Laxmi Polychem India Limited

Manufactures PVC pipes and fittings, including solvent fit, selfit, and plumbing pipes.

1999 | Gadag, Karnataka (India) | Active
Last Updated: January 08, 2025

Laxmi Polychem India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.98 M
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.83 Cr
  • Revenue Growth -31.91%
  • Profit Growth -24.70%
  • Ebitda -3.56%
  • Net Worth 13.80%
  • Total Assets 4.42%

About Laxmi Polychem India

Laxmi Polychem India Limited (LPIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 March 1999 and has a history of 25 years and 11 months. Its registered office is in Gadag, Karnataka, India.

The Company is engaged in the Chemicals And Materials 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 5.00 M and a paid-up capital of Rs 4.98 M.

The company currently has active open charges totaling ₹24.83 Cr.

Sunita Agarwal, Sapna Agarwal, Sunilkumar Agarwal, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1999PLC024878

  • Company No.

    024878

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Chemicals and Materials
Manufacturing

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

Board Members (7)

Name Designation Appointment Date Status
Sunita Agarwal Country flag representing In Director 13-Sep-1999 Current
Sapna Agarwal Country flag representing In Additional Director 21-Nov-2009 Current
Sunilkumar Agarwal Country flag representing In Director 09-Mar-1999 Current
Gopal Agarwal Country flag representing In Director 01-Jan-2019 Current
Manoj Bafna Country flag representing In Director 01-Feb-2021 Current
Savita Agarwal Country flag representing In Director 30-Mar-2021 Current

Financial Performance of Laxmi Polychem India.

Laxmi Polychem India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.91% decrease. The company also saw a substantial fall in profitability, with a 24.7% decrease in profit. The company's net worth Soared by an impressive increase of 13.8%.

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
-31.91%
Revenue from Operations
-32.01%
Total Assets
4.42%
Profit or Loss
-24.70%
Net Worth
13.80%
EBITDA
-3.56%

What is the Ownership and Shareholding Structure of Laxmi Polychem India?

In 2023, Laxmi Polychem India 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

₹248.27 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 18.28 Cr
  • State Bank Of India : 6.55 Cr

Latest Charge Details

Date Lender Amount Status
30 Jul 2018 Others ₹18.28 Cr Open
05 Aug 2008 State Bank Of India ₹3.45 Cr Open
18 Jul 2000 State Bank Of India ₹9.50 M Open
18 Jul 2000 State Bank Of India ₹9.50 M Open
13 Oct 1999 State Bank Of India ₹6.00 M Open

How Many Employees Work at Laxmi Polychem India?

Unlock and access historical data on people associated with Laxmi Polychem India, 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 Laxmi Polychem India, 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 Polychem India'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 Polychem India

Recent activity within the organization

  • Annual General Meeting

    Laxmi Polychem India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Laxmi Polychem India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Savita Sunil Agarwal was appointed as a Director was appointed as a Director on 30 Mar 2021 & has been associated with this company since 3 years 10 months .

    30 Mar 2021

  • Director Appointment

    Vandana Banwarilal Poddar was appointed as a Director was appointed as a Director on 30 Mar 2021 & has been associated with this company since 3 years 10 months .

    30 Mar 2021

  • Charges

    A charge with Others of Rs. 182.77 M registered on 30 Jul 2018 with Charge ID 100196030 was modified on 26 Mar 2021.

    26 Mar 2021

  • Director Appointment

    Manoj Chaganlal Bafna was appointed as a Director was appointed as a Director on 01 Feb 2021 & has been associated with this company since 4 years 14 days .

    01 Feb 2021

Frequently asked questions

  • Laxmi Polychem India Limited was incorporated on 09 Mar 1999.

  • The authorized share capital of Laxmi Polychem India Limited is ₹ 5.00 M and paid-up capital is ₹ 4.98 M.

  • Currently 7 directors are associated with Laxmi Polychem India Limited.

    • Sunita Gopal Agarwal
    • Sapna Anil Agarwal
    • Sunilkumar Prahalad Ray Agarwal
    • Gopal Pralhadray Agarwal
    • Manoj Chaganlal Bafna
    • Savita Sunil Agarwal
    • Vandana Banwarilal Poddar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laxmi Polychem India Limited is Plot No.46 Co-Op Indus-Trial Estate Hubli Road, . India, Gadag, Karnataka, 582103.

  • The corporate identification number (CIN) of Laxmi Polychem India Limited is U85110KA1999PLC024878 and the company number is 024878 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Laxmi Polychem India Limited is https://www.laxmi-polychem-india-ltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Laxmi Polychem India Limited has fallen by -31.91%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Laxmi Polychem India Limited has experienced an upsurge of 13.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Laxmi Polychem India Limited amount to ₹ 24.83 Cr.

  • The most recent Balance Sheet for Laxmi Polychem India Limited was filed with the ROC on 31 Mar 2024.

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