Laurus Tradecon Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Pune, Maharashtra, India, established in 2007.
2007 Pune, Maharashtra, India Amalgamated
Last Updated:
About Laurus Tradecon Private Limited

Laurus Tradecon Private Limited, a amalgamated private limited company, was established on 19 October 2007 in Pune, Maharashtra, India. Engaging in electronic appliances retail & distribution within the professional, scientific and technical sector, it holds CIN: U51909PN2007PTC130869. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹10.01 Cr and a paid-up capital of ₹5.40 M.

Formerly known as Palatial Trading Private Limited, Lighto Technologies Private Limited. It upholds a compliant status. Its leadership includes Shivaji Shankar Patil (Director), Vijaykumar Gangadhar Ravetkar (Director). Past directors included Narayan Vithal Karbhase, Shivaji Shankar Patil, Hemant Karambelkar. It holds no open charges and ₹5.92 Cr settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at 503, 5Th Floor, Lunkad Sky Station Co-Operatives Premises Society Limited,V, Iman Nagar, Pune, Maharashtra, 411014.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51909PN2007PTC130869

  • Registration Number

    130869

  • Incorporation Date

    19 October 2007

  • Authorized Capital

    ₹10.01 Cr

  • Paid-Up Capital

    ₹5.40 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 10.01 Cr
  • Paid Up Capital ₹ 5.40 M
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.92 Cr
  • Revenue Growth **** -54.61%
  • Profit Growth **** -44.76%
  • Ebitda **** -66.21%
  • Net Worth 39.66%
  • Total Assets -63.39%
Company report

Laurus Tradecon Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Laurus Tradecon Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Laurus Tradecon Private Limited?
Current Directors
Name Designation Appointment Date Status
Shivaji Shankar Patil Director 01 Jul 2024 Current
Vijaykumar Gangadhar Ravetkar Director 08 Jun 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Dec 2017 Past
Pramod Abcsdd Additional Director 25 Sep 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past
Pramod Abcsdd Director 21 Dec 2017 Past
Pramod Abcsdd Additional Director 29 Dec 2020 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past

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Financial Performance of Laurus Tradecon.

Laurus Tradecon Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 54.61% decrease. The company also saw a substantial fall in profitability, with a 44.76% decrease in profit. The company's net worth Soared by an impressive increase of 39.66%.

Laurus Tradecon revenue growth over time
Laurus Tradecon profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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-54.61%
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Revenue from Operations
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-64.72%
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Total Assets
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-63.39%
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Profit or Loss
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-44.76%
*******
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Net Worth
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39.66%
*******
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*******
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EBITDA
*******
-66.21%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Laurus Tradecon?

In 2019, Laurus Tradecon had a promoter holding of 52.01% and a public holding of 47.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹59,200,000.00

Charges Breakdown by Lending Institutions
  • Corporation Bank : 5.92 Cr
Latest Charge Details
Date Lender Amount Status
11 Sep 2012 Corporation Bank ₹5.92 Cr Satisfied

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How Many Employees Work at Laurus Tradecon?

Unlock and access historical data on people associated with Laurus Tradecon, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Laurus Tradecon, 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 Laurus Tradecon'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.

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Latest Updates, News, and FAQs on Laurus Tradecon
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Laurus Tradecon Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was documented.

  • Director Appointment

    Shivaji Shankar Patil was appointed as a Director was appointed as a Director on 01 Jul 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.

  • Balance Sheet

    Progress on Laurus Tradecon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was documented.

  • Director Appointment

    Progress on Vijaykumar Gangadhar Ravetkar was appointed as a Director was appointed as a Director on 08 Jun 2020 & has been associated with this company since 5 years 8 months . was documented.

  • Charges

    The activity A charge registered on 11 Sep 2012 via Charge ID 10379036 with Corporation Bank was fully satisfied on 05 Jun 2020. was completed.

  • Charges

    Progress on A charge with Corporation Bank of Rs. 5.92 Cr registered on 11 Sep 2012 with Charge ID 10379036 was modified on 20 Dec 2013. was documented.

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Frequently Asked Questions
What is the CIN of Laurus Tradecon Private Limited?

The CIN of Laurus Tradecon Private Limited is U51909PN2007PTC130869.

Where is Laurus Tradecon Private Limited headquartered?

Laurus Tradecon Private Limited is headquartered at 503, 5Th Floor, Lunkad Sky Station Co-Operatives Premises Society Limited,V, Iman Nagar, Pune, Maharashtra, 411014.

When was Laurus Tradecon Private Limited incorporated?

Laurus Tradecon Private Limited was incorporated on 19 October 2007.

Who are the current directors of Laurus Tradecon Private Limited?

The current directors of Laurus Tradecon Private Limited are

What is the primary industry of Laurus Tradecon Private Limited?

The primary industry of Laurus Tradecon Private Limited is Professional, Scientific And Technical.

Is Laurus Tradecon Private Limited a listed company?

Laurus Tradecon Private Limited is unlisted.

What is the capital structure of Laurus Tradecon Private Limited?

The authorized capital of Laurus Tradecon Private Limited is ₹10.01 Cr, and the paid-up capital is ₹5.40 M.

What is the compliance status of Laurus Tradecon Private Limited?

The compliance status of Laurus Tradecon Private Limited is Compliant.

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