Lakshmi Electrical Drives Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 1.13 M
- Company Age 42 Year, 9 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 60.30 Cr
- Satisfied Charges ₹ 20.41 Cr
- Revenue Growth 29.89%
- Profit Growth 41.74%
- Ebitda 31.99%
- Net Worth 14.93%
- Total Assets 16.64%
About Lakshmi Electrical Drives
Lakshmi Electrical Drives Private Limited (LEDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 March 1983 and has a history of 42 years. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Lakshmi Electrical Drives 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 1.13 M.
The company currently has active open charges totaling ₹60.30 Cr. The company has closed loans amounting to ₹20.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lakshmi Electrical Drives Private Limited India is Narayanasamy Seshadri as CEO. Jayavarthanavelu Rajyalakshmi, Dinakaran Senthilkumar, Nethra Kumar, and Three other members serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31200TZ1983PTC001258
- Company No.
001258
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Mar 1983
- Date of AGM
16 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Consumer Electronics & Durables
What products or services does Lakshmi Electrical Drives Private Limited offer?
Lakshmi Electrical Drives Private Limited offers a wide range of products and services, including Electric Motors and Components, Industrial Motors, AC Motor.
Who are the key members and board of directors at Lakshmi Electrical Drives?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narayanasamy Seshadri  | CEO | 09-Mar-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jayavarthanavelu Rajyalakshmi | Director | 03-Mar-1983 | Current |
| Dinakaran Senthilkumar | Director | 15-Mar-1996 | Current |
| Nethra Kumar | Director | 18-Jan-1991 | Current |
| Vedhanth Kumar | Whole-Time Director | 29-Aug-2018 | Current |
| Rajalakshmanan Kumar | Director | 05-May-2023 | Current |
| Narayanasamy Seshadri | Whole-Time Director and Ceo | 15-Feb-2024 | Current |
Financial Performance of Lakshmi Electrical Drives.
Lakshmi Electrical Drives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.89% increase. The company also saw a substantial improvement in profitability, with a 41.74% increase in profit. The company's net worth Soared by an impressive increase of 14.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Lakshmi Electrical Drives?
In 2023, Lakshmi Electrical Drives had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Starline Travels Private LimitedJayavarthanavelu Rajyalakshmi and Nethra Kumar are mutual person
Lakshmi Precision Technologies LimitedDinakaran Senthilkumar, Nethra Kumar and 1 more are mutual person
Lakshmi Cargo Company LimitedJayavarthanavelu Rajyalakshmi is a mutual person
Harshni Textiles Private LimitedDinakaran Senthilkumar, Nethra Kumar and 1 more are mutual person
Lakshmi Electrical Control Systems LimitedDinakaran Senthilkumar and Nethra Kumar are mutual person
Chakradhara Aerospace And Cargo Private LimitedJayavarthanavelu Rajyalakshmi is a mutual person
Charges (Loans)
Open Charges
₹603.00 M
Satisfied Charges
₹204.06 M
Charges Breakdown by Lending Institutions
- Indian Bank : 60.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Feb 2007 | Indian Bank | ₹7.30 Cr | Open |
| 28 Sep 2004 | Indian Bank | ₹53.00 Cr | Open |
| 07 Jan 2008 | Standard Chartered Bank | ₹5.00 Cr | Satisfied |
| 23 Feb 2005 | Industrial Development Bank Of India Ltd | ₹4.35 Cr | Satisfied |
| 28 Nov 2004 | Indian Bank | ₹4.35 Cr | Satisfied |
How Many Employees Work at Lakshmi Electrical Drives?
Lakshmi Electrical Drives has a workforce of 156 employees as of Mar 23, 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 Lakshmi Electrical Drives, 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 Electrical Drives'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.
Latest Updates, News, and FAQs on Lakshmi Electrical Drives
Recent activity within the organization
- Annual General Meeting
Lakshmi Electrical Drives Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
- Charges
A charge with Indian Bank of Rs. 530.00 M registered on 28 Sep 2004 with Charge ID 90001709 was modified on 11 Jun 2024.
- Balance Sheet
Lakshmi Electrical Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Director Appointment
Narayanasamy Seshadri was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Feb 2024 & has been associated with this company since 1 year 25 days .
- Director Appointment
Vedhanth Senthil Kumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Aug 2018 & has been associated with this company since 6 years 6 months .
- Charges
A charge with Indian Bank of Rs. 73.00 M registered on 09 Feb 2007 with Charge ID 10045596 was modified on 13 Oct 2017.
Frequently asked questions
What is the Incorporation or founding date of Lakshmi Electrical Drives Private Limited?
Lakshmi Electrical Drives Private Limited was incorporated on 03 Mar 1983.
What is authorized share capital and paid-up capital of Lakshmi Electrical Drives Private Limited?
The authorized share capital of Lakshmi Electrical Drives Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.13 M.
Who are the current board members & directors of Lakshmi Electrical Drives Private Limited?
Currently 7 directors are associated with Lakshmi Electrical Drives Private Limited.
- Jayavarthanavelu Rajyalakshmi
- Dinakaran Senthilkumar
- Nethra Jayavarthanavelu Senthil Kumar
- Vedhanth Senthil Kumar
- Rajalakshmanan Sathish Kumar
- Narayanasamy Seshadri
- Narayanasamy Seshadri
What is the registered address of Lakshmi Electrical Drives Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lakshmi Electrical Drives Private Limited is 504, Avanashi Road Peelamedu Post India, Coimbatore, Tamil Nadu, 641004.
What is the corporate identification number (CIN) and company number of Lakshmi Electrical Drives Private Limited?
The corporate identification number (CIN) of Lakshmi Electrical Drives Private Limited is U31200TZ1983PTC001258 and the company number is 001258 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lakshmi Electrical Drives Private Limited?
The Official website of Lakshmi Electrical Drives Private Limited is https://www.ledl.in
What has been the recent revenue trend for Lakshmi Electrical Drives Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Lakshmi Electrical Drives Private Limited has risen by 29.89%.
How many employees does Lakshmi Electrical Drives Private Limited currently have?
As Per 2023 financial reports, 156 employees are currently employed by Lakshmi Electrical Drives Private Limited.
What change has been observed in the net worth of Lakshmi Electrical Drives Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lakshmi Electrical Drives Private Limited has experienced an upsurge of 14.93%.
What are the total open charges for Lakshmi Electrical Drives Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Lakshmi Electrical Drives Private Limited amount to ₹ 60.30 Cr.
When was the last Balance Sheet of Lakshmi Electrical Drives Private Limited filed with the ROC?
The most recent Balance Sheet for Lakshmi Electrical Drives Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
NT
Narayanasamy ThayarammalDirectorRM
Ramaswamy MahendranDirectorRR
Reddigari ReddyDirectorSN
Shiekh NajmulhussainDirectorSK
Sethuraj KothandaramDirector