Startup India Government of India
Simpel Techlabs Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.19 Cr
▼ 16% YoY
Net profit · FY 2024
₹19.9 Lakh
Net margin 9.1%
EBITDA · FY 2024
₹26.73 Lakh
EBITDA margin 12.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹26.64 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Simpel Techlabs Private Limited
Data last updated:
Simpel Techlabs Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52100KA2020PTC140431. Its GSTIN is 29ABECS7944M1ZI (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vineet Saraogi and Anamika Vineet Saraogi.
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 #01 & #02 K No. 189/1 Roopena Agrahara Bommanahalli, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.19 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹19.9 Lakh (net margin 9.1%) and EBITDA of ₹26.73 Lakh (EBITDA margin 12.2%).
The company is associated with 2 brands: Salary Slip and Ekshop. As per MCA filings, the company has open charges of ₹26.64 Lakh on record.
Simpel Techlabs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0284969). For more details, the company can be reached via its website simpel.ai.
Company Details of Simpel Techlabs Private Limited
CIN U52100KA2020PTC140431
Registration Number 140431
Incorporation Date 30 October 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0284969
Recognitions & Rankings of Simpel Techlabs
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0284969
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#01 & #02 K No. 189/1 Roopena Agrahara Bommanahalli, Bangalore, Karnataka, India – 560068
- IndustryInformation Technology, IT Consulting & Support Services
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Associated Brands with Simpel Techlabs Private Limited
Simpel Techlabs operates two associated brands: Salary Slip and Ekshop. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a cloud-based platform for HR management solutions. | salaryslip.co | |
| Online platform for creating virtual shops, managing products, and handling orders via WhatsApp. | ekshop.in |
Business Activity of Simpel Techlabs Private Limited
The main business activity of Simpel Techlabs is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Simpel Techlabs Private Limited FY 2024 filings available
Simpel Techlabs Private Limited reported revenue of ₹2.19 Cr (down 16% YoY) for FY 2024.
Revenue · FY 2024
₹2.19 Cr ▼ 16%
Net profit · FY 2024
₹19.9 Lakh margin 9.1%
EBITDA · FY 2024
₹26.73 Lakh margin 12.2%
Compounded Annual Growth Rate (CAGR) of Simpel Techlabs Private Limited
Revenue CAGR growth
1 year
▼ 16%
EBITDA CAGR growth
1 year
▲ 171%
3 years · compounded
▲ 535%
Revenue fell 16% in the latest year. EBITDA rose 171% 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 of Simpel Techlabs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹26.73 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.9 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 of Simpel Techlabs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 12.2% | •••• | •••• | •••• |
| Net Profit Margin | 9.1% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Simpel Techlabs are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Simpel Techlabs Private Limited
Simpel Techlabs has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Saraogi Also directs: Mittal Agro Retail Private Limited, Mittal Clothing Private Limited, Rimjhim Dealcom Private Limited and 4 more | Director | 30 Oct 2020 | 5 Years 11 Months | Current |
| Anamika Vineet Saraogi | Director | 30 Oct 2020 | 5 Years 11 Months | Current |
Peer Comparison of Simpel Techlabs Private Limited
Simpel Techlabs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akash Ganga Seeds (India) Limited | ₹2.19 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Delhi, India |
| Greenhood Technologies Private Limited | ₹2.19 Cr (FY 2019) | •••• | •••• | 459.0% | •••• | Bangalore, Karnataka, India |
| Ars Jewellery Makers Private Limited | ₹2.19 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Mangalore, Karnataka, India |
| Thoppil Tiles and Sanitaries Private Limited | ₹2.19 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Thiruvananthapuram, Kerala, India |
| Elegant Kar Accesories Private Limited | ₹2.19 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Simpel Techlabs Private Limited this company | ₹2.19 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Bangalore, Karnataka, India |
| Vidarbha Star Industrial Escorts P Ltd | ₹2.19 Cr (FY 2024) | •••• | •••• | 92.0% | •••• | Nagpur, Maharashtra, India |
| GB Retailers Private Limited | ₹2.19 Cr (FY 2023) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Shyam Gems & Jewellery Private Limited | ₹2.19 Cr (FY 2019) | •••• | •••• | •••• | Delhi, India | |
| Field Pumpsol Private Limited | ₹2.19 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
| Medha Housing Private Limited | ₹2.19 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Simpel Techlabs by revenue in the same principal business activity (Retail Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Simpel Techlabs Private Limited
Simpel Techlabs Private Limited is audited by Manoj Mohan & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Manoj Mohan & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Simpel Techlabs Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Simpel Techlabs Private Limited
Open charges
₹26.64 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Nov 2025 | Hdfc Bank Limited | ₹26.64 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Simpel Techlabs Private Limited
Simpel Techlabs Private Limited has a workforce of 0 employees as of Mar 29, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Simpel Techlabs Private Limited
Simpel Techlabs Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Anamika Vineet Saraogi was appointed as Director on 30 Oct 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 26.64 Lakh with Charge ID 101220982 was registered on 04 Nov 2025.
AGM
Simpel Techlabs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Simpel Techlabs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Anamika Vineet Saraogi was appointed as Director.
Appointed
Vineet Saraogi was appointed as Director.
Incorporation
30 Oct 2020
Simpel Techlabs Private Limited was registered on 30 Oct 2020 with Roc Bangalore & aged 5 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Simpel Techlabs Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Simpel Techlabs Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Simpel Techlabs Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Simpel Techlabs Private Limited
Simpel Techlabs has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABECS7944M1ZI | Karnataka | Active | 25 Jan 2021 |
| 07AAGCE1013Q1ZM | Delhi | Active | 03 Feb 2022 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Simpel Techlabs Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Simpel Techlabs Private Limited
Simpel Techlabs 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 30 October 2020 (6+ years old) and is registered under CIN U52100KA2020PTC140431.
Simpel Techlabs reported revenue of ₹2.19 Cr for FY 2024 (down 16% YoY).
Simpel Techlabs has 2 current directors:
- Vineet Saraogi - Director
- Anamika Vineet Saraogi - Director
Simpel Techlabs reported a net profit of ₹19.9 Lakh (net margin 9.1%) and EBITDA of ₹26.73 Lakh (EBITDA margin 12.2%) for FY 2024, as per its filed financial statements.
The GSTIN of Simpel Techlabs is 29ABECS7944M1ZI, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAGCE1013Q1ZM (Delhi).
The CIN (Corporate Identification Number) of Simpel Techlabs is U52100KA2020PTC140431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simpel Techlabs was incorporated on 30 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Simpel Techlabs by revenue are Akash Ganga Seeds (India) Limited, Greenhood Technologies Private Limited, Ars Jewellery Makers Private Limited, Thoppil Tiles and Sanitaries Private Limited, Elegant Kar Accesories Private Limited and 5 more, all in the same principal business activity (Retail Trading).
Anamika Vineet Saraogi was appointed as Director on 30 Oct 2020. Vineet Saraogi was appointed as Director on 30 Oct 2020.
Yes, Simpel Techlabs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Simpel Techlabs is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0284969).