Lakshmi Vacuum Technologies Private Limited

Manufactures vertical vacuum furnaces for various industries including automotive, aerospace, and defense.

2014 | Bangalore, Karnataka (India) | Active
Last Updated: July 04, 2024

Lakshmi Vacuum Technologies Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 10 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 36.49 Cr
  • Revenue Growth 41.51%
  • Profit Growth 13.97%
  • Ebitda 35.15%
  • Net Worth 24.76%
  • Total Assets 39.96%

About Lakshmi Vacuum Technologies

Lakshmi Vacuum Technologies Private Limited (LVTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 August 2014 and has a history of Ten years and six months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹36.49 Cr.

Varalakshmi Subbarao and Laxminarasimha Prasad serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29248KA2014PTC075933

  • Company No.

    075933

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Lakshmi Vacuum Technologies Private Limited offer?

Lakshmi Vacuum Technologies Private Limited offers a wide range of products and services, including Industrial Furnaces & Ovens, Vacuum Furnaces, Heating Furnace, Industrial Furnaces, High Vacuum Furnaces, Manufacturing & Assembling Services, Heat Treating Services.

Who are the key members and board of directors at Lakshmi Vacuum Technologies?

Board Members (2)

NameDesignationAppointment DateStatus
Varalakshmi Subbarao Country flag representing In Director 21-Aug-2014Current
Laxminarasimha Prasad Country flag representing In Director 21-Aug-2014Current

Financial Performance of Lakshmi Vacuum Technologies.

Lakshmi Vacuum Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.51% increase. The company also saw a substantial improvement in profitability, with a 13.97% increase in profit. The company's net worth Soared by an impressive increase of 24.76%.

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
41.51%
Revenue from Operations
41.76%
Total Assets
39.96%
Profit or Loss
13.97%
Net Worth
24.76%
EBITDA
35.15%

What is the Ownership and Shareholding Structure of Lakshmi Vacuum Technologies?

In 2021, Lakshmi Vacuum Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.49 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 32.04 Cr
  • Karnataka State Financial Corporation : 3.45 Cr
  • Sidbi : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2024Sidbi₹1.00 CrOpen
06 Jun 2019Karnataka State Financial Corporation₹3.45 CrOpen
06 Feb 2015State Bank Of India₹32.04 CrOpen

How Many Employees Work at Lakshmi Vacuum Technologies?

Lakshmi Vacuum Technologies has a workforce of 76 employees as of Mar 28, 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 Vacuum Technologies, 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 Vacuum Technologies'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 Vacuum Technologies

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 100892923 was registered on 30 Mar 2024.

    30 Mar 2024

  • Annual General Meeting

    Lakshmi Vacuum Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Lakshmi Vacuum Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 32.04 Cr registered on 06 Feb 2015 with Charge ID 10553751 was modified on 12 Dec 2022.

    12 Dec 2022

  • Charges

    A charge with Karnataka State Financial Corporation amounted to Rs. 3.45 Cr with Charge ID 100271319 was registered on 06 Jun 2019.

    06 Jun 2019

  • Charges

    A charge with State Bank Of India amounted to Rs. 32.04 Cr with Charge ID 10553751 was registered on 06 Feb 2015.

    06 Feb 2015

Frequently asked questions

  • Lakshmi Vacuum Technologies Private Limited was incorporated on 21 Aug 2014.

  • The authorized share capital of Lakshmi Vacuum Technologies Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Lakshmi Vacuum Technologies Private Limited.

    • Varalakshmi Kalasapura Subbarao
    • Laxminarasimha Prasad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lakshmi Vacuum Technologies Private Limited is No.3 B-05 Block-3 M S Industrial Complex Peenya Industrial Area, Bangalore, Karnataka, India, 560058.

  • The corporate identification number (CIN) of Lakshmi Vacuum Technologies Private Limited is U29248KA2014PTC075933 and the company number is 075933 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lakshmi Vacuum Technologies Private Limited is https://www.lakshmi-vacuum-technologies-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lakshmi Vacuum Technologies Private Limited has risen by 41.51%.

  • As Per 2023 financial reports, 76 employees are currently employed by Lakshmi Vacuum Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lakshmi Vacuum Technologies Private Limited has experienced an upsurge of 24.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lakshmi Vacuum Technologies Private Limited amount to ₹ 36.49 Cr.

  • The most recent Balance Sheet for Lakshmi Vacuum Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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