Lax Blue Metals Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.81 Cr
- Company Age 20 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.54 Cr
- Satisfied Charges ₹ 3.58 Cr
- Revenue Growth 57.73%
- Profit Growth -62.43%
- Ebitda 171.86%
- Net Worth 2.11%
- Total Assets 19.03%
About Lax Blue Metals
Lax Blue Metals Private Limited (LBMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 August 2004 and has a history of 20 years and six months. Its registered office is in Kanyakumari, Tamil Nadu, India.
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 3.00 Cr and a paid-up capital of Rs 2.81 Cr.
The company currently has active open charges totaling ₹8.54 Cr. The company has closed loans amounting to ₹3.58 Cr, as per Ministry of Corporate Affairs (MCA) records.
Savarimuthu Balan, Balan Antro, and Savari Sahayaregi serve as directors at the Company.
Company Details
- Location
Kanyakumari, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U14106TN2004PTC054030
- Company No.
054030
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Aug 2004
- Date of AGM
18 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Lax Blue Metals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Savarimuthu Balan  | Managing Director | 20-Aug-2004 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balan Antro | Director | 23-Jun-2021 | Current |
| Savari Sahayaregi | Director | 15-Mar-2021 | Current |
Financial Performance of Lax Blue Metals.
Lax Blue Metals Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.73% increase. The company also saw a substantial fall in profitability, with a 62.43% decrease in profit. The company's net worth moved up by a moderate rise of 2.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lax Blue Metals?
In 2021, Lax Blue Metals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹8.54 Cr
₹3.58 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 5.93 Cr
- Indian Overseas Bank : 2.61 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2024 | Hdfc Bank Limited | ₹1.98 Cr | Open |
| 28 Mar 2024 | Hdfc Bank Limited | ₹3.00 M | Open |
| 30 Oct 2023 | Hdfc Bank Limited | ₹6.91 M | Open |
| 18 Aug 2023 | Hdfc Bank Limited | ₹8.00 M | Open |
| 20 Apr 2023 | Indian Overseas Bank | ₹2.10 M | Open |
How Many Employees Work at Lax Blue Metals?
Lax Blue Metals has a workforce of 24 employees as of Apr 01, 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 Lax Blue Metals, 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 Lax Blue Metals'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.
