About LGCL Properties Private Limited
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LGCL Properties Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Lalith Gangadhar Constructions Private Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 14 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45402KA2007PTC044685. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Girish Puravankara (Managing Director) and Ashok Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No. 12/1 Rest House Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2020, the company reported a revenue of ₹20.42 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹36.96 Lakh (net margin -1.8%) and EBITDA of ₹5.46 Cr (EBITDA margin 26.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 6% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: LGCL. As per MCA filings, the company has open charges of ₹116 Cr and satisfied charges of ₹103.05 Cr on record. Court records list 71 cases involving the company, including 19 filed by the company and 52 filed against it; 15 cases are 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 lgcl.in.
Company details
Contact details
LGCL Properties Private Limited's registered office is in Bangalore, Karnataka. Its website is lgcl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 12/1 Rest House Road, Bangalore, Karnataka, India – 560001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of LGCL Properties 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 LGCL Properties 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 LGCL Properties Private Limited, buy the company report.
Financials of LGCL Properties Private Limited
FY 2020 filings availableLGCL Properties Private Limited reported revenue of ₹20.42 Cr (up 25% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 13% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹20.42 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹36.96 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.7% | ||||
| Net Profit Margin | -1.8% | ||||
| 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 LGCL Properties Private Limited, buy the company report.
Board of directors of LGCL Properties Private Limited
LGCL Properties has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Also directs: LGCL Infrastructures Private Limited, LGCL Realty Private Limited, LGCL Urban Homes Private Limited and 3 more | Additional Director | 26 Nov 2021 | 4 Years 11 Months | Current |
| Girish Puravankara | Managing Director | 14 Dec 2007 | 18 Years 10 Months | Current |
Auditor
LGCL Properties Private Limited is audited by Manjunath Prabhu R for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manjunath Prabhu R | FY 2020 | 215027 |
Shareholding
The shareholding of LGCL Properties Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of LGCL Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2022 | 100571977 | Idbi Trusteeship Services Limited | ₹16 Cr | Open | |
| 15 Sep 2020 | 100374524 | Idbi Trusteeship Services Limited | ₹65 Cr | Open | |
| 20 Jul 2018 | 100214217 | Others | ₹35 Cr | Open | |
| 15 Jun 2016 | 100044194 | Others | ₹10 Cr | Satisfied | |
| 30 May 2016 | 100038022 | Others | ₹3.05 Cr | Satisfied |
To see the full charge records of LGCL Properties Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
LGCL Properties Private Limited has 71 court cases on record: 19 filed by LGCL Properties, 52 filed against it. 15 cases are pending and 56 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 50 | 36 | 8 |
| High courts | 19 | 15 | 7 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Fero Door Concepts LLP | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Prince System Private Limited | Pending |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed against the company by Mandava Holdings Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by Prabhat Homes Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Fero Door Concepts LLP | Disposed |
To see the full case history of LGCL Properties 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
LGCL Properties Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| A.K.Stone International | |||
| an individual supplier | |||
| Velnet Non-Conventional Energy Systems Private Limited | |||
| National Pipe Products |
To see the full MSME payment records of LGCL Properties Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
LGCL Properties Private Limited has a workforce of 17 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
LGCL Properties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of LGCL Properties Private Limited, buy the company report.
Recent activity
LGCL Properties Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Rashmi Puravankara ceased to be Director on 27 Nov 2021.
18 earlier events are in the company report.
Frequently asked questions
LGCL Properties is an active private limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 14 December 2007 (19+ years old) and is registered under CIN U45402KA2007PTC044685.
LGCL Properties has 2 current directors:
- Girish Puravankara - Managing Director
- Ashok Kumar - Additional Director
The latest financial statements of LGCL Properties on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. LGCL Properties has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of LGCL Properties is U45402KA2007PTC044685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LGCL Properties has 71 court cases on record: 19 filed by the company and 52 filed against it. 15 are pending. Most are in the district courts.
LGCL Properties was incorporated on 14 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Rashmi Puravankara ceased to be Director on 27 Nov 2021. Ashok Kumar was appointed as Additional Director on 26 Nov 2021. Abhishek Rajiv Prabhu ceased to be Nominee Director on 20 May 2016. LGCL Properties has 7 board changes on record in total.
LGCL Properties has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Jun 2019.
LGCL Properties can be reached through the website lgcl.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of LGCL Properties is at No. 121 Rest House Road, Bangalore, Karnataka, India – 560001.
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