Lotus Silks Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.50 M
- Company Age 34 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 26.68 Cr
- Satisfied Charges ₹ 30.00 Cr
- Revenue Growth %
- Profit Growth 14.96%
- Ebitda 20.08%
- Net Worth -2.59%
- Total Assets -0.93%
About Lotus Silks
Lotus Silks Private Limited (LSPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 June 1990 and has a history of 34 years and eight months. Its registered office is in Bangaluru, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹26.68 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tumkur Kumar and Muruki Sureshbabu serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17116KA1990PTC010997
- Company No.
010997
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Jun 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Manufacturing
Who are the key members and board of directors at Lotus Silks?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tumkur Kumar  | Director | 01-Sep-1997 | Current |
| Muruki Sureshbabu | Director | 31-Jul-2020 | Current |
Financial Performance of Lotus Silks.
Lotus Silks Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 14.96% increase in profit. The company's net worth dipped by a decrease of 2.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lotus Silks?
In 2023, Lotus Silks had a public holding of 0.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Bharat Home Accessories Private Limited
Muruki Sureshbabu is a mutual person
Evergreen Farm Products Private LimitedTumkur Kumar is a mutual person
- Trendy Tissues Private Limited
Muruki Sureshbabu is a mutual person
- Oriental Tissus Private Limited
Muruki Sureshbabu is a mutual person
Charges (Loans)
Open Charges
₹266.80 M
Satisfied Charges
₹300.00 M
Charges Breakdown by Lending Institutions
- Others : 26.68 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Oct 2022 | Others | ₹14.00 Cr | Open |
| 20 May 2020 | Others | ₹12.68 Cr | Open |
| 27 Jan 1995 | State Bank Of India | ₹15.00 Cr | Satisfied |
| 27 Jan 1995 | State Bank Of India | ₹15.00 Cr | Satisfied |
How Many Employees Work at Lotus Silks?
Unlock and access historical data on people associated with Lotus Silks, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lotus Silks, 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 Silks'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 Silks
Recent activity within the organization
- Annual General Meeting
Lotus Silks Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Lotus Silks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 140.00 M with Charge ID 100642559 was registered on 20 Oct 2022.
- Director Appointment
Muruki Srinivasaiah Sureshbabu was appointed as a Director was appointed as a Director on 31 Jul 2020 & has been associated with this company since 4 years 7 months .
- Charges
A charge with Others amounted to Rs. 126.80 M with Charge ID 100342417 was registered on 20 May 2020.
- Charges
A charge registered on 27 Jan 1995 via Charge ID 90196814 with State Bank Of India was fully satisfied on 08 Aug 2016.
Frequently asked questions
What is the Incorporation or founding date of Lotus Silks Private Limited?
Lotus Silks Private Limited was incorporated on 13 Jun 1990.
What is authorized share capital and paid-up capital of Lotus Silks Private Limited?
The authorized share capital of Lotus Silks Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.50 M.
Who are the current board members & directors of Lotus Silks Private Limited?
Currently 2 directors are associated with Lotus Silks Private Limited.
- Tumkur Santa Kumar Prakash Kumar
- Muruki Srinivasaiah Sureshbabu
What is the registered address of Lotus Silks Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lotus Silks Private Limited is No.526/1/05/01 Portion Of Third Floor 1St Main Rd S.R. Compound South City Road, Bannergh Atta India, Bengaluru, Karnataka, 560076.
What is the corporate identification number (CIN) and company number of Lotus Silks Private Limited?
The corporate identification number (CIN) of Lotus Silks Private Limited is U17116KA1990PTC010997 and the company number is 010997 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lotus Silks Private Limited?
The Official website of Lotus Silks Private Limited is https://www.bharatsilks.com
What change has been observed in the net worth of Lotus Silks Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lotus Silks Private Limited has experienced an downturn of -2.59%.
What are the total open charges for Lotus Silks Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Lotus Silks Private Limited amount to ₹ 26.68 Cr.
When was the last Balance Sheet of Lotus Silks Private Limited filed with the ROC?
The most recent Balance Sheet for Lotus Silks Private Limited was filed with the ROC on 31 Mar 2023.
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