Promoter holding
64.27%
LS
Laxmi Shuttleless Looms Private Limited - Due diligence report
A 360° intelligence report on Laxmi Shuttleless Looms Private Limited: trust score, financial health, credit view, compliance, directors, gr…
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Laxmi Shuttleless Looms Private Limited — 360° Intelligence Report
Generated from MCA filings & public records68/100
Trust Score
Moderate
Laxmi Shuttleless Looms Private Limited is assessed as Moderate with a Trust Score of 68/100. Laxmi Shuttleless Looms Private Limited is an active private limited indian non-government company incorporated in 2003, operating in the Machinery and Equipment sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.
Report generated on 10 Aug 2026 from the latest processed filings. Laxmi Shuttleless Looms Private Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
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Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
68/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
85/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
20/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
45/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
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Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 20/100 Caution Indicated
- Negative operating earnings - debt service depends on external support.
- Open charges exceed net worth - secured lenders rank ahead.
- Elevated gearing (D/E 38%).
Charges position: 2 open (3.19 cr) · 1 satisfied (20.00 Lakh).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Bank Of India | 3 | 48.0 cr |
Compliance Score: 85/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 1 court forum(s).
- Delayed payments to MSME suppliers disclosed (2 disclosure(s)).
- 1 active GST registration(s).
Legal cases on record (1)
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Director Intelligence
Stability score: 55/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| DIVYANG ANANTRAI SHANGHVI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| HEMANG MANMOHANDAS SHANGHVI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KETAN BHAVANIDAS SANGHVI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NIMISH MANMOHANDAS SANGHVI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 4 directors on the board.
- HEMANG MANMOHANDAS SHANGHVI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
5 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
Full shareholding pattern, group structure & capital events →
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Risk Intelligence Center
Growth 45 · Distress 65
Growth signals & trust indicators
Asset base grew 1.42 - capacity expansion.
Operating for 22+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 2.1x in a year.
2 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 1.05 Lakh.
1 court case(s) on record - see the legal section for details.
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Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence74/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 2 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment42/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 2 open charge(s) of 3.19 cr already registered.
- Compliance record supports lending.
Investor view49/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 1 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
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MCA Filings & Events Timeline
Latest 15 events30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
31 Mar 2021
Securities allotted
1500000 Equity Shares - 1.50 cr raised
Securities allotted
810000 Equity Shares - 81.00 Lakh raised
15 Jul 2020
Charge created
Bank Of India - 19.45 Lakh
23 Oct 2018
Securities allotted
200000 Equity Shares - 20.00 Lakh raised
20 Mar 2014
Securities allotted
40000.00 Equity Shares - 4.00 Lakh raised
04 Sep 2012
Securities allotted
90000.00 Equity Shares - 9.00 Lakh raised
15 Nov 2011
Charge satisfied
Bank Of India
21 Oct 2011
Charge created
Bank Of India - 3.00 cr
11 Jun 2004
Charge created
Bank Of India - 20.00 Lakh
11 Dec 2003
Incorporated
Registered with Roc Ahmedabad
Director appointed
DIVYANG ANANTRAI SHANGHVI (Director)
Director appointed
HEMANG MANMOHANDAS SHANGHVI (Director)
Director appointed
KETAN BHAVANIDAS SANGHVI (Director)
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Key Observations
Auto-generated from the data aboveRevenue declined 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 5 security allotment(s) - amounts available in the full report.
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Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Laxmi Shuttleless Looms Private Limited before audits and certifications: compliance score 85/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Laxmi Shuttleless Looms Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Enhanced diligence advised. Credit risk score 20/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 45/100, margin trends, ownership structure and peer set for Laxmi Shuttleless Looms Private Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 68/100, distress signals and MSME payment-delay disclosures - know whether Laxmi Shuttleless Looms Private Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Laxmi Shuttleless Looms Private Limited - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Laxmi Shuttleless Looms Private Limited an active company?
Laxmi Shuttleless Looms Private Limited has MCA status “Active” with a compliance score of 85/100 (Low Risk).
Is Laxmi Shuttleless Looms Private Limited financially healthy?
Laxmi Shuttleless Looms Private Limited has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Laxmi Shuttleless Looms Private Limited?
Its overall Trust Score is 68/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Laxmi Shuttleless Looms Private Limited?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.
Does Laxmi Shuttleless Looms Private Limited have loans or charges against its assets?
2 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.
Is Laxmi Shuttleless Looms Private Limited up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 85/100 (Low Risk).
Is it risky to lend to Laxmi Shuttleless Looms Private Limited?
Its Credit Risk Score is 20/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
