Locon Solutions Profile
Key Indicators
- Authorised Capital ₹ 68.32 Cr
as on 02-07-2024
- Paid Up Capital ₹ 25.47 Cr
as on 02-07-2024
- Company Age 12 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 15.48 Cr
as on 02-07-2024
- Revenue 111.78%
(FY 2022)
- Profit -59.24%
(FY 2022)
- Ebitda -42.10%
(FY 2022)
- Net Worth -11.73%
(FY 2022)
- Total Assets 43.72%
(FY 2022)
About Locon Solutions
The Company is engaged in the Information Technology 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 68.32 Cr and a paid-up capital of Rs 25.47 Cr.
The company has closed loans amounting to ₹15.48 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Locon Solutions Private Limited India is Shubham Bhati as COMPANY SECRETARY. Dhruv Agarwala, Ashma Marwah, and Rohit Hasteer serve as directors at the Company.
- CIN/LLPIN
U74120HR2012PTC092506
- Company No.
227804
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Mar 2012
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Gurgaon, Haryana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Locon Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shubham Bhati  | Company Secretary | 25-Sep-2020 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rohit Hasteer | Director | 20-Apr-2019 | Current |
| Dhruv Agarwala | Director | 20-Jan-2017 | Current |
| Ashma Marwah | Director | 01-Sep-2018 | Current |
Financial Performance and Corporate Structure Insights of Locon Solutions.
Locon Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 111.78% increase. The company also saw a substantial fall in profitability, with a 59.24% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Locon Solutions?
In 2021, Locon Solutions had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 31 May 2016 | ₹5.00 Cr | Satisfied |
Firstrand Bank Limited Creation Date: 20 Aug 2014 | ₹10.48 Cr | Satisfied |
How Many Employees Work at Locon Solutions?
Locon Solutions has a workforce of 1188 employees as of Apr 10, 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 Locon Solutions, 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 Locon Solutions'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.
