About Launch IT Enterprise Development Private Limited
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Launch IT Enterprise Development Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN2014PTC097226. Its GSTIN is 33AACCL7343L1ZD (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Lakshminarayanan Srinivasan and Subramaniam Sundaram.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Third Floor #53/5(23/5) Dr.B. Narasimman Road T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.27 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹32.99 Lakh (net margin 10.1%) and EBITDA of ₹41.04 Lakh (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 15% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website launchitcorp.in.
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- Registered AddressThird Floor #53/5(23/5) Dr.B. Narasimman Road T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryInformation Technology, Application Development & Software Solutions
- 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
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Financials of Launch IT Enterprise Development Private Limited FY 2025 filings available
Launch IT Enterprise Development Private Limited reported revenue of ₹3.27 Cr (up 11% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Launch IT Enterprise Development Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 11% growth in the latest year. EBITDA fell 6% 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 Launch IT Enterprise Development Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.27 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹41.04 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹32.99 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 Launch IT Enterprise Development Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.1% | •••• | •••• | •••• | •••• |
| 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 Launch IT Enterprise Development 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.
Auditor Details of Launch IT Enterprise Development Private Limited
Launch IT Enterprise Development Private Limited is audited by SUNDAR SRINI & SRIDHAR for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUNDAR SRINI & SRIDHAR | 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 Launch IT Enterprise Development Private Limited
Launch IT Enterprise Development has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshminarayanan Srinivasan Also directs: Greater India Technical Services Private Limited | Director | 05 Sep 2014 | 12 Years 1 Months | Current |
| Subramaniam Sundaram | Director | 05 Sep 2014 | 12 Years 1 Months | Current |
| Hiram Cole Houghton | Director | 05 Sep 2014 | 12 Years 1 Months | Current |
Ownership and Shareholding of Launch IT Enterprise Development 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 Launch IT Enterprise Development Private Limited
Launch IT Enterprise Development Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Launch IT Enterprise Development Private Limited
Launch IT Enterprise Development Private Limited has a workforce of 22 employees as of Apr 03, 2024.
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.
Recent Activity on Launch IT Enterprise Development Private Limited
Launch IT Enterprise Development Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Hiram Cole Houghton was appointed as Director on 05 Sep 2014.
Credit Ratings, Litigation & Regulatory Alerts for Launch IT Enterprise Development 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
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MSME Payment Delays by Launch IT Enterprise Development 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 Launch IT Enterprise Development 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 Launch IT Enterprise Development Private Limited
Launch IT Enterprise Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCL7343L1ZD | Tamil Nadu | Active | 05 May 2018 |
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 Launch IT Enterprise Development 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 Launch IT Enterprise Development Private Limited
Launch IT Enterprise Development is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 September 2014 (12+ years old) and is registered under CIN U72300TN2014PTC097226.
Launch IT Enterprise Development reported revenue of ₹3.27 Cr for FY 2022 (up 11% YoY).
Launch IT Enterprise Development has 3 current directors:
- Lakshminarayanan Srinivasan - Director
- Subramaniam Sundaram - Director
- Hiram Cole Houghton - Director
Launch IT Enterprise Development reported a net profit of ₹32.99 Lakh (net margin 10.1%) and EBITDA of ₹41.04 Lakh (EBITDA margin 12.5%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Launch IT Enterprise Development is 6% over three years and 15% over five years. In the latest year (FY 2022) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Launch IT Enterprise Development is 33AACCL7343L1ZD, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Launch IT Enterprise Development is U72300TN2014PTC097226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Launch IT Enterprise Development was incorporated on 05 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
Hiram Cole Houghton was appointed as Director on 05 Sep 2014. Lakshminarayanan Srinivasan was appointed as Director on 05 Sep 2014. Subramaniam Sundaram was appointed as Director on 05 Sep 2014.
Launch IT Enterprise Development can be reached through the website launchitcorp.in. Its registered office is in Chennai, Tamil Nadu, India.