Launch It Enterprise Development Private Limited

Develops and maintains software for internet and e-commerce applications.

2014 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 27, 2024

Launch It Enterprise Development Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 11.44%
  • Profit Growth 2.93%
  • Ebitda -6.20%
  • Net Worth 26.55%
  • Total Assets 21.57%

About Launch It Enterprise Development

Launch It Enterprise Development Private Limited (LIEDPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 September 2014 and has a history of Ten years and five months. Its registered office is in Chennai, Tamil Nadu, India.

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 2024. 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.

Subramaniam Sundaram, Hiram Houghton, and Lakshminarayanan Srinivasan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    launchitcorp.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72300TN2014PTC097226

  • Company No.

    097226

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Launch It Enterprise Development?

Board Members (3)

Name Designation Appointment Date Status
Lakshminarayanan Srinivasan Country flag representing Us Director 05-Sep-2014 Current
Subramaniam Sundaram Country flag representing In Director 05-Sep-2014 Current
Hiram Houghton Country flag representing Us 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%.

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
11.44%
Revenue from Operations
10.59%
Total Assets
21.57%
Profit or Loss
2.93%
Net Worth
26.55%
EBITDA
-6.20%

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.

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 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Launch It Enterprise Development

Recent activity within the organization

  • Annual General Meeting

    Launch It Enterprise Development Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Launch It Enterprise Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Subramaniam Sundaram was appointed as a Director was appointed as a Director on 05 Sep 2014 & has been associated with this company since 10 years 5 months .

    05 Sep 2014

  • Director Appointment

    Hiram Cole Houghton was appointed as a Director was appointed as a Director on 05 Sep 2014 & has been associated with this company since 10 years 5 months .

    05 Sep 2014

  • Director Appointment

    Lakshminarayanan Srinivasan was appointed as a Director was appointed as a Director on 05 Sep 2014 & has been associated with this company since 10 years 5 months .

    05 Sep 2014

  • Company Incorporation

    Launch It Enterprise Development Private Limited was registered on 05 Sep 2014 with Roc Chennai & aged 10 years 5 months as per MCA records.

    05 Sep 2014

Frequently asked questions

  • Launch It Enterprise Development Private Limited was incorporated on 05 Sep 2014.

  • The authorized share capital of Launch It Enterprise Development Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Launch It Enterprise Development Private Limited.

    • Subramaniam Sundaram
    • Hiram Cole Houghton
    • Lakshminarayanan Srinivasan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Launch It Enterprise Development Private Limited is Third Floor 53/5(23/5) Dr.B. Narasimman Road, T.Nagar India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Launch It Enterprise Development Private Limited is U72300TN2014PTC097226 and the company number is 097226 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Launch It Enterprise Development Private Limited is https://www.launchitcorp.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Launch It Enterprise Development Private Limited has risen by 11.44%.

  • As Per 2022 financial reports, 22 employees are currently employed by Launch It Enterprise Development Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Launch It Enterprise Development Private Limited has experienced an upsurge of 26.55%.

  • The most recent Balance Sheet for Launch It Enterprise Development Private Limited was filed with the ROC on 31 Mar 2024.