About Laxmi Shuttleless Looms Private Limited
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Laxmi Shuttleless Looms Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 11 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29263GJ2003PTC043321. Its GSTIN is 24AAACL9508P1Z3 (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Divyang Anantrai Shanghvi and Hemang Manmohandas Shanghvi.
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 Sanghvi Estates Gst Roadkaligam Ranip, Ahmedabad, Gujarat, India – 382480.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.84 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹16.93 Lakh (net margin -2.5%) and EBITDA of ₹15.46 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 3% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.19 Cr and satisfied charges of ₹20 Lakh on record. Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website laxmilooms.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSanghvi Estates Gst Roadkaligam Ranip, Ahmedabad, Gujarat, India – 382480
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Laxmi Shuttleless Looms Private Limited
The main business activity of Laxmi Shuttleless Looms is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Laxmi Shuttleless Looms Private Limited FY 2025 filings available
Laxmi Shuttleless Looms Private Limited reported revenue of ₹6.84 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Laxmi Shuttleless Looms Private Limited
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 90% 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 of Laxmi Shuttleless Looms Private Limited
| 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 | ₹15.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.93 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 of Laxmi Shuttleless Looms Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Laxmi Shuttleless Looms are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Laxmi Shuttleless Looms Private Limited
Laxmi Shuttleless Looms has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divyang Anantrai Shanghvi | Director | 11 Dec 2003 | 22 Years 10 Months | Current |
| Hemang Manmohandas Shanghvi | Director | 11 Dec 2003 | 22 Years 10 Months | Current |
| Ketan Bhavanidas Sanghvi | Director | 11 Dec 2003 | 22 Years 10 Months | Current |
| Nimish Manmohandas Sanghvi Also directs: Mabs Enterprises LLP, Shanghvi Founders & Engineers Private Limited, Las Olas Ventures LLP and 1 more | Director | 11 Dec 2003 | 22 Years 10 Months | Current |
Peer Comparison of Laxmi Shuttleless Looms Private Limited
Laxmi Shuttleless Looms Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pranav Textile Engineers Private Limited | ₹6.91 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Pune, Maharashtra, India |
| Fatty Tuna India Private Limited | ₹6.9 Cr (FY 2021) | •••• | •••• | -21.0% | •••• | Phulgaon, Maharashtra, India |
| Acumac Machine Tools Private Limited | ₹6.9 Cr (FY 2024) | •••• | •••• | 84.0% | •••• | Bangalore, Karnataka, India |
| Calefaction Techno Private Limited | ₹6.87 Cr (FY 2025) | •••• | •••• | -78.0% | •••• | Morbi, Gujarat, India |
| Sam Machinery India Private Limited | ₹6.85 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
| Laxmi Shuttleless Looms Private Limited this company | ₹6.84 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Ahmedabad, Gujarat, India |
| Origin Smt Systems Private Limited | ₹6.84 Cr (FY 2019) | •••• | •••• | 32.0% | •••• | Gurgaon, Haryana, India |
| Omkar Dairy Equipments Private Limited | ₹6.83 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Pune, Maharashtra, India |
| Siddhant Equipments Private Limited | ₹6.83 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Pune, Maharashtra, India |
| Isc Machines Private Limited | ₹6.82 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| B&B Machines Private Limited | ₹6.82 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Laxmi Shuttleless Looms by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Laxmi Shuttleless Looms Private Limited
Laxmi Shuttleless Looms Private Limited is audited by TUSHAR R. SHAH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TUSHAR R. SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Laxmi Shuttleless Looms Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Laxmi Shuttleless Looms Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2020 | Bank of India | ₹19.45 Lakh | Open |
| 21 Oct 2011 | Bank of India | ₹3 Cr | Open |
| 11 Jun 2004 | Bank of India | ₹20 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Laxmi Shuttleless Looms Private Limited
Laxmi Shuttleless Looms Private Limited has 5 court cases on record: 5 filed by Laxmi Shuttleless Looms. All cases are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against Ludlow Jute & Specialities Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Ludlow Jute & Specialities Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Ludlow Jute & Specialities Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Ludlow Jute & Specialities Limited | Disposed |
| Supreme Court | Court case | Filed by the company against Ludlow Jute & Specialities Limited | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Laxmi Shuttleless Looms Private Limited
Laxmi Shuttleless Looms Private Limited has 6 MSME Form 1 returns on record between 2018 and 2022, listing 213 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Farmson Engineers | •••• | •••• | •••• |
| Electromatic Engineers Private Limited | •••• | •••• | •••• |
| Megha Roto-Tech Private Limited | •••• | •••• | •••• |
| Safe Sea Logistics Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Laxmi Shuttleless Looms Private Limited
Laxmi Shuttleless Looms Private Limited has a workforce of 31 employees as of May 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Laxmi Shuttleless Looms Private Limited
Laxmi Shuttleless Looms Private Limited has 4 board changes on record since 2003: 4 appointments. The latest: Divyang Anantrai Shanghvi was appointed as Director on 11 Dec 2003.
Credit Ratings, Litigation & Regulatory Alerts for Laxmi Shuttleless Looms Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Laxmi Shuttleless Looms Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Laxmi Shuttleless Looms Private Limited
Laxmi Shuttleless Looms has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACL9508P1Z3 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Laxmi Shuttleless Looms Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Laxmi Shuttleless Looms Private Limited
Laxmi Shuttleless Looms is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 11 December 2003 (23+ years old) and is registered under CIN U29263GJ2003PTC043321.
Laxmi Shuttleless Looms reported revenue of ₹6.84 Cr for FY 2025 (down 32% YoY).
Laxmi Shuttleless Looms has 4 current directors:
- Divyang Anantrai Shanghvi - Director
- Hemang Manmohandas Shanghvi - Director
- Ketan Bhavanidas Sanghvi - Director
- Nimish Manmohandas Sanghvi - Director
Laxmi Shuttleless Looms reported a net loss of ₹16.93 Lakh (net margin -2.5%) and EBITDA of ₹15.46 Lakh (EBITDA margin 2.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Laxmi Shuttleless Looms is -19% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Laxmi Shuttleless Looms is 24AAACL9508P1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Laxmi Shuttleless Looms is U29263GJ2003PTC043321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Shuttleless Looms has 5 court cases on record: 5 filed by the company. Most are in the district courts.
Laxmi Shuttleless Looms was incorporated on 11 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Laxmi Shuttleless Looms by revenue are Pranav Textile Engineers Private Limited, Fatty Tuna India Private Limited, Acumac Machine Tools Private Limited, Calefaction Techno Private Limited, Sam Machinery India Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Divyang Anantrai Shanghvi was appointed as Director on 11 Dec 2003. Hemang Manmohandas Shanghvi was appointed as Director on 11 Dec 2003. Ketan Bhavanidas Sanghvi was appointed as Director on 11 Dec 2003. Laxmi Shuttleless Looms has 4 board changes on record in total.
Laxmi Shuttleless Looms has 6 MSME Form 1 returns on record between 2018 and 2022, listing 213 overdue payments to 7 micro and small suppliers. The latest return was filed on 28 Apr 2022.