About Lotus Logistics and Developers Private Limited
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Lotus Logistics and Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH1994PTC183655. Its GSTIN is 27AABCL1198G1ZH (Maharashtra).
The company has an authorised share capital of ₹12.51 Cr and a paid-up capital of ₹8.02 Cr. It was formerly known as Lotus Logistics Pvt Ltd and Saharsh Syntex Private Limited. It is led by directors Ashok Kumar Agarwal and Ranchod Manji Patel.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹115.49 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹13.29 Cr (net margin -11.5%) and EBITDA of -₹5.57 Cr (EBITDA margin -4.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 51% over five years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹164.62 Cr and satisfied charges of ₹468.35 Cr on record. Court records list 107 cases involving the company, including 16 filed by the company and 91 filed against it; 29 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lotusgroup.in.
Company details
Name history
Lotus Logistics and Developers has undergone 2 name changes throughout its history. The company was previously known as Lotus Logistics Pvt Ltd, and Saharsh Syntex Private Limited. The current legal name is Lotus Logistics And Developers Private Limited.
| Company Name | Status |
|---|---|
| Lotus Logistics and Developers Private Limited | Current |
| Lotus Logistics Pvt Ltd | Previous |
| Saharsh Syntex Private Limited | Previous |
CIN history
Lotus Logistics and Developers has one previous CIN (Corporate Identification Number): U51109WB1994PTC061317. The current CIN is U51109MH1994PTC183655, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109MH1994PTC183655 | Current |
| U51109WB1994PTC061317 | Previous |
Contact details
Lotus Logistics and Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is lotusgroup.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address801 8th Floor Lotus Link Square Near, Apna Bazaar D N Nagar New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Lotus Logistics and Developers 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 Lotus Logistics and Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Lotus Logistics and Developers Private Limited, buy the company report.
Financials of Lotus Logistics and Developers Private Limited
FY 2025 filings availableLotus Logistics and Developers Private Limited reported revenue of ₹115.49 Cr (down 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 85% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 51%. EBITDA rose 77% 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 | -₹5.57 Cr | ||||
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| Net Profit (PAT) | -₹13.29 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.8% | ||||
| Net Profit Margin | -11.5% | ||||
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To see the full financial statements and ratios of Lotus Logistics and Developers Private Limited, buy the company report.
Board of directors of Lotus Logistics and Developers Private Limited
Lotus Logistics and Developers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Agarwal | Director | 30 May 2005 | 21 Years 4 Months | Current |
| Ranchod Manji Patel Also directs: Rowland Trexim LLP, Lotus Grih Nirman Private Limited, Trackman Sales Pvt Ltd and 2 more | Director | 12 Jul 2010 | 16 Years 3 Months | Current |
Peer comparison
Lotus Logistics and Developers Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R Karunanidhe Constructions Private Limited | ₹115.67 Cr (FY 2025) | 52.0% | Coimbatore, Tamil Nadu, India | |||
| Firstlight Properties Private Limited | ₹115.51 Cr (FY 2025) | 36.0% | Mumbai, Maharashtra, India | |||
| Lotus Logistics and Developers Private Limitedthis company | ₹115.49 Cr (FY 2025) | -₹13.29 Cr | -11.5% | -85.0% | Mumbai, Maharashtra, India | |
| Tricon Buildwell Private Limited | ₹115.43 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Amar Prakaash Developerss Private Limited | ₹115.3 Cr (FY 2018) | -43.0% | Chennai, Tamil Nadu, India | |||
| Kumar Properties and Real Estate Private Limited | ₹115.19 Cr (FY 2025) | -21.0% | Pune, Maharashtra, India |
To see the full peer comparison of Lotus Logistics and Developers Private Limited, buy the company report.
Auditor
Lotus Logistics and Developers Private Limited is audited by C A S & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C A S & Co | FY 2023 | 111075W |
Shareholding
The shareholding of Lotus Logistics and Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lotus Logistics and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2023 | 100864647 | Others | ₹30 Cr | Open | |
| 20 May 2022 | 100586514 | Others | ₹9.31 Cr | Open | |
| 17 Mar 2021 | 100464568 | Others | ₹16.31 Cr | Open | |
| 17 May 2019 | 100266281 | Others | ₹109 Cr | Open | |
| 18 Dec 2023 | 100849521 | Others | ₹41 Cr | Satisfied |
To see the full charge records of Lotus Logistics and Developers Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Lotus Logistics and Developers Private Limited has 107 court cases on record: 16 filed by Lotus Logistics and Developers, 91 filed against it. 29 cases are pending and 78 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 62 | 51 | 10 |
| District courts | 39 | 37 | 19 |
| NCLT | 3 | 0 | 0 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 107)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0304-Arbitration Law and Other Alternative Dispute Resolution : Challenge to arbitral award, matters relating to execution under Section 36, under Section 34/Section 37 of the Arbitration & Conciliation Act, 1996 and challenges to arbitral award under Arbitration Act, 1940) | Filed against the company by M/S Lotus Developers | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Saharsh Yarn Private Limited ( High Court St. No.9685/2023) | Disposed |
| Bombay High Court | Court case (CARAP) | Filed against the company by Mitsubishi Elevator India Private Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Bravia Interior Infrastructure Private Limited and 1 other | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by Saharsh Yarn Private Limited | Disposed |
To see the full case history of Lotus Logistics and Developers 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.
Credit ratings & regulatory alerts
Lotus Logistics and Developers Private Limited was last rated by Crisil on 17 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Jan 2020 |
To see the full credit ratings and regulatory alerts of Lotus Logistics and Developers Private Limited, buy the company report.
MSME payment delays
Lotus Logistics and Developers Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| S G C O & Co LLP |
To see the full MSME payment records of Lotus Logistics and Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Lotus Logistics and Developers has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Lotus Grih Nirman Private Limited | U45200MH2005PTC153686 | |
| Bravia Interor Infrastructure Private Limited | U70102MH2006PTC162531 |
To see the full group structure of Lotus Logistics and Developers Private Limited, buy the company report.
GST
Lotus Logistics and Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCL1198G1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lotus Logistics and Developers Private Limited, buy the company report.
Recent activity
Lotus Logistics and Developers Private Limited has 8 board changes on record since 2005: 2 appointments and 6 cessations. The latest: Bhagwanji Manji Patel ceased to be Director on 03 Apr 2017.
26 earlier events are in the company report.
Frequently asked questions
Lotus Logistics and Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 January 1994 (32+ years old) and is registered under CIN U51109MH1994PTC183655.
Lotus Logistics and Developers has 2 current directors:
- Ashok Kumar Agarwal - Director
- Ranchod Manji Patel - Director
The latest financial statements of Lotus Logistics and Developers 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 Lotus Logistics and Developers is 27AABCL1198G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lotus Logistics and Developers is U51109MH1994PTC183655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lotus Logistics and Developers has 107 court cases on record: 16 filed by the company and 91 filed against it. 29 are pending. Most are in the high courts.
Lotus Logistics and Developers was incorporated on 03 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Lotus Logistics and Developers by revenue are R Karunanidhe Constructions Private Limited, Firstlight Properties Private Limited, Tricon Buildwell Private Limited, Amar Prakaash Developerss Private Limited, Kumar Properties and Real Estate Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Bhagwanji Manji Patel ceased to be Director on 03 Apr 2017. Vivek Brijkrishandas Agrawal ceased to be Director on 03 Apr 2017. Navaneet Lal Damani ceased to be Whole-Time Director on 16 Oct 2014. Lotus Logistics and Developers has 8 board changes on record in total.
Lotus Logistics and Developers has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 07 Jun 2019.
Lotus Logistics and Developers can be reached through the website lotusgroup.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Lotus Logistics and Developers is at 801 8th Floor Lotus Link Square Near, Apna Bazaar D N Nagar New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.