City Lubricants Private Limited

Founded in 1991 and headquartered in Tamil Nadu, India.

1991 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 04, 2024

City Lubricants Profile

Key Indicators

  • Authorised Capital ₹ 2.57 Cr
  • Paid Up Capital ₹ 2.40 Cr
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 234.31 Cr
  • Satisfied Charges ₹ 184.13 Cr
  • Revenue Growth -38.70%
  • Profit Growth -46.08%
  • Ebitda -35.10%
  • Net Worth 3.84%
  • Total Assets -6.49%

About City Lubricants

City Lubricants Private Limited (CLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 June 1991 and has a history of 33 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Chemicals And Materials 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 2.57 Cr and a paid-up capital of Rs 2.40 Cr.

The company currently has active open charges totaling ₹234.31 Cr. The company has closed loans amounting to ₹184.13 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23209TN1991PTC091803

  • Company No.

    091803

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jun 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

Who are the key members and board of directors at City Lubricants?

Executive Team (1)

Name Designation Appointment Date Status
Sankaran Swaminathan Country flag representing In Managing Director 10-Nov-2008 Current

Board Members (3)

Name Designation Appointment Date Status
Cherukuri Sumithra Country flag representing In Director 31-Mar-2001 Current
Vijay Cherukuri Country flag representing In Director 26-Jan-2000 Current
Jagan Kavuru Country flag representing In Director 23-Dec-2020 Current

Financial Performance of City Lubricants.

City Lubricants Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.7% decrease. The company also saw a substantial fall in profitability, with a 46.08% decrease in profit. The company's net worth moved up by a moderate rise of 3.84%.

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
-38.70%
Revenue from Operations
-38.74%
Total Assets
-6.49%
Profit or Loss
-46.08%
Net Worth
3.84%
EBITDA
-35.10%

What is the Ownership and Shareholding Structure of City Lubricants?

In 2023, City Lubricants had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹234.31 Cr

Satisfied Charges

₹184.13 Cr

Charges Breakdown by Lending Institutions

  • L & T Urban Infrastructure Limited : 140.00 Cr
  • Icici Bank Limited : 71.20 Cr
  • Others : 23.11 Cr

Latest Charge Details

Date Lender Amount Status
31 Aug 2021 Others ₹15.00 Cr Open
03 May 2021 Others ₹3.31 Cr Open
27 Dec 2017 Others ₹4.80 Cr Open
12 Oct 2015 Icici Bank Limited ₹3.00 Cr Open
18 Sep 2014 Icici Bank Limited ₹30.00 Cr Open

How Many Employees Work at City Lubricants?

City Lubricants has a workforce of 44 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of City Lubricants, 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 City Lubricants'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 City Lubricants

Recent activity within the organization

  • Annual General Meeting

    City Lubricants Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    City Lubricants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 31 Jul 2020 via Charge ID 100376026 with Others was fully satisfied on 01 Mar 2023.

    01 Mar 2023

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 31 Aug 2021 with Charge ID 100478725 was modified on 18 Jan 2023.

    18 Jan 2023

  • Charges

    A charge registered on 07 Jan 2020 via Charge ID 100313233 with Citi Bank N.A. was fully satisfied on 17 Sep 2021.

    17 Sep 2021

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100478725 was registered on 31 Aug 2021.

    31 Aug 2021

Frequently asked questions

  • City Lubricants Private Limited was incorporated on 05 Jun 1991.

  • The authorized share capital of City Lubricants Private Limited is ₹ 2.57 Cr and paid-up capital is ₹ 2.40 Cr.

  • Currently 4 directors are associated with City Lubricants Private Limited.

    • Cherukuri Sumithra
    • Vijay Mohan Cherukuri
    • Sankaran Swaminathan
    • Jagan Mohan Rao Kavuru
  • As per Ministry of Corporate Affairs (Mca), the registered address of City Lubricants Private Limited is No:14 Thiruneermalai Road Chrompet, Chennai, Tamil Nadu, India, 600044.

  • The corporate identification number (CIN) of City Lubricants Private Limited is U23209TN1991PTC091803 and the company number is 091803 as per Ministry of Corporate Affairs (MCA).

  • The Official website of City Lubricants Private Limited is https://www.chemoleums.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for City Lubricants Private Limited has fallen by -38.70%.

  • As Per 2023 financial reports, 44 employees are currently employed by City Lubricants Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of City Lubricants Private Limited has experienced an upsurge of 3.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for City Lubricants Private Limited amount to ₹ 234.31 Cr.

  • The most recent Balance Sheet for City Lubricants Private Limited was filed with the ROC on 31 Mar 2023.

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