Lagnam Spintex Profile
Key Indicators
- Authorised Capital ₹ 22.50 Cr
- Paid Up Capital ₹ 17.67 Cr
- Company Age 14 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 478.27 Cr
- Satisfied Charges ₹ 27.10 Cr
- Revenue Growth -12.63%
- Profit Growth -66.10%
- Ebitda -47.28%
- Net Worth 10.46%
- Total Assets 11.17%
About Lagnam Spintex
Lagnam Spintex Limited (LSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 June 2010 and has a history of 14 years and eight months. Its registered office is in Bhilwara, Rajasthan, India.
It is listed on the National Stock Exchange(NSE) under the ticker symbol LAGNAM.
The Corporate was formerly known as Lagnam Spintex Private Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 22.50 Cr and a paid-up capital of Rs 17.67 Cr.
The company currently has active open charges totaling ₹478.27 Cr. The company has closed loans amounting to ₹27.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lagnam Spintex Limited India are Devilal Mundra as CFO and Rajeev Parashar as Company Secretary. Jagdish Laddha, Anil Shah, Dwarka Mangal, and Four other members serve as directors at the Company.
Company Details
- Location
Bhilwara, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L17119RJ2010PLC032089
- Company No.
032089
- Stock Symbol
NSE : LAGNAM
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jun 2010
- Date of AGM
28 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Jaipur
Industry
Who are the key members and board of directors at Lagnam Spintex?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anand Mangal  | Managing Director | 12-Jun-2010 | Current |
| Devilal Mundra | CFO | 01-Feb-2018 | Current |
| Rajeev Parashar | Company Secretary | 01-Feb-2018 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shubh Mangal | Whole-Time Director | 31-Mar-2013 | Current |
| Dipali Mathur | Director | 10-Feb-2018 | Current |
| Jagdish Laddha | Director | 10-Feb-2018 | Current |
| Anil Shah | Director | 10-Feb-2018 | Current |
| Dwarka Mangal | Whole-Time Director | 11-Jun-2010 | Current |
| Vijay Bapna | Director | 23-Dec-2017 | Current |
Financial Performance of Lagnam Spintex.
Lagnam Spintex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.63% decrease. The company also saw a substantial fall in profitability, with a 66.1% decrease in profit. The company's net worth Soared by an impressive increase of 10.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lagnam Spintex?
In 2023, Lagnam Spintex had a promoter holding of 68.50% and a public holding of 31.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sudiva Spinners Private LimitedJagdish Laddha is a mutual person
Lagnam Infotech Solutions Private LimitedShubh Mangal is a mutual person
Vinati Organics LimitedJagdish Laddha is a mutual person
Mmp Industries LimitedVijay Bapna is a mutual person
Bsl LtdJagdish Laddha is a mutual person
Usha Martin LimitedVijay Bapna is a mutual person
Charges (Loans)
₹478.27 Cr
₹27.10 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 303.17 Cr
- Others : 101.88 Cr
- Indian Bank : 73.00 Cr
- Hdfc Bank Limited : 0.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 May 2023 | Others | ₹9.71 Cr | Open |
| 08 Dec 2022 | Hdfc Bank Limited | ₹2.15 M | Open |
| 02 Aug 2022 | State Bank Of India | ₹45.00 Cr | Open |
| 01 Aug 2022 | Others | ₹45.00 Cr | Open |
| 01 Aug 2022 | Indian Bank | ₹73.00 Cr | Open |
How Many Employees Work at Lagnam Spintex?
Lagnam Spintex has a workforce of 689 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lagnam Spintex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Lagnam Spintex's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
