Le Merite Exports Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
as on 18-12-2024
- Paid Up Capital ₹ 23.48 Cr
as on 18-12-2024
- Company Age 20 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 87.54 Cr
as on 18-12-2024
- Satisfied Charges ₹ 113.76 Cr
as on 18-12-2024
- Revenue 95.95%
(FY 2022)
- Profit 202.71%
(FY 2022)
- Ebitda 197.27%
(FY 2022)
- Net Worth 86.21%
(FY 2022)
- Total Assets 91.82%
(FY 2022)
About Le Merite Exports
The Corporate was formerly known as Didwaniya Yarn Exports Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 23.48 Cr.
The company currently has active open charges totaling ₹87.54 Cr. The company has closed loans amounting to ₹113.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Le Merite Exports Limited India are Abhisek Lath as CFO and Sandeep Poddar as Company Secretary. Rohit Agarwal, Umashankar Lath, Narendra Srivastava, and Three other members serve as directors at the Company.
- CIN/LLPIN
L17111MH2003PLC143645
- Company No.
143645
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Dec 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Le Merite Exports Limited offer?
Le Merite Exports Limited offers a wide range of products and services, including Yarns & Threads, Cotton Yarn, Spun Yarn, Yarn, Slub Yarn, Carded Weaving Yarn, Cotton Carded Yarn, Polyester Cotton Yarn, Combed Weaving Yarn, Polyester Yarn.
Who are the key members and board of directors at Le Merite Exports?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Umashankar Lath  | Managing Director | 18-Nov-2021 | Current |
| Abhisek Lath | CFO | 01-Nov-2021 | Current |
| Sandeep Poddar | Company Secretary | 05-Sep-2022 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jaydeep Mehta | Director | 25-Jan-2022 | Current |
| Rohit Agarwal | Director | 25-Jan-2022 | Current |
| Narendra Srivastava | Director | 25-Jan-2022 | Current |
| Sweta Lath | Director | 18-Nov-2021 | Current |
Financial Performance and Corporate Structure Insights of Le Merite Exports.
Le Merite Exports Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 95.95% increase. The company also saw a substantial improvement in profitability, with a 202.71% increase in profit. The company's net worth Soared by an impressive increase of 86.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Le Merite Exports?
In 2022, Le Merite Exports had a promoter holding of 99.99% and a public holding of 0.01%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Le Merite Fashions Private LimitedActive 8 years 4 monthsSweta Lath and Abhisek Lath are mutual person
Burhanpur Integrated Textile Park LimitedActive 10 years 1 monthUmashankar Lath and Abhisek Lath are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 29 Jul 2023 | ₹5.00 Cr | Open |
Hdfc Bank Limited Creation Date: 22 Apr 2022 | ₹15.00 Cr | Open |
Uco Bank Creation Date: 21 Sep 2021 | ₹15.00 Cr | Open |
How Many Employees Work at Le Merite Exports?
Le Merite Exports has a workforce of 18 employees as of Apr 07, 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 Le Merite Exports, 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 Le Merite Exports'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.
