Lotus Technicals Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.00 M
- Company Age 5 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.25 Cr
- Satisfied Charges ₹ 5.11 Cr
- Revenue Growth -52.87%
- Profit Growth -12351.34%
- Ebitda -1000.56%
- Net Worth -1704.87%
- Total Assets 2.48%
About Lotus Technicals
Lotus Technicals Private Limited (LTPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 September 2019 (Five years and five months 18 days old ). Its registered office is in Thane, Maharashtra, India.
The Company is engaged in the Engineering 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 1.50 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹4.25 Cr. The company has closed loans amounting to ₹5.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Yogesh Bhatt, Ganesh Mendon, and Bobby Bhatt serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999MH2019PTC330509
- Company No.
330509
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Sep 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Engineering
Business Outsourcing
Who are the key members and board of directors at Lotus Technicals?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Bhatt  | Whole-Time Director | 29-Aug-2020 | Current |
| Ganesh Mendon | Director | 12-Sep-2019 | Current |
| Bobby Bhatt | Director | 12-Sep-2019 | Current |
Financial Performance of Lotus Technicals.
Lotus Technicals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.87% decrease. The company also saw a substantial fall in profitability, with a 12351.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1704.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lotus Technicals?
In 2023, Lotus Technicals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹42.50 M
Satisfied Charges
₹51.09 M
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 4.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2023 | Idbi Bank Limited | ₹2.02 Cr | Open |
| 21 Dec 2023 | Idbi Bank Limited | ₹2.23 Cr | Open |
| 10 Mar 2022 | Yes Bank Limited | ₹2.44 Cr | Satisfied |
| 23 Mar 2021 | Axis Bank Limited | ₹2.67 Cr | Satisfied |
How Many Employees Work at Lotus Technicals?
Lotus Technicals has a workforce of 62 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 Technicals, 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 Technicals'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.