Lulu Financial Services (India) Private Limited

Offers various financial services including gold loans and working capital loans.

2018 | Ernakulam, Kerala (India) | Active
Last Updated: November 16, 2024

Lulu Financial Services (India) Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 25.05 Cr
  • Company Age 7 Year, 14 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 43.35 Cr
  • Revenue Growth 101.74%
  • Profit Growth -132.98%
  • Ebitda -119.39%
  • Net Worth 90.25%
  • Total Assets 141.86%

About Lulu Financial Services (India)

Lulu Financial Services (India) Private Limited (LFSIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 18 January 2018 (Seven years 14 days old ). Its registered office is in Ernakulam, Kerala, India.

The Company is engaged in the Financial Services 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 40.00 Cr and a paid-up capital of Rs 25.05 Cr.

The company currently has active open charges totaling ₹43.35 Cr.

The Key Managerial Personnel (KMP) at Lulu Financial Services (India) Private Limited India is Swathy Kumar as COMPANY SECRETARY. Amittathody Surendran, Unnikrishnan Menon, Richard Wason, and One other member serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67100KL2018FTC051835

  • Company No.

    051835

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    18 Jan 2018

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

Who are the key members and board of directors at Lulu Financial Services (India)?

Executive Team (2)

Name Designation Appointment Date Status
Amittathody Surendran Country flag representing In Managing Director 29-Sep-2021 Current
Swathy Kumar Company Secretary 20-Jun-2023 Current

Board Members (3)

Name Designation Appointment Date Status
Unnikrishnan Menon Country flag representing In Director 15-Jul-2019 Current
Richard Wason Country flag representing In Director 18-Jan-2018 Current
Mathew Vilayil Country flag representing In Director 18-Jan-2018 Current

Financial Performance of Lulu Financial Services (India).

Lulu Financial Services (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 101.74% increase. The company also saw a substantial fall in profitability, with a 132.98% decrease in profit. The company's net worth Soared by an impressive increase of 90.25%.

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
101.74%
Revenue from Operations
86.18%
Total Assets
141.86%
Profit or Loss
-132.98%
Net Worth
90.25%
EBITDA
-119.39%

What is the Ownership and Shareholding Structure of Lulu Financial Services (India)?

In 2023, Lulu Financial Services (India) 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

₹43.35 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 28.35 Cr
  • Karnataka Bank Ltd. : 10.00 Cr
  • The South Indian Bank Limited : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
16 Aug 2024 Others ₹7.35 M Open
13 Jun 2024 Others ₹3.60 M Open
11 May 2024 Others ₹1.58 Cr Open
03 May 2024 Others ₹2.16 Cr Open
02 Feb 2024 Karnataka Bank Ltd. ₹10.00 Cr Open

How Many Employees Work at Lulu Financial Services (India)?

Lulu Financial Services (India) has a workforce of 92 employees as of Apr 07, 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 Lulu Financial Services (India), 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 Lulu Financial Services (India)'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 Lulu Financial Services (India)

Recent activity within the organization

  • Annual General Meeting

    Lulu Financial Services (India) Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.74 Cr with Charge ID 100977227 was registered on 16 Aug 2024.

    16 Aug 2024

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 30 Jul 2022 with Charge ID 100600671 was modified on 12 Aug 2024.

    12 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 0.36 Cr with Charge ID 100943777 was registered on 13 Jun 2024.

    13 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 1.58 Cr with Charge ID 100951749 was registered on 11 May 2024.

    11 May 2024

  • Charges

    A charge with Others amounted to Rs. 2.16 Cr with Charge ID 100918704 was registered on 03 May 2024.

    03 May 2024

Frequently asked questions

  • Lulu Financial Services (India) Private Limited was incorporated on 18 Jan 2018.

  • The authorized share capital of Lulu Financial Services (India) Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 25.05 Cr.

  • Currently 5 directors are associated with Lulu Financial Services (India) Private Limited.

    • Amittathody Surendran
    • Swathy Sasi Kumar
    • Unnikrishnan Gopinatha Menon
    • Richard Mohan Wason
    • Mathew Idikula Vilayil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lulu Financial Services (India) Private Limited is Y - Tower 12/971 B Civil Lane Road Vazhakkala, Kakkanad India, Kochi, Kerala, 682030.

  • The corporate identification number (CIN) of Lulu Financial Services (India) Private Limited is U67100KL2018FTC051835 and the company number is 051835 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lulu Financial Services (India) Private Limited is https://www.lulufinserv.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lulu Financial Services (India) Private Limited has risen by 101.74%.

  • As Per 2023 financial reports, 92 employees are currently employed by Lulu Financial Services (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lulu Financial Services (India) Private Limited has experienced an upsurge of 90.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lulu Financial Services (India) Private Limited amount to ₹ 43.35 Cr.

  • The most recent Balance Sheet for Lulu Financial Services (India) Private Limited was filed with the ROC on 31 Mar 2024.

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