Laxmi Shuttleless Looms Private Limited

Manufacturer of textile weaving looms and machinery, with sales and manufacturing units in Gujarat and Bhiwandi.

2003 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 23, 2024

Laxmi Shuttleless Looms Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.19 Cr
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth 2.91%
  • Profit Growth -10522.16%
  • Ebitda -219.01%
  • Net Worth 3.96%
  • Total Assets 70.18%

About Laxmi Shuttleless Looms

Laxmi Shuttleless Looms Private Limited (LSLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 December 2003 and has a history of 21 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹3.19 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Hemang Shanghvi, Divyang Shanghvi, Nimish Sanghvi, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29263GJ2003PTC043321

  • Company No.

    043321

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Laxmi Shuttleless Looms Private Limited offer?

Laxmi Shuttleless Looms Private Limited offers a wide range of products and services, including Apparel & Textile Machinery, Textile Processing Machines.

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

Board Members (4)

Name Designation Appointment Date Status
Nimish Sanghvi Country flag representing In Director 11-Dec-2003 Current
Ketan Sanghvi Country flag representing In Director 11-Dec-2003 Current
Hemang Shanghvi Country flag representing In Director 11-Dec-2003 Current
Divyang Shanghvi Country flag representing In Director 11-Dec-2003 Current

Financial Performance of Laxmi Shuttleless Looms.

Laxmi Shuttleless Looms Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.91% increase. The company also saw a substantial fall in profitability, with a 10522.16% decrease in profit. The company's net worth moved up by a moderate rise of 3.96%.

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
2.91%
Revenue from Operations
3.07%
Total Assets
70.18%
Profit or Loss
-10522.16%
Net Worth
3.96%
EBITDA
-219.01%

What is the Ownership and Shareholding Structure of Laxmi Shuttleless Looms?

Unlock access to Laxmi Shuttleless Looms's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.19 Cr

Satisfied Charges

₹0.20 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 3.19 Cr

Latest Charge Details

Date Lender Amount Status
15 Jul 2020 Bank Of India ₹1.95 M Open
21 Oct 2011 Bank Of India ₹3.00 Cr Open
11 Jun 2004 Bank Of India ₹2.00 M Satisfied

How Many Employees Work at Laxmi Shuttleless Looms?

Laxmi Shuttleless Looms has a workforce of 31 employees as of May 04, 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 Shuttleless Looms, 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 Shuttleless Looms'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 Shuttleless Looms

Recent activity within the organization

  • Annual General Meeting

    Laxmi Shuttleless Looms 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 Shuttleless Looms Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 0.19 Cr with Charge ID 100349238 was registered on 15 Jul 2020.

    15 Jul 2020

  • Charges

    A charge registered on 11 Jun 2004 via Charge ID 90095385 with Bank Of India was fully satisfied on 15 Nov 2011.

    15 Nov 2011

  • Charges

    A charge with Bank Of India amounted to Rs. 3.00 Cr with Charge ID 10319921 was registered on 21 Oct 2011.

    21 Oct 2011

  • Charges

    A charge with Bank Of India of Rs. 0.20 Cr registered on 11 Jun 2004 with Charge ID 90095385 was modified on 22 Jul 2005.

    22 Jul 2005

Frequently asked questions

  • Laxmi Shuttleless Looms Private Limited was incorporated on 11 Dec 2003.

  • The authorized share capital of Laxmi Shuttleless Looms Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 4 directors are associated with Laxmi Shuttleless Looms Private Limited.

    • Hemang Manmohandas Shanghvi
    • Divyang Anantrai Shanghvi
    • Nimish Manmohandas Sanghvi
    • Ketan Bhavanidas Sanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laxmi Shuttleless Looms Private Limited is Sanghvi Estates Gst Roadkaligam Ranip India, Ahmedabad, Gujarat, 382480.

  • The corporate identification number (CIN) of Laxmi Shuttleless Looms Private Limited is U29263GJ2003PTC043321 and the company number is 043321 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Laxmi Shuttleless Looms Private Limited is https://www.laxmilooms.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Laxmi Shuttleless Looms Private Limited has risen by 2.91%.

  • As Per 2023 financial reports, 31 employees are currently employed by Laxmi Shuttleless Looms Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Laxmi Shuttleless Looms Private Limited has experienced an upsurge of 3.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Laxmi Shuttleless Looms Private Limited amount to ₹ 3.19 Cr.

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