About Letz Connect Technologies Private Limited
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Letz Connect Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 23 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2016PTC104860. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.68 Cr and a paid-up capital of ₹1.53 Cr. It is led by directors including Girubakar Muthuvelpadian and Aarati Ghana Shyam.
Its last annual general meeting (AGM) was held on 04 April 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 56A Vijayshanthi Apartments Kalakshetra Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.7 Cr. For the same year it recorded a net loss of ₹1.6 Cr (net margin -93.9%) and EBITDA of -₹80.02 Lakh (EBITDA margin -47.1%). Revenue has grown at a compounded annual rate (CAGR) of 156% over three years and 108% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: LetzConnect. The company has 10 deals on record (5 rights issues, 2 acquisitions, 2 funding rounds), with disclosed funding of ₹4.37 Cr; the latest was in November 2019. Its 10 peer companies in the Ecommerce and Internet industry (Education) are compared by revenue, 5 larger and 5 smaller; the largest is Gyan-Darshan Education Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website letzconnect.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 56A Vijayshanthi Apartments Kalakshetra Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041
- IndustryInternet, Online Education & Learning 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 Letz Connect Technologies Private Limited
The main business activity of Letz Connect Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Letz Connect Technologies Private Limited FY 2024 filings available
Letz Connect Technologies Private Limited reported revenue of ₹1.7 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR) of Letz Connect Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 108% over five years. 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 Letz Connect Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹80.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.6 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Letz Connect Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -47.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -93.9% | •••• | •••• | •••• | •••• |
| 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 Letz Connect Technologies are in the company report.
Financial statements from FY 2016
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 Letz Connect Technologies Private Limited
Letz Connect Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Education). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gyan-Darshan Education Private Limited | •••• | •••• | •••• | •••• | - | Kawardha, Chattisgarh, India |
| Drammjamm Education Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Apogeeoh Education Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Horizzon Information Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Edworld Education Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Letz Connect Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Bookish Santa Private Limited | •••• | •••• | •••• | •••• | - | Dwarka, Delhi, India |
| Scrapbotics Laboratories Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Best English Education Services Limited | •••• | •••• | •••• | •••• | - | Mumbai East, Maharashtra, India |
| Bashkent (India) Education Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Sterlingstar Digital Training Services Private Limited | •••• | •••• | •••• | •••• | - | Cochin, Kerala, India |
Peers are the five companies nearest above and the five nearest below Letz Connect Technologies by revenue in the Ecommerce and Internet industry (Education), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Letz Connect Technologies Private Limited
Letz Connect Technologies Private Limited is audited by HSA & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HSA & Associates | 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 Letz Connect Technologies Private Limited
Letz Connect Technologies has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girubakar Muthuvelpadian Also directs: Senthuran Engineering and Constructions Private Limited, Tech Innonxt Private Limited, Taman Corporation Private Limited and 1 more | Director | 09 Mar 2017 | 9 Years 6 Months | Current |
| Aarati Ghana Shyam Also directs: Aumua Consulting Private Limited | Director | 17 Sep 2019 | 7 Years 0 Months | Current |
| Manikandan Somasundaram Also directs: Auden Glare Energy Private Limited, Auden Full Circle Energy Private Limited, Clean Volt Power Private Limited and 4 more | Director | 06 Jul 2023 | 3 Years 3 Months | Current |
| Vidya Subramanian | Director | 23 Mar 2016 | 10 Years 6 Months | Current |
| Praveenganesh Subramanian | Director | 23 Mar 2016 | 10 Years 6 Months | Current |
Ownership and Shareholding of Letz Connect Technologies 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 Letz Connect Technologies Private Limited
Letz Connect Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Letz Connect Technologies Private Limited
Letz Connect Technologies Private Limited has 10 deals on record (5 rights issues, 2 acquisitions, 2 funding rounds), with disclosed funding of ₹4.37 Cr; the latest was in November 2019.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Rights issue | ₹1.45 Cr | Investors: Myndriven Solutions USA Limited |
| Apr 2019 | Funding round | ₹2.53 Cr | Investors: SucSEED Venture Partners, 3 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2018 | Rights issue | ₹40 Lakh | Investors: an individual |
| Mar 2018 | Rights issue | ₹30 Lakh | Investors: an individual |
Full deal history
All 10 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 Letz Connect Technologies Private Limited
Letz Connect Technologies operates one associated brand: LetzConnect. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online collaborative platform for youth | letzconnect.com |
Employees and EPFO Compliance at Letz Connect Technologies Private Limited
Letz Connect Technologies Private Limited has a workforce of 0 employees as of Apr 07, 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.
Group Structure of Letz Connect Technologies Private Limited
Letz Connect Technologies has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Letzconnect Allied Services Private Limited | U74999TN2019PTC126969 | Locked |
Showing major subsidiaries. Total: 1.
News related to Letz Connect Technologies Private Limited
Recent Activity on Letz Connect Technologies Private Limited
Letz Connect Technologies Private Limited has 9 board changes on record since 2016: 5 appointments and 4 cessations. The latest: Manikandan Somasundaram ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Letz Connect Technologies 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 Letz Connect Technologies 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 Letz Connect Technologies 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 Letz Connect Technologies Private Limited
Letz Connect Technologies has 2 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 Letz Connect Technologies 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 Letz Connect Technologies Private Limited
Letz Connect Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 23 March 2016 (10+ years old) and is registered under CIN U74900TN2016PTC104860.
Letz Connect Technologies reported revenue of ₹1.7 Cr for FY 2024.
Letz Connect Technologies has 5 current directors:
- Girubakar Muthuvelpadian - Director
- Aarati Ghana Shyam - Director
- Manikandan Somasundaram - Director
- Vidya Subramanian - Director
- Praveenganesh Subramanian - Director
Letz Connect Technologies reported a net loss of ₹1.6 Cr (net margin -93.9%) and EBITDA of -₹80.02 Lakh (EBITDA margin -47.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Letz Connect Technologies is 156% over three years and 108% over five years. CAGR is the steady yearly rate that links the first and the last year.
No. Letz Connect Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Letz Connect Technologies is U74900TN2016PTC104860. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Letz Connect Technologies was incorporated on 23 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
Letz Connect Technologies has 10 deals on record (5 rights issues, 2 acquisitions, 2 funding rounds), with disclosed funding of ₹4.37 Cr; the latest was in November 2019.
The peers of Letz Connect Technologies by revenue are Gyan-Darshan Education Private Limited, Drammjamm Education Private Limited, Apogeeoh Education Private Limited, Horizzon Information Technologies Private Limited, Edworld Education Private Limited and 5 more, all in the Ecommerce and Internet industry (Education).
Manikandan Somasundaram ceased to be Additional Director on 29 Sep 2023. Manikandan Somasundaram was appointed as Director on 06 Jul 2023. Aarati Ghana Shyam ceased to be Additional Director on 30 Sep 2019. Letz Connect Technologies has 9 board changes on record in total.