Laxmi Sales And Service Private Limited

Auto dealership for Tata Motors, offering sales, service, and spare parts.

2007 | Bargarh, Odisha (India) | Active
Last Updated: October 24, 2024

Laxmi Sales And Service Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.35 Cr
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.87 Cr
  • Satisfied Charges ₹ 15.58 Cr
  • Revenue Growth 41.17%
  • Profit Growth 28.25%
  • Ebitda 100.93%
  • Net Worth 7.42%
  • Total Assets 8.21%

About Laxmi Sales And Service

Laxmi Sales And Service Private Limited (LSASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 December 2007 and has a history of 17 years and one month. Its registered office is in Bargarh, Odisha, India.

The Company is engaged in the Automotive 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 3.50 Cr and a paid-up capital of Rs 2.35 Cr.

The company currently has active open charges totaling ₹19.87 Cr. The company has closed loans amounting to ₹15.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravindra Agrawal and Rathindra Agrawal serve as directors at the Company.

Company Details

  • Location

    Bargarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    laxmigroup.biz

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50300OR2007PTC009698

  • Company No.

    009698

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Automotive

What products or services does Laxmi Sales And Service Private Limited offer?

Laxmi Sales And Service Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Van, Tipper Trucks, Mini Truck, Bus, Pickup Trucks, Trucks.

Who are the key members and board of directors at Laxmi Sales And Service?

Board Members (2)

Name Designation Appointment Date Status
Ravindra Agrawal Country flag representing In Whole-Time Director 28-Dec-2007 Current
Rathindra Agrawal Country flag representing In Whole-Time Director 28-Dec-2007 Current

Financial Performance of Laxmi Sales And Service.

Laxmi Sales And Service Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.17% increase. The company also saw a substantial improvement in profitability, with a 28.25% increase in profit. The company's net worth moved up by a moderate rise of 7.42%.

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
41.17%
Revenue from Operations
43.06%
Total Assets
8.21%
Profit or Loss
28.25%
Net Worth
7.42%
EBITDA
100.93%

What is the Ownership and Shareholding Structure of Laxmi Sales And Service?

In 2023, Laxmi Sales And Service 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

₹19.87 Cr

Satisfied Charges

₹15.58 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr
  • Axis Bank Limited : 9.87 Cr

Latest Charge Details

Date Lender Amount Status
22 Sep 2023 Others ₹2.50 Cr Open
11 Sep 2023 Others ₹3.00 Cr Open
15 Apr 2023 Axis Bank Limited ₹9.87 Cr Open
04 Jul 2022 Others ₹4.50 Cr Open
23 Sep 2022 Tata Capital Financial Services Limited ₹2.00 Cr Satisfied

How Many Employees Work at Laxmi Sales And Service?

Laxmi Sales And Service has a workforce of 21 employees as of Apr 08, 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 Sales And Service, 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 Sales And Service'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 Sales And Service

Recent activity within the organization

  • Charges

    A charge registered on 23 Sep 2022 via Charge ID 100613163 with Tata Capital Financial Services Limited was fully satisfied on 06 Oct 2023.

    06 Oct 2023

  • Annual General Meeting

    Laxmi Sales And Service 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 Others amounted to Rs. 2.50 Cr with Charge ID 100807162 was registered on 22 Sep 2023.

    22 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100789266 was registered on 11 Sep 2023.

    11 Sep 2023

  • Charges

    A charge registered on 16 Sep 2022 via Charge ID 100614953 with Others was fully satisfied on 08 Sep 2023.

    08 Sep 2023

  • Charges

    A charge registered on 08 Jun 2010 via Charge ID 10226438 with State Bank Of India was fully satisfied on 10 May 2023.

    10 May 2023

Frequently asked questions

  • Laxmi Sales And Service Private Limited was incorporated on 28 Dec 2007.

  • The authorized share capital of Laxmi Sales And Service Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.35 Cr.

  • Currently 2 directors are associated with Laxmi Sales And Service Private Limited.

    • Ravindra Kumar Agrawal
    • Rathindra Kumar Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laxmi Sales And Service Private Limited is Canal Avenue Nh-6, Po-Gudesira India, Bargarh, Orissa, 768038.

  • The corporate identification number (CIN) of Laxmi Sales And Service Private Limited is U50300OR2007PTC009698 and the company number is 009698 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Laxmi Sales And Service Private Limited is https://www.laxmigroup.biz

  • According to the financial reports for the fiscal year 2023, the revenue trend for Laxmi Sales And Service Private Limited has risen by 41.17%.

  • As Per 2023 financial reports, 21 employees are currently employed by Laxmi Sales And Service Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Laxmi Sales And Service Private Limited has experienced an upsurge of 7.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Laxmi Sales And Service Private Limited amount to ₹ 19.87 Cr.

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

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