Laxmi Fastners Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.95 Cr
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 3.27 Cr
- Revenue Growth -27.78%
- Profit Growth -183.21%
- Ebitda 6.78%
- Net Worth -28.56%
- Total Assets -9.87%
About Laxmi Fastners
Laxmi Fastners Limited (LFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 May 1995 and has a history of 29 years and nine months. Its registered office is in Chandigarh, India.
The Company is engaged in the Machinery And Equipment 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 4.00 Cr and a paid-up capital of Rs 2.95 Cr.
The company has closed loans amounting to ₹3.27 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Anil Kumar, Ram Sengar, and Sunil Lathar serve as directors at the Company.
Company Details
- Location
Chandigarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U28991CH1995PLC016381
- Company No.
016381
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 May 1995
- Date of AGM
30 Nov 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Laxmi Fastners?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Lathar  | Director | 03-May-2018 | Current |
| Ram Sengar | Director | 14-Nov-2018 | Current |
| Anil Kumar | Director | 03-May-2018 | Current |
Financial Performance of Laxmi Fastners.
Laxmi Fastners Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 27.78% decrease. The company also saw a substantial fall in profitability, with a 183.21% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Laxmi Fastners?
In 2022, Laxmi Fastners had a promoter holding of 70.00% and a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nvish Solutions Private LimitedSunil Lathar is a mutual person
Shared Labs India Private LimitedRam Sengar is a mutual person
- Lincfast Solutions Private Limited
Ram Sengar and Sunil Lathar are mutual person
- Wahhao Marketplace Private Limited
Ram Sengar and Sunil Lathar are mutual person
- Accunext Engineering Private Limited
Ram Sengar and Sunil Lathar are mutual person
Charges (Loans)
₹0
₹3.27 Cr
Charges Breakdown by Lending Institutions
- Others : 3.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2005 | Others | ₹3.27 Cr | Satisfied |
How Many Employees Work at Laxmi Fastners?
Laxmi Fastners has a workforce of 10 employees as of Mar 23, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Laxmi Fastners, 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 Fastners's trajectory.
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.
