L29 Expansion Solutions Private Limited
About L29 Expansion Solutions Private Limited
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L29 Expansion Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 09 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2021PTC145093. Its GSTIN is 29AAECL5421F1ZM (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10.1 Lakh. It is led by directors Sannidhi Purushotham and Nathan John Ward.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.98 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹56.86 Lakh (net margin 11.4%) and EBITDA of ₹1.03 Cr (EBITDA margin 20.8%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years.
The company has about 33 employees on its provident fund (EPFO) records.
Company details
Contact details
L29 Expansion Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address#235 Binnamangala 2nd Floor, 13th Cross Road 2nd Stage, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of L29 Expansion Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of L29 Expansion Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of L29 Expansion Solutions Private Limited, buy the company report.
Financials of L29 Expansion Solutions Private Limited
FY 2025 filings availableL29 Expansion Solutions Private Limited reported revenue of ₹4.98 Cr (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over three years, including a 50% fall in the latest year. EBITDA fell 35% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.03 Cr | ||||
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| Net Profit (PAT) | ₹56.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 20.8% | ||||
| Net Profit Margin | 11.4% | ||||
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To see the full financial statements and ratios of L29 Expansion Solutions Private Limited, buy the company report.
Board of directors of L29 Expansion Solutions Private Limited
L29 Expansion Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sannidhi Purushotham Also directs: Wera Cafetria Foods Private Limited, Wellable India Private Limited, Workspot Private Limited and 4 more | Director | 09 Mar 2021 | 5 Years 7 Months | Current |
| Nathan John Ward | Director | 30 Mar 2021 | 5 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving L29 Expansion Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for L29 Expansion Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
L29 Expansion Solutions Private Limited has a workforce of 33 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
L29 Expansion Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECL5421F1ZM | Karnataka | Active | 09 Mar 2021 |
To see the full GST registrations and return filing status of L29 Expansion Solutions Private Limited, buy the company report.
Recent activity
L29 Expansion Solutions Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Nathan John Ward ceased to be Additional Director on 28 Sep 2022.
Frequently asked questions
L29 Expansion Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 09 March 2021 (5+ years old) and is registered under CIN U74999KA2021PTC145093.
L29 Expansion Solutions has 2 current directors:
- Sannidhi Purushotham - Director
- Nathan John Ward - Director
The latest financial statements of L29 Expansion Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of L29 Expansion Solutions is 29AAECL5421F1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of L29 Expansion Solutions is U74999KA2021PTC145093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
L29 Expansion Solutions was incorporated on 09 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Nathan John Ward ceased to be Additional Director on 28 Sep 2022. Matthew Donald Wells ceased to be Additional Director on 21 Jun 2022. Srilakshmi Purushotham ceased to be Director on 18 May 2021. L29 Expansion Solutions has 5 board changes on record in total.
The registered office of L29 Expansion Solutions is at #235 Binnamangala 2nd Floor, 13th Cross Road 2nd Stage, Bangalore, Karnataka, India – 560038.
L29 Expansion Solutions operates in the information technology industry, in the software development and support services segment.
L29 Expansion Solutions can be reached at its registered office: #235 Binnamangala 2nd Floor, 13th Cross Road 2nd Stage, Bangalore, Karnataka, India – 560038.
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