- Udyam number
- UDYAM-MP-23-0032830

About Valere Labs Private Limited
Data last updated:
Valere Labs Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2020PTC051634. Its GSTIN is 23AAHCV4382Q1ZO (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anmol Upadhyay and Dipali Radheyshyam Vyas.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 203 Apollo Premier Vijay Nagar, Indore, Madhya Pradesh, India – 452016.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.6 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹10.86 Lakh (net margin 1%) and EBITDA of ₹43.31 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years.
The company has about 86 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.57 Cr on record.
Valere Labs Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MP-23-0032830). For more details, the company can be reached via its website valere.io.
Company details
Recognitions & Rankings of Valere Labs
Contact details
Valere Labs Private Limited's registered office is in Indore, Madhya Pradesh. Its website is valere.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No. 203 Apollo Premier Vijay Nagar, Indore, Madhya Pradesh, India – 452016
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Valere 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
Business activity
The main business activity of Valere Labs is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Valere Labs Private Limited, buy the company report.
Financials of Valere Labs Private Limited
FY 2025 filings availableValere Labs Private Limited reported revenue of ₹10.6 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 68% over three years, including 24% growth 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹43.31 Lakh | |||
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| Net Profit (PAT) | ₹10.86 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 4.1% | |||
| Net Profit Margin | 1% | |||
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To see the full financial statements and ratios of Valere Labs Private Limited, buy the company report.
Board of directors of Valere Labs Private Limited
Valere Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anmol Upadhyay Also directs: Onve (OPC) Private Limited | Director | 28 Jun 2020 | 6 Years 4 Months | Current |
| Dipali Radheyshyam Vyas | Director | 28 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Valere Labs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eternalpace Technologies Private Limited | ₹10.61 Cr (FY 2025) | 17.0% | Hyderabad, Telangana, India | |||
| Cfra India Private Limited | ₹10.61 Cr (FY 2025) | 22.0% | Bangalore, Karnataka, India | |||
| Innovatise Technology Private Limited | ₹10.61 Cr (FY 2024) | -11.0% | Thiruvananthapuram, Kerala, India | |||
| Manras Technologies Private Limited | ₹10.61 Cr (FY 2025) | -20.0% | Ambala Cantt, Haryana, India | |||
| Daffodil Technologies (I) Private Limited | ₹10.6 Cr (FY 2024) | -14.0% | Bhopal, Madhya Pradesh, India | |||
| Valere Labs Private Limitedthis company | ₹10.6 Cr (FY 2024) | ₹10.86 Lakh | 1% | 24.0% | 86 | Indore, Madhya Pradesh, India |
| Shivohm Softech Private Limited | ₹10.6 Cr (FY 2025) | -14.0% | Gandhinagar, Gujarat, India | |||
| Tranpac Software Solutions Private Limited | ₹10.6 Cr (FY 2025) | 26.0% | Chennai, Tamil Nadu, India | |||
| Cogent Innovations Private Limited | ₹10.59 Cr (FY 2025) | 14.0% | Chennai, Tamil Nadu, India | |||
| Digitaaztrans Technologies Private Limited | ₹10.58 Cr (FY 2024) | 93.0% | Bhatagaon Chowk, Chhattisgarh, India | |||
| Tuolumne Technology Private Limited | ₹10.54 Cr (FY 2024) | 10.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Valere Labs Private Limited, buy the company report.
Auditor
Valere Labs Private Limited is audited by Katariya Rahul & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Katariya Rahul & Associates | FY 2023 | 033763C |
Shareholding
The shareholding of Valere Labs Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Valere Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2024 | 100908345 | Indian Overseas Bank | ₹27 Lakh | Open | |
| 22 Feb 2024 | 100879908 | Hdfc Bank Limited | ₹1.3 Cr | Open |
To see the full charge records of Valere Labs Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Valere 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 Valere Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Valere Labs Private Limited has a workforce of 86 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Valere Labs has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCV4382Q1ZO | Madhya Pradesh | Active | 06 Aug 2020 |
| 27AAHCV4382Q1ZG | Maharashtra | Active | 01 Dec 2022 |
To see the full GST registrations and return filing status of Valere Labs Private Limited, buy the company report.
Recent activity
Valere Labs Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Anmol Upadhyay was appointed as Director on 28 Jun 2020.
Frequently asked questions
Valere Labs is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 June 2020 (6+ years old) and is registered under CIN U72900MP2020PTC051634.
Valere Labs has 2 current directors:
- Anmol Upadhyay - Director
- Dipali Radheyshyam Vyas - Director
The latest financial statements of Valere Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Valere Labs is 23AAHCV4382Q1ZO, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAHCV4382Q1ZG (Maharashtra).
The CIN (Corporate Identification Number) of Valere Labs is U72900MP2020PTC051634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Valere Labs was incorporated on 28 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Valere Labs by revenue are Eternalpace Technologies Private Limited, Cfra India Private Limited, Innovatise Technology Private Limited, Manras Technologies Private Limited, Daffodil Technologies (I) Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Anmol Upadhyay was appointed as Director on 28 Jun 2020. Dipali Radheyshyam Vyas was appointed as Director on 28 Jun 2020.
Yes, Valere Labs is registered as an MSME under Udyam registration (number: UDYAM-MP-23-0032830).
Valere Labs can be reached through the website valere.io. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Valere Labs is at Shop No. 203 Apollo Premier Vijay Nagar, Indore, Madhya Pradesh, India – 452016.

