Logus Technology Services Private Limited
About Logus Technology Services Private Limited
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Logus Technology Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PTC204459. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Narendra Bhandari and Rajiv Merchant.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹33.18 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹2.4 Lakh (net margin -7.2%) and EBITDA of ₹14.55 Lakh (EBITDA margin 43.9%).
As per MCA filings, the company has open charges of ₹27.45 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Logus Technology Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC – 204 Raheja Heights Opp. Saraswat Bank Gen. A. K. Vaidya Marg Dindoshi Malad, (East), Mumbai, Maharashtra, India – 400097
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Logus Technology 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 Logus Technology Services 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 Logus Technology Services Private Limited, buy the company report.
Financials of Logus Technology Services Private Limited
FY 2016 filings availableLogus Technology Services Private Limited reported revenue of ₹33.18 Lakh (down 93% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 93% in the latest year. EBITDA fell 82% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹33.18 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹14.55 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.4 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 43.9% | |
| Net Profit Margin | -7.2% | |
| 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 Logus Technology Services Private Limited, buy the company report.
Board of directors of Logus Technology Services Private Limited
Logus Technology Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Bhandari Also directs: Logus Tech Solutions LLP | Director | 07 Jul 2010 | 16 Years 3 Months | Current |
| Rajiv Merchant | Director | 18 Jun 2010 | 16 Years 4 Months | Current |
Auditor
Logus Technology Services Private Limited is audited by NIKHIL BHOOT & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIKHIL BHOOT & CO | FY 2016 | 129559W |
Shareholding
The shareholding of Logus Technology Services Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Logus Technology Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2017 | 100118232 | Others | ₹70 Lakh | Open | |
| 19 Nov 2015 | 10605335 | Others | ₹24.95 Cr | Open | |
| 19 Nov 2015 | 10610136 | The Cosmos Co-Op Bank Ltd | ₹70 Lakh | Open | |
| 07 Apr 2015 | 10569657 | Icici Bank Limited | ₹1.1 Cr | Open |
To see the full charge records of Logus Technology Services Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Logus Technology Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by The Cosmos Co-Op Bank Ltd., Th - Vilas J. Shelke | Disposed |
To see the full case history of Logus Technology 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
No delayed payments to MSME suppliers are on our record for Logus Technology Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Logus Technology Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Logus Technology Services Private Limited, buy the company report.
Recent activity
Logus Technology Services Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Shweta Laxmikant Shanbhag ceased to be Director on 31 Dec 2011.
Frequently asked questions
Logus Technology Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 June 2010 (16+ years old) and is registered under CIN U72900MH2010PTC204459.
Logus Technology Services has 2 current directors:
- Narendra Bhandari - Director
- Rajiv Merchant - Director
The latest financial statements of Logus Technology Services on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Logus Technology Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Logus Technology Services is U72900MH2010PTC204459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Logus Technology Services has 1 court case on record: 1 filed against it.
Logus Technology Services was incorporated on 18 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Shweta Laxmikant Shanbhag ceased to be Director on 31 Dec 2011. Narendra Bhandari was appointed as Director on 07 Jul 2010. Rajiv Merchant was appointed as Director on 18 Jun 2010.
The registered office of Logus Technology Services is at C – 204 Raheja Heights Opp. Saraswat Bank Gen. A. K. Vaidya Marg Dindoshi Malad, East, Mumbai, Maharashtra, India – 400097.
Logus Technology Services operates in the information technology industry, in the IT consulting and support services segment.