Luit Business Private Limited
About Luit Business Private Limited
Data last updated:
Luit Business Private Limited was a private limited company based in Guwahati, Assam, India. 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 services and investment segment of the financial services sector. It was incorporated on 17 February 1997.
The company was registered with the Registrar of Companies (ROC), Guwahati, under CIN U27101AS1997PTC004990.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹6.6 Lakh. It was led by directors Vijay Vashistha and Dinesh Chandra Karmakar.
Its last annual general meeting (AGM) was held on 22 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at C/O Santosh Bajaj House No.12 Hill View Colony, Guwahati, Assam, India – 781020.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.06 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹70,198 (net margin -17.3%) and EBITDA of ₹80,802 (EBITDA margin 19.9%). Revenue has grown at a compounded annual rate (CAGR) of 91% over three years.
Court records list 2 cases involving the company, including 2 filed by the company.
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- Registered AddressC/O Santosh Bajaj House No.12 Hill View Colony, Guwahati, Assam, India – 781020
- IndustryFinancial Services, Financial Activities
- 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
Business Activity of Luit Business Private Limited
The main business activity of Luit Business is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Luit Business Private Limited FY 2017 filings available
Luit Business Private Limited reported revenue of ₹4.06 Lakh (up 508% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Luit Business Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 91% over three years, including 508% growth in the latest year. EBITDA rose 37% 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 of Luit Business Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 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 | ₹80,802 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹70,198 | •••• | •••• | •••• |
| 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 of Luit Business Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 19.9% | •••• | •••• | •••• |
| Net Profit Margin | -17.3% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Luit Business are in the company report.
Financial statements from 2015
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.
Board of Directors of Luit Business Private Limited
Luit Business has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Vashistha | Director | 13 Feb 2017 | 9 Years 8 Months | As last reported |
| Dinesh Chandra Karmakar | Director | 13 Feb 2017 | 9 Years 8 Months | As last reported |
Peer Comparison of Luit Business Private Limited
Luit Business Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mokshagna Chit Fund Private Limited | ₹4.06 Lakh (FY 2023) | •••• | •••• | 152.0% | •••• | Vijayawada, Andhra Pradesh, India |
| KCG Nidhi India Limited | ₹4.06 Lakh (FY 2023) | •••• | •••• | 11.0% | •••• | Delhi, India |
| Upadan Commodities Private Limited | ₹4.06 Lakh (FY 2016) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| Bajrangbali Commodeal Private Limited | ₹4.06 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Kolkata, West Bengal, India |
| Dipshikha Samajik Unnayan Nidhi Limited | ₹4.06 Lakh (FY 2025) | •••• | •••• | 97.0% | •••• | Kolkata, West Bengal, India |
| Luit Business Private Limited this company | ₹4.06 Lakh (FY 2018) | •••• | •••• | 508.0% | •••• | Guwahati, Assam, India |
| Money Birds Private Limited | ₹4.05 Lakh (FY 2023) | •••• | •••• | •••• | Bhatjangla, West Bengal, India | |
| Nediyavila Chits Private Limited | ₹4.05 Lakh (FY 2024) | •••• | •••• | -42.0% | •••• | Kottarakkara, Kerala, India |
| Awadh Gram Vikash Nidhi Limited | ₹4.05 Lakh (FY 2023) | •••• | •••• | 0.0% | •••• | Pratapgarh, Uttar Pradesh, India |
| Vijayadhanam Nidhi Limited | ₹4.05 Lakh (FY 2025) | •••• | •••• | 145.0% | •••• | Thrissur, Kerala, India |
| Mahee Properties Private Limited | ₹4.05 Lakh (FY 2024) | •••• | •••• | •••• | Howrah, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Luit Business by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Luit Business Private Limited
Luit Business Private Limited is audited by S. SAMANTA & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. SAMANTA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Luit Business Private Limited
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 Luit Business Private Limited
Luit Business Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Luit Business Private Limited
Luit Business Private Limited has 2 court cases on record: 2 filed by Luit Business. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Gauhati High Court | Court case (MC) | Filed by the company against Union of India | Disposed |
| Gauhati High Court | Writ petition | Filed by the company against Union of India | Disposed |
Full case history
All 2 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 Luit Business Private Limited
Employment history and EPFO contributions of people linked to Luit Business.
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.
Group Structure of Luit Business Private Limited
Luit Business has 4 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Recent Activity on Luit Business Private Limited
Luit Business Private Limited has 13 board changes on record since 2011: 2 appointments and 11 cessations. The latest: Dinesh Chandra Karmakar ceased to be Additional Director on 22 Sep 2017.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Luit Business Private Limited
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 Luit Business Private Limited
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 Luit Business Private Limited
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 Luit Business Private Limited
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 Luit Business Private Limited
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.
Frequently Asked Questions about Luit Business Private Limited
Luit Business 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.
Luit Business was a private limited company based in Guwahati, Assam, India. The company worked in financial activities, within the financial services industry. It was incorporated on 17 February 1997 and is registered under CIN U27101AS1997PTC004990. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Luit Business was incorporated on 17 February 1997. It is registered with the Registrar of Companies, Guwahati.
Luit Business had 2 directors:
- Vijay Vashistha - Director
- Dinesh Chandra Karmakar - Director
The CIN (Corporate Identification Number) of Luit Business is U27101AS1997PTC004990. 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 Luit Business is at CO Santosh Bajaj House No.12 Hill View Colony, Guwahati, Assam, India – 781020.
Luit Business reported revenue of ₹4.06 Lakh for FY 2018 (up 508% YoY).
Luit Business has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹6.6 Lakh.
Luit Business reported a net loss of ₹70,198 (net margin -17.3%) and EBITDA of ₹80,802 (EBITDA margin 19.9%) for FY 2018, as per its filed financial statements.
Luit Business operated in the financial services industry, in the financial activities segment.
The compounded annual growth rate (CAGR) of the revenue of Luit Business is 91% over three years. In the latest year (FY 2018) revenue rose 508%. CAGR is the steady yearly rate that links the first and the last year.