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Lakshmi Precision Screws Ltd logo

Lakshmi Precision Screws Ltd

NSE: LAKPRE BSE: 506079

₹5.10

(-0.58%)

Wed, 25 Feb 2026, 05:58 pm

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Company History

1968

  • The company was incorporated as a private limited company.

1969

  • 4,000 equity shares were issued to promoters.

1970

  • 2,200 equity shares were issued to promoters.

1971

  • 5,600 equity shares were issued to promoters.
  • The company was converted into a public limited company.

1973

  • 1,000 equity shares were issued to promoters.

1978

  • 2,000 equity shares were issued to promoters.

1979

  • 3,000 equity shares were issued to promoters.

1980

  • Equity shares were subdivided into Rs 10 each.
  • 50,000 equity shares were issued to promoters.

1981

  • 1,20,000 equity shares were issued to promoters.

1982

  • The company took up an expansion programme.
  • 3,50,000 bonus equity shares were issued.

1983

  • 37,50,000 equity shares were offered for public subscription.

1984

  • All imported equipment and associated machinery were commissioned.

1989

  • Indian Fasteners Limited became a subsidiary of the company.
  • The company promoted a subsidiary company under the name of Indian Fasteners Ltd.

1991

  • The company proposed to undertake a modernisation-cum-expansion scheme.
  • The company proposed to set up another export unit.

1993

  • The company issued 21,75,000 rights equity shares.

1994

  • 21,75,000 rights equity shares were issued.

1995

  • The company proposed to undertake an expansion-cum-modernisation scheme.

1996

  • The company diversified its export activities with a two-pronged strategy.

1997

  • The company signed a joint venture agreement with Bossard International AG, Switzerland.
  • 16,00,000 equity shares were allotted at a premium of Rs. 15.40 per share.
  • The company's performance was sluggish due to economic slowdown and stiff competition.

1998

  • 8,00,000 equity shares were allotted at a premium of Rs. 9.75 per share.
  • The joint venture companies LPS Bossard Information Systems Pvt. Ltd. and LPS Bossard Pvt. Ltd. started their activities.

1999

  • Lakshmi Precision Screws Ltd explored possibilities of exporting products to newer markets.
  • Lakshmi Precision Screws Ltd was a front-runner in the Indian fastener industry.

2005

  • Lakshmi Precision Screws Ltd issued rights in the ratio of 2:3.

2009

  • Mr. B V Bhargava was appointed as an Independent Director on the Board of the Company.

2010

  • The company recommended a final dividend of 10%.

2011

  • Mr. Naveen Kakkar was appointed as Company Secretary and Compliance Officer.
  • The company recommended a final dividend of Rs. 1.50.

2013

  • The company recommended a final dividend of Rs. 0.80 per share.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800