- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0019223

Theta Labs Private Limited
About Theta Labs Private Limited
Data last updated:
Theta Labs Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 09 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24300MH1994PTC082729. Its GSTIN is 23AABCT1969M1Z1 (Madhya Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹9.94 Lakh. It was formerly known as Theta Labs Limited. It is led by directors Meena Agrawal and Bharat Agrawal.
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 Flat – 701 Morya Fortune Sant Chowk Mela Road Gujrati Seva Mandal Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.13 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹11 Cr (net margin 45.6%) and EBITDA of ₹4.1 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 29% over five years.
The company has about 97 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Theta Token. As per MCA filings, the company has open charges of ₹27.6 Cr and satisfied charges of ₹9 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in November 2022.
Theta Labs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0019223). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Theta Labs has one previous CIN (Corporate Identification Number): U24300MH1994PLC082729. The current CIN is U24300MH1994PTC082729, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24300MH1994PTC082729 | Current |
| U24300MH1994PLC082729 | Previous |
Recognitions & Rankings of Theta Labs
Contact details
Theta Labs Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat – 701 Morya Fortune Sant Chowk Mela Road Gujrati Seva Mandal Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Theta 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
Theta Labs operates one associated brand: Theta Token. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Decentralized peer-to-peer video delivery is enabled through token rewards. | thetatoken.org |
Business activity
The main business activities of Theta Labs are trade and hospital and medical care. In detail, this covers wholesale trading and other hospital and medical care activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Theta Labs Private Limited, buy the company report.
Financials of Theta Labs Private Limited
FY 2024 filings availableTheta Labs Private Limited reported revenue of ₹24.13 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 15% growth in the latest year. EBITDA rose 82% 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 | ₹4.1 Cr | ||||
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| Net Profit (PAT) | ₹11 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 17% | ||||
| Net Profit Margin | 45.6% | ||||
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To see the full financial statements and ratios of Theta Labs Private Limited, buy the company report.
Board of directors of Theta Labs Private Limited
Theta Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena Agrawal Also directs: Mediworld Hospital and Health Care Consultants LLP, Theta Foods LLP, Gamma Parenterals LLP and 3 more | Director | 11 Dec 2006 | 19 Years 10 Months | Current |
| Bharat Agrawal Also directs: Mediworld Hospital and Health Care Consultants LLP, Theta Foods LLP, Gamma Parenterals LLP and 3 more | Director | 11 Dec 2000 | 25 Years 10 Months | Current |
Auditor
Theta Labs Private Limited is audited by RAKESH K. GOYAL & COMPANY for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH K. GOYAL & COMPANY | FY 2024 | 004016C |
Shareholding
The shareholding of Theta Labs Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Theta Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2023 | 100802442 | Hdfc Bank Limited | ₹2.15 Cr | Open | |
| 21 Dec 2021 | 100522601 | Others | ₹14.6 Cr | Open | |
| 19 Mar 2007 | 10044764 | Others | ₹10.85 Cr | Open | |
| 09 Sep 2021 | 100495416 | Others | ₹9 Cr | Satisfied |
To see the full charge records of Theta Labs Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Theta Labs Private Limited has 1 deal on record (1 rights issue); the latest was in November 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Rights issue | ₹1.75 Cr | Investors: 2 individuals |
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 Theta 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 Theta Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Theta Labs has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Theta Pharmaceuticals Limited | U51397MH2002PLC136652 |
To see the full group structure of Theta Labs Private Limited, buy the company report.
Employees & EPFO
Theta Labs Private Limited has a workforce of 97 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Theta Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCT1969M1Z1 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Theta Labs Private Limited, buy the company report.
Recent activity
Theta Labs Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Mohanlal Agrawal ceased to be Director on 24 Aug 2017.
News
Frequently asked questions
Theta Labs is an active private limited company based in Mumbai, Maharashtra, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 09 November 1994 (32+ years old) and is registered under CIN U24300MH1994PTC082729.
Theta Labs has 2 current directors:
- Meena Agrawal - Director
- Bharat Agrawal - Director
The latest financial statements of Theta 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 2015 are in the company report.
The GSTIN of Theta Labs is 23AABCT1969M1Z1, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Theta Labs is U24300MH1994PTC082729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Theta Labs was incorporated on 09 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Theta Labs has 1 deal on record (1 rights issue); the latest was in November 2022.
Mohanlal Agrawal ceased to be Director on 24 Aug 2017. Meena Agrawal was appointed as Director on 11 Dec 2006. Bharat Agrawal was appointed as Director on 11 Dec 2000.
Yes, Theta Labs is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0019223).
The registered office of Theta Labs is at Flat – 701 Morya Fortune Sant Chowk Mela Road Gujrati Seva Mandal Vile Parle East, Mumbai, Maharashtra, India – 400057.

