Lathanand Motors Private Limited

Company buys, sells, and deals in various vehicles for land, sea, and air transportation.

2017 | Gadag, Karnataka (India) | Active
Last Updated:

Lathanand Motors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 2 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 (Eight years and two months 13 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

  • 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

Automotive
Company report

Lathanand Motors Private Limited

Explore comprehensive data for Lathanand Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Lathanand Motors?

Board Members (2)

NameDesignationAppointment DateStatus
Anand Madalabhavi Country flag representing In Director 17-Dec-2018Current
Latha Madalabhavi Country flag representing In Director 29-Jul-2023Current

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%.

Lathanand Motors revenue growth over time
Lathanand Motors 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
55.57%
Revenue from Operations
56.04%
Total Assets
39.91%
Profit or Loss
-84.30%
Net Worth
-25.85%
EBITDA
-130.57%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.13 M

Satisfied Charges

₹9.49 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.11 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jan 2024Axis Bank Limited₹9.13 MOpen
02 Feb 2021Axis Bank Limited₹1.20 CrOpen
18 Oct 2023Axis Bank Limited₹9.49 MSatisfied

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.

Employee growth trends for Lathanand Motors Private Limited

Deals i

Graph showing company valuation over time

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

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 Lathanand Motors

Recent activity within the organization

  • Annual General Meeting

    Lathanand Motors Private Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Lathanand Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 18 Oct 2023 via Charge ID 100828068 with Axis Bank Limited was fully satisfied on 01 Feb 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 9.13 M with Charge ID 100862710 was registered on 29 Jan 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 9.49 M with Charge ID 100828068 was registered on 18 Oct 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 12.00 M registered on 02 Feb 2021 with Charge ID 100412330 was modified on 30 Aug 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Lathanand Motors Private Limited?

    Lathanand Motors Private Limited was incorporated on 14 Mar 2017.

  • What is authorized share capital and paid-up capital of Lathanand Motors Private Limited?

    The authorized share capital of Lathanand Motors Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Lathanand Motors Private Limited?

    Currently 2 directors are associated with Lathanand Motors Private Limited.

    • Anand Kumar Basavantappa Madalabhavi
    • Latha Madalabhavi

  • What is the registered address of Lathanand Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lathanand Motors Private Limited is Cts 3812/1/1 And 3812/1/2 Opposite Alur Hospital, New Bus Stand Ro Ad India, Gadag, Karnataka, 582101.

  • What is the corporate identification number (CIN) and company number of Lathanand Motors Private Limited?

    The corporate identification number (CIN) of Lathanand Motors Private Limited is U50400KA2017PTC101324 and the company number is 101324 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Lathanand Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Lathanand Motors Private Limited has risen by 55.57%.

  • How many employees does Lathanand Motors Private Limited currently have?

    As Per 2023 financial reports, 11 employees are currently employed by Lathanand Motors Private Limited.

  • What change has been observed in the net worth of Lathanand Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Lathanand Motors Private Limited has experienced an downturn of -25.85%.

  • What are the total open charges for Lathanand Motors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Lathanand Motors Private Limited amount to ₹ 2.11 Cr.

  • When was the last Balance Sheet of Lathanand Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Lathanand Motors Private Limited was filed with the ROC on 31 Mar 2024.

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