Laundry Project India Private Limited

Provides dry cleaning services and related products since 2011, based in Chennai, Tamil Nadu.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 19, 2024

Laundry Project India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.48 M
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 6.40 Cr
  • Revenue Growth -78.57%
  • Profit Growth 30.27%
  • Ebitda 46.03%
  • Net Worth
  • Total Assets 6.75%

About Laundry Project India

Laundry Project India Private Limited (LPIPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 September 2011 and has a history of 13 years and four months. Its registered office is in Chennai, Tamil Nadu, 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 2021. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 0.48 M.

The company currently has active open charges totaling ₹6.40 Cr.

Balachandar Ramachandran and Ravi Ganesh serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U93010TN2011PTC082203

  • Company No.

    082203

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 2011

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Services

Who are the key members and board of directors at Laundry Project India?

Board Members (2)

Name Designation Appointment Date Status
Balachandar Ramachandran Country flag representing In Director 05-Sep-2011 Current
Ravi Ganesh Country flag representing In Additional Director 21-Mar-2024 Current

Financial Performance of Laundry Project India.

Laundry Project India Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 78.57% decrease. The company also saw a substantial improvement in profitability, with a 30.27% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
-78.57%
Revenue from Operations
-76.36%
Total Assets
6.75%
Profit or Loss
30.27%
Net Worth
EBITDA
46.03%

What is the Ownership and Shareholding Structure of Laundry Project India?

In 2019, Laundry Project India had a promoter holding of 84.39% and a public holding of 15.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.40 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 6.40 Cr

Latest Charge Details

Date Lender Amount Status
20 Feb 2014 Canara Bank ₹6.40 Cr Open

How Many Employees Work at Laundry Project India?

Laundry Project India has a workforce of 10 employees as of Apr 09, 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 Laundry Project India, 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 Laundry Project India'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 Laundry Project India

Recent activity within the organization

  • Director Appointment

    Ravi Shankar Ganesh was appointed as a Additional Director was appointed as a Additional Director on 21 Mar 2024 & has been associated with this company since 10 months 12 days .

    21 Mar 2024

  • Annual General Meeting

    Laundry Project India Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Laundry Project India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

    31 Mar 2021

  • Charges

    A charge with Canara Bank of Rs. 6.40 Cr registered on 20 Feb 2014 with Charge ID 10593373 was modified on 29 Mar 2016.

    29 Mar 2016

  • Charges

    A charge with Canara Bank amounted to Rs. 6.40 Cr with Charge ID 10593373 was registered on 20 Feb 2014.

    20 Feb 2014

  • Director Appointment

    Balachandar Ramachandran was appointed as a Director was appointed as a Director on 05 Sep 2011 & has been associated with this company since 13 years 4 months .

    05 Sep 2011

Recent News, Updates & Announcement

Frequently asked questions

  • Laundry Project India Private Limited was incorporated on 05 Sep 2011.

  • The authorized share capital of Laundry Project India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.48 M.

  • Currently 2 directors are associated with Laundry Project India Private Limited.

    • Balachandar Ramachandran
    • Ravi Shankar Ganesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laundry Project India Private Limited is New No: 61 Oldno : 33 M.G.Ramachandran Road Besant Nagar, India, Chennai, Tamil Nadu, 600090.

  • The corporate identification number (CIN) of Laundry Project India Private Limited is U93010TN2011PTC082203 and the company number is 082203 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Laundry Project India Private Limited has fallen by -78.57%.

  • As Per 2019 financial reports, 10 employees are currently employed by Laundry Project India Private Limited.

  • As per the financial statements for fiscal Year 2019, The total open charges for Laundry Project India Private Limited amount to ₹ 6.40 Cr.

  • The most recent Balance Sheet for Laundry Project India Private Limited was filed with the ROC on 31 Mar 2021.

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