About Lares Softech Private Limited
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Lares Softech Private Limited is a private limited company based in Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2011PTC218962. Its GSTIN is 09AACCL0088Q1ZY (Uttar Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹13.2 Lakh. It is led by directors Shalinee Singh and Shivam Rai.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Flat No. 460 3rd Floor Kondali Gharoli Mayur Vihar Phase – III Opp. Senior S, Chool, Delhi, India – 110096.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.86 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹19.4 Lakh (net margin 10.4%) and EBITDA of ₹21.69 Lakh (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 103% over three years and 19% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Lares Softech. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lares.co.in.
Company details
Contact details
Lares Softech Private Limited's registered office is in Delhi, Delhi. Its website is lares.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 460 3rd Floor Kondali Gharoli Mayur Vihar Phase – III Opp. Senior S, Chool, Delhi, India – 110096
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Lares Softech 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
Lares Softech operates one associated brand: Lares Softech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides algo trading, market making, and quant solutions for investment strategies. | lares.co.in |
Business activity
The main business activity of Lares Softech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Lares Softech Private Limited, buy the company report.
Financials of Lares Softech Private Limited
FY 2022 filings availableLares Softech Private Limited reported revenue of ₹1.86 Cr (up 53% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 53% growth in the latest year. EBITDA rose 214% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.86 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹21.69 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.4 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | ||||
| Net Profit Margin | 10.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Lares Softech Private Limited, buy the company report.
Board of directors of Lares Softech Private Limited
Lares Softech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivam Rai Also directs: Veles Stratagem LLP | Additional Director | 25 Mar 2025 | 1 Years 7 Months | Current |
| Shalinee Singh Also directs: Lares Infotech LLP, Lares Infracon Private Limited | Director | 26 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Lares Softech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tmaxsoft Technologies Private Limited | ₹1.87 Cr (FY 2025) | -70.0% | Bangalore, Karnataka, India | |||
| Cokonet Technologies Private Limited | ₹1.86 Cr (FY 2024) | 24.0% | Thiruvananthapuram, Kerala, India | |||
| Healic Health Private Limited | ₹1.86 Cr (FY 2025) | 53.0% | Noida, Uttar Pradesh, India | |||
| Sayukth Technologies Private Limited | ₹1.86 Cr (FY 2025) | 1320.0% | Bachupally, Telangana, India | |||
| Stick Pool Private Limited | ₹1.86 Cr (FY 2025) | -62.0% | Delhi, India | |||
| Lares Softech Private Limitedthis company | ₹1.86 Cr (FY 2022) | ₹19.4 Lakh | 10.4% | 53.0% | 1 | Delhi, India |
| Amartam Technology Solutions Private Limited | ₹1.86 Cr (FY 2024) | -9.0% | Ambala Cantt, Haryana, India | |||
| 7T Technologies Private Limited | ₹1.86 Cr (FY 2025) | -38.0% | Chennai, Tamil Nadu, India | |||
| Proffer Information Systems India Private Limited | ₹1.86 Cr (FY 2020) | 439.0% | Delhi, India | |||
| Axiom Xcell Mobile Private Limited | ₹1.86 Cr (FY 2021) | 15.0% | Hyderabad, Telangana, India | |||
| Outrise Technologies Private Limited | ₹1.86 Cr (FY 2024) | 15.0% | Puducherry, India |
To see the full peer comparison of Lares Softech Private Limited, buy the company report.
Auditor
Lares Softech Private Limited is audited by M A V S & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A V S & CO | FY 2022 | 029228N |
Shareholding
The shareholding of Lares Softech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lares Softech Private Limited, buy the company report.
Legal cases
Lares Softech Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Reuters India Private Ltd | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Lares Softech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lares Softech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lares Softech Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Lares Softech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCL0088Q1ZY | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lares Softech Private Limited, buy the company report.
Recent activity
Lares Softech Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Maya Sharan Singh ceased to be Director on 27 Mar 2025.
Frequently asked questions
Lares Softech is an active private limited company based in Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 May 2011 (15+ years old) and is registered under CIN U72200DL2011PTC218962.
Lares Softech has 2 current directors:
- Shivam Rai - Additional Director
- Shalinee Singh - Director
The latest financial statements of Lares Softech on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Lares Softech is 09AACCL0088Q1ZY, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Lares Softech is U72200DL2011PTC218962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lares Softech has 2 court cases on record: 2 filed against it.
Lares Softech was incorporated on 11 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Lares Softech by revenue are Tmaxsoft Technologies Private Limited, Cokonet Technologies Private Limited, Healic Health Private Limited, Sayukth Technologies Private Limited, Stick Pool Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Maya Sharan Singh ceased to be Director on 27 Mar 2025. Shivam Rai was appointed as Additional Director on 25 Mar 2025. Brijeshwar Patel ceased to be Director on 27 Apr 2012. Lares Softech has 4 board changes on record in total.
Lares Softech can be reached through the website lares.co.in. Its registered office is in Delhi, India.
The registered office of Lares Softech is at Flat No. 460 3rd Floor Kondali Gharoli Mayur Vihar Phase – III Opp. Senior S, Chool, Delhi, India – 110096.
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