Lorhan IT Services - Me Limited

Lorhan IT Services - Me Limited - information technology in Pune, Maharashtra, India. Directors, charges & compliance details.
CIN U72900PN2017PLC172415 Incorporated 08 September 2017 ROC Pune HQ Pune, Maharashtra, India
Merged Public Limited Company information technology
Data last updated
Revenue · FY 2024
₹10.64 Lakh
▲ 1% YoY
Net profit · FY 2024
₹1.38 Lakh
Net margin 13%
EBITDA · FY 2024
₹1.42 Lakh
EBITDA margin 13.3%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.91 Cr
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
4
Provident fund records
Directors on board
5
As per MCA filings

About Lorhan IT Services - Me Limited

Data last updated:

Lorhan IT Services - Me Limited was a public limited company based in Pune, Maharashtra, India, operated as a subsidiary of Zensar Technologies Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 September 2017.

The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2017PLC172415. Its GSTIN is 27AABCZ1263G1ZD (Maharashtra).

The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.91 Cr. It was formerly known as Zensar Software Technologies Limited. It was led by directors including Pavan Kumar Somayajula (Managing Director) and Lalitha Kusumanchi.

Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 20 Phase 1 Rajiv Gandhi Infotech Park, Pune, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹10.64 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.38 Lakh (net margin 13%) and EBITDA of ₹1.42 Lakh (EBITDA margin 13.3%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 54% over five years.

The company had about 4 employees on its provident fund (EPFO) records before it was dissolved.

The last known website on record is lorhanit.com.

Company details

CIN U72900PN2017PLC172415
Registration Number 172415
Incorporation Date 08 September 2017
ROC Pune
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 23 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Zensar Technologies Limited
Compliance Status Active Compliant

Contact details

Lorhan IT Services - Me Limited's registered office is in Pune, Maharashtra. Its website is lorhanit.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Tech Centre 5th Floor Plot No. 20 Phase 1 Rajiv Gandhi Infotech Park MIDC Hinjew, Adi, Pune, Maharashtra, India – 411057
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Lorhan IT Services - Me Limited, buy the company report.

Comprehensive company report
Lorhan IT Services - Me Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Lorhan IT Services - Me Limited

FY 2024 filings available

Lorhan IT Services - Me Limited reported revenue of ₹10.64 Lakh (up 1% YoY) for FY 2024.

Revenue · FY 2024
₹10.64 Lakh ▲ 1%
Net profit · FY 2024
₹1.38 Lakh margin 13%
EBITDA · FY 2024
₹1.42 Lakh margin 13.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 66%
5 years · compounded
▼ 54%
EBITDA CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 68%
5 years · compounded
▼ 52%

Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 54%. EBITDA fell 69% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.42 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.38 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin13.3%
Net Profit Margin13%
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 Lorhan IT Services - Me Limited, buy the company report.

Board of directors of Lorhan IT Services - Me Limited

Lorhan IT Services - Me has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Lalitha KusumanchiDirector30 May 20233 Years 4 MonthsAs last reported
Pavan Kumar SomayajulaManaging Director21 Oct 20197 Years 0 MonthsAs last reported
Ashok AllenkiDirector30 May 20233 Years 4 MonthsAs last reported
Praveen Kumar ThadakamallaDirector15 May 20197 Years 5 MonthsAs last reported
Kalyan Vijai LakimsettyDirector15 May 20197 Years 5 MonthsAs last reported

Auditor

Lorhan IT Services - Me Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2018.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLPFY 2018117366W/W100018

Shareholding

The shareholding of Lorhan IT Services - Me Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Lorhan IT Services - Me Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Lorhan IT Services - Me Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Lorhan IT Services - Me has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCZ1263G1ZDMaharashtraActive16 Oct 2017

To see the full GST registrations and return filing status of Lorhan IT Services - Me Limited, buy the company report.

Recent activity

Lorhan IT Services - Me Limited has 19 board changes on record since 2017: 5 appointments and 14 cessations. The latest: Ashok Allenki ceased to be Additional Director on 29 Sep 2023.

AGM
Lorhan It Services - Me Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
Filing
Lorhan It Services - Me Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Ashok Allenki ceased to be Additional Director.
Ceased
Lalitha Kusumanchi ceased to be Additional Director.
Appointed
Ashok Allenki was appointed as Director.
Appointed
Lalitha Kusumanchi was appointed as Director.
Ceased
Venkat Laxman Reddy Palvai ceased to be Additional Director.
Ceased
Kalyan Vijai Lakimsetty ceased to be Additional Director.
Ceased
Pavan Kumar Somayajula ceased to be Additional Director.
Ceased
Praveen Kumar Thadakamalla ceased to be Additional Director.
Ceased
Satya Srinivas Devata ceased to be Additional Director.
Appointed
Pavan Kumar Somayajula was appointed as Managing Director.

10 earlier events are in the company report.

Frequently asked questions

Lorhan IT Services - Me has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Lorhan IT Services - Me was a public limited company based in Pune, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 08 September 2017 and is registered under CIN U72900PN2017PLC172415. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Lorhan IT Services - Me was incorporated on 08 September 2017. It is registered with the Registrar of Companies, Pune.

Lorhan IT Services - Me had 5 directors:

The CIN (Corporate Identification Number) of Lorhan IT Services - Me is U72900PN2017PLC172415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Lorhan IT Services - Me is at Tech Centre 5th Floor Plot No. 20 Phase 1 Rajiv Gandhi Infotech Park MIDC Hinjew, Adi, Pune, Maharashtra, India – 411057.

Lorhan IT Services - Me can be reached through the website lorhanit.com. Its registered office is in Pune, Maharashtra, India.

The latest financial statements of Lorhan IT Services - Me on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Lorhan IT Services - Me is 27AABCZ1263G1ZD, registered in Maharashtra.

Lorhan IT Services - Me operated in the information technology industry, in the IT consulting and support services segment.