Laxminarayan Spinners (I) Private Limited

Manufactures cotton yarns with 13000 spindles per day in Solapur, Maharashtra since 2015.

2015 | Solapur, Maharashtra (India) | Active
Last Updated:

Laxminarayan Spinners (I) Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 9.42 Cr
  • Company Age 10 Year, 2 Months
  • 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 and two months. 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

  • Location

    Solapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120PN2015PTC153634

  • Company No.

    153634

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jan 2015

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

Who are the key members and board of directors at Laxminarayan Spinners (I)?

Board Members (4)

NameDesignationAppointment DateStatus
Omprakash Somani Country flag representing In Director 08-Jan-2015Current
Shamsundar Bihani Country flag representing In Director 08-Jan-2015Current
Vasantkumar Somani Country flag representing In Director 08-Jan-2015Current
Govind Somani Country flag representing In Director 08-Jan-2015Current

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%.

Laxminarayan Spinners (I) revenue growth over time
Laxminarayan Spinners (I) 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
-14.98%
Revenue from Operations
-14.98%
Total Assets
-9.89%
Profit or Loss
-117.45%
Net Worth
-8.47%
EBITDA
-65.12%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹51.75 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 51.75 Cr

Latest Charge Details

DateLenderAmountStatus
22 Apr 2022Others₹3.85 CrOpen
10 Aug 2021Others₹5.00 CrOpen
23 Jan 2017Others₹0.95 MOpen
05 Nov 2016Others₹42.80 CrOpen

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.

Employee growth trends for Laxminarayan Spinners (I) Private Limited

Deals i

Graph showing company valuation over time

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

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 Laxminarayan Spinners (I)

Recent activity within the organization

  • Annual General Meeting

    Laxminarayan Spinners (I) Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Laxminarayan Spinners (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Others amounted to Rs. 3.85 Cr with Charge ID 100579457 was registered on 22 Apr 2022.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100470408 was registered on 10 Aug 2021.

  • Charges

    A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100104073 was registered on 23 Jan 2017.

  • Charges

    A charge with Others amounted to Rs. 42.80 Cr with Charge ID 100067567 was registered on 05 Nov 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Laxminarayan Spinners (I) Private Limited?

    Laxminarayan Spinners (I) Private Limited was incorporated on 08 Jan 2015.

  • What is authorized share capital and paid-up capital of Laxminarayan Spinners (I) Private Limited?

    The authorized share capital of Laxminarayan Spinners (I) Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 9.42 Cr.

  • Who are the current board members & directors of Laxminarayan Spinners (I) Private Limited?

    Currently 4 directors are associated with Laxminarayan Spinners (I) Private Limited.

    • Omprakash Damodhar Somani
    • Shamsundar Ramkisan Bihani
    • Vasantkumar Ghanshyamdas Somani
    • Govind Shrinarayan Somani

  • What is the registered address of Laxminarayan Spinners (I) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Laxminarayan Spinners (I) Private Limited is 744 West Mangalwar Peth, India, Solapur, Maharashtra, 413002.

  • What is the corporate identification number (CIN) and company number of Laxminarayan Spinners (I) Private Limited?

    The corporate identification number (CIN) of Laxminarayan Spinners (I) Private Limited is U17120PN2015PTC153634 and the company number is 153634 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Laxminarayan Spinners (I) Private Limited?

    The Official website of Laxminarayan Spinners (I) Private Limited is https://www.laxminarayanspinners.com

  • What has been the recent revenue trend for Laxminarayan Spinners (I) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Laxminarayan Spinners (I) Private Limited has fallen by -14.98%.

  • How many employees does Laxminarayan Spinners (I) Private Limited currently have?

    As Per 2023 financial reports, 83 employees are currently employed by Laxminarayan Spinners (I) Private Limited.

  • What change has been observed in the net worth of Laxminarayan Spinners (I) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Laxminarayan Spinners (I) Private Limited has experienced an downturn of -8.47%.

  • What are the total open charges for Laxminarayan Spinners (I) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Laxminarayan Spinners (I) Private Limited amount to ₹ 51.75 Cr.

  • When was the last Balance Sheet of Laxminarayan Spinners (I) Private Limited filed with the ROC?

    The most recent Balance Sheet for Laxminarayan Spinners (I) Private Limited was filed with the ROC on 31 Mar 2024.

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