About Lotus Auto Engineering Limited
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Lotus Auto Engineering Limited was a public limited company based in Kolkata, West Bengal, 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 auto parts and components segment of the automotive sector. It was incorporated on 25 November 2010.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U74120WB2010PLC267057. Its GSTIN is 08AABCL9253C1ZL (Rajasthan). The company held 5 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.36 Cr. It was led by directors including Rakesh Kumar and Khyali.
Its last annual general meeting (AGM) was held on 31 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Kolkata, West Bengal.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.58 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net profit of ₹11.47 Lakh (net margin 1.7%) and EBITDA of ₹2 Cr (EBITDA margin 30.3%). Revenue has declined at a compounded annual rate (CAGR) of 39% over five years.
The company had about 9 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Lotus Auto Engineering Ltd. As per MCA filings, the company had open charges of ₹175 Cr and satisfied charges of ₹225 Cr on record. Court records list 28 cases involving the company, including 14 filed by the company and 14 filed against it; 13 cases are pending. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹247.4 Cr; the latest was in June 2021.
The last known website on record is lotus-auto.in.
Company details
CIN history
Lotus Auto Engineering has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74120WB2010PLC267057, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120WB2010PLC267057 | Current |
| U29220DL2010PLC210772 | Previous |
| U74120DL2010PLC210772 | Previous |
Contact details
Lotus Auto Engineering Limited's registered office is in Kolkata, West Bengal. Its website is lotus-auto.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address62, Hazra Road, Kolkata, West Bengal, India – 700019
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Lotus Auto Engineering 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
Brands
Lotus Auto Engineering operates one associated brand: LOTUS AUTO ENGINEERING LTD. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Auto engineering, gears manufacturing, and industrial supplies services. | lotus-auto.in |
Business activity
The main business activity of Lotus Auto Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Lotus Auto Engineering Limited, buy the company report.
Financials of Lotus Auto Engineering Limited
FY 2024 filings availableLotus Auto Engineering Limited reported revenue of ₹6.58 Cr (up 97% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 97% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 39%. EBITDA rose 101% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2 Cr | ||||
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| Net Profit (PAT) | ₹11.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.3% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Lotus Auto Engineering Limited, buy the company report.
Board of directors of Lotus Auto Engineering Limited
Lotus Auto Engineering has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar | Director | 09 Jun 2021 | 5 Years 4 Months | As last reported |
| Khyali Also directs: Bothra Finlease Private Limited | Director | 09 Jun 2021 | 5 Years 4 Months | As last reported |
| Rajan Dhiman Also directs: Allenberry Burmans India Limited | Director | 09 Jun 2021 | 5 Years 4 Months | As last reported |
Auditor
Lotus Auto Engineering Limited is audited by S J S K & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S J S K & CO | FY 2019 | 023631C |
Shareholding
The shareholding of Lotus Auto Engineering Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lotus Auto Engineering Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2015 | 10614202 | Oriental Bank of Commerce | ₹50 Cr | Satisfied | |
| 29 Sep 2011 | 10316397 | Oriental Bank of Commerce | ₹175 Cr | Satisfied |
To see the full charge records of Lotus Auto Engineering Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Lotus Auto Engineering Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹247.4 Cr; the latest was in June 2021.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Tropical Steel Private Limited , Tanmay Steel & Alloys Private Limited , Dolphin Spare Parts Private Limited Seller: Siyoina Advisory Services Private Limited, Birbal Advisory Private Limited , Next Generation Advisory Services Private Limited |
| Mar 2013 | Funding round | ₹73.76 Cr | Investors: Acil Limited , Argl Limited |
| Nov 2011 | Funding round | ₹140 Cr | Investors: Siyoina Advisory Services Private Limited, Birbal Advisory Private Limited , Next Generation Advisory Services Private Limited |
To see the full deal history of Lotus Auto Engineering Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lotus Auto Engineering Limited has 28 court cases on record: 14 filed by Lotus Auto Engineering, 14 filed against it. 13 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 16 | 5 | 4 |
| District courts | 9 | 9 | 8 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed by the company against an individual | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against individuals | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against individuals | Pending |
| District court, Alwar, Rajasthan | Court case (Labour / Industrial Main Case) | Filed against the company by an individual | Pending |
| District court, Alwar, Rajasthan | Court case (Labour / Industrial Main Case) | Filed against the company by an individual | Pending |
To see the full case history of Lotus Auto Engineering 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 Lotus Auto Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lotus Auto Engineering Limited has a workforce of 9 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Lotus Auto Engineering has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCL9253C1ZL | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lotus Auto Engineering Limited, buy the company report.
Recent activity
Lotus Auto Engineering Limited has 25 board changes on record since 2010: 14 appointments and 11 cessations. The latest: Khyali was appointed as Director on 09 Jun 2021.
21 earlier events are in the company report.
Frequently asked questions
Lotus Auto Engineering 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.
Lotus Auto Engineering was a public limited company based in Kolkata, West Bengal, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 25 November 2010 and is registered under CIN U74120WB2010PLC267057. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Lotus Auto Engineering was incorporated on 25 November 2010. It is registered with the Registrar of Companies, Kolkata.
Lotus Auto Engineering had 3 directors:
- Rakesh Kumar - Director
- Khyali - Director
- Rajan Dhiman - Director
The CIN (Corporate Identification Number) of Lotus Auto Engineering is U74120WB2010PLC267057. 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 Lotus Auto Engineering is at 62, Hazra Road, Kolkata, West Bengal, India – 700019.
Lotus Auto Engineering can be reached through the website lotus-auto.in. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Lotus Auto Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lotus Auto Engineering is 08AABCL9253C1ZL, registered in Rajasthan. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
Lotus Auto Engineering operated in the automotive industry, in the auto parts and components segment.