Lube Distributing Company Private Limited

Trading lubricants and batteries for various industries and markets in Mumbai, with ISO certifications.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: January 05, 2025

Lube Distributing Company Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.14 M
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.64 Cr
  • Satisfied Charges ₹ 5.95 Cr
  • Revenue Growth -23.28%
  • Profit Growth -5.69%
  • Ebitda 20.95%
  • Net Worth 3.40%
  • Total Assets -3.58%

About Lube Distributing Company

Lube Distributing Company Private Limited (LDCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 April 2009 and has a history of 15 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Lubes Distributing Company Private Limited. The Company is engaged in the Automotive 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 M and a paid-up capital of Rs 0.14 M.

The company currently has active open charges totaling ₹4.64 Cr. The company has closed loans amounting to ₹5.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chetan Rai and Gautamsingh Bhanote serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U51109MH2009PTC191724

  • Company No.

    191724

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Lube Distributing Company?

Board Members (2)

NameDesignationAppointment DateStatus
Gautamsingh Bhanote Country flag representing In Director 16-Apr-2009Current
Chetan Rai Country flag representing In Director 16-Apr-2009Current

Financial Performance of Lube Distributing Company.

Lube Distributing Company Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 23.28% decrease. The company also saw a slight decrease in profitability, with a 5.69% decrease in profit. The company's net worth moved up by a moderate rise of 3.4%.

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
-23.28%
Revenue from Operations
-24.41%
Total Assets
-3.58%
Profit or Loss
-5.69%
Net Worth
3.40%
EBITDA
20.95%

What is the Ownership and Shareholding Structure of Lube Distributing Company?

In 2021, Lube Distributing Company 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

₹46.42 M

Satisfied Charges

₹59.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.64 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 2023Hdfc Bank Limited₹4.64 CrOpen
26 Aug 2021Others₹3.10 MSatisfied
08 Jan 2018Others₹4.14 CrSatisfied
10 Jan 2014Dena Bank₹1.50 CrSatisfied

How Many Employees Work at Lube Distributing Company?

Lube Distributing Company has a workforce of 25 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 Lube Distributing Company, 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 Lube Distributing Company'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 Lube Distributing Company

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 46.42 M registered on 09 Mar 2023 with Charge ID 100764216 was modified on 10 Oct 2024.

    10 Oct 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Lube Distributing Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 26 Aug 2021 via Charge ID 100483148 with Others was fully satisfied on 06 Jul 2023.

    06 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 46.42 M with Charge ID 100764216 was registered on 09 Mar 2023.

    09 Mar 2023

  • Charges

    A charge registered on 08 Jan 2018 via Charge ID 100149372 with Others was fully satisfied on 11 Oct 2021.

    11 Oct 2021

Frequently asked questions

  • Lube Distributing Company Private Limited was incorporated on 16 Apr 2009.

  • The authorized share capital of Lube Distributing Company Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.14 M.

  • Currently 2 directors are associated with Lube Distributing Company Private Limited.

    • Chetan Ramnath Rai
    • Gautamsingh Udaysingh Bhanote
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lube Distributing Company Private Limited is 10 Sai Sadan Co-Op Society 4Th Floor 68 Janmabhoomi Marg, Fort India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Lube Distributing Company Private Limited is U51109MH2009PTC191724 and the company number is 191724 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lube Distributing Company Private Limited is https://www.lubedistributing.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Lube Distributing Company Private Limited has fallen by -23.28%.

  • As Per 2021 financial reports, 25 employees are currently employed by Lube Distributing Company Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Lube Distributing Company Private Limited has experienced an upsurge of 3.40%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Lube Distributing Company Private Limited amount to ₹ 4.64 Cr.

  • The most recent Balance Sheet for Lube Distributing Company Private Limited was filed with the ROC on 31 Mar 2024.

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