About Latern Nano Materials India Private Limited
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Latern Nano Materials India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 06 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24100TN2016PTC103550. Its GSTIN is 33AADCL0055G1Z0 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kaarthik and Deepak.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.49 Jvl Paradise Ground Floor New Avadi Road, Chennai, Tamil Nadu, India – 600010.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.47 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹4.22 Lakh (net margin -2.9%) and EBITDA of ₹23.07 Lakh (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years.
As per MCA filings, the company has open charges of ₹1.17 Cr on record. Court records list 9 cases involving the company, including 9 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website latern.in.
Company details
Contact details
Latern Nano Materials India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is latern.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.49 Jvl Paradise Ground Floor New Avadi Road, Chennai, Tamil Nadu, India – 600010
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Latern Nano Materials 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 Latern Nano Materials India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Latern Nano Materials India Private Limited, buy the company report.
Financials of Latern Nano Materials India Private Limited
FY 2020 filings availableLatern Nano Materials India Private Limited reported revenue of ₹1.47 Cr (down 47% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 89%. EBITDA fell 34% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹23.07 Lakh | ||||
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| Net Profit (PAT) | -₹4.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | -2.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Latern Nano Materials India Private Limited, buy the company report.
Board of directors of Latern Nano Materials India Private Limited
Latern Nano Materials India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaarthik Also directs: Velloresemicon Private Limited, Robotik Wash Private Limited, Latern Innovative Engineering Private Limited and 1 more | Director | 06 Jan 2016 | 10 Years 10 Months | Current |
| Deepak | Director | 06 Jan 2016 | 10 Years 10 Months | Current |
Peer comparison
Latern Nano Materials India Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Ramesth Chemicals Private Limited | ₹1.47 Cr (FY 2025) | 64.0% | Silajuddi, Uttar Pradesh, India | |||
| Latern Nano Materials India Private Limitedthis company | ₹1.47 Cr (FY 2020) | -₹4.22 Lakh | -2.9% | -47.0% | Chennai, Tamil Nadu, India | |
| Sabarmati Fertilizer and Chemicals Industries Private Limited | ₹1.47 Cr (FY 2023) | 22.0% | Ahmedabad, Gujarat, India | |||
| Quality Fluorides Private Limited | ₹1.46 Cr (FY 2025) | -2.0% | Puducherry, India | |||
| Surfin Metal Products Private Limited | ₹1.45 Cr (FY 2021) | -19.0% | Angamaly, Kerala, India | |||
| Borax Chemi-Alliance Private Limited | ₹1.45 Cr (FY 2025) | -86.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Latern Nano Materials India Private Limited, buy the company report.
Auditor
Latern Nano Materials India Private Limited is audited by SIDHARTH MEHTA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIDHARTH MEHTA & CO | FY 2019 | 008108S |
Shareholding
The shareholding of Latern Nano Materials India Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Latern Nano Materials India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2018 | 100207458 | Others | ₹66.95 Lakh | Open | |
| 05 Sep 2017 | 100139203 | Others | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Latern Nano Materials India Private Limited has 9 court cases on record: 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 0 |
Cases on record (3 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Ms BMW India Financial Services Pvt Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Pon Pure Chemicals India Private Limited | Disposed |
To see the full case history of Latern Nano Materials 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 Latern Nano Materials India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Latern Nano Materials India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCL0055G1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Latern Nano Materials India Private Limited, buy the company report.
Recent activity
Latern Nano Materials India Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Kaarthik ceased to be Director on 09 Nov 2022.
Frequently asked questions
Latern Nano Materials India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 06 January 2016 (10+ years old) and is registered under CIN U24100TN2016PTC103550.
The latest financial statements of Latern Nano Materials India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Latern Nano Materials India is 33AADCL0055G1Z0, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Latern Nano Materials India is U24100TN2016PTC103550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Latern Nano Materials India has 9 court cases on record: 9 filed against it.
Latern Nano Materials India was incorporated on 06 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Latern Nano Materials India by revenue are Shri Ramesth Chemicals Private Limited, Sabarmati Fertilizer and Chemicals Industries Private Limited, Quality Fluorides Private Limited, Surfin Metal Products Private Limited, Borax Chemi-Alliance Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Kaarthik ceased to be Director on 09 Nov 2022. Deepak was appointed as Director on 06 Jan 2016. Kaarthik was appointed as Director on 06 Jan 2016.
Latern Nano Materials India can be reached through the website latern.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Latern Nano Materials India is at No.49 Jvl Paradise Ground Floor New Avadi Road, Chennai, Tamil Nadu, India – 600010.
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