Lbit Labs Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 31-07-2024
- Paid Up Capital ₹ 2.00 M
as on 31-07-2024
- Company Age 10 Year, 21 Days
- Last Filing with ROC 31 Mar 2023
- Revenue -50.12%
(FY 2023)
- Profit -191.61%
(FY 2023)
- Ebitda -112.10%
(FY 2023)
- Net Worth -787.36%
(FY 2023)
- Total Assets 2.17%
(FY 2023)
About Lbit Labs
The Corporate was formerly known as Pennant Fin Services Private Limited. 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 2.00 Cr and a paid-up capital of Rs 2.00 M, as per Ministry of Corporate Affairs (MCA) records.
Tagorji Yerneni and Rajiv Sanghvi serve as directors at the Company.
- CIN/LLPIN
U67190AP2014PTC095719
- Company No.
095719
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Nov 2014
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Lbit Labs?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tagorji Yerneni  | Director | 06-Feb-2015 | Current |
| Rajiv Sanghvi | Director | 30-Sep-2019 | Current |
Financial Performance and Corporate Structure Insights of Lbit Labs.
Lbit Labs Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.12% decrease. The company also saw a substantial fall in profitability, with a 191.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 787.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lbit Labs?
In 2023, Lbit Labs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Relleno Insurance Broking Services Private Limited.Active 21 years 4 daysRajiv Sanghvi is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Lbit Labs?
Lbit Labs has a workforce of 10 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lbit Labs, 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 Lbit Labs's trajectory.
Rating
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
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.
