Veejay Lakshmi Engineering Works Ltd Shareholding Pattern
Promoter Holdings
63.833 %
FIIs
0.000 %
DIIs
0.010 %
MutualFund
0.000 %
Retail
30.568 %
Others -
5.589 %
About Veejay Lakshmi Engineering Works Ltd
History of Veejay Lakshmi Engineering Works Ltd
Veejay Lakshmi Engineering Works Limited (VLEWL) was established in August, 1974, Coimbatore, India. The Company is the pioneer in the manufacture of Two for one Twister in India and have sold more than 7000 machines in India and in export market. The Company also manufactures Precision Assembly Winders. The Two for one Twisters are produced at Sengalipalayam factory, in Coimbatore. The Company was promoted by V J Jayaraman and his family.
The Company started operations in year 1975 to produce Twisting machines. It has been specializing in the Twisting machines and Automatic Cone Winder was introduced to the product line in the year 1998. Prior to this, it diversified into textile spinning in the year 1993 and the textile unit now functions under a wholly owned subsidiary from 2003.
...The textile process house at Mettupalayam was set up initially to produce/process 600 kg pd each of dyed/bleached yarn. It has installed four windmills each of 225 KVA capacity at Kethanur in Coimbatore, Tamil Nadu, to facilitate its future plans. To provide a smooth transition into yarn manufacture, it acquired a running textile mill at Udumalpet producing fine count yarn. The 7696 spindles mill was modernised and spindle strength progressively increased to 11520 in 1994-95. The new mill at Mettupalayam, Tamil Nadu, is working at full capacity (15360 spindles) from Mar.'96.
The company obtained the ISO 9002 certification from TUV, Germany, for its engineering unit at Sengalipalayam unit and ISO 9001 certification for its engineering unit at Kariampalayam.
The company's new project to manufacture automatic cone winders for which it has entered into a joint venture with Savio Machine Tessili, Italy has commenced production.
The new Garment Division of the Subsidiary, M/s Veejay Lakshmi Textiles Limited commenced commercial production in 2006-07.
Veejay Lakshmi Textiles Limited, the erstwhile wholly owned Subsidiary of the Company was merged with the Company by amalgamation from 1.4.2014.
1. Can I buy Veejay Lakshmi Engineering Works Ltd from PL Capital? ›
Yes, you can invest in Veejay Lakshmi Engineering Works Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Veejay Lakshmi Engineering Works 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 Veejay Lakshmi Engineering Works Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Veejay Lakshmi Engineering Works Ltd pay dividends? ›
Veejay Lakshmi Engineering Works 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 Veejay Lakshmi Engineering Works Ltd ? ›
As of
04-11-2025 the share price for Veejay Lakshmi Engineering Works Ltd. is 57.33 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Veejay Lakshmi Engineering Works Ltd ? ›
The 52-week high and low of Veejay Lakshmi Engineering Works Ltd share price is ₹ 44.32 - ₹ 93.39 as of
04-11-2025 .
PL Ringside View
Our fireside chat series where industry experts and top management share valuable insights for our clients
