

Lucid Colloids Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.50 Cr
- Company Age 28 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 371.31 Cr
- Satisfied Charges ₹ 339.72 Cr
- Revenue Growth 62.17%
- Profit Growth 719.16%
- Ebitda 123.97%
- Net Worth 9.76%
- Total Assets -0.40%
About Lucid Colloids
Lucid Colloids Limited (LCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 May 1996 and has a history of 28 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Lucid Colloids Private Limited. The Company is engaged in the Chemicals And Materials 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 10.00 Cr and a paid-up capital of Rs 5.50 Cr.
The company currently has active open charges totaling ₹371.31 Cr. The company has closed loans amounting to ₹339.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lucid Colloids Limited India is Yogesh Vaza as COMPANY SECRETARY. Shailaja Merchant, Uday Merchant, Paolomi Merchant, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24311MH1996PLC099800
- Company No.
099800
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 May 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Lucid Colloids Limited offer?
Lucid Colloids Limited offers a wide range of products and services, including Coir and Agro Products, Natural Gum.
Who are the key members and board of directors at Lucid Colloids?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Uday Merchant ![]() | Managing Director | 23-May-1996 | Current |
Yogesh Vaza ![]() | Company Secretary | 01-Apr-2013 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Shailaja Merchant ![]() | Whole-Time Director | 01-Apr-2014 | Current |
Paolomi Merchant ![]() | Whole-Time Director | 08-Jun-2022 | Current |
Dineshchandra Babel ![]() | Director | 01-Sep-2023 | Current |
Uday Thakurdesai ![]() | Director | 01-Sep-2023 | Current |
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%.


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What is the Ownership and Shareholding Structure of Lucid Colloids?
In 2023, Lucid Colloids had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Indergiri Finance Limited.
Dineshchandra Babel is a mutual person
- Shalomi Properties Private Limited
Shailaja Merchant and Uday Merchant are mutual person
- Lucid Agro Private Limited
Uday Merchant is a mutual person
Charges (Loans)
₹371.31 Cr
₹339.72 Cr
Charges Breakdown by Lending Institutions
- Others : 116.50 Cr
- International Finance Corporation : 94.73 Cr
- Idbi Trusteeship Services Limited : 94.73 Cr
- Axis Bank Limited : 40.00 Cr
- Yes Bank Limited : 17.00 Cr
- Others : 8.36 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
27 Aug 2024 | Others | ₹25.00 Cr | Open |
27 Sep 2023 | Yes Bank Limited | ₹17.00 Cr | Open |
15 Dec 2022 | Axis Bank Limited | ₹4.00 Cr | Open |
03 Dec 2022 | Axis Bank Limited | ₹36.00 Cr | Open |
17 Jun 2022 | Hdfc Bank Limited | ₹3.30 M | Open |
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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Lucid Colloids, 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 Lucid Colloids's trajectory.
Rating

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

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 Lucid Colloids
Recent activity within the organization
- Charges
A charge registered on 16 Nov 2022 via Charge ID 100647775 with Hdfc Bank Limited was fully satisfied on 21 Feb 2025.
- Charges
A charge with Axis Bank Limited of Rs. 36.00 Cr registered on 03 Dec 2022 with Charge ID 100655784 was modified on 29 Jan 2025.
- Annual General Meeting
Lucid Colloids Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100989897 was registered on 27 Aug 2024.
- Balance Sheet
Lucid Colloids Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Yes Bank Limited amounted to Rs. 17.00 Cr with Charge ID 100799359 was registered on 27 Sep 2023.
Recent News, Updates & Announcement
- IFC invests $27.5 million in Lucid Colloids | Mint.
IFC's investment will help Lucid finance its expansion and backward integration plans.
Frequently asked questions
What is the Incorporation or founding date of Lucid Colloids Limited?
Lucid Colloids Limited was incorporated on 23 May 1996.
What is authorized share capital and paid-up capital of Lucid Colloids Limited?
The authorized share capital of Lucid Colloids Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.50 Cr.
Who are the current board members & directors of Lucid Colloids Limited?
Currently 6 directors are associated with Lucid Colloids Limited.
- Shailaja Uday Merchant
- Uday Chaturbhuj Merchant
- Paolomi Uday Merchant
- Yogesh Vasantlal Vaza
- Dineshchandra Babel
- Uday Vasudeo Thakurdesai
What is the registered address of Lucid Colloids Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lucid Colloids Limited is 401 Navbharat Estateszakaria Bunder Road Sewri (W) India, Mumbai, Maharashtra, 400015.
What is the corporate identification number (CIN) and company number of Lucid Colloids Limited?
The corporate identification number (CIN) of Lucid Colloids Limited is U24311MH1996PLC099800 and the company number is 099800 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lucid Colloids Limited?
The Official website of Lucid Colloids Limited is https://www.lucidcolloids.com
What has been the recent revenue trend for Lucid Colloids Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Lucid Colloids Limited has risen by 62.17%.
How many employees does Lucid Colloids Limited currently have?
As Per 2023 financial reports, 240 employees are currently employed by Lucid Colloids Limited.
What change has been observed in the net worth of Lucid Colloids Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lucid Colloids Limited has experienced an upsurge of 9.76%.
What are the total open charges for Lucid Colloids Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Lucid Colloids Limited amount to ₹ 371.31 Cr.
When was the last Balance Sheet of Lucid Colloids Limited filed with the ROC?
The most recent Balance Sheet for Lucid Colloids Limited was filed with the ROC on 31 Mar 2024.
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