Loantap Credit Products Profile
Key Indicators
- Authorised Capital ₹ 7.60 Cr
- Paid Up Capital ₹ 7.16 Cr
- Company Age 28 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 918.65 Cr
- Satisfied Charges ₹ 404.40 Cr
- Revenue Growth 1.35%
- Profit Growth -763.98%
- Ebitda -38.60%
- Net Worth -11.00%
- Total Assets -14.28%
About Loantap Credit Products
Loantap Credit Products Private Limited (LCPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 July 1996 and has a history of 28 years and eight months. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Lotus Sree Filco Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 7.60 Cr and a paid-up capital of Rs 7.16 Cr.
The company currently has active open charges totaling ₹918.65 Cr. The company has closed loans amounting to ₹404.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Loantap Credit Products Private Limited India is Sarbanitej Puri as COMPANY SECRETARY. Satyam Kumar, Vikas Kumar, and Abhishek Pandey serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U65910PN1996PTC101188
- Company No.
101188
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Jul 1996
- Date of AGM
30 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Financial Services
Who are the key members and board of directors at Loantap Credit Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sarbanitej Puri | Company Secretary | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikas Kumar  | Director | 02-Aug-2016 | Current |
| Satyam Kumar | Director | 02-Aug-2016 | Current |
| Abhishek Pandey | Director | 02-Aug-2016 | Current |
Financial Performance of Loantap Credit Products.
Loantap Credit Products Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.35% increase. The company also saw a substantial fall in profitability, with a 763.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Loantap Credit Products?
In 2023, Loantap Credit Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Loantap Financial Technologies Private Limited
Satyam Kumar, Vikas Kumar and 1 more are mutual person
Sme Networks Private LimitedVikas Kumar is a mutual person
I-Loan Credit Private LimitedSatyam Kumar is a mutual person
- Wpoets Technology Llp
Vikas Kumar is a mutual person
- Online Potato Consultancy Private Limited
Vikas Kumar is a mutual person
- Pune Running Sports Foundation
Vikas Kumar is a mutual person
Charges (Loans)
Open Charges
₹918.65 Cr
Satisfied Charges
₹404.40 Cr
Charges Breakdown by Lending Institutions
- Others : 915.15 Cr
- Sidbi : 3.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 2024 | Others | ₹1.60 Cr | Open |
| 24 May 2024 | Others | ₹5.00 Cr | Open |
| 10 May 2024 | Others | ₹9.00 M | Open |
| 22 Mar 2024 | Others | ₹2.00 Cr | Open |
| 19 Mar 2024 | Others | ₹1.40 Cr | Open |
How Many Employees Work at Loantap Credit Products?
Loantap Credit Products has a workforce of 89 employees as of Mar 29, 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 Loantap Credit Products, 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 Loantap Credit Products'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 Loantap Credit Products
Recent activity within the organization
- Annual General Meeting
Loantap Credit Products Private Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 1.60 Cr with Charge ID 100939292 was registered on 03 Jun 2024.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100934537 was registered on 24 May 2024.
- Charges
A charge registered on 28 Oct 2022 via Charge ID 100627920 with Others was fully satisfied on 16 May 2024.
- Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100934499 was registered on 10 May 2024.
- Charges
A charge registered on 14 Oct 2022 via Charge ID 100621643 with Others was fully satisfied on 03 May 2024.
Recent News, Updates & Announcement
- Leading Digital Lending Platform LoanTap Partners with BigBasket’s HoReCa to Launch Financing Solutions .
Collaboration to provide hassle-free credit options for businesses in the HoReCa industry LoanTap, a leading digital lending platform, has a....
- LoanTap Group Raises Rs.24 Cr in Venture Debt Funding Led by Lighthouse Canton.
Out of the total investment, INR 15 Cr was by Lighthouse Canton Global investment institution Lighthouse Canton led the venture debt funding....
Frequently asked questions
What is the Incorporation or founding date of Loantap Credit Products Private Limited?
Loantap Credit Products Private Limited was incorporated on 17 Jul 1996.
What is authorized share capital and paid-up capital of Loantap Credit Products Private Limited?
The authorized share capital of Loantap Credit Products Private Limited is ₹ 7.60 Cr and paid-up capital is ₹ 7.16 Cr.
Who are the current board members & directors of Loantap Credit Products Private Limited?
Currently 4 directors are associated with Loantap Credit Products Private Limited.
- Satyam Kumar
- Vikas Kumar
- Abhishek Ramakant Pandey
- Sarbanitej Kaur Puri
What is the registered address of Loantap Credit Products Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Loantap Credit Products Private Limited is Office No. 103 1St Floor Hermes Waves Kalyani Nagar, India, Pune, Maharashtra, 411006.
What is the corporate identification number (CIN) and company number of Loantap Credit Products Private Limited?
The corporate identification number (CIN) of Loantap Credit Products Private Limited is U65910PN1996PTC101188 and the company number is 101188 as per Ministry of Corporate Affairs (MCA).
What is the official website of Loantap Credit Products Private Limited?
The Official website of Loantap Credit Products Private Limited is https://www.loantap.in
What has been the recent revenue trend for Loantap Credit Products Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Loantap Credit Products Private Limited has risen by 1.35%.
How many employees does Loantap Credit Products Private Limited currently have?
As Per 2023 financial reports, 89 employees are currently employed by Loantap Credit Products Private Limited.
What change has been observed in the net worth of Loantap Credit Products Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Loantap Credit Products Private Limited has experienced an downturn of -11.00%.
What are the total open charges for Loantap Credit Products Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Loantap Credit Products Private Limited amount to ₹ 918.65 Cr.
When was the last Balance Sheet of Loantap Credit Products Private Limited filed with the ROC?
The most recent Balance Sheet for Loantap Credit Products Private Limited was filed with the ROC on 31 Mar 2024.
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