Lancer Laser Tech Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.99 Cr
- Company Age 25 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 60.96 Cr
- Satisfied Charges ₹ 80.16 Cr
- Revenue Growth 86.78%
- Profit Growth 832.65%
- Ebitda 139.27%
- Net Worth 21.29%
- Total Assets 42.26%
About Lancer Laser Tech
Lancer Laser Tech Limited (LLTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 August 1999 and has a history of 25 years and five months. Its registered office is in Rajpur, Gujarat, India.
The Corporate was formerly known as Lancer Laser Tech Private Limited. The Company is engaged in the Engineering 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 5.00 Cr and a paid-up capital of Rs 4.99 Cr.
The company currently has active open charges totaling ₹60.96 Cr. The company has closed loans amounting to ₹80.16 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dhiraj Patel, Narsinhbhai Patel, Harshadbhai Patel, and Two other members serve as directors at the Company.
Company Details
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Location
Rajpur, Gujarat, India
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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
U28930GJ1999PLC036446
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Company No.
036446
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 Aug 1999
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Date of AGM
12 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Lancer Laser Tech Limited offer?
Lancer Laser Tech Limited offers a wide range of products and services, including Building & Construction Machines, Bending Machine, IT Consultancy, Enclosures & Cabinets, Metal Enclosures, Cutting Tools & Milling Cutter, Cutting Tools, Medical Consultants & Clinics, Medical Consultancy Services, Welding Equipments & Machinery.
Who are the key members and board of directors at Lancer Laser Tech?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhiraj Patel
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Director | 28-Aug-1999 | Current |
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Narsinhbhai Patel
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Director | 01-Jun-2012 | Current |
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Harshadbhai Patel
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Director | 03-Feb-2012 | Current |
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Hitesh Patel
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Director | 25-Mar-2017 | Current |
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Dahyabhai Patel
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Director | 01-Apr-2009 | Current |
Financial Performance of Lancer Laser Tech.
Lancer Laser Tech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 86.78% increase. The company also saw a substantial improvement in profitability, with a 832.65% increase in profit. The company's net worth Soared by an impressive increase of 21.29%.
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What is the Ownership and Shareholding Structure of Lancer Laser Tech?
In 2023, Lancer Laser Tech had a promoter holding of 17.60% and a public holding of 82.41%. The company had 1 Subsidiary and 1 Associate company. 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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Geometry Metal Tech Private LimitedHarshadbhai Patel is a mutual person
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Urvashi Surgicare Private Limited
Hitesh Patel is a mutual person
Charges (Loans)
₹60.96 Cr
₹80.16 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 60.76 Cr
- Hdfc Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2024 | Hdfc Bank Limited | ₹2.00 M | Open |
| 25 May 2018 | Axis Bank Limited | ₹30.38 Cr | Open |
| 19 Mar 2018 | Axis Bank Limited | ₹30.38 Cr | Open |
| 25 Mar 2016 | Dena Bank | ₹1.15 Cr | Satisfied |
| 07 Feb 2012 | Dena Bank | ₹18.59 Cr | Satisfied |
How Many Employees Work at Lancer Laser Tech?
Lancer Laser Tech has a workforce of 156 employees as of Apr 05, 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 Lancer Laser Tech, 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 Lancer Laser Tech'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.
