About LB Wines Private Limited
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LB Wines Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 25 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74990PB2009PTC032964.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Virender Kumar and Virander Partap Singh.
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 is at B – 1 1446/13A Choti Haibowal, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.84 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹12.07 Lakh (net margin -206.5%) and EBITDA of -₹11.98 Lakh (EBITDA margin -205%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 68% over five years.
As per MCA filings, the company has satisfied charges of ₹4 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lbwines.com.
Company details
Contact details
LB Wines Private Limited's registered office is in Ludhiana, Punjab. Its website is lbwines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 1 1446/13A Choti Haibowal, Ludhiana, Punjab, India – 141001
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of LB Wines 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 LB Wines is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of LB Wines Private Limited, buy the company report.
Financials of LB Wines Private Limited
FY 2019 filings availableLB Wines Private Limited reported revenue of ₹5.84 Lakh (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years. EBITDA fell 303% 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 | -₹11.98 Lakh | ||||
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| Net Profit (PAT) | -₹12.07 Lakh | ||||
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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 | -205% | ||||
| Net Profit Margin | -206.5% | ||||
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To see the full financial statements and ratios of LB Wines Private Limited, buy the company report.
Board of directors of LB Wines Private Limited
LB Wines has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virender Kumar | Additional Director | 04 Aug 2023 | 3 Years 2 Months | Current |
| Virander Partap Singh | Additional Director | 04 Aug 2023 | 3 Years 2 Months | Current |
Auditor
LB Wines Private Limited is audited by Y B V & COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y B V & COMPANY | FY 2018 | 019656N |
Shareholding
The shareholding of LB Wines Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of LB Wines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2013 | 10437114 | State Bank of India | ₹4 Cr | Satisfied |
To see the full charge records of LB Wines Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
LB Wines Private Limited has 6 court cases on record: 2 filed by LB Wines, 4 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by Brindco Sales Private Limited | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by M/S Checkmate Services Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Ms Checkmate Services Pvt Ltd | Disposed |
| High Court of Punjab and Haryana | Tax appeal | Filed against the company by The PR Commissioner of Income Tax 1 Ludhiana | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Income Tax Officer and Others | Disposed |
To see the full case history of LB Wines 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 LB Wines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for LB Wines Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
LB Wines Private Limited has 10 board changes on record since 2012: 2 appointments and 8 cessations. The latest: Sagandeep Singh ceased to be Additional Director on 04 Aug 2023.
3 earlier events are in the company report.
Frequently asked questions
LB Wines is an active private limited company based in Ludhiana, Punjab, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 25 June 2009 (17+ years old) and is registered under CIN U74990PB2009PTC032964.
LB Wines has 2 current directors:
- Virender Kumar - Additional Director
- Virander Partap Singh - Additional Director
The latest financial statements of LB Wines 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.
The CIN (Corporate Identification Number) of LB Wines is U74990PB2009PTC032964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LB Wines has 6 court cases on record: 2 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
LB Wines was incorporated on 25 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chandigarh.
Sagandeep Singh ceased to be Additional Director on 04 Aug 2023. Vikas Kumar ceased to be Additional Director on 04 Aug 2023. Virander Partap Singh was appointed as Additional Director on 04 Aug 2023. LB Wines has 10 board changes on record in total.
LB Wines can be reached through the website lbwines.com. Its registered office is in Ludhiana, Punjab, India.
The registered office of LB Wines is at B – 1 144613A Choti Haibowal, Ludhiana, Punjab, India – 141001.
LB Wines operates in the food and beverages industry, in the food and beverage retail and distribution segment.