Lona Industries Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 7.62 Cr
- Company Age 62 Year, 2 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 two 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pranita Kunte | Company Secretary | 18-Jul-2022 | Current |
Sanjay Dhote  | Managing Director | 01-Apr-1994 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijay Shewakramani | Director | 15-Feb-2019 | Current |
| Mangala Chavan | Director | 21-Jun-2012 | Current |
| Jayant Dhote | Director | 09-Aug-1978 | Current |
| Vaishali Dhote | Whole-Time Director | 15-Jun-2023 | Current |
| Rajan Mahajan | Director | 29-Oct-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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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.
Related Corporates (Common Directorship)
Peddington Lubricants & Coatings Private LimitedRajan Mahajan is a mutual person
Bright Lands Hotel Pvt LtdVijay Shewakramani is a mutual person
Altaroma Chemicals Private LimitedJayant Dhote and Sanjay Dhote are mutual person
Alta Laboratories LimitedJayant Dhote and Sanjay Dhote are mutual person
Alta Leasing And Finance LimitedJayant Dhote is a mutual person
- Alta Securities Limited
Jayant Dhote is a mutual person
Charges (Loans)
₹36.69 Cr
₹127.98 Cr
Charges Breakdown by Lending Institutions
- Others : 36.69 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2022 | Others | ₹20.00 Cr | Open |
| 10 Aug 2021 | Others | ₹0.55 M | Open |
| 31 Jan 2020 | Others | ₹1.35 M | Open |
| 27 Mar 2019 | Others | ₹15.00 Cr | Open |
| 14 Mar 2019 | Others | ₹1.50 Cr | Open |
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.
Deals i
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
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.
