- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0054632

About Laxmi Stainalloys Private Limited
Data last updated:
Laxmi Stainalloys Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 23 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28112MH2013PTC249534. Its GSTIN is 27AACCL5775A1ZL (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Nitin Mangilal Mehta and Mangilal Bachharaj Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 1 Shreepati Castle Annex No 2 10th Khetwadi Lane, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹137.05 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Cr (net margin 1.2%) and EBITDA of ₹4.53 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 14% over five years.
The company is associated with 1 brand: Laxmi Stainalloys. As per MCA filings, the company has open charges of ₹3.25 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 2 cases are pending.
Laxmi Stainalloys Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0054632). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lsi-scrap.com.
Company details
Recognitions & Rankings of Laxmi Stainalloys
Contact details
Laxmi Stainalloys Private Limited's registered office is in Mumbai, Maharashtra. Its website is lsi-scrap.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No. 1 Shreepati Castle Annex No 2 10th Khetwadi Lane, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Laxmi Stainalloys 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
Brands
Laxmi Stainalloys operates one associated brand: Laxmi Stainalloys. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplying of stainless steel and allied products since 1972. | lsi-scrap.com |
Business activity
The main business activity of Laxmi Stainalloys is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Laxmi Stainalloys Private Limited, buy the company report.
Financials of Laxmi Stainalloys Private Limited
FY 2024 filings availableLaxmi Stainalloys Private Limited reported revenue of ₹137.05 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 12% growth in the latest year. EBITDA fell 4% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.53 Cr | ||||
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| Net Profit (PAT) | ₹1.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Laxmi Stainalloys Private Limited, buy the company report.
Board of directors of Laxmi Stainalloys Private Limited
Laxmi Stainalloys has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Mangilal Mehta | Director | 23 Oct 2013 | 13 Years 0 Months | Current |
| Mangilal Bachharaj Mehta | Director | 23 Oct 2013 | 13 Years 0 Months | Current |
Peer comparison
Laxmi Stainalloys Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| LMS Trading & Logistics Private Limited | ₹137.75 Cr (FY 2019) | -67.0% | Kolkata, West Bengal, India | |||
| Viraj Procon Private Limited | ₹137.17 Cr (FY 2025) | -9.0% | Rajkot, Gujarat, India | |||
| Laxmi Stainalloys Private Limitedthis company | ₹137.05 Cr (FY 2024) | ₹1.62 Cr | 1.2% | 12.0% | Mumbai, Maharashtra, India | |
| Star Chem Poly Trade Private Limited | ₹136.15 Cr (FY 2025) | 30.0% | Ring Road, Surat 395003, Gujarat, India | |||
| SBC Minerals Private Limited | ₹135.88 Cr (FY 2025) | -60.0% | New Delhi, Delhi, India | |||
| Colossus Trade Links Limited. | ₹135.76 Cr (FY 2025) | 16.0% | Delhi, India | |||
| Jai Tripati Steels Private Limited | ₹135.6 Cr (FY 2025) | -47.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Laxmi Stainalloys Private Limited, buy the company report.
Auditor
Laxmi Stainalloys Private Limited is audited by RHK and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RHK and Associates | FY 2023 | 130296W |
Shareholding
The shareholding of Laxmi Stainalloys 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 Stainalloys Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2014 | 10543584 | Yes Bank Limited | ₹3.25 Cr | Open |
To see the full charge records of Laxmi Stainalloys Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Laxmi Stainalloys Private Limited has 6 court cases on record: 6 filed by Laxmi Stainalloys. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed by the company against M/S VI Energ Resources Pvt. Ltd. and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against M/S Vertex Engi Mech Pvt Ltd. and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against M/S Space Alloys Pvt. Ltd. and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed by the company against Rudra Industries | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against M/S Vinsel Industrial Suppliers and 1 other | Pending |
To see the full case history of Laxmi Stainalloys 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 Stainalloys Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Laxmi Stainalloys has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCL5775A1ZL | Maharashtra | Active | 01 Jul 2017 |
| 27AACCL5775A1DU | Maharashtra | Active | 16 Dec 2024 |
To see the full GST registrations and return filing status of Laxmi Stainalloys Private Limited, buy the company report.
Recent activity
Laxmi Stainalloys Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Mangilal Bachharaj Mehta was appointed as Director on 23 Oct 2013.
Frequently asked questions
Laxmi Stainalloys is an active private limited company based in Mumbai, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 23 October 2013 (13+ years old) and is registered under CIN U28112MH2013PTC249534.
Laxmi Stainalloys has 2 current directors:
- Nitin Mangilal Mehta - Director
- Mangilal Bachharaj Mehta - Director
The latest financial statements of Laxmi Stainalloys on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Laxmi Stainalloys is 27AACCL5775A1ZL, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCL5775A1DU (Maharashtra).
The CIN (Corporate Identification Number) of Laxmi Stainalloys is U28112MH2013PTC249534. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Stainalloys has 6 court cases on record: 6 filed by the company. 2 are pending.
Laxmi Stainalloys was incorporated on 23 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Laxmi Stainalloys by revenue are LMS Trading & Logistics Private Limited, Viraj Procon Private Limited, Star Chem Poly Trade Private Limited, SBC Minerals Private Limited, Colossus Trade Links Limited. and 1 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Mangilal Bachharaj Mehta was appointed as Director on 23 Oct 2013. Nitin Mangilal Mehta was appointed as Director on 23 Oct 2013.
Yes, Laxmi Stainalloys is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0054632).
Laxmi Stainalloys can be reached through the website lsi-scrap.com. Its registered office is in Mumbai, Maharashtra, India.

