MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-03-0026920
Lyra Grow Up Solution Private Limited - financial services in Faridabad, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.17 Cr
▲ 530% YoY
Net loss · FY 2023
₹46.36 Lakh
Net margin -39.6%
EBITDA · FY 2023
-₹46.24 Lakh
EBITDA margin -39.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹8 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date
About Lyra Grow Up Solution Private Limited
Data last updated:
Lyra Grow Up Solution Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the general insurance providers segment of the financial services sector. It was incorporated on 21 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2016PTC066177.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors Rahul Mashi and Rinki Mashi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at NH 5/40 Ist Floor Neelam Railway Road, Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.17 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹46.36 Lakh (net margin -39.6%) and EBITDA of -₹46.24 Lakh (EBITDA margin -39.5%). Revenue has grown at a compounded annual rate (CAGR) of 113% over three years and 103% over five years.
Lyra Grow Up Solution Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0026920). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lyragrowupsolution.com.
Company details
CIN U74999HR2016PTC066177
Registration Number 066177
Incorporation Date 21 October 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-HR-03-0026920
Recognitions & Rankings of Lyra Grow Up Solution
Contact details
Lyra Grow Up Solution Private Limited's registered office is in Faridabad, Haryana. Its website is lyragrowupsolution.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNH 5/40 Ist Floor Neelam Railway Road, Faridabad, Haryana, India – 121001
- IndustryFinancial Services, General Insurance Providers
To see the full contact details of Lyra Grow Up Solution Private Limited, buy the company report.
Comprehensive company report
Lyra Grow Up Solution Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Lyra Grow Up Solution is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Lyra Grow Up Solution Private Limited, buy the company report.
Financials of Lyra Grow Up Solution Private Limited
FY 2023 filings availableLyra Grow Up Solution Private Limited reported revenue of ₹1.17 Cr (up 530% YoY) for FY 2023.
Revenue · FY 2023
₹1.17 Cr ▲ 530%
Net loss · FY 2023
₹46.36 Lakh margin -39.6%
EBITDA · FY 2023
-₹46.24 Lakh margin -39.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 530%
3 years · compounded
▲ 113%
5 years · compounded
▲ 103%
EBITDA CAGR growth
3 years · compounded
▼ 398%
5 years · compounded
▼ 160%
Revenue has grown at a compounded annual rate (CAGR) of 103% over five years, including 530% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹46.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹46.36 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39.5% | ||||
| Net Profit Margin | -39.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Lyra Grow Up Solution Private Limited, buy the company report.
Board of directors of Lyra Grow Up Solution Private Limited
Lyra Grow Up Solution has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Mashi | Director | 21 Oct 2016 | 10 Years 0 Months | Current |
| Rinki Mashi | Additional Director | 15 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Lyra Grow Up Solution Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (General Insurance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Claycove23 Insurance Tech Private Limited | ₹1.28 Cr (FY 2025) | 60.0% | Mumbai, Maharashtra, India | |||
| Sapient Insurance Surveyors and Loss Assessors Private Limited | ₹1.21 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Lyra Grow Up Solution Private Limitedthis company | ₹1.17 Cr (FY 2023) | -₹46.36 Lakh | -39.6% | 530.0% | Faridabad, Haryana, India | |
| Medplus Insurance Brokers Private Limited | ₹1.16 Cr (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| Finkai Insurance Broking Services Private Limited | ₹1.01 Cr (FY 2025) | 18.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Lyra Grow Up Solution Private Limited, buy the company report.
Auditor
Lyra Grow Up Solution Private Limited is audited by MANISH BHATIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH BHATIA & CO. | FY 2023 | 509699 |
Shareholding
The shareholding of Lyra Grow Up Solution Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lyra Grow Up Solution Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lyra Grow Up Solution 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 Lyra Grow Up Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Lyra Grow Up Solution Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lyra Grow Up Solution Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: David Mashi ceased to be Additional Director on 28 Mar 2023.
AGM
Lyra Grow Up Solution Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Lyra Grow Up Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Ceased
David Mashi ceased to be Additional Director.
Ceased
Rambir ceased to be Director.
Appointed
Rinki Mashi was appointed as Additional Director.
Appointed
Rahul Mashi was appointed as Director.
Incorporation
21 Oct 2016
Lyra Grow Up Solution Private Limited was registered on 21 Oct 2016 with Roc Delhi & aged 10 years 5 days as per MCA records.
Frequently asked questions
Lyra Grow Up Solution is an active private limited company based in Faridabad, Haryana, India. The company works in general insurance providers, within the financial services industry. It was incorporated on 21 October 2016 (10+ years old) and is registered under CIN U74999HR2016PTC066177.
Lyra Grow Up Solution has 2 current directors:
- Rahul Mashi - Director
- Rinki Mashi - Additional Director
The latest financial statements of Lyra Grow Up Solution on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Lyra Grow Up Solution is U74999HR2016PTC066177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lyra Grow Up Solution was incorporated on 21 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Lyra Grow Up Solution by revenue are Claycove23 Insurance Tech Private Limited, Sapient Insurance Surveyors and Loss Assessors Private Limited, Medplus Insurance Brokers Private Limited, Finkai Insurance Broking Services Private Limited, all in the BFSI industry (General Insurance), with the same principal business activity (other financial activities).
David Mashi ceased to be Additional Director on 28 Mar 2023. Rambir ceased to be Director on 15 Dec 2021. Rinki Mashi was appointed as Additional Director on 15 Dec 2021. Lyra Grow Up Solution has 4 board changes on record in total.
Yes, Lyra Grow Up Solution is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-03-0026920).
Lyra Grow Up Solution can be reached through the website lyragrowupsolution.com. Its registered office is in Faridabad, Haryana, India.
The registered office of Lyra Grow Up Solution is at NH 540 Ist Floor Neelam Railway Road, Faridabad, Haryana, India – 121001.
Lyra Grow Up Solution operates in the financial services industry, in the general insurance providers segment.