Lathangi Automobiles Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 22 Year, 3 Months
- Last Filing with ROC 31 Mar 2016
- Open Charges ₹ 17.00 Cr
- Satisfied Charges ₹ 1.70 Cr
- Revenue Growth -34.33%
- Profit Growth 21.12%
- Ebitda 213.73%
- Net Worth -74.23%
- Total Assets -6.70%
About Lathangi Automobiles
Lathangi Automobiles Private Limited (LAPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 November 2002 and has a history of 22 years and three months. Its registered office is in Bangaluru, 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 2016. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹17.00 Cr. The company has closed loans amounting to ₹1.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Meda Ramavathi, Meda Vikram, and Vasanadu Sathish serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50403KA2002PTC031280
- Company No.
031280
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Nov 2002
- Date of AGM
30 Sep 2016
- Date of Balance Sheet
31 Mar 2016
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
What products or services does Lathangi Automobiles Private Limited offer?
Lathangi Automobiles Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Trucks.
Lathangi Automobiles Private Limited
Explore comprehensive data for Lathangi Automobiles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Lathangi Automobiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Meda Vikram  | Managing Director | 27-Nov-2002 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vasanadu Sathish | Director | 29-Nov-2002 | Current |
| Meda Ramavathi | Director | 27-Nov-2002 | Current |
Financial Performance of Lathangi Automobiles.
Lathangi Automobiles Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 34.33% decrease. The company also saw a substantial improvement in profitability, with a 21.12% increase in profit. The company's net worth observed a substantial decline by a decrease of 74.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lathangi Automobiles?
In 2016, Lathangi Automobiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Lathangi Motors Private Limited
Meda Ramavathi and Meda Vikram are mutual person
- Yashaswini Motors Private Limited
Meda Ramavathi and Meda Vikram are mutual person
- Lathangi Cycle And Carriage Private Limited
Meda Ramavathi and Meda Vikram are mutual person
- Mysore Vegetable Oil Products Limited
Meda Vikram is a mutual person
- Mysore Fertiliser Company Private Limited
Vasanadu Sathish is a mutual person
Charges (Loans)
Open Charges
₹17.00 Cr
Satisfied Charges
₹1.70 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 9.00 Cr
- Icici Bank Limited : 8.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 2014 | Icici Bank Limited | ₹8.00 Cr | Open |
| 15 Jan 2006 | State Bank Of India | ₹9.00 Cr | Open |
| 21 Aug 2003 | Uco Bank | ₹1.70 Cr | Satisfied |
How Many Employees Work at Lathangi Automobiles?
Lathangi Automobiles has a workforce of 136 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lathangi Automobiles, 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 Lathangi Automobiles'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.
Latest Updates, News, and FAQs on Lathangi Automobiles
Recent activity within the organization
- Annual General Meeting
Lathangi Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
- Charges
A charge with State Bank Of India of Rs. 9.00 Cr registered on 15 Jan 2006 with Charge ID 80042189 was modified on 21 Apr 2016.
- Balance Sheet
Lathangi Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Bangalore.
- Charges
A charge with Icici Bank Limited amounted to Rs. 8.00 Cr with Charge ID 10503086 was registered on 10 Jun 2014.
- Charges
A charge registered on 21 Aug 2003 via Charge ID 90192734 with Uco Bank was fully satisfied on 19 Sep 2013.
- Charges
A charge with State Bank Of India amounted to Rs. 9.00 Cr with Charge ID 80042189 was registered on 15 Jan 2006.
Frequently asked questions
What is the Incorporation or founding date of Lathangi Automobiles Private Limited?
Lathangi Automobiles Private Limited was incorporated on 27 Nov 2002.
What is authorized share capital and paid-up capital of Lathangi Automobiles Private Limited?
The authorized share capital of Lathangi Automobiles Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Lathangi Automobiles Private Limited?
Currently 3 directors are associated with Lathangi Automobiles Private Limited.
- Meda Vikram Ramavathi
- Meda Panduranga Setty Vikram
- Vasanadu Sathish
What is the registered address of Lathangi Automobiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lathangi Automobiles Private Limited is 688 100 Ft Ring Road 15Th Cross Jp Nagar 2Nd Phase, India, Bangalore, Karnataka, 560078.
What is the corporate identification number (CIN) and company number of Lathangi Automobiles Private Limited?
The corporate identification number (CIN) of Lathangi Automobiles Private Limited is U50403KA2002PTC031280 and the company number is 031280 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lathangi Automobiles Private Limited?
The Official website of Lathangi Automobiles Private Limited is https://www.lathangi.com
What has been the recent revenue trend for Lathangi Automobiles Private Limited?
According to the financial reports for the fiscal year 2016, the revenue trend for Lathangi Automobiles Private Limited has fallen by -34.33%.
How many employees does Lathangi Automobiles Private Limited currently have?
As Per 2016 financial reports, 136 employees are currently employed by Lathangi Automobiles Private Limited.
What change has been observed in the net worth of Lathangi Automobiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Lathangi Automobiles Private Limited has experienced an downturn of -74.23%.
What are the total open charges for Lathangi Automobiles Private Limited?
As per the financial statements for fiscal Year 2016, The total open charges for Lathangi Automobiles Private Limited amount to ₹ 17.00 Cr.
When was the last Balance Sheet of Lathangi Automobiles Private Limited filed with the ROC?
The most recent Balance Sheet for Lathangi Automobiles Private Limited was filed with the ROC on 31 Mar 2016.
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