Lotus Ispat Private Limited
About Lotus Ispat Private Limited
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Lotus Ispat Private Limited is a private limited company based in Asansol, West Bengal, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 08 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51101WB2010PTC147118. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.46 Lakh. It is led by directors including Ashish Singh and Anil Kumar Maurya.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Anand Apartment 5th Floor Opp A.G.Church School, Asansol, West Bengal, India – 713304.
As per the financials filed for FY 2019, the company reported a revenue of ₹19,500, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹1,417 (net margin 7.3%) and EBITDA of -₹14,500 (EBITDA margin -74.4%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years.
As per MCA filings, the company has open charges of ₹1.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Lotus Ispat Private Limited's registered office is in Asansol, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressAnand Apartment 5th Floor Opp A.G.Church School, Asansol, West Bengal, India – 713304
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Lotus Ispat 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 Lotus Ispat is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Lotus Ispat Private Limited
FY 2021 filings availableLotus Ispat Private Limited reported revenue of ₹19,500 (down 56% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over three years, including a 56% fall 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19,500 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹14,500 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,417 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -74.4% | ||||
| Net Profit Margin | 7.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Lotus Ispat Private Limited, buy the company report.
Board of directors of Lotus Ispat Private Limited
Lotus Ispat has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Singh | Director | 01 Aug 2022 | 4 Years 3 Months | Current |
| Anil Kumar Maurya | Director | 01 Aug 2022 | 4 Years 3 Months | Current |
| Anand Prasad Jaiswal Also directs: Rising Udyog Private Limited | Director | 08 May 2010 | 16 Years 5 Months | Current |
Auditor
Lotus Ispat Private Limited is audited by GOPAL GORAI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOPAL GORAI & CO | FY 2019 | 327862E |
Shareholding
The shareholding of Lotus Ispat Private 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 Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2010 | 10253531 | Oriental Bank of Commerce | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Lotus Ispat Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lotus Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lotus Ispat has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Lotus Ispat Private Limited, buy the company report.
Recent activity
Lotus Ispat Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Anil Kumar Maurya was appointed as Director on 01 Aug 2022.
Frequently asked questions
Lotus Ispat is an active private limited company based in Asansol, West Bengal, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 08 May 2010 (16+ years old) and is registered under CIN U51101WB2010PTC147118.
Lotus Ispat has 3 current directors:
- Ashish Singh - Director
- Anil Kumar Maurya - Director
- Anand Prasad Jaiswal - Director
The latest financial statements of Lotus Ispat on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Lotus Ispat has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Lotus Ispat is U51101WB2010PTC147118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lotus Ispat was incorporated on 08 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kolkata.
Anil Kumar Maurya was appointed as Director on 01 Aug 2022. Ashish Singh was appointed as Director on 01 Aug 2022. Preeti Jaiswal ceased to be Director on 01 Aug 2022. Lotus Ispat has 4 board changes on record in total.
The registered office of Lotus Ispat is at Anand Apartment 5th Floor Opp A.G.Church School, Asansol, West Bengal, India – 713304.
Lotus Ispat operates in the metals and minerals industry, in the construction materials retail and distribution segment.
Lotus Ispat has open charges of ₹1.5 Cr and no satisfied charges on record as per latest MCA filings.
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