About Lovepac Converting Private Limited
Data last updated:
Lovepac Converting Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Nolato Ab. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 27 July 2009.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U24297TN2009PTC112768. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹18.5 Cr and a paid-up capital of ₹18.5 Cr. It was led by directors including Sandeep Kulangara Jayaraman and Yuehong Wang.
Its last annual general meeting (AGM) was held on 31 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Regus Chennai Office Centre Pvt Ltd 3rd Flr Shyamala Tower No.136 Arcot Rd S, Aligramam, Tamil Nadu, India – 600093.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.22 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.78 Cr (net margin 228.3%) and EBITDA of ₹2.78 Cr (EBITDA margin 228.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
The company was associated with 1 brand: Nolato. Court records list 1 case involving the company, including 1 filed by the company. The company has 9 deals on record (3 funding rounds, 3 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹18.49 Cr; the latest was in March 2019.
The last known website on record is nolato.com.
Company details
CIN history
Lovepac Converting has one previous CIN (Corporate Identification Number): U24297AP2009PTC064510. The current CIN is U24297TN2009PTC112768, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24297TN2009PTC112768 | Current |
| U24297AP2009PTC064510 | Previous |
Contact details
Lovepac Converting Private Limited's registered office is in Chennai, Tamil Nadu. Its website is nolato.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRegus Chennai Office Centre Pvt Ltd 3rd Flr Shyamala Tower No.136 Arcot Rd S, Aligramam, Tamil Nadu, India – 600093
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Lovepac Converting 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
Brands
Lovepac Converting operates one associated brand: Nolato. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Polymer-based products are manufactured for medical, electronics, and automotive sectors. | nolato.com |
Business activity
The main business activity of Lovepac Converting is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Lovepac Converting Private Limited, buy the company report.
Financials of Lovepac Converting Private Limited
FY 2019 filings availableLovepac Converting Private Limited reported revenue of ₹1.22 Cr (down 1% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 16%. 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 | ₹2.78 Cr | ||||
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| Net Profit (PAT) | ₹2.78 Cr | ||||
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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 | 228.3% | ||||
| Net Profit Margin | 228.3% | ||||
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To see the full financial statements and ratios of Lovepac Converting Private Limited, buy the company report.
Board of directors of Lovepac Converting Private Limited
Lovepac Converting has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Kulangara Jayaraman | Director | 12 Jun 2014 | 12 Years 4 Months | As last reported |
| Yuehong Wang | Director | 14 Nov 2012 | 13 Years 11 Months | As last reported |
| Wang Hao | Director | 30 Apr 2011 | 15 Years 5 Months | As last reported |
Shareholding
The shareholding of Lovepac Converting Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Lovepac Converting Private Limited, buy the company report.
Deals & funding
Lovepac Converting Private Limited has 9 deals on record (3 funding rounds, 3 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹18.49 Cr; the latest was in March 2019.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Nolato AB Public Company & Ankit Sharma Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Nolato AB Public Company, an individual Seller: an individual |
| Jul 2011 | Funding round | ₹2.84 Cr | Investors: Nolato AB Public Company |
| Jun 2010 | Funding round | ₹1.17 Cr | Investors: Nolato AB Public Company |
| Aug 2009 | Funding round | ₹64 Lakh | Investors: Nolato AB Public Company |
To see the full deal history of Lovepac Converting Private 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
Lovepac Converting Private Limited has 1 court case on record: 1 filed by Lovepac Converting. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Lovepac Converting 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 Lovepac Converting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lovepac Converting has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Lovepac Converting Private Limited, buy the company report.
Recent activity
Lovepac Converting Private Limited has 9 board changes on record since 2010: 3 appointments and 6 cessations. The latest: Kiruba Sankar Govindasamy Athuppakkam ceased to be Director on 01 Oct 2016.
Frequently asked questions
Lovepac Converting has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Lovepac Converting was a private limited company based in Chennai, Tamil Nadu, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 27 July 2009 and is registered under CIN U24297TN2009PTC112768. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Lovepac Converting was incorporated on 27 July 2009. It is registered with the Registrar of Companies, Chennai.
Lovepac Converting had 3 directors:
- Sandeep Kulangara Jayaraman - Director
- Yuehong Wang - Director
- Wang Hao - Director
The CIN (Corporate Identification Number) of Lovepac Converting is U24297TN2009PTC112768. 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 Lovepac Converting is at Regus Chennai Office Centre Pvt Ltd 3rd Flr Shyamala Tower No.136 Arcot Rd S, Aligramam, Tamil Nadu, India – 600093.
Lovepac Converting can be reached through the website nolato.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Lovepac Converting on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 31 August 2019. Year-wise statements from 2015 are in the company report.
No. Lovepac Converting has 2 GST registrations on record and all of them are cancelled or inactive.
Lovepac Converting operated in the business outsourcing industry, in the business and IT consulting segment.