About Lavim Developers Private Limited
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Lavim Developers Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Paranjape Schemes (Construction) Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45202PN1997PTC106762. Its GSTIN is 27AAACL6194P1ZT (Maharashtra).
The company has an authorised share capital of ₹40.05 Cr and a paid-up capital of ₹40.01 Cr. It is led by directors including Rahul Shrikant Paranjape (Whole-Time Director) and Amit Shashank Paranjape.
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 Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.26 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Cr (net margin -11.6%) and EBITDA of ₹1.34 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 17% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹55.4 Cr and satisfied charges of ₹725 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 4 cases are pending. The company has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in March 2015. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 1 smaller; the largest is Aims RG Angel Promoters Private Limited with revenue of ₹9.27 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 100 overdue payments to 16 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pscl.in.
Company details
CIN history
Lavim Developers has one previous CIN (Corporate Identification Number): U45202MH1997PTC106762. The current CIN is U45202PN1997PTC106762, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202PN1997PTC106762 | Current |
| U45202MH1997PTC106762 | Previous |
Contact details
Lavim Developers Private Limited's registered office is in Pune, Maharashtra. Its website is pscl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPsc House Cts No.111111/2 Anand Colony Dr Ketkar Road Off Prabhat Road Erandwa, Ne, Pune, Maharashtra, India – 411004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Lavim Developers Private Limited, buy the company report.
- 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
Business activity
The main business activity of Lavim Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Lavim Developers Private Limited, buy the company report.
Financials of Lavim Developers Private Limited
FY 2024 filings availableLavim Developers Private Limited reported revenue of ₹9.26 Cr (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA rose 123% 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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| EBITDA | ₹1.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.07 Cr | ||||
| 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 | 14.5% | ||||
| Net Profit Margin | -11.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Lavim Developers Private Limited, buy the company report.
Board of directors of Lavim Developers Private Limited
Lavim Developers has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Shrikant Paranjape | Whole-Time Director | 04 Nov 2011 | 15 Years 0 Months | Current |
| Amit Shashank Paranjape Also directs: Eximia Developers LLP, Ananda Senior Living Private Limited, Brickmix Developers Private Limited and 5 more | Director | 04 Nov 2011 | 15 Years 0 Months | Current |
| Pushkar Pramod Apte Also directs: Krishirsagar Shelter Private Limited, Paranjape Premises Private Limited, PSC Realtors Private Limited and 5 more | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Lavim Developers Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aims RG Angel Promoters Private Limited | ₹9.27 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Prism Procon Private Limited | ₹9.26 Cr (FY 2025) | 40.0% | Ahmedabad, Gujarat, India | |||
| Lavim Developers Private Limitedthis company | ₹9.26 Cr (FY 2024) | -₹1.07 Cr | -11.6% | -36.0% | 22 | Pune, Maharashtra, India |
| Alpha Foundations Private Limited | ₹9.26 Cr (FY 2023) | 254.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Lavim Developers Private Limited, buy the company report.
Auditor
Lavim Developers Private Limited is audited by Bajaj and Dedania for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bajaj and Dedania | FY 2023 | 127122W |
Shareholding
The shareholding of Lavim Developers Private 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 Lavim Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2024 | 101004529 | Others | ₹40 Lakh | Open | |
| 05 Sep 2024 | 101069751 | Others | ₹55 Cr | Open | |
| 01 Jun 2021 | 100450103 | Others | ₹40 Cr | Satisfied | |
| 19 Aug 2019 | 100288871 | Others | ₹40 Cr | Satisfied | |
| 19 Aug 2019 | 100288872 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Lavim Developers Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Lavim Developers Private Limited has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in March 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Seller: Ask Property Investment Advisors |
| Nov 2011 | Acquisition | ₹39.65 Cr | Buyer: Ask Property Investment Advisors |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lavim Developers Private Limited has 7 court cases on record: 3 filed by Lavim Developers, 4 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 3 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court, MAHARASHTRA | Appeal | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
To see the full case history of Lavim Developers Private 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.
Credit ratings & regulatory alerts
Lavim Developers Private Limited was last rated by Indiarating on 03 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 03 Jun 2021 |
To see the full credit ratings and regulatory alerts of Lavim Developers Private Limited, buy the company report.
MSME payment delays
Lavim Developers Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 100 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bokil Punde & Associates | |||
| Dev Bricks | |||
| The Steel Stock Holders Syndicate | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Lavim Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lavim Developers Private Limited has a workforce of 22 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 22 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Lavim Developers Private Limited, buy the company report.
GST
Lavim Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL6194P1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lavim Developers Private Limited, buy the company report.
Recent activity
Lavim Developers Private Limited has 13 board changes on record since 2007: 3 appointments and 10 cessations. The latest: Pushkar Pramod Apte ceased to be Additional Director on 28 Sep 2022.
24 earlier events are in the company report.
Frequently asked questions
Lavim Developers is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 March 1997 (29+ years old) and is registered under CIN U45202PN1997PTC106762.
Lavim Developers has 3 current directors:
- Rahul Shrikant Paranjape - Whole-Time Director
- Amit Shashank Paranjape - Director
- Pushkar Pramod Apte - Director
The latest financial statements of Lavim Developers 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 Lavim Developers is 27AAACL6194P1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lavim Developers is U45202PN1997PTC106762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lavim Developers has 7 court cases on record: 3 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
Lavim Developers was incorporated on 21 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
Lavim Developers has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in March 2015.
The peers of Lavim Developers by revenue are Aims RG Angel Promoters Private Limited, Prism Procon Private Limited, Alpha Foundations Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Pushkar Pramod Apte ceased to be Additional Director on 28 Sep 2022. Pushkar Pramod Apte was appointed as Director on 22 Aug 2022. Vikram Anand Godse ceased to be Director on 22 Aug 2022. Lavim Developers has 13 board changes on record in total.
Lavim Developers has 10 MSME Form 1 returns on record between 2019 and 2023, listing 100 overdue payments to 16 micro and small suppliers. The latest return was filed on 21 Oct 2023.
Lavim Developers can be reached through the website pscl.in. Its registered office is in Pune, Maharashtra, India.
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