About Logix City Developers Private Limited
Data last updated:
Logix City Developers Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Logix Soft-Tel Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 March 2011.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL2011PTC215320. Its GSTIN is 09AABCL9744L1ZW (Uttar Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Shakti Nath and Davender Mohan Saxena.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Dgl006 Ground Floor DLF Galleria Mayur Vihar Phase – I, New Delhi, Delhi, India – 110091.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.94 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹3.58 Cr (net margin -21.1%) and EBITDA of -₹2.86 Cr (EBITDA margin -16.9%). Revenue has declined at a compounded annual rate (CAGR) of 31% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Logix Group. As per MCA filings, the company has open charges of ₹215 Cr and satisfied charges of ₹270 Cr on record. Court records list 34 cases involving the company, including 5 filed by the company and 29 filed against it; 13 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in June 2011.
The last known website on record is logixgroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressDgl006 Ground Floor DLF Galleria Mayur Vihar Phase – I, New Delhi, Delhi, India – 110091
- 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
Associated Brands
Logix City Developers operates one associated brand: Logix Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commercial and residential properties are developed in India. | logixgroup.in |
Business Activity
The main business activity of Logix City Developers is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of 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
Financials of Logix City Developers Private Limited
FY 2020 filings availableLogix City Developers Private Limited reported revenue of ₹16.94 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA rose 76% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹2.86 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹3.58 Cr | |
| 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -16.9% | |
| Net Profit Margin | -21.1% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Logix City Developers are in the company report.
: available in the company report
Board of Directors of Logix City Developers Private Limited
Logix City Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shakti Nath | Director | 07 Mar 2011 | 15 Years 7 Months | As last reported |
| Davender Mohan Saxena Also directs: Logix Developers Private Limited, Logix Builders & Promoters Private Limited, Logix Buildwell Private Limited and 3 more | Director | 07 Jun 2019 | 7 Years 4 Months | As last reported |
Auditor Details
Logix City Developers Private Limited is audited by SAXENA SINGHAL & VAID for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAXENA SINGHAL & VAID | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2017 | Others | ₹90 Cr | Open |
| 21 May 2015 | Dhanlaxmi Bank Limited | ₹125 Cr | Open |
| 15 Feb 2014 | Icici Bank Limited | ₹170 Cr | Satisfied |
| 27 Sep 2011 | Icici Bank Limited | ₹100 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding
Logix City Developers Private Limited has 2 deals on record (2 secondary share transfers); the latest was in June 2011.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: VC Solutions Private Limited , Logix Soft Tel Private Limited Seller: Lakshmi Construction, Noida Cyberpark Private Limited , IT Enfraservices Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Lakshmi Construction, VC Solutions Private Limited , Logix Reality Developers Private Limited Seller: 2 individuals |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Logix City Developers Private Limited has 34 court cases on record: 5 filed by Logix City Developers, 29 filed against it. 13 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 4 |
| High courts | 9 | 5 | 3 |
| Supreme Court | 7 | 7 | 5 |
| NCLT | 3 | 3 | 0 |
| NCLAT | 2 | 1 | 1 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Interim or miscellaneous application | Filed against the company by Sophisticated Industrial Materials Analytic Labs Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Netambit Home Options Pvt. Ltd | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by M/S Sophisticated Industrial Materials Analytic Labs Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Idbi Trusteeship Services Ltd | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by M/S Saha Infratech Pvt. Ltd. Director Aniel Kumar Saha 6Th Floor, Matrix Tower, B-4, Sector 132, Expressway , District: Noida ,Noida , Uttar Pradesh and 1 other | Disposed |
: available in 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.
Employees and EPFO Compliance
Logix City Developers Private Limited has a workforce of 2 employees as of Apr 07, 2024.
: available in the company report
Group Structure
Logix City Developers has 2 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Docile Buildtech Private Limited | U70102DL2014PTC267872 | Locked |
| Arable Builders Private Limited | U70109DL2014PTC268008 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity
Logix City Developers Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Davender Mohan Saxena was appointed as Director on 07 Jun 2019.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Logix City Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCL9744L1ZW | Uttar Pradesh | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Logix City Developers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Logix City Developers is a company under insolvency, formerly operating as a 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 07 March 2011 and is registered under CIN U70101DL2011PTC215320. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Logix City Developers has 2 current directors:
- Shakti Nath - Director
- Davender Mohan Saxena - Director
The latest financial statements of Logix City Developers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Logix City Developers is U70101DL2011PTC215320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Logix City Developers has open charges of ₹215 Cr and satisfied charges of ₹270 Cr as per latest MCA filings.
Logix City Developers has 34 court cases on record: 5 filed by the company and 29 filed against it. 13 are pending. Most are in the district courts.
Logix City Developers was incorporated on 07 March 2011. It is registered with the Registrar of Companies, Delhi.
Logix City Developers has 2 deals on record (2 secondary share transfers); the latest was in June 2011.
Davender Mohan Saxena was appointed as Director on 07 Jun 2019. Vikram Nath ceased to be Additional Director on 07 Jun 2019. Meena Nath ceased to be Director on 14 Nov 2018. Logix City Developers has 4 board changes on record in total.