Lakhani Synthetics Pvt Ltd

Manufacturer of various types of polyester yarn for industrial and clothing use.

1993 | Surat, Gujarat (India) | Active
Last Updated: December 29, 2024

Lakhani Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 31 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.92 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth 15.28%
  • Profit Growth 23.34%
  • Ebitda -73.78%
  • Net Worth 0.90%
  • Total Assets 27.72%

About Lakhani Synthetics

Lakhani Synthetics Pvt Ltd (LSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 September 1993 and has a history of 31 years and five months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Manufacturing 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 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹6.92 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shamkarbhai Patel, Nileshbhai Lakhani, Mehul Lakhani, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17110GJ1993PTC020209

  • Company No.

    020209

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Sep 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Lakhani Synthetics?

Board Members (4)

Name Designation Appointment Date Status
Shamkarbhai Patel Country flag representing In Whole-Time Director 16-Sep-1993 Current
Nileshbhai Lakhani Country flag representing In Whole-Time Director 26-Dec-2012 Current
Mehul Lakhani Country flag representing In Whole-Time Director 26-Mar-2015 Current
Vallabhbhai Patel Country flag representing In Whole-Time Director 10-Feb-1994 Current

Financial Performance of Lakhani Synthetics.

Lakhani Synthetics Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 15.28% increase. The company also saw a substantial improvement in profitability, with a 23.34% increase in profit. The company's net worth moved up by a moderate rise of 0.9%.

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
15.28%
Revenue from Operations
15.29%
Total Assets
27.72%
Profit or Loss
23.34%
Net Worth
0.90%
EBITDA
-73.78%

What is the Ownership and Shareholding Structure of Lakhani Synthetics?

In 2021, Lakhani Synthetics had a promoter holding of 99.73% and a public holding of 0.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹69.20 M

Satisfied Charges

₹20.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 6.92 Cr

Latest Charge Details

Date Lender Amount Status
01 May 2017 Axis Bank Limited ₹3.46 Cr Open
10 Mar 2017 Axis Bank Limited ₹3.46 Cr Open
31 Jul 2013 The Varachha Co-Operative Bank Limited ₹1.00 Cr Satisfied
07 Jul 2010 The Varachha Co-Operative Bank Limited ₹1.00 Cr Satisfied

How Many Employees Work at Lakhani Synthetics?

Lakhani Synthetics has a workforce of 5 employees as of Apr 04, 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 Lakhani Synthetics, 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 Lakhani Synthetics'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 Lakhani Synthetics

Recent activity within the organization

  • Annual General Meeting

    Lakhani Synthetics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Lakhani Synthetics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 34.60 M registered on 01 May 2017 with Charge ID 100106450 was modified on 19 Jan 2023.

    19 Jan 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 34.60 M registered on 10 Mar 2017 with Charge ID 100089013 was modified on 30 Nov 2022.

    30 Nov 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 34.60 M with Charge ID 100106450 was registered on 01 May 2017.

    01 May 2017

  • Charges

    A charge registered on 31 Jul 2013 via Charge ID 10444154 with The Varachha Co-Operative Bank Limited was fully satisfied on 22 Mar 2017.

    22 Mar 2017

Frequently asked questions

  • Lakhani Synthetics Pvt Ltd was incorporated on 16 Sep 1993.

  • The authorized share capital of Lakhani Synthetics Pvt Ltd is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 4 directors are associated with Lakhani Synthetics Pvt Ltd.

    • Shamkarbhai Purshottambhai Patel
    • Nileshbhai Vallabhbhai Lakhani
    • Mehul Vallabhbhai Lakhani
    • Vallabhbhai Purshottambhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lakhani Synthetics Pvt Ltd is Plot No.57 To 61 Block No. 793 Village- Kudsad, Taluka- Olpad India, Surat, Gujarat, 394540.

  • The corporate identification number (CIN) of Lakhani Synthetics Pvt Ltd is U17110GJ1993PTC020209 and the company number is 020209 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lakhani Synthetics Pvt Ltd is https://www.30kotayarnonline.business.site

  • According to the financial reports for the fiscal year 2022, the revenue trend for Lakhani Synthetics Pvt Ltd has risen by 15.28%.

  • As Per 2022 financial reports, 5 employees are currently employed by Lakhani Synthetics Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Lakhani Synthetics Pvt Ltd has experienced an upsurge of 0.90%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Lakhani Synthetics Pvt Ltd amount to ₹ 6.92 Cr.

  • The most recent Balance Sheet for Lakhani Synthetics Pvt Ltd was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Textile & Fabric Production