Laxmi Steel Overseas Private Limited

Manufactures and trades steel intermediates, including ingots, billets, TMT bars, and MS bars.

1999 | Bangalore, Karnataka (India) | Active
Last Updated: June 18, 2024

Laxmi Steel Overseas Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 25 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 34.17 Cr
  • Revenue Growth -99.30%
  • Profit Growth 67.11%
  • Ebitda 98.96%
  • Net Worth -9.00%
  • Total Assets -0.48%

About Laxmi Steel Overseas

Laxmi Steel Overseas Private Limited (LSOPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 September 1999 and has a history of 25 years and four months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Subh Laxmi Granites 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 2.50 Cr and a paid-up capital of Rs 2.50 Cr.

The company has closed loans amounting to ₹34.17 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Gaurav Gupta and Mahesh Kumar serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26960KA1999PTC025735

  • Company No.

    025735

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Gaurav Gupta Country flag representing In Additional Director 30-Oct-2023 Current
Mahesh Kumar Country flag representing In Director 25-Mar-2002 Current

Financial Performance of Laxmi Steel Overseas.

Laxmi Steel Overseas Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.3% decrease. The company also saw a substantial improvement in profitability, with a 67.11% increase in profit. The company's net worth dipped by a decrease of 9%.

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
-99.30%
Revenue from Operations
Total Assets
-0.48%
Profit or Loss
67.11%
Net Worth
-9.00%
EBITDA
98.96%

What is the Ownership and Shareholding Structure of Laxmi Steel Overseas?

In 2023, Laxmi Steel Overseas 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

Satisfied Charges

₹34.17 Cr

Charges Breakdown by Lending Institutions

  • Others : 17.97 Cr
  • Axis Bank Limited : 9.20 Cr
  • Religare Finvest Limited : 7.01 Cr

Latest Charge Details

Date Lender Amount Status
19 Jun 2015 Religare Finvest Limited ₹7.01 Cr Satisfied
03 Aug 2011 Others ₹17.97 Cr Satisfied
17 Jan 2007 Axis Bank Limited ₹9.20 Cr Satisfied

How Many Employees Work at Laxmi Steel Overseas?

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

Recent activity within the organization

  • Director Appointment

    Gaurav Gupta was appointed as a Additional Director was appointed as a Additional Director on 30 Oct 2023 & has been associated with this company since 1 year 3 months .

    30 Oct 2023

  • Charges

    A charge registered on 19 Jun 2015 via Charge ID 10575369 with Religare Finvest Limited was fully satisfied on 10 Oct 2023.

    10 Oct 2023

  • Annual General Meeting

    Laxmi Steel Overseas 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 registered on 03 Aug 2011 via Charge ID 10301135 with Others was fully satisfied on 06 Jun 2023.

    06 Jun 2023

  • Balance Sheet

    Laxmi Steel Overseas 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 Others of Rs. 17.97 Cr registered on 03 Aug 2011 with Charge ID 10301135 was modified on 02 Jul 2020.

    02 Jul 2020

Frequently asked questions

  • Laxmi Steel Overseas Private Limited was incorporated on 21 Sep 1999.

  • The authorized share capital of Laxmi Steel Overseas Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.50 Cr.

  • Currently 2 directors are associated with Laxmi Steel Overseas Private Limited.

    • Gaurav Gupta
    • Mahesh Gupta Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laxmi Steel Overseas Private Limited is 196 To198 & 243 To245 Bommasandra Jigani Link Roa Bommasandra Industrial Area, Bangalore, Karnataka, India, 562106.

  • The corporate identification number (CIN) of Laxmi Steel Overseas Private Limited is U26960KA1999PTC025735 and the company number is 025735 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Laxmi Steel Overseas Private Limited is https://www.laxmisteeloverseas.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Laxmi Steel Overseas Private Limited has fallen by -99.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Laxmi Steel Overseas Private Limited has experienced an downturn of -9.00%.

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

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