Lotus Wears Private Limited

Ready-made garment trading company specializing in men's, women's, and children's wear made from various materials.

2006 | Rajasthan, Rajasthan (India) | Active
Last Updated: December 12, 2024

Lotus Wears Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.09 M
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.56 Cr
  • Satisfied Charges ₹ 0.50 M
  • Revenue Growth 3.48%
  • Profit Growth 20.19%
  • Ebitda -27.16%
  • Net Worth -6.96%
  • Total Assets 15.37%

About Lotus Wears

Lotus Wears Private Limited (LWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 March 2006 and has a history of 18 years and 11 months. Its registered office is in Rajasthan, Rajasthan.

The Company is engaged in the Fashion And Textile 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 1.09 M.

The company currently has active open charges totaling ₹2.56 Cr. The company has closed loans amounting to ₹0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ashu Bhadada, Amit Bhadada, Mohit Bhadada, and One other member serve as directors at the Company.

Company Details

  • Location Rajasthan, Rajasthan
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101RJ2006PTC022280

  • Company No.

    022280

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Fashion and Textile

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

Board Members (4)

NameDesignationAppointment DateStatus
Mohit Bhadada Country flag representing In Director 24-Mar-2006Current
Ashu Bhadada Country flag representing In Director 01-Jun-2007Current
Amit Bhadada Country flag representing In Director 24-Mar-2006Current
Rashmi Bhadada Country flag representing In Director 27-Jun-2009Current

Financial Performance of Lotus Wears.

Lotus Wears Private Limited, for the financial year ended 2016, experienced modest growth in revenue, with a 3.48% increase. The company also saw a substantial improvement in profitability, with a 20.19% increase in profit. The company's net worth dipped by a decrease of 6.96%.

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
3.48%
Revenue from Operations
3.24%
Total Assets
15.37%
Profit or Loss
20.19%
Net Worth
-6.96%
EBITDA
-27.16%

What is the Ownership and Shareholding Structure of Lotus Wears?

In 2017, Lotus Wears 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

₹25.55 M

Satisfied Charges

₹0.50 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 2.23 Cr
  • Hdfc Bank Limited : 0.33 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jun 2024Hdfc Bank Limited₹1.10 MOpen
21 May 2024Hdfc Bank Limited₹2.20 MOpen
13 Nov 2013Punjab National Bank₹1.25 MOpen
04 Sep 2008Punjab National Bank₹1.00 MOpen
13 Aug 2007Punjab National Bank₹1.45 CrOpen

How Many Employees Work at Lotus Wears?

Lotus Wears has a workforce of 19 employees as of Apr 10, 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 Wears, 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 Wears'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 Wears

Recent activity within the organization

  • Annual General Meeting

    Lotus Wears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.10 M with Charge ID 100970315 was registered on 13 Jun 2024.

    13 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.20 M with Charge ID 100942240 was registered on 21 May 2024.

    21 May 2024

  • Balance Sheet

    Lotus Wears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Punjab National Bank of Rs. 14.50 M registered on 13 Aug 2007 with Charge ID 10065154 was modified on 31 Mar 2014.

    31 Mar 2014

  • Charges

    A charge with Punjab National Bank amounted to Rs. 1.25 M with Charge ID 10460993 was registered on 13 Nov 2013.

    13 Nov 2013

Frequently asked questions

  • Lotus Wears Private Limited was incorporated on 24 Mar 2006.

  • The authorized share capital of Lotus Wears Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.09 M.

  • Currently 4 directors are associated with Lotus Wears Private Limited.

    • Ashu Bhadada
    • Amit Bhadada
    • Mohit Bhadada
    • Rashmi Bhadada
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lotus Wears Private Limited is Sajjan Plazabhadada Garden Bhilwara India, Rajasthan.

  • The corporate identification number (CIN) of Lotus Wears Private Limited is U18101RJ2006PTC022280 and the company number is 022280 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Lotus Wears Private Limited has risen by 3.48%.

  • As Per 2016 financial reports, 19 employees are currently employed by Lotus Wears Private Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Lotus Wears Private Limited has experienced an downturn of -6.96%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Lotus Wears Private Limited amount to ₹ 2.56 Cr.

  • The most recent Balance Sheet for Lotus Wears Private Limited was filed with the ROC on 31 Mar 2024.

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