Lanco Solar Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 567.58 Cr
- Company Age 16 Year, 7 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 1,163.80 Cr
- Revenue Growth -93.09%
- Profit Growth 3.11%
- Ebitda -23.92%
- Net Worth -2.90%
- Total Assets 9.52%
About Lanco Solar
Lanco Solar Private Limited (LSPL) is Under Liquidation company established on 16 Jul 2008 with its office registered at Hyderabad, Telangana, India and has been running since 16 Year, 7 Months with a paid up capital of 567.58 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 04 May 2024.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74900TG2008PTC060157
- Company No.
060157
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jul 2008
- Date of AGM
30 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Engineering
What products or services does Lanco Solar Private Limited offer?
Lanco Solar Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Engineering Project, Turnkey Solutions, Generators, Turbines & Power Plants, Power Plants & Spare Parts, Solar & Renewable Energy Products, Windmills & Wind Turbines, Building & Real Estate Developers, Construction Service, Repair & Maintenance Services.
Who are the key members and board of directors at Lanco Solar?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharat Garg  | CFO | 09-Feb-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Madhusudan Lagadapati | Director | 17-Jul-2008 | Current |
| Gurbir Singh | Director | 31-Mar-2017 | Current |
Vijaya Yarram  | Whole-Time Director | Current |
Financial Performance of Lanco Solar.
Lanco Solar Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 93.09% decrease. The company also saw a slight improvement in profitability, with a 3.11% increase in profit. The company's net worth dipped by a decrease of 2.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lanco Solar?
In 2019, Lanco Solar had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
J C T LimitedGurbir Singh is a mutual person
- Korba Power Limited
Madhusudan Lagadapati is a mutual person
- Lanco Group Private Limited
Madhusudan Lagadapati is a mutual person
- Lanco Enterprise Private Limited
Madhusudan Lagadapati is a mutual person
- Engenrin Hydro Power Limited
Gurbir Singh is a mutual person
- Lanco Solar Services Private Limited
Vijaya Yarram is a mutual person
Charges (Loans)
Open Charges
₹1,163.80 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 1163.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2010 | Others | ₹1,163.80 Cr | Open |
How Many Employees Work at Lanco Solar?
Lanco Solar has a workforce of 6 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 Lanco Solar, 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 Solar'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 Solar
Recent activity within the organization
- Annual General Meeting
Lanco Solar Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
- Balance Sheet
Lanco Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Hyderabad.
- Director Appointment
Bharat Bhushan Garg was appointed as a Cfo was appointed as a Cfo on 09 Feb 2018 & has been associated with this company since 7 years 23 days .
- Director Appointment
Gurbir Singh was appointed as a Director was appointed as a Director on 31 Mar 2017 & has been associated with this company since 7 years 11 months .
- Charges
A charge with Others of Rs. 1,163.80 Cr registered on 31 Jul 2010 with Charge ID 10239364 was modified on 29 Mar 2016.
- Charges
A charge with Others amounted to Rs. 1,163.80 Cr with Charge ID 10239364 was registered on 31 Jul 2010.
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 Solar Private Limited?
Lanco Solar Private Limited was incorporated on 16 Jul 2008.
What is authorized share capital and paid-up capital of Lanco Solar Private Limited?
The authorized share capital of Lanco Solar Private Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 567.58 Cr.
Who are the current board members & directors of Lanco Solar Private Limited?
Currently 4 directors are associated with Lanco Solar Private Limited.
- Madhusudan Rao Lagadapati
- Gurbir Singh
- Vijaya Kumar Yarram
- Bharat Bhushan Garg
What is the registered address of Lanco Solar Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lanco Solar Private Limited is Plot No.4 Software Units Layout, Hitec City Madhapur, Hyderabad, Telangana, India, 500081.
What is the corporate identification number (CIN) and company number of Lanco Solar Private Limited?
The corporate identification number (CIN) of Lanco Solar Private Limited is U74900TG2008PTC060157 and the company number is 060157 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lanco Solar Private Limited?
The Official website of Lanco Solar Private Limited is https://www.lancogroup.com
What has been the recent revenue trend for Lanco Solar Private Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Lanco Solar Private Limited has fallen by -93.09%.
How many employees does Lanco Solar Private Limited currently have?
As Per 2019 financial reports, 6 employees are currently employed by Lanco Solar Private Limited.
What change has been observed in the net worth of Lanco Solar Private Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Lanco Solar Private Limited has experienced an downturn of -2.90%.
What are the total open charges for Lanco Solar Private Limited?
As per the financial statements for fiscal Year 2019, The total open charges for Lanco Solar Private Limited amount to ₹ 1,163.80 Cr.
When was the last Balance Sheet of Lanco Solar Private Limited filed with the ROC?
The most recent Balance Sheet for Lanco Solar Private Limited was filed with the ROC on 31 Mar 2019.
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