About Low & Bonar India Private Limited
Data last updated:
Low & Bonar India Private Limited was a foreign private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Low & Bonar Technical Textiles Holding B.V.. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 13 November 2013.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U29300TN2013FTC165112. Its GSTIN is 06AAICM9197R1ZB (Haryana). The company held 6 GST registrations, of which 4 are active.
The company had an authorised share capital of ₹65 Lakh and a paid-up capital of ₹61.51 Lakh. It was formerly known as Mehler Texnologies India Private Limited. It was led by directors including Dirk Rossnagel and Nirmalya Sinha.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at No. 104 Poonamallee High Road, Opp. Sindhi College Vellappanchavadi Chennai, Tamil Nadu, India – 600077.
As per the financials filed for FY 2023, the company reported a revenue of ₹20.6 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net loss of ₹2.1 Cr (net margin -10.2%) and EBITDA of -₹1.93 Cr (EBITDA margin -9.3%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 13% over five years.
The company had about 9 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 3 cases are pending.
The last known website on record is mehler-texnologies.net.
Company details
CIN history
Low & Bonar India has one previous CIN (Corporate Identification Number): U29300DL2013FTC260201. The current CIN is U29300TN2013FTC165112, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29300TN2013FTC165112 | Current |
| U29300DL2013FTC260201 | Previous |
Contact details
Low & Bonar India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is mehler-texnologies.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 104 Poonamallee High Road, Opp. Sindhi College Vellappanchavadi Chennai, Tamil Nadu, India – 600077
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Low & Bonar India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Low & Bonar India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Low & Bonar India Private Limited, buy the company report.
Financials of Low & Bonar India Private Limited
FY 2023 filings availableLow & Bonar India Private Limited reported revenue of ₹20.6 Cr (up 41% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 41% growth in the latest year. EBITDA fell 79% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.93 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹2.1 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.3% | ||||
| Net Profit Margin | -10.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Low & Bonar India Private Limited, buy the company report.
Board of directors of Low & Bonar India Private Limited
Low & Bonar India has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dirk Rossnagel | Director | 10 May 2023 | 3 Years 6 Months | As last reported |
| Murugappan Uthra | Additional Director | 04 Jan 2024 | 2 Years 10 Months | As last reported |
| Nirmalya Sinha | Director | 27 Jul 2023 | 3 Years 3 Months | As last reported |
| Axel Woltmann | Director | 08 Aug 2022 | 4 Years 3 Months | As last reported |
Peer comparison
Low & Bonar India Private Limited is compared with the 8 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| F. M. J. Sarees Private Limited | ₹20.74 Cr (FY 2024) | 34.0% | Kolkata, West Bengal, India | |||
| Shello Tradecom Private Limited | ₹20.72 Cr (FY 2022) | 77.0% | Mumbai, Maharashtra, India | |||
| Bhagwati Distribution Private Limited | ₹20.71 Cr (FY 2025) | 21.0% | Jaipur, Rajasthan, India | |||
| Sandeep (India) Ltd | ₹20.7 Cr (FY 2025) | 341.0% | Mumbai, Maharashtra, India | |||
| Mahalaxmi Drape Private Limited | ₹20.61 Cr (FY 2025) | 6.0% | Surat, Gujarat, India | |||
| Low & Bonar India Private Limitedthis company | ₹20.6 Cr (FY 2023) | -₹2.1 Cr | -10.2% | 41.0% | Chennai, Tamil Nadu, India | |
| Vijaya Durga Green Fields Private Limited | ₹20.58 Cr (FY 2019) | -65.0% | Rajahmundry, Andhra Pradesh, India | |||
| Atulniya Designs Private Limited | ₹20.57 Cr (FY 2024) | -24.0% | New Delhi, Delhi, India | |||
| V. R. Overseas Private Limited | ₹20.5 Cr (FY 2024) | 41.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Low & Bonar India Private Limited, buy the company report.
Auditor
Low & Bonar India Private Limited is audited by SINGHAL PRUSTY & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHAL PRUSTY & ASSOCIATES | FY 2019 | 024433N |
Shareholding
The shareholding of Low & Bonar India Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Low & Bonar India Private Limited, buy the company report.
Legal cases
Low & Bonar India Private Limited has 4 court cases on record: 3 filed by Low & Bonar India, 1 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed by the company against Pooja Systems | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Agra, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by Up State | Disposed |
To see the full case history of Low & Bonar India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Low & Bonar India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Low & Bonar India has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAICM9197R1ZB | Haryana | Active | 01 Jul 2017 |
| 09AAICM9197R2Z4 | Uttar Pradesh | Active | 15 Jul 2017 |
| 27AAICM9197R1Z7 | Maharashtra | Active | 04 Jan 2020 |
| 07AAICM9197R2Z8 | Delhi | Active | 18 Apr 2021 |
To see the full GST registrations and return filing status of Low & Bonar India Private Limited, buy the company report.
Recent activity
Low & Bonar India Private Limited has 15 board changes on record since 2013: 4 appointments and 11 cessations. The latest: Murugappan Uthra was appointed as Additional Director on 04 Jan 2024.
6 earlier events are in the company report.
Frequently asked questions
Low & Bonar India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Low & Bonar India was a foreign private limited company based in Chennai, Tamil Nadu, India. The company worked in other wholesale, within the trading industry. It was incorporated on 13 November 2013 and is registered under CIN U29300TN2013FTC165112. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Low & Bonar India was incorporated on 13 November 2013. It is registered with the Registrar of Companies, Chennai.
Low & Bonar India had 4 directors:
- Dirk Rossnagel - Director
- Murugappan Uthra - Additional Director
- Nirmalya Sinha - Director
- Axel Woltmann - Director
The CIN (Corporate Identification Number) of Low & Bonar India is U29300TN2013FTC165112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Low & Bonar India is at No. 104 Poonamallee High Road, Opp. Sindhi College Vellappanchavadi Chennai, Tamil Nadu, India – 600077.
Low & Bonar India can be reached through the website mehler-texnologies.net. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Low & Bonar India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Low & Bonar India is 06AAICM9197R1ZB, registered in Haryana. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 09AAICM9197R2Z4 (Uttar Pradesh), 27AAICM9197R1Z7 (Maharashtra), 07AAICM9197R2Z8 (Delhi).
Low & Bonar India operated in the trading industry, in the other wholesale segment.
The peers of Low & Bonar India by revenue are F. M. J. Sarees Private Limited, Shello Tradecom Private Limited, Bhagwati Distribution Private Limited, Sandeep (India) Ltd, Mahalaxmi Drape Private Limited and 3 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
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