Localbuy Technologies Private Limited

Wholesale and retail buying and selling of various goods, including FMCG products.

2019 | Kurmannapalem, Andhra Pradesh (India) | Active
Last Updated: July 17, 2024

Localbuy Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.62 M
  • Paid Up Capital ₹ 0.44 M
  • Company Age 5 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Revenue Growth 210.90%
  • Profit Growth -366.51%
  • Ebitda -348.58%
  • Net Worth -55.74%
  • Total Assets 1.41%

About Localbuy Technologies

Localbuy Technologies Private Limited (LTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 24 October 2019 (Five years and three months 9 days old ). Its registered office is in Kurmannapalem, Andhra Pradesh, India.

The Company is engaged in the Food And Beverages 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 1.62 M and a paid-up capital of Rs 0.44 M.

The company currently has active open charges totaling ₹5.00 Cr.

Sailesh Tulshan, Anil Purushothama, and Neeraj Menta serve as directors at the Company.

Company Details

  • Location

    Kurmannapalem, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52590AP2019PTC113200

  • Company No.

    113200

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Oct 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Food and Beverages
Information Technology

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

Board Members (3)

NameDesignationAppointment DateStatus
Sailesh Tulshan Country flag representing In Director 15-Jun-2022Current
Anil Purushothama Country flag representing In Director 24-Oct-2019Current
Neeraj Menta Country flag representing In Director 24-Oct-2019Current

Financial Performance of Localbuy Technologies.

Localbuy Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 210.9% increase. The company also saw a substantial fall in profitability, with a 366.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 55.74%.

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
210.90%
Revenue from Operations
212.44%
Total Assets
1.41%
Profit or Loss
-366.51%
Net Worth
-55.74%
EBITDA
-348.58%

What is the Ownership and Shareholding Structure of Localbuy Technologies?

In 2023, Localbuy Technologies 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

₹50.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Nov 2022Others₹5.00 CrOpen

How Many Employees Work at Localbuy Technologies?

Localbuy Technologies has a workforce of 139 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Localbuy 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 Localbuy 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 Localbuy Technologies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Localbuy Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100647518 was registered on 08 Nov 2022.

    08 Nov 2022

  • Director Appointment

    Sailesh Tulshan was appointed as a Director was appointed as a Director on 15 Jun 2022 & has been associated with this company since 2 years 7 months .

    15 Jun 2022

  • Director Appointment

    Neeraj Menta was appointed as a Director was appointed as a Director on 24 Oct 2019 & has been associated with this company since 5 years 3 months .

    24 Oct 2019

  • Director Appointment

    Anil Thontepu Naga Purushothama was appointed as a Director was appointed as a Director on 24 Oct 2019 & has been associated with this company since 5 years 3 months .

    24 Oct 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Localbuy Technologies Private Limited was incorporated on 24 Oct 2019.

  • The authorized share capital of Localbuy Technologies Private Limited is ₹ 1.62 M and paid-up capital is ₹ 0.44 M.

  • Currently 3 directors are associated with Localbuy Technologies Private Limited.

    • Sailesh Tulshan
    • Anil Thontepu Naga Purushothama
    • Neeraj Menta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Localbuy Technologies Private Limited is B-BlockG-6Palace HeightsSivaji Nagar Kurmannapalem Nr Aganampudi Toll Gate, Andhra Pradesh, India, 530046.

  • The corporate identification number (CIN) of Localbuy Technologies Private Limited is U52590AP2019PTC113200 and the company number is 113200 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Localbuy Technologies Private Limited is https://www.superk.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Localbuy Technologies Private Limited has risen by 210.90%.

  • As Per 2023 financial reports, 139 employees are currently employed by Localbuy Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Localbuy Technologies Private Limited has experienced an downturn of -55.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Localbuy Technologies Private Limited amount to ₹ 5.00 Cr.

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