Lagnam Spintex Limited logo

Lagnam Spintex Limited

Manufacturer of rotor spun cotton yarn for denim and home textile industries.

2010 Bhilwara, Rajasthan (India) Active

About

Basic Data Updated:

1 day ago

Lagnam 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

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
  • Social Media
    1222442
CIN/LLPIN/FCRNL17119RJ2010PLC032089
Company No.032089
Stock Symbol NSE : LAGNAM
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date11 Jun 2010
Date of AGM28 Jul 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Jaipur

Financials of Lagnam Spintex Limited

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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

Executive Team (3)

  • AM

    Anand Mangal In Managing Director

    Appointment Date: 12-Jun-2010

    Status: Current

  • DM

    Devilal Mundra In CFO

    Appointment Date: 01-Feb-2018

    Status: Current

  • RP

    Rajeev Parashar In Company Secretary

    Appointment Date: 01-Feb-2018

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹478.27 cr

₹27.10 cr

LenderAmountStatus

Others

Creation Date: 01 May 2023
₹9.71 CrOpen

Hdfc Bank Limited

Creation Date: 08 Dec 2022
₹2.15 MOpen

State Bank Of India

Creation Date: 02 Aug 2022
₹45.00 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

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    Jagdish Laddha is a mutual person

  • Lagnam Infotech Solutions Private Limited

    Lagnam Infotech Solutions Private Limited

    Active build-icon 19 years 4 months

    Shubh Mangal is a mutual person

  • Vinati Organics Limited

    Vinati Organics Limited

    Active build-icon 34 years 10 months

    Jagdish Laddha is a mutual person

  • Mmp Industries Limited

    Mmp Industries Limited

    Active build-icon 50 years 6 months

    Vijay Bapna is a mutual person

  • Bsl Ltd

    Bsl Ltd

    Active build-icon 53 years 6 months

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  • Usha Martin Limited

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    Active build-icon 37 years 11 months

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Recent activity within the organization

  • Activity

    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 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 9.71 cr with Charge ID 100722947 was registered on 01 May 2023.

    01 May 2023
  • Activity

    Balance Sheet

    Lagnam Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023
  • Activity

    Charges

    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 2023
  • Activity

    Charges

    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

Frequently asked questions

What is the Incorporation or founding date of Lagnam Spintex Limited?

Lagnam Spintex Limited was incorporated 13 years 10 months ago on 11 Jun 2010 with Registrar of Companies Roc Jaipur.

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