LG Network Foundation
About LG Network Foundation
Data last updated:
LG Network Foundation is a private not for profit company based in Bhubaneswar, Orissa, India. It operates in the scientific research segment of the research and development sector. It was incorporated on 15 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U73100OR2020NPL033437.
It is led by directors including Ipsita Mishra and Sitansu Sekhar Mishra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot – 3029 Ravitalkies Road Ps – Lingaraj, Bhubaneswar, Orissa, India – 751002.
As per the financials filed for FY 2024, the company reported a revenue of ₹72,460, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹2,130 (net margin -2.9%) and EBITDA of -₹2,130 (EBITDA margin -2.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
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- Registered AddressPlot – 3029 Ravitalkies Road Ps – Lingaraj, Bhubaneswar, Orissa, India – 751002
- IndustryResearch & Development, Science Research
- 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
- One PDF report, delivered after checkout
Business Activity of LG Network Foundation
The main business activity of LG Network Foundation is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of LG Network Foundation FY 2025 filings available
LG Network Foundation reported revenue of ₹72,460 (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of LG Network Foundation
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years, including 11% growth in the latest year. EBITDA rose 45% 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 LG Network Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹2,130 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2,130 | •••• | •••• | •••• |
| 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 LG Network Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -2.9% | •••• | •••• | •••• |
| Net Profit Margin | -2.9% | •••• | •••• | •••• |
| 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 LG Network Foundation are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of LG Network Foundation
LG Network Foundation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ipsita Mishra Also directs: MDC Management Enterprises Private Limited | Director | 15 Jul 2020 | 6 Years 2 Months | Current |
| Sitansu Sekhar Mishra Also directs: Kalinga Drugs and Chemicals Private Limited, Oripub Beverages Private Limited, MDC Professional Services Private Limited and 1 more | Director | 15 Jul 2020 | 6 Years 2 Months | Current |
| Piyush Ranjan Rout | Director | 15 Jul 2020 | 6 Years 2 Months | Current |
Charges & Borrowings of LG Network Foundation
LG Network Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at LG Network Foundation
Employment history and EPFO contributions of people linked to LG Network Foundation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on LG Network Foundation
LG Network Foundation has 3 board changes on record since 2020: 3 appointments. The latest: Ipsita Mishra was appointed as Director on 15 Jul 2020.
Credit Ratings, Litigation & Regulatory Alerts for LG Network Foundation
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by LG Network Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of LG Network Foundation
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of LG Network Foundation
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of LG Network Foundation
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about LG Network Foundation
LG Network Foundation is an active private not for profit company based in Bhubaneswar, Orissa, India. The company works in science research, within the research and development industry. It was incorporated on 15 July 2020 (6+ years old) and is registered under CIN U73100OR2020NPL033437.
LG Network Foundation reported revenue of ₹72,460 for FY 2024 (up 11% YoY).
LG Network Foundation has 3 current directors:
- Ipsita Mishra - Director
- Sitansu Sekhar Mishra - Director
- Piyush Ranjan Rout - Director
LG Network Foundation reported a net loss of ₹2,130 (net margin -2.9%) and EBITDA of -₹2,130 (EBITDA margin -2.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of LG Network Foundation is 14% over three years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of LG Network Foundation is U73100OR2020NPL033437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LG Network Foundation was incorporated on 15 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
Ipsita Mishra was appointed as Director on 15 Jul 2020. Piyush Ranjan Rout was appointed as Director on 15 Jul 2020. Sitansu Sekhar Mishra was appointed as Director on 15 Jul 2020.
The registered office of LG Network Foundation is at Plot – 3029 Ravitalkies Road Ps – Lingaraj, Bhubaneswar, Orissa, India – 751002.
LG Network Foundation operates in the research and development industry, in the science research segment.