Laxmi Retails Private Limited

Retail company selling clothes and garments, established in 2012 in Cuttack, Orissa.

2012 | Cuttack, Odisha (India) | Active
Last Updated:

Laxmi Retails Profile

Key Indicators

  • Authorised Capital ₹ 1.80 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 12 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.60 Cr
  • Satisfied Charges ₹ 6.90 Cr
  • Revenue Growth 200.18%
  • Profit Growth 218.04%
  • Ebitda 114.21%
  • Net Worth 104.65%
  • Total Assets 603.42%

About Laxmi Retails

Laxmi Retails Private Limited (LRPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 June 2012 and has a history of 12 years and eight months. Its registered office is in Cuttack, Odisha, India.

The Company is engaged in the Fashion And Textile 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 1.80 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹12.60 Cr. The company has closed loans amounting to ₹6.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Piyush Budhia and Ajit Panda serve as directors at the Company.

Company Details

  • Location

    Cuttack, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52322OR2012PTC015578

  • Company No.

    015578

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Fashion and Textile
Company report

Laxmi Retails Private Limited

Explore comprehensive data for Laxmi Retails Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Piyush Budhia Country flag representing In Director 28-Jun-2012Current
Ajit Panda Country flag representing In Director 17-Apr-2023Current

Financial Performance of Laxmi Retails.

Laxmi Retails Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 200.18% increase. The company also saw a substantial improvement in profitability, with a 218.04% increase in profit. The company's net worth Soared by an impressive increase of 104.65%.

Laxmi Retails revenue growth over time
Laxmi Retails 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
200.18%
Revenue from Operations
42.81%
Total Assets
603.42%
Profit or Loss
218.04%
Net Worth
104.65%
EBITDA
114.21%

What is the Ownership and Shareholding Structure of Laxmi Retails?

In 2023, Laxmi Retails had a public holding of 89.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.60 Cr

Satisfied Charges

₹6.90 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.40 Cr
  • Hdfc Bank Limited : 6.20 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2024Hdfc Bank Limited₹6.20 CrOpen
31 May 2023State Bank Of India₹6.40 CrOpen
28 Nov 2023State Bank Of India₹6.40 CrSatisfied
09 Feb 2015Axis Bank Limited₹5.00 MSatisfied

How Many Employees Work at Laxmi Retails?

Laxmi Retails has a workforce of 20 employees as of Mar 28, 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 Retails Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.20 Cr with Charge ID 100907573 was registered on 25 Mar 2024.

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.40 Cr with Charge ID 100830299 was registered on 28 Nov 2023.

  • Charges

    A charge registered on 28 Nov 2023 via Charge ID 100830299 with State Bank Of India was fully satisfied on 28 Nov 2023.

  • Charges

    A charge with State Bank Of India of Rs. 6.40 Cr registered on 31 May 2023 with Charge ID 100734271 was modified on 28 Nov 2023.

  • Annual General Meeting

    Laxmi Retails Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.40 Cr with Charge ID 100734271 was registered on 31 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Laxmi Retails Private Limited?

    Laxmi Retails Private Limited was incorporated on 28 Jun 2012.

  • What is authorized share capital and paid-up capital of Laxmi Retails Private Limited?

    The authorized share capital of Laxmi Retails Private Limited is ₹ 1.80 Cr and paid-up capital is ₹ 1.50 Cr.

  • Who are the current board members & directors of Laxmi Retails Private Limited?

    Currently 2 directors are associated with Laxmi Retails Private Limited.

    • Piyush Budhia
    • Ajit Kumar Panda
  • What is the registered address of Laxmi Retails Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Laxmi Retails Private Limited is Banka Bazar India, Cuttack, Orissa, 753002.

  • What is the corporate identification number (CIN) and company number of Laxmi Retails Private Limited?

    The corporate identification number (CIN) of Laxmi Retails Private Limited is U52322OR2012PTC015578 and the company number is 015578 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Laxmi Retails Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Laxmi Retails Private Limited has risen by 200.18%.

  • How many employees does Laxmi Retails Private Limited currently have?

    As Per 2023 financial reports, 20 employees are currently employed by Laxmi Retails Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Laxmi Retails Private Limited has experienced an upsurge of 104.65%.

  • What are the total open charges for Laxmi Retails Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Laxmi Retails Private Limited amount to ₹ 12.60 Cr.

  • When was the last Balance Sheet of Laxmi Retails Private Limited filed with the ROC?

    The most recent Balance Sheet for Laxmi Retails Private Limited was filed with the ROC on 31 Mar 2023.

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