Lidco Projects (India) Private Limited
About Lidco Projects (India) Private Limited
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Lidco Projects (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2009PTC050889. Its GSTIN is 29AADCV0929K1ZZ (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Vajram Resorts (India) Private Limited. It is led by directors Patibandla Venkataramana and Vajram Pavankumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor Vajram Complex 100Ft Road Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.06 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹7.49 Lakh (net margin 3.6%) and EBITDA of ₹1.16 Cr (EBITDA margin 56.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 34% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹81.94 Lakh and satisfied charges of ₹10 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Lidco Projects (India) has one previous CIN (Corporate Identification Number): U55101KA2009PTC050889. The current CIN is U45200KA2009PTC050889, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200KA2009PTC050889 | Current |
| U55101KA2009PTC050889 | Previous |
Contact details
Lidco Projects (India) Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Vajram Complex 100Ft Road Koramangala, Bangalore, Karnataka, India – 560034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Lidco Projects (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 Lidco Projects (India) is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Lidco Projects (India) Private Limited, buy the company report.
Financials of Lidco Projects (India) Private Limited
FY 2024 filings availableLidco Projects (India) Private Limited reported revenue of ₹2.06 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 6% fall in the latest year. EBITDA fell 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.16 Cr | ||||
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| Net Profit (PAT) | ₹7.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 56.5% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Lidco Projects (India) Private Limited, buy the company report.
Board of directors of Lidco Projects (India) Private Limited
Lidco Projects (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patibandla Venkataramana Also directs: Vajram Realty Private Limited | Director | 08 Oct 2015 | 11 Years 0 Months | Current |
| Vajram Pavankumar Also directs: Svve India LLP, Bangalore Analytical Research Center Private Limited, Vajram Aromatics Private Limited and 5 more | Director | 05 Nov 2009 | 16 Years 11 Months | Current |
Auditor
Lidco Projects (India) Private Limited is audited by MHA & Associates LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MHA & Associates LLP | FY 2021 | S200133 |
Shareholding
The shareholding of Lidco Projects (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | 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 Lidco Projects (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2015 | 10597594 | Icici Bank Limited | ₹52 Lakh | Open | |
| 13 Nov 2012 | 10394256 | L & T Finance Limited | ₹29.94 Lakh | Open | |
| 15 Feb 2014 | 10477807 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Lidco Projects (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Lidco Projects (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Lidco Projects (India) Private Limited was last rated by Care on 26 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 26 May 2022 |
To see the full credit ratings and regulatory alerts of Lidco Projects (India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lidco Projects (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lidco Projects (India) Private Limited has a workforce of 42 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Lidco Projects (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCV0929K1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lidco Projects (India) Private Limited, buy the company report.
Recent activity
Lidco Projects (India) Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Chandra Sekharam Vajram ceased to be Director on 22 Feb 2019.
1 earlier event is in the company report.
Frequently asked questions
Lidco Projects (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 September 2009 (17+ years old) and is registered under CIN U45200KA2009PTC050889.
Lidco Projects (India) has 2 current directors:
- Patibandla Venkataramana - Director
- Vajram Pavankumar - Director
The latest financial statements of Lidco Projects (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lidco Projects (India) is 29AADCV0929K1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Lidco Projects (India) is U45200KA2009PTC050889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lidco Projects (India) was incorporated on 09 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Chandra Sekharam Vajram ceased to be Director on 22 Feb 2019. Patibandla Venkataramana ceased to be Additional Director on 29 Sep 2016. Patibandla Venkataramana was appointed as Director on 08 Oct 2015. Lidco Projects (India) has 5 board changes on record in total.
The registered office of Lidco Projects (India) is at 3rd Floor Vajram Complex 100Ft Road Koramangala, Bangalore, Karnataka, India – 560034.
Lidco Projects (India) operates in the real estate and construction industry, in the real estate builders and developers segment.
Lidco Projects (India) has open charges of ₹81.94 Lakh and satisfied charges of ₹10 Cr as per latest MCA filings.