About
Basic Data Updated:
1 day agoLagnam Spintex Limited, according to its credit rating report, is involved in the production of rotor spun cotton yarn (open-end yarn) in the count range of 7s-20s at its manufacturing facility in Bhilwara (Rajasthan). The company's operations were initiated in 2012 with 960 rotors, which have since been expanded to 1,920 rotors, resulting in a current annual production capacity of 6,000 Metric Tonne (MT). Its primary customers are denim and home textile manufacturers, with a majority of its products being supplied to denim manufacturers. The company, which was established in 2010, has its registered office situated in Bhilwara, Rajasthan.
Industry
Company Details
- Location
Bhilwara, Rajasthan, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
CIN/LLPIN/FCRN | L17119RJ2010PLC032089 |
Company No. | 032089 |
Stock Symbol | NSE : LAGNAM |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 11 Jun 2010 |
Date of AGM | 28 Jul 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Listed |
ROC Code | Roc Jaipur |
Financials of Lagnam Spintex Limited
Lagnam Spintex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.63% decrease. The company also saw a substantial fall in profitability, with a 66.1% decrease in profit. The company's net worth Soared by an impressive increase of 10.46%.
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Corporate Structure
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People in Lagnam Spintex Limited
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Executive Team (3)
AM
Anand Mangal Managing DirectorAppointment Date: 12-Jun-2010
Status: Current
DM
Devilal Mundra CFOAppointment Date: 01-Feb-2018
Status: Current
RP
Rajeev Parashar Company SecretaryAppointment Date: 01-Feb-2018
Status: Current
Board Members(6)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 01 May 2023 | ₹9.71 Cr | Open |
Hdfc Bank Limited Creation Date: 08 Dec 2022 | ₹2.15 M | Open |
State Bank Of India Creation Date: 02 Aug 2022 | ₹45.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Recent activity within the organization
Annual General Meeting
Lagnam Spintex Limited last Annual general meeting of members was held on 28 Jul 2023 as per latest MCA records.
28 Jul 2023Charges
A charge with Others amounted to Rs. 9.71 cr with Charge ID 100722947 was registered on 01 May 2023.
01 May 2023Balance Sheet
Lagnam Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.
31 Mar 2023Charges
A charge with State Bank Of India of Rs. 116.30 cr registered on 18 Jan 2012 with Charge ID 10335897 was modified on 06 Jan 2023.
06 Jan 2023Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 cr with Charge ID 100656908 was registered on 08 Dec 2022.
08 Dec 2022
Recent News, Updates & Announcement
- India Ratings Affirms Lagnam Spintex at IND BBBNegative Rates New Loans.
India Ratings and Research 17 Apr 2023
Frequently asked questions
What is the Incorporation or founding date of Lagnam Spintex Limited?