About L&T Infra Credit Limited
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L&T Infra Credit Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of L&T Finance Holdings Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the infra debt financing segment of the financial services sector. It was incorporated on 19 March 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN L67100MH2013PLC241104. Its GSTIN is 27AACCL4493R1ZP (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 533519 and NSE: LTF.
The company had an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹571.63 Cr. It was formerly known as L&T Finance Limited and L&T Infra Debt Fund Limited. It was led by directors including Rupa Rege Nitsure (Whole-Time Director) and Thomas Mathew Thumpeparambil.
Its last annual general meeting (AGM) was held on 28 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹685.47 Cr, a decline of 6.25% compared to the previous year.
The company had about 7 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: L & T Finance Holdings. As per MCA filings, the company had satisfied charges of ₹2,563.41 Cr on record. Court records list 36 cases involving the company, including 32 filed by the company and 4 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹769.34 Cr; the latest was in April 2019. Its 8 peer companies in the BFSI industry (Infrastructure Debt Fund, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 5 smaller; the largest is Sidhant Credit Capital Ltd with revenue of ₹770.53 Cr.
The last known website on record is ltfs.com.
Company details
Name history
L&T Infra Credit has undergone 3 name changes throughout its history. The company was previously known as L&T Finance Limited, L&T Infra Debt Fund Limited, and L&T Finance Services Limited. The current legal name is L&T Infra Credit Limited.
| Company Name | Status |
|---|---|
| L&T Infra Credit Limited | Current |
| L&T Finance Limited | Previous |
| L&T Infra Debt Fund Limited | Previous |
| L&T Finance Services Limited | Previous |
CIN history
L&T Infra Credit has one previous CIN (Corporate Identification Number): U67100MH2013PLC241104. The current CIN is L67100MH2013PLC241104, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67100MH2013PLC241104 | Current |
| U67100MH2013PLC241104 | Previous |
Contact details
L&T Infra Credit Limited's registered office is in Mumbai, Maharashtra. Its website is ltfs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 177 Cts 6970 6971 Vidyanagari Marg Cst Road Kalina, Santacruz (East) India, Mumbai, Maharashtra, India – 400098
- IndustryFinancial Services, Infra Debt Financing, NBFC, Investment & Credit NBFC
To see the full contact details of L&T Infra Credit 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
L&T Infra Credit operates one associated brand: L & T Finance Holdings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified lending services are provided as a non-banking financial institution. | ltfs.com |
Business activity
L&T Infra Credit operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Other financial activities |
To see the full business activity and turnover split of L&T Infra Credit Limited, buy the company report.
Financials of L&T Infra Credit Limited
FY 2023 filings availableL&T Infra Credit Limited reported revenue of ₹685.47 Cr (down 6.25% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6.25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹685.47 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of L&T Infra Credit Limited, buy the company report.
Board of directors and KMP of L&T Infra Credit Limited
L&T Infra Credit Limited currently reports 4 directors and 2 key managerial personnel. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thomas Mathew Thumpeparambil | Director | 16 Oct 2014 | 12 Years 0 Months | As last reported |
| Manish Bachubhai Jethwa | Cfo | 20 Jan 2022 | 4 Years 9 Months | As last reported |
| Nishi Vasudeva | Director | 02 Jul 2018 | 8 Years 3 Months | As last reported |
| Rupa Rege Nitsure | Whole-Time Director | 27 Apr 2016 | 10 Years 6 Months | As last reported |
| Savita Kodain Also directs: L&T Financial Consultants Limited | Company Secretary | 09 Jun 2021 | 5 Years 4 Months | As last reported |
| Dinanath Mohandas Dubhashi | Director | 29 Apr 2016 | 10 Years 5 Months | As last reported |
Peer comparison
L&T Infra Credit Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Infrastructure Debt Fund, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sidhant Credit Capital Ltd | ₹770.53 Cr (FY 2025) | -21.0% | Kolkata, West Bengal, India | |||
| Kogta Financial (India) Ltd | ₹770.32 Cr (FY 2024) | 48.0% | Bijainagar, Rajasthan, India | |||
| Finova Capital Private Limited | ₹762.34 Cr (FY 2025) | 44.0% | Jaipur, Rajasthan, India | |||
| Fincfriends Private Limited | ₹753.57 Cr (FY 2025) | 118.0% | Gurgaon, Haryana, India | |||
| Thermic Steel Co Pvt Ltd | ₹752.43 Cr (FY 2025) | 2166744.0% | Kolkata, West Bengal, India | |||
| Neogrowth Credit Private Limited | ₹750.31 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Tash Investment Private Limited | ₹746.97 Cr (FY 2019) | 38.0% | Gujarat, India | |||
| Rexcin Finance Private Limited | ₹731.25 Cr (FY 2017) | 670970.0% | Delhi, India | |||
| L&T Infra Credit Limitedthis company | ₹685.47 Cr (FY 2023) | -6.3% | 7 | Mumbai, Maharashtra, India |
To see the full peer comparison of L&T Infra Credit Limited, buy the company report.
Auditor
L&T Infra Credit Limited is audited by B. K. Khare & Co. Chartered Accountants for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. K. Khare & Co. Chartered Accountants | FY 2019 | 105102W |
Shareholding
The shareholding of L&T Infra Credit 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 L&T Infra Credit Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2020 | 100373450 | Others | ₹101.2 Cr | Satisfied | |
| 01 Jun 2020 | 100344564 | Others | ₹120 Cr | Satisfied | |
| 17 Dec 2018 | 100227277 | Others | ₹50 Cr | Satisfied | |
| 09 Jul 2018 | 100192447 | Others | ₹308 Cr | Satisfied | |
| 09 Jul 2018 | 100195966 | Others | ₹58 Cr | Satisfied |
To see the full charge records of L&T Infra Credit Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
L&T Infra Credit Limited has 1 deal on record (1 funding round), with disclosed funding of ₹769.34 Cr; the latest was in April 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Funding round | ₹769.34 Cr | Investors: Apis Partners |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
L&T Infra Credit Limited has 36 court cases on record: 32 filed by L&T Infra Credit, 4 filed against it. 2 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 3 | 1 |
| High courts | 5 | 1 | 0 |
| Supreme Court | 3 | 0 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1003-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters arising out of orders of Company Law Board under Section 397 & 398 of Companies Act, 1956) | Filed by the company against Infrastructure Leasing and Financial Services Limited Through CS Rajan, Managing Director Il and FS Financial Centre, Plot No. C-22, G Block, Bandra Kurla Complex, Bandra East ,Mumbai , Maharashtra and 18 others | Pending |
| Supreme Court | Court case (1003-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters arising out of orders of Company Law Board under Section 397 & 398 of Companies Act, 1956) | Filed by the company against Infrastructure Leasing and Financial Services Limited the Ilandfs Financial Centre, Plot C22, G Block Bandra Kurla Complex, Bandra East , District: Mumbai ,New Delhi , Delhi and 21 others | Disposed |
| District court, Paschim Bardhaman, West Bengal | Execution petition | Filed by the company against an individual | Pending |
| District court, Madurai, Tamil Nadu | Court case (IP) | Filed against the company | Disposed |
| High Court, KARNATAKA | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of L&T Infra Credit 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
L&T Infra Credit Limited was last rated by Icra on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of L&T Infra Credit Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for L&T Infra Credit Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
L&T Infra Credit Limited has a workforce of 7 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
L&T Infra Credit has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCL4493R1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of L&T Infra Credit Limited, buy the company report.
Recent activity
L&T Infra Credit Limited has 28 board changes on record since 2013: 17 appointments and 11 cessations. The latest: Rajaraman Shiva ceased to be Whole-Time Director on 17 May 2022.
107 earlier events are in the company report.
News
Frequently asked questions
L&T Infra Credit has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
L&T Infra Credit was a public limited company based in Mumbai, Maharashtra, India. The company worked in infra debt financing, within the financial services industry. It was incorporated on 19 March 2013 and is registered under CIN L67100MH2013PLC241104. Listed on BSE: 533519 and NSE: LTF. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
L&T Infra Credit was incorporated on 19 March 2013. It is registered with the Registrar of Companies, Mumbai.
L&T Infra Credit had 6 directors and KMP:
- Rupa Rege Nitsure - Whole-Time Director
- Thomas Mathew Thumpeparambil - Director
- Nishi Vasudeva - Director
- Dinanath Mohandas Dubhashi - Director
- Manish Bachubhai Jethwa - Cfo
- Savita Kodain - Company Secretary
The CIN (Corporate Identification Number) of L&T Infra Credit is L67100MH2013PLC241104. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. L&T Infra Credit is a listed company as per MCA records. Its shares are listed on both BSE (code: 533519) and NSE (symbol: LTF).
The registered office of L&T Infra Credit is at Plot No. 177 Cts 6970 6971 Vidyanagari Marg Cst Road Kalina, Santacruz East India, Mumbai, Maharashtra, India – 400098.
L&T Infra Credit can be reached through the website ltfs.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of L&T Infra Credit on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 July 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of L&T Infra Credit is 27AACCL4493R1ZP, registered in Maharashtra.
L&T Infra Credit operated in the financial services industry, in the infra debt financing segment.