Company Laxmi Cotspin Limited

Equities

LAXMICOT

INE801V01019

Textiles & Leather Goods

Market Closed - NSE India S.E. 03:02:02 2024-05-18 EDT 5-day change 1st Jan Change
33.95 INR +4.95% Intraday chart for Laxmi Cotspin Limited +5.11% +35.26%

Business Summary

Laxmi Cotspin Limited is an India-based company. The Company is engaged in the business of cotton processing in the textile industry with its production facilities located in cotton growing areas of the Marathwada region at Samangaon, which is situated in the Jalna district of the State of Maharashtra. The Company is a manufacturer of yarn. It has ring spinning and open-end unit to cater to the yarn markets in Maharashtra and Gujarat. Its business is spread among home textiles, the weaving sector, denim manufacturers and hosiery manufacturers through open end yarn and ring spun yarn. It also manufactures 100% quality cotton combed and carded hosiery/ warp conventional, organic and better cotton initiative (BCI) yarn in the count range of 10s Ne to 40s Ne for the purpose of exporting to Asian and European countries. The Company’s factory is located in the middle of the cotton growing areas of Marathwada and Vidarbha regions at Samangaon, 12 kilometers (km) away from Jalna.

Number of employees: 105

Sales per Business

INR in Million2022Weight2023Weight Delta
Cotton
98.0 %
1,835 85.0 % 1,404 98.0 % -23.50%
Cotton - Traded
1.9 %
314 14.6 % 28 1.9 % -91.20%
Services
0.1 %
10 0.5 % 1 0.1 % -85.72%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
2,159 100.0 % 1,433 100.0 % -33.64%

Managers

Managers TitleAgeSince
Chief Executive Officer - 05-10-18
Director of Finance/CFO - 16-07-21
Compliance Officer - 23-03-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer - 05-10-18
Director/Board Member - 05-10-18
Director/Board Member - 17-02-28
Director/Board Member - 21-10-15
Director/Board Member - 21-10-15
Director/Board Member - 22-08-07
Director/Board Member - 22-08-07
Director/Board Member - 22-06-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 17,147,670 16,976,193 ( 99.00 %) 0 99.00 %

Company contact information

Laxmi Cotspin Ltd.

Gut No. 399, Samangaon-Kajla Road Opposite Meenatai Thakare Vridhasram

431203, Jalna

+91 97 6599 9633

http://www.laxmicotspin.com
address Laxmi Cotspin Limited(LAXMICOT)
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