Rove Labs Private Limited

Founded in 2017 and headquartered in Karnataka, India.

2017 | Davangere, Karnataka (India) | Active
Last Updated: December 27, 2024

Rove Labs Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 324.08%
  • Profit Growth -17.85%
  • Ebitda 29.18%
  • Net Worth -12.83%
  • Total Assets 98.75%

About Rove Labs

Rove Labs Private Limited (RLPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 28 February 2017 (Seven years and 11 months 10 days old ). Its registered office is in Davangere, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Shreyas Vernekar and Naveen Kumar serve as directors at the Company.

Company Details

  • Location

    Davangere, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2017PTC100899

  • Company No.

    100899

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 2017

  • Date of AGM

    28 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Rove Labs?

Board Members (2)

Name Designation Appointment Date Status
Shreyas Vernekar Country flag representing In Director 28-Feb-2017 Current
Naveen Kumar Country flag representing In Director 28-Feb-2017 Current

Financial Performance of Rove Labs.

Rove Labs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 324.08% increase. The company also saw a substantial fall in profitability, with a 17.85% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.83%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
324.08%
Revenue from Operations
381.86%
Total Assets
98.75%
Profit or Loss
-17.85%
Net Worth
-12.83%
EBITDA
29.18%

What is the Ownership and Shareholding Structure of Rove Labs?

Unlock access to Rove Labs's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Rove Labs?

Unlock and access historical data on people associated with Rove Labs, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rove 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 Rove Labs's trajectory.

Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Rove Labs

Recent activity within the organization

  • Annual General Meeting

    Rove Labs Private Limited last Annual general meeting of members was held on 28 Nov 2023 as per latest MCA records.

    28 Nov 2023

  • Balance Sheet

    Rove Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Shreyas Shivakumar Vernekar was appointed as a Director was appointed as a Director on 28 Feb 2017 & has been associated with this company since 7 years 11 months .

    28 Feb 2017

  • Director Appointment

    Naveen Kumar was appointed as a Director was appointed as a Director on 28 Feb 2017 & has been associated with this company since 7 years 11 months .

    28 Feb 2017

  • Company Incorporation

    Rove Labs Private Limited was registered on 28 Feb 2017 with Roc Bangalore & aged 7 years 11 months as per MCA records.

    28 Feb 2017

Frequently asked questions

  • Rove Labs Private Limited was incorporated on 28 Feb 2017.

  • The authorized share capital of Rove Labs Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Rove Labs Private Limited.

    • Shreyas Shivakumar Vernekar
    • Naveen Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rove Labs Private Limited is 1962/106 5Th Cross Vinaya Krupa Vinayaka Badavane, Vidyanagar India, Davanagere, Karnataka, 577005.

  • The corporate identification number (CIN) of Rove Labs Private Limited is U74999KA2017PTC100899 and the company number is 100899 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rove Labs Private Limited has risen by 324.08%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rove Labs Private Limited has experienced an downturn of -12.83%.

  • The most recent Balance Sheet for Rove Labs Private Limited was filed with the ROC on 31 Mar 2023.

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