About Lucid Design (India) Private Limited
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Lucid Design (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 16 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74994KA2009PTC049585. Its GSTIN is 29AABCL6053G1ZH (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amit Mirchandani (Managing Director) and Bina Mirchandani.
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 Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.36 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹8.25 Lakh (net margin 3.5%) and EBITDA of ₹97.78 Lakh (EBITDA margin 41.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 15% over five years.
The company is associated with 1 brand: Lucid Design India.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lucid.co.in.
Company details
Contact details
Lucid Design (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is lucid.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#453 Ibiza 1st Cross Hal III Stage Indiranagar, Opp To Telephone Exchange, Bangalore, Karnataka, India – 560075
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Lucid Design (India) Private Limited, buy the company report.
- 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
Brands
Lucid Design (India) operates one associated brand: Lucid Design India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Design services including branding, product design, and packaging in Bangalore. | lucid.co.in |
Financials of Lucid Design (India) Private Limited
FY 2025 filings availableLucid Design (India) Private Limited reported revenue of ₹2.36 Cr (up 4% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 4% growth in the latest year. EBITDA fell 3% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹2.36 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹97.78 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹8.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.5% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Lucid Design (India) Private Limited, buy the company report.
Board of directors of Lucid Design (India) Private Limited
Lucid Design (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bina Mirchandani | Director | 01 Sep 2024 | 2 Years 2 Months | Current |
| Amit Mirchandani | Managing Director | 16 Apr 2009 | 17 Years 6 Months | Current |
| Mirchandani Kishin Vijay | Director | 16 Apr 2009 | 17 Years 6 Months | Current |
Auditor
Lucid Design (India) Private Limited is audited by K R KUMAR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R KUMAR & ASSOCIATES | FY 2019 | 001590S |
Shareholding
The shareholding of Lucid Design (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lucid Design (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lucid Design (India) 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 Lucid Design (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lucid Design (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCL6053G1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lucid Design (India) Private Limited, buy the company report.
Recent activity
Lucid Design (India) Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Bina Mirchandani ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Lucid Design (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 16 April 2009 (17+ years old) and is registered under CIN U74994KA2009PTC049585.
Lucid Design (India) has 3 current directors:
- Amit Mirchandani - Managing Director
- Bina Mirchandani - Director
- Mirchandani Kishin Vijay - Director
The latest financial statements of Lucid Design (India) 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 2015 are in the company report.
The GSTIN of Lucid Design (India) is 29AABCL6053G1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Lucid Design (India) is U74994KA2009PTC049585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lucid Design (India) was incorporated on 16 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Bina Mirchandani ceased to be Additional Director on 29 Sep 2024. Bina Mirchandani was appointed as Director on 01 Sep 2024. Amit Mirchandani was appointed as Managing Director on 16 Apr 2009. Lucid Design (India) has 4 board changes on record in total.
Lucid Design (India) can be reached through the website lucid.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Lucid Design (India) is at #453 Ibiza 1st Cross Hal III Stage Indiranagar, Opp To Telephone Exchange, Bangalore, Karnataka, India – 560075.
Lucid Design (India) operates in the information technology industry, in the web design and maintenance services segment.
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