Lakshmi Saraswathi Cotton Mills Private Limited

Textile company specializing in processing and spinning of cotton and polyester yarn for various uses.

1981 | Tiruchengode, Tamil Nadu (India) | Active
Last Updated: December 25, 2024

Lakshmi Saraswathi Cotton Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 2.25 Cr
  • Company Age 43 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.53 Cr
  • Satisfied Charges ₹ 1.06 M
  • Revenue Growth 65.85%
  • Profit Growth 557.79%
  • Ebitda 86.79%
  • Net Worth 88.30%
  • Total Assets 2.69%

About Lakshmi Saraswathi Cotton Mills

Lakshmi Saraswathi Cotton Mills Private Limited (LSCMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 June 1981 and has a history of 43 years and seven months. Its registered office is in Tiruchengode, Tamil Nadu.

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 2.25 Cr and a paid-up capital of Rs 2.25 Cr.

The company currently has active open charges totaling ₹4.53 Cr. The company has closed loans amounting to ₹1.06 M, as per Ministry of Corporate Affairs (MCA) records.

Thiruchengodu Murugesan, Murugesan Sundar, Shanmugasundaram Poongothai, and Six other members serve as directors at the Company.

Company Details

  • Location
    Tiruchengode, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17115TZ1981PTC001073

  • Company No.

    001073

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jun 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Lakshmi Saraswathi Cotton Mills?

Executive Team (1)

Name Designation Appointment Date Status
Thiruchengodu Murugesan Country flag representing In Managing Director 31-Oct-1994 Current

Board Members (8)

Name Designation Appointment Date Status
Murugesan Sundar Country flag representing In Director 29-Sep-2009 Current
Shanmugasundaram Poongothai Country flag representing In Director 29-Sep-2009 Current
Singaravelu Vijayan Country flag representing In Director 29-Sep-2009 Current
Kumaresapuram Ravichandran Country flag representing In Director 31-Oct-1994 Current
Shanmughasundaram Rameshkumar Country flag representing In Director 31-Oct-1994 Current
Murugesan Elangovan Country flag representing In Director 29-Sep-2009 Current

Financial Performance of Lakshmi Saraswathi Cotton Mills.

Lakshmi Saraswathi Cotton Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 65.85% increase. The company also saw a substantial improvement in profitability, with a 557.79% increase in profit. The company's net worth Soared by an impressive increase of 88.3%.

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
65.85%
Revenue from Operations
67.30%
Total Assets
2.69%
Profit or Loss
557.79%
Net Worth
88.30%
EBITDA
86.79%

What is the Ownership and Shareholding Structure of Lakshmi Saraswathi Cotton Mills?

In 2021, Lakshmi Saraswathi Cotton Mills had a promoter holding of 90.56% and a public holding of 9.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.53 Cr

Satisfied Charges

₹0.11 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 4.53 Cr

Latest Charge Details

Date Lender Amount Status
06 Jan 2006 Indian Overseas Bank ₹4.53 Cr Open
19 Oct 2012 Kotak Mahindra Bank Limited ₹1.06 M Satisfied
28 Mar 2002 Tamilnad Mercantile Bank Ltd. ₹0.00 Satisfied
18 Aug 1995 Tamilnad Mercantile Bank Ltd. ₹0.00 Satisfied
06 Mar 1987 Tamilnad Mercantile Bank Ltd. ₹0.00 Satisfied

How Many Employees Work at Lakshmi Saraswathi Cotton Mills?

Lakshmi Saraswathi Cotton Mills has a workforce of 140 employees as of Apr 10, 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 Saraswathi Cotton Mills, 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 Saraswathi Cotton Mills'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 Saraswathi Cotton Mills

Recent activity within the organization

  • Annual General Meeting

    Lakshmi Saraswathi Cotton Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Lakshmi Saraswathi Cotton Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Indian Overseas Bank of Rs. 4.53 Cr registered on 06 Jan 2006 with Charge ID 80000387 was modified on 23 Dec 2021.

    23 Dec 2021

  • Charges

    A charge registered on 19 Oct 2012 via Charge ID 10382962 with Kotak Mahindra Bank Limited was fully satisfied on 19 Mar 2015.

    19 Mar 2015

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 0.11 Cr with Charge ID 10382962 was registered on 19 Oct 2012.

    19 Oct 2012

  • Director Appointment

    Murugesan Sundar was appointed as a Director was appointed as a Director on 29 Sep 2009 & has been associated with this company since 15 years 4 months .

    29 Sep 2009

Frequently asked questions

  • Lakshmi Saraswathi Cotton Mills Private Limited was incorporated on 24 Jun 1981.

  • The authorized share capital of Lakshmi Saraswathi Cotton Mills Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 2.25 Cr.

  • Currently 9 directors are associated with Lakshmi Saraswathi Cotton Mills Private Limited.

    • Thiruchengodu Natesa Mudaliar Murugesan
    • Murugesan Sundar
    • Shanmugasundaram Poongothai
    • Singaravelu Vijayan
    • Kumaresapuram Singaravelu Ravichandran
    • Shanmughasundaram Rameshkumar
    • Murugesan Elangovan
    • Tiruchengode Natesa Mudhaliar Shanmuga Sundaram
    • Murugesan Udhayakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lakshmi Saraswathi Cotton Mills Private Limited is Mill Premiseskutchipalayam Thokkavadi India, Tiruchengode, Tamil Nadu, 637216.

  • The corporate identification number (CIN) of Lakshmi Saraswathi Cotton Mills Private Limited is U17115TZ1981PTC001073 and the company number is 001073 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Lakshmi Saraswathi Cotton Mills Private Limited has risen by 65.85%.

  • As Per 2022 financial reports, 140 employees are currently employed by Lakshmi Saraswathi Cotton Mills Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Lakshmi Saraswathi Cotton Mills Private Limited has experienced an upsurge of 88.30%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Lakshmi Saraswathi Cotton Mills Private Limited amount to ₹ 4.53 Cr.

  • The most recent Balance Sheet for Lakshmi Saraswathi Cotton Mills Private Limited was filed with the ROC on 31 Mar 2024.

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