Laurus Technocast Private Limited

ISO-certified manufacturer of precision sand castings for various industries, with a capacity of 2400 MT per annum.

2017 | Rajkot, Gujarat (India) | Active
Last Updated: July 02, 2024

Laurus Technocast Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 7 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.58 Cr
  • Revenue Growth 43.05%
  • Profit Growth 909.39%
  • Ebitda 31.57%
  • Net Worth 44.34%
  • Total Assets 32.13%

About Laurus Technocast

Laurus Technocast Private Limited (LTPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 November 2017 (Seven years and three months 6 days old ). Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Manufacturing 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 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹5.58 Cr.

Vishal Shingala and Ashwinkumar Vasani serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    laurustechnocast.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2017PTC099708

  • Company No.

    099708

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Laurus Technocast?

Board Members (2)

Name Designation Appointment Date Status
Ashwinkumar Vasani Country flag representing In Director 19-Jan-2024 Current
Vishal Shingala Country flag representing In Director 08-Nov-2017 Current

Financial Performance of Laurus Technocast.

Laurus Technocast Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.05% increase. The company also saw a substantial improvement in profitability, with a 909.39% increase in profit. The company's net worth Soared by an impressive increase of 44.34%.

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
43.05%
Revenue from Operations
43.03%
Total Assets
32.13%
Profit or Loss
909.39%
Net Worth
44.34%
EBITDA
31.57%

What is the Ownership and Shareholding Structure of Laurus Technocast?

In 2023, Laurus Technocast 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

₹5.58 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 5.58 Cr

Latest Charge Details

Date Lender Amount Status
28 Feb 2018 City Union Bank Limited ₹5.58 Cr Open

How Many Employees Work at Laurus Technocast?

Unlock and access historical data on people associated with Laurus Technocast, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Laurus Technocast, 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 Laurus Technocast'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 Laurus Technocast

Recent activity within the organization

  • Director Appointment

    Ashwinkumar Chandulal Vasani was appointed as a Director was appointed as a Director on 19 Jan 2024 & has been associated with this company since 1 year 25 days .

    19 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Laurus Technocast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with City Union Bank Limited of Rs. 5.58 Cr registered on 28 Feb 2018 with Charge ID 100163526 was modified on 21 Sep 2022.

    21 Sep 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 5.58 Cr with Charge ID 100163526 was registered on 28 Feb 2018.

    28 Feb 2018

  • Director Appointment

    Vishal Laljibhai Shingala was appointed as a Director was appointed as a Director on 08 Nov 2017 & has been associated with this company since 7 years 3 months .

    08 Nov 2017

Frequently asked questions

  • Laurus Technocast Private Limited was incorporated on 08 Nov 2017.

  • The authorized share capital of Laurus Technocast Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Laurus Technocast Private Limited.

    • Vishal Laljibhai Shingala
    • Ashwinkumar Chandulal Vasani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laurus Technocast Private Limited is Plot No. 22 & 23 Survey No. 48/1 Bhojpara Gondal, Rajkot, Gujarat, India, 360311.

  • The corporate identification number (CIN) of Laurus Technocast Private Limited is U74999GJ2017PTC099708 and the company number is 099708 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Laurus Technocast Private Limited is https://www.laurustechnocast.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Laurus Technocast Private Limited has risen by 43.05%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Laurus Technocast Private Limited has experienced an upsurge of 44.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Laurus Technocast Private Limited amount to ₹ 5.58 Cr.

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

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