Summary
Incorporated on 10 Nov.87, Lloyd Electric and Engineering became public in 1994. It was promoted by Ashok Punj and Maya Rani Punj. The company is engaged in the manufacture of condenser coils and evaporator coils. The products of the company are used as original equipment in window, package, automotive and split air conditioners.The company has entered into an agreement with its group company Fedders Lloyd Corporation for offtake of 40% of its production. It also supplies to OEMs such as Shriram Industrial Enterprises, Sandaw Vikas, Air Command and to Indian Railways.The company came out with a public issue in Oct.94 at a premium of Rs 20 to part-finance the expansion and modernisation projects, increasing the capacity from 25,000 pa to 1,25,000 pa.Company has received anticipated demand f Read More
Reports by LEEL Electricals LTD
Reports by LEEL Electricals LTD