Company Intelligence Profile
Laqshya Media Limited
Laqshya Media Ltd is a Mumbai-headquartered, 1997-founded Indian out-of-home (OOH) advertising and integrated media group operating under the "Laqshya Media Group" brand.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Laqshya Media Limited |
|---|---|
| CIN | U74300MH1997PLC105548 |
| PAN | AAACL5004C (confirmed — Tofler; matches PAN prefix of the GSTIN 27AAACL5004C1Z5). |
| Status | Active, Public Limited Company (unlisted). Confirmed by Tofler and TheCompanyCheck. |
| Listing | Unlisted (confirmed by TheCompanyCheck: "Listing Status: Unlisted"; no Screener/NSE-BSE record found; no shareholding pattern disclosure obligations apply). |
| Incorporated | 31 January 1997 (confirmed — Tofler and TheCompanyCheck agree). |
| ROC | RoC Mumbai/Maharashtra (Tofler says "Maharashtra", TheCompanyCheck says "Mumbai" — same RoC, minor label difference, confirmed). |
| Sector (NIC) | Business services / Professional, scientific and technical activities — advertising and market research (out-of-home/OOH media, digital marketing, experiential/event marketing). Confirmed via Tofler + TheCompanyCheck + own site (laqshyagroup.com). |
| Registered address | "Jaganlaxmi, Laqshya House, Next to Rameshwar Temple, Saraswati Baug, Society Road, Jogeshwari (East), Mumbai, Maharashtra 400060." Confirmed — Tofler and TheCompanyCheck agree verbatim. |
| Authorized capital | ₹45.00 crore (confirmed — Tofler + TheCompanyCheck agree). |
| Paid-up capital | ₹9.26 crore (confirmed — Tofler + TheCompanyCheck agree). |
Business Overview
Confirmed- Laqshya Media Ltd is a Mumbai-headquartered, 1997-founded Indian out-of-home (OOH) advertising and integrated media group operating under the "Laqshya Media Group" brand
- Core lines: outdoor/OOH advertising (hoardings, transit media, airport media), digital marketing, experiential/live events, and creative/mainline advertising services
- Company describes its positioning as "creating real human connections for brands" across living/working/travelling contexts
- Sources: laqshyagroup.com (self-description), Tofler, TheCompanyCheck
Directors
ConfirmedConfirmed via Tofler + TheCompanyCheck (cross-agreeing on names, DINs where given, and tenures):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Alok Jalan | 00214331 | Managing Director, DIN 00214331, director since 15 Apr 1999 shareholder-director | - |
| Atul Kumar Shrivastava | 06981340 | Whole-time Director, DIN 06981340, since 30 Sep 2014 shareholder-director | - |
| Meghna Puri / Meghna Ghai Puri | 00130085 | Director, DIN 00130085, since 07 Apr 2023 | - |
| Ambar Kasliwal | 01907106 | Director, DIN 01907106, since 30 Dec 2021 | - |
| Nikhil Panchamiya | 00236375 | Director, DIN 00236375, since 18 Aug 2021 | - |
| Ajay (Subhash) Mittal | 00084644 | Director, DIN 00084644, since 28 Aug 2023 | - |
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AAACL5004C1Z5 | Maharashtra | AAACL5004C (confirmed — Tofler; matches PAN prefix of the GSTIN 27AAACL5004C1Z5). | Active |
Primary GSTIN: 27AAACL5004C1Z5 (Maharashtra, home state), PAN AAACL5004C, registered 01 Jul 2017, status Active, constitution "Public Limited Company." Confirmed by 2 independent sources (Masters India GST search + KnowYourGST individual GSTIN page), plus corroborated by TenderKart and PiceApp listings. #Registrations: KnowYourGST's individual GSTIN page states the entity holds active GST registrations across 13 states (Maharashtra plus Telangana, Gujarat, Rajasthan, West Bengal, Uttar Pradesh, Tamil Nadu, Karnataka, Kerala, Punjab, Haryana, and others) — this multi-state count is single-sourced (partial, not independently cross-verified) and count is approximate. Source conflict flag: KnowYourGST labels the legal name "LAQSHYA MEDIA PVT LTD" / "Private Limited Company" for this GSTIN, while Masters India labels it "LAQSHYA MEDIA LIMITED" / "Public Limited Company" — likely a stale KnowYourGST record predating the entity's conversion to a public limited company; treat constitution as Public Limited (matches CIN/MCA-type status).
Financials
Partial / conflictingStandalone, per Tofler (balance sheet extract) and TheCompanyCheck (P&L extract), FY2024-25 (year ended Mar 2025):
- Revenue: ₹494.19 crore (TheCompanyCheck states 56.87% YoY growth) — Tofler shows a revenue band of "₹100-500 cr" consistent with this figure.
- Reserves: ₹11.7 crore; Borrowings: ₹67.0 crore; Trade payables: ₹254.4 crore; Total assets: ₹382.2 crore (Tofler standalone balance sheet).
- YoY deltas per Tofler (exact absolute figures paywalled behind Tofler Pro): Net profit +118.64%, EBITDA +9.37%, Net worth +22.22%, Total borrowings +54.45%, Total assets -9.59%.
- EBITDA, PAT and Net worth absolute figures: not obtained (locked behind paid subscription on both sources checked).
- Employees: ~226 per TheCompanyCheck (EPFO data).
Overall status: partial — top-line revenue confirmed by 2 sources; EBITDA/PAT/net-worth absolute values not obtained.
Funding
Partial / conflicting- Per Tracxn (used only for round names/investor names per policy): $65 million raised across 1 funding round, reported as of ~June 2008, investors named as Warburg Pincus, RGIA ("Rabo India Gain Investments" — India-focused PE arm) and one additional undisclosed investor
- This is old/historical (2008) private-equity funding into the (then-private) Laqshya entity
- not obtained: any funding activity in the last 10 years
- Single-source (Tracxn only, as instructed) — treat as unconfirmed/partial
Charges & Loans
Partial / conflicting- Confirmed via TheCompanyCheck: 24 total charge records
- Open charges: ₹119.46 crore
- Satisfied charges: ₹113.79 crore
- Lender breakdown: "Others" ₹118.97 cr (aggregated/undisclosed lender category), HDFC Bank Limited ₹0.25 cr, Axis Bank Limited ₹0.24 cr. Recent activity: 28 Nov 2025 new charge (₹0.67 cr, "Others")
- 20 Oct 2025 Axis Bank charge (₹0.24 cr)
- 08 Jul 2024 HDFC Bank charge (₹0.25 cr)
- 16 May 2024 two charges totaling ₹55 cr ("Others")
- Single-sourced to TheCompanyCheck
- not cross-verified against a second registry source (MCA charge index is blocked per policy) — treat as partial-confirmed
Credit Ratings
Partial / conflicting- Only rating found: CARE Ratings assigned "CARE BB+" to long-term bank facilities of "Laqshya Media Private Limited" per a CARE press release dated 11 October 2009 (note: entity was then a Private Limited company, pre-dating its current Public Limited status)
- This is a 17-year-old rating action with no confirmed current validity — not obtained: any CRISIL, ICRA, or CARE rating action in the 2015-2025 window despite a targeted search
- status: partial/stale, do not present as a current rating
Legal / Litigation
ConfirmedIndian Kanoon shows an active pattern of tax-dispute litigation, predominantly writ petitions against Income Tax authorities in Bombay High Court, plus a Karnataka HC and Madras HC matter. Confirmed cases (indiankanoon.org):
- Laqshya Media Limited vs Assistant Commissioner of Income Tax — Bombay HC, 29 Mar 2022 (J. K.R. Shriram)
- Laqshya Media Limited vs Asst/Dy CIT — Bombay HC, 23 Mar 2026, WP 477/2026 (J. B.P. Colabawalla)
- Laqshya Media Limited vs Asst/Dy CIT — Bombay HC, 23 Mar 2026, WP 468/2026 (J. B.P. Colabawalla)
- M/S Laqshya Media Ltd (formerly Laqshya Outdoors) vs State of Karnataka — Karnataka HC, 3 Dec 2025
- Laqshya Media Limited vs Assistant CIT — Bombay HC, 17 Feb 2025, WP 5318/2024 (J. M.S. Sonak)
- Laqshya Media Limited vs Asst/Dy CIT — Bombay HC, 10 Feb 2026, WP 468/2026 (J. B.P. Colabawalla)
- Laqshya Media Limited vs Assistant Commissioner of Income Tax — Bombay HC, 28 Jul 2021 (J. Abhay Ahuja)
- M/S Laqshya Media Limited vs Chennai Metro Rail Limited — Madras HC, 22 Dec 2021 (commercial/OOH-site dispute, J. M. Dhandapani)
- Laqshya Media Limited vs The Commissioner — Madras HC, 24 Oct 2025 (J. N. Anand Venkatesh)
- Laqshya Media Limited vs Asst/Dy CIT — Bombay HC, 10 Feb 2026, WP 553/2026 (J. B.P. Colabawalla)
No adverse final rulings could be characterized from titles alone (case outcomes not read in full); nature is overwhelmingly recurring income-tax writ litigation typical of a large advertising company, plus one commercial dispute with Chennai Metro Rail.
Competitors
Partial / conflictingNamed OOH/integrated-media peers (India), rough scale tags: 1. Bright Outdoor Media — large national OOH player, comparable/slightly smaller scale. 2. Times OOH (Times Group) — large, part of a major media conglomerate, bigger scale. 3. JCDecaux India — global OOH major's India arm, larger/global scale. 4. Selvel One / Selvel Media Services — large legacy Indian OOH player, comparable scale. 5. DDB Mudra Max / Mudra Max OOH — large integrated agency-linked OOH arm, comparable-to-larger scale. 6. Ravi Advertising & Signages — mid-size regional OOH player, smaller scale. Note: competitor set drawn from general industry knowledge of the Indian OOH/advertising sector, not independently source-verified in this session (no dedicated market-share source was fetched) — treat as indicative/partial, not confirmed.
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