Lokar Merchants Private Limited
Trading pulses and agro commodities since 2021, based in Tamil Nadu.
2021 | Namakkal, Tamil Nadu (India) | Active
Lokar Merchants Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.20 M
- Company Age 4 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Revenue Growth -16.63%
- Profit Growth 52.17%
- Ebitda 4.41%
- Net Worth 6.60%
- Total Assets 57.34%
About Lokar Merchants
Lokar Merchants Private Limited (LMPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 February 2021 (Four years and one month 1 days old ). Its registered office is in Namakkal, Tamil Nadu, India.
The Company is engaged in the Agriculture 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 1.50 M and a paid-up capital of Rs 0.20 M, as per Ministry of Corporate Affairs (MCA) records.
Periyasamy and Kondan Manikandan serve as directors at the Company.
Company Details
- Location
Namakkal, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909TZ2021PTC035475
- Company No.
035475
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Feb 2021
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Agriculture
Food and Beverages
Who are the key members and board of directors at Lokar Merchants?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Periyasamy  | Director | 02-Feb-2021 | Current |
| Kondan Manikandan | Director | 02-Feb-2021 | Current |
Financial Performance of Lokar Merchants.
Lokar Merchants Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.63% decrease. The company also saw a substantial improvement in profitability, with a 52.17% increase in profit. The company's net worth moved up by a moderate rise of 6.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lokar Merchants?
In 2023, Lokar Merchants had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Mesmerise Productions Private Limited
Periyasamy is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Lokar Merchants?
Lokar Merchants has a workforce of 0 employees as of Apr 06, 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 Lokar Merchants, 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 Lokar Merchants'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.
Latest Updates, News, and FAQs on Lokar Merchants
Recent activity within the organization
- Annual General Meeting
Lokar Merchants Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Lokar Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Director Appointment
Periyasamy was appointed as a Director was appointed as a Director on 02 Feb 2021 & has been associated with this company since 4 years 1 month .
- Director Appointment
Kondan Manikandan was appointed as a Director was appointed as a Director on 02 Feb 2021 & has been associated with this company since 4 years 1 month .
- Company Incorporation
Lokar Merchants Private Limited was registered on 02 Feb 2021 with Roc Coimbatore & aged 4 years 1 month as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Lokar Merchants Private Limited?
Lokar Merchants Private Limited was incorporated on 02 Feb 2021.
What is authorized share capital and paid-up capital of Lokar Merchants Private Limited?
The authorized share capital of Lokar Merchants Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.20 M.
Who are the current board members & directors of Lokar Merchants Private Limited?
Currently 2 directors are associated with Lokar Merchants Private Limited.
- Periyasamy
- Kondan Manikandan
What is the registered address of Lokar Merchants Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lokar Merchants Private Limited is 3/68 Onankaradu, Bodinaickenpatti India, Namakkal, Tamil Nadu, 637412.
What is the corporate identification number (CIN) and company number of Lokar Merchants Private Limited?
The corporate identification number (CIN) of Lokar Merchants Private Limited is U51909TZ2021PTC035475 and the company number is 035475 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Lokar Merchants Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Lokar Merchants Private Limited has fallen by -16.63%.
What change has been observed in the net worth of Lokar Merchants Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lokar Merchants Private Limited has experienced an upsurge of 6.60%.
When was the last Balance Sheet of Lokar Merchants Private Limited filed with the ROC?
The most recent Balance Sheet for Lokar Merchants Private Limited was filed with the ROC on 31 Mar 2023.