Letsshave Private Limited

Retail company selling razors, grooming, and shaving products for men and women.

2016 | Delhi (India) | Active
Last Updated: October 23, 2024

Letsshave Profile

Key Indicators

  • Authorised Capital ₹ 2.20 Cr
  • Paid Up Capital ₹ 8.24 M
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 3.50 Cr
  • Revenue Growth 7.28%
  • Profit Growth 84.52%
  • Ebitda 99.74%
  • Net Worth -63.74%
  • Total Assets 9.20%

About Letsshave

Letsshave Private Limited (LPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 24 August 2016 (Eight years and five months 17 days old ). Its registered office is in Delhi, 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 2.20 Cr and a paid-up capital of Rs 8.24 M.

The company has closed loans amounting to ₹3.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ashwani Oberoi, Sidharth Oberoi, and Heuiseok Kwak serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2016PTC304885

  • Company No.

    304885

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 2016

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

E-Commerce

What products or services does Letsshave Private Limited offer?

Letsshave Private Limited offers a wide range of products and services, including Salon, Spa Kits & Equipments, Shaving Blade, Cosmetic, Green Tea Soap, Shaving Gel, Surgical Forceps, Skin Graft Blades, Salon Spa Equipment, Disposable Blades, Beard Comb.

Who are the key members and board of directors at Letsshave?

Board Members (3)

Name Designation Appointment Date Status
Sidharth Oberoi Country flag representing In Director 24-Aug-2016 Current
Heuiseok Kwak Country flag representing Kr Nominee Director 01-Feb-2019 Current
Ashwani Oberoi Country flag representing In Director 24-Aug-2016 Current

Financial Performance of Letsshave.

Letsshave Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.28% increase. The company also saw a substantial improvement in profitability, with a 84.52% increase in profit. The company's net worth observed a substantial decline by a decrease of 63.74%.

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
7.28%
Revenue from Operations
6.78%
Total Assets
9.20%
Profit or Loss
84.52%
Net Worth
-63.74%
EBITDA
99.74%

What is the Ownership and Shareholding Structure of Letsshave?

In 2023, Letsshave 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)

Open Charges

₹0

Satisfied Charges

₹3.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.50 Cr

Latest Charge Details

Date Lender Amount Status
15 Nov 2017 Others ₹3.50 Cr Satisfied

How Many Employees Work at Letsshave?

Letsshave has a workforce of 15 employees as of Apr 07, 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 Letsshave, 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 Letsshave'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 Letsshave

Recent activity within the organization

  • Annual General Meeting

    Letsshave Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Letsshave Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 15 Nov 2017 via Charge ID 100163557 with Others was fully satisfied on 13 Dec 2019.

    13 Dec 2019

  • Director Appointment

    Heuiseok Kwak was appointed as a Nominee Director was appointed as a Nominee Director on 01 Feb 2019 & has been associated with this company since 6 years 8 days .

    01 Feb 2019

  • Charges

    A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100163557 was registered on 15 Nov 2017.

    15 Nov 2017

  • Director Appointment

    Ashwani Oberoi was appointed as a Director was appointed as a Director on 24 Aug 2016 & has been associated with this company since 8 years 5 months .

    24 Aug 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Letsshave Private Limited was incorporated on 24 Aug 2016.

  • The authorized share capital of Letsshave Private Limited is ₹ 2.20 Cr and paid-up capital is ₹ 8.24 M.

  • Currently 3 directors are associated with Letsshave Private Limited.

    • Ashwani Oberoi
    • Sidharth Shanker Oberoi
    • Heuiseok Kwak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Letsshave Private Limited is D-136, 3Rd Floor Defence Colony India, New Delhi, 110024.

  • The corporate identification number (CIN) of Letsshave Private Limited is U74999DL2016PTC304885 and the company number is 304885 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Letsshave Private Limited is https://www.letsshave.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Letsshave Private Limited has risen by 7.28%.

  • As Per 2023 financial reports, 15 employees are currently employed by Letsshave Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Letsshave Private Limited has experienced an downturn of -63.74%.

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