Laxmi Builders and Developers Private Limited
About Laxmi Builders and Developers Private Limited
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Laxmi Builders and Developers Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45202OR1997PTC004941. Its GSTIN is 21AABCL7215J1ZS (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.41 Cr. It is led by directors including Harilal Patel and Purusottam Patel.
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 Plot No – 225 Cuttack Road Laxmi Sagar Square, Bhubaneswar, Odisha, India – 751006.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹22.81 Lakh (net margin 3.4%) and EBITDA of ₹30.85 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 665% over three years and 207% over five years.
As per MCA filings, the company has open charges of ₹31.1 Cr on record. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Laxmi Builders and Developers Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 225 Cuttack Road Laxmi Sagar Square, Bhubaneswar, Odisha, India – 751006
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Laxmi Builders and Developers 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 Laxmi Builders and Developers Private Limited
FY 2024 filings availableLaxmi Builders and Developers Private Limited reported revenue of ₹6.81 Cr (up 34676% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 207% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹30.85 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹22.81 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Laxmi Builders and Developers Private Limited, buy the company report.
Board of directors of Laxmi Builders and Developers Private Limited
Laxmi Builders and Developers has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harilal Patel | Director | 13 May 1997 | 29 Years 5 Months | Current |
| Purusottam Patel Also directs: Laxmi Assets Private Limited, LV Builders Private Limited | Director | 13 May 1997 | 29 Years 5 Months | Current |
| Arvind Patel | Director | 13 May 1997 | 29 Years 5 Months | Current |
| Dillip Kumar Motwani Also directs: Motwani Financial Services LLP, Motwani Mac Construction LLP, Arcon Builders Private Limited and 2 more | Director | 13 May 1997 | 29 Years 5 Months | Current |
Peer comparison
Laxmi Builders and Developers Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meghamonu Constructions Private Limited | ₹6.82 Cr (FY 2024) | 15.0% | Hyderabad, Telangana, India | |||
| Sri Akshaya Agencies Private Limited | ₹6.82 Cr (FY 2024) | 431.0% | Chennai, Tamil Nadu, India | |||
| Laxmi Builders and Developers Private Limitedthis company | ₹6.81 Cr (FY 2023) | ₹22.81 Lakh | 3.4% | 34676.0% | Bhubaneswar, Odisha, India | |
| Sharanyabharath Constructions Private Limited | ₹6.81 Cr (FY 2025) | 105.0% | Bangalore, Karnataka, India | |||
| Drosia Constructions Pvt Ltd | ₹6.81 Cr (FY 2025) | 145.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Laxmi Builders and Developers Private Limited, buy the company report.
Auditor
Laxmi Builders and Developers Private Limited is audited by KEJRIWAL&ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEJRIWAL&ASSOCIATES | FY 2022 | 324527E |
Shareholding
The shareholding of Laxmi Builders and Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laxmi Builders and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2006 | 80014144 | Uco Bank | ₹11.3 Cr | Open | |
| 13 Jan 2006 | 80014143 | Uco Bank Ashoka Market Branch | ₹18.3 Cr | Open | |
| 25 Oct 2005 | 90080523 | Icici Bank Limited | ₹1.5 Cr | Open |
To see the full charge records of Laxmi Builders and Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Laxmi Builders and Developers Private Limited has 14 court cases on record: 6 filed by Laxmi Builders and Developers, 8 filed against it. 4 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 2 |
| High courts | 4 | 2 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Puri, Orissa | Civil suit | Filed against the company by Ms. Peerless Hotels Ltd. | Disposed |
| District court, Puri, Odisha | Civil suit | Filed against the company by an individual | Pending |
| High Court of Orissa | Writ petition | Filed against the company by International Society for Krishna Conciousness (Iskcon), Puri | Pending |
| High Court, MAHARASHTRA | Court case (APL) | Filed by the company against The State of Maharashtra and Ors and 2 others | Pending |
| District court, Khurda, Orissa | Court case (Crl. Exn.) | Filed by the company against an individual | Pending |
To see the full case history of Laxmi Builders and Developers 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 Laxmi Builders and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Laxmi Builders and Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCL7215J1ZS | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Laxmi Builders and Developers Private Limited, buy the company report.
Recent activity
Laxmi Builders and Developers Private Limited has 5 board changes on record since 1997: 4 appointments and 1 cessation. The latest: Govind Patel ceased to be Director on 10 Jun 2019.
Frequently asked questions
Laxmi Builders and Developers is an active private limited company based in Bhubaneswar, Odisha, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 May 1997 (29+ years old) and is registered under CIN U45202OR1997PTC004941.
Laxmi Builders and Developers has 4 current directors:
- Harilal Patel - Director
- Purusottam Patel - Director
- Arvind Patel - Director
- Dillip Kumar Motwani - Director
The latest financial statements of Laxmi Builders and Developers 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 Laxmi Builders and Developers is 21AABCL7215J1ZS, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Laxmi Builders and Developers is U45202OR1997PTC004941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Builders and Developers has 14 court cases on record: 6 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Laxmi Builders and Developers was incorporated on 13 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Laxmi Builders and Developers by revenue are Meghamonu Constructions Private Limited, Sri Akshaya Agencies Private Limited, Sharanyabharath Constructions Private Limited, Drosia Constructions Pvt Ltd, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Govind Patel ceased to be Director on 10 Jun 2019. Arvind Patel was appointed as Director on 13 May 1997. Dillip Kumar Motwani was appointed as Director on 13 May 1997. Laxmi Builders and Developers has 5 board changes on record in total.
The registered office of Laxmi Builders and Developers is at Plot No – 225 Cuttack Road Laxmi Sagar Square, Bhubaneswar, Odisha, India – 751006.
Laxmi Builders and Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
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