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Lendingkart Technologies
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Registered Details

LENDINGKART TECHNOLOGIES PRIVATE LIMITED

www.lendingkart.com

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Gujarat ›

Computer Related Services ›

LENDINGKART TECHNOLOGIES PRIVATE LIMITED

Active

Updated: 04 Jul 2025

The company is a fin-tech startup in the working capital space. It has developed technology tools based on big data analysis which facilitates lenders to evaluate borrower’s credit worthiness and provides other related services.

Lendingkart Technologies Private Limited, also popularly known as Lendingkart, is an unlisted private company incorporated on 15 December, 2014. It is classified as a private limited company and is located in , . It's authorized share capital is INR 4.98 cr and the total paid-up capital is INR 4.01 cr.

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Industry and products

Computer Related Services

technology tools based on big data analysis that facilitate lenders to evaluate borrower’s credit worthiness and provide other related services.

Company size

Auth Capital

₹ 5.0 Cr

Paidup Capital

₹ 4.0 Cr

Revenue

₹ 100-150 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

56.57%

₹ 134.2

EBITDA

₹ -11.1

Net Profit

-434.79%

₹ -54.0

Networth

-1.79%

₹ 783.7

Borrowings

224.33%

₹ 289.2

Assets

22.57%

₹ 1,121.0

Gross Margin

100.0 %

Operating Margin

21.46

-11.7 %

Net Profit Margin

-59.06

-40.2 %

Return on Equity

-8.91

-6.9 %

ROCE

-11.5

-62.6 %

Debt to Equity

0.26

0.4

Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (4)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Anindo Mukherjee	00019375	7 years
Director	Pavan Pal Kaushal	07117387	3 years
Director	Hong Ping Yeo	08401270	6 years
Director	Raichand Sardarmal Lunia Shareholder	01188845	6 years
Managing Director	Harshvardhan Raichand Lunia Shareholder	01189114	9 years
Additional Director	Venkateswara Rao Thallapaka	05273533	0 years

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	4.6	4.1	5.5	61.1	95.3
Operating profit	-40.2	-35.7	-43.7	-20.2	-11.1
Net profit	-51.2	-46.7	-62.0	16.1	-54.0
Gross margin	100.0	100.0	100.0	100.0	100.0
Operating margin	-878.8	-871.4	-800.7	-33.1	-11.7
Net margin	-467.5	-359.5	-703.2	18.8	-40.2
Networth	819.6	860.8	773.3	797.9	783.7
Borrowings	12.6	3.3	76.8	89.2	289.2
Assets	847.4	880.5	867.0	914.6	1,121.0
Debt to equity	0.0	0.0	0.1	0.1	0.4
Current ratio	3.6	7.0	6.7	1.7	0.9
ROE	-6.2	-5.4	-8.0	2.0	-6.9
Days payable	-	-	-	-	-
WC days	3,478.0	7,146.0	5,746.0	143.0	-69.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	2.4	2.5	2.5	2.5	2.5
Reserves	817.2	858.3	770.7	795.4	781.1
Borrowings +	12.6	3.3	76.8	89.2	289.2
Long term borrowings	3.7	-	74.3	75.4	164.9
Short term borrowings	8.9	3.3	2.5	13.8	124.3
Trade payables +	-	-	3.6	3.1	5.1
Days payable	-	-	-	-	-
Other liabilities +	15.2	16.4	16.9	27.5	48.2
Other non-current liabilities	7.5	6.3	4.4	5.1	18.4
Other current liabilities	7.7	10.0	8.9	19.3	24.6
Total liabilities	847.4	880.5	867.0	914.6	1,121.0
Fixed Assets +	30.9	31.1	44.5	69.9	103.5
Tangible assets	6.4	4.6	3.7	3.0	11.2
CWIP	0.6	0.8	1.8	3.4	2.7
Intangible assets	23.9	25.6	39.0	63.5	89.7
LT loans and advances	34.6	34.6	-	-	82.5
Other non-current assets	721.8	721.4	721.5	784.6	798.9
Current assets +	60.1	93.5	101.0	60.1	136.2
Inventories	-	-	-	-	-
Trade receivables	-	-	1.2	10.3	17.3
Cash and cash equivalents	2.6	1.3	63.1	25.3	47.5
ST loans and advances	-	-	-	-	17.5
Other current assets	57.5	92.2	36.7	24.4	53.9
Total assets	847.4	880.5	867.0	914.6	1,121.0

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.28	0.29	0.29	0.28	0.22
Reserves	96.44	97.48	88.9	86.97	69.68
Borrowings +	1.49	0.38	8.85	9.75	25.8
Long term borrowings	0.44	0.0	8.57	8.24	14.71
Short term borrowings	1.05	0.38	0.28	1.51	11.09
Trade payables	0.0	0.0	0.42	0.34	0.46
Other liabilities +	1.79	1.86	1.95	3.0	4.3
Other non-current liabilities	0.88	0.72	0.51	0.55	1.64
Other current liabilities	0.91	1.14	1.02	2.11	2.2
Total liabilities
Fixed Assets +	3.65	3.53	5.13	7.64	9.23
Tangible assets	0.76	0.53	0.43	0.33	1.0
CWIP	0.07	0.09	0.21	0.37	0.24
Intangible assets	2.82	2.91	4.5	6.94	8.0
LT loans and advances	4.08	3.93	0.0	0.0	7.36
Other non-current assets	85.17	81.93	83.22	85.79	71.27
Current assets +	7.1	10.61	11.65	6.57	12.15
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	0.0	0.0	0.14	1.13	1.54
Cash and cash equivalents	0.31	0.14	7.27	2.77	4.24
ST loans and advances	0.0	0.0	0.0	0.0	1.56
Other current assets	6.79	10.47	4.24	2.67	4.81
Total assets

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	2.4	2.5	2.5	2.5	2.5
Reserves	788.5	848.2	654.2	781.6	824.3
Borrowings +	1,587.6	1,635.0	1,873.5	1,769.4	2,630.5
Long term borrowings	738.9	688.2	673.9	708.0	1,115.5
Short term borrowings	848.7	946.8	1,199.6	1,061.4	1,515.0
Trade payables +	-	-	3.6	3.1	12.6
Days payable	-	-	-	-	-
Other liabilities +	98.7	158.3	254.4	473.0	361.3
Other non-current liabilities	46.7	82.1	127.7	190.0	152.5
Other current liabilities	51.9	76.2	123.1	279.9	196.3
Total liabilities	2,477.1	2,644.1	2,784.5	3,026.5	3,818.6
Fixed Assets +	68.1	58.7	66.7	88.9	139.3
Tangible assets	41.6	29.6	24.6	21.5	46.4
CWIP	1.3	2.8	2.4	3.4	2.7
Intangible assets	25.1	26.3	39.7	64.0	90.2
LT loans and advances	1,129.6	1,144.3	1,105.7	1,034.2	1,276.5
Other non-current assets	60.4	88.1	221.3	304.6	291.8
Current assets +	1,219.1	1,353.0	1,390.9	1,598.8	2,111.0
Inventories	-	-	-	-	-
Trade receivables	-	-	-	3.5	7.2
Cash and cash equivalents	54.7	289.3	276.0	206.0	418.4
ST loans and advances	997.3	794.4	810.3	722.7	836.9
Other current assets	167.0	269.3	304.6	666.7	848.4
Total assets	2,477.1	2,644.1	2,784.5	3,026.5	3,818.6

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.1	0.1	0.09	0.08	0.07
Reserves	31.83	32.08	23.49	25.82	21.59
Borrowings +	64.09	61.84	67.28	58.46	68.89
Long term borrowings	29.83	26.03	24.2	23.39	29.21
Short term borrowings	34.26	35.81	43.08	35.07	39.67
Trade payables	0.0	0.0	0.13	0.1	0.33
Other liabilities +	3.98	5.99	9.14	15.63	9.46
Other non-current liabilities	1.89	3.1	4.58	6.28	3.99
Other current liabilities	2.1	2.88	4.42	9.25	5.14
Total liabilities
Fixed Assets +	2.75	2.22	2.39	2.94	3.65
Tangible assets	1.68	1.12	0.88	0.71	1.22
CWIP	0.05	0.11	0.08	0.11	0.07
Intangible assets	1.01	0.99	1.43	2.11	2.36
LT loans and advances	45.6	43.28	39.71	34.17	33.43
Other non-current assets	2.44	3.33	7.95	10.06	7.64
Current assets +	49.21	51.17	49.95	52.83	55.28
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	0.0	0.0	0.0	0.12	0.19
Cash and cash equivalents	2.21	10.94	9.91	6.81	10.96
ST loans and advances	40.26	30.05	29.1	23.88	21.92
Other current assets	6.74	10.18	10.94	22.03	22.22
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	4.6	4.1	5.5	61.1	95.3
Sales growth %	56.27	-10.52	33.56	1018.54	55.97
Expenses +	62.2	59.7	70.9	121.6	188.2
Cost of goods	-	-	-	-	-
Employee cost	19.8	26.8	27.4	35.6	51.6
Other costs	24.9	13.0	21.9	45.8	54.8
Operating profit +	-40.2	-35.7	-43.7	-20.2	-11.1
Operating margin %	-878.8	-871.4	-800.7	-33.1	-11.7
Other income	6.4	8.9	3.4	24.6	38.9
Interest	2.7	2.2	1.3	12.5	39.3
Depreciation	14.8	17.8	20.3	27.7	42.5
Exceptional items	-	-	-	-	-
Profit before tax	-51.2	-46.7	-62.0	-35.9	-54.0
Tax	-	-	-	-52.0	-
Profit - disc. ops	-	-	-	-	-
Net profit	-51.2	-46.7	-62.0	16.1	-54.0
Net margin %	-467.5	-359.5	-703.2	18.8	-40.2

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	41.73	31.48	61.93	71.3	71.02
Expenses +	567.54	459.54	803.17	141.84	140.24
Cost of goods	0.0	0.0	0.0	0.0	0.0
Employee cost	180.97	205.92	310.02	41.5	38.44
Other costs	227.53	99.91	247.79	53.4	40.86
Operating profit	-366.76	-274.34	-495.88	-23.6	-8.28
Other income	58.27	68.52	38.07	28.7	28.98
Interest	24.26	17.07	15.2	14.63	29.27
Depreciation	134.78	136.64	230.17	32.32	31.67
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	-467.54	-359.54	-703.17	-41.84	-40.24
Tax	0.0	0.0	0.0	-60.66	0.0
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	-467.54	-359.54	-703.17	18.82	-40.24

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	446.1	474.9	616.4	798.5	1,090.6
Sales growth %	114.2	6.47	29.79	29.53	36.59
Expenses +	479.4	518.6	889.0	751.5	1,194.3
Cost of goods	-	-	-	-	-
Employee cost	69.9	63.6	71.9	113.3	199.0
Other costs	208.6	245.7	552.3	355.6	649.9
Operating profit +	167.6	165.7	-7.7	329.6	241.8
Operating margin %	37.6	34.9	-1.2	41.3	22.2
Other income	23.9	25.0	26.7	59.6	127.2
Interest	179.8	184.7	238.8	249.7	293.5
Depreciation	21.1	24.6	26.0	33.0	51.9
Exceptional items	-	-	-	-	-
Profit before tax	-9.3	-18.6	-245.9	106.5	23.6
Tax	12.3	9.8	-42.5	-12.3	20.3
Profit - disc. ops	-	-	-	-	-
Net profit	-21.6	-28.4	-203.4	118.8	3.3
Net margin %	-4.6	-5.7	-31.6	13.8	0.3

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	94.91	94.99	95.85	93.06	89.55
Expenses +	101.99	103.72	138.23	87.59	98.07
Cost of goods	0.0	0.0	0.0	0.0	0.0
Employee cost	14.88	12.72	11.17	13.2	16.34
Other costs	44.37	49.14	85.88	41.44	53.36
Operating profit	35.66	33.13	-1.2	38.41	19.85
Other income	5.09	5.01	4.15	6.94	10.45
Interest	38.25	36.94	37.14	29.1	24.1
Depreciation	4.48	4.92	4.04	3.84	4.26
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	-1.99	-3.72	-38.23	12.41	1.93
Tax	2.61	1.97	-6.61	-1.43	1.67
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	-4.6	-5.69	-31.62	13.85	0.27

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.0	0.0	0.1	0.1	0.4
Net Debt/Equity	0.0	0.0	0.0	0.1	0.3
Total Debt/Assets	0.0	0.0	0.1	0.1	0.3
Total Assets/Equity	1.0	1.0	1.1	1.1	1.4
Liquidity +
Current Ratio	3.6	7.0	6.7	1.7	0.9
Quick Ratio	3.6	7.0	6.7	1.7	0.9
Interest Coverage	-15.1	-16.1	-32.6	-1.6	-0.3
Performance
Gross Margin	100.0	100.0	100.0	100.0	100.0
Operating Margin	-878.8	-871.4	-800.7	-33.1	-11.7
Net Margin	-467.5	-359.5	-703.2	18.8	-40.2
Return +
Return on Equity	-6.2	-5.4	-8.0	2.0	-6.9
Pre-tax ROCE	-73.7	-48.0	-49.1	-51.1	-62.6
Return on Assets	-6.0	-5.3	-7.2	1.8	-4.8
Pre-tax ROIC	-6.6	-6.2	-8.1	-5.6	-5.2
Efficiency +
Days Payable	-	-	-	-	-
Days Inventory	-	-	-	-	-
Days Receivable	0.0	0.0	80.0	62.0	66.0
Fixed Asset Turnover	0.1	0.1	0.1	0.9	0.9
Total Asset Turnover	0.0	0.0	0.0	0.1	0.1
Working Capital
Cash Conversion Cycle	0.0	0.0	80.0	62.0	66.0
Working Capital Days	3,478.0	7,146.0	5,746.0	143.0	-69.0

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	2.0	1.9	2.9	2.3	3.2
Net Debt/Equity	1.9	1.6	2.4	2.0	2.7
Total Debt/Assets	0.6	0.6	0.7	0.6	0.7
Total Assets/Equity	3.1	3.1	4.2	3.9	4.6
Liquidity +
Current Ratio	1.4	1.3	1.1	1.2	1.2
Quick Ratio	1.4	1.3	1.1	1.2	1.2
Interest Coverage	0.9	0.9	-0.0	1.3	0.8
Performance
Gross Margin	100.0	100.0	100.0	100.0	100.0
Operating Margin	37.6	34.9	-1.2	41.3	22.2
Net Margin	-4.6	-5.7	-31.6	13.8	0.3
Return +
Return on Equity	-2.7	-3.3	-31.0	15.2	0.4
Pre-tax ROCE	37.9	36.3	-25.7	86.4	36.1
Return on Assets	-0.9	-1.1	-7.3	3.9	0.1
Pre-tax ROIC	6.3	6.4	-1.5	12.6	6.2
Efficiency +
Days Payable	-	-	-	-	-
Days Inventory	-	-	-	-	-
Days Receivable	0.0	0.0	0.0	2.0	2.0
Fixed Asset Turnover	6.5	8.1	9.2	9.0	7.8
Total Asset Turnover	0.2	0.2	0.2	0.3	0.3
Working Capital
Cash Conversion Cycle	0.0	0.0	0.0	2.0	2.0
Working Capital Days	261.0	254.0	38.0	116.0	130.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

Bank wise

Charges

Catalyst Trusteeship Limited

No. of Loans: 2

Total Amount : 250.0 cr

Axis Trustee Services Limited

No. of Loans: 1

Total Amount : 100.0 cr

Small Industries Development Bank of India

No. of Loans: 1

Total Amount : 50.0 cr

MICRO UNITS DEVELOPMENT & REFINANCE AGENCY LIMITED

No. of Loans: 1

Total Amount : 25.0 cr

TamilNadu Industrial Investment Corporation Limited

No. of Loans: 1

Total Amount : 13.5 cr

Charge Holder	Amount	Date of creation/modification
Catalyst Trusteeship Limited	50.0 cr	17 May, 2025
Axis Trustee Services Limited	100.0 cr	17 May, 2024
TamilNadu Industrial Investment Corporation Limited	13.5 cr	30 Mar, 2024
Catalyst Trusteeship Limited	200.0 cr	19 Jun, 2023
Small Industries Development Bank of India	50.0 cr	24 Mar, 2023
MICRO UNITS DEVELOPMENT & REFINANCE AGENCY LIMITED	25.0 cr	29 Nov, 2022

Charges

Catalyst Trusteeship Limited

Axis Trustee Services Limited

Small Industries Development Bank of India

MICRO UNITS DEVELOPMENT & REFINANCE AGENCY LIMITED

Others

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
LENDINGKART FINANCE LIMITED	Active	194.0 Cr	5
LENDINGKART ACCOUNT AGGREGATOR PRIVATE LIMITED	Active	4.0 Cr	2	Maharashtra
INDIA QUOTIENT ADVISERS LLP	Active	1.0 L	1	Gujarat
DIGITAL LENDERS ASSOCIATION OF INDIA	Active	0.0	1	Karnataka
GREENSPRING ADVISORS LLP	Defunct	1.0 L	1	Gujarat
ALKALI METALS LTD.	Active	10.2 Cr	1	Telangana
LADDERUP FINANCE LIMITED	Active	12.9 Cr	1	Maharashtra
MITCON CREDENTIA TRUSTEESHIP SERVICES LIMITED	Active	10.5 Cr	1	Maharashtra
MUNZ FINTECH PRIVATE LIMITED	Strike Off	3.0 Cr	1	Telangana
EASY HOME FINANCE LIMITED	Active	44.5 Cr	1	Maharashtra
BGSE FINANCIALS LIMITED	Active	14.9 Cr	1	Karnataka
WEST END INVESTMENT AND FINANCE CONSULTANCY PVT LTD	Active	99.7 L	1	Maharashtra
STCI PRIMARY DEALER LIMITED	Active	150.0 Cr	1	Maharashtra
CUPID LIMITED	Active	26.8 Cr	1
INNOVEN CAPITAL INDIA PRIVATE LIMITED	Active	9.2 Cr	1	Maharashtra
PNB HOUSING FINANCE LIMITED	Active	260.1 Cr	1
ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED	Active	324.9 Cr	1

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
LENDINGKART FINANCE LIMITED		1996	₹ 194.0 Cr
LENDINGKART ACCOUNT AGGREGATOR PRIVATE LIMITED	Maharashtra	2019	₹ 4.0 Cr

Tofler Score

Good

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

VERY LOW INTEREST COVERAGE

Moderate Risk

LOSS MAKING
RECEIVABLES DETERIORATING
LOW ROCE

Low Risk

No risks identified

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

CIN

U72900GJ2014PTC081539

PAN

AACCL7816J

Incorporation

2014, 10.6 years

Company Email

kumudini.aggarwal@lendingkart.com

Paid up Capital

₹ 4.0 Cr

Authorised Capital

₹ 5.0 Cr

AGM

Sep 2024

Type

Private

Others

FAQ - LENDINGKART TECHNOLOGIES PRIVATE LIMITED

What is the incorporation date of LENDINGKART TECHNOLOGIES PRIVATE LIMITED?

The incorporation date of LENDINGKART TECHNOLOGIES PRIVATE LIMITED is 15 December, 2014

What is the authorized share capital of LENDINGKART TECHNOLOGIES PRIVATE LIMITED?

The authorized share capital of LENDINGKART TECHNOLOGIES PRIVATE LIMITED is INR ₹ 5.0 Cr.

What is the paid-up capital of LENDINGKART TECHNOLOGIES PRIVATE LIMITED?

The paid-up capital of LENDINGKART TECHNOLOGIES PRIVATE LIMITED is INR ₹ 4.0 Cr.

What is the registered address of LENDINGKART TECHNOLOGIES PRIVATE LIMITED?

The registered address of LENDINGKART TECHNOLOGIES PRIVATE LIMITED is 401, 4th Floor Iconic Shyamal, Near Shyamal Cross-Roads, Manekbag, Ahmedabad, Ahmadabad City, Gujarat, India, 380015 - 380015

What is the CIN number of LENDINGKART TECHNOLOGIES PRIVATE LIMITED?

The CIN number of LENDINGKART TECHNOLOGIES PRIVATE LIMITED is U72900GJ2014PTC081539.

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Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More

LENDINGKART TECHNOLOGIES PRIVATE LIMITED

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