Laxmi Infra Developers Limited
About Laxmi Infra Developers Limited
Data last updated:
Laxmi Infra Developers Limited is a public limited company based in Surat, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1989PLC012793. Its GSTIN is 24AABCA9744K1ZH (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.27 Cr. It was formerly known as Abhishek Estate Limited. It is led by directors including Vasantbhai Haribhai Gajera and Chunibhai Haribhai Gajera.
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. H – 1 Housing Zone G.I.D.C Sachin, Surat, Gujarat, India – 394230.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.12 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹80.57 Lakh (net margin 25.8%) and EBITDA of ₹1.13 Cr (EBITDA margin 36.2%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 22% over five years.
As per MCA filings, the company has satisfied charges of ₹46 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Laxmi Infra Developers has one previous CIN (Corporate Identification Number): U45201GJ1989PTC012793. The current CIN is U45201GJ1989PLC012793, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201GJ1989PLC012793 | Current |
| U45201GJ1989PTC012793 | Previous |
Contact details
Laxmi Infra Developers Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. H – 1 Housing Zone G.I.D.C Sachin, Surat, Gujarat, India – 394230
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Laxmi Infra Developers 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 Infra Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Laxmi Infra Developers Limited, buy the company report.
Financials of Laxmi Infra Developers Limited
FY 2025 filings availableLaxmi Infra Developers Limited reported revenue of ₹3.12 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 18% fall in the latest year. EBITDA rose 31% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80.57 Lakh | ||||
| 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 | 36.2% | ||||
| Net Profit Margin | 25.8% | ||||
| 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 Infra Developers Limited, buy the company report.
Board of directors of Laxmi Infra Developers Limited
Laxmi Infra Developers has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasantbhai Haribhai Gajera Also directs: Laxmi Diamond Enterprise LLP, Lax Infra Buildcon LLP, Balmukund Diamonds Private Limited and 5 more | Director | 05 Jan 2007 | 19 Years 9 Months | Current |
| Chunibhai Haribhai Gajera Also directs: Laxmi Diamond Enterprise LLP, Lax Infra Buildcon LLP, Balmukund Diamonds Private Limited and 5 more | Director | 07 May 2007 | 19 Years 5 Months | Current |
| Vrushal Vasantbhai Gajera Also directs: Laxmi Shops and Warehouses Limited, Vatsalyadham Foundation, Nuovo Tech Services LLP and 5 more | Director | 14 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Laxmi Infra Developers Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gunatitay Infrastructure Private Limited | ₹3.12 Cr (FY 2024) | -67.0% | Ahmedabad, Gujarat, India | |||
| Abhyoday Buildcon Private Limited | ₹3.12 Cr (FY 2025) | 55.0% | Swarup Nagar, Uttar Pradesh, India | |||
| Laxmi Infra Developers Limitedthis company | ₹3.12 Cr (FY 2025) | ₹80.57 Lakh | 25.8% | -18.0% | Surat, Gujarat, India | |
| Skywalk Infrastructure Private Limited | ₹3.12 Cr (FY 2025) | Patna, Bihar, India | ||||
| Pinnacle Neostar Corporation Private Limited | ₹3.12 Cr (FY 2025) | -50.0% | Pune, Maharashtra, India |
To see the full peer comparison of Laxmi Infra Developers Limited, buy the company report.
Auditor
Laxmi Infra Developers Limited is audited by B. T. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. T. SHAH & CO. | FY 2023 | 136868W |
Shareholding
The shareholding of Laxmi Infra Developers Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laxmi Infra Developers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2000 | 80046487 | The Diamond Jubilee Co-Operative Bank Ltd. | ₹46 Cr | Satisfied |
To see the full charge records of Laxmi Infra Developers Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Laxmi Infra Developers Limited has 9 court cases on record: 6 filed by Laxmi Infra Developers, 3 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 3 |
| District courts | 3 | 3 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Gitanjali Infratech Limited and 2 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Municipal Corporation of Greater Mumbai, Thorugh Its Municipal Commissioner and 1 other | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Gujarat Industrial Development Corporation | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (PMLA SPL CASE) | Filed against the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (PMLA MA) | Filed against the company | Disposed |
To see the full case history of Laxmi Infra Developers 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
Laxmi Infra Developers Limited has 4 MSME Form 1 returns on record between 2020 and 2022, listing 112 overdue payments to 42 micro and small suppliers. 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 (5 of 42)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Om Enterprise | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Laxmi Infra Developers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Laxmi Infra Developers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA9744K1ZH | Gujarat | Active | 01 Jul 2017 |
| 27AABCA9744K1ZB | Maharashtra | Active | 06 Mar 2019 |
To see the full GST registrations and return filing status of Laxmi Infra Developers Limited, buy the company report.
Recent activity
Laxmi Infra Developers Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Rakesh Girdharlal Gajera ceased to be Additional Director on 29 Sep 2018.
5 earlier events are in the company report.
Frequently asked questions
Laxmi Infra Developers is an active public limited company based in Surat, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 September 1989 (37+ years old) and is registered under CIN U45201GJ1989PLC012793.
Laxmi Infra Developers has 3 current directors:
- Vasantbhai Haribhai Gajera - Director
- Chunibhai Haribhai Gajera - Director
- Vrushal Vasantbhai Gajera - Director
The latest financial statements of Laxmi Infra Developers 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 Laxmi Infra Developers is 24AABCA9744K1ZH, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCA9744K1ZB (Maharashtra).
The CIN (Corporate Identification Number) of Laxmi Infra Developers is U45201GJ1989PLC012793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Infra Developers has 9 court cases on record: 6 filed by the company and 3 filed against it. 4 are pending. Most are in the high courts.
Laxmi Infra Developers was incorporated on 27 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Laxmi Infra Developers by revenue are Gunatitay Infrastructure Private Limited, Abhyoday Buildcon Private Limited, Skywalk Infrastructure Private Limited, Pinnacle Neostar Corporation Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Rakesh Girdharlal Gajera ceased to be Additional Director on 29 Sep 2018. Vrushal Vasantbhai Gajera ceased to be Additional Director on 28 Sep 2016. Ashokkumar Haribhai Gajera ceased to be Director on 14 Sep 2016. Laxmi Infra Developers has 11 board changes on record in total.
Laxmi Infra Developers has 4 MSME Form 1 returns on record between 2020 and 2022, listing 112 overdue payments to 42 micro and small suppliers. The latest return was filed on 02 May 2022.
The registered office of Laxmi Infra Developers is at Plot No. H – 1 Housing Zone G.I.D.C Sachin, Surat, Gujarat, India – 394230.
Laxmi Infra Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
