About Lai Televentures Limited
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Lai Televentures Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 20 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PLC226274. Its GSTIN is 27AACCL1760H3ZK (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Krishi Trade Ventures Limited and Krishi Trade Limited. It is led by directors including Pramod Tukaram Wakode and Naga Satyanarayana Kosuru.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C – 6 Type Building No – 19 Third Floor Office No – 2 Sector – 6 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.8 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹6.69 Lakh (net margin -238.5%) and EBITDA of -₹6.68 Lakh (EBITDA margin -238.4%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years.
The company is associated with 1 brand: Krishi Trade.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website krishitrade.com.
Company details
Name history
Lai Televentures has undergone 4 name changes throughout its history. The current legal name is Lai Televentures Limited.
| Company Name | Status |
|---|---|
| Lai Televentures Limited | Current |
| Krishi Trade Ventures Limited | Previous |
| Krishi Trade Limited | Previous |
| Krishi Trade Fin Tech Limited | Previous |
| Lai Televentures Private Limited | Previous |
CIN history
Lai Televentures has one previous CIN (Corporate Identification Number): U74999MH2012PTC226274. The current CIN is U74999MH2012PLC226274, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2012PLC226274 | Current |
| U74999MH2012PTC226274 | Previous |
Contact details
Lai Televentures Limited's registered office is in Navi Mumbai, Maharashtra. Its website is krishitrade.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 6 Type Building No – 19 Third Floor Office No – 2 Sector – 6 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Lai Televentures 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
Lai Televentures operates one associated brand: Krishi Trade. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| SaaS-based marketplace for insured farm produce trading is offered. | krishitrade.com |
Business activity
The main business activity of Lai Televentures is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Lai Televentures Limited, buy the company report.
Financials of Lai Televentures Limited
FY 2021 filings availableLai Televentures Limited reported revenue of ₹2.8 Lakh (down 99% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over three years, including a 99% fall in the latest year. EBITDA fell 184% 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 | ₹2.8 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.69 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | -238.4% | ||||
| Net Profit Margin | -238.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Lai Televentures Limited, buy the company report.
Board of directors of Lai Televentures Limited
Lai Televentures has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Tukaram Wakode Also directs: Brewease Foodproducts LLP, Trade Veritas Global Private Limited, Yuzen Consultancy Services Private Limited and 2 more | Director | 30 Apr 2022 | 4 Years 5 Months | Current |
| Naga Satyanarayana Kosuru Also directs: Somaskanda Agro Resources Private Limited, Somaskanda Exims Private Limited, Anaga Paper Mills Private Limited and 3 more | Director | 30 Apr 2022 | 4 Years 5 Months | Current |
| Ankush Maruti Shelar Also directs: Load Dial Services Private Limited | Director | 07 Oct 2020 | 6 Years 0 Months | Current |
| Mukesh Manakchand Gandhi | Additional Director | 03 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Lai Televentures Limited is audited by DEVMANI SHETTY AND ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVMANI SHETTY AND ASSOCIATES | FY 2021 | 131172 |
Shareholding
The shareholding of Lai Televentures 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 Lai Televentures Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lai Televentures 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 Lai Televentures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lai Televentures has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCL1760H3ZK | Maharashtra | Active | 05 Jul 2017 |
To see the full GST registrations and return filing status of Lai Televentures Limited, buy the company report.
Recent activity
Lai Televentures Limited has 15 board changes on record since 2012: 4 appointments and 11 cessations. The latest: Naga Satyanarayana Kosuru was appointed as Director on 30 Apr 2022.
6 earlier events are in the company report.
Frequently asked questions
Lai Televentures is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 20 January 2012 (14+ years old) and is registered under CIN U74999MH2012PLC226274.
Lai Televentures has 4 current directors:
- Pramod Tukaram Wakode - Director
- Naga Satyanarayana Kosuru - Director
- Ankush Maruti Shelar - Director
- Mukesh Manakchand Gandhi - Additional Director
The latest financial statements of Lai Televentures on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Lai Televentures is 27AACCL1760H3ZK, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Lai Televentures is U74999MH2012PLC226274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lai Televentures was incorporated on 20 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Naga Satyanarayana Kosuru was appointed as Director on 30 Apr 2022. Pramod Tukaram Wakode was appointed as Director on 30 Apr 2022. Sachin Pradeep Nikumbh ceased to be Director on 30 Apr 2022. Lai Televentures has 15 board changes on record in total.
Lai Televentures can be reached through the website krishitrade.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Lai Televentures is at C – 6 Type Building No – 19 Third Floor Office No – 2 Sector – 6 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
Lai Televentures operates in the internet industry, in the online service marketplaces segment.