Lendingkart Finance Profile
Key Indicators
- Authorised Capital ₹ 50.73 Cr
- Paid Up Capital ₹ 44.19 Cr
- Company Age 28 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,454.90 Cr
- Satisfied Charges ₹ 3,856.08 Cr
- Revenue Growth 29.06%
- Profit Growth 181.77%
- Ebitda 571.57%
- Net Worth 21.03%
- Total Assets 8.48%
About Lendingkart Finance
Lendingkart Finance Limited (LFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 December 1996 and has a history of 28 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Vld Finance & Securities Ltd. The Company is engaged in the Financial 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 50.73 Cr and a paid-up capital of Rs 44.19 Cr.
The company currently has active open charges totaling ₹2,454.90 Cr. The company has closed loans amounting to ₹3,856.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lendingkart Finance Limited India is Darshil Shah as COMPANY SECRETARY. Anindo Mukherjee, Sreeram Iyer, Raichand Sardarmal, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U65910MH1996PLC258722
- Company No.
258722
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Dec 1996
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does Lendingkart Finance Limited offer?
Lendingkart Finance Limited offers a wide range of products and services, including Banks and Banking Services, Investment Banks, Unsecured Corporate Loans, Home, Auto & Other Loan Services, Business Loan, Asset Backed Loan, Loan Against Property, Loan Service Providers, Small Business Loans, Personal Loan.
Who are the key members and board of directors at Lendingkart Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harshvardhan Lunia  | Managing Director | 13-May-2015 | Current |
| Darshil Shah | Company Secretary | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkateswara Thallapaka | Director | 13-Nov-2019 | Current |
Hong Yeo  | Director | 21-Apr-2019 | Current |
| Anindo Mukherjee | Director | 05-Sep-2018 | Current |
| Sreeram Iyer | Director | 10-Apr-2024 | Current |
| Raichand Sardarmal | Director | 13-May-2015 | Current |
| Pavan Pal | Director | 28-Dec-2022 | Current |
Financial Performance of Lendingkart Finance.
Lendingkart Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.06% increase. The company also saw a substantial improvement in profitability, with a 181.77% increase in profit. The company's net worth Soared by an impressive increase of 21.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lendingkart Finance?
In 2023, Lendingkart Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Stci Primary Dealer LimitedVenkateswara Thallapaka is a mutual person
Mitcon Credentia Trusteeship Services LimitedVenkateswara Thallapaka is a mutual person
Bgse Financials LimitedVenkateswara Thallapaka is a mutual person
Digital Lenders Association Of IndiaHarshvardhan Lunia is a mutual person
Si Creva Capital Services Private LimitedDarshil Shah is a mutual person
West End Investment And Finance Consultancy Pvt LtdVenkateswara Thallapaka is a mutual person
Charges (Loans)
Open Charges
₹2,454.90 Cr
Satisfied Charges
₹3,856.08 Cr
Charges Breakdown by Lending Institutions
- Others : 2224.48 Cr
- State Bank Of India : 65.42 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 60.00 Cr
- Sidbi : 50.00 Cr
- Tata Capital Financial Services Limited : 30.00 Cr
- Others : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2024 | Others | ₹15.00 Cr | Open |
| 28 Jun 2024 | Others | ₹10.00 Cr | Open |
| 28 Jun 2024 | Others | ₹10.00 Cr | Open |
| 27 Jun 2024 | Others | ₹25.00 Cr | Open |
| 06 May 2024 | Others | ₹50.00 Cr | Open |
How Many Employees Work at Lendingkart Finance?
Lendingkart Finance has a workforce of 672 employees as of Mar 29, 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 Lendingkart Finance, 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 Lendingkart Finance'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.
Latest Updates, News, and FAQs on Lendingkart Finance
Recent activity within the organization
- Charges
A charge registered on 29 Jul 2022 via Charge ID 100708331 with Others was fully satisfied on 27 Sep 2024.
- Charges
A charge registered on 06 Jul 2022 via Charge ID 100848480 with Others was fully satisfied on 23 Aug 2024.
- Charges
A charge registered on 26 Feb 2019 via Charge ID 100248585 with Others was fully satisfied on 13 Aug 2024.
- Charges
A charge registered on 04 Feb 2022 via Charge ID 100537414 with Others was fully satisfied on 05 Aug 2024.
- Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100963182 was registered on 31 Jul 2024.
- Charges
A charge registered on 29 Dec 2022 via Charge ID 100663935 with Others was fully satisfied on 30 Jul 2024.
Recent News, Updates & Announcement
- Funding Winter shuts over 35,000 startups in 2023. Will VCs fund tech platforms this year? | Mint.
Indian startup ecosystem faced challenges in 2023 with funding winter intensifying, leading to venture closures. Deal volume and size declined, mega rounds dropped by 70%, and unicorns decreased. Tech startups saw a decline while focus shifted to traditional sectors. .
- COO of Lendingkart Quits After 6 Years to Pursue Entrepreneurial Dreams.
When you've been with a company for 6 years and own only 2.5% stake, it's time to move on and start your own venture. That's what Mukul Sachan did after quitting as COO of Lendingkart. He wants to pursue his interests outside the company and has already started discussions with investors. #TimeForNewBeginnings #EntrepreneurLife #ByeByeLendingkart.
- Lendingkart Bolsters Senior Management with 3 New Executives to Drive Financial Inclusion Vision.
Lendingkart rejigs senior management, appoints 3 new executives to strengthen financial inclusion vision. Sudeep as group CFO, Bratindra as SVP HR, Deepesh as VP new initiatives. Lendingkart aims for growth with experienced team. Sudeep brings 20 years BFSI experience, Bratindra focuses on HR transformation, Deepesh envisions game-changing initiatives. Lendingkart to use technology and data to reach last mile customers. Deepesh previously with CoinTribe, has 11 years of financial services experience..
Frequently asked questions
What is the Incorporation or founding date of Lendingkart Finance Limited?
Lendingkart Finance Limited was incorporated on 26 Dec 1996.
What is authorized share capital and paid-up capital of Lendingkart Finance Limited?
The authorized share capital of Lendingkart Finance Limited is ₹ 50.73 Cr and paid-up capital is ₹ 44.19 Cr.
Who are the current board members & directors of Lendingkart Finance Limited?
Currently 8 directors are associated with Lendingkart Finance Limited.
- Anindo Mukherjee
- Sreeram Ranganathan Iyer
- Raichand Lunia Sardarmal
- Harshvardhan Raichand Lunia
- Venkateswara Rao Thallapaka
- Pavan Kaushal Pal
- Hong Ping Yeo
- Darshil Nirmal Shah
What is the registered address of Lendingkart Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lendingkart Finance Limited is Unit Number Ps 40 And 41 3Rd Floor Birla Centurion Pandurang Budhkar Marg, Worli India, Mumbai, Maharashtra, 400030.
What is the corporate identification number (CIN) and company number of Lendingkart Finance Limited?
The corporate identification number (CIN) of Lendingkart Finance Limited is U65910MH1996PLC258722 and the company number is 258722 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lendingkart Finance Limited?
The Official website of Lendingkart Finance Limited is https://www.lendingkart.com
What has been the recent revenue trend for Lendingkart Finance Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Lendingkart Finance Limited has risen by 29.06%.
How many employees does Lendingkart Finance Limited currently have?
As Per 2023 financial reports, 672 employees are currently employed by Lendingkart Finance Limited.
What change has been observed in the net worth of Lendingkart Finance Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lendingkart Finance Limited has experienced an upsurge of 21.03%.
What are the total open charges for Lendingkart Finance Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Lendingkart Finance Limited amount to ₹ 2,454.90 Cr.
When was the last Balance Sheet of Lendingkart Finance Limited filed with the ROC?
The most recent Balance Sheet for Lendingkart Finance Limited was filed with the ROC on 31 Mar 2023.
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