Lawreshwar Polymers Ltd Share Price LAWRESHWAR
|Executive Director||Naresh Kumar Agarwal|
|Chairman||Ramesh Chand Agarwal|
|Managing Director||Raj Kumar Agarwal|
|Independent Director||Preeti Goyal|
|Independent Director||G S Kandoi|
|Company Secretary||Geetika Bisht|
The company was incorporated as a Private Limited Company in the year 1994 with the object of manufacturing of canvas shoes, lightweight hawai chappals & EVA Injection footwear. The status and name of the company was changed to public limited company Lawreshwar Polymers Limited w.e.f. 27.05.1996. The Company is promoted by Shri Raj Kumar Agarwal alongwith Shri Mohan Lal Agarwal and Shri Naresh Agarwal. The Company commenced its production on 11th May 1995 with an installed capacity of 45 Lac pairs per annum and within a span of one year it had been successful in achieving envisaged results and able to establish an effective sales network in Rajasthan as well as other states. The Company has successfully established its brand name LEHAR in the market within a very short period. At present the Company is having an annual installed capacity of 75 Lac pairs of Hawai Chappals, 12 Lac pairs of Canvas shoes and 9.87 Lac pairs of EVA Injected footwear. The Company manufactures a variety of footwear like light weight fancy slippers, PVC and TPR footwear, synthetic leather chappals in addition to Hawai Chappals and canvas shoes. The Company is proposing to diversify its product line by manufacturing of PU Sole Footwear and intend to expand the present EVA manufacturing facilities.
February 2007, the company has entered into capital market. The company has issued 87,12,500 Equity shares to the public. Issue price is Rs.16/- per share.