About Lancor City Developer Limited
Data last updated:
Lancor City Developer Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 28 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70109TN2021PLC145787.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Srinivasan Vasudevan and Shekar Viswanath Rajamani.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vtn Square No. 58 Gn Chetty Road, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.65 Cr. For the same year it recorded a net profit of ₹82.69 Lakh (net margin 7.1%) and EBITDA of ₹3.8 Cr (EBITDA margin 32.6%).
As per MCA filings, the company has open charges of ₹35 Cr on record.
For more details, the company can be reached via its website lancor.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVtn Square No. 58 Gn Chetty Road, Chennai, Tamil Nadu, India – 600017
- IndustryReal Estate, Real Estate Leasing
- 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 Lancor City Developer Limited
The main business activity of Lancor City Developer is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Lancor City Developer Limited FY 2025 filings available
Lancor City Developer Limited reported revenue of ₹11.65 Cr for FY 2025.
Financial Statement Summary of Lancor City Developer Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹3.8 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹82.69 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 Lancor City Developer Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 32.6% | •••• | •••• | •••• |
| Net Profit Margin | 7.1% | •••• | •••• | •••• |
| 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 Lancor City Developer are in the company report.
Financial statements from FY 2022
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 Lancor City Developer Limited
Lancor City Developer 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 |
|---|---|---|---|---|---|---|
| Blackberry Realcon Private Limited | ₹11.68 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Delhi, India |
| Tanwar Projects Private Limited | ₹11.68 Cr (FY 2024) | •••• | •••• | 104.0% | •••• | Panipat, Haryana, India |
| Sunvision Builders Private Limited | ₹11.68 Cr (FY 2025) | •••• | •••• | -83.0% | •••• | New Delhi, Delhi, India |
| Bhagyanagar Properties Limited Listed | ₹11.66 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Hyderabad, Telangana, India |
| Yashaswi Township Projects Private Limited | ₹11.66 Cr (FY 2024) | •••• | •••• | -55.0% | •••• | Vijayanagar, Karnataka, India |
| Lancor City Developer Limited this company | ₹11.65 Cr (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Pancham Buildcon Private Limited | ₹11.65 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Sbi Infra Management Solutions Private Limited | ₹11.65 Cr (FY 2021) | •••• | •••• | -70.0% | •••• | Mumbai, Maharashtra, India |
| Runwal Infrastructure Private Limited | ₹11.65 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Bijapur, Karnataka, India |
| J D Infra Estates Private Limited | ₹11.64 Cr (FY 2025) | •••• | •••• | 8675.0% | •••• | Delhi, India |
| Tereli Estates Private Limited | ₹11.64 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Nainital, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Lancor City Developer 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.
Board of Directors of Lancor City Developer Limited
Lancor City Developer has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Vasudevan Also directs: Lancor Holdings Limited, Lancor Maintenance & Services Limited, Rajshree Sugars & Chemicals Limited and 1 more | Director | 21 Jun 2024 | 2 Years 3 Months | Current |
| Shekar Viswanath Rajamani Also directs: Lancor Holdings Limited, Lancor Maintenance & Services Limited | Director | 28 Aug 2021 | 5 Years 1 Months | Current |
| Jalagada Mangapathy Chandrasekar | Director | 28 Aug 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Lancor City Developer 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 Lancor City Developer Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2024 | Others | ₹35 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Lancor City Developer Limited
Lancor City Developer Limited has a workforce of 0 employees as of Apr 05, 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.
Recent Activity on Lancor City Developer Limited
Lancor City Developer Limited has 5 board changes on record since 2021: 3 appointments and 2 cessations. The latest: Srinivasan Vasudevan ceased to be Additional Director on 08 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Lancor City Developer 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 Lancor City Developer 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 Lancor City Developer 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 Lancor City Developer Limited
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 Lancor City Developer 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 Lancor City Developer Limited
Lancor City Developer is an active public limited company based in Chennai, Tamil Nadu, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 28 August 2021 (5+ years old) and is registered under CIN U70109TN2021PLC145787.
Lancor City Developer reported revenue of ₹11.65 Cr for FY 2025.
Lancor City Developer has 3 current directors:
- Srinivasan Vasudevan - Director
- Shekar Viswanath Rajamani - Director
- Jalagada Mangapathy Chandrasekar - Director
Lancor City Developer reported a net profit of ₹82.69 Lakh (net margin 7.1%) and EBITDA of ₹3.8 Cr (EBITDA margin 32.6%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Lancor City Developer is U70109TN2021PLC145787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lancor City Developer was incorporated on 28 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Lancor City Developer by revenue are Blackberry Realcon Private Limited, Tanwar Projects Private Limited, Sunvision Builders Private Limited, Bhagyanagar Properties Limited, Yashaswi Township Projects Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Srinivasan Vasudevan ceased to be Additional Director on 08 Sep 2024. Jayaraman Durgaraman ceased to be Director on 21 Jun 2024. Srinivasan Vasudevan was appointed as Director on 21 Jun 2024. Lancor City Developer has 5 board changes on record in total.
Lancor City Developer can be reached through the website lancor.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Lancor City Developer is at Vtn Square No. 58 Gn Chetty Road, Chennai, Tamil Nadu, India – 600017.
Lancor City Developer has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.