About Lalitech India Private Limited
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Lalitech India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Lalitech Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019FTC127172. Its GSTIN is 29AAECL0125A1Z5 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Govind Varshney and Taradevi Kanhaiylal Varshney.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.24 Awfis Sabari Complex Residency Road Shanthala Nagar Ashok Nagar, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.11 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.1 Lakh (net margin 6.9%) and EBITDA of ₹6.04 Lakh (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
The company is associated with 1 brand: Lalitech.
For more details, the company can be reached via its website lalitech.com.
Company details
Contact details
Lalitech India Private Limited's registered office is in Bengaluru, Karnataka. Its website is lalitech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.24 Awfis Sabari Complex Residency Road Shanthala Nagar Ashok Nagar, Bengaluru, Karnataka, India – 560025
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Lalitech India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Lalitech India operates one associated brand: Lalitech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology experts creating innovative products through engineering and cloud services worldwide. | lalitech.com |
Business activity
The main business activity of Lalitech India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Lalitech India Private Limited, buy the company report.
Financials of Lalitech India Private Limited
FY 2025 filings availableLalitech India Private Limited reported revenue of ₹45.11 Lakh (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.04 Lakh | ||||
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| Net Profit (PAT) | ₹3.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | 6.9% | ||||
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To see the full financial statements and ratios of Lalitech India Private Limited, buy the company report.
Board of directors of Lalitech India Private Limited
Lalitech India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govind Varshney | Director | 19 Aug 2019 | 7 Years 2 Months | Current |
| Taradevi Kanhaiylal Varshney | Director | 19 Aug 2019 | 7 Years 2 Months | Current |
| Gopalakrishna Pillai Padmakumar Also directs: Santanderina India Private Limited, SCL Commercial India Private Limited, Greenwich Metals India Private Limited and 5 more | Comp. Inc. Oi As Promoter | 19 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Lalitech India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elflow Technologies Private Limited | ₹45.21 Lakh (FY 2024) | -25.0% | Secunderabad, Telangana, India | |||
| Spizebox Services Private Limited | ₹45.19 Lakh (FY 2020) | 365.0% | Chennai, Tamil Nadu, India | |||
| Kallisto Softech Private Limited | ₹45.18 Lakh (FY 2016) | 22.0% | Kolkata, West Bengal, India | |||
| Techzuke Software Services (OPC) Private Limited | ₹45.15 Lakh (FY 2025) | 3.0% | Owala, Thane(W), Maharashtra, India | |||
| Shopenzer Technologies Private Limited | ₹45.11 Lakh (FY 2025) | 62.0% | Kancheepuram, Tamil Nadu, India | |||
| Lalitech India Private Limitedthis company | ₹45.11 Lakh (FY 2024) | ₹3.1 Lakh | 6.9% | -9.0% | Bengaluru, Karnataka, India | |
| Preferone Global IT Solutions Private Limited | ₹45.11 Lakh (FY 2024) | 764.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Div10x Business Solutions Private Limited | ₹45.11 Lakh (FY 2025) | 8.0% | Thiruvananthapuram, Kerala, India | |||
| Sixpep Technovations Private Limited | ₹45.1 Lakh (FY 2024) | -23.0% | Sangareddy, Telangana, India | |||
| Squaricle Intelli Solutions Private Limited | ₹45.1 Lakh (FY 2025) | 83.0% | Hyderabad, Telangana, India | |||
| Ans IT Services Private Limited | ₹45.09 Lakh (FY 2024) | -49.0% | New Delhi, Delhi, India |
To see the full peer comparison of Lalitech India Private Limited, buy the company report.
Auditor
Lalitech India Private Limited is audited by A R T S & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R T S & CO | FY 2021 | 018060S |
Shareholding
The shareholding of Lalitech India Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Lalitech India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lalitech India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lalitech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lalitech India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECL0125A1Z5 | Karnataka | Active | 13 Jan 2021 |
To see the full GST registrations and return filing status of Lalitech India Private Limited, buy the company report.
Recent activity
Lalitech India Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Bindu Pankaj Gupta ceased to be Additional Director on 30 Sep 2024.
Frequently asked questions
Lalitech India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 August 2019 (7+ years old) and is registered under CIN U72900KA2019FTC127172.
Lalitech India has 3 current directors:
- Govind Varshney - Director
- Taradevi Kanhaiylal Varshney - Director
- Gopalakrishna Pillai Padmakumar - Comp. Inc. Oi As Promoter
The latest financial statements of Lalitech India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Lalitech India is 29AAECL0125A1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Lalitech India is U72900KA2019FTC127172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lalitech India was incorporated on 19 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Lalitech India by revenue are Elflow Technologies Private Limited, Spizebox Services Private Limited, Kallisto Softech Private Limited, Techzuke Software Services (OPC) Private Limited, Shopenzer Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Bindu Pankaj Gupta ceased to be Additional Director on 30 Sep 2024. Gopalakrishna Pillai Padmakumar was appointed as Comp. Inc. Oi As Promoter on 19 Aug 2019. Govind Varshney was appointed as Director on 19 Aug 2019. Lalitech India has 4 board changes on record in total.
Lalitech India can be reached through the website lalitech.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Lalitech India is at No.24 Awfis Sabari Complex Residency Road Shanthala Nagar Ashok Nagar, Bengaluru, Karnataka, India – 560025.
Lalitech India operates in the information technology industry, in the application development and software solutions segment.