Letstech Softwares Private Limited - Due diligence report

A 360° intelligence report on Letstech Softwares Private Limited: trust score, financial health, credit view, compliance, directors, growth …

2019-03-01 Hubli, Karnataka Active Unlisted Active Compliant
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Letstech Softwares Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
64/100
Trust Score
Moderate

Letstech Softwares Private Limited is assessed as Moderate with a Trust Score of 64/100. Letstech Softwares Private Limited is an active private limited indian non-government company incorporated in 2019, operating in the Software sector. Processed financial statements are not yet available for trend analysis. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 19 Jul 2026 from the latest processed filings. Letstech Softwares Private Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
64/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
75/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreNo Data
N/A
Needs at least two filed years to measure growth.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 1 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 75/100 Low Risk
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2021 - filings overdue.
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
KULKARNI VENKATARAO GANGADHAR 01234567 Director 01/04/2018 6 yrs Approved
HEMALATHA GANGADHARA KULAKARNI 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • KULKARNI VENKATARAO GANGADHAR has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth N/A · Distress 80
Growth signals & trust indicators
Operating for 7 years.
Distress signals & risk flags
Statutory filings appear overdue.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence73/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment51/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view30/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 6 events
30 Nov 2021
Last AGM held
Annual general meeting
04 Aug 2021
Director appointed
HEMALATHA GANGADHARA KULAKARNI (Additional Director)
Director ceased
SUMANT GANGADHAR KULKARNI
31 Mar 2021
Latest balance sheet
Filed with ROC
01 Mar 2019
Incorporated
Registered with Roc Bangalore
Director appointed
KULKARNI VENKATARAO GANGADHAR (Director)
10

Key Observations

Auto-generated from the data above
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); review board churn before relying on management continuity.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Webnirvana Solutions (Opc) Private Limited U72200WB2019OPC230892 Narendrapur, West Bengal, India
Quintumnia Technics Private Limited U72200OR2016PTC025167 Cuttack, Orissa, India
Ken Infotech Private Limited U72200UP2005PTC029426 Lucknow, Uttar Pradesh, India
Ksvs Solutions Private Limited U72200AP2019PTC111993 Tenali, Andhra Pradesh, India
Ala Infocom Private Limited U72200UP2018PTC105866 Kanpur, Uttar Pradesh, India
Merkado Rha Services Private Limited U72200KA2019PTC128337 Yelahnaka, Bengaluru, Karnataka, India
Pixetech Unite Private Limited U72200DL2018PTC341625 Delhi, Delhi, India
Qualark Solutions Private Limited U72200DL2018PTC339798 New Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Letstech Softwares Private Limited before audits and certifications: compliance score 75/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Letstech Softwares Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score n/a, margin trends, ownership structure and peer set for Letstech Softwares Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 64/100, distress signals and MSME payment-delay disclosures - know whether Letstech Softwares Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Letstech Softwares Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Letstech Softwares Private Limited an active company?

Letstech Softwares Private Limited has MCA status “Active” with a compliance score of 75/100 (Low Risk).

Is Letstech Softwares Private Limited financially healthy?

Letstech Softwares Private Limited has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Letstech Softwares Private Limited?

Its overall Trust Score is 64/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Letstech Softwares Private Limited?

See the directors and ownership sections above for board and shareholding detail. 2 active director(s) are on record.

Does Letstech Softwares Private Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Letstech Softwares Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2021 - filings overdue. Overall compliance score: 75/100 (Low Risk).

Is it risky to lend to Letstech Softwares Private Limited?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.