Lagan Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.31 Cr
- Company Age 69 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 42.16 Cr
- Revenue Growth 3.17%
- Profit Growth 13.61%
- Ebitda 19.73%
- Net Worth -33.97%
- Total Assets -2.95%
About Lagan Engineering Company
Lagan Engineering Company Limited (LECL) was founded in India on 01 August 1955 and has a glorious history of 69 years and nine months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Lagan Jute Machinery Co Ltd. The Company is engaged in the Machinery And Equipment 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 5.00 Cr and a paid-up capital of Rs 2.31 Cr.
The company has closed loans amounting to ₹42.16 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Prakash Bhotica, Bhudipta Saha, and Shubham Agarwalla serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28920WB1955PLC022512
- Company No.
022512
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Aug 1955
- Date of AGM
06 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Machinery and Equipment
What products or services does Lagan Engineering Company Limited offer?
Lagan Engineering Company Limited offers a wide range of products and services, including Apparel & Textile Machinery, Textile Processing Machines, Spinning Machinery.
Lagan Engineering Company Limited
Explore comprehensive data for Lagan Engineering Company Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Lagan Engineering Company?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Bhotica  | Director | 27-Aug-2021 | Current |
| Bhudipta Saha | Director | 09-Sep-2019 | Current |
| Shubham Agarwalla | Whole-Time Director | 21-Feb-2023 | Current |
Financial Performance of Lagan Engineering Company.
Lagan Engineering Company Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.17% increase. The company also saw a substantial improvement in profitability, with a 13.61% increase in profit. The company's net worth observed a substantial decline by a decrease of 33.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lagan Engineering Company?
In 2022, Lagan Engineering Company had a promoter holding of 27.25% and a public holding of 72.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Murlidhar Ratanlal Exports LtdPrakash Bhotica is a mutual person
Kasa Contrade Pvt LtdPrakash Bhotica is a mutual person
- Indian Jute Machinery Research & Development
Prakash Bhotica and Shubham Agarwalla are mutual person
- Savoy Enterprises Ltd
Shubham Agarwalla is a mutual person
- Sundaram Niwas Private Limited
Shubham Agarwalla is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹42.16 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 42.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 May 1997 | State Bank Of India | ₹21.08 Cr | Satisfied |
| 22 Aug 1990 | State Bank Of India | ₹21.08 Cr | Satisfied |
How Many Employees Work at Lagan Engineering Company?
Unlock and access historical data on people associated with Lagan Engineering Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lagan Engineering Company, 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 Lagan Engineering Company's trajectory.
Rating
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
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 Lagan Engineering Company
Recent activity within the organization
- Annual General Meeting
Lagan Engineering Company Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records.
- Balance Sheet
Lagan Engineering Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Director Appointment
Shubham Agarwalla was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Feb 2023 & has been associated with this company since 2 years 2 months .
- Director Appointment
Prakash Kumar Bhotica was appointed as a Director was appointed as a Director on 27 Aug 2021 & has been associated with this company since 3 years 8 months .
- Charges
A charge registered on 20 May 1997 via Charge ID 90250223 with State Bank Of India was fully satisfied on 26 Jun 2020.
- Charges
A charge registered on 22 Aug 1990 via Charge ID 90249140 with State Bank Of India was fully satisfied on 26 Jun 2020.
Frequently asked questions
What is the Incorporation or founding date of Lagan Engineering Company Limited?
Lagan Engineering Company Limited was incorporated on 01 Aug 1955.
What is authorized share capital and paid-up capital of Lagan Engineering Company Limited?
The authorized share capital of Lagan Engineering Company Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.31 Cr.
Who are the current board members & directors of Lagan Engineering Company Limited?
Currently 3 directors are associated with Lagan Engineering Company Limited.
- Prakash Kumar Bhotica
- Bhudipta Saha
- Shubham Agarwalla
What is the registered address of Lagan Engineering Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lagan Engineering Company Limited is 14 Dr Mohd Ishaque Rdformerly Keyd St India, Kolkata, West Bengal, 700016.
What is the corporate identification number (CIN) and company number of Lagan Engineering Company Limited?
The corporate identification number (CIN) of Lagan Engineering Company Limited is U28920WB1955PLC022512 and the company number is 022512 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lagan Engineering Company Limited?
The Official website of Lagan Engineering Company Limited is https://www.lagan.co.in
What has been the recent revenue trend for Lagan Engineering Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Lagan Engineering Company Limited has risen by 3.17%.
What change has been observed in the net worth of Lagan Engineering Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lagan Engineering Company Limited has experienced an downturn of -33.97%.
When was the last Balance Sheet of Lagan Engineering Company Limited filed with the ROC?
The most recent Balance Sheet for Lagan Engineering Company Limited was filed with the ROC on 31 Mar 2024.
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