Lares Agri Biotech Private Limited

Trading and distribution of various seeds and agricultural products in India and abroad.

2011 | Hyderabad, Telangana (India) | Active
Last Updated: December 27, 2024

Lares Agri Biotech Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.34 Cr
  • Satisfied Charges ₹ 6.60 Cr
  • Revenue Growth 12.30%
  • Profit Growth 13.29%
  • Ebitda 5.48%
  • Net Worth 13.40%
  • Total Assets 8.90%

About Lares Agri Biotech

Lares Agri Biotech Private Limited (LABPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 March 2011 and has a history of 13 years and ten months. Its registered office is in Hyderabad, Telangana, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹5.34 Cr. The company has closed loans amounting to ₹6.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vasundhara Namburu and Muvva Rao serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01403TG2011PTC073338

  • Company No.

    073338

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Agriculture

Who are the key members and board of directors at Lares Agri Biotech?

Board Members (2)

Name Designation Appointment Date Status
Vasundhara Namburu Country flag representing In Director 18-Mar-2011 Current
Muvva Rao Country flag representing In Director 18-Mar-2011 Current

Financial Performance of Lares Agri Biotech.

Lares Agri Biotech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.3% increase. The company also saw a substantial improvement in profitability, with a 13.29% increase in profit. The company's net worth Soared by an impressive increase of 13.4%.

Graph illustrating revenue growth over time
Graph showing 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
12.30%
Revenue from Operations
12.30%
Total Assets
8.90%
Profit or Loss
13.29%
Net Worth
13.40%
EBITDA
5.48%

What is the Ownership and Shareholding Structure of Lares Agri Biotech?

Unlock access to Lares Agri Biotech's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.34 Cr

Satisfied Charges

₹6.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr
  • Axis Bank Limited : 0.34 Cr

Latest Charge Details

Date Lender Amount Status
10 Oct 2024 Others ₹5.00 Cr Open
11 Jun 2020 Axis Bank Limited ₹3.40 M Open
12 Jul 2021 Axis Bank Limited ₹3.50 Cr Satisfied
21 May 2020 Uco Bank ₹2.30 Cr Satisfied
31 May 2017 Others ₹8.00 M Satisfied

How Many Employees Work at Lares Agri Biotech?

Unlock and access historical data on people associated with Lares Agri Biotech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lares Agri Biotech, 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 Lares Agri Biotech'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 Lares Agri Biotech

Recent activity within the organization

  • Charges

    A charge registered on 12 Jul 2021 via Charge ID 100460953 with Axis Bank Limited was fully satisfied on 08 Nov 2024.

    08 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101012530 was registered on 10 Oct 2024.

    10 Oct 2024

  • Annual General Meeting

    Lares Agri Biotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Lares Agri Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 3.50 Cr registered on 12 Jul 2021 with Charge ID 100460953 was modified on 13 Sep 2022.

    13 Sep 2022

  • Charges

    A charge registered on 21 May 2020 via Charge ID 100338043 with Uco Bank was fully satisfied on 15 Jul 2021.

    15 Jul 2021

Frequently asked questions

  • Lares Agri Biotech Private Limited was incorporated on 18 Mar 2011.

  • The authorized share capital of Lares Agri Biotech Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 2 directors are associated with Lares Agri Biotech Private Limited.

    • Vasundhara Mani Namburu
    • Muvva Kondala Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lares Agri Biotech Private Limited is Plot No.106/2A/2Rt H.No.7-1-621/48 Flat No.101 Auchyut Mazon, India, Sr Nagar, Telangana, 500038.

  • The corporate identification number (CIN) of Lares Agri Biotech Private Limited is U01403TG2011PTC073338 and the company number is 073338 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lares Agri Biotech Private Limited has risen by 12.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lares Agri Biotech Private Limited has experienced an upsurge of 13.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lares Agri Biotech Private Limited amount to ₹ 5.34 Cr.

  • The most recent Balance Sheet for Lares Agri Biotech Private Limited was filed with the ROC on 31 Mar 2024.

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