Latest It Solutions Limited

IT company providing customized solutions for businesses, government agencies, and non-profits.

2005 | Faridabad, Haryana (India) | Active
Last Updated: December 31, 2024

Latest It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.80 Cr
  • Paid Up Capital ₹ 1.26 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 838.00 Cr
  • Satisfied Charges ₹ 825.30 Cr
  • Revenue Growth -68.92%
  • Profit Growth -4.20%
  • Ebitda 3.12%
  • Net Worth -20.60%
  • Total Assets 0.68%

About Latest It Solutions

Latest It Solutions Limited (LISL) is a Public Limited Indian Non-Government Company incorporated in India on 04 March 2005 and has a history of 19 years and 11 months. Its registered office is in Faridabad, Haryana, India.

The Corporate was formerly known as Srs It Solutions Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2016. It's a company limited by shares with an authorized capital of Rs 1.80 Cr and a paid-up capital of Rs 1.26 Cr.

The company currently has active open charges totaling ₹838.00 Cr. The company has closed loans amounting to ₹825.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rattan Singh, Balraj, and Satish serve as directors at the Company.

Company Details

  • Location

    Faridabad, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72000HR2005PLC048263

  • Company No.

    048263

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 2005

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services
Information Technology

Who are the key members and board of directors at Latest It Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Rattan Singh Country flag representing In Director 23-Aug-2016Current
Balraj Country flag representing In Director 23-Aug-2016Current
Satish Country flag representing In Whole-Time Director 23-Aug-2016Current

Financial Performance of Latest It Solutions.

Latest It Solutions Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 68.92% decrease. The company also saw a slight decrease in profitability, with a 4.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.6%.

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
-68.92%
Revenue from Operations
-78.54%
Total Assets
0.68%
Profit or Loss
-4.20%
Net Worth
-20.60%
EBITDA
3.12%

What is the Ownership and Shareholding Structure of Latest It Solutions?

In 2016, Latest It Solutions had a promoter holding of 3.32% and a public holding of 96.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹838.00 Cr

Satisfied Charges

₹825.30 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India ( Lead Bank ) : 825.00 Cr
  • State Bank Of India : 10.00 Cr
  • Others : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jul 2016Others₹3.00 CrOpen
30 May 2011State Bank Of India ( Lead Bank )₹825.00 CrOpen
24 Mar 2011State Bank Of India₹10.00 CrOpen
27 Dec 2013Bank Of India₹37.50 CrSatisfied
30 Nov 2013Union Bank Of India₹100.00 CrSatisfied

How Many Employees Work at Latest It Solutions?

Unlock and access historical data on people associated with Latest It Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Latest It Solutions, 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 Latest It Solutions'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 Latest It Solutions

Recent activity within the organization

  • Annual General Meeting

    Latest It Solutions Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Director Appointment

    Rattan Singh was appointed as a Director was appointed as a Director on 23 Aug 2016 & has been associated with this company since 8 years 5 months .

    23 Aug 2016

  • Director Appointment

    Balraj was appointed as a Director was appointed as a Director on 23 Aug 2016 & has been associated with this company since 8 years 5 months .

    23 Aug 2016

  • Director Appointment

    Satish was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Aug 2016 & has been associated with this company since 8 years 5 months .

    23 Aug 2016

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100041278 was registered on 11 Jul 2016.

    11 Jul 2016

  • Balance Sheet

    Latest It Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Delhi.

    31 Mar 2016

Frequently asked questions

  • Latest It Solutions Limited was incorporated on 04 Mar 2005.

  • The authorized share capital of Latest It Solutions Limited is ₹ 1.80 Cr and paid-up capital is ₹ 1.26 Cr.

  • Currently 3 directors are associated with Latest It Solutions Limited.

    • Rattan Singh
    • Balraj
    • Satish
  • As per Ministry of Corporate Affairs (Mca), the registered address of Latest It Solutions Limited is Srs Tower Unit No. 713 7Th Floor Near Metro Station Mewla Maharajpur, G.T . Road India, Faridabad, Haryana, 121003.

  • The corporate identification number (CIN) of Latest It Solutions Limited is U72000HR2005PLC048263 and the company number is 048263 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Latest It Solutions Limited has fallen by -68.92%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Latest It Solutions Limited has experienced an downturn of -20.60%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Latest It Solutions Limited amount to ₹ 838.00 Cr.

  • The most recent Balance Sheet for Latest It Solutions Limited was filed with the ROC on 31 Mar 2016.

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