About Logicserve Digital Consultancy Services Private Limited
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Logicserve Digital Consultancy Services Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72400MH2006PTC162449. Its GSTIN is 27AACCV2520K1ZD (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹8.61 Cr and a paid-up capital of ₹7.73 Cr. It was formerly known as V2Biz Process Outsourcing Private Limited and Logicserve Process Outsourcing Private Limited. It is led by directors including Prasad Bhagwan Shejale (Managing Director) and Mahesh Pratapneni.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 201 & B – 701 Technocity Plot No.X – 4/1 And X – 4/2 Mahape, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹192.02 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹13.3 Cr (net margin 6.9%) and EBITDA of ₹38.02 Cr (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 3% over five years.
The company has about 517 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹92.5 Cr and satisfied charges of ₹44 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending. The company has 11 deals on record (5 funding rounds, 2 rights issues, 2 debt financings), with disclosed funding of ₹65.79 Cr; the latest was in October 2022. Its 3 peer companies in the Media and Publishing industry (Advertising Agencies), with the same principal business activity (advertising and market research) are compared by revenue, 1 larger and 2 smaller; the largest is Haystack Marketing Services Private Limited with revenue of ₹197.73 Cr. The company has 8 MSME Form 1 returns on record between 2021 and 2024, listing 536 overdue payments to 38 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website logicserve.com.
Company details
Name history
Logicserve Digital Consultancy Services has undergone 2 name changes throughout its history. The company was previously known as V2biz Process Outsourcing Private Limited, and Logicserve Process Outsourcing Private Limited. The current legal name is Logicserve Digital Consultancy Services Private Limited.
| Company Name | Status |
|---|---|
| Logicserve Digital Consultancy Services Private Limited | Current |
| V2biz Process Outsourcing Private Limited | Previous |
| Logicserve Process Outsourcing Private Limited | Previous |
Contact details
Logicserve Digital Consultancy Services Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is logicserve.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 201 & B – 701 Technocity Plot No.X – 4/1 And X – 4/2 Mahape, Navi Mumbai, Maharashtra, India – 400701
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Logicserve Digital Consultancy Services 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 Logicserve Digital Consultancy Services is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Logicserve Digital Consultancy Services Private Limited, buy the company report.
Financials of Logicserve Digital Consultancy Services Private Limited
FY 2024 filings availableLogicserve Digital Consultancy Services Private Limited reported revenue of ₹192.02 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 8% growth in the latest year. EBITDA rose 428% 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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| EBITDA | ₹38.02 Cr | ||||
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| Net Profit (PAT) | ₹13.3 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 19.8% | ||||
| Net Profit Margin | 6.9% | ||||
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To see the full financial statements and ratios of Logicserve Digital Consultancy Services Private Limited, buy the company report.
Board of directors of Logicserve Digital Consultancy Services Private Limited
Logicserve Digital Consultancy Services has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasad Bhagwan Shejale Also directs: Bhagyashree Infotech Private Limited, Langoor Marketing Transformation Private Limited, Carva Infotech Private Limited and 4 more | Managing Director | 26 May 2006 | 20 Years 5 Months | Current |
| Mahesh Pratapneni Also directs: Langoor Marketing Transformation Private Limited, F1circle Designs Private Limited, Medgenome Labs Limited and 2 more | Director | 17 Nov 2022 | 3 Years 11 Months | Current |
| Gautham Madhavan | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Anand Sharad Bhadkamkar Also directs: Langoor Marketing Transformation Private Limited, F1circle Designs Private Limited, Higa Digital Private Limited and 1 more | Director | 17 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Logicserve Digital Consultancy Services Private Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies), with the same principal business activity (advertising and market research), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Haystack Marketing Services Private Limited | ₹197.73 Cr (FY 2025) | -20.0% | Bangalore, Karnataka, India | |||
| Logicserve Digital Consultancy Services Private Limitedthis company | ₹192.02 Cr (FY 2025) | ₹13.3 Cr | 6.9% | 8.0% | 517 | Navi Mumbai, Maharashtra, India |
| Wondrlab India Private Limited | ₹191.29 Cr (FY 2024) | 193.0% | Mumbai, Maharashtra, India | |||
| Prakash Arts Private Limited | ₹191.11 Cr (FY 2025) | 1.0% | Hyderabad, Andhra Pradesh, India |
To see the full peer comparison of Logicserve Digital Consultancy Services Private Limited, buy the company report.
Auditor
Logicserve Digital Consultancy Services Private Limited is audited by M S K A & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2024 | 105047W |
Shareholding
The shareholding of Logicserve Digital Consultancy Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Logicserve Digital Consultancy Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2025 | 101157954 | Others | ₹30 Cr | Open | |
| 26 Dec 2023 | 100971343 | Others | ₹17.5 Cr | Open | |
| 02 Aug 2023 | 100815248 | Others | ₹45 Cr | Open | |
| 08 Dec 2023 | 100836997 | Others | ₹10 Cr | Satisfied | |
| 03 Aug 2022 | 100712789 | Others | ₹30 Cr | Satisfied |
To see the full charge records of Logicserve Digital Consultancy Services Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Logicserve Digital Consultancy Services Private Limited has 11 deals on record (5 funding rounds, 2 rights issues, 2 debt financings), with disclosed funding of ₹65.79 Cr; the latest was in October 2022.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Funding round · Series C | ₹2.62 Cr | Investors: 4 individuals |
| Sep 2022 | Debt financing | ₹15 Cr | Investors: Blacksoil Group |
| Sep 2022 | Funding round · Series B | ₹27.87 Cr | Investors: Florintree Advisors, Incred Wealth and Investment Services Private Limited , 2 individuals |
| Aug 2022 | Funding round · Series A | ₹3 Cr | Investors: Blacksoil Group |
| Aug 2022 | Debt financing | ₹15 Cr | Investors: Blacksoil Group |
To see the full deal history of Logicserve Digital Consultancy Services 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
Logicserve Digital Consultancy Services Private Limited has 4 court cases on record: 4 filed by Logicserve Digital Consultancy Services. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 3 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Petbuddy Products Pvt. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Dunzo Digital Private Limited | Disposed |
To see the full case history of Logicserve Digital Consultancy Services 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
Logicserve Digital Consultancy Services Private Limited has 8 MSME Form 1 returns on record between 2021 and 2024, listing 536 overdue payments to 38 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 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Woost Internet Private Limited | |||
| Skylight Mediakart Solutions LLP | |||
| Monetize Info LLP | |||
| Trackback Media | |||
| Geoads Media Private Limited |
To see the full MSME payment records of Logicserve Digital Consultancy Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Logicserve Digital Consultancy Services has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Langoor Marketing Transformation Private Limited | U72900MH1997PTC426140 | |
| F1 Circle Designs Private Limited | U72900MH2012PTC425994 | |
| Higa Digital Private Limited | U74999MH2016PTC425996 |
To see the full group structure of Logicserve Digital Consultancy Services Private Limited, buy the company report.
Employees & EPFO
Logicserve Digital Consultancy Services Private Limited has a workforce of 517 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
GST
Logicserve Digital Consultancy Services has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV2520K1ZD | Maharashtra | Active | 01 Jul 2017 |
| 27AACCV2520K2ZC | Maharashtra | Active | 03 Jun 2025 |
| 06AACCV2520K2ZG | Haryana | Active | 30 Aug 2022 |
| 29AACCV2520K1Z9 | Karnataka | Active | 02 Mar 2023 |
To see the full GST registrations and return filing status of Logicserve Digital Consultancy Services Private Limited, buy the company report.
Recent activity
Logicserve Digital Consultancy Services Private Limited has 6 board changes on record since 2006: 4 appointments and 2 cessations. The latest: Mathew Cyriac ceased to be Director on 28 Nov 2023.
6 earlier events are in the company report.
Frequently asked questions
Logicserve Digital Consultancy Services is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 May 2006 (20+ years old) and is registered under CIN U72400MH2006PTC162449.
Logicserve Digital Consultancy Services has 4 current directors:
- Prasad Bhagwan Shejale - Managing Director
- Mahesh Pratapneni - Director
- Gautham Madhavan - Director
- Anand Sharad Bhadkamkar - Director
The latest financial statements of Logicserve Digital Consultancy Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Logicserve Digital Consultancy Services is 27AACCV2520K1ZD, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCV2520K2ZC (Maharashtra), 06AACCV2520K2ZG (Haryana), 29AACCV2520K1Z9 (Karnataka).
The CIN (Corporate Identification Number) of Logicserve Digital Consultancy Services is U72400MH2006PTC162449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Logicserve Digital Consultancy Services has 4 court cases on record: 4 filed by the company. 3 are pending.
Logicserve Digital Consultancy Services was incorporated on 26 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Logicserve Digital Consultancy Services has 11 deals on record (5 funding rounds, 2 rights issues, 2 debt financings), with disclosed funding of ₹65.79 Cr; the latest was in October 2022.
The peers of Logicserve Digital Consultancy Services by revenue are Haystack Marketing Services Private Limited, Wondrlab India Private Limited, Prakash Arts Private Limited, all in the Media and Publishing industry (Advertising Agencies), with the same principal business activity (advertising and market research).
Mathew Cyriac ceased to be Director on 28 Nov 2023. Gautham Madhavan was appointed as Director on 30 Sep 2023. Punam Prasad Shejale ceased to be Director on 13 Dec 2022. Logicserve Digital Consultancy Services has 6 board changes on record in total.
Logicserve Digital Consultancy Services has 8 MSME Form 1 returns on record between 2021 and 2024, listing 536 overdue payments to 38 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Logicserve Digital Consultancy Services can be reached through the website logicserve.com. Its registered office is in Navi Mumbai, Maharashtra, India.