Logmein (India) Private Limited

Logmein (India) Private Limited - business outsourcing in Bengaluru, Karnataka, India. Directors, charges & compliance details.
CIN U74999KA2011FTC061106 Incorporated 09 November 2011 ROC Bangalore HQ Bengaluru, Karnataka, India
Merged Foreign Private Limited Company business outsourcing
Data last updated
Revenue · FY 2018
₹21.85 Cr
▲ 55% YoY
Net profit · FY 2018
₹2.08 Cr
Net margin 9.5%
EBITDA · FY 2018
₹3.87 Cr
EBITDA margin 17.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
31
Provident fund records
Directors on board
3
As per MCA filings

About Logmein (India) Private Limited

Data last updated:

Logmein (India) Private Limited was a foreign private limited company based in Bengaluru, Karnataka, India, operated as a subsidiary of Logmein Ireland Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business process outsourcing sector. It was incorporated on 09 November 2011.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2011FTC061106. Its GSTIN is 29AACCL1660Q1Z0 (Karnataka).

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Michael Joseph Donahue and Edward Kent Herdiech.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No.5 Prestige Khoday Tower 15th Floor Raj Bhavan Road, Bengaluru, Karnataka, India – 560001.

As per the financials filed for FY 2018, the company reported a revenue of ₹21.85 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Cr (net margin 9.5%) and EBITDA of ₹3.87 Cr (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.

The company had about 31 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: LogMeIn.

The last known website on record is logmein.com.

Company details

CIN U74999KA2011FTC061106
Registration Number 061106
Incorporation Date 09 November 2011
ROC Bangalore
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Parent Company Logmein Ireland Ltd
Compliance Status Active Compliant

CIN history

Logmein (India) has one previous CIN (Corporate Identification Number): U72200KA2011FTC061106. The current CIN is U74999KA2011FTC061106, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999KA2011FTC061106Current
U72200KA2011FTC061106Previous

Contact details

Logmein (India) Private Limited's registered office is in Bengaluru, Karnataka. Its website is logmein.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.5 Prestige Khoday Tower 15th Floor Raj Bhavan Road, Bengaluru, Karnataka, India – 560001
  • Industry
    Business Outsourcing, Business Process Outsourcing

To see the full contact details of Logmein (India) Private Limited, buy the company report.

Comprehensive company report
Logmein (India) Private Limited - one report that includes everything
  • 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
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Brands

Logmein (India) operates one associated brand: LogMeIn. Each brand links to its own profile.

BrandDescriptionWebsite
Remote access and IT support solutions are provided by LogMeIn.logmein.com

Business activity

The main business activity of Logmein (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Logmein (India) Private Limited, buy the company report.

Financials of Logmein (India) Private Limited

FY 2018 filings available

Logmein (India) Private Limited reported revenue of ₹21.85 Cr (up 55% YoY) for FY 2018.

Revenue · FY 2018
₹21.85 Cr ▲ 55%
Net profit · FY 2018
₹2.08 Cr margin 9.5%
EBITDA · FY 2018
₹3.87 Cr margin 17.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 48%

Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 55% growth in the latest year. EBITDA rose 54% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.87 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.08 Cr
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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin17.7%
Net Profit Margin9.5%
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 Logmein (India) Private Limited, buy the company report.

Board of directors of Logmein (India) Private Limited

Logmein (India) has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Michael Joseph DonahueDirector01 Mar 201610 Years 7 MonthsAs last reported
Edward Kent HerdiechDirector14 Jan 201511 Years 9 MonthsAs last reported
Rahul SharmaDirector03 Jul 201511 Years 3 MonthsAs last reported

Auditor

Logmein (India) Private Limited is audited by VASANTH & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
VASANTH & COFY 2017008204S

Shareholding

The shareholding of Logmein (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Logmein (India) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Logmein (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Logmein (India) Private Limited has a workforce of 31 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.

Employee count
31
Active EPFO establishments
1
Employee growth
34.78%

GST

Logmein (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCL1660Q1Z0KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Logmein (India) Private Limited, buy the company report.

Recent activity

Logmein (India) Private Limited has 12 board changes on record since 2011: 3 appointments and 9 cessations. The latest: Michael Joseph Donahue ceased to be Additional Director on 28 Sep 2016.

AGM
Logmein (India) Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Logmein (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Ceased
Michael Joseph Donahue ceased to be Additional Director.
Appointed
Michael Joseph Donahue was appointed as Director.
Ceased
Michael Kelly Simon ceased to be Director.
Ceased
Edward Kent Herdiech ceased to be Additional Director.
Ceased
Rahul Sharma ceased to be Additional Director.
Appointed
Rahul Sharma was appointed as Director.
Ceased
Anil Sharma ceased to be Director.
Ceased
James Francis Kelliher ceased to be Director.
Appointed
Edward Kent Herdiech was appointed as Director.
Ceased
Dakshana Murthy Nethra Anand ceased to be Additional Director.

3 earlier events are in the company report.

Frequently asked questions

Logmein (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Logmein (India) was a foreign private limited company based in Bengaluru, Karnataka, India. The company worked in business process outsourcing, within the business outsourcing industry. It was incorporated on 09 November 2011 and is registered under CIN U74999KA2011FTC061106. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Logmein (India) was incorporated on 09 November 2011. It is registered with the Registrar of Companies, Bangalore.

Logmein (India) had 3 directors:

The CIN (Corporate Identification Number) of Logmein (India) is U74999KA2011FTC061106. 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 Logmein (India) is at No.5 Prestige Khoday Tower 15th Floor Raj Bhavan Road, Bengaluru, Karnataka, India – 560001.

Logmein (India) can be reached through the website logmein.com. Its registered office is in Bengaluru, Karnataka, India.

The latest financial statements of Logmein (India) on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

The GSTIN of Logmein (India) is 29AACCL1660Q1Z0, registered in Karnataka.

Logmein (India) operated in the business outsourcing industry, in the business process outsourcing segment.