Laxcon Steels Profile
Key Indicators
- Authorised Capital ₹ 25.25 Cr
as on 21-06-2024
- Paid Up Capital ₹ 14.51 Cr
as on 21-06-2024
- Company Age 25 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 719.71 Cr
as on 21-06-2024
- Satisfied Charges ₹ 164.74 Cr
as on 21-06-2024
- Revenue -2.88%
(FY 2021)
- Profit 59.13%
(FY 2021)
- Ebitda 43.36%
(FY 2021)
- Net Worth 28.18%
(FY 2021)
- Total Assets 13.94%
(FY 2021)
About Laxcon Steels
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 2023. 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 ₹719.71 Cr. The company has closed loans amounting to ₹164.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Laxcon Steels Limited India are Vinay Rajput as COMPANY SECRETARY and Deepak Agarwal as Cfo. Gopal Gupta, Padmanabhan, Seema Garg, and Three other members serve as directors at the Company.
- CIN/LLPIN
U27100GJ1999PLC036413
- Company No.
036413
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Aug 1999
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
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.
Who are the key members and board of directors at Laxcon Steels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gopal Gupta  | Managing Director | 20-Mar-2002 | Current |
| Vinay Rajput | Company Secretary | 08-May-2023 | Current |
| Deepak Agarwal | CFO | 31-Mar-2015 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinod Gupta | Director | 20-Mar-2002 | Current |
| Padmanabhan | Director | 28-Aug-2020 | Current |
| Seema Garg | Director | 04-Jul-2020 | Current |
| Virinder Kumar | Director | 18-Jul-2016 | Current |
| Rajan Garg | Director | 01-Apr-2004 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
35 years 7 months 
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 27 Jan 2023 | ₹0.94 M | Open |
The South Indian Bank Limited Creation Date: 10 Jan 2023 | ₹4.00 Cr | Open |
Hdfc Bank Limited Creation Date: 13 Dec 2022 | ₹40.00 Cr | Open |
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.
Deals i
As of Mar 13, 2015, Laxcon Steels has raised a total of ₹ 14.79 Cr, with the most recent deal valued at ₹ 1.28 M. Access detailed insights into the company’s deals, including security allotments, mergers, acquisitions, and strategic partnerships that have shaped its growth.
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.
