Lub Solutions Private Limited

Manufactures and trades lubrication systems and related electrical items.

2012 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Lub Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.15 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.20 Cr
  • Satisfied Charges ₹ 1.55 M
  • Revenue Growth 17.17%
  • Profit Growth 6.37%
  • Ebitda 50.04%
  • Net Worth 7.30%
  • Total Assets 0.73%

About Lub Solutions

Lub Solutions Private Limited (LSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 August 2012 and has a history of 12 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 0.15 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.20 Cr. The company has closed loans amounting to ₹1.55 M, as per Ministry of Corporate Affairs (MCA) records.

Krishnappa Devi, Madappa Niranjana, and Niranjan Harshitha serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lubsolutions.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29253KA2012PTC065354

  • Company No.

    065354

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 2012

  • Date of AGM

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Lub Solutions?

Board Members (3)

Name Designation Appointment Date Status
Krishnappa Devi Country flag representing In Director 19-Jun-2021 Current
Madappa Niranjana Country flag representing In Additional Director 21-Feb-2023 Current
Niranjan Harshitha Country flag representing In Additional Director 16-Feb-2024 Current

Financial Performance of Lub Solutions.

Lub Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 17.17% increase. The company also saw a slight improvement in profitability, with a 6.37% increase in profit. The company's net worth moved up by a moderate rise of 7.3%.

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
17.17%
Revenue from Operations
17.74%
Total Assets
0.73%
Profit or Loss
6.37%
Net Worth
7.30%
EBITDA
50.04%

What is the Ownership and Shareholding Structure of Lub Solutions?

In 2022, Lub Solutions 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

₹21.98 M

Satisfied Charges

₹1.55 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.20 Cr

Latest Charge Details

Date Lender Amount Status
07 Aug 2020 Canara Bank ₹2.48 M Open
02 Aug 2013 Canara Bank ₹1.95 Cr Open
21 May 2020 Canara Bank ₹1.45 M Satisfied
23 Sep 2015 Canara Bank ₹0.10 M Satisfied

How Many Employees Work at Lub Solutions?

Lub Solutions has a workforce of 36 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lub Solutions, 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 Lub Solutions'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 Lub Solutions

Recent activity within the organization

  • Annual General Meeting

    Lub Solutions Private Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

    29 Aug 2024

  • Charges

    A charge with Canara Bank of Rs. 19.50 M registered on 02 Aug 2013 with Charge ID 10447328 was modified on 21 Jun 2024.

    21 Jun 2024

  • Director Appointment

    Niranjan Harshitha was appointed as a Additional Director was appointed as a Additional Director on 16 Feb 2024 & has been associated with this company since 1 year .

    16 Feb 2024

  • Balance Sheet

    Lub Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Madappa Niranjana was appointed as a Additional Director was appointed as a Additional Director on 21 Feb 2023 & has been associated with this company since 1 year 11 months .

    21 Feb 2023

  • Charges

    A charge registered on 21 May 2020 via Charge ID 100341925 with Canara Bank was fully satisfied on 14 Jun 2022.

    14 Jun 2022

Frequently asked questions

  • Lub Solutions Private Limited was incorporated on 14 Aug 2012.

  • The authorized share capital of Lub Solutions Private Limited is ₹ 0.15 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Lub Solutions Private Limited.

    • Krishnappa Vasundhara Devi
    • Madappa Niranjana
    • Niranjan Harshitha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lub Solutions Private Limited is No 21 3Rd Main Road, N R Colony India, Bangalore, Karnataka, 560019.

  • The corporate identification number (CIN) of Lub Solutions Private Limited is U29253KA2012PTC065354 and the company number is 065354 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lub Solutions Private Limited is https://www.lubsolutions.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Lub Solutions Private Limited has risen by 17.17%.

  • As Per 2022 financial reports, 36 employees are currently employed by Lub Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Lub Solutions Private Limited has experienced an upsurge of 7.30%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Lub Solutions Private Limited amount to ₹ 2.20 Cr.

  • The most recent Balance Sheet for Lub Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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