About Le Ecosystem Technology India Private Limited
Data last updated:
Le Ecosystem Technology India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Le Ecosystem Technology Pte Ltd, Singapore. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 20 November 2015.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52100KA2015FTC093037. Its GSTIN is 29AACCL9691H2ZV (Karnataka). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.75 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Bharat Goswami and Vidya Devi.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Nos 205 & 206 2nd Floor Prestige Meridian I No.29 Mahatma Gandhi Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2017, the company reported a revenue of ₹210.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.55 Cr (net margin -1.7%) and EBITDA of -₹1.11 Cr (EBITDA margin -0.5%).
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Lakh on record. Court records list 17 cases involving the company, including 3 filed by the company and 14 filed against it; 3 cases are pending.
The last known website on record is le.com.
Company details
CIN history
Le Ecosystem Technology India has one previous CIN (Corporate Identification Number): U51909KA2015FTC093037. The current CIN is U52100KA2015FTC093037, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100KA2015FTC093037 | Current |
| U51909KA2015FTC093037 | Previous |
Contact details
Le Ecosystem Technology India Private Limited's registered office is in Bangalore, Karnataka. Its website is le.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNos 205 & 206 2nd Floor Prestige Meridian I No.29 Mahatma Gandhi Road, Bangalore, Karnataka, India – 560001
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Le Ecosystem Technology India 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 Le Ecosystem Technology India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Le Ecosystem Technology India Private Limited, buy the company report.
Financials of Le Ecosystem Technology India Private Limited
FY 2017 filings availableLe Ecosystem Technology India Private Limited reported revenue of ₹210.3 Cr (up 977% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 977% in the latest year. EBITDA fell 152% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹210.3 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.11 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.55 Cr | |
| 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 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.5% | |
| Net Profit Margin | -1.7% | |
| 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 Le Ecosystem Technology India Private Limited, buy the company report.
Board of directors of Le Ecosystem Technology India Private Limited
Le Ecosystem Technology India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Goswami | Additional Director | 26 Oct 2017 | 9 Years 0 Months | As last reported |
| Vidya Devi | Additional Director | 18 Sep 2018 | 8 Years 1 Months | As last reported |
Auditor
Le Ecosystem Technology India Private Limited is audited by K S RAMKUMAR AND CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S RAMKUMAR AND CO. | FY 2017 | 006167S |
Shareholding
The shareholding of Le Ecosystem Technology India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Le Ecosystem Technology India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2017 | 100158227 | Citi Bank N.A. | ₹2 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Le Ecosystem Technology India Private Limited has 17 court cases on record: 3 filed by Le Ecosystem Technology India, 14 filed against it. 3 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 11 | 2 |
| District courts | 2 | 2 | 1 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Living Media India Limited | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by M/S. Rolex Logistics Private Limited | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed by the company against Compal Electronics India Private Limited | Disposed |
| Bombay High Court | Court case (GRN) | Filed against the company by Orchard Advertising Pvt Ltd | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by Orchard Advertising Pvt Ltd | Disposed |
To see the full case history of Le Ecosystem Technology 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
No delayed payments to MSME suppliers are on our record for Le Ecosystem Technology India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Le Ecosystem Technology India Private Limited has a workforce of 2 employees on its EPFO records as of Apr 02, 2024, across 2 active EPFO establishments.
GST
Le Ecosystem Technology India has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCL9691H2ZV | Karnataka | Active | 20 Jul 2020 |
To see the full GST registrations and return filing status of Le Ecosystem Technology India Private Limited, buy the company report.
Recent activity
Le Ecosystem Technology India Private Limited has 10 board changes on record since 2016: 2 appointments and 8 cessations. The latest: Vidya Devi ceased to be Additional Director on 25 May 2019.
2 earlier events are in the company report.
News
Frequently asked questions
Le Ecosystem Technology India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Le Ecosystem Technology India is a company under liquidation, formerly operating as a foreign private limited company based in Bangalore, Karnataka, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 20 November 2015 and is registered under CIN U52100KA2015FTC093037. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Le Ecosystem Technology India has 2 current directors:
- Bharat Goswami - Additional Director
- Vidya Devi - Additional Director
The latest financial statements of Le Ecosystem Technology India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Le Ecosystem Technology India is U52100KA2015FTC093037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Le Ecosystem Technology India has open charges of ₹2 Lakh and no satisfied charges on record as per latest MCA filings.
Le Ecosystem Technology India has 17 court cases on record: 3 filed by the company and 14 filed against it. 3 are pending. Most are in the high courts.
Le Ecosystem Technology India was incorporated on 20 November 2015. It is registered with the Registrar of Companies, Bangalore.
Vidya Devi ceased to be Additional Director on 25 May 2019. Bharat Goswami ceased to be Additional Director on 30 Sep 2018. Vidya Devi was appointed as Additional Director on 18 Sep 2018. Le Ecosystem Technology India has 10 board changes on record in total.
Le Ecosystem Technology India can be reached through the website le.com. Its registered office is in Bangalore, Karnataka, India.