Lares Algotech India Private Limited
About Lares Algotech India Private Limited
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Lares Algotech India Private Limited is a private limited company based in Delhi, India. It operates in the asset management firms segment of the financial services sector. It was incorporated on 07 June 2023.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U66120DL2023PTC415426.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹26.05 Cr. It is led by directors including Maya Sharan Singh and Narayandatt Ramanlal Dave.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flt No 460 3rd Floor, Kondligharoli Mayurvihar3, Delhi, India – 110096.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.06 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.7 Cr (net margin -172.9%) and EBITDA of -₹63.24 Lakh (EBITDA margin -64.5%).
Company details
CIN history
Lares Algotech India has one previous CIN (Corporate Identification Number): U62020DL2023PTC415426. The current CIN is U66120DL2023PTC415426, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66120DL2023PTC415426 | Current |
| U62020DL2023PTC415426 | Previous |
Contact details
Lares Algotech India Private Limited's registered office is in Delhi, Delhi.
- Registered AddressFlt No 460 3rd Floor, Kondligharoli Mayurvihar3, Delhi, India – 110096
- IndustryFinancial Services, Asset Management Firms
- 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 Lares Algotech India Private Limited
FY 2025 filings availableLares Algotech India Private Limited reported revenue of ₹98.06 Lakh (up 581% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 581% in the latest year. EBITDA fell 760% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
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| EBITDA | -₹63.24 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.7 Cr | |
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -64.5% | |
| Net Profit Margin | -172.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
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To see the full financial statements and ratios of Lares Algotech India Private Limited, buy the company report.
Board of directors of Lares Algotech India Private Limited
Lares Algotech India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maya Sharan Singh Also directs: Lares Infracon Private Limited, Mera Gaon Meri Galiya Foundation | Director | 07 Jun 2023 | 3 Years 4 Months | Current |
| Narayandatt Ramanlal Dave Also directs: Radhamadhav Construction LLP, Radhamadhav BKC Private Limited, Radhamadhav Realtors Private Limited and 1 more | Director | 17 Jun 2023 | 3 Years 4 Months | Current |
| Abhijit Chaudhury | Director | 20 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Lares Algotech India Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Asset Management, Software Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Norna Softech Private Limited | ₹98.49 Lakh (FY 2025) | 406.0% | Ranchi, Jharkhand, India | |||
| Gi Retail Private Limited | ₹98.46 Lakh (FY 2024) | 94.0% | Chennai, Tamil Nadu, India | |||
| Dview Technologies Private Limited | ₹98.44 Lakh (FY 2025) | -7.0% | Banda, Uttar Pradesh, India | |||
| Got Softwares Private Limited | ₹98.39 Lakh (FY 2024) | -5.0% | Chennai, Tamil Nadu, India | |||
| Intec Training and Eduware Company Private Ltd | ₹98.39 Lakh (FY 2025) | -30.0% | New Delhi, Delhi, India | |||
| Lares Algotech India Private Limitedthis company | ₹98.06 Lakh (FY 2025) | -₹1.7 Cr | -172.9% | 581.0% | Delhi, India | |
| Trsoft Technologies Private Limited | ₹97.55 Lakh (FY 2025) | -22.0% | Mumbai, Maharashtra, India | |||
| Oceanking Software Solutions LLP | ₹97.36 Lakh (FY 2018) | 60940.0% | Kolkata, West Bengal, India | |||
| Lexlegis Solutions Private Limited | ₹97.21 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Koteshwar Software and Technology Consultants Private Limited | ₹97.11 Lakh (FY 2025) | 104.0% | Bangalore, Karnataka, India | |||
| Appripe Technology (OPC) Private Limited | ₹96.99 Lakh (FY 2025) | 78.0% | Fatehabad, Haryana, India |
To see the full peer comparison of Lares Algotech India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lares Algotech India 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 Lares Algotech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Lares Algotech India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lares Algotech India Private Limited has 7 board changes on record since 2023: 3 appointments and 4 cessations. The latest: Abhijit Chaudhury ceased to be Additional Director on 14 Nov 2024.
Frequently asked questions
Lares Algotech India is an active private limited company based in Delhi, India. The company works in asset management firms, within the financial services industry. It was incorporated on 07 June 2023 (3+ years old) and is registered under CIN U66120DL2023PTC415426.
Lares Algotech India has 3 current directors:
- Maya Sharan Singh - Director
- Narayandatt Ramanlal Dave - Director
- Abhijit Chaudhury - Director
The latest financial statements of Lares Algotech India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Lares Algotech India is U66120DL2023PTC415426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lares Algotech India was incorporated on 07 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Lares Algotech India by revenue are Norna Softech Private Limited, Gi Retail Private Limited, Dview Technologies Private Limited, Got Softwares Private Limited, Intec Training and Eduware Company Private Ltd and 5 more, all in the BFSI industry (Asset Management, Software Services).
Abhijit Chaudhury ceased to be Additional Director on 14 Nov 2024. Narayandatt Ramanlal Dave ceased to be Additional Director on 14 Nov 2024. Abhijit Chaudhury was appointed as Director on 20 Jul 2023. Lares Algotech India has 7 board changes on record in total.
The registered office of Lares Algotech India is at Flt No 460 3rd Floor, Kondligharoli Mayurvihar3, Delhi, India – 110096.
Lares Algotech India operates in the financial services industry, in the asset management firms segment.
Lares Algotech India can be reached at its registered office: Flt No 460 3rd Floor, Kondligharoli Mayurvihar3, Delhi, India – 110096.
Lares Algotech India is registered under the jurisdiction of the Registrar of Companies (ROC), Delhi.