
About Li Digital Payments Private Limited
Data last updated:
Li Digital Payments Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 28 February 2018.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2018PTC330177. Its GSTIN is 07AADCL5354Q1ZY (Delhi). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹15.05 Cr. It is led by directors including Abhishek Verma and Niraj Kumar Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Kh No. 632 Ground Floor Vil. Rangpuri Near Telco, Delhi, India – 110037.
As per the financials filed for FY 2019, the company reported a revenue of ₹46.38 Cr. For the same year it recorded a net loss of ₹10.86 Cr (net margin -23.4%) and EBITDA of -₹10.54 Cr (EBITDA margin -22.7%).
The company has about 218 employees on its provident fund (EPFO) records.
Court records list 28 cases involving the company, including 4 filed by the company and 24 filed against it; 5 cases are pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2020.
The last known website on record is lex-innova.com.
Company details
Recognitions & Rankings of Li Digital Payments
Contact details
Li Digital Payments Private Limited's registered office is in Delhi, Delhi. Its website is lex-innova.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressKh No. 632 Ground Floor Vil. Rangpuri Near Telco, Delhi, India – 110037
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Li Digital Payments 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 Li Digital Payments is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Li Digital Payments Private Limited, buy the company report.
Financials of Li Digital Payments Private Limited
FY 2019 filings availableLi Digital Payments Private Limited reported revenue of ₹46.38 Cr for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹46.38 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹10.54 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹10.86 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
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -22.7% | |
| Net Profit Margin | -23.4% | |
| 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 | ||
To see the full financial statements and ratios of Li Digital Payments Private Limited, buy the company report.
Board of directors of Li Digital Payments Private Limited
Li Digital Payments has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Verma Also directs: My Mobile Payments Limited | Director | 18 May 2018 | 8 Years 5 Months | As last reported |
| Pawan Singh Tomar | Additional Director | 10 Aug 2020 | 6 Years 2 Months | As last reported |
| Nachiketa Das | Additional Director | 10 Aug 2020 | 6 Years 2 Months | As last reported |
| Niraj Kumar Singh Also directs: Li Consulting Private Limited, Li Technologies Private Limited | Director | 18 May 2018 | 8 Years 5 Months | As last reported |
Auditor
Li Digital Payments Private Limited is audited by JAIN SINGH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN SINGH & CO | FY 2019 | 307135E |
Shareholding
The shareholding of Li Digital Payments Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Li Digital Payments Private Limited, buy the company report.
Deals & funding
Li Digital Payments Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Funding round | ₹50 Lakh | Investors: Mani Infraconsultancy LLP , an individual |
| Aug 2018 | Rights issue | ₹4.99 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Li Digital Payments Private Limited has 28 court cases on record: 4 filed by Li Digital Payments, 24 filed against it. 5 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 4 |
| NCLAT | 8 | 6 | 1 |
| High courts | 4 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by Software Technology Parks of India | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against M/S. Software Technology Parks of India | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Srei Infrastructure Finance Limited and 1 other | Disposed |
| District court, South East, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Software Technology Parks of India | Disposed |
| District court, Fatehabad, Haryana | Criminal miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Li Digital Payments Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Li Digital Payments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Li Digital Payments Private Limited has a workforce of 218 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Li Digital Payments has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCL5354Q1ZY | Delhi | Active | 11 Jun 2019 |
| 07AADCL5354Q2ZX | Delhi | Active | 12 Aug 2020 |
| 06AADCL5354Q1Z0 | Haryana | Active | 06 Mar 2019 |
To see the full GST registrations and return filing status of Li Digital Payments Private Limited, buy the company report.
Recent activity
Li Digital Payments Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Nachiketa Das was appointed as Additional Director on 10 Aug 2020.
Frequently asked questions
Li Digital Payments is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Li Digital Payments is a company under insolvency, formerly operating as a private limited company based in Delhi, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 28 February 2018 and is registered under CIN U74999DL2018PTC330177. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Li Digital Payments has 4 current directors:
- Abhishek Verma - Director
- Pawan Singh Tomar - Additional Director
- Nachiketa Das - Additional Director
- Niraj Kumar Singh - Director
The latest financial statements of Li Digital Payments on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Li Digital Payments is U74999DL2018PTC330177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Li Digital Payments has 28 court cases on record: 4 filed by the company and 24 filed against it. 5 are pending. Most are in the district courts.
Li Digital Payments was incorporated on 28 February 2018. It is registered with the Registrar of Companies, Delhi.
Li Digital Payments has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2020.
Nachiketa Das was appointed as Additional Director on 10 Aug 2020. Pawan Singh Tomar was appointed as Additional Director on 10 Aug 2020. Krishna Verma ceased to be Director on 01 Oct 2019. Li Digital Payments has 6 board changes on record in total.
Yes, Li Digital Payments is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).