About Lsquare Eco-Products Private Limited
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Lsquare Eco-Products Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Cm Envirosystems Private Limited. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 25 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24219KA2007PTC043220. Its GSTIN is 29AABCL3292R1ZR (Karnataka). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹95.78 Lakh. It is led by directors including Jacob Crasta and Gaurav Modi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.34 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹15.11 Lakh (net margin 0.6%) and EBITDA of ₹2.01 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 21% over five years.
The company is associated with 1 brand: Honecore. As per MCA filings, the company has open charges of ₹7.39 Cr and satisfied charges of ₹11.29 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website honecore.com.
Company details
Contact details
Lsquare Eco-Products Private Limited's registered office is in Bangalore, Karnataka. Its website is honecore.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo – B 194 5th Main Peenya 2nd Stage, Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Lsquare Eco-Products 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
Brands
Lsquare Eco-Products operates one associated brand: Honecore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Doors, furniture, and packaging solutions are manufactured. | honecore.com |
Business activity
The main business activity of Lsquare Eco-Products is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Lsquare Eco-Products Private Limited, buy the company report.
Financials of Lsquare Eco-Products Private Limited
FY 2024 filings availableLsquare Eco-Products Private Limited reported revenue of ₹23.34 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 11% growth in the latest year. EBITDA fell 11% 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 | ₹2.01 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹15.11 Lakh | ||||
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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 | 8.6% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Lsquare Eco-Products Private Limited, buy the company report.
Board of directors of Lsquare Eco-Products Private Limited
Lsquare Eco-Products has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jacob Crasta Also directs: CM Envirosystems Private Limited, Levito Global Private Limited, Alliance of Indian Msmes. and 1 more | Director | 03 Sep 2015 | 11 Years 2 Months | Current |
| Gaurav Modi | Director | 25 Jun 2007 | 19 Years 4 Months | Current |
| Rohit Bhandari | Director | 25 Jun 2007 | 19 Years 4 Months | Current |
| Prajwal Antony Crasta Also directs: CM Envirosystems Private Limited, Levito Global Private Limited | Director | 04 Feb 2015 | 11 Years 9 Months | Current |
| Abhijeet Makhijani Suresh | Director | 25 Jun 2007 | 19 Years 4 Months | Current |
| Praveen Crasta | Director | 25 Jun 2007 | 19 Years 4 Months | Current |
Peer comparison
Lsquare Eco-Products Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Furniture, Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Balaji Paper Pack Private Limited | ₹23.42 Cr (FY 2025) | 15.0% | Ahmedabad, Gujarat, India | |||
| Vidhik Prints Private Limited | ₹23.38 Cr (FY 2025) | 26.0% | Gandevi, Gujarat, India | |||
| Loom Crafts Furniture (India) Private Limited | ₹23.34 Cr (FY 2024) | -8.0% | Ghaziabad, Uttar Pradesh, India | |||
| Lsquare Eco-Products Private Limitedthis company | ₹23.34 Cr (FY 2025) | ₹15.11 Lakh | 0.6% | 11.0% | Bangalore, Karnataka, India | |
| Space Plus Design Labs Private Limited | ₹23.21 Cr (FY 2025) | 23.0% | Gurgaon, Haryana, India | |||
| V.Y. Packagings Private Limited | ₹23.1 Cr (FY 2025) | -3.0% | Faridabad, Haryana, India | |||
| Ovion Lifestyle Private Limited | ₹23.02 Cr (FY 2024) | 28.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Lsquare Eco-Products Private Limited, buy the company report.
Auditor
Lsquare Eco-Products Private Limited is audited by V D S R & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V D S R & CO. LLP | FY 2023 | 001626S/S200085 |
Shareholding
The shareholding of Lsquare Eco-Products 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 Lsquare Eco-Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2024 | 100987936 | Others | ₹7.06 Cr | Open | |
| 23 Sep 2024 | 101027583 | Hdfc Bank Limited | ₹32.8 Lakh | Open | |
| 22 Jun 2022 | 100592155 | Axis Bank Limited | ₹2.15 Cr | Satisfied | |
| 02 Mar 2022 | 100546472 | Axis Bank Limited | ₹27.09 Lakh | Satisfied | |
| 28 Feb 2022 | 100543437 | Axis Bank Limited | ₹1.24 Cr | Satisfied |
To see the full charge records of Lsquare Eco-Products Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Lsquare Eco-Products Private Limited has 5 court cases on record: 1 filed by Lsquare Eco-Products, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Dewan Housing Finance Corporation Ltd | Disposed |
| District court, UTTARA KANNADA, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, UTTARA KANNADA, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, UTTARA KANNADA, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, UTTARA KANNADA, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Lsquare Eco-Products 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 Lsquare Eco-Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lsquare Eco-Products has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCL3292R1ZR | Karnataka | Active | 01 Jul 2017 |
| 27AABCL3292R1ZV | Maharashtra | Active | 12 Apr 2018 |
| 03AABCL3292R1Z5 | Punjab | Active | 01 Feb 2020 |
To see the full GST registrations and return filing status of Lsquare Eco-Products Private Limited, buy the company report.
Recent activity
Lsquare Eco-Products Private Limited has 10 board changes on record since 2007: 7 appointments and 3 cessations. The latest: Neeraj Quadras ceased to be Director on 23 Dec 2024.
27 earlier events are in the company report.
Frequently asked questions
Lsquare Eco-Products is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 25 June 2007 (19+ years old) and is registered under CIN U24219KA2007PTC043220.
Lsquare Eco-Products has 6 current directors:
- Jacob Crasta - Director
- Gaurav Modi - Director
- Rohit Bhandari - Director
- Prajwal Antony Crasta - Director
- Abhijeet Makhijani Suresh - Director
- Praveen Crasta - Director
The latest financial statements of Lsquare Eco-Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lsquare Eco-Products is 29AABCL3292R1ZR, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCL3292R1ZV (Maharashtra), 03AABCL3292R1Z5 (Punjab).
The CIN (Corporate Identification Number) of Lsquare Eco-Products is U24219KA2007PTC043220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lsquare Eco-Products has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the district courts.
Lsquare Eco-Products was incorporated on 25 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Lsquare Eco-Products by revenue are Shri Balaji Paper Pack Private Limited, Vidhik Prints Private Limited, Loom Crafts Furniture (India) Private Limited, Space Plus Design Labs Private Limited, V.Y. Packagings Private Limited and 1 more, all in the Packaging industry (Furniture, Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Neeraj Quadras ceased to be Director on 23 Dec 2024. Prajwal Antony Crasta ceased to be Nominee Director on 10 Oct 2019. Jacob Crasta ceased to be Additional Director on 25 Sep 2015. Lsquare Eco-Products has 10 board changes on record in total.
Lsquare Eco-Products can be reached through the website honecore.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Lsquare Eco-Products is at No – B 194 5th Main Peenya 2nd Stage, Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
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