Lava Cast Profile
Key Indicators
- Authorised Capital ₹ 137.00 Cr
- Paid Up Capital ₹ 130.56 Cr
- Company Age 13 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 228.32 Cr
- Revenue Growth -17.21%
- Profit Growth 14.21%
- Ebitda 20.06%
- Net Worth -84.69%
- Total Assets -14.75%
About Lava Cast
Lava Cast Private Limited (LCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 May 2011 and has a history of 13 years and ten months. Its registered office is in Panch Mahals, 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 137.00 Cr and a paid-up capital of Rs 130.56 Cr.
The company currently has active open charges totaling ₹228.32 Cr.
The Key Managerial Personnel (KMP) at Lava Cast Private Limited India are Hirenkumar Vala as COMPANY SECRETARY and Mr Singh as Cfo. Udit Sheth and Deepak Diwan serve as directors at the Company.
Company Details
- Location
Panch Mahals, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27205GJ2011PTC100777
- Company No.
100777
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 May 2011
- Date of AGM
27 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 Lava Cast?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hirenkumar Vala  | Company Secretary | 01-Jan-2021 | Current |
| Mr Singh | CFO | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Udit Sheth | Director | 15-Jun-2013 | Current |
| Deepak Diwan | Director | 22-Jul-2024 | Current |
Financial Performance of Lava Cast.
Lava Cast Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.21% decrease. The company also saw a substantial improvement in profitability, with a 14.21% increase in profit. The company's net worth observed a substantial decline by a decrease of 84.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lava Cast?
In 2023, Lava Cast had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Udit Sheth is a mutual person
- Se Transstadia Private Limited
Udit Sheth is a mutual person
- Transstadia Education & Research Foundation
Udit Sheth is a mutual person
- Transstadia Boxing India Private Limited
Udit Sheth is a mutual person
Charges (Loans)
Open Charges
₹228.32 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 228.32 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2020 | Others | ₹32.08 Cr | Open |
| 18 Sep 2014 | Others | ₹98.12 Cr | Open |
| 08 Aug 2014 | Others | ₹98.12 Cr | Open |
How Many Employees Work at Lava Cast?
Lava Cast has a workforce of 283 employees as of Apr 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lava Cast, 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 Lava Cast'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 Lava Cast
Recent activity within the organization
- Charges
A charge with Others of Rs. 98.12 Cr registered on 18 Sep 2014 with Charge ID 10524462 was modified on 24 Sep 2024.
- Charges
A charge with Others of Rs. 98.12 Cr registered on 08 Aug 2014 with Charge ID 10514914 was modified on 24 Sep 2024.
- Director Appointment
Deepak Shrikrishna Diwan was appointed as a Director was appointed as a Director on 22 Jul 2024 & has been associated with this company since 8 months 7 days .
- Annual General Meeting
Lava Cast Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Balance Sheet
Lava Cast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Director Appointment
Hirenkumar Popatbhai Vala was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jan 2021 & has been associated with this company since 4 years 2 months .
Recent News, Updates & Announcement
- Setco Automotive Acquires Lava Cast for Rs 7.70 Crore, Plans European Expansion with Rs 300 Crore Investment in Clutch Production.
Setco Automotive bought Lava Cast for Rs 7.70 crore. They want to expand to Europe and invest Rs 300 crore to make more clutches. They already have 85% of the Indian market and make clutches for tractors too..
Frequently asked questions
What is the Incorporation or founding date of Lava Cast Private Limited?
Lava Cast Private Limited was incorporated on 13 May 2011.
What is authorized share capital and paid-up capital of Lava Cast Private Limited?
The authorized share capital of Lava Cast Private Limited is ₹ 137.00 Cr and paid-up capital is ₹ 130.56 Cr.
Who are the current board members & directors of Lava Cast Private Limited?
Currently 4 directors are associated with Lava Cast Private Limited.
- Udit Harish Sheth
- Deepak Shrikrishna Diwan
- Hirenkumar Popatbhai Vala
- Mr Kuldeep Singh
What is the registered address of Lava Cast Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lava Cast Private Limited is Alindra Village Vadodara Godhra Highway Kalol, India, Panchmahal, Gujarat, 389330.
What is the corporate identification number (CIN) and company number of Lava Cast Private Limited?
The corporate identification number (CIN) of Lava Cast Private Limited is U27205GJ2011PTC100777 and the company number is 100777 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lava Cast Private Limited?
The Official website of Lava Cast Private Limited is https://www.lavacast.in
What has been the recent revenue trend for Lava Cast Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Lava Cast Private Limited has fallen by -17.21%.
How many employees does Lava Cast Private Limited currently have?
As Per 2023 financial reports, 283 employees are currently employed by Lava Cast Private Limited.
What change has been observed in the net worth of Lava Cast Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lava Cast Private Limited has experienced an downturn of -84.69%.
What are the total open charges for Lava Cast Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Lava Cast Private Limited amount to ₹ 228.32 Cr.
When was the last Balance Sheet of Lava Cast Private Limited filed with the ROC?
The most recent Balance Sheet for Lava Cast Private Limited was filed with the ROC on 31 Mar 2023.
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