Lassol Private Limited

Manufacturer of sheet metal components and provider of fabrication services using laser technology.

2016 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Lassol Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.26 Cr
  • Revenue Growth -34.52%
  • Profit Growth -53.60%
  • Ebitda -39.50%
  • Net Worth 6.61%
  • Total Assets 5.09%

About Lassol

Lassol Private Limited (LPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 April 2016 (Eight years and nine months 29 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹3.26 Cr.

Mylsamy Haridass and Srinivasan Sivasubramaniam serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lassolindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28994TZ2016PTC027474

  • Company No.

    027474

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Apr 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment
Engineering

What products or services does Lassol Private Limited offer?

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

Who are the key members and board of directors at Lassol?

Board Members (2)

NameDesignationAppointment DateStatus
Mylsamy Haridass Country flag representing In Whole-Time Director 28-Apr-2016Current
Srinivasan Sivasubramaniam Country flag representing In Whole-Time Director 28-Apr-2016Current

Financial Performance of Lassol.

Lassol Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.52% decrease. The company also saw a substantial fall in profitability, with a 53.6% decrease in profit. The company's net worth moved up by a moderate rise of 6.61%.

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
-34.52%
Revenue from Operations
-34.52%
Total Assets
5.09%
Profit or Loss
-53.60%
Net Worth
6.61%
EBITDA
-39.50%

What is the Ownership and Shareholding Structure of Lassol?

In 2023, Lassol 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

₹3.26 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.26 Cr

Latest Charge Details

DateLenderAmountStatus
18 Aug 2016Canara Bank₹3.26 CrOpen

How Many Employees Work at Lassol?

Unlock and access historical data on people associated with Lassol, 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 Lassol, 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 Lassol'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 Lassol

Recent activity within the organization

  • Annual General Meeting

    Lassol Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Lassol Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 3.26 Cr registered on 18 Aug 2016 with Charge ID 100054116 was modified on 21 Sep 2020.

    21 Sep 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 3.26 Cr with Charge ID 100054116 was registered on 18 Aug 2016.

    18 Aug 2016

  • Director Appointment

    Mylsamy Haridass was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 Apr 2016 & has been associated with this company since 8 years 9 months .

    28 Apr 2016

  • Director Appointment

    Srinivasan Sivasubramaniam was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 Apr 2016 & has been associated with this company since 8 years 9 months .

    28 Apr 2016

Frequently asked questions

  • Lassol Private Limited was incorporated on 28 Apr 2016.

  • The authorized share capital of Lassol Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Lassol Private Limited.

    • Mylsamy Haridass
    • Srinivasan Sivasubramaniam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lassol Private Limited is 4/95C, Veetha Gounder Thottam Kalapatti India, Coimbatore, Tamil Nadu, 641048.

  • The corporate identification number (CIN) of Lassol Private Limited is U28994TZ2016PTC027474 and the company number is 027474 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lassol Private Limited is https://www.lassolindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lassol Private Limited has fallen by -34.52%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lassol Private Limited has experienced an upsurge of 6.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lassol Private Limited amount to ₹ 3.26 Cr.

  • The most recent Balance Sheet for Lassol Private Limited was filed with the ROC on 31 Mar 2023.