Lotus Polytech Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 5.54 M
- Company Age 34 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 3.74 Cr
- Revenue Growth 101.02%
- Profit Growth 140.61%
- Ebitda 113.53%
- Net Worth 3.54%
- Total Assets 22.40%
About Lotus Polytech
Lotus Polytech Pvt Ltd (LPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 July 1990 and has a history of 34 years and seven months. Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Manufacturing 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 7.50 M and a paid-up capital of Rs 5.54 M.
The company has closed loans amounting to ₹3.74 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Arvindbhai Bhagat, Samir Bhagat, and Jairambhai Bhagat serve as directors at the Company.
Company Details
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Location
Surat, Gujarat, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U24232GJ1990PTC014027
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Company No.
014027
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Jul 1990
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Date of AGM
29 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Lotus Polytech?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvindbhai Bhagat
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Director | 06-Oct-2020 | Current |
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Samir Bhagat
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Director | 06-Oct-2020 | Current |
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Jairambhai Bhagat
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Director | 23-Jan-2006 | Current |
Financial Performance of Lotus Polytech.
Lotus Polytech Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 101.02% increase. The company also saw a substantial improvement in profitability, with a 140.61% increase in profit. The company's net worth moved up by a moderate rise of 3.54%.
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What is the Ownership and Shareholding Structure of Lotus Polytech?
In 2019, Lotus Polytech had a promoter holding of 100.00%. The company had 1 Associate company. 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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Care Well Rayon Pvt LtdArvindbhai Bhagat, Samir Bhagat and 1 more are mutual person
Charges (Loans)
₹0
₹37.37 M
Charges Breakdown by Lending Institutions
- The Surat People;S Co-Operative Bank Ltd. : 2.24 Cr
- The Surat Peoples Co-Op Bank Ltd. : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2008 | The Surat Peoples Co-Op Bank Ltd. | ₹5.00 M | Satisfied |
| 10 Oct 2008 | The Surat Peoples Co-Op Bank Ltd. | ₹5.00 M | Satisfied |
| 10 Oct 2008 | The Surat Peoples Co-Op Bank Ltd. | ₹5.00 M | Satisfied |
| 10 Mar 2000 | The Surat People;S Co-Operative Bank Ltd. | ₹4.00 M | Satisfied |
| 10 Mar 2000 | The Surat People;S Co-Operative Bank Ltd. | ₹4.00 M | Satisfied |
How Many Employees Work at Lotus Polytech?
Lotus Polytech has a workforce of 4 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lotus Polytech, 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 Polytech'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.
