Lace Properties Private Limited
About Lace Properties Private Limited
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Lace Properties Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U46909WB2007PTC112517.
The company has an authorised share capital of ₹2.89 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Nitin Agarwal and Nishant Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sikkim Commerce House 4/1 Middleton Street 2nd Floor, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2024, the company reported a revenue of ₹4,072.82 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹57.58 Cr (net margin 1.4%) and EBITDA of ₹135.91 Cr (EBITDA margin 3.3%).
The company is associated with 1 brand: AGARO.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Lace Properties has one previous CIN (Corporate Identification Number): U45200WB2007PTC112517. The current CIN is U46909WB2007PTC112517, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46909WB2007PTC112517 | Current |
| U45200WB2007PTC112517 | Previous |
Contact details
Lace Properties Private Limited's registered office is in Kolkata, West Bengal.
- Registered AddressSikkim Commerce House 4/1 Middleton Street 2nd Floor, Kolkata, West Bengal, India – 700071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Brands
Lace Properties operates one associated brand: AGARO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sells home appliances, kitchen tools, and personal care products online. | agarolifestyle.com |
Business activity
The main business activity of Lace Properties is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Lace Properties Private Limited, buy the company report.
Financials of Lace Properties Private Limited
FY 2024 filings availableLace Properties Private Limited reported revenue of ₹4,072.82 Cr (up 271521175% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹135.91 Cr | ||||
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| Net Profit (PAT) | ₹57.58 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Lace Properties Private Limited, buy the company report.
Board of directors of Lace Properties Private Limited
Lace Properties has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Agarwal Also directs: Aapb Properties LLP, New Era Warehousing & Logistics LLP, Purplestar Logistic Parks LLP and 5 more | Director | 15 Sep 2025 | 1 Years 1 Months | Current |
| Nishant Agarwal Also directs: Aapb Properties LLP, New Era Warehousing & Logistics LLP, Purplestar Logistic Parks LLP and 5 more | Director | 22 Jan 2011 | 15 Years 9 Months | Current |
Peer comparison
Lace Properties Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shyamdhan Traders Private Limited | ₹4,599.62 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Cofco International India Private Limited | ₹4,454.91 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Lace Properties Private Limitedthis company | ₹4,072.82 Cr (FY 2024) | ₹57.58 Cr | 1.4% | 271521175.0% | Kolkata, West Bengal, India | |
| West Bengal Essential Commodities Supply Corpn Ltd | ₹3,867.5 Cr (FY 2017) | 37.0% | Kolkata, West Bengal, India | |||
| Legacy Commodities Private Limited | ₹3,744.22 Cr (FY 2025) | 105.0% | Rajkot, Gujarat, India | |||
| Laxmi Agro India Private Limited | ₹3,537.41 Cr (FY 2025) | 65.0% | New Delhi, Delhi, India |
To see the full peer comparison of Lace Properties Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lace Properties 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 Lace Properties 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 Lace Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lace Properties Private Limited has 9 board changes on record since 2010: 2 appointments and 7 cessations. The latest: Manish Maharshi ceased to be Director on 15 Sep 2025.
Frequently asked questions
Lace Properties is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 January 2007 (19+ years old) and is registered under CIN U46909WB2007PTC112517.
Lace Properties has 2 current directors:
- Nitin Agarwal - Director
- Nishant Agarwal - Director
The latest financial statements of Lace Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Lace Properties is U46909WB2007PTC112517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lace Properties was incorporated on 11 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Lace Properties by revenue are Shyamdhan Traders Private Limited, Cofco International India Private Limited, West Bengal Essential Commodities Supply Corpn Ltd, Legacy Commodities Private Limited, Laxmi Agro India Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Manish Maharshi ceased to be Director on 15 Sep 2025. Nitin Agarwal was appointed as Director on 15 Sep 2025. Akshay Mittal ceased to be Director on 01 Jan 2022. Lace Properties has 9 board changes on record in total.
The registered office of Lace Properties is at Sikkim Commerce House 41 Middleton Street 2nd Floor, Kolkata, West Bengal, India – 700071.
Lace Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Lace Properties is compliant as of 10 August 2026. The company is actively filing with the Registrar of Companies.
Lace Properties has 1 associated brand: Agaro.
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