Lakshya Tech India Private Limited

Supplier of cutting tools and industrial lubricants based in Bangalore.

2011 | Bangalore, Karnataka (India) | Active
Last Updated: July 07, 2024

Lakshya Tech India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.91 Cr
  • Revenue Growth 10.59%
  • Profit Growth -70.38%
  • Ebitda -3.05%
  • Net Worth 13.22%
  • Total Assets 9.52%

About Lakshya Tech India

Lakshya Tech India Private Limited (LTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 September 2011 and has a history of 13 years and four months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Chemicals And Materials 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 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹8.91 Cr.

Vetrivelan Subramanian, Ravindra Dhegaskar, and Dhavapriya Vetrivelan serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909KA2011PTC060267

  • Company No.

    060267

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Sep 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Chemicals and Materials
Machinery and Equipment

Who are the key members and board of directors at Lakshya Tech India?

Board Members (3)

Name Designation Appointment Date Status
Vetrivelan Subramanian Country flag representing In Director 01-Jan-2013 Current
Ravindra Dhegaskar Country flag representing In Director 06-Sep-2011 Current
Dhavapriya Vetrivelan Country flag representing In Director 06-Sep-2011 Current

Financial Performance of Lakshya Tech India.

Lakshya Tech India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.59% increase. The company also saw a substantial fall in profitability, with a 70.38% decrease in profit. The company's net worth Soared by an impressive increase of 13.22%.

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
10.59%
Revenue from Operations
11.36%
Total Assets
9.52%
Profit or Loss
-70.38%
Net Worth
13.22%
EBITDA
-3.05%

What is the Ownership and Shareholding Structure of Lakshya Tech India?

In 2022, Lakshya Tech India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.91 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 7.21 Cr
  • Yes Bank Limited : 1.69 Cr

Latest Charge Details

Date Lender Amount Status
31 Jul 2023 Yes Bank Limited ₹1.69 Cr Open
05 Mar 2022 State Bank Of India ₹3.60 M Open
09 Nov 2021 State Bank Of India ₹0.75 M Open
05 Feb 2014 State Bank Of India ₹6.78 Cr Open

How Many Employees Work at Lakshya Tech India?

Unlock and access historical data on people associated with Lakshya Tech India, 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 Lakshya Tech India, 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 Lakshya Tech India's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Lakshya Tech India

Recent activity within the organization

  • Annual General Meeting

    Lakshya Tech India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 6.78 Cr registered on 05 Feb 2014 with Charge ID 10501640 was modified on 07 Sep 2023.

    07 Sep 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 1.69 Cr with Charge ID 100835960 was registered on 31 Jul 2023.

    31 Jul 2023

  • Balance Sheet

    Lakshya Tech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.36 Cr with Charge ID 100562525 was registered on 05 Mar 2022.

    05 Mar 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.07 Cr with Charge ID 100538296 was registered on 09 Nov 2021.

    09 Nov 2021

Frequently asked questions

  • Lakshya Tech India Private Limited was incorporated on 06 Sep 2011.

  • The authorized share capital of Lakshya Tech India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Lakshya Tech India Private Limited.

    • Vetrivelan Subramanian
    • Ravindra Ramchandra Dhegaskar
    • Dhavapriya Vetrivelan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lakshya Tech India Private Limited is No.39/304 Chikka Thogur Village, (Near Johky Factory) Begur Hobli Bangalore South, Karnataka, India, 560068.

  • The corporate identification number (CIN) of Lakshya Tech India Private Limited is U51909KA2011PTC060267 and the company number is 060267 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lakshya Tech India Private Limited is https://www.lakshyatech.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lakshya Tech India Private Limited has risen by 10.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lakshya Tech India Private Limited has experienced an upsurge of 13.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lakshya Tech India Private Limited amount to ₹ 8.91 Cr.

  • The most recent Balance Sheet for Lakshya Tech India Private Limited was filed with the ROC on 31 Mar 2023.