
About Taqbit Labs Private Limited
Data last updated:
Taqbit Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC112450. Its GSTIN is 29AAGCT7334P1ZJ (Karnataka).
The company has an authorised share capital of ₹13 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Animesh Aaryan and Shubham Saloni.
Its last annual general meeting (AGM) was held on 17 July 2025, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Manyata Embassy Business Park Ground Floor E1 Block Beech Building Outer Ring Road, Bangalore, Karnataka, India – 560045.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.41 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹29.53 Lakh (net margin -21%) and EBITDA of -₹20.29 Lakh (EBITDA margin -14.4%). Revenue has grown at a compounded annual rate (CAGR) of 228% over three years.
The company is associated with 1 brand: TAQBit. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹42 Lakh; the latest was in February 2020. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Iranis Technotronix Private Limited with revenue of ₹1.41 Cr.
Taqbit Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0037077). For more details, the company can be reached via its website taqbit.com.
Company details
Recognitions & Rankings of Taqbit Labs
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0037077
Contact details
Taqbit Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is taqbit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressManyata Embassy Business Park Ground Floor E1 Block Beech Building Outer Ring Road, Bangalore, Karnataka, India – 560045
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Taqbit Labs Private Limited, buy the company report.
- 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
Taqbit Labs operates one associated brand: TAQBit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data security solutions for enterprises are delivered via quantum technology. | taqbit.com |
Business activity
The main business activity of Taqbit Labs is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Taqbit Labs Private Limited, buy the company report.
Financials of Taqbit Labs Private Limited
FY 2022 filings availableTaqbit Labs Private Limited reported revenue of ₹1.41 Cr (down 10% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 228%. EBITDA fell 181% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| 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 | -₹20.29 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹29.53 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -14.4% | |||
| Net Profit Margin | -21% | |||
| 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 Taqbit Labs Private Limited, buy the company report.
Board of directors of Taqbit Labs Private Limited
Taqbit Labs has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubham Saloni | Additional Director | 07 Sep 2023 | 3 Years 1 Months | Current |
| Animesh Aaryan | Director | 19 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Taqbit 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iranis Technotronix Private Limited | ₹1.41 Cr (FY 2025) | 25.0% | Srinagar, Jammu and Kashmir, India | |||
| Chhabra IT Services Private Limited | ₹1.41 Cr (FY 2025) | -18.0% | Kolkata, West Bengal, India | |||
| Xip Business Solution Private Limited | ₹1.41 Cr (FY 2024) | 2.0% | Vadodara, Gujarat, India | |||
| Leafway Ceramica Private Limited | ₹1.41 Cr (FY 2024) | 7.0% | Ahmedabad, Gujarat, India | |||
| Wizspk Communication and PR Private Limited | ₹1.41 Cr (FY 2024) | -64.0% | Mumbai, Maharashtra, India | |||
| Taqbit Labs Private Limitedthis company | ₹1.41 Cr (FY 2022) | -₹29.53 Lakh | -21% | -10.0% | Bangalore, Karnataka, India | |
| Perseverance IT Solutions Private Limited | ₹1.41 Cr (FY 2025) | -24.0% | New Delhi, Delhi, India | |||
| All Tech Media Private Limited | ₹1.4 Cr (FY 2016) | 203.0% | Hyderabad, Telangana, India | |||
| Vishala2z Medilinks Private Limited | ₹1.4 Cr (FY 2024) | 45.0% | Secunderabad, Telangana, India | |||
| Supervue AI Private Limited | ₹1.4 Cr (FY 2025) | 145.0% | Dabagardens, Visakhapatnam, Andhra Pradesh, India | |||
| Forest Creative Communications Private Limited | ₹1.4 Cr (FY 2022) | 51.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Taqbit Labs Private Limited, buy the company report.
Auditor
Taqbit Labs Private Limited is audited by A S P R & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S P R & CO | FY 2021 | 018262S |
Shareholding
The shareholding of Taqbit Labs Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Taqbit Labs Private Limited, buy the company report.
Deals & funding
Taqbit Labs Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹42 Lakh; the latest was in February 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Funding round | ₹42 Lakh | Investors: 2 individuals |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Taqbit Labs Private Limited 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 Taqbit Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Taqbit Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCT7334P1ZJ | Karnataka | Active | 01 Jul 2018 |
To see the full GST registrations and return filing status of Taqbit Labs Private Limited, buy the company report.
Recent activity
Taqbit Labs Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Sugata Sarkar ceased to be Director on 12 Sep 2023.
Frequently asked questions
Taqbit Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 April 2018 (8+ years old) and is registered under CIN U74999KA2018PTC112450.
Taqbit Labs has 2 current directors:
- Shubham Saloni - Additional Director
- Animesh Aaryan - Director
The latest financial statements of Taqbit Labs on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 17 July 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Taqbit Labs is 29AAGCT7334P1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Taqbit Labs is U74999KA2018PTC112450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Taqbit Labs was incorporated on 19 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Taqbit Labs has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹42 Lakh; the latest was in February 2020.
The peers of Taqbit Labs by revenue are Iranis Technotronix Private Limited, Chhabra IT Services Private Limited, Xip Business Solution Private Limited, Leafway Ceramica Private Limited, Wizspk Communication and PR Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Sugata Sarkar ceased to be Director on 12 Sep 2023. Shubham Saloni was appointed as Additional Director on 07 Sep 2023. Animesh Aaryan ceased to be Director on 06 Mar 2022. Taqbit Labs has 5 board changes on record in total.
Yes, Taqbit Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Taqbit Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0037077).