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
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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 2025, with the balance sheet filed on 31 March 2025. It is based at D.No.9-13-35/4, First Floor, Cbm Compound East Extension, Vip Road,, Visakhapatnam, Andhra Pradesh, 530003.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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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 Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 M
  • Company Age 11 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Tagorji Yerneni Director 06 Feb 2015 Current
Rajiv Mahesh Sanghvi Director 30 Sep 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Sep 2019 Past
Pramod Abcsdd Director 30 Sep 2019 Past
Pramod Abcsdd Director 30 Sep 2019 Past
Pramod Abcsdd Additional Director 30 Nov 2020 Past
Pramod Abcsdd Director 30 Sep 2019 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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%
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*******
*******
*******
Revenue from Operations
*******
 -52.08%
*******
*******
*******
*******
Total Assets
*******
 2.17%
*******
*******
*******
*******
Profit or Loss
*******
 -191.61%
*******
*******
*******
*******
Net Worth
*******
 -787.36%
*******
*******
*******
*******
EBITDA
*******
 -112.93%
*******
*******
*******
*******

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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 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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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 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

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Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Lbit Labs
Recent Activity within the Organization
  • Annual General Meeting

    The activity Lbit Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Lbit Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was recorded as a recent event.

  • Director Appointment

    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 4 months . was recorded as a recent event.

  • Director Appointment

    Tagorji Yerneni was appointed as a Director was appointed as a Director on 06 Feb 2015 & has been associated with this company since 11 years 2 days . was recorded as a recent event.

  • Company Incorporation

    The activity Lbit Labs Private Limited was registered on 28 Nov 2014 with Roc Vijayawada & aged 11 years 2 months as per MCA records. was completed.

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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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