Lgcl Developers Private Limited

Develops and sells residential buildings, row houses, and villas in various projects.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: January 05, 2025

Lgcl Developers Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 37.29 Cr
  • Satisfied Charges ₹ 75.80 Cr
  • Revenue Growth -35.50%
  • Profit Growth -874.39%
  • Ebitda -435.01%
  • Net Worth -172.93%
  • Total Assets -9.83%

About Lgcl Developers

Lgcl Developers Private Limited (LDPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 March 2008 and has a history of 16 years and ten months. Its registered office is in Bangaluru, Karnataka, 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 2020. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹37.29 Cr. The company has closed loans amounting to ₹75.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Girish Puravankara and Ashok Kumar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70109KA2008PTC045594

  • Company No.

    045594

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 2008

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at Lgcl Developers?

Executive Team (1)

Name Designation Appointment Date Status
Girish Puravankara Country flag representing In Managing Director 13-Mar-2008 Current

Board Members (1)

Name Designation Appointment Date Status
Ashok Kumar Country flag representing In Additional Director 26-Nov-2021 Current

Financial Performance of Lgcl Developers.

Lgcl Developers Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 35.5% decrease. The company also saw a substantial fall in profitability, with a 874.39% decrease in profit. The company's net worth observed a substantial decline by a decrease of 172.93%.

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
-35.50%
Revenue from Operations
Total Assets
-9.83%
Profit or Loss
-874.39%
Net Worth
-172.93%
EBITDA
-435.01%

What is the Ownership and Shareholding Structure of Lgcl Developers?

In 2020, Lgcl Developers had a promoter holding of 99.90% and a public holding of 0.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹372.86 M

Satisfied Charges

₹758.00 M

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 37.29 Cr

Latest Charge Details

Date Lender Amount Status
18 May 2011 Idbi Trusteeship Services Limited ₹37.29 Cr Open
31 Oct 2009 Lic Housing Finance Ltd ₹20.00 Cr Satisfied
26 Aug 2008 Kotak Mahindra Trusteeship Services Limites Account Kaoif ₹55.80 Cr Satisfied

How Many Employees Work at Lgcl Developers?

Lgcl Developers has a workforce of 0 employees as of Apr 02, 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 Lgcl Developers, 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 Lgcl Developers'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 Lgcl Developers

Recent activity within the organization

  • Director Appointment

    Ashok Kumar was appointed as a Additional Director was appointed as a Additional Director on 26 Nov 2021 & has been associated with this company since 3 years 2 months .

    26 Nov 2021

  • Annual General Meeting

    Lgcl Developers Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Lgcl Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

    31 Mar 2020

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 372.86 M with Charge ID 10320980 was registered on 18 May 2011.

    18 May 2011

  • Charges

    A charge registered on 31 Oct 2009 via Charge ID 10192512 with Lic Housing Finance Ltd was fully satisfied on 16 May 2011.

    16 May 2011

  • Charges

    A charge with Lic Housing Finance Ltd amounted to Rs. 200.00 M with Charge ID 10192512 was registered on 31 Oct 2009.

    31 Oct 2009

Frequently asked questions

  • Lgcl Developers Private Limited was incorporated on 13 Mar 2008.

  • The authorized share capital of Lgcl Developers Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Lgcl Developers Private Limited.

    • Girish Puravankara
    • Ashok Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lgcl Developers Private Limited is No. 12/1 Rest House Road, India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Lgcl Developers Private Limited is U70109KA2008PTC045594 and the company number is 045594 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lgcl Developers Private Limited is https://www.lgcl.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Lgcl Developers Private Limited has fallen by -35.50%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Lgcl Developers Private Limited has experienced an downturn of -172.93%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Lgcl Developers Private Limited amount to ₹ 37.29 Cr.

  • The most recent Balance Sheet for Lgcl Developers Private Limited was filed with the ROC on 31 Mar 2020.

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