Lucid Software Limited - Company Profile

Q: Where is Lucid Software Limited headquartered?

Lucid Software Limited is headquartered at 331377&8137 L-3 Block-2 , Reddy Kuppam Road, Saidapet, Saidapet, Chennai City Corporation, Tamil Nadu, 600015.

Q: Who are the current directors of Lucid Software Limited?

The current directors of Lucid Software Limited are Udaykumar Reddy Chagari, Chakravarthy Padmanabhan Madhusudan, Padithi Reddy Gari Venkata Krishna Mohan Reddy.

It is a information technology public limited company based in Chennai City Corporation, Tamil Nadu, India, established in 2000.

2000 Chennai City Corporation, Tamil Nadu, India Active

Last Updated: December 07, 2025

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About Lucid Software Limited

Lucid Software Limited, a active public limited company, was established on 28 February 2000 in Chennai City Corporation, Tamil Nadu, India. Engaging in software development & support services within the information and communication sector, it holds CIN: U72200TN2000PLC044263. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹2.19 Cr.

It upholds a compliant status. Employing 21 professional, Its leadership includes Udaykumar Reddy Chagari (Director), Chakravarthy Padmanabhan Madhusudan (Whole-Time Director), Padithi Reddy Gari Venkata Krishna Mohan Reddy (Whole-Time Director). Past directors included Sriram Raju, Poonacha Balyatanda Machaiah, Satish Narayana. It holds ₹4.09 M open charges and ₹1.80 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 33/137(7&8/137 L-3 Block-2) , Reddy Kuppam Road, Saidapet, Saidapet, Chennai City Corporation, Tamil Nadu, 600015.

Company Details

CIN/LLPIN
U72200TN2000PLC044263
Registration Number
044263
Incorporation Date
28 February 2000
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹2.19 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 07-12-2025
Paid Up Capital ₹ 2.19 Cr as on 07-12-2025
Company Age 26 Year, 1 Month
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 4.09 M as on 07-12-2025
Satisfied Charges ₹ 1.80 M as on 07-12-2025
Revenue Growth **** -63.53% (FY 2023)
Profit Growth **** 28.43% (FY 2023)
Ebitda **** -64.40% (FY 2023)
Net Worth -68.40% (FY 2023)
Total Assets -27.59% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Lucid Software 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 Software Limited?

Current Directors

Name	Designation	Appointment Date	Status
Udaykumar Reddy Chagari	Director	02 Apr 2018	Current
Chakravarthy Padmanabhan Madhusudan	Whole-Time Director	05 Mar 2007	Current
Padithi Reddy Gari Venkata Krishna Mohan Reddy	Whole-Time Director	28 Feb 2000	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	16 Jun 2014	Past
Pramod Abcsdd	Director	12 Jul 2011	Past
Pramod Abcsdd	Director	04 May 2018	Past
Pramod Abcsdd	Additional Director	29 Sep 2018	Past
Pramod Abcsdd	Director	17 Sep 2010	Past
Pramod Abcsdd	Director	17 Sep 2007	Past

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Financial Performance of Lucid Software.

Lucid Software Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 63.53% decrease. The company also saw a substantial improvement in profitability, with a 28.43% increase in profit. The company's net worth observed a substantial decline by a decrease of 68.4%.

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

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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

********

-63.53%

*******

Revenue from Operations

*******

-63.98%

*******

Total Assets

*******

-27.59%

*******

Profit or Loss

*******

28.43%

*******

Net Worth

*******

-68.40%

*******

EBITDA

*******

-64.40%

*******

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What is the Ownership and Shareholding Structure of Lucid Software?

In 2023, Lucid Software had a promoter holding of 99.39% and a public holding of 0.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹4,093,769.00

Satisfied Charges

₹1,800,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 0.35 Cr
Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Jan 2021	Hdfc Bank Limited	₹0.59 M	Open
23 Apr 2008	State Bank Of India	₹3.50 M	Open
18 Jan 2005	City Union Bank Limited	₹0.90 M	Satisfied
23 Jun 2003	City Union Bank Limited	₹0.90 M	Satisfied

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How Many Employees Work at Lucid Software?

Lucid Software has a workforce of 21 employees as of Apr 05, 2024. 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Lucid Software, 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 Software's trajectory.

Rating

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

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 Software

Recent Activity within the Organization

Annual General Meeting

Progress on Lucid Software Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Balance Sheet

Progress on Lucid Software Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.
31 Mar 2024
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100419364 was registered on 30 Jan 2021. was completed.
30 Jan 2021
Director Appointment

Udaykumar Reddy Chagari was appointed as a Director was appointed as a Director on 02 Apr 2018 & has been associated with this company since 8 years 15 days . was recorded as a recent event.
02 Apr 2018
Charges

The activity A charge registered on 18 Jan 2005 via Charge ID 90288011 with City Union Bank Limited was fully satisfied on 04 Jan 2010. was completed.
04 Jan 2010
Charges

Progress on A charge registered on 23 Jun 2003 via Charge ID 90285591 with City Union Bank Limited was fully satisfied on 04 Jan 2010. was documented.
04 Jan 2010

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