Lulu Projects and Developers Private Limited
About Lulu Projects and Developers Private Limited
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Lulu Projects and Developers Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Lulu International Shopping Malls Private Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 13 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U52100KL2002PTC015472. Its GSTIN is 32AABCE1670Q1ZJ (Kerala).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Express Motors Private Limited. It is led by directors including Ashraf Fahaz and Nishad Mudakkodi Parambil Ashraf.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ernakulam, Kerala.
As per the financials filed for FY 2023, the company reported a revenue of ₹25.08 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹4.25 Cr and EBITDA of ₹21.99 Lakh (EBITDA margin 87.7%).
As per MCA filings, the company has open charges of ₹612.36 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Lulu Projects and Developers has one previous CIN (Corporate Identification Number): U50300KL2002PTC015472. The current CIN is U52100KL2002PTC015472, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100KL2002PTC015472 | Current |
| U50300KL2002PTC015472 | Previous |
Contact details
Lulu Projects and Developers Private Limited's registered office is in Ernakulam, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address37/2907A, C/O. Lulu Group India Head Office NH 66, Ernakulam, Kerala, India – 682024
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Lulu Projects 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
Financials of Lulu Projects and Developers Private Limited
FY 2024 filings availableLulu Projects and Developers Private Limited reported revenue of ₹25.08 Lakh (up 20% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year. EBITDA rose 196% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹25.08 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹21.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.25 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.7% | ||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Lulu Projects and Developers Private Limited, buy the company report.
Board of directors and KMP of Lulu Projects and Developers Private Limited
Lulu Projects and Developers Private Limited currently reports 3 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Agarwal | Company Secretary | 07 Jul 2022 | 4 Years 3 Months | Current |
| Ashraf Fahaz | Director | 13 Apr 2024 | 2 Years 6 Months | Current |
| Nishad Mudakkodi Parambil Ashraf | Director | 26 Nov 2021 | 4 Years 10 Months | Current |
| Joy Shadanan Radhamma | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
Auditor
Lulu Projects and Developers Private Limited is audited by TSN & CO. Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TSN & CO. Chartered Accountants | FY 2023 | 006004S |
Shareholding
The shareholding of Lulu Projects 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 Lulu Projects and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2022 | 100607248 | State Bank of India | ₹612.36 Cr | Open |
To see the full charge records of Lulu Projects and Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Lulu Projects and Developers Private Limited has 6 court cases on record: 5 filed by Lulu Projects and Developers, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Moopan Motors Pvt. Ltd. and 1 other | Disposed |
| High Court of Kerala | Appeal | Filed against the company by State of Kerala, | Pending |
| High Court | Writ petition | Filed by the company against State of Kerala, and 3 others | Disposed |
| High Court, Kerala | Court case (Con.Case(C)) | Filed by the company against an individual | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Lulu Projects 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lulu Projects and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lulu Projects and Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCE1670Q1ZJ | Kerala | Active | 01 Mar 2022 |
To see the full GST registrations and return filing status of Lulu Projects and Developers Private Limited, buy the company report.
Recent activity
Lulu Projects and Developers Private Limited has 7 board changes on record since 2020: 4 appointments and 3 cessations. The latest: Rejith Radhakrishnan ceased to be Director on 12 Nov 2025.
Frequently asked questions
Lulu Projects and Developers is an active private limited company based in Ernakulam, Kerala, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 13 June 2002 (24+ years old) and is registered under CIN U52100KL2002PTC015472.
Lulu Projects and Developers has 4 current directors and KMP:
- Ashraf Fahaz - Director
- Nishad Mudakkodi Parambil Ashraf - Director
- Joy Shadanan Radhamma - Director
- Sunil Agarwal - Company Secretary
The latest financial statements of Lulu Projects and Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lulu Projects and Developers is 32AABCE1670Q1ZJ, registered in Kerala.
The CIN (Corporate Identification Number) of Lulu Projects and Developers is U52100KL2002PTC015472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lulu Projects and Developers has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending.
Lulu Projects and Developers was incorporated on 13 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ernakulam.
Rejith Radhakrishnan ceased to be Director on 12 Nov 2025. Joy Shadanan Radhamma was appointed as Director on 30 Sep 2025. Ashraf Fahaz ceased to be Additional Director on 27 Sep 2024. Lulu Projects and Developers has 7 board changes on record in total.
The registered office of Lulu Projects and Developers is at 372907A, CO. Lulu Group India Head Office NH 66, Ernakulam, Kerala, India – 682024.
Lulu Projects and Developers operates in the automotive industry, in the auto dealership and trading segment.