Shaan Lube Equipment Private Limited

Manufacturer of oil lubrication systems for steel, aluminum, cement, and paper mills.

1990 | Thane, Maharashtra (India) | Active
Last Updated: October 23, 2024

Shaan Lube Equipment Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.50 M
  • Company Age 34 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 6.50 Cr
  • Revenue Growth 142.53%
  • Profit Growth 1377.69%
  • Ebitda 2065.84%
  • Net Worth 259.28%
  • Total Assets 9.83%

About Shaan Lube Equipment

Shaan Lube Equipment Private Limited (SLEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 August 1990 and has a history of 34 years and six months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 8.50 M.

The company has closed loans amounting to ₹6.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sadiq Saied and Mohammed Saied serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29290MH1990PTC057576

  • Company No.

    057576

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Aug 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Shaan Lube Equipment Private Limited offer?

Shaan Lube Equipment Private Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Heat Exchangers, Industrial Air Conditioner & Devices, Industrial Cooling System, Shell and Tube Heat Exchanger, Oil Mill & Oil Extraction Machinery, Oil Production Plant, Oil Coolers, Lubricating Systems, Centralised Lubrication Systems.

Who are the key members and board of directors at Shaan Lube Equipment?

Board Members (2)

Name Designation Appointment Date Status
Sadiq Saied Country flag representing In Director 13-Sep-2003 Current
Mohammed Saied Country flag representing In Director 16-Mar-2020 Current

Financial Performance of Shaan Lube Equipment.

Shaan Lube Equipment Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 142.53% increase. The company also saw a substantial improvement in profitability, with a 1377.69% increase in profit. The company's net worth Soared by an impressive increase of 259.28%.

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
142.53%
Revenue from Operations
149.62%
Total Assets
9.83%
Profit or Loss
1377.69%
Net Worth
259.28%
EBITDA
2065.84%

What is the Ownership and Shareholding Structure of Shaan Lube Equipment?

In 2023, Shaan Lube Equipment 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

₹0

Satisfied Charges

₹6.50 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 3.90 Cr
  • Indian Bank : 2.60 Cr

Latest Charge Details

Date Lender Amount Status
14 Jan 2010 Idbi Bank Limited ₹1.40 Cr Satisfied
22 Oct 2008 Idbi Bank Limited ₹2.50 Cr Satisfied
24 Jan 2007 Indian Bank ₹2.00 Cr Satisfied
02 Nov 2001 Indian Bank ₹0.80 M Satisfied
30 Jan 1999 Indian Bank ₹2.00 M Satisfied

How Many Employees Work at Shaan Lube Equipment?

Shaan Lube Equipment has a workforce of 10 employees as of Mar 22, 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 Shaan Lube Equipment, 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 Shaan Lube Equipment'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 Shaan Lube Equipment

Recent activity within the organization

  • Charges

    A charge registered on 22 Oct 2008 via Charge ID 10132086 with Idbi Bank Limited was fully satisfied on 13 Nov 2023.

    13 Nov 2023

  • Annual General Meeting

    Shaan Lube Equipment Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shaan Lube Equipment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Mohammed Usman Sanjida Saied was appointed as a Director was appointed as a Director on 16 Mar 2020 & has been associated with this company since 4 years 10 months .

    16 Mar 2020

  • Charges

    A charge with Idbi Bank Limited of Rs. 2.50 Cr registered on 22 Oct 2008 with Charge ID 10132086 was modified on 08 Feb 2018.

    08 Feb 2018

  • Charges

    A charge registered on 14 Jan 2010 via Charge ID 10197852 with Idbi Bank Limited was fully satisfied on 13 Jan 2012.

    13 Jan 2012

Frequently asked questions

  • Shaan Lube Equipment Private Limited was incorporated on 06 Aug 1990.

  • The authorized share capital of Shaan Lube Equipment Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.50 M.

  • Currently 2 directors are associated with Shaan Lube Equipment Private Limited.

    • Sadiq Mohammed Saied
    • Mohammed Usman Sanjida Saied
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shaan Lube Equipment Private Limited is Plot No.23 Golani Industrial Complex Opp. Agarwal Hospital Valiv Road, Vasai (E) India, Thane, Maharashtra, 401208.

  • The corporate identification number (CIN) of Shaan Lube Equipment Private Limited is U29290MH1990PTC057576 and the company number is 057576 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shaan Lube Equipment Private Limited is https://www.shaanlube.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shaan Lube Equipment Private Limited has risen by 142.53%.

  • As Per 2023 financial reports, 10 employees are currently employed by Shaan Lube Equipment Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shaan Lube Equipment Private Limited has experienced an upsurge of 259.28%.

  • The most recent Balance Sheet for Shaan Lube Equipment Private Limited was filed with the ROC on 31 Mar 2023.

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