Ultra Plus Lubes Private Limited

This company manufactures a wide range of lubricants for various industries and clients.

2003 | Panvel, Maharashtra (India) | Active
Last Updated: November 16, 2024

Ultra Plus Lubes Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.33 M
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.00 Cr
  • Satisfied Charges ₹ 4.74 Cr
  • Revenue Growth 24.96%
  • Profit Growth 1.19%
  • Ebitda 5.94%
  • Net Worth 15.37%
  • Total Assets 24.80%

About Ultra Plus Lubes

Ultra Plus Lubes Private Limited (UPLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 October 2003 and has a history of 21 years and three months. Its registered office is in Panvel, Maharashtra.

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 6.00 M and a paid-up capital of Rs 5.33 M.

The company currently has active open charges totaling ₹7.00 Cr. The company has closed loans amounting to ₹4.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

Seema Naik, Lata Savant, Narayan Savant, and Two other members serve as directors at the Company.

Company Details

  • Location
    Panvel, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U23201MH2003PTC142937

  • Company No.

    142937

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Ultra Plus Lubes Private Limited offer?

Ultra Plus Lubes Private Limited offers a wide range of products and services, including Material Testing Labs & Services, Oil Testing Services, Automotive Oils, Brake Oil, Instrument Calibration & Adjustment, Calibration Services, Oils, Grease & Lubricants, Lubricants, Coolant Oils, Engine Coolant.

Who are the key members and board of directors at Ultra Plus Lubes?

Board Members (5)

Name Designation Appointment Date Status
Seema Naik Country flag representing In Director 30-Oct-2003 Current
Lata Savant Country flag representing In Director 22-Dec-2003 Current
Narayan Savant Country flag representing In Director 30-Oct-2003 Current
Swapna Savant Country flag representing In Director 15-Sep-2020 Current
Siddesh Savant Country flag representing In Director 28-Jul-2008 Current

Financial Performance of Ultra Plus Lubes.

Ultra Plus Lubes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.96% increase. The company also saw a slight improvement in profitability, with a 1.19% increase in profit. The company's net worth Soared by an impressive increase of 15.37%.

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
24.96%
Revenue from Operations
25.13%
Total Assets
24.80%
Profit or Loss
1.19%
Net Worth
15.37%
EBITDA
5.94%

What is the Ownership and Shareholding Structure of Ultra Plus Lubes?

In 2023, Ultra Plus Lubes had a promoter holding of 94.40% and a public holding of 5.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.00 M

Satisfied Charges

₹47.40 M

Charges Breakdown by Lending Institutions

  • Others : 7.00 Cr

Latest Charge Details

Date Lender Amount Status
23 Nov 2022 Others ₹3.00 Cr Open
27 May 2022 Others ₹4.00 Cr Open
06 May 2004 Vijaya Bank ₹4.49 Cr Satisfied
20 Mar 2004 Vijaya Bank ₹2.50 M Satisfied

How Many Employees Work at Ultra Plus Lubes?

Ultra Plus Lubes has a workforce of 97 employees as of Apr 08, 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 Ultra Plus Lubes, 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 Ultra Plus Lubes'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 Ultra Plus Lubes

Recent activity within the organization

  • Annual General Meeting

    Ultra Plus Lubes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ultra Plus Lubes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100652956 was registered on 23 Nov 2022.

    23 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 40.00 M with Charge ID 100591790 was registered on 27 May 2022.

    27 May 2022

  • Charges

    A charge registered on 06 May 2004 via Charge ID 90148719 with Vijaya Bank was fully satisfied on 18 Nov 2020.

    18 Nov 2020

  • Charges

    A charge registered on 20 Mar 2004 via Charge ID 90148636 with Vijaya Bank was fully satisfied on 18 Nov 2020.

    18 Nov 2020

Frequently asked questions

  • Ultra Plus Lubes Private Limited was incorporated on 30 Oct 2003.

  • The authorized share capital of Ultra Plus Lubes Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.33 M.

  • Currently 5 directors are associated with Ultra Plus Lubes Private Limited.

    • Seema Prashant Naik
    • Lata Narayan Savant
    • Narayan Nilkanth Savant
    • Swapna Narayan Savant
    • Siddesh Narayan Savant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ultra Plus Lubes Private Limited is 53, Jawahar Co-Op Industrial Estate Kamothe(Kalamboli) India, Panvel, Maharashtra, 410209.

  • The corporate identification number (CIN) of Ultra Plus Lubes Private Limited is U23201MH2003PTC142937 and the company number is 142937 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ultra Plus Lubes Private Limited is https://www.ultralub.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ultra Plus Lubes Private Limited has risen by 24.96%.

  • As Per 2023 financial reports, 97 employees are currently employed by Ultra Plus Lubes Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ultra Plus Lubes Private Limited has experienced an upsurge of 15.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ultra Plus Lubes Private Limited amount to ₹ 7.00 Cr.

  • The most recent Balance Sheet for Ultra Plus Lubes Private Limited was filed with the ROC on 31 Mar 2024.