Laxmi Ventures (India) Limited

Hotel business since 1980, based in Mumbai, Maharashtra.

1980 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Laxmi Ventures (India) Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 3.60 Cr
  • Company Age 45 Year, 16 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 333.14 Cr
  • Revenue Growth -30.39%
  • Profit Growth 952.94%
  • Ebitda -6.46%
  • Net Worth 21.08%
  • Total Assets 26.91%

About Laxmi Ventures (India)

Laxmi Ventures (India) Limited (LVIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 January 1980 and has a history of 45 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Travel And Hospitality 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 15.00 Cr and a paid-up capital of Rs 3.60 Cr.

The company has closed loans amounting to ₹333.14 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sandeep Agarwal, Akash Agarwal, and Virendra Pandey 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

    U51900MH1980PLC022108

  • Company No.

    022108

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 1980

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at Laxmi Ventures (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Sandeep Agarwal Country flag representing In Whole-Time Director 14-Nov-2002Current
Akash Agarwal Country flag representing In Whole-Time Director 14-Jan-2000Current
Virendra Pandey Country flag representing In Director 14-Jul-2023Current

Financial Performance of Laxmi Ventures (India).

Laxmi Ventures (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.39% decrease. The company also saw a substantial improvement in profitability, with a 952.94% increase in profit. The company's net worth Soared by an impressive increase of 21.08%.

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
-30.39%
Revenue from Operations
-36.33%
Total Assets
26.91%
Profit or Loss
952.94%
Net Worth
21.08%
EBITDA
-6.46%

What is the Ownership and Shareholding Structure of Laxmi Ventures (India)?

In 2023, Laxmi Ventures (India) had a promoter holding of 65.11% and a public holding of 34.89%. 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

₹333.14 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 204.44 Cr
  • State Bank Of Indore : 46.00 Cr
  • State Bank Of Indore As Lead Consortium Finance Bank : 36.20 Cr
  • Punjab National Bank : 18.00 Cr
  • Sate Bank Of Indore : 16.00 Cr
  • Others : 12.50 Cr

Latest Charge Details

DateLenderAmountStatus
17 May 2010State Bank Of Indore As Lead Consortium Finance Bank₹36.20 CrSatisfied
06 May 2008State Bank Of Indore₹11.00 CrSatisfied
13 Feb 2008Sate Bank Of Indore₹16.00 CrSatisfied
20 Sep 2007State Bank Of Indore₹35.00 CrSatisfied
19 Jun 2003Punjab National Bank₹10.00 CrSatisfied

How Many Employees Work at Laxmi Ventures (India)?

Laxmi Ventures (India) has a workforce of 176 employees as of Apr 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 Ventures (India), 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 Ventures (India)'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 Ventures (India)

Recent activity within the organization

  • Annual General Meeting

    Laxmi Ventures (India) Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Virendra Nath Pandey was appointed as a Director was appointed as a Director on 14 Jul 2023 & has been associated with this company since 1 year 6 months .

    14 Jul 2023

  • Balance Sheet

    Laxmi Ventures (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 12 May 1995 via Charge ID 90184011 with State Bank Of India was fully satisfied on 01 Feb 2020.

    01 Feb 2020

  • Charges

    A charge with State Bank Of India of Rs. 204.44 Cr registered on 12 May 1995 with Charge ID 90184011 was modified on 18 Jun 2013.

    18 Jun 2013

  • Charges

    A charge registered on 17 May 2010 via Charge ID 10223786 with State Bank Of Indore As Lead Consortium Finance Bank was fully satisfied on 14 Sep 2011.

    14 Sep 2011

Frequently asked questions

  • Laxmi Ventures (India) Limited was incorporated on 15 Jan 1980.

  • The authorized share capital of Laxmi Ventures (India) Limited is ₹ 15.00 Cr and paid-up capital is ₹ 3.60 Cr.

  • Currently 3 directors are associated with Laxmi Ventures (India) Limited.

    • Sandeep Agarwal
    • Akash Anil Agarwal
    • Virendra Nath Pandey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Laxmi Ventures (India) Limited is 36/40 Mahalaxmi Bridgearcade, India, Mumbai, Maharashtra, 400034.

  • The corporate identification number (CIN) of Laxmi Ventures (India) Limited is U51900MH1980PLC022108 and the company number is 022108 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Laxmi Ventures (India) Limited has fallen by -30.39%.

  • As Per 2023 financial reports, 176 employees are currently employed by Laxmi Ventures (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Laxmi Ventures (India) Limited has experienced an upsurge of 21.08%.

  • The most recent Balance Sheet for Laxmi Ventures (India) Limited was filed with the ROC on 31 Mar 2023.

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