Longowalia Yarns Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 8.43 Cr
- Company Age 30 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 143.82 Cr
- Satisfied Charges ₹ 293.53 Cr
- Revenue Growth -26.41%
- Profit Growth -72.99%
- Ebitda -21.76%
- Net Worth 1.01%
- Total Assets -0.64%
About Longowalia Yarns
Longowalia Yarns Limited (LYL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 June 1994 and has a history of 30 years and ten months. Its registered office is in Punjab, Punjab.
The Corporate was formerly known as Amarson Yarns Limited. The Company is engaged in the Manufacturing 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 15.00 Cr and a paid-up capital of Rs 8.43 Cr.
The company currently has active open charges totaling ₹143.82 Cr. The company has closed loans amounting to ₹293.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Garg, Virendra Bhatia, and Parmod Puri serve as directors at the Company.
Company Details
- Location Punjab, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17115PB1994PLC014692
- Company No.
014692
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Jun 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
What products or services does Longowalia Yarns Limited offer?
Longowalia Yarns Limited offers a wide range of products and services, including Yarns & Threads, Yarn, Cotton Yarn, Compact Cotton Yarn, Industrial Fabrics and Textiles, Non Woven Fabric.
Longowalia Yarns Limited
Explore comprehensive data for Longowalia Yarns Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Longowalia Yarns?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Garg  | Managing Director | 05-Jan-2001 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Virendra Bhatia | Director Appointed In Casual Vacancy | 11-Jul-2016 | Current |
| Parmod Puri | Whole-Time Director | 01-Aug-2019 | Current |
Financial Performance of Longowalia Yarns.
Longowalia Yarns Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.41% decrease. The company also saw a substantial fall in profitability, with a 72.99% decrease in profit. The company's net worth moved up by a moderate rise of 1.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Longowalia Yarns?
In 2023, Longowalia Yarns had a promoter holding of 75.18% and a public holding of 24.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹143.82 Cr
Satisfied Charges
₹293.53 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 74.61 Cr
- Axis Bank Limited : 49.21 Cr
- State Bank Of India : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2023 | Hdfc Bank Limited | ₹8.75 M | Open |
| 14 Nov 2022 | Hdfc Bank Limited | ₹2.35 M | Open |
| 27 Sep 2022 | State Bank Of India | ₹20.00 Cr | Open |
| 19 Nov 2020 | Hdfc Bank Limited | ₹2.80 M | Open |
| 27 Dec 2019 | Hdfc Bank Limited | ₹19.51 Cr | Open |
How Many Employees Work at Longowalia Yarns?
Longowalia Yarns has a workforce of 49 employees as of Mar 29, 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 Longowalia Yarns, 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 Longowalia Yarns'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.
Latest Updates, News, and FAQs on Longowalia Yarns
Recent activity within the organization
- Annual General Meeting
Longowalia Yarns Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.88 Cr with Charge ID 100736074 was registered on 20 Jun 2023.
- Balance Sheet
Longowalia Yarns Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100641936 was registered on 14 Nov 2022.
- Charges
A charge with State Bank Of India amounted to Rs. 20.00 Cr with Charge ID 100619292 was registered on 27 Sep 2022.
- Charges
A charge with Hdfc Bank Limited of Rs. 19.51 Cr registered on 27 Dec 2019 with Charge ID 100315694 was modified on 05 May 2022.
Frequently asked questions
What is the Incorporation or founding date of Longowalia Yarns Limited?
Longowalia Yarns Limited was incorporated on 09 Jun 1994.
What is authorized share capital and paid-up capital of Longowalia Yarns Limited?
The authorized share capital of Longowalia Yarns Limited is ₹ 15.00 Cr and paid-up capital is ₹ 8.43 Cr.
Who are the current board members & directors of Longowalia Yarns Limited?
Currently 3 directors are associated with Longowalia Yarns Limited.
- Sanjay Garg
- Virendra Kumar Bhatia
- Parmod Kumar Puri
What is the registered address of Longowalia Yarns Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Longowalia Yarns Limited is G.T. Road Doraha, Ludhiana India, Punjab.
What is the corporate identification number (CIN) and company number of Longowalia Yarns Limited?
The corporate identification number (CIN) of Longowalia Yarns Limited is U17115PB1994PLC014692 and the company number is 014692 as per Ministry of Corporate Affairs (MCA).
What is the official website of Longowalia Yarns Limited?
The Official website of Longowalia Yarns Limited is https://www.longowalia.com
What has been the recent revenue trend for Longowalia Yarns Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Longowalia Yarns Limited has fallen by -26.41%.
How many employees does Longowalia Yarns Limited currently have?
As Per 2023 financial reports, 49 employees are currently employed by Longowalia Yarns Limited.
What change has been observed in the net worth of Longowalia Yarns Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Longowalia Yarns Limited has experienced an upsurge of 1.01%.
What are the total open charges for Longowalia Yarns Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Longowalia Yarns Limited amount to ₹ 143.82 Cr.
When was the last Balance Sheet of Longowalia Yarns Limited filed with the ROC?
The most recent Balance Sheet for Longowalia Yarns Limited was filed with the ROC on 31 Mar 2023.
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