Longowalia Yarns Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 8.43 Cr
- Company Age 30 Year, 7 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 seven 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.
Company Details
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LocationPunjab, Punjab
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17115PB1994PLC014692
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Company No.
014692
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
09 Jun 1994
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
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.
Who are the key members and board of directors at Longowalia Yarns?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Garg
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Managing Director | 05-Jan-2001 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Virendra Bhatia
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Director Appointed In Casual Vacancy | 11-Jul-2016 | Current |
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Parmod Puri
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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%.
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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)
₹143.82 Cr
₹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.
