About Let's Bridge IT Private Limited
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Let's Bridge IT Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 22 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2007PTC170918. Its GSTIN is 27AABCL3518N1ZA (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Let'S Bridge It (Bangalore) Private Limited. It is led by directors Ravinder Singh Panesar and Iris Maria Becker.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.79 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹15.81 Lakh (net margin 8.8%) and EBITDA of ₹24.1 Lakh (EBITDA margin 13.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lets-bridge-it.com.
Company details
CIN history
Let's Bridge IT has one previous CIN (Corporate Identification Number): U72900KA2007PTC043656. The current CIN is U72900PN2007PTC170918, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900PN2007PTC170918 | Current |
| U72900KA2007PTC043656 | Previous |
Contact details
Let's Bridge IT Private Limited's registered office is in Pune, Maharashtra. Its website is lets-bridge-it.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOff No. 901 9th Fl Kanchanban B Sunit Capital Cts 967 Plno 397 Plno. 2 Senapati Bapa, T Road, Pune, Maharashtra, India – 411016
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Let's Bridge IT 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
Business activity
The main business activity of Let's Bridge IT is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Let's Bridge IT Private Limited, buy the company report.
Financials of Let's Bridge IT Private Limited
FY 2024 filings availableLet's Bridge IT Private Limited reported revenue of ₹1.79 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 7% fall in the latest year. EBITDA fell 12% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹24.1 Lakh | ||||
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| Net Profit (PAT) | ₹15.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | 8.8% | ||||
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To see the full financial statements and ratios of Let's Bridge IT Private Limited, buy the company report.
Board of directors of Let's Bridge IT Private Limited
Let's Bridge IT 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 |
|---|---|---|---|---|
| Ravinder Singh Panesar | Director | 28 Feb 2020 | 6 Years 8 Months | Current |
| Iris Maria Becker | Director | 29 Nov 2008 | 17 Years 11 Months | Current |
Auditor
Let's Bridge IT Private Limited is audited by G K N & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G K N & CO | FY 2020 | 113574W |
Shareholding
The shareholding of Let's Bridge IT Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Let's Bridge IT Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Let's Bridge IT 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 Let's Bridge IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Let's Bridge IT has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCL3518N1ZA | Maharashtra | Active | 01 Nov 2017 |
To see the full GST registrations and return filing status of Let's Bridge IT Private Limited, buy the company report.
Recent activity
Let's Bridge IT Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Ravinder Singh Panesar ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Let's Bridge IT is an active private limited company based in Pune, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 22 August 2007 (19+ years old) and is registered under CIN U72900PN2007PTC170918.
Let's Bridge IT has 2 current directors:
- Ravinder Singh Panesar - Director
- Iris Maria Becker - Director
The latest financial statements of Let's Bridge IT on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Let's Bridge IT is 27AABCL3518N1ZA, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Let's Bridge IT is U72900PN2007PTC170918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Let's Bridge IT was incorporated on 22 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Ravinder Singh Panesar ceased to be Additional Director on 31 Dec 2020. Rupert Picardo ceased to be Director on 02 Jul 2020. Ravinder Singh Panesar was appointed as Director on 28 Feb 2020. Let's Bridge IT has 6 board changes on record in total.
Let's Bridge IT can be reached through the website lets-bridge-it.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Let's Bridge IT is at Off No. 901 9th Fl Kanchanban B Sunit Capital Cts 967 Plno 397 Plno. 2 Senapati Bapa, T Road, Pune, Maharashtra, India – 411016.
Let's Bridge IT operates in the business outsourcing industry, in the business and IT consulting segment.