Openwifi Labs Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 8 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -47.12%
- Profit Growth -138.48%
- Ebitda -270.00%
- Net Worth -91.66%
- Total Assets -0.00%
About Openwifi Labs
Openwifi Labs Private Limited (OLPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 02 December 2016 (Eight years and five months 12 days old ). Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Telecom Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Openwifi Labs Private Limited India is Yeshwanth Reddy as CEO. Gade Shobha, Yeshwanth Reddy, and Patlolla Kirti serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999TG2016PTC113225
- Company No.
113225
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Dec 2016
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Telecom
What products or services does Openwifi Labs Private Limited offer?
Openwifi Labs Private Limited offers a wide range of products and services, including Computer and Networking Solutions, Networking Solutions, Tele Conferencing & VoIP Services, IP Telephony Service, Data Entry & Data Processing Service, Data Conversion Services.
Openwifi Labs Private Limited
Explore comprehensive data for Openwifi Labs Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Openwifi Labs?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yeshwanth Reddy  | CEO | 02-Dec-2016 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Patlolla Kirti | Director | 19-Feb-2018 | Current |
| Yeshwanth Reddy | Director and Ceo | 02-Dec-2016 | Current |
| Gade Shobha | Director | 02-Dec-2016 | Current |
Financial Performance of Openwifi Labs.
Openwifi Labs Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 47.12% decrease. The company also saw a substantial fall in profitability, with a 138.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 91.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Openwifi Labs?
In 2021, Openwifi Labs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
A.O.F. Filtration Systems Private LimitedGade Shobha and Yeshwanth Reddy are mutual person
Aditya Fastek Filters Private LimitedGade Shobha is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Openwifi Labs?
Unlock and access historical data on people associated with Openwifi Labs, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Openwifi Labs, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Openwifi Labs's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Openwifi Labs
Recent activity within the organization
- Annual General Meeting
Openwifi Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Openwifi Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Director Appointment
Patlolla Reddy Kirti was appointed as a Director was appointed as a Director on 19 Feb 2018 & has been associated with this company since 7 years 2 months .
- Director Appointment
Gade Shobha was appointed as a Director was appointed as a Director on 02 Dec 2016 & has been associated with this company since 8 years 5 months .
- Director Appointment
Yeshwanth Gade Reddy was appointed as a Director was appointed as a Director on 02 Dec 2016 & has been associated with this company since 8 years 5 months .
- Director Appointment
Yeshwanth Gade Reddy was appointed as a Ceo was appointed as a Ceo on 02 Dec 2016 & has been associated with this company since 8 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Openwifi Labs Private Limited?
Openwifi Labs Private Limited was incorporated on 02 Dec 2016.
What is authorized share capital and paid-up capital of Openwifi Labs Private Limited?
The authorized share capital of Openwifi Labs Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Openwifi Labs Private Limited?
Currently 4 directors are associated with Openwifi Labs Private Limited.
- Gade Shobha
- Yeshwanth Gade Reddy
- Patlolla Reddy Kirti
- Yeshwanth Gade Reddy
What is the registered address of Openwifi Labs Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Openwifi Labs Private Limited is 8-3-833/282 2Nd Floor, Phase 2 Kamalapuri Colony India, Hyderabad, Telangana, 500073.
What is the corporate identification number (CIN) and company number of Openwifi Labs Private Limited?
The corporate identification number (CIN) of Openwifi Labs Private Limited is U74999TG2016PTC113225 and the company number is 113225 as per Ministry of Corporate Affairs (MCA).
What is the official website of Openwifi Labs Private Limited?
The Official website of Openwifi Labs Private Limited is https://www.simply5.io
What has been the recent revenue trend for Openwifi Labs Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Openwifi Labs Private Limited has fallen by -47.12%.
What change has been observed in the net worth of Openwifi Labs Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Openwifi Labs Private Limited has experienced an downturn of -91.66%.
When was the last Balance Sheet of Openwifi Labs Private Limited filed with the ROC?
The most recent Balance Sheet for Openwifi Labs Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records