Letz Connect Technologies Private Limited

Provides virtual university platform with advanced learning management system and analytics services.

2016 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 19, 2024

Letz Connect Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.68 Cr
  • Paid Up Capital ₹ 1.53 Cr
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -100.00%
  • Profit Growth 27.84%
  • Ebitda 44.40%
  • Net Worth -23.05%
  • Total Assets -13.99%

About Letz Connect Technologies

Letz Connect Technologies Private Limited (LCTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 23 March 2016 (Eight years and ten months 11 days old ). Its registered office is in Chennai, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.68 Cr and a paid-up capital of Rs 1.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

Praveenganesh Subramanian, Vidya Subramanian, Girubakar Muthuvelpadian, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900TN2016PTC104860

  • Company No.

    104860

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Internet

Who are the key members and board of directors at Letz Connect Technologies?

Board Members (5)

Name Designation Appointment Date Status
Praveenganesh Subramanian Country flag representing In Director 23-Mar-2016 Current
Girubakar Muthuvelpadian Country flag representing In Director 09-Mar-2017 Current
Aarati Shyam Country flag representing In Director 17-Sep-2019 Current
Vidya Subramanian Country flag representing In Director 23-Mar-2016 Current
Manikandan Somasundaram Country flag representing In Additional Director 06-Jul-2023 Current

Financial Performance of Letz Connect Technologies.

Letz Connect Technologies Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 27.84% increase in profit. The company's net worth observed a substantial decline by a decrease of 23.05%.

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
-100.00%
Revenue from Operations
-100.00%
Total Assets
-13.99%
Profit or Loss
27.84%
Net Worth
-23.05%
EBITDA
44.40%

What is the Ownership and Shareholding Structure of Letz Connect Technologies?

In 2022, Letz Connect Technologies had a promoter holding of 78.95% and a public holding of 21.05%. The company had 1 Subsidiary. 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 Letz Connect Technologies?

Letz Connect Technologies has a workforce of 0 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 Letz Connect 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 Letz Connect Technologies'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 Letz Connect Technologies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Manikandan Somasundaram was appointed as a Additional Director was appointed as a Additional Director on 06 Jul 2023 & has been associated with this company since 1 year 6 months .

    06 Jul 2023

  • Balance Sheet

    Letz Connect Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Aarati Ghana Shyam was appointed as a Director was appointed as a Director on 17 Sep 2019 & has been associated with this company since 5 years 4 months .

    17 Sep 2019

  • Director Appointment

    Girubakar Muthuvelpadian was appointed as a Director was appointed as a Director on 09 Mar 2017 & has been associated with this company since 7 years 10 months .

    09 Mar 2017

  • Director Appointment

    Praveenganesh Subramanian was appointed as a Director was appointed as a Director on 23 Mar 2016 & has been associated with this company since 8 years 10 months .

    23 Mar 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Letz Connect Technologies Private Limited was incorporated on 23 Mar 2016.

  • The authorized share capital of Letz Connect Technologies Private Limited is ₹ 1.68 Cr and paid-up capital is ₹ 1.53 Cr.

  • Currently 5 directors are associated with Letz Connect Technologies Private Limited.

    • Praveenganesh Subramanian
    • Vidya Subramanian
    • Girubakar Muthuvelpadian
    • Aarati Ghana Shyam
    • Manikandan Somasundaram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Letz Connect Technologies Private Limited is No 56A Vijayshanthi Apartments Kalakshetra Road, Thiruvanmiyur India, Chennai, Tamil Nadu, 600041.

  • The corporate identification number (CIN) of Letz Connect Technologies Private Limited is U74900TN2016PTC104860 and the company number is 104860 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Letz Connect Technologies Private Limited is https://www.letzconnect.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Letz Connect Technologies Private Limited has fallen by -100.00%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Letz Connect Technologies Private Limited has experienced an downturn of -23.05%.

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

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