- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-08-0008803

About Storilabs System Technologies LLP
Data last updated:
Storilabs System Technologies LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 27 April 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAD-8391. Its GSTIN is 32ACUFS4531J1ZS (Kerala).
The LLP has a total obligation of contribution of ₹2.75 Lakh. It is led by designated partners including Subair Padinchare Porora and Nabeel Hamad Saidalavi.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 31 Kamadhenu (Hbcs) B Narayana Pur Mahadevapura, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹1.78 Cr. For the same year it recorded EBITDA of -₹16.37 Lakh (EBITDA margin -9.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 26% over five years.
The LLP has about 17 employees on its provident fund (EPFO) records.
The LLP is associated with 2 brands: Storimart and StoriLabs.
Storilabs System Technologies LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0008803). For more details, the LLP can be reached via its website storilabs.com.
Company details
Recognitions & Rankings of Storilabs System Technologies
Contact details
Storilabs System Technologies LLP's registered office is in Bangalore, Karnataka.
- Social Media
- Registered Address31 Kamadhenu (Hbcs) B Narayana Pur Mahadevapura, Bangalore, Karnataka, India – 560048
- IndustryE-Commerce, General E-Commerce Platforms
- 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
Brands
Storilabs System Technologies operates two associated brands: Storimart and StoriLabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| B2B software for managing orders, inventory, and customer relations in wholesale. | storimart.com | |
| Mobile-first e-commerce solutions are enabled for retailers via location-based discovery. | storilabs.com |
Financials of Storilabs System Technologies LLP
FY 2025 filings availableStorilabs System Technologies LLP reported revenue of ₹1.78 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years. EBITDA fell 585% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | |||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | |||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Storilabs System Technologies LLP, buy the company report.
Designated partners of Storilabs System Technologies LLP
Storilabs System Technologies has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subair Padinchare Porora | Designated Partner | 25 May 2018 | 8 Years 5 Months | Current |
| Nabeel Hamad Saidalavi Also directs: Muxfonds Ventures LLP | Designated Partner | 27 Apr 2015 | 11 Years 6 Months | Current |
| Sahir Kunganchery | Designated Partner | 27 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
Storilabs System Technologies LLP is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arteak Private Limited | ₹1.79 Cr (FY 2025) | 176.0% | Indore, Madhya Pradesh, India | |||
| Pinaq Remedies (India) Private Limited | ₹1.79 Cr (FY 2025) | 54.0% | Rajkot, Gujarat, India | |||
| Indic Inspirations India Private Limited | ₹1.78 Cr (FY 2024) | -4.0% | Pune, Maharashtra, India | |||
| Shoprtv Private Limited | ₹1.78 Cr (FY 2025) | 1050.0% | Ameenpur, Telangana, India | |||
| 21 Fools Design and Entertainment Private Limited | ₹1.78 Cr (FY 2024) | 2.0% | Jaipur, Rajasthan, India | |||
| Storilabs System Technologies LLPthis company | ₹1.78 Cr (FY 2023) | Bangalore, Karnataka, India | ||||
| WWS Skyshop Private Limited | ₹1.77 Cr (FY 2024) | 19.0% | Indore, Madhya Pradesh, India | |||
| Avibay Private Limited | ₹1.76 Cr (FY 2024) | 10.0% | New Delhi, Delhi, India | |||
| Manzuri Wellness Private Limited | ₹1.75 Cr (FY 2024) | 32.0% | Delhi, India | |||
| Kroslo Enterprises Private Limited | ₹1.75 Cr (FY 2025) | Sonipat, Haryana, India | ||||
| Interfaceweb Communications Private Limited | ₹1.75 Cr (FY 2023) | 55.0% | Vasai West Palghar, Maharashtra, India |
To see the full peer comparison of Storilabs System Technologies LLP, buy the company report.
Legal cases
No court or tribunal cases involving Storilabs System Technologies LLP 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 Storilabs System Technologies LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Storilabs System Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32ACUFS4531J1ZS | Kerala | Active | 23 Mar 2019 |
To see the full GST registrations and return filing status of Storilabs System Technologies LLP, buy the company report.
Recent activity
Storilabs System Technologies LLP has 3 designated partner changes on record since 2015: 3 appointments. The latest: Subair Padinchare Porora was appointed as Designated Partner on 25 May 2018.
Frequently asked questions
Storilabs System Technologies is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 27 April 2015 (11+ years old) and is registered under LLPIN AAD-8391.
Storilabs System Technologies has 3 current designated partners:
- Subair Padinchare Porora - Designated Partner
- Nabeel Hamad Saidalavi - Designated Partner
- Sahir Kunganchery - Designated Partner
The latest financial statements of Storilabs System Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Storilabs System Technologies is 32ACUFS4531J1ZS, registered in Kerala.
The LLPIN (Limited Liability Partnership Identification Number) of Storilabs System Technologies is AAD-8391. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Storilabs System Technologies was incorporated on 27 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Storilabs System Technologies by revenue are Arteak Private Limited, Pinaq Remedies (India) Private Limited, Indic Inspirations India Private Limited, Shoprtv Private Limited, 21 Fools Design and Entertainment Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Subair Padinchare Porora was appointed as Designated Partner on 25 May 2018. Nabeel Hamad Saidalavi was appointed as Designated Partner on 27 Apr 2015. Sahir Kunganchery was appointed as Designated Partner on 27 Apr 2015.
Yes, Storilabs System Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-08-0008803).
Storilabs System Technologies can be reached through the website storilabs.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Storilabs System Technologies is at 31 Kamadhenu Hbcs B Narayana Pur Mahadevapura, Bangalore, Karnataka, India – 560048.