Shree Lakshmi Cars Private Limited

Sells, services, and repairs all types of motor cars since 2016.

2016 | Shimoga, Karnataka (India) | Active
Last Updated: October 24, 2024

Shree Lakshmi Cars Profile

Key Indicators

  • Authorised Capital ₹ 5.75 Cr
  • Paid Up Capital ₹ 5.50 Cr
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.98 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 14.90%
  • Profit Growth -139.74%
  • Ebitda -20.54%
  • Net Worth -41.34%
  • Total Assets -2.54%

About Shree Lakshmi Cars

Shree Lakshmi Cars Private Limited (SLCPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 April 2016 (Eight years and nine months 30 days old ). Its registered office is in Shimoga, Karnataka, India.

The Corporate was formerly known as Sree Jyothilakshmi Cars Private Limited. The Company is engaged in the Automotive 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 5.75 Cr and a paid-up capital of Rs 5.50 Cr.

The company currently has active open charges totaling ₹25.98 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Varun Karagalathodi, Kolangar Ravindran, and Sachin Korath serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U50101KA2016PTC092559

  • Company No.

    092559

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Shree Lakshmi Cars Private Limited offer?

Shree Lakshmi Cars Private Limited offers a wide range of products and services, including Gazebos, Awnings, Canopies & Sheds, Canopy Sheds, Automobile Interiors & Accessories, Automotive Accessories, Seat Covers.

Who are the key members and board of directors at Shree Lakshmi Cars?

Board Members (3)

NameDesignationAppointment DateStatus
Varun Karagalathodi Country flag representing In Director 26-Apr-2016Current
Kolangar Ravindran Country flag representing In Director 26-Apr-2016Current
Sachin Korath Country flag representing In Director 01-Jul-2016Current

Financial Performance of Shree Lakshmi Cars.

Shree Lakshmi Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.9% increase. The company also saw a substantial fall in profitability, with a 139.74% decrease in profit. The company's net worth observed a substantial decline by a decrease of 41.34%.

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
14.90%
Revenue from Operations
14.90%
Total Assets
-2.54%
Profit or Loss
-139.74%
Net Worth
-41.34%
EBITDA
-20.54%

What is the Ownership and Shareholding Structure of Shree Lakshmi Cars?

In 2023, Shree Lakshmi Cars 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

₹25.98 Cr

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 25.98 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2023State Bank Of India₹19.75 CrOpen
05 Sep 2022State Bank Of India₹0.40 MOpen
19 Jun 2020State Bank Of India₹2.90 MOpen
26 Oct 2016State Bank Of India₹5.90 CrOpen
28 Feb 2017Tata Capital Financial Services Limited₹1.50 CrSatisfied

How Many Employees Work at Shree Lakshmi Cars?

Shree Lakshmi Cars has a workforce of 34 employees as of Apr 05, 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 Shree Lakshmi Cars, 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 Shree Lakshmi Cars'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 Shree Lakshmi Cars

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 19.75 Cr registered on 12 Dec 2023 with Charge ID 100840932 was modified on 29 Dec 2023.

    29 Dec 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 19.75 Cr with Charge ID 100840932 was registered on 12 Dec 2023.

    12 Dec 2023

  • Annual General Meeting

    Shree Lakshmi Cars Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shree Lakshmi Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.04 Cr with Charge ID 100610391 was registered on 05 Sep 2022.

    05 Sep 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.29 Cr with Charge ID 100355132 was registered on 19 Jun 2020.

    19 Jun 2020

Frequently asked questions

  • Shree Lakshmi Cars Private Limited was incorporated on 26 Apr 2016.

  • The authorized share capital of Shree Lakshmi Cars Private Limited is ₹ 5.75 Cr and paid-up capital is ₹ 5.50 Cr.

  • Currently 3 directors are associated with Shree Lakshmi Cars Private Limited.

    • Varun Shankar Karagalathodi
    • Kolangar Todi Ravindran
    • Sachin Shankar Korath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shree Lakshmi Cars Private Limited is Plot No - 1800 Shimoga Bhadravthi Bye Pass Road Near Galaxy Convention Hall Wadi-E-Huda, Urugadur India, Shivamogga, Karnataka, 577203.

  • The corporate identification number (CIN) of Shree Lakshmi Cars Private Limited is U50101KA2016PTC092559 and the company number is 092559 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shree Lakshmi Cars Private Limited is https://www.shreelakshmigroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shree Lakshmi Cars Private Limited has risen by 14.90%.

  • As Per 2023 financial reports, 34 employees are currently employed by Shree Lakshmi Cars Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shree Lakshmi Cars Private Limited has experienced an downturn of -41.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shree Lakshmi Cars Private Limited amount to ₹ 25.98 Cr.

  • The most recent Balance Sheet for Shree Lakshmi Cars Private Limited was filed with the ROC on 31 Mar 2023.

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