Laxmi Vasant Metallurgical Industries Limited

Casting non-ferrous metals since 1991, with registered office in Mumbai, Maharashtra.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated: December 07, 2024

Laxmi Vasant Metallurgical Industries Profile

Key Indicators

  • Authorised Capital ₹ 0.51 M
  • Paid Up Capital ₹ 0.51 M
  • Company Age 34 Year, 2 Days
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 7.70 M
  • Satisfied Charges ₹ 7.89 M
  • Revenue Growth -35.26%
  • Profit Growth -2546.57%
  • Ebitda -695.67%
  • Net Worth -74.59%
  • Total Assets 22.83%

About Laxmi Vasant Metallurgical Industries

Laxmi Vasant Metallurgical Industries Limited (LVMIL) is a Public Limited Indian Non-Government Company incorporated in India on 21 February 1991 and has a history of 34 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 0.51 M and a paid-up capital of Rs 0.51 M.

The company currently has active open charges totaling ₹7.70 M. The company has closed loans amounting to ₹7.89 M, as per Ministry of Corporate Affairs (MCA) records.

Uchil Rao, Amit Rao, and Uchil Rao serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27200MH1991PLC060412

  • Company No.

    060412

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Feb 1991

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Laxmi Vasant Metallurgical Industries Limited offer?

Laxmi Vasant Metallurgical Industries Limited offers a wide range of products and services, including Air Compressors, Accessories & Parts, Compressor Spares, Piston & Crankshaft Assemblies, Piston, CNC Machines & Lathe Machine, CNC Machined Components, Fuses, Circuit Breakers & Components, Low Voltage Switchgear, Brass, Copper & Metal Handicrafts, Metal Letter.

Who are the key members and board of directors at Laxmi Vasant Metallurgical Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Uchil Rao Country flag representing In Managing Director21-Feb-1991Current

Board Members (2)

NameDesignationAppointment DateStatus
Amit Rao Country flag representing In Whole-Time Director 21-Feb-1991Current
Uchil Rao Country flag representing In Director 21-Feb-1991Current

Financial Performance of Laxmi Vasant Metallurgical Industries.

Laxmi Vasant Metallurgical Industries Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 35.26% decrease. The company also saw a substantial fall in profitability, with a 2546.57% decrease in profit. The company's net worth observed a substantial decline by a decrease of 74.59%.

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
-35.26%
Revenue from Operations
-35.31%
Total Assets
22.83%
Profit or Loss
-2546.57%
Net Worth
-74.59%
EBITDA
-695.67%

What is the Ownership and Shareholding Structure of Laxmi Vasant Metallurgical Industries?

In 2020, Laxmi Vasant Metallurgical Industries 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

₹7.70 M

Satisfied Charges

₹7.89 M

Charges Breakdown by Lending Institutions

  • Others : 0.77 Cr

Latest Charge Details

DateLenderAmountStatus
21 Sep 2019Others₹7.70 MOpen
06 Sep 2017Canara Bank₹1.24 MSatisfied
13 Mar 2015Canara Bank₹0.50 MSatisfied
05 Jan 2012Canara Bank₹3.50 MSatisfied
06 Jul 2000Canara Bank₹2.65 MSatisfied

How Many Employees Work at Laxmi Vasant Metallurgical Industries?

Unlock and access historical data on people associated with Laxmi Vasant Metallurgical Industries, 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 Vasant Metallurgical Industries, 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 Vasant Metallurgical Industries'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 Vasant Metallurgical Industries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 7.70 M registered on 21 Sep 2019 with Charge ID 100299322 was modified on 22 Feb 2023.

    22 Feb 2023

  • Annual General Meeting

    Laxmi Vasant Metallurgical Industries Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Laxmi Vasant Metallurgical Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Charges

    A charge registered on 06 Sep 2017 via Charge ID 100129181 with Canara Bank was fully satisfied on 30 Jun 2021.

    30 Jun 2021

  • Charges

    A charge registered on 13 Mar 2015 via Charge ID 10565444 with Canara Bank was fully satisfied on 30 Jun 2021.

    30 Jun 2021

  • Charges

    A charge registered on 05 Jan 2012 via Charge ID 10332569 with Canara Bank was fully satisfied on 30 Jun 2021.

    30 Jun 2021

Frequently asked questions

  • Laxmi Vasant Metallurgical Industries Limited was incorporated on 21 Feb 1991.

  • The authorized share capital of Laxmi Vasant Metallurgical Industries Limited is ₹ 0.51 M and paid-up capital is ₹ 0.51 M.

  • Currently 3 directors are associated with Laxmi Vasant Metallurgical Industries Limited.

    • Uchil Vasantkumar Rao
    • Amit Uchil Rao
    • Uchil Vijaylaxmi Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laxmi Vasant Metallurgical Industries Limited is Shop No. 41 Ground Floor Sai Krupa Mall Tower L.T.Road Opp.Dahisar Station, Dahisar(W) India, Mumbai, Maharashtra, 400068.

  • The corporate identification number (CIN) of Laxmi Vasant Metallurgical Industries Limited is U27200MH1991PLC060412 and the company number is 060412 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Laxmi Vasant Metallurgical Industries Limited has fallen by -35.26%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Laxmi Vasant Metallurgical Industries Limited has experienced an downturn of -74.59%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Laxmi Vasant Metallurgical Industries Limited amount to ₹ 7.70 M.

  • The most recent Balance Sheet for Laxmi Vasant Metallurgical Industries Limited was filed with the ROC on 31 Mar 2022.