LG Builders and Developers Private Limited
About LG Builders and Developers Private Limited
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LG Builders and Developers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2005PTC036785.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bileshivale Muddanna Govardhana Murthy and Sundaresh Belishivale Muddanna.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at L G Lake Dew Belishivale Doddagubbi Post, Bangalore, Karnataka, India – 562149.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.61 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹11.83 Lakh (net margin -1.6%) and EBITDA of ₹33.69 Lakh (EBITDA margin 4.4%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.5 Lakh on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
LG Builders and Developers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressL G Lake Dew Belishivale Doddagubbi Post, Bangalore, Karnataka, India – 562149
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of LG Builders 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
Business activity
The main business activity of LG Builders and Developers is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of LG Builders and Developers Private Limited, buy the company report.
Financials of LG Builders and Developers Private Limited
FY 2017 filings availableLG Builders and Developers Private Limited reported revenue of ₹7.61 Cr (down 27% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 27% fall in the latest year. EBITDA fell 67% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹7.61 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹33.69 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹11.83 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.4% | ||
| Net Profit Margin | -1.6% | ||
| 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 LG Builders and Developers Private Limited, buy the company report.
Board of directors of LG Builders and Developers Private Limited
LG Builders and Developers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bileshivale Muddanna Govardhana Murthy | Director | 18 Jan 2013 | 13 Years 9 Months | Current |
| Sundaresh Belishivale Muddanna | Director | 14 Sep 2008 | 18 Years 1 Months | Current |
Auditor
LG Builders and Developers Private Limited is audited by S H TANKASALI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S H TANKASALI & CO | FY 2017 | 015705S |
Shareholding
The shareholding of LG Builders and Developers Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of LG Builders and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2014 | 10483911 | The Federal Bank Limited | ₹41.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
LG Builders and Developers Private Limited has 8 court cases on record: 2 filed by LG Builders and Developers, 6 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 1 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Interim or miscellaneous application | Filed against the company by M/S Champion Infratech Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Real Estate Regulatory Authority | Pending |
| District court, BALLARI, Karnataka | Motor accident claim | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BALLARI, Karnataka | Motor accident claim | Filed against the company | Disposed |
To see the full case history of LG Builders 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 LG Builders and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
LG Builders and Developers Private Limited has a workforce of 25 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for LG Builders and Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
LG Builders and Developers Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Muddanna Channakeshava ceased to be Director on 28 Jan 2013.
Frequently asked questions
LG Builders and Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 July 2005 (21+ years old) and is registered under CIN U07010KA2005PTC036785.
LG Builders and Developers has 2 current directors:
- Bileshivale Muddanna Govardhana Murthy - Director
- Sundaresh Belishivale Muddanna - Director
The latest financial statements of LG Builders and Developers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of LG Builders and Developers is U07010KA2005PTC036785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LG Builders and Developers has 8 court cases on record: 2 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
LG Builders and Developers was incorporated on 15 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Muddanna Channakeshava ceased to be Director on 28 Jan 2013. Bileshivale Muddanna Govardhana Murthy was appointed as Director on 18 Jan 2013. Anand Kotreshwar Sithale ceased to be Additional Director on 22 Mar 2012. LG Builders and Developers has 6 board changes on record in total.
The registered office of LG Builders and Developers is at L G Lake Dew Belishivale Doddagubbi Post, Bangalore, Karnataka, India – 562149.
LG Builders and Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
LG Builders and Developers has open charges of ₹41.5 Lakh and no satisfied charges on record as per latest MCA filings.