Lyra IT Solutions Private Limited
About Lyra IT Solutions Private Limited
Data last updated:
Lyra IT Solutions Private Limited is a private limited company based in Ernakulam, Kerala, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U51506KL2020PTC064170. Its GSTIN is 32AAECL3314R1ZE (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shaiju and Mukkil Sreedharan Praveen.
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 46/1446 Madappattu Road Vennala, Ernakulam, Kerala, India – 682028.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.54 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹55,005 (net margin 8.4%) and EBITDA of ₹1.03 Lakh (EBITDA margin 15.8%).
The company is associated with 1 brand: LYRA IT Solutions. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
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- Registered Address46/1446 Madappattu Road Vennala, Ernakulam, Kerala, India – 682028
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Lyra IT Solutions Private Limited
The main business activity of Lyra IT Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Lyra IT Solutions Private Limited FY 2023 filings available
Lyra IT Solutions Private Limited reported revenue of ₹6.54 Lakh (up 191% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Lyra IT Solutions Private Limited
Revenue rose 191% in the latest year. EBITDA rose 68% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Lyra IT Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| 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 | ₹1.03 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹55,005 | •••• | •••• |
| 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 of Lyra IT Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 15.8% | •••• | •••• |
| Net Profit Margin | 8.4% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Lyra IT Solutions are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Lyra IT Solutions Private Limited
Lyra IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ytt Mob Solutions Private Limited | ₹6.55 Lakh (FY 2015) | •••• | •••• | •••• | Thrissur, Kerala, India | |
| Cgfa Services Private Limited | ₹6.55 Lakh (FY 2024) | •••• | •••• | 278.0% | •••• | Raigarh, Chhattisgarh, India |
| Creature Technologies Private Limited | ₹6.54 Lakh (FY 2018) | •••• | •••• | 160.0% | •••• | Chennai, Tamil Nadu, India |
| Ibull Innovation Technology Private Limited | ₹6.54 Lakh (FY 2024) | •••• | •••• | •••• | Visakhapatnam, Andhra Pradesh, India | |
| Aryan Compusoft Private Limited | ₹6.54 Lakh (FY 2016) | •••• | •••• | 33.0% | •••• | Delhi, India |
| Lyra IT Solutions Private Limited this company | ₹6.54 Lakh (FY 2023) | •••• | •••• | 191.0% | •••• | Ernakulam, Kerala, India |
| Softmind Systems (OPC) Private Limited | ₹6.54 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Kolkata, West Bengal, India |
| Instablish Digital Strategies Private Limited | ₹6.54 Lakh (FY 2019) | •••• | •••• | -1.0% | •••• | Navi Mumbai, Maharashtra, India |
| Vikrav Technologies Private Limited | ₹6.52 Lakh (FY 2017) | •••• | •••• | 297.0% | •••• | Jodhpur, Rajasthan, India |
| S2 Glotech Private Limited | ₹6.52 Lakh (FY 2019) | •••• | •••• | 239.0% | •••• | Coimbatore, Tamil Nadu, India |
| Nian Graphics Private Limited | ₹6.52 Lakh (FY 2023) | •••• | •••• | 362.0% | •••• | Gandhinagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Lyra IT Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Lyra IT Solutions Private Limited
Lyra IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaiju | Director | 27 Jul 2021 | 5 Years 2 Months | Current |
| Mukkil Sreedharan Praveen | Director | 07 Sep 2020 | 6 Years 1 Months | Current |
Ownership and Shareholding of Lyra IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Lyra IT Solutions Private Limited
Lyra IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Lyra IT Solutions Private Limited
Lyra IT Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal complaint | Filed against the company by Pradham Technology Solutions Private Limited | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Lyra IT Solutions Private Limited
Lyra IT Solutions operates one associated brand: LYRA IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers end-to-end solutions using advanced software and web technologies. | lyraitsolutions.com |
Employees and EPFO Compliance at Lyra IT Solutions Private Limited
Lyra IT Solutions Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Lyra IT Solutions Private Limited
Lyra IT Solutions Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Abhilash Babu ceased to be Director on 10 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Lyra IT Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Lyra IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Lyra IT Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Lyra IT Solutions Private Limited
Lyra IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECL3314R1ZE | Kerala | Active | 02 Nov 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Lyra IT Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Lyra IT Solutions Private Limited
Lyra IT Solutions is an active private limited company based in Ernakulam, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 September 2020 (6+ years old) and is registered under CIN U51506KL2020PTC064170.
Lyra IT Solutions reported revenue of ₹6.54 Lakh for FY 2023 (up 191% YoY).
Lyra IT Solutions has 2 current directors:
- Shaiju - Director
- Mukkil Sreedharan Praveen - Director
Lyra IT Solutions reported a net profit of ₹55,005 (net margin 8.4%) and EBITDA of ₹1.03 Lakh (EBITDA margin 15.8%) for FY 2023, as per its filed financial statements.
The GSTIN of Lyra IT Solutions is 32AAECL3314R1ZE, registered in Kerala.
The CIN (Corporate Identification Number) of Lyra IT Solutions is U51506KL2020PTC064170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lyra IT Solutions has 2 court cases on record: 2 filed against it. 2 are pending.
Lyra IT Solutions was incorporated on 07 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Lyra IT Solutions by revenue are Ytt Mob Solutions Private Limited, Cgfa Services Private Limited, Creature Technologies Private Limited, Ibull Innovation Technology Private Limited, Aryan Compusoft Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Abhilash Babu ceased to be Director on 10 Nov 2021. Shaiju was appointed as Director on 27 Jul 2021. Mukkil Sreedharan Praveen was appointed as Director on 07 Sep 2020.
Yes, Lyra IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).