- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0066235

About Lfonds India Private Limited
Data last updated:
Lfonds India Private Limited is a private limited company based in Delhi, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 14 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC312870. Its GSTIN is 27AADCL2316G1ZT (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Mandeep Singh Tiwana and Samir Mohan Walavalkar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop No – 202 F/F Plot No – 3 Lsc Block – G Kondli Gharoli Sfs Flats, Delhi, India – 110096.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.1 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹18,600 (net margin 0%) and EBITDA of ₹6.95 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 24% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Lfonds India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0066235). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lfondsgroup.com.
Company details
Recognitions & Rankings of Lfonds India
Contact details
Lfonds India Private Limited's registered office is in Delhi, Delhi. Its website is lfondsgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No – 202 F/F Plot No – 3 Lsc Block – G Kondli Gharoli Sfs Flats, Delhi, India – 110096
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Lfonds 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 Lfonds India is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Lfonds India Private Limited, buy the company report.
Financials of Lfonds India Private Limited
FY 2023 filings availableLfonds India Private Limited reported revenue of ₹4.1 Cr (down 82% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 82% fall in the latest year. EBITDA fell 83% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.1 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹6.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18,600 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Lfonds India Private Limited, buy the company report.
Board of directors of Lfonds India Private Limited
Lfonds India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandeep Singh Tiwana Also directs: Omviras Marine Services Limited | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Samir Mohan Walavalkar | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Lfonds India Private Limited is compared with the 3 companies closest to it by revenue in the Shipping industry (Shipping Services), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kutch Shipping Agency Pvt Ltd | ₹4.14 Cr (FY 2024) | -43.0% | Gandhidham, Gujarat, India | |||
| Legend Shipping Agencies Private Limited | ₹4.11 Cr (FY 2024) | 1280.0% | Chennai, Tamil Nadu, India | |||
| Lfonds India Private Limitedthis company | ₹4.1 Cr (FY 2023) | ₹18,600 | 0% | -82.0% | Delhi, India | |
| Saffron Container Lines India Private Limited | ₹4.09 Cr (FY 2024) | -45.0% | Gandhidham, Gujarat, India |
To see the full peer comparison of Lfonds India Private Limited, buy the company report.
Auditor
Lfonds India Private Limited is audited by VADSARIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VADSARIA & ASSOCIATES | FY 2023 | 140620W |
Shareholding
The shareholding of Lfonds India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lfonds India Private Limited, buy the company report.
Legal cases
Lfonds India Private Limited has 1 court case on record: 1 filed by Lfonds India. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (EXEP) | Filed by the company against Surya Mitra Traders and 1 other | Pending |
To see the full case history of Lfonds 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 Lfonds India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lfonds India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCL2316G1ZT | Maharashtra | Active | 29 Jul 2017 |
To see the full GST registrations and return filing status of Lfonds India Private Limited, buy the company report.
Recent activity
Lfonds India Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Rajiv Dheer ceased to be Director on 23 Apr 2021.
Frequently asked questions
Lfonds India is an active private limited company based in Delhi, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 14 February 2017 (9+ years old) and is registered under CIN U74999DL2017PTC312870.
Lfonds India has 2 current directors:
- Mandeep Singh Tiwana - Director
- Samir Mohan Walavalkar - Director
The latest financial statements of Lfonds India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Lfonds India is 27AADCL2316G1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lfonds India is U74999DL2017PTC312870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lfonds India has 1 court case on record: 1 filed by the company. 1 is pending.
Lfonds India was incorporated on 14 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Lfonds India by revenue are Kutch Shipping Agency Pvt Ltd, Legend Shipping Agencies Private Limited, Saffron Container Lines India Private Limited, all in the Shipping industry (Shipping Services), with the same principal business activity (services incidental to land, water & air transportation).
Rajiv Dheer ceased to be Director on 23 Apr 2021. Samir Mohan Walavalkar was appointed as Director on 23 Apr 2021. Mandeep Singh Tiwana was appointed as Director on 01 Apr 2019. Lfonds India has 6 board changes on record in total.
Yes, Lfonds India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0066235).
Lfonds India can be reached through the website lfondsgroup.com. Its registered office is in Delhi, India.