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

Lucid Colloids Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.50 Cr
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 336.67 Cr
  • Satisfied Charges ₹ 339.36 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 nine 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 2023. 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 ₹336.67 Cr. The company has closed loans amounting to ₹339.36 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, Dineshchandra Babel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lucidcolloids.com

  • 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

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)

NameDesignationAppointment DateStatus
Uday Merchant Country flag representing In Managing Director23-May-1996Current
Yogesh Vaza Country flag representing In Company 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%

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.

Shareholding Indicator graph

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

Graph showing company valuation over time

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

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 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 5 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 5 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.

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