Lotus Abrasive Tech (India) Private Limited
Manufactures abrasive tools since 2011, based in Andhra Pradesh.
2011 | Prakasam, Andhra Pradesh (India) | Active
Lotus Abrasive Tech (India) Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.37 Cr
- Company Age 13 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.30 Cr
- Satisfied Charges ₹ 4.29 Cr
- Revenue Growth -22.76%
- Profit Growth 973.94%
- Ebitda -20.53%
- Net Worth 0.22%
- Total Assets 1.26%
About Lotus Abrasive Tech (India)
Lotus Abrasive Tech (India) Private Limited (LATIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 November 2011 and has a history of 13 years and three months. Its registered office is in Prakasam, Andhra Pradesh, 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 1.50 Cr and a paid-up capital of Rs 1.37 Cr.
The company currently has active open charges totaling ₹1.30 Cr. The company has closed loans amounting to ₹4.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nalluri Hanumantharao and Sridevi Nalluri serve as directors at the Company.
Company Details
- Location
Prakasam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U26993AP2011PTC077623
- Company No.
077623
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Nov 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Machinery and Equipment
Lotus Abrasive Tech (India) Private Limited
Explore comprehensive data for Lotus Abrasive Tech (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Lotus Abrasive Tech (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sridevi Nalluri  | Managing Director | 23-Nov-2011 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nalluri Hanumantharao | Director | 23-Nov-2011 | Current |
Financial Performance of Lotus Abrasive Tech (India).
Lotus Abrasive Tech (India) Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 22.76% decrease. The company also saw a substantial improvement in profitability, with a 973.94% increase in profit. The company's net worth moved up by a moderate rise of 0.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Lotus Abrasive Tech (India)?
In 2020, Lotus Abrasive Tech (India) 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)
- Sai Prakasam Housing Private Limited
Nalluri Hanumantharao is a mutual person
Charges (Loans)
Open Charges
₹1.30 Cr
Satisfied Charges
₹4.29 Cr
Charges Breakdown by Lending Institutions
- Others : 1.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2024 | Others | ₹1.00 Cr | Open |
| 03 Nov 2022 | Others | ₹3.00 M | Open |
| 24 Aug 2020 | Others | ₹1.00 M | Satisfied |
| 18 Jul 2020 | Others | ₹3.85 M | Satisfied |
| 24 Aug 2018 | Others | ₹2.00 Cr | Satisfied |
How Many Employees Work at Lotus Abrasive Tech (India)?
Unlock and access historical data on people associated with Lotus Abrasive Tech (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lotus Abrasive Tech (India), 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 Lotus Abrasive Tech (India)'s trajectory.
Rating
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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 Lotus Abrasive Tech (India)
Recent activity within the organization
- Annual General Meeting
Lotus Abrasive Tech (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101003436 was registered on 16 Aug 2024.
- Balance Sheet
Lotus Abrasive Tech (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100655015 was registered on 03 Nov 2022.
- Charges
A charge registered on 24 Aug 2020 via Charge ID 100365809 with Others was fully satisfied on 31 Oct 2022.
- Charges
A charge registered on 18 Jul 2020 via Charge ID 100359364 with Others was fully satisfied on 31 Oct 2022.
Frequently asked questions
What is the Incorporation or founding date of Lotus Abrasive Tech (India) Private Limited?
Lotus Abrasive Tech (India) Private Limited was incorporated on 23 Nov 2011.
What is authorized share capital and paid-up capital of Lotus Abrasive Tech (India) Private Limited?
The authorized share capital of Lotus Abrasive Tech (India) Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.37 Cr.
Who are the current board members & directors of Lotus Abrasive Tech (India) Private Limited?
Currently 2 directors are associated with Lotus Abrasive Tech (India) Private Limited.
- Nalluri Hanumantharao
- Sridevi Nalluri
What is the registered address of Lotus Abrasive Tech (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lotus Abrasive Tech (India) Private Limited is D No. 20-6-95 S-2 Clasic Resirency Brundavan Nagar 4Th Crossroad Near Anj Aiah Road, India, Ongole, Andhra Pradesh, 523002.
What is the corporate identification number (CIN) and company number of Lotus Abrasive Tech (India) Private Limited?
The corporate identification number (CIN) of Lotus Abrasive Tech (India) Private Limited is U26993AP2011PTC077623 and the company number is 077623 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Lotus Abrasive Tech (India) Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Lotus Abrasive Tech (India) Private Limited has fallen by -22.76%.
What change has been observed in the net worth of Lotus Abrasive Tech (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Lotus Abrasive Tech (India) Private Limited has experienced an upsurge of 0.22%.
What are the total open charges for Lotus Abrasive Tech (India) Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Lotus Abrasive Tech (India) Private Limited amount to ₹ 1.30 Cr.
When was the last Balance Sheet of Lotus Abrasive Tech (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Lotus Abrasive Tech (India) Private Limited was filed with the ROC on 31 Mar 2024.
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