Lokar Merchants Private Limited

Lokar Merchants Private Limited

Trading pulses and agro commodities since 2021, based in Tamil Nadu.
2021 | Namakkal, Tamil Nadu (India) | Active

Last Updated:

October 29, 2024
HomeCompanyLokar Merchants Private Limited

Who are the key members and board of directors at Lokar Merchants?

Board Members(2)

NameDesignationAppointment DateStatus
Periyasamy In Director 02-Feb-2021Current
Kondan Manikandan In Director 02-Feb-2021Current

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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

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.

Employee Graph

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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 10 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 10 months .

    02 Feb 2021

  • Company Incorporation

    Lokar Merchants Private Limited was registered on 02 Feb 2021 with Roc Coimbatore & aged 3 years 10 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.

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