Lucid It Solutions Private Limited - Company Profile

It is a information technology private limited company based in Bangalore., Karnataka, India, established in 2001.
2001 Bangalore., Karnataka, India Active
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About Lucid It Solutions Private Limited

Lucid It Solutions Private Limited, a active private limited company, was established on 06 September 2001 in Bangalore., Karnataka, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U72200KA2001PTC029500. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Employing 49 professional, Its leadership includes Chilimpenth Sarojini Pradeep (Managing Director), Lakshmanan Balasubhadra Achary Manikantan (Director). Past directors included Chilimpenth Sarojini Pradeep, Chilampennethu Sarojiniamma Kochukunju. It holds ₹1.00 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.212, Jyothi Villa, Vinayaknagar Rameshnagar Post, Near Blind School,, Bangalore., Karnataka, 560037.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U72200KA2001PTC029500

  • Registration Number

    029500

  • Incorporation Date

    06 September 2001

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 24 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 M
  • Revenue Growth **** 61.03%
  • Profit Growth **** 80.15%
  • Ebitda **** 107.14%
  • Net Worth 26.12%
  • Total Assets **** 2.13%
Company report

Lucid It Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Lucid It Solutions 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 Lucid It Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Chilimpenth Sarojini Pradeep Managing Director 06 Sep 2001 Current
Lakshmanan Balasubhadra Achary Manikantan Director 15 Oct 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Dec 2009 Past
Pramod Abcsdd Director 10 May 2021 Past

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Financial Performance of Lucid It Solutions.

Lucid It Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.03% increase. The company also saw a substantial improvement in profitability, with a 80.15% increase in profit. The company's net worth Soared by an impressive increase of 26.12%.

Lucid It Solutions revenue growth over time
Lucid It Solutions 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
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 61.03%
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*******
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Revenue from Operations
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 63.09%
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*******
Total Assets
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 2.13%
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*******
*******
*******
Profit or Loss
*******
 80.15%
*******
*******
*******
*******
Net Worth
*******
 26.12%
*******
*******
*******
*******
EBITDA
*******
 107.14%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Lucid It Solutions?

In 2023, Lucid It Solutions had a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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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Charges (Loans)
Open Charges

₹1,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Canara Bank : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
26 Dec 2011 Canara Bank ₹0.50 M Open
16 Sep 2011 Canara Bank ₹0.50 M Open

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How Many Employees Work at Lucid It Solutions?

Lucid It Solutions has a workforce of 49 employees as of Jan 03, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Lucid It Solutions, 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 Lucid It Solutions's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Lucid It Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Lucid It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Lucid It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Director Appointment

    Progress on Lakshmanan Balasubhadra Achary Manikantan was appointed as a Director was appointed as a Director on 15 Oct 2012 & has been associated with this company since 13 years 4 months . was documented.

  • Charges

    The activity A charge with Canara Bank amounted to Rs. 0.50 M with Charge ID 10331583 was registered on 26 Dec 2011. was completed.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 0.50 M with Charge ID 10311003 was registered on 16 Sep 2011. was documented.

  • Director Appointment

    Progress on Chilimpenth Sarojini Pradeep was appointed as a Managing Director was appointed as a Managing Director on 06 Sep 2001 & has been associated with this company since 24 years 5 months . was documented.

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Frequently Asked Questions
What is the CIN of Lucid It Solutions Private Limited?

The CIN of Lucid It Solutions Private Limited is U72200KA2001PTC029500.

Where is Lucid It Solutions Private Limited headquartered?

Lucid It Solutions Private Limited is headquartered at No.212, Jyothi Villa, Vinayaknagar Rameshnagar Post, Near Blind School,, Bangalore., Karnataka, 560037.

When was Lucid It Solutions Private Limited incorporated?

Lucid It Solutions Private Limited was incorporated on 06 September 2001.

Who are the current directors of Lucid It Solutions Private Limited?

The current directors of Lucid It Solutions Private Limited are

What is the primary industry of Lucid It Solutions Private Limited?

The primary industry of Lucid It Solutions Private Limited is Information And Communication.

Is Lucid It Solutions Private Limited a listed company?

Lucid It Solutions Private Limited is unlisted.

What is the capital structure of Lucid It Solutions Private Limited?

The authorized capital of Lucid It Solutions Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Lucid It Solutions Private Limited?

The compliance status of Lucid It Solutions Private Limited is Compliant.

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