Limtex Tea & Industries Ltd.

Manufacturer and trader of tea and spices, with direct selling and own brand presence.

1995 | Kolkata, West Bengal (India) | Active
Last Updated: July 29, 2024

Limtex Tea & Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.75 Cr
  • Paid Up Capital ₹ 4.60 Cr
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.98 Cr
  • Satisfied Charges ₹ 211.90 Cr
  • Revenue Growth -2.31%
  • Profit Growth 74.52%
  • Ebitda 71.10%
  • Net Worth -0.61%
  • Total Assets -1.61%

About Limtex Tea & Industries

Limtex Tea & Industries Ltd. (LTIL) is a Public Limited Indian Non-Government Company incorporated in India on 11 October 1995 and has a history of 29 years and four months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Agriculture 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 4.75 Cr and a paid-up capital of Rs 4.60 Cr.

The company currently has active open charges totaling ₹49.98 Cr. The company has closed loans amounting to ₹211.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shankar Poddar, Gaurav Poddar, and Gunjan Poddar serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    limtex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15491WB1995PLC074733

  • Company No.

    074733

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture
Food and Beverages

What products or services does Limtex Tea & Industries Ltd. offer?

Limtex Tea & Industries Ltd. offers a wide range of products and services, including Black Tea, Assam Tea, Tea.

Who are the key members and board of directors at Limtex Tea & Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Gaurav Poddar Country flag representing In Director 07-Jun-2004Current
Shankar Poddar Country flag representing In Director 11-Oct-1995Current
Gunjan Poddar Country flag representing In Director 18-Aug-2004Current

Financial Performance of Limtex Tea & Industries.

Limtex Tea & Industries Ltd., for the financial year ended 2023, experienced Minor drop in revenue, with a 2.31% decrease. The company also saw a substantial improvement in profitability, with a 74.52% increase in profit. The company's net worth dipped by a decrease of 0.61%.

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
-2.31%
Revenue from Operations
-2.31%
Total Assets
-1.61%
Profit or Loss
74.52%
Net Worth
-0.61%
EBITDA
71.10%

What is the Ownership and Shareholding Structure of Limtex Tea & Industries?

In 2023, Limtex Tea & Industries had a promoter holding of 80.99% and a public holding of 19.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.98 Cr

Satisfied Charges

₹211.90 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 42.48 Cr
  • Uco Bank : 7.50 Cr

Latest Charge Details

DateLenderAmountStatus
25 Nov 2014Uco Bank₹7.50 CrOpen
04 Dec 2009State Bank Of India₹42.48 CrOpen
23 Oct 2009Others₹120.41 CrSatisfied
06 May 2009Andhra Bank₹3.87 CrSatisfied
13 May 2008Andhra Bank₹3.60 CrSatisfied

How Many Employees Work at Limtex Tea & Industries?

Limtex Tea & Industries has a workforce of 52 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Limtex Tea & Industries, 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 Limtex Tea & Industries'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 Limtex Tea & Industries

Recent activity within the organization

  • Annual General Meeting

    Limtex Tea & Industries Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 23 Oct 2009 via Charge ID 10184673 with Others was fully satisfied on 08 May 2023.

    08 May 2023

  • Balance Sheet

    Limtex Tea & Industries Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 120.41 Cr registered on 23 Oct 2009 with Charge ID 10184673 was modified on 23 Mar 2020.

    23 Mar 2020

  • Charges

    A charge with Uco Bank amounted to Rs. 7.50 Cr with Charge ID 10533291 was registered on 25 Nov 2014.

    25 Nov 2014

  • Charges

    A charge with State Bank Of India of Rs. 42.48 Cr registered on 04 Dec 2009 with Charge ID 10192213 was modified on 11 Oct 2012.

    11 Oct 2012

Frequently asked questions

  • Limtex Tea & Industries Ltd. was incorporated on 11 Oct 1995.

  • The authorized share capital of Limtex Tea & Industries Ltd. is ₹ 4.75 Cr and paid-up capital is ₹ 4.60 Cr.

  • Currently 3 directors are associated with Limtex Tea & Industries Ltd..

    • Shankar Poddar
    • Gaurav Poddar
    • Gunjan Poddar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Limtex Tea & Industries Ltd. is 88A Sarat Bose Road, 4Th Floor R.K.Seva Pratisthan, Kolkata, West Bengal, India, 700026.

  • The corporate identification number (CIN) of Limtex Tea & Industries Ltd. is U15491WB1995PLC074733 and the company number is 074733 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Limtex Tea & Industries Ltd. is https://www.limtex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Limtex Tea & Industries Ltd. has fallen by -2.31%.

  • As Per 2023 financial reports, 52 employees are currently employed by Limtex Tea & Industries Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Limtex Tea & Industries Ltd. has experienced an downturn of -0.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Limtex Tea & Industries Ltd. amount to ₹ 49.98 Cr.

  • The most recent Balance Sheet for Limtex Tea & Industries Ltd. was filed with the ROC on 31 Mar 2023.

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