Lares Global Limited Company Logo

Lares Global Limited - Company Profile

It is a information technology public limited company based in Hyderabad, Telangana, India, established in 2008.

2008 | Hyderabad, Telangana, India | Active
Last Updated:

About Lares Global Limited

Lares Global Limited, a active public limited company, was established on 30 September 2008 in Hyderabad, Telangana, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U72200TG2008PLC061255. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹7.50 M.

Formerly known as Lares Global Private Limited, Lares Property Management Private Limited. It upholds a compliant status. Employing 5 professional, Its leadership includes Namburu Narasimha Rao (Managing Director), Gundimeda Dinesh Kumar (Director), Naga Babu Uppala (Director). Past directors included Namburu Narasimha Rao, Panguluri Krishna Murali Krishna, Panguluri Krishna Gopi. It holds ₹4.05 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Flat No 101, Auchyut Mazon,H No 7-1-621/48, S.R Nagar, Hyderabad, Telangana, 500038.

Company Details

  • CIN/LLPIN

    U72200TG2008PLC061255

  • Registration Number

    061255

  • Incorporation Date

    30 September 2008

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹7.50 M

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.05 Cr
  • Revenue Growth 5.22%
  • Profit Growth 20.09%
  • Ebitda 10.68%
  • Net Worth 7.70%
  • Total Assets 22.82%
Company report

Lares Global Limited

Company Report FY 2025-2026

Explore comprehensive insights into Lares Global 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 Lares Global Limited?

Current Directors

NameDesignationAppointment DateStatus
Namburu Narasimha RaoManaging Director01 Aug 2016Current
Gundimeda Dinesh KumarDirector16 May 2015Current
Naga Babu UppalaDirector20 Mar 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director28 Sep 2016Past
Pramod AbcsddDirector07 Feb 2011Past
Pramod AbcsddAdditional Director28 Jul 2018Past
Pramod AbcsddDirector01 Aug 2016Past
Pramod AbcsddDirector18 May 2015Past
Pramod AbcsddDirector20 Mar 2023Past

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Financial Performance of Lares Global.

Lares Global Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.22% increase. The company also saw a substantial improvement in profitability, with a 20.09% increase in profit. The company's net worth moved up by a moderate rise of 7.7%.

Lares Global revenue growth over time
Lares Global profit and loss trends over time
  • 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
5.22%
Revenue from Operations
5.22%
Total Assets
22.82%
Profit or Loss
20.09%
Net Worth
7.70%
EBITDA
10.68%

What is the Ownership and Shareholding Structure of Lares Global?

In 2022, Lares Global had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹40,490,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.05 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2023Others₹6.00 MOpen
31 Dec 2021Others₹4.49 MOpen
17 Oct 2016Others₹3.00 CrOpen

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How Many Employees Work at Lares Global?

Lares Global has a workforce of 5 employees as of Apr 10, 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 growth trends for Lares Global Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lares Global, 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 Lares Global'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.

Latest Updates, News, and FAQs on Lares Global

Recent Activity within the Organization

  • Annual General Meeting

    Lares Global Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Lares Global Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 6.00 M with Charge ID 100829961 was registered on 29 Nov 2023. was completed.

  • Charges

    Progress on A charge with Others of Rs. 30.00 M registered on 17 Oct 2016 with Charge ID 100063426 was modified on 29 Aug 2023. was documented.

  • Director Appointment

    Naga Babu Uppala was appointed as a Director was appointed as a Director on 20 Mar 2023 & has been associated with this company since 2 years 8 months . was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 4.49 M with Charge ID 100525551 was registered on 31 Dec 2021. was completed.

Frequently Asked Questions

  • What is the CIN of Lares Global Limited?

    The CIN of Lares Global Limited is U72200TG2008PLC061255.

  • Where is Lares Global Limited headquartered?

    Lares Global Limited is headquartered at Flat No 101, Auchyut Mazon,H No 7-1-621/48, S.R Nagar, Hyderabad, Telangana, 500038.

  • When was Lares Global Limited incorporated?

    Lares Global Limited was incorporated on 30 September 2008.

  • Who are the current directors of Lares Global Limited?

    The current directors of Lares Global Limited are

  • What is the primary industry of Lares Global Limited?

    The primary industry of Lares Global Limited is Information And Communication.

  • Is Lares Global Limited a listed company?

    Lares Global Limited is unlisted.

  • What is the capital structure of Lares Global Limited?

    The authorized capital of Lares Global Limited is ₹7.50 M, and the paid-up capital is ₹7.50 M.

  • What is the compliance status of Lares Global Limited?

    The compliance status of Lares Global Limited is Compliant.

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