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Lakshmi Precision Screws Limited (LAKPRE)
What LAKPRE does

Lakshmi Precision Screws Limited

What company does?Manufacturing and distribution of high tensile fasteners, automotive components, and precision parts.
Established1968
Entity typePrivate
HeadquartersIndia
SegmentB2B
Lakshmi Precision Screws Limited is a share market listed company in the Auto Components & Equipments industry . It got listed on NSE on 26-SEP-2006 under the trading symbol LAKPRE. On BSE it is listed under trading symbol LAKPRE. The company operates in Manufacturing , Fasteners and Industrial Supplies categories.

Company overview

Lakshmi Precision Screws Limited is a leading manufacturer of high-quality fasteners and cold-formed components in India. The company specializes in producing a wide range of custom-designed fasteners, including nuts, bolts, screws, pins, rivets, and other precision engineering products for various industries such as automotive, infrastructure, renewable energy, railways, and defense. The company's product portfolio includes standard as well as customized fastening solutions to meet the specific requirements of its diverse customer base. With an extensive manufacturing setup equipped with advanced machinery and technology, Lakshmi Precision Screws Limited has positioned itself as a reliable supplier of critical components to both domestic and international markets. One aspect that sets Lakshmi Precision Screws Limited apart from its competitors is its commitment to innovation and continuous improvement. The company invests significantly in research and development to enhance its product offerings while ensuring adherence to global quality standards. This dedication enables them to provide cutting-edge solutions tailored to the evolving needs of their clients. In terms of technology adoption, Lakshmi Precision Screws Limited leverages state-of-the-art equipment for production processes such as cold forming, heat treatment, surface finishing techniques like electroplating & organic coatings. Furthermore it also uses CNC turning centers which helps maintaining close tolerances on complex geometries parts. Moreover,laksmi precision screw limited focuses on sustainability by integrating eco-friendly practices into their operations through responsible waste management systems thereby minimizing environmental impact.Their strong emphasis on sustainable manufacturing further cements their position within the industry. As part of their growth strategy,LPS actively seeks collaborations & partnerships with organizations possessing complementary capabilities.This collaborative approach allows them access new technologies or market segments enabling expansion thus contributing towards establishing themselves as a globally recognized brand in the fastener industry.

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