Laxmi Cycle Industries Private Limited
About Laxmi Cycle Industries Private Limited
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Laxmi Cycle Industries Private Limited is a private limited company based in Gorakhpur, Uttar Pradesh, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 17 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U34929UP1992PTC014070. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹74.76 Lakh. It is led by directors including Krishan Choudhary Kumar and Bimal Kumar Chaudhary.
Its last annual general meeting (AGM) was held on 10 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at A – 60 Avas Vikas Colony Suraj Kund, Gorakhpur, Uttar Pradesh, India – 273015.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.65 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹1.4 Cr (net margin -52.6%) and EBITDA of -₹98.11 Lakh (EBITDA margin -37%).
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹3.71 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Laxmi Cycle Industries Private Limited's registered office is in Gorakhpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 60 Avas Vikas Colony Suraj Kund, Gorakhpur, Uttar Pradesh, India – 273015
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Laxmi Cycle Industries Private 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 Laxmi Cycle Industries 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 Laxmi Cycle Industries Private Limited, buy the company report.
Financials of Laxmi Cycle Industries Private Limited
FY 2017 filings availableLaxmi Cycle Industries Private Limited reported revenue of ₹2.65 Cr (down 53% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 53% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.65 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹98.11 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.4 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -37% | ||
| Net Profit Margin | -52.6% | ||
| 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 Laxmi Cycle Industries Private Limited, buy the company report.
Board of directors of Laxmi Cycle Industries Private Limited
Laxmi Cycle Industries has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishan Choudhary Kumar Also directs: Arihant Wheels & Cycles Private Limited | Director | 04 Mar 1992 | 34 Years 8 Months | Current |
| Bimal Kumar Chaudhary Also directs: Arihant Wheels & Cycles Private Limited | Director | 17 Feb 1992 | 34 Years 8 Months | Current |
| Anuradha Chaudhary | Director | 29 May 2012 | 14 Years 5 Months | Current |
Auditor
Laxmi Cycle Industries Private Limited is audited by ANOOP AGARWAL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANOOP AGARWAL & CO | FY 2017 | 001739C |
Shareholding
The shareholding of Laxmi Cycle Industries Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Laxmi Cycle Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jul 2002 | 90280124 | Uttar Pradesh Financial Corporation | ₹43 Lakh | Satisfied | |
| 09 Apr 2001 | 90279854 | U. P. F. C. | ₹35 Lakh | Satisfied | |
| 12 May 2000 | 80059410 | Upfc | ₹26 Lakh | Satisfied | |
| 16 Jun 1998 | 90279378 | U. P. F. C. | ₹31.3 Lakh | Satisfied | |
| 19 Jan 1998 | 90279297 | Union Bank of India | ₹3.15 Lakh | Satisfied |
To see the full charge records of Laxmi Cycle Industries Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Laxmi Cycle Industries Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Bhushan Power and Steel Limited | Disposed |
| High Court, UTTARPRADESH | Court case (STRE) | Filed against the company by The Commissioner Trade Tax U.P. Lucknow | Disposed |
To see the full case history of Laxmi Cycle Industries Private 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 Laxmi Cycle Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Laxmi Cycle Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Laxmi Cycle Industries Private Limited, buy the company report.
Recent activity
Laxmi Cycle Industries Private Limited has 9 board changes on record since 1992: 3 appointments and 6 cessations. The latest: Chetan Choudhary ceased to be Director on 13 Mar 2018.
19 earlier events are in the company report.
Frequently asked questions
Laxmi Cycle Industries is an active private limited company based in Gorakhpur, Uttar Pradesh, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 17 February 1992 (34+ years old) and is registered under CIN U34929UP1992PTC014070.
Laxmi Cycle Industries has 3 current directors:
- Krishan Choudhary Kumar - Director
- Bimal Kumar Chaudhary - Director
- Anuradha Chaudhary - Director
The latest financial statements of Laxmi Cycle Industries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 10 August 2017. Year-wise statements from 2015 are in the company report.
No. Laxmi Cycle Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Laxmi Cycle Industries is U34929UP1992PTC014070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Cycle Industries has 3 court cases on record: 3 filed against it. Most are in the high courts.
Laxmi Cycle Industries was incorporated on 17 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kanpur.
Chetan Choudhary ceased to be Director on 13 Mar 2018. Savitri Devi ceased to be Director on 14 Sep 2015. Chiranjilal Bansidhar Goyal ceased to be Director on 11 Jul 2015. Laxmi Cycle Industries has 9 board changes on record in total.
The registered office of Laxmi Cycle Industries is at A – 60 Avas Vikas Colony Suraj Kund, Gorakhpur, Uttar Pradesh, India – 273015.
Laxmi Cycle Industries operates in the automotive industry, in the auto parts and components segment.
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