Lotus Auto Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.50 M
- Company Age 3 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 21.57 Cr
- Revenue Growth 108.58%
- Profit Growth 391.03%
- Ebitda 34.97%
- Net Worth 294.12%
- Total Assets 86.91%
About Lotus Auto
Lotus Auto Private Limited (LAPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 February 2021 (Three years and 11 months 21 days old ). Its registered office is in Erode, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹21.57 Cr.
Periyaswamy Raajashekar, Dhanalakshmi Kumar, and Palanimalaigounder Periyaswamy serve as directors at the Company.
Company Details
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Location
Erode, Tamil Nadu, India
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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
U50400TZ2021PTC035594
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Company No.
035594
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Feb 2021
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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 Coimbatore
Industry
Who are the key members and board of directors at Lotus Auto?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Periyaswamy Raajashekar
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Director | 17-Feb-2021 | Current |
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Dhanalakshmi Kumar
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Director | 17-Feb-2021 | Current |
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Palanimalaigounder Periyaswamy
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Director | 17-Feb-2021 | Current |
Financial Performance of Lotus Auto.
Lotus Auto Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 108.58% increase. The company also saw a substantial improvement in profitability, with a 391.03% increase in profit. The company's net worth Soared by an impressive increase of 294.12%.
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What is the Ownership and Shareholding Structure of Lotus Auto?
In 2023, Lotus Auto 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)
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Texvalley Market LimitedPeriyaswamy Raajashekar, Dhanalakshmi Kumar and 1 more are mutual person
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Texvalley B2b India Private LimitedPeriyaswamy Raajashekar and Dhanalakshmi Kumar are mutual person
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Erode Textile Mall Private LimitedPeriyaswamy Raajashekar, Dhanalakshmi Kumar and 1 more are mutual person
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Tejas Cars Private LimitedPeriyaswamy Raajashekar, Dhanalakshmi Kumar and 1 more are mutual person
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Fine Networking LlpPeriyaswamy Raajashekar is a mutual person
Charges (Loans)
₹215.70 M
₹0
Charges Breakdown by Lending Institutions
- Others : 12.57 Cr
- Hdfc Bank Limited : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2024 | Others | ₹3.00 Cr | Open |
| 20 Jan 2023 | Others | ₹1.00 Cr | Open |
| 14 Nov 2022 | Hdfc Bank Limited | ₹9.00 Cr | Open |
| 28 Sep 2021 | Others | ₹8.57 Cr | Open |
How Many Employees Work at Lotus Auto?
Lotus Auto has a workforce of 269 employees as of Apr 07, 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 Lotus Auto, 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'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.