Startup India Government of India
Southernlabs Private Limited - e-commerce in Jogeshwari West, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.43 Cr
▲ 6% YoY
Net profit · FY 2025
₹13.13 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹79.25 Lakh
EBITDA margin 8.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹52.38 Lakh
Issued & subscribed
Open charges
₹3 Cr
Satisfied ₹4 Cr
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Southernlabs Private Limited
Data last updated:
Southernlabs Private Limited is a private limited company based in Jogeshwari West, Maharashtra, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 19 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2020PTC436372. Its GSTIN is 27ABECS2325J1ZB (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹52.38 Lakh. It is led by directors including Srikanth Prasannan and Jitesh Harish Shetty.
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 G 39 Om Heera Panna Premises Coop. Society Ltd, New Link Road Behind Oshiwara Police Station Jogeshwari West Mumbai, Maharashtra, India – 400102.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.43 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹13.13 Lakh (net margin 1.4%) and EBITDA of ₹79.25 Lakh (EBITDA margin 8.4%).
The company is associated with 1 brand: Quit Mozz. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹4 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Southernlabs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0071373). For more details, the company can be reached via its website quitmozz.com.
Company details
CIN U24100MH2020PTC436372
Registration Number 436372
Incorporation Date 19 August 2020
ROC Mumbai
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-TS-02-0071373
CIN history
Southernlabs has one previous CIN (Corporate Identification Number): U24100TG2020PTC142953. The current CIN is U24100MH2020PTC436372, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH2020PTC436372 | Current |
| U24100TG2020PTC142953 | Previous |
Key People
Jitesh Harish Shetty Additional Director Srikanth Prasannan Director Sagar Nagpal Additional Director Recognitions & Rankings of Southernlabs
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0071373
Contact details
Southernlabs Private Limited's registered office is in Jogeshwari West, Maharashtra.
- Social Media
- Registered AddressG 39 Om Heera Panna Premises Coop. Society Ltd, New Link Road Behind Oshiwara Police Station Jogeshwari West Mumbai, Maharashtra, India – 400102
- IndustryE-Commerce, General E-Commerce Platforms
Comprehensive company report
Southernlabs 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
Southernlabs operates one associated brand: Quit Mozz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers herbal mosquito repellents for homes and outdoor protection using natural ingredients. | quitmozz.com |
Business activity
The main business activity of Southernlabs is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Southernlabs Private Limited, buy the company report.
Financials of Southernlabs Private Limited
FY 2024 filings availableSouthernlabs Private Limited reported revenue of ₹9.43 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹9.43 Cr ▲ 6%
Net profit · FY 2025
₹13.13 Lakh margin 1.4%
EBITDA · FY 2025
₹79.25 Lakh margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
EBITDA CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 219%
Revenue rose 6% in the latest year. EBITDA rose 71% 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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| EBITDA | ₹79.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.13 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Southernlabs Private Limited, buy the company report.
Board of directors of Southernlabs Private Limited
Southernlabs has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitesh Harish Shetty Also directs: FV Commerce Services Private Limited | Additional Director | 20 Jul 2022 | 4 Years 3 Months | Current |
| Srikanth Prasannan | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
| Sagar Nagpal Also directs: Orient Vincom Private Limited, Artistry Holdings Private Limited | Additional Director | 20 Jul 2022 | 4 Years 3 Months | Current |
Charges & borrowings
Open charges
₹3 Cr
Satisfied charges
₹4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101166618 | Indian Bank | ₹3 Cr | Open | |
| 13 Jan 2023 | 100680089 | Canara Bank | ₹4 Cr | Satisfied |
To see the full charge records of Southernlabs Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Southernlabs Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed against the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kamrup Metro, Assam | Court case (Complaint Case C.R.) | Filed against the company by M/S Maruti Traders | Pending |
| District court, Thiruvananthapuram, Kerala | Civil suit | Filed against the company by an individual | Disposed |
| District court, Thiruvananthapuram, Kerala | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Southernlabs Private 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 Southernlabs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Southernlabs has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABECS2325J1ZB | Maharashtra | Active | 06 Apr 2023 |
To see the full GST registrations and return filing status of Southernlabs Private Limited, buy the company report.
Recent activity
Southernlabs Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Jitesh Harish Shetty was appointed as Additional Director on 20 Jul 2022.
Charges
A charge with Indian Bank amounted to Rs. 3.00 Cr with Charge ID 101166618 was registered on 30 Sep 2025.
Charges
A charge registered on 13 Jan 2023 via Charge ID 100680089 with Canara Bank was fully satisfied on 13 Jan 2025.
AGM
Southernlabs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Southernlabs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Canara Bank amounted to Rs. 4.00 Cr with Charge ID 100680089 was registered on 13 Jan 2023.
Appointed
Jitesh Harish Shetty was appointed as Additional Director.
Appointed
Sagar Nagpal was appointed as Additional Director.
Ceased
Srikanth Prasannan ceased to be Director.
Appointed
Srikanth Prasannan was appointed as Director.
Incorporation
19 Aug 2020
Southernlabs Private Limited was registered on 19 Aug 2020 with Roc Mumbai & aged 6 years 2 months as per MCA records.
Frequently asked questions
Southernlabs is an active private limited company based in Jogeshwari West, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 19 August 2020 (6+ years old) and is registered under CIN U24100MH2020PTC436372.
Southernlabs has 3 current directors:
- Jitesh Harish Shetty - Additional Director
- Srikanth Prasannan - Director
- Sagar Nagpal - Additional Director
The latest financial statements of Southernlabs 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 2021 are in the company report.
The GSTIN of Southernlabs is 27ABECS2325J1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Southernlabs is U24100MH2020PTC436372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Southernlabs has 3 court cases on record: 3 filed against it. 1 is pending.
Southernlabs was incorporated on 19 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Jitesh Harish Shetty was appointed as Additional Director on 20 Jul 2022. Sagar Nagpal was appointed as Additional Director on 20 Jul 2022. Srikanth Prasannan ceased to be Director on 19 Jul 2022. Southernlabs has 4 board changes on record in total.
Yes, Southernlabs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Southernlabs is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0071373).