Laxmi Sarees Private Limited
About Laxmi Sarees Private Limited
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Laxmi Sarees Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 27 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17121KA2006PTC040794. Its GSTIN is 29AABCL2850P1Z1 (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.47 Cr. It is led by directors including Ashok Jain and Narendra Ful Jain.
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 No. 30 Jumma Mazid Road Avenue Road Cross, Bangalore, Karnataka, India – 560002.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.79 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹35,000 (net margin -0.1%) and EBITDA of ₹41.12 Lakh (EBITDA margin 6.1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Laxmi Sarees Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 30 Jumma Mazid Road Avenue Road Cross, Bangalore, Karnataka, India – 560002
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Laxmi Sarees 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 Sarees is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Laxmi Sarees Private Limited, buy the company report.
Financials of Laxmi Sarees Private Limited
FY 2025 filings availableLaxmi Sarees Private Limited reported revenue of ₹6.79 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 3% fall in the latest year. EBITDA fell 27% 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 |
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| EBITDA | ₹41.12 Lakh | ||||
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| Net Profit (PAT) | -₹35,000 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | -0.1% | ||||
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To see the full financial statements and ratios of Laxmi Sarees Private Limited, buy the company report.
Board of directors of Laxmi Sarees Private Limited
Laxmi Sarees has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Jain | Director | 27 Oct 2006 | 20 Years 0 Months | Current |
| Narendra Ful Jain | Director | 27 Oct 2006 | 20 Years 0 Months | Current |
| Sanjeev Kumar Jain | Director | 01 Apr 2007 | 19 Years 7 Months | Current |
Auditor
Laxmi Sarees Private Limited is audited by R. Singhvi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Singhvi & Associates | FY 2023 | 03870S |
Shareholding
The shareholding of Laxmi Sarees 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 Laxmi Sarees Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2007 | 10056202 | H D F C Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Laxmi Sarees Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Agra, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by Up State | Disposed |
To see the full case history of Laxmi Sarees 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 Sarees Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Laxmi Sarees has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCL2850P1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Laxmi Sarees Private Limited, buy the company report.
Recent activity
Laxmi Sarees Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Sanjeev Kumar Jain was appointed as Director on 01 Apr 2007.
Frequently asked questions
Laxmi Sarees is an active private limited company based in Bangalore, Karnataka, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 27 October 2006 (20+ years old) and is registered under CIN U17121KA2006PTC040794.
Laxmi Sarees has 3 current directors:
- Ashok Jain - Director
- Narendra Ful Jain - Director
- Sanjeev Kumar Jain - Director
The latest financial statements of Laxmi Sarees 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 Sarees is 29AABCL2850P1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Laxmi Sarees is U17121KA2006PTC040794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Sarees has 1 court case on record: 1 filed against it.
Laxmi Sarees was incorporated on 27 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Sanjeev Kumar Jain was appointed as Director on 01 Apr 2007. Ashok Jain was appointed as Director on 27 Oct 2006. Narendra Ful Jain was appointed as Director on 27 Oct 2006.
The registered office of Laxmi Sarees is at No. 30 Jumma Mazid Road Avenue Road Cross, Bangalore, Karnataka, India – 560002.
Laxmi Sarees operates in the fashion and textile industry, in the fashion retail segment.
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