Lakshanya Ventures Private Limited
About Lakshanya Ventures Private Limited
Data last updated:
Lakshanya Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 01 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45100KA2001PTC029717. Its GSTIN is 29AABCE1215D1Z8 (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.63 Cr. It was formerly known as Encarta Pharma Private Limited and Lakshanya Venture Private Limited. It is led by directors including Ganesh Ramanand Nayak and Girish Maheshwarappa.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.21 Shristi 24th Main 15th Cross Jp Nagar 6th Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2023, the company reported a revenue of ₹270.58 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹18.92 Cr (net margin 7%) and EBITDA of ₹30.92 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹77.29 Cr and satisfied charges of ₹5 Lakh on record. Court records list 130 cases involving the company, including 81 filed by the company and 49 filed against it; 2 cases are pending. The company has 13 deals on record (5 secondary share transfers, 5 funding rounds, 3 rights issues), with disclosed funding of ₹3.55 Cr; the latest was in February 2021.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Lakshanya Ventures has undergone 2 name changes throughout its history. The company was previously known as Encarta Pharma Private Limited, and Lakshanya Venture Private Limited. The current legal name is Lakshanya Ventures Private Limited.
| Company Name | Status |
|---|---|
| Lakshanya Ventures Private Limited | Current |
| Encarta Pharma Private Limited | Previous |
| Lakshanya Venture Private Limited | Previous |
CIN history
Lakshanya Ventures has one previous CIN (Corporate Identification Number): U51397KA2001PTC029717. The current CIN is U45100KA2001PTC029717, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100KA2001PTC029717 | Current |
| U51397KA2001PTC029717 | Previous |
Contact details
Lakshanya Ventures Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.21 Shristi 24th Main 15th Cross Jp Nagar 6th Phase, Bangalore, Karnataka, India – 560078
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Lakshanya Ventures 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
Financials of Lakshanya Ventures Private Limited
FY 2024 filings availableLakshanya Ventures Private Limited reported revenue of ₹270.58 Cr (down 35% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 26% 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 | ₹270.58 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹30.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.92 Cr | ||||
| 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 | 11.4% | ||||
| Net Profit Margin | 7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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To see the full financial statements and ratios of Lakshanya Ventures Private Limited, buy the company report.
Board of directors of Lakshanya Ventures Private Limited
Lakshanya Ventures has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Ramanand Nayak | Director | 01 Nov 2001 | 25 Years 0 Months | Current |
| Girish Maheshwarappa | Director | 01 Nov 2001 | 25 Years 0 Months | Current |
| Sharath Sanjeeva Shetty | Director | 28 Oct 2010 | 16 Years 0 Months | Current |
| Pichamutal Keerthan Premsagar | Director | 01 Nov 2001 | 25 Years 0 Months | Current |
Auditor
Lakshanya Ventures Private Limited is audited by E S JAGANNATHAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E S JAGANNATHAM & ASSOCIATES | FY 2023 | 006125S |
Shareholding
The shareholding of Lakshanya Ventures 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lakshanya Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2006 | 10055812 | State Bank of India | ₹77.19 Cr | Open | |
| 14 Aug 2004 | 90192854 | The Karnataka Bank Limited | ₹10 Lakh | Open | |
| 17 Dec 2005 | 80065685 | The Karnataka Bank Limited | ₹5 Lakh | Satisfied |
To see the full charge records of Lakshanya Ventures Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Lakshanya Ventures Private Limited has 13 deals on record (5 secondary share transfers, 5 funding rounds, 3 rights issues), with disclosed funding of ₹3.55 Cr; the latest was in February 2021.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2018 | Rights issue | ₹1 Cr | Investors: 4 individuals |
| Mar 2018 | Funding round | ₹2.1 Cr | Investors: 4 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Lakshanya Ventures Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lakshanya Ventures Private Limited has 130 court cases on record: 81 filed by Lakshanya Ventures, 49 filed against it. 2 cases are pending and 128 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 96 | 46 | 2 |
| High courts | 34 | 3 | 0 |
Cases on record (5 of 130)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against M/S Srinivasa Cardiology Centre Private Limited and 1 other | Disposed |
| High Court, HARYANA | Arbitration matter | Filed against the company by M/S Yatra Online Private Limited | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by M/S Richcore Lifesciences Pvt Ltd | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against Vikram Hospital Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Richcore Lifesciences Pvt Ltd., | Disposed |
To see the full case history of Lakshanya Ventures 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 Lakshanya Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lakshanya Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCE1215D1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lakshanya Ventures Private Limited, buy the company report.
Recent activity
Lakshanya Ventures Private Limited has 8 board changes on record since 2001: 6 appointments and 2 cessations. The latest: Chetan Vidyasagar Pichamuthu ceased to be Director on 19 Aug 2017.
5 earlier events are in the company report.
Frequently asked questions
Lakshanya Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 01 November 2001 (25+ years old) and is registered under CIN U45100KA2001PTC029717.
Lakshanya Ventures has 4 current directors:
- Ganesh Ramanand Nayak - Director
- Girish Maheshwarappa - Director
- Sharath Sanjeeva Shetty - Director
- Pichamutal Keerthan Premsagar - Director
The latest financial statements of Lakshanya Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lakshanya Ventures is 29AABCE1215D1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Lakshanya Ventures is U45100KA2001PTC029717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lakshanya Ventures has 130 court cases on record: 81 filed by the company and 49 filed against it. 2 are pending. Most are in the district courts.
Lakshanya Ventures was incorporated on 01 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Lakshanya Ventures has 13 deals on record (5 secondary share transfers, 5 funding rounds, 3 rights issues), with disclosed funding of ₹3.55 Cr; the latest was in February 2021.
Chetan Vidyasagar Pichamuthu ceased to be Director on 19 Aug 2017. Maheswarappa Suresh ceased to be Director on 19 Aug 2017. Chetan Vidyasagar Pichamuthu was appointed as Director on 28 Oct 2010. Lakshanya Ventures has 8 board changes on record in total.
The registered office of Lakshanya Ventures is at No.21 Shristi 24th Main 15th Cross Jp Nagar 6th Phase, Bangalore, Karnataka, India – 560078.
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