Vance Techlabs Private Limited

Vance Techlabs Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U66301KA2021PTC172240 Incorporated 27 December 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Under Liquidation Private Limited Company internet
Data last updated
Revenue · FY 2025
₹2.21 Lakh
▼ 100% YoY
Net loss · FY 2025
₹5.46 Cr
Latest filing
EBITDA · FY 2025
-₹5.46 Cr
Latest filing
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered

About Vance Techlabs Private Limited

Data last updated:

Vance Techlabs Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 27 December 2021.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U66301KA2021PTC172240. Its GSTIN is 29AAICV4737C1Z5 (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Rahul Bakshi and Beenu Sahni.

Its last annual general meeting (AGM) was held on 10 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.21 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹5.46 Cr and EBITDA of -₹5.46 Cr. Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.

The last known website on record is vance.tech.

Company details

CIN U66301KA2021PTC172240
Registration Number 172240
Incorporation Date 27 December 2021
ROC Bangalore
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 10 June 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Vance Techlabs Private Limited's registered office is in Bangalore, Karnataka. Its website is vance.tech. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Apps
  • Registered Address
    Wework Prestige Atlanta 80 Feet Main Road, Koramangala 1A Block Software Industry Industrial Layout, Bangalore, Karnataka, India – 560034
  • Industry
    Internet, Online Financial Services

To see the full contact details of Vance Techlabs Private Limited, buy the company report.

Comprehensive company report
Vance Techlabs 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
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Business activity

The main business activity of Vance Techlabs is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Vance Techlabs Private Limited, buy the company report.

Financials of Vance Techlabs Private Limited

FY 2025 filings available

Vance Techlabs Private Limited reported revenue of ₹2.21 Lakh (down 100% YoY) for FY 2025.

Revenue · FY 2025
₹2.21 Lakh ▼ 100%
Net loss · FY 2025
₹5.46 Cr
EBITDA · FY 2025
-₹5.46 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 51%
3 years · compounded
▼ 80%

Revenue has grown at a compounded annual rate (CAGR) of 2% over three years. EBITDA fell 51% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
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-₹5.46 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.46 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin
Net Profit Margin
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 Vance Techlabs Private Limited, buy the company report.

Board of directors of Vance Techlabs Private Limited

Vance Techlabs has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Rahul BakshiDirector11 May 20233 Years 5 MonthsAs last reported
Beenu SahniDirector13 Jan 20251 Years 9 MonthsAs last reported
Amit TalwarIrp/Rp/Liquidator18 Sep 20251 Years 1 MonthsAs last reported

Auditor

Vance Techlabs Private Limited is audited by Manikarnike Ravi Raj for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Manikarnike Ravi RajFY 2024018497

Shareholding

The shareholding of Vance Techlabs Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vance Techlabs Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vance Techlabs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vance Techlabs has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAICV4737C1Z5KarnatakaActive14 Jul 2022

To see the full GST registrations and return filing status of Vance Techlabs Private Limited, buy the company report.

Recent activity

Vance Techlabs Private Limited has 8 board changes on record since 2022: 3 appointments and 5 cessations. The latest: Amit Talwar was appointed as Irp/Rp/Liquidator on 18 Sep 2025.

Appointed
Amit Talwar was appointed as Irp/Rp/Liquidator.
AGM
Vance Techlabs Private Limited last Annual general meeting of members was held on 10 Jun 2025 as per latest MCA records.
Filing
Vance Techlabs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Beenu Sahni was appointed as Director.
Ceased
Chetan Gaur ceased to be Director Appointed In Casual Vacancy.
Ceased
Parth Pramendra Garg ceased to be Director.
Appointed
Rahul Bakshi was appointed as Director.
Ceased
Aroop Prabhu ceased to be Additional Director.
Ceased
Manish Bansal ceased to be Director.
Ceased
Shilpa Bhat ceased to be Director.
Incorporation
27 Dec 2021
Vance Techlabs Private Limited was registered on 27 Dec 2021 with Roc Bangalore & aged 4 years 10 months as per MCA records.

Frequently asked questions

Vance Techlabs is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Vance Techlabs is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 27 December 2021 and is registered under CIN U66301KA2021PTC172240. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Vance Techlabs has 3 current directors:

The latest financial statements of Vance Techlabs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 June 2025. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Vance Techlabs is U66301KA2021PTC172240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vance Techlabs was incorporated on 27 December 2021. It is registered with the Registrar of Companies, Bangalore.

Amit Talwar was appointed as Irp/Rp/Liquidator on 18 Sep 2025. Beenu Sahni was appointed as Director on 13 Jan 2025. Chetan Gaur ceased to be Director Appointed In Casual Vacancy on 22 May 2024. Vance Techlabs has 8 board changes on record in total.

Vance Techlabs can be reached through the website vance.tech. Its registered office is in Bangalore, Karnataka, India.

The registered office of Vance Techlabs is at Wework Prestige Atlanta 80 Feet Main Road, Koramangala 1A Block Software Industry Industrial Layout, Bangalore, Karnataka, India – 560034.

The GSTIN of Vance Techlabs is 29AAICV4737C1Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.