About Laxmipati Engineering Works Limited
Data last updated: 14 July 2026
Laxmipati Engineering Works Limited is a public limited company based in Surat, Gujarat, India. It specialises in shipbuilding and repair services, a part of the broader transport and logistics sector. Incorporated on 07 February 2012, the company has been in operation for over 14 years.
Registered with ROC Ahmedabad under CIN L35111GJ2012PLC068922. Listed on BSE: 537669.
Capital: an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.75 Cr. Formerly known as Si. Vi. Shipping Corporation Private Limited and Si. Vi. Shipping Corporation Limited. It is led by directors including Sanjaykumar Govindprasad Sarawagi and Manoj Govindprasad Sarawagi.
Last AGM: 17 July 2025. Financial statements filed for year ended 31 March 2025. Office: 25 Central Park, Surat, Gujarat.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹71.99 Cr, a growth of 43.72% compared to the previous year. The net worth stands at ₹35.61 Cr (up 315.39% YoY). Total assets are valued at ₹64.71 Cr (up 8.66% YoY).
The company has a workforce of approximately 152 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹42.7 Cr and satisfied charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sivishipping.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social MediaLocked
-
Registered AddressOffice Block First Floor Pl. No.237/2 & 3 Sub Pl.No.A/25 Central Park Soc. G.I.D.C, Pandesara, Surat, Gujarat, India – 394221
-
IndustryTransport and Logistics, Shipbuilding & Repair Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited has undergone 4 name changes throughout its history. The current legal name is Laxmipati Engineering Works Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Laxmipati Engineering Works Limited | Current |
| Si. Vi. Shipping Corporation Private Limited | Previous |
| Si. Vi. Shipping Corporation Limited | Previous |
| Siddhi Vinayak Shipping Corporation Limited | Previous |
| L. P. Naval And Engineering Limited | Previous |
CIN History of Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L35111GJ2012PLC068922, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L35111GJ2012PLC068922 | Current |
| U35111GJ2012PTC068922 | Previous |
| U35111GJ2012PLC068922 | Previous |
Business Activity of Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited is engaged in the principal business activity of manufacturing, with detailed activities including repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
Business activity turnover details for Laxmipati Engineering Works Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited is audited by RPR & Co. (ICAI peer reviewed, certificate valid till 2028-12-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| RPR & Co. (ICAI peer reviewed, certificate valid till 2028-12-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited is currently managed by 6 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Laxmipati Engineering Works Limited FY 2026 filings available
Laxmipati Engineering Works Limited reported revenue of ₹71.99 Cr (up 43.72% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹71.99 Cr | ₹50.09 Cr | ₹40.25 Cr | ₹15.2 Cr | ₹27.98 Cr | ₹18.75 Cr | ₹20.85 Cr | ₹11.3 Cr |
| Other Income | ₹38.86 Lakh | ₹5.12 Lakh | ₹6.85 Lakh | ₹6.26 Lakh | ₹4.32 Lakh | ₹46,800 | ₹2.16 Lakh | ₹27,900 |
| Total Income | ₹72.38 Cr | ₹50.14 Cr | - | - | - | - | - | - |
| Cost of Materials Consumed | ₹29.36 Cr | ₹23.33 Cr | ₹20.22 Cr | ₹7.65 Cr | ₹4.42 Cr | ₹5.34 Cr | ₹1.86 Cr | ₹1.49 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹2.22 Cr | -₹3.57 Cr | -₹1.7 Cr | -₹4.97 Cr | ₹84.63 Lakh | -₹2.64 Cr | -₹37.54 Lakh | -₹12.05 Lakh |
| Employee Benefit Expense | ₹16.02 Cr | ₹12.84 Cr | ₹10.17 Cr | ₹9.45 Cr | ₹15.06 Cr | ₹15.51 Cr | ₹14.24 Cr | ₹7.21 Cr |
| Finance Costs | ₹2.46 Cr | ₹4.23 Cr | ₹3.85 Cr | ₹3.09 Cr | ₹2.82 Cr | ₹1.61 Cr | ₹77.59 Lakh | ₹44.66 Lakh |
| Other Expenses | ₹11.81 Cr | ₹7.42 Cr | ₹5.63 Cr | ₹3.38 Cr | ₹3.48 Cr | ₹5.18 Cr | ₹1.88 Cr | ₹72.15 Lakh |
| Total Expenses | ₹63.27 Cr | ₹45.48 Cr | ₹39.34 Cr | ₹19.7 Cr | ₹27.54 Cr | ₹25.45 Cr | ₹18.78 Cr | ₹10.06 Cr |
| Profit Before Tax | ₹32.79 Cr | ₹4.67 Cr | ₹98.03 Lakh | -₹4.44 Cr | ₹48.01 Lakh | -₹6.77 Cr | ₹2.09 Cr | ₹1.24 Cr |
| Total Tax Expense | ₹5.75 Cr | -₹1.83 Cr | ₹20.51 Lakh | ₹28.64 Lakh | ₹25.42 Lakh | -₹10.08 Lakh | ₹39.37 Lakh | ₹23.05 Lakh |
| Net Profit | ₹27.04 Cr | ₹6.5 Cr | ₹77.52 Lakh | -₹4.73 Cr | ₹22.59 Lakh | -₹6.67 Cr | ₹1.7 Cr | ₹1.01 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹64.71 Cr | ₹59.55 Cr | ₹46.17 Cr | ₹43.68 Cr | ₹40.4 Cr | ₹35.63 Cr | ₹27.9 Cr | ₹24.66 Cr |
| Non-current Assets | ₹30.81 Cr | ₹35.33 Cr | ₹32.27 Cr | ₹32.22 Cr | ₹32.2 Cr | ₹24.42 Cr | ₹19.12 Cr | ₹16.97 Cr |
| Current Assets | ₹33.9 Cr | ₹24.22 Cr | ₹13.9 Cr | ₹11.46 Cr | ₹8.19 Cr | ₹11.21 Cr | ₹8.77 Cr | ₹7.69 Cr |
| Property, Plant & Equipment | ₹23.27 Cr | ₹31.51 Cr | - | - | - | - | - | - |
| Inventories | ₹17.83 Cr | ₹13.17 Cr | ₹9.59 Cr | ₹7.89 Cr | ₹2.93 Cr | ₹3.77 Cr | ₹1.13 Cr | ₹75.82 Lakh |
| Cash & Equivalents | ₹1.88 Lakh | ₹3.82 Lakh | ₹5.57 Lakh | ₹2.58 Lakh | ₹17.85 Lakh | ₹5.11 Lakh | ₹4.99 Lakh | ₹3.01 Lakh |
| Equity (Net Worth) | ₹35.61 Cr | ₹8.57 Cr | - | - | - | - | - | - |
| Current Liabilities | ₹19.01 Cr | ₹10.42 Cr | ₹8.01 Cr | ₹8.25 Cr | ₹4.1 Cr | ₹4.48 Cr | ₹2.49 Cr | ₹1.68 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹5.2 Cr | ₹2.38 Cr | ₹3.02 Cr | -₹3.38 Cr | ₹4.92 Cr |
| Investing Cash Flow | ₹25.72 Cr | -₹3.16 Cr | -₹1.57 Cr | -₹63.34 Lakh | -₹8.56 Cr |
| Financing Cash Flow | -₹30.94 Cr | ₹77.14 Lakh | -₹1.42 Cr | ₹3.86 Cr | ₹3.37 Cr |
| Capital Expenditure | ₹11.12 Cr | ₹2.5 Cr | - | - | - |
| Free Cash Flow (computed) | -₹5.92 Cr | -₹12.31 Lakh | - | - | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.94 Lakh | -₹1.75 Lakh | ₹2.99 Lakh | -₹15.27 Lakh | -₹26.8 Lakh |
Shareholding Pattern of Laxmipati Engineering Works Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 73.45%, retail and other public shareholders hold 26.55% of Laxmipati Engineering Works Limited. The company had 168 shareholders on record.
| Mar 2026 | Sep 2025 | Mar 2025 | Sep 2024 | Mar 2024 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Promoters | 73.45% | 73.45% | 73.45% | 72.46% | 72.46% | 72.46% |
| Public | 26.55% | 26.55% | 26.55% | 27.54% | 27.54% | 27.54% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|---|
| Promoters | 73.45% | 73.45% | 72.46% | 72.46% | 72.46% | 72.46% |
| Public | 26.55% | 26.55% | 27.54% | 27.54% | 27.54% | 27.54% |
| Promoter change (YoY, %pts) | +0.00 | +0.99 | +0.00 | +0.00 | +0.00 | - |
Charges & Borrowings of Laxmipati Engineering Works Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2021 | Hdfc Bank Limited | ₹42.7 Cr | Open |
| 08 Feb 2013 | Union Bank of India | ₹30 Lakh | Satisfied |
| 08 Feb 2013 | Union Bank of India | ₹70 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited has a workforce of 152 employees as of Apr 03, 2024.
Employee and EPFO history for Laxmipati Engineering Works Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Laxmipati Engineering Works Limited
GST registrations and filing compliance for Laxmipati Engineering Works Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Laxmipati Engineering Works Limited
Credit ratings, litigation, and regulatory alerts for Laxmipati Engineering Works Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Laxmipati Engineering Works Limited
MSME payment history for Laxmipati Engineering Works Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Laxmipati Engineering Works Limited
Corporate group structure for Laxmipati Engineering Works Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Laxmipati Engineering Works Limited
MCA filings and documents for Laxmipati Engineering Works Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Laxmipati Engineering Works Limited
Frequently Asked Questions about Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited is an active public limited company in the transport and logistics sector based in Surat, Gujarat, India. It was incorporated on 07 February 2012 (14+ years old) and is registered under CIN L35111GJ2012PLC068922. Listed on BSE: 537669. The company has 152 employees.
Laxmipati Engineering Works Limited reported revenue of ₹71.99 Cr for FY 2026 (up 43.72% YoY) based on standalone BSE filings.
The current directors of Laxmipati Engineering Works Limited are:
- Sanjaykumar Govindprasad Sarawagi - Director
- Manoj Govindprasad Sarawagi - Director
- Rakesh Govindprasad Sarawagi - Director
- Sheetal Ashok Tayal - Director
- Amitkumar Vijaykumarji Khemani - Director
- Ashok Keshavdev Varshney - Director
The primary industry of Laxmipati Engineering Works Limited is transport and logistics. The company specifically operates in shipbuilding and repair services. The company is currently active in this sector.
Yes. Laxmipati Engineering Works Limited is listed on BSE with code 537669.
Laxmipati Engineering Works Limited can be reached at the registered office: Office Block First Floor Pl. No.2372 & 3 Sub Pl.No.A25 Central Park Soc. G.I.D.C, Pandesara, Surat, Gujarat, India – 394221, or through the website sivishipping.com.