LOTTE INDIA CORPORATION LIMITED is a part of Lotte Group of Korea. The company is a big player in confectionary space in India. The company is the owner of some prominent confectionary brands of India including Coffy Bite, Lacto King, Lotte Eclairs, Caramilk, BooProo and Spout gums.
The company played an important role in creating a ‘Pie’ Category in India with its product named, Lotte Choco Pie. It currently has a near to monopoly status.
The manufacturing facilities of the company are located in Chennai, Rohtak, and Nellikuppam (near Pondicherry). The network of the company is expanded to 26 CFAs, and 4 regional offices. The products of the company reaches to over a million retail stores through more than 2000 distributors.
| Outstanding Shares of Lotte India Corporation: | 1,08,63,768 |
| Face Value of Lotte India Corporation: | Rs. 10 Per Equity Share |
| ISIN of Lotte India Corporation: | INE185A01011 |
| Pan No of Lotte India Corporation: | AAACP1916F |
| Lot Size of Lotte India Corporation: | 100 Shares |
| Last Traded Price of Lotte India Corporation: | Rs. 410 |
| Date of Delisting of Lotte India Corporation: | 12-Oct-12 |
| Rate of Delisting of Lotte India Corporation: | Rs. 536 |
| Reason of Delisting of Lotte India Corporation: | Voluntary Delisting “ SEBI (Delisting of Securities) Guidelines 2003. |
|
CIN of Lotte India |
UI5419TN1954PLC001987 |
|
Registration Date of Lotte India |
26th March 1954 |
|
Category/Sub-category of Lotte India |
Limited by Shares |
|
Lotte India Registered office address and contact details |
4/111, Mount Poonamallee Road, Manapakkam, Chennai - 600 089. Phone: 044-22494444/55, |
|
Lotte India Registrar and Transfer Agent address and contact details |
M/s.Cameo Corporate Services Limited, 1, Club House Road (Off.Anna Salai), Chennai - 600 002, Phone:044-28460390, |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to total turnover of the Company |
|
Sugar Boiled Confectionery |
10733 |
38.00% |
|
Cakes and Biscuits |
10712 |
62.00% |
Yun Kang Jung (Chairman)
Milan Wahi (Managing Director)
In Chul Yeo (Whole Time Director)
Myeongrim Choi (Director)
D.G.Rajan (Independent Director)
Hye Lim Jeon (Independent Director)
|
Name of the Company |
% of shares held |
|
Lotte Engineering Construction Company |
0.00% |
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
Lotte Confectionery Company Limited (Promoter) |
1,07,08,440 |
98.57% |
|
2 |
Public Shareholding |
1,55,328 |
1.43% |
|
|
Total |
1,08,63,768 |
100.00% |
On the Valentine’s Day on an average nearly US$ 400 million of chocolates have been purchasing around the world accounting for the 5 of the Industry’s total sales. Three kinds of chocolate are very famous globally - Dark chocolate, Milk chocolate and White chocolate.
Switzerland is the world’s largest chocolate consumer. In Switzerland per Capital Consumptions is more than 10 kgs, in UK it is less than 10 kgs, in USA it is around 8 kgs per year. According to Statista research, worldwide chocolate confectionery market is approx US$178 billion in 2020. And it is having the potential to grow at CAGR 4.3% for next 5 years.
The impulse buying behaviour of consumers is boosting the sales of chocolates across the globe. Consumers in the shopping store might not specifically be shopping for the confectionary goods like, chocolates. However, related confectionary items displayed at prominent places attract buyers' attention and causes impulse buying behaviour in them. In the chocolate industry, packaging plays a very important role.
India is still a growing market for chocolate industry. Back to 10 years, People preferred to gift sweets over chocolates. But now people are inclining more towards chocolates for gifting. Indian consumers are now willing to pay more for quality and tasty chocolates. Demand for different flavours is rising, making the overall demand for chocolates to rise.
