Latteys Industries Ltd Company Summary

34.1
(-0.41%)
Dec 11, 2024|03:31:21 PM

Latteys Industries Ltd Summary

Latteys Industries Limited was originally incorporated as a private limited company with the name Latteys Pumps Industries Pvt Ltd on April 02, 2013. The Company acquired the business of proprietorship concern of the Promoter Kapoor Chand Garg viz. M/s Latteys Pumps Industries vide a Memorandum of Understanding dated April 08, 2013. Further, the name of the Company was changed to Latteys Industries Private Limited on July 11, 2017. Subsequently, it was converted into a Public Limited Company and the name of the Company changed to Latteys Industries Limited on August 21, 2017.Company is promoted and managed by Mr. Kapoor Chand Garg and Mr. Pawan Garg and is is in the business of manufacturing of pumping solutions for homes, horticulture, agriculture & industrial sectors. Pumps includes Submersible, Self-Priming, Centrifugal, Shallow and Horizontal Pumps. The Company manufactures more than 1200 models of pumps as its portfolio. These pumps are widely used by Domestic and Industrial sectors. The pumps are manufactured and sold wholly in India. The Company pioneer in manufacturing Submersible pumps. M/s. Latteys Pumps Industries, a proprietorship concern operated by the sole proprietor Kapoor Chand Garg commenced its manufacturing in year 2004 in Chatraal, Gujarat and thereafter moved to a strategic location of GIDC Naroda, in Gujarat in 2011.In May 2018, the Company came with a Public Issue of 12,22,000 Equity Shares by raising money aggregating Rs 8.06 Crore.The Company currently has an installed production capacity of 1,59,500 pumps p.a. The Company is an ISO 9001:2015 and IS 14220:1994 certified company certifying the quality of the product it manufactures. It require raw materials like EC Grade, winding wire and cable, stainless steel pipe, electrical sheet stamping, etc. which are procured from various industries from Domestic market.In 2023, the Company expanded Main Object with the approval of Shareholders on dated 30.03.2023 with Solar Pumps & Motors, LED lights and any other ancillary item.

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2024, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp