Lifestyle Sarees Private Limited

Sells sarees and women's party wear under 'Lifestyle' and 'Antra' brands, outsources processing activities.

1999 | Surat, Gujarat (India) | Active
Last Updated: June 25, 2024

Lifestyle Sarees Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 9.92 M
  • Company Age 25 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 73.47 Cr
  • Satisfied Charges ₹ 48.50 Cr
  • Revenue Growth 32.31%
  • Profit Growth -1.28%
  • Ebitda 22.90%
  • Net Worth 18.98%
  • Total Assets 11.31%

About Lifestyle Sarees

Lifestyle Sarees Private Limited (LSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 August 1999 and has a history of 25 years and five months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Fashion And Textile 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 1.25 Cr and a paid-up capital of Rs 9.92 M.

The company currently has active open charges totaling ₹73.47 Cr. The company has closed loans amounting to ₹48.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Meenadevi Dhandharia, Gopikrishan Dhandharia, and Arvindkumar Dhandharia serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74140GJ1999PTC036441

  • Company No.

    036441

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Aug 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Fashion and Textile

Who are the key members and board of directors at Lifestyle Sarees?

Board Members (3)

Name Designation Appointment Date Status
Meenadevi Dhandharia Country flag representing In Director Current
Gopikrishan Dhandharia Country flag representing In Whole-Time Director 18-Aug-1999 Current
Arvindkumar Dhandharia Country flag representing In Whole-Time Director 18-Aug-1999 Current

Financial Performance of Lifestyle Sarees.

Lifestyle Sarees Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.31% increase. The company also saw a slight decrease in profitability, with a 1.28% decrease in profit. The company's net worth Soared by an impressive increase of 18.98%.

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
32.31%
Revenue from Operations
32.34%
Total Assets
11.31%
Profit or Loss
-1.28%
Net Worth
18.98%
EBITDA
22.90%

What is the Ownership and Shareholding Structure of Lifestyle Sarees?

In 2023, Lifestyle Sarees had a promoter holding of 95.69% and a public holding of 4.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹73.47 Cr

Satisfied Charges

₹48.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 73.47 Cr

Latest Charge Details

Date Lender Amount Status
20 Feb 2021 Others ₹30.00 Cr Open
05 Oct 2020 Others ₹3.52 Cr Open
08 Feb 2018 Others ₹9.95 Cr Open
29 Dec 2015 Others ₹30.00 Cr Open
07 Mar 2008 Oriental Bank Of Commerce ₹22.00 Cr Satisfied

How Many Employees Work at Lifestyle Sarees?

Lifestyle Sarees has a workforce of 26 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 Lifestyle Sarees, 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 Lifestyle Sarees'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 Lifestyle Sarees

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Lifestyle Sarees 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 Others of Rs. 30.00 Cr registered on 29 Dec 2015 with Charge ID 10614387 was modified on 14 Dec 2022.

    14 Dec 2022

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 20 Feb 2021 with Charge ID 100424464 was modified on 12 Aug 2022.

    12 Aug 2022

  • Charges

    A charge with Others of Rs. 3.52 Cr registered on 05 Oct 2020 with Charge ID 100379305 was modified on 23 Jul 2021.

    23 Jul 2021

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100424464 was registered on 20 Feb 2021.

    20 Feb 2021

Frequently asked questions

  • Lifestyle Sarees Private Limited was incorporated on 18 Aug 1999.

  • The authorized share capital of Lifestyle Sarees Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 9.92 M.

  • Currently 3 directors are associated with Lifestyle Sarees Private Limited.

    • Meenadevi Gopikrish Dhandharia
    • Gopikrishan Dhandharia
    • Arvindkumar Dhandharia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lifestyle Sarees Private Limited is 2Nd Floor Shree Ganeshtextile Market Ring Road, Surat, Gujarat, India, 395002.

  • The corporate identification number (CIN) of Lifestyle Sarees Private Limited is U74140GJ1999PTC036441 and the company number is 036441 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lifestyle Sarees Private Limited is https://www.lifestylesarees.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lifestyle Sarees Private Limited has risen by 32.31%.

  • As Per 2023 financial reports, 26 employees are currently employed by Lifestyle Sarees Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lifestyle Sarees Private Limited has experienced an upsurge of 18.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lifestyle Sarees Private Limited amount to ₹ 73.47 Cr.

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

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