Lakshmi Finance Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
as on 11-07-2024
- Paid Up Capital ₹ 40.00 Cr
as on 11-07-2024
- Company Age 7 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 200.00 Cr
as on 11-07-2024
- Revenue -79.19%
(FY 2022)
- Profit -62.10%
(FY 2022)
- Ebitda -75.06%
(FY 2022)
- Net Worth 11.69%
(FY 2022)
- Total Assets -38.09%
(FY 2022)
About Lakshmi Finance
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 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 40.00 Cr.
The company has closed loans amounting to ₹200.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lakshmi Finance Private Limited India is Ashima Chhatwal as COMPANY SECRETARY. Srinivas Cherukuri, Sudhakar Desai, Prabhu Vallurupalli, and One other member serve as directors at the Company.
- CIN/LLPIN
U74999AP2016PTC104726
- Company No.
104726
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Dec 2016
- Date of AGM
31 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Lakshmi Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashima Chhatwal | Company Secretary | Current | |
Varun Vallurupalli  | Managing Director | 27-Dec-2016 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srinivas Cherukuri | Additional Director | 14-Oct-2023 | Current |
| Sudhakar Desai | Additional Director | 04-Aug-2023 | Current |
| Prabhu Vallurupalli | Director | 27-Dec-2016 | Current |
Financial Performance and Corporate Structure Insights of Lakshmi Finance.
Lakshmi Finance Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 79.19% decrease. The company also saw a substantial fall in profitability, with a 62.1% decrease in profit. The company's net worth Soared by an impressive increase of 11.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lakshmi Finance?
In 2022, Lakshmi Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Padmaja Motors Private LimitedActive 5 years 4 monthsPrabhu Vallurupalli and Varun Vallurupalli are mutual person
Varun International Convention Center Private LimitedActive 5 years 8 monthsVarun Vallurupalli is a mutual person
Varun Hospitality Private LimitedActive 41 years 5 monthsPrabhu Vallurupalli and Varun Vallurupalli are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 22 May 2018 | ₹200.00 Cr | Satisfied |
How Many Employees Work at Lakshmi Finance?
Lakshmi Finance has a workforce of 597 employees as of Apr 08, 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 Finance, 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'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.
