Polkadex Labs Private Limited

Polkadex Labs Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2022PTC167632 Incorporated 03 November 2022 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹2.34 Cr
▲ 1041% YoY
Net profit · FY 2024
₹11.51 Lakh
Net margin 4.9%
EBITDA · FY 2024
₹16.37 Lakh
EBITDA margin 7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Polkadex Labs Private Limited

Data last updated:

Polkadex Labs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 November 2022.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2022PTC167632. Its GSTIN is 29AANCP3418P1ZN (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vivek Prasannan and Gautham Jayasankar.

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 1 Embassy Manyata Businesspark, Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.34 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹11.51 Lakh (net margin 4.9%) and EBITDA of ₹16.37 Lakh (EBITDA margin 7%).

The company is associated with 1 brand: Polkadex.

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

Company details

CIN U72200KA2022PTC167632
Registration Number 167632
Incorporation Date 03 November 2022
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

Contact details

Polkadex Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is polkadex.trade. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    05W130 5th Floor Manyata Nxt Tower – 1 Embassy Manyata Businesspark Outer Ring Road N, Agavara, Bangalore, Karnataka, India – 560045
  • Industry
    Information Technology, IT Consulting & Support Services

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

Comprehensive company report
Polkadex 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

Polkadex Labs operates one associated brand: Polkadex. Each brand links to its own profile.

BrandDescriptionWebsite
Online trading of cryptocurrencies is facilitated through a specialized platform.polkadex.trade

Business activity

The main business activity of Polkadex 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 Polkadex Labs Private Limited, buy the company report.

Financials of Polkadex Labs Private Limited

FY 2024 filings available

Polkadex Labs Private Limited reported revenue of ₹2.34 Cr (up 1041% YoY) for FY 2024.

Revenue · FY 2024
₹2.34 Cr ▲ 1041%
Net profit · FY 2024
₹11.51 Lakh margin 4.9%
EBITDA · FY 2024
₹16.37 Lakh margin 7%

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
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₹16.37 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.51 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 2023-24FY 2022-23
Profitability
EBITDA Margin7%
Net Profit Margin4.9%
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 Polkadex Labs Private Limited, buy the company report.

Board of directors of Polkadex Labs Private Limited

Polkadex Labs has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vivek PrasannanDirector03 Nov 20224 Years 0 MonthsCurrent
Gautham JayasankarDirector03 Nov 20224 Years 0 MonthsCurrent
Deepansh SinghDirector03 Nov 20224 Years 0 MonthsCurrent

Peer comparison

Polkadex Labs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Wiiflex Software Solutions Private Limited₹2.35 Cr (FY 2025)8318.0%Hyderabad, Telangana, India
Saasjoy Solutions Private Limited₹2.35 Cr (FY 2025)173.0%Ahmedabad, Gujarat, India
Livedigital Technologies Private Limited₹2.34 Cr (FY 2025)-32.0%Bhubaneswar, Odisha, India
Unyde Systems Private Limited₹2.34 Cr (FY 2025)-44.0%Dadri, Uttar Pradesh, India
Opencubicles Technologies Private Limited₹2.34 Cr (FY 2024)24.0%Hisar, Haryana, India
Polkadex Labs Private Limitedthis company₹2.34 Cr (FY 2024)₹11.51 Lakh4.9%1041.0%Bangalore, Karnataka, India
Agrahyah Technologies Private Limited₹2.34 Cr (FY 2024)9.0%Mumbai, Maharashtra, India
Paasoo Technology India Private Limited₹2.34 Cr (FY 2025)40.0%Mumbai, Maharashtra, India
Critical Path Technologies Private Limited₹2.34 Cr (FY 2025)152.0%Gurgaon, Haryana, India
Sivasakthi Aidc Technology India Private Limited₹2.34 Cr (FY 2024)208.0%Chennai, Tamil Nadu, India
Mehta Peripherals & Computers Private Limited₹2.34 Cr (FY 2025)16.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Polkadex Labs Private Limited, buy the company report.

Auditor

Polkadex Labs Private Limited is audited by R. U VARMA AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R. U VARMA AND ASSOCIATESFY 2023011165S

Shareholding

The shareholding of Polkadex Labs Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

MSME payment delays

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

Employees & EPFO

Polkadex Labs Private Limited has 1 active EPFO establishment as of Apr 05, 2024.

Active EPFO establishments
1

GST

Polkadex Labs has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AANCP3418P1ZNKarnatakaActive18 Jan 2024

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

Recent activity

Polkadex Labs Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Deepansh Singh was appointed as Director on 03 Nov 2022.

AGM
Polkadex Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Polkadex Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Deepansh Singh was appointed as Director.
Appointed
Gautham Jayasankar was appointed as Director.
Appointed
Vivek Prasannan was appointed as Director.
Incorporation
03 Nov 2022
Polkadex Labs Private Limited was registered on 03 Nov 2022 with Roc Bangalore & aged 4 years 5 days as per MCA records.

Frequently asked questions

Polkadex Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 November 2022 (4+ years old) and is registered under CIN U72200KA2022PTC167632.

Polkadex Labs has 3 current directors:

The latest financial statements of Polkadex 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 2023 are in the company report.

The GSTIN of Polkadex Labs is 29AANCP3418P1ZN, registered in Karnataka.

The CIN (Corporate Identification Number) of Polkadex Labs is U72200KA2022PTC167632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Polkadex Labs was incorporated on 03 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Polkadex Labs by revenue are Wiiflex Software Solutions Private Limited, Saasjoy Solutions Private Limited, Livedigital Technologies Private Limited, Unyde Systems Private Limited, Opencubicles Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Deepansh Singh was appointed as Director on 03 Nov 2022. Gautham Jayasankar was appointed as Director on 03 Nov 2022. Vivek Prasannan was appointed as Director on 03 Nov 2022.

Polkadex Labs can be reached through the website polkadex.trade. Its registered office is in Bangalore, Karnataka, India.

The registered office of Polkadex Labs is at 05W130 5th Floor Manyata Nxt Tower – 1 Embassy Manyata Businesspark Outer Ring Road N, Agavara, Bangalore, Karnataka, India – 560045.

Polkadex Labs operates in the information technology industry, in the IT consulting and support services segment.