Lanco Group Profile
Key Indicators
- Authorised Capital ₹ 1,200.00 Cr
- Paid Up Capital ₹ 834.27 Cr
- Company Age 22 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8,699.00 Cr
- Satisfied Charges ₹ 1.00 M
- Revenue Growth %
- Profit Growth 94.80%
- Ebitda 95.17%
- Net Worth -4.62%
- Total Assets -0.04%
About Lanco Group
Lanco Group Private Limited (LGPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 December 2002 and has a history of 22 years and two months. Its registered office is in Gurugram, Haryana, India.
The Corporate was formerly known as Lanco Group Limited. The Company is engaged in the Energy And Power 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 1,200.00 Cr and a paid-up capital of Rs 834.27 Cr.
The company currently has active open charges totaling ₹8,699.00 Cr. The company has closed loans amounting to ₹1.00 M, as per Ministry of Corporate Affairs (MCA) records.
Madhusudan Lagadapati, Bhaskara Garlapati, and Raghu Velagapudi serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74140HR2002PTC041507
- Company No.
041507
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Dec 2002
- Date of AGM
21 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Energy and Power
Who are the key members and board of directors at Lanco Group?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhusudan Lagadapati  | Director | 01-Jun-2013 | Current |
| Bhaskara Garlapati | Director | 27-Dec-2002 | Current |
| Raghu Velagapudi | Director | 05-Jun-2020 | Current |
Financial Performance of Lanco Group.
Lanco Group Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 94.8% increase in profit. The company's net worth dipped by a decrease of 4.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lanco Group?
In 2021, Lanco Group had a promoter holding of 48.05% and a public holding of 51.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Korba Power Limited
Madhusudan Lagadapati is a mutual person
- Lanco Enterprise Private Limited
Madhusudan Lagadapati, Bhaskara Garlapati and 1 more are mutual person
- Lanco Bay Technology Park Private Limited
Bhaskara Garlapati is a mutual person
- Lanco Family Enterprise Private Limited
Bhaskara Garlapati is a mutual person
- Lanco Net Limited
Raghu Velagapudi is a mutual person
- Lanco Kanpur Power Limited
Raghu Velagapudi is a mutual person
Charges (Loans)
Open Charges
₹8,699.00 Cr
Satisfied Charges
₹0.10 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 8699.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2015 | Idbi Trusteeship Services Limited | ₹8,699.00 Cr | Open |
| 17 Jul 2006 | The Lakshmi Vilas Bank Limited | ₹1.00 M | Satisfied |
How Many Employees Work at Lanco Group?
Unlock and access historical data on people associated with Lanco Group, 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 Lanco Group, 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 Lanco Group'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.
Latest Updates, News, and FAQs on Lanco Group
Recent activity within the organization
- Annual General Meeting
Lanco Group Private Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.
- Balance Sheet
Lanco Group Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Raghu Ram Velagapudi was appointed as a Director was appointed as a Director on 05 Jun 2020 & has been associated with this company since 4 years 8 months .
- Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 8,699.00 Cr with Charge ID 10604962 was registered on 24 Jul 2015.
- Director Appointment
Madhusudan Rao Lagadapati was appointed as a Director was appointed as a Director on 01 Jun 2013 & has been associated with this company since 11 years 9 months .
- Charges
A charge registered on 17 Jul 2006 via Charge ID 10015014 with The Lakshmi Vilas Bank Limited was fully satisfied on 08 Jan 2011.
Recent News, Updates & Announcement
- Jindal Power may join race to buy Lanco Amarkantak.
JPL has filed a petition with the Amaravati bench of the National Company Law Tribunal for approval to join the auction process of Lanco Amarkantak Power, said people with knowledge of the matter..
- NHPC inks pact to acquire 500 MW Teesta VI hydro project.
It would supply power at a levelised tariff of Rs 4.07 per unit and would be completed in next five years, NHPC Chairman and MD Balraj Joshi said at a press conference here.
- NCLT okays start of Lanco Amarkantak bankruptcy process.
Power co pleaded that proceedings were under RBI norms invalidated by Supreme Court..
- Lanco Thermal Power receive a claim of Rs 24,000 crore.
Among the 15-20 lenders to the company are Andhra Bank, ICICI Bank, Axis Bank, Canara Bank, and IDBI Bank, sources said..
- NCLT approves NHPC's Rs 907 crore bid for 500 MW.
'Resolution Plan submitted by the NHPC Ltd for Lanco Teesta Hydro Power Ltd has been approved by NCLT Bench, Hyderabad,' NHPC said in a BSE filing.
Frequently asked questions
What is the Incorporation or founding date of Lanco Group Private Limited?
Lanco Group Private Limited was incorporated on 27 Dec 2002.
What is authorized share capital and paid-up capital of Lanco Group Private Limited?
The authorized share capital of Lanco Group Private Limited is ₹ 1,200.00 Cr and paid-up capital is ₹ 834.27 Cr.
Who are the current board members & directors of Lanco Group Private Limited?
Currently 3 directors are associated with Lanco Group Private Limited.
- Madhusudan Rao Lagadapati
- Bhaskara Rao Garlapati
- Raghu Ram Velagapudi
What is the registered address of Lanco Group Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lanco Group Private Limited is Plot No 309-10, Udyog Vihar Phase-Iv India, Palam Road, Haryana, 122015.
What is the corporate identification number (CIN) and company number of Lanco Group Private Limited?
The corporate identification number (CIN) of Lanco Group Private Limited is U74140HR2002PTC041507 and the company number is 041507 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lanco Group Private Limited?
The Official website of Lanco Group Private Limited is https://www.lancogroup.com
What change has been observed in the net worth of Lanco Group Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Lanco Group Private Limited has experienced an downturn of -4.62%.
What are the total open charges for Lanco Group Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Lanco Group Private Limited amount to ₹ 8,699.00 Cr.
When was the last Balance Sheet of Lanco Group Private Limited filed with the ROC?
The most recent Balance Sheet for Lanco Group Private Limited was filed with the ROC on 31 Mar 2024.
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