Localcube Commerce Profile
Key Indicators
- Authorised Capital ₹ 0.69 M
- Paid Up Capital ₹ 0.37 M
- Company Age 12 Year, 10 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 ten 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
Who are the key members and board of directors at Localcube Commerce?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hans Schmitz  | Director | 01-Jun-2012 | Current |
Gautam Saxena  | Nominee Director | 17-Mar-2020 | Current |
Sridhar Gundaiah  | Director | 17-Apr-2012 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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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.
Charges (Loans)
₹92.50 M
₹347.60 M
Charges Breakdown by Lending Institutions
- Others : 9.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2024 | Others | ₹6.00 Cr | Open |
| 04 Apr 2024 | Others | ₹2.00 Cr | Open |
| 28 Jul 2020 | Others | ₹1.25 Cr | Open |
| 26 May 2022 | Others | ₹4.76 Cr | Satisfied |
| 28 Oct 2019 | Others | ₹10.00 Cr | Satisfied |
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.
Deals i
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
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.
