Lanco Net Limited

Provides software development, IT services, and computer hardware for businesses and individuals.

2000 | Hyderabad, Telangana (India) | Active
Last Updated: December 22, 2024

Lanco Net Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 8.84 Cr
  • Company Age 25 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 Cr
  • Revenue Growth %
  • Profit Growth 26.44%
  • Ebitda -6.90%
  • Net Worth -3.67%
  • Total Assets -0.09%

About Lanco Net

Lanco Net Limited (LNL) is a Public Limited Indian Non-Government Company incorporated in India on 05 January 2000 and has a history of 25 years and one month. Its registered office is in Hyderabad, Telangana, 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 2024. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 8.84 Cr.

The company currently has active open charges totaling ₹2.50 Cr.

Sridhar Lagadapati, Sudhakar Evani, and Raghu Velagapudi serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lancogroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28110TG2000PLC033224

  • Company No.

    033224

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 2000

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Lanco Net?

Board Members (3)

NameDesignationAppointment DateStatus
Sudhakar Evani Country flag representing In Director 10-Oct-2017Current
Sridhar Lagadapati Country flag representing In Director 20-Jun-2006Current
Raghu Velagapudi Country flag representing In Director 30-Mar-2015Current

Financial Performance of Lanco Net.

Lanco Net Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 26.44% increase in profit. The company's net worth dipped by a decrease of 3.67%.

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
Revenue from Operations
Total Assets
-0.09%
Profit or Loss
26.44%
Net Worth
-3.67%
EBITDA
-6.90%

What is the Ownership and Shareholding Structure of Lanco Net?

In 2021, Lanco Net had a public 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

₹2.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Global Trust Bank Ltd : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
17 May 2000Global Trust Bank Ltd₹2.50 CrOpen

How Many Employees Work at Lanco Net?

Unlock and access historical data on people associated with Lanco Net, 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 Lanco Net, 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 Lanco Net'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 Lanco Net

Recent activity within the organization

  • Annual General Meeting

    Lanco Net Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Balance Sheet

    Lanco Net Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Sudhakar Evani was appointed as a Director was appointed as a Director on 10 Oct 2017 & has been associated with this company since 7 years 4 months .

    10 Oct 2017

  • Director Appointment

    Raghu Ram Velagapudi was appointed as a Director was appointed as a Director on 30 Mar 2015 & has been associated with this company since 9 years 10 months .

    30 Mar 2015

  • Director Appointment

    Sridhar Lagadapati was appointed as a Director was appointed as a Director on 20 Jun 2006 & has been associated with this company since 18 years 8 months .

    20 Jun 2006

  • Charges

    A charge with Global Trust Bank Ltd amounted to Rs. 2.50 Cr with Charge ID 90122894 was registered on 17 May 2000.

    17 May 2000

Recent News, Updates & Announcement

Frequently asked questions

  • Lanco Net Limited was incorporated on 05 Jan 2000.

  • The authorized share capital of Lanco Net Limited is ₹ 12.00 Cr and paid-up capital is ₹ 8.84 Cr.

  • Currently 3 directors are associated with Lanco Net Limited.

    • Sridhar Lagadapati
    • Sudhakar Evani
    • Raghu Ram Velagapudi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lanco Net Limited is Plot No. 4 Software Units Layout Hitec City, Madhapur India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Lanco Net Limited is U28110TG2000PLC033224 and the company number is 033224 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lanco Net Limited is https://www.lancogroup.com

  • The financial reports for the fiscal year 2021 indicates that The net worth of Lanco Net Limited has experienced an downturn of -3.67%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Lanco Net Limited amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Lanco Net Limited was filed with the ROC on 31 Mar 2024.

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