Laundrettes Group Private Limited

Offers laundry services for various customers, garments, and fabrics in India and abroad.

2016 | New Delhi, Delhi (India) | Active
Last Updated: August 10, 2024

Laundrettes Group Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.14 Cr
  • Revenue Growth 39.94%
  • Profit Growth 101.07%
  • Ebitda 32.24%
  • Net Worth 35.08%
  • Total Assets 21.63%

About Laundrettes Group

Laundrettes Group Private Limited (LGPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 May 2016 (Eight years and nine months 4 days old ). Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Business Services 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.14 Cr.

Atul Chug, Avni Chug, and Shreyas Chug serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    laundrettesgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2016PTC299610

  • Company No.

    299610

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Business Services

Who are the key members and board of directors at Laundrettes Group?

Executive Team (1)

Name Designation Appointment Date Status
Atul Chug Country flag representing In Managing Director 13-May-2016 Current

Board Members (2)

Name Designation Appointment Date Status
Avni Chug Country flag representing In Director 13-May-2016 Current
Shreyas Chug Country flag representing In Director 23-May-2016 Current

Financial Performance of Laundrettes Group.

Laundrettes Group Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.94% increase. The company also saw a substantial improvement in profitability, with a 101.07% increase in profit. The company's net worth Soared by an impressive increase of 35.08%.

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
39.94%
Revenue from Operations
41.34%
Total Assets
21.63%
Profit or Loss
101.07%
Net Worth
35.08%
EBITDA
32.24%

What is the Ownership and Shareholding Structure of Laundrettes Group?

In 2023, Laundrettes Group 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

₹41.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 3.54 Cr
  • Axis Bank Limited : 0.60 Cr

Latest Charge Details

Date Lender Amount Status
10 Aug 2023 Axis Bank Limited ₹6.00 M Open
17 Nov 2022 Tata Capital Financial Services Limited ₹6.50 M Open
25 Mar 2022 Tata Capital Financial Services Limited ₹4.90 M Open
28 Dec 2020 Tata Capital Financial Services Limited ₹2.40 Cr Open

How Many Employees Work at Laundrettes Group?

Laundrettes Group has a workforce of 39 employees as of Aug 10, 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 Laundrettes Group, 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 Laundrettes Group'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 Laundrettes Group

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 6.00 M with Charge ID 100810038 was registered on 10 Aug 2023.

    10 Aug 2023

  • Balance Sheet

    Laundrettes Group Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 6.50 M with Charge ID 100629933 was registered on 17 Nov 2022.

    17 Nov 2022

  • Charges

    A charge with Tata Capital Financial Services Limited of Rs. 4.90 M registered on 25 Mar 2022 with Charge ID 100553759 was modified on 09 Jun 2022.

    09 Jun 2022

  • Charges

    A charge with Tata Capital Financial Services Limited of Rs. 24.00 M registered on 28 Dec 2020 with Charge ID 100400446 was modified on 09 Jun 2022.

    09 Jun 2022

Frequently asked questions

  • Laundrettes Group Private Limited was incorporated on 13 May 2016.

  • The authorized share capital of Laundrettes Group Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Laundrettes Group Private Limited.

    • Atul Kumar Chug
    • Avni Chug
    • Shreyas Chug
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laundrettes Group Private Limited is A 2/39Safderjung Enclave, New Delhi, India, 110029.

  • The corporate identification number (CIN) of Laundrettes Group Private Limited is U74999DL2016PTC299610 and the company number is 299610 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Laundrettes Group Private Limited is https://www.laundrettesgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Laundrettes Group Private Limited has risen by 39.94%.

  • As Per 2023 financial reports, 39 employees are currently employed by Laundrettes Group Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Laundrettes Group Private Limited has experienced an upsurge of 35.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Laundrettes Group Private Limited amount to ₹ 4.14 Cr.

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