the company reported a revenue of ₹53.48 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹17.15 Lakh (net margin 32.1%) and EBITDA of ₹17.69 Lakh (EBITDA margin 33.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 66% over five years.

The company has 3 deals on record (3 secondary share transfers); the latest was in September 2017.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alliswellapp.com.

Company details

CIN U55101KA2011PTC060636
Registration Number 060636
Incorporation Date 29 September 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

Contact details

Opensea Innovation Labs Private Limited's registered office is in Bengaluru, Karnataka. Its website is alliswellapp.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A – 601 Smr Vinay Galaxy Whitefield Road Hoodi Circle, Bengaluru, Karnataka, India – 560048
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Opensea Innovation Labs Private Limited, buy the company report.

Comprehensive company report
Opensea Innovation 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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Business activity

The main business activity of Opensea Innovation Labs is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Opensea Innovation Labs Private Limited, buy the company report.

Financials of Opensea Innovation Labs Private Limited

FY 2025 filings available

Opensea Innovation Labs Private Limited reported revenue of ₹53.48 Lakh (down 35% YoY) for FY 2022.

Revenue · FY 2022
₹53.48 Lakh ▼ 35%
Net profit · FY 2022
₹17.15 Lakh margin 32.1%
EBITDA · FY 2022
₹17.69 Lakh margin 33.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 35%
3 years · compounded
▲ 41%
5 years · compounded
▲ 66%
EBITDA CAGR growth
1 year
▲ 35%

Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 66%. EBITDA rose 35% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹53.48 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹17.69 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹17.15 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin33.1%
Net Profit Margin32.1%
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 Opensea Innovation Labs Private Limited, buy the company report.

Board of directors of Opensea Innovation Labs Private Limited

Opensea Innovation Labs has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Govind Das MaheshwariDirector09 Sep 20251 Years 1 MonthsCurrent
Kunal MaheshwariWhole-Time Director20 May 20179 Years 5 MonthsCurrent

Auditor

Opensea Innovation Labs Private Limited is audited by Anoop K Agarwal and Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Anoop K Agarwal and Co.FY 2022021467S

Shareholding

The shareholding of Opensea Innovation Labs 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 categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Opensea Innovation Labs Private Limited, buy the company report.

Deals & funding

Opensea Innovation Labs Private Limited has 3 deals on record (3 secondary share transfers); the latest was in September 2017.

Total deals
3
Secondary share transfers
3

Deals on record (3 of 3)

WhenDealAmountParties
Sep 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Sep 2015Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Sep 2014Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Opensea Innovation Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Opensea Innovation Labs has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
3
Cancelled / inactive
3

To see the full GST registrations and return filing status of Opensea Innovation Labs Private Limited, buy the company report.

Recent activity

Opensea Innovation Labs Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Vaibhav Shah ceased to be Director on 10 Sep 2025.

AGM
Opensea Innovation Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Vaibhav Shah ceased to be Director.
Appointed
Govind Das Maheshwari was appointed as Director.
Filing
Opensea Innovation Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Anoop Agarwal Kumar ceased to be Director.
Appointed
Vaibhav Shah was appointed as Director.
Ceased
Neeraj Kumar ceased to be Director.
Appointed
Kunal Maheshwari was appointed as Whole-Time Director.
Ceased
Nikhil Gupta ceased to be Director.
Incorporation
29 Sep 2011
Opensea Innovation Labs Private Limited was registered on 29 Sep 2011 with Roc Bangalore & aged 15 years 25 days as per MCA records.

Frequently asked questions

Opensea Innovation Labs is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 September 2011 (15+ years old) and is registered under CIN U55101KA2011PTC060636.

Opensea Innovation Labs has 2 current directors:

The latest financial statements of Opensea Innovation 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 2015 are in the company report.

No. Opensea Innovation Labs has 3 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Opensea Innovation Labs is U55101KA2011PTC060636. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Opensea Innovation Labs was incorporated on 29 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

Opensea Innovation Labs has 3 deals on record (3 secondary share transfers); the latest was in September 2017.

Vaibhav Shah ceased to be Director on 10 Sep 2025. Govind Das Maheshwari was appointed as Director on 09 Sep 2025. Anoop Agarwal Kumar ceased to be Director on 15 Mar 2018. Opensea Innovation Labs has 7 board changes on record in total.

Opensea Innovation Labs can be reached through the website alliswellapp.com. Its registered office is in Bengaluru, Karnataka, India.

The registered office of Opensea Innovation Labs is at A – 601 Smr Vinay Galaxy Whitefield Road Hoodi Circle, Bengaluru, Karnataka, India – 560048.