Laurus Tradecon Profile
Key Indicators
- Authorised Capital ₹ 10.01 Cr
- Paid Up Capital ₹ 5.40 M
- Company Age 17 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 5.92 Cr
- Revenue Growth -54.61%
- Profit Growth -44.76%
- Ebitda -66.21%
- Net Worth 39.66%
- Total Assets -63.39%
About Laurus Tradecon
Laurus Tradecon Private Limited (LTPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 October 2007 and has a history of 17 years and six months. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Palatial Trading Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 10.01 Cr and a paid-up capital of Rs 5.40 M.
The company has closed loans amounting to ₹5.92 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Vijaykumar Ravetkar and Shivaji Patil serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909PN2007PTC130869
- Company No.
130869
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Oct 2007
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Consumer Electronics & Durables
Laurus Tradecon Private Limited
Explore comprehensive data for Laurus Tradecon Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Laurus Tradecon?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijaykumar Ravetkar  | Director | 08-Jun-2020 | Current |
| Shivaji Patil | Director | 01-Jul-2024 | Current |
Financial Performance of Laurus Tradecon.
Laurus Tradecon Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 54.61% decrease. The company also saw a substantial fall in profitability, with a 44.76% decrease in profit. The company's net worth Soared by an impressive increase of 39.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Laurus Tradecon?
In 2019, Laurus Tradecon had a promoter holding of 52.01% and a public holding of 47.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Asscher Enterprises LimitedVijaykumar Ravetkar is a mutual person
Coupa Software India Private LimitedVijaykumar Ravetkar is a mutual person
- Opex Analytics Private Limited
Vijaykumar Ravetkar is a mutual person
- Elara Trading And Services Limited
Shivaji Patil is a mutual person
- Tulip Steel Tradex Private Limited
Shivaji Patil is a mutual person
- Nish Sales & Services Private Limited
Shivaji Patil is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹5.92 Cr
Charges Breakdown by Lending Institutions
- Corporation Bank : 5.92 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2012 | Corporation Bank | ₹5.92 Cr | Satisfied |
How Many Employees Work at Laurus Tradecon?
Unlock and access historical data on people associated with Laurus Tradecon, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Laurus Tradecon, 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 Tradecon'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 Laurus Tradecon
Recent activity within the organization
- Annual General Meeting
Laurus Tradecon Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Director Appointment
Shivaji Shankar Patil was appointed as a Director was appointed as a Director on 01 Jul 2024 & has been associated with this company since 9 months 26 days .
- Balance Sheet
Laurus Tradecon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Director Appointment
Vijaykumar Gangadhar Ravetkar was appointed as a Director was appointed as a Director on 08 Jun 2020 & has been associated with this company since 4 years 10 months .
- Charges
A charge registered on 11 Sep 2012 via Charge ID 10379036 with Corporation Bank was fully satisfied on 05 Jun 2020.
- Charges
A charge with Corporation Bank of Rs. 5.92 Cr registered on 11 Sep 2012 with Charge ID 10379036 was modified on 20 Dec 2013.
Frequently asked questions
What is the Incorporation or founding date of Laurus Tradecon Private Limited?
Laurus Tradecon Private Limited was incorporated on 19 Oct 2007.
What is authorized share capital and paid-up capital of Laurus Tradecon Private Limited?
The authorized share capital of Laurus Tradecon Private Limited is ₹ 10.01 Cr and paid-up capital is ₹ 5.40 M.
Who are the current board members & directors of Laurus Tradecon Private Limited?
Currently 2 directors are associated with Laurus Tradecon Private Limited.
- Vijaykumar Gangadhar Ravetkar
- Shivaji Shankar Patil
What is the registered address of Laurus Tradecon Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Laurus Tradecon Private Limited is 503 5Th Floor Lunkad Sky Station Co-Operatives Premises Society Limited, V Iman Nagar India, Pune, Maharashtra, 411014.
What is the corporate identification number (CIN) and company number of Laurus Tradecon Private Limited?
The corporate identification number (CIN) of Laurus Tradecon Private Limited is U51909PN2007PTC130869 and the company number is 130869 as per Ministry of Corporate Affairs (MCA).
What is the official website of Laurus Tradecon Private Limited?
The Official website of Laurus Tradecon Private Limited is https://www.lightotech.com
What has been the recent revenue trend for Laurus Tradecon Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Laurus Tradecon Private Limited has fallen by -54.61%.
What change has been observed in the net worth of Laurus Tradecon Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Laurus Tradecon Private Limited has experienced an upsurge of 39.66%.
When was the last Balance Sheet of Laurus Tradecon Private Limited filed with the ROC?
The most recent Balance Sheet for Laurus Tradecon Private Limited was filed with the ROC on 31 Mar 2024.
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