Loadstar Equipment Limited

Provides cargo lifting solutions with a range of forklifts and handlers.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated:

Loadstar Equipment Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.25 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth -6.51%
  • Profit Growth -13.78%
  • Ebitda -54.43%
  • Net Worth -154.59%
  • Total Assets 12.61%

About Loadstar Equipment

Loadstar Equipment Limited (LEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 April 2011 and has a history of 13 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Loadstar Equipment Private Limited. The Company is engaged in the Transport And Logistics 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 5.00 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹9.25 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Valiveti Bhaskar, Ambadi Sreedevi, Ravi Karunakaran, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29253KA2011PLC058080

  • Company No.

    058080

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Apr 2011

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics

What products or services does Loadstar Equipment Limited offer?

Loadstar Equipment Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Forklift, Material Handling Machines & Systems, Warehouse Stacker.

Who are the key members and board of directors at Loadstar Equipment?

Executive Team (1)

NameDesignationAppointment DateStatus
Ravi Karunakaran Country flag representing In Managing Director11-Apr-2011Current

Board Members (5)

NameDesignationAppointment DateStatus
Vidya Ravikumar Country flag representing In Director 15-Jun-2017Current
Valiveti Bhaskar Country flag representing In Additional Director 01-Apr-2024Current
Ambadi Sreedevi Country flag representing In Director 01-Oct-2011Current
Alamelu Bhaskar Country flag representing In Director 01-Jan-2018Current
Gautam Valiveti Country flag representing In Director 07-Sep-2018Current

Financial Performance of Loadstar Equipment.

Loadstar Equipment Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.51% decrease. The company also saw a substantial fall in profitability, with a 13.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 154.59%.

Loadstar Equipment revenue growth over time
Loadstar Equipment 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
-6.51%
Revenue from Operations
-6.31%
Total Assets
12.61%
Profit or Loss
-13.78%
Net Worth
-154.59%
EBITDA
-54.43%

What is the Ownership and Shareholding Structure of Loadstar Equipment?

In 2023, Loadstar Equipment had a promoter holding of 82.74% and a public holding of 17.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.25 Cr

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.25 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2023Others₹9.25 CrOpen
06 Mar 2023Axis Bank Limited₹3.00 CrSatisfied

How Many Employees Work at Loadstar Equipment?

Loadstar Equipment has a workforce of 26 employees as of Apr 01, 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.

Employee growth trends for Loadstar Equipment Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Loadstar Equipment, 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 Loadstar Equipment'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 Loadstar Equipment

Recent activity within the organization

  • Director Appointment

    Valiveti Bhaskar was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2024 & has been associated with this company since 11 months 28 days .

  • Charges

    A charge with Others of Rs. 9.25 Cr registered on 30 Sep 2023 with Charge ID 100793944 was modified on 21 Mar 2024.

  • Charges

    A charge registered on 06 Mar 2023 via Charge ID 100700170 with Axis Bank Limited was fully satisfied on 28 Dec 2023.

  • Charges

    A charge with Others amounted to Rs. 9.25 Cr with Charge ID 100793944 was registered on 30 Sep 2023.

  • Annual General Meeting

    Loadstar Equipment Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Loadstar Equipment Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

Frequently asked questions

  • What is the Incorporation or founding date of Loadstar Equipment Limited?

    Loadstar Equipment Limited was incorporated on 11 Apr 2011.

  • What is authorized share capital and paid-up capital of Loadstar Equipment Limited?

    The authorized share capital of Loadstar Equipment Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.50 Cr.

  • Who are the current board members & directors of Loadstar Equipment Limited?

    Currently 6 directors are associated with Loadstar Equipment Limited.

    • Valiveti Bhaskar
    • Ambadi Sreedevi
    • Ravi Kumar Karunakaran
    • Alamelu Bhaskar
    • Vidya Ravikumar
    • Gautam Valiveti

  • What is the registered address of Loadstar Equipment Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Loadstar Equipment Limited is No. 10B Ii Phase Peenya Industrial Area, India, Bangalore, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Loadstar Equipment Limited?

    The corporate identification number (CIN) of Loadstar Equipment Limited is U29253KA2011PLC058080 and the company number is 058080 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Loadstar Equipment Limited?

    The Official website of Loadstar Equipment Limited is https://www.loadstar.in

  • What has been the recent revenue trend for Loadstar Equipment Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Loadstar Equipment Limited has fallen by -6.51%.

  • How many employees does Loadstar Equipment Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Loadstar Equipment Limited.

  • What change has been observed in the net worth of Loadstar Equipment Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Loadstar Equipment Limited has experienced an downturn of -154.59%.

  • What are the total open charges for Loadstar Equipment Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Loadstar Equipment Limited amount to ₹ 9.25 Cr.

  • When was the last Balance Sheet of Loadstar Equipment Limited filed with the ROC?

    The most recent Balance Sheet for Loadstar Equipment Limited was filed with the ROC on 31 Mar 2023.

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