Live Financial Services Limited

Provides packaged software and equipment leasing services.

1995 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 06, 2024

Live Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.82 M
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.50 M
  • Revenue Growth %
  • Profit Growth 86.36%
  • Ebitda 87.24%
  • Net Worth -1.43%
  • Total Assets -0.66%

About Live Financial Services

Live Financial Services Limited (LFSL) is a Public Limited Indian Non-Government Company incorporated in India on 05 July 1995 and has a history of 29 years and seven months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Information Technology 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 5.00 M and a paid-up capital of Rs 0.82 M.

The company has closed loans amounting to ₹1.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Deepak Madala, Kiran Korivi, and Eswarmohan Chikkalavalasa serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910AP1995PLC020939

  • Company No.

    020939

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Information Technology
Financial Services

Who are the key members and board of directors at Live Financial Services?

Board Members (3)

Name Designation Appointment Date Status
Deepak Madala Country flag representing In Director 12-Jul-2001 Current
Kiran Korivi Country flag representing In Director 22-Apr-2019 Current
Eswarmohan Chikkalavalasa Country flag representing In Director 05-Jul-1995 Current

Financial Performance of Live Financial Services.

Live Financial Services Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 86.36% increase in profit. The company's net worth dipped by a decrease of 1.43%.

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
Revenue from Operations
Total Assets
-0.66%
Profit or Loss
86.36%
Net Worth
-1.43%
EBITDA
87.24%

What is the Ownership and Shareholding Structure of Live Financial Services?

In 2020, Live Financial Services 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

₹1.50 M

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
18 Oct 2003 Union Bank Of India ₹1.50 M Satisfied

How Many Employees Work at Live Financial Services?

Unlock and access historical data on people associated with Live Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Live Financial Services, 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 Live Financial Services'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 Live Financial Services

Recent activity within the organization

  • Annual General Meeting

    Live Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Live Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge registered on 18 Oct 2003 via Charge ID 90119225 with Union Bank Of India was fully satisfied on 11 Dec 2020.

    11 Dec 2020

  • Director Appointment

    Kiran Prasad Korivi was appointed as a Director was appointed as a Director on 22 Apr 2019 & has been associated with this company since 5 years 9 months .

    22 Apr 2019

  • Charges

    A charge with Union Bank Of India amounted to Rs. 1.50 M with Charge ID 90119225 was registered on 18 Oct 2003.

    18 Oct 2003

  • Director Appointment

    Deepak Srinivas Madala was appointed as a Director was appointed as a Director on 12 Jul 2001 & has been associated with this company since 23 years 6 months .

    12 Jul 2001

Frequently asked questions

  • Live Financial Services Limited was incorporated on 05 Jul 1995.

  • The authorized share capital of Live Financial Services Limited is ₹ 5.00 M and paid-up capital is ₹ 0.82 M.

  • Currently 3 directors are associated with Live Financial Services Limited.

    • Deepak Srinivas Madala
    • Kiran Prasad Korivi
    • Eswarmohan Rao Chikkalavalasa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Live Financial Services Limited is D.No.7-5-181/1 Ocean View Layout Pandurangapuram, India, Visakhapatnam, Andhra Pradesh, 530003.

  • The corporate identification number (CIN) of Live Financial Services Limited is U65910AP1995PLC020939 and the company number is 020939 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Live Financial Services Limited has experienced an downturn of -1.43%.

  • The most recent Balance Sheet for Live Financial Services Limited was filed with the ROC on 31 Mar 2024.

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