Lancer Laser Tech Limited

Custom sheet metal fabrication for agricultural and railway purposes, managed by Patel family.

1999 | Gandhi Nagar, Gujarat (India) | Active
Last Updated:

Lancer Laser Tech Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.99 Cr
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 89.74 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 eight months. Its registered office is in Gandhi Nagar, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.99 Cr.

The company currently has active open charges totaling ₹89.74 Cr. The company has closed loans amounting to ₹80.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narsinhbhai Patel, Harshadbhai Patel, Dahyabhai Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28930GJ1999PLC036446

  • Company No.

    036446

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 1999

  • Date of AGM

    09 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

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.

Company report

Lancer Laser Tech Limited

Explore comprehensive data for Lancer Laser Tech Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Lancer Laser Tech?

Board Members (5)

NameDesignationAppointment DateStatus
Narsinhbhai Patel Country flag representing In Director 01-Jun-2012Current
Harshadbhai Patel Country flag representing In Director 03-Feb-2012Current
Dahyabhai Patel Country flag representing In Director 01-Apr-2009Current
Hitesh Patel Country flag representing In Director 25-Mar-2017Current
Dhiraj Patel Country flag representing In Director 28-Aug-1999Current

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%.

Lancer Laser Tech revenue growth over time
Lancer Laser Tech 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
86.78%
Revenue from Operations
86.78%
Total Assets
42.26%
Profit or Loss
832.65%
Net Worth
21.29%
EBITDA
139.27%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹89.74 Cr

Satisfied Charges

₹80.16 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 89.54 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2024Hdfc Bank Limited₹2.00 MOpen
25 May 2018Axis Bank Limited₹44.77 CrOpen
19 Mar 2018Axis Bank Limited₹44.77 CrOpen
25 Mar 2016Dena Bank₹1.15 CrSatisfied
07 Feb 2012Dena Bank₹18.59 CrSatisfied

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.

Employee growth trends for Lancer Laser Tech Limited

Deals i

Graph showing company valuation over time

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

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 Lancer Laser Tech

Recent activity within the organization

  • Annual General Meeting

    Lancer Laser Tech Limited last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited of Rs. 44.77 Cr registered on 25 May 2018 with Charge ID 100184409 was modified on 21 Jun 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 44.77 Cr registered on 19 Mar 2018 with Charge ID 100168840 was modified on 21 Jun 2024.

  • Balance Sheet

    Lancer Laser Tech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100898048 was registered on 27 Mar 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 44.77 Cr with Charge ID 100184409 was registered on 25 May 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Lancer Laser Tech Limited?

    Lancer Laser Tech Limited was incorporated on 20 Aug 1999.

  • What is authorized share capital and paid-up capital of Lancer Laser Tech Limited?

    The authorized share capital of Lancer Laser Tech Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.99 Cr.

  • Who are the current board members & directors of Lancer Laser Tech Limited?

    Currently 5 directors are associated with Lancer Laser Tech Limited.

    • Narsinhbhai Patel
    • Harshadbhai Narsihbhai Patel
    • Dahyabhai Bechardas Patel
    • Hitesh Dahyabhai Patel
    • Dhiraj Patel

  • What is the registered address of Lancer Laser Tech Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lancer Laser Tech Limited is Survey No:1434P/2 Chhatral-Mehsana Nationalhighway Opp. Sandek Laminations Vill:, T Al - Kadi India, Rajpur, Gujarat, 382740.

  • What is the corporate identification number (CIN) and company number of Lancer Laser Tech Limited?

    The corporate identification number (CIN) of Lancer Laser Tech Limited is U28930GJ1999PLC036446 and the company number is 036446 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Lancer Laser Tech Limited?

    The Official website of Lancer Laser Tech Limited is https://www.lancerlaser.com

  • What has been the recent revenue trend for Lancer Laser Tech Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Lancer Laser Tech Limited has risen by 86.78%.

  • How many employees does Lancer Laser Tech Limited currently have?

    As Per 2023 financial reports, 156 employees are currently employed by Lancer Laser Tech Limited.

  • What change has been observed in the net worth of Lancer Laser Tech Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Lancer Laser Tech Limited has experienced an upsurge of 21.29%.

  • What are the total open charges for Lancer Laser Tech Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Lancer Laser Tech Limited amount to ₹ 89.74 Cr.

  • When was the last Balance Sheet of Lancer Laser Tech Limited filed with the ROC?

    The most recent Balance Sheet for Lancer Laser Tech Limited was filed with the ROC on 31 Mar 2024.

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