Legitimate Assets Operators Private Limited
About Legitimate Assets Operators Private Limited
Data last updated:
Legitimate Assets Operators Private Limited was a private limited company based in Mumbai, Maharashtra, 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 business and IT consulting segment of the business process outsourcing sector. It was incorporated on 11 February 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2014PTC253097. The company has 5 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr. It was led by directors Prakash Gupta and Maheshkumar Girdhar Dingliwal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 3rd Floor Block A Orchid City Centre Mall 225 Belasis Road Mumbai Central, Maharashtra, India – 400008.
As per the financials filed for FY 2017, the company reported a revenue of ₹286.14 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Cr (net margin 0.4%) and EBITDA of ₹125.39 Cr (EBITDA margin 43.8%).
As per MCA filings, the company had satisfied charges of ₹275 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹24.99 Cr; the latest was in November 2014.
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- Registered Address3rd Floor Block A Orchid City Centre Mall 225 Belasis Road Mumbai Central, Maharashtra, India – 400008
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Legitimate Assets Operators Private Limited
The main business activity of Legitimate Assets Operators is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. 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 Legitimate Assets Operators Private Limited FY 2017 filings available
Legitimate Assets Operators Private Limited reported revenue of ₹286.14 Cr (up 40% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Legitimate Assets Operators Private Limited
Revenue rose 40% in the latest year. EBITDA rose 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Legitimate Assets Operators Private Limited
| Metrics | 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 | ₹125.39 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.24 Cr | •••• | •••• |
| 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 Legitimate Assets Operators Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 43.8% | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• |
| 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 Legitimate Assets Operators 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 Legitimate Assets Operators Private Limited
Legitimate Assets Operators Private Limited is audited by NANDOO & CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NANDOO & 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 Legitimate Assets Operators Private Limited
Legitimate Assets Operators 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 |
|---|---|---|---|---|
| Prakash Gupta | Director | 26 Feb 2015 | 11 Years 7 Months | As last reported |
| Maheshkumar Girdhar Dingliwal Also directs: Rigu Consultants Private Limited | Director | 11 Feb 2014 | 12 Years 7 Months | As last reported |
Ownership and Shareholding of Legitimate Assets Operators 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 Legitimate Assets Operators Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2014 | Axis Bank Limited | ₹275 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Legitimate Assets Operators Private Limited
Legitimate Assets Operators Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹24.99 Cr; the latest was in November 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2014 | Funding round | ₹24.99 Cr | Investors: Panah Traders & Merchants Private Limited , Edmon Trading Private Limited , Aski Wholesalers Private Limited |
Full deal history
All 1 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.
Employees and EPFO Compliance at Legitimate Assets Operators Private Limited
Employment history and EPFO contributions of people linked to Legitimate Assets Operators.
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 Legitimate Assets Operators Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Legitimate Assets Operators 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 Legitimate Assets Operators 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 Legitimate Assets Operators 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 Legitimate Assets Operators Private Limited
Legitimate Assets Operators has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Legitimate Assets Operators 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 Legitimate Assets Operators Private Limited
Legitimate Assets Operators 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.
Legitimate Assets Operators was a private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 11 February 2014 and is registered under CIN U70102MH2014PTC253097. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Legitimate Assets Operators was incorporated on 11 February 2014. It is registered with the Registrar of Companies, Mumbai.
Legitimate Assets Operators had 2 directors:
- Prakash Gupta - Director
- Maheshkumar Girdhar Dingliwal - Director
The CIN (Corporate Identification Number) of Legitimate Assets Operators is U70102MH2014PTC253097. 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 Legitimate Assets Operators is at 3rd Floor Block A Orchid City Centre Mall 225 Belasis Road Mumbai Central, Maharashtra, India – 400008.
Legitimate Assets Operators reported revenue of ₹286.14 Cr for FY 2017 (up 40% YoY).
Legitimate Assets Operators has an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr.
Legitimate Assets Operators reported a net profit of ₹1.24 Cr (net margin 0.4%) and EBITDA of ₹125.39 Cr (EBITDA margin 43.8%) for FY 2017, as per its filed financial statements.