Lan Spin Tex Private Limited

Manufacturer and seller of various natural and synthetic fibers, established in 2015.

2015 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Lan Spin Tex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.51 Cr
  • Company Age 9 Year, 9 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 nine months 25 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
Company report

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)

NameDesignationAppointment DateStatus
Rajkumar Ramasamy Country flag representing In Director 15-Jul-2015Current
Balasubramaniam Srinivasan Country flag representing In Director 12-Feb-2024Current

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%.

Lan Spin Tex revenue growth over time
Lan Spin Tex 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
51.54%
Revenue from Operations
51.69%
Total Assets
-10.91%
Profit or Loss
228.26%
Net Worth
156.08%
EBITDA
353.50%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
03 May 2023Citi Bank N.A.₹15.00 CrOpen
06 Apr 2023Others₹17.41 CrOpen
23 Mar 2022State Bank Of India₹60.00 CrOpen
28 Feb 2022Standard Chartered Bank₹50.00 CrOpen
31 Jul 2018Standard Chartered Bank₹30.00 CrOpen

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.

Employee growth trends for Lan Spin Tex Private Limited

Deals i

Graph showing company valuation over time

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

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 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 2 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.

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