- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-19-0101286

Local Bandhan Private Limited
About Local Bandhan Private Limited
Data last updated:
Local Bandhan Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 09 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92490MH2021PTC369153. Its GSTIN is 27AAECL7814J1Z8 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Sagar Yeshwant Pagar (Managing Director) and Snehal Manik Jagtap.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 207A 2nd Floor The Enterprise Society Prabhadevi Industrial Estate, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.09 Lakh. For the same year it recorded a net loss of ₹2.73 Lakh (net margin -88.5%) and EBITDA of -₹2.64 Lakh (EBITDA margin -85.5%).
Local Bandhan Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0101286).
Company details
Recognitions & Rankings of Local Bandhan
Contact details
Local Bandhan Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address207A 2nd Floor The Enterprise Society Prabhadevi Industrial Estate, Mumbai, Maharashtra, India – 400025
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Local Bandhan 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 Local Bandhan is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Local Bandhan Private Limited, buy the company report.
Financials of Local Bandhan Private Limited
FY 2023 filings availableLocal Bandhan Private Limited reported revenue of ₹3.09 Lakh for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹3.09 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹2.64 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.73 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -85.5% | |
| Net Profit Margin | -88.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Local Bandhan Private Limited, buy the company report.
Board of directors of Local Bandhan Private Limited
Local Bandhan has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Snehal Manik Jagtap | Director | 09 Oct 2021 | 5 Years 0 Months | Current |
| Amit Thakur Kunwar Singh Also directs: Vishwanath Metal Tech LLP | Director | 09 Oct 2021 | 5 Years 0 Months | Current |
| Sandeep Vasant Redkar Also directs: Shree Gokulam Nisargayan LLP, Mitokondria Productions LLP, Rajmudra Hospitality Private Limited and 2 more | Director | 07 Nov 2022 | 3 Years 11 Months | Current |
| Sagar Yeshwant Pagar | Managing Director | 09 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Local Bandhan Private Limited is audited by Vaishampayan & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vaishampayan & Associates | FY 2023 | 111226W |
Shareholding
The shareholding of Local Bandhan Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Local Bandhan Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Local Bandhan 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 Local Bandhan Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Local Bandhan Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Local Bandhan has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECL7814J1Z8 | Maharashtra | Active | 30 Oct 2021 |
To see the full GST registrations and return filing status of Local Bandhan Private Limited, buy the company report.
Recent activity
Local Bandhan Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Sandeep Vasant Redkar ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Local Bandhan is an active private limited company based in Mumbai, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 09 October 2021 (5+ years old) and is registered under CIN U92490MH2021PTC369153.
Local Bandhan has 4 current directors:
- Sagar Yeshwant Pagar - Managing Director
- Snehal Manik Jagtap - Director
- Amit Thakur Kunwar Singh - Director
- Sandeep Vasant Redkar - Director
The latest financial statements of Local Bandhan on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Local Bandhan is 27AAECL7814J1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Local Bandhan is U92490MH2021PTC369153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Local Bandhan was incorporated on 09 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Sandeep Vasant Redkar ceased to be Additional Director on 29 Sep 2023. Sandeep Vasant Redkar was appointed as Director on 07 Nov 2022. Sagar Yeshwant Pagar ceased to be Director on 27 Oct 2021. Local Bandhan has 6 board changes on record in total.
Yes, Local Bandhan is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0101286).
The registered office of Local Bandhan is at 207A 2nd Floor The Enterprise Society Prabhadevi Industrial Estate, Mumbai, Maharashtra, India – 400025.
Local Bandhan operates in the internet industry, in the online service marketplaces segment.