About Lakshmi Nest Private Limited
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Lakshmi Nest Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 01 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70109TN2009PTC073067. Its GSTIN is 33AABCL7212R1ZA (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Panta Venkata Bhaskar Panta Ashwin and Panta Himagirija.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at New No. 6 Old No.18 1st Canal Cross Road Adyar Gandhinagar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.19 Lakh, a growth of 75% compared to the previous year. For the same year it recorded a net loss of ₹4.04 Lakh (net margin -65.2%) and EBITDA of -₹2.75 Lakh (EBITDA margin -44.4%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 37% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lakshminest.com.
Company details
Contact details
Lakshmi Nest Private Limited's registered office is in Chennai, Tamil Nadu. Its website is lakshminest.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNew No. 6 Old No.18 1st Canal Cross Road Adyar Gandhinagar, Chennai, Tamil Nadu, India – 600020
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Lakshmi Nest 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 Lakshmi Nest is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Lakshmi Nest Private Limited, buy the company report.
Financials of Lakshmi Nest Private Limited
FY 2022 filings availableLakshmi Nest Private Limited reported revenue of ₹6.19 Lakh (up 75% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 75% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 37%. EBITDA rose 12% 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
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| EBITDA | -₹2.75 Lakh | ||||
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| Net Profit (PAT) | -₹4.04 Lakh | ||||
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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 | -44.4% | ||||
| Net Profit Margin | -65.2% | ||||
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To see the full financial statements and ratios of Lakshmi Nest Private Limited, buy the company report.
Board of directors of Lakshmi Nest Private Limited
Lakshmi Nest has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Panta Venkata Bhaskar Panta Ashwin | Director | 01 Oct 2009 | 17 Years 1 Months | Current |
| Panta Himagirija | Director | 01 Oct 2009 | 17 Years 1 Months | Current |
Auditor
Lakshmi Nest Private Limited is audited by K SRINIVASULU & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K SRINIVASULU & CO | FY 2018 | 004062S |
Shareholding
The shareholding of Lakshmi Nest Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lakshmi Nest Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lakshmi Nest Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lakshmi Nest Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lakshmi Nest has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCL7212R1ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lakshmi Nest Private Limited, buy the company report.
Recent activity
Lakshmi Nest Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Panta Himagirija was appointed as Director on 01 Oct 2009.
Frequently asked questions
Lakshmi Nest is an active private limited company based in Chennai, Tamil Nadu, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 01 October 2009 (17+ years old) and is registered under CIN U70109TN2009PTC073067.
Lakshmi Nest has 2 current directors:
- Panta Venkata Bhaskar Panta Ashwin - Director
- Panta Himagirija - Director
The latest financial statements of Lakshmi Nest on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Lakshmi Nest is 33AABCL7212R1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Lakshmi Nest is U70109TN2009PTC073067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lakshmi Nest was incorporated on 01 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
Panta Himagirija was appointed as Director on 01 Oct 2009. Panta Venkata Bhaskar Panta Ashwin was appointed as Director on 01 Oct 2009.
Lakshmi Nest can be reached through the website lakshminest.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Lakshmi Nest is at New No. 6 Old No.18 1st Canal Cross Road Adyar Gandhinagar, Chennai, Tamil Nadu, India – 600020.
Lakshmi Nest operates in the travel and hospitality industry, in the hotel and accommodation services segment.
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