LGS Assurance Private Limited

LGS Assurance Private Limited - business services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U82990KA2023PTC173529 Incorporated 11 May 2023 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company
Data last updated
Revenue · FY 2025
₹20.89 Lakh
▲ 122% YoY
Net profit · FY 2025
₹8,529
Net margin 0.4%
EBITDA · FY 2025
₹47,465
EBITDA margin 2.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹20,000
Issued & subscribed
Satisfied charges
₹21,035 Cr
No open charges
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings

About LGS Assurance Private Limited

Data last updated:

LGS Assurance Private Limited is a private limited company based in Bangalore, Karnataka, India. It was incorporated on 11 May 2023.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U82990KA2023PTC173529.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹20,000. It is led by directors Dsouza Keerthi and Sowmya Bangalore Subramanya.

Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹20.89 Lakh, a growth of 122% compared to the previous year. For the same year it recorded a net profit of ₹8,529 (net margin 0.4%) and EBITDA of ₹47,465 (EBITDA margin 2.3%).

As per MCA filings, the company has satisfied charges of ₹21,035 Cr on record.

Company details

CIN U82990KA2023PTC173529
Registration Number 173529
Incorporation Date 11 May 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024

Contact details

LGS Assurance Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    Site No.142(1/2/3), Jr Elite Layout Huskur, Bangalore, Karnataka, India – 560049
Comprehensive company report
LGS Assurance Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of LGS Assurance is water supply; sewerage, waste management and remediation activities. In detail, this covers waste collection, treatment and disposal activities; materials recovery.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
EWater supply; sewerage, waste management and remediation activities38Waste collection, treatment and disposal activities; materials recovery

To see the full business activity and turnover split of LGS Assurance Private Limited, buy the company report.

Financials of LGS Assurance Private Limited

FY 2024 filings available

LGS Assurance Private Limited reported revenue of ₹20.89 Lakh (up 122% YoY) for FY 2025.

Revenue · FY 2025
₹20.89 Lakh ▲ 122%
Net profit · FY 2025
₹8,529 margin 0.4%
EBITDA · FY 2025
₹47,465 margin 2.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 122%
EBITDA CAGR growth
1 year
▼ 68%

Revenue rose 122% in the latest year. EBITDA fell 68% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24
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₹47,465
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8,529
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

MetricsFY 2024-25FY 2023-24
Profitability
EBITDA Margin2.3%
Net Profit Margin0.4%
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

To see the full financial statements and ratios of LGS Assurance Private Limited, buy the company report.

Board of directors of LGS Assurance Private Limited

LGS Assurance has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Dsouza KeerthiDirector11 May 20233 Years 5 MonthsCurrent
Sowmya Bangalore SubramanyaDirector11 May 20233 Years 5 MonthsCurrent

Peer comparison

LGS Assurance Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (waste collection, treatment and disposal activities; materials recovery), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Santulit Innovators Private Limited₹24.45 Lakh (FY 2025)Hyderabad, Telangana, India
NK Fearless Services Private Limited₹22.78 Lakh (FY 2025)-57.0%Mandya, Karnataka, India
Swastik Protection Private Limited₹22.66 Lakh (FY 2025)-29.0%Mumbai, Maharashtra, India
Envioron Ecosol Private Limited₹21.37 Lakh (FY 2024)204.0%Ambala, Haryana, India
Bharat Recycling Private Limited₹20.92 Lakh (FY 2025)-33.0%Deihi, Delhi, India
LGS Assurance Private Limitedthis company₹20.89 Lakh (FY 2025)₹8,5290.4%122.0%Bangalore, Karnataka, India
Carbon Bharat Industrial Private Limited₹19.41 Lakh (FY 2025)456.0%Patna, Bihar, India
Aws Environmental Laboratory and Consultancy Services Private Limited₹18.83 Lakh (FY 2025)206.0%Pune, Maharashtra, India
Guru Nanak Recyclers Private Limited₹17.67 Lakh (FY 2025)227.0%Raebareli, Uttar Pradesh, India
Right Way Waste Management Private Limited₹17.37 Lakh (FY 2025)2719.0%Sirsa, Haryana, India
Water Factory (India) Private Limited₹16.9 Lakh (FY 2025)-30.0%Mumbai, Maharashtra, India

To see the full peer comparison of LGS Assurance Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹21,035 Cr
Breakdown by lending institutions
₹0.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Jan 2022100521239Punjab National Bank₹10 CrSatisfied
04 Jan 2022100521233Punjab National Bank₹10 CrSatisfied
22 Nov 2021100513069Punjab National Bank₹1.65 CrSatisfied
30 Sep 2021100484401Axis Bank Limited₹9.95 CrSatisfied
01 Jul 2021100477274Bank of India₹11 CrSatisfied

To see the full charge records of LGS Assurance Private Limited, buy the company report.

Total charge records: 1432 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for LGS Assurance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for LGS Assurance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

LGS Assurance Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Dsouza Keerthi was appointed as Director on 11 May 2023.

AGM
Lgs Assurance Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Filing
Lgs Assurance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Dsouza Keerthi was appointed as Director.
Appointed
Sowmya Bangalore Subramanya was appointed as Director.
Charges
A charge registered on 02 Oct 2020 via Charge ID 100397090 with State Bank Of India was fully satisfied on 23 Feb 2022.
Charges
A charge registered on 13 Feb 2019 via Charge ID 100249859 with Indian Bank was fully satisfied on 22 Feb 2022.
Charges
A charge registered on 21 May 2019 via Charge ID 100265168 with Idbi Trusteeship Services Limited was fully satisfied on 21 Feb 2022.
Charges
A charge registered on 11 Dec 2015 via Charge ID 100015840 with State Bank Of India was fully satisfied on 17 Feb 2022.
Charges
A charge registered on 14 Jun 2018 via Charge ID 100189009 with The Cosmos Co-Operative Bank Ltd. was fully satisfied on 16 Feb 2022.
Charges
A charge registered on 23 Sep 2016 via Charge ID 100050185 with Standard Chartered Bank was fully satisfied on 16 Feb 2022.
Charges
A charge registered on 23 Sep 2016 via Charge ID 100050659 with Standard Chartered Bank was fully satisfied on 16 Feb 2022.
Charges
A charge registered on 23 Sep 2016 via Charge ID 100051400 with Standard Chartered Bank was fully satisfied on 16 Feb 2022.

3235 earlier events are in the company report.

Frequently asked questions

LGS Assurance is an active private limited company based in Bangalore, Karnataka, India. It was incorporated on 11 May 2023 (3+ years old) and is registered under CIN U82990KA2023PTC173529.

LGS Assurance has 2 current directors:

The latest financial statements of LGS Assurance on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from FY 2024 are in the company report.

The CIN (Corporate Identification Number) of LGS Assurance is U82990KA2023PTC173529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

LGS Assurance was incorporated on 11 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of LGS Assurance by revenue are Santulit Innovators Private Limited, NK Fearless Services Private Limited, Swastik Protection Private Limited, Envioron Ecosol Private Limited, Bharat Recycling Private Limited and 5 more, all in the same principal business activity (waste collection, treatment and disposal activities; materials recovery).

Dsouza Keerthi was appointed as Director on 11 May 2023. Sowmya Bangalore Subramanya was appointed as Director on 11 May 2023.

The registered office of LGS Assurance is at Site No.142123, Jr Elite Layout Huskur, Bangalore, Karnataka, India – 560049.

LGS Assurance has no open charges and satisfied charges of ₹21,035 Cr as per latest MCA filings.

LGS Assurance can be reached at its registered office: Site No.142123, Jr Elite Layout Huskur, Bangalore, Karnataka, India – 560049.

LGS Assurance is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.