Lance Energy Solutions Private Limited

This company trades and manufactures LED lights and provides electrical engineering services for various clients.

2011 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 23, 2024

Lance Energy Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.54 Cr
  • Revenue Growth 11.46%
  • Profit Growth -9.02%
  • Ebitda -5.47%
  • Net Worth 20.79%
  • Total Assets -0.99%

About Lance Energy Solutions

Lance Energy Solutions Private Limited (LESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 June 2011 and has a history of 13 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹1.54 Cr.

Dhaval Shah and Rajeshree Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909GJ2011PTC065805

  • Company No.

    065805

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Lance Energy Solutions?

Board Members (2)

Name Designation Appointment Date Status
Dhaval Shah Country flag representing In Director 09-Jun-2011 Current
Rajeshree Shah Country flag representing In Director 22-Jun-2023 Current

Financial Performance of Lance Energy Solutions.

Lance Energy Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.46% increase. The company also saw a slight decrease in profitability, with a 9.02% decrease in profit. The company's net worth Soared by an impressive increase of 20.79%.

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
11.46%
Revenue from Operations
11.29%
Total Assets
-0.99%
Profit or Loss
-9.02%
Net Worth
20.79%
EBITDA
-5.47%

What is the Ownership and Shareholding Structure of Lance Energy Solutions?

In 2023, Lance Energy Solutions had a promoter holding of 92.31% and a public holding of 7.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.54 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • United Bank Of India : 1.20 Cr
  • Others : 0.34 Cr

Latest Charge Details

Date Lender Amount Status
27 Oct 2021 Others ₹1.50 M Open
29 Aug 2020 Others ₹1.94 M Open
29 Jun 2012 United Bank Of India ₹1.20 Cr Open

How Many Employees Work at Lance Energy Solutions?

Lance Energy Solutions has a workforce of 12 employees as of Mar 27, 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 Lance Energy Solutions, 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 Lance Energy Solutions'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 Lance Energy Solutions

Recent activity within the organization

  • Annual General Meeting

    Lance Energy Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Rajeshree Jayeshkumar Shah was appointed as a Director was appointed as a Director on 22 Jun 2023 & has been associated with this company since 1 year 7 months .

    22 Jun 2023

  • Balance Sheet

    Lance Energy Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100501613 was registered on 27 Oct 2021.

    27 Oct 2021

  • Charges

    A charge with United Bank Of India of Rs. 1.20 Cr registered on 29 Jun 2012 with Charge ID 10366836 was modified on 10 Sep 2020.

    10 Sep 2020

  • Charges

    A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100376644 was registered on 29 Aug 2020.

    29 Aug 2020

Frequently asked questions

  • Lance Energy Solutions Private Limited was incorporated on 09 Jun 2011.

  • The authorized share capital of Lance Energy Solutions Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Lance Energy Solutions Private Limited.

    • Dhaval Jayeshkumar Shah
    • Rajeshree Jayeshkumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lance Energy Solutions Private Limited is Plot No. 2 Ratnam -2 Industrial Park Ode Village Ode-Pirana Road Pirana, India, Daskroi, Gujarat, 382427.

  • The corporate identification number (CIN) of Lance Energy Solutions Private Limited is U31909GJ2011PTC065805 and the company number is 065805 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lance Energy Solutions Private Limited is https://www.lance.lighting

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lance Energy Solutions Private Limited has risen by 11.46%.

  • As Per 2023 financial reports, 12 employees are currently employed by Lance Energy Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lance Energy Solutions Private Limited has experienced an upsurge of 20.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lance Energy Solutions Private Limited amount to ₹ 1.54 Cr.

  • The most recent Balance Sheet for Lance Energy Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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