Lokar Merchants Private Limited

Founded in 2021 and headquartered in Tamil Nadu, India.

2021 | Namakkal, Tamil Nadu (India) | Active
Last Updated: October 29, 2024

Lokar Merchants Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 3 Year, 11 Months
  • 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 (Three years and 11 months 30 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.


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 Country flag representing In Director 02-Feb-2021 Current
Kondan Manikandan Country flag representing In 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%.

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
-16.63%
Revenue from Operations
-16.63%
Total Assets
57.34%
Profit or Loss
52.17%
Net Worth
6.60%
EBITDA
4.41%

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.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    29 Sep 2023

  • Balance Sheet

    Lokar Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Periyasamy was appointed as a Director was appointed as a Director on 02 Feb 2021 & has been associated with this company since 3 years 11 months .

    02 Feb 2021

  • 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 3 years 11 months .

    02 Feb 2021

  • Company Incorporation

    Lokar Merchants Private Limited was registered on 02 Feb 2021 with Roc Coimbatore & aged 3 years 11 months as per MCA records.

    02 Feb 2021

Frequently asked questions

  • Lokar Merchants Private Limited was incorporated on 02 Feb 2021.

  • The authorized share capital of Lokar Merchants Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.20 M.

  • Currently 2 directors are associated with Lokar Merchants Private Limited.

    • Periyasamy
    • Kondan Manikandan
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lokar Merchants Private Limited has fallen by -16.63%.

  • 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%.

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