- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-19-0003536

Lnar Associates Private Limited
About Lnar Associates Private Limited
Data last updated:
Lnar Associates Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 08 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45500OR2018PTC029001. Its GSTIN is 21AADCL6330J1ZS (Odisha).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.06 Cr. It is led by directors Lilip Kumar Jena and Maheswar Rana Bhatta.
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 1st Floor Plot No – 1181(B) Devraj Vidyapitha Road Bomikhal, Bhubaneswar, Odisha, India – 751010.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.74 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹54.07 Lakh (net margin 5.5%) and EBITDA of ₹2.29 Cr (EBITDA margin 23.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 17% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.46 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 4 cases are pending.
Lnar Associates Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0003536).
Company details
Recognitions & Rankings of Lnar Associates
Contact details
Lnar Associates 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 – 1181(B) Devraj Vidyapitha Road Bomikhal, Bhubaneswar, Odisha, India – 751010
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Lnar Associates 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
Financials of Lnar Associates Private Limited
FY 2025 filings availableLnar Associates Private Limited reported revenue of ₹9.74 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 16% growth in the latest year. EBITDA fell 4% 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 | ₹2.29 Cr | ||||
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| Net Profit (PAT) | ₹54.07 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 | 23.5% | ||||
| Net Profit Margin | 5.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Lnar Associates Private Limited, buy the company report.
Board of directors of Lnar Associates Private Limited
Lnar Associates has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lilip Kumar Jena | Director | 08 Jun 2018 | 8 Years 5 Months | Current |
| Maheswar Rana Bhatta Also directs: Fortem Infra India Private Limited | Director | 08 Jun 2018 | 8 Years 5 Months | Current |
Peer comparison
Lnar Associates Private Limited is compared with the 9 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sinha Infrastructure Company Private Limited | ₹9.91 Cr (FY 2018) | 30.0% | Patna, Bihar, India | |||
| Emas Expressway Private Limited | ₹9.88 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Terpl India Private Limited | ₹9.85 Cr (FY 2025) | -18.0% | Bangalore, Karnataka, India | |||
| Nilamber Tower Private Limited | ₹9.85 Cr (FY 2023) | 49.0% | Bihar, India | |||
| KV Kargil Developer Private Limited | ₹9.75 Cr (FY 2025) | 1.0% | Mangaldai, Assam, India | |||
| Lnar Associates Private Limitedthis company | ₹9.74 Cr (FY 2024) | ₹54.07 Lakh | 5.5% | 16.0% | 1 | Bhubaneswar, Odisha, India |
| Rajtosh Infra Private Limited | ₹9.74 Cr (FY 2025) | 14.0% | Surat, Gujarat, India | |||
| Nirmalanand Buildcon Private Limited | ₹9.74 Cr (FY 2024) | 47.0% | Osmanabad, Maharashtra, India | |||
| DMS Buildwell Private Limited | ₹9.73 Cr (FY 2025) | 65.0% | Ghaziabad, Uttar Pradesh, India | |||
| Raiganj-Dalkhola Highways Limited | ₹9.66 Cr (FY 2024) | -78.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Lnar Associates Private Limited, buy the company report.
Auditor
Lnar Associates Private Limited is audited by BIJAYA MISHRA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIJAYA MISHRA & CO | FY 2021 | 330181E |
Shareholding
The shareholding of Lnar Associates Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Lnar Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2022 | 100565504 | Axis Bank Limited | ₹97.72 Lakh | Open | |
| 27 Jan 2021 | 100421528 | Others | ₹64.92 Lakh | Open | |
| 30 Sep 2020 | 100388069 | Others | ₹82.64 Lakh | Open | |
| 25 Nov 2019 | 100309702 | Others | ₹70 Lakh | Open | |
| 19 Mar 2019 | 100251464 | Others | ₹16 Lakh | Open |
Total charge records: 10 View all charges
Legal cases
Lnar Associates Private Limited has 6 court cases on record: 1 filed by Lnar Associates, 5 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by HDFC Bank Ltd | Pending |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by Axis Bank Limited | Disposed |
| District court, Nayagarh, Odisha | Court case (2(c)c.c) | Filed against the company by an individual | Pending |
| High Court of Orissa | Writ petition | Filed by the company against Principal Commissioner, GST and Central Excise, Bhubaneswar Commissionerate | Pending |
| District court, Kalahandi, Odisha | Court case (U.i Case) | Filed against the company by State of Odisha | Disposed |
To see the full case history of Lnar Associates 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 Lnar Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lnar Associates Private Limited has a workforce of 1 employees on its EPFO records as of May 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 1 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Lnar Associates Private Limited, buy the company report.
GST
Lnar Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCL6330J1ZS | Odisha | Active | 27 Aug 2018 |
To see the full GST registrations and return filing status of Lnar Associates Private Limited, buy the company report.
Recent activity
Lnar Associates Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Lilip Kumar Jena was appointed as Director on 08 Jun 2018.
3 earlier events are in the company report.
Frequently asked questions
Lnar Associates is an active private limited company based in Bhubaneswar, Odisha, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 08 June 2018 (8+ years old) and is registered under CIN U45500OR2018PTC029001.
Lnar Associates has 2 current directors:
- Lilip Kumar Jena - Director
- Maheswar Rana Bhatta - Director
The latest financial statements of Lnar Associates 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 FY 2019 are in the company report.
The GSTIN of Lnar Associates is 21AADCL6330J1ZS, registered in Odisha.
The CIN (Corporate Identification Number) of Lnar Associates is U45500OR2018PTC029001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lnar Associates has 6 court cases on record: 1 filed by the company and 5 filed against it. 4 are pending. Most are in the district courts.
Lnar Associates was incorporated on 08 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Lnar Associates by revenue are Sinha Infrastructure Company Private Limited, Emas Expressway Private Limited, Terpl India Private Limited, Nilamber Tower Private Limited, KV Kargil Developer Private Limited and 4 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Lilip Kumar Jena was appointed as Director on 08 Jun 2018. Maheswar Rana Bhatta was appointed as Director on 08 Jun 2018.
Yes, Lnar Associates is registered as a small enterprise under Udyam registration (number: UDYAM-OD-19-0003536).
The registered office of Lnar Associates is at 1st Floor Plot No – 1181B Devraj Vidyapitha Road Bomikhal, Bhubaneswar, Odisha, India – 751010.

