Lokvikas Sugar Mills Limited

Sugar processing and distribution company with various allied activities.

2001 | Aurangabad, Maharashtra (India) | Active
Last Updated: December 28, 2024

Lokvikas Sugar Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.93 Cr
  • Company Age 23 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 Cr
  • Satisfied Charges ₹ 1.24 Cr
  • Revenue Growth -99.78%
  • Profit Growth -109.23%
  • Ebitda -2961.12%
  • Net Worth -6.78%
  • Total Assets -6.68%

About Lokvikas Sugar Mills

Lokvikas Sugar Mills Limited (LSML) is a Public Limited Indian Non-Government Company incorporated in India on 24 July 2001 and has a history of 23 years and seven months. Its registered office is in Aurangabad, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.93 Cr.

The company currently has active open charges totaling ₹6.00 Cr. The company has closed loans amounting to ₹1.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aman Jadhav, Harshala Jadhav, and Eknath Jadhav serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15421MH2001PLC132842

  • Company No.

    132842

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture

Who are the key members and board of directors at Lokvikas Sugar Mills?

Board Members (3)

NameDesignationAppointment DateStatus
Aman Jadhav Country flag representing In Director 26-Oct-2023Current
Harshala Jadhav Country flag representing In Director 20-Nov-2007Current
Eknath Jadhav Country flag representing In Director 24-Jul-2001Current

Financial Performance of Lokvikas Sugar Mills.

Lokvikas Sugar Mills Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 99.78% decrease. The company also saw a substantial fall in profitability, with a 109.23% decrease in profit. The company's net worth dipped by a decrease of 6.78%.

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
-99.78%
Revenue from Operations
Total Assets
-6.68%
Profit or Loss
-109.23%
Net Worth
-6.78%
EBITDA
-2961.12%

What is the Ownership and Shareholding Structure of Lokvikas Sugar Mills?

In 2019, Lokvikas Sugar Mills had a promoter holding of 50.65% and a public holding of 49.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.00 Cr

Satisfied Charges

₹1.24 Cr

Charges Breakdown by Lending Institutions

  • Deogiri Nagari Sahakari Bank Limited : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Feb 2010Deogiri Nagari Sahakari Bank Limited₹3.00 CrOpen
16 Feb 2010Deogiri Nagari Sahakari Bank Limited₹3.00 CrOpen
08 Mar 2008Indian Overseas Bank₹1.24 CrSatisfied

How Many Employees Work at Lokvikas Sugar Mills?

Unlock and access historical data on people associated with Lokvikas Sugar Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lokvikas Sugar Mills, 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 Lokvikas Sugar Mills'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 Lokvikas Sugar Mills

Recent activity within the organization

  • Annual General Meeting

    Lokvikas Sugar Mills Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Lokvikas Sugar Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Aman Eknath Jadhav was appointed as a Director was appointed as a Director on 26 Oct 2023 & has been associated with this company since 1 year 3 months .

    26 Oct 2023

  • Charges

    A charge with Deogiri Nagari Sahakari Bank Limited of Rs. 3.00 Cr registered on 25 Feb 2010 with Charge ID 10205334 was modified on 07 Apr 2010.

    07 Apr 2010

  • Charges

    A charge with Deogiri Nagari Sahakari Bank Limited of Rs. 3.00 Cr registered on 16 Feb 2010 with Charge ID 10205333 was modified on 06 Apr 2010.

    06 Apr 2010

  • Charges

    A charge with Deogiri Nagari Sahakari Bank Limited amounted to Rs. 3.00 Cr with Charge ID 10205334 was registered on 25 Feb 2010.

    25 Feb 2010

Frequently asked questions

  • Lokvikas Sugar Mills Limited was incorporated on 24 Jul 2001.

  • The authorized share capital of Lokvikas Sugar Mills Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.93 Cr.

  • Currently 3 directors are associated with Lokvikas Sugar Mills Limited.

    • Aman Eknath Jadhav
    • Harshala Eknath Jadhav
    • Eknath Khanderao Jadhav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lokvikas Sugar Mills Limited is Plot No. 2 'Srinath' Srinath Nagar Opp. S.F.S.School Jalna Road, India, Aurangabad, Maharashtra, 431001.

  • The corporate identification number (CIN) of Lokvikas Sugar Mills Limited is U15421MH2001PLC132842 and the company number is 132842 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Lokvikas Sugar Mills Limited has fallen by -99.78%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Lokvikas Sugar Mills Limited has experienced an downturn of -6.78%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Lokvikas Sugar Mills Limited amount to ₹ 6.00 Cr.

  • The most recent Balance Sheet for Lokvikas Sugar Mills Limited was filed with the ROC on 31 Mar 2024.

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