Buoyant Lubes Private Limited
About Buoyant Lubes Private Limited
Data last updated:
Buoyant Lubes Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 August 2009.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2009PTC050674. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.05 Lakh. It was led by directors Mamtha Santosh Shetty and Madhukar Ramesh Punekar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 204 I Floor 75th Cross 12th B Main 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2019, the company reported a revenue of ₹53,378, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹5,056 (net margin -9.5%) and EBITDA of -₹2,522 (EBITDA margin -4.7%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 61% over five years.
As per MCA filings, the company had satisfied charges of ₹20 Lakh on record.
Company details
Contact details
Buoyant Lubes Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address204 I Floor 75th Cross 12th B Main 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Buoyant Lubes 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
Financials of Buoyant Lubes Private Limited
FY 2019 filings availableBuoyant Lubes Private Limited reported revenue of ₹53,378 (down 93% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 93% fall in the latest year. EBITDA fell 102% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹2,522 | ||||
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| Net Profit (PAT) | -₹5,056 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -4.7% | ||||
| Net Profit Margin | -9.5% | ||||
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To see the full financial statements and ratios of Buoyant Lubes Private Limited, buy the company report.
Board of directors of Buoyant Lubes Private Limited
Buoyant Lubes has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mamtha Santosh Shetty | Director | 06 Nov 2013 | 12 Years 11 Months | As last reported |
| Madhukar Ramesh Punekar Also directs: Hi-Speed Drilling Solutions India Private Limited | Director | 19 Aug 2009 | 17 Years 2 Months | As last reported |
Peer comparison
Buoyant Lubes Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dadmatrac Electronics Private Limited | ₹54,975 (FY 2025) | -20.0% | New Delhi, Delhi, India | |||
| Himgange Gas Equipments Private Limited | ₹54,642 (FY 2024) | -100.0% | Mohali, Punjab, India | |||
| VPDK Industries Private Limited | ₹54,000 (FY 2025) | Delhi, India | ||||
| Haryana Acrylic Manufacturing Co Private Limited | ₹53,808 (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Montec Electro Meters Private Limited | ₹53,740 (FY 2021) | 101.0% | Kolkata, West Bengal, India | |||
| Buoyant Lubes Private Limitedthis company | ₹53,378 (FY 2019) | -₹5,056 | -9.5% | -93.0% | Bangalore, Karnataka, India | |
| Gluework Solutions Private Limited | ₹52,999 (FY 2021) | 7.0% | Mumbai, Maharashtra, India | |||
| Interlinks Conveyor Belts & Systems Private Limited | ₹52,120 (FY 2019) | 47.0% | Mumbai, Maharashtra, India | |||
| Param Technosystem Pvt.Ltd. | ₹51,960 (FY 2025) | -100.0% | Surat, Gujarat, India | |||
| Raja Rajeshwara Impx Private Limited | ₹51,250 (FY 2024) | Secunderabad, Telangana, India | ||||
| Ergo Engineers Private Limited | ₹51,136 (FY 2025) | -96.0% | Madhya Pradesh, India |
To see the full peer comparison of Buoyant Lubes Private Limited, buy the company report.
Auditor
Buoyant Lubes Private Limited is audited by Raghavendra Rao. L for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raghavendra Rao. L | FY 2016 |
Shareholding
The shareholding of Buoyant Lubes Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Buoyant Lubes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2009 | 10188818 | State Bank of Hyderabad | ₹20 Lakh | Satisfied |
To see the full charge records of Buoyant Lubes Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Buoyant Lubes Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Buoyant Lubes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Buoyant Lubes has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Buoyant Lubes Private Limited, buy the company report.
Recent activity
Buoyant Lubes Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Mamtha Santosh Shetty was appointed as Director on 06 Nov 2013.
Frequently asked questions
Buoyant Lubes has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Buoyant Lubes was a private limited company based in Bangalore, Karnataka, India. The company worked in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 August 2009 and is registered under CIN U51909KA2009PTC050674. The company has been struck off by the Registrar of Companies and is no longer operational.
Buoyant Lubes had 2 directors:
- Mamtha Santosh Shetty - Director
- Madhukar Ramesh Punekar - Director
The CIN (Corporate Identification Number) of Buoyant Lubes is U51909KA2009PTC050674. 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 Buoyant Lubes is at 204 I Floor 75th Cross 12th B Main 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010.
Buoyant Lubes was incorporated on 19 August 2009. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Buoyant Lubes on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Buoyant Lubes has 1 GST registration on record and it is cancelled or inactive.
Buoyant Lubes operated in the machinery and equipment industry, in the industrial machinery manufacturing segment. It worked in this industry before it was struck off.
The peers of Buoyant Lubes by revenue are Dadmatrac Electronics Private Limited, Himgange Gas Equipments Private Limited, VPDK Industries Private Limited, Haryana Acrylic Manufacturing Co Private Limited, Montec Electro Meters Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Mamtha Santosh Shetty was appointed as Director on 06 Nov 2013. Santosh Shyam Shetty ceased to be Director on 06 Nov 2013. Vivek Prabhakara Hegde ceased to be Director on 17 Nov 2010. Buoyant Lubes has 5 board changes on record in total.