Larica Estates Limited

Develops residential and commercial real estate projects throughout India.

1997 | Kolkata, West Bengal (India) | Active
Last Updated:

Larica Estates Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.45 Cr
  • Satisfied Charges ₹ 46.40 Cr
  • Revenue Growth -26.77%
  • Profit Growth -27.48%
  • Ebitda -34.08%
  • Net Worth 0.32%
  • Total Assets -14.88%

About Larica Estates

Larica Estates Limited (LEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 November 1997 and has a history of 27 years and three months. Its registered office is in Kolkata, West Bengal, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹10.45 Cr. The company has closed loans amounting to ₹46.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manish Lakhotia, Angad Lakhotia, and Satish Lakhotia serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    laricagroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70101WB1997PLC085990

  • Company No.

    085990

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Real Estate and Construction

Who are the key members and board of directors at Larica Estates?

Executive Team (1)

NameDesignationAppointment DateStatus
Satish Lakhotia Country flag representing In Managing Director27-Nov-1997Current

Board Members (2)

NameDesignationAppointment DateStatus
Manish Lakhotia Country flag representing In Director 27-Nov-1997Current
Angad Lakhotia Country flag representing In Director 10-Jun-2006Current

Financial Performance of Larica Estates.

Larica Estates Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.77% decrease. The company also saw a substantial fall in profitability, with a 27.48% decrease in profit. The company's net worth moved up by a moderate rise of 0.32%.

Larica Estates revenue growth over time
Larica Estates 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
-26.77%
Revenue from Operations
-26.99%
Total Assets
-14.88%
Profit or Loss
-27.48%
Net Worth
0.32%
EBITDA
-34.08%

What is the Ownership and Shareholding Structure of Larica Estates?

In 2023, Larica Estates had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.45 Cr

Satisfied Charges

₹46.40 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.43 Cr
  • State Bank Of India : 2.85 Cr
  • Others : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2024State Bank Of India₹2.85 CrOpen
27 Mar 2023Hdfc Bank Limited₹1.80 MOpen
30 Apr 2022Others₹1.74 MOpen
24 Feb 2022Hdfc Bank Limited₹7.25 CrOpen
30 Jul 2021Others₹1.79 MSatisfied

How Many Employees Work at Larica Estates?

Larica Estates has a workforce of 10 employees as of Apr 05, 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.

Employee growth trends for Larica Estates Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Larica Estates, 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 Larica Estates'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 Larica Estates

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 2.85 Cr with Charge ID 100900387 was registered on 28 Mar 2024.

  • Annual General Meeting

    Larica Estates Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Larica Estates Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100775156 was registered on 27 Mar 2023.

  • Charges

    A charge registered on 30 Jul 2021 via Charge ID 100484925 with Others was fully satisfied on 10 May 2022.

  • Charges

    A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100572963 was registered on 30 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Larica Estates Limited?

    Larica Estates Limited was incorporated on 27 Nov 1997.

  • What is authorized share capital and paid-up capital of Larica Estates Limited?

    The authorized share capital of Larica Estates Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Larica Estates Limited?

    Currently 3 directors are associated with Larica Estates Limited.

    • Manish Lakhotia
    • Angad Lakhotia
    • Satish Lakhotia

  • What is the registered address of Larica Estates Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Larica Estates Limited is 52B Shakespeare Sarani Kolkata Wardno-64 Brough-Vii Under The Kolkata, Municipal, West Bengal, India, 700017.

  • What is the corporate identification number (CIN) and company number of Larica Estates Limited?

    The corporate identification number (CIN) of Larica Estates Limited is U70101WB1997PLC085990 and the company number is 085990 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Larica Estates Limited?

    The Official website of Larica Estates Limited is https://www.laricagroup.com

  • What has been the recent revenue trend for Larica Estates Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Larica Estates Limited has fallen by -26.77%.

  • How many employees does Larica Estates Limited currently have?

    As Per 2023 financial reports, 10 employees are currently employed by Larica Estates Limited.

  • What change has been observed in the net worth of Larica Estates Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Larica Estates Limited has experienced an upsurge of 0.32%.

  • What are the total open charges for Larica Estates Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Larica Estates Limited amount to ₹ 10.45 Cr.

  • When was the last Balance Sheet of Larica Estates Limited filed with the ROC?

    The most recent Balance Sheet for Larica Estates Limited was filed with the ROC on 31 Mar 2023.

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