About Laxmiroop Private Limited
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Laxmiroop Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27205CT2018PTC008775. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.41 Cr. It is led by directors Santosh Kumar Wadhwani and Harsh Wadhwani.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 535 – C Urla Industrial Area Urla, Raipur, Chhattisgarh, India – 492003.
As per the financials filed for FY 2023, the company reported a revenue of ₹655.87 Cr, a growth of 90% compared to the previous year. For the same year it recorded a net profit of ₹5.24 Cr (net margin 0.8%) and EBITDA of ₹20.14 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹158.3 Cr and satisfied charges of ₹68.5 Cr on record. Court records list 15 cases involving the company, including 1 filed by the company and 14 filed against it; 10 cases are pending. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in April 2022. Its 8 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Goa Sponge and Power Limited with revenue of ₹669.54 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website banjarapipes.com.
Company details
Contact details
Laxmiroop Private Limited's registered office is in Raipur, Chhattisgarh. Its website is banjarapipes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address535 – C Urla Industrial Area Urla, Raipur, Chhattisgarh, India – 492003
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Laxmiroop 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 activities of Laxmiroop are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Laxmiroop Private Limited, buy the company report.
Financials of Laxmiroop Private Limited
FY 2023 filings availableLaxmiroop Private Limited reported revenue of ₹655.87 Cr (up 90% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 90% growth in the latest year. EBITDA rose 72% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹655.87 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹20.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.24 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Laxmiroop Private Limited, buy the company report.
Board of directors of Laxmiroop Private Limited
Laxmiroop has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Wadhwani | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Harsh Wadhwani | Director | 12 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Laxmiroop Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goa Sponge and Power Limited | ₹669.54 Cr (FY 2025) | 4.0% | Delhi, India | |||
| Panem Industries Private Limited | ₹668.69 Cr (FY 2025) | 8.0% | Fatehpur, Uttar Pradesh, India | |||
| Raigarh Ispat and Power Private Limited | ₹665.99 Cr (FY 2024) | -8.0% | Raigarh, Chhattisgarh, India | |||
| Bhavya Stainless Private Limited | ₹656.48 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Laxmiroop Private Limitedthis company | ₹655.87 Cr (FY 2023) | ₹5.24 Cr | 0.8% | 90.0% | 41 | Raipur, Chhattisgarh, India |
| Visa Special Steel Limited | ₹655.82 Cr (FY 2025) | 171.0% | Kolkata, West Bengal, India | |||
| Hi-Tech Power and Steel Limited | ₹654.46 Cr (FY 2025) | 0.0% | Raipur, Chhattisgarh, India | |||
| Sundaram Steels Private Limited | ₹654.45 Cr (FY 2025) | -9.0% | Varanasi, Uttar Pradesh, India | |||
| Nirman TMT Steel Private Limited | ₹651.51 Cr (FY 2025) | -2.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Laxmiroop Private Limited, buy the company report.
Auditor
Laxmiroop Private Limited is audited by MRCA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MRCA & Associates | FY 2023 | 012690C |
Shareholding
The shareholding of Laxmiroop Private 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laxmiroop Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2024 | 100952192 | Others | ₹3 Cr | Open | |
| 22 Sep 2023 | 100798825 | Others | ₹61.13 Cr | Open | |
| 14 Jul 2023 | 100781667 | Hdfc Bank Limited | ₹16.77 Lakh | Open | |
| 26 Apr 2023 | 100709819 | Others | ₹23 Cr | Open | |
| 17 Dec 2021 | 100521712 | Axis Bank Limited | ₹36 Cr | Open |
To see the full charge records of Laxmiroop Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Laxmiroop Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in April 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Rights issue | ₹11.08 Cr | Investors: Roopchand Wadhwani Huf, Deepak Wadhwani Huf, 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2019 | Rights issue | ₹12.49 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Laxmiroop Private Limited has 15 court cases on record: 1 filed by Laxmiroop, 14 filed against it. 10 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 6 |
| High courts | 3 | 2 | 2 |
| NCLAT | 2 | 2 | 2 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by M/S. Unity Small Finance Bank Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by M/S. Unity Small Finance Bank Limited | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by Eastern Bearings Pvt Ltd | Pending |
| High Court of Chhattisgarh | Writ petition | Filed against the company by Union Bank of India | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Unity Small Finance Bank Limited Thruogh Ashok Kumar Manda | Pending |
To see the full case history of Laxmiroop 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 Laxmiroop Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Laxmiroop Private Limited has a workforce of 41 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Laxmiroop has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Laxmiroop Private Limited, buy the company report.
Recent activity
Laxmiroop Private Limited has 8 board changes on record since 2018: 2 appointments and 6 cessations. The latest: Nitin Wadhwani ceased to be Director on 15 Oct 2024.
16 earlier events are in the company report.
Frequently asked questions
Laxmiroop is an active private limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U27205CT2018PTC008775.
Laxmiroop has 2 current directors:
- Santosh Kumar Wadhwani - Director
- Harsh Wadhwani - Director
The latest financial statements of Laxmiroop on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
No. Laxmiroop has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Laxmiroop is U27205CT2018PTC008775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmiroop has 15 court cases on record: 1 filed by the company and 14 filed against it. 10 are pending. Most are in the district courts.
Laxmiroop was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Laxmiroop has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in April 2022.
The peers of Laxmiroop by revenue are Goa Sponge and Power Limited, Panem Industries Private Limited, Raigarh Ispat and Power Private Limited, Bhavya Stainless Private Limited, Visa Special Steel Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Nitin Wadhwani ceased to be Director on 15 Oct 2024. Harsh Wadhwani was appointed as Director on 12 Oct 2024. Deepak Wadhwani ceased to be Director on 01 Jul 2024. Laxmiroop has 8 board changes on record in total.
Laxmiroop can be reached through the website banjarapipes.com. Its registered office is in Raipur, Chhattisgarh, India.