MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-20-0002445
Lokwani Sales Private Limited - consumer electronics & durables in Gwalior, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹28.06 Cr
▼ 25% YoY
Net profit · FY 2024
₹46.65 Lakh
Net margin 1.7%
EBITDA · FY 2024
₹2.63 Cr
EBITDA margin 9.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹82.29 Lakh
Issued & subscribed
Open charges
₹24.67 Cr
Satisfied ₹31.17 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
34
Provident fund records
About Lokwani Sales Private Limited
Data last updated:
Lokwani Sales Private Limited is a private limited company based in Gwalior, Madhya Pradesh, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 31 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U52332MP2000PTC014149. Its GSTIN is 23AAACL6760B1ZY (Madhya Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹82.29 Lakh. It is led by directors Raj Kumar Lokwani and Chirag Lokwani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O M/S Lokplaza In Front Of Indian Overseas Bank Jinsi Nala No. 1 Lashkar, Gwalior, Madhya Pradesh, India – 474001.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.06 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹46.65 Lakh (net margin 1.7%) and EBITDA of ₹2.63 Cr (EBITDA margin 9.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fanzart Fans. As per MCA filings, the company has open charges of ₹24.67 Cr and satisfied charges of ₹31.17 Cr on record. Court records list 14 cases involving the company, including 11 filed by the company and 3 filed against it; 3 cases are pending.
Lokwani Sales Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-20-0002445). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lokplaza.com.
Company details
CIN U52332MP2000PTC014149
Registration Number 014149
Incorporation Date 31 March 2000
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-20-0002445
Recognitions & Rankings of Lokwani Sales
Contact details
Lokwani Sales Private Limited's registered office is in Gwalior, Madhya Pradesh. Its website is lokplaza.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O M/S Lokplaza In Front Of Indian Overseas Bank Jinsi Nala No. 1 Lashkar, Gwalior, Madhya Pradesh, India – 474001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution, Furniture Retail & Distribution
To see the full contact details of Lokwani Sales Private Limited, buy the company report.
Comprehensive company report
Lokwani Sales 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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Brands
Lokwani Sales operates one associated brand: Fanzart Fans. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Brand of fan | fanzartfans.com |
Business activity
The main business activity of Lokwani Sales is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Lokwani Sales Private Limited, buy the company report.
Financials of Lokwani Sales Private Limited
FY 2024 filings availableLokwani Sales Private Limited reported revenue of ₹28.06 Cr (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹28.06 Cr ▼ 25%
Net profit · FY 2024
₹46.65 Lakh margin 1.7%
EBITDA · FY 2024
₹2.63 Cr margin 9.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 5%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 8%
5 years · compounded
▲ 6%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 25% fall in the latest year. EBITDA rose 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46.65 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Lokwani Sales Private Limited, buy the company report.
Board of directors of Lokwani Sales Private Limited
Lokwani Sales has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Kumar Lokwani | Director | 31 Mar 2000 | 26 Years 6 Months | Current |
| Chirag Lokwani Also directs: Tuffwud Business LLP, Kashi Vishwanaath Wood Works LLP | Director | 01 Sep 2013 | 13 Years 1 Months | Current |
Peer comparison
Lokwani Sales Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Furniture Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vivono Designs Private Limited | ₹28.08 Cr (FY 2025) | -26.0% | Mumbai, Maharashtra, India | |||
| Aimer Airconditioning Private Limited | ₹28.07 Cr (FY 2025) | 261.0% | Delhi, India | |||
| Lokwani Sales Private Limitedthis company | ₹28.06 Cr (FY 2024) | ₹46.65 Lakh | 1.7% | -25.0% | 34 | Gwalior, Madhya Pradesh, India |
| Yamuna Solar Energy Private Limited | ₹28.04 Cr (FY 2025) | 28.0% | Jagadhri, Haryana, India | |||
| Noble Electrade Private Limited | ₹27.96 Cr (FY 2025) | 20.0% | Rajkot, Gujarat, India | |||
| Gupta Studio Private Limited | ₹27.93 Cr (FY 2025) | -9.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Lokwani Sales Private Limited, buy the company report.
Auditor
Lokwani Sales Private Limited is audited by A. VIJAYWARGIYA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. VIJAYWARGIYA & CO. | FY 2023 | 01639C |
Shareholding
The shareholding of Lokwani Sales Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lokwani Sales Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.67 Cr
Satisfied charges
₹31.17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2025 | 101194100 | Others | ₹9.1 Cr | Open | |
| 28 Aug 2024 | 100983295 | Sidbi | ₹26.4 Lakh | Open | |
| 04 Dec 2023 | 100874075 | Axis Bank Limited | ₹61 Lakh | Open | |
| 04 Dec 2023 | 100873052 | Axis Bank Limited | ₹12.95 Cr | Open | |
| 04 Dec 2023 | 100873048 | Axis Bank Limited | ₹1.37 Cr | Open |
To see the full charge records of Lokwani Sales Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Lokwani Sales Private Limited has 14 court cases on record: 11 filed by Lokwani Sales, 3 filed against it. 3 cases are pending and 11 are disposed.
Total cases
14
Filed by the company
11
Filed against the company
3
Pending
3
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 2 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Ms Maharaja Whiteline Industries (P) Ltd | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by M/S Maharaja Whiteline Industries Pvt Ltd | Disposed |
| District court, Gwalior, Madhya Pradesh | Court case (UN CR) | Filed by the company against M/S Sai Sales | Pending |
| District court, Gwalior, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Pending |
| District court, Gwalior, Madhya Pradesh | Court case (SC NIA) | Filed by the company against individuals | Pending |
To see the full case history of Lokwani Sales Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lokwani Sales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lokwani Sales Private Limited has a workforce of 34 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
34
Active EPFO establishments
1
Employee growth
-15%
GST
Lokwani Sales has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACL6760B1ZY | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lokwani Sales Private Limited, buy the company report.
Recent activity
Lokwani Sales Private Limited has 8 board changes on record since 2000: 2 appointments and 6 cessations. The latest: Akash Lokwani ceased to be Director on 08 Nov 2017.
Charges
A charge with Others amounted to Rs. 9.10 Cr with Charge ID 101194100 was registered on 24 Oct 2025.
AGM
Lokwani Sales Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 0.26 Cr with Charge ID 100983295 was registered on 28 Aug 2024.
Filing
Lokwani Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Axis Bank Limited of Rs. 0.61 Cr registered on 04 Dec 2023 with Charge ID 100874075 was modified on 21 Mar 2024.
Charges
A charge with Axis Bank Limited of Rs. 12.95 Cr registered on 04 Dec 2023 with Charge ID 100873052 was modified on 21 Mar 2024.
Charges
A charge with Axis Bank Limited of Rs. 1.37 Cr registered on 04 Dec 2023 with Charge ID 100873048 was modified on 21 Mar 2024.
Charges
A charge registered on 06 Jul 2022 via Charge ID 100595917 with Others was fully satisfied on 13 Feb 2024.
Charges
A charge registered on 06 Jul 2022 via Charge ID 100595960 with Others was fully satisfied on 13 Feb 2024.
Charges
A charge registered on 06 Jul 2022 via Charge ID 100595916 with Others was fully satisfied on 13 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.61 Cr with Charge ID 100874075 was registered on 04 Dec 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 12.95 Cr with Charge ID 100873052 was registered on 04 Dec 2023.
34 earlier events are in the company report.
News
Frequently asked questions
Lokwani Sales is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 31 March 2000 (26+ years old) and is registered under CIN U52332MP2000PTC014149.
Lokwani Sales has 2 current directors:
- Raj Kumar Lokwani - Director
- Chirag Lokwani - Director
The latest financial statements of Lokwani Sales on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lokwani Sales is 23AAACL6760B1ZY, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Lokwani Sales is U52332MP2000PTC014149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lokwani Sales has 14 court cases on record: 11 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Lokwani Sales was incorporated on 31 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Lokwani Sales by revenue are Vivono Designs Private Limited, Aimer Airconditioning Private Limited, Yamuna Solar Energy Private Limited, Noble Electrade Private Limited, Gupta Studio Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Furniture Retail and Distribution), with the same principal business activity (wholesale trading).
Akash Lokwani ceased to be Director on 08 Nov 2017. Pitamber Lokwani ceased to be Director on 16 Sep 2013. Chirag Lokwani was appointed as Director on 01 Sep 2013. Lokwani Sales has 8 board changes on record in total.
Yes, Lokwani Sales is registered as a small enterprise under Udyam registration (number: UDYAM-MP-20-0002445).
Lokwani Sales can be reached through the website lokplaza.com. Its registered office is in Gwalior, Madhya Pradesh, India.