Lokmat Media Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
- Paid Up Capital ₹ 32.15 Cr
- Company Age 51 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 49.77 Cr
- Satisfied Charges ₹ 199.83 Cr
- Revenue Growth 14.70%
- Profit Growth 50.74%
- Ebitda -0.25%
- Net Worth 12.12%
- Total Assets 12.38%
About Lokmat Media
Lokmat Media Private Limited (LMPL) was founded in India on 21 June 1973 and has a glorious history of 51 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Lokmat Newspapers Private Limited. The Company is engaged in the Media And Publishing 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 75.00 Cr and a paid-up capital of Rs 32.15 Cr.
The company currently has active open charges totaling ₹49.77 Cr. The company has closed loans amounting to ₹199.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lokmat Media Private Limited India is Minal Jain as COMPANY SECRETARY. Vijay Darda, Balaji Muley, Rishi Darda, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U99999MH1973PTC016613
- Company No.
016613
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jun 1973
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Lokmat Media?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Devendra Darda  | Managing Director | 20-May-2002 | Current |
| Rishi Darda | Managing Director | 21-Nov-2001 | Current |
| Minal Jain | Company Secretary | 16-Jan-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijay Darda | Whole-Time Director | 24-Jan-1974 | Current |
| Balaji Muley | Director | 01-Feb-2024 | Current |
| Karan Darda | Whole-Time Director | 01-Apr-2009 | Current |
Financial Performance of Lokmat Media.
Lokmat Media Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 14.7% increase. The company also saw a substantial improvement in profitability, with a 50.74% increase in profit. The company's net worth Soared by an impressive increase of 12.12%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Lokmat Media?
In 2024, Lokmat Media had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Indian Newspaper Society.Vijay Darda and Karan Darda are mutual person
Good2great Industries Private LimitedRishi Darda, Devendra Darda and 1 more are mutual person
Audit Bureau Of CirculationsKaran Darda is a mutual person
Asera Hospitality LlpVijay Darda and Devendra Darda are mutual person
- Prithvi Prakashan Private Limited
Vijay Darda, Balaji Muley and 2 more are mutual person
- Ibn Lokmat News Private Limited
Vijay Darda, Rishi Darda and 1 more are mutual person
Charges (Loans)
₹49.77 Cr
₹199.83 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 39.97 Cr
- Hdfc Bank Limited : 4.90 Cr
- Axis Bank Limited : 4.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Oct 2024 | Bank Of India | ₹4.00 M | Open |
| 28 Jun 2024 | Bank Of India | ₹0.10 M | Open |
| 28 Jun 2024 | Bank Of India | ₹0.20 M | Open |
| 20 Mar 2024 | Bank Of India | ₹3.40 M | Open |
| 16 Nov 2022 | Hdfc Bank Limited | ₹4.90 Cr | Open |
How Many Employees Work at Lokmat Media?
Lokmat Media has a workforce of 1165 employees as of Jan 11, 2025. 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 Lokmat Media, 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 Lokmat Media'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.
