Lancesoft India Private Limited

IT company providing software and hardware services, networking, e-commerce, and computer education.

2002 | Bangalore South, Karnataka (India) | Active
Last Updated: July 29, 2024

Lancesoft India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 22 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 41.25 Cr
  • Revenue Growth 88.44%
  • Profit Growth 130.92%
  • Ebitda 142.29%
  • Net Worth 52.51%
  • Total Assets 36.76%

About Lancesoft India

Lancesoft India Private Limited (LIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 December 2002 and has a history of 22 years and two months. Its registered office is in Bangalore South, 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 0.50 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹41.25 Cr.

Sonia Sharma, Madanlal Saraswathi, and Rajendra Sharma serve as directors at the Company.

Company Details

  • Location

    Bangalore South, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lancesoft.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2002PTC061327

  • Company No.

    061327

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Dec 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Lancesoft India Private Limited offer?

Lancesoft India Private Limited offers a wide range of products and services, including Computer & Mobile Apps Development, Application Development Service, Contract Employment & Staffing Firms, Manpower Service, Software Development & IT Consultant, Account Management Software Services.

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

Board Members (3)

NameDesignationAppointment DateStatus
Sonia Sharma Country flag representing In Director 10-Aug-2020Current
Madanlal Saraswathi Country flag representing In Director 20-Jul-2015Current
Rajendra Sharma Country flag representing In Director 20-Jul-2015Current

Financial Performance of Lancesoft India.

Lancesoft India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 88.44% increase. The company also saw a substantial improvement in profitability, with a 130.92% increase in profit. The company's net worth Soared by an impressive increase of 52.51%.

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
88.44%
Revenue from Operations
88.43%
Total Assets
36.76%
Profit or Loss
130.92%
Net Worth
52.51%
EBITDA
142.29%

What is the Ownership and Shareholding Structure of Lancesoft India?

In 2023, Lancesoft 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

₹412.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 40.00 Cr
  • Axis Bank Limited : 1.25 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2023Others₹40.00 CrOpen
26 May 2023Axis Bank Limited₹1.25 CrOpen

How Many Employees Work at Lancesoft India?

Lancesoft India has a workforce of 3167 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lancesoft 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 Lancesoft 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 Lancesoft India

Recent activity within the organization

  • Annual General Meeting

    Lancesoft 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 Others amounted to Rs. 400.00 M with Charge ID 100794816 was registered on 29 Sep 2023.

    29 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 12.50 M with Charge ID 100731573 was registered on 26 May 2023.

    26 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Sonia Sharma was appointed as a Director was appointed as a Director on 10 Aug 2020 & has been associated with this company since 4 years 6 months .

    10 Aug 2020

  • Director Appointment

    Madanlal Saraswathi was appointed as a Director was appointed as a Director on 20 Jul 2015 & has been associated with this company since 9 years 7 months .

    20 Jul 2015

Frequently asked questions

  • Lancesoft India Private Limited was incorporated on 27 Dec 2002.

  • The authorized share capital of Lancesoft India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.30 M.

  • Currently 3 directors are associated with Lancesoft India Private Limited.

    • Sonia Sharma
    • Madanlal Saraswathi
    • Rajendra Prasad Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lancesoft India Private Limited is Mobius Tower Sjr I Park Road Number 9, Epip Zone WhitefieldEpip, Bangalore South, Karnataka, India, 560066.

  • The corporate identification number (CIN) of Lancesoft India Private Limited is U72200KA2002PTC061327 and the company number is 061327 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lancesoft India Private Limited is https://www.lancesoft.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lancesoft India Private Limited has risen by 88.44%.

  • As Per 2023 financial reports, 3167 employees are currently employed by Lancesoft India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lancesoft India Private Limited has experienced an upsurge of 52.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lancesoft India Private Limited amount to ₹ 41.25 Cr.

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

Similar Companies Based on IT Consulting & Support Services