About Laxvel Technologies Private Limited
Data last updated:
Laxvel Technologies Private Limited was a private limited company based in Madurai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer programming segment of the technology and IT services sector. It was incorporated on 27 March 2000.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2000PTC044532.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5.8 Lakh. It was led by directors Seshadhiri Lakshminarasimhan (Managing Director) and Seshadhiri Indra.
Its last annual general meeting (AGM) was held on 01 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Tamilnadu Motor Parts Dealers Association Building 65/5 III Floor Bye Pass Road Ram Nagar, Madurai, Tamil Nadu, India – 625010.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.51 Lakh. For the same year it recorded a net loss of ₹95,530 (net margin -38.1%) and EBITDA of -₹14,390 (EBITDA margin -5.7%).
The last known website on record is laxvel.com.
Company details
Contact details
Laxvel Technologies Private Limited's registered office is in Madurai, Tamil Nadu. Its website is laxvel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTamilnadu Motor Parts Dealers Association Building 65/5 III Floor Bye Pass Road Ram Nagar, Madurai, Tamil Nadu, India – 625010
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Laxvel Technologies Private Limited, 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
Financials of Laxvel Technologies Private Limited
FY 2020 filings availableLaxvel Technologies Private Limited reported revenue of ₹2.51 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.51 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹14,390 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹95,530 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -5.7% | ||
| Net Profit Margin | -38.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Laxvel Technologies Private Limited, buy the company report.
Board of directors of Laxvel Technologies Private Limited
Laxvel Technologies 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 |
|---|---|---|---|---|
| Seshadhiri Indra Also directs: Laxvel Systems Private Limited | Director | 10 Dec 2008 | 17 Years 10 Months | As last reported |
| Seshadhiri Lakshminarasimhan Also directs: Laxvel Systems Private Limited | Managing Director | 27 Mar 2000 | 26 Years 6 Months | As last reported |
Auditor
Laxvel Technologies Private Limited is audited by JEYASEELAN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JEYASEELAN & ASSOCIATES | FY 2017 | 011800S |
Shareholding
The shareholding of Laxvel Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Laxvel Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Laxvel Technologies 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 Laxvel Technologies Private Limited; 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 Laxvel Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Laxvel Technologies Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Seshadhiri Indra was appointed as Director on 10 Dec 2008.
Frequently asked questions
Laxvel Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Laxvel Technologies was a private limited company based in Madurai, Tamil Nadu, India. The company worked in computer programming, within the information technology industry. It was incorporated on 27 March 2000 and is registered under CIN U72200TN2000PTC044532. The company has been struck off by the Registrar of Companies and is no longer operational.
Laxvel Technologies had 2 directors:
- Seshadhiri Lakshminarasimhan - Managing Director
- Seshadhiri Indra - Director
The CIN (Corporate Identification Number) of Laxvel Technologies is U72200TN2000PTC044532. 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 Laxvel Technologies is at Tamilnadu Motor Parts Dealers Association Building 655 III Floor Bye Pass Road Ram Nagar, Madurai, Tamil Nadu, India – 625010.
Laxvel Technologies was incorporated on 27 March 2000. It is registered with the Registrar of Companies, Chennai.
Laxvel Technologies can be reached through the website laxvel.com. Its registered office is in Madurai, Tamil Nadu, India.
The latest financial statements of Laxvel Technologies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 01 October 2020. Year-wise statements from 2015 are in the company report.
Laxvel Technologies operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
Seshadhiri Indra was appointed as Director on 10 Dec 2008. Seshadhiri Lakshminarasimhan ceased to be Director on 10 Dec 2008. Lakshmanan Vellayan ceased to be Managing Director on 01 Dec 2008. Laxvel Technologies has 4 board changes on record in total.