Localcube Commerce Private Limited

E-commerce platform connecting small-town retailers with walk-in customers through partnerships and franchisees.

2012 | Bangaluru, Karnataka (India) | Active
Last Updated:

Localcube Commerce Profile

Key Indicators

  • Authorised Capital ₹ 0.69 M
  • Paid Up Capital ₹ 0.37 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.25 Cr
  • Satisfied Charges ₹ 34.76 Cr
  • Revenue Growth 20.28%
  • Profit Growth 22.57%
  • Ebitda 23.42%
  • Net Worth -59.24%
  • Total Assets 22.69%

About Localcube Commerce

Localcube Commerce Private Limited (LCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 April 2012 and has a history of 12 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Local Cube Commerce Private Limited. The Company is engaged in the E-Commerce 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 0.69 M and a paid-up capital of Rs 0.37 M.

The company currently has active open charges totaling ₹9.25 Cr. The company has closed loans amounting to ₹34.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gautam Saxena, Hans Schmitz, and Sridhar Gundaiah serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U51909KA2012PTC063576

  • Company No.

    063576

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

E-Commerce
Consumer Services
Company report

Localcube Commerce Private Limited

Explore comprehensive data for Localcube Commerce Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Localcube Commerce?

Board Members (3)

NameDesignationAppointment DateStatus
Hans Schmitz Country flag representing De Director 01-Jun-2012Current
Gautam Saxena Country flag representing Sg Nominee Director 17-Mar-2020Current
Sridhar Gundaiah Country flag representing In Director 17-Apr-2012Current

Financial Performance of Localcube Commerce.

Localcube Commerce Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.28% increase. The company also saw a substantial improvement in profitability, with a 22.57% increase in profit. The company's net worth observed a substantial decline by a decrease of 59.24%.

Localcube Commerce revenue growth over time
Localcube Commerce 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
20.28%
Revenue from Operations
20.61%
Total Assets
22.69%
Profit or Loss
22.57%
Net Worth
-59.24%
EBITDA
23.42%

What is the Ownership and Shareholding Structure of Localcube Commerce?

In 2022, Localcube Commerce had a promoter holding of 84.35% and a public holding of 15.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹92.50 M

Satisfied Charges

₹347.60 M

Charges Breakdown by Lending Institutions

  • Others : 9.25 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2024Others₹6.00 CrOpen
04 Apr 2024Others₹2.00 CrOpen
28 Jul 2020Others₹1.25 CrOpen
26 May 2022Others₹4.76 CrSatisfied
28 Oct 2019Others₹10.00 CrSatisfied

How Many Employees Work at Localcube Commerce?

Localcube Commerce has a workforce of 140 employees as of Mar 27, 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.

Employee growth trends for Localcube Commerce Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Localcube Commerce, 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 Localcube Commerce'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 Localcube Commerce

Recent activity within the organization

  • Annual General Meeting

    Localcube Commerce Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 60.00 M with Charge ID 100936522 was registered on 31 May 2024.

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100934318 was registered on 04 Apr 2024.

  • Balance Sheet

    Localcube Commerce Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 26 May 2022 via Charge ID 100726954 with Others was fully satisfied on 06 Jun 2023.

  • Charges

    A charge with Others amounted to Rs. 47.60 M with Charge ID 100726954 was registered on 26 May 2022.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Localcube Commerce Private Limited?

    Localcube Commerce Private Limited was incorporated on 17 Apr 2012.

  • What is authorized share capital and paid-up capital of Localcube Commerce Private Limited?

    The authorized share capital of Localcube Commerce Private Limited is ₹ 0.69 M and paid-up capital is ₹ 0.37 M.

  • Who are the current board members & directors of Localcube Commerce Private Limited?

    Currently 3 directors are associated with Localcube Commerce Private Limited.

    • Gautam Saxena
    • Hans Jurgen Schmitz
    • Sridhar Gundaiah

  • What is the registered address of Localcube Commerce Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Localcube Commerce Private Limited is No.14-F-1, Kumbalgudu Industrial Area 2Nd Phase India, Bangalore, Karnataka, 560074.

  • What is the corporate identification number (CIN) and company number of Localcube Commerce Private Limited?

    The corporate identification number (CIN) of Localcube Commerce Private Limited is U51909KA2012PTC063576 and the company number is 063576 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Localcube Commerce Private Limited?

    The Official website of Localcube Commerce Private Limited is https://www.storeking.in

  • What has been the recent revenue trend for Localcube Commerce Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Localcube Commerce Private Limited has risen by 20.28%.

  • How many employees does Localcube Commerce Private Limited currently have?

    As Per 2022 financial reports, 140 employees are currently employed by Localcube Commerce Private Limited.

  • What change has been observed in the net worth of Localcube Commerce Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Localcube Commerce Private Limited has experienced an downturn of -59.24%.

  • What are the total open charges for Localcube Commerce Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Localcube Commerce Private Limited amount to ₹ 9.25 Cr.

  • When was the last Balance Sheet of Localcube Commerce Private Limited filed with the ROC?

    The most recent Balance Sheet for Localcube Commerce Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed