Lightstone Developers India Private Limited
About Lightstone Developers India Private Limited
Data last updated:
Lightstone Developers India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70200DL2018PTC330159. Its GSTIN is 06AADCL5351M1ZB (Haryana).
The company has an authorised share capital of ₹5.01 Cr and a paid-up capital of ₹5.01 Cr. It is led by directors including Deepak Virmani and Varun Manchanda.
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 J – 187 Ground Floor Vikas Puri, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2023, the company reported a revenue of ₹52.99 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹39.28 Lakh (net margin 0.7%) and EBITDA of ₹1.58 Cr (EBITDA margin 3%).
As per MCA filings, the company has open charges of ₹2.09 Cr and satisfied charges of ₹50 Lakh on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressJ – 187 Ground Floor Vikas Puri, New Delhi, Delhi, India – 110018
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Lightstone Developers India Private Limited
The main business activity of Lightstone Developers India is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Lightstone Developers India Private Limited FY 2023 filings available
Lightstone Developers India Private Limited reported revenue of ₹52.99 Cr (up 52% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Lightstone Developers India Private Limited
Revenue rose 52% in the latest year. EBITDA rose 121% 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 Lightstone Developers India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹52.99 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39.28 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 of Lightstone Developers India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Lightstone Developers India are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Lightstone Developers India Private Limited
Lightstone Developers India Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VDK Facility Services Private Limited | ₹53.1 Cr (FY 2023) | •••• | •••• | 90.0% | •••• | Pune City, Maharashtra, India |
| Shreesaibaba Infraprojects Private Limited | ₹53.06 Cr (FY 2025) | •••• | •••• | 101.0% | •••• | Varanasi, Uttar Pradesh, India |
| Godrej Skyline Developers Limited | ₹53.04 Cr (FY 2025) | •••• | •••• | -81.0% | •••• | Mumbai, Maharashtra, India |
| Shubham Homes & Contractors Private Limited | ₹53.02 Cr (FY 2025) | •••• | •••• | 262.0% | •••• | Mumbai, Maharashtra, India |
| Sri Jagathswapna Realtors Private Limited | ₹53.02 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Lightstone Developers India Private Limited this company | ₹52.99 Cr (FY 2023) | •••• | •••• | 52.0% | •••• | New Delhi, Delhi, India |
| PMK Contractors Private Limited | ₹52.97 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Kozhikode, Kerala, India |
| Accelerate Mercantile Private Limited | ₹52.95 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Mumbai, Maharashtra, India |
| Arsis Developers Private Limited | ₹52.9 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Lokaa Developer Private Limited | ₹52.88 Cr (FY 2019) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
| Sai Kalyan Builders and Developers Private Limited | ₹52.81 Cr (FY 2021) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Lightstone Developers India by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Lightstone Developers India Private Limited
Lightstone Developers India Private Limited is audited by P M AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P M AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Lightstone Developers India Private Limited
Lightstone Developers India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Virmani | Director | 28 Feb 2018 | 8 Years 7 Months | Current |
| Varun Manchanda | Director | 28 Feb 2018 | 8 Years 7 Months | Current |
| Ashish Manchanda | Director | 28 Feb 2018 | 8 Years 7 Months | Current |
Ownership and Shareholding of Lightstone Developers India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Lightstone Developers India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Oct 2024 | Hdb Financial Services Limited | ₹91.28 Lakh | Open |
| 31 Dec 2022 | Axis Bank Limited | ₹39.66 Lakh | Open |
| 13 Apr 2022 | Hdfc Bank Limited | ₹78.08 Lakh | Open |
| 05 Jan 2021 | Others | ₹50 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Lightstone Developers India Private Limited
Lightstone Developers India Private Limited has 10 court cases on record: 4 filed by Lightstone Developers India, 6 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Lightstone Developers India Private Limited
Employment history and EPFO contributions of people linked to Lightstone Developers India.
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 Lightstone Developers India Private Limited
Lightstone Developers India Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Ashish Manchanda was appointed as Director on 28 Feb 2018.
Credit Ratings, Litigation & Regulatory Alerts for Lightstone Developers India Private Limited
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 Lightstone Developers India Private Limited
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 Lightstone Developers India Private Limited
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 Lightstone Developers India Private Limited
Lightstone Developers India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCL5351M1ZB | Haryana | Active | 12 Jun 2019 |
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 Lightstone Developers India Private Limited
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 Lightstone Developers India Private Limited
Lightstone Developers India is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 February 2018 (8+ years old) and is registered under CIN U70200DL2018PTC330159.
Lightstone Developers India reported revenue of ₹52.99 Cr for FY 2023 (up 52% YoY).
Lightstone Developers India has 3 current directors:
- Deepak Virmani - Director
- Varun Manchanda - Director
- Ashish Manchanda - Director
Lightstone Developers India reported a net profit of ₹39.28 Lakh (net margin 0.7%) and EBITDA of ₹1.58 Cr (EBITDA margin 3%) for FY 2023, as per its filed financial statements.
The GSTIN of Lightstone Developers India is 06AADCL5351M1ZB, registered in Haryana.
The CIN (Corporate Identification Number) of Lightstone Developers India is U70200DL2018PTC330159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lightstone Developers India has 10 court cases on record: 4 filed by the company and 6 filed against it. Most are in the district courts.
Lightstone Developers India was incorporated on 28 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Lightstone Developers India by revenue are VDK Facility Services Private Limited, Shreesaibaba Infraprojects Private Limited, Godrej Skyline Developers Limited, Shubham Homes & Contractors Private Limited, Sri Jagathswapna Realtors Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Ashish Manchanda was appointed as Director on 28 Feb 2018. Deepak Virmani was appointed as Director on 28 Feb 2018. Varun Manchanda was appointed as Director on 28 Feb 2018.
The registered office of Lightstone Developers India is at J – 187 Ground Floor Vikas Puri, New Delhi, Delhi, India – 110018.