About Latitude Edutech Consulting Private Limited
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Latitude Edutech Consulting Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the elearning and digital education segment of the education sector. It was incorporated on 08 April 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U80300KA2011PTC058066. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.67 Lakh. It was led by directors Nandita Nina Shenoy and Satish Shenoy.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at B – 1 Hulkul Residency No.81 Lavelle Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2018, the company reported a revenue of ₹23.71 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹5.04 Lakh (net margin 21.3%) and EBITDA of ₹5.14 Lakh (EBITDA margin 21.7%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
The company was associated with 1 brand: Latitude Edutech Consulting. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in May 2017.
The last known website on record is latitudegroup.in.
Company details
Contact details
Latitude Edutech Consulting Private Limited's registered office is in Bangalore, Karnataka. Its website is latitudegroup.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 1 Hulkul Residency No.81 Lavelle Road, Bangalore, Karnataka, India – 560001
- IndustryEducation, eLearning & Digital Education, Corporate Training & Development, EdTech Solutions
To see the full contact details of Latitude Edutech Consulting 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
Brands
Latitude Edutech Consulting operates one associated brand: Latitude Edutech Consulting. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technical solutions provider | latitudegroup.in |
Financials of Latitude Edutech Consulting Private Limited
FY 2018 filings availableLatitude Edutech Consulting Private Limited reported revenue of ₹23.71 Lakh (down 55% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 55% fall in the latest year. EBITDA rose 107% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹5.14 Lakh | |||
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| Net Profit (PAT) | ₹5.04 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 21.7% | |||
| Net Profit Margin | 21.3% | |||
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To see the full financial statements and ratios of Latitude Edutech Consulting Private Limited, buy the company report.
Board of directors of Latitude Edutech Consulting Private Limited
Latitude Edutech Consulting has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandita Nina Shenoy | Director | 02 May 2018 | 8 Years 6 Months | As last reported |
| Satish Shenoy | Director | 08 Apr 2011 | 15 Years 7 Months | As last reported |
Auditor
Latitude Edutech Consulting Private Limited is audited by SHENOY & KAMATH for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHENOY & KAMATH | FY 2016 | 006673S |
Shareholding
The shareholding of Latitude Edutech Consulting 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 category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Latitude Edutech Consulting Private Limited, buy the company report.
Deals & funding
Latitude Edutech Consulting Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in May 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Nature Eco Ventures |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Aarin Capital |
| Mar 2014 | Funding round | ₹1.5 Cr | Investors: Nature Eco Ventures, Aarin Capital, Sarans Productivity Action Research & Kaizen Consultants Private Limited |
| Nov 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Latitude Edutech Consulting Private 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 Latitude Edutech Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Latitude Edutech Consulting has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Latitude Edutech Consulting Private Limited, buy the company report.
Recent activity
Latitude Edutech Consulting Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Nandita Nina Shenoy ceased to be Additional Director on 30 Sep 2018.
Frequently asked questions
Latitude Edutech Consulting has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Latitude Edutech Consulting was a private limited company based in Bangalore, Karnataka, India. The company worked in elearning and digital education, within the education industry. It was incorporated on 08 April 2011 and is registered under CIN U80300KA2011PTC058066. The company has been struck off by the Registrar of Companies and is no longer operational.
Latitude Edutech Consulting had 2 directors:
- Nandita Nina Shenoy - Director
- Satish Shenoy - Director
The CIN (Corporate Identification Number) of Latitude Edutech Consulting is U80300KA2011PTC058066. 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 Latitude Edutech Consulting is at B – 1 Hulkul Residency No.81 Lavelle Road, Bangalore, Karnataka, India – 560001.
Latitude Edutech Consulting was incorporated on 08 April 2011. It is registered with the Registrar of Companies, Bangalore.
Latitude Edutech Consulting can be reached through the website latitudegroup.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Latitude Edutech Consulting on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Latitude Edutech Consulting has 1 GST registration on record and it is cancelled or inactive.
Latitude Edutech Consulting operated in the education industry, in the elearning and digital education segment. It worked in this industry before it was struck off.
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