DPIIT recognised startup Government of India
Startup India
LRS IT Private Limited
LRS IT Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹1.98 Cr
▲ 53% YoY
Net loss · FY 2020
₹7.56 Lakh
Net margin -3.8%
EBITDA · FY 2020
-₹7.56 Lakh
EBITDA margin -3.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About LRS IT Private Limited
Data last updated:
LRS IT Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 26 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2018PTC307140. Its GSTIN is 27AADCL5640D1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suresh Shrinivasan and Hasamukhal Vrajalal Sanghavi.
Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at G – 015 New Rajmahal Co Op Hsg Soc Ltd Plot No 55E Mathuradas Vassanji Road, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.98 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹7.56 Lakh (net margin -3.8%) and EBITDA of -₹7.56 Lakh (EBITDA margin -3.8%).
Company Details of LRS IT Private Limited
CIN U72900MH2018PTC307140
Registration Number 307140
Incorporation Date 26 March 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 December 2020
Date of Balance Sheet 31 March 2020
DPIIT Recognition Recognised Startup
Recognitions & Rankings of LRS IT
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressG – 015 New Rajmahal Co Op Hsg Soc Ltd Plot No 55E Mathuradas Vassanji Road, Mumbai, Maharashtra, India – 400069
- IndustryInformation Technology, IT Products Retail & Distribution
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Business Activity of LRS IT Private Limited
The main business activity of LRS IT 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of LRS IT Private Limited FY 2020 filings available
LRS IT Private Limited reported revenue of ₹1.98 Cr (up 53% YoY) for FY 2020.
Revenue · FY 2020
₹1.98 Cr ▲ 53%
Net loss · FY 2020
₹7.56 Lakh margin -3.8%
EBITDA · FY 2020
-₹7.56 Lakh margin -3.8%
Compounded Annual Growth Rate (CAGR) of LRS IT Private Limited
Revenue CAGR growth
1 year
▲ 53%
EBITDA CAGR growth
1 year
▼ 741%
Revenue rose 53% in the latest year. EBITDA fell 741% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of LRS IT Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.98 Cr | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹7.56 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.56 Lakh | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of LRS IT Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -3.8% | •••• | •••• |
| Net Profit Margin | -3.8% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| 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 LRS IT are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of LRS IT Private Limited
LRS IT has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Shrinivasan | Additional Director | 28 Jul 2023 | 3 Years 2 Months | Current |
| Hasamukhal Vrajalal Sanghavi | Additional Director | 28 Jul 2023 | 3 Years 2 Months | Current |
Peer Comparison of LRS IT Private Limited
LRS IT Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ats Computers Private Limited | ₹1.99 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Chennai, Tamil Nadu, India |
| Shakambaree Technologies Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Kolkata, West Bengal, India |
| Onva Telesystems Private Limited | ₹1.98 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Mumbai, Maharashtra, India |
| Enso Secutrack Limited | ₹1.98 Cr (FY 2018) | •••• | •••• | 113.0% | •••• | Hyderabad, Telangana, India |
| STC Networks Private Limited | ₹1.98 Cr (FY 2020) | •••• | •••• | -47.0% | •••• | Mumbai, Maharashtra, India |
| LRS IT Private Limited this company | ₹1.98 Cr (FY 2020) | •••• | •••• | 53.0% | •••• | Mumbai, Maharashtra, India |
| Smruti Exim Private Limited | ₹1.97 Cr (FY 2021) | •••• | •••• | -13.0% | •••• | Ahmedabad, Gujarat, India |
| MKG Information System Private Limited | ₹1.97 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | New Delhi, Delhi, India |
| Harsha Graphics Private Limited | ₹1.97 Cr (FY 2021) | •••• | •••• | -31.0% | •••• | Hyderabad, Telangana, India |
| Inside Globe Info Solutions Private Limited | ₹1.97 Cr (FY 2018) | •••• | •••• | 138.0% | •••• | Tirunelveli, Tamil Nadu, India |
| Data Affect Private Limited | ₹1.97 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below LRS IT by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of LRS IT Private Limited
LRS IT Private Limited is audited by MITTAL & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MITTAL & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of LRS IT Private Limited
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Shareholding and ownership data
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Charges & Borrowings of LRS IT Private Limited
LRS IT Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at LRS IT Private Limited
Employment history and EPFO contributions of people linked to LRS IT.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on LRS IT Private Limited
LRS IT Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Ashish Kumar Sharma ceased to be Director on 29 Jul 2023.
Ceased
Ashish Kumar Sharma ceased to be Director.
Ceased
Mahendra Sumermal Vanigota ceased to be Director.
Appointed
Hasamukhal Vrajalal Sanghavi was appointed as Additional Director.
Appointed
Suresh Shrinivasan was appointed as Additional Director.
AGM
Lrs It Private Limited last Annual general meeting of members was held on 29 Dec 2020 as per latest MCA records.
Ceased
Nidhi Mahendra Vanigota ceased to be Director.
Filing
Lrs It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Incorporation
26 Mar 2018
Lrs It Private Limited was registered on 26 Mar 2018 with Roc Mumbai & aged 8 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for LRS IT Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by LRS IT Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of LRS IT Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of LRS IT Private Limited
LRS IT has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCL5640D1ZQ | Maharashtra | Active | 21 May 2018 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of LRS IT Private Limited
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Frequently Asked Questions about LRS IT Private Limited
LRS IT is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 26 March 2018 (8+ years old) and is registered under CIN U72900MH2018PTC307140.
LRS IT reported revenue of ₹1.98 Cr for FY 2020 (up 53% YoY).
LRS IT has 2 current directors:
- Suresh Shrinivasan - Additional Director
- Hasamukhal Vrajalal Sanghavi - Additional Director
LRS IT reported a net loss of ₹7.56 Lakh (net margin -3.8%) and EBITDA of -₹7.56 Lakh (EBITDA margin -3.8%) for FY 2020, as per its filed financial statements.
The GSTIN of LRS IT is 27AADCL5640D1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of LRS IT is U72900MH2018PTC307140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LRS IT was incorporated on 26 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of LRS IT by revenue are Ats Computers Private Limited, Shakambaree Technologies Private Limited, Onva Telesystems Private Limited, Enso Secutrack Limited, STC Networks Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Ashish Kumar Sharma ceased to be Director on 29 Jul 2023. Mahendra Sumermal Vanigota ceased to be Director on 29 Jul 2023. Hasamukhal Vrajalal Sanghavi was appointed as Additional Director on 28 Jul 2023. LRS IT has 5 board changes on record in total.
Yes, LRS IT is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of LRS IT is at G – 015 New Rajmahal Co Op Hsg Soc Ltd Plot No 55E Mathuradas Vassanji Road, Mumbai, Maharashtra, India – 400069.