Lancor Holdings Limited

Real estate company specializing in residential and commercial property development, offering amenities and maintenance services.

1985 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Lancor Holdings Profile

Key Indicators

  • Authorised Capital ₹ 18.06 Cr
  • Paid Up Capital ₹ 14.60 Cr
  • Company Age 40 Year, 26 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 222.91 Cr
  • Satisfied Charges ₹ 1,089.11 Cr
  • Revenue Growth 9.02%
  • Profit Growth 96.86%
  • Ebitda 77.72%
  • Net Worth -0.21%
  • Total Assets -7.29%

About Lancor Holdings

Lancor Holdings Limited (LHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 January 1985 and has a history of 40 years. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509048.

The Corporate was formerly known as Poonji Leasing & Finance Limited. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 18.06 Cr and a paid-up capital of Rs 14.60 Cr.

The company currently has active open charges totaling ₹222.91 Cr. The company has closed loans amounting to ₹1,089.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Lancor Holdings Limited India are Kprakash as Cfo, Kaushani Chatterjee as Company Secretary, and Jalagada Chandrasekar as Ceo. Srinivasan Vasudevan, Seetharaman Sridharan, Gowri Ramachandran, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65921TN1985PLC049092

  • Company No.

    049092

  • Stock Symbol

    BSE : 509048

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 1985

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

Who are the key members and board of directors at Lancor Holdings?

Executive Team (4)

NameDesignationAppointment DateStatus
Kprakash CFO12-Sep-2020Current
Kaushani Chatterjee Country flag representing In Company Secretary12-Feb-2022Current
Jalagada Chandrasekar CEO06-Mar-2024Current
Shekar Rajamani Country flag representing In Managing Director15-Oct-1994Current

Board Members (5)

NameDesignationAppointment DateStatus
Seetharaman Sridharan Country flag representing In Director 13-Nov-2014Current
Gowri Ramachandran Country flag representing In Director 05-Jun-2019Current
Srinivasan Vasudevan Country flag representing In Director 13-Nov-2021Current
Sendhil Vinodhini Country flag representing In Director 28-Jun-2023Current
Krishnaswami Harishankar Country flag representing In Director 05-Jun-2019Current

Financial Performance of Lancor Holdings.

Lancor Holdings Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.02% increase. The company also saw a substantial improvement in profitability, with a 96.86% increase in profit. The company's net worth dipped by a decrease of 0.21%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
9.02%
Revenue from Operations
8.53%
Total Assets
-7.29%
Profit or Loss
96.86%
Net Worth
-0.21%
EBITDA
77.72%

What is the Ownership and Shareholding Structure of Lancor Holdings?

In 2023, Lancor Holdings had a promoter holding of 62.08% and a public holding of 37.92%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹222.91 Cr

Satisfied Charges

₹1,089.11 Cr

Charges Breakdown by Lending Institutions

  • Others : 108.14 Cr
  • Idbi Trusteeship Services Limited : 95.00 Cr
  • City Union Bank Limited : 17.71 Cr
  • Hdfc Bank Limited : 1.28 Cr
  • Citi Bank : 0.78 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jul 2024Hdfc Bank Limited₹0.70 MOpen
25 Jun 2024Others₹6.30 CrOpen
25 Jun 2024Idbi Trusteeship Services Limited₹60.00 CrOpen
19 Jan 2024City Union Bank Limited₹5.00 CrOpen
28 Dec 2023Idbi Trusteeship Services Limited₹15.00 CrOpen

How Many Employees Work at Lancor Holdings?

Lancor Holdings has a workforce of 96 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lancor Holdings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Lancor Holdings's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Lancor Holdings

Recent activity within the organization

  • Annual General Meeting

    Lancor Holdings Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

    09 Sep 2024

  • Charges

    A charge registered on 28 Aug 2019 via Charge ID 100290554 with City Union Bank Limited was fully satisfied on 14 Aug 2024.

    14 Aug 2024

  • Charges

    A charge registered on 10 Sep 2004 via Charge ID 90293243 with The Catholic Syrian Bank Ltd was fully satisfied on 30 Jul 2024.

    30 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100947440 was registered on 10 Jul 2024.

    10 Jul 2024

  • Charges

    A charge registered on 10 Apr 2019 via Charge ID 100258521 with Others was fully satisfied on 08 Jul 2024.

    08 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 6.30 Cr with Charge ID 100940732 was registered on 25 Jun 2024.

    25 Jun 2024

Frequently asked questions

  • Lancor Holdings Limited was incorporated on 04 Jan 1985.

  • The authorized share capital of Lancor Holdings Limited is ₹ 18.06 Cr and paid-up capital is ₹ 14.60 Cr.

  • Currently 9 directors are associated with Lancor Holdings Limited.

    • Srinivasan Vasudevan
    • Seetharaman Sridharan
    • Gowri Ramachandran
    • Sendhil Manian Vinodhini
    • KPrakash
    • Kaushani Chatterjee
    • Jalagada Mangapathy Chandrasekar
    • Krishnaswami Harishankar
    • Shekar Viswanath Rajamani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lancor Holdings Limited is Arihant Vtn Square Ii Floor 58 G.N.Chetty Road T-Nagar, India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Lancor Holdings Limited is L65921TN1985PLC049092 and the company number is 049092 as per Ministry of Corporate Affairs (MCA).

  • Yes, Lancor Holdings Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Lancor Holdings Limited is https://www.lancor.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lancor Holdings Limited has risen by 9.02%.

  • As Per 2023 financial reports, 96 employees are currently employed by Lancor Holdings Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lancor Holdings Limited has experienced an downturn of -0.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lancor Holdings Limited amount to ₹ 222.91 Cr.

  • The most recent Balance Sheet for Lancor Holdings Limited was filed with the ROC on 31 Mar 2024.

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