Lucro Plastecycle Private Limited

Manufacturer of sustainable plastic products for various industries, including collection and disposal services.

2019 | Mumbai, Maharashtra (India) | Active
Last Updated:

Lucro Plastecycle Profile

Key Indicators

  • Authorised Capital ₹ 2.16 Cr
  • Paid Up Capital ₹ 1.37 Cr
  • Company Age 5 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 41.56 Cr
  • Satisfied Charges ₹ 12.06 Cr
  • Revenue Growth 68.09%
  • Profit Growth 218.02%
  • Ebitda 217.12%
  • Net Worth 0.99%
  • Total Assets 17.24%

About Lucro Plastecycle

Lucro Plastecycle Private Limited (LPPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 30 August 2019 (Five years and six months 5 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing 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 2.16 Cr and a paid-up capital of Rs 1.37 Cr.

The company currently has active open charges totaling ₹41.56 Cr. The company has closed loans amounting to ₹12.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ujwal Desai, Saumil Desai, and Robert Kaplan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lucro.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209MH2019PTC329977

  • Company No.

    329977

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 2019

  • Date of AGM

    21 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Lucro Plastecycle?

Board Members (3)

NameDesignationAppointment DateStatus
Ujwal Desai Country flag representing In Director 30-Aug-2019Current
Saumil Desai Country flag representing In Director 30-Aug-2019Current
Robert Kaplan Country flag representing Sg Director 10-Apr-2020Current

Financial Performance of Lucro Plastecycle.

Lucro Plastecycle Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 68.09% increase. The company also saw a substantial improvement in profitability, with a 218.02% increase in profit. The company's net worth moved up by a moderate rise of 0.99%.

Lucro Plastecycle revenue growth over time
Lucro Plastecycle 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
68.09%
Revenue from Operations
80.17%
Total Assets
17.24%
Profit or Loss
218.02%
Net Worth
0.99%
EBITDA
217.12%

What is the Ownership and Shareholding Structure of Lucro Plastecycle?

In 2022, Lucro Plastecycle had a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.56 Cr

Satisfied Charges

₹12.06 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 23.50 Cr
  • Sidbi : 17.61 Cr
  • Others : 0.23 Cr
  • Syndicate Bank : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
20 Dec 2024Sidbi₹3.36 CrOpen
24 Oct 2024Sidbi₹1.45 CrOpen
21 Jun 2024Sidbi₹3.00 CrOpen
24 May 2024Sidbi₹3.10 CrOpen
21 May 2024Others₹2.33 MOpen

How Many Employees Work at Lucro Plastecycle?

Unlock and access historical data on people associated with Lucro Plastecycle, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Lucro Plastecycle Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lucro Plastecycle, 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 Lucro Plastecycle'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 Lucro Plastecycle

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 3.36 Cr with Charge ID 101022915 was registered on 20 Dec 2024.

  • Charges

    A charge registered on 18 Dec 2019 via Charge ID 100311082 with Sidbi was fully satisfied on 03 Dec 2024.

  • Charges

    A charge with Sidbi amounted to Rs. 1.45 Cr with Charge ID 101001171 was registered on 24 Oct 2024.

  • Charges

    A charge registered on 08 Sep 2021 via Charge ID 100505979 with Others was fully satisfied on 14 Oct 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 23.50 Cr registered on 23 Nov 2022 with Charge ID 100644580 was modified on 27 Sep 2024.

  • Charges

    A charge registered on 25 Jun 2020 via Charge ID 100348736 with Sidbi was fully satisfied on 06 Sep 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Lucro Plastecycle Private Limited?

    Lucro Plastecycle Private Limited was incorporated on 30 Aug 2019.

  • What is authorized share capital and paid-up capital of Lucro Plastecycle Private Limited?

    The authorized share capital of Lucro Plastecycle Private Limited is ₹ 2.16 Cr and paid-up capital is ₹ 1.37 Cr.

  • Who are the current board members & directors of Lucro Plastecycle Private Limited?

    Currently 3 directors are associated with Lucro Plastecycle Private Limited.

    • Ujwal Dhruven Desai
    • Saumil Dinesh Desai
    • Robert Ira Kaplan
  • What is the registered address of Lucro Plastecycle Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lucro Plastecycle Private Limited is 175 New Aashirwad Industrial Estate Bldg No. 5 Ram Mandir Rd, Goregaon West India, Mumbai, Maharashtra, 400104.

  • What is the corporate identification number (CIN) and company number of Lucro Plastecycle Private Limited?

    The corporate identification number (CIN) of Lucro Plastecycle Private Limited is U25209MH2019PTC329977 and the company number is 329977 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Lucro Plastecycle Private Limited?

    The Official website of Lucro Plastecycle Private Limited is https://www.lucro.in

  • What has been the recent revenue trend for Lucro Plastecycle Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Lucro Plastecycle Private Limited has risen by 68.09%.

  • What change has been observed in the net worth of Lucro Plastecycle Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Lucro Plastecycle Private Limited has experienced an upsurge of 0.99%.

  • What are the total open charges for Lucro Plastecycle Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Lucro Plastecycle Private Limited amount to ₹ 41.56 Cr.

  • When was the last Balance Sheet of Lucro Plastecycle Private Limited filed with the ROC?

    The most recent Balance Sheet for Lucro Plastecycle Private Limited was filed with the ROC on 31 Mar 2024.