Laurus It Solutions Private Limited

IT company providing software, networking, e-commerce, and internet services since 2008.

2008 | Thane, Maharashtra (India) | Active
Last Updated: January 05, 2025

Laurus It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 2 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 4.22%
  • Profit Growth -261.03%
  • Ebitda -729.81%
  • Net Worth -67.77%
  • Total Assets -3.77%

About Laurus It Solutions

Laurus It Solutions Private Limited (LISPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 January 2008 and has a history of 17 years. Its registered office is in Thane, Maharashtra, 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Harshad Bhandare, Monika Bhandare, and Gurudas Bhandare serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140MH2008PTC178383

  • Company No.

    178383

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Laurus It Solutions Private Limited offer?

Laurus It Solutions Private Limited offers a wide range of products and services, including Contract Employment & Staffing Firms, Staffing Service, IT, Networking & Automation Solution, IT Solutions.

Who are the key members and board of directors at Laurus It Solutions?

Board Members (3)

Name Designation Appointment Date Status
Harshad Bhandare Country flag representing In Director 30-Jan-2008 Current
Monika Bhandare Country flag representing Us Director 30-Jan-2008 Current
Gurudas Bhandare Country flag representing In Director 13-Jun-2014 Current

Financial Performance of Laurus It Solutions.

Laurus It Solutions Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.22% increase. The company also saw a substantial fall in profitability, with a 261.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 67.77%.

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
4.22%
Revenue from Operations
-0.35%
Total Assets
-3.77%
Profit or Loss
-261.03%
Net Worth
-67.77%
EBITDA
-729.81%

What is the Ownership and Shareholding Structure of Laurus It Solutions?

In 2022, Laurus It Solutions 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 Laurus It Solutions?

Unlock and access historical data on people associated with Laurus It Solutions, 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 Laurus It Solutions, 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 Laurus It Solutions'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 Laurus It Solutions

Recent activity within the organization

  • Annual General Meeting

    Laurus It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Laurus It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Gurudas Dattatraya Bhandare was appointed as a Director was appointed as a Director on 13 Jun 2014 & has been associated with this company since 10 years 7 months .

    13 Jun 2014

  • Director Appointment

    Harshad Gurudas Bhandare was appointed as a Director was appointed as a Director on 30 Jan 2008 & has been associated with this company since 17 years 2 days .

    30 Jan 2008

  • Director Appointment

    Monika H Bhandare was appointed as a Director was appointed as a Director on 30 Jan 2008 & has been associated with this company since 17 years 2 days .

    30 Jan 2008

  • Company Incorporation

    Laurus It Solutions Private Limited was registered on 30 Jan 2008 with Roc Mumbai & aged 17 years 2 days as per MCA records.

    30 Jan 2008

Frequently asked questions

  • Laurus It Solutions Private Limited was incorporated on 30 Jan 2008.

  • The authorized share capital of Laurus It Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Laurus It Solutions Private Limited.

    • Harshad Gurudas Bhandare
    • Monika H Bhandare
    • Gurudas Dattatraya Bhandare
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laurus It Solutions Private Limited is Emerald Plaza Shop No. 109 First Floor Block No.3 Hiranandani Meadows, India, Thane, Maharashtra, 400610.

  • The corporate identification number (CIN) of Laurus It Solutions Private Limited is U74140MH2008PTC178383 and the company number is 178383 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Laurus It Solutions Private Limited is https://www.yashsolutions.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Laurus It Solutions Private Limited has risen by 4.22%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Laurus It Solutions Private Limited has experienced an downturn of -67.77%.

  • The most recent Balance Sheet for Laurus It Solutions Private Limited was filed with the ROC on 31 Mar 2024.