L G System India Private Limited
About L G System India Private Limited
Data last updated:
L G System India Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 18 April 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2000PTC125913. Its GSTIN is 27AAACL5847P1ZV (Maharashtra).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Meeta Chandan Jitendra and Gaurav Jitendra Chandan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 24/9 Krishna Kunjbehind Arora Cinema King Circle, Mumbai, Maharashtra, India – 400019.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.07 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹16.69 Lakh (net margin 75.6%) and EBITDA of ₹18.33 Lakh (EBITDA margin 83%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address24/9 Krishna Kunjbehind Arora Cinema King Circle, Mumbai, Maharashtra, India – 400019
- IndustryTelecom, Telecom Equipment & Tech Solutions
- 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
- One PDF report, delivered after checkout
Financials of L G System India Private Limited FY 2024 filings available
L G System India Private Limited reported revenue of ₹22.07 Lakh (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of L G System India Private Limited
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 17% 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 of L G System India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹18.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.69 Lakh | •••• | •••• | •••• | •••• |
| 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 of L G System India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 75.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of L G System India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of L G System India Private Limited
L G System India Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Telecom Equipment and Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Measurements and Controls India Limited | ₹23 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Wavenet Solutions Private Limited | ₹22.88 Lakh (FY 2024) | •••• | •••• | -30.0% | •••• | Gurgaon, Haryana, India |
| Magnum Hi-Tech Industries Private Limited | ₹22.86 Lakh (FY 2025) | •••• | •••• | 9034.0% | •••• | Kolkata, West Bengal, India |
| Tripple7bull Innovations Private Limited | ₹22.86 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Derysk Tech Private Limited | ₹22.84 Lakh (FY 2025) | •••• | •••• | 28096.0% | •••• | Delhi, India |
| L G System India Private Limited this company | ₹22.07 Lakh (FY 2024) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| Gennext Comtech Private Limited | ₹21.71 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Vyoman Aviation Private Limited | ₹21.06 Lakh (FY 2024) | •••• | •••• | -92.0% | •••• | Pune, Maharashtra, India |
| Malani Distributors Private Limited | ₹21.05 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Pune, Maharashtra, India |
| Jupicom Technologies Private Limited | ₹20.61 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Mumbai, Maharashtra, India |
| Airson Telecom Solutions Private Limited | ₹20.48 Lakh (FY 2025) | •••• | •••• | 123.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below L G System India by revenue in the Telecom industry (Telecom Equipment and Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of L G System India Private Limited
L G System India Private Limited is audited by Chedda & Punata for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chedda & Punata | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of L G System India Private Limited
L G System India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Mulji Chandan Also directs: Vyana Agro Retreat LLP, Adhic Rubber Products Private Limited, Celestial Plastics Co Pvt Ltd and 3 more | Additional Director | 15 Mar 2021 | 5 Years 6 Months | As last reported |
| Meeta Chandan Jitendra Also directs: Celestial Plastics Co Pvt Ltd, Meeta Packaging Private Limited, Meeta Machine Tools Private Limited and 1 more | Director | 18 Apr 2000 | 26 Years 5 Months | As last reported |
| Gaurav Jitendra Chandan Also directs: Adhic Rubber Products Private Limited, Celestial Plastics Co Pvt Ltd, Meeta Packaging Private Limited and 3 more | Director | 18 Apr 2000 | 26 Years 5 Months | As last reported |
Ownership and Shareholding of L G System India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of L G System India Private Limited
L G System India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at L G System India Private Limited
Employment history and EPFO contributions of people linked to L G System India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on L G System India Private Limited
L G System India Private Limited has 3 board changes on record since 2000: 3 appointments. The latest: Jitendra Mulji Chandan was appointed as Additional Director on 15 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for L G System India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by L G System India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of L G System India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of L G System India Private Limited
L G System India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL5847P1ZV | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of L G System India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about L G System India Private Limited
L G System India has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
L G System India was a private limited company based in Mumbai, Maharashtra, India. The company worked in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 18 April 2000 and is registered under CIN U25200MH2000PTC125913. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of L G System India is U25200MH2000PTC125913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
L G System India had 3 directors:
- Jitendra Mulji Chandan - Additional Director
- Meeta Chandan Jitendra - Director
- Gaurav Jitendra Chandan - Director
L G System India was incorporated on 18 April 2000. It is registered with the Registrar of Companies, Mumbai.
The registered office of L G System India is at 249 Krishna Kunjbehind Arora Cinema King Circle, Mumbai, Maharashtra, India – 400019.
L G System India reported revenue of ₹22.07 Lakh for FY 2024 (down 21% YoY).
L G System India has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.
L G System India reported a net profit of ₹16.69 Lakh (net margin 75.6%) and EBITDA of ₹18.33 Lakh (EBITDA margin 83%) for FY 2024, as per its filed financial statements.
The GSTIN of L G System India is 27AAACL5847P1ZV, registered in Maharashtra.
L G System India operated in the telecom industry, in the telecom equipment and tech solutions segment.