Lateral Information Technology Solutions (Opc) Private Limited

Software solutions and services for businesses, established in 2017.

2017 | Krishna, Andhra Pradesh (India) | Active
Last Updated: December 28, 2024

Lateral Information Technology Solutions (Opc) Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 1589.98%
  • Profit Growth 115.03%
  • Ebitda 177.16%
  • Net Worth 23.52%
  • Total Assets 2563.31%

About Lateral Information Technology Solutions (Opc)

Lateral Information Technology Solutions (Opc) Private Limited (LITSOPL) is a Company incorporated in India on 04 May 2017 (Seven years and nine months 6 days old ). Its registered office is in Krishna, Andhra Pradesh, 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 2019. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Nikhil Kollipara and Verri Vinaykanthreddy serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900AP2017OPC105799

  • Company No.

    105799

  • Incorporation Date

    04 May 2017

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Information Technology

Who are the key members and board of directors at Lateral Information Technology Solutions (Opc)?

Board Members (2)

Name Designation Appointment Date Status
Nikhil Kollipara Country flag representing In Director 04-May-2017 Current
Verri Vinaykanthreddy Country flag representing In Director 14-Feb-2019 Current

Financial Performance of Lateral Information Technology Solutions (Opc).

Lateral Information Technology Solutions (Opc) Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 1589.98% increase. The company also saw a substantial improvement in profitability, with a 115.03% increase in profit. The company's net worth Soared by an impressive increase of 23.52%.

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
1589.98%
Revenue from Operations
1589.98%
Total Assets
2563.31%
Profit or Loss
115.03%
Net Worth
23.52%
EBITDA
177.16%

What is the Ownership and Shareholding Structure of Lateral Information Technology Solutions (Opc)?

In 2019, Lateral Information Technology Solutions (Opc) 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)

Placeholder for charges-related data

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

How Many Employees Work at Lateral Information Technology Solutions (Opc)?

Unlock and access historical data on people associated with Lateral Information Technology Solutions (Opc), 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 Lateral Information Technology Solutions (Opc), 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 Lateral Information Technology Solutions (Opc)'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 Lateral Information Technology Solutions (Opc)

Recent activity within the organization

  • Annual General Meeting

    Lateral Information Technology Solutions (Opc) Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Lateral Information Technology Solutions (Opc) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Vijayawada.

    31 Mar 2019

  • Director Appointment

    Verri Vinaykanthreddy was appointed as a Director was appointed as a Director on 14 Feb 2019 & has been associated with this company since 5 years 11 months .

    14 Feb 2019

  • Director Appointment

    Nikhil Sai Ram Ganesh Kollipara was appointed as a Director was appointed as a Director on 04 May 2017 & has been associated with this company since 7 years 9 months .

    04 May 2017

  • Company Incorporation

    Lateral Information Technology Solutions (Opc) Private Limited was registered on 04 May 2017 with Roc Vijayawada & aged 7 years 9 months as per MCA records.

    04 May 2017

Frequently asked questions

  • Lateral Information Technology Solutions (Opc) Private Limited was incorporated on 04 May 2017.

  • The authorized share capital of Lateral Information Technology Solutions (Opc) Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Lateral Information Technology Solutions (Opc) Private Limited.

    • Nikhil Sai Ram Ganesh Kollipara
    • Verri Vinaykanthreddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lateral Information Technology Solutions (Opc) Private Limited is 21/527-7-2A Ramanaidupet Revenue Ward No:17, Lakshmanaraopuram India, Machilipatnam, Andhra Pradesh, 521002.

  • The corporate identification number (CIN) of Lateral Information Technology Solutions (Opc) Private Limited is U72900AP2017OPC105799 and the company number is 105799 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Lateral Information Technology Solutions (Opc) Private Limited has risen by 1589.98%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Lateral Information Technology Solutions (Opc) Private Limited has experienced an upsurge of 23.52%.

  • The most recent Balance Sheet for Lateral Information Technology Solutions (Opc) Private Limited was filed with the ROC on 31 Mar 2019.