Lakshmi Precision Screws Ltd (LPS) was incorporated on 27th December 1968 for manufacture of fasteners. LPS manufactures auto components for the Two-wheeler and Four-wheeler industry, which lies under single primary business segment. It became world's leading fastener manufacturer in the country, under organized sector. Headquartered at Rohtak (Haryana), the LPS works comprises of two manufacturing units spread across an area of about 100,000 square meters, just 60 km from New Delhi, the capital of India. Their installed capacity is 28432 metric ton per annum and is supported by a host of ancillaries.
The public issue in 1983 part financed the expansion of installed capacity from 2800 tpa to 6000 tpa, which was later revised to 5000 tpa. A rights issue funded the installation of a moder ...n plant in 1993, near the existing one, increasing the capacity to 7500 tpa. In 1995-96, the company envisaged an expansion/modernisation scheme involving a capital outlay of Rs 16.55 cr with an installed capacity of 2700 tpa.
The company has entered into a joint venture agreement with the Bossard International AG, Switzerland for development of software and marketing/distribution of new range of fasteners for niche market of electrical and electronics etc.
During the financial year 2015-16, the Company ceased to be Joint Venture partner in M/s. LPS Bossard Private Limited with effect from 10.03.2016 due to sale of entire stake of 49%.
1. Can I buy Lakshmi Precision Screws Ltd from PL Capital? ›
Yes, you can invest in Lakshmi Precision Screws Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Lakshmi Precision Screws 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 Precision Screws Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Lakshmi Precision Screws Ltd pay dividends? ›
Lakshmi Precision Screws 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 Precision Screws Ltd ? ›
As of
01-10-2025 the share price for Lakshmi Precision Screws Ltd. is 5.06 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Lakshmi Precision Screws Ltd ? ›
The 52-week high and low of Lakshmi Precision Screws Ltd share price is ₹ 3.88 - ₹ 7.64 as of
01-10-2025 .
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