Letsconnect Global Innovation Labs Private Limited
About Letsconnect Global Innovation Labs Private Limited
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Letsconnect Global Innovation Labs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the transport equipment segment of the transportation sector. It was incorporated on 23 June 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U71100KA2023PTC175193. Its GSTIN is 29AAFCL4502N1Z8 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Basavarajeshwari Shirol (Managing Director) and Bayavva Agasimundin.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.44 Lakh. For the same year it recorded a net profit of ₹27,789 (net margin 2.1%) and EBITDA of ₹37,608 (EBITDA margin 2.8%).
Company details
Contact details
Letsconnect Global Innovation Labs Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressSecond Floor Pid No – 14 – 39 – 49 No.49, Vlvc Plaaza 19th Main 1st Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryTrasnportation, Transport Equipment, Renting
- 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 Letsconnect Global Innovation Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Letsconnect Global Innovation Labs Private Limited, buy the company report.
Financials of Letsconnect Global Innovation Labs Private Limited
FY 2024 filings availableLetsconnect Global Innovation Labs Private Limited reported revenue of ₹13.44 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 |
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| EBITDA | ₹37,608 |
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| Net Profit (PAT) | ₹27,789 |
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Financial Ratios
| Metrics | FY 2023-24 |
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| Profitability | |
| EBITDA Margin | 2.8% |
| Net Profit Margin | 2.1% |
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To see the full financial statements and ratios of Letsconnect Global Innovation Labs Private Limited, buy the company report.
Board of directors of Letsconnect Global Innovation Labs Private Limited
Letsconnect Global Innovation Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basavarajeshwari Shirol | Managing Director | 23 Jun 2023 | 3 Years 4 Months | Current |
| Bayavva Agasimundin | Director | 23 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Letsconnect Global Innovation Labs Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| View360 Technologies Private Limited | ₹13.44 Lakh (FY 2019) | -35.0% | Hyderabad, Telangana, India | |||
| Fugipie Technologies Private Limited | ₹13.44 Lakh (FY 2024) | 479.0% | Kozhikode, Kerala, India | |||
| Linuxsocials Private Limited | ₹13.44 Lakh (FY 2024) | Bengaluru, Karnataka, India | ||||
| Smac Software Technologies Limited | ₹13.44 Lakh (FY 2018) | 70.0% | Ahmedabad, Gujarat, India | |||
| Letsconnect Global Innovation Labs Private Limitedthis company | ₹13.44 Lakh (FY 2024) | ₹27,789 | 2.1% | Bangalore, Karnataka, India | ||
| Ssquare Innovations Soft Labs Private Limited | ₹13.43 Lakh (FY 2024) | 49.0% | Bangalore, Karnataka, India | |||
| Ms Media Craft Private Limited | ₹13.42 Lakh (FY 2018) | 711.0% | New Delhi, Delhi, India | |||
| Mirifical Consultancy Services Private Limited | ₹13.42 Lakh (FY 2021) | 3860.0% | Bhendwad Belgaum, Karnataka, India | |||
| Volt Infotech Private Limited | ₹13.41 Lakh (FY 2024) | -16.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Letsconnect Global Innovation Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Letsconnect Global Innovation Labs 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 Letsconnect Global Innovation Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Letsconnect Global Innovation Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCL4502N1Z8 | Karnataka | Active | 17 Oct 2023 |
To see the full GST registrations and return filing status of Letsconnect Global Innovation Labs Private Limited, buy the company report.
Recent activity
Letsconnect Global Innovation Labs Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Basavarajeshwari Shirol was appointed as Managing Director on 23 Jun 2023.
Frequently asked questions
Letsconnect Global Innovation Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in transport equipment, within the transportation industry. It was incorporated on 23 June 2023 (3+ years old) and is registered under CIN U71100KA2023PTC175193.
Letsconnect Global Innovation Labs has 2 current directors:
- Basavarajeshwari Shirol - Managing Director
- Bayavva Agasimundin - Director
The latest financial statements of Letsconnect Global Innovation Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Letsconnect Global Innovation Labs is 29AAFCL4502N1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Letsconnect Global Innovation Labs is U71100KA2023PTC175193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Letsconnect Global Innovation Labs was incorporated on 23 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Letsconnect Global Innovation Labs by revenue are View360 Technologies Private Limited, Fugipie Technologies Private Limited, Linuxsocials Private Limited, Smac Software Technologies Limited, Ssquare Innovations Soft Labs Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Basavarajeshwari Shirol was appointed as Managing Director on 23 Jun 2023. Bayavva Agasimundin was appointed as Director on 23 Jun 2023.
The registered office of Letsconnect Global Innovation Labs is at Second Floor Pid No – 14 – 39 – 49 No.49, Vlvc Plaaza 19th Main 1st Block Rajajinagar, Bangalore, Karnataka, India – 560010.
Letsconnect Global Innovation Labs operates in the transportation industry, in the transport equipment segment.
Letsconnect Global Innovation Labs can be reached at its registered office: Second Floor Pid No – 14 – 39 – 49 No.49, Vlvc Plaaza 19th Main 1st Block Rajajinagar, Bangalore, Karnataka, India – 560010.
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