About Laxmi Shuttleless Looms Private Limited
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Laxmi Shuttleless Looms Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 11 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29263GJ2003PTC043321. Its GSTIN is 24AAACL9508P1Z3 (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Divyang Anantrai Shanghvi and Hemang Manmohandas Shanghvi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sanghvi Estates Gst Roadkaligam Ranip, Ahmedabad, Gujarat, India – 382480.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.84 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹16.93 Lakh (net margin -2.5%) and EBITDA of ₹15.46 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 3% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.19 Cr and satisfied charges of ₹20 Lakh on record. Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website laxmilooms.com.
Company details
Contact details
Laxmi Shuttleless Looms Private Limited's registered office is in Ahmedabad, Gujarat. Its website is laxmilooms.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSanghvi Estates Gst Roadkaligam Ranip, Ahmedabad, Gujarat, India – 382480
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Laxmi Shuttleless Looms 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
Business activity
The main business activity of Laxmi Shuttleless Looms is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Laxmi Shuttleless Looms Private Limited, buy the company report.
Financials of Laxmi Shuttleless Looms Private Limited
FY 2025 filings availableLaxmi Shuttleless Looms Private Limited reported revenue of ₹6.84 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 90% 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 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹15.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.93 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | -2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Laxmi Shuttleless Looms Private Limited, buy the company report.
Board of directors of Laxmi Shuttleless Looms Private Limited
Laxmi Shuttleless Looms has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divyang Anantrai Shanghvi | Director | 11 Dec 2003 | 22 Years 10 Months | Current |
| Hemang Manmohandas Shanghvi | Director | 11 Dec 2003 | 22 Years 10 Months | Current |
| Ketan Bhavanidas Sanghvi | Director | 11 Dec 2003 | 22 Years 10 Months | Current |
| Nimish Manmohandas Sanghvi Also directs: Mabs Enterprises LLP, Shanghvi Founders & Engineers Private Limited, Las Olas Ventures LLP and 1 more | Director | 11 Dec 2003 | 22 Years 10 Months | Current |
Peer comparison
Laxmi Shuttleless Looms Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Calefaction Techno Private Limited | ₹6.87 Cr (FY 2025) | -78.0% | Morbi, Gujarat, India | |||
| Sam Machinery India Private Limited | ₹6.85 Cr (FY 2025) | -13.0% | Bangalore, Karnataka, India | |||
| Laxmi Shuttleless Looms Private Limitedthis company | ₹6.84 Cr (FY 2025) | -₹16.93 Lakh | -2.5% | -32.0% | 31 | Ahmedabad, Gujarat, India |
| Omkar Dairy Equipments Private Limited | ₹6.83 Cr (FY 2025) | 27.0% | Pune, Maharashtra, India | |||
| Siddhant Equipments Private Limited | ₹6.83 Cr (FY 2025) | 29.0% | Pune, Maharashtra, India | |||
| B&B Machines Private Limited | ₹6.82 Cr (FY 2025) | 42.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Laxmi Shuttleless Looms Private Limited, buy the company report.
Auditor
Laxmi Shuttleless Looms Private Limited is audited by TUSHAR R. SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TUSHAR R. SHAH & ASSOCIATES | FY 2023 | 100383 |
Shareholding
The shareholding of Laxmi Shuttleless Looms 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 Laxmi Shuttleless Looms Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2020 | 100349238 | Bank of India | ₹19.45 Lakh | Open | |
| 21 Oct 2011 | 10319921 | Bank of India | ₹3 Cr | Open | |
| 11 Jun 2004 | 90095385 | Bank of India | ₹20 Lakh | Satisfied |
To see the full charge records of Laxmi Shuttleless Looms Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Laxmi Shuttleless Looms Private Limited has 5 court cases on record: 5 filed by Laxmi Shuttleless Looms. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed by the company against Ludlow Jute and Specialities Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against Ludlow Jute Specialities Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Ludlow Jute Specialities Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Ludlow Jute Specialities Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Ludlow Jute Specialities Ltd. | Disposed |
To see the full case history of Laxmi Shuttleless Looms 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
Laxmi Shuttleless Looms Private Limited has 6 MSME Form 1 returns on record between 2018 and 2022, listing 213 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Farmson Engineers | |||
| Electromatic Engineers Private Limited | |||
| Megha Roto-Tech Private Limited | |||
| Safe Sea Logistics Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Laxmi Shuttleless Looms Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Laxmi Shuttleless Looms Private Limited has a workforce of 31 employees on its EPFO records as of May 04, 2024, across 1 active EPFO establishment.
GST
Laxmi Shuttleless Looms has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACL9508P1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Laxmi Shuttleless Looms Private Limited, buy the company report.
Recent activity
Laxmi Shuttleless Looms Private Limited has 4 board changes on record since 2003: 4 appointments. The latest: Divyang Anantrai Shanghvi was appointed as Director on 11 Dec 2003.
Frequently asked questions
Laxmi Shuttleless Looms is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 11 December 2003 (23+ years old) and is registered under CIN U29263GJ2003PTC043321.
Laxmi Shuttleless Looms has 4 current directors:
- Divyang Anantrai Shanghvi - Director
- Hemang Manmohandas Shanghvi - Director
- Ketan Bhavanidas Sanghvi - Director
- Nimish Manmohandas Sanghvi - Director
The latest financial statements of Laxmi Shuttleless Looms on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Laxmi Shuttleless Looms is 24AAACL9508P1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Laxmi Shuttleless Looms is U29263GJ2003PTC043321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Shuttleless Looms has 5 court cases on record: 5 filed by the company. Most are in the district courts.
Laxmi Shuttleless Looms was incorporated on 11 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Laxmi Shuttleless Looms by revenue are Calefaction Techno Private Limited, Sam Machinery India Private Limited, Omkar Dairy Equipments Private Limited, Siddhant Equipments Private Limited, B&B Machines Private Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Divyang Anantrai Shanghvi was appointed as Director on 11 Dec 2003. Hemang Manmohandas Shanghvi was appointed as Director on 11 Dec 2003. Ketan Bhavanidas Sanghvi was appointed as Director on 11 Dec 2003. Laxmi Shuttleless Looms has 4 board changes on record in total.
Laxmi Shuttleless Looms has 6 MSME Form 1 returns on record between 2018 and 2022, listing 213 overdue payments to 7 micro and small suppliers. The latest return was filed on 28 Apr 2022.
Laxmi Shuttleless Looms can be reached through the website laxmilooms.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Laxmi Shuttleless Looms is at Sanghvi Estates Gst Roadkaligam Ranip, Ahmedabad, Gujarat, India – 382480.
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