Lake Systems Private Limited - Company Profile

It is a business outsourcing private limited company based in Bangalore, Karnataka, India, established in 1998.
1998 Bangalore, Karnataka, India Struck Off
Last Updated:
About Lake Systems Private Limited

Lake Systems Private Limited, a struck off private limited company, was established on 03 April 1998 in Bangalore, Karnataka, India. Engaging in medical transcription within the information and communication sector, it holds CIN: U30007KA1998PTC023579. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹3.20 M.

It upholds a compliant status. Employing 15 professional, Its leadership includes Pratibha Nakil Deepak (Director), Deepak Dinanath Nakil (Director), Kadandale Vinod Shetty (Director). It holds no open charges and ₹1.43 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 159, Sarjapur Road, I Blockkoramangala Bangalore, Bangalore, Karnataka, 560034.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U30007KA1998PTC023579

  • Registration Number

    023579

  • Incorporation Date

    03 April 1998

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹3.20 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 3.20 M
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.43 Cr
  • Revenue Growth **** -12.03%
  • Profit Growth **** -1524.59%
  • Ebitda **** -73170.67%
  • Net Worth -11.87%
  • Total Assets -15.57%
Company report

Lake Systems Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Lake Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Lake Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Pratibha Nakil Deepak Director 03 Apr 1998 Current
Deepak Dinanath Nakil Director 03 Apr 1998 Current
Kadandale Vinod Shetty Director 03 Apr 1998 Current
Prasanna Kumar Shetty Director 03 Apr 1998 Current

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Financial Performance of Lake Systems.

Lake Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.03% decrease. The company also saw a substantial fall in profitability, with a 1524.59% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.87%.

Lake Systems revenue growth over time
Lake Systems profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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-12.03%
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Revenue from Operations
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Total Assets
*******
-15.57%
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*******
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Profit or Loss
*******
-1524.59%
*******
*******
*******
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Net Worth
*******
-11.87%
*******
*******
*******
*******
EBITDA
*******
-73170.67%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Lake Systems?

Unlock access to Lake Systems's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹14,323,000.00

Charges Breakdown by Lending Institutions
  • The Shamroa Vithal Co-Operative Bank Ltd. : 0.99 Cr
  • Shamrao Vithal Co-Operative Bank Limited : 0.34 Cr
  • The Shamrao Vithal Co-Op Bank Ltd. : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
02 Feb 2011 The Shamroa Vithal Co-Operative Bank Ltd. ₹0.35 M Satisfied
29 Aug 2007 Shamrao Vithal Co-Operative Bank Limited ₹3.39 M Satisfied
25 Jan 2005 The Shamroa Vithal Co-Operative Bank Ltd. ₹1.00 M Satisfied
25 Jan 2005 The Shamrao Vithal Co-Op Bank Ltd. ₹1.00 M Satisfied
27 Jul 2000 The Shamroa Vithal Co-Operative Bank Ltd. ₹8.59 M Satisfied

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How Many Employees Work at Lake Systems?

Lake Systems has a workforce of 15 employees as of May 18, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lake Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Lake Systems's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Lake Systems
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Lake Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Lake Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    The activity A charge registered on 25 Jan 2005 via Charge ID 90198548 with The Shamroa Vithal Co-Operative Bank Ltd. was fully satisfied on 10 Mar 2020. was completed.

  • Charges

    Progress on A charge registered on 25 Jan 2005 via Charge ID 90200990 with The Shamrao Vithal Co-Op Bank Ltd. was fully satisfied on 19 Feb 2020. was documented.

  • Charges

    Progress on A charge registered on 02 Feb 2011 via Charge ID 10268868 with The Shamroa Vithal Co-Operative Bank Ltd. was fully satisfied on 25 Jul 2013. was documented.

  • Charges

    Progress on A charge registered on 29 Aug 2007 via Charge ID 10075278 with Shamrao Vithal Co-Operative Bank Limited was fully satisfied on 25 Jul 2013. was documented.

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Frequently Asked Questions
What is the CIN of Lake Systems Private Limited?

The CIN of Lake Systems Private Limited is U30007KA1998PTC023579.

Where is Lake Systems Private Limited headquartered?

Lake Systems Private Limited is headquartered at 159, Sarjapur Road, I Blockkoramangala Bangalore, Bangalore, Karnataka, 560034.

When was Lake Systems Private Limited incorporated?

Lake Systems Private Limited was incorporated on 03 April 1998.

Who are the current directors of Lake Systems Private Limited?

The current directors of Lake Systems Private Limited are

What is the primary industry of Lake Systems Private Limited?

The primary industry of Lake Systems Private Limited is Information And Communication.

Is Lake Systems Private Limited a listed company?

Lake Systems Private Limited is unlisted.

What is the capital structure of Lake Systems Private Limited?

The authorized capital of Lake Systems Private Limited is ₹7.50 M, and the paid-up capital is ₹3.20 M.

What is the compliance status of Lake Systems Private Limited?

The compliance status of Lake Systems Private Limited is Compliant.

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