Purpose Legal Private Limited

Provides legal support and solutions to US-based company.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 14, 2024

Purpose Legal Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 12.66%
  • Profit Growth 26.52%
  • Ebitda 22.14%
  • Net Worth 50.87%
  • Total Assets 25.52%

About Purpose Legal

Purpose Legal Private Limited (PLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 June 2007 and has a history of 17 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Eric Weiner, Vijay Narayanaswamy, and Chandar Nithya serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74110TN2007PTC063777

  • Company No.

    063777

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jun 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

What products or services does Purpose Legal Private Limited offer?

Purpose Legal Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Legal Drafting Services, Contract Management Service, BPO Operations and Services, BPO Services, Data Management, Document Verification Service, Turnkey Solutions, Technology Solution Provider.

Who are the key members and board of directors at Purpose Legal?

Board Members (3)

NameDesignationAppointment DateStatus
Eric Weiner Country flag representing Us Director 01-Feb-2022Current
Vijay Narayanaswamy Country flag representing In Director 15-Mar-2023Current
Chandar Nithya Country flag representing In Director 15-Mar-2023Current

Financial Performance of Purpose Legal.

Purpose Legal Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 12.66% increase. The company also saw a substantial improvement in profitability, with a 26.52% increase in profit. The company's net worth Soared by an impressive increase of 50.87%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
12.66%
Revenue from Operations
11.10%
Total Assets
25.52%
Profit or Loss
26.52%
Net Worth
50.87%
EBITDA
22.14%

What is the Ownership and Shareholding Structure of Purpose Legal?

In 2022, Purpose Legal had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Purpose Legal?

Purpose Legal has a workforce of 76 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Purpose Legal, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Purpose Legal's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Purpose Legal

Recent activity within the organization

  • Annual General Meeting

    Purpose Legal Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Purpose Legal Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Vijay Narayanaswamy was appointed as a Director was appointed as a Director on 15 Mar 2023 & has been associated with this company since 1 year 11 months .

    15 Mar 2023

  • Director Appointment

    Chandar Nithya was appointed as a Director was appointed as a Director on 15 Mar 2023 & has been associated with this company since 1 year 11 months .

    15 Mar 2023

  • Director Appointment

    Eric Harris Weiner was appointed as a Director was appointed as a Director on 01 Feb 2022 & has been associated with this company since 3 years 23 days .

    01 Feb 2022

  • Company Incorporation

    Purpose Legal Private Limited was registered on 05 Jun 2007 with Roc Chennai & aged 17 years 8 months as per MCA records.

    05 Jun 2007

Frequently asked questions

  • Purpose Legal Private Limited was incorporated on 05 Jun 2007.

  • The authorized share capital of Purpose Legal Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Purpose Legal Private Limited.

    • Eric Harris Weiner
    • Vijay Narayanaswamy
    • Chandar Nithya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Purpose Legal Private Limited is 1St Floor Ascendas International Tech Park Taramani -Csir Road, India, Chennai, Tamil Nadu, 600113.

  • The corporate identification number (CIN) of Purpose Legal Private Limited is U74110TN2007PTC063777 and the company number is 063777 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Purpose Legal Private Limited is https://www.cobralegalsolutions.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Purpose Legal Private Limited has risen by 12.66%.

  • As Per 2022 financial reports, 76 employees are currently employed by Purpose Legal Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Purpose Legal Private Limited has experienced an upsurge of 50.87%.

  • The most recent Balance Sheet for Purpose Legal Private Limited was filed with the ROC on 31 Mar 2024.

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