About Laxmiroop Private Limited
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Laxmiroop Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27205CT2018PTC008775. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.41 Cr. It is led by directors Santosh Kumar Wadhwani and Harsh Wadhwani.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 535 – C Urla Industrial Area Urla, Raipur, Chhattisgarh, India – 492003.
As per the financials filed for FY 2023, the company reported a revenue of ₹655.87 Cr, a growth of 90% compared to the previous year. For the same year it recorded a net profit of ₹5.24 Cr (net margin 0.8%) and EBITDA of ₹20.14 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹158.3 Cr and satisfied charges of ₹68.5 Cr on record. Court records list 15 cases involving the company, including 1 filed by the company and 12 filed against it; 10 cases are pending. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in April 2022. Its 10 peer companies in the Metals and Minerals industry (Steel) are compared by revenue, 5 larger and 5 smaller; the largest is Goa Sponge and Power Limited with revenue of ₹669.54 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website banjarapipes.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address535 – C Urla Industrial Area Urla, Raipur, Chhattisgarh, India – 492003
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Laxmiroop Private Limited
The main business activities of Laxmiroop are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Laxmiroop Private Limited FY 2023 filings available
Laxmiroop Private Limited reported revenue of ₹655.87 Cr (up 90% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Laxmiroop Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 90% growth in the latest year. EBITDA rose 72% 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 of Laxmiroop Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹655.87 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹20.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.24 Cr | •••• | •••• | •••• | •••• |
| 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 of Laxmiroop Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Laxmiroop are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Laxmiroop Private Limited
Laxmiroop Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goa Sponge and Power Limited | ₹669.54 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Delhi, India |
| Panem Industries Private Limited | ₹668.69 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Fatehpur, Uttar Pradesh, India |
| Raigarh Ispat and Power Private Limited | ₹665.99 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Raigarh, Chhattisgarh, India |
| Kuber Steel Industries Private Limited | ₹663.28 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Jalna, Maharashtra, India |
| Bhavya Stainless Private Limited | ₹656.48 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Laxmiroop Private Limited this company | ₹655.87 Cr (FY 2023) | •••• | •••• | 90.0% | •••• | Raipur, Chhattisgarh, India |
| Visa Special Steel Limited | ₹655.82 Cr (FY 2025) | •••• | •••• | 171.0% | •••• | Kolkata, West Bengal, India |
| Hi-Tech Power and Steel Limited | ₹654.46 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Raipur, Chhattisgarh, India |
| Sundaram Steels Private Limited | ₹654.45 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Varanasi, Uttar Pradesh, India |
| Aarth Ispat Private Limited | ₹654.06 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Faridabad, Haryana, India |
| Nirman TMT Steel Private Limited | ₹651.51 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Laxmiroop by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Laxmiroop Private Limited
Laxmiroop Private Limited is audited by MRCA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MRCA & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Laxmiroop Private Limited
Laxmiroop has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Wadhwani | Director | 20 Sep 2018 | 8 Years 0 Months | Current |
| Harsh Wadhwani | Director | 12 Oct 2024 | 1 Years 11 Months | Current |
Ownership and Shareholding of Laxmiroop Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Laxmiroop Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 2024 | Others | ₹3 Cr | Open |
| 22 Sep 2023 | Others | ₹61.13 Cr | Open |
| 14 Jul 2023 | Hdfc Bank Limited | ₹16.77 Lakh | Open |
| 26 Apr 2023 | Others | ₹23 Cr | Open |
| 17 Dec 2021 | Axis Bank Limited | ₹36 Cr | Open |
Total charge records: 9 View all charges
Deals & Funding of Laxmiroop Private Limited
Laxmiroop Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in April 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Rights issue | ₹11.08 Cr | Investors: Roopchand Wadhwani Huf, Deepak Wadhwani Huf, 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2019 | Rights issue | ₹12.49 Cr | Investors: 4 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Laxmiroop Private Limited
Laxmiroop Private Limited has 15 court cases on record: 1 filed by Laxmiroop, 12 filed against it, 2 where it is another party. 10 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 6 |
| High courts | 3 | 0 | 2 |
| NCLAT | 2 | 2 | 2 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Unity Small Finance Bank Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Unity Small Finance Bank Limited | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by Eastern Bearings Private Limited. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by The Bank of Maharashtra Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Unity Small Finance Bank Limited | Pending |
Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Laxmiroop Private Limited
Laxmiroop Private Limited has a workforce of 41 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Laxmiroop Private Limited
Laxmiroop Private Limited has 8 board changes on record since 2018: 2 appointments and 6 cessations. The latest: Nitin Wadhwani ceased to be Director on 15 Oct 2024.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Laxmiroop Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Laxmiroop Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- 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 Laxmiroop Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Laxmiroop Private Limited
Laxmiroop has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Laxmiroop Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Laxmiroop Private Limited
Laxmiroop is an active private limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U27205CT2018PTC008775.
Laxmiroop reported revenue of ₹655.87 Cr for FY 2023 (up 90% YoY).
Laxmiroop has 2 current directors:
- Santosh Kumar Wadhwani - Director
- Harsh Wadhwani - Director
Laxmiroop reported a net profit of ₹5.24 Cr (net margin 0.8%) and EBITDA of ₹20.14 Cr (EBITDA margin 3.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Laxmiroop is 33% over three years. In the latest year (FY 2023) revenue rose 90%. CAGR is the steady yearly rate that links the first and the last year.
No. Laxmiroop has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Laxmiroop is U27205CT2018PTC008775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmiroop has 15 court cases on record: 1 filed by the company and 12 filed against it. 10 are pending. Most are in the district courts.
Laxmiroop was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Laxmiroop has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in April 2022.
The peers of Laxmiroop by revenue are Goa Sponge and Power Limited, Panem Industries Private Limited, Raigarh Ispat and Power Private Limited, Kuber Steel Industries Private Limited, Bhavya Stainless Private Limited and 5 more, all in the Metals and Minerals industry (Steel).