Leaseworks R&D Services Private Limited
About Leaseworks R&D Services Private Limited
Data last updated:
Leaseworks R&D Services Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 28 September 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022FTC166572.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dwarakanath Chennur (Irp/Rp/Liquidator) and Aleksey Strygin.
Its last annual general meeting (AGM) was held on 20 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.64 Cr. For the same year it recorded a net profit of ₹60.51 Lakh (net margin 7.9%) and EBITDA of ₹83.07 Lakh (EBITDA margin 10.9%).
The company has about 42 employees on its provident fund (EPFO) records.
Company details
Contact details
Leaseworks R&D Services Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressHd – 038 Wework Latitude 9th Floor Rmz Latitude Commercial, Bellary Road Hebbal Near Godrej Apt, Bangalore, Karnataka, India – 560024
- IndustryInformation Technology, SaaS (Software as a Service) Providers
- 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
Business activity
The main business activity of Leaseworks R&D Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Leaseworks R&D Services Private Limited, buy the company report.
Financials of Leaseworks R&D Services Private Limited
FY 2024 filings availableLeaseworks R&D Services Private Limited reported revenue of ₹7.64 Cr for FY 2024.
Financial Statement Summary
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| EBITDA | ₹83.07 Lakh | |
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| Net Profit (PAT) | ₹60.51 Lakh | |
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
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| EBITDA Margin | 10.9% | |
| Net Profit Margin | 7.9% | |
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To see the full financial statements and ratios of Leaseworks R&D Services Private Limited, buy the company report.
Board of directors of Leaseworks R&D Services Private Limited
Leaseworks R&D Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dwarakanath Chennur | Irp/Rp/Liquidator | 08 May 2025 | 1 Years 6 Months | As last reported |
| Aleksey Strygin | Nominee Director | 30 Oct 2024 | 2 Years 0 Months | As last reported |
| Punith Ramchandra Kundran Also directs: Neonest Digital Services LLP, Teng Bharat Engineering Services LLP, Miracletraffic AI India Private Limited and 5 more | Additional Director | 21 Dec 2024 | 1 Years 10 Months | As last reported |
Legal cases
No court or tribunal cases involving Leaseworks R&D 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 Leaseworks R&D Services 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 Leaseworks R&D Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Leaseworks R&D Services Private Limited has 5 board changes on record since 2024: 3 appointments and 2 cessations. The latest: Dwarakanath Chennur was appointed as Irp/Rp/Liquidator on 08 May 2025.
Frequently asked questions
Leaseworks R&D Services is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Leaseworks R&D Services is a company under liquidation, formerly operating as a foreign private limited company based in Bangalore, Karnataka, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 28 September 2022 and is registered under CIN U72900KA2022FTC166572. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Leaseworks R&D Services has 3 current directors:
- Aleksey Strygin - Nominee Director
- Punith Ramchandra Kundran - Additional Director
- Dwarakanath Chennur - Irp/Rp/Liquidator
The latest financial statements of Leaseworks R&D Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 September 2024. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Leaseworks R&D Services is U72900KA2022FTC166572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Leaseworks R&D Services was incorporated on 28 September 2022. It is registered with the Registrar of Companies, Bangalore.
Dwarakanath Chennur was appointed as Irp/Rp/Liquidator on 08 May 2025. Bobby Mathew ceased to be Director on 27 Dec 2024. Punith Ramchandra Kundran was appointed as Additional Director on 21 Dec 2024. Leaseworks R&D Services has 5 board changes on record in total.
The registered office of Leaseworks R&D Services is at Hd – 038 Wework Latitude 9th Floor Rmz Latitude Commercial, Bellary Road Hebbal Near Godrej Apt, Bangalore, Karnataka, India – 560024.
Leaseworks R&D Services operates in the information technology industry, in the saas (software as a service) providers segment.
The compliance status of Leaseworks R&D Services is compliant as of 27 July 2026.
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