About Laxcon Steels Limited
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Laxcon Steels Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ1999PLC036413. Its GSTIN is 24AAACL5064A1Z3 (Gujarat). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25.25 Cr and a paid-up capital of ₹14.51 Cr. It was formerly known as Laxcon Steels Private Limited. It is led by directors including Gopal Swarup Gupta (Managing Director) and Rajan Garg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 235 Sarkhej Bavlanh 8A Village Sari Ta Sanand Dist Ahmedabad, Gujarat, India – 382220.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,915.93 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹55.43 Cr (net margin 2.9%) and EBITDA of ₹129.54 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 14% over five years.
The company has about 115 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹949.48 Cr and satisfied charges of ₹271.37 Cr on record. Court records list 42 cases involving the company, including 24 filed by the company and 18 filed against it; 4 cases are pending. The company has 13 deals on record (6 funding rounds, 6 secondary share transfers, 1 rights issue), with disclosed funding of ₹30.1 Cr; the latest was in November 2022. Its 9 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 5 smaller; the largest is Synergy Advanced Metals Limited with revenue of ₹1,998.26 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gopalgroup.com.
Company details
CIN history
Laxcon Steels has one previous CIN (Corporate Identification Number): U27100GJ1999PTC036413. The current CIN is U27100GJ1999PLC036413, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100GJ1999PLC036413 | Current |
| U27100GJ1999PTC036413 | Previous |
Contact details
Laxcon Steels Limited's registered office is in Ahmedabad, Gujarat. Its website is gopalgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPlot No 235 Sarkhej Bavlanh 8A Village Sari Ta Sanand Dist Ahmedabad, Gujarat, India – 382220
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Laxcon Steels 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 Laxcon Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Laxcon Steels Limited, buy the company report.
Financials of Laxcon Steels Limited
FY 2025 filings availableLaxcon Steels Limited reported revenue of ₹1,915.93 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 7% growth in the latest year. EBITDA fell 19% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,915.93 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹129.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.43 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Laxcon Steels Limited, buy the company report.
Board of directors of Laxcon Steels Limited
Laxcon Steels has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Swarup Gupta | Managing Director | 20 Mar 2002 | 24 Years 7 Months | Current |
| Rajan Garg Also directs: Briteview Steels Private Limited | Director | 01 Apr 2004 | 22 Years 7 Months | Current |
| Seema Garg | Director | 04 Jul 2020 | 6 Years 3 Months | Current |
| Vinod Gupta Also directs: G G Projects Private Limited, Supraneet Finance and Consultants Limited, Mega Steels Private Limited and 2 more | Director | 20 Mar 2002 | 24 Years 7 Months | Current |
| Deepa Kunal Maniar Also directs: Cavalry Advisors LLP, Jindal Worldwide Limited | Director | 04 Jun 2025 | 1 Years 4 Months | Current |
| Trilok Chand | Additional Director | 10 Jul 2026 | 0 Years 3 Months | Current |
Peer comparison
Laxcon Steels Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Synergy Advanced Metals Limited | ₹1,998.26 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Chandan Steel Limited | ₹1,997.46 Cr (FY 2024) | -3.0% | Mumbai, Maharashtra, India | |||
| Saarloha Advanced Materials Private Limited | ₹1,922.85 Cr (FY 2025) | -1.0% | Pune, Maharashtra, India | |||
| Bihar Foundry & Castings Limited | ₹1,917.18 Cr (FY 2025) | 12.0% | Ranchi, Jharkhand, India | |||
| Laxcon Steels Limitedthis company | ₹1,915.93 Cr (FY 2025) | ₹55.43 Cr | 2.9% | 7.0% | 115 | Ahmedabad, Gujarat, India |
| Nalwa Steel and Power Limited | ₹1,887.43 Cr (FY 2024) | -8.0% | New Delhi, Delhi, India | |||
| Maithan Steel and Power Limited | ₹1,876.96 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Arora Iron and Steel Rolling Mills Private Limited | ₹1,836.77 Cr (FY 2025) | 2.0% | Ludhiana, Punjab, India | |||
| JB Rolling Mills Limited | ₹1,822.55 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| JSW Steel (Salav) Limited | ₹1,820.21 Cr (FY 2019) | 27.0% | Anjar, Gujarat, India |
To see the full peer comparison of Laxcon Steels Limited, buy the company report.
Auditor
Laxcon Steels Limited is audited by Kantilal Patel & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kantilal Patel & Co. | FY 2025 | 104744W |
Shareholding
The shareholding of Laxcon Steels Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laxcon Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2026 | 101336379 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 28 Feb 2025 | 101055343 | Others | ₹80 Cr | Open | |
| 21 Nov 2002 | 80012130 | Others | ₹324.6 Cr | Open | |
| 21 Nov 2002 | 80012131 | Others | ₹444.6 Cr | Open | |
| 29 Dec 1989 | 90063663 | Bank of Baroda | ₹7.5 Lakh | Open |
To see the full charge records of Laxcon Steels Limited, buy the company report.
Total charge records: 57 View all charges
Deals & funding
Laxcon Steels Limited has 13 deals on record (6 funding rounds, 6 secondary share transfers, 1 rights issue), with disclosed funding of ₹30.1 Cr; the latest was in November 2022.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Surender Pal Gupta Huf |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Diwakar Commercials Pvt Ltd , an individual |
| Mar 2011 | Funding round | ₹2 Cr | Investors: Alankit Assignments Limited |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Global Infosystems Limited , Supraneet Finance and Consultants Limited , an individual |
To see the full deal history of Laxcon Steels Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Laxcon Steels Limited has 42 court cases on record: 24 filed by Laxcon Steels, 18 filed against it. 4 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 14 | 4 |
| High courts | 8 | 4 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by Emu Lines Private Ltd | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Ahmedabad and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Nilon Valves Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against DPS Bearings Pvt. Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against C. Doctor India Pvt. Ltd. | Disposed |
To see the full case history of Laxcon Steels 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
Laxcon Steels Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shivam Impex |
To see the full MSME payment records of Laxcon Steels Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Laxcon Steels Limited has a workforce of 115 employees on its EPFO records as of Jan 09, 2026, across 1 active EPFO establishment.
GST
Laxcon Steels has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACL5064A1Z3 | Gujarat | Active | 01 Jul 2017 |
| 24AAACL5064A1DC | Gujarat | Active | 05 Nov 2024 |
To see the full GST registrations and return filing status of Laxcon Steels Limited, buy the company report.
Recent activity
Laxcon Steels Limited has 15 board changes on record since 2002: 6 appointments and 9 cessations. The latest: Trilok Chand was appointed as Additional Director on 10 Jul 2026.
127 earlier events are in the company report.
Frequently asked questions
Laxcon Steels is an active public limited company based in Ahmedabad, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 August 1999 (27+ years old) and is registered under CIN U27100GJ1999PLC036413.
Laxcon Steels has 6 current directors:
- Gopal Swarup Gupta - Managing Director
- Rajan Garg - Director
- Seema Garg - Director
- Vinod Gupta - Director
- Deepa Kunal Maniar - Director
- Trilok Chand - Additional Director
The latest financial statements of Laxcon Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Laxcon Steels is 24AAACL5064A1Z3, registered in Gujarat. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 24AAACL5064A1DC (Gujarat).
The CIN (Corporate Identification Number) of Laxcon Steels is U27100GJ1999PLC036413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxcon Steels has 42 court cases on record: 24 filed by the company and 18 filed against it. 4 are pending. Most are in the district courts.
Laxcon Steels was incorporated on 12 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Laxcon Steels has 13 deals on record (6 funding rounds, 6 secondary share transfers, 1 rights issue), with disclosed funding of ₹30.1 Cr; the latest was in November 2022.
The peers of Laxcon Steels by revenue are Synergy Advanced Metals Limited, Chandan Steel Limited, Saarloha Advanced Materials Private Limited, Bihar Foundry & Castings Limited, Nalwa Steel and Power Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Trilok Chand was appointed as Additional Director on 10 Jul 2026. Deepa Kunal Maniar was appointed as Director on 04 Jun 2025. Jayeshkumar Patoliya ceased to be Company Secretary on 17 Feb 2023. Laxcon Steels has 15 board changes on record in total.
Laxcon Steels has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 13 May 2021.
Laxcon Steels can be reached through the website gopalgroup.com. Its registered office is in Ahmedabad, Gujarat, India.
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