About
Basic Data Updated:
5 hours agoLaxmi Cotspin Limited has been involved in the cotton ginning and spinning industry. Cotton yarns and bales are offered by the company. According to a credit rating report, an installed capacity of 48 automatic double roll gin machines, 16,800 spindles, and 1,200 rotors is possessed by the company. In counts of 30s-40s, 100% combed cotton wrap and hosiery yarns are manufactured by the company. LCL's infrastructure is spread over an area of 48 acres. The company exports BCI (Better Cotton Initiative) cotton yarn to well-known MNC brands such as Adidas, H&M, Levis, and M & S. The Government of India has certified LCL as a 'One Star Export House'. In 2005, the company was incorporated and its registered office is located in Jalna, Maharashtra.
Industry
Company Details
- Location
Jalna, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | L17120MH2005PLC156866 |
| Company No. | 156866 |
| Stock Symbol | NSE : LAXMICOT |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 19 Oct 2005 |
| Date of AGM | 30 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Mumbai |
Products or Services related to Laxmi Cotspin Limited
Combed Ring Spun Yarn
Yarn
Cotton
Cotton Bale
Financials of Laxmi Cotspin Limited
Laxmi Cotspin Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.4% decrease. The company also saw a substantial fall in profitability, with a 207.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.86%.
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Corporate Structure
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People in Laxmi Cotspin Limited
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Executive Team (3)
Sanjay Kachrulal
Managing DirectorAppointment Date: 19-Oct-2005
Status: Current
AG
Anupkumar Gindodiya CFOAppointment Date: 22-Jul-2016
Status: Current
SK
Soni Karwa Company SecretaryAppointment Date: 01-Apr-2023
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 11 May 2022 | ₹18.28 Cr | Open |
Hdfc Bank Limited Creation Date: 05 May 2022 | ₹10.00 Cr | Open |
Others Creation Date: 23 Jul 2018 | ₹2.00 M | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
The Cotton Textiles Export Promotion Council
Active
69 years 6 months Sanjay Kachrulal is a mutual person
Laxmi Surgical Healthcare Private Limited
Active 2 years 9 months Ramesh Mundada and Sanjay Kachrulal are mutual person
Recent activity within the organization
Annual General Meeting
Laxmi Cotspin Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Balance Sheet
Laxmi Cotspin Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Charges
A charge with Axis Bank Limited of Rs. 18.28 cr registered on 11 May 2022 with Charge ID 100589427 was modified on 25 Mar 2023.
25 Mar 2023Director Appointment
Vijay Jainarayan Jhawar was appointed as a Director was appointed as a Director on 08 Aug 2022 & has been associated with this company since 1 year 8 months .
08 Aug 2022Director Appointment
Ramesh Gopikishan Mundada was appointed as a Director was appointed as a Director on 01 Jul 2022 & has been associated with this company since 1 year 10 months .
01 Jul 2022
Frequently asked questions
What is the Incorporation or founding date of Laxmi Cotspin Limited?
