
About Lyfenet Solutions Private Limited
Data last updated:
Lyfenet Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2014PTC097775. Its GSTIN is 33AACCL7568H1ZB (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohan Kumar Sundar and Ganesh Sundarraj.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Chennai, Tamil Nadu.
The company is associated with 1 brand: LyfeNet.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lyfenet.com.
Company details
Contact details
Lyfenet Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is lyfenet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot 145 9th Link Street Nehru Nagar Industrial Estate Kottivakk, Am, Chennai, Tamil Nadu, India – 600041
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Lyfenet 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
Lyfenet Solutions operates one associated brand: LyfeNet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IoT solutions for remote asset management, field tracking, and industrial gateways. | lyfenet.com |
Business activity
The main business activity of Lyfenet Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Lyfenet Solutions Private Limited, buy the company report.
Financials of Lyfenet Solutions Private Limited
FY 2022 filings availableLyfenet Solutions Private Limited reported revenue of ₹7,782 (down 94% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 94% fall 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Lyfenet Solutions Private Limited, buy the company report.
Board of directors of Lyfenet Solutions Private Limited
Lyfenet Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Kumar Sundar Also directs: Zyfer Digital Systems Private Limited | Director | 21 Oct 2014 | 12 Years 0 Months | Current |
| Ganesh Sundarraj Also directs: Zyfer Digital Systems Private Limited | Director | 21 Oct 2014 | 12 Years 0 Months | Current |
Auditor
Lyfenet Solutions Private Limited is audited by P. BHASKAR REDDY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. BHASKAR REDDY | FY 2017 | 218116 |
Shareholding
The shareholding of Lyfenet Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Lyfenet Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lyfenet Solutions 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 Lyfenet Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lyfenet Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCL7568H1ZB | Tamil Nadu | Active | 05 Sep 2017 |
To see the full GST registrations and return filing status of Lyfenet Solutions Private Limited, buy the company report.
Recent activity
Lyfenet Solutions Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Ganesh Sundarraj was appointed as Director on 21 Oct 2014.
Frequently asked questions
Lyfenet Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 October 2014 (12+ years old) and is registered under CIN U72900TN2014PTC097775.
Lyfenet Solutions has 2 current directors:
- Mohan Kumar Sundar - Director
- Ganesh Sundarraj - Director
The latest financial statements of Lyfenet Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Lyfenet Solutions is 33AACCL7568H1ZB, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Lyfenet Solutions is U72900TN2014PTC097775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lyfenet Solutions was incorporated on 21 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
Ganesh Sundarraj was appointed as Director on 21 Oct 2014. Mohan Kumar Sundar was appointed as Director on 21 Oct 2014.
Lyfenet Solutions can be reached through the website lyfenet.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Lyfenet Solutions is at Plot 145 9th Link Street Nehru Nagar Industrial Estate Kottivakk, Am, Chennai, Tamil Nadu, India – 600041.
Lyfenet Solutions operates in the information technology industry, in the application development and software solutions segment.