Lotus Hometextiles Profile
Key Indicators
- Authorised Capital ₹ 1,800.00 Cr
- Paid Up Capital ₹ 286.44 Cr
- Company Age 18 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 208.57 Cr
- Revenue Growth -12.83%
- Profit Growth -56.33%
- Ebitda -79.69%
- Net Worth 2.14%
- Total Assets -3.28%
About Lotus Hometextiles
Lotus Hometextiles Limited (LHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 November 2006 and has a history of 18 years and two months. Its registered office is in Barnala, Punjab, India.
The Corporate was formerly known as Creativeline Textiles Limited. The Company is engaged in the Financial Services 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 1,800.00 Cr and a paid-up capital of Rs 286.44 Cr.
The company has closed loans amounting to ₹208.57 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lotus Hometextiles Limited India is Alka Mishra as COMPANY SECRETARY. Rupinder Gupta, Suraj Setia, Ashok Puri, and One other member serve as directors at the Company.
Company Details
- Location
Barnala, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U74999PB2006PLC030716
- Company No.
030716
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Nov 2006
- Date of AGM
16 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Lotus Hometextiles?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rupinder Gupta  | Managing Director | 30-Dec-2022 | Current |
| Alka Mishra | Company Secretary | 11-Jul-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suraj Setia | Director | 09-Jul-2022 | Current |
| Ashok Puri | Director | 09-Jul-2022 | Current |
| Ambreen Virk | Director | 06-Nov-2020 | Current |
Financial Performance of Lotus Hometextiles.
Lotus Hometextiles Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.83% decrease. The company also saw a substantial fall in profitability, with a 56.33% decrease in profit. The company's net worth moved up by a moderate rise of 2.14%.
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What is the Ownership and Shareholding Structure of Lotus Hometextiles?
In 2023, Lotus Hometextiles had a promoter holding of 49.16% and a public holding of 50.84%. The company had 5 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Citrus Global Enterprises LimitedRupinder Gupta is a mutual person
Trident Global Corp LimitedAmbreen Virk is a mutual person
Trident Institute Of Social SciencesRupinder Gupta is a mutual person
Trident Group LimitedSuraj Setia is a mutual person
Skipperseil LimitedAshok Puri is a mutual person
Himalayan Ayurvedic And Agro Research Centre LtdRupinder Gupta is a mutual person
Charges (Loans)
₹0
₹208.57 Cr
Charges Breakdown by Lending Institutions
- Punjab National Bank : 191.57 Cr
- State Bank Of Patiala : 17.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2015 | Punjab National Bank | ₹0.67 M | Satisfied |
| 26 Sep 2012 | Punjab National Bank | ₹62.00 Cr | Satisfied |
| 21 Feb 2012 | State Bank Of Patiala | ₹17.00 Cr | Satisfied |
| 08 Nov 2011 | Punjab National Bank | ₹2.00 Cr | Satisfied |
| 27 Jun 2011 | Punjab National Bank | ₹86.00 Cr | Satisfied |
How Many Employees Work at Lotus Hometextiles?
Lotus Hometextiles has a workforce of 593 employees as of Apr 04, 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 Hometextiles, 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 Hometextiles'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.
