Lorven Hydraulic Private Limited

Manufactures hydraulic components for tractors, automobiles, and material handling equipment according to OE specifications.

2016 | Rajkot, Gujarat (India) | Active
Last Updated: December 26, 2024

Lorven Hydraulic Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 9 Year, 7 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.67 Cr
  • Satisfied Charges ₹ 1.76 Cr
  • Revenue Growth 13.35%
  • Profit Growth -4.92%
  • Ebitda 29.57%
  • Net Worth 36.92%
  • Total Assets 47.80%

About Lorven Hydraulic

Lorven Hydraulic Private Limited (LHPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 February 2016 (Nine years 7 days old ). Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹17.67 Cr. The company has closed loans amounting to ₹1.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pravinaben Kaneriya, Pravinkumar Kaneriya, Vasu Kaneriya, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29222GJ2016PTC086015

  • Company No.

    086015

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Lorven Hydraulic Private Limited offer?

Lorven Hydraulic Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Industrial Valves, Hydraulic Spool Valve, Hydraulic Cylinders, Seal Kit, Cylinder Kit, Hydraulic Cylinder Assembly, Hydraulic Valves, Industrial Pipe & Tube Fittings, Industrial Coupling.

Who are the key members and board of directors at Lorven Hydraulic?

Board Members (4)

Name Designation Appointment Date Status
Pravinaben Kaneriya Country flag representing In Director 09-Feb-2016 Current
Pravinkumar Kaneriya Country flag representing In Director 09-Feb-2016 Current
Vasu Kaneriya Country flag representing In Director 07-Sep-2021 Current
Atulkumar Ladani Country flag representing In Director 08-May-2023 Current

Financial Performance of Lorven Hydraulic.

Lorven Hydraulic Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.35% increase. The company also saw a slight decrease in profitability, with a 4.92% decrease in profit. The company's net worth Soared by an impressive increase of 36.92%.

Graph illustrating revenue growth over time
Graph showing 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
13.35%
Revenue from Operations
13.65%
Total Assets
47.80%
Profit or Loss
-4.92%
Net Worth
36.92%
EBITDA
29.57%

What is the Ownership and Shareholding Structure of Lorven Hydraulic?

In 2022, Lorven Hydraulic 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

₹176.68 M

Satisfied Charges

₹17.60 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.25 Cr
  • Sidbi : 7.42 Cr

Latest Charge Details

Date Lender Amount Status
10 Aug 2023 Hdfc Bank Limited ₹2.87 M Open
05 May 2023 Sidbi ₹7.42 Cr Open
02 Mar 2022 Hdfc Bank Limited ₹4.21 M Open
09 Mar 2018 Hdfc Bank Limited ₹9.54 Cr Open
04 Mar 2016 Others ₹1.76 Cr Satisfied

How Many Employees Work at Lorven Hydraulic?

Lorven Hydraulic has a workforce of 97 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lorven Hydraulic, 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 Lorven Hydraulic'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 Lorven Hydraulic

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Lorven Hydraulic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.87 M with Charge ID 100766519 was registered on 10 Aug 2023.

    10 Aug 2023

  • Charges

    A charge with Sidbi of Rs. 74.18 M registered on 05 May 2023 with Charge ID 100719780 was modified on 13 Jul 2023.

    13 Jul 2023

  • Director Appointment

    Atulkumar Jivalal Ladani was appointed as a Director was appointed as a Director on 08 May 2023 & has been associated with this company since 1 year 9 months .

    08 May 2023

  • Charges

    A charge with Sidbi amounted to Rs. 74.18 M with Charge ID 100719780 was registered on 05 May 2023.

    05 May 2023

Frequently asked questions

  • Lorven Hydraulic Private Limited was incorporated on 09 Feb 2016.

  • The authorized share capital of Lorven Hydraulic Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 4 directors are associated with Lorven Hydraulic Private Limited.

    • Pravinaben Pravinkumar Kaneriya
    • Pravinkumar Savjibhai Kaneriya
    • Vasu Pravinbhai Kaneriya
    • Atulkumar Jivalal Ladani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lorven Hydraulic Private Limited is R. S. No. 718 720 Nr. Polymers Ribda Road, Village Khambha India, Lodhika, Gujarat, 360035.

  • The corporate identification number (CIN) of Lorven Hydraulic Private Limited is U29222GJ2016PTC086015 and the company number is 086015 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lorven Hydraulic Private Limited is https://www.lorvenhydraulic.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Lorven Hydraulic Private Limited has risen by 13.35%.

  • As Per 2022 financial reports, 97 employees are currently employed by Lorven Hydraulic Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Lorven Hydraulic Private Limited has experienced an upsurge of 36.92%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Lorven Hydraulic Private Limited amount to ₹ 17.67 Cr.

  • The most recent Balance Sheet for Lorven Hydraulic Private Limited was filed with the ROC on 31 Mar 2024.