DPIIT recognised startup Government of India
Startup India
Vrai Labs Private Limited
Vrai Labs Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.58 Cr
▼ 24% YoY
Net profit · FY 2025
₹17.41 Lakh
Net margin 11%
EBITDA · FY 2025
₹29.06 Lakh
EBITDA margin 18.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Vrai Labs Private Limited
Data last updated:
Vrai Labs Private Limited is a private limited company based in Mumbai, Maharashtra, 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 11 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC300687. Its GSTIN is 27AAGCV1347Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Advait Krishna Ruia and Kunal Ramniklal Maru.
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 920 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.58 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹17.41 Lakh (net margin 11%) and EBITDA of ₹29.06 Lakh (EBITDA margin 18.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 425% over five years.
The company is associated with 1 brand: SuperTokens.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999MH2017PTC300687
Registration Number 300687
Incorporation Date 11 October 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Vrai Labs
Contact details
Vrai Labs Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address920 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Vrai Labs Private Limited, buy the company report.
Comprehensive company report
Vrai Labs 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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Brands
Vrai Labs operates one associated brand: SuperTokens. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| SaaS-based open source authentication solutions are provided by SuperTokens. | supertokens.com |
Business activity
The main business activity of Vrai Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Vrai Labs Private Limited, buy the company report.
Financials of Vrai Labs Private Limited
FY 2025 filings availableVrai Labs Private Limited reported revenue of ₹1.58 Cr (down 24% YoY) for FY 2025.
Revenue · FY 2025
₹1.58 Cr ▼ 24%
Net profit · FY 2025
₹17.41 Lakh margin 11%
EBITDA · FY 2025
₹29.06 Lakh margin 18.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 12%
5 years · compounded
▲ 425%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 8%
5 years · compounded
▲ 275%
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 425%. EBITDA fell 37% 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 | ₹29.06 Lakh | ||||
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| Net Profit (PAT) | ₹17.41 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 18.4% | ||||
| Net Profit Margin | 11% | ||||
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To see the full financial statements and ratios of Vrai Labs Private Limited, buy the company report.
Board of directors of Vrai Labs Private Limited
Vrai Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Ramniklal Maru | Additional Director | 22 Nov 2024 | 1 Years 11 Months | Current |
| Advait Krishna Ruia Also directs: Shivhari Films Private Limited, Ab Color Private Ltd, Silver Soaps Private Limited and 5 more | Director | 11 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Vrai Labs Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hytes IT Software Private Limited | ₹1.58 Cr (FY 2024) | 12.0% | Bangalore, Karnataka, India | |||
| Reservoir Digital Private Limited | ₹1.58 Cr (FY 2024) | 1185.0% | Mumbai, Maharashtra, India | |||
| Proaxion Technologies Private Limited | ₹1.58 Cr (FY 2023) | 7.0% | Bangalore, Karnataka, India | |||
| Vrai Labs Private Limitedthis company | ₹1.58 Cr (FY 2025) | ₹17.41 Lakh | 11% | -24.0% | Mumbai, Maharashtra, India | |
| Conqrs Innovations Private Limited | ₹1.58 Cr (FY 2025) | -6.0% | Hyderabad, Telangana, India | |||
| Green Mayors Solutions Private Limited | ₹1.57 Cr (FY 2024) | 20.0% | Bengaluru, Karnataka, India | |||
| Samish Technosoft Private Limited | ₹1.57 Cr (FY 2021) | 68.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Vrai Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vrai 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 Vrai Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vrai Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCV1347Q1ZQ | Maharashtra | Active | 19 Jan 2019 |
To see the full GST registrations and return filing status of Vrai Labs Private Limited, buy the company report.
Recent activity
Vrai Labs Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Kunal Ramniklal Maru was appointed as Additional Director on 22 Nov 2024.
AGM
Vrai Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vrai Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Kunal Ramniklal Maru was appointed as Additional Director.
Ceased
Rishabh Sureshkumar Poddar ceased to be Director.
Appointed
Advait Krishna Ruia was appointed as Director.
Incorporation
11 Oct 2017
Vrai Labs Private Limited was registered on 11 Oct 2017 with Roc Mumbai & aged 9 years 14 days as per MCA records.
Frequently asked questions
Vrai Labs is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 October 2017 (9+ years old) and is registered under CIN U74999MH2017PTC300687.
Vrai Labs has 2 current directors:
- Kunal Ramniklal Maru - Additional Director
- Advait Krishna Ruia - Director
The latest financial statements of Vrai 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 2018 are in the company report.
The GSTIN of Vrai Labs is 27AAGCV1347Q1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vrai Labs is U74999MH2017PTC300687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vrai Labs was incorporated on 11 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vrai Labs by revenue are Hytes IT Software Private Limited, Reservoir Digital Private Limited, Proaxion Technologies Private Limited, Conqrs Innovations Private Limited, Green Mayors Solutions Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Kunal Ramniklal Maru was appointed as Additional Director on 22 Nov 2024. Rishabh Sureshkumar Poddar ceased to be Director on 22 Nov 2024. Advait Krishna Ruia was appointed as Director on 11 Oct 2017.
Yes, Vrai Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Vrai Labs is at 920 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021.
Vrai Labs operates in the information technology industry, in the application development and software solutions segment.