About Lycka Properties Private Limited
Data last updated:
Lycka Properties Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2019PTC109629. Its GSTIN is 24ABCCS5368K1Z0 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Slabstacks Construction Technologies Private Limited. It is led by directors Dular Rajesh Patel and Devarshi Rajeshbhai 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 26 Shyam Vihar Bunglows Shilaj Road Thaltej, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.57 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.03 Cr (net margin 27.9%) and EBITDA of ₹9.11 Cr (EBITDA margin 42.2%).
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹5 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is 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 lycka.properties.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address26 Shyam Vihar Bunglows Shilaj Road Thaltej, Ahmedabad, Gujarat, India – 380058
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Lycka Properties Private Limited
The main business activity of Lycka Properties is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Lycka Properties Private Limited FY 2025 filings available
Lycka Properties Private Limited reported revenue of ₹21.57 Cr (up 214% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Lycka Properties Private Limited
Revenue rose 214% in the latest year. EBITDA rose 806% 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 of Lycka Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.11 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.03 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 of Lycka Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 27.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Lycka Properties are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Lycka Properties Private Limited
Lycka Properties Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MLR Infrastructure Private Limited | ₹21.59 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Secunderabad, Telangana, India |
| Sylvanus Builders and Developers Limited | ₹21.59 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Ahmedabad, Gujarat, India |
| Unity Aurum Construction Private Limited | ₹21.59 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Bellanza Developers Private Limited | ₹21.59 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Hoysala Projects Private Limited | ₹21.58 Cr (FY 2023) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Lycka Properties Private Limited this company | ₹21.57 Cr (FY 2025) | •••• | •••• | 214.0% | •••• | Ahmedabad, Gujarat, India |
| Venkatesh Foundation Private Limited | ₹21.56 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| B A R Builders and Developers (India) Private Limited | ₹21.56 Cr (FY 2024) | •••• | •••• | 124.0% | •••• | Bangalore, Karnataka, India |
| Jai Bhagwan Realties Private Limited | ₹21.56 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Bhiwandi, Maharashtra, India |
| Lavish Buildmart Private Limited | ₹21.55 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Gurgaon, Haryana, India |
| Ozone Realtors Private Limited | ₹21.55 Cr (FY 2023) | •••• | •••• | 114.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Lycka Properties by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Lycka Properties Private Limited
Lycka Properties Private Limited is audited by S V PARSANI AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S V PARSANI AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Lycka Properties Private Limited
Lycka Properties has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dular Rajesh Patel Also directs: Lycka Asset Management LLP | Director | 23 Apr 2024 | 2 Years 5 Months | Current |
| Devarshi Rajeshbhai Patel Also directs: Lycka Asset Management LLP, Sampatti Investment Consultancy LLP | Director | 22 Aug 2019 | 7 Years 1 Months | Current |
Ownership and Shareholding of Lycka Properties Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Lycka Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2022 | Others | ₹5 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Lycka Properties Private Limited
Lycka Properties Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Lycka Properties Private Limited
Employment history and EPFO contributions of people linked to Lycka Properties.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Lycka Properties Private Limited
Lycka Properties Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Riketaben Rajeshbhai Patel ceased to be Director on 12 Nov 2025.
Credit Ratings, Litigation & Regulatory Alerts for Lycka Properties Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Lycka Properties Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Lycka Properties Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Lycka Properties Private Limited
Lycka Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABCCS5368K1Z0 | Gujarat | Active | 16 Jun 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Lycka Properties Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Lycka Properties Private Limited
Lycka Properties is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 August 2019 (7+ years old) and is registered under CIN U45201GJ2019PTC109629.
Lycka Properties reported revenue of ₹21.57 Cr for FY 2025 (up 214% YoY).
Lycka Properties has 2 current directors:
- Dular Rajesh Patel - Director
- Devarshi Rajeshbhai Patel - Director
Lycka Properties reported a net profit of ₹6.03 Cr (net margin 27.9%) and EBITDA of ₹9.11 Cr (EBITDA margin 42.2%) for FY 2025, as per its filed financial statements.
The GSTIN of Lycka Properties is 24ABCCS5368K1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Lycka Properties is U45201GJ2019PTC109629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lycka Properties has 1 court case on record: 1 filed against it. 1 is pending.
Lycka Properties was incorporated on 22 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Lycka Properties by revenue are MLR Infrastructure Private Limited, Sylvanus Builders and Developers Limited, Unity Aurum Construction Private Limited, Bellanza Developers Private Limited, Hoysala Projects Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Riketaben Rajeshbhai Patel ceased to be Director on 12 Nov 2025. Dular Rajesh Patel ceased to be Additional Director on 29 Sep 2024. Dular Rajesh Patel was appointed as Director on 23 Apr 2024. Lycka Properties has 5 board changes on record in total.
Lycka Properties can be reached through the website lycka.properties. Its registered office is in Ahmedabad, Gujarat, India.