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LRS IT Private Limited
LRS IT Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹1.98 Cr
▲ 53% YoY
Net loss · FY 2020
₹7.56 Lakh
Net margin -3.8%
EBITDA · FY 2020
-₹7.56 Lakh
EBITDA margin -3.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About LRS IT Private Limited
Data last updated:
LRS IT Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 26 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2018PTC307140. Its GSTIN is 27AADCL5640D1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suresh Shrinivasan and Hasamukhal Vrajalal Sanghavi.
Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at G – 015 New Rajmahal Co Op Hsg Soc Ltd Plot No 55E Mathuradas Vassanji Road, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.98 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹7.56 Lakh (net margin -3.8%) and EBITDA of -₹7.56 Lakh (EBITDA margin -3.8%).
Company Details of LRS IT Private Limited
CIN U72900MH2018PTC307140
Registration Number 307140
Incorporation Date 26 March 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 December 2020
Date of Balance Sheet 31 March 2020
DPIIT Recognition Recognised Startup
Recognitions & Rankings of LRS IT
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressG – 015 New Rajmahal Co Op Hsg Soc Ltd Plot No 55E Mathuradas Vassanji Road, Mumbai, Maharashtra, India – 400069
- IndustryInformation Technology, IT Products Retail & Distribution
Comprehensive company report
LRS IT Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
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- Legal cases, compliance and MCA filings
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Business Activity
The main business activity of LRS IT is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of LRS IT Private Limited
FY 2020 filings availableLRS IT Private Limited reported revenue of ₹1.98 Cr (up 53% YoY) for FY 2020.
Revenue · FY 2020
₹1.98 Cr ▲ 53%
Net loss · FY 2020
₹7.56 Lakh margin -3.8%
EBITDA · FY 2020
-₹7.56 Lakh margin -3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 53%
EBITDA CAGR growth
1 year
▼ 741%
Revenue rose 53% in the latest year. EBITDA fell 741% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2017-18 to FY 2018-19in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.98 Cr | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹7.56 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹7.56 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 2019-20 | FY 2017-18 to FY 2018-19in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -3.8% | |
| Net Profit Margin | -3.8% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2017-18 to FY 2018-19, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of LRS IT are in the company report.
: available in the company report
Board of Directors of LRS IT Private Limited
LRS IT has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Shrinivasan | Additional Director | 28 Jul 2023 | 3 Years 2 Months | Current |
| Hasamukhal Vrajalal Sanghavi | Additional Director | 28 Jul 2023 | 3 Years 2 Months | Current |
Auditor Details
LRS IT Private Limited is audited by MITTAL & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MITTAL & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
LRS IT Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to LRS IT.
: available in the company report
Recent Activity
LRS IT Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Ashish Kumar Sharma ceased to be Director on 29 Jul 2023.
Ceased
Ashish Kumar Sharma ceased to be Director.
Ceased
Mahendra Sumermal Vanigota ceased to be Director.
Appointed
Hasamukhal Vrajalal Sanghavi was appointed as Additional Director.
Appointed
Suresh Shrinivasan was appointed as Additional Director.
AGM
Lrs It Private Limited last Annual general meeting of members was held on 29 Dec 2020 as per latest MCA records.
Ceased
Nidhi Mahendra Vanigota ceased to be Director.
Filing
Lrs It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Incorporation
26 Mar 2018
Lrs It Private Limited was registered on 26 Mar 2018 with Roc Mumbai & aged 8 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
LRS IT has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCL5640D1ZQ | Maharashtra | Active | 21 May 2018 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
LRS IT is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 26 March 2018 (8+ years old) and is registered under CIN U72900MH2018PTC307140.
LRS IT has 2 current directors:
- Suresh Shrinivasan - Additional Director
- Hasamukhal Vrajalal Sanghavi - Additional Director
The latest financial statements of LRS IT on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 December 2020. Year-wise statements from FY 2018 are in the company report.
The GSTIN of LRS IT is 27AADCL5640D1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of LRS IT is U72900MH2018PTC307140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LRS IT was incorporated on 26 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashish Kumar Sharma ceased to be Director on 29 Jul 2023. Mahendra Sumermal Vanigota ceased to be Director on 29 Jul 2023. Hasamukhal Vrajalal Sanghavi was appointed as Additional Director on 28 Jul 2023. LRS IT has 5 board changes on record in total.
Yes, LRS IT is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of LRS IT is at G – 015 New Rajmahal Co Op Hsg Soc Ltd Plot No 55E Mathuradas Vassanji Road, Mumbai, Maharashtra, India – 400069.
LRS IT operates in the information technology industry, in the IT products retail and distribution segment.