Laxcon Steels Limited - Company Profile

It is a metals and minerals public limited company based in Ahmedabad, Gujarat, India, established in 1999.
1999 Ahmedabad, Gujarat, India Active
Last Updated:
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About Laxcon Steels Limited

Laxcon Steels Limited, a active public limited company, was established on 12 August 1999 in Ahmedabad, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27100GJ1999PLC036413. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹25.25 Cr and a paid-up capital of ₹14.51 Cr.

Formerly known as Laxcon Steels Private Limited. It upholds a compliant status. Employing 115 professional, Its leadership includes Deepa Kunal Maniar (Additional Director), Padmanabhan (Director), Seema Garg (Director). Past directors included Padmanabhan, Seema Garg, Sangita Gupta. It holds ₹919.17 Cr open charges and ₹271.28 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2024. It is based at Plot No 235 Sarkhej Bavlanh 8A Village Sari Ta Sanand Dist Ahmedabad, Ahmedabad, Gujarat, 382220.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27100GJ1999PLC036413

  • Registration Number

    036413

  • Incorporation Date

    12 August 1999

  • Authorized Capital

    ₹25.25 Cr

  • Paid-Up Capital

    ₹14.51 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 25.25 Cr
  • Paid Up Capital ₹ 14.51 Cr
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 919.17 Cr
  • Satisfied Charges ₹ 271.28 Cr
  • Revenue Growth **** -5.20%
  • Profit Growth **** -0.38%
  • Ebitda **** 3.11%
  • Net Worth 22.13%
  • Total Assets **** 14.83%
Company report

Laxcon Steels Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Laxcon Steels Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Laxcon Steels Limited?
Current Directors
Name Designation Appointment Date Status
Deepa Kunal Maniar Additional Director 04 Jun 2025 Current
Padmanabhan Director 28 Aug 2020 Current
Seema Garg Director 04 Jul 2020 Current
Rajan Garg Director 01 Apr 2004 Current
Vinod Gupta Director 20 Mar 2002 Current
Gopal Swarup Gupta Managing Director 20 Mar 2002 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Dec 2020 Past
Pramod Abcsdd Additional Director 30 Dec 2020 Past
Pramod Abcsdd Director 18 Aug 2020 Past
Pramod Abcsdd Director 30 Sep 2022 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Additional Director 30 Sep 2016 Past

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Financial Performance of Laxcon Steels.

Laxcon Steels Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 5.2% decrease. The company also saw a slight decrease in profitability, with a 0.38% decrease in profit. The company's net worth Soared by an impressive increase of 22.13%.

Laxcon Steels revenue growth over time
Laxcon Steels profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -5.20%
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Revenue from Operations
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 -5.66%
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Total Assets
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 14.83%
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Profit or Loss
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 -0.38%
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Net Worth
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 22.13%
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EBITDA
*******
 3.11%
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*******
*******
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What is the Ownership and Shareholding Structure of Laxcon Steels?

In 2024, Laxcon Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹9,191,701,100.00

Satisfied Charges

₹2,712,801,590.00

Charges Breakdown by Lending Institutions
  • Others : 918.80 Cr
  • Bank Of Baroda : 0.28 Cr
  • Hdfc Bank Limited : 0.09 Cr
Latest Charge Details
Date Lender Amount Status
28 Feb 2025 Others ₹92.00 Cr Open
27 Jan 2023 Hdfc Bank Limited ₹0.94 M Open
21 Nov 2002 Others ₹413.40 Cr Open
21 Nov 2002 Others ₹413.40 Cr Open
29 Dec 1989 Bank Of Baroda ₹0.75 M Open

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How Many Employees Work at Laxcon Steels?

Laxcon Steels has a workforce of 115 employees as of Jan 09, 2026. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Laxcon Steels, 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 Laxcon Steels's trajectory.

Rating
Graph displaying rating trends over time

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.

Alerts
Alert Indicator

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.

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Latest Updates, News, and FAQs on Laxcon Steels
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 31 Aug 2022 via Charge ID 100657295 with Yes Bank Limited was fully satisfied on 09 Oct 2025. was documented.

  • Annual General Meeting

    Laxcon Steels Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 22 Jun 2020 via Charge ID 100349761 with Axis Bank Limited was fully satisfied on 16 Jun 2025. was documented.

  • Director Appointment

    Deepa Kunal Maniar was appointed as a Additional Director was appointed as a Additional Director on 04 Jun 2025 & has been associated with this company since 8 months 11 days . was recorded as a recent event.

  • Charges

    A charge registered on 13 Dec 2022 via Charge ID 100662034 with Hdfc Bank Limited was fully satisfied on 10 Mar 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 15 Dec 2021 via Charge ID 100518855 with Hdfc Bank Limited was fully satisfied on 10 Mar 2025. was documented.

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Frequently Asked Questions
What is the CIN of Laxcon Steels Limited?

The CIN of Laxcon Steels Limited is U27100GJ1999PLC036413.

Where is Laxcon Steels Limited headquartered?

Laxcon Steels Limited is headquartered at Plot No 235 Sarkhej Bavlanh 8A Village Sari Ta Sanand Dist Ahmedabad, Ahmedabad, Gujarat, 382220.

When was Laxcon Steels Limited incorporated?

Laxcon Steels Limited was incorporated on 12 August 1999.

Who are the current directors of Laxcon Steels Limited?

The current directors of Laxcon Steels Limited are

What is the primary industry of Laxcon Steels Limited?

The primary industry of Laxcon Steels Limited is Manufacturing.

Is Laxcon Steels Limited a listed company?

Laxcon Steels Limited is unlisted.

What is the capital structure of Laxcon Steels Limited?

The authorized capital of Laxcon Steels Limited is ₹25.25 Cr, and the paid-up capital is ₹14.51 Cr.

What is the compliance status of Laxcon Steels Limited?

The compliance status of Laxcon Steels Limited is Compliant.

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