Laxmi Cotspin Limited logo

Laxmi Cotspin Limited

Founded in 2005 headquartered in Maharashtra, India.

2005 Jalna, Maharashtra (India) Active

About

Basic Data Updated:

1 month ago
Laxmi Cotspin Limited (LCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 October 2005 and has a history of 18 years and seven months. Its registered office is in Jalna, Maharashtra, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol LAXMICOT.

The Corporate was formerly known as Mauli Cotspin Private Lilmited. 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 2023. It's a company limited by shares with an authorized capital of Rs 40.00 cr and a paid-up capital of Rs 17.15 cr.

The Corporate currently has active open charges totaling ₹125.00 cr. It has already closed loans amounting to ₹230.70 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Laxmi Cotspin Limited India are Anupkumar Gindodiya as Cfo and Soni Karwa as Company Secretary. Ramesh Mundada, Sanjay Kachrulal, Shivratan Mundada, and Five other members serve as directors at the Company.

Industry

Company Details

  • Location

    Jalna, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL17120MH2005PLC156866
Company No.156866
Stock Symbol NSE : LAXMICOT
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date19 Oct 2005
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Mumbai

Products or Services related to Laxmi Cotspin Limited

Ring Spinning Yarn

Combed Ring Spun Yarn

Combed Warp Yarn

Yarn

Cotton Lint

Cotton

Cotton Bales

Cotton Bale

product
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Laxmi Cotspin Limited offers a wide range of products and services, including: Spun Yarn, Combed Ring Spun Yarn, Yarns & Threads, Yarn, Cotton, Cotton Bale.

Financials of Laxmi Cotspin Limited

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Laxmi Cotspin Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.4% decrease. The company also saw a substantial fall in profitability, with a 207.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.86%.

Corporate Structure

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Unlock access to Laxmi Cotspin's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Laxmi Cotspin Limited

Executive Team (3)

  • sanjay_rathi_556052.png
    Sanjay Kachrulal In Managing Director

    Appointment Date: 19-Oct-2005

    Status: Current

  • AG

    Anupkumar Gindodiya In CFO

    Appointment Date: 22-Jul-2016

    Status: Current

  • SK

    Soni Karwa Company Secretary

    Appointment Date: 01-Apr-2023

    Status: Current

Board Members(7)

Charges (Loans)

Open Charges Satisfied Charges

₹125.00 cr

₹230.70 cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 11 May 2022
₹18.28 CrOpen

Hdfc Bank Limited

Creation Date: 05 May 2022
₹10.00 CrOpen

Others

Creation Date: 23 Jul 2018
₹2.00 MOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Laxmi Cotspin, 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 Cotspin's trajectory.

Rating

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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.

Alert

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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.

Related Corporates (Common Directorship)

  • The Cotton Textiles Export Promotion Council

    The Cotton Textiles Export Promotion Council

    Active build-icon 69 years 8 months

    Sanjay Kachrulal is a mutual person

  • Cotton Association Of India

    Cotton Association Of India

    Active build-icon 102 years 7 months

    Sanjay Kachrulal is a mutual person

  • Gauri Agro Tech Products Private Limited

    Gauri Agro Tech Products Private Limited

    Active build-icon 16 years 7 months

    Kailash Biyani is a mutual person

  • Saptashrungi Steel & Power Llp

    Saptashrungi Steel & Power Llp

    Active build-icon 1 year 10 months

    Ramesh Mundada is a mutual person

  • Mammadevi Steel Alloys Private Limited

    Mammadevi Steel Alloys Private Limited

    Active build-icon 19 years 5 months

    Ramesh Mundada is a mutual person

  • Laxmi Surgical Healthcare Private Limited

    Laxmi Surgical Healthcare Private Limited

    Active build-icon 2 years 10 months

    Ramesh Mundada and Sanjay Kachrulal are mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

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

    30 Sep 2023
  • Activity

    Balance Sheet

    Laxmi Cotspin Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Charges

    A charge with Axis Bank Limited of Rs. 18.28 cr registered on 11 May 2022 with Charge ID 100589427 was modified on 25 Mar 2023.

    25 Mar 2023
  • Activity

    Director Appointment

    Vijay Jainarayan Jhawar was appointed as a Director was appointed as a Director on 08 Aug 2022 & has been associated with this company since 1 year 9 months .

    08 Aug 2022
  • Activity

    Director Appointment

    Ramesh Gopikishan Mundada was appointed as a Director was appointed as a Director on 01 Jul 2022 & has been associated with this company since 1 year 11 months .

    01 Jul 2022

Frequently asked questions

What is the Incorporation or founding date of Laxmi Cotspin Limited?

Laxmi Cotspin Limited was incorporated 18 years 7 months ago on 19 Oct 2005 with Registrar of Companies Roc Mumbai.

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