Lotus Auto Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.50 M
- Company Age 4 Year, 2 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 (Four years and two months 23 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
- Location
Erode, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50400TZ2021PTC035594
- Company No.
035594
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Feb 2021
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Automotive
Lotus Auto Private Limited
Explore comprehensive data for Lotus Auto Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Lotus Auto?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Periyaswamy Raajashekar  | Director | 17-Feb-2021 | Current |
| Dhanalakshmi Kumar | Director | 17-Feb-2021 | Current |
| Palanimalaigounder Periyaswamy | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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
Texvalley B2b India Private LimitedPeriyaswamy Raajashekar and Dhanalakshmi Kumar are mutual person
Tejas Cars Private LimitedPeriyaswamy Raajashekar, Dhanalakshmi Kumar and 1 more are mutual person
- Fine Networking Llp
Periyaswamy Raajashekar is a mutual person
Charges (Loans)
Open Charges
₹215.70 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Lotus Auto
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 30.00 M with Charge ID 100924632 was registered on 28 Mar 2024.
- Annual General Meeting
Lotus Auto Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 90.00 M registered on 14 Nov 2022 with Charge ID 100643817 was modified on 24 May 2023.
- Balance Sheet
Lotus Auto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge with Others amounted to Rs. 10.00 M with Charge ID 100686801 was registered on 20 Jan 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 90.00 M with Charge ID 100643817 was registered on 14 Nov 2022.
Frequently asked questions
What is the Incorporation or founding date of Lotus Auto Private Limited?
Lotus Auto Private Limited was incorporated on 17 Feb 2021.
What is authorized share capital and paid-up capital of Lotus Auto Private Limited?
The authorized share capital of Lotus Auto Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.
Who are the current board members & directors of Lotus Auto Private Limited?
Currently 3 directors are associated with Lotus Auto Private Limited.
- Periyaswamy Raajashekar
- Dhanalakshmi Periaswamy Kumar
- Palanimalaigounder Periyaswamy
What is the registered address of Lotus Auto Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lotus Auto Private Limited is 37 Sathy Road India, Erode, Tamil Nadu, 638003.
What is the corporate identification number (CIN) and company number of Lotus Auto Private Limited?
The corporate identification number (CIN) of Lotus Auto Private Limited is U50400TZ2021PTC035594 and the company number is 035594 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lotus Auto Private Limited?
The Official website of Lotus Auto Private Limited is https://www.texvalleyindia.com
What has been the recent revenue trend for Lotus Auto Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Lotus Auto Private Limited has risen by 108.58%.
How many employees does Lotus Auto Private Limited currently have?
As Per 2023 financial reports, 269 employees are currently employed by Lotus Auto Private Limited.
What change has been observed in the net worth of Lotus Auto Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lotus Auto Private Limited has experienced an upsurge of 294.12%.
What are the total open charges for Lotus Auto Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Lotus Auto Private Limited amount to ₹ 21.57 Cr.
When was the last Balance Sheet of Lotus Auto Private Limited filed with the ROC?
The most recent Balance Sheet for Lotus Auto Private Limited was filed with the ROC on 31 Mar 2023.
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