Lhotse Developers and Traders Private Limited
About Lhotse Developers and Traders Private Limited
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Lhotse Developers and Traders Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2004PTC147524. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bulchand Gokaldas Ahuja and Naresh Bulchand Ahuja.
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 Rahejachamberslinkingroad&Mainavenuesantacruz(W), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.5 Lakh. For the same year it recorded a net loss of ₹4.53 Lakh (net margin -302.2%) and EBITDA of -₹5.81 Lakh (EBITDA margin -387.2%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 64% over five years.
As per MCA filings, the company has satisfied charges of ₹78 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Lhotse Developers and Traders Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressRahejachamberslinkingroad&Mainavenuesantacruz(W), Mumbai, Maharashtra, India – 400054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Lhotse Developers and Traders 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 activities of Lhotse Developers and Traders are construction and real estate. In detail, this covers buildings and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Lhotse Developers and Traders Private Limited
FY 2023 filings availableLhotse Developers and Traders Private Limited reported revenue of ₹1.5 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.5 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.53 Lakh | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -387.2% | ||||
| Net Profit Margin | -302.2% | ||||
| 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 Lhotse Developers and Traders Private Limited, buy the company report.
Board of directors of Lhotse Developers and Traders Private Limited
Lhotse Developers and Traders has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bulchand Gokaldas Ahuja Also directs: Athena Realty LLP, Congo Developers and Traders Private Limited | Director | 20 May 2015 | 11 Years 5 Months | Current |
| Naresh Bulchand Ahuja Also directs: Athena Realty LLP, Congo Developers and Traders Private Limited, Etp Solutions Private Limited and 2 more | Director | 20 May 2015 | 11 Years 5 Months | Current |
| Sreenivasan Hariharan | Director | 02 Jan 2020 | 6 Years 10 Months | Current |
Auditor
Lhotse Developers and Traders Private Limited is audited by N S SHETTY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S SHETTY & CO | FY 2020 | 110101W |
Shareholding
The shareholding of Lhotse Developers and Traders Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Lhotse Developers and Traders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2015 | 10583300 | Icici Bank Limited | ₹50 Cr | Satisfied | |
| 18 Sep 2012 | 10381003 | The Shamrao Vithal Co-Operative Bank Limited | ₹7 Cr | Satisfied | |
| 16 Oct 2009 | 10221353 | State Bank of India | ₹21 Cr | Satisfied |
To see the full charge records of Lhotse Developers and Traders Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Lhotse Developers and Traders Private Limited has 5 court cases on record: 1 filed by Lhotse Developers and Traders, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by M/S. Primea Venues and Homes Pvt. Ltd. Rep by. Dudala Satyanarayana. | Disposed |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - 12, Mumbai | Disposed |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed against the company by M/S Primo Projects | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-12, Mumbai | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The State of Karnataka | Disposed |
To see the full case history of Lhotse Developers and Traders 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 Lhotse Developers and Traders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Lhotse Developers and Traders has 1 joint venture. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
Lhotse Developers and Traders has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Lhotse Developers and Traders Private Limited, buy the company report.
Recent activity
Lhotse Developers and Traders Private Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Sreenivasan Hariharan ceased to be Additional Director on 31 Dec 2020.
10 earlier events are in the company report.
Frequently asked questions
Lhotse Developers and Traders is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 July 2004 (22+ years old) and is registered under CIN U45200MH2004PTC147524.
Lhotse Developers and Traders has 3 current directors:
- Bulchand Gokaldas Ahuja - Director
- Naresh Bulchand Ahuja - Director
- Sreenivasan Hariharan - Director
The latest financial statements of Lhotse Developers and Traders 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 2015 are in the company report.
No. Lhotse Developers and Traders has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Lhotse Developers and Traders is U45200MH2004PTC147524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lhotse Developers and Traders has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the high courts.
Lhotse Developers and Traders was incorporated on 15 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Sreenivasan Hariharan ceased to be Additional Director on 31 Dec 2020. Sreenivasan Hariharan was appointed as Director on 02 Jan 2020. Bulchand Gokaldas Ahuja ceased to be Additional Director on 30 Sep 2015. Lhotse Developers and Traders has 12 board changes on record in total.
The registered office of Lhotse Developers and Traders is at Rahejachamberslinkingroad&MainavenuesantacruzW, Mumbai, Maharashtra, India – 400054.
Lhotse Developers and Traders operates in the real estate and construction industry, in the real estate builders and developers segment.
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