Lulu Projects Private Limited
About Lulu Projects Private Limited
Data last updated:
Lulu Projects Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U70102KL2008PTC022854. Its GSTIN is 32AABCL5501F1Z5 (Kerala).
The company has an authorised share capital of ₹250 Cr and a paid-up capital of ₹237 Cr. It is led by directors including Ajith Kumar and Joy Shadanan Radhamma.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Tc/50/4931 Puzhakkal Ayyanthole P O, Thrissur, Kerala, India – 680003.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.09 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.76 Cr and EBITDA of -₹3.76 Cr. Revenue has declined at a compounded annual rate (CAGR) of 138% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹11,162 Cr and satisfied charges of ₹800 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Lulu Projects Private Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTc/50/4931 Puzhakkal Ayyanthole P O, Thrissur, Kerala, India – 680003
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Lulu Projects 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 Lulu Projects 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 Lulu Projects Private Limited, buy the company report.
Financials of Lulu Projects Private Limited
FY 2024 filings availableLulu Projects Private Limited reported revenue of ₹50.09 Lakh (up 1831% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years. EBITDA fell 381% 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 | -₹3.76 Cr | ||||
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| Net Profit (PAT) | -₹3.76 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Lulu Projects Private Limited, buy the company report.
Board of directors of Lulu Projects Private Limited
Lulu Projects has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajith Kumar | Director | 17 May 2024 | 2 Years 5 Months | Current |
| Joy Shadanan Radhamma | Director | 14 Nov 2014 | 11 Years 11 Months | Current |
| Peethambharan Vadassery Raman Also directs: Emmay Properties Private Limited, Lulu Properties Private Limited, Lulu Infrabuild Private Limited and 5 more | Director | 10 Jul 2015 | 11 Years 3 Months | Current |
| Ellathparambil Haris Abdulrehiman Also directs: Sy Projects and Developers Private Limited, Emmay Properties Private Limited, Sy Projects (India) Private Limited and 4 more | Director | 10 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Lulu Projects Private Limited is audited by JDNT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JDNT & ASSOCIATES | FY 2023 | 004405S |
Shareholding
The shareholding of Lulu Projects 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 Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2024 | 101023142 | Others | ₹5,544.9 Cr | Open | |
| 05 Sep 2022 | 100617186 | Others | ₹120 Cr | Open | |
| 04 May 2022 | 100567316 | Others | ₹945 Cr | Open | |
| 29 Dec 2021 | 100527191 | Others | ₹630 Cr | Open | |
| 28 Nov 2019 | 100317013 | Others | ₹3,921.8 Cr | Open |
To see the full charge records of Lulu Projects Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Lulu Projects Private Limited has 3 court cases on record: 1 filed by Lulu Projects, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The State of Kerala and 4 others | Disposed |
| District court, Thiruvananthapuram, Kerala | Appeal | Filed against the company by individuals | Disposed |
| District court, Thiruvananthapuram, Kerala | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Lulu Projects 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 Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lulu Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCL5501F1Z5 | Kerala | Active | 11 Jun 2024 |
To see the full GST registrations and return filing status of Lulu Projects Private Limited, buy the company report.
Recent activity
Lulu Projects Private Limited has 13 board changes on record since 2014: 4 appointments and 9 cessations. The latest: Ajith Kumar ceased to be Additional Director on 25 Sep 2024.
13 earlier events are in the company report.
Frequently asked questions
Lulu Projects is an active private limited company based in Thrissur, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 July 2008 (18+ years old) and is registered under CIN U70102KL2008PTC022854.
Lulu Projects has 4 current directors:
- Ajith Kumar - Director
- Joy Shadanan Radhamma - Director
- Peethambharan Vadassery Raman - Director
- Ellathparambil Haris Abdulrehiman - Director
The latest financial statements of Lulu Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lulu Projects is 32AABCL5501F1Z5, registered in Kerala.
The CIN (Corporate Identification Number) of Lulu Projects is U70102KL2008PTC022854. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lulu Projects has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Lulu Projects was incorporated on 24 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ajith Kumar ceased to be Additional Director on 25 Sep 2024. Ajith Kumar was appointed as Director on 17 May 2024. Shabira Yusuffali ceased to be Director on 17 May 2024. Lulu Projects has 13 board changes on record in total.
The registered office of Lulu Projects is at Tc504931 Puzhakkal Ayyanthole P O, Thrissur, Kerala, India – 680003.
Lulu Projects operates in the real estate and construction industry, in the real estate builders and developers segment.