Promoted in 1907 by the late G Kuppuswamy Naidu, Lakshmi Mills Company Ltd (LMC) was incorporated as a public limited company in 1910. The flagship of the Coimbatore-based Lakshmi group, its associate companies are Lakshmi Machine Works, Lakshmi Synthetic Machinery Manufacturers and Lakshmi Auto Looms. The Company is engaged in the manufacture of Yarn and trading in cloth and garments and rental services of renting out properties. It has four manufacturing units located at Coimbatore, Singanallur, Kovilpatti and Palladam, all in Tamilnadu.
The company's cloth processing is done by its subsidiary, United Bleachers. LMC exports cotton yarn and grey cloth to the UK, Germany, Italy, Bangladesh and Japan. In 1977, Coimbatore Cotton Mills was amalgamated with the company. LMC has yarn process ...ing facilities at Coimbatore which includes facilities for mercerising and bleaching.
The company was getting Wind Power generated of M/s Das Lagerway Wind Turbines Ltd., under a contract since 1997. Some problem has creeped in between the owners of the wind power farm M/s Das Lagerway & M/s Pathega Forgings & Autoparts during 2000-01, the company will not get wind power any more. Company has also increased the installed capacity of Ring Spindles by 64 Nos.
In 2000-01, there was an increase in production of fabrics on account of full commissioning fo additional looms. And the company is also drafted a modernisation scheme at the cost of Rs.39 crores and sent it to IDBI for it's sanction.
The first phase of modernization of 20160 spindles in Palladam unit was commissioned during 2007.
1. Can I buy Lakshmi Mills Company Ltd from PL Capital? ›
Yes, you can invest in Lakshmi Mills Company Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Lakshmi Mills Company Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Lakshmi Mills Company Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Lakshmi Mills Company Ltd pay dividends? ›
Lakshmi Mills Company Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Lakshmi Mills Company Ltd ? ›
As of
04-11-2025 the share price for Lakshmi Mills Company Ltd. is 8735.75 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Lakshmi Mills Company Ltd ? ›
The 52-week high and low of Lakshmi Mills Company Ltd share price is ₹ 4900.05 - ₹ 10059 as of
04-11-2025 .
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