About Lok Management Services Private Limited
Data last updated:
Lok Management Services Private Limited was a private limited company based in Bengaluru, Karnataka, India, operated as a subsidiary of Fincare Business Services Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial product distributors segment of the financial services sector. It was incorporated on 11 October 2012.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2012PTC066254. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹22 Cr and a paid-up capital of ₹18.63 Cr. It was formerly known as Lok Financial Services Private Limited. It was led by directors including Sunakshi Agarwal (Whole-Time Director) and Peravali Satyanarayana.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at #79/7 3rd Floor K. No.1202 Bellandur Varthur Hobli, Bengaluru, Karnataka, India – 560102.
As per the financials filed for FY 2019, the company reported a revenue of ₹26.07 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹13.35 Cr (net margin 51.2%) and EBITDA of ₹19.39 Cr (EBITDA margin 74.4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.
The company had about 47 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 22 cases involving the company, including 21 filed by the company and 1 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in September 2016. Its 3 peer companies in the BFSI industry (Financial Instrument Distributors), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 1 smaller; the largest is Symphonia Wealth Private Limited with revenue of ₹29.77 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is fincare.com.
Company details
CIN history
Lok Management Services has one previous CIN (Corporate Identification Number): U67190KA2012PTC066254. The current CIN is U74900KA2012PTC066254, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900KA2012PTC066254 | Current |
| U67190KA2012PTC066254 | Previous |
Contact details
Lok Management Services Private Limited's registered office is in Bengaluru, Karnataka. Its website is fincare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#79/7 3rd Floor K. No.1202 Bellandur Varthur Hobli, Bengaluru, Karnataka, India – 560102
- IndustryFinancial Services, Financial Product Distributors
To see the full contact details of Lok Management Services 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 Lok Management Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Lok Management Services Private Limited, buy the company report.
Financials of Lok Management Services Private Limited
FY 2019 filings availableLok Management Services Private Limited reported revenue of ₹26.07 Cr (down 34% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over three years, including a 34% fall in the latest year. EBITDA rose 17% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.35 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 74.4% | ||||
| Net Profit Margin | 51.2% | ||||
| 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 Lok Management Services Private Limited, buy the company report.
Board of directors of Lok Management Services Private Limited
Lok Management Services has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peravali Satyanarayana | Director | 18 May 2017 | 9 Years 5 Months | As last reported |
| Aarti Vimalchand Punmiya | Director | 18 May 2017 | 9 Years 5 Months | As last reported |
| Sunakshi Agarwal | Whole-Time Director | 18 May 2017 | 9 Years 5 Months | As last reported |
Peer comparison
Lok Management Services Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Financial Instrument Distributors), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Symphonia Wealth Private Limited | ₹29.77 Cr (FY 2025) | 27.0% | Pune, Maharashtra, India | |||
| Ar Digital Wealth Private Limited | ₹29.2 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Lok Management Services Private Limitedthis company | ₹26.07 Cr (FY 2019) | ₹13.35 Cr | 51.2% | -34.0% | 47 | Bengaluru, Karnataka, India |
| Banksathi Technologies and Insurance Corporate Agency Private Limited | ₹23.33 Cr (FY 2025) | -66.0% | New Delhi, Delhi, India |
To see the full peer comparison of Lok Management Services Private Limited, buy the company report.
Auditor
Lok Management Services Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2019 | 001076N/N500013 |
Shareholding
The shareholding of Lok Management Services Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Lok Management Services Private Limited, buy the company report.
Deals & funding
Lok Management Services Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in September 2016.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Funding round | ₹5 Cr | Investors: India Finserve Advisors Private Limited |
To see the full deal history of Lok Management Services 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
Lok Management Services Private Limited has 22 court cases on record: 21 filed by Lok Management Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CRL.P) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Lok Management Services 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
Lok Management Services Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Connoiseur Electronics Private Limited |
To see the full MSME payment records of Lok Management Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lok Management Services Private Limited has a workforce of 47 employees on its EPFO records as of Apr 27, 2024, across 1 active EPFO establishment.
GST
Lok Management Services has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Lok Management Services Private Limited, buy the company report.
Recent activity
Lok Management Services Private Limited has 9 board changes on record since 2015: 3 appointments and 6 cessations. The latest: Aarti Vimalchand Punmiya ceased to be Additional Director on 22 May 2017.
News
Frequently asked questions
Lok Management Services 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.
Lok Management Services was a private limited company based in Bengaluru, Karnataka, India. The company worked in financial product distributors, within the financial services industry. It was incorporated on 11 October 2012 and is registered under CIN U74900KA2012PTC066254. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Lok Management Services was incorporated on 11 October 2012. It is registered with the Registrar of Companies, Bangalore.
Lok Management Services had 3 directors:
- Sunakshi Agarwal - Whole-Time Director
- Peravali Satyanarayana - Director
- Aarti Vimalchand Punmiya - Director
The CIN (Corporate Identification Number) of Lok Management Services is U74900KA2012PTC066254. 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 Lok Management Services is at #797 3rd Floor K. No.1202 Bellandur Varthur Hobli, Bengaluru, Karnataka, India – 560102.
Lok Management Services can be reached through the website fincare.com. Its registered office is in Bengaluru, Karnataka, India.
The latest financial statements of Lok Management Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Lok Management Services has 2 GST registrations on record and all of them are cancelled or inactive.
Lok Management Services operated in the financial services industry, in the financial product distributors segment.
Lok Management Services has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in September 2016.
The peers of Lok Management Services by revenue are Symphonia Wealth Private Limited, Ar Digital Wealth Private Limited, Banksathi Technologies and Insurance Corporate Agency Private Limited, all in the BFSI industry (Financial Instrument Distributors), with the same principal business activity (other financial activities).