MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0097818
LBT Mind Technology Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹4.65 Lakh
▼ 70% YoY
Net loss · FY 2019
₹11.98 Lakh
Net margin -257.7%
EBITDA · FY 2019
-₹11.53 Lakh
EBITDA margin -248.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
GST registrations
1
None active
About LBT Mind Technology Private Limited
Data last updated:
LBT Mind Technology Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2012PTC144835. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lahoo Bhausaheb Shete and Bhau Shete Shankar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Windows Co – Op Hsg Soc Flat No. A – 801 Sr No. 132 / 3 / 4 Nande Road, Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.65 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹11.98 Lakh (net margin -257.7%) and EBITDA of -₹11.53 Lakh (EBITDA margin -248.1%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 7% over five years.
The company is associated with 1 brand: Bizgati. Court records list 1 case involving the company, including 1 filed against it.
LBT Mind Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0097818). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bizgati.com.
Company details
CIN U72200PN2012PTC144835
Registration Number 144835
Incorporation Date 26 September 2012
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0097818
Recognitions & Rankings of LBT Mind Technology
Contact details
LBT Mind Technology Private Limited's registered office is in Pune, Maharashtra. Its website is bizgati.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWindows Co – Op Hsg Soc Flat No. A – 801 Sr No. 132 / 3 / 4 Nande Road, Pune, Maharashtra, India – 411021
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of LBT Mind Technology Private Limited, buy the company report.
Comprehensive company report
LBT Mind Technology Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
LBT Mind Technology operates one associated brand: Bizgati. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers accounting software for retail businesses to automate billing, stock, and payments. | bizgati.com |
Business activity
The main business activity of LBT Mind Technology 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 LBT Mind Technology Private Limited, buy the company report.
Financials of LBT Mind Technology Private Limited
FY 2019 filings availableLBT Mind Technology Private Limited reported revenue of ₹4.65 Lakh (down 70% YoY) for FY 2019.
Revenue · FY 2019
₹4.65 Lakh ▼ 70%
Net loss · FY 2019
₹11.98 Lakh margin -257.7%
EBITDA · FY 2019
-₹11.53 Lakh margin -248.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 70%
3 years · compounded
▼ 19%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 970%
3 years · compounded
▼ 48%
5 years · compounded
▼ 154%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 70% fall in the latest year. EBITDA fell 970% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.65 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.98 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -248.1% | ||||
| Net Profit Margin | -257.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of LBT Mind Technology Private Limited, buy the company report.
Board of directors of LBT Mind Technology Private Limited
LBT Mind Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lahoo Bhausaheb Shete Also directs: Taira Ayurved LLP | Director | 26 Sep 2012 | 14 Years 0 Months | Current |
| Bhau Shete Shankar | Director | 25 Oct 2018 | 8 Years 0 Months | Current |
Auditor
LBT Mind Technology Private Limited is audited by A N BOBADE & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N BOBADE & ASSOCIATES | FY 2019 | 140608W |
Shareholding
The shareholding of LBT Mind Technology Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of LBT Mind Technology Private Limited, buy the company report.
Legal cases
LBT Mind Technology Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Gromor Finance Pvt. Ltd. | Disposed |
To see the full case history of LBT Mind Technology 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 LBT Mind Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
LBT Mind Technology has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of LBT Mind Technology Private Limited, buy the company report.
Recent activity
LBT Mind Technology Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Yogesh Ashok Chaudhari ceased to be Director on 02 Nov 2018.
AGM
Lbt Mind Technology Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Lbt Mind Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Pune.
Ceased
Yogesh Ashok Chaudhari ceased to be Director.
Appointed
Bhau Shete Shankar was appointed as Director.
Appointed
Lahoo Bhausaheb Shete was appointed as Director.
Incorporation
26 Sep 2012
Lbt Mind Technology Private Limited was registered on 26 Sep 2012 with Roc Pune & aged 14 years 29 days as per MCA records.
Frequently asked questions
LBT Mind Technology is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 September 2012 (14+ years old) and is registered under CIN U72200PN2012PTC144835.
LBT Mind Technology has 2 current directors:
- Lahoo Bhausaheb Shete - Director
- Bhau Shete Shankar - Director
The latest financial statements of LBT Mind Technology on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. LBT Mind Technology has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of LBT Mind Technology is U72200PN2012PTC144835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LBT Mind Technology has 1 court case on record: 1 filed against it.
LBT Mind Technology was incorporated on 26 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
Yogesh Ashok Chaudhari ceased to be Director on 02 Nov 2018. Bhau Shete Shankar was appointed as Director on 25 Oct 2018. Lahoo Bhausaheb Shete was appointed as Director on 26 Sep 2012.
Yes, LBT Mind Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0097818).
LBT Mind Technology can be reached through the website bizgati.com. Its registered office is in Pune, Maharashtra, India.