Life Gear Safetech Private Limited

Providing safety products, training, and services for work at height and workplace safety.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: July 18, 2024

Life Gear Safetech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.32 Cr
  • Revenue Growth 17.78%
  • Profit Growth 46.00%
  • Ebitda 19.53%
  • Net Worth 7.88%
  • Total Assets 10.71%

About Life Gear Safetech

Life Gear Safetech Private Limited (LGSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 November 2006 and has a history of 18 years and three months. Its registered office is in Mumbai, Maharashtra, 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 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹3.32 Cr.

Rajan Nigam and Shubhra Nigam serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lifegear.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33309MH2006PTC165483

  • Company No.

    165483

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Life Gear Safetech Private Limited offer?

Life Gear Safetech Private Limited offers a wide range of products and services, including Industrial Uniforms & Safety Wear, Safety Helmets, Swimming Pool & Water Sport Goods, Swimming Pool Accessories, Locking Hook, Screw Lock Carabiner, Safety Belts, Fall Protection Equipment, Safety Equipment, Rope Grabs.

Who are the key members and board of directors at Life Gear Safetech?

Board Members (2)

NameDesignationAppointment DateStatus
Rajan Nigam Country flag representing In Director 10-Nov-2006Current
Shubhra Nigam Country flag representing In Director 10-Nov-2006Current

Financial Performance of Life Gear Safetech.

Life Gear Safetech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.78% increase. The company also saw a substantial improvement in profitability, with a 46% increase in profit. The company's net worth moved up by a moderate rise of 7.88%.

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
17.78%
Revenue from Operations
17.19%
Total Assets
10.71%
Profit or Loss
46.00%
Net Worth
7.88%
EBITDA
19.53%

What is the Ownership and Shareholding Structure of Life Gear Safetech?

In 2023, Life Gear Safetech 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

₹33.24 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.13 Cr
  • Axis Bank Limited : 1.06 Cr
  • New India Co-Op Bank Limited : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2023Others₹1.75 CrOpen
31 Jan 2022Others₹0.55 MOpen
31 Jan 2022Others₹0.55 MOpen
31 Jan 2022Others₹1.33 MOpen
22 Sep 2021Axis Bank Limited₹0.57 MOpen

How Many Employees Work at Life Gear Safetech?

Life Gear Safetech has a workforce of 182 employees as of Mar 29, 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 Life Gear Safetech, 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 Life Gear Safetech'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 Life Gear Safetech

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Life Gear Safetech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 17.50 M with Charge ID 100710441 was registered on 24 Mar 2023.

    24 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.55 M with Charge ID 100538975 was registered on 31 Jan 2022.

    31 Jan 2022

  • Charges

    A charge with Others amounted to Rs. 0.55 M with Charge ID 100538976 was registered on 31 Jan 2022.

    31 Jan 2022

  • Charges

    A charge with Others amounted to Rs. 1.33 M with Charge ID 100551734 was registered on 31 Jan 2022.

    31 Jan 2022

Frequently asked questions

  • Life Gear Safetech Private Limited was incorporated on 10 Nov 2006.

  • The authorized share capital of Life Gear Safetech Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Life Gear Safetech Private Limited.

    • Rajan Krishna Kumar Nigam
    • Shubhra Rajan Nigam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Life Gear Safetech Private Limited is 31/32 The Hira Panna Shopping Mall Behind Oshiwara Police Station Oshiwara Andhe, Ri (West), Mumbai, Maharashtra, India, 400102.

  • The corporate identification number (CIN) of Life Gear Safetech Private Limited is U33309MH2006PTC165483 and the company number is 165483 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Life Gear Safetech Private Limited is https://www.lifegear.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Life Gear Safetech Private Limited has risen by 17.78%.

  • As Per 2023 financial reports, 182 employees are currently employed by Life Gear Safetech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Life Gear Safetech Private Limited has experienced an upsurge of 7.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Life Gear Safetech Private Limited amount to ₹ 3.32 Cr.

  • The most recent Balance Sheet for Life Gear Safetech Private Limited was filed with the ROC on 31 Mar 2023.