Lancer Valve Private Limited
About Lancer Valve Private Limited
Data last updated:
Lancer Valve Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 19 November 1991.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1991PTC064080. Its GSTIN is 27AAACL1847K1ZD (Maharashtra).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.1 Lakh. It was led by directors including Juned Valiullah Shariff and Nafisa Valiullah Shariff.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at C 140 Ghatkopar Ind Estatel B S Marg Ghatkopar West, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2016, the company reported a revenue of ₹5.45 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹30.6 Lakh (net margin 5.6%) and EBITDA of ₹97.71 Lakh (EBITDA margin 17.9%).
The company had about 60 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹8.15 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Company details
Contact details
Lancer Valve Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC 140 Ghatkopar Ind Estatel B S Marg Ghatkopar West, Mumbai, Maharashtra, India – 400086
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Lancer Valve 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 Lancer Valve is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Lancer Valve Private Limited, buy the company report.
Financials of Lancer Valve Private Limited
FY 2016 filings availableLancer Valve Private Limited reported revenue of ₹5.45 Cr (down 55% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 55% in the latest year. EBITDA fell 32% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹5.45 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹97.71 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹30.6 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 17.9% | |
| Net Profit Margin | 5.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Lancer Valve Private Limited, buy the company report.
Board of directors of Lancer Valve Private Limited
Lancer Valve has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Juned Valiullah Shariff | Director | 01 Nov 2005 | 20 Years 11 Months | As last reported |
| Nafisa Valiullah Shariff Also directs: Niton Valve Industries Pvt Ltd, Valvinox S.R.L. India Private Limited, Inventa Valve Industries Bombay Private Limited and 1 more | Director | 17 May 1995 | 31 Years 5 Months | As last reported |
| Naved Valiullah Shariff | Director | 31 Dec 2006 | 19 Years 9 Months | As last reported |
| Valiullaha Rehman Shariff Also directs: Niton Valve Industries Pvt Ltd, Valvinox S.R.L. India Private Limited, Inventa Valve Industries Bombay Private Limited and 1 more | Director | 17 May 1995 | 31 Years 5 Months | As last reported |
Auditor
Lancer Valve Private Limited is audited by G. P. S. & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. P. S. & Associates | FY 2016 |
Shareholding
The shareholding of Lancer Valve Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Lancer Valve Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2009 | 10168193 | Citibank N. A. | ₹4.65 Cr | Open | |
| 17 May 2006 | 10004784 | The Saraswat Co-Op Bank Ltd | ₹1.5 Cr | Open | |
| 16 May 2006 | 10004782 | The Saraswat Co-Op Bank Ltd | ₹1 Cr | Open | |
| 13 Mar 2006 | 10027572 | The Saraswat Co-Op Bank Ltd | ₹1 Cr | Open |
To see the full charge records of Lancer Valve Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Lancer Valve Private Limited has 3 court cases on record: 2 filed by Lancer Valve, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Lancer Valve 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 Lancer Valve Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lancer Valve Private Limited has a workforce of 60 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Lancer Valve has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL1847K1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lancer Valve Private Limited, buy the company report.
Recent activity
Lancer Valve Private Limited has 4 board changes on record since 1995: 4 appointments. The latest: Naved Valiullah Shariff was appointed as Director on 31 Dec 2006.
2 earlier events are in the company report.
Frequently asked questions
Lancer Valve 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.
Lancer Valve was a private limited company based in Mumbai, Maharashtra, India. The company worked in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 19 November 1991 and is registered under CIN U24110MH1991PTC064080. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Lancer Valve was incorporated on 19 November 1991. It is registered with the Registrar of Companies, Mumbai.
Lancer Valve had 4 directors:
- Juned Valiullah Shariff - Director
- Nafisa Valiullah Shariff - Director
- Naved Valiullah Shariff - Director
- Valiullaha Rehman Shariff - Director
The CIN (Corporate Identification Number) of Lancer Valve is U24110MH1991PTC064080. 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 Lancer Valve is at C 140 Ghatkopar Ind Estatel B S Marg Ghatkopar West, Mumbai, Maharashtra, India – 400086.
The latest financial statements of Lancer Valve on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Lancer Valve is 27AAACL1847K1ZD, registered in Maharashtra.
Lancer Valve operated in the machinery and equipment industry, in the industrial control valves and systems segment.
Lancer Valve has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.