About Laxmipati Foundation
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Laxmipati Foundation is a private not for profit company based in Surat, Gujarat, India, a subsidiary of Siddhi Vinayak Knots & Prints Private Limited. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 10 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85300GJ2021NPL123216.
It is led by directors including Manojkumar G Sarawagi and Sanjaykumar Govindprasad Sarawagi.
Its last annual general meeting (AGM) was held on 18 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No A – 26 Central Park GIDC Pandesara, Surat, Gujarat, India – 394221.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.37 Cr, a growth of 130% compared to the previous year. For the same year it recorded a net loss of ₹3.94 Lakh (net margin -1.2%) and EBITDA of -₹3.94 Lakh (EBITDA margin -1.2%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years.
The company is associated with 1 brand: Laxmipati Sarees.
For more details, the company can be reached via its website laxmipati.com.
Company details
Contact details
Laxmipati Foundation's registered office is in Surat, Gujarat. Its website is laxmipati.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No A – 26 Central Park GIDC Pandesara, Surat, Gujarat, India – 394221
- IndustryNon-Profit Organizations, Social Work
To see the full contact details of Laxmipati Foundation, 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
Laxmipati Foundation operates one associated brand: Laxmipati Sarees. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer selling sarees, kurtis, and ethnic wear through e-commerce platform. | laxmipati.com |
Business activity
The main business activity of Laxmipati Foundation is public services by government agencies. In detail, this covers regulation of healthcare, education, cultural and other social services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| O | Public Services by Government agencies | O2 | Regulation of healthcare, education, cultural and other social services |
Financials of Laxmipati Foundation
FY 2025 filings availableLaxmipati Foundation reported revenue of ₹3.37 Cr (up 130% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over three years, including 130% growth in the latest year. EBITDA fell 97% 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 |
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| EBITDA | -₹3.94 Lakh | |||
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| Net Profit (PAT) | -₹3.94 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1.2% | |||
| Net Profit Margin | -1.2% | |||
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To see the full financial statements and ratios of Laxmipati Foundation, buy the company report.
Board of directors of Laxmipati Foundation
Laxmipati Foundation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manojkumar G Sarawagi Also directs: Laxmipati Engineering Works Limited, S.V. Plantations Private Limited, Wintex Mills Private Limited and 5 more | Director | 10 Jun 2021 | 5 Years 4 Months | Current |
| Sanjaykumar Govindprasad Sarawagi Also directs: Laxmipati Engineering Works Limited, Wintex Mills Private Limited, Laxmipati Apparel Private Limited and 5 more | Director | 10 Jun 2021 | 5 Years 4 Months | Current |
| Rakeshkumar Govindprasad Sarawagi Also directs: Laxmipati Engineering Works Limited, S.V. Plantations Private Limited, Wintex Mills Private Limited and 5 more | Director | 10 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Laxmipati Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (regulation of healthcare, education, cultural and other social services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tumakuru Smart City Limited | ₹4.01 Cr (FY 2024) | -12.0% | Tumkur, Karnataka, India | |||
| Iicare Foundation | ₹3.84 Cr (FY 2024) | 14585.0% | Navi Mumbai, Maharashtra, India | |||
| Karnataka Vishwakarma Communities Development Corporation Limited | ₹3.76 Cr (FY 2022) | 3.0% | Bangalore, Karnataka, India | |||
| Edcreate Social Foundation | ₹3.7 Cr (FY 2024) | 59.0% | Bangalore, Karnataka, India | |||
| Kutumbakam Narmada Vasudhaiva Foundation | ₹3.54 Cr (FY 2025) | 49.0% | Sanawad, Madhya Pradesh, India | |||
| Laxmipati Foundationthis company | ₹3.37 Cr (FY 2025) | -₹3.94 Lakh | -1.2% | 130.0% | Surat, Gujarat, India | |
| Al-Shifa Ayush Health Care Center Private Limited | ₹3.33 Cr (FY 2025) | 14.0% | Kadayanallur, Tamil Nadu, India | |||
| Jeevankripa Healthcare Private Limited | ₹3.3 Cr (FY 2025) | 136.0% | Meerut, Uttar Pradesh, India | |||
| PW Foundation | ₹3.22 Cr (FY 2025) | 140.0% | Dadri, Uttar Pradesh, India | |||
| Iora Lifecare Private Limited | ₹3.19 Cr (FY 2025) | -56.0% | Pune, Maharashtra, India | |||
| Angel Xpress Foundation | ₹3.07 Cr (FY 2024) | 42.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Laxmipati Foundation, buy the company report.
Auditor
Laxmipati Foundation is audited by R KEJRIWAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R KEJRIWAL & CO | FY 2022 | 133558W |
Shareholding
The shareholding of Laxmipati Foundation is on record for FY 2022, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public |
To see the full shareholding pattern of Laxmipati Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Laxmipati Foundation 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 Laxmipati Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Laxmipati Foundation has 1 active EPFO establishment as of Apr 01, 2024.
GST
No GST registration is on our record for Laxmipati Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Laxmipati Foundation has 3 board changes on record since 2021: 3 appointments. The latest: Manojkumar G Sarawagi was appointed as Director on 10 Jun 2021.
Frequently asked questions
Laxmipati Foundation is an active private not for profit company based in Surat, Gujarat, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 10 June 2021 (5+ years old) and is registered under CIN U85300GJ2021NPL123216.
Laxmipati Foundation has 3 current directors:
- Manojkumar G Sarawagi - Director
- Sanjaykumar Govindprasad Sarawagi - Director
- Rakeshkumar Govindprasad Sarawagi - Director
The latest financial statements of Laxmipati Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 August 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Laxmipati Foundation is U85300GJ2021NPL123216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmipati Foundation was incorporated on 10 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Laxmipati Foundation by revenue are Tumakuru Smart City Limited, Iicare Foundation, Karnataka Vishwakarma Communities Development Corporation Limited, Edcreate Social Foundation, Kutumbakam Narmada Vasudhaiva Foundation and 5 more, all in the same principal business activity (regulation of healthcare, education, cultural and other social services).
Manojkumar G Sarawagi was appointed as Director on 10 Jun 2021. Rakeshkumar Govindprasad Sarawagi was appointed as Director on 10 Jun 2021. Sanjaykumar Govindprasad Sarawagi was appointed as Director on 10 Jun 2021.
Laxmipati Foundation can be reached through the website laxmipati.com. Its registered office is in Surat, Gujarat, India.
The registered office of Laxmipati Foundation is at Plot No A – 26 Central Park GIDC Pandesara, Surat, Gujarat, India – 394221.
Laxmipati Foundation operates in the non-profit organizations industry, in the social work segment.
Laxmipati Foundation has 1 associated brand: Laxmipati Sarees.