Launch It Enterprise Development Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 23-06-2024
- Paid Up Capital ₹ 0.50 M
as on 23-06-2024
- Company Age 10 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Revenue 11.44%
(FY 2022)
- Profit 2.93%
(FY 2022)
- Ebitda -6.20%
(FY 2022)
- Net Worth 26.55%
(FY 2022)
- Total Assets 21.57%
(FY 2022)
About Launch It Enterprise Development
The Company is engaged in the Information Technology 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 1.00 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.
Lakshminarayanan Srinivasan, Hiram Houghton, and Subramaniam Sundaram serve as directors at the Company.
- CIN/LLPIN
U72300TN2014PTC097226
- Company No.
097226
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Sep 2014
- Date of AGM
24 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Launch It Enterprise Development?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lakshminarayanan Srinivasan  | Director | 05-Sep-2014 | Current |
| Hiram Houghton | Director | 05-Sep-2014 | Current |
Subramaniam Sundaram  | Director | 05-Sep-2014 | Current |
Financial Performance of Launch It Enterprise Development.
Launch It Enterprise Development Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11.44% increase. The company also saw a slight improvement in profitability, with a 2.93% increase in profit. The company's net worth Soared by an impressive increase of 26.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Launch It Enterprise Development?
In 2020, Launch It Enterprise Development had a promoter holding of 95.00% and a public holding of 5.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Igrid Consulting Solutions Private LimitedActive 15 years 4 monthsSubramaniam Sundaram is a mutual person
Greater India Technical Services Private LimitedActive 2 years 2 monthsLakshminarayanan Srinivasan and Subramaniam Sundaram are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Launch It Enterprise Development?
Launch It Enterprise Development has a workforce of 22 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Launch It Enterprise Development, 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 Launch It Enterprise Development's trajectory.
Rating
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
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.
