Lip Fasteners Private Limited

Manufacturer of metal fasteners and precision machinery components for engineering and consumer goods.

2011 | Aurangabad, Maharashtra (India) | Active
Last Updated: December 22, 2024

Lip Fasteners Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.20 Cr
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 11.42 Cr
  • Satisfied Charges ₹ 3.98 Cr
  • Revenue Growth -46.07%
  • Profit Growth -37.25%
  • Ebitda 21.70%
  • Net Worth 0.59%
  • Total Assets 0.10%

About Lip Fasteners

Lip Fasteners Private Limited (LFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 2011 and has a history of 13 years and six months. Its registered office is in Aurangabad, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 1.20 Cr and a paid-up capital of Rs 1.20 Cr.

The company currently has active open charges totaling ₹11.42 Cr. The company has closed loans amounting to ₹3.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dnyandeo Rajale and Ramkor Rajale serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910MH2011PTC220926

  • Company No.

    220926

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 2011

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

Who are the key members and board of directors at Lip Fasteners?

Board Members (2)

NameDesignationAppointment DateStatus
Dnyandeo Rajale Country flag representing In Director 12-Aug-2011Current
Ramkor Rajale Country flag representing In Director 12-Aug-2011Current

Financial Performance of Lip Fasteners.

Lip Fasteners Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 46.07% decrease. The company also saw a substantial fall in profitability, with a 37.25% decrease in profit. The company's net worth moved up by a moderate rise of 0.59%.

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
-46.07%
Revenue from Operations
-45.36%
Total Assets
0.10%
Profit or Loss
-37.25%
Net Worth
0.59%
EBITDA
21.70%

What is the Ownership and Shareholding Structure of Lip Fasteners?

In 2021, Lip Fasteners 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

₹11.42 Cr

Satisfied Charges

₹3.98 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 11.42 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2020Indian Overseas Bank₹4.82 CrOpen
06 Mar 2014Indian Overseas Bank₹6.60 CrOpen
31 Dec 2013Electronica Finance Limited₹4.06 MSatisfied
26 Aug 2013Electronica Finance Limited₹6.92 MSatisfied
12 Mar 2013State Bank Of India₹2.89 CrSatisfied

How Many Employees Work at Lip Fasteners?

Lip Fasteners has a workforce of 57 employees as of Mar 28, 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 Lip Fasteners, 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 Lip Fasteners'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 Lip Fasteners

Recent activity within the organization

  • Charges

    A charge with Indian Overseas Bank of Rs. 6.60 Cr registered on 06 Mar 2014 with Charge ID 10488597 was modified on 18 Dec 2023.

    18 Dec 2023

  • Annual General Meeting

    Lip Fasteners Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Lip Fasteners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 4.82 Cr with Charge ID 100418881 was registered on 30 Dec 2020.

    30 Dec 2020

  • Charges

    A charge registered on 31 Dec 2013 via Charge ID 10469138 with Electronica Finance Limited was fully satisfied on 25 Jul 2015.

    25 Jul 2015

  • Charges

    A charge registered on 26 Aug 2013 via Charge ID 10445125 with Electronica Finance Limited was fully satisfied on 25 Jul 2015.

    25 Jul 2015

Frequently asked questions

  • Lip Fasteners Private Limited was incorporated on 12 Aug 2011.

  • The authorized share capital of Lip Fasteners Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.20 Cr.

  • Currently 2 directors are associated with Lip Fasteners Private Limited.

    • Dnyandeo Laxman Rajale
    • Ramkor Dnyandeo Rajale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lip Fasteners Private Limited is M- 106/3, Midc Waluj India, Aurangabad, Maharashtra, 431136.

  • The corporate identification number (CIN) of Lip Fasteners Private Limited is U28910MH2011PTC220926 and the company number is 220926 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Lip Fasteners Private Limited has fallen by -46.07%.

  • As Per 2021 financial reports, 57 employees are currently employed by Lip Fasteners Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Lip Fasteners Private Limited has experienced an upsurge of 0.59%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Lip Fasteners Private Limited amount to ₹ 11.42 Cr.

  • The most recent Balance Sheet for Lip Fasteners Private Limited was filed with the ROC on 31 Mar 2021.