About Lalith Gangadhar Constructions Private Limited
Data last updated:
Lalith Gangadhar Constructions Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 September 2007.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2007PTC043903. Its GSTIN is 29AABCL3625L2Z9 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.18 Lakh. It is led by directors Girish Puravankara (Managing Director) and Ashok Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No. 12/1 Rest House Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2020, the company reported a revenue of ₹7.3 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹1.17 Cr (net margin -16%) and EBITDA of ₹3.86 Cr (EBITDA margin 52.9%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 28% over five years.
The company has about 8 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: LGCL. As per MCA filings, the company has open charges of ₹121.2 Cr and satisfied charges of ₹35 Cr on record. Court records list 18 cases involving the company, including 10 filed by the company and 5 filed against it; 2 cases are pending. The company has 9 deals on record (6 secondary share transfers, 2 debt financings, 1 convertible or debt financing), with disclosed funding of ₹20.45 Cr; the latest was in October 2020. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is G: Corp Developers Private Limited with revenue of ₹7.31 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 4 overdue payments to 2 micro and small suppliers.
The last known website on record is lgcl.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 12/1 Rest House Road, Bangalore, Karnataka, India – 560001
- 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
- One PDF report, delivered after checkout
Business Activity of Lalith Gangadhar Constructions Private Limited
The main business activity of Lalith Gangadhar Constructions is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Lalith Gangadhar Constructions Private Limited FY 2020 filings available
Lalith Gangadhar Constructions Private Limited reported revenue of ₹7.3 Cr (down 82% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Lalith Gangadhar Constructions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 82% fall in the latest year. EBITDA fell 78% 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 Lalith Gangadhar Constructions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹7.3 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.17 Cr | •••• | •••• | •••• | •••• |
| 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 Lalith Gangadhar Constructions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -16% | •••• | •••• | •••• | •••• |
| 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 Lalith Gangadhar Constructions 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 Lalith Gangadhar Constructions Private Limited
Lalith Gangadhar Constructions Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G: Corp Developers Private Limited | ₹7.31 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Bangalore, Karnataka, India |
| Approach Properties Private Limited | ₹7.31 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Konaala Constructions Private Limited | ₹7.31 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Zion Infraprojects Private Limited | ₹7.3 Cr (FY 2024) | •••• | •••• | 728.0% | •••• | Kolkata, West Bengal, India |
| Oriental Contractors Private Limited | ₹7.3 Cr (FY 2025) | •••• | •••• | -74.0% | •••• | Mumbai, Maharashtra, India |
| Lalith Gangadhar Constructions Private Limited this company | ₹7.3 Cr (FY 2020) | •••• | •••• | -82.0% | •••• | Bangalore, Karnataka, India |
| Devbhoomi Habitat Developers Private Limited | ₹7.3 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Kashipur, Uttarakhand, India |
| Abhay Prop Management Private Limited | ₹7.3 Cr (FY 2025) | •••• | •••• | 885.0% | •••• | Navi Mumbai, Maharashtra, India |
| Dharmik Developers Private Limited. | ₹7.3 Cr (FY 2025) | •••• | •••• | -76.0% | •••• | Kolkata, West Bengal, India |
| Land Kart Builders Private Limited | ₹7.3 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Noida, Uttar Pradesh, India |
| Gurukrupa Realcon Developers Private Limited | ₹7.3 Cr (FY 2022) | •••• | •••• | 242.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Lalith Gangadhar Constructions by revenue in the Real Estate industry (Builders and Developers), 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 Lalith Gangadhar Constructions Private Limited
Lalith Gangadhar Constructions Private Limited is audited by Manjunath Prabhu R. for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Manjunath Prabhu R. | 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 Lalith Gangadhar Constructions Private Limited
Lalith Gangadhar Constructions 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 |
|---|---|---|---|---|
| Ashok Kumar Also directs: LGCL Infrastructures Private Limited, LGCL Realty Private Limited, LGCL Properties Private Limited and 4 more | Additional Director | 26 Nov 2021 | 4 Years 10 Months | As last reported |
| Girish Puravankara | Managing Director | 19 Sep 2007 | 19 Years 0 Months | As last reported |
Ownership and Shareholding of Lalith Gangadhar Constructions 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 Lalith Gangadhar Constructions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2022 | Idbi Trusteeship Services Limited | ₹16 Cr | Open |
| 30 Sep 2020 | Idbi Trusteeship Services Limited | ₹65 Cr | Open |
| 14 Dec 2018 | Others | ₹40.2 Cr | Open |
| 12 May 2016 | Others | ₹30 Cr | Satisfied |
| 08 Nov 2012 | 3I Infotech Trusteeship Services Limited | ₹5 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Lalith Gangadhar Constructions Private Limited
Lalith Gangadhar Constructions Private Limited has 9 deals on record (6 secondary share transfers, 2 debt financings, 1 convertible or debt financing), with disclosed funding of ₹20.45 Cr; the latest was in October 2020.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Debt financing | ₹8.25 Cr | Investors: Icici Venture |
| Nov 2019 | Debt financing | ₹7.2 Cr | Investors: Icici Venture |
| May 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Kotak Alternate Opportunities (India) Fund |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: Amplus Capital |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Kotak Alternate Opportunities (India) Fund |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Lalith Gangadhar Constructions Private Limited
Lalith Gangadhar Constructions Private Limited has 18 court cases on record: 10 filed by Lalith Gangadhar Constructions, 5 filed against it, 3 where it is another party. 2 cases are pending and 16 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 4 | 0 |
| High courts | 3 | 0 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Prince System Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Pending |
| High Court of Karnataka | Tax appeal | Filed by the company against Deputy Commissioner of Income Tax | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against LGCL New Life Buyer's Welfare Association | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed against the company by an individual | Disposed |
Full case history
All 18 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Lalith Gangadhar Constructions Private Limited
Lalith Gangadhar Constructions Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Lalith Gangadhar Constructions Private Limited
Lalith Gangadhar Constructions Private Limited has a workforce of 8 employees as of Mar 31, 2024.
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.
Group Structure of Lalith Gangadhar Constructions Private Limited
Lalith Gangadhar Constructions has 4 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Lgcl Infrastructures Private Limited | U45202KA2007PTC044683 | Locked |
| Lgcl Properties Private Limited | U45402KA2007PTC044685 | Locked |
| A 2 Z Property Locater Private Limited | U70101KA2008PTC045593 | Locked |
| Lgcl Developers Private Limited | U70109KA2008PTC045594 | Locked |
Showing major subsidiaries. Total: 4.
Recent Activity on Lalith Gangadhar Constructions Private Limited
Lalith Gangadhar Constructions Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Rashmi Puravankara ceased to be Director on 27 Nov 2021.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lalith Gangadhar Constructions 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.
Subsidiaries & Group Companies of Lalith Gangadhar Constructions 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 Lalith Gangadhar Constructions Private Limited
Lalith Gangadhar Constructions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCL3625L2Z9 | Karnataka | Active | 06 Jun 2022 |
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 Lalith Gangadhar Constructions 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 Lalith Gangadhar Constructions Private Limited
Lalith Gangadhar Constructions is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Lalith Gangadhar Constructions is a company under insolvency, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 September 2007 and is registered under CIN U45201KA2007PTC043903. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Lalith Gangadhar Constructions reported revenue of ₹7.3 Cr for FY 2020 (down 82% YoY).
Lalith Gangadhar Constructions has 2 current directors:
- Girish Puravankara - Managing Director
- Ashok Kumar - Additional Director
Lalith Gangadhar Constructions reported a net loss of ₹1.17 Cr (net margin -16%) and EBITDA of ₹3.86 Cr (EBITDA margin 52.9%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lalith Gangadhar Constructions is -39% over three years and -28% over five years. In the latest year (FY 2020) revenue fell 82%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Lalith Gangadhar Constructions is U45201KA2007PTC043903. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lalith Gangadhar Constructions has open charges of ₹121.2 Cr and satisfied charges of ₹35 Cr as per latest MCA filings.
Lalith Gangadhar Constructions has 18 court cases on record: 10 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Lalith Gangadhar Constructions was incorporated on 19 September 2007. It is registered with the Registrar of Companies, Bangalore.
Lalith Gangadhar Constructions has 9 deals on record (6 secondary share transfers, 2 debt financings, 1 convertible or debt financing), with disclosed funding of ₹20.45 Cr; the latest was in October 2020.
The peers of Lalith Gangadhar Constructions by revenue are G: Corp Developers Private Limited, Approach Properties Private Limited, Konaala Constructions Private Limited, Zion Infraprojects Private Limited, Oriental Contractors Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).