Lendingkart Technologies Profile
Key Indicators
- Authorised Capital ₹ 4.98 Cr
- Paid Up Capital ₹ 2.97 Cr
- Company Age 10 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 388.50 Cr
- Satisfied Charges ₹ 230.00 Cr
- Revenue Growth -32.11%
- Profit Growth -32.78%
- Ebitda -22.72%
- Net Worth -10.17%
- Total Assets -1.53%
About Lendingkart Technologies
Lendingkart Technologies Private Limited (LTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 December 2014 and has a history of Ten years and three months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Internet 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 4.98 Cr and a paid-up capital of Rs 2.97 Cr.
The company currently has active open charges totaling ₹388.50 Cr. The company has closed loans amounting to ₹230.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lendingkart Technologies Private Limited India is Kumudini Aggarwal as COMPANY SECRETARY. Anindo Mukherjee, Harshvardhan Lunia, Hong Yeo, and Two other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U72900GJ2014PTC081539
- Company No.
081539
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Dec 2014
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Internet
Who are the key members and board of directors at Lendingkart Technologies?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harshvardhan Lunia  | Managing Director | 01-Apr-2016 | Current |
| Kumudini Aggarwal | Company Secretary | 01-Jun-2016 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hong Yeo  | Director | 02-Apr-2019 | Current |
| Anindo Mukherjee | Director | 05-Sep-2018 | Current |
| Pavan Pal | Director | 28-Dec-2022 | Current |
| Raichand Sardarmal | Director | 25-Apr-2019 | Current |
Financial Performance of Lendingkart Technologies.
Lendingkart Technologies Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 32.11% decrease. The company also saw a substantial fall in profitability, with a 32.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.17%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lendingkart Technologies?
In 2022, Lendingkart Technologies had a promoter holding of 73.59% and a public holding of 26.41%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Digital Lenders Association Of IndiaHarshvardhan Lunia is a mutual person
Pnb Housing Finance LimitedPavan Pal is a mutual person
- Lendingkart Finance Limited
Anindo Mukherjee, Harshvardhan Lunia and 3 more are mutual person
- Lendingkart Account Aggregator Private Limited
Harshvardhan Lunia and Raichand Sardarmal are mutual person
Asset Reconstruction Company (India) LimitedPavan Pal is a mutual person
India Quotient Advisers LlpRaichand Sardarmal is a mutual person
Charges (Loans)
Open Charges
₹388.50 Cr
Satisfied Charges
₹230.00 Cr
Charges Breakdown by Lending Institutions
- Others : 338.50 Cr
- Sidbi : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 2024 | Others | ₹100.00 Cr | Open |
| 30 Mar 2024 | Others | ₹13.50 Cr | Open |
| 19 Jun 2023 | Others | ₹200.00 Cr | Open |
| 24 Mar 2023 | Sidbi | ₹50.00 Cr | Open |
| 29 Nov 2022 | Others | ₹25.00 Cr | Open |
How Many Employees Work at Lendingkart Technologies?
Lendingkart Technologies has a workforce of 181 employees as of Apr 09, 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 Technologies, 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 Technologies'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 Technologies
Recent activity within the organization
- Annual General Meeting
Lendingkart Technologies Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 10 Feb 2020 via Charge ID 100323243 with Others was fully satisfied on 08 Aug 2024.
- Charges
A charge registered on 19 Aug 2021 via Charge ID 100471387 with Sidbi was fully satisfied on 07 Aug 2024.
- Charges
A charge registered on 23 Mar 2022 via Charge ID 100685736 with Others was fully satisfied on 04 Jul 2024.
- Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100940867 was registered on 17 May 2024.
- Balance Sheet
Lendingkart Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
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. .
- Lendingkart Acquires Upwards for Rs 100 Crore, Expanding Reach to Underserved with Advanced Technology.
Lendingkart buys Upwards for Rs 100 crore. Upwards gives personal loans to employees using fancy tech. Lendingkart gives loans to small businesses. CEO says this deal helps underserved with tech. Upwards uses 500 data points for good credit..
- LendingKart announces acquisition of Upwards for ₹100 crore | Mint.
Upwards founded in 2017 is a central bank-registered Non-Banking Financial Company (NBFC) committed to offering personal loans to salaried professionals.
- 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.
Frequently asked questions
What is the Incorporation or founding date of Lendingkart Technologies Private Limited?
Lendingkart Technologies Private Limited was incorporated on 15 Dec 2014.
What is authorized share capital and paid-up capital of Lendingkart Technologies Private Limited?
The authorized share capital of Lendingkart Technologies Private Limited is ₹ 4.98 Cr and paid-up capital is ₹ 2.97 Cr.
Who are the current board members & directors of Lendingkart Technologies Private Limited?
Currently 6 directors are associated with Lendingkart Technologies Private Limited.
- Anindo Mukherjee
- Harshvardhan Raichand Lunia
- Hong Ping Yeo
- Kumudini Aggarwal
- Pavan Kaushal Pal
- Raichand Lunia Sardarmal
What is the registered address of Lendingkart Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lendingkart Technologies Private Limited is 401, 4Th Floor Iconic Shyamal Near Cross-Roads India, Ahmadabad City, Gujarat, 380015.
What is the corporate identification number (CIN) and company number of Lendingkart Technologies Private Limited?
The corporate identification number (CIN) of Lendingkart Technologies Private Limited is U72900GJ2014PTC081539 and the company number is 081539 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lendingkart Technologies Private Limited?
The Official website of Lendingkart Technologies Private Limited is https://www.lendingkart.com
What has been the recent revenue trend for Lendingkart Technologies Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Lendingkart Technologies Private Limited has fallen by -32.11%.
How many employees does Lendingkart Technologies Private Limited currently have?
As Per 2022 financial reports, 181 employees are currently employed by Lendingkart Technologies Private Limited.
What change has been observed in the net worth of Lendingkart Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Lendingkart Technologies Private Limited has experienced an downturn of -10.17%.
What are the total open charges for Lendingkart Technologies Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Lendingkart Technologies Private Limited amount to ₹ 388.50 Cr.
When was the last Balance Sheet of Lendingkart Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Lendingkart Technologies Private Limited was filed with the ROC on 31 Mar 2024.
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