Letzpay Solution Private Limited

Provides mobile and web platform for payment services to buyers and sellers of goods and services.

2016 | New Delhi, Delhi (India) | Active
Last Updated: August 21, 2024

Letzpay Solution Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.14 Cr
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.38 M
  • Revenue Growth -65.66%
  • Profit Growth 90.19%
  • Ebitda -26.45%
  • Net Worth 46.27%
  • Total Assets -6.14%

About Letzpay Solution

Letzpay Solution Private Limited (LSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 24 May 2016 (Eight years and nine months 2 days old ). Its registered office is in New Delhi, Delhi, India.

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 2.50 Cr and a paid-up capital of Rs 1.14 Cr.

The company currently has active open charges totaling ₹4.38 M.

Himanshu Gupta and Niraj Saxena serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    letzpay.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2016PTC300289

  • Company No.

    300289

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 May 2016

  • Date of AGM

    26 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Letzpay Solution?

Board Members (2)

NameDesignationAppointment DateStatus
Niraj Saxena Country flag representing In Director 09-Aug-2019Current
Himanshu Gupta Country flag representing In Director 27-Mar-2017Current

Financial Performance of Letzpay Solution.

Letzpay Solution Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 65.66% decrease. The company also saw a substantial improvement in profitability, with a 90.19% increase in profit. The company's net worth Soared by an impressive increase of 46.27%.

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
-65.66%
Revenue from Operations
-66.28%
Total Assets
-6.14%
Profit or Loss
90.19%
Net Worth
46.27%
EBITDA
-26.45%

What is the Ownership and Shareholding Structure of Letzpay Solution?

In 2023, Letzpay Solution had a public holding of 12.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.44 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.44 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2023Hdfc Bank Limited₹2.17 MOpen
04 Oct 2022Hdfc Bank Limited₹2.21 MOpen

How Many Employees Work at Letzpay Solution?

Letzpay Solution has a workforce of 16 employees as of Aug 21, 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 Letzpay Solution, 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 Letzpay Solution'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 Letzpay Solution

Recent activity within the organization

  • Annual General Meeting

    Letzpay Solution Private Limited last Annual general meeting of members was held on 26 Dec 2023 as per latest MCA records.

    26 Dec 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100722667 was registered on 28 Mar 2023.

    28 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100684329 was registered on 04 Oct 2022.

    04 Oct 2022

  • Director Appointment

    Niraj Prakash Saxena was appointed as a Director was appointed as a Director on 09 Aug 2019 & has been associated with this company since 5 years 6 months .

    09 Aug 2019

  • Director Appointment

    Himanshu Gupta was appointed as a Director was appointed as a Director on 27 Mar 2017 & has been associated with this company since 7 years 10 months .

    27 Mar 2017

Frequently asked questions

  • Letzpay Solution Private Limited was incorporated on 24 May 2016.

  • The authorized share capital of Letzpay Solution Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.14 Cr.

  • Currently 2 directors are associated with Letzpay Solution Private Limited.

    • Himanshu Gupta
    • Niraj Prakash Saxena
  • As per Ministry of Corporate Affairs (Mca), the registered address of Letzpay Solution Private Limited is 714 7Th Floor Arunachal Building 19 Barakhaba Road, New Delhi, India, 110001.

  • The corporate identification number (CIN) of Letzpay Solution Private Limited is U74999DL2016PTC300289 and the company number is 300289 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Letzpay Solution Private Limited is https://www.letzpay.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Letzpay Solution Private Limited has fallen by -65.66%.

  • As Per 2023 financial reports, 16 employees are currently employed by Letzpay Solution Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Letzpay Solution Private Limited has experienced an upsurge of 46.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Letzpay Solution Private Limited amount to ₹ 4.38 M.

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

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