Latakisan Constructions Private Limited

Latakisan Constructions Private Limited - infrastructure and utilities in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U45201MH2014PTC253842 Incorporated 05 March 2014 ROC Mumbai HQ Nagpur, Maharashtra, India
Under Insolvency Private Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2021
₹17.83 Lakh
▼ 82% YoY
Net loss · FY 2021
₹28.16 Lakh
Net margin -158%
EBITDA · FY 2021
₹10.25 Lakh
EBITDA margin 57.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹9 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
2
Provident fund records

About Latakisan Constructions Private Limited

Data last updated:

Latakisan Constructions Private Limited is a private limited company based in Nagpur, Maharashtra, 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 05 March 2014.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2014PTC253842. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Prasad Kamalakar Dharap (Irp/Rp/Liquidator) and Ashok Nagorao Arewar.

Its last annual general meeting (AGM) was held on 28 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Rajat Sankul Rambag Road S T Stand Ganeshpeth, Nagpur, Maharashtra, India – 440018.

As per the financials filed for FY 2021, the company reported a revenue of ₹17.83 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹28.16 Lakh (net margin -158%) and EBITDA of ₹10.25 Lakh (EBITDA margin 57.5%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 63% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.

Company Details of Latakisan Constructions Private Limited
CIN U45201MH2014PTC253842
Registration Number 253842
Incorporation Date 05 March 2014
ROC Mumbai
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 28 July 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Rajat Sankul Rambag Road S T Stand Ganeshpeth, Nagpur, Maharashtra, India – 440018
  • Industry
    Infrastructure and Utilities, General Construction Services
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Financials, compliance, directors, charges, ownership and filings for Latakisan Constructions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Latakisan Constructions Private Limited FY 2021 filings available

Latakisan Constructions Private Limited reported revenue of ₹17.83 Lakh (down 82% YoY) for FY 2021.

Revenue · FY 2021
₹17.83 Lakh ▼ 82%
Net loss · FY 2021
₹28.16 Lakh margin -158%
EBITDA · FY 2021
₹10.25 Lakh margin 57.5%

Compounded Annual Growth Rate (CAGR) of Latakisan Constructions Private Limited

Revenue CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 83%
5 years · compounded
▼ 63%
EBITDA CAGR growth
1 year
▲ 222%
3 years · compounded
▼ 58%
5 years · compounded
▼ 48%

Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 82% fall in the latest year. EBITDA rose 222% 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 Latakisan Constructions Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹17.83 Lakh••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹10.25 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹28.16 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 Latakisan Constructions Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin57.5%••••••••••••••••
Net Profit Margin-158%••••••••••••••••
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 Latakisan Constructions are in the company report.

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Financial statements from 2015

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Peer Comparison of Latakisan Constructions Private Limited

Latakisan Constructions Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Elements Power Projects Private Limited₹17.86 Lakh (FY 2025)••••••••-69.0%••••New Delhi, Delhi, India
Aidant Implementation Private Limited₹17.85 Lakh (FY 2025)••••••••-55.0%••••Panchkula, Haryana, India
Sikkolu Industries Private Limited₹17.85 Lakh (FY 2021)••••••••••••Hyderabad, Telangana, India
Interface Systems Pvt Ltd₹17.84 Lakh (FY 2019)••••••••278.0%••••Telangana, India
Shrreya Infra Constructions India Private Limited₹17.84 Lakh (FY 2017)••••••••10.0%••••Satara, Maharashtra, India
Latakisan Constructions Private Limited this company₹17.83 Lakh (FY 2021)••••••••-82.0%••••Nagpur, Maharashtra, India
Xcez International Private Limited₹17.83 Lakh (FY 2025)••••••••••••Moradabad, Uttar Pradesh, India
Mangalnayak Properties Private Limited₹17.82 Lakh (FY 2025)••••••••28.0%••••Kolkata, West Bengal, India
M.R.Interiors and Construction Private Limited₹17.8 Lakh (FY 2025)••••••••17.0%••••New Delhi, Delhi, India
Avinya Luxe Living Private Limited₹17.8 Lakh (FY 2023)••••••••••••Chennai, Tamil Nadu, India
Sardar Lal Singh Gill Global Private Limited₹17.8 Lakh (FY 2022)••••••••••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Latakisan Constructions by revenue in the Infrastructure industry (Construction Services), 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 Latakisan Constructions Private Limited

Latakisan Constructions Private Limited is audited by M HUSSAIN & CO for the financial year 2021.

NameStatusAppointment DateCessation Date
M HUSSAIN & COLockedLockedLocked
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Board of Directors of Latakisan Constructions Private Limited

Latakisan Constructions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Prasad Kamalakar DharapIrp/Rp/Liquidator25 Sep 20233 Years 0 MonthsAs last reported
Ashok Nagorao ArewarAdditional Director04 Jan 20224 Years 9 MonthsAs last reported
Suchita Sanjay GujarAdditional Director16 Nov 20223 Years 10 MonthsAs last reported
Avinash Pandurang AmbulkarAdditional Director05 Dec 20205 Years 10 MonthsAs last reported

Ownership and Shareholding of Latakisan Constructions Private Limited

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Charges & Borrowings of Latakisan Constructions Private Limited

Open charges
₹9 Cr
Satisfied charges
None
Breakdown by lending institutions
Nagpur Nagarik Sahakari Bank Ltd.₹5.50 Cr
Pusad Urban Co-Operative Bank Ltd₹3.50 Cr
Latest charge details
DateLenderAmountStatus
06 Oct 2015Nagpur Nagarik Sahakari Bank Ltd.₹5.5 CrOpen
17 Jul 2014Pusad Urban Co-Operative Bank Ltd₹3.5 CrOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Latakisan Constructions Private Limited

Latakisan Constructions Private Limited has a workforce of 2 employees as of Apr 09, 2024.

Employee count
2
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Latakisan Constructions Private Limited

Latakisan Constructions Private Limited has 7 board changes on record since 2019: 4 appointments and 3 cessations. The latest: Prasad Kamalakar Dharap was appointed as Irp/Rp/Liquidator on 25 Sep 2023.

Appointed
Prasad Kamalakar Dharap was appointed as Irp/Rp/Liquidator.
Appointed
Suchita Sanjay Gujar was appointed as Additional Director.
Appointed
Ashok Nagorao Arewar was appointed as Additional Director.
Ceased
Kishor Rai ceased to be Director.
AGM
Latakisan Constructions Private Limited last Annual general meeting of members was held on 28 Jul 2021 as per latest MCA records.
Filing
Latakisan Constructions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Appointed
Avinash Pandurang Ambulkar was appointed as Additional Director.
Ceased
Avinash Pandurang Ambulkar ceased to be Additional Director.
Ceased
Prashant Vithalrao Rahate ceased to be Director.
Charges
A charge with Nagpur Nagarik Sahakari Bank Ltd. amounted to Rs. 550.00 Lakh with Charge ID 10596749 was registered on 06 Oct 2015.
Charges
A charge with Pusad Urban Co-Operative Bank Ltd amounted to Rs. 350.00 Lakh with Charge ID 10539861 was registered on 17 Jul 2014.
Incorporation
05 Mar 2014
Latakisan Constructions Private Limited was registered on 05 Mar 2014 with Roc Mumbai & aged 12 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Latakisan Constructions Private Limited

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MSME Payment Delays by Latakisan Constructions Private Limited

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Subsidiaries & Group Companies of Latakisan Constructions Private Limited

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GST Compliance of Latakisan Constructions Private Limited

Latakisan Constructions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Latakisan Constructions Private Limited

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Frequently Asked Questions about Latakisan Constructions Private Limited

Latakisan 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.

Latakisan Constructions is a company under insolvency, formerly operating as a private limited company based in Nagpur, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 05 March 2014 and is registered under CIN U45201MH2014PTC253842. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Latakisan Constructions reported revenue of ₹17.83 Lakh for FY 2021 (down 82% YoY).

Latakisan Constructions has 4 current directors:

Latakisan Constructions reported a net loss of ₹28.16 Lakh (net margin -158%) and EBITDA of ₹10.25 Lakh (EBITDA margin 57.5%) for FY 2021, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Latakisan Constructions is -83% over three years and -63% over five years. In the latest year (FY 2021) revenue fell 82%. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Latakisan Constructions is U45201MH2014PTC253842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Latakisan Constructions has open charges of ₹9 Cr and no satisfied charges on record as per latest MCA filings.

Latakisan Constructions has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the nclat.

Latakisan Constructions was incorporated on 05 March 2014. It is registered with the Registrar of Companies, Mumbai.

The peers of Latakisan Constructions by revenue are Elements Power Projects Private Limited, Aidant Implementation Private Limited, Sikkolu Industries Private Limited, Interface Systems Pvt Ltd, Shrreya Infra Constructions India Private Limited and 5 more, all in the Infrastructure industry (Construction Services).

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