Lotus Auto Engineering Limited

Founded in 2010 and headquartered in West Bengal, India.

2010 | Kolkata, West Bengal (India) | Active
Last Updated: December 06, 2024

Lotus Auto Engineering Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.36 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 175.00 Cr
  • Satisfied Charges ₹ 225.00 Cr
  • Revenue Growth 15.92%
  • Profit Growth 59.57%
  • Ebitda 122.42%
  • Net Worth -627.02%
  • Total Assets -0.06%

About Lotus Auto Engineering

Lotus Auto Engineering Limited (LAEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 November 2010 and has a history of 14 years and two months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Automotive 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 4.50 Cr and a paid-up capital of Rs 4.36 Cr.

The company currently has active open charges totaling ₹175.00 Cr. The company has closed loans amounting to ₹225.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Khyali Ram, Rajan Dhiman, and Rakesh Kumar serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74120WB2010PLC267057

  • Company No.

    210772

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 2010

  • Date of AGM

    31 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Automotive

Who are the key members and board of directors at Lotus Auto Engineering?

Board Members (3)

Name Designation Appointment Date Status
Rajan Dhiman Country flag representing In Director 09-Jun-2021 Current
Khyali Ram Country flag representing In Director 09-Jun-2021 Current
Rakesh Kumar Country flag representing In Director 09-Jun-2021 Current

Financial Performance of Lotus Auto Engineering.

Lotus Auto Engineering Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 15.92% increase. The company also saw a substantial improvement in profitability, with a 59.57% increase in profit. The company's net worth observed a substantial decline by a decrease of 627.02%.

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
15.92%
Revenue from Operations
15.92%
Total Assets
-0.06%
Profit or Loss
59.57%
Net Worth
-627.02%
EBITDA
122.42%

What is the Ownership and Shareholding Structure of Lotus Auto Engineering?

In 2019, Lotus Auto Engineering 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

₹175.00 Cr

Satisfied Charges

₹225.00 Cr

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 100.00 Cr
  • Saraswat Co-Operative Bank Limited : 75.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Nov 2011 Saraswat Co-Operative Bank Limited ₹75.00 Cr Open
30 Aug 2011 Central Bank Of India ₹100.00 Cr Open
31 Dec 2015 Oriental Bank Of Commerce ₹50.00 Cr Satisfied
29 Sep 2011 Oriental Bank Of Commerce ₹175.00 Cr Satisfied

How Many Employees Work at Lotus Auto Engineering?

Lotus Auto Engineering has a workforce of 9 employees as of Mar 27, 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 Lotus Auto Engineering, 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 Auto Engineering'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 Lotus Auto Engineering

Recent activity within the organization

  • Annual General Meeting

    Lotus Auto Engineering Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records.

    31 Jul 2024

  • Balance Sheet

    Lotus Auto Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 31 Dec 2015 via Charge ID 10614202 with Oriental Bank Of Commerce was fully satisfied on 20 Oct 2022.

    20 Oct 2022

  • Charges

    A charge registered on 29 Sep 2011 via Charge ID 10316397 with Oriental Bank Of Commerce was fully satisfied on 20 Oct 2022.

    20 Oct 2022

  • Director Appointment

    Khyali Ram was appointed as a Director was appointed as a Director on 09 Jun 2021 & has been associated with this company since 3 years 7 months .

    09 Jun 2021

  • Director Appointment

    Rajan Dhiman was appointed as a Director was appointed as a Director on 09 Jun 2021 & has been associated with this company since 3 years 7 months .

    09 Jun 2021

Frequently asked questions

  • Lotus Auto Engineering Limited was incorporated on 25 Nov 2010.

  • The authorized share capital of Lotus Auto Engineering Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.36 Cr.

  • Currently 3 directors are associated with Lotus Auto Engineering Limited.

    • Khyali Ram
    • Rajan Dhiman
    • Rakesh Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lotus Auto Engineering Limited is 62 Hazra Road India, Kolkata, West Bengal, 700019.

  • The corporate identification number (CIN) of Lotus Auto Engineering Limited is U74120WB2010PLC267057 and the company number is 210772 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lotus Auto Engineering Limited is https://www.lotus-auto.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Lotus Auto Engineering Limited has risen by 15.92%.

  • As Per 2019 financial reports, 9 employees are currently employed by Lotus Auto Engineering Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Lotus Auto Engineering Limited has experienced an downturn of -627.02%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Lotus Auto Engineering Limited amount to ₹ 175.00 Cr.

  • The most recent Balance Sheet for Lotus Auto Engineering Limited was filed with the ROC on 31 Mar 2024.

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