About Lakshmi Precision Screws Limited
Data last updated:
Lakshmi Precision Screws Limited is a public limited company based in Rohtak, Haryana, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 27 December 1968.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L35999HR1968PLC004977. Its GSTIN is 06AAACL2147C3Z1 (Haryana). The company holds 8 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 506079 and NSE: LAKPRE.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹10.94 Cr. It was formerly known as Lakshmi Precision Screws Private Limited and Lakshmi Allen Screws Engineering India Private Limited. It is led by directors including Lalit Kumar Jain (Managing Director) and Dinesh Kumar Jain (Managing Director).
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 46/1 Mile Stonehissar Road Rohtak, Haryana, India – 124001.
As per the latest consolidated financials for FY 2016-17, the company reported a revenue of ₹258.69 Cr, a decline of 30.9% compared to the previous year. For the same year it recorded a net loss of ₹38.71 Cr (net margin -15%) and EBITDA of ₹1.42 Cr (EBITDA margin 0.5%). The net worth stands at ₹25.82 Cr (down 60.8% YoY). Total assets are valued at ₹323.01 Cr (down 8.1% YoY).
The company has about 514 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Lakshmi Precision Screws. As per MCA filings, the company has open charges of ₹607.58 Cr and satisfied charges of ₹274.63 Cr on record. Court records list 157 cases involving the company, including 41 filed by the company and 116 filed against it; 25 cases are pending. The company has 10 deals on record (9 market trades, 1 funding round), with disclosed funding of ₹9.09 Cr; the latest was in July 2023. Its 5 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Omega Rolling Mills Private Limited with revenue of ₹281.6 Cr.
The last known website on record is lpsindia.com.
Company details
Name history
Lakshmi Precision Screws has undergone 2 name changes throughout its history. The company was previously known as Lakshmi Precision Screws Private Limited, and Lakshmi Allen Screws Engineering India Private Limited. The current legal name is Lakshmi Precision Screws Limited.
| Company Name | Status |
|---|---|
| Lakshmi Precision Screws Limited | Current |
| Lakshmi Precision Screws Private Limited | Previous |
| Lakshmi Allen Screws Engineering India Private Limited | Previous |
Contact details
Lakshmi Precision Screws Limited's registered office is in Rohtak, Haryana. Its website is lpsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address46/1 Mile Stonehissar Road Rohtak, Haryana, India – 124001
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Lakshmi Precision Screws Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Lakshmi Precision Screws operates one associated brand: Lakshmi Precision Screws. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Precision screws are manufactured and exported from Rohtak, India. | lpsindia.com |
Business activity
The main business activity of Lakshmi Precision Screws is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Lakshmi Precision Screws Limited, buy the company report.
Financials of Lakshmi Precision Screws Limited
FY 2016-17 filings availableLakshmi Precision Screws Limited reported revenue of ₹258.69 Cr (down 30.9% YoY) for FY 2016-17.
Financial Highlights
FY 2016-17 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 259 | 375 | 428 | 397 | 367 |
| Revenue growth | -30.9% | -12.5% | +7.9% | +8.1% | - |
| EBITDA | 1.42 | (16.62) | 52.73 | 25.90 | 58.61 |
| EBITDA margin | +0.6% | -4.4% | +12.3% | +6.5% | +16.0% |
| Profit before tax | (40.93) | (28.83) | 4.39 | (26.86) | 6.96 |
| Net profit | (38.71) | (30.48) | 3.27 | (26.33) | 4.99 |
| Net profit margin | -15.0% | -8.1% | +0.8% | -6.6% | +1.4% |
| EPS (₹) | 0.00 | 0.00 | 2.99 | 0.00 | 4.66 |
| Balance sheet | |||||
| Total assets | 323 | 351 | 401 | 389 | 364 |
| Net worth | 25.82 | 65.84 | 98.81 | 96.38 | 123 |
| Total debt | 261 | 253 | 271 | 266 | 239 |
| Cash & bank | 5.25 | 10.74 | 15.99 | 13.92 | 12.36 |
| Net working capital | 145 | 175 | 275 | 284 | 263 |
| Cash flow | |||||
| Cash from operations | 30.18 | 76.32 | 59.39 | 28.57 | 6.64 |
| Cash from investing | 2.57 | (28.95) | (26.01) | (21.71) | (7.73) |
| Cash from financing | (35.05) | (45.96) | (33.42) | (9.92) | 3.39 |
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 259 | 310 | 374 | 351 | 320 |
| Revenue growth | -16.5% | -17.1% | +6.4% | +9.9% | - |
| EBITDA | 1.28 | 4.07 | 47.54 | 23.19 | 56.32 |
| EBITDA margin | +0.5% | +1.3% | +12.7% | +6.6% | +17.6% |
| Profit before tax | (40.98) | (7.08) | 0.38 | (28.50) | 5.25 |
| Net profit | (39.72) | (31.12) | 0.38 | (27.39) | 3.97 |
| Net profit margin | -15.4% | -10.0% | +0.1% | -7.8% | +1.2% |
| EPS (₹) | 0.00 | 0.00 | 0.35 | 0.00 | 3.71 |
| Balance sheet | |||||
| Total assets | 320 | 349 | 371 | 359 | 338 |
| Net worth | 23.36 | 64.33 | 74.09 | 74.81 | 103 |
| Total debt | 261 | 253 | 266 | 259 | 232 |
| Cash & bank | 5.22 | 10.49 | 14.71 | 12.64 | 11.25 |
| Net working capital | 144 | 174 | 250 | 260 | 241 |
| Cash flow | |||||
| Cash from operations | 30.23 | 76.69 | 55.55 | 27.50 | 6.33 |
| Cash from investing | 2.57 | (34.42) | (25.51) | (20.29) | (6.78) |
| Cash from financing | (34.87) | (40.64) | (30.37) | (9.90) | 2.41 |
Financial Statements
| Particulars | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|
| Revenue | 259 | 375 | 428 | 397 | 367 |
| Revenue growth | -30.9% | -12.5% | +7.9% | +8.1% | - |
| Other income | 15.43 | 42.37 | 1.77 | 1.87 | 1.99 |
| Total expenses | 257 | 391 | 375 | 371 | 308 |
| Employee cost | 73.67 | 76.87 | 78.37 | 96.22 | 63.86 |
| EBITDA | 1.42 | (16.62) | 52.73 | 25.90 | 58.61 |
| EBITDA margin | +0.6% | -4.4% | +12.3% | +6.5% | +16.0% |
| Depreciation | 17.22 | 15.91 | 11.96 | 17.36 | 21.83 |
| Interest | 40.56 | 38.67 | 38.15 | 37.27 | 31.81 |
| Profit before tax | (40.93) | (28.83) | 4.39 | (26.86) | 6.96 |
| Tax | 0.01 | 3.97 | 1.29 | 0.67 | 1.67 |
| Net profit | (38.71) | (30.48) | 3.27 | (26.33) | 4.99 |
| Net profit margin | -15.0% | -8.1% | +0.8% | -6.6% | +1.4% |
| EPS (₹) | 0.00 | 0.00 | 2.99 | 0.00 | 4.66 |
| Particulars | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 10.94 | 10.94 | 10.94 | 10.94 | 10.94 |
| Reserves & surplus | 14.88 | 54.90 | 87.87 | 85.44 | 112 |
| Shareholders' funds (net worth) | 25.82 | 65.84 | 98.81 | 96.38 | 123 |
| Minority interest | 0.52 | 0.51 | 0.54 | 0.52 | 0.52 |
| Secured loans | 194 | 192 | 215 | 239 | 225 |
| Unsecured loans | 66.97 | 61.08 | 56.36 | 27.45 | 13.76 |
| Total debt | 261 | 253 | 271 | 266 | 239 |
| Total liabilities | 323 | 351 | 401 | 389 | 364 |
| Assets | |||||
| Gross block | 345 | 348 | 278 | 263 | 251 |
| Net block | 144 | 150 | 89.86 | 88.31 | 93.18 |
| Capital work in progress | 24.25 | 17.96 | 24.30 | 4.47 | 0.54 |
| Investments | 3.12 | 2.14 | 2.17 | 1.98 | 1.75 |
| Inventories | 196 | 201 | 286 | 264 | 245 |
| Sundry debtors | 55.20 | 74.30 | 95.61 | 92.00 | 83.16 |
| Cash & bank balances | 5.25 | 10.74 | 15.99 | 13.92 | 12.36 |
| Loans & advances | 27.64 | 26.20 | 27.08 | 25.87 | 20.19 |
| Total current assets | 284 | 312 | 425 | 396 | 360 |
| Total current liabilities | 139 | 137 | 150 | 112 | 97.69 |
| Net working capital | 145 | 175 | 275 | 284 | 263 |
| Total assets | 323 | 351 | 401 | 389 | 364 |
| Particulars | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|
| Opening cash | 2.55 | 1.14 | 1.18 | 4.23 | 1.93 |
| Net cash from operating activities | 30.18 | 76.32 | 59.39 | 28.57 | 6.64 |
| Net cash from investing activities | 2.57 | (28.95) | (26.01) | (21.71) | (7.73) |
| Net cash from financing activities | (35.05) | (45.96) | (33.42) | (9.92) | 3.39 |
| Net change in cash | (2.30) | 1.42 | (0.04) | (3.06) | 2.30 |
| Closing cash | 5.25 | 10.74 | 15.99 | 13.92 | 12.36 |
| Particulars | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | -30.9% | -12.5% | +7.9% | +8.1% | - |
| EBITDA growth | +108.5% | -131.5% | +103.6% | -55.8% | - |
| PBT growth | -42.0% | - | +9998.0% | - | +9997.0% |
| Net income growth | -27.0% | -1032.1% | +112.4% | -627.7% | - |
| Revenue CAGR (3Y) | -13.3% | +0.7% | - | - | - |
| EBITDA CAGR (3Y) | -62.0% | - | - | - | - |
| Profitability & leverage | |||||
| Net income margin | -15.8% | -8.8% | +0.7% | -6.9% | +1.4% |
| Return on capital employed | 0.0% | +2.6% | +10.8% | +2.8% | +11.1% |
| Return on net worth | 0.0% | -39.9% | +3.2% | -25.1% | +4.2% |
| Debt / equity | 5.61 | 3.18 | 2.75 | 2.30 | 1.83 |
| Long-term debt / equity | 1.53 | 1.01 | 0.72 | 0.38 | 0.29 |
| Interest cover | -256.71 | -118.87 | 93.57 | 436.42 | 86.49 |
| Efficiency & per share | |||||
| Fixed asset turnover | 0.83 | 1.30 | 1.72 | 1.69 | 1.62 |
| Inventory turnover | 1.44 | 1.67 | 1.69 | 1.70 | 1.74 |
| Debtors turnover | 4.43 | 4.78 | 4.96 | 4.95 | 4.79 |
| EPS (₹) | 0.00 | 0.00 | 2.99 | 0.00 | 4.66 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.80 |
| Book value per share (₹) | 23.59 | 60.18 | 90.31 | 88.08 | 112.37 |
| Particulars | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|
| Revenue | 259 | 310 | 374 | 351 | 320 |
| Revenue growth | -16.5% | -17.1% | +6.4% | +9.9% | - |
| Other income | 15.43 | 42.08 | 1.44 | 1.38 | 1.51 |
| Total expenses | 257 | 306 | 326 | 328 | 263 |
| Employee cost | 73.64 | 70.97 | 73.37 | 91.63 | 59.79 |
| EBITDA | 1.28 | 4.07 | 47.54 | 23.19 | 56.32 |
| EBITDA margin | +0.5% | +1.3% | +12.7% | +6.6% | +17.6% |
| Depreciation | 17.13 | 15.23 | 11.28 | 16.62 | 21.15 |
| Interest | 40.56 | 38.00 | 37.32 | 36.45 | 31.43 |
| Profit before tax | (40.98) | (7.08) | 0.38 | (28.50) | 5.25 |
| Tax | 0.00 | 2.50 | 0.00 | 0.12 | 1.05 |
| Net profit | (39.72) | (31.12) | 0.38 | (27.39) | 3.97 |
| Net profit margin | -15.4% | -10.0% | +0.1% | -7.8% | +1.2% |
| EPS (₹) | 0.00 | 0.00 | 0.35 | 0.00 | 3.71 |
| Particulars | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 10.94 | 10.94 | 10.94 | 10.94 | 10.94 |
| Reserves & surplus | 12.42 | 53.39 | 63.15 | 63.87 | 92.30 |
| Shareholders' funds (net worth) | 23.36 | 64.33 | 74.09 | 74.81 | 103 |
| Secured loans | 194 | 192 | 205 | 225 | 214 |
| Unsecured loans | 66.97 | 61.08 | 61.40 | 34.20 | 18.13 |
| Total debt | 261 | 253 | 266 | 259 | 232 |
| Total liabilities | 320 | 349 | 371 | 359 | 338 |
| Assets | |||||
| Gross block | 342 | 345 | 267 | 253 | 242 |
| Net block | 144 | 150 | 84.20 | 82.85 | 88.07 |
| Capital work in progress | 24.25 | 17.96 | 24.30 | 4.47 | 0.54 |
| Investments | 1.74 | 1.92 | 4.27 | 4.27 | 4.27 |
| Inventories | 196 | 201 | 272 | 251 | 235 |
| Sundry debtors | 55.10 | 74.20 | 77.64 | 74.23 | 65.91 |
| Cash & bank balances | 5.22 | 10.49 | 14.71 | 12.64 | 11.25 |
| Loans & advances | 27.62 | 26.17 | 26.35 | 25.49 | 19.96 |
| Total current assets | 284 | 311 | 391 | 364 | 332 |
| Total current liabilities | 140 | 138 | 140 | 104 | 91.40 |
| Net working capital | 144 | 174 | 250 | 260 | 241 |
| Total assets | 320 | 349 | 371 | 359 | 338 |
| Particulars | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|
| Opening cash | 2.30 | 0.67 | 1.00 | 3.69 | 1.73 |
| Net cash from operating activities | 30.23 | 76.69 | 55.55 | 27.50 | 6.33 |
| Net cash from investing activities | 2.57 | (34.42) | (25.51) | (20.29) | (6.78) |
| Net cash from financing activities | (34.87) | (40.64) | (30.37) | (9.90) | 2.41 |
| Net change in cash | (2.07) | 1.63 | (0.33) | (2.69) | 1.96 |
| Closing cash | 5.22 | 10.49 | 14.71 | 12.64 | 11.25 |
| Particulars | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | -16.5% | -17.1% | +6.4% | +9.9% | - |
| EBITDA growth | -68.6% | -91.4% | +105.0% | -58.8% | - |
| PBT growth | -478.8% | - | +9998.0% | - | +9997.0% |
| Net income growth | -27.6% | -8289.5% | +101.4% | -789.9% | - |
| Revenue CAGR (3Y) | -9.7% | -1.0% | - | - | - |
| EBITDA CAGR (3Y) | -61.9% | -58.4% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | -15.8% | -3.1% | +0.1% | -8.2% | +1.3% |
| Return on capital employed | 0.0% | +1.9% | +10.3% | +2.3% | +11.3% |
| Return on net worth | 0.0% | -45.0% | +0.5% | -32.2% | +3.9% |
| Debt / equity | 5.86 | 3.75 | 3.53 | 2.76 | 2.11 |
| Long-term debt / equity | 1.60 | 1.20 | 0.94 | 0.47 | 0.35 |
| Interest cover | -255.90 | -340.50 | 102.92 | 554.79 | 89.37 |
| Efficiency & per share | |||||
| Fixed asset turnover | 0.83 | 1.12 | 1.58 | 1.57 | 1.48 |
| Inventory turnover | 1.44 | 1.44 | 1.57 | 1.60 | 1.61 |
| Debtors turnover | 4.44 | 4.49 | 5.41 | 5.54 | 5.28 |
| EPS (₹) | 0.00 | 0.00 | 0.35 | 0.00 | 3.71 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.80 |
| Book value per share (₹) | 21.36 | 58.80 | 67.72 | 68.37 | 94.36 |
To see the full year-wise statements and ratios of Lakshmi Precision Screws Limited, buy the company report.
Board of directors of Lakshmi Precision Screws Limited
Lakshmi Precision Screws has 3 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar Jain Also directs: Indian Fasteners Limited, LVR Holding Limited | Managing Director | 05 Dec 1974 | 51 Years 10 Months | As last reported |
| Dinesh Kumar Jain Also directs: Indian Fasteners Limited | Managing Director | 27 Dec 1968 | 57 Years 9 Months | As last reported |
| Saumitra Choudhury | Director | 30 Dec 2016 | 9 Years 9 Months | As last reported |
Peer comparison
Lakshmi Precision Screws Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Omega Rolling Mills Private Limited | ₹281.6 Cr (FY 2025) | 15.0% | Boisar, Maharashtra, India | |||
| Devgiri Forgings Private Limited | ₹274.36 Cr (FY 2025) | 24.0% | Gangapur, Maharashtra, India | |||
| Cubex Tubings Ltd | ₹269.19 Cr (FY 2025) | 21.0% | Telangana, India | |||
| Kyocera Precision Tools India Private Limited | ₹264.75 Cr (FY 2025) | -8.0% | A.I .Area, Jharkhand, India | |||
| Jinabakul Forge Private Limited | ₹263.89 Cr (FY 2025) | 8.0% | Karnataka, India | |||
| Lakshmi Precision Screws Limitedthis company | ₹258.69 Cr (FY 2017) | -₹38.71 Cr | -15% | -30.9% | 514 | Rohtak, Haryana, India |
To see the full peer comparison of Lakshmi Precision Screws Limited, buy the company report.
Auditor
Lakshmi Precision Screws Limited is audited by B M CHATRATH & CO LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B M CHATRATH & CO LLP | FY 2017 | 301011E |
Shareholding
The shareholding of Lakshmi Precision Screws Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Lakshmi Precision Screws Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2014 | 10566908 | Hero Fincorp Limited | ₹10 Cr | Open | |
| 26 Jun 2014 | 10507075 | Intec Capital Limited | ₹1.36 Cr | Open | |
| 21 Jun 2014 | 10506862 | Karvy Financial Services Ltd. | ₹15 Cr | Open | |
| 19 May 2014 | 10507314 | Hero Fincorp Limited | ₹3.77 Cr | Open | |
| 31 May 2013 | 10428946 | Corporation Bank | ₹6.35 Cr | Open |
To see the full charge records of Lakshmi Precision Screws Limited, buy the company report.
Total charge records: 89 View all charges
Deals & funding
Lakshmi Precision Screws Limited has 10 deals on record (9 market trades, 1 funding round), with disclosed funding of ₹9.09 Cr; the latest was in July 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Market trade | ₹5 Lakh | Buyer: an individual Seller: an individual |
| Jun 2021 | Market trade | ₹3.3 Lakh | Seller: an individual |
| Mar 2020 | Market trade | ₹80,000 | Buyer: an individual Seller: an individual |
| Mar 2019 | Market trade | ₹21.3 Lakh | Buyer: an individual Seller: Aanchal Tradelink Limited |
| Jul 2005 | Market trade | ₹1.08 Cr | Seller: Gufic Private Limited |
To see the full deal history of Lakshmi Precision Screws Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lakshmi Precision Screws Limited has 157 court cases on record: 41 filed by Lakshmi Precision Screws, 116 filed against it. 25 cases are pending and 132 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 113 | 92 | 20 |
| High courts | 24 | 8 | 5 |
| NCLT | 14 | 13 | 0 |
| Supreme Court | 4 | 1 | 0 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 157)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd. | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Intec Capital Ltd | Pending |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Syndicate Bank and Others | Pending |
| District court, Rohtak, Haryana | Execution petition | Filed against the company by Jindal Fasteners Pvt. Ltd. Through SH. Rajiv Jain | Disposed |
| District court, Rohtak, Haryana | Execution petition | Filed against the company by M/S Av Wires Pvt. Ltd. | Disposed |
To see the full case history of Lakshmi Precision Screws Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Lakshmi Precision Screws Limited was last rated by Care on 18 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 18 Aug 2021 |
To see the full credit ratings and regulatory alerts of Lakshmi Precision Screws Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lakshmi Precision Screws Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Lakshmi Precision Screws has 2 subsidiary companies and 6 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indian Fasteners Limited | U28939HR1986PLC025042 | |
| Indian Fasteners Limited | U28939HR1986PLC025042 |
To see the full group structure of Lakshmi Precision Screws Limited, buy the company report.
Employees & EPFO
Lakshmi Precision Screws Limited has a workforce of 514 employees on its EPFO records as of Apr 07, 2024, across 3 active EPFO establishments.
GST
Lakshmi Precision Screws has 8 GST registrations: 2 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACL2147C3Z1 | Haryana | Active | 22 Apr 2020 |
| 24AAACL2147C1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lakshmi Precision Screws Limited, buy the company report.
Recent activity
Lakshmi Precision Screws Limited has 53 board changes on record since 1968: 28 appointments and 25 cessations. The latest: Ravi Shankar Sharma ceased to be Director on 24 Jul 2018.
253 earlier events are in the company report.
Frequently asked questions
Lakshmi Precision Screws is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Lakshmi Precision Screws is a company under insolvency, formerly operating as a public limited company based in Rohtak, Haryana, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 27 December 1968 and is registered under CIN L35999HR1968PLC004977. Listed on BSE: 506079 and NSE: LAKPRE. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Lakshmi Precision Screws reported revenue of ₹258.69 Cr for FY 2016-17 (down 30.9% YoY) based on consolidated financials.
Lakshmi Precision Screws has 3 current directors:
- Lalit Kumar Jain - Managing Director
- Dinesh Kumar Jain - Managing Director
- Saumitra Choudhury - Director
The latest financial statements of Lakshmi Precision Screws on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Lakshmi Precision Screws is L35999HR1968PLC004977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Lakshmi Precision Screws is a listed company as per MCA records. Its shares are listed on both BSE (code: 506079) and NSE (symbol: LAKPRE).
Lakshmi Precision Screws has open charges of ₹607.58 Cr and satisfied charges of ₹274.63 Cr as per latest MCA filings.
Lakshmi Precision Screws has 157 court cases on record: 41 filed by the company and 116 filed against it. 25 are pending. Most are in the district courts.
Lakshmi Precision Screws was incorporated on 27 December 1968. It is registered with the Registrar of Companies, Delhi.
Lakshmi Precision Screws has 10 deals on record (9 market trades, 1 funding round), with disclosed funding of ₹9.09 Cr; the latest was in July 2023.