Laxmi Texturising Industries Private Limited
About Laxmi Texturising Industries Private Limited
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Laxmi Texturising Industries Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 05 August 1978.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1978PTC020558.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.4 Lakh. It was led by directors Haresh Maneklal Shah and Shailesh Maneklal Shah.
Its last annual general meeting (AGM) was held on 30 June 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.13 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.88 Lakh (net margin -93.9%) and EBITDA of -₹3.55 Lakh (EBITDA margin -85.9%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 17% over five years.
As per MCA filings, the company had satisfied charges of ₹85.6 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company.
Company details
Contact details
Laxmi Texturising Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address402 4th Floor A Wing Raja Shreepal Nagar, Laxmibai Jagmohandas Marg Malabar Hill, Mumbai, Maharashtra, India – 400006
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Laxmi Texturising Industries 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
Financials of Laxmi Texturising Industries Private Limited
FY 2023 filings availableLaxmi Texturising Industries Private Limited reported revenue of ₹4.13 Lakh (up 3217% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years. EBITDA fell 20% 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 |
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| Total Expenses | |||||
| EBITDA | -₹3.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.88 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | -85.9% | ||||
| Net Profit Margin | -93.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Laxmi Texturising Industries Private Limited, buy the company report.
Board of directors of Laxmi Texturising Industries Private Limited
Laxmi Texturising Industries has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haresh Maneklal Shah | Director | 23 Dec 1981 | 44 Years 10 Months | As last reported |
| Shailesh Maneklal Shah | Director | 23 Sep 1980 | 46 Years 1 Months | As last reported |
Peer comparison
Laxmi Texturising Industries Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GLP Investment Private Limited | ₹4.16 Lakh (FY 2025) | -39.0% | Bengaluru, Karnataka, India | |||
| Vax Housing Finance Corporation Limited | ₹4.14 Lakh (FY 2022) | -10.0% | Ahmedabad, Gujarat, India | |||
| Nimit Securities Private Limited | ₹4.13 Lakh (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| BSH Consultancy Private Limited | ₹4.13 Lakh (FY 2025) | -80.0% | Mumbai, Maharashtra, India | |||
| KCC Buildtech Private Limited | ₹4.13 Lakh (FY 2025) | 103.0% | New Delhi, Delhi, India | |||
| Laxmi Texturising Industries Private Limitedthis company | ₹4.13 Lakh (FY 2023) | -₹3.88 Lakh | -93.9% | 3217.0% | Mumbai, Maharashtra, India | |
| Neogold Marketing Private Limited | ₹4.13 Lakh (FY 2024) | -15.0% | Kolkata, West Bengal, India | |||
| Suman Promotions Private Limited | ₹4.12 Lakh (FY 2025) | -82.0% | New Delhi, Delhi, India | |||
| Single Window Securities Limited | ₹4.12 Lakh (FY 2025) | -66.0% | Coimbatore, Tamil Nadu, India | |||
| Keshoram Foods Private Limited | ₹4.11 Lakh (FY 2024) | 583.0% | Delhi, India | |||
| Sunborne Co Pvt Ltd | ₹4.11 Lakh (FY 2025) | 45.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Laxmi Texturising Industries Private Limited, buy the company report.
Auditor
Laxmi Texturising Industries Private Limited is audited by PATHAK H D & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATHAK H D & ASSOCIATES | FY 2021 | 107783W |
Shareholding
The shareholding of Laxmi Texturising Industries Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laxmi Texturising Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 1992 | 90217620 | Dena Bank | ₹45 Lakh | Satisfied | |
| 09 Aug 1982 | 90216807 | Dena Bank | ₹8 Lakh | Satisfied | |
| 14 Dec 1981 | 90216771 | Gujarat Industrail Investment Corporation Limited | ₹32.6 Lakh | Satisfied |
To see the full charge records of Laxmi Texturising Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Laxmi Texturising Industries Private Limited has 3 court cases on record: 3 filed by Laxmi Texturising Industries. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed by the company | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (9999-Other) | Filed by the company against The Trustees of Bombay Port Trust . | Disposed |
To see the full case history of Laxmi Texturising Industries 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 Texturising Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Laxmi Texturising Industries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Laxmi Texturising Industries Private Limited has 2 board changes on record since 1980: 2 appointments. The latest: Haresh Maneklal Shah was appointed as Director on 23 Dec 1981.
1 earlier event is in the company report.
Frequently asked questions
Laxmi Texturising Industries has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Laxmi Texturising Industries was a private limited company based in Mumbai, Maharashtra, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 05 August 1978 and is registered under CIN U17110MH1978PTC020558. The company has been struck off by the Registrar of Companies and is no longer operational.
Laxmi Texturising Industries had 2 directors:
- Haresh Maneklal Shah - Director
- Shailesh Maneklal Shah - Director
The CIN (Corporate Identification Number) of Laxmi Texturising Industries is U17110MH1978PTC020558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Laxmi Texturising Industries is at 402 4th Floor A Wing Raja Shreepal Nagar, Laxmibai Jagmohandas Marg Malabar Hill, Mumbai, Maharashtra, India – 400006.
Laxmi Texturising Industries was incorporated on 05 August 1978. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Laxmi Texturising Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 June 2023. Year-wise statements from 2015 are in the company report.
Laxmi Texturising Industries operated in the financial services industry, in the brokerage and trading services segment. It worked in this industry before it was struck off.
The peers of Laxmi Texturising Industries by revenue are GLP Investment Private Limited, Vax Housing Finance Corporation Limited, Nimit Securities Private Limited, BSH Consultancy Private Limited, KCC Buildtech Private Limited and 5 more, all in the BFSI industry (Broking Services).
Laxmi Texturising Industries has 3 court cases on record: 3 filed by the company. Most are in the high courts.
Haresh Maneklal Shah was appointed as Director on 23 Dec 1981. Shailesh Maneklal Shah was appointed as Director on 23 Sep 1980.
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