Labh Procon Private Limited
About Labh Procon Private Limited
Data last updated:
Labh Procon Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45203GJ2012PTC072985.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Bharat Hasmukhrai Lotia and Ajay Harshadbhai Lotia.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 201 Yogi Tower Subhash Road Near Moti Tanki, Rajkot, Gujarat, India – 360001.
As per MCA filings, the company has open charges of ₹72.23 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Labh Procon Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address201 Yogi Tower Subhash Road Near Moti Tanki, Rajkot, Gujarat, India – 360001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Labh Procon 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 Labh Procon is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Labh Procon Private Limited, buy the company report.
Financials of Labh Procon Private Limited
FY 2023 filings availableLabh Procon Private Limited reported revenue of ₹9 (down 100% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 94% over five years. 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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Financial Ratios
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To see the full financial statements and ratios of Labh Procon Private Limited, buy the company report.
Board of directors of Labh Procon Private Limited
Labh Procon has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Hasmukhrai Lotia Also directs: Lionix Exports Private Limited, Kaveri Inn Private Limited | Director | 13 Dec 2012 | 13 Years 10 Months | Current |
| Ajay Harshadbhai Lotia | Director | 13 Dec 2012 | 13 Years 10 Months | Current |
Auditor
Labh Procon Private Limited is audited by S S SANGANI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S SANGANI & CO | FY 2016 | 121375W |
Shareholding
The shareholding of Labh Procon 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 2016 | FY 2015 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Labh Procon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2019 | 100284821 | Others | ₹72.23 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Labh Procon 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 Labh Procon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Labh Procon Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Labh Procon Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Prashant Dhirenbhai Lotia ceased to be Director on 23 Sep 2023.
Frequently asked questions
Labh Procon is an active private limited company based in Rajkot, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 December 2012 (14+ years old) and is registered under CIN U45203GJ2012PTC072985.
Labh Procon has 2 current directors:
- Bharat Hasmukhrai Lotia - Director
- Ajay Harshadbhai Lotia - Director
The latest financial statements of Labh Procon on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Labh Procon is U45203GJ2012PTC072985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Labh Procon was incorporated on 13 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Prashant Dhirenbhai Lotia ceased to be Director on 23 Sep 2023. Jagdish Hasmukhrai Lotia ceased to be Director on 28 Jun 2021. Ajay Harshadbhai Lotia was appointed as Director on 13 Dec 2012. Labh Procon has 4 board changes on record in total.
The registered office of Labh Procon is at 201 Yogi Tower Subhash Road Near Moti Tanki, Rajkot, Gujarat, India – 360001.
Labh Procon operates in the real estate and construction industry, in the real estate builders and developers segment.
Labh Procon has open charges of ₹72.23 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Labh Procon is active non-compliant as of 14 August 2026. The company is actively filing with the Registrar of Companies.