- Business
- Le Lavoir Ltd (BSE: LELAVOIR.BO) operates as a provider of specialized laundry and dry cleaning services primarily targeting institutional clients such as 5-star and 4-star hotels, alongside emerging retail offerings; its core services encompass door-to-door washing, stain removal, drying, pressing, ironing, steam ironing, carpet cleaning, shoe cleaning, alterations, and commercial laundry solutions for staff uniforms, room linen, banquet hall linens, and guest laundry needs. The company maintains a facility at Shah Industrial Estate, Saki Vihar Road, Andheri (E), Mumbai, emphasizing eco-friendly processes with high-efficiency washers, dryers, Perc-free solvents, and renewable energy practices to minimize water and electricity usage. Incorporated on August 18, 1981, in West Bengal as Refine Holdings Limited (formerly Radhey Trade Holding Ltd until 2021), Le Lavoir Ltd is headquartered in Mumbai, Maharashtra, India, with prior registered offices in Jamnagar, Gujarat, and Kolkata, West Bengal, and plans pan-India expansion into cities including Delhi NCR, Hyderabad, Pune, Goa, Kolkata, Ahmedabad, Bengaluru, and Rajkot. Previously engaged in trading metals, consumer goods, sarees (plain, designer, cotton, silk varieties), shares, and gold bullion investments until 2019, the company pivoted to laundry operations commencing March 2020 under the Le Lavoir brand, meaning "The Laundry or The Washing House". In recent developments, Le Lavoir Ltd executed a strategic Memorandum of Understanding on September 30, 2025, with Tech Riser Private Limited to acquire a 51% stake via share swap, enabling digital platform development for nationwide retail laundry expansion covering order booking, tracking, payments, and backend operations; additionally, at its 44th AGM on August 20, 2025, it adopted FY2025 accounts, reappointed its managing director, appointed a new auditor, relocated its registered office, and amended its Memorandum of Association objects clause. The company serves hospitality, salons, spas, restaurants, nursing homes, gyms, and retail customers across India, operating debt-free in the commercial services sector with a focus on outsourced institutional models.