Laxme Saai Steel Private Limited

Manufactures ferroalloys at a facility in Visakhapatnam, incorporated in 2009.

2009 | Vizianagaram, Andhra Pradesh (India) | Active
Last Updated: November 16, 2024

Laxme Saai Steel Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.27 Cr
  • Satisfied Charges ₹ 31.05 Cr
  • Revenue Growth %
  • Profit Growth 815.38%
  • Ebitda -523.37%
  • Net Worth 229.35%
  • Total Assets 110.83%

About Laxme Saai Steel

Laxme Saai Steel Private Limited (LSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 August 2009 and has a history of 15 years and six months. Its registered office is in Vizianagaram, Andhra Pradesh, India.

The Corporate was formerly known as Asv Ferro Alloys 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 6.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹22.27 Cr. The company has closed loans amounting to ₹31.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naval Khaitan and Sushil Khaitan serve as directors at the Company.

Company Details

  • Location

    Vizianagaram, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    srggroup.info

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310AP2009PTC064801

  • Company No.

    064801

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Metals and Minerals

Who are the key members and board of directors at Laxme Saai Steel?

Board Members (2)

NameDesignationAppointment DateStatus
Naval Khaitan Country flag representing In Director 23-Aug-2022Current
Sushil Khaitan Country flag representing In Director 23-Aug-2022Current

Financial Performance of Laxme Saai Steel.

Laxme Saai Steel Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 815.38% increase in profit. The company's net worth Soared by an impressive increase of 229.35%.

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
Revenue from Operations
Total Assets
110.83%
Profit or Loss
815.38%
Net Worth
229.35%
EBITDA
-523.37%

What is the Ownership and Shareholding Structure of Laxme Saai Steel?

In 2023, Laxme Saai Steel 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

₹22.27 Cr

Satisfied Charges

₹31.05 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 22.27 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2024Axis Bank Limited₹22.27 CrOpen
16 Dec 2022Hdfc Bank Limited₹15.00 CrSatisfied
18 Apr 2011Indian Overseas Bank₹16.05 CrSatisfied

How Many Employees Work at Laxme Saai Steel?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Laxme Saai Steel, 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 Laxme Saai Steel'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 Laxme Saai Steel

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 22.27 Cr registered on 27 Aug 2024 with Charge ID 100976402 was modified on 04 Oct 2024.

    04 Oct 2024

  • Annual General Meeting

    Laxme Saai Steel Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 16 Dec 2022 via Charge ID 100657853 with Hdfc Bank Limited was fully satisfied on 13 Sep 2024.

    13 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 22.27 Cr with Charge ID 100976402 was registered on 27 Aug 2024.

    27 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 16 Dec 2022 with Charge ID 100657853 was modified on 08 Apr 2024.

    08 Apr 2024

  • Balance Sheet

    Laxme Saai Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

Frequently asked questions

  • Laxme Saai Steel Private Limited was incorporated on 20 Aug 2009.

  • The authorized share capital of Laxme Saai Steel Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 2 directors are associated with Laxme Saai Steel Private Limited.

    • Naval Kishore Khaitan
    • Sushil Kumar Khaitan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laxme Saai Steel Private Limited is Tatavari Kittali Road Penubarthi Village, India, Gurla, Andhra Pradesh, 535101.

  • The corporate identification number (CIN) of Laxme Saai Steel Private Limited is U27310AP2009PTC064801 and the company number is 064801 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Laxme Saai Steel Private Limited is https://www.srggroup.info

  • The financial reports for the fiscal year 2023 indicates that The net worth of Laxme Saai Steel Private Limited has experienced an upsurge of 229.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Laxme Saai Steel Private Limited amount to ₹ 22.27 Cr.

  • The most recent Balance Sheet for Laxme Saai Steel Private Limited was filed with the ROC on 31 Mar 2024.

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