Laxmi Pipes Ltd

Manufacturer of various types of pipes and tubes in Haryana with large production capacity.

1984 | Under Insolvency
Last Updated: January 17, 2025

Laxmi Pipes Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.56 Cr
  • Company Age 40 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.86 Cr
  • Satisfied Charges ₹ 53.70 Cr
  • Revenue Growth -48.57%
  • Profit Growth -241.72%
  • Ebitda -527.52%
  • Net Worth 94.73%
  • Total Assets 17.71%

About Laxmi Pipes

Laxmi Pipes Ltd (LPL) is Under Cirp company established on 25 Sep 1984 with its office registered at and has been running since 40 Year, 4 Months with a paid up capital of 2.56 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location
    Na, Haryana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209HR1984PLC019135

  • Company No.

    019135

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 1984

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Laxmi Pipes Ltd offer?

Laxmi Pipes Ltd offers a wide range of products and services, including Scaffolding Pipes and Fittings, Scaffolding Couplers, Industrial Pipe & Tube Fittings, Industrial Pipe Fitting, Forged Swivel Coupler.

Who are the key members and board of directors at Laxmi Pipes?

Executive Team (1)

Name Designation Appointment Date Status
Pawan Singla Country flag representing In Managing Director 25-Sep-1984 Current

Board Members (2)

Name Designation Appointment Date Status
Sandeep Singla Country flag representing In Director 31-Dec-2014 Current
Kamlesh Singla Country flag representing In Director 26-Dec-2014 Current

Financial Performance of Laxmi Pipes.

Laxmi Pipes Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 48.57% decrease. The company also saw a substantial fall in profitability, with a 241.72% decrease in profit. The company's net worth Soared by an impressive increase of 94.73%.

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
-48.57%
Revenue from Operations
-49.38%
Total Assets
17.71%
Profit or Loss
-241.72%
Net Worth
94.73%
EBITDA
-527.52%

What is the Ownership and Shareholding Structure of Laxmi Pipes?

In 2022, Laxmi Pipes had a promoter holding of 92.90% and a public holding of 7.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.86 Cr

Satisfied Charges

₹53.70 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 38.86 Cr

Latest Charge Details

Date Lender Amount Status
22 Mar 2019 State Bank Of India ₹38.86 Cr Open
01 Jan 2013 Others ₹23.25 Cr Satisfied
23 Dec 2005 Dena Bank ₹1.10 Cr Satisfied
23 Dec 2005 Dena Bank ₹16.90 Cr Satisfied
27 Mar 2002 The Jammu And Kashmir Bank Limited ₹12.45 Cr Satisfied

How Many Employees Work at Laxmi Pipes?

Laxmi Pipes has a workforce of 50 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Laxmi Pipes, 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 Pipes'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 Pipes

Recent activity within the organization

  • Annual General Meeting

    Laxmi Pipes Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Laxmi Pipes Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 38.86 Cr registered on 22 Mar 2019 with Charge ID 100254011 was modified on 18 Aug 2021.

    18 Aug 2021

  • Charges

    A charge registered on 01 Jan 2013 via Charge ID 10397895 with Others was fully satisfied on 29 Mar 2019.

    29 Mar 2019

  • Charges

    A charge with State Bank Of India amounted to Rs. 38.86 Cr with Charge ID 100254011 was registered on 22 Mar 2019.

    22 Mar 2019

  • Charges

    A charge with Others of Rs. 23.25 Cr registered on 01 Jan 2013 with Charge ID 10397895 was modified on 27 Apr 2017.

    27 Apr 2017

Frequently asked questions

  • Laxmi Pipes Ltd was incorporated on 25 Sep 1984.

  • The authorized share capital of Laxmi Pipes Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 2.56 Cr.

  • Currently 3 directors are associated with Laxmi Pipes Ltd.

    • Pawan Kumar Singla
    • Sandeep Singla
    • Kamlesh Rani Singla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laxmi Pipes Ltd is Bhiwani Road, Hansi Distt. Hisar Harya India, Na, Haryana.

  • The corporate identification number (CIN) of Laxmi Pipes Ltd is U25209HR1984PLC019135 and the company number is 019135 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Laxmi Pipes Ltd is https://www.laxmipipes.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Laxmi Pipes Ltd has fallen by -48.57%.

  • As Per 2022 financial reports, 50 employees are currently employed by Laxmi Pipes Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Laxmi Pipes Ltd has experienced an upsurge of 94.73%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Laxmi Pipes Ltd amount to ₹ 38.86 Cr.

  • The most recent Balance Sheet for Laxmi Pipes Ltd was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Pipe & Tubes