L N Development Limited
About L N Development Limited
Data last updated:
L N Development Limited is a public limited company based in Shillong, Meghalaya, India. It operates in the contract-based services segment of the real estate and construction sector. It was incorporated on 09 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Shillong, under CIN U70102ML1986PLC002590. Its GSTIN is 17AAACL3414A1Z8 (Meghalaya).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹52.15 Lakh. It is led by directors including Chanderkanta Bahirvani and Pushpa Bahirvani.
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 Shillong, Meghalaya.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.53 Cr. For the same year it recorded a net profit of ₹29.29 Lakh (net margin 4.5%) and EBITDA of ₹45.97 Lakh (EBITDA margin 7%).
The company has about 10 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
L N Development has one previous CIN (Corporate Identification Number): U70102ML1986PTC002590. The current CIN is U70102ML1986PLC002590, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102ML1986PLC002590 | Current |
| U70102ML1986PTC002590 | Previous |
Contact details
L N Development Limited's registered office is in Shillong, Meghalaya. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNanak Bhawan, G S Road, Shillong, Meghalaya, India – 793001
- IndustryReal Estate and Construction, Contractual Work, Real Estate Leasing
To see the full contact details of L N Development 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 L N Development Limited
FY 2023 filings availableL N Development Limited reported revenue of ₹6.53 Cr for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹6.53 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹45.97 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹29.29 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7% | ||
| Net Profit Margin | 4.5% | ||
| 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 | |||
To see the full financial statements and ratios of L N Development Limited, buy the company report.
Board of directors of L N Development Limited
L N Development has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chanderkanta Bahirvani | Director | 09 Oct 1986 | 40 Years 0 Months | Current |
| Pushpa Bahirvani | Director | 13 Mar 2019 | 7 Years 7 Months | Current |
| Kishan Chand Bahirvani | Director | 09 Oct 1986 | 40 Years 0 Months | Current |
| Jawahar Bahirvani Lal | Director | 09 Oct 1986 | 40 Years 0 Months | Current |
Auditor
L N Development Limited is audited by A PAUL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A PAUL & CO. | FY 2017 | 312060E |
Shareholding
The shareholding of L N Development Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of L N Development Limited, buy the company report.
Legal cases
L N Development Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by Dashmesh Arts India Ltd | Disposed |
| District court, Kamrup Metro, Assam | Court case (Motor Vehicle Act) | Filed against the company by State of Assam | Pending |
To see the full case history of L N Development 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 L N Development Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
L N Development Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
L N Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 17AAACL3414A1Z8 | Meghalaya | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of L N Development Limited, buy the company report.
Recent activity
L N Development Limited has 4 board changes on record since 1986: 4 appointments. The latest: Pushpa Bahirvani was appointed as Director on 13 Mar 2019.
Frequently asked questions
L N Development is an active public limited company based in Shillong, Meghalaya, India. The company works in contractual work, within the real estate and construction industry. It was incorporated on 09 October 1986 (40+ years old) and is registered under CIN U70102ML1986PLC002590.
L N Development has 4 current directors:
- Chanderkanta Bahirvani - Director
- Pushpa Bahirvani - Director
- Kishan Chand Bahirvani - Director
- Jawahar Bahirvani Lal - Director
The latest financial statements of L N Development on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of L N Development is 17AAACL3414A1Z8, registered in Meghalaya.
The CIN (Corporate Identification Number) of L N Development is U70102ML1986PLC002590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
L N Development has 2 court cases on record: 2 filed against it. 1 is pending.
L N Development was incorporated on 09 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Shillong.
Pushpa Bahirvani was appointed as Director on 13 Mar 2019. Chanderkanta Bahirvani was appointed as Director on 09 Oct 1986. Jawahar Bahirvani Lal was appointed as Director on 09 Oct 1986. L N Development has 4 board changes on record in total.
The registered office of L N Development is at Nanak Bhawan, G S Road, Shillong, Meghalaya, India – 793001.
L N Development operates in the real estate and construction industry, in the contractual work segment.
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