About Logix Infrastructure Private Limited
Data last updated:
Logix Infrastructure 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 17 January 2008.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2008PTC172835. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹46 Cr and a paid-up capital of ₹10.01 Cr. It is led by directors including Pawan Kumar Goyal (Irp/Rp/Liquidator) and Navlesh Singh.
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 Level 3 Vasant Square Mall Pocket V Sector B Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2019, the company reported a revenue of ₹96.55 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹18.87 Cr (net margin -19.5%) and EBITDA of -₹5.31 Cr (EBITDA margin -5.5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹620 Cr on record. Court records list 62 cases involving the company, including 12 filed by the company and 51 filed against it; 6 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Cr; the latest was in September 2018.
The last known website on record is logixgroup.in.
Company details
Contact details
Logix Infrastructure Private Limited's registered office is in New Delhi, Delhi. Its website is logixgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLevel 3 Vasant Square Mall Pocket V Sector B Vasant Kunj, New Delhi, Delhi, India – 110070
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Logix Infrastructure 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 Logix Infrastructure 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 Logix Infrastructure Private Limited, buy the company report.
Financials of Logix Infrastructure Private Limited
FY 2020 filings availableLogix Infrastructure Private Limited reported revenue of ₹96.55 Cr (up 22% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 22% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 166% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹96.55 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹5.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.87 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.5% | ||||
| Net Profit Margin | -19.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Logix Infrastructure Private Limited, buy the company report.
Board of directors of Logix Infrastructure Private Limited
Logix Infrastructure has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Goyal | Irp/Rp/Liquidator | 11 Aug 2023 | 3 Years 2 Months | As last reported |
| Navlesh Singh | Director | 04 Mar 2023 | 3 Years 8 Months | As last reported |
| Manishankar Kumar Singh Also directs: Brickhicks Buildtech Private Limited | Director | 24 Jan 2023 | 3 Years 9 Months | As last reported |
Auditor
Logix Infrastructure Private Limited is audited by SAXENA SINGHAL & VAID for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAXENA SINGHAL & VAID | FY 2019 | 003284N |
Shareholding
The shareholding of Logix Infrastructure Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Logix Infrastructure Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2016 | 100065265 | Others | ₹20 Cr | Satisfied | |
| 28 Jun 2016 | 100040925 | Others | ₹20 Cr | Satisfied | |
| 05 Jun 2015 | 10572418 | Icici Bank Limited | ₹25 Cr | Satisfied | |
| 15 Feb 2014 | 10478647 | Icici Bank Limited | ₹170 Cr | Satisfied | |
| 13 Jun 2013 | 10437523 | Idbi Trusteeship Services Limited | ₹60 Cr | Satisfied |
To see the full charge records of Logix Infrastructure Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Logix Infrastructure Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Cr; the latest was in September 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Logix Soft Tel Private Limited Seller: Legend IT Solutions Private Limited , VC Solutions Private Limited |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Logix Soft Tel Private Limited Seller: Laxmi Constructions |
| Jan 2010 | Secondary share transfer | Undisclosed | Buyer: VC Solutions Private Limited , Legend IT Solutions Private Limited , Roselle Infrastructure Private Limited Seller: IT Infraservices Private Limited, Noida Cyber Park Private Limited, Logix Soft Tel Private Limited |
| Jan 2010 | Funding round | ₹50 Cr | Investors: Legend IT Solutions Private Limited , Roselle Infrastructure Private Limited , Logix Soft Tel Private Limited |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: Logix Soft Tel Private Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Logix Infrastructure Private Limited has 62 court cases on record: 12 filed by Logix Infrastructure, 51 filed against it. 6 cases are pending and 56 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 13 | 1 |
| Supreme Court | 18 | 16 | 3 |
| District courts | 14 | 12 | 2 |
| NCLAT | 8 | 8 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 62)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Expert Realty Professionals Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Expert Realty Professionals Privatelimited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Expert Realty Professionals Privatelimited | Disposed |
| High Court of Delhi | Court case (O.M.P. (T) (COMM.)) | Filed against the company by Servotech Electricals Private Limited | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed against the company by Balaji Action Buildwell Pvt. Ltd. | Disposed |
To see the full case history of Logix Infrastructure 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 Logix Infrastructure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Logix Infrastructure Private Limited has a workforce of 2 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Logix Infrastructure has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Logix Infrastructure Private Limited, buy the company report.
Recent activity
Logix Infrastructure Private Limited has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Pawan Kumar Goyal was appointed as Irp/Rp/Liquidator on 11 Aug 2023.
22 earlier events are in the company report.
News
Frequently asked questions
Logix Infrastructure 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 Infrastructure 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 17 January 2008 and is registered under CIN U72200DL2008PTC172835. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Logix Infrastructure has 3 current directors:
- Navlesh Singh - Director
- Manishankar Kumar Singh - Director
- Pawan Kumar Goyal - Irp/Rp/Liquidator
The latest financial statements of Logix Infrastructure 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 Infrastructure is U72200DL2008PTC172835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Logix Infrastructure has no open charges and satisfied charges of ₹620 Cr as per latest MCA filings.
Logix Infrastructure has 62 court cases on record: 12 filed by the company and 51 filed against it. 6 are pending. Most are in the high courts.
Logix Infrastructure was incorporated on 17 January 2008. It is registered with the Registrar of Companies, Delhi.
Logix Infrastructure has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Cr; the latest was in September 2018.
Pawan Kumar Goyal was appointed as Irp/Rp/Liquidator on 11 Aug 2023. Priyanka Gupta ceased to be Company Secretary on 29 May 2023. Navlesh Singh was appointed as Director on 04 Mar 2023. Logix Infrastructure has 12 board changes on record in total.
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