About LTS Plastics (India) Private Limited
Data last updated:
LTS Plastics (India) Private Limited was a private limited company based in 24 Parganas, West Bengal, India. The company has been dissolved under section 54 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 plastic and resins segment of the manufacturing sector. It was incorporated on 13 November 1997.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U25209WB1997PTC085891. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.47 Cr. It was led by directors including Chitta Ranjan Saha (Managing Director) and Desh Bandu Saha.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Kaikhali Chiriamorepo – R – Gopalpur, 24 Parganas, West Bengal, India – 743518.
As per the financials filed for FY 2016, the company reported a revenue of ₹16.93 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.5 Lakh (net margin 0.1%) and EBITDA of ₹2.31 Cr (EBITDA margin 13.6%).
The company had about 131 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹27.58 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 4 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in December 2015.
The last known website on record is ltsindia.net.
Company details
Contact details
LTS Plastics (India) Private Limited's registered office is in 24 Parganas, West Bengal. Its website is ltsindia.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKaikhali Chiriamorepo – R – Gopalpur, 24 Parganas, West Bengal, India – 743518
- IndustryManufacturing, Plastic & Resins
To see the full contact details of LTS Plastics (India) 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 LTS Plastics (India) 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 LTS Plastics (India) Private Limited, buy the company report.
Financials of LTS Plastics (India) Private Limited
FY 2016 filings availableLTS Plastics (India) Private Limited reported revenue of ₹16.93 Cr (down 28% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year. EBITDA fell 16% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹16.93 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.31 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.5 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.6% | |
| Net Profit Margin | 0.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| 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 LTS Plastics (India) Private Limited, buy the company report.
Board of directors of LTS Plastics (India) Private Limited
LTS Plastics (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chitta Ranjan Saha | Managing Director | 13 Nov 1997 | 28 Years 11 Months | As last reported |
| Desh Bandu Saha | Director | 29 Sep 2001 | 25 Years 1 Months | As last reported |
| Mano Ranjan Saha | Director | 29 Sep 2001 | 25 Years 1 Months | As last reported |
Auditor
LTS Plastics (India) Private Limited is audited by A D R & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A D R & ASSOCIATES | FY 2016 | 325092E |
Shareholding
The shareholding of LTS Plastics (India) Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of LTS Plastics (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2001 | 90247082 | United Bank of India | ₹9.48 Cr | Open | |
| 15 Dec 2001 | 80016974 | United Bank of India | ₹18.1 Cr | Open |
To see the full charge records of LTS Plastics (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
LTS Plastics (India) Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in December 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Aug 2014 | Rights issue | ₹38.7 Lakh | Investors: 4 individuals |
| Aug 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Bee Tee Credit & Marketing Pvt Ltd , R P Exports Pvt Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
LTS Plastics (India) Private Limited has 5 court cases on record: 5 filed against it. 4 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 4 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Punjab National Bank. | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by an individual | Pending |
| District court, North Twenty Four Parganas, West Bengal | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of LTS Plastics (India) 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 LTS Plastics (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
LTS Plastics (India) 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 LTS Plastics (India) Private Limited, buy the company report.
Recent activity
LTS Plastics (India) Private Limited has 3 board changes on record since 1997: 3 appointments. The latest: Desh Bandu Saha was appointed as Director on 29 Sep 2001.
Frequently asked questions
LTS Plastics (India) has been "Dissolved Under Section 54" 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.
LTS Plastics (India) was a private limited company based in 24 Parganas, West Bengal, India. The company worked in plastic and resins, within the manufacturing industry. It was incorporated on 13 November 1997 and is registered under CIN U25209WB1997PTC085891. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
LTS Plastics (India) was incorporated on 13 November 1997. It is registered with the Registrar of Companies, Kolkata.
LTS Plastics (India) had 3 directors:
- Chitta Ranjan Saha - Managing Director
- Desh Bandu Saha - Director
- Mano Ranjan Saha - Director
The CIN (Corporate Identification Number) of LTS Plastics (India) is U25209WB1997PTC085891. 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 LTS Plastics (India) is at Kaikhali Chiriamorepo – R – Gopalpur, 24 Parganas, West Bengal, India – 743518.
LTS Plastics (India) can be reached through the website ltsindia.net. Its registered office is in 24 Parganas, West Bengal, India.
The latest financial statements of LTS Plastics (India) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. LTS Plastics (India) has 1 GST registration on record and it is cancelled or inactive.
LTS Plastics (India) operated in the manufacturing industry, in the plastic and resins segment.
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