Laggar Industries Limited

Manufacturer of bulletproof steel and other security products, with a 30,000 ton capacity rolling mill.

1990 | Jalandhar, Punjab (India) | Under Insolvency
Last Updated: January 16, 2025

Laggar Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.69 Cr
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 36.75 Cr
  • Satisfied Charges ₹ 12.83 Cr
  • Revenue Growth 47.35%
  • Profit Growth 140.97%
  • Ebitda -91.10%
  • Net Worth 0.22%
  • Total Assets -5.49%

About Laggar Industries

Laggar Industries Limited (LIL) is Under Cirp company established on 09 Oct 1990 with its office registered at Jalandhar, Punjab, India and has been running since 34 Year, 3 Months with a paid up capital of 4.69 Cr. According to MCA records, 3 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999PB1990PLC010741

  • Company No.

    010741

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 1990

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals
Aerospace, Maritime and Defense

What products or services does Laggar Industries Limited offer?

Laggar Industries Limited offers a wide range of products and services, including Cars, Bullet Proof Car, Commercial Vehicles & Three Wheelers, Van, Watchtower, Industrial Jacket, Bullet Proof Jacket, Steel Plates, Armor Plates, Four Wheelers.

Who are the key members and board of directors at Laggar Industries?

Executive Team (1)

Name Designation Appointment Date Status
Sandeep Sobti Country flag representing In Managing Director 09-Oct-1990 Current

Board Members (2)

Name Designation Appointment Date Status
Sunchit Sobti Country flag representing In Whole-Time Director 01-Apr-2006 Current
Puneet Jindal Country flag representing In Director 14-May-2019 Current

Financial Performance of Laggar Industries.

Laggar Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 47.35% increase. The company also saw a substantial improvement in profitability, with a 140.97% increase in profit. The company's net worth moved up by a moderate rise of 0.22%.

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
47.35%
Revenue from Operations
42.74%
Total Assets
-5.49%
Profit or Loss
140.97%
Net Worth
0.22%
EBITDA
-91.10%

What is the Ownership and Shareholding Structure of Laggar Industries?

In 2020, Laggar Industries 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

₹36.75 Cr

Satisfied Charges

₹12.83 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 36.75 Cr

Latest Charge Details

Date Lender Amount Status
24 Jun 2008 Canara Bank ₹10.65 Cr Open
03 Jul 2003 Canara Bank ₹2.60 Cr Open
27 Jun 2003 Canara Bank ₹23.50 Cr Open
22 Dec 2004 Canara Bank ₹5.50 Cr Satisfied
03 Mar 2004 Canara Bank ₹3.10 Cr Satisfied

How Many Employees Work at Laggar Industries?

Laggar Industries has a workforce of 5 employees as of Mar 28, 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 Laggar Industries, 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 Laggar Industries'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 Laggar Industries

Recent activity within the organization

  • Annual General Meeting

    Laggar Industries Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Laggar Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh.

    31 Mar 2022

  • Director Appointment

    Puneet Jindal was appointed as a Director was appointed as a Director on 14 May 2019 & has been associated with this company since 5 years 8 months .

    14 May 2019

  • Charges

    A charge with Canara Bank of Rs. 23.50 Cr registered on 27 Jun 2003 with Charge ID 90178441 was modified on 17 Jun 2016.

    17 Jun 2016

  • Charges

    A charge with Canara Bank of Rs. 10.65 Cr registered on 24 Jun 2008 with Charge ID 10116578 was modified on 03 Jul 2010.

    03 Jul 2010

  • Charges

    A charge registered on 29 Jun 2000 via Charge ID 90180308 with Oriental Bank Of Commerce was fully satisfied on 21 Jul 2008.

    21 Jul 2008

Frequently asked questions

  • Laggar Industries Limited was incorporated on 09 Oct 1990.

  • The authorized share capital of Laggar Industries Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.69 Cr.

  • Currently 3 directors are associated with Laggar Industries Limited.

    • Sunchit Sobti
    • Sandeep Sobti
    • Puneet Jindal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laggar Industries Limited is 86 Sobti Buldingmandir Marg Tanda Road Jalandhar City India, Punjab, 144001.

  • The corporate identification number (CIN) of Laggar Industries Limited is U99999PB1990PLC010741 and the company number is 010741 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Laggar Industries Limited is https://www.laggarindustries.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Laggar Industries Limited has risen by 47.35%.

  • As Per 2022 financial reports, 5 employees are currently employed by Laggar Industries Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Laggar Industries Limited has experienced an upsurge of 0.22%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Laggar Industries Limited amount to ₹ 36.75 Cr.

  • The most recent Balance Sheet for Laggar Industries Limited was filed with the ROC on 31 Mar 2022.

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