Litex Electricals Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.00 M
- Company Age 45 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.47 Cr
- Satisfied Charges ₹ 2.90 M
- Revenue Growth 30.15%
- Profit Growth 24.16%
- Ebitda 49.64%
- Net Worth 23.83%
- Total Assets 14.09%
About Litex Electricals
Litex Electricals Private Limited (LEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 May 1979 and has a history of 45 years and eight months. Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Consumer Electronics & Durables 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 8.00 M.
The company currently has active open charges totaling ₹2.47 Cr. The company has closed loans amounting to ₹2.90 M, as per Ministry of Corporate Affairs (MCA) records.
Avinash Kulkarni, Shirish Karkarey, Ravindra Kulkarni, and Two other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31500PN1979PTC138325
- Company No.
138325
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 May 1979
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
What products or services does Litex Electricals Private Limited offer?
Litex Electricals Private Limited offers a wide range of products and services, including Decorative Light, Lamp & Lamp Shades, Lamps, Phototherapy Light, Infrared Lamp, Halogen Lamps, Spot Lights, HID Lamp, Xenon Lamps, Surgical & ICU Equipments, Street, Flood and Commercial Lights.
Who are the key members and board of directors at Litex Electricals?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shirish Karkarey  | Managing Director | 01-Jun-1985 | Current |
| Avinash Kulkarni | Managing Director | 19-May-1979 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravindra Kulkarni | Director | 15-Jun-2019 | Current |
| Rahul Kulkarni | Director | 15-Jun-2019 | Current |
| Sharshchandra Rajarshi | Additional Director | 07-Apr-2021 | Current |
Financial Performance of Litex Electricals.
Litex Electricals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.15% increase. The company also saw a substantial improvement in profitability, with a 24.16% increase in profit. The company's net worth Soared by an impressive increase of 23.83%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Litex Electricals?
In 2022, Litex Electricals had a promoter holding of 59.62% and a public holding of 40.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Arklite Speciality Lamps Private LimitedAvinash Kulkarni, Shirish Karkarey and 1 more are mutual person
Elkay Chemicals Pvt LtdAvinash Kulkarni and Ravindra Kulkarni are mutual person
Kulkarni Techno-Process LlpAvinash Kulkarni, Shirish Karkarey and 1 more are mutual person
- Elkay Hygiene Products Llp
Ravindra Kulkarni is a mutual person
Charges (Loans)
₹2.47 Cr
₹0.29 Cr
Charges Breakdown by Lending Institutions
- Others : 2.25 Cr
- Hdfc Bank Limited : 0.18 Cr
- Bank Of Baroda : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2023 | Hdfc Bank Limited | ₹1.77 M | Open |
| 18 May 2015 | Bank Of Baroda | ₹0.43 M | Open |
| 10 May 2001 | Others | ₹2.25 Cr | Open |
| 30 Nov 2007 | Bank Of Baroda | ₹1.40 M | Satisfied |
| 29 Apr 2005 | Bank Of Baroda | ₹1.50 M | Satisfied |
How Many Employees Work at Litex Electricals?
Litex Electricals has a workforce of 44 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Litex Electricals, 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 Litex Electricals's trajectory.
Rating
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
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.
