Litecon Industries Private Limited

Produces AAC blocks and panels with a capacity of 1,50,000 cubic meters per year.

2010 | Surat, Gujarat (India) | Active
Last Updated: June 17, 2024

Litecon Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.78 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 28.66 Cr
  • Satisfied Charges ₹ 12.46 Cr
  • Revenue Growth 26.49%
  • Profit Growth 77.18%
  • Ebitda 30.68%
  • Net Worth 21.95%
  • Total Assets 6.49%

About Litecon Industries

Litecon Industries Private Limited (LIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 October 2010 and has a history of 14 years and four months. Its registered office is in Surat, Gujarat, 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 Cr and a paid-up capital of Rs 7.78 M.

The company currently has active open charges totaling ₹28.66 Cr. The company has closed loans amounting to ₹12.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kumbhesh Nariya, Pareshbhai Nariya, Bhaveshkumar Nariya, and Two other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    litecon.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26940GJ2010PTC062602

  • Company No.

    062602

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Litecon Industries Private Limited offer?

Litecon Industries Private Limited offers a wide range of products and services, including Cement and Concrete, Mortar, Bricks & Construction Aggregates, Block.

Who are the key members and board of directors at Litecon Industries?

Board Members (5)

NameDesignationAppointment DateStatus
Kumbhesh Nariya Country flag representing In Director 18-Oct-2010Current
Pareshbhai Nariya Country flag representing In Director 12-Oct-2010Current
Bhaveshkumar Nariya Country flag representing In Director 02-Apr-2021Current
Dhirajlal Nariya Country flag representing In Director 02-Apr-2021Current
Ankur Nariya Country flag representing In Director 02-Apr-2021Current

Financial Performance of Litecon Industries.

Litecon Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.49% increase. The company also saw a substantial improvement in profitability, with a 77.18% increase in profit. The company's net worth Soared by an impressive increase of 21.95%.

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
26.49%
Revenue from Operations
26.35%
Total Assets
6.49%
Profit or Loss
77.18%
Net Worth
21.95%
EBITDA
30.68%

What is the Ownership and Shareholding Structure of Litecon Industries?

In 2023, Litecon Industries 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

₹28.66 Cr

Satisfied Charges

₹12.46 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 28.66 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2021Axis Bank Limited₹18.66 CrOpen
09 Jul 2021Axis Bank Limited₹10.00 CrOpen
30 Mar 2011Bank Of Baroda₹12.46 CrSatisfied

How Many Employees Work at Litecon Industries?

Litecon Industries has a workforce of 3 employees as of Apr 08, 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 Litecon 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 Litecon 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 Litecon Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Litecon Industries 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 Axis Bank Limited of Rs. 18.66 Cr registered on 27 Jul 2021 with Charge ID 100467233 was modified on 30 May 2022.

    30 May 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 10.00 Cr registered on 09 Jul 2021 with Charge ID 100458873 was modified on 30 May 2022.

    30 May 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 18.66 Cr with Charge ID 100467233 was registered on 27 Jul 2021.

    27 Jul 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100458873 was registered on 09 Jul 2021.

    09 Jul 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Litecon Industries Private Limited was incorporated on 12 Oct 2010.

  • The authorized share capital of Litecon Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.78 M.

  • Currently 5 directors are associated with Litecon Industries Private Limited.

    • Kumbhesh Lakhmanbhai Nariya
    • Pareshbhai Dhirajlal Nariya
    • Bhaveshkumar Lakhmanbhai Nariya
    • Dhirajlal Kalabhai Nariya
    • Ankur Sureshbhai Nariya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Litecon Industries Private Limited is Block No. 255 Navi Pardi Behind Kamrej Sugar Joy N Joy Road Tal. Kamrej, Surat, Gujarat, India, 394150.

  • The corporate identification number (CIN) of Litecon Industries Private Limited is U26940GJ2010PTC062602 and the company number is 062602 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Litecon Industries Private Limited is https://www.litecon.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Litecon Industries Private Limited has risen by 26.49%.

  • As Per 2023 financial reports, 3 employees are currently employed by Litecon Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Litecon Industries Private Limited has experienced an upsurge of 21.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Litecon Industries Private Limited amount to ₹ 28.66 Cr.

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

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