Lona Industries Limited

Manufacturer of dyes and pigments for plastic, paint, textile, and ink industries with global exports.

1962 | Mumbai, Maharashtra (India) | Active
Last Updated:

Lona Industries Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 7.62 Cr
  • Company Age 62 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 36.69 Cr
  • Satisfied Charges ₹ 127.98 Cr
  • Revenue Growth -12.67%
  • Profit Growth -133.01%
  • Ebitda -75.04%
  • Net Worth -3.44%
  • Total Assets -8.20%

About Lona Industries

Lona Industries Limited (LIL) was founded in India on 27 November 1962 and has a glorious history of 62 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Lona Industries Private Limited. The Company is engaged in the Chemicals And Materials 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 12.00 Cr and a paid-up capital of Rs 7.62 Cr.

The company currently has active open charges totaling ₹36.69 Cr. The company has closed loans amounting to ₹127.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Lona Industries Limited India is Pranita Kunte as COMPANY SECRETARY. Jayant Dhote, Mangala Chavan, Vijay Shewakramani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24110MH1962PLC012526

  • Company No.

    012526

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 1962

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Lona Industries Limited offer?

Lona Industries Limited offers a wide range of products and services, including Pigments, Pigment Red, Pigment Blue, AZO Dyes, Brilliant Blue FCF, Ketones, Quinacridone, Pigment Powders, Dyes & Color Additives, Organic and Inorganic Solvents.

Who are the key members and board of directors at Lona Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Pranita Kunte Company Secretary18-Jul-2022Current
Sanjay Dhote Country flag representing In Managing Director01-Apr-1994Current

Board Members (5)

NameDesignationAppointment DateStatus
Vijay Shewakramani Country flag representing In Director 15-Feb-2019Current
Mangala Chavan Country flag representing In Director 21-Jun-2012Current
Jayant Dhote Country flag representing In Director 09-Aug-1978Current
Vaishali Dhote Country flag representing In Whole-Time Director 15-Jun-2023Current
Rajan Mahajan Country flag representing In Director 29-Oct-2021Current

Financial Performance of Lona Industries.

Lona Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.67% decrease. The company also saw a substantial fall in profitability, with a 133.01% decrease in profit. The company's net worth dipped by a decrease of 3.44%.

Lona Industries revenue growth over time
Lona Industries 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
-12.67%
Revenue from Operations
-12.11%
Total Assets
-8.20%
Profit or Loss
-133.01%
Net Worth
-3.44%
EBITDA
-75.04%

What is the Ownership and Shareholding Structure of Lona Industries?

In 2023, Lona Industries 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)

Open Charges

₹36.69 Cr

Satisfied Charges

₹127.98 Cr

Charges Breakdown by Lending Institutions

  • Others : 36.69 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2022Others₹20.00 CrOpen
10 Aug 2021Others₹0.55 MOpen
31 Jan 2020Others₹1.35 MOpen
27 Mar 2019Others₹15.00 CrOpen
14 Mar 2019Others₹1.50 CrOpen

How Many Employees Work at Lona Industries?

Lona Industries has a workforce of 262 employees as of Aug 12, 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 growth trends for Lona Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lona Industries, 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 Lona Industries'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 Lona Industries

Recent activity within the organization

  • Annual General Meeting

    Lona Industries Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Lona Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Pranita Kunal Kunte was appointed as a Company Secretary was appointed as a Company Secretary on 18 Jul 2022 & has been associated with this company since 2 years 8 months .

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100578706 was registered on 27 May 2022.

  • Charges

    A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100473224 was registered on 10 Aug 2021.

  • Charges

    A charge registered on 09 Jul 2009 via Charge ID 10168779 with Punjab National Bank was fully satisfied on 11 Dec 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Lona Industries Limited?

    Lona Industries Limited was incorporated on 27 Nov 1962.

  • What is authorized share capital and paid-up capital of Lona Industries Limited?

    The authorized share capital of Lona Industries Limited is ₹ 12.00 Cr and paid-up capital is ₹ 7.62 Cr.

  • Who are the current board members & directors of Lona Industries Limited?

    Currently 7 directors are associated with Lona Industries Limited.

    • Jayant Ramhari Dhote
    • Mangala Chavan
    • Pranita Kunal Kunte
    • Vijay Jamnomal Shewakramani
    • Sanjay Ramhari Dhote
    • Vaishali Sanjay Dhote
    • Rajan Dattatraya Mahajan

  • What is the registered address of Lona Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lona Industries Limited is Gharkul Plot No.82 Dr. M. B. Raut Marg Shivaji Park Dadar (West), India, Mumbai, Maharashtra, 400028.

  • What is the corporate identification number (CIN) and company number of Lona Industries Limited?

    The corporate identification number (CIN) of Lona Industries Limited is U24110MH1962PLC012526 and the company number is 012526 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Lona Industries Limited?

    The Official website of Lona Industries Limited is https://www.lona.com

  • What has been the recent revenue trend for Lona Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Lona Industries Limited has fallen by -12.67%.

  • How many employees does Lona Industries Limited currently have?

    As Per 2023 financial reports, 262 employees are currently employed by Lona Industries Limited.

  • What change has been observed in the net worth of Lona Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Lona Industries Limited has experienced an downturn of -3.44%.

  • What are the total open charges for Lona Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Lona Industries Limited amount to ₹ 36.69 Cr.

  • When was the last Balance Sheet of Lona Industries Limited filed with the ROC?

    The most recent Balance Sheet for Lona Industries Limited was filed with the ROC on 31 Mar 2023.

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