Lamina Suspension Products Limited

Manufacturer of automotive suspension products, including leaf springs and castings, for global export.

1975 | Mangalore-575 003., Karnataka (India) | Active
Last Updated:

Lamina Suspension Products Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.35 Cr
  • Company Age 49 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 67.10 Cr
  • Satisfied Charges ₹ 152.82 Cr
  • Revenue Growth 10.74%
  • Profit Growth -52.53%
  • Ebitda -18.33%
  • Net Worth -2.59%
  • Total Assets 8.09%

About Lamina Suspension Products

Lamina Suspension Products Limited (LSPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 November 1975 and has a history of 49 years and five months. Its registered office is in Mangalore-575 003., Karnataka.

The Corporate was formerly known as Lamina Suspension Products Private Limited. The Company is engaged in the Automotive 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 3.00 Cr and a paid-up capital of Rs 2.35 Cr.

The company currently has active open charges totaling ₹67.10 Cr. The company has closed loans amounting to ₹152.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajendra Madiyala, Surendra Reddy, Avinash Shenoy, and Five other members serve as directors at the Company.

Company Details

  • Location Mangalore-575 003., Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109KA1975PLC002910

  • Company No.

    002910

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 1975

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive
Company report

Lamina Suspension Products Limited

Explore comprehensive data for Lamina Suspension Products Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Lamina Suspension Products?

Executive Team (1)

NameDesignationAppointment DateStatus
Nitte Hegde Country flag representing In Managing Director01-Oct-2009Current

Board Members (7)

NameDesignationAppointment DateStatus
Vishal Hegde Country flag representing In Director 23-Oct-1998Current
Gopalkrishna Shenoy Country flag representing In Director 18-Mar-2023Current
Rajendra Madiyala Country flag representing In Director 01-Nov-2013Current
Surendra Reddy Country flag representing In Director 18-Mar-2023Current
Avinash Shenoy Country flag representing In Director 17-Aug-2007Current
Srinivas Baliga Country flag representing In Whole-Time Director 30-Nov-2015Current

Financial Performance of Lamina Suspension Products.

Lamina Suspension Products Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.74% increase. The company also saw a substantial fall in profitability, with a 52.53% decrease in profit. The company's net worth dipped by a decrease of 2.59%.

Lamina Suspension Products revenue growth over time
Lamina Suspension Products 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
10.74%
Revenue from Operations
10.63%
Total Assets
8.09%
Profit or Loss
-52.53%
Net Worth
-2.59%
EBITDA
-18.33%

What is the Ownership and Shareholding Structure of Lamina Suspension Products?

In 2023, Lamina Suspension Products had a promoter holding of 51.65% and a public holding of 48.35%. 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

₹67.10 Cr

Satisfied Charges

₹152.82 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 67.10 Cr

Latest Charge Details

DateLenderAmountStatus
19 Sep 2020Hdfc Bank Limited₹33.55 CrOpen
29 May 2020Hdfc Bank Limited₹22.30 CrOpen
29 May 2020Hdfc Bank Limited₹11.25 CrOpen
24 May 2019Others₹1.80 CrSatisfied
25 Apr 2019Others₹1.20 CrSatisfied

How Many Employees Work at Lamina Suspension Products?

Lamina Suspension Products has a workforce of 316 employees as of Mar 29, 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.

Employee growth trends for Lamina Suspension Products Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lamina Suspension Products, 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 Lamina Suspension Products'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 Lamina Suspension Products

Recent activity within the organization

  • Charges

    A charge registered on 24 May 2019 via Charge ID 100272184 with Others was fully satisfied on 21 Oct 2024.

  • Charges

    A charge registered on 25 Apr 2019 via Charge ID 100272818 with Others was fully satisfied on 21 Oct 2024.

  • Annual General Meeting

    Lamina Suspension Products Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 33.55 Cr registered on 19 Sep 2020 with Charge ID 100370545 was modified on 07 Aug 2024.

  • Balance Sheet

    Lamina Suspension Products Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 22.30 Cr registered on 29 May 2020 with Charge ID 100342053 was modified on 02 Nov 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Lamina Suspension Products Limited?

    Lamina Suspension Products Limited was incorporated on 26 Nov 1975.

  • What is authorized share capital and paid-up capital of Lamina Suspension Products Limited?

    The authorized share capital of Lamina Suspension Products Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.35 Cr.

  • Who are the current board members & directors of Lamina Suspension Products Limited?

    Currently 8 directors are associated with Lamina Suspension Products Limited.

    • Rajendra Madiyala
    • Surendra Jayaram Reddy
    • Avinash Shenoy
    • Gopalkrishna Shenoy
    • Vishal Hegde
    • Srinivas Bantwal Baliga
    • Guruprasad Adyanthaya
    • Nitte Vinaya Hegde

  • What is the registered address of Lamina Suspension Products Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lamina Suspension Products Limited is 8Th Floor Ram Bhavan Complex Kodiabail, India, Mangalore-575 003., Karnataka.

  • What is the corporate identification number (CIN) and company number of Lamina Suspension Products Limited?

    The corporate identification number (CIN) of Lamina Suspension Products Limited is U27109KA1975PLC002910 and the company number is 002910 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Lamina Suspension Products Limited?

    The Official website of Lamina Suspension Products Limited is https://www.laminasprings.com

  • What has been the recent revenue trend for Lamina Suspension Products Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Lamina Suspension Products Limited has risen by 10.74%.

  • How many employees does Lamina Suspension Products Limited currently have?

    As Per 2023 financial reports, 316 employees are currently employed by Lamina Suspension Products Limited.

  • What change has been observed in the net worth of Lamina Suspension Products Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Lamina Suspension Products Limited has experienced an downturn of -2.59%.

  • What are the total open charges for Lamina Suspension Products Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Lamina Suspension Products Limited amount to ₹ 67.10 Cr.

  • When was the last Balance Sheet of Lamina Suspension Products Limited filed with the ROC?

    The most recent Balance Sheet for Lamina Suspension Products Limited was filed with the ROC on 31 Mar 2024.

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