MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-DL-06-0002514
Loconav India Private Limited - information technology in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹43.2 Cr
▲ 20% YoY
Net loss · FY 2025
₹1.52 Cr
Net margin -3.5%
EBITDA · FY 2025
-₹1.13 Cr
EBITDA margin -2.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹99.43 Lakh
Issued & subscribed
Satisfied charges
₹11 Cr
No open charges
Company age
6 yrs
Est. 2020
Employees · EPFO
30
Provident fund records
About Loconav India Private Limited
Data last updated:
Loconav India Private Limited is a foreign private limited company based in Delhi, India, a subsidiary of Loconav, Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74110DL2020FTC364624. Its GSTIN is 07AAECL2245B1Z0 (Delhi). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.43 Lakh. It is led by directors Shridhar Gupta and Vidit Jain.
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 N – 506 C1/5 Nitika Tower I Naniwala Bagh Azadpur Back Side Of Aakash Cinema, Delhi, India – 110033.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.2 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹1.52 Cr (net margin -3.5%) and EBITDA of -₹1.13 Cr (EBITDA margin -2.6%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: BabaTrucks, LocoDrive and LocoNav. As per MCA filings, the company has satisfied charges of ₹11 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 5 cases are pending. The company has 7 deals on record (5 rights issues, 2 debt financings), with disclosed funding of ₹11 Cr; the latest was in September 2022. The company has 9 MSME Form 1 returns on record between 2020 and 2023, listing 371 overdue payments to 40 micro and small suppliers.
Loconav India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-06-0002514). For more details, the company can be reached via its website loconav.com.
Company details
CIN U74110DL2020FTC364624
Registration Number 364624
Incorporation Date 10 June 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Parent Company Loconav, Inc.
MSME Classification MSME
Udyam Registration UDYAM-DL-06-0002514
CIN history
Loconav India has one previous CIN (Corporate Identification Number): U72900DL2020FTC364624. The current CIN is U74110DL2020FTC364624, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110DL2020FTC364624 | Current |
| U72900DL2020FTC364624 | Previous |
Key People
Shridhar Gupta Director Vidit Jain Director Recognitions & Rankings of Loconav India
Contact details
Loconav India Private Limited's registered office is in Delhi, Delhi. Its website is loconav.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressN – 506 C1/5 Nitika Tower I Naniwala Bagh Azadpur Back Side Of Aakash Cinema, Delhi, India – 110033
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Loconav India Private Limited, buy the company report.
Comprehensive company report
Loconav India 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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Brands
Loconav India operates multiple associated brands including BabaTrucks, LocoDrive, and LocoNav. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online platform for listing and trading trucks. | babatrucks.com | |
| Delivers AI-based fleet management solutions tailored for the logistics industry. | locodrive.com | |
| Platform offering fleet management for businesses | loconav.com |
Business activity
The main business activity of Loconav India 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 Loconav India Private Limited, buy the company report.
Financials of Loconav India Private Limited
FY 2025 filings availableLoconav India Private Limited reported revenue of ₹43.2 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹43.2 Cr ▲ 20%
Net loss · FY 2025
₹1.52 Cr margin -3.5%
EBITDA · FY 2025
-₹1.13 Cr margin -2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▼ 29%
EBITDA CAGR growth
1 year
▲ 98%
3 years · compounded
▲ 66%
Revenue rose 20% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA rose 98% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹1.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.52 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.6% | ||||
| Net Profit Margin | -3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Loconav India Private Limited, buy the company report.
Board of directors of Loconav India Private Limited
Loconav India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shridhar Gupta Also directs: BT Techlabs Private Limited | Director | 10 Jun 2020 | 6 Years 5 Months | Current |
| Vidit Jain Also directs: BT Techlabs Private Limited | Director | 10 Jun 2020 | 6 Years 5 Months | Current |
Auditor
Loconav India Private Limited is audited by Mehra Goel & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mehra Goel & Co | FY 2023 | 000517N |
Shareholding
The shareholding of Loconav India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Loconav India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 May 2021 | 100507159 | Others | ₹6 Cr | Satisfied | |
| 09 Jul 2020 | 100359518 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Loconav India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Loconav India Private Limited has 7 deals on record (5 rights issues, 2 debt financings), with disclosed funding of ₹11 Cr; the latest was in September 2022.
Total deals
7
Rights issues
5
Debt financings
2
Disclosed funding
₹11 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Rights issue | ₹24 Cr | Investors: Loconav Inc. |
| Feb 2022 | Rights issue | ₹37.36 Cr | Investors: Loconav Inc. |
| Jul 2021 | Rights issue | ₹70 Cr | Investors: Loconav Inc. |
| May 2021 | Debt financing | ₹6 Cr | Investors: Trifecta Capital |
| Feb 2021 | Rights issue | ₹5 Cr | Investors: Loconav Inc. |
To see the full deal history of Loconav India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Loconav India Private Limited has 12 court cases on record: 2 filed by Loconav India, 10 filed against it. 5 cases are pending and 7 are disposed.
Total cases
12
Filed by the company
2
Filed against the company
10
Pending
5
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 5 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed against the company by Ms Mvin Carco 1 Private Limited Through Its Authorized Representative Mr Binod Kumar Mishra | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by M S Mvin Carco 1 Private Limited | Pending |
| District court, South, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by CNH Industrial Capital India Pvt Ltd | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Orix Leasing and Financial Services India Ltd | Disposed |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by Qualitest Infotech Pvt Ltd | Disposed |
To see the full case history of Loconav India 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
Loconav India Private Limited has 9 MSME Form 1 returns on record between 2020 and 2023, listing 371 overdue payments to 40 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 40)
To see the full MSME payment records of Loconav India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Loconav India Private Limited has a workforce of 30 employees on its EPFO records as of Jan 2026, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
-65.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 30 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Loconav India Private Limited, buy the company report.
GST
Loconav India has 6 GST registrations: 2 active and 4 cancelled or inactive.
Total GSTINs
6
Active
2
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECL2245B1Z0 | Delhi | Active | 06 Jul 2020 |
| 06AAECL2245B1Z2 | Haryana | Active | 20 Jul 2020 |
To see the full GST registrations and return filing status of Loconav India Private Limited, buy the company report.
Recent activity
Loconav India Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Shridhar Gupta was appointed as Director on 10 Jun 2020.
AGM
Loconav India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Loconav India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge registered on 06 May 2021 via Charge ID 100507159 with Others was fully satisfied on 26 Mar 2024.
Charges
A charge registered on 09 Jul 2020 via Charge ID 100359518 with Others was fully satisfied on 26 Mar 2024.
Charges
A charge with Others of Rs. 5.00 Cr registered on 09 Jul 2020 with Charge ID 100359518 was modified on 19 Nov 2021.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100507159 was registered on 06 May 2021.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100359518 was registered on 09 Jul 2020.
Appointed
Shridhar Gupta was appointed as Director.
Appointed
Vidit Jain was appointed as Director.
Incorporation
10 Jun 2020
Loconav India Private Limited was registered on 10 Jun 2020 with Roc Delhi Ii & aged 6 years 5 months as per MCA records.
News
Frequently asked questions
Loconav India is an active foreign private limited company based in Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 June 2020 (6+ years old) and is registered under CIN U74110DL2020FTC364624.
Loconav India has 2 current directors:
- Shridhar Gupta - Director
- Vidit Jain - Director
The latest financial statements of Loconav India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Loconav India is 07AAECL2245B1Z0, registered in Delhi. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAECL2245B1Z2 (Haryana).
The CIN (Corporate Identification Number) of Loconav India is U74110DL2020FTC364624. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Loconav India has 12 court cases on record: 2 filed by the company and 10 filed against it. 5 are pending. Most are in the district courts.
Loconav India was incorporated on 10 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Loconav India has 7 deals on record (5 rights issues, 2 debt financings), with disclosed funding of ₹11 Cr; the latest was in September 2022.
Shridhar Gupta was appointed as Director on 10 Jun 2020. Vidit Jain was appointed as Director on 10 Jun 2020.
Yes, Loconav India is registered as an MSME under Udyam registration (number: UDYAM-DL-06-0002514).
Loconav India has 9 MSME Form 1 returns on record between 2020 and 2023, listing 371 overdue payments to 40 micro and small suppliers. The latest return was filed on 22 Nov 2023.
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