Laser Cut (I) Technology Private Limited

Manufactures steel laser cutting parts and provides related job work for various industries.

2006 | Bhopal, Madhya Pradesh (India) | Active
Last Updated: July 25, 2024

Laser Cut (I) Technology Profile

Key Indicators

  • Authorised Capital ₹ 1.40 Cr
  • Paid Up Capital ₹ 4.00 M
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 14.70 Cr
  • Revenue Growth 54.84%
  • Profit Growth 165.99%
  • Ebitda 114.99%
  • Net Worth 47.78%
  • Total Assets 40.90%

About Laser Cut (I) Technology

Laser Cut (I) Technology Private Limited (LCITPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 November 2006 and has a history of 18 years and three months. Its registered office is in Bhopal, Madhya Pradesh, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.40 Cr and a paid-up capital of Rs 4.00 M.

The company has closed loans amounting to ₹14.70 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jayeshkumar Malani, Manishkumar Mangroliya, and Rushitkumar Mangroliya serve as directors at the Company.

Company Details

  • Location

    Bhopal, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lasercutgroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310MP2006PTC031850

  • Company No.

    031850

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Engineering

What products or services does Laser Cut (I) Technology Private Limited offer?

Laser Cut (I) Technology Private Limited offers a wide range of products and services, including Manufacturing & Assembling Services, Bending Service, Machining Job Work, Structural Fabrication, MS Structural Fabrication Services, CNC Cutting Service, CNC Laser Cutting Services.

Who are the key members and board of directors at Laser Cut (I) Technology?

Board Members (3)

Name Designation Appointment Date Status
Jayeshkumar Malani Country flag representing In Director 15-Nov-2006 Current
Manishkumar Mangroliya Country flag representing In Director 15-Mar-2018 Current
Rushitkumar Mangroliya Country flag representing In Director 30-Sep-2014 Current

Financial Performance of Laser Cut (I) Technology.

Laser Cut (I) Technology Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.84% increase. The company also saw a substantial improvement in profitability, with a 165.99% increase in profit. The company's net worth Soared by an impressive increase of 47.78%.

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
54.84%
Revenue from Operations
51.52%
Total Assets
40.90%
Profit or Loss
165.99%
Net Worth
47.78%
EBITDA
114.99%

What is the Ownership and Shareholding Structure of Laser Cut (I) Technology?

In 2023, Laser Cut (I) Technology had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹14.70 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 10.72 Cr
  • Others : 3.98 Cr

Latest Charge Details

Date Lender Amount Status
07 Oct 2017 Others ₹1.00 Cr Satisfied
27 Oct 2015 Others ₹2.98 Cr Satisfied
01 Sep 2012 Canara Bank ₹3.57 Cr Satisfied
23 Feb 2010 Canara Bank ₹4.85 Cr Satisfied
12 Jan 2010 Canara Bank ₹0.06 M Satisfied

How Many Employees Work at Laser Cut (I) Technology?

Laser Cut (I) Technology has a workforce of 71 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Laser Cut (I) Technology, 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 Laser Cut (I) Technology'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 Laser Cut (I) Technology

Recent activity within the organization

  • Annual General Meeting

    Laser Cut (I) Technology Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Laser Cut (I) Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge registered on 07 Oct 2017 via Charge ID 100134179 with Others was fully satisfied on 03 Dec 2022.

    03 Dec 2022

  • Charges

    A charge registered on 27 Oct 2015 via Charge ID 10615006 with Others was fully satisfied on 03 Dec 2022.

    03 Dec 2022

  • Director Appointment

    Manishkumar Babulal Mangroliya was appointed as a Director was appointed as a Director on 15 Mar 2018 & has been associated with this company since 6 years 11 months .

    15 Mar 2018

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100134179 was registered on 07 Oct 2017.

    07 Oct 2017

Frequently asked questions

  • Laser Cut (I) Technology Private Limited was incorporated on 15 Nov 2006.

  • The authorized share capital of Laser Cut (I) Technology Private Limited is ₹ 1.40 Cr and paid-up capital is ₹ 4.00 M.

  • Currently 3 directors are associated with Laser Cut (I) Technology Private Limited.

    • Jayeshkumar Babubhai Malani
    • Manishkumar Babulal Mangroliya
    • Rushitkumar Babubhai Mangroliya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laser Cut (I) Technology Private Limited is 115-B Sector-H Industrial Area Govindpura, Bhopal, Madhya Pradesh, India, 462023.

  • The corporate identification number (CIN) of Laser Cut (I) Technology Private Limited is U27310MP2006PTC031850 and the company number is 031850 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Laser Cut (I) Technology Private Limited is https://www.lasercutgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Laser Cut (I) Technology Private Limited has risen by 54.84%.

  • As Per 2023 financial reports, 71 employees are currently employed by Laser Cut (I) Technology Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Laser Cut (I) Technology Private Limited has experienced an upsurge of 47.78%.

  • The most recent Balance Sheet for Laser Cut (I) Technology Private Limited was filed with the ROC on 31 Mar 2023.

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