Lathanand Motors Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 7 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.11 Cr
- Satisfied Charges ₹ 9.49 M
- Revenue Growth 55.57%
- Profit Growth -84.30%
- Ebitda -130.57%
- Net Worth -25.85%
- Total Assets 39.91%
About Lathanand Motors
Lathanand Motors Private Limited (LMPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 March 2017 (Seven years and 11 months 9 days old ). Its registered office is in Gadag, Karnataka, India.
The Company is engaged in the Automotive 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 1.00 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹2.11 Cr. The company has closed loans amounting to ₹9.49 M, as per Ministry of Corporate Affairs (MCA) records.
Anand Madalabhavi and Latha Madalabhavi serve as directors at the Company.
Company Details
- Location
Gadag, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50400KA2017PTC101324
- Company No.
101324
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Mar 2017
- Date of AGM
06 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Lathanand Motors?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anand Madalabhavi  | Director | 17-Dec-2018 | Current |
| Latha Madalabhavi | Director | 29-Jul-2023 | Current |
Financial Performance of Lathanand Motors.
Lathanand Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.57% increase. The company also saw a substantial fall in profitability, with a 84.3% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lathanand Motors?
Unlock access to Lathanand Motors'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.
Charges (Loans)
₹21.13 M
₹9.49 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 2.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2024 | Axis Bank Limited | ₹9.13 M | Open |
| 02 Feb 2021 | Axis Bank Limited | ₹1.20 Cr | Open |
| 18 Oct 2023 | Axis Bank Limited | ₹9.49 M | Satisfied |
How Many Employees Work at Lathanand Motors?
Lathanand Motors has a workforce of 11 employees as of Apr 08, 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 Lathanand Motors, 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 Lathanand Motors'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.
