Lucid It Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 31-07-2024
- Paid Up Capital ₹ 1.00 M
as on 31-07-2024
- Company Age 23 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.00 M
as on 31-07-2024
- Revenue 61.03%
(FY 2023)
- Profit 80.15%
(FY 2023)
- Ebitda 9.43%
(FY 2023)
- Net Worth 26.12%
(FY 2023)
- Total Assets 2.13%
(FY 2023)
About Lucid It Solutions
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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹1.00 M.
Chilimpenth Pradeep and Lakshmanan Manikantan serve as directors at the Company.
- CIN/LLPIN
U72200KA2001PTC029500
- Company No.
029500
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Sep 2001
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore., Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Lucid It Solutions Private Limited offer?
Lucid It Solutions Private Limited offers a wide range of products and services, including Hospitality Software, Hotel Software, Accounting & Billing Software, POS Software, Restaurant Management Software, Restaurant Billing Software, Branding & Advertising Agencies, Advertising Service, Corded Telephones, Telephone Instruments.
Who are the key members and board of directors at Lucid It Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chilimpenth Pradeep  | Managing Director | 06-Sep-2001 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Lakshmanan Manikantan | Director | 15-Oct-2012 | Current |
Financial Performance of Lucid It Solutions.
Lucid It Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.03% increase. The company also saw a substantial improvement in profitability, with a 80.15% increase in profit. The company's net worth Soared by an impressive increase of 26.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lucid It Solutions?
In 2023, Lucid It Solutions had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 26 Dec 2011 | ₹0.50 M | Open |
Canara Bank Creation Date: 16 Sep 2011 | ₹0.50 M | Open |
How Many Employees Work at Lucid It Solutions?
Lucid It Solutions has a workforce of 50 employees as of Mar 28, 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 Lucid 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 Lucid It Solutions'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.
