Indiana Led Lighting LLP
About Indiana Led Lighting LLP
Data last updated:
Indiana Led Lighting LLP is a limited liability partnership (LLP) based in Pune, Maharashtra, India. The LLP is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 08 February 2017.
The LLP is registered with the Registrar of Companies (ROC), Pune, under LLPIN AAI-5051. Its GSTIN is 27AAGFI2071K1ZA (Maharashtra). The LLP holds 2 GST registrations, of which 1 is active.
The LLP has a total obligation of contribution of ₹1 Cr. It is led by designated partners Manisha Sudhir Deshkhaire and Sudhir Udhavrao Deshkhaire.
Its latest statement of accounts is for the year ended 31 March 2022. The registered office is at Flat No. D – 102 S.No. 210/2 211/2 Park Street Park Titanium Wakad, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹37.76 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹63.63 Lakh (net margin 1.7%) and EBITDA of ₹4.14 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years.
As per MCA filings, the LLP has open charges of ₹43.88 Cr on record. Court records list 18 cases involving the LLP, including 1 filed by the LLP and 17 filed against it; 7 cases are pending.
Company details
Contact details
Indiana Led Lighting LLP's registered office is in Pune, Maharashtra.
- Registered AddressFlat No. D – 102 S.No. 210/2 211/2 Park Street Park Titanium Wakad, Pune, Maharashtra, India – 411057
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 Indiana Led Lighting LLP
FY 2022 filings availableIndiana Led Lighting LLP reported revenue of ₹37.76 Cr (down 25% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 49%. EBITDA fell 14% 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
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profit After Tax | ₹63.63 Lakh | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Indiana Led Lighting LLP, buy the company report.
Designated partners of Indiana Led Lighting LLP
Indiana Led Lighting has 2 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Sudhir Deshkhaire Also directs: Deshsons Auto Electric LLP | Designated Partner | 10 Sep 2021 | 5 Years 1 Months | As last reported |
| Sudhir Udhavrao Deshkhaire | Designated Partner | 08 Feb 2017 | 9 Years 8 Months | As last reported |
Peer comparison
Indiana Led Lighting LLP is compared with the 10 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing, Lighting), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ensonic Computech Private Limited | ₹38.39 Cr (FY 2025) | 45.0% | Kolkata, West Bengal, India | |||
| CPP Thermo Devices Private Limited | ₹38.39 Cr (FY 2019) | 15.0% | New Delhi, Delhi, India | |||
| Palam Plastics Private Limited | ₹38.3 Cr (FY 2025) | 52.0% | New Delhi, Delhi, India | |||
| Enertect Vision Technologies Private Limited | ₹38.17 Cr (FY 2024) | 107.0% | Thane, Maharashtra, India | |||
| Rse India Private Limited | ₹37.99 Cr (FY 2024) | New Delhi, Delhi, India | ||||
| Indiana Led Lighting LLPthis company | ₹37.76 Cr (FY 2021) | ₹63.63 Lakh | 1.7% | -25.0% | Pune, Maharashtra, India | |
| VN Sunrise Refrigeration Technology Private Limited | ₹37.73 Cr (FY 2025) | 52.0% | Faridabad, Haryana, India | |||
| Augment Simulation India Private Limited | ₹37.53 Cr (FY 2025) | 42.0% | Mumbai, Maharashtra, India | |||
| Midas Electronics Private Limited | ₹37.46 Cr (FY 2025) | 2.0% | Delhi, India | |||
| Sunshine Powertronics Private Limited | ₹37.24 Cr (FY 2025) | 109.0% | Pune, Maharashtra, India | |||
| Keec (I) Private Limited | ₹37.17 Cr (FY 2024) | -8.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Indiana Led Lighting LLP, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2020 | 100359163 | Canara Bank Specialised Mcb-I Deccan Gymkhana Pune | ₹17.8 Cr | Open | |
| 29 Jun 2018 | 100194907 | Canara Bank, Sme Branch | ₹10 Lakh | Open | |
| 21 Apr 2017 | 100106836 | Canara Bank, Sme Branch, Pune | ₹25.98 Cr | Open |
To see the full charge records of Indiana Led Lighting LLP, buy the company report.
Total charge records: 3 View all charges
Legal cases
Indiana Led Lighting LLP has 18 court cases on record: 1 filed by Indiana Led Lighting, 17 filed against it. 7 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 17 | 7 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Lumens Technologies Pvt Ltd Through Anand S. Patel | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Osram Lighting Private Limited | Pending |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Elektronika Sales Private Limited | Disposed |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Canara Bank Asset Recovery Management Branch | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by an individual | Pending |
To see the full case history of Indiana Led Lighting LLP, 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 Indiana Led Lighting LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indiana Led Lighting has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGFI2071K1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indiana Led Lighting LLP, buy the company report.
Recent activity
Indiana Led Lighting LLP has 5 designated partner changes on record since 2017: 2 appointments and 3 cessations. The latest: Akshay Rajendra Galinde ceased to be Designated Partner on 10 Sep 2021.
Frequently asked questions
Indiana Led Lighting is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The LLP may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Indiana Led Lighting is a company under insolvency, formerly operating as a limited liability partnership based in Pune, Maharashtra, India. The LLP works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 08 February 2017 and is registered under LLPIN AAI-5051. Caution is advised - the LLP may not have the legal capacity to fulfil new agreements.
Indiana Led Lighting has 2 current designated partners:
- Manisha Sudhir Deshkhaire - Designated Partner
- Sudhir Udhavrao Deshkhaire - Designated Partner
The latest financial statements of Indiana Led Lighting on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 March 2023. Year-wise statements from FY 2017 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Indiana Led Lighting is AAI-5051. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Indiana Led Lighting has open charges of ₹43.88 Cr and no satisfied charges on record as per latest MCA filings.
Indiana Led Lighting has 18 court cases on record: 1 filed by the LLP and 17 filed against it. 7 are pending.
Indiana Led Lighting was incorporated on 08 February 2017. It is registered with the Registrar of Companies, Pune.
The peers of Indiana Led Lighting by revenue are Ensonic Computech Private Limited, CPP Thermo Devices Private Limited, Palam Plastics Private Limited, Enertect Vision Technologies Private Limited, Rse India Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing, Lighting).
Akshay Rajendra Galinde ceased to be Designated Partner on 10 Sep 2021. Manisha Sudhir Deshkhaire was appointed as Designated Partner on 10 Sep 2021. Sunil Udhaorao Deshkhaire ceased to be Designated Partner on 10 Sep 2021. Indiana Led Lighting has 5 designated partner changes on record in total.
The registered office of Indiana Led Lighting is at Flat No. D – 102 S.No. 2102 2112 Park Street Park Titanium Wakad, Pune, Maharashtra, India – 411057.