Lotus Ornaments Private Limited

Manufacturer and exporter of high-end diamond-studded gold and platinum jewelry with custom designs.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: June 17, 2024

Lotus Ornaments Profile

Key Indicators

  • Authorised Capital ₹ 29.70 Cr
  • Paid Up Capital ₹ 27.44 Cr
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 150.71 Cr
  • Satisfied Charges ₹ 52.26 Cr
  • Revenue Growth -2.64%
  • Profit Growth -8.83%
  • Ebitda 40.65%
  • Net Worth 0.52%
  • Total Assets 3.55%

About Lotus Ornaments

Lotus Ornaments Private Limited (LOPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 March 2004 and has a history of 20 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Goods 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 29.70 Cr and a paid-up capital of Rs 27.44 Cr.

The company currently has active open charges totaling ₹150.71 Cr. The company has closed loans amounting to ₹52.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Lotus Ornaments Private Limited India is Jay Bhatt as COMPANY SECRETARY. Digamber Sawant and Sameer Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51397MH2004PTC145442

  • Company No.

    145442

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

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

Executive Team (1)

Name Designation Appointment Date Status
Jay Bhatt Country flag representing In Company Secretary 01-Mar-2019 Current

Board Members (2)

Name Designation Appointment Date Status
Digamber Sawant Country flag representing In Director 21-Mar-2018 Current
Sameer Shah Country flag representing In Director 30-Mar-2004 Current

Financial Performance of Lotus Ornaments.

Lotus Ornaments Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.64% decrease. The company also saw a slight decrease in profitability, with a 8.83% decrease in profit. The company's net worth moved up by a moderate rise of 0.52%.

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
-2.64%
Revenue from Operations
-2.36%
Total Assets
3.55%
Profit or Loss
-8.83%
Net Worth
0.52%
EBITDA
40.65%

What is the Ownership and Shareholding Structure of Lotus Ornaments?

In 2023, Lotus Ornaments 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

₹150.71 Cr

Satisfied Charges

₹52.26 Cr

Charges Breakdown by Lending Institutions

  • Others : 119.04 Cr
  • State Bank Of India : 31.59 Cr
  • Punjab National Bank : 0.08 Cr

Latest Charge Details

Date Lender Amount Status
26 Apr 2022 Others ₹3.70 Cr Open
26 Apr 2022 Others ₹7.74 Cr Open
23 Mar 2022 State Bank Of India ₹1.97 Cr Open
29 Jan 2022 Others ₹1.35 Cr Open
08 Jul 2021 Others ₹15.60 Cr Open

How Many Employees Work at Lotus Ornaments?

Lotus Ornaments has a workforce of 2 employees as of Apr 06, 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 Ornaments, 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 Ornaments'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 Ornaments

Recent activity within the organization

  • Annual General Meeting

    Lotus Ornaments Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 18 Dec 2020 via Charge ID 100398806 with Others was fully satisfied on 31 Mar 2023.

    31 Mar 2023

  • Charges

    A charge registered on 25 Nov 2020 via Charge ID 100396753 with State Bank Of India was fully satisfied on 31 Mar 2023.

    31 Mar 2023

  • Balance Sheet

    Lotus Ornaments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 25.67 Cr registered on 05 Feb 2019 with Charge ID 100248645 was modified on 30 Jun 2022.

    30 Jun 2022

  • Charges

    A charge with Others amounted to Rs. 3.70 Cr with Charge ID 100572887 was registered on 26 Apr 2022.

    26 Apr 2022

Frequently asked questions

  • Lotus Ornaments Private Limited was incorporated on 30 Mar 2004.

  • The authorized share capital of Lotus Ornaments Private Limited is ₹ 29.70 Cr and paid-up capital is ₹ 27.44 Cr.

  • Currently 3 directors are associated with Lotus Ornaments Private Limited.

    • Jay Manoj Bhatt
    • Digamber Bajrang Sawant
    • Sameer Himmatlal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lotus Ornaments Private Limited is Dc 7010A Bharat Diamond Bourse G Block Bandra Kurla Complex Opp. Nabard Head OfficeB, Andra (E), Mumbai, Maharashtra, India, 400051.

  • The corporate identification number (CIN) of Lotus Ornaments Private Limited is U51397MH2004PTC145442 and the company number is 145442 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lotus Ornaments Private Limited is https://www.lotusornaments.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lotus Ornaments Private Limited has fallen by -2.64%.

  • As Per 2023 financial reports, 2 employees are currently employed by Lotus Ornaments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lotus Ornaments Private Limited has experienced an upsurge of 0.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lotus Ornaments Private Limited amount to ₹ 150.71 Cr.

  • The most recent Balance Sheet for Lotus Ornaments Private Limited was filed with the ROC on 31 Mar 2023.

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