About Localcircles India Private Limited
Data last updated:
Localcircles India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the social networking platforms segment of the internet and digital services sector. It was incorporated on 14 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2012PTC238891. Its GSTIN is 09AACCL3008L1ZI (Uttar Pradesh).
The company has an authorised share capital of ₹17 Lakh and a paid-up capital of ₹14.19 Lakh. It is led by directors including Sachin Taparia (Managing Director) and Abhishek Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at M – 91 Third Floor Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.1 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net loss of ₹13.29 Lakh (net margin -12.1%) and EBITDA of -₹13.21 Lakh (EBITDA margin -12%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 13% over five years.
The company is associated with 1 brand: LocalCircles. Court records list 1 case involving the company; 1 case is pending. The company has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15.84 Cr; the latest was in March 2019. Its 10 peer companies in the Ecommerce and Internet industry (Social Networking) are compared by revenue, 5 larger and 5 smaller; the largest is Feso Social Media Private Limited with revenue of ₹1.77 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website localcircles.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressM – 91 Third Floor Saket, New Delhi, Delhi, India – 110017
- IndustryInternet, Social Networking 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
Associated Brands with Localcircles India Private Limited
Localcircles India operates one associated brand: LocalCircles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Social platform to connect for various causes | localcircles.com |
Business Activity of Localcircles India Private Limited
The main business activity of Localcircles India 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 Localcircles India Private Limited FY 2025 filings available
Localcircles India Private Limited reported revenue of ₹1.1 Cr (up 91% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Localcircles India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 91% growth in the latest year. EBITDA rose 76% 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 Localcircles India 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 | -₹13.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.29 Lakh | •••• | •••• | •••• | •••• |
| 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 Localcircles India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -12.1% | •••• | •••• | •••• | •••• |
| 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 Localcircles India 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.
Board of Directors of Localcircles India Private Limited
Localcircles India 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 Gupta | Director | 18 Jul 2012 | 14 Years 3 Months | Current |
| Mukesh Gupta | Director | 18 Jul 2012 | 14 Years 3 Months | Current |
| Sachin Taparia | Managing Director | 14 Jul 2012 | 14 Years 3 Months | Current |
| Claes Peter Rading | Additional Director | 10 Aug 2015 | 11 Years 2 Months | Current |
Peer Comparison of Localcircles India Private Limited
Localcircles India Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Social Networking). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Feso Social Media Private Limited | ₹1.77 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Hyderabad, Telangana, India |
| Meet Your Lobster Private Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Faridabad, Haryana, India |
| Protinus Fashion Networking Private Limited | ₹1.39 Cr (FY 2024) | •••• | •••• | -74.0% | •••• | Bangalore, Karnataka, India |
| Sbasic Applications Private Limited | ₹1.23 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Social Lab Events India Private Limited | ₹1.22 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | Chandigarh, India |
| Localcircles India Private Limited this company | ₹1.1 Cr (FY 2024) | •••• | •••• | 91.0% | •••• | New Delhi, Delhi, India |
| 100Mb Digital Private Limited | ₹81.03 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| Koodo India Private Limited | ₹80.97 Lakh (FY 2024) | •••• | •••• | 481.0% | •••• | Pune, Maharashtra, India |
| Instafeed Social Networking Private Limited | ₹76.98 Lakh (FY 2025) | •••• | •••• | 18246.0% | •••• | Faridabad, Haryana, India |
| Changa Tech Private Limited | ₹73.95 Lakh (FY 2024) | •••• | •••• | -24.0% | •••• | Gurugram, Haryana, India |
| Upcred Services and Solutions Private Limited | ₹70.89 Lakh (FY 2025) | •••• | •••• | 417.0% | •••• | Tezpur, Assam, India |
Peers are the five companies nearest above and the five nearest below Localcircles India by revenue in the Ecommerce and Internet industry (Social Networking), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Localcircles India Private Limited
Localcircles India Private Limited is audited by S C BHAGAT & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S C BHAGAT & 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.
Ownership and Shareholding of Localcircles India 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 Localcircles India Private Limited
Localcircles India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Localcircles India Private Limited
Localcircles India Private Limited has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15.84 Cr; the latest was in March 2019.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Brotex Sales Private Limited , Suruchi Suppliers Private Limited , Hapline Commodities Private Limited Seller: Maharshi Commerce Limited |
| Nov 2016 | Funding round | ₹3.25 Cr | Investors: Universal Trustees Private Limited , 3BG Advisors and Managers India Private Limited, an individual |
| Jan 2016 | Funding round | ₹7.52 Cr | Investors: Maharshi Commerce Limited, 2 individuals |
| Oct 2014 | Funding round | ₹2.98 Cr | Investors: 4 individuals |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Full deal history
All 8 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.
Legal Cases of Localcircles India Private Limited
Localcircles India Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Company is another party | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Localcircles India Private Limited
Employment history and EPFO contributions of people linked to Localcircles India.
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 Localcircles India Private Limited
Localcircles India Private Limited has 7 board changes on record since 2012: 4 appointments and 3 cessations. The latest: Jayesh Nagindas Doshi ceased to be Nominee Director on 25 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Localcircles India 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 Localcircles India 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 Localcircles India 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 Localcircles India Private Limited
Localcircles India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCL3008L1ZI | Uttar Pradesh | Active | 01 Jul 2017 |
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 Localcircles India 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.
Related news about Localcircles India Private Limited
Frequently Asked Questions about Localcircles India Private Limited
Localcircles India is an active private limited company based in New Delhi, Delhi, India. The company works in social networking platforms, within the internet industry. It was incorporated on 14 July 2012 (14+ years old) and is registered under CIN U72200DL2012PTC238891.
Localcircles India reported revenue of ₹1.1 Cr for FY 2024 (up 91% YoY).
Localcircles India has 4 current directors:
- Sachin Taparia - Managing Director
- Abhishek Gupta - Director
- Mukesh Gupta - Director
- Claes Peter Rading - Additional Director
Localcircles India reported a net loss of ₹13.29 Lakh (net margin -12.1%) and EBITDA of -₹13.21 Lakh (EBITDA margin -12%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Localcircles India is -14% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 91%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Localcircles India is 09AACCL3008L1ZI, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Localcircles India is U72200DL2012PTC238891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Localcircles India has 1 court case on record. 1 is pending.
Localcircles India was incorporated on 14 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Localcircles India has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15.84 Cr; the latest was in March 2019.
The peers of Localcircles India by revenue are Feso Social Media Private Limited, Meet Your Lobster Private Limited, Protinus Fashion Networking Private Limited, Sbasic Applications Private Limited, Social Lab Events India Private Limited and 5 more, all in the Ecommerce and Internet industry (Social Networking).