Loftet Trading Private Limited

Provides software services and IT manpower placement, also trades agricultural products.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated: December 18, 2024

Loftet Trading Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 3 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.50 Cr
  • Revenue Growth 389.45%
  • Profit Growth 375.45%
  • Ebitda 434.48%
  • Net Worth 293.58%
  • Total Assets 239.74%

About Loftet Trading

Loftet Trading Private Limited (LTPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 November 2021 (Three years and two months 16 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹3.50 Cr.

Ahamed Abdul and Srinivasa Venkatappa 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

    U51390KA2021PTC154794

  • Company No.

    154794

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 2021

  • Date of AGM

    27 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Loftet Trading?

Board Members (2)

Name Designation Appointment Date Status
Ahamed Abdul Country flag representing In Director 24-Nov-2021 Current
Srinivasa Venkatappa Country flag representing In Director 24-Nov-2021 Current

Financial Performance of Loftet Trading.

Loftet Trading Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 389.45% increase. The company also saw a substantial improvement in profitability, with a 375.45% increase in profit. The company's net worth Soared by an impressive increase of 293.58%.

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
389.45%
Revenue from Operations
389.39%
Total Assets
239.74%
Profit or Loss
375.45%
Net Worth
293.58%
EBITDA
434.48%

What is the Ownership and Shareholding Structure of Loftet Trading?

In 2023, Loftet Trading 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

₹35.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.50 Cr

Latest Charge Details

Date Lender Amount Status
26 Aug 2024 State Bank Of India ₹3.50 Cr Open

How Many Employees Work at Loftet Trading?

Loftet Trading has a workforce of 0 employees as of Mar 21, 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 Loftet Trading, 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 Loftet Trading'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 Loftet Trading

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 35.00 M with Charge ID 100970293 was registered on 26 Aug 2024.

    26 Aug 2024

  • Annual General Meeting

    Loftet Trading Private Limited last Annual general meeting of members was held on 27 Jul 2024 as per latest MCA records.

    27 Jul 2024

  • Balance Sheet

    Loftet Trading Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Ahamed Khaleel Udyawar Abdul was appointed as a Director was appointed as a Director on 24 Nov 2021 & has been associated with this company since 3 years 2 months .

    24 Nov 2021

  • Director Appointment

    Srinivasa Venkatappa was appointed as a Director was appointed as a Director on 24 Nov 2021 & has been associated with this company since 3 years 2 months .

    24 Nov 2021

  • Company Incorporation

    Loftet Trading Private Limited was registered on 24 Nov 2021 with Roc Bangalore & aged 3 years 2 months as per MCA records.

    24 Nov 2021

Frequently asked questions

  • Loftet Trading Private Limited was incorporated on 24 Nov 2021.

  • The authorized share capital of Loftet Trading Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Loftet Trading Private Limited.

    • Ahamed Khaleel Udyawar Abdul
    • Srinivasa Venkatappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Loftet Trading Private Limited is No. 06 Ambara 3Rd Main Road Bsv Reddy Layout Ramamurthy Nagar, India, Bangalore North, Karnataka, 560016.

  • The corporate identification number (CIN) of Loftet Trading Private Limited is U51390KA2021PTC154794 and the company number is 154794 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Loftet Trading Private Limited has risen by 389.45%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Loftet Trading Private Limited has experienced an upsurge of 293.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Loftet Trading Private Limited amount to ₹ 3.50 Cr.

  • The most recent Balance Sheet for Loftet Trading Private Limited was filed with the ROC on 31 Mar 2024.