Lan Spin Tex Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.51 Cr
- Company Age 9 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 172.41 Cr
- Revenue Growth 51.54%
- Profit Growth 228.26%
- Ebitda 353.50%
- Net Worth 156.08%
- Total Assets -10.91%
About Lan Spin Tex
Lan Spin Tex Private Limited (LSTPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 July 2015 (Nine years and ten months 8 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Best Lan Spintex Private Limited. 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 5.00 Cr and a paid-up capital of Rs 4.51 Cr.
The company currently has active open charges totaling ₹172.41 Cr.
Rajkumar Ramasamy and Balasubramaniam Srinivasan serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17100TZ2015PTC021587
- Company No.
021587
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Jul 2015
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Lan Spin Tex Private Limited
Explore comprehensive data for Lan Spin Tex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Lan Spin Tex?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajkumar Ramasamy  | Director | 15-Jul-2015 | Current |
| Balasubramaniam Srinivasan | Director | 12-Feb-2024 | Current |
Financial Performance of Lan Spin Tex.
Lan Spin Tex Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 51.54% increase. The company also saw a substantial improvement in profitability, with a 228.26% increase in profit. The company's net worth Soared by an impressive increase of 156.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Lan Spin Tex?
In 2021, Lan Spin Tex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rrd Tex Private LimitedRajkumar Ramasamy is a mutual person
- Best Colour Solutions India Private Limited
Rajkumar Ramasamy is a mutual person
Liberti World Lingerie Private LimitedBalasubramaniam Srinivasan is a mutual person
Best Lan Garments Private LimitedRajkumar Ramasamy is a mutual person
Best Finance Corporation LimitedRajkumar Ramasamy is a mutual person
Best Cotton Mills Private LimitedRajkumar Ramasamy is a mutual person
Charges (Loans)
Open Charges
₹172.41 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 80.00 Cr
- State Bank Of India : 60.00 Cr
- Others : 17.41 Cr
- Citi Bank N.A. : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2023 | Citi Bank N.A. | ₹15.00 Cr | Open |
| 06 Apr 2023 | Others | ₹17.41 Cr | Open |
| 23 Mar 2022 | State Bank Of India | ₹60.00 Cr | Open |
| 28 Feb 2022 | Standard Chartered Bank | ₹50.00 Cr | Open |
| 31 Jul 2018 | Standard Chartered Bank | ₹30.00 Cr | Open |
How Many Employees Work at Lan Spin Tex?
Lan Spin Tex has a workforce of 541 employees as of Apr 03, 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 Lan Spin Tex, 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 Lan Spin Tex'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 Lan Spin Tex
Recent activity within the organization
- Annual General Meeting
Lan Spin Tex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Lan Spin Tex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Director Appointment
Balasubramaniam Srinivasan was appointed as a Director was appointed as a Director on 12 Feb 2024 & has been associated with this company since 1 year 3 months .
- Charges
A charge with Others of Rs. 17.41 Cr registered on 06 Apr 2023 with Charge ID 100708279 was modified on 18 Aug 2023.
- Charges
A charge with Citi Bank N.A. amounted to Rs. 15.00 Cr with Charge ID 100714898 was registered on 03 May 2023.
- Charges
A charge with Others amounted to Rs. 17.41 Cr with Charge ID 100708279 was registered on 06 Apr 2023.
Frequently asked questions
What is the Incorporation or founding date of Lan Spin Tex Private Limited?
Lan Spin Tex Private Limited was incorporated on 15 Jul 2015.
What is authorized share capital and paid-up capital of Lan Spin Tex Private Limited?
The authorized share capital of Lan Spin Tex Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.51 Cr.
Who are the current board members & directors of Lan Spin Tex Private Limited?
Currently 2 directors are associated with Lan Spin Tex Private Limited.
- Rajkumar Ramasamy
- Balasubramaniam Srinivasan
What is the registered address of Lan Spin Tex Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lan Spin Tex Private Limited is No 89/2 Padmavathipuram Avinashi Road India, Tirupur, Tamil Nadu, 641603.
What is the corporate identification number (CIN) and company number of Lan Spin Tex Private Limited?
The corporate identification number (CIN) of Lan Spin Tex Private Limited is U17100TZ2015PTC021587 and the company number is 021587 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lan Spin Tex Private Limited?
The Official website of Lan Spin Tex Private Limited is https://www.bestcorp.in
What has been the recent revenue trend for Lan Spin Tex Private Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Lan Spin Tex Private Limited has risen by 51.54%.
How many employees does Lan Spin Tex Private Limited currently have?
As Per 2019 financial reports, 541 employees are currently employed by Lan Spin Tex Private Limited.
What change has been observed in the net worth of Lan Spin Tex Private Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Lan Spin Tex Private Limited has experienced an upsurge of 156.08%.
What are the total open charges for Lan Spin Tex Private Limited?
As per the financial statements for fiscal Year 2019, The total open charges for Lan Spin Tex Private Limited amount to ₹ 172.41 Cr.
When was the last Balance Sheet of Lan Spin Tex Private Limited filed with the ROC?
The most recent Balance Sheet for Lan Spin Tex Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
DR
Dhanapal RamasamyDirector
Similar Companies Based on Textile & Fabric Production
Wellknown Polyesters Limited Daman, Daman & Diu, India
Trident Limited Barnala, Punjab, India
Shahi Exports Private Limited Delhi, India
Gujarat Ambuja Exports Limited Ahmedabad, Gujarat, India
Bhilosa Industries Private Limited Dadra & Nagar Haveli, Dadra & Nagar Haveli, India
Arvind Limited Ahmedabad, Gujarat, India
K.P.R. Mill Limited Coimbatore, Tamil Nadu, India
Srf Limited Delhi, India