Laven Technoblend Limited
About Laven Technoblend Limited
Data last updated:
Laven Technoblend Limited is a public limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 September 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1978PLC000821. Its GSTIN is 33AAACC8784G2ZJ (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹11.5 Cr. It was formerly known as Coimbatore Popular Spinning Mills Limited. It is led by directors including Gurusamy Venkatramachandran (Managing Director) and Coimbatore Ramasamy Ravichandran.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 25 Chinna Ayyavu Layout Opp To Adwaith Gns School Sowripalayam Road, Coimbatore, Tamil Nadu, India – 641028.
As per the financials filed for FY 2023, the company reported a revenue of ₹32.73 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.98 Lakh (net margin 12.2%) and EBITDA of ₹4.05 Lakh (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹5.58 Cr and satisfied charges of ₹21.83 Cr on record. Court records list 45 cases involving the company, including 24 filed by the company and 21 filed against it; 4 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹7.5 Cr; the latest was in January 2008. Its 3 peer companies in the Consumer Products industry (Leather Goods Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 1 smaller; the largest is Garvit International Private Limited with revenue of ₹32.79 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Laven Technoblend has one previous CIN (Corporate Identification Number): L17111TZ1978PLC000821. The current CIN is U17111TZ1978PLC000821, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111TZ1978PLC000821 | Current |
| L17111TZ1978PLC000821 | Previous |
Contact details
Laven Technoblend Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address25 Chinna Ayyavu Layout Opp To Adwaith Gns School Sowripalayam Road, Coimbatore, Tamil Nadu, India – 641028
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Laven Technoblend Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Laven Technoblend is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Laven Technoblend Limited, buy the company report.
Financials of Laven Technoblend Limited
FY 2023 filings availableLaven Technoblend Limited reported revenue of ₹32.73 Lakh (up 212% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 212% growth in the latest year. EBITDA rose 162% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹4.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.98 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 12.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Laven Technoblend Limited, buy the company report.
Board of directors of Laven Technoblend Limited
Laven Technoblend has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurusamy Venkatramachandran Also directs: Sunantha Indian Fine Cotton Association | Managing Director | 01 Jul 1995 | 31 Years 4 Months | Current |
| Coimbatore Ramasamy Ravichandran | Director | 12 Dec 2007 | 18 Years 11 Months | Current |
| Lakshmi Ramachandran | Director | 30 Sep 2011 | 15 Years 1 Months | Current |
Peer comparison
Laven Technoblend Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Leather Goods Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Garvit International Private Limited | ₹32.79 Lakh (FY 2017) | -14.0% | Gurgaon, Haryana, India | |||
| Trenzy Industries Private Limited | ₹32.77 Lakh (FY 2025) | 29.0% | Himmatnagar, Gujarat, India | |||
| Laven Technoblend Limitedthis company | ₹32.73 Lakh (FY 2023) | ₹3.98 Lakh | 12.2% | 212.0% | Coimbatore, Tamil Nadu, India | |
| MN Narrow Tex Private Limited | ₹32.62 Lakh (FY 2023) | Ahmedabad, Gujarat, India |
To see the full peer comparison of Laven Technoblend Limited, buy the company report.
Auditor
Laven Technoblend Limited is audited by P N RAGHAVENDRARAO & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P N RAGHAVENDRARAO & CO | FY 2022 | 003328S |
Shareholding
The shareholding of Laven Technoblend Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laven Technoblend Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 1997 | 90005068 | Coimbatore Lakshmi Investment and Financial Companay Limited | ₹17 Lakh | Open | |
| 06 Feb 1997 | 90005053 | Sakthi Finance Limited | ₹16.13 Lakh | Open | |
| 22 Jun 1994 | 90005002 | Assets Care Enterprise Limited | ₹4.9 Cr | Open | |
| 20 Apr 1994 | 90005000 | India Equipment Leasing Limited | ₹11.14 Lakh | Open | |
| 17 Jan 1994 | 90004991 | India Equipment Leasing Limited | ₹12.54 Lakh | Open |
To see the full charge records of Laven Technoblend Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Laven Technoblend Limited has 1 deal on record (1 funding round), with disclosed funding of ₹7.5 Cr; the latest was in January 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2008 | Funding round | ₹7.5 Cr | Investors: Stressed Assets Stabilization Fund, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Laven Technoblend Limited has 45 court cases on record: 24 filed by Laven Technoblend, 21 filed against it. 4 cases are pending and 41 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 11 | 4 |
| District courts | 15 | 10 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by The Regional Provident Fund Commissioner | Pending |
| High Court, TAMIL NADU | Court case (REV.APPL) | Filed against the company by The Regional Provident Fund Commissioner | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Registrar of Companies.(Cc 4250-201 | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Registrar of Companies, Coimbatore.( STC No 4279/2017 | Disposed |
To see the full case history of Laven Technoblend Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Laven Technoblend Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Laven Technoblend has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACC8784G2ZJ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Laven Technoblend Limited, buy the company report.
Recent activity
Laven Technoblend Limited has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Balraj Coimbatore Krishnaswamy ceased to be Director on 30 Sep 2011.
62 earlier events are in the company report.
Frequently asked questions
Laven Technoblend is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 September 1978 (48+ years old) and is registered under CIN U17111TZ1978PLC000821.
Laven Technoblend has 3 current directors:
- Gurusamy Venkatramachandran - Managing Director
- Coimbatore Ramasamy Ravichandran - Director
- Lakshmi Ramachandran - Director
The latest financial statements of Laven Technoblend on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Laven Technoblend is 33AAACC8784G2ZJ, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Laven Technoblend is U17111TZ1978PLC000821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laven Technoblend has 45 court cases on record: 24 filed by the company and 21 filed against it. 4 are pending. Most are in the high courts.
Laven Technoblend was incorporated on 27 September 1978, making it 48+ years old. It is registered with the Registrar of Companies, Coimbatore.
Laven Technoblend has 1 deal on record (1 funding round), with disclosed funding of ₹7.5 Cr; the latest was in January 2008.
The peers of Laven Technoblend by revenue are Garvit International Private Limited, Trenzy Industries Private Limited, MN Narrow Tex Private Limited, all in the Consumer Products industry (Leather Goods Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products).
Balraj Coimbatore Krishnaswamy ceased to be Director on 30 Sep 2011. Lakshmi Ramachandran was appointed as Director on 30 Sep 2011. Pattulinghanatarajan Ramesh ceased to be Director on 14 Dec 2007. Laven Technoblend has 5 board changes on record in total.
The registered office of Laven Technoblend is at 25 Chinna Ayyavu Layout Opp To Adwaith Gns School Sowripalayam Road, Coimbatore, Tamil Nadu, India – 641028.
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