Lifeline Multi-Ventures Private Limited
About Lifeline Multi-Ventures Private Limited
Data last updated:
Lifeline Multi-Ventures Private Limited is a private limited company based in Bhubaneswar, Odisha, India, a subsidiary of Dn Homes Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 December 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45201OR1989PTC002392. Its GSTIN is 21AAACL8571E1ZR (Odisha).
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹30 Cr. It was formerly known as Kalinga Cares Private Limited and Rameshwar Poultay Farm Private Limited. It is led by directors Jagadish Prasad Naik (Managing Director) and Ratnamala Swain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1st Floor Plot No – N – 6/440 Irc Village Nayapalli, Bhubaneswar, Odisha, India – 751015.
As per the financials filed for FY 2024, the company reported a revenue of ₹84.41 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 1.4%) and EBITDA of ₹33.41 Cr (EBITDA margin 39.6%). Revenue has grown at a compounded annual rate (CAGR) of 113% over three years and 133% over five years.
As per MCA filings, the company has open charges of ₹253.56 Cr and satisfied charges of ₹85.79 Cr on record. Court records list 17 cases involving the company, including 12 filed by the company and 5 filed against it; 9 cases are pending. The company has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹7.89 Cr; the latest was in June 2020.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Lifeline Multi-Ventures has undergone 3 name changes throughout its history. The company was previously known as Kalinga Cares Private Limited, Rameshwar Poultay Farm Private Limited, and Lifeline Protein And Care Private Limited. The current legal name is Lifeline Multi-Ventures Private Limited.
| Company Name | Status |
|---|---|
| Lifeline Multi-Ventures Private Limited | Current |
| Kalinga Cares Private Limited | Previous |
| Rameshwar Poultay Farm Private Limited | Previous |
| Lifeline Protein And Care Private Limited | Previous |
CIN history
Lifeline Multi-Ventures has one previous CIN (Corporate Identification Number): U01222OR1989PTC002392. The current CIN is U45201OR1989PTC002392, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201OR1989PTC002392 | Current |
| U01222OR1989PTC002392 | Previous |
Contact details
Lifeline Multi-Ventures Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor Plot No – N – 6/440 Irc Village Nayapalli, Bhubaneswar, Odisha, India – 751015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Lifeline Multi-Ventures 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 Lifeline Multi-Ventures is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Lifeline Multi-Ventures Private Limited, buy the company report.
Financials of Lifeline Multi-Ventures Private Limited
FY 2024 filings availableLifeline Multi-Ventures Private Limited reported revenue of ₹84.41 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 133% over five years, including 18% growth in the latest year. EBITDA rose 3% 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 | ₹33.41 Cr | ||||
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| Net Profit (PAT) | ₹1.17 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.6% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Lifeline Multi-Ventures Private Limited, buy the company report.
Board of directors and KMP of Lifeline Multi-Ventures Private Limited
Lifeline Multi-Ventures Private Limited currently reports 2 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ratnamala Swain Also directs: DN Homes Private Limited, DN Sea Shells Private Limited, Vipul Lavanya Developers Limited and 1 more | Director | 31 Jul 2009 | 17 Years 2 Months | Current |
| Samyak Kumar Pattanayak | Company Secretary | 30 Mar 2019 | 7 Years 6 Months | Current |
| Jagadish Prasad Naik Also directs: DN Homes Private Limited, Luxurio Assets Private Limited, DN Sea Shells Private Limited and 2 more | Managing Director | 31 Jul 2009 | 17 Years 2 Months | Current |
Auditor
Lifeline Multi-Ventures Private Limited is audited by S.K.Samal & Assoociates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K.Samal & Assoociates | FY 2023 | 322498E |
Shareholding
The shareholding of Lifeline Multi-Ventures Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lifeline Multi-Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2024 | 100941813 | Others | ₹25 Cr | Open | |
| 30 Sep 2022 | 100620876 | Karnataka Bank Ltd. | ₹164.75 Cr | Open | |
| 21 Mar 2022 | 100552637 | Karnataka Bank Ltd. | ₹60.89 Lakh | Open | |
| 21 Mar 2022 | 100553044 | Karnataka Bank Ltd. | ₹7.58 Lakh | Open | |
| 21 Mar 2022 | 100559640 | Karnataka Bank Ltd. | ₹12.42 Lakh | Open |
To see the full charge records of Lifeline Multi-Ventures Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Lifeline Multi-Ventures Private Limited has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹7.89 Cr; the latest was in June 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2020 | Rights issue | ₹20 Cr | Investors: DN Homes Private Limited |
| Oct 2019 | Funding round | ₹2.99 Cr | Investors: DN Homes Private Limited |
| Mar 2018 | Rights issue | ₹2.1 Cr | Investors: an individual |
| Mar 2013 | Funding round | ₹3.9 Cr | Investors: DN Homes Private Limited , an individual |
| Mar 2010 | Funding round | ₹1 Cr | Investors: DN Homes Private Limited |
To see the full deal history of Lifeline Multi-Ventures Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lifeline Multi-Ventures Private Limited has 17 court cases on record: 12 filed by Lifeline Multi-Ventures, 5 filed against it. 9 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 2 | 5 |
| District courts | 8 | 3 | 4 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed by the company against Karnataka Bank Ltd., Bhubaneswar Branch and 1 other | Pending |
| District court, Khurda, Odisha | Commercial suit | Filed against the company by Aditya Birla Fashion and Retail Ltd | Disposed |
| District court, Khurda, Odisha | Court case (R. F. A.) | Filed against the company by Aditya Birla Fashion and Retail Ltd | Disposed |
| District court, Khurda, Odisha | Arbitration matter | Filed against the company by Vedant Fashions Pvt Ltd | Disposed |
| High Court of Orissa | Court case (CONTC) | Filed against the company by Vedant Fashions Pvt. Ltd. | Disposed |
To see the full case history of Lifeline Multi-Ventures 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.
Credit ratings & regulatory alerts
Lifeline Multi-Ventures Private Limited was last rated by Brickwork on 09 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 09 Mar 2022 |
To see the full credit ratings and regulatory alerts of Lifeline Multi-Ventures Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lifeline Multi-Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lifeline Multi-Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAACL8571E1ZR | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lifeline Multi-Ventures Private Limited, buy the company report.
Recent activity
Lifeline Multi-Ventures Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Shyam Sundar Padhy ceased to be Director on 18 Apr 2024.
19 earlier events are in the company report.
Frequently asked questions
Lifeline Multi-Ventures is an active private limited company based in Bhubaneswar, Odisha, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 December 1989 (37+ years old) and is registered under CIN U45201OR1989PTC002392.
Lifeline Multi-Ventures has 3 current directors and KMP:
- Jagadish Prasad Naik - Managing Director
- Ratnamala Swain - Director
- Samyak Kumar Pattanayak - Company Secretary
The latest financial statements of Lifeline Multi-Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lifeline Multi-Ventures is 21AAACL8571E1ZR, registered in Odisha.
The CIN (Corporate Identification Number) of Lifeline Multi-Ventures is U45201OR1989PTC002392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lifeline Multi-Ventures has 17 court cases on record: 12 filed by the company and 5 filed against it. 9 are pending. Most are in the high courts.
Lifeline Multi-Ventures was incorporated on 14 December 1989, making it 37+ years old. It is registered with the Registrar of Companies, Cuttack.
Lifeline Multi-Ventures has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹7.89 Cr; the latest was in June 2020.
Shyam Sundar Padhy ceased to be Director on 18 Apr 2024. Samyak Kumar Pattanayak was appointed as Company Secretary on 30 Mar 2019. Jagadish Prasad Naik ceased to be Director on 07 Aug 2009. Lifeline Multi-Ventures has 8 board changes on record in total.
The registered office of Lifeline Multi-Ventures is at 1st Floor Plot No – N – 6440 Irc Village Nayapalli, Bhubaneswar, Odisha, India – 751015.