Laxmi Rolling And Strips Private Limited

Steel and alloy manufacturing with 4,500 ton/month capacity. Part of Laxmi Group.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Laxmi Rolling And Strips Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.98 Cr
  • Company Age 21 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 105.85 Cr
  • Satisfied Charges ₹ 34.48 Cr
  • Revenue Growth 58.89%
  • Profit Growth -2.64%
  • Ebitda 41.13%
  • Net Worth 4.85%
  • Total Assets 28.81%

About Laxmi Rolling And Strips

Laxmi Rolling And Strips Private Limited (LRASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 June 2003 and has a history of 21 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Laxmi Tiles & Rocks (India) Private Limited. The Company is engaged in the Metals And Minerals 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 5.00 Cr and a paid-up capital of Rs 4.98 Cr.

The company currently has active open charges totaling ₹105.85 Cr. The company has closed loans amounting to ₹34.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahaveer Aggarwal and Vipin Aggarwal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100KA2003PTC032025

  • Company No.

    032025

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

What products or services does Laxmi Rolling And Strips Private Limited offer?

Laxmi Rolling And Strips Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Steel Bars.

Who are the key members and board of directors at Laxmi Rolling And Strips?

Board Members (2)

NameDesignationAppointment DateStatus
Mahaveer Aggarwal Country flag representing In Director 02-Jun-2003Current
Vipin Aggarwal Country flag representing In Director 21-Sep-2009Current

Financial Performance of Laxmi Rolling And Strips.

Laxmi Rolling And Strips Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.89% increase. The company also saw a slight decrease in profitability, with a 2.64% decrease in profit. The company's net worth moved up by a moderate rise of 4.85%.

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
58.89%
Revenue from Operations
60.88%
Total Assets
28.81%
Profit or Loss
-2.64%
Net Worth
4.85%
EBITDA
41.13%

What is the Ownership and Shareholding Structure of Laxmi Rolling And Strips?

In 2023, Laxmi Rolling And Strips 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

₹105.85 Cr

Satisfied Charges

₹34.48 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 59.75 Cr
  • Others : 31.03 Cr
  • Sidbi : 11.32 Cr
  • Andhra Pradesh State Financial Corporation : 3.75 Cr

Latest Charge Details

DateLenderAmountStatus
09 Nov 2023Sidbi₹7.47 CrOpen
04 Aug 2023Sidbi₹8.50 MOpen
23 May 2023Others₹24.00 CrOpen
22 Jul 2022Sidbi₹3.00 CrOpen
15 Jun 2020Others₹7.50 MOpen

How Many Employees Work at Laxmi Rolling And Strips?

Laxmi Rolling And Strips has a workforce of 1 employees as of Apr 07, 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 Rolling And Strips, 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 Rolling And Strips'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 Rolling And Strips

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 24.00 Cr registered on 23 May 2023 with Charge ID 100721320 was modified on 20 Sep 2024.

    20 Sep 2024

  • Charges

    A charge with Sidbi amounted to Rs. 7.47 Cr with Charge ID 100809355 was registered on 09 Nov 2023.

    09 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 0.85 Cr with Charge ID 100763780 was registered on 04 Aug 2023.

    04 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 24.00 Cr with Charge ID 100721320 was registered on 23 May 2023.

    23 May 2023

  • Balance Sheet

    Laxmi Rolling And Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Laxmi Rolling And Strips Private Limited was incorporated on 02 Jun 2003.

  • The authorized share capital of Laxmi Rolling And Strips Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.98 Cr.

  • Currently 2 directors are associated with Laxmi Rolling And Strips Private Limited.

    • Mahaveer Prasad Aggarwal
    • Vipin Kumar Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laxmi Rolling And Strips Private Limited is Plot No. 60D Ground Floor L.G. Tower Bommasandra Indl Area, Anekal Taluk India, Bangalore, Karnataka, 560099.

  • The corporate identification number (CIN) of Laxmi Rolling And Strips Private Limited is U27100KA2003PTC032025 and the company number is 032025 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Laxmi Rolling And Strips Private Limited has risen by 58.89%.

  • As Per 2023 financial reports, 1 employees are currently employed by Laxmi Rolling And Strips Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Laxmi Rolling And Strips Private Limited has experienced an upsurge of 4.85%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Laxmi Rolling And Strips Private Limited amount to ₹ 105.85 Cr.

  • The most recent Balance Sheet for Laxmi Rolling And Strips Private Limited was filed with the ROC on 31 Mar 2023.

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