Lolark Polytex Private Limited

This company manufactures polypropylene woven fabric bags for packaging in various industries.

2003 | Varanasi, Uttar Pradesh (India) | Active
Last Updated:

Lolark Polytex Profile

Key Indicators

  • Authorised Capital ₹ 3.15 Cr
  • Paid Up Capital ₹ 2.82 Cr
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 114.69 Cr
  • Satisfied Charges ₹ 16.63 Cr
  • Revenue Growth 59.27%
  • Profit Growth 14.01%
  • Ebitda -4.69%
  • Net Worth 4.62%
  • Total Assets -2.44%

About Lolark Polytex

Lolark Polytex Private Limited (LPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 June 2003 and has a history of 21 years and ten months. Its registered office is in Varanasi, Uttar Pradesh, India.

The Company is engaged in the Packaging 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 3.15 Cr and a paid-up capital of Rs 2.82 Cr.

The company currently has active open charges totaling ₹114.69 Cr. The company has closed loans amounting to ₹16.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kamal Agrawal, Ramavtar Mittal, and Mahendra Agrawal serve as directors at the Company.

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25202UP2003PTC027635

  • Company No.

    027635

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Packaging
Company report

Lolark Polytex Private Limited

Explore comprehensive data for Lolark Polytex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Lolark Polytex?

Board Members (3)

NameDesignationAppointment DateStatus
Kamal Agrawal Country flag representing In Director 19-Jun-2003Current
Ramavtar Mittal Country flag representing In Director 19-Jun-2003Current
Mahendra Agrawal Country flag representing In Director 27-Apr-2015Current

Financial Performance of Lolark Polytex.

Lolark Polytex Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 59.27% increase. The company also saw a substantial improvement in profitability, with a 14.01% increase in profit. The company's net worth moved up by a moderate rise of 4.62%.

Lolark Polytex revenue growth over time
Lolark Polytex 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
59.27%
Revenue from Operations
59.31%
Total Assets
-2.44%
Profit or Loss
14.01%
Net Worth
4.62%
EBITDA
-4.69%

What is the Ownership and Shareholding Structure of Lolark Polytex?

In 2021, Lolark Polytex had a promoter holding of 4.98% and a public holding of 95.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹114.69 Cr

Satisfied Charges

₹16.63 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 57.37 Cr
  • Others : 41.12 Cr
  • Hdfc Bank Limited : 16.20 Cr

Latest Charge Details

DateLenderAmountStatus
20 Nov 2023Others₹13.57 CrOpen
28 Apr 2023Hdfc Bank Limited₹2.05 MOpen
26 Sep 2022Hdfc Bank Limited₹16.00 CrOpen
29 Jul 2022Others₹0.94 MOpen
31 Dec 2021Others₹1.00 MOpen

How Many Employees Work at Lolark Polytex?

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

Employee growth trends for Lolark Polytex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lolark Polytex, 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 Lolark Polytex'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 Lolark Polytex

Recent activity within the organization

  • Annual General Meeting

    Lolark Polytex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Lolark Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Charges

    A charge with Others amounted to Rs. 13.57 Cr with Charge ID 100824273 was registered on 20 Nov 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 16.00 Cr registered on 26 Sep 2022 with Charge ID 100678916 was modified on 26 Oct 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100764847 was registered on 28 Apr 2023.

  • Charges

    A charge registered on 26 Nov 2021 via Charge ID 100513360 with Others was fully satisfied on 30 Jan 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Lolark Polytex Private Limited?

    Lolark Polytex Private Limited was incorporated on 19 Jun 2003.

  • What is authorized share capital and paid-up capital of Lolark Polytex Private Limited?

    The authorized share capital of Lolark Polytex Private Limited is ₹ 3.15 Cr and paid-up capital is ₹ 2.82 Cr.

  • Who are the current board members & directors of Lolark Polytex Private Limited?

    Currently 3 directors are associated with Lolark Polytex Private Limited.

    • Kamal Kumar Agrawal
    • Ramavtar Mittal
    • Mahendra Kumar Agrawal

  • What is the registered address of Lolark Polytex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lolark Polytex Private Limited is 244 Patanva Industrial Area Ram Nagar, India, Chandauli, Uttar Pradesh, 221008.

  • What is the corporate identification number (CIN) and company number of Lolark Polytex Private Limited?

    The corporate identification number (CIN) of Lolark Polytex Private Limited is U25202UP2003PTC027635 and the company number is 027635 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Lolark Polytex Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Lolark Polytex Private Limited has risen by 59.27%.

  • What change has been observed in the net worth of Lolark Polytex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Lolark Polytex Private Limited has experienced an upsurge of 4.62%.

  • What are the total open charges for Lolark Polytex Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Lolark Polytex Private Limited amount to ₹ 114.69 Cr.

  • When was the last Balance Sheet of Lolark Polytex Private Limited filed with the ROC?

    The most recent Balance Sheet for Lolark Polytex Private Limited was filed with the ROC on 31 Mar 2024.

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