About Lazard India Private Limited
Data last updated:
Lazard India Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Lazard India Holdings Limited. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 16 November 1984.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1984PTC034572. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹85 Cr and a paid-up capital of ₹58.4 Cr. It was led by directors James Victor Hansford and Gautam Surajprakash Bhandari.
Its last annual general meeting (AGM) was held on 16 September 2020, and its latest financial statements are for the year ended 31 December 2019. The registered office was at A – 404 Gauri Sadhana Chs Ltd Ratan Nagar Dahisar East, Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2019, the company reported a revenue of ₹10.48 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹7.08 Cr (net margin -67.6%) and EBITDA of -₹2.57 Cr (EBITDA margin -24.6%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹11.99 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 10 deals on record (6 secondary share transfers, 3 rights issues, 1 funding round), with disclosed funding of ₹9.68 Cr; the latest was in May 2018.
The last known website on record is lazard.com.
Company details
CIN history
Lazard India has one previous CIN (Corporate Identification Number): U65990MH1984PLC034572. The current CIN is U65990MH1984PTC034572, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH1984PTC034572 | Current |
| U65990MH1984PLC034572 | Previous |
Contact details
Lazard India Private Limited's registered office is in Mumbai, Maharashtra. Its website is lazard.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 404 Gauri Sadhana Chs Ltd Ratan Nagar Dahisar East, Mumbai, Maharashtra, India – 400068
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Lazard India 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 Lazard India is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Lazard India Private Limited, buy the company report.
Financials of Lazard India Private Limited
FY 2019 filings availableLazard India Private Limited reported revenue of ₹10.48 Cr (down 41% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 41% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.48 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.08 Cr | ||||
| 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.6% | ||||
| Net Profit Margin | -67.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Lazard India Private Limited, buy the company report.
Board of directors of Lazard India Private Limited
Lazard India has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Surajprakash Bhandari Also directs: Multiplex Constructions India Private Limited | Additional Director | 01 Feb 2023 | 3 Years 8 Months | As last reported |
| James Victor Hansford | Director | 16 May 2013 | 13 Years 5 Months | As last reported |
Auditor
Lazard India Private Limited is audited by M/S Bansi S. Mehta & Co for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S Bansi S. Mehta & Co | FY 2019 | 100991W |
Shareholding
The shareholding of Lazard India Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lazard India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2009 | 10163684 | Kotak Mahindra Prime Limited | ₹29.17 Lakh | Satisfied | |
| 06 Mar 1998 | 90213149 | Lazard Brothers & Company Limited | ₹8 Cr | Satisfied | |
| 01 Mar 1989 | 90211892 | Corporation Bank | ₹2.5 Cr | Satisfied | |
| 01 Sep 1988 | 90211819 | Bank of Credit & Commerce Internatiomnal Overseas Ltd. | ₹15 Lakh | Satisfied | |
| 08 Feb 1988 | 90211739 | Bank of Credit & Commerce Internatiomnal Overseas Ltd. | ₹90 Lakh | Satisfied |
To see the full charge records of Lazard India Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Lazard India Private Limited has 10 deals on record (6 secondary share transfers, 3 rights issues, 1 funding round), with disclosed funding of ₹9.68 Cr; the latest was in May 2018.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2017 | Rights issue | ₹6 Cr | Investors: Lazard India Holdings Limited |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Lazard India Holdings Limited Seller: Unilazer Ventures |
| Nov 2014 | Rights issue | ₹12 Cr | Investors: Lazard India Holdings Limited, Unilazer Ventures |
| Dec 2013 | Rights issue | ₹12 Cr | Investors: Lazard India Holdings Limited, Unilazer Ventures |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: Unilazer Ventures Seller: an individual |
To see the full deal history of Lazard India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lazard India Private Limited has 2 court cases on record: 1 filed by Lazard India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kanniyakumari, Tamil Nadu | Criminal miscellaneous application | Filed against the company by M/S Au Small Finance Bank Limited Represented by Its Authorized Officer Mr Utha Singh | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Lazard India 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 Lazard India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lazard India Private Limited has a workforce of 1 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Lazard India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Lazard India Private Limited, buy the company report.
Recent activity
Lazard India Private Limited has 16 board changes on record since 2007: 2 appointments and 14 cessations. The latest: Gautam Surajprakash Bhandari was appointed as Additional Director on 01 Feb 2023.
21 earlier events are in the company report.
News
Frequently asked questions
Lazard India has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Lazard India was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 16 November 1984 and is registered under CIN U65990MH1984PTC034572. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Lazard India was incorporated on 16 November 1984. It is registered with the Registrar of Companies, Mumbai.
Lazard India had 2 directors:
- Gautam Surajprakash Bhandari - Additional Director
- James Victor Hansford - Director
The CIN (Corporate Identification Number) of Lazard India is U65990MH1984PTC034572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Lazard India is at A – 404 Gauri Sadhana Chs Ltd Ratan Nagar Dahisar East, Mumbai, Maharashtra, India – 400068.
Lazard India can be reached through the website lazard.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Lazard India on record with the MCA are for the year ended 31 December 2019. Its last annual general meeting was held on 16 September 2020. Year-wise statements from 2015 are in the company report.
No. Lazard India has 1 GST registration on record and it is cancelled or inactive.
Lazard India operated in the financial services industry, in the diversified financial services segment.