Lexnovate Services Private Limited - Company Profile

It is a business outsourcing private limited company based in Bengaluru, Karnataka, India, established in 2017.
2017 Bengaluru, Karnataka, India Active
Last Updated:
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About Lexnovate Services Private Limited

Lexnovate Services Private Limited, a active private limited company, was established on 06 December 2017 in Bengaluru, Karnataka, India. Engaging in legal process outsourcing within the professional, scientific and technical sector, it holds CIN: U74999KA2017PTC108473. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Prasanna Bhagwan Deshbhakth (Managing Director), Srikanth Vasant Kumbar (Managing Director). Past directors included Prasanna Bhagwan Deshbhakth, Abhay Lunia. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.11 Ambuja Nivas, 1St Floor, R K Street, Sheshadripuram,, Bengaluru, Karnataka, 560020.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74999KA2017PTC108473

  • Registration Number

    108473

  • Incorporation Date

    06 December 2017

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** %
  • Profit Growth **** 100.00%
  • Ebitda **** 100.00%
  • Net Worth 166.59%
  • Total Assets -85.21%
Company report

Lexnovate Services Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Lexnovate Services 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 Lexnovate Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Prasanna Bhagwan Deshbhakth Managing Director 22 Dec 2022 Current
Srikanth Vasant Kumbar Managing Director 06 Dec 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 17 Oct 2022 Past
Pramod Abcsdd Director Appointed In Casual Vacancy 21 Dec 2022 Past

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Financial Performance of Lexnovate Services.

Lexnovate Services Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 100% increase in profit. The company's net worth Soared by an impressive increase of 166.59%.

Lexnovate Services revenue growth over time
Lexnovate Services 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
********
*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -85.21%
*******
*******
*******
*******
Profit or Loss
*******
 100.00%
*******
*******
*******
*******
Net Worth
*******
 166.59%
*******
*******
*******
*******
EBITDA
*******
 100.00%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Lexnovate Services?

Unlock access to Lexnovate Services'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 Lexnovate Services?

Unlock and access historical data on people associated with Lexnovate Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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

Gain comprehensive insights into the Deals and Valuation data of Lexnovate Services, 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 Lexnovate Services's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Lexnovate Services
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Lexnovate Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Lexnovate Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Director Appointment

    Progress on Prasanna Bhagwan Deshbhakth was appointed as a Managing Director was appointed as a Managing Director on 22 Dec 2022 & has been associated with this company since 3 years 1 month . was documented.

  • Director Appointment

    The activity Srikanth Vasant Kumbar was appointed as a Managing Director was appointed as a Managing Director on 06 Dec 2017 & has been associated with this company since 8 years 2 months . was completed.

  • Company Incorporation

    Progress on Lexnovate Services Private Limited was registered on 06 Dec 2017 with Roc Bangalore & aged 8 years 2 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Lexnovate Services Private Limited?

The CIN of Lexnovate Services Private Limited is U74999KA2017PTC108473.

Where is Lexnovate Services Private Limited headquartered?

Lexnovate Services Private Limited is headquartered at No.11 Ambuja Nivas, 1St Floor, R K Street, Sheshadripuram,, Bengaluru, Karnataka, 560020.

When was Lexnovate Services Private Limited incorporated?

Lexnovate Services Private Limited was incorporated on 06 December 2017.

Who are the current directors of Lexnovate Services Private Limited?

The current directors of Lexnovate Services Private Limited are

What is the primary industry of Lexnovate Services Private Limited?

The primary industry of Lexnovate Services Private Limited is Professional, Scientific And Technical.

Is Lexnovate Services Private Limited a listed company?

Lexnovate Services Private Limited is unlisted.

What is the capital structure of Lexnovate Services Private Limited?

The authorized capital of Lexnovate Services Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Lexnovate Services Private Limited?

The compliance status of Lexnovate Services Private Limited is Compliant.

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