MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0014300
Lancers Network Limited - travel and hospitality in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.46 Cr
▲ 7% YoY
Net profit · FY 2024
₹81,052
Net margin 0.1%
EBITDA · FY 2024
₹41.59 Lakh
EBITDA margin 3.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.67 Cr
Secured borrowings
Company age
33 yrs
Est. 1993
Employees · EPFO
124
Provident fund records
About Lancers Network Limited
Data last updated:
Lancers Network Limited is a public limited company based in New Delhi, Delhi, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 19 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PLC055694. Its GSTIN is 07AAACL0212A2ZI (Delhi). 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 ₹5 Lakh. It is led by directors including Shivindra Pratap Singh (Managing Director) and Kunwar Vikram Singh (Whole-Time Director).
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 is at 630 Second Floor West End Marg Lane No. 3 Kohinoor Enclave Saidullaja, B, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.46 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹81,052 (net margin 0.1%) and EBITDA of ₹41.59 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 8% over five years.
The company has about 124 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lancers Network Limited. As per MCA filings, the company has open charges of ₹1.67 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 4 cases are pending.
Lancers Network Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0014300). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lancerindia.com.
Company details
CIN U74899DL1993PLC055694
Registration Number 055694
Incorporation Date 19 October 1993
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0014300
Key People
Shivindra Pratap Singh Managing Director Kunwar Vikram Singh Whole-Time Director Raj Dulari Singh Whole-Time Director Recognitions & Rankings of Lancers Network
Contact details
Lancers Network Limited's registered office is in New Delhi, Delhi. Its website is lancerindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address630 Second Floor West End Marg Lane No. 3 Kohinoor Enclave Saidullaja, B, New Delhi, Delhi, India – 110030
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Lancers Network Limited, buy the company report.
Comprehensive company report
Lancers Network Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Lancers Network operates one associated brand: Lancers Network Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Risk consulting, corporate intelligence, and security services in South Asia. | lancerindia.com |
Business activity
The main business activity of Lancers Network is support service to organizations. In detail, this covers security and investigation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities |
To see the full business activity and turnover split of Lancers Network Limited, buy the company report.
Financials of Lancers Network Limited
FY 2024 filings availableLancers Network Limited reported revenue of ₹13.46 Cr (up 7% YoY) for FY 2024.
Revenue · FY 2024
₹13.46 Cr ▲ 7%
Net profit · FY 2024
₹81,052 margin 0.1%
EBITDA · FY 2024
₹41.59 Lakh margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 19%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 30%
5 years · compounded
▼ 5%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 7% growth in the latest year. EBITDA fell 69% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹41.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹81,052 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Lancers Network Limited, buy the company report.
Board of directors of Lancers Network Limited
Lancers Network has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunwar Vikram Singh | Whole-Time Director | 19 Oct 1993 | 33 Years 0 Months | Current |
| Shivindra Pratap Singh | Managing Director | 01 Jan 2005 | 21 Years 9 Months | Current |
| Raj Dulari Singh | Whole-Time Director | 19 Oct 1993 | 33 Years 0 Months | Current |
Auditor
Lancers Network Limited is audited by SANJAY CHATURBHUJ & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY CHATURBHUJ & CO. | FY 2023 | 011479N |
Shareholding
The shareholding of Lancers Network Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lancers Network Limited, buy the company report.
Charges & borrowings
Open charges
₹1.67 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2024 | 100869357 | Others | ₹74.85 Lakh | Open | |
| 06 Apr 2022 | 100580458 | Canara Bank | ₹53.39 Lakh | Open | |
| 30 Mar 2022 | 100574967 | Canara Bank | ₹38.58 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Lancers Network Limited has 6 court cases on record: 4 filed by Lancers Network, 2 filed against it. 4 cases are pending and 2 are disposed.
Total cases
6
Filed by the company
4
Filed against the company
2
Pending
4
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 3 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by State | Pending |
| Supreme Court | Court case (0105-Labour Matters : Matters relating to Workmen Compensation Act) | Filed by the company against an individual | Pending |
| District court, North West, Delhi | Criminal case | Filed by the company against an individual | Pending |
| High Court of Delhi | Appeal | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Court case (ESIC) | Filed by the company against Regional Director, Esi Corp. Org. | Disposed |
To see the full case history of Lancers Network Limited, buy the company report.
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
Lancers Network Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 401 overdue payments to 11 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 (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Micronet Infocom & Logistics Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Avyukta Associates | |||
| an individual supplier |
To see the full MSME payment records of Lancers Network Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lancers Network Limited has a workforce of 124 employees on its EPFO records as of Feb 19, 2025, across 1 active EPFO establishment.
Employee count
124
Active EPFO establishments
1
Employee growth
-1.59%
GST
Lancers Network has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACL0212A2ZI | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lancers Network Limited, buy the company report.
Recent activity
Lancers Network Limited has 8 board changes on record since 1993: 3 appointments and 5 cessations. The latest: Atma Singh ceased to be Director on 07 Feb 2015.
AGM
Lancers Network Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Lancers Network Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 74.85 Lakh with Charge ID 100869357 was registered on 14 Feb 2024.
Charges
A charge with Canara Bank amounted to Rs. 53.39 Lakh with Charge ID 100580458 was registered on 06 Apr 2022.
Charges
A charge with Canara Bank amounted to Rs. 38.58 Lakh with Charge ID 100574967 was registered on 30 Mar 2022.
Ceased
Atma Singh ceased to be Director.
Ceased
Ranjeet Singh ceased to be Director.
Ceased
Ajit Singh Thandi ceased to be Director.
Ceased
Kunwar Vikram Singh ceased to be Managing Director.
Ceased
Shivindra Pratap Singh ceased to be Whole-Time Director.
Appointed
Shivindra Pratap Singh was appointed as Managing Director.
Appointed
Kunwar Vikram Singh was appointed as Whole-Time Director.
2 earlier events are in the company report.
Frequently asked questions
Lancers Network is an active public limited company based in New Delhi, Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 19 October 1993 (33+ years old) and is registered under CIN U74899DL1993PLC055694.
Lancers Network has 3 current directors:
- Shivindra Pratap Singh - Managing Director
- Kunwar Vikram Singh - Whole-Time Director
- Raj Dulari Singh - Whole-Time Director
The latest financial statements of Lancers Network on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lancers Network is 07AAACL0212A2ZI, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Lancers Network is U74899DL1993PLC055694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lancers Network has 6 court cases on record: 4 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Lancers Network was incorporated on 19 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
Atma Singh ceased to be Director on 07 Feb 2015. Ranjeet Singh ceased to be Director on 04 Jan 2015. Ajit Singh Thandi ceased to be Director on 01 Apr 2010. Lancers Network has 8 board changes on record in total.
Yes, Lancers Network is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0014300).
Lancers Network has 5 MSME Form 1 returns on record between 2019 and 2022, listing 401 overdue payments to 11 micro and small suppliers. The latest return was filed on 01 Sep 2023.
Lancers Network can be reached through the website lancerindia.com. Its registered office is in New Delhi, Delhi, India.