Lakshmi Finance And Industrial Corporation Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 101 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.64 M
- Revenue Growth -54.82%
- Profit Growth -90.35%
- Ebitda -94.63%
- Net Worth -0.78%
- Total Assets -1.56%
About Lakshmi Finance And Industrial Corporation
Lakshmi Finance And Industrial Corporation Ltd (LFAICL) was founded in India on 20 November 1923 and has a glorious history of 101 years and four months.Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Financial Services 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 6.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹2.64 M.
The Key Managerial Personnel (KMP) at Lakshmi Finance And Industrial Corporation Ltd India are U Kumar as CFO and Deepa Gusain as Company Secretary. Nageswararao Dukkipati, Shanti Bolleni, Kapil Kanuri, and Three other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L65920TG1923PLC000044
- Company No.
000044
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Nov 1923
- Date of AGM
22 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Hyderabad
Industry
Financial Services
Lakshmi Finance And Industrial Corporation Ltd
Explore comprehensive data for Lakshmi Finance And Industrial Corporation Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Lakshmi Finance And Industrial Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
U Kumar  | CFO | 05-Aug-2014 | Current |
| Harishchandra Kanuri | Managing Director | 01-Apr-2013 | Current |
| Deepa Gusain | Company Secretary | 03-Feb-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nageswararao Dukkipati | Director | 22-Aug-2024 | Current |
| Shanti Bolleni | Director | 08-Nov-2024 | Current |
Kapil Kanuri  | Director | 07-Feb-2014 | Current |
| Suryanarayana Simhadri | Director | 27-May-2024 | Current |
| Nalluri Venkat | Director | 04-Apr-2015 | Current |
Financial Performance of Lakshmi Finance And Industrial Corporation.
Lakshmi Finance And Industrial Corporation Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 54.82% decrease. The company also saw a substantial fall in profitability, with a 90.35% decrease in profit. The company's net worth dipped by a decrease of 0.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lakshmi Finance And Industrial Corporation?
In 2023, Lakshmi Finance And Industrial Corporation had a promoter holding of 47.01% and a public holding of 53.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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B.N. Rathi Securities LimitedShanti Bolleni and Harishchandra Kanuri are mutual person
Rain Cements LimitedShanti Bolleni is a mutual person
Rain Industries LimitedShanti Bolleni is a mutual person
Charges (Loans)
Open Charges
₹0.26 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- The Federal Bank Ltd. : 0.26 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Sep 1995 | The Federal Bank Ltd. | ₹2.64 M | Open |
How Many Employees Work at Lakshmi Finance And Industrial Corporation?
Unlock and access historical data on people associated with Lakshmi Finance And Industrial Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lakshmi Finance And Industrial Corporation, 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 Finance And Industrial Corporation'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 Finance And Industrial Corporation
Recent activity within the organization
- Director Appointment
Shanti Sree Bolleni was appointed as a Director was appointed as a Director on 08 Nov 2024 & has been associated with this company since 5 months 6 days .
- Annual General Meeting
Lakshmi Finance And Industrial Corporation Ltd last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.
- Director Appointment
Nageswararao Dukkipati was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 7 months 23 days .
- Director Appointment
Suryanarayana Simhadri was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 10 months 18 days .
- Balance Sheet
Lakshmi Finance And Industrial Corporation Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Director Appointment
Deepa Gusain was appointed as a Company Secretary was appointed as a Company Secretary on 03 Feb 2021 & has been associated with this company since 4 years 2 months .
Frequently asked questions
What is the Incorporation or founding date of Lakshmi Finance And Industrial Corporation Ltd?
Lakshmi Finance And Industrial Corporation Ltd was incorporated on 20 Nov 1923.
What is authorized share capital and paid-up capital of Lakshmi Finance And Industrial Corporation Ltd?
The authorized share capital of Lakshmi Finance And Industrial Corporation Ltd is ₹ 6.00 Cr and paid-up capital is ₹ 3.00 Cr.
Who are the current board members & directors of Lakshmi Finance And Industrial Corporation Ltd?
Currently 8 directors are associated with Lakshmi Finance And Industrial Corporation Ltd.
- Nageswararao Dukkipati
- U Vijaya Kumar
- Shanti Sree Bolleni
- Kapil Prasad Kanuri
- Suryanarayana Simhadri
- Harishchandra Prasad Kanuri
- Deepa Gusain
- Nalluri Madhurika Venkat
What is the registered address of Lakshmi Finance And Industrial Corporation Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Lakshmi Finance And Industrial Corporation Ltd is 1St Floor Suryadaya 1-10-60/3 Begumpet, India, Hyderabad, Telangana, 500016.
What is the corporate identification number (CIN) and company number of Lakshmi Finance And Industrial Corporation Ltd?
The corporate identification number (CIN) of Lakshmi Finance And Industrial Corporation Ltd is L65920TG1923PLC000044 and the company number is 000044 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lakshmi Finance And Industrial Corporation Ltd?
The Official website of Lakshmi Finance And Industrial Corporation Ltd is https://www.lakshmifinance.org.in
What has been the recent revenue trend for Lakshmi Finance And Industrial Corporation Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Lakshmi Finance And Industrial Corporation Ltd has fallen by -54.82%.
What change has been observed in the net worth of Lakshmi Finance And Industrial Corporation Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lakshmi Finance And Industrial Corporation Ltd has experienced an downturn of -0.78%.
What are the total open charges for Lakshmi Finance And Industrial Corporation Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Lakshmi Finance And Industrial Corporation Ltd amount to ₹ 2.64 M.
When was the last Balance Sheet of Lakshmi Finance And Industrial Corporation Ltd filed with the ROC?
The most recent Balance Sheet for Lakshmi Finance And Industrial Corporation Ltd was filed with the ROC on 31 Mar 2024.
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