Lateral Praxis - Company overview

Lateral Praxis (legal name: Innoterra Bioscience Private Limited) is an MCA-registered Indian company: a Private Limited Indian Non-Governme…

2010-07-02 Mumbai, Maharashtra Active Unlisted Active Compliant
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LP Lateral Praxis

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1–5 Cr
▼ -40.9%
FY 2023
PROFIT / LOSS
Loss · ₹1–5 Cr
▲ 69.4%
FY 2023
EBITDA
Loss · ₹1–5 Cr
▲ 69.8%
FY 2023
NET WORTH
Loss · ₹10–50 Lakh
▲ 81.2%
FY 2023
TOTAL ASSETS
₹1–5 Cr
▲ 24.8%
FY 2023
OPEN CHARGES
1
-15.00 Lakh
PAID-UP CAPITAL
15.88 cr
AUTHORISED CAPITAL
16.50 cr
COMPANY AGE
16 Years 2 Months
since 2010-07-02
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-22
ACTIVE GST
2
Updated: 2025-07-17 04:41:07
TOTAL MONEY RAISED
₹10–25 Cr
SATISFIED CHARGES
1
15.00 Lakh

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.

Vendor Trust Score Moderate
65/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (100), financial health (5), director (75) and company-foundation signals.
  • Operating for 16+ years.
Compliance Score Low risk
100/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Annual filings up to date (balance sheet as of Mar 2025).
Financial Health Score High risk
5/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
75/100
Board strength, DIN status and churn.
  • 4 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Lateral Praxis Company identity, industry, contact, and registration details from MCA and company records.

Lateral Praxis (legal name: Innoterra Bioscience Private Limited) is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U20211MH2010PTC205170). Business overview includes Information Technology (IT Consulting & Support Services), incorporated on July 02, 2010 (16+ years old), based in Mumbai. The company is currently Active with Active Compliant compliance status. Public MCA filings list 4 current director record(s) on this profile.

Information Technology ••••••••
  • Location Unit 801-802, 8Th Floor, Tower 1, One International Center,, Mumbai, Maharashtra - 400013
  • Website innoterra.com
Name History
Legal NameInnoterra Bioscience Private Limited
CIN / LLPINU20211MH2010PTC205170
Company No.205170
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2010-07-02
Date of AGM2025-09-22
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Lateral Praxis (4) Current board members from MCA filings, including designation and appointment details.

K
Director | Since 2024-07-12 | DIN: 09623747
D
Dhanashree Shrinath Bhairi
Company Secretary | Since 2025-03-10 | DHRI*5371E
A
Additional Director | Since 2025-07-30 | DIN: 07549445
S
Additional Director | Since 2025-08-01 | DIN: 11224202

Financial Performance of Lateral Praxis Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹1–5 Cr ▼ -40.9%
P&L Loss · ₹1–5 Cr ▲ 69.4%
EBITDA Loss · ₹1–5 Cr ▲ 69.8%
Net worth Loss · ₹10–50 Lakh ▲ 81.2%

Charges of Lateral Praxis Open and satisfied charges registered against the company with MCA.

Bank Of India : 15.00 Lakh
Open Charges: 1 Satisfied Charges: 1
Open -15.00 Lakh
Satisfied 15.00 Lakh
LenderAmountStatus
Bank Of India
Creation Date: 28 Dec 2011
15.00 Lakh Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationComputer programming, consultancy and related activities100
ManufacturingChemical and chemical products, pharmaceuticals, medicinal chemical and botanical products0

Companies With Common Directors Of Lateral Praxis Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Lateral Praxis Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Shareholding Pattern of Lateral Praxis Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

Employees and EPFO Compliance at Lateral Praxis EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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.

Incorporation documents Annual returns and statements Charge filings Complete filing index
Frequently Asked Questions about Lateral Praxis Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
What is CIN of Lateral Praxis?
The Corporate Identification Number (CIN) for Lateral Praxis is U20211MH2010PTC205170. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 205170 as per MCA.
When was Lateral Praxis incorporated?
Lateral Praxis was incorporated 16 years 2 months ago on 02 Jul 2010.
Who are the current board members and directors of Lateral Praxis?
Lateral Praxis shows 4 current director record(s) in this profile. Open the People tab for names, DIN, and designations.
What is the registered address of Lateral Praxis?
Lateral Praxis is registered in Mumbai, Maharashtra as per MCA records. Full street address is available after unlock.
What is the official website of Lateral Praxis?
The official website of Lateral Praxis is https://innoterra.com.
What is the ROC code of Lateral Praxis?
Lateral Praxis ROC code is Roc Mumbai.
What is the company classification of Lateral Praxis?
Lateral Praxis is classified as Private Limited Indian Non-Government Company.
Lateral Praxis - is it listed or unlisted?
Lateral Praxis is a Unlisted company.
What is the current status of Lateral Praxis?
Lateral Praxis is currently Active and registered in Mumbai, Maharashtra, India.
What industry or business activity is Lateral Praxis associated with?
Lateral Praxis lists activity aligned with: Information Technology - IT Consulting & Support Services - Computer programming, consultancy and related activities. See the Overview and Competition sections for fuller industry context.
Does Lateral Praxis have GST registrations on file?
Lateral Praxis shows 2 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Lateral Praxis?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Lateral Praxis.
How do I contact Lateral Praxis?
Use the official website at https://innoterra.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Lateral Praxis?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Lateral Praxis?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.

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.