Leap247 Finnovations Private Limited

IT solutions and software development company providing training, installation, and maintenance services.

2020 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 06, 2024

Leap247 Finnovations Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.14 M
  • Company Age 4 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 62.34%
  • Profit Growth -377.06%
  • Ebitda -512.37%
  • Net Worth -58.38%
  • Total Assets -64.23%

About Leap247 Finnovations

Leap247 Finnovations Private Limited (LFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 11 July 2020 (Four years and six months 28 days old ). 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.14 M, as per Ministry of Corporate Affairs (MCA) records.

Kumar Srivatsan and Kumar Srikanthan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900TN2020PTC136306

  • Company No.

    136306

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Leap247 Finnovations?

Board Members (2)

Name Designation Appointment Date Status
Kumar Srivatsan Country flag representing In Director 11-Jul-2020 Current
Kumar Srikanthan Country flag representing In Director 11-Jul-2020 Current

Financial Performance of Leap247 Finnovations.

Leap247 Finnovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.34% increase. The company also saw a substantial fall in profitability, with a 377.06% decrease in profit. The company's net worth observed a substantial decline by a decrease of 58.38%.

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
62.34%
Revenue from Operations
Total Assets
-64.23%
Profit or Loss
-377.06%
Net Worth
-58.38%
EBITDA
-512.37%

What is the Ownership and Shareholding Structure of Leap247 Finnovations?

In 2023, Leap247 Finnovations had a public holding of 27.00%. 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 Leap247 Finnovations?

Leap247 Finnovations has a workforce of 21 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 Leap247 Finnovations, 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 Leap247 Finnovations'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 Leap247 Finnovations

Recent activity within the organization

  • Annual General Meeting

    Leap247 Finnovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Leap247 Finnovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Kumar Srivatsan was appointed as a Director was appointed as a Director on 11 Jul 2020 & has been associated with this company since 4 years 6 months .

    11 Jul 2020

  • Director Appointment

    Kumar Srikanthan was appointed as a Director was appointed as a Director on 11 Jul 2020 & has been associated with this company since 4 years 6 months .

    11 Jul 2020

  • Company Incorporation

    Leap247 Finnovations Private Limited was registered on 11 Jul 2020 with Roc Chennai & aged 4 years 6 months as per MCA records.

    11 Jul 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Leap247 Finnovations Private Limited was incorporated on 11 Jul 2020.

  • The authorized share capital of Leap247 Finnovations Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.14 M.

  • Currently 2 directors are associated with Leap247 Finnovations Private Limited.

    • Kumar Srivatsan
    • Kumar Srikanthan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Leap247 Finnovations Private Limited is Raamsree New No 20 Old 13 Sadullah Street, T.Nagar India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Leap247 Finnovations Private Limited is U72900TN2020PTC136306 and the company number is 136306 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Leap247 Finnovations Private Limited is https://www.fego.ai

  • According to the financial reports for the fiscal year 2023, the revenue trend for Leap247 Finnovations Private Limited has risen by 62.34%.

  • As Per 2023 financial reports, 21 employees are currently employed by Leap247 Finnovations Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Leap247 Finnovations Private Limited has experienced an downturn of -58.38%.

  • The most recent Balance Sheet for Leap247 Finnovations Private Limited was filed with the ROC on 31 Mar 2023.