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Laxminarayan Spinners (I) Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 9.42 Cr
- Company Age 10 Year, 26 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 51.75 Cr
- Revenue Growth -14.98%
- Profit Growth -117.45%
- Ebitda -65.12%
- Net Worth -8.47%
- Total Assets -9.89%
About Laxminarayan Spinners (I)
Laxminarayan Spinners (I) Private Limited (LSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 January 2015 and has a history of Ten years. Its registered office is in Solapur, 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 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 9.42 Cr.
The company currently has active open charges totaling ₹51.75 Cr.
Omprakash Somani, Shamsundar Bihani, Vasantkumar Somani, and One other member serve as directors at the Company.
Company Details
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Location
Solapur, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17120PN2015PTC153634
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Company No.
153634
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 Jan 2015
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Date of AGM
28 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Laxminarayan Spinners (I)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Omprakash Somani
|
Director | 08-Jan-2015 | Current |
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Shamsundar Bihani
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Director | 08-Jan-2015 | Current |
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Vasantkumar Somani
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Director | 08-Jan-2015 | Current |
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Govind Somani
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Director | 08-Jan-2015 | Current |
Financial Performance of Laxminarayan Spinners (I).
Laxminarayan Spinners (I) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.98% decrease. The company also saw a substantial fall in profitability, with a 117.45% decrease in profit. The company's net worth dipped by a decrease of 8.47%.
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What is the Ownership and Shareholding Structure of Laxminarayan Spinners (I)?
In 2022, Laxminarayan Spinners (I) had a promoter holding of 36.93% and a public holding of 63.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Shubham Texport Private LimitedOmprakash Somani is a mutual person
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Saikrupa Super Market Private LimitedShamsundar Bihani is a mutual person
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Shree Varadraj Impex Private LimitedOmprakash Somani is a mutual person
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Creative Terry Towels India Private Limited
Omprakash Somani is a mutual person
Charges (Loans)
₹51.75 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 51.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Apr 2022 | Others | ₹3.85 Cr | Open |
| 10 Aug 2021 | Others | ₹5.00 Cr | Open |
| 23 Jan 2017 | Others | ₹0.95 M | Open |
| 05 Nov 2016 | Others | ₹42.80 Cr | Open |
How Many Employees Work at Laxminarayan Spinners (I)?
Laxminarayan Spinners (I) has a workforce of 83 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Laxminarayan Spinners (I), 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 Laxminarayan Spinners (I)'s trajectory.
Rating
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
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.
