About Light Ray Advisors LLP
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Light Ray Advisors LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 February 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAF-7502. Its GSTIN is 06AAGFL2045L1ZB (Haryana). The LLP holds 2 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹21.25 Lakh. It is led by designated partners including Mukul Arora and Mridul Arora.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹172.48 Cr. For the same year it recorded a net profit of ₹63.82 Cr (net margin 37%) and EBITDA of ₹97.28 Cr (EBITDA margin 56.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.
The LLP has about 59 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Elevation Capital. Court records list 3 cases involving the LLP, including 2 filed by the LLP and 1 filed against it; 2 cases are pending.
For more details, the LLP can be reached via its website elevationcapital.com.
- EmailLocked
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- Website
- Social Media
- Registered AddressUnit No 902 And 903 Campus 31 Rmz Ecoworld, Bhoganahalli Village Varthur Hobli Bengaluru East Taluk, Bangalore, Karnataka, India – 560103
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Associated Brands with Light Ray Advisors LLP
Light Ray Advisors operates one associated brand: Elevation Capital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Elevation Capital is focused on early-stage tech investments in India. | elevationcapital.com |
Financials of Light Ray Advisors LLP FY 2025 filings available
Light Ray Advisors LLP reported revenue of ₹172.48 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR) of Light Ray Advisors LLP
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years. 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 of Light Ray Advisors LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹172.48 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹63.82 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Light Ray Advisors LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 37% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Light Ray Advisors are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Light Ray Advisors LLP
Light Ray Advisors has 9 current designated partners and 6 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukul Arora | Designated Partner | 18 Oct 2023 | 3 Years 0 Months | Current |
| Mridul Arora Also directs: Scapia Technology Private Limited, Mahaveer Finance India Limited, Bharosepe Technology Services Private Limited and 5 more | Partner | 01 Oct 2019 | 7 Years 0 Months | Current |
| Alok Goel Also directs: Drivetrain AI Technologies Private Limited | Partner | 19 Feb 2016 | 10 Years 8 Months | Current |
| Mayank Khanduja | Partner | 01 Oct 2020 | 6 Years 0 Months | Current |
| Vivek Kumar Mathur Also directs: Mentovate Ventures LLP | Partner | 25 Jan 2025 | 1 Years 8 Months | Current |
| Deepak Gaur Also directs: Beejapuri Dairy Private Limited, Sugar Brands Private Limited, The Souled Store Private Limited and 3 more | Partner | 18 Oct 2023 | 3 Years 0 Months | Current |
Ownership and Shareholding of Light Ray Advisors LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Light Ray Advisors LLP
Light Ray Advisors LLP does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Light Ray Advisors LLP
Light Ray Advisors LLP has 3 court cases on record: 2 filed by Light Ray Advisors, 1 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The Deputy Commissioner of Commercial Taxes (Audit) | Pending |
| High Court | Writ petition | Filed by the company against The Deputy Commissioner of Commercial Taxes(Audit) | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Light Ray Advisors LLP
Light Ray Advisors LLP has a workforce of 59 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Light Ray Advisors LLP
Light Ray Advisors LLP has 15 designated partner changes on record since 2016: 9 appointments and 6 cessations. The latest: Ramanuj Gopalan was appointed as Designated Partner on 25 Jan 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Light Ray Advisors LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Light Ray Advisors LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Light Ray Advisors LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Light Ray Advisors LLP
Light Ray Advisors has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGFL2045L1ZB | Haryana | Active | 01 Jul 2017 |
| 29AAGFL2045L1Z3 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Light Ray Advisors LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Light Ray Advisors LLP
Frequently Asked Questions about Light Ray Advisors LLP
Light Ray Advisors is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 February 2016 (10+ years old) and is registered under LLPIN AAF-7502.
Light Ray Advisors reported revenue of ₹172.48 Cr for FY 2023.
Light Ray Advisors has 9 current designated partners:
- Mukul Arora - Designated Partner
- Mridul Arora - Partner
- Alok Goel - Partner
- Mayank Khanduja - Partner
- Vivek Kumar Mathur - Partner
- Deepak Gaur - Partner
- Vaibhav Goel - Designated Partner
- Vishal Satinder Sood - Partner
- Ramanuj Gopalan - Designated Partner
Light Ray Advisors reported a net profit of ₹63.82 Cr (net margin 37%) and EBITDA of ₹97.28 Cr (EBITDA margin 56.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Light Ray Advisors is 5% over three years and 12% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Light Ray Advisors is 06AAGFL2045L1ZB, registered in Haryana. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAGFL2045L1Z3 (Karnataka).
The LLPIN (Limited Liability Partnership Identification Number) of Light Ray Advisors is AAF-7502. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Light Ray Advisors has 3 court cases on record: 2 filed by the LLP and 1 filed against it. 2 are pending. Most are in the high courts.
Light Ray Advisors was incorporated on 19 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Ramanuj Gopalan was appointed as Designated Partner on 25 Jan 2025. Vivek Kumar Mathur was appointed as Partner on 25 Jan 2025. Ramanuj Gopalan ceased to be Partner on 24 Jan 2025. Light Ray Advisors has 15 designated partner changes on record in total.