Lamina Suspension Products Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.35 Cr
- Company Age 49 Year, 2 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 two 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
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LocationMangalore-575 003., Karnataka
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27109KA1975PLC002910
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Company No.
002910
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
26 Nov 1975
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Date of AGM
20 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Lamina Suspension Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitte Hegde
|
Managing Director | 01-Oct-2009 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vishal Hegde
|
Director | 23-Oct-1998 | Current |
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Gopalkrishna Shenoy
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Director | 18-Mar-2023 | Current |
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Rajendra Madiyala
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Director | 01-Nov-2013 | Current |
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Surendra Reddy
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Director | 18-Mar-2023 | Current |
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Avinash Shenoy
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Director | 17-Aug-2007 | Current |
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Srinivas Baliga
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Whole-Time Director | 30-Nov-2015 | Current |
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%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
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Nitte Education International Private LimitedVishal Hegde and Nitte Hegde are mutual person
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Educational Rating And Assessment FoundationNitte Hegde is a mutual person
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Lamina Foundries LimitedRajendra Madiyala, Surendra Reddy and 6 more are mutual person
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Aic - Nitte Incubation CentreVishal Hegde and Nitte Hegde are mutual person
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Promac Engineering Industries LimitedSurendra Reddy is a mutual person
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Manmet Engineering Products Private LimitedRajendra Madiyala, Vishal Hegde and 2 more are mutual person
Charges (Loans)
₹67.10 Cr
₹152.82 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 67.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2020 | Hdfc Bank Limited | ₹33.55 Cr | Open |
| 29 May 2020 | Hdfc Bank Limited | ₹22.30 Cr | Open |
| 29 May 2020 | Hdfc Bank Limited | ₹11.25 Cr | Open |
| 24 May 2019 | Others | ₹1.80 Cr | Satisfied |
| 25 Apr 2019 | Others | ₹1.20 Cr | Satisfied |
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.
Deals i
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
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.
