Laxmi Fastners Limited - machinery and equipment in Chandigarh, India. FY 2026 financials & compliance.
CIN U28991CH1995PLC016381 Incorporated 09 May 1995 ROC Chandigarh HQ Chandigarh, India
Active Public Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹3.22 Cr
▲ 7% YoY
Net loss · FY 2024
₹1.53 Cr
Net margin -47.4%
EBITDA · FY 2024
-₹1.26 Cr
EBITDA margin -39.2%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹2.95 Cr
Issued & subscribed
Satisfied charges
₹3.27 Cr
No open charges
Company age
31 yrs
Est. 1995
Employees · EPFO
10
Provident fund records

About Laxmi Fastners Limited

Data last updated:

Laxmi Fastners Limited is a public limited company based in Chandigarh, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 09 May 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U28991CH1995PLC016381. Its GSTIN is 03AAACL3991L1ZC (Punjab). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.95 Cr. It is led by directors including Ram Kumar Singh Sengar and Sunil Lathar.

Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Cabin No. 4 301 A Block 3rd Floor, Elante Offices Industrial Area Phase I, Chandigarh, India – 160002.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.22 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.53 Cr (net margin -47.4%) and EBITDA of -₹1.26 Cr (EBITDA margin -39.2%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 26% over five years.

The company has about 10 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹3.27 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.

Laxmi Fastners Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0010486). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website laxmifasteners.com.

Company details

CIN U28991CH1995PLC016381
Registration Number 016381
Incorporation Date 09 May 1995
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-20-0010486

CIN history

Laxmi Fastners has one previous CIN (Corporate Identification Number): L28991CH1995PLC016381. The current CIN is U28991CH1995PLC016381, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U28991CH1995PLC016381Current
L28991CH1995PLC016381Previous

Recognitions & Rankings of Laxmi Fastners

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-PB-20-0010486

Contact details

Laxmi Fastners Limited's registered office is in Chandigarh, Chandigarh. Its website is laxmifasteners.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Cabin No. 4 301 A Block 3rd Floor, Elante Offices Industrial Area Phase I, Chandigarh, India – 160002
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Laxmi Fastners Limited, buy the company report.

Comprehensive company report
Laxmi Fastners Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Business activity

The main business activity of Laxmi Fastners is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Laxmi Fastners Limited, buy the company report.

Financials of Laxmi Fastners Limited

FY 2024 filings available

Laxmi Fastners Limited reported revenue of ₹3.22 Cr (up 7% YoY) for FY 2024.

Revenue · FY 2024
₹3.22 Cr ▲ 7%
Net loss · FY 2024
₹1.53 Cr margin -47.4%
EBITDA · FY 2024
-₹1.26 Cr margin -39.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 26%
5 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▼ 458%
3 years · compounded
▼ 78%
5 years · compounded
▼ 36%

Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA fell 458% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.26 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.53 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-39.2%
Net Profit Margin-47.4%
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 Fastners Limited, buy the company report.

Board of directors of Laxmi Fastners Limited

Laxmi Fastners has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ram Kumar Singh SengarDirector14 Nov 20187 Years 11 MonthsCurrent
Sunil LatharDirector03 May 20188 Years 5 MonthsCurrent
Anil KumarDirector03 May 20188 Years 5 MonthsCurrent

Auditor

Laxmi Fastners Limited is audited by Paramvir & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Paramvir & AssociatesFY 2023012479N

Shareholding

The shareholding of Laxmi Fastners Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Laxmi Fastners Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹3.27 Cr
Breakdown by lending institutions
Others₹3.27 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Jan 200590329105Others₹3.27 CrSatisfied

To see the full charge records of Laxmi Fastners Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Laxmi Fastners Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Laxmi Fastners Limited has a workforce of 10 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.

Employee count
10
Active EPFO establishments
1
Employee growth
-23.08%

GST

Laxmi Fastners has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
03AAACL3991L1ZCPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Laxmi Fastners Limited, buy the company report.

Recent activity

Laxmi Fastners Limited has 12 board changes on record since 2017: 3 appointments and 9 cessations. The latest: Gurmail Singh ceased to be Director on 31 May 2023.

AGM
Laxmi Fastners Limited last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records.
Filing
Laxmi Fastners Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Ceased
Gurmail Singh ceased to be Director.
Charges
A charge registered on 25 Jan 2005 via Charge ID 90329105 with Others was fully satisfied on 18 May 2023.
Ceased
Ravinder Kumar ceased to be Director.
Ceased
Ram Kumar Singh Sengar ceased to be Additional Director.
Ceased
Inder Kumar ceased to be Director.
Ceased
Ravinder Kumar ceased to be Director.
Ceased
Anil Kumar ceased to be Director.
Appointed
Ram Kumar Singh Sengar was appointed as Director.
Ceased
Sunil Lathar ceased to be Director.
Appointed
Anil Kumar was appointed as Director.

6 earlier events are in the company report.

Frequently asked questions

Laxmi Fastners is an active public limited company based in Chandigarh, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 09 May 1995 (31+ years old) and is registered under CIN U28991CH1995PLC016381.

Laxmi Fastners has 3 current directors:

The latest financial statements of Laxmi Fastners on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Laxmi Fastners is 03AAACL3991L1ZC, registered in Punjab. 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 Laxmi Fastners is U28991CH1995PLC016381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Laxmi Fastners has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.

Laxmi Fastners was incorporated on 09 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.

Gurmail Singh ceased to be Director on 31 May 2023. Ravinder Kumar ceased to be Director on 16 Feb 2021. Ram Kumar Singh Sengar ceased to be Additional Director on 05 Mar 2019. Laxmi Fastners has 12 board changes on record in total.

Yes, Laxmi Fastners is registered as a small enterprise under Udyam registration (number: UDYAM-PB-20-0010486).

Laxmi Fastners can be reached through the website laxmifasteners.com. Its registered office is in Chandigarh, India.