About Loginext Solutions Private Limited
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Loginext Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 21 February 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2014PTC253522. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2.55 Cr and a paid-up capital of ₹42.56 Lakh. It was led by directors Dhruvil Rajeshbhai Sanghvi and Manisha Raj Raisinghani.
Its last annual general meeting (AGM) was held on 25 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.43 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹75.44 Lakh and EBITDA of -₹74.24 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 43% over five years.
The company had about 64 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: LogiNext. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹29.54 Cr; the latest was in February 2020. Its 4 peer companies in the Information Technology industry (SaaS Providers), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 2 smaller; the largest is Taxrex Solutions Private Limited with revenue of ₹7.85 Lakh.
The last known website on record is loginextsolutions.com.
Company details
Contact details
Loginext Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is loginextsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressFlat No. 1901 Happiness Co – Op. Housing Society Ltd J.S. Dosa Marg Nr. Mulund Railway Stat, Ion (W), Mumbai, Maharashtra, India – 400080
- IndustryInformation Technology, SaaS (Software as a Service) Providers
To see the full contact details of Loginext 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
Brands
Loginext Solutions operates one associated brand: LogiNext. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based AI platform for transportation management and optimization is provided. | loginextsolutions.com |
Financials of Loginext Solutions Private Limited
FY 2021 filings availableLoginext Solutions Private Limited reported revenue of ₹7.43 Lakh (down 99% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 99% fall in the latest year. EBITDA rose 93% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.43 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹74.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹75.44 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Loginext Solutions Private Limited, buy the company report.
Board of directors of Loginext Solutions Private Limited
Loginext Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruvil Rajeshbhai Sanghvi Also directs: Tem Association | Director | 21 Feb 2014 | 12 Years 8 Months | As last reported |
| Manisha Raj Raisinghani Also directs: One 97 Communications Limited, Sifthub Technology Private Limited | Director | 21 Feb 2014 | 12 Years 8 Months | As last reported |
Peer comparison
Loginext Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (SaaS Providers), with 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 |
|---|---|---|---|---|---|---|
| Taxrex Solutions Private Limited | ₹7.85 Lakh (FY 2024) | 26.0% | Pinjore, Haryana, India | |||
| Nexfac Technologies Private Limited | ₹7.53 Lakh (FY 2024) | -80.0% | Gurugram, Haryana, India | |||
| Loginext Solutions Private Limitedthis company | ₹7.43 Lakh (FY 2021) | -₹75.44 Lakh | -99.0% | 64 | Mumbai, Maharashtra, India | |
| Innobits Solutions Private Limited | ₹7.41 Lakh (FY 2025) | -97.0% | Bangalore, Karnataka, India | |||
| Aibi Technology Private Limited | ₹6.43 Lakh (FY 2018) | 1093.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Loginext Solutions Private Limited, buy the company report.
Auditor
Loginext Solutions Private Limited is audited by LODHA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LODHA & CO | FY 2021 | 301051E |
Shareholding
The shareholding of Loginext Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Loginext Solutions Private Limited, buy the company report.
Deals & funding
Loginext Solutions Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹29.54 Cr; the latest was in February 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Loginext Solutions INC. Seller: 4 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Feb 2016 | Funding round | ₹26.54 Cr | Investors: One97 Mobility Fund |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: Essex Properties LLP Seller: Keragreen Floorings Private Limited |
| Apr 2015 | Funding round | ₹3 Cr | Investors: 4 individuals |
To see the full deal history of Loginext Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Loginext Solutions Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company by M/S. Minfy Technologies Private Limited | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by Gray Routes Innovative Distribution LLP | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Gray Routes Innovative Distribution LLP | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Gray Routes Innovative Distribution LLP | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by an individual | Disposed |
To see the full case history of Loginext Solutions Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Loginext Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Loginext Solutions Private Limited has a workforce of 64 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Loginext Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Loginext Solutions Private Limited, buy the company report.
Recent activity
Loginext Solutions Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Ajit Kumar Surana ceased to be Nominee Director on 16 Oct 2015.
News
Frequently asked questions
Loginext Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Loginext Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in saas (software as a service) providers, within the information technology industry. It was incorporated on 21 February 2014 and is registered under CIN U63090MH2014PTC253522. The company has been struck off by the Registrar of Companies and is no longer operational.
Loginext Solutions had 2 directors:
- Dhruvil Rajeshbhai Sanghvi - Director
- Manisha Raj Raisinghani - Director
The CIN (Corporate Identification Number) of Loginext Solutions is U63090MH2014PTC253522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Loginext Solutions is at Flat No. 1901 Happiness Co – Op. Housing Society Ltd J.S. Dosa Marg Nr. Mulund Railway Stat, Ion W, Mumbai, Maharashtra, India – 400080.
Loginext Solutions was incorporated on 21 February 2014. It is registered with the Registrar of Companies, Mumbai.
Loginext Solutions can be reached through the website loginextsolutions.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Loginext Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 October 2021. Year-wise statements from 2015 are in the company report.
No. Loginext Solutions has 1 GST registration on record and it is cancelled or inactive.
Loginext Solutions operated in the information technology industry, in the saas (software as a service) providers segment. It worked in this industry before it was struck off.
Loginext Solutions has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹29.54 Cr; the latest was in February 2020.