Lovely Coir Foams Private Limited

Manufactures and sells coir foam mattresses and furniture products for various uses.

2013 | Mandapeta, Andhra Pradesh (India) | Active
Last Updated: July 17, 2024

Lovely Coir Foams Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.77 Cr
  • Company Age 11 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.19 Cr
  • Satisfied Charges ₹ 2.40 Cr
  • Revenue Growth -17.70%
  • Profit Growth 20.23%
  • Ebitda -5.29%
  • Net Worth 8.33%
  • Total Assets -12.92%

About Lovely Coir Foams

Lovely Coir Foams Private Limited (LCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 November 2013 and has a history of 11 years and three months. Its registered office is in Mandapeta, Andhra Pradesh, 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 4.00 Cr and a paid-up capital of Rs 3.77 Cr.

The company currently has active open charges totaling ₹7.19 Cr. The company has closed loans amounting to ₹2.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chandini Sheik, Chinna Shaik, Mastan Shaik, and One other member serve as directors at the Company.

Company Details

  • Location

    Mandapeta, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36993AP2013PTC090914

  • Company No.

    090914

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 2013

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Consumer Goods

Who are the key members and board of directors at Lovely Coir Foams?

Executive Team (1)

Name Designation Appointment Date Status
Khaja Shaik Country flag representing In Managing Director 31-Mar-2017 Current

Board Members (3)

Name Designation Appointment Date Status
Chandini Sheik Country flag representing In Director 22-Apr-2014 Current
Chinna Shaik Country flag representing In Director 10-Mar-2023 Current
Mastan Shaik Country flag representing In Director 27-Sep-2017 Current

Financial Performance of Lovely Coir Foams.

Lovely Coir Foams Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.7% decrease. The company also saw a substantial improvement in profitability, with a 20.23% increase in profit. The company's net worth moved up by a moderate rise of 8.33%.

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
-17.70%
Revenue from Operations
-17.37%
Total Assets
-12.92%
Profit or Loss
20.23%
Net Worth
8.33%
EBITDA
-5.29%

What is the Ownership and Shareholding Structure of Lovely Coir Foams?

In 2023, Lovely Coir Foams had a promoter holding of 5.95% and a public holding of 94.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.19 Cr

Satisfied Charges

₹2.40 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 7.19 Cr

Latest Charge Details

Date Lender Amount Status
13 Mar 2024 Indian Bank ₹4.00 Cr Open
29 Oct 2021 Indian Bank ₹2.60 M Open
26 Jun 2020 Indian Bank ₹5.00 M Open
31 Mar 2018 Indian Bank ₹1.00 Cr Open
31 Mar 2018 Indian Bank ₹1.43 Cr Open

How Many Employees Work at Lovely Coir Foams?

Lovely Coir Foams has a workforce of 19 employees as of Mar 23, 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 Lovely Coir Foams, 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 Lovely Coir Foams'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 Lovely Coir Foams

Recent activity within the organization

  • Charges

    A charge with Indian Bank amounted to Rs. 4.00 Cr with Charge ID 100900926 was registered on 13 Mar 2024.

    13 Mar 2024

  • Annual General Meeting

    Lovely Coir Foams Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Lovely Coir Foams Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Chinna Badurla Shaik was appointed as a Director was appointed as a Director on 10 Mar 2023 & has been associated with this company since 1 year 11 months .

    10 Mar 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 0.26 Cr with Charge ID 100494675 was registered on 29 Oct 2021.

    29 Oct 2021

  • Charges

    A charge with Indian Bank amounted to Rs. 0.50 Cr with Charge ID 100365477 was registered on 26 Jun 2020.

    26 Jun 2020

Frequently asked questions

  • Lovely Coir Foams Private Limited was incorporated on 08 Nov 2013.

  • The authorized share capital of Lovely Coir Foams Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.77 Cr.

  • Currently 4 directors are associated with Lovely Coir Foams Private Limited.

    • Chandini Sheik
    • Chinna Badurla Shaik
    • Mastan Bee Shaik
    • Khaja Rahamtulliah Shaik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lovely Coir Foams Private Limited is 34-15-39/4C Malleswari Rice Mill Opposite Lane, Mandapeta, Andhra Pradesh, India, 533308.

  • The corporate identification number (CIN) of Lovely Coir Foams Private Limited is U36993AP2013PTC090914 and the company number is 090914 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lovely Coir Foams Private Limited has fallen by -17.70%.

  • As Per 2023 financial reports, 19 employees are currently employed by Lovely Coir Foams Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lovely Coir Foams Private Limited has experienced an upsurge of 8.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lovely Coir Foams Private Limited amount to ₹ 7.19 Cr.

  • The most recent Balance Sheet for Lovely Coir Foams Private Limited was filed with the ROC on 31 Mar 2023.

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