Lakshmi Electrical Drives Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 16-11-2024
- Paid Up Capital ₹ 1.13 M
as on 16-11-2024
- Company Age 41 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 60.30 Cr
as on 16-11-2024
- Satisfied Charges ₹ 20.41 Cr
as on 16-11-2024
- Revenue 29.89%
(FY 2023)
- Profit 41.74%
(FY 2023)
- Ebitda 31.99%
(FY 2023)
- Net Worth 14.93%
(FY 2023)
- Total Assets 16.64%
(FY 2023)
About Lakshmi Electrical Drives
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.
- 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
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
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 and Corporate Structure Insights 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
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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 LimitedActive 43 years 2 monthsJayavarthanavelu Rajyalakshmi and Nethra Kumar are mutual person
Lakshmi Precision Technologies LimitedActive 58 years 8 monthsDinakaran Senthilkumar, Nethra Kumar and 1 more are mutual person
Lakshmi Cargo Company LimitedActive 33 years 7 daysJayavarthanavelu Rajyalakshmi is a mutual person
Harshni Textiles Private LimitedActive 21 years 2 monthsDinakaran Senthilkumar, Nethra Kumar and 1 more are mutual person
Lakshmi Electrical Control Systems LimitedActive 43 years 17 daysDinakaran Senthilkumar and Nethra Kumar are mutual person
Chakradhara Aerospace And Cargo Private LimitedActive 7 years 4 monthsJayavarthanavelu Rajyalakshmi is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 09 Feb 2007 | ₹7.30 Cr | Open |
Indian Bank Creation Date: 28 Sep 2004 | ₹53.00 Cr | Open |
Standard Chartered Bank Creation Date: 07 Jan 2008 | ₹5.00 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.
