Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.
Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.
Health scores for Lateral Praxis covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.
- Blend of compliance (88), financial health (5), director (85) and company-foundation signals.
- Operating for 16+ years.
- Company status is Active as per MCA.
- Last balance sheet filed for Mar 2025 - slightly behind.
- Loss-making in FY 2023.
- Negative net worth - capital eroded by losses.
- 4 directors on the board.
- No disqualified or deactivated DINs on the current board.
About Lateral Praxis Company identity, industry, contact, and registration details from MCA and company records.
Lateral Praxis was incorporated on 2 July 2010 and is registered with ROC Mumbai. It is an active private limited company, now about 16 years old. The registered office is at Unit 801-802, 8Th Floor, Tower 1, One International Center, Mumbai, Maharashtra. Earlier names on record include Innoterra Tech India Private Limited and Lateral Praxis (India) Private Limited.
In its MCA filings the main business is listed as computer programming, consultancy and related activities, which made up 100% of turnover.
It has four directors: Kasinathan Krishna Kumar Avinash, Dhanashree Shrinath Bhairi, Ankur Tripathi and Shubhda Nautiyal. The longest-serving is Kasinathan Krishna Kumar Avinash, on the board since 2024; the most recent to join is Shubhda Nautiyal, appointed in August 2025. 14 former directors are on record; the most recent to leave was Satyajit Sarna in May 2024.
₹15.88 crore of its ₹16.5 crore authorised capital is paid up (about 96%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 22 September 2025. The one charge registered against it has been satisfied, so no secured loan is open.
- Location Unit 801-802, 8Th Floor, Tower 1, One International Center,, Mumbai, Maharashtra - 400013
- Website innoterra.com
Current Directors of Lateral Praxis (4) Current board members from MCA filings, including designation and appointment details.
Financial Performance of Lateral Praxis Bands and Low / Medium / High trend shape. Exact figures unlock with your report.
Charges of Lateral Praxis Open and satisfied charges registered against the company with MCA.
| Lender | Amount | Status |
|---|---|---|
|
Bank Of India
Creation Date: 28 Dec 2011 |
15.00 Lakh | Closed |
Business Activity Principal business activity and turnover mix from MCA filings.
| Activity Group | Description | Turnover % |
|---|---|---|
| Information and communication | Computer programming, consultancy and related activities | 100 |
| Manufacturing | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | 0 |
Financial Ratios of Lateral Praxis Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.
Profitability, leverage and liquidity ratios require an active report plan.
Employees and EPFO Compliance at Lateral Praxis EPFO establishments, contributions, and headcount history. Full records unlock with your report.
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
GST Compliance of Lateral Praxis GST registrations and filing status by state. Full compliance detail unlocks with your report.
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
MSME Payment Delays by Lateral Praxis MSME supplier payment delays and filing history. Full amounts unlock with your report.
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
MCA Filings & Documents of Lateral Praxis Official MCA forms, returns, and filing index. Document access unlocks with your report.
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
Who is the owner of Lateral Praxis?
Who are the current board members and directors of Lateral Praxis?
What is CIN of Lateral Praxis?
When was Lateral Praxis incorporated?
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What is the current status of Lateral Praxis?
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What is paid-up capital and authorised share capital of Lateral Praxis?
When did Lateral Praxis last file accounts and hold an AGM?
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Have any directors left Lateral Praxis?
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What is the net worth of Lateral Praxis?
How can I get the financial details of Lateral Praxis?
What is the official website of Lateral Praxis?
Which company owns innoterra.com?
Lateral Praxis - is it listed or unlisted?
What is the ROC code of Lateral Praxis?
What is the company classification of Lateral Praxis?
Does Lateral Praxis have GST registrations on file?
Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.