Locas Institute Private Limited

Locas Institute Private Limited - service in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U93090PB2018PTC047654 Incorporated 27 March 2018 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company service Startup India MSME · Micro
Revenue · FY 2024
₹18.3 Lakh
▲ 7% YoY
Net loss · FY 2024
₹25,640
Net margin -1.4%
EBITDA · FY 2024
-₹25,640
EBITDA margin -1.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Locas Institute Private Limited

Data last updated:

Locas Institute Private Limited is a private limited company based in Ludhiana, Punjab, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the services sector. It was incorporated on 27 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U93090PB2018PTC047654.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Paramjit Kaur and Tarneet Singh Chawla.

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 SCO – 25 Feroz Gandhi Market, Ludhiana, Punjab, India – 141001.

As per the financials filed for FY 2024, the company reported a revenue of ₹18.3 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹25,640 (net margin -1.4%) and EBITDA of -₹25,640 (EBITDA margin -1.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over five years.

Locas Institute Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0057007).

Company details

CIN U93090PB2018PTC047654
Registration Number 047654
Incorporation Date 27 March 2018
ROC Chandigarh
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0057007
Key People
Paramjit Kaur Director Tarneet Singh Chawla Director

Recognitions & Rankings of Locas Institute

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-PB-12-0057007

Contact details

Locas Institute Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.

  • Email
  • Registered Address
    SCO – 25 Feroz Gandhi Market, Ludhiana, Punjab, India – 141001
  • Industry
    Service, Other Services

To see the full contact details of Locas Institute Private Limited, buy the company report.

Comprehensive company report
Locas Institute Private Limited - one report that includes everything
  • 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
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Financials of Locas Institute Private Limited

FY 2024 filings available

Locas Institute Private Limited reported revenue of ₹18.3 Lakh (up 7% YoY) for FY 2024.

Revenue · FY 2024
₹18.3 Lakh ▲ 7%
Net loss · FY 2024
₹25,640 margin -1.4%
EBITDA · FY 2024
-₹25,640 margin -1.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 904%
5 years · compounded
▼ 24%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 7% growth in the latest year. EBITDA fell 904% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹25,640
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹25,640
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-1.4%
Net Profit Margin-1.4%
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 Locas Institute Private Limited, buy the company report.

Board of directors of Locas Institute Private Limited

Locas Institute has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Paramjit KaurDirector27 Mar 20188 Years 7 MonthsCurrent
Tarneet Singh ChawlaDirector27 Mar 20188 Years 7 MonthsCurrent
View all directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for Locas Institute Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Locas Institute Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Locas Institute Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Parminder Singh Chawla ceased to be Managing Director on 20 Mar 2020.

AGM
Locas Institute Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Locas Institute Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Ceased
Parminder Singh Chawla ceased to be Managing Director.
Appointed
Paramjit Kaur was appointed as Director.
Appointed
Tarneet Singh Chawla was appointed as Director.
Incorporation
27 Mar 2018
Locas Institute Private Limited was registered on 27 Mar 2018 with Roc Chandigarh & aged 8 years 7 months as per MCA records.

Frequently asked questions

Locas Institute is an active private limited company based in Ludhiana, Punjab, India. The company works in other services, within the service industry. It was incorporated on 27 March 2018 (8+ years old) and is registered under CIN U93090PB2018PTC047654.

Locas Institute has 2 current directors:

The latest financial statements of Locas Institute 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 FY 2018 are in the company report.

The CIN (Corporate Identification Number) of Locas Institute is U93090PB2018PTC047654. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Locas Institute was incorporated on 27 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.

Parminder Singh Chawla ceased to be Managing Director on 20 Mar 2020. Paramjit Kaur was appointed as Director on 27 Mar 2018. Tarneet Singh Chawla was appointed as Director on 27 Mar 2018.

Yes, Locas Institute is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Locas Institute is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0057007).

The registered office of Locas Institute is at SCO – 25 Feroz Gandhi Market, Ludhiana, Punjab, India – 141001.

Locas Institute operates in the service industry, in the other services segment.