Lucid Technologies Private Limited - Company Profile

It is a chemicals and materials private limited company based in Mumbai, Maharashtra, India, established in 1996.

1996 Mumbai, Maharashtra, India Struck Off

Last Updated: July 24, 2025

About Lucid Technologies Private Limited

Lucid Technologies Private Limited, a struck off private limited company, was established on 23 May 1996 in Mumbai, Maharashtra, India. Engaging in industrial enzymes & biochemicals within the chemicals and materials sector, it holds CIN: U73100MH1996PTC099799. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Uday Chaturbhuj Merchant (Director), Sudhir Gopal Kulkarni (Director), Shailaja Uday Merchant (Director). Past directors included Anima Bhupendra Kapadia, Sudhir Gopal Kulkarni, Kulin Mahendrabhai Dalal. It holds no open charges and ₹1.30 Cr settled loans. Its latest AGM occurred on 09 August 2019, with the balance sheet filed on 31 March 2019. It is based at 401A Navbharat Estateszakaria Bunder Road Sewri (West), Mumbai, Maharashtra, 400015.

Company Details

CIN/LLPIN
U73100MH1996PTC099799
Registration Number
099799
Incorporation Date
23 May 1996
Authorized Capital
₹0.50 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Struck Off

Key Metrics

Authorised Capital ₹ 0.50 M as on 24-07-2025
Paid Up Capital ₹ 0.10 M as on 24-07-2025
Company Age 29 Year, 9 Months
Last Filing with ROC 31 Mar 2019
Satisfied Charges ₹ 1.30 Cr as on 24-07-2025
Revenue Growth **** -3.78% (FY 2019)
Profit Growth **** 58.22% (FY 2019)
Ebitda **** 45.34% (FY 2019)
Net Worth -41.98% (FY 2019)
Total Assets -3.37% (FY 2019)

Comprehensive Company Insights

Explore comprehensive insights into Lucid Technologies 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 Technologies Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Uday Chaturbhuj Merchant	Director	23 May 1996	Current
Sudhir Gopal Kulkarni	Director	29 Oct 2010	Current
Shailaja Uday Merchant	Director	23 May 1996	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	20 Feb 2018	Past
Pramod Abcsdd	Additional Director	08 Jul 2011	Past
Pramod Abcsdd	Director	20 Feb 2018	Past
Pramod Abcsdd	Director	20 Feb 2018	Past

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Financial Performance of Lucid Technologies.

Lucid Technologies Private Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 3.78% decrease. The company also saw a substantial improvement in profitability, with a 58.22% increase in profit. The company's net worth observed a substantial decline by a decrease of 41.98%.

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

********

-3.78%

*******

Revenue from Operations

*******

Total Assets

*******

-3.37%

*******

Profit or Loss

*******

58.22%

*******

Net Worth

*******

-41.98%

*******

EBITDA

*******

45.34%

*******

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What is the Ownership and Shareholding Structure of Lucid Technologies?

In 2019, Lucid Technologies had a promoter holding of 100.00%. 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

₹0

Satisfied Charges

₹13,000,000.00

Charges Breakdown by Lending Institutions

Bank Of Baroda : 1.30 Cr

Latest Charge Details

Date	Lender	Amount	Status
16 Sep 1998	Bank Of Baroda	₹1.00 Cr	Satisfied
27 May 1997	Bank Of Baroda	₹3.00 M	Satisfied

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How Many Employees Work at Lucid Technologies?

Unlock and access historical data on people associated with Lucid Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Technologies, 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 Technologies's trajectory.

Rating

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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 Technologies

Recent Activity within the Organization

Charges

A charge registered on 16 Sep 1998 via Charge ID 90156968 with Bank Of Baroda was fully satisfied on 28 Jan 2020. was recorded as a recent event.
28 Jan 2020
Charges

A charge registered on 27 May 1997 via Charge ID 90156595 with Bank Of Baroda was fully satisfied on 28 Jan 2020. was recorded as a recent event.
28 Jan 2020
Annual General Meeting

Progress on Lucid Technologies Private Limited last Annual general meeting of members was held on 09 Aug 2019 as per latest MCA records. was documented.
09 Aug 2019
Balance Sheet

Progress on Lucid Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai. was documented.
31 Mar 2019
Director Appointment

Progress on Sudhir Gopal Kulkarni was appointed as a Director was appointed as a Director on 29 Oct 2010 & has been associated with this company since 15 years 4 months . was documented.
29 Oct 2010
Charges

A charge with Bank Of Baroda of Rs. 3.00 M registered on 27 May 1997 with Charge ID 90156595 was modified on 17 Nov 1999. was recorded as a recent event.
17 Nov 1999

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