Legit Appliances And Electronics Private Limited

Provides a wide range of electrical and electronic appliances and gadgets.

2019 | Ludhiana, Punjab (India) | Active
Last Updated: July 31, 2024

Legit Appliances And Electronics Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 5 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -25.44%
  • Profit Growth -19.21%
  • Ebitda 23.28%
  • Net Worth -33.87%
  • Total Assets -29.32%

About Legit Appliances And Electronics

Legit Appliances And Electronics Private Limited (LAAEPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 April 2019 (Five years and ten months 3 days old ). Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the E-Commerce 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 1.10 M, as per Ministry of Corporate Affairs (MCA) records.

Suman Goyal, Ishan Goyal, Harmeet Devgun, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U52609PB2019PTC049306

  • Company No.

    049306

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Apr 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

E-Commerce

What products or services does Legit Appliances And Electronics Private Limited offer?

Legit Appliances And Electronics Private Limited offers a wide range of products and services, including Vending Machines & Dispensers, Coffee Machine, Home Appliances & Kitchen Appliances, Electric Irons, Kitchen Appliance, Autoclaves, Sterilizers & Incubators, UV Sterilizer and Lamps.

Who are the key members and board of directors at Legit Appliances And Electronics?

Board Members (4)

Name Designation Appointment Date Status
Ishita Goyal Country flag representing In Director 21-Feb-2020 Current
Suman Goyal Country flag representing In Director 08-Apr-2019 Current
Ishan Goyal Country flag representing In Director 08-Apr-2019 Current
Harmeet Devgun Country flag representing In Whole-Time Director 08-Apr-2019 Current

Financial Performance of Legit Appliances And Electronics.

Legit Appliances And Electronics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.44% decrease. The company also saw a substantial fall in profitability, with a 19.21% decrease in profit. The company's net worth observed a substantial decline by a decrease of 33.87%.

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
-25.44%
Revenue from Operations
-22.11%
Total Assets
-29.32%
Profit or Loss
-19.21%
Net Worth
-33.87%
EBITDA
23.28%

What is the Ownership and Shareholding Structure of Legit Appliances And Electronics?

In 2023, Legit Appliances And Electronics had a promoter holding of 100.00%. 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 Legit Appliances And Electronics?

Unlock and access historical data on people associated with Legit Appliances And Electronics, 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 Legit Appliances And Electronics, 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 Legit Appliances And Electronics'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 Legit Appliances And Electronics

Recent activity within the organization

  • Annual General Meeting

    Legit Appliances And Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Legit Appliances And Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Ishita Goyal was appointed as a Director was appointed as a Director on 21 Feb 2020 & has been associated with this company since 4 years 11 months .

    21 Feb 2020

  • Director Appointment

    Suman Goyal was appointed as a Director was appointed as a Director on 08 Apr 2019 & has been associated with this company since 5 years 10 months .

    08 Apr 2019

  • Director Appointment

    Ishan Goyal was appointed as a Director was appointed as a Director on 08 Apr 2019 & has been associated with this company since 5 years 10 months .

    08 Apr 2019

  • Director Appointment

    Harmeet Singh Devgun was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 08 Apr 2019 & has been associated with this company since 5 years 10 months .

    08 Apr 2019

Frequently asked questions

  • Legit Appliances And Electronics Private Limited was incorporated on 08 Apr 2019.

  • The authorized share capital of Legit Appliances And Electronics Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.10 M.

  • Currently 4 directors are associated with Legit Appliances And Electronics Private Limited.

    • Suman Goyal
    • Ishan Goyal
    • Harmeet Singh Devgun
    • Ishita Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Legit Appliances And Electronics Private Limited is Bxxx-57 Opp Hero Cycle G.T.Road, Ludhiana, Punjab, India, 141010.

  • The corporate identification number (CIN) of Legit Appliances And Electronics Private Limited is U52609PB2019PTC049306 and the company number is 049306 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Legit Appliances And Electronics Private Limited is https://www.legitappliances.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Legit Appliances And Electronics Private Limited has fallen by -25.44%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Legit Appliances And Electronics Private Limited has experienced an downturn of -33.87%.

  • The most recent Balance Sheet for Legit Appliances And Electronics Private Limited was filed with the ROC on 31 Mar 2023.