LM Industrial Solutions Private Limited
About LM Industrial Solutions Private Limited
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LM Industrial Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of La Mystique Apparel Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 11 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17113KA1994PTC015360. Its GSTIN is 29AAACL6862G1Z9 (Karnataka).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹99.4 Lakh. It was formerly known as La Mystique Garments Private Limited. It is led by directors including Mohanty Sarita Bakhshi (Managing Director) and Ketan Bakhshi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F – 2 Casa Capital First Floor No. 17 Wood Street Ashoknagar, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.24 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Cr (net margin 31.1%) and EBITDA of ₹2.01 Cr (EBITDA margin 47.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹23.76 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
LM Industrial Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressF – 2 Casa Capital First Floor No. 17 Wood Street Ashoknagar, Bengaluru, Karnataka, India – 560025
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of LM Industrial Solutions 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 LM Industrial Solutions is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of LM Industrial Solutions Private Limited, buy the company report.
Financials of LM Industrial Solutions Private Limited
FY 2025 filings availableLM Industrial Solutions Private Limited reported revenue of ₹4.24 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 1% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.01 Cr | ||||
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| Net Profit (PAT) | ₹1.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 47.4% | ||||
| Net Profit Margin | 31.1% | ||||
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To see the full financial statements and ratios of LM Industrial Solutions Private Limited, buy the company report.
Board of directors of LM Industrial Solutions Private Limited
LM Industrial Solutions has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Bakhshi | Director | 12 Feb 1999 | 27 Years 8 Months | Current |
| Karan Bakhshi Also directs: La Mystique Apparel Private Limited | Director | 01 Jan 2022 | 4 Years 10 Months | Current |
| Mohanty Sarita Bakhshi Also directs: La Mystique Apparel Private Limited | Managing Director | 11 Mar 1994 | 32 Years 7 Months | Current |
Auditor
LM Industrial Solutions Private Limited is audited by RAGHAVAN CHAUDHURI & NARAYANAN for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAGHAVAN CHAUDHURI & NARAYANAN | FY 2021 | 007761S |
Shareholding
The shareholding of LM Industrial Solutions 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 LM Industrial Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101051482 | Hdfc Bank Limited | ₹15.52 Lakh | Open | |
| 20 Mar 2012 | 10345881 | Hdfc Bank Limited | ₹17 Cr | Open | |
| 10 Nov 2011 | 10320328 | Hdfc Bank Limited | ₹3.2 Cr | Open | |
| 15 Oct 2010 | 10252865 | Hdfc Bank Limited | ₹3.4 Cr | Open |
To see the full charge records of LM Industrial Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving LM Industrial Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for LM Industrial Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
LM Industrial Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACL6862G1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of LM Industrial Solutions Private Limited, buy the company report.
Recent activity
LM Industrial Solutions Private Limited has 9 board changes on record since 1994: 3 appointments and 6 cessations. The latest: Meghna Prasad ceased to be Director on 18 Jun 2025.
6 earlier events are in the company report.
Frequently asked questions
LM Industrial Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 11 March 1994 (32+ years old) and is registered under CIN U17113KA1994PTC015360.
LM Industrial Solutions has 3 current directors:
- Mohanty Sarita Bakhshi - Managing Director
- Ketan Bakhshi - Director
- Karan Bakhshi - Director
The latest financial statements of LM Industrial Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of LM Industrial Solutions is 29AAACL6862G1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of LM Industrial Solutions is U17113KA1994PTC015360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LM Industrial Solutions was incorporated on 11 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Meghna Prasad ceased to be Director on 18 Jun 2025. Karan Bakhshi was appointed as Director on 01 Jan 2022. Mohanty Sarita Bakhshi ceased to be Director on 04 May 2020. LM Industrial Solutions has 9 board changes on record in total.
The registered office of LM Industrial Solutions is at F – 2 Casa Capital First Floor No. 17 Wood Street Ashoknagar, Bengaluru, Karnataka, India – 560025.
LM Industrial Solutions operates in the financial services industry, in the real estate financing segment.
LM Industrial Solutions has open charges of ₹23.76 Cr and no satisfied charges on record as per latest MCA filings.
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