Laxminarayan Finance Pvt Ltd
About Laxminarayan Finance Pvt Ltd
Data last updated:
Laxminarayan Finance Pvt Ltd was a private limited company based in Pune, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 19 February 1982.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U65993PN1982PTC026385.
The company had an authorised share capital of ₹24.2 Lakh and a paid-up capital of ₹2.26 Lakh. It was led by directors Rohit Kishor Rathi and Kishor Laxminarayan Rathi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at C/O. Sharad Shah & Co. 1184 – 4 Bl.No.18 F.C. Road Gokul Nagar, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2020, the company reported a revenue of ₹93.48 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26.06 Lakh (net margin 27.9%) and EBITDA of ₹27.4 Lakh (EBITDA margin 29.3%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 8% over five years.
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Company details
CIN history
Laxminarayan Finance has one previous CIN (Corporate Identification Number): U65993MH1982PTC026385. The current CIN is U65993PN1982PTC026385, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65993PN1982PTC026385 | Current |
| U65993MH1982PTC026385 | Previous |
Contact details
Laxminarayan Finance Pvt Ltd's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O. Sharad Shah & Co. 1184 – 4 Bl.No.18 F.C. Road Gokul Nagar, Pune, Maharashtra, India – 411005
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Laxminarayan Finance Pvt Ltd, 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 Laxminarayan Finance is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Laxminarayan Finance Pvt Ltd, buy the company report.
Financials of Laxminarayan Finance Pvt Ltd
FY 2020 filings availableLaxminarayan Finance Pvt Ltd reported revenue of ₹93.48 Lakh (up 382% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 382% growth in the latest year. EBITDA rose 66% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹93.48 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.06 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.3% | ||||
| Net Profit Margin | 27.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Laxminarayan Finance Pvt Ltd, buy the company report.
Board of directors of Laxminarayan Finance Pvt Ltd
Laxminarayan Finance has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Kishor Rathi Also directs: Rhodenium Private Limited, Z F Steering Gear (India) Limited | Director | 30 Sep 1997 | 29 Years 1 Months | As last reported |
| Kishor Laxminarayan Rathi Also directs: Rhodenium Private Limited | Director | 30 Sep 1997 | 29 Years 1 Months | As last reported |
Auditor
Laxminarayan Finance Pvt Ltd is audited by A H JOSHI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A H JOSHI & CO | FY 2019 | 112396W |
Shareholding
The shareholding of Laxminarayan Finance Pvt Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Laxminarayan Finance Pvt Ltd, buy the company report.
Legal cases
Laxminarayan Finance Pvt Ltd has 4 court cases on record: 1 filed by Laxminarayan Finance, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by LJR Finance Pvt.Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by LJR Finance Pvt. Ltd. | Disposed |
| Bombay High Court | Appeal | Filed by the company against LJR Finance Pvt.Ltd.And Laxminarayan Finace Pvt. Ltd. and 1 other | Disposed |
| Bombay High Court | Company petition | Filed against the company by Laxminarayan Finacne Pvt. Ltd. | Disposed |
To see the full case history of Laxminarayan Finance Pvt Ltd, 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 Laxminarayan Finance Pvt Ltd; 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 Laxminarayan Finance Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Laxminarayan Finance Pvt Ltd has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Aruna Kishor Rathi ceased to be Director on 16 Aug 2019.
Frequently asked questions
Laxminarayan Finance has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Laxminarayan Finance was a private limited company based in Pune, Maharashtra, India. The company worked in nbfc, within the financial services industry. It was incorporated on 19 February 1982 and is registered under CIN U65993PN1982PTC026385. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Laxminarayan Finance was incorporated on 19 February 1982. It is registered with the Registrar of Companies, Pune.
Laxminarayan Finance had 2 directors:
- Rohit Kishor Rathi - Director
- Kishor Laxminarayan Rathi - Director
The CIN (Corporate Identification Number) of Laxminarayan Finance is U65993PN1982PTC026385. 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 Laxminarayan Finance is at CO. Sharad Shah & Co. 1184 – 4 Bl.No.18 F.C. Road Gokul Nagar, Pune, Maharashtra, India – 411005.
The latest financial statements of Laxminarayan Finance on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
Laxminarayan Finance operated in the financial services industry, in the nbfc segment.
Laxminarayan Finance has 4 court cases on record: 1 filed by the company and 3 filed against it.
Aruna Kishor Rathi ceased to be Director on 16 Aug 2019. Deepika Rohit Rathi ceased to be Director on 16 Aug 2019. Kishor Laxminarayan Rathi was appointed as Director on 30 Sep 1997. Laxminarayan Finance has 4 board changes on record in total.
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