Labournet Services India Private Limited

Provides career-oriented skill development training in various industries, with certification, placements, and staffing services.

2008 | Bangalore, Karnataka (India) | Active
Last Updated: July 18, 2024

Labournet Services India Profile

Key Indicators

  • Authorised Capital ₹ 32.20 Cr
  • Paid Up Capital ₹ 31.37 Cr
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 57.78 Cr
  • Revenue Growth -7.58%
  • Profit Growth 141.58%
  • Ebitda 31.66%
  • Net Worth 8.86%
  • Total Assets 15.77%

About Labournet Services India

Labournet Services India Private Limited (LSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 May 2008 and has a history of 16 years and nine months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Education Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 32.20 Cr and a paid-up capital of Rs 31.37 Cr.

The company currently has active open charges totaling ₹57.78 Cr.

The Key Managerial Personnel (KMP) at Labournet Services India Private Limited India is Tanya Karamchandani as COMPANY SECRETARY. Mahesh Yagnaraman, Gayathri Vasudevan, Menon Hari, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    labournet.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140KA2008PTC046425

  • Company No.

    046425

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 May 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Education

What products or services does Labournet Services India Private Limited offer?

Labournet Services India Private Limited offers a wide range of products and services, including Certification Services, Welfare Organization Services, Social Services, HR & Manpower Recruitment Solutions, Job Consultation Service, Software Development & IT Consultant, Corporate Mailing Solution, Corporate and Soft Skills Training, Skill Development Services, Personality Development.

Who are the key members and board of directors at Labournet Services India?

Executive Team (1)

NameDesignationAppointment DateStatus
Tanya Karamchandani Country flag representing In Company Secretary29-Mar-2017Current

Board Members (5)

NameDesignationAppointment DateStatus
Rajesh Raveendran Country flag representing In Whole-Time Director 01-Jun-2012Current
Mahesh Yagnaraman Country flag representing In Director 09-Jul-2018Current
Gayathri Vasudevan Country flag representing In Whole-Time Director 22-Dec-2008Current
Menon Hari Country flag representing In Director 11-Feb-2014Current
Arvind Kumar Country flag representing In Nominee Director 10-Jan-2020Current

Financial Performance of Labournet Services India.

Labournet Services India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.58% decrease. The company also saw a substantial improvement in profitability, with a 141.58% increase in profit. The company's net worth moved up by a moderate rise of 8.86%.

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
-7.58%
Revenue from Operations
-6.41%
Total Assets
15.77%
Profit or Loss
141.58%
Net Worth
8.86%
EBITDA
31.66%

What is the Ownership and Shareholding Structure of Labournet Services India?

In 2023, Labournet Services India had a promoter holding of 71.82% and a public holding of 28.19%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹57.78 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 28.48 Cr
  • National Skill Development Corporation : 15.00 Cr
  • Axis Bank Limited : 14.30 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2023Others₹6.00 CrOpen
28 Oct 2021Others₹2.50 CrOpen
14 Dec 2019Others₹2.50 CrOpen
06 Aug 2019Others₹1.00 CrOpen
15 Apr 2019Others₹9.35 MOpen

How Many Employees Work at Labournet Services India?

Labournet Services India has a workforce of 2762 employees as of Apr 08, 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 Labournet Services India, 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 Labournet Services India'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 Labournet Services India

Recent activity within the organization

  • Annual General Meeting

    Labournet Services India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Labournet Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100684487 was registered on 31 Jan 2023.

    31 Jan 2023

  • Charges

    A charge with Others of Rs. 6.75 Cr registered on 27 Aug 2018 with Charge ID 100206248 was modified on 18 Apr 2022.

    18 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100513378 was registered on 28 Oct 2021.

    28 Oct 2021

  • Charges

    A charge with Others of Rs. 6.79 Cr registered on 10 May 2012 with Charge ID 10357260 was modified on 23 Apr 2021.

    23 Apr 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Labournet Services India Private Limited was incorporated on 14 May 2008.

  • The authorized share capital of Labournet Services India Private Limited is ₹ 32.20 Cr and paid-up capital is ₹ 31.37 Cr.

  • Currently 6 directors are associated with Labournet Services India Private Limited.

    • Mahesh Yagnaraman
    • Gayathri Srinath Vasudevan
    • Menon Hari
    • Rajesh Anchiparambil Raveendran
    • Arvind Agarwal Kumar
    • Tanya Karamchandani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Labournet Services India Private Limited is 25/1-4 9Th Cross Marenahallipalya J.P. Nagar 2Nd Phase, Bangalore, Karnataka, India, 560078.

  • The corporate identification number (CIN) of Labournet Services India Private Limited is U74140KA2008PTC046425 and the company number is 046425 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Labournet Services India Private Limited is https://www.labournet.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Labournet Services India Private Limited has fallen by -7.58%.

  • As Per 2023 financial reports, 2762 employees are currently employed by Labournet Services India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Labournet Services India Private Limited has experienced an upsurge of 8.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Labournet Services India Private Limited amount to ₹ 57.78 Cr.

  • The most recent Balance Sheet for Labournet Services India Private Limited was filed with the ROC on 31 Mar 2023.

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