Laxmi Sarees Private Limited

Retail and wholesale trading of clothing, accessories, textiles, and fabrics.

2006 | Bangalore, Karnataka (India) | Active
Last Updated: July 30, 2024

Laxmi Sarees Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.47 Cr
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 M
  • Revenue Growth 44.86%
  • Profit Growth 121.49%
  • Ebitda 54.03%
  • Net Worth 0.86%
  • Total Assets 7.79%

About Laxmi Sarees

Laxmi Sarees Private Limited (LSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 October 2006 and has a history of 18 years and three months. Its registered office is in Bangalore, Karnataka, 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 2.00 Cr and a paid-up capital of Rs 1.47 Cr.

The company currently has active open charges totaling ₹5.00 M.

Ashok Jain, Narendra Jain, and Sanjeev Jain serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17121KA2006PTC040794

  • Company No.

    040794

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Fashion and Textile

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

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Jain Country flag representing In Director 27-Oct-2006Current
Narendra Jain Country flag representing In Director 27-Oct-2006Current
Sanjeev Jain Country flag representing In Director 01-Apr-2007Current

Financial Performance of Laxmi Sarees.

Laxmi Sarees Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.86% increase. The company also saw a substantial improvement in profitability, with a 121.49% increase in profit. The company's net worth moved up by a moderate rise of 0.86%.

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
44.86%
Revenue from Operations
45.07%
Total Assets
7.79%
Profit or Loss
121.49%
Net Worth
0.86%
EBITDA
54.03%

What is the Ownership and Shareholding Structure of Laxmi Sarees?

In 2023, Laxmi Sarees 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

₹0.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • H D F C Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 2007H D F C Bank Limited₹5.00 MOpen

How Many Employees Work at Laxmi Sarees?

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with H D F C Bank Limited amounted to Rs. 0.50 Cr with Charge ID 10056202 was registered on 19 Jun 2007.

    19 Jun 2007

  • Director Appointment

    Sanjeev Kumar Jain was appointed as a Director was appointed as a Director on 01 Apr 2007 & has been associated with this company since 17 years 10 months .

    01 Apr 2007

  • Director Appointment

    Ashok Jain was appointed as a Director was appointed as a Director on 27 Oct 2006 & has been associated with this company since 18 years 3 months .

    27 Oct 2006

  • Director Appointment

    Narendra Ful Jain was appointed as a Director was appointed as a Director on 27 Oct 2006 & has been associated with this company since 18 years 3 months .

    27 Oct 2006

Frequently asked questions

  • Laxmi Sarees Private Limited was incorporated on 27 Oct 2006.

  • The authorized share capital of Laxmi Sarees Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.47 Cr.

  • Currently 3 directors are associated with Laxmi Sarees Private Limited.

    • Ashok Jain
    • Narendra Ful Jain
    • Sanjeev Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laxmi Sarees Private Limited is No. 30 Jumma Mazid Road Avenue Road Cross, Bangalore, Karnataka, India, 560002.

  • The corporate identification number (CIN) of Laxmi Sarees Private Limited is U17121KA2006PTC040794 and the company number is 040794 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Laxmi Sarees Private Limited has risen by 44.86%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Laxmi Sarees Private Limited has experienced an upsurge of 0.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Laxmi Sarees Private Limited amount to ₹ 5.00 M.

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