Lakshmi Automotives India Private Limited

Authorized dealership for Ashok Leyland vehicles in Visakhapatnam, Andhra Pradesh. Established in 2012.

2012 | Hyderabad, Telangana (India) | Active
Last Updated: July 02, 2024

Lakshmi Automotives India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.86 Cr
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.22 Cr
  • Satisfied Charges ₹ 12.68 Cr
  • Revenue Growth 29.37%
  • Profit Growth 16.52%
  • Ebitda 16.58%
  • Net Worth 26.30%
  • Total Assets 30.00%

About Lakshmi Automotives India

Lakshmi Automotives India Private Limited (LAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 February 2012 and has a history of 12 years and 11 months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Automotive 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 5.00 Cr and a paid-up capital of Rs 3.86 Cr.

The company currently has active open charges totaling ₹11.22 Cr. The company has closed loans amounting to ₹12.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lakshmi Kambhampati and Vishnu Sabbineni serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U50102TG2012PTC079132

  • Company No.

    079132

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Automotive

What products or services does Lakshmi Automotives India Private Limited offer?

Lakshmi Automotives India Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Medium & Heavy Commercial Vehicles, Trucks, Heavy Duty Truck, Ashok Leyland Truck, Special Purpose Vehicle.

Who are the key members and board of directors at Lakshmi Automotives India?

Board Members (2)

Name Designation Appointment Date Status
Lakshmi Kambhampati Country flag representing In Director 13-Feb-2012 Current
Vishnu Sabbineni Country flag representing In Director 02-Jul-2018 Current

Financial Performance of Lakshmi Automotives India.

Lakshmi Automotives India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.37% increase. The company also saw a substantial improvement in profitability, with a 16.52% increase in profit. The company's net worth Soared by an impressive increase of 26.3%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
29.37%
Revenue from Operations
29.47%
Total Assets
30.00%
Profit or Loss
16.52%
Net Worth
26.30%
EBITDA
16.58%

What is the Ownership and Shareholding Structure of Lakshmi Automotives India?

In 2023, Lakshmi Automotives India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.22 Cr

Satisfied Charges

₹12.68 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 11.22 Cr

Latest Charge Details

Date Lender Amount Status
02 Aug 2014 State Bank Of India ₹11.22 Cr Open
24 Oct 2019 Uco Bank ₹2.88 Cr Satisfied
17 Jun 2015 Hinduja Leyland Finance Limited ₹7.50 M Satisfied
12 Jun 2014 Reliance Capital Ltd ₹1.05 Cr Satisfied
14 Oct 2013 Indusind Bank Limited ₹3.00 Cr Satisfied

How Many Employees Work at Lakshmi Automotives India?

Lakshmi Automotives India has a workforce of 185 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lakshmi Automotives India, 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 Lakshmi Automotives India's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Lakshmi Automotives India

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 11.22 Cr registered on 02 Aug 2014 with Charge ID 10514460 was modified on 20 Mar 2024.

    20 Mar 2024

  • Annual General Meeting

    Lakshmi Automotives India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Lakshmi Automotives India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 24 Oct 2019 via Charge ID 100296546 with Uco Bank was fully satisfied on 12 Aug 2022.

    12 Aug 2022

  • Charges

    A charge with Uco Bank amounted to Rs. 2.88 Cr with Charge ID 100296546 was registered on 24 Oct 2019.

    24 Oct 2019

  • Director Appointment

    Vishnu Teja Sabbineni was appointed as a Director was appointed as a Director on 02 Jul 2018 & has been associated with this company since 6 years 7 months .

    02 Jul 2018

Frequently asked questions

  • Lakshmi Automotives India Private Limited was incorporated on 13 Feb 2012.

  • The authorized share capital of Lakshmi Automotives India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.86 Cr.

  • Currently 2 directors are associated with Lakshmi Automotives India Private Limited.

    • Lakshmi Kambhampati
    • Vishnu Teja Sabbineni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lakshmi Automotives India Private Limited is H.No.1-10-127 Street No.9 Ashok Nagar, Hyderabad, Telangana, India, 500020.

  • The corporate identification number (CIN) of Lakshmi Automotives India Private Limited is U50102TG2012PTC079132 and the company number is 079132 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lakshmi Automotives India Private Limited is https://www.lakshmiautomotives-rajamundry.ashokleyland.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lakshmi Automotives India Private Limited has risen by 29.37%.

  • As Per 2023 financial reports, 185 employees are currently employed by Lakshmi Automotives India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lakshmi Automotives India Private Limited has experienced an upsurge of 26.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lakshmi Automotives India Private Limited amount to ₹ 11.22 Cr.

  • The most recent Balance Sheet for Lakshmi Automotives India Private Limited was filed with the ROC on 31 Mar 2023.

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