Laundry Labs India Private Limited

Provides dry-cleaning, laundry, ironing, and bedding services to residential and commercial clients.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Laundry Labs India Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.38 M
  • Company Age 6 Year, 18 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.22 Cr
  • Satisfied Charges ₹ 6.65 M
  • Revenue Growth 74.79%
  • Profit Growth -47.51%
  • Ebitda 126.35%
  • Net Worth 3.49%
  • Total Assets 80.66%

About Laundry Labs India

Laundry Labs India Private Limited (LLIPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 January 2019 (Six years 18 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Services 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 6.00 M and a paid-up capital of Rs 5.38 M.

The company currently has active open charges totaling ₹5.22 Cr. The company has closed loans amounting to ₹6.65 M, as per Ministry of Corporate Affairs (MCA) records.

Abhiram Mysore, Kavitha Kariappa, and Hosavagalu Naveenkumar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2019PTC120663

  • Company No.

    120663

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Services

Who are the key members and board of directors at Laundry Labs India?

Board Members (3)

Name Designation Appointment Date Status
Abhiram Mysore Country flag representing In Director 22-Jan-2019 Current
Kavitha Kariappa Country flag representing In Director 28-Dec-2022 Current
Hosavagalu Naveenkumar Country flag representing In Director 12-Jul-2022 Current

Financial Performance of Laundry Labs India.

Laundry Labs India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 74.79% increase. The company also saw a substantial fall in profitability, with a 47.51% decrease in profit. The company's net worth moved up by a moderate rise of 3.49%.

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
74.79%
Revenue from Operations
80.53%
Total Assets
80.66%
Profit or Loss
-47.51%
Net Worth
3.49%
EBITDA
126.35%

What is the Ownership and Shareholding Structure of Laundry Labs India?

In 2023, Laundry Labs India had a promoter holding of 30.20% and a public holding of 69.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹52.20 M

Satisfied Charges

₹6.65 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 4.86 Cr
  • Hdfc Bank Limited : 0.37 Cr

Latest Charge Details

Date Lender Amount Status
25 Jan 2024 Canara Bank ₹2.12 M Open
19 Apr 2023 Canara Bank ₹4.64 Cr Open
27 Jan 2023 Hdfc Bank Limited ₹3.65 M Open
11 Sep 2020 Others ₹6.65 M Satisfied

How Many Employees Work at Laundry Labs India?

Unlock and access historical data on people associated with Laundry Labs India, 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 Laundry Labs 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 Laundry Labs 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 Laundry Labs India

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 46.43 M registered on 19 Apr 2023 with Charge ID 100795195 was modified on 03 Aug 2024.

    03 Aug 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 2.12 M with Charge ID 100866812 was registered on 25 Jan 2024.

    25 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 46.43 M with Charge ID 100795195 was registered on 19 Apr 2023.

    19 Apr 2023

  • Balance Sheet

    Laundry Labs 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 registered on 11 Sep 2020 via Charge ID 100373149 with Others was fully satisfied on 09 Feb 2023.

    09 Feb 2023

Frequently asked questions

  • Laundry Labs India Private Limited was incorporated on 22 Jan 2019.

  • The authorized share capital of Laundry Labs India Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.38 M.

  • Currently 3 directors are associated with Laundry Labs India Private Limited.

    • Abhiram Bhaskar Mysore
    • Kavitha Kariappa
    • Hosavagalu Venkatasetty Naveenkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laundry Labs India Private Limited is No 74/2A Ground Floor K R Garden Koramangala 8Th Block, Opp Nddb India, Bangalore, Karnataka, 560095.

  • The corporate identification number (CIN) of Laundry Labs India Private Limited is U74999KA2019PTC120663 and the company number is 120663 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Laundry Labs India Private Limited is https://www.laundrylabs.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Laundry Labs India Private Limited has risen by 74.79%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Laundry Labs India Private Limited has experienced an upsurge of 3.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Laundry Labs India Private Limited amount to ₹ 5.22 Cr.

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

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