Lancer Spices Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 9 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.35 Cr
- Satisfied Charges ₹ 9.00 Cr
- Revenue Growth 6.30%
- Profit Growth 24.90%
- Ebitda -12.10%
- Net Worth 17.39%
- Total Assets -10.24%
About Lancer Spices
Lancer Spices Private Limited (LSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 March 2015 (Nine years and ten months 16 days old ). Its registered office is in Vadodara, Gujarat, India.
The Company is engaged in the Agriculture 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 1.20 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹16.35 Cr. The company has closed loans amounting to ₹9.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahesh Chellani and Vijaykumar Mahesh serve as directors at the Company.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15500GJ2015PTC082587
- Company No.
082587
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Mar 2015
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Lancer Spices Private Limited offer?
Lancer Spices Private Limited offers a wide range of products and services, including Seeds and Plant Saplings, Oil Seeds, Dry Fruits & Nuts, Peanut, Sesame, Groundnut Kernels, Seed Spices, Cumin Seeds, Dhaniya, Coriander Seed.
Who are the key members and board of directors at Lancer Spices?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Chellani  | Director | 11-Dec-2015 | Current |
| Vijaykumar Mahesh | Director | 16-Mar-2015 | Current |
Financial Performance of Lancer Spices.
Lancer Spices Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.3% increase. The company also saw a substantial improvement in profitability, with a 24.9% increase in profit. The company's net worth Soared by an impressive increase of 17.39%.
- 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 Lancer Spices?
In 2023, Lancer Spices had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹16.35 Cr
₹9.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 13.10 Cr
- Others : 3.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2021 | Others | ₹3.25 Cr | Open |
| 28 Feb 2019 | Hdfc Bank Limited | ₹12.53 Cr | Open |
| 30 Jun 2017 | Hdfc Bank Limited | ₹5.70 M | Open |
| 17 Mar 2016 | Axis Bank Limited | ₹9.00 Cr | Satisfied |
How Many Employees Work at Lancer Spices?
Unlock and access historical data on people associated with Lancer Spices, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lancer Spices, 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 Spices'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.
