Lucid Software Limited

Leading-edge software for non-destructive testing and data management in various industries.

2000 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Lucid Software Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.19 Cr
  • Company Age 25 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.09 M
  • Satisfied Charges ₹ 1.80 M
  • Revenue Growth -63.53%
  • Profit Growth 28.43%
  • Ebitda 32.90%
  • Net Worth -68.40%
  • Total Assets -27.59%

About Lucid Software

Lucid Software Limited (LSL) is a Public Limited Indian Non-Government Company incorporated in India on 28 February 2000 and has a history of 25 years and one month. Its registered office is in Chennai, Tamil Nadu, 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 5.00 Cr and a paid-up capital of Rs 2.19 Cr.

The company currently has active open charges totaling ₹4.09 M. The company has closed loans amounting to ₹1.80 M, as per Ministry of Corporate Affairs (MCA) records.

Padithi Reddy, Chakravarthy Madhusudan, and Udaykumar Chagari serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2000PLC044263

  • Company No.

    044263

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Lucid Software Limited offer?

Lucid Software Limited offers a wide range of products and services, including Data Entry & Data Processing Service, Data Management, Data Analysis.

Company report

Lucid Software Limited

Explore comprehensive data for Lucid Software Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Lucid Software?

Board Members (3)

NameDesignationAppointment DateStatus
Udaykumar Chagari Country flag representing In Director 02-Apr-2018Current
Chakravarthy Madhusudan Country flag representing In Whole-Time Director 05-Mar-2007Current
Padithi Reddy Country flag representing In Whole-Time Director 28-Feb-2000Current

Financial Performance of Lucid Software.

Lucid Software Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 63.53% decrease. The company also saw a substantial improvement in profitability, with a 28.43% increase in profit. The company's net worth observed a substantial decline by a decrease of 68.4%.

Lucid Software revenue growth over time
Lucid Software 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
-63.53%
Revenue from Operations
-63.98%
Total Assets
-27.59%
Profit or Loss
28.43%
Net Worth
-68.40%
EBITDA
32.90%

What is the Ownership and Shareholding Structure of Lucid Software?

In 2023, Lucid Software had a promoter holding of 99.39% and a public holding of 0.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.41 Cr

Satisfied Charges

₹0.18 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.35 Cr
  • Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2021Hdfc Bank Limited₹0.59 MOpen
23 Apr 2008State Bank Of India₹3.50 MOpen
18 Jan 2005City Union Bank Limited₹0.90 MSatisfied
23 Jun 2003City Union Bank Limited₹0.90 MSatisfied

How Many Employees Work at Lucid Software?

Lucid Software has a workforce of 21 employees as of Apr 05, 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.

Employee growth trends for Lucid Software Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lucid Software, 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 Software'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 Lucid Software

Recent activity within the organization

  • Annual General Meeting

    Lucid Software Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Lucid Software Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100419364 was registered on 30 Jan 2021.

  • Director Appointment

    Udaykumar Reddy Chagari was appointed as a Director was appointed as a Director on 02 Apr 2018 & has been associated with this company since 7 years 24 days .

  • Charges

    A charge registered on 18 Jan 2005 via Charge ID 90288011 with City Union Bank Limited was fully satisfied on 04 Jan 2010.

  • Charges

    A charge registered on 23 Jun 2003 via Charge ID 90285591 with City Union Bank Limited was fully satisfied on 04 Jan 2010.

Frequently asked questions

  • What is the Incorporation or founding date of Lucid Software Limited?

    Lucid Software Limited was incorporated on 28 Feb 2000.

  • What is authorized share capital and paid-up capital of Lucid Software Limited?

    The authorized share capital of Lucid Software Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.19 Cr.

  • Who are the current board members & directors of Lucid Software Limited?

    Currently 3 directors are associated with Lucid Software Limited.

    • Padithi Reddy Gari Venkata Krishna Mohan Reddy
    • Chakravarthy Padmanabhan Madhusudan
    • Udaykumar Reddy Chagari
  • What is the registered address of Lucid Software Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lucid Software Limited is 33/137(7 8/137 L-3 Block-2) Reddy Kuppam Road, Saidapet India, Chennai City Corporation, Tamil Nadu, 600015.

  • What is the corporate identification number (CIN) and company number of Lucid Software Limited?

    The corporate identification number (CIN) of Lucid Software Limited is U72200TN2000PLC044263 and the company number is 044263 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Lucid Software Limited?

    The Official website of Lucid Software Limited is https://www.kovidndt.com

  • What has been the recent revenue trend for Lucid Software Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Lucid Software Limited has fallen by -63.53%.

  • How many employees does Lucid Software Limited currently have?

    As Per 2023 financial reports, 21 employees are currently employed by Lucid Software Limited.

  • What change has been observed in the net worth of Lucid Software Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Lucid Software Limited has experienced an downturn of -68.40%.

  • What are the total open charges for Lucid Software Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Lucid Software Limited amount to ₹ 4.09 M.

  • When was the last Balance Sheet of Lucid Software Limited filed with the ROC?

    The most recent Balance Sheet for Lucid Software Limited was filed with the ROC on 31 Mar 2024.

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