Lucid Colloids Limited

This company produces and sells natural and modified guar gum and other hydrocolloids for food stabilization.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: July 05, 2024

Who are the key members and board of directors at Lucid Colloids?

Executive Team (2)

NameDesignationAppointment DateStatus
Uday Merchant Country flag representing InManaging Director23-May-1996Current
Yogesh Vaza Country flag representing InCompany Secretary01-Apr-2013Current

Board Members (4)

NameDesignationAppointment DateStatus
Shailaja Merchant Country flag representing In Whole-Time Director 23-May-1996Current
Dineshchandra Babel Country flag representing In Director 01-Sep-2023Current
Paolomi Merchant Country flag representing In Whole-Time Director 08-Jun-2022Current
Uday Thakurdesai Country flag representing In Director 01-Sep-2023Current

Financial Performance of Lucid Colloids.

Lucid Colloids Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.17% increase. The company also saw a substantial improvement in profitability, with a 719.16% increase in profit. The company's net worth moved up by a moderate rise of 9.76%.

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
62.17%
Revenue from Operations
56.60%
Total Assets
-0.40%
Profit or Loss
719.16%
Net Worth
9.76%
EBITDA
123.97%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹336.67 Cr

Satisfied Charges

₹339.36 Cr

Charges Breakdown by Lending Institutions

  • International Finance Corporation : 94.73 Cr
  • Idbi Trusteeship Services Limited : 94.73 Cr
  • Others : 91.50 Cr
  • Axis Bank Limited : 30.00 Cr
  • Yes Bank Limited : 17.00 Cr
  • Others : 8.72 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2023Yes Bank Limited₹17.00 CrOpen
15 Dec 2022Axis Bank Limited₹4.00 CrOpen
03 Dec 2022Axis Bank Limited₹26.00 CrOpen
16 Nov 2022Hdfc Bank Limited₹3.60 MOpen
17 Jun 2022Hdfc Bank Limited₹3.30 MOpen

How Many Employees Work at Lucid Colloids?

Lucid Colloids has a workforce of 240 employees as of Apr 05, 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

Rating

Alerts

Latest Updates, News, and FAQs on Lucid Colloids

Recent activity within the organization

  • Annual General Meeting

    Lucid Colloids Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 17.00 Cr with Charge ID 100799359 was registered on 27 Sep 2023.

    27 Sep 2023

  • Director Appointment

    Dineshchandra Babel was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 4 months .

    01 Sep 2023

  • Director Appointment

    Uday Vasudeo Thakurdesai was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 4 months .

    01 Sep 2023

  • Balance Sheet

    Lucid Colloids Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 26.00 Cr registered on 03 Dec 2022 with Charge ID 100655784 was modified on 17 Mar 2023.

    17 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Lucid Colloids Limited was incorporated on 23 May 1996.

  • The authorized share capital of Lucid Colloids Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.50 Cr.

  • Currently 6 directors are associated with Lucid Colloids Limited.

    • Shailaja Uday Merchant
    • Uday Chaturbhuj Merchant
    • Dineshchandra Babel
    • Paolomi Uday Merchant
    • Uday Vasudeo Thakurdesai
    • Yogesh Vasantlal Vaza
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lucid Colloids Limited is 401 Navbharat Estateszakaria Bunder Road Sewri (W), Mumbai, Maharashtra, India, 400015.

  • The corporate identification number (CIN) of Lucid Colloids Limited is U24311MH1996PLC099800 and the company number is 099800 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lucid Colloids Limited is https://www.lucidcolloids.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lucid Colloids Limited has risen by 62.17%.

  • As Per 2023 financial reports, 240 employees are currently employed by Lucid Colloids Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lucid Colloids Limited has experienced an upsurge of 9.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lucid Colloids Limited amount to ₹ 336.67 Cr.

  • The most recent Balance Sheet for Lucid Colloids Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Specialty Chemicals