About Lmih Technologies Private Limited
Data last updated:
Lmih Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC108000. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹39 Lakh and a paid-up capital of ₹6.67 Lakh. It is led by directors Yash Trivedi and Venkatesh Upadhyay.
Its last annual general meeting (AGM) was held on 25 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at #260 1st Floor 23rd Cross 13th Main Sector 7 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2021, the company reported a revenue of ₹236.87 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹70.13 Cr (net margin -29.6%) and EBITDA of -₹69.91 Cr (EBITDA margin -29.5%).
The company has about 48 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Now Better Pay and Behtar.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website behtarvalue.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#260 1st Floor 23rd Cross 13th Main Sector 7 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Lmih Technologies Private Limited
Lmih Technologies operates two associated brands: Now Better Pay and Behtar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bulk grocery products are purchased via an online platform. | nowbetterpay.com | |
| Diversified operation management solutions are provided to retail commerce. | behtarvalue.com |
Competitors & Alternatives of Lmih Technologies Private Limited
Brands and companies operating in the same space as Lmih Technologies Private Limited include Bigbasket, Bizom, RELEX and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Bigbasket | Personal and household products are delivered via an e-commerce platform. | Bengaluru, India | 2011 |
 Bizom | Retail intelligence platform is developed for brands and B2B retailers. | Bengaluru, India | 2008 |
 RELEX | Unified platform for retail and supply chain planning is offered. | Helsinki, Finland | 2005 |
 Otipy | Grocery products are provided via an online digital storefront. | Gurugram, India | 2020 |
 CallidusCloud | Cloud-based solutions for sales, marketing, and pipeline management are provided. | Pleasanton, United States | 1996 |
 Vend | Cloud-based retail POS solutions | San Francisco, United States | 2010 |
 Focal systems | AI-based suite solution for offline businesses | Menlo Park, United States | 2015 |
 Wellversed | Online retailer offering multi-category nutritional products | Gurugram, India | 2018 |
 Paystone | Customer engagement solutions for businesses are provided by Paystone. | London, Canada | 2009 |
 Linx | Cloud-based ERP and POS solutions are provided for retail segments. | Sao Paulo, Brazil | 1985 |
Business Activity of Lmih Technologies Private Limited
The main business activity of Lmih Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Lmih Technologies Private Limited
Lmih Technologies Private Limited is audited by M D A & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M D A & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Lmih Technologies Private Limited
Lmih Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Trivedi Also directs: Benefizio Trading Private Limited | Director | 19 Nov 2018 | 7 Years 10 Months | Current |
| Venkatesh Upadhyay Also directs: Benefizio Trading Private Limited | Director | 20 Nov 2017 | 8 Years 10 Months | Current |
Financials of Lmih Technologies Private Limited FY 2021 filings available
Lmih Technologies Private Limited reported revenue of ₹236.87 Cr (up 848% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Lmih Technologies Private Limited
Revenue rose 848% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Lmih Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
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| EBITDA | -₹69.91 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹70.13 Cr | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
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| Total Liabilities | •••• | •••• | •••• | •••• |
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Financial Ratios of Lmih Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -29.5% | •••• | •••• | •••• |
| Net Profit Margin | -29.6% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
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| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
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| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Lmih Technologies are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Lmih Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Lmih Technologies Private Limited
Lmih Technologies has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Benefizio Trading Private Limited | U74999KA2019PTC128714 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Lmih Technologies Private Limited
Lmih Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Lmih Technologies Private Limited
Lmih Technologies Private Limited has a workforce of 48 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Lmih Technologies Private Limited
Lmih Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Lmih Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Lmih Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Lmih Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Lmih Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Lmih Technologies Private Limited
Frequently Asked Questions about Lmih Technologies Private Limited
Lmih Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 November 2017 (9+ years old) and is registered under CIN U72900KA2017PTC108000.
Lmih Technologies reported revenue of ₹236.87 Cr for FY 2021 (up 848% YoY).
Lmih Technologies has 2 current directors:
- Yash Trivedi - Director
- Venkatesh Upadhyay - Director
Lmih Technologies reported a net loss of ₹70.13 Cr (net margin -29.6%) and EBITDA of -₹69.91 Cr (EBITDA margin -29.5%) for FY 2021, as per its filed financial statements.
No. Lmih Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Lmih Technologies is U72900KA2017PTC108000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lmih Technologies was incorporated on 20 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Lmih Technologies can be reached through the website behtarvalue.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Lmih Technologies is at #260 1st Floor 23rd Cross 13th Main Sector 7 Hsr Layout, Bangalore, Karnataka, India – 560102.