Laxmi Board And Paper Mills Private Limited

Produces high-quality Kraft paper for packaging and printing purposes.

1969 | Thane, Maharashtra (India) | Active
Last Updated:

Laxmi Board And Paper Mills Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 7.20 Cr
  • Company Age 55 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 68.14 Cr
  • Satisfied Charges ₹ 78.95 Cr
  • Revenue Growth -10.82%
  • Profit Growth -167.04%
  • Ebitda -124.88%
  • Net Worth -11.44%
  • Total Assets -8.07%

About Laxmi Board And Paper Mills

Laxmi Board And Paper Mills Private Limited (LBAPMPL) was founded in India on 25 September 1969 and has a glorious history of 55 years and six months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Laxmi Board And Paper Mills Limited. The Company is engaged in the Packaging 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 7.50 Cr and a paid-up capital of Rs 7.20 Cr.

The company currently has active open charges totaling ₹68.14 Cr. The company has closed loans amounting to ₹78.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manish Patel, Dineshchandra Patel, Rajesh Modi, and Five other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1969PTC014398

  • Company No.

    014398

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 1969

  • Date of AGM

    14 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

What products or services does Laxmi Board And Paper Mills Private Limited offer?

Laxmi Board And Paper Mills Private Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Special Coating, Paper & Paper Made Products, Kraft Paper, White Top Kraft Liner.

Who are the key members and board of directors at Laxmi Board And Paper Mills?

Executive Team (2)

NameDesignationAppointment DateStatus
Ajay Patel Country flag representing In Managing Director01-Jul-2009Current
Rachit Modi Country flag representing In Managing Director26-Mar-2010Current

Board Members (6)

NameDesignationAppointment DateStatus
Manish Patel Country flag representing In Director 26-Mar-1990Current
Kirit Modi Country flag representing In Director 27-May-2003Current
Dineshchandra Patel Country flag representing In Whole-Time Director 12-Feb-1973Current
Rajesh Modi Country flag representing In Director 24-Aug-2000Current
Harshad Modi Country flag representing In Whole-Time Director 01-Jun-2003Current
Jitendra Patel Country flag representing In Director 25-Jun-2004Current

Financial Performance of Laxmi Board And Paper Mills.

Laxmi Board And Paper Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.82% decrease. The company also saw a substantial fall in profitability, with a 167.04% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.44%.

Laxmi Board And Paper Mills revenue growth over time
Laxmi Board And Paper Mills 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
-10.82%
Revenue from Operations
-10.85%
Total Assets
-8.07%
Profit or Loss
-167.04%
Net Worth
-11.44%
EBITDA
-124.88%

What is the Ownership and Shareholding Structure of Laxmi Board And Paper Mills?

In 2023, Laxmi Board And Paper Mills 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

₹68.14 Cr

Satisfied Charges

₹78.95 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 45.14 Cr
  • Hdfc Bank Limited : 23.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 2014Hdfc Bank Limited₹23.00 CrOpen
01 Feb 2001Canara Bank₹45.14 CrOpen
13 Jul 2022Canara Bank₹7.40 CrSatisfied
14 Mar 2011Canara Bank₹0.82 MSatisfied
14 Mar 2011Canara Bank₹1.17 MSatisfied

How Many Employees Work at Laxmi Board And Paper Mills?

Laxmi Board And Paper Mills has a workforce of 194 employees as of Apr 03, 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.

Employee growth trends for Laxmi Board And Paper Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Laxmi Board And Paper Mills, 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 Laxmi Board And Paper Mills'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 Laxmi Board And Paper Mills

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 23.00 Cr registered on 01 Mar 2014 with Charge ID 10480947 was modified on 15 Feb 2024.

  • Annual General Meeting

    Laxmi Board And Paper Mills Private Limited last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Laxmi Board And Paper Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 07 Apr 2007 via Charge ID 10047112 with Canara Bank was fully satisfied on 04 Mar 2023.

  • Charges

    A charge with Canara Bank of Rs. 45.14 Cr registered on 01 Feb 2001 with Charge ID 90143248 was modified on 17 Feb 2023.

  • Charges

    A charge registered on 13 Jul 2022 via Charge ID 100595729 with Canara Bank was fully satisfied on 25 Nov 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Laxmi Board And Paper Mills Private Limited?

    Laxmi Board And Paper Mills Private Limited was incorporated on 25 Sep 1969.

  • What is authorized share capital and paid-up capital of Laxmi Board And Paper Mills Private Limited?

    The authorized share capital of Laxmi Board And Paper Mills Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.20 Cr.

  • Who are the current board members & directors of Laxmi Board And Paper Mills Private Limited?

    Currently 8 directors are associated with Laxmi Board And Paper Mills Private Limited.

    • Manish Mahendra Patel
    • Dineshchandra Chandulal Patel
    • Rajesh Modi
    • Kirit Modi
    • Harshad Natvarlal Modi
    • Jitendra Ambalal Patel
    • Ajay Dineshchandra Patel
    • Rachit Rajesh Modi

  • What is the registered address of Laxmi Board And Paper Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Laxmi Board And Paper Mills Private Limited is Plot No 2 M I D C Areakalyan Bhiwandi Road Saravli Kalyan India, Thane, Maharashtra, 421311.

  • What is the corporate identification number (CIN) and company number of Laxmi Board And Paper Mills Private Limited?

    The corporate identification number (CIN) of Laxmi Board And Paper Mills Private Limited is U99999MH1969PTC014398 and the company number is 014398 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Laxmi Board And Paper Mills Private Limited?

    The Official website of Laxmi Board And Paper Mills Private Limited is https://www.laxmipaper.com

  • What has been the recent revenue trend for Laxmi Board And Paper Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Laxmi Board And Paper Mills Private Limited has fallen by -10.82%.

  • How many employees does Laxmi Board And Paper Mills Private Limited currently have?

    As Per 2023 financial reports, 194 employees are currently employed by Laxmi Board And Paper Mills Private Limited.

  • What change has been observed in the net worth of Laxmi Board And Paper Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Laxmi Board And Paper Mills Private Limited has experienced an downturn of -11.44%.

  • What are the total open charges for Laxmi Board And Paper Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Laxmi Board And Paper Mills Private Limited amount to ₹ 68.14 Cr.

  • When was the last Balance Sheet of Laxmi Board And Paper Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Laxmi Board And Paper Mills Private Limited was filed with the ROC on 31 Mar 2023.

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