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LS Devices Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹74.02 Cr
▲ 163% YoY
Net profit · FY 2025
₹2.95 Cr
Net margin 4%
EBITDA · FY 2025
₹10.51 Cr
EBITDA margin 14.2%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹48.89 Lakh
Issued & subscribed
Open charges
₹45 Cr
Satisfied ₹19.05 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
107
Provident fund records
About LS Devices Private Limited
Data last updated:
LS Devices Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 19 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC141221. Its GSTIN is 29AAECL4249D1ZI (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹48.89 Lakh. It is led by directors including Girishchandra Boregowda Gangadharaiah and Hari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.39 B Sobha Malachite Jakkur Plantations Road, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.95 Cr (net margin 4%) and EBITDA of ₹10.51 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 159% over three years.
The company has about 107 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: LifeSigns. As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹19.05 Cr on record. The company has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹4 Cr; the latest was in May 2026.
LS Devices Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0060822). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lifesigns.us.
Company details
CIN U74999KA2020PTC141221
Registration Number 141221
Incorporation Date 19 November 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-02-0060822
Recognitions & Rankings of LS Devices
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0060822
Contact details
LS Devices Private Limited's registered office is in Bangalore, Karnataka. Its website is lifesigns.us. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.39 B Sobha Malachite Jakkur Plantations Road, Bangalore, Karnataka, India – 560064
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of LS Devices Private Limited, buy the company report.
Comprehensive company report
LS Devices Private Limited - one report that includes everything
- 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
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Brands
LS Devices operates one associated brand: LifeSigns. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based wireless patches for digital patient monitoring are offered. | lifesigns.us |
Business activity
The main business activity of LS Devices is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of LS Devices Private Limited, buy the company report.
Financials of LS Devices Private Limited
FY 2025 filings availableLS Devices Private Limited reported revenue of ₹74.02 Cr (up 163% YoY) for FY 2025.
Revenue · FY 2025
₹74.02 Cr ▲ 163%
Net profit · FY 2025
₹2.95 Cr margin 4%
EBITDA · FY 2025
₹10.51 Cr margin 14.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 163%
3 years · compounded
▲ 159%
EBITDA CAGR growth
1 year
▲ 171%
3 years · compounded
▲ 195%
Revenue has grown at a compounded annual rate (CAGR) of 159% over three years, including 163% growth in the latest year. EBITDA rose 171% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.51 Cr | ||||
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| Net Profit (PAT) | ₹2.95 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of LS Devices Private Limited, buy the company report.
Board of directors of LS Devices Private Limited
LS Devices has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girishchandra Boregowda Gangadharaiah Also directs: Lifesigns Integra Private Limited, Presense India Medtech Private Limited, Lifesigns Medtech Private Limited and 2 more | Director | 19 Nov 2020 | 5 Years 11 Months | Current |
| Hari Also directs: Tapasya Homecare Industries LLP, Purple Tree Ventures LLP, Lifesigns Integra Private Limited and 3 more | Director | 27 Jul 2021 | 5 Years 2 Months | Current |
| Shouri Akkineni Also directs: Lifesigns Healthtech Private Limited, Yaegar Ventures LLP, Ascension Global LLP and 1 more | Director | 19 Nov 2020 | 5 Years 11 Months | Current |
Auditor
LS Devices Private Limited is audited by B V SWAMI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B V SWAMI & CO. | FY 2023 | 009151S |
Shareholding
The shareholding of LS Devices Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of LS Devices Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Cr
Satisfied charges
₹19.05 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2025 | 101199817 | Others | ₹15 Cr | Open | |
| 31 May 2024 | 100975868 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 06 Dec 2023 | 100842050 | Canara Bank | ₹11 Cr | Satisfied | |
| 21 Aug 2023 | 100776417 | Yes Bank Limited | ₹6.8 Cr | Satisfied | |
| 17 Dec 2022 | 100668441 | Hdfc Bank Limited | ₹1.25 Cr | Satisfied |
To see the full charge records of LS Devices Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
LS Devices Private Limited has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹4 Cr; the latest was in May 2026.
Total deals
7
Funding rounds
4
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹4 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Funding round | Undisclosed | Investors: HealthQuad |
| Feb 2025 | Funding round | Undisclosed | Investors: HealthCare Capital |
| Jul 2023 | Funding round · Series B | ₹1.5 Cr | Investors: 3 individuals |
| Mar 2023 | Funding round · Series A | ₹2.5 Cr | Investors: an individual |
| Jul 2021 | Rights issue | ₹32.9 Lakh | Investors: Lifesignals Group Inc, 3 individuals |
To see the full deal history of LS Devices Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving LS Devices 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 LS Devices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
LS Devices Private Limited has a workforce of 107 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
107
Active EPFO establishments
1
Employee growth
64.62%
GST
LS Devices has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECL4249D1ZI | Karnataka | Active | 16 Feb 2021 |
| 33AAECL4249D1ZT | Tamil Nadu | Active | 10 Jun 2021 |
To see the full GST registrations and return filing status of LS Devices Private Limited, buy the company report.
Recent activity
LS Devices Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Sanjay Gangadhar Shirbur ceased to be Director on 22 Dec 2021.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101199817 was registered on 25 Nov 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 30.00 Cr registered on 31 May 2024 with Charge ID 100975868 was modified on 30 Oct 2025.
AGM
Ls Devices Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ls Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 06 Dec 2023 via Charge ID 100842050 with Canara Bank was fully satisfied on 29 Jan 2025.
Charges
A charge registered on 21 Aug 2023 via Charge ID 100776417 with Yes Bank Limited was fully satisfied on 29 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100975868 was registered on 31 May 2024.
Charges
A charge with Yes Bank Limited of Rs. 6.80 Cr registered on 21 Aug 2023 with Charge ID 100776417 was modified on 19 Jan 2024.
Charges
A charge with Canara Bank amounted to Rs. 11.00 Cr with Charge ID 100842050 was registered on 06 Dec 2023.
Charges
A charge registered on 17 Dec 2022 via Charge ID 100668441 with Hdfc Bank Limited was fully satisfied on 08 Nov 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 6.80 Cr with Charge ID 100776417 was registered on 21 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.25 Cr with Charge ID 100668441 was registered on 17 Dec 2022.
6 earlier events are in the company report.
News
Frequently asked questions
LS Devices is an active private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 19 November 2020 (6+ years old) and is registered under CIN U74999KA2020PTC141221.
LS Devices has 3 current directors:
- Girishchandra Boregowda Gangadharaiah - Director
- Hari - Director
- Shouri Akkineni - Director
The latest financial statements of LS Devices on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of LS Devices is 29AAECL4249D1ZI, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAECL4249D1ZT (Tamil Nadu).
The CIN (Corporate Identification Number) of LS Devices is U74999KA2020PTC141221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LS Devices was incorporated on 19 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
LS Devices has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹4 Cr; the latest was in May 2026.
Sanjay Gangadhar Shirbur ceased to be Director on 22 Dec 2021. Hari was appointed as Director on 27 Jul 2021. Girishchandra Boregowda Gangadharaiah was appointed as Director on 19 Nov 2020. LS Devices has 5 board changes on record in total.
Yes, LS Devices is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, LS Devices is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0060822).