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Lagnitta Technologies Private Limited - internet in Thiruvananthapuram, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.19 Cr
▲ 111% YoY
Net profit · FY 2024
₹16.4 Lakh
Net margin 5.1%
EBITDA · FY 2024
₹20.8 Lakh
EBITDA margin 6.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹29.14 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
4
Provident fund records
About Lagnitta Technologies Private Limited
Data last updated:
Lagnitta Technologies Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 23 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2016PTC047620. Its GSTIN is 32AADCL2164Q1ZB (Kerala).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sibi Bhama Raghunathan and Sarin Prasad.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pillaveedu Karunilacode Edava P.O. Varkala, Thiruvananthapuram, Kerala, India – 695311.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.19 Cr, a growth of 111% compared to the previous year. For the same year it recorded a net profit of ₹16.4 Lakh (net margin 5.1%) and EBITDA of ₹20.8 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 33% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rydey. As per MCA filings, the company has open charges of ₹29.14 Lakh on record.
Lagnitta Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0008904). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rydey.in.
Company Details of Lagnitta Technologies Private Limited
CIN U74999KL2016PTC047620
Registration Number 047620
Incorporation Date 23 December 2016
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KL-12-0008904
Recognitions & Rankings of Lagnitta Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-12-0008904
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPillaveedu Karunilacode Edava P.O. Varkala, Thiruvananthapuram, Kerala, India – 695311
- IndustryInternet, Online Service Marketplaces
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Business Activity of Lagnitta Technologies Private Limited
The main business activity of Lagnitta Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Lagnitta Technologies Private Limited FY 2024 filings available
Lagnitta Technologies Private Limited reported revenue of ₹3.19 Cr (up 111% YoY) for FY 2024.
Revenue · FY 2024
₹3.19 Cr ▲ 111%
Net profit · FY 2024
₹16.4 Lakh margin 5.1%
EBITDA · FY 2024
₹20.8 Lakh margin 6.5%
Compounded Annual Growth Rate (CAGR) of Lagnitta Technologies Private Limited
Revenue CAGR growth
1 year
▲ 111%
3 years · compounded
▲ 67%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 239%
3 years · compounded
▲ 82%
5 years · compounded
▲ 30%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 111% growth in the latest year. EBITDA rose 239% 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 of Lagnitta Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹20.8 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.4 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 of Lagnitta Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| 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 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 Lagnitta Technologies are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
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Board of Directors of Lagnitta Technologies Private Limited
Lagnitta Technologies has 3 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 |
|---|---|---|---|---|
| Sibi Bhama Raghunathan | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Sarin Prasad | Director | 23 Dec 2016 | 9 Years 9 Months | Current |
| Sushama Prasad | Director | 05 Mar 2025 | 1 Years 7 Months | Current |
Peer Comparison of Lagnitta Technologies Private Limited
Lagnitta Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Streamon Technologies Private Limited | ₹3.24 Cr (FY 2023) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Icharts Technologies Private Limited | ₹3.24 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Hyderabad, Telangana, India |
| E-Kalcee Systems (OPC) Private Limited | ₹3.24 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Ambala Cantt, Haryana, India |
| Twippy Technologies Private Limited | ₹3.23 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Madanapalle, Chitoor, Andhra Pradesh, India |
| Kmunotag Private Limited | ₹3.2 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Lagnitta Technologies Private Limited this company | ₹3.19 Cr (FY 2024) | •••• | •••• | 111.0% | •••• | Thiruvananthapuram, Kerala, India |
| Cygnus E-Solutions Private Limited | ₹3.18 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Pune, Maharashtra, India |
| Rural Mandi Fintech Private Limited | ₹3.17 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Envesya Private Limited | ₹3.15 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| True Wanderer Private Limited | ₹3.13 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Mumbai, Maharashtra, India |
| Ageye Technologies (India) Private Limited | ₹3.12 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Lagnitta Technologies by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Lagnitta Technologies Private Limited
Lagnitta Technologies Private Limited is audited by JVS & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JVS & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Lagnitta Technologies Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Lagnitta Technologies Private Limited
Open charges
₹29.14 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2024 | Others | ₹10.19 Lakh | Open |
| 26 Jun 2023 | Others | ₹6.14 Lakh | Open |
| 27 Feb 2017 | Others | ₹2.8 Lakh | Open |
| 27 Feb 2017 | Others | ₹10 Lakh | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Lagnitta Technologies Private Limited
Lagnitta Technologies Private Limited has a workforce of 4 employees as of Mar 29, 2024.
Employee count
4
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Lagnitta Technologies Private Limited
Lagnitta Technologies Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Sushama Prasad ceased to be Additional Director on 29 Sep 2025.
Ceased
Sushama Prasad ceased to be Additional Director.
Appointed
Sushama Prasad was appointed as Director.
AGM
Lagnitta Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Lagnitta Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 10.19 Lakh with Charge ID 100885534 was registered on 24 Feb 2024.
Ceased
Sibi Bhama Raghunathan ceased to be Additional Director.
Appointed
Sibi Bhama Raghunathan was appointed as Director.
Ceased
Varun Sankar Prasad ceased to be Director.
Charges
A charge with Others amounted to Rs. 6.14 Lakh with Charge ID 100751087 was registered on 26 Jun 2023.
Charges
A charge with Others of Rs. 10.00 Lakh registered on 27 Feb 2017 with Charge ID 100084953 was modified on 19 Jun 2019.
Charges
A charge with Others amounted to Rs. 2.80 Lakh with Charge ID 100084959 was registered on 27 Feb 2017.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 100084953 was registered on 27 Feb 2017.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lagnitta Technologies Private Limited
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MSME Payment Delays by Lagnitta Technologies Private Limited
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Subsidiaries & Group Companies of Lagnitta Technologies Private Limited
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Corporate group structure
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GST Compliance of Lagnitta Technologies Private Limited
Lagnitta Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCL2164Q1ZB | Kerala | Active | 01 Jul 2017 |
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Lagnitta Technologies Private Limited
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Frequently Asked Questions about Lagnitta Technologies Private Limited
Lagnitta Technologies is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 23 December 2016 (10+ years old) and is registered under CIN U74999KL2016PTC047620.
Lagnitta Technologies reported revenue of ₹3.19 Cr for FY 2024 (up 111% YoY).
Lagnitta Technologies has 3 current directors:
- Sibi Bhama Raghunathan - Director
- Sarin Prasad - Director
- Sushama Prasad - Director
Lagnitta Technologies reported a net profit of ₹16.4 Lakh (net margin 5.1%) and EBITDA of ₹20.8 Lakh (EBITDA margin 6.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lagnitta Technologies is 67% over three years and 33% over five years. In the latest year (FY 2024) revenue rose 111%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lagnitta Technologies is 32AADCL2164Q1ZB, registered in Kerala.
The CIN (Corporate Identification Number) of Lagnitta Technologies is U74999KL2016PTC047620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lagnitta Technologies was incorporated on 23 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Lagnitta Technologies by revenue are Streamon Technologies Private Limited, Icharts Technologies Private Limited, E-Kalcee Systems (OPC) Private Limited, Twippy Technologies Private Limited, Kmunotag Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Sushama Prasad ceased to be Additional Director on 29 Sep 2025. Sushama Prasad was appointed as Director on 05 Mar 2025. Sibi Bhama Raghunathan ceased to be Additional Director on 29 Sep 2023. Lagnitta Technologies has 6 board changes on record in total.
Yes, Lagnitta Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).