About Laxmi Infobahn One Private Limited
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Laxmi Infobahn One Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Gar Corporation Pvt Ltd. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70109TG2017PTC115270. Its GSTIN is 36AADCL2352A1Z2 (Telangana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹20.77 Lakh. It is led by directors including Abhinav Ram Reddy Gavva and Srinivas Narsapuram.
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 H No.8 – 2 – 682 Laxmi Cyber Centre Road No.12 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.08 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹37.32 Cr (net margin -128.3%) and EBITDA of ₹17.01 Cr (EBITDA margin 58.5%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.
The company is associated with 1 brand: GAR. As per MCA filings, the company has open charges of ₹80 Cr and satisfied charges of ₹454 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garcorp.in.
Company details
Contact details
Laxmi Infobahn One Private Limited's registered office is in Hyderabad, Telangana. Its website is garcorp.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH No.8 – 2 – 682 Laxmi Cyber Centre Road No.12 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Laxmi Infobahn One 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
Brands
Laxmi Infobahn One operates one associated brand: GAR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Creates and manages commercial office parks for IT and other sectors in Hyderabad. | garcorp.in |
Business activity
The main business activity of Laxmi Infobahn One is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Laxmi Infobahn One Private Limited, buy the company report.
Financials of Laxmi Infobahn One Private Limited
FY 2024 filings availableLaxmi Infobahn One Private Limited reported revenue of ₹29.08 Cr (down 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over three years, including a 42% fall in the latest year. EBITDA fell 57% 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 | ₹17.01 Cr | ||||
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| Net Profit (PAT) | -₹37.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 58.5% | ||||
| Net Profit Margin | -128.3% | ||||
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To see the full financial statements and ratios of Laxmi Infobahn One Private Limited, buy the company report.
Board of directors of Laxmi Infobahn One Private Limited
Laxmi Infobahn One 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 |
|---|---|---|---|---|
| Abhinav Ram Reddy Gavva Also directs: Gar & Son Builders LLP, Laxmi Infobahn Software Technology Park LLP, Gar Abhinav Realty LLP and 5 more | Director | 16 Feb 2017 | 9 Years 8 Months | Current |
| Srinivas Narsapuram Also directs: G A R Hotels and Estates Private Limited, Gar-Abhinav Private Limited, Laxmi Infobahn Private Limited and 5 more | Director | 16 Feb 2017 | 9 Years 8 Months | Current |
| Amarender Reddy Gavva Also directs: Gar & Son Builders LLP, Laxmi Infobahn Software Technology Park LLP, Gar Abhinav Realty LLP and 5 more | Director | 16 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Laxmi Infobahn One Private Limited is audited by K.S.RAO & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S.RAO & Co | FY 2023 | 003109S |
Shareholding
The shareholding of Laxmi Infobahn One 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 Laxmi Infobahn One Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2022 | 100603950 | Others | ₹80 Cr | Open | |
| 29 Sep 2022 | 100642235 | Others | ₹227 Cr | Satisfied | |
| 03 Jun 2022 | 100591510 | Axis Bank Limited | ₹227 Cr | Satisfied |
To see the full charge records of Laxmi Infobahn One Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Laxmi Infobahn One Private Limited has 2 court cases on record: 2 filed by Laxmi Infobahn One. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Arbitration matter | Filed by the company against M/S. Ansr Global Corporation Private Limted | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Deputy Commissioner of Income Tax and 1 other | Disposed |
To see the full case history of Laxmi Infobahn One 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Laxmi Infobahn One Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Laxmi Infobahn One has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCL2352A1Z2 | Telangana | Active | 01 Dec 2021 |
To see the full GST registrations and return filing status of Laxmi Infobahn One Private Limited, buy the company report.
Recent activity
Laxmi Infobahn One Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Abhinav Ram Reddy Gavva ceased to be Whole-Time Director on 08 Oct 2018.
1 earlier event is in the company report.
Frequently asked questions
Laxmi Infobahn One is an active private limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 February 2017 (9+ years old) and is registered under CIN U70109TG2017PTC115270.
Laxmi Infobahn One has 3 current directors:
- Abhinav Ram Reddy Gavva - Director
- Srinivas Narsapuram - Director
- Amarender Reddy Gavva - Director
The latest financial statements of Laxmi Infobahn One 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 FY 2017 are in the company report.
The GSTIN of Laxmi Infobahn One is 36AADCL2352A1Z2, registered in Telangana.
The CIN (Corporate Identification Number) of Laxmi Infobahn One is U70109TG2017PTC115270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Infobahn One has 2 court cases on record: 2 filed by the company.
Laxmi Infobahn One was incorporated on 16 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Abhinav Ram Reddy Gavva ceased to be Whole-Time Director on 08 Oct 2018. Amarender Reddy Gavva ceased to be Managing Director on 08 Oct 2018. Abhinav Ram Reddy Gavva was appointed as Director on 16 Feb 2017. Laxmi Infobahn One has 5 board changes on record in total.
Laxmi Infobahn One can be reached through the website garcorp.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Laxmi Infobahn One is at H No.8 – 2 – 682 Laxmi Cyber Centre Road No.12 Banjara Hills, Hyderabad, Telangana, India – 500034.