About Lapp IT Services Private Limited
Data last updated:
Lapp IT Services Private Limited was a foreign private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Lapp Holding Asia Pte Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 26 November 2008.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2008FTC048417. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹80 Lakh. It was led by directors Richard Lee and Sampatkumar Basavanneppa Aratti.
Its last annual general meeting (AGM) was held on 07 February 2018, and its latest financial statements are for the year ended 30 September 2017. The registered office was at Plot No. 98 J & K Jigani Industrial Area II Phase Jigani Bangalore South, Karnataka, India – 560105.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.28 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹34.63 Lakh (net margin 27.1%) and EBITDA of ₹24.6 Lakh (EBITDA margin 19.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
The last known website on record is lappitservices.com.
Company details
Contact details
Lapp IT Services Private Limited's registered office is in Bangalore, Karnataka. Its website is lappitservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 98 J & K Jigani Industrial Area II Phase Jigani Bangalore South, Karnataka, India – 560105
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions, IT Consulting & Support Services
To see the full contact details of Lapp IT Services Private Limited, buy the company report.
- 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
Financials of Lapp IT Services Private Limited
FY 2017 filings availableLapp IT Services Private Limited reported revenue of ₹1.28 Cr (up 13% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 13% growth in the latest year. EBITDA rose 477% 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹1.28 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹24.6 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹34.63 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 19.3% |
| Net Profit Margin | 27.1% |
| 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 | |
To see the full financial statements and ratios of Lapp IT Services Private Limited, buy the company report.
Board of directors of Lapp IT Services Private Limited
Lapp IT Services has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Richard Lee Also directs: Lapp India Private Limited | Director | 24 Aug 2012 | 14 Years 2 Months | As last reported |
| Sampatkumar Basavanneppa Aratti | Director | 24 Feb 2015 | 11 Years 8 Months | As last reported |
Auditor
Lapp IT Services Private Limited is audited by A. S. A. & Associates LLP for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. S. A. & Associates LLP | FY 2015 |
Shareholding
The shareholding of Lapp IT Services Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lapp IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lapp IT Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lapp IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lapp IT Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Lapp IT Services Private Limited, buy the company report.
Recent activity
Lapp IT Services Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Sampatkumar Basavanneppa Aratti was appointed as Director on 24 Feb 2015.
Frequently asked questions
Lapp IT Services 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.
Lapp IT Services was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 26 November 2008 and is registered under CIN U72200KA2008FTC048417. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Lapp IT Services was incorporated on 26 November 2008. It is registered with the Registrar of Companies, Bangalore.
Lapp IT Services had 2 directors:
- Richard Lee - Director
- Sampatkumar Basavanneppa Aratti - Director
The CIN (Corporate Identification Number) of Lapp IT Services is U72200KA2008FTC048417. 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 Lapp IT Services is at Plot No. 98 J & K Jigani Industrial Area II Phase Jigani Bangalore South, Karnataka, India – 560105.
Lapp IT Services can be reached through the website lappitservices.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Lapp IT Services on record with the MCA are for the year ended 30 September 2017. Its last annual general meeting was held on 07 February 2018. Year-wise statements from 2015 are in the company report.
No. Lapp IT Services has 1 GST registration on record and it is cancelled or inactive.
Lapp IT Services operated in the information technology industry, in the enterprise resource planning (erp) solutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
