MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-32-0000045
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Laxminarayan Spinners (I) Private Limited - manufacturing in Solapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹93.87 Cr
▼ 7% YoY
Net profit · FY 2025
₹1.64 Cr
Net margin 1.8%
EBITDA · FY 2025
₹5.2 Cr
EBITDA margin 5.5%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹9.42 Cr
Issued & subscribed
Open charges
₹51.75 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
83
Provident fund records
About Laxminarayan Spinners (I) Private Limited
Data last updated:
Laxminarayan Spinners (I) Private Limited is a private limited company based in Solapur, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17120PN2015PTC153634. Its GSTIN is 27AACCL7943E1ZF (Maharashtra).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹9.42 Cr. It is led by directors including Omprakash Damodhar Somani and Vasantkumar Ghanshyamdas Somani.
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 744 West Mangalwar Peth, Solapur, Maharashtra, India – 413002.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.87 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.64 Cr (net margin 1.8%) and EBITDA of ₹5.2 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹51.75 Cr on record. The company has 15 deals on record (8 funding rounds, 7 rights issues), with disclosed funding of ₹20.79 Cr; the latest was in June 2024. Its 5 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 3 smaller; the largest is Sree Iswarya Textiles Private Limited with revenue of ₹94.19 Cr.
Laxminarayan Spinners (I) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-32-0000045). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website laxminarayanspinners.com.
Company details
CIN U17120PN2015PTC153634
Registration Number 153634
Incorporation Date 08 January 2015
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-32-0000045
Key People
Omprakash Damodhar Somani Director Vasantkumar Ghanshyamdas Somani Director Govind Shrinarayan Somani Director Recognitions & Rankings of Laxminarayan Spinners (I)
Contact details
Laxminarayan Spinners (I) Private Limited's registered office is in Solapur, Maharashtra. Its website is laxminarayanspinners.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address744 West Mangalwar Peth, Solapur, Maharashtra, India – 413002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Laxminarayan Spinners (I) Private Limited, buy the company report.
Comprehensive company report
Laxminarayan Spinners (I) Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Laxminarayan Spinners (I) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Laxminarayan Spinners (I) Private Limited, buy the company report.
Financials of Laxminarayan Spinners (I) Private Limited
FY 2025 filings availableLaxminarayan Spinners (I) Private Limited reported revenue of ₹93.87 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹93.87 Cr ▼ 7%
Net profit · FY 2025
₹1.64 Cr margin 1.8%
EBITDA · FY 2025
₹5.2 Cr margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 4%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 26%
5 years · compounded
▼ 2%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 2% 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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| Total Expenses | |||||
| EBITDA | ₹5.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.64 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Laxminarayan Spinners (I) Private Limited, buy the company report.
Board of directors of Laxminarayan Spinners (I) Private Limited
Laxminarayan Spinners (I) has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Omprakash Damodhar Somani | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
| Vasantkumar Ghanshyamdas Somani | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
| Govind Shrinarayan Somani | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
| Shamsundar Ramkisan Bihani Also directs: Saikrupa Super Market Private Limited | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
Peer comparison
Laxminarayan Spinners (I) Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sree Iswarya Textiles Private Limited | ₹94.19 Cr (FY 2024) | -15.0% | Rajapalayam Tk, Kamarajar Dt, Tamil Nadu, India | |||
| Dicitex Furnishings Private Limited | ₹94.15 Cr (FY 2023) | -12.0% | Mumbai, Maharashtra, India | |||
| Laxminarayan Spinners (I) Private Limitedthis company | ₹93.87 Cr (FY 2025) | ₹1.64 Cr | 1.8% | -7.0% | 83 | Solapur, Maharashtra, India |
| Laxminarayan Fiber Private Limited | ₹93.79 Cr (FY 2025) | -46.0% | Mantha, Maharashtra, India | |||
| Sumathi Spinning Mills Private Limited | ₹93.76 Cr (FY 2025) | 10.0% | Coimbatore, Tamil Nadu, India | |||
| Bhagwati Cotton and Spinning Mills Private Limited | ₹93.71 Cr (FY 2025) | 14.0% | Punjab, India |
To see the full peer comparison of Laxminarayan Spinners (I) Private Limited, buy the company report.
Auditor
Laxminarayan Spinners (I) Private Limited is audited by S G Bhutada & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G Bhutada & Associates | FY 2023 | 101479W |
Shareholding
The shareholding of Laxminarayan Spinners (I) 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laxminarayan Spinners (I) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹51.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2022 | 100579457 | Others | ₹3.85 Cr | Open | |
| 10 Aug 2021 | 100470408 | Others | ₹5 Cr | Open | |
| 23 Jan 2017 | 100104073 | Others | ₹9.54 Lakh | Open | |
| 05 Nov 2016 | 100067567 | Others | ₹42.8 Cr | Open |
Total charge records: 4 View all charges
Deals & funding
Laxminarayan Spinners (I) Private Limited has 15 deals on record (8 funding rounds, 7 rights issues), with disclosed funding of ₹20.79 Cr; the latest was in June 2024.
Total deals
15
Funding rounds
8
Rights issues
7
Disclosed funding
₹20.79 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Funding round | ₹2.19 Cr | Investors: Sarda Omprakash Ramkisan Huf, 3 individuals |
| Apr 2024 | Funding round | ₹10.94 Cr | Investors: 4 individuals |
| Jun 2017 | Rights issue | ₹2 Lakh | Investors: 2 individuals |
| Aug 2016 | Rights issue | ₹7 Lakh | Investors: Sarda Omprakash Rankisan Huf, 3 individuals |
| May 2016 | Rights issue | ₹9 Lakh | Investors: 4 individuals |
To see the full deal history of Laxminarayan Spinners (I) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Laxminarayan Spinners (I) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Laxminarayan Spinners (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Laxminarayan Spinners (I) Private Limited has a workforce of 83 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
83
Active EPFO establishments
1
Employee growth
22.06%
GST
Laxminarayan Spinners (I) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCL7943E1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Laxminarayan Spinners (I) Private Limited, buy the company report.
Recent activity
Laxminarayan Spinners (I) Private Limited has 5 board changes on record since 2015: 4 appointments and 1 cessation. The latest: Rajkumar Bankatlal Bhattad ceased to be Director on 01 Nov 2019.
AGM
Laxminarayan Spinners (I) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Laxminarayan Spinners (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 3.85 Cr with Charge ID 100579457 was registered on 22 Apr 2022.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100470408 was registered on 10 Aug 2021.
Ceased
Rajkumar Bankatlal Bhattad ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100104073 was registered on 23 Jan 2017.
Charges
A charge with Others amounted to Rs. 42.80 Cr with Charge ID 100067567 was registered on 05 Nov 2016.
Appointed
Govind Shrinarayan Somani was appointed as Director.
Appointed
Omprakash Damodhar Somani was appointed as Director.
Appointed
Shamsundar Ramkisan Bihani was appointed as Director.
Appointed
Vasantkumar Ghanshyamdas Somani was appointed as Director.
Incorporation
08 Jan 2015
Laxminarayan Spinners (I) Private Limited was registered on 08 Jan 2015 with Roc Pune & aged 11 years 9 months as per MCA records.
Frequently asked questions
Laxminarayan Spinners (I) is an active private limited company based in Solapur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 January 2015 (11+ years old) and is registered under CIN U17120PN2015PTC153634.
Laxminarayan Spinners (I) has 4 current directors:
- Omprakash Damodhar Somani - Director
- Vasantkumar Ghanshyamdas Somani - Director
- Govind Shrinarayan Somani - Director
- Shamsundar Ramkisan Bihani - Director
The latest financial statements of Laxminarayan Spinners (I) 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 Laxminarayan Spinners (I) is 27AACCL7943E1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Laxminarayan Spinners (I) is U17120PN2015PTC153634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxminarayan Spinners (I) was incorporated on 08 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Laxminarayan Spinners (I) has 15 deals on record (8 funding rounds, 7 rights issues), with disclosed funding of ₹20.79 Cr; the latest was in June 2024.
The peers of Laxminarayan Spinners (I) by revenue are Sree Iswarya Textiles Private Limited, Dicitex Furnishings Private Limited, Laxminarayan Fiber Private Limited, Sumathi Spinning Mills Private Limited, Bhagwati Cotton and Spinning Mills Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Rajkumar Bankatlal Bhattad ceased to be Director on 01 Nov 2019. Govind Shrinarayan Somani was appointed as Director on 08 Jan 2015. Omprakash Damodhar Somani was appointed as Director on 08 Jan 2015. Laxminarayan Spinners (I) has 5 board changes on record in total.
Yes, Laxminarayan Spinners (I) is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-32-0000045).
Laxminarayan Spinners (I) can be reached through the website laxminarayanspinners.com. Its registered office is in Solapur, Maharashtra, India.