Loginext Solutions Private Limited

Loginext Solutions Private Limited - information technology in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U63090MH2014PTC253522 Incorporated 21 February 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Struck Off Private Limited Company information technology
Data last updated
Revenue · FY 2021
₹7.43 Lakh
▼ 99% YoY
Net loss · FY 2021
₹75.44 Lakh
Latest filing
EBITDA · FY 2021
-₹74.24 Lakh
Latest filing
Authorised capital
₹2.55 Cr
Registered with MCA
Paid-up capital
₹42.56 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
64
Provident fund records
Directors on board
2
As per MCA filings

About Loginext Solutions Private Limited

Data last updated:

Loginext Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 21 February 2014.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2014PTC253522. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹2.55 Cr and a paid-up capital of ₹42.56 Lakh. It was led by directors Dhruvil Rajeshbhai Sanghvi and Manisha Raj Raisinghani.

Its last annual general meeting (AGM) was held on 25 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Mumbai, Maharashtra.

As per the financials filed for FY 2021, the company reported a revenue of ₹7.43 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹75.44 Lakh and EBITDA of -₹74.24 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 43% over five years.

The company had about 64 employees on its provident fund (EPFO) records before it was struck off.

The company was associated with 1 brand: LogiNext. Court records list 5 cases involving the company, including 3 filed against it; 1 case is pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹29.54 Cr; the latest was in February 2020. Its 10 peer companies in the Information Technology industry (SaaS Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Vedha Softech India Private Limited with revenue of ₹8.12 Lakh.

The last known website on record is loginextsolutions.com.

Company Details of Loginext Solutions Private Limited
CIN U63090MH2014PTC253522
Registration Number 253522
Incorporation Date 21 February 2014
ROC Mumbai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 25 October 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Apps
  • Registered Address
    Flat No. 1901 Happiness Co – Op. Housing Society Ltd J.S. Dosa Marg Nr. Mulund Railway Stat, Ion (W), Mumbai, Maharashtra, India – 400080
  • Industry
    Information Technology, SaaS (Software as a Service) Providers
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Financials, compliance, directors, charges, ownership and filings for Loginext Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Loginext Solutions Private Limited

Loginext Solutions operates one associated brand: LogiNext. Each brand links to its own profile.

BrandDescriptionWebsite
Cloud-based AI platform for transportation management and optimization is provided.loginextsolutions.com

Financials of Loginext Solutions Private Limited FY 2021 filings available

Loginext Solutions Private Limited reported revenue of ₹7.43 Lakh (down 99% YoY) for FY 2021.

Revenue · FY 2021
₹7.43 Lakh ▼ 99%
Net loss · FY 2021
₹75.44 Lakh
EBITDA · FY 2021
-₹74.24 Lakh

Compounded Annual Growth Rate (CAGR) of Loginext Solutions Private Limited

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 80%
5 years · compounded
▼ 43%
EBITDA CAGR growth
1 year
▲ 93%
3 years · compounded
▲ 51%
5 years · compounded
▲ 34%

Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 99% fall in the latest year. EBITDA rose 93% 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 Loginext Solutions Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹7.43 Lakh••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹74.24 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹75.44 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 Loginext Solutions Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin••••••••••••••••••••
Net Profit Margin••••••••••••••••••••
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 Loginext Solutions are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Loginext Solutions Private Limited

Loginext Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Dhruvil Rajeshbhai SanghviDirector21 Feb 201412 Years 8 MonthsAs last reported
Manisha Raj RaisinghaniDirector21 Feb 201412 Years 8 MonthsAs last reported

Peer Comparison of Loginext Solutions Private Limited

Loginext Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (SaaS Providers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vedha Softech India Private Limited₹8.12 Lakh (FY 2018)••••••••••••Mysore, Karnataka, India
Cassius Software Solutions Private Limited₹8.01 Lakh (FY 2024)••••••••••••Hyderabad, Telangana, India
Taxrex Solutions Private Limited₹7.85 Lakh (FY 2024)••••••••26.0%••••Pinjore, Haryana, India
Scalion Commerce Private Limited₹7.59 Lakh (FY 2025)••••••••••••Bangalore, Karnataka, India
Nexfac Technologies Private Limited₹7.53 Lakh (FY 2024)••••••••-80.0%••••Gurugram, Haryana, India
Loginext Solutions Private Limited this company₹7.43 Lakh (FY 2021)••••••••-99.0%••••Mumbai, Maharashtra, India
Innobits Solutions Private Limited₹7.41 Lakh (FY 2025)••••••••-97.0%••••Bangalore, Karnataka, India
Dealsafe Private Limited₹7.06 Lakh (FY 2025)••••••••40.0%••••Pune, Maharashtra, India
Just Instastack Technology Private Limited₹6.69 Lakh (FY 2025)••••••••-10.0%••••Thane, Maharashtra, India
Aibi Technology Private Limited₹6.43 Lakh (FY 2018)••••••••1093.0%••••Thiruvananthapuram, Kerala, India
Survis Iot India Private Limited₹6.43 Lakh (FY 2024)••••••••-44.0%••••Kolkata, West Bengal, India

Peers are the five companies nearest above and the five nearest below Loginext Solutions by revenue in the Information Technology industry (SaaS Providers), 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 Loginext Solutions Private Limited

Loginext Solutions Private Limited is audited by LODHA & CO for the financial year 2021.

NameStatusAppointment DateCessation Date
LODHA & COLockedLockedLocked
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Ownership and Shareholding of Loginext Solutions Private Limited

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Charges & Borrowings of Loginext Solutions Private Limited

Loginext Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Loginext Solutions Private Limited

Loginext Solutions Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹29.54 Cr; the latest was in February 2020.

Total deals
6
Secondary share transfers
4
Funding rounds
2
Disclosed funding
₹29.54 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Feb 2020Secondary share transferUndisclosedBuyer: Loginext Solutions INC.
Seller: 4 individuals
Jan 2020Secondary share transferUndisclosedSeller: 4 individuals
Feb 2016Funding round₹26.54 CrInvestors: One97 Mobility Fund
Jun 2015Secondary share transferUndisclosedBuyer: Essex Properties LLP
Seller: Keragreen Floorings Private Limited
Apr 2015Funding round₹3 CrInvestors: 4 individuals
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Full deal history

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Loginext Solutions Private Limited

Loginext Solutions Private Limited has a workforce of 64 employees as of Apr 07, 2024.

Employee count
64
Active EPFO establishments
1
Employee growth
3.23%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Loginext Solutions Private Limited

Loginext Solutions Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Ajit Kumar Surana ceased to be Nominee Director on 16 Oct 2015.

AGM
Loginext Solutions Private Limited last Annual general meeting of members was held on 25 Oct 2021 as per latest MCA records.
Filing
Loginext Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Ceased
Ajit Kumar Surana ceased to be Nominee Director.
Ceased
Sanjay Bharatkumar Mehta ceased to be Nominee Director.
Ceased
Dhara Rajesh Sanghavi ceased to be Additional Director.
Ceased
Varun Biyani ceased to be Director.
Appointed
Dhruvil Rajeshbhai Sanghvi was appointed as Director.
Appointed
Manisha Raj Raisinghani was appointed as Director.
Incorporation
21 Feb 2014
Loginext Solutions Private Limited was registered on 21 Feb 2014 with Roc Mumbai & aged 12 years 8 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Loginext Solutions Private Limited

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MSME Payment Delays by Loginext Solutions Private Limited

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Subsidiaries & Group Companies of Loginext Solutions Private Limited

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GST Compliance of Loginext Solutions Private Limited

Loginext Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Loginext Solutions Private Limited

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Frequently Asked Questions about Loginext Solutions Private Limited

Loginext Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Loginext Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in saas (software as a service) providers, within the information technology industry. It was incorporated on 21 February 2014 and is registered under CIN U63090MH2014PTC253522. The company has been struck off by the Registrar of Companies and is no longer operational.

Loginext Solutions had 2 directors:

The CIN (Corporate Identification Number) of Loginext Solutions is U63090MH2014PTC253522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Loginext Solutions is at Flat No. 1901 Happiness Co – Op. Housing Society Ltd J.S. Dosa Marg Nr. Mulund Railway Stat, Ion W, Mumbai, Maharashtra, India – 400080.

Loginext Solutions was incorporated on 21 February 2014. It is registered with the Registrar of Companies, Mumbai.

Loginext Solutions can be reached through the website loginextsolutions.com. Its registered office is in Mumbai, Maharashtra, India.

Loginext Solutions reported revenue of ₹7.43 Lakh for FY 2021 (down 99% YoY).

Loginext Solutions has an authorised share capital of ₹2.55 Cr and a paid-up capital of ₹42.56 Lakh.

Loginext Solutions reported a net loss of ₹75.44 Lakh and EBITDA of -₹74.24 Lakh for FY 2021, as per its filed financial statements.

No. Loginext Solutions has 1 GST registration on record and it is cancelled or inactive.

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