Laxcon Steels Limited

Manufacturer of stainless steel and alloy steel products with ISO 9001:2015 certification.

1999 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Laxcon Steels Profile

Key Indicators

  • Authorised Capital ₹ 25.25 Cr
  • Paid Up Capital ₹ 14.51 Cr
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 921.06 Cr
  • Satisfied Charges ₹ 269.39 Cr
  • Revenue Growth -2.88%
  • Profit Growth 59.13%
  • Ebitda 43.36%
  • Net Worth 28.18%
  • Total Assets 13.94%

About Laxcon Steels

Laxcon Steels Limited (LSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 August 1999 and has a history of 25 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Laxcon Steels Private Limited. The Company is engaged in the Metals And Minerals 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 25.25 Cr and a paid-up capital of Rs 14.51 Cr.

The company currently has active open charges totaling ₹921.06 Cr. The company has closed loans amounting to ₹269.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Laxcon Steels Limited India are Deepak Agarwal as CFO and Eti Mehta as Company Secretary. Gopal Gupta, Vinod Gupta, Rajan Garg, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100GJ1999PLC036413

  • Company No.

    036413

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Laxcon Steels Limited offer?

Laxcon Steels Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Industrial Steel, Steel Bars, Rods, Plates & Sheets, Stainless Steel Bars, Steel Bars, Gearbox, Axle, Sprocket & Gear Parts, Industrial Shafts, Metal & Metal Made Products, Metal Ingots, Stainless Steel Bright Bar.

Company report

Laxcon Steels Limited

Explore comprehensive data for Laxcon Steels Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Laxcon Steels?

Executive Team (3)

NameDesignationAppointment DateStatus
Gopal Gupta Country flag representing In Managing Director20-Mar-2002Current
Deepak Agarwal Country flag representing In CFO31-Mar-2015Current
Eti Mehta Company Secretary13-Dec-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Vinod Gupta Country flag representing In Director 20-Mar-2002Current
Rajan Garg Country flag representing In Director 01-Apr-2004Current
Virinder Kumar Country flag representing In Director 18-Jul-2016Current
Padmanabhan Country flag representing In Director 28-Aug-2020Current
Seema Garg Country flag representing In Director 04-Jul-2020Current

Financial Performance of Laxcon Steels.

Laxcon Steels Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 2.88% decrease. The company also saw a substantial improvement in profitability, with a 59.13% increase in profit. The company's net worth Soared by an impressive increase of 28.18%.

Laxcon Steels revenue growth over time
Laxcon Steels 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
-2.88%
Revenue from Operations
-2.94%
Total Assets
13.94%
Profit or Loss
59.13%
Net Worth
28.18%
EBITDA
43.36%

What is the Ownership and Shareholding Structure of Laxcon Steels?

In 2021, Laxcon Steels had a promoter holding of 42.37% and a public holding of 57.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹921.06 Cr

Satisfied Charges

₹269.39 Cr

Charges Breakdown by Lending Institutions

  • Others : 918.80 Cr
  • Yes Bank Limited : 1.55 Cr
  • Axis Bank Limited : 0.34 Cr
  • Bank Of Baroda : 0.28 Cr
  • Hdfc Bank Limited : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2025Others₹92.00 CrOpen
27 Jan 2023Hdfc Bank Limited₹0.94 MOpen
31 Aug 2022Yes Bank Limited₹1.55 CrOpen
22 Jun 2020Axis Bank Limited₹3.40 MOpen
21 Nov 2002Others₹413.40 CrOpen

How Many Employees Work at Laxcon Steels?

Unlock and access historical data on people associated with Laxcon Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Laxcon Steels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Laxcon Steels, 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 Laxcon Steels'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 Laxcon Steels

Recent activity within the organization

  • Charges

    A charge registered on 13 Dec 2022 via Charge ID 100662034 with Hdfc Bank Limited was fully satisfied on 10 Mar 2025.

  • Charges

    A charge registered on 15 Dec 2021 via Charge ID 100518855 with Hdfc Bank Limited was fully satisfied on 10 Mar 2025.

  • Charges

    A charge registered on 30 Apr 2018 via Charge ID 100180916 with Yes Bank Limited was fully satisfied on 06 Mar 2025.

  • Charges

    A charge with Others amounted to Rs. 92.00 Cr with Charge ID 101055343 was registered on 28 Feb 2025.

  • Charges

    A charge registered on 30 Mar 2021 via Charge ID 100451265 with Axis Bank Limited was fully satisfied on 14 Feb 2025.

  • Charges

    A charge registered on 13 Apr 2021 via Charge ID 100451298 with Axis Bank Limited was fully satisfied on 10 Feb 2025.

Frequently asked questions

  • What is the Incorporation or founding date of Laxcon Steels Limited?

    Laxcon Steels Limited was incorporated on 12 Aug 1999.

  • What is authorized share capital and paid-up capital of Laxcon Steels Limited?

    The authorized share capital of Laxcon Steels Limited is ₹ 25.25 Cr and paid-up capital is ₹ 14.51 Cr.

  • Who are the current board members & directors of Laxcon Steels Limited?

    Currently 8 directors are associated with Laxcon Steels Limited.

    • Gopal Swarup Gupta
    • Vinod Gupta
    • Rajan Garg
    • Virinder Kumar
    • Padmanabhan
    • Seema Garg
    • Deepak Omprakash Agarwal
    • Eti Sumit Mehta

  • What is the registered address of Laxcon Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Laxcon Steels Limited is Plot No 235 Sarkhej Bavlanh 8A Village Sari Ta Sanand Dist India, Ahmedabad, Gujarat, 382220.

  • What is the corporate identification number (CIN) and company number of Laxcon Steels Limited?

    The corporate identification number (CIN) of Laxcon Steels Limited is U27100GJ1999PLC036413 and the company number is 036413 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Laxcon Steels Limited?

    The Official website of Laxcon Steels Limited is https://www.gopalgroup.com

  • What has been the recent revenue trend for Laxcon Steels Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Laxcon Steels Limited has fallen by -2.88%.

  • What change has been observed in the net worth of Laxcon Steels Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Laxcon Steels Limited has experienced an upsurge of 28.18%.

  • What are the total open charges for Laxcon Steels Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Laxcon Steels Limited amount to ₹ 921.06 Cr.

  • When was the last Balance Sheet of Laxcon Steels Limited filed with the ROC?

    The most recent Balance Sheet for Laxcon Steels Limited was filed with the ROC on 31 Mar 2024.

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