Localbuy Technologies Private Limited - Company Profile

It is a food and beverages private limited company based in Kurmannapalem, Andhra Pradesh, India, established in 2019.

2019 Kurmannapalem, Andhra Pradesh, India Active

Last Updated: January 05, 2026

About Localbuy Technologies Private Limited

Localbuy Technologies Private Limited, a active private limited company, was established on 24 October 2019 in Kurmannapalem, Andhra Pradesh, India. Engaging in food & beverage retail & distribution within the professional, scientific and technical sector, it holds CIN: U52590AP2019PTC113200. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹1.91 M and a paid-up capital of ₹1.23 M.

Employing 131 professional, Its leadership includes Neeraj Menta (Director), Sailesh Tulshan (Director), Anil Thontepu Naga Purushothama (Director). Past directors included Sailesh Tulshan. It holds ₹4.59 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at B-Block,G-6,Palace Heights,Sivaji Nagar Kurmannapalem, Nr Aganampudi Toll Gate, Kurmannapalem, Andhra Pradesh, 530046.

Company Details

CIN/LLPIN
U52590AP2019PTC113200
Registration Number
113200
Incorporation Date
24 October 2019
Authorized Capital
₹1.91 M
Paid-Up Capital
₹1.23 M
ROC Code
Roc Vijayawada
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.91 M as on 05-01-2026
Paid Up Capital ₹ 1.23 M as on 05-01-2026
Company Age 6 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 4.59 Cr as on 05-01-2026
Revenue Growth **** 41.02% (FY 2024)
Profit Growth **** -30.25% (FY 2024)
Ebitda **** 1.69% (FY 2024)
Net Worth 140.66% (FY 2024)
Total Assets **** 15.02% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Localbuy Technologies Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Localbuy Technologies Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Neeraj Menta	Director	24 Oct 2019	Current
Sailesh Tulshan	Director	15 Jun 2022	Current
Anil Thontepu Naga Purushothama	Director	24 Oct 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2022	Past

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Financial Performance of Localbuy Technologies.

Localbuy Technologies Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 41.02% increase. The company also saw a substantial fall in profitability, with a 30.25% decrease in profit. The company's net worth Soared by an impressive increase of 140.66%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

41.02%

*******

Revenue from Operations

*******

41.49%

*******

Total Assets

*******

15.02%

*******

Profit or Loss

*******

-30.25%

*******

Net Worth

*******

140.66%

*******

EBITDA

*******

1.69%

*******

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What is the Ownership and Shareholding Structure of Localbuy Technologies?

In 2024, Localbuy Technologies had a promoter holding of 82.77% and a public holding of 17.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹45,900,031.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 4.59 Cr

Latest Charge Details

Date	Lender	Amount	Status
20 Jun 2024	Others	₹0.90 M	Open
08 Nov 2022	Others	₹4.50 Cr	Open

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How Many Employees Work at Localbuy Technologies?

Localbuy Technologies has a workforce of 131 employees as of Jul 29, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Localbuy Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Localbuy Technologies's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Localbuy Technologies

Recent Activity within the Organization

Annual General Meeting

Progress on Localbuy Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Balance Sheet

Progress on Localbuy Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was documented.
31 Mar 2025
Charges

The activity A charge with Others of Rs. 45.00 M registered on 08 Nov 2022 with Charge ID 100647518 was modified on 26 Jun 2024. was completed.
26 Jun 2024
Charges

Progress on A charge with Others amounted to Rs. 0.90 M with Charge ID 100959642 was registered on 20 Jun 2024. was documented.
20 Jun 2024
Charges

The activity A charge with Others amounted to Rs. 45.00 M with Charge ID 100647518 was registered on 08 Nov 2022. was completed.
08 Nov 2022
Director Appointment

Progress on Sailesh Tulshan was appointed as a Director was appointed as a Director on 15 Jun 2022 & has been associated with this company since 3 years 7 months . was documented.
15 Jun 2022

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