About Lucid Technologies and Solutions Private Limited
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Lucid Technologies and Solutions Private Limited was a private limited company based in Coimbatore, Tamil Nadu, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 August 1997.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ1997PTC008055. Its GSTIN is 33AAACL5180D1ZX (Tamil Nadu).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.13 Lakh. It was formerly known as Lucid Technologies Private Limited. It was led by directors Srinath Jagannathan (Managing Director) and Kalyani Jagannathan (Whole-Time Director).
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 was at 222A Race Course Road, Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2025, the company reported a revenue of ₹88.01 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹21.74 Lakh (net margin -24.7%) and EBITDA of ₹14.59 Lakh (EBITDA margin 16.6%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 39% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Lucid Technologies. Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 acquisition); the latest was in March 2022. Its 6 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 3 smaller; the largest is United Software Engineering Services Private Limited with revenue of ₹88.23 Lakh.
The last known website on record is lucidtechsol.com.
Company details
Contact details
Lucid Technologies and Solutions Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is lucidtechsol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address222A Race Course Road, Coimbatore, Tamil Nadu, India – 641018
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Lucid Technologies and Solutions 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 Technologies and Solutions operates one associated brand: Lucid Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data analytics and BI solutions are delivered for industry verticals. | lucidtechsol.com |
Financials of Lucid Technologies and Solutions Private Limited
FY 2025 filings availableLucid Technologies and Solutions Private Limited reported revenue of ₹88.01 Lakh (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 11% fall in the latest year. EBITDA fell 79% 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 | ₹14.59 Lakh | ||||
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| Net Profit (PAT) | -₹21.74 Lakh | ||||
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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 | 16.6% | ||||
| Net Profit Margin | -24.7% | ||||
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To see the full financial statements and ratios of Lucid Technologies and Solutions Private Limited, buy the company report.
Board of directors of Lucid Technologies and Solutions Private Limited
Lucid Technologies and Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalyani Jagannathan Also directs: Lucid Technologies and Solutions LLP | Whole-Time Director | 06 Aug 1997 | 29 Years 2 Months | As last reported |
| Srinath Jagannathan Also directs: Lucid Technologies and Solutions LLP | Managing Director | 06 Aug 1997 | 29 Years 2 Months | As last reported |
Peer comparison
Lucid Technologies and Solutions Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| United Software Engineering Services Private Limited | ₹88.23 Lakh (FY 2025) | 55.0% | Navi Mumbai, Maharashtra, India | |||
| Spundan Consultancy and IT Solutions Private Limited | ₹88.22 Lakh (FY 2024) | -33.0% | Indore, Madhya Pradesh, India | |||
| Ensurity Technologies Private Limited | ₹88.07 Lakh (FY 2024) | -89.0% | Hyderabad, Telangana, India | |||
| Lucid Technologies and Solutions Private Limitedthis company | ₹88.01 Lakh (FY 2025) | -₹21.74 Lakh | -24.7% | -11.0% | 1 | Coimbatore, Tamil Nadu, India |
| Fargo Wiz Software Services Private Limited | ₹87.99 Lakh (FY 2025) | 34.0% | Noida, Uttar Pradesh, India | |||
| Startup Internet Services Limited | ₹87.63 Lakh (FY 2025) | 0.0% | Delhi, India | |||
| Convergence Infotech Private Limited | ₹87.57 Lakh (FY 2024) | -39.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Lucid Technologies and Solutions Private Limited, buy the company report.
Auditor
Lucid Technologies and Solutions Private Limited is audited by SURI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURI & CO | FY 2022 | 004283S |
Shareholding
The shareholding of Lucid Technologies and Solutions Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Lucid Technologies and Solutions Private Limited, buy the company report.
Deals & funding
Lucid Technologies and Solutions Private Limited has 1 deal on record (1 acquisition); the latest was in March 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Acquisition | Undisclosed | Buyer: Expleo Solutions Limited Seller: Lucid Technologies and Solutions Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lucid Technologies and Solutions Private Limited has 1 court case on record: 1 filed by Lucid Technologies and Solutions. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Lucid Technologies and Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lucid Technologies and Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lucid Technologies and Solutions Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Lucid Technologies and Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACL5180D1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lucid Technologies and Solutions Private Limited, buy the company report.
Recent activity
Lucid Technologies and Solutions Private Limited has 5 board changes on record since 1997: 2 appointments and 3 cessations. The latest: Kalyani Jagannathan ceased to be Whole-Time Director on 31 Jan 2020.
Frequently asked questions
Lucid Technologies and Solutions has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Lucid Technologies and Solutions was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 06 August 1997 and is registered under CIN U72200TZ1997PTC008055. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Lucid Technologies and Solutions is U72200TZ1997PTC008055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lucid Technologies and Solutions had 2 directors:
- Srinath Jagannathan - Managing Director
- Kalyani Jagannathan - Whole-Time Director
Lucid Technologies and Solutions was incorporated on 06 August 1997. It is registered with the Registrar of Companies, Coimbatore.
Lucid Technologies and Solutions can be reached through the website lucidtechsol.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Lucid Technologies and Solutions is at 222A Race Course Road, Coimbatore, Tamil Nadu, India – 641018.
The latest financial statements of Lucid Technologies and Solutions 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 Technologies and Solutions is 33AAACL5180D1ZX, registered in Tamil Nadu.
Lucid Technologies and Solutions operated in the information technology industry, in the IT consulting and support services segment.
Lucid Technologies and Solutions has 1 deal on record (1 acquisition); the latest was in March 2022.