New Laxmi Steel & Power Private Limited

Manufactures sponge iron, billets, and TMT bars under various brand names.

2007 | Khorda, Odisha (India) | Active
Last Updated: October 24, 2024

New Laxmi Steel & Power Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 5.46 Cr
  • Company Age 17 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 120.36 Cr
  • Satisfied Charges ₹ 80.28 Cr
  • Revenue Growth 29.76%
  • Profit Growth 18.99%
  • Ebitda 27.34%
  • Net Worth 25.49%
  • Total Assets 15.70%

About New Laxmi Steel & Power

New Laxmi Steel & Power Private Limited (NLSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 September 2007 and has a history of 17 years and four months. Its registered office is in Khorda, Odisha, India.

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 8.00 Cr and a paid-up capital of Rs 5.46 Cr.

The company currently has active open charges totaling ₹120.36 Cr. The company has closed loans amounting to ₹80.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pawan Gupta, Rahul Agarwal, and Hemant Gupta serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109OR2007PTC009542

  • Company No.

    009542

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

What products or services does New Laxmi Steel & Power Private Limited offer?

New Laxmi Steel & Power Private Limited offers a wide range of products and services, including Metal Finishing & Coating Services, Coating Services, Alloy, Metal and High Strength Bolts, Bolts.

Who are the key members and board of directors at New Laxmi Steel & Power?

Board Members (3)

Name Designation Appointment Date Status
Pawan Gupta Country flag representing In Director 21-Sep-2007 Current
Rahul Agarwal Country flag representing In Director 21-Sep-2007 Current
Hemant Gupta Country flag representing In Director 05-Dec-2018 Current

Financial Performance of New Laxmi Steel & Power.

New Laxmi Steel & Power Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.76% increase. The company also saw a substantial improvement in profitability, with a 18.99% increase in profit. The company's net worth Soared by an impressive increase of 25.49%.

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
29.76%
Revenue from Operations
29.75%
Total Assets
15.70%
Profit or Loss
18.99%
Net Worth
25.49%
EBITDA
27.34%

What is the Ownership and Shareholding Structure of New Laxmi Steel & Power?

In 2023, New Laxmi Steel & Power had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹120.36 Cr

Satisfied Charges

₹80.28 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 70.00 Cr
  • Others : 46.55 Cr
  • Hdfc Bank Limited : 3.81 Cr

Latest Charge Details

Date Lender Amount Status
09 May 2024 Hdfc Bank Limited ₹9.15 M Open
26 Jun 2023 Hdfc Bank Limited ₹4.35 M Open
06 Jun 2023 Hdfc Bank Limited ₹8.10 M Open
24 Feb 2023 Hdfc Bank Limited ₹7.60 M Open
21 Jan 2023 Hdfc Bank Limited ₹8.94 M Open

How Many Employees Work at New Laxmi Steel & Power?

New Laxmi Steel & Power has a workforce of 19 employees as of Apr 06, 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 New Laxmi Steel & Power, 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 New Laxmi Steel & Power'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 New Laxmi Steel & Power

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.92 Cr with Charge ID 100929465 was registered on 09 May 2024.

    09 May 2024

  • Charges

    A charge with State Bank Of India of Rs. 70.00 Cr registered on 02 Nov 2022 with Charge ID 100643919 was modified on 18 Jan 2024.

    18 Jan 2024

  • Annual General Meeting

    New Laxmi Steel & Power 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 with Others of Rs. 40.00 Cr registered on 30 Nov 2015 with Charge ID 10611090 was modified on 18 Aug 2023.

    18 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.44 Cr with Charge ID 100738804 was registered on 26 Jun 2023.

    26 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.81 Cr with Charge ID 100733283 was registered on 06 Jun 2023.

    06 Jun 2023

Frequently asked questions

  • New Laxmi Steel & Power Private Limited was incorporated on 21 Sep 2007.

  • The authorized share capital of New Laxmi Steel & Power Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 5.46 Cr.

  • Currently 3 directors are associated with New Laxmi Steel & Power Private Limited.

    • Pawan Kumar Gupta
    • Rahul Agarwal
    • Hemant Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of New Laxmi Steel & Power Private Limited is Plot No-11 Sector-A Zone-B, Mancheswar Industrial Estate India, Bhubaneswar, Orissa, 751010.

  • The corporate identification number (CIN) of New Laxmi Steel & Power Private Limited is U27109OR2007PTC009542 and the company number is 009542 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for New Laxmi Steel & Power Private Limited has risen by 29.76%.

  • As Per 2023 financial reports, 19 employees are currently employed by New Laxmi Steel & Power Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of New Laxmi Steel & Power Private Limited has experienced an upsurge of 25.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for New Laxmi Steel & Power Private Limited amount to ₹ 120.36 Cr.

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

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