V K Lalco Private Limited

Offers furniture sales and rental/leasing services for houses, flats, and apartments since 1962.

1962 | Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

V K Lalco Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.51 M
  • Company Age 62 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 57.82 Cr
  • Satisfied Charges ₹ 11.35 Cr
  • Revenue Growth 45.77%
  • Profit Growth 9697.51%
  • Ebitda 66.38%
  • Net Worth 35.94%
  • Total Assets 2.59%

About V K Lalco

V K Lalco Private Limited (VKLPL) was founded in India on 19 May 1962 and has a glorious history of 62 years and nine months. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 2.51 M.

The company currently has active open charges totaling ₹57.82 Cr. The company has closed loans amounting to ₹11.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Haresh Nanwani, Anita Nanwani, and Ameesha Nanwani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vklalco.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17100MH1962PTC012358

  • Company No.

    012358

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 May 1962

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Consumer Electronics & Durables
Real Estate and Construction

Who are the key members and board of directors at V K Lalco?

Board Members (3)

NameDesignationAppointment DateStatus
Haresh Nanwani Country flag representing Us Director 12-Oct-1973Current
Anita Nanwani Country flag representing Us Director 01-Oct-2007Current
Ameesha Nanwani Country flag representing Us Director 01-Nov-2014Current

Financial Performance of V K Lalco.

V K Lalco Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.77% increase. The company also saw a substantial improvement in profitability, with a 9697.51% increase in profit. The company's net worth Soared by an impressive increase of 35.94%.

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
45.77%
Revenue from Operations
30.93%
Total Assets
2.59%
Profit or Loss
9697.51%
Net Worth
35.94%
EBITDA
66.38%

What is the Ownership and Shareholding Structure of V K Lalco?

In 2023, V K Lalco had a promoter holding of 52.14% and a public holding of 47.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹57.82 Cr

Satisfied Charges

₹11.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 39.47 Cr
  • Hdfc Bank Limited : 14.35 Cr
  • Yes Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Feb 2024Others₹1.87 CrOpen
27 Oct 2023Others₹5.50 CrOpen
31 Jan 2023Others₹1.23 CrOpen
30 Apr 2022Others₹1.52 CrOpen
20 Oct 2021Hdfc Bank Limited₹6.00 CrOpen

How Many Employees Work at V K Lalco?

V K Lalco has a workforce of 8 employees as of Apr 09, 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 V K Lalco, 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 V K Lalco'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 V K Lalco

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.87 Cr with Charge ID 100877735 was registered on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 5.50 Cr with Charge ID 100815742 was registered on 27 Oct 2023.

    27 Oct 2023

  • Annual General Meeting

    V K Lalco Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    V K Lalco Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.23 Cr with Charge ID 100701182 was registered on 31 Jan 2023.

    31 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 1.52 Cr with Charge ID 100569679 was registered on 30 Apr 2022.

    30 Apr 2022

Frequently asked questions

  • V K Lalco Private Limited was incorporated on 19 May 1962.

  • The authorized share capital of V K Lalco Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.51 M.

  • Currently 3 directors are associated with V K Lalco Private Limited.

    • Haresh K Nanwani
    • Anita H Nanwani
    • Ameesha Nanwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of V K Lalco Private Limited is 1017/1018 Dalamal Tower10Th Flr Nariman Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of V K Lalco Private Limited is U17100MH1962PTC012358 and the company number is 012358 as per Ministry of Corporate Affairs (MCA).

  • The Official website of V K Lalco Private Limited is https://www.vklalco.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for V K Lalco Private Limited has risen by 45.77%.

  • As Per 2023 financial reports, 8 employees are currently employed by V K Lalco Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of V K Lalco Private Limited has experienced an upsurge of 35.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for V K Lalco Private Limited amount to ₹ 57.82 Cr.

  • The most recent Balance Sheet for V K Lalco Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Real Estate Builders & Developers