Letsgain Private Limited
About Letsgain Private Limited
Data last updated:
Letsgain Private Limited is a private limited company based in Allahabad, Uttar Pradesh, India. It operates in the crop production and distribution segment of the agriculture sector. It was incorporated on 01 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U74999UP2016PTC085317. Its GSTIN is 09AADCL1226D1ZY (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shamsher Singh and Ankit Kumar Singh.
Its last annual general meeting (AGM) was held on 31 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 97F/7H Vishnapuri Colony Ponghat Pull Lane No – 13 Bamrauli Allahabad, Uttar Pradesh, India – 211012.
As per the financials filed for FY 2022, the company reported a revenue of ₹36.24 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹26,953 (net margin 0.7%) and EBITDA of ₹2.38 Lakh (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 60% over five years.
Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Letsgain Private Limited's registered office is in Allahabad, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address97F/7H Vishnapuri Colony Ponghat Pull Lane No – 13 Bamrauli Allahabad, Uttar Pradesh, India – 211012
- IndustryAgriculture, Crop Production & Distribution
To see the full contact details of Letsgain 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 Letsgain is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Letsgain Private Limited, buy the company report.
Financials of Letsgain Private Limited
FY 2022 filings availableLetsgain Private Limited reported revenue of ₹36.24 Lakh (down 40% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 60%. EBITDA fell 15% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹2.38 Lakh | ||||
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| Net Profit (PAT) | ₹26,953 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Letsgain Private Limited, buy the company report.
Board of directors of Letsgain Private Limited
Letsgain has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shamsher Singh | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
| Ankit Kumar Singh | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Letsgain Private Limited is audited by SHIVAM AGARWAL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVAM AGARWAL & ASSOCIATES | FY 2021 | 018746C |
Shareholding
The shareholding of Letsgain Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Letsgain Private Limited, buy the company report.
Legal cases
Letsgain Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Fena Pvt. Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Lendingkart Finance Limited | Disposed |
| District court, Prayagraj, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
To see the full case history of Letsgain 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 Letsgain Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Letsgain has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCL1226D1ZY | Uttar Pradesh | Active | 03 Aug 2017 |
| 10AADCL1226D1ZF | Bihar | Active | 30 Sep 2019 |
To see the full GST registrations and return filing status of Letsgain Private Limited, buy the company report.
Recent activity
Letsgain Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ankit Kumar Singh was appointed as Director on 01 Aug 2016.
Frequently asked questions
Letsgain is an active private limited company based in Allahabad, Uttar Pradesh, India. The company works in crop production and distribution, within the agriculture industry. It was incorporated on 01 August 2016 (10+ years old) and is registered under CIN U74999UP2016PTC085317.
Letsgain has 2 current directors:
- Shamsher Singh - Director
- Ankit Kumar Singh - Director
The latest financial statements of Letsgain on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 December 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Letsgain is 09AADCL1226D1ZY, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 10AADCL1226D1ZF (Bihar).
The CIN (Corporate Identification Number) of Letsgain is U74999UP2016PTC085317. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Letsgain has 3 court cases on record: 3 filed against it. 2 are pending.
Letsgain was incorporated on 01 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Ankit Kumar Singh was appointed as Director on 01 Aug 2016. Shamsher Singh was appointed as Director on 01 Aug 2016.
The registered office of Letsgain is at 97F7H Vishnapuri Colony Ponghat Pull Lane No – 13 Bamrauli Allahabad, Uttar Pradesh, India – 211012.
Letsgain operates in the agriculture industry, in the crop production and distribution segment.