About Lapsina Technology Private Limited
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Lapsina Technology Private Limited is a private limited company based in Ambasamudram, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 27 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U52100TN2017PTC117287. Its GSTIN is 33AADCL3509P1ZC (Tamil Nadu).
The company has an authorised share capital of ₹8.2 Lakh and a paid-up capital of ₹7.6 Lakh. It is led by directors including Palanirajan Velayutham and Issac Arulraj Devaraj.
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 is at 2/2 Weavers Colony South Kallidaikurichi, Ambasamudram, Tamil Nadu, India – 627416.
As per the financials filed for FY 2019, the company reported a revenue of ₹13.36 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.15 Lakh (net margin 16.1%) and EBITDA of ₹1.85 Lakh (EBITDA margin 13.9%).
The company is associated with 1 brand: Ruralbasket. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹36.88 Cr; the latest was in December 2020. Its 10 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce) are compared by revenue, 5 larger and 5 smaller; the largest is Ultronone Infotech Private Limited with revenue of ₹13.57 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ruralbasket.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address2/2 Weavers Colony South Kallidaikurichi, Ambasamudram, Tamil Nadu, India – 627416
- IndustryE-Commerce, General E-Commerce Platforms
- 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 Lapsina Technology Private Limited
The main business activity of Lapsina Technology is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Lapsina Technology Private Limited FY 2019 filings available
Lapsina Technology Private Limited reported revenue of ₹13.36 Lakh (up 11607% YoY) for FY 2019.
Financial Statement Summary of Lapsina Technology Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹13.36 Lakh | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹1.85 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹2.15 Lakh | •••• |
| 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 Lapsina Technology Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.9% | •••• |
| Net Profit Margin | 16.1% | •••• |
| 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 Lapsina Technology are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Lapsina Technology Private Limited
Lapsina Technology Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ultronone Infotech Private Limited | ₹13.57 Lakh (FY 2019) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Renit E-Commerce Private Limited | ₹13.49 Lakh (FY 2025) | •••• | •••• | 55.0% | •••• | Jaipur, Rajasthan, India |
| Furnikraft Solution Private Limited | ₹13.47 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Bhubaneswar, Odisha, India |
| Loophoop Private Limited | ₹13.42 Lakh (FY 2024) | •••• | •••• | 120.0% | •••• | Gurugram, Haryana, India |
| Deals On Door Services Private Limited | ₹13.4 Lakh (FY 2019) | •••• | •••• | 58.0% | •••• | Auraiya, Uttar Pradesh, India |
| Lapsina Technology Private Limited this company | ₹13.36 Lakh (FY 2019) | •••• | •••• | 11607.0% | •••• | Ambasamudram, Tamil Nadu, India |
| Homewibe Global Private Limited | ₹13.35 Lakh (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Yesha Sant Designs Private Limited | ₹13.33 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | Bhopal, Madhya Pradesh, India |
| Vansia E-Com Private Limited | ₹13.33 Lakh (FY 2025) | •••• | •••• | 1212.0% | •••• | Bharuch, Gujarat, India |
| Dewlets Ecosmartlabs Private Limited | ₹13.29 Lakh (FY 2024) | •••• | •••• | 31.0% | •••• | Channapatna, Karnataka, India |
| Garmin India Private Limited | ₹13.22 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Lapsina Technology by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), 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 Lapsina Technology Private Limited
Lapsina Technology Private Limited is audited by R RAGHUNATHAN & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R RAGHUNATHAN & 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.
Board of Directors of Lapsina Technology Private Limited
Lapsina Technology has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanirajan Velayutham | Director | 27 Jun 2017 | 9 Years 3 Months | Current |
| Vijayan Subramanian Also directs: Tamil Nadu Sports & Entertainment LLP, Nextgen Buildease LLP, Ekorise Products Private Limited and 5 more | Additional Director | 28 Apr 2021 | 5 Years 5 Months | Current |
| Issac Arulraj Devaraj | Director | 27 Sep 2019 | 7 Years 0 Months | Current |
Ownership and Shareholding of Lapsina Technology 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 Lapsina Technology Private Limited
Lapsina Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Lapsina Technology Private Limited
Lapsina Technology Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹36.88 Cr; the latest was in December 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Funding round | ₹36.88 Cr | Investors: Nativelead Foundation |
| Oct 2020 | Rights issue | ₹1 Lakh | Investors: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Lapsina Technology Private Limited
Lapsina Technology operates one associated brand: Ruralbasket. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform delivery grocery items from farm to home | ruralbasket.com |
Employees and EPFO Compliance at Lapsina Technology Private Limited
Employment history and EPFO contributions of people linked to Lapsina Technology.
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.
CIN History of Lapsina Technology Private Limited
Lapsina Technology has one previous CIN (Corporate Identification Number): U74999TN2017PTC117287. The current CIN is U52100TN2017PTC117287, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100TN2017PTC117287 | Current |
| U74999TN2017PTC117287 | Previous |
Recent Activity on Lapsina Technology Private Limited
Lapsina Technology Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Issac Arulraj Devaraj ceased to be Director on 25 Jul 2022.
Credit Ratings, Litigation & Regulatory Alerts for Lapsina Technology 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 Lapsina Technology 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 Lapsina Technology 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 Lapsina Technology Private Limited
Lapsina Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCL3509P1ZC | Tamil Nadu | Active | 13 Oct 2017 |
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 Lapsina Technology 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.
Related news about Lapsina Technology Private Limited
Articles about Lapsina Technology Private Limited on our blog
- Funding in Indian Startups (December 7-12)15 Dec 2020
Frequently Asked Questions about Lapsina Technology Private Limited
Lapsina Technology is an active private limited company based in Ambasamudram, Tamil Nadu, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 27 June 2017 (9+ years old) and is registered under CIN U52100TN2017PTC117287.
Lapsina Technology reported revenue of ₹13.36 Lakh for FY 2019 (up 11607% YoY).
Lapsina Technology has 3 current directors:
- Palanirajan Velayutham - Director
- Vijayan Subramanian - Additional Director
- Issac Arulraj Devaraj - Director
Lapsina Technology reported a net profit of ₹2.15 Lakh (net margin 16.1%) and EBITDA of ₹1.85 Lakh (EBITDA margin 13.9%) for FY 2019, as per its filed financial statements.
The GSTIN of Lapsina Technology is 33AADCL3509P1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Lapsina Technology is U52100TN2017PTC117287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lapsina Technology was incorporated on 27 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
Lapsina Technology has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹36.88 Cr; the latest was in December 2020.
The peers of Lapsina Technology by revenue are Ultronone Infotech Private Limited, Renit E-Commerce Private Limited, Furnikraft Solution Private Limited, Loophoop Private Limited, Deals On Door Services Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Issac Arulraj Devaraj ceased to be Director on 25 Jul 2022. Vijayan Subramanian was appointed as Additional Director on 28 Apr 2021. Rajaram Sandhiya ceased to be Director on 31 Dec 2020. Lapsina Technology has 6 board changes on record in total.
Yes, Lapsina Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).