About Luften Tech Private Limited
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Luften Tech Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 29 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36998GJ2013PTC077366. Its GSTIN is 24AACCL5821B1Z2 (Gujarat).
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors Sanatkumar Thobhanbhai Kasundra and Pratik Sanatbhai Kasundra.
Its last annual general meeting (AGM) was held on 26 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No 9 G.I.D.C Behind Swaminarayan Mandir Shanala Road, Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2022, the company reported a revenue of ₹14.63 Lakh, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Lakh (net margin -8.5%) and EBITDA of -₹3.08 Lakh (EBITDA margin -21%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
As per MCA filings, the company has satisfied charges of ₹45.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website luftentech.com.
Company details
Contact details
Luften Tech Private Limited's registered office is in Morbi, Gujarat. Its website is luftentech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 9 G.I.D.C Behind Swaminarayan Mandir Shanala Road, Morbi, Gujarat, India – 363641
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Luften Tech 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
Financials of Luften Tech Private Limited
FY 2023 filings availableLuften Tech Private Limited reported revenue of ₹14.63 Lakh (up 56% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 56% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹14.63 Lakh | ||||
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| EBITDA | -₹3.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21% | ||||
| Net Profit Margin | -8.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Luften Tech Private Limited, buy the company report.
Board of directors of Luften Tech Private Limited
Luften Tech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanatkumar Thobhanbhai Kasundra | Director | 29 Oct 2013 | 12 Years 11 Months | Current |
| Pratik Sanatbhai Kasundra | Director | 29 Oct 2013 | 12 Years 11 Months | Current |
Auditor
Luften Tech Private Limited is audited by BARASARA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BARASARA & ASSOCIATES | FY 2018 | 146058W |
Shareholding
The shareholding of Luften Tech Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Luften Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2014 | 10477401 | Central Bank of India | ₹45.5 Lakh | Satisfied |
To see the full charge records of Luften Tech Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Luften Tech 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 Luften Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Luften Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCL5821B1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Luften Tech Private Limited, buy the company report.
Recent activity
Luften Tech Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Hasmukhbhai Thobhanbhai Kasundra ceased to be Director on 10 Aug 2018.
Frequently asked questions
Luften Tech is an active private limited company based in Morbi, Gujarat, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 29 October 2013 (13+ years old) and is registered under CIN U36998GJ2013PTC077366.
Luften Tech has 2 current directors:
- Sanatkumar Thobhanbhai Kasundra - Director
- Pratik Sanatbhai Kasundra - Director
The latest financial statements of Luften Tech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 26 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Luften Tech is 24AACCL5821B1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Luften Tech is U36998GJ2013PTC077366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Luften Tech was incorporated on 29 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hasmukhbhai Thobhanbhai Kasundra ceased to be Director on 10 Aug 2018. Pratik Sanatbhai Kasundra was appointed as Director on 29 Oct 2013. Sanatkumar Thobhanbhai Kasundra was appointed as Director on 29 Oct 2013.
Luften Tech can be reached through the website luftentech.com. Its registered office is in Morbi, Gujarat, India.
The registered office of Luften Tech is at Plot No 9 G.I.D.C Behind Swaminarayan Mandir Shanala Road, Morbi, Gujarat, India – 363641.
Luften Tech operates in the manufacturing industry, in the wood products and mdf segment.