Laxmi Cotspin Limited - Company Profile

It is a manufacturing public limited company based in Jalna, Maharashtra, India, established in 2005.
2005 Jalna, Maharashtra, India Active
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About Laxmi Cotspin Limited

Laxmi Cotspin Limited, a active public limited company, was established on 19 October 2005 in Jalna, Maharashtra, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L17120MH2005PLC156866. Registered under ROC Roc Mumbai. it is listed on NSE: LAXMICOT. It has an authorized capital of ₹40.00 Cr and a paid-up capital of ₹17.15 Cr.

Formerly known as Laxmi Cotspin Private Limited, Mauli Cotspin Private Lilmited. It upholds a compliant status. In 2023, it reported revenue of ₹144.72 Cr and a net worth of ₹47.76 Cr. Employing 314 professional, Its leadership includes Ketankumar Shankarlal Shah (Director), Gopal Satyanarayan Mundada (Director), Sanjay Rathi Kachrulal (Managing Director). Past directors included Sunil Vinodrai Raithatha, Piyush Agrawal, Sagar Sandeep Pagariya. It holds ₹130.60 Cr open charges and ₹230.70 Cr settled loans. Its latest AGM occurred on 19 September 2025, with the balance sheet filed on 31 March 2025. It is based at Gut No.399, Samangaon-Kajla Road, In Front Of Meenatai Thakare Vridhashram, ,Samangaon, Jalna, Maharashtra, 431203.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L17120MH2005PLC156866

  • Registration Number

    156866

  • Incorporation Date

    19 October 2005

  • Authorized Capital

    ₹40.00 Cr

  • Paid-Up Capital

    ₹17.15 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (NSE: LAXMICOT)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 17.15 Cr
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 130.60 Cr
  • Satisfied Charges ₹ 230.70 Cr
  • Revenue Growth **** -33.40%
  • Profit Growth **** -207.32%
  • Ebitda **** -124.29%
  • Net Worth -10.86%
  • Total Assets -8.45%
Company report

Laxmi Cotspin Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Laxmi Cotspin 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 Laxmi Cotspin Limited?
Current Directors
Name Designation Appointment Date Status
Ketankumar Shankarlal Shah Director 08 Aug 2022 Current
Gopal Satyanarayan Mundada Director 16 Oct 2021 Current
Sanjay Rathi Kachrulal Managing Director 19 Oct 2005 Current
Kailash Shrikisan Biyani Director 16 Oct 2021 Current
Ramesh Gopikishan Mundada Director 01 Jul 2022 Current
Ravindra Mishrilal Bangad Additional Director 05 Dec 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Jul 2016 Past
Pramod Abcsdd Additional Director 27 Sep 2021 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Additional Director 05 Nov 2022 Past
Pramod Abcsdd Director 01 Apr 2023 Past

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Financial Performance of Laxmi Cotspin.

Laxmi Cotspin Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.4% decrease. The company also saw a substantial fall in profitability, with a 207.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.86%.

Laxmi Cotspin revenue growth over time
Laxmi Cotspin 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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 -33.40%
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Revenue from Operations
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 -33.64%
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Total Assets
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 -8.45%
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Profit or Loss
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 -207.32%
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Net Worth
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 -10.86%
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EBITDA
*******
 -124.29%
*******
*******
*******
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What is the Ownership and Shareholding Structure of Laxmi Cotspin?

In 2022, Laxmi Cotspin had a promoter holding of 57.40% and a public holding of 42.60%. The company had 2 Subsidiaries. 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

₹1,306,020,000.00

Satisfied Charges

₹2,307,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 83.63 Cr
  • Others : 28.70 Cr
  • Axis Bank Limited : 18.28 Cr
Latest Charge Details
Date Lender Amount Status
18 Feb 2025 Others ₹5.60 Cr Open
11 May 2022 Axis Bank Limited ₹18.28 Cr Open
05 May 2022 Hdfc Bank Limited ₹10.00 Cr Open
23 Jul 2018 Others ₹2.00 M Open
15 Mar 2018 Others ₹6.00 Cr Open

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How Many Employees Work at Laxmi Cotspin?

Laxmi Cotspin has a workforce of 314 employees as of Apr 08, 2024. 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 Laxmi Cotspin, 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 Laxmi Cotspin'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 Laxmi Cotspin
Recent Activity within the Organization
  • Director Appointment

    Ravindra Mishrilal Bangad was appointed as a Additional Director was appointed as a Additional Director on 05 Dec 2025 & has been associated with this company since 2 months 30 days . was recorded as a recent event.

  • Annual General Meeting

    Laxmi Cotspin Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Gaurav Ramnivas Karwa was appointed as a Director was appointed as a Director on 07 Aug 2025 & has been associated with this company since 6 months 28 days . was documented.

  • Director Appointment

    Vivek Mohanlal Maniyar was appointed as a Director was appointed as a Director on 07 Aug 2025 & has been associated with this company since 6 months 28 days . was recorded as a recent event.

  • Balance Sheet

    Progress on Laxmi Cotspin Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 5.60 Cr with Charge ID 101080870 was registered on 18 Feb 2025. was completed.

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Frequently Asked Questions
What is the CIN of Laxmi Cotspin Limited?

The CIN of Laxmi Cotspin Limited is L17120MH2005PLC156866.

Where is Laxmi Cotspin Limited headquartered?

Laxmi Cotspin Limited is headquartered at Gut No.399, Samangaon-Kajla Road, In Front Of Meenatai Thakare Vridhashram, ,Samangaon, Jalna, Maharashtra, 431203.

When was Laxmi Cotspin Limited incorporated?

Laxmi Cotspin Limited was incorporated on 19 October 2005.

Who are the current directors of Laxmi Cotspin Limited?

The current directors of Laxmi Cotspin Limited are

What is the primary industry of Laxmi Cotspin Limited?

The primary industry of Laxmi Cotspin Limited is Manufacturing.

Is Laxmi Cotspin Limited a listed company?

Laxmi Cotspin Limited is listed. It is listed on NSE: LAXMICOT.

What is the capital structure of Laxmi Cotspin Limited?

The authorized capital of Laxmi Cotspin Limited is ₹40.00 Cr, and the paid-up capital is ₹17.15 Cr.

What is the compliance status of Laxmi Cotspin Limited?

The compliance status of Laxmi Cotspin Limited is Compliant.

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