Lovely Industries Private Limited

Textile trading and manufacturing company specializing in yarns and fibers, established in 2011.

2011 | Ludhiana, Punjab (India) | Active
Last Updated: November 15, 2024

Lovely Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.32 M
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.77 Cr
  • Revenue Growth 7.26%
  • Profit Growth -5.47%
  • Ebitda -18.48%
  • Net Worth 25.48%
  • Total Assets 16.11%

About Lovely Industries

Lovely Industries Private Limited (LIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 November 2011 and has a history of 13 years and two months. Its registered office is in Ludhiana, Punjab, 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 1.00 Cr and a paid-up capital of Rs 6.32 M.

The company currently has active open charges totaling ₹8.77 Cr.

Ashwani Kumar, Manila Passi, Radha Passi, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17290PB2011PTC035656

  • Company No.

    035656

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Lovely Industries Private Limited offer?

Lovely Industries Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Apparel & Clothing Fabric, Cotton Textile, Natural Fabric, Polyester Textile, Fabric, Jersey & Knitted Fabric.

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

Board Members (4)

Name Designation Appointment Date Status
Ashwani Kumar Country flag representing In Whole-Time Director 18-Nov-2011 Current
Manila Passi Country flag representing In Whole-Time Director 18-Nov-2011 Current
Radha Passi Country flag representing In Whole-Time Director 18-Nov-2011 Current
Sanjeev Passi Country flag representing In Whole-Time Director 18-Nov-2011 Current

Financial Performance of Lovely Industries.

Lovely Industries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.26% increase. The company also saw a slight decrease in profitability, with a 5.47% decrease in profit. The company's net worth Soared by an impressive increase of 25.48%.

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
7.26%
Revenue from Operations
5.35%
Total Assets
16.11%
Profit or Loss
-5.47%
Net Worth
25.48%
EBITDA
-18.48%

What is the Ownership and Shareholding Structure of Lovely Industries?

In 2023, Lovely Industries had a promoter holding of 57.14% and a public holding of 42.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.77 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.27 Cr
  • Others : 2.12 Cr
  • Oriental Bank Of Commerce : 0.38 Cr

Latest Charge Details

Date Lender Amount Status
10 Jun 2019 Hdfc Bank Limited ₹6.27 Cr Open
15 Jun 2016 Others ₹1.02 Cr Open
25 Jul 2015 Oriental Bank Of Commerce ₹1.20 M Open
25 Jul 2015 Others ₹1.10 Cr Open
25 Jul 2015 Oriental Bank Of Commerce ₹2.61 M Open

How Many Employees Work at Lovely Industries?

Unlock and access historical data on people associated with Lovely Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lovely Industries, 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 Industries'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 Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Lovely Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 6.27 Cr registered on 10 Jun 2019 with Charge ID 100272693 was modified on 30 Jul 2022.

    30 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.27 Cr with Charge ID 100272693 was registered on 10 Jun 2019.

    10 Jun 2019

  • Charges

    A charge with Others of Rs. 1.10 Cr registered on 25 Jul 2015 with Charge ID 10586705 was modified on 22 Jan 2019.

    22 Jan 2019

  • Charges

    A charge with Others amounted to Rs. 1.02 Cr with Charge ID 100036568 was registered on 15 Jun 2016.

    15 Jun 2016

Frequently asked questions

  • Lovely Industries Private Limited was incorporated on 18 Nov 2011.

  • The authorized share capital of Lovely Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.32 M.

  • Currently 4 directors are associated with Lovely Industries Private Limited.

    • Ashwani Passi Kumar
    • Manila Passi
    • Radha Passi
    • Sanjeev Kumar Passi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lovely Industries Private Limited is Mata Karam Kaur Colony Opp. Amrit Dharam Kanda Tajpur Road, India, Ludhiana, Punjab, 141007.

  • The corporate identification number (CIN) of Lovely Industries Private Limited is U17290PB2011PTC035656 and the company number is 035656 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lovely Industries Private Limited has risen by 7.26%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lovely Industries Private Limited has experienced an upsurge of 25.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lovely Industries Private Limited amount to ₹ 8.77 Cr.

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