- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-04-0047561

Laxmi Ventures (India) Limited
About Laxmi Ventures (India) Limited
Data last updated:
Laxmi Ventures (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 15 January 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1980PLC022108. Its GSTIN is 27AAACL1082G1ZR (Maharashtra). The company holds 7 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.2 Cr. It is led by directors including Akash Anil Agarwal (Whole-Time Director) and Sandeep Agarwal (Whole-Time Director).
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 36/40 Mahalaxmi Bridgearcade Mahalaxmi, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.17 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹2.88 Cr (net margin 5.9%) and EBITDA of ₹5.7 Cr (EBITDA margin 11.6%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 27% over five years.
The company has about 176 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹333.14 Cr on record. Court records list 69 cases involving the company, including 31 filed by the company and 40 filed against it; 10 cases are pending. The company has 6 deals on record (3 secondary share transfers, 1 convertible or debt financing, 1 rights issue), with disclosed funding of ₹11.3 Cr; the latest was in November 2025. Its 6 peer companies in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 2 larger and 4 smaller; the largest is Ambience Hospitality Management Private Limited with revenue of ₹49.39 Cr. The company has 6 MSME Form 1 returns on record between 2021 and 2024, listing 231 overdue payments to 13 micro and small suppliers.
Laxmi Ventures (India) Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-04-0047561). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Laxmi Ventures (India) has one previous CIN (Corporate Identification Number): U51900MH1980PTC022108. The current CIN is U51900MH1980PLC022108, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1980PLC022108 | Current |
| U51900MH1980PTC022108 | Previous |
Recognitions & Rankings of Laxmi Ventures (India)
Contact details
Laxmi Ventures (India) Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address36/40 Mahalaxmi Bridgearcade Mahalaxmi, Mumbai, Maharashtra, India – 400034
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Laxmi Ventures (India) 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 activities of Laxmi Ventures (India) are accommodation and food service and trade. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Laxmi Ventures (India) Limited, buy the company report.
Financials of Laxmi Ventures (India) Limited
FY 2025 filings availableLaxmi Ventures (India) Limited reported revenue of ₹49.17 Cr (down 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 41% fall in the latest year. EBITDA fell 42% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹49.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.88 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 5.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Laxmi Ventures (India) Limited, buy the company report.
Board of directors of Laxmi Ventures (India) Limited
Laxmi Ventures (India) has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virendra Nath Pandey | Director | 14 Jul 2023 | 3 Years 3 Months | Current |
| Akash Anil Agarwal | Whole-Time Director | 14 Jan 2000 | 26 Years 9 Months | Current |
| Sandeep Agarwal Also directs: Boonary Enterprises LLP, Elteecee Tobacco Industries Pvt Ltd, AAA Steel and Energy (India) Private Limited and 5 more | Whole-Time Director | 14 Nov 2002 | 23 Years 11 Months | Current |
Peer comparison
Laxmi Ventures (India) Limited is compared with the 6 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ambience Hospitality Management Private Limited | ₹49.39 Cr (FY 2025) | 15.0% | Gurugram, Haryana, India | |||
| Brigade Hospitality Services Limited | ₹49.24 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Laxmi Ventures (India) Limitedthis company | ₹49.17 Cr (FY 2025) | ₹2.88 Cr | 5.9% | -41.0% | 176 | Mumbai, Maharashtra, India |
| Som Datt Landmark Hotels & Recreations Private Limited | ₹49.09 Cr (FY 2025) | 1.0% | Bara Chauraha, Uttar Pradesh, India | |||
| Siesta Hospitality Services Limited | ₹48.96 Cr (FY 2021) | -51.0% | Bangalore, Karnataka, India | |||
| Jindal Hotels Limited | ₹48.74 Cr (FY 2025) | 12.0% | Vadodara, Gujarat, India | |||
| Shere Punjab Inn Private Limited | ₹48.04 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Laxmi Ventures (India) Limited, buy the company report.
Auditor
Laxmi Ventures (India) Limited is audited by Gmj & Co for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gmj & Co | FY 2025 | 103429W |
Shareholding
The shareholding of Laxmi Ventures (India) Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laxmi Ventures (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 May 2010 | 10223786 | State Bank of Indore as Lead Consortium Finance Bank | ₹36.2 Cr | Satisfied | |
| 06 May 2008 | 10103653 | State Bank of Indore | ₹11 Cr | Satisfied | |
| 13 Feb 2008 | 10094215 | Sate Bank of Indore | ₹16 Cr | Satisfied | |
| 20 Sep 2007 | 10070587 | State Bank of Indore | ₹35 Cr | Satisfied | |
| 19 Jun 2003 | 90188908 | Punjab National Bank | ₹10 Cr | Satisfied |
To see the full charge records of Laxmi Ventures (India) Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Laxmi Ventures (India) Limited has 6 deals on record (3 secondary share transfers, 1 convertible or debt financing, 1 rights issue), with disclosed funding of ₹11.3 Cr; the latest was in November 2025.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Rights issue | ₹7.2 Cr | Investors: Idea International Private Limited , 3 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2020 | Debt financing | ₹1.2 Cr | Investors: Arvind Silk Mills LLP |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Idea International Private Limited Seller: Laxmi Ventures Bombay Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Laxmi Ventures (India) Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Laxmi Ventures (India) Limited has 69 court cases on record: 31 filed by Laxmi Ventures (India), 40 filed against it. 10 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 45 | 29 | 3 |
| District courts | 22 | 10 | 5 |
| Supreme Court | 1 | 1 | 1 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Arbitration matter | Filed against the company by Ms Mauria Udyog Limited | Pending |
| District court, Aurangabad, Maharashtra | Arbitration matter | Filed against the company by Ms Mauria Udyog Limited | Disposed |
| High Court | Court case (WP227) | Filed against the company by Laxmi Ventures (India) Limited(Legal Heir) | Disposed |
| High Court | Court case (WP227) | Filed by the company against Laxmi Ventures (India) Limited and 16 others | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by M/S Mauria Udyog Limited | Disposed |
To see the full case history of Laxmi Ventures (India) 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 Ventures (India) Limited has 6 MSME Form 1 returns on record between 2021 and 2024, listing 231 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mahavir Ghar Sansar | |||
| Indraprasth Foods Limited | |||
| Meiko Clean Solutions (India) Private Limited | |||
| an individual supplier | |||
| Moohandas Arjundas |
To see the full MSME payment records of Laxmi Ventures (India) Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Laxmi Ventures (India) Limited has a workforce of 176 employees on its EPFO records as of Sep 22, 2025, across 1 active EPFO establishment.
GST
Laxmi Ventures (India) has 7 GST registrations: 3 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL1082G1ZR | Maharashtra | Active | 01 Jul 2017 |
| 22AAACL1082G1Z1 | Chattisgarh | Active | 01 Jul 2017 |
| 23AAACL1082G4ZW | Madhya Pradesh | Active | 30 Sep 2023 |
To see the full GST registrations and return filing status of Laxmi Ventures (India) Limited, buy the company report.
Recent activity
Laxmi Ventures (India) Limited has 11 board changes on record since 2000: 3 appointments and 8 cessations. The latest: Virendra Nath Pandey ceased to be Additional Director on 29 Sep 2023.
21 earlier events are in the company report.
Frequently asked questions
Laxmi Ventures (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 15 January 1980 (46+ years old) and is registered under CIN U51900MH1980PLC022108.
Laxmi Ventures (India) has 3 current directors:
- Akash Anil Agarwal - Whole-Time Director
- Sandeep Agarwal - Whole-Time Director
- Virendra Nath Pandey - Director
The latest financial statements of Laxmi Ventures (India) 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 Ventures (India) is 27AAACL1082G1ZR, registered in Maharashtra. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 22AAACL1082G1Z1 (Chattisgarh), 23AAACL1082G4ZW (Madhya Pradesh).
The CIN (Corporate Identification Number) of Laxmi Ventures (India) is U51900MH1980PLC022108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Ventures (India) has 69 court cases on record: 31 filed by the company and 40 filed against it. 10 are pending. Most are in the high courts.
Laxmi Ventures (India) was incorporated on 15 January 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
Laxmi Ventures (India) has 6 deals on record (3 secondary share transfers, 1 convertible or debt financing, 1 rights issue), with disclosed funding of ₹11.3 Cr; the latest was in November 2025.
The peers of Laxmi Ventures (India) by revenue are Ambience Hospitality Management Private Limited, Brigade Hospitality Services Limited, Som Datt Landmark Hotels & Recreations Private Limited, Siesta Hospitality Services Limited, Jindal Hotels Limited and 1 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Virendra Nath Pandey ceased to be Additional Director on 29 Sep 2023. Virendra Nath Pandey was appointed as Director on 14 Jul 2023. Vipul Agrawal ceased to be Director on 15 Jun 2022. Laxmi Ventures (India) has 11 board changes on record in total.
Yes, Laxmi Ventures (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-04-0047561).
Laxmi Ventures (India) has 6 MSME Form 1 returns on record between 2021 and 2024, listing 231 overdue payments to 13 micro and small suppliers. The latest return was filed on 30 Apr 2024.

