Locofast Online Services Private Limited

Fashion supply chain platform offering printing, dyeing, and finishing services to 120+ customers.

2019 | New Delhi, Delhi (India) | Active
Last Updated: June 29, 2024

Locofast Online Services Profile

Key Indicators

  • Authorised Capital ₹ 0.40 M
  • Paid Up Capital ₹ 0.22 M
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.01 Cr
  • Revenue Growth 89.01%
  • Profit Growth -47.76%
  • Ebitda -36.50%
  • Net Worth -17.61%
  • Total Assets -34.26%

About Locofast Online Services

Locofast Online Services Private Limited (LOSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 25 March 2019 (Five years and 11 months 1 days old ). Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Home & Lifestyle 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 0.40 M and a paid-up capital of Rs 0.22 M.

The company currently has active open charges totaling ₹10.01 Cr.

Deepak Wadhwa, Mohit Piplani, and Rahul Chowdhri serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    locofast.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18202DL2019PTC347578

  • Company No.

    347578

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Home & Lifestyle

What products or services does Locofast Online Services Private Limited offer?

Locofast Online Services Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Polyester Textile, Cotton Textile.

Who are the key members and board of directors at Locofast Online Services?

Board Members (3)

NameDesignationAppointment DateStatus
Rahul Chowdhri Country flag representing In Nominee Director 05-Oct-2021Current
Mohit Piplani Country flag representing In Director 25-Mar-2019Current
Deepak Wadhwa Country flag representing In Director 25-Mar-2019Current

Financial Performance of Locofast Online Services.

Locofast Online Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.01% increase. The company also saw a substantial fall in profitability, with a 47.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.61%.

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
89.01%
Revenue from Operations
89.92%
Total Assets
-34.26%
Profit or Loss
-47.76%
Net Worth
-17.61%
EBITDA
-36.50%

What is the Ownership and Shareholding Structure of Locofast Online Services?

In 2023, Locofast Online Services had a promoter holding of 94.94% and a public holding of 5.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹100.10 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 10.01 Cr

Latest Charge Details

DateLenderAmountStatus
03 Nov 2021Others₹10.01 CrOpen

How Many Employees Work at Locofast Online Services?

Locofast Online Services has a workforce of 75 employees as of Apr 05, 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 Locofast Online 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 Locofast Online 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 Locofast Online Services

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Locofast Online Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 100.10 M with Charge ID 100514078 was registered on 03 Nov 2021.

    03 Nov 2021

  • Director Appointment

    Rahul Chowdhri was appointed as a Nominee Director was appointed as a Nominee Director on 05 Oct 2021 & has been associated with this company since 3 years 4 months .

    05 Oct 2021

  • Director Appointment

    Deepak Wadhwa was appointed as a Director was appointed as a Director on 25 Mar 2019 & has been associated with this company since 5 years 11 months .

    25 Mar 2019

  • Director Appointment

    Mohit Piplani was appointed as a Director was appointed as a Director on 25 Mar 2019 & has been associated with this company since 5 years 11 months .

    25 Mar 2019

Frequently asked questions

  • Locofast Online Services Private Limited was incorporated on 25 Mar 2019.

  • The authorized share capital of Locofast Online Services Private Limited is ₹ 0.40 M and paid-up capital is ₹ 0.22 M.

  • Currently 3 directors are associated with Locofast Online Services Private Limited.

    • Deepak Wadhwa
    • Mohit Piplani
    • Rahul Chowdhri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Locofast Online Services Private Limited is B1/H3 Mohan Co-Opreative Industrial Area Mathura Road Block-B, New Delhi, India, 110044.

  • The corporate identification number (CIN) of Locofast Online Services Private Limited is U18202DL2019PTC347578 and the company number is 347578 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Locofast Online Services Private Limited is https://www.locofast.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Locofast Online Services Private Limited has risen by 89.01%.

  • As Per 2023 financial reports, 75 employees are currently employed by Locofast Online Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Locofast Online Services Private Limited has experienced an downturn of -17.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Locofast Online Services Private Limited amount to ₹ 10.01 Cr.

  • The most recent Balance Sheet for Locofast Online Services Private Limited was filed with the ROC on 31 Mar 2023.

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