Lbit Labs Private Limited Company Logo

Lbit Labs Private Limited - Company Profile

It is a information technology private limited company based in Visakhapatnam, Andhra Pradesh, India, established in 2014.

2014 | Visakhapatnam, Andhra Pradesh, India | Active
Last Updated:

About Lbit Labs Private Limited

Lbit Labs Private Limited, a active private limited company, was established on 28 November 2014 in Visakhapatnam, Andhra Pradesh, India. Engaging in it consulting & support services within the financial and insurance service sector, it holds CIN: U67190AP2014PTC095719. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹2.00 M.

Formerly known as Pennant Fin Services Private Limited. It upholds a compliant status. Employing 10 professional, Its leadership includes Tagorji Yerneni (Director), Rajiv Mahesh Sanghvi (Director). Past directors included Ramakrishna Raju Eepuri, Venkata Satya Pradeep Kumar Varma Penmetsa, Naveen Kumar Jain. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at D.No.9-13-35/4, First Floor, Cbm Compound East Extension, Vip Road,, Visakhapatnam, Andhra Pradesh, 530003.

Company Details

  • CIN/LLPIN

    U67190AP2014PTC095719

  • Registration Number

    095719

  • Incorporation Date

    28 November 2014

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 M
  • Company Age 11 Year, 1 Day
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -50.12%
  • Profit Growth -191.61%
  • Ebitda -112.93%
  • Net Worth -787.36%
  • Total Assets 2.17%
Company report

Lbit Labs Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Lbit Labs 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 Lbit Labs Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Tagorji YerneniDirector06 Feb 2015Current
Rajiv Mahesh SanghviDirector30 Sep 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Sep 2019Past
Pramod AbcsddDirector30 Sep 2019Past
Pramod AbcsddDirector30 Sep 2019Past
Pramod AbcsddAdditional Director30 Nov 2020Past
Pramod AbcsddDirector30 Sep 2019Past

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Financial Performance of Lbit Labs.

Lbit Labs Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.12% decrease. The company also saw a substantial fall in profitability, with a 191.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 787.36%.

Lbit Labs revenue growth over time
Lbit Labs 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
-50.12%
Revenue from Operations
-52.08%
Total Assets
2.17%
Profit or Loss
-191.61%
Net Worth
-787.36%
EBITDA
-112.93%

What is the Ownership and Shareholding Structure of Lbit Labs?

Unlock access to Lbit Labs'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 Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Lbit Labs?

Lbit Labs has a workforce of 10 employees as of Apr 08, 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 Lbit Labs Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lbit Labs, 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 Lbit Labs's trajectory.

Rating

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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 Lbit Labs

Recent Activity within the Organization

  • Annual General Meeting

    Lbit Labs Private 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 Lbit Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was documented.

  • Director Appointment

    Progress on Rajiv Mahesh Sanghvi was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 6 years 2 months . was documented.

  • Director Appointment

    The activity Tagorji Yerneni was appointed as a Director was appointed as a Director on 06 Feb 2015 & has been associated with this company since 10 years 9 months . was completed.

  • Company Incorporation

    Progress on Lbit Labs Private Limited was registered on 28 Nov 2014 with Roc Vijayawada & aged 11 years 1 day as per MCA records. was documented.

Frequently Asked Questions

  • What is the CIN of Lbit Labs Private Limited?

    The CIN of Lbit Labs Private Limited is U67190AP2014PTC095719.

  • Where is Lbit Labs Private Limited headquartered?

    Lbit Labs Private Limited is headquartered at D.No.9-13-35/4, First Floor, Cbm Compound East Extension, Vip Road,, Visakhapatnam, Andhra Pradesh, 530003.

  • When was Lbit Labs Private Limited incorporated?

    Lbit Labs Private Limited was incorporated on 28 November 2014.

  • Who are the current directors of Lbit Labs Private Limited?

    The current directors of Lbit Labs Private Limited are

  • What is the primary industry of Lbit Labs Private Limited?

    The primary industry of Lbit Labs Private Limited is Financial And Insurance Service.

  • Is Lbit Labs Private Limited a listed company?

    Lbit Labs Private Limited is unlisted.

  • What is the capital structure of Lbit Labs Private Limited?

    The authorized capital of Lbit Labs Private Limited is ₹2.00 Cr, and the paid-up capital is ₹2.00 M.

  • What is the compliance status of Lbit Labs Private Limited?

    The compliance status of Lbit Labs Private Limited is Compliant.

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