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Lakshmi Precision Screws Ltd.
46/1, Mile Stone,Hissar Road
Phone: +91 1262248790p:+91 1262248790 ROHTAK, 124001  India Ticker: LAKPRELAKPRE
On 7/18/2018, the National Company Law Tribunal, Chandigarh Bench, ordered the initiation of a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 for Lakshmi Precision Screws Ltd.
Business Summary
Lakshmi Precision Screws Limited is a holding company, which is engaged in the business of manufacturing and trading of high tensile fasteners. The Company manufactures bolts and screws, whether or not with their nuts or washers; nuts; axle parts and access of motorcycle and scooters parts, and assorted waste and scrap. It offers a range of cold forged high tensile fasteners in over 7,000 varieties. Its services include wire drawing, annealing, forging, secondary operation, heat treatment and finishing. It serves various sectors, including wind energy, oil and gas, locomotives, automobiles, agriculture equipment, machine building, printing machineries, textile sectors and others. The Company exports its products to various countries, which include the United States, Australia, Canada, Denmark, France, Germany, Hong-Kong, Indonesia, Japan, Malaysia, Switzerland, Sweden and Singapore. The Company has a manufacturing plant with a production capacity of 25,000 metric tons per year.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/20173/31/2017Yes----

Industries
SIC Code Description
3452 Bolts, nuts, screws, rivets, and washers
3423 Hand and edge tools, except machine tools and handsaws
3312 Steel works, blast furnaces (including coke ovens), and rolling mills

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Managing Director Lalit K.Jain 60 12/5/1974
Executive Vice Chairman of the Board, Managing Director Dinesh K.Jain 64
Deputy General Manager (Quality), Associate Vice President (Finance and Accounts) Sanjay K.Agarwal 10/17/2016 10/1/2016
Additional Independent Director SaumitraChoudhury 12/30/2016 12/30/2016
Additional Independent Director BrijendraSingh 11/5/2016 11/5/2016

Business Names
Business Name
Indian Fasteners Ltd.
LAKPRE

General Information
Number of Employees: 1,095 (As of 3/31/2013)
Outstanding Shares: 10,941,667 (As of 3/31/2017)
Shareholders: 7,418
Stock Exchange: NSE
Fax Number: +91 1262248297


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Tuesday, August 29, 2023