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Lagnam Spintex Ltd.

Lagnam Spintex

NSE

0.00

0.00 (0.00)%

Textiles

Small-cap

With a market cap of ₹18.90L Cr.

Moderate Volatility
Stock is 1.13x as volatile as index
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Subsidiaries

No Data Available

No Subsidiaries Data available

Management

1. Dwarka Prasad Mangal
Chairman
2. Anand Mangal
Managing Director
3. Shubh Mangal
Whole Time Director
3. Shubh Mangal
Executive Director
4. Vijay Singh Bapna
Non Executive Independent Director
5. Jagdish Chandra Laddha
Non Executive Independent Director
6. Dipali Mathur
Non Executive Independent Director
7. Anil Shah
Non Executive Independent Director
8. Rajeev Parashar
Company Secretary

Contact Information

Company Address

A-51-53, Riico Growth Centre, Hamirgarh
Bhilwara, Rajasthan - 311001
www.lagnamspintex.com
rparashar@lagnam.com

Registrar

Bigshare Services Pvt Ltd
Office No S6-2, 6th Floor, Pinnacle Business Park,ext to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093(old address - Bharat Tin Works building, 1st floor, Opp. Vasant Oasis, Andheri East Mumbai - 400 059Tel: + 91 21 626 38200Fax:
Phone: 91-022-62638200
Email: Investor@bigshareonline.com
Website:

Company Profile

The company was originally incorporated on June 11, 2010 as a Private Limited under the name and style of ‘Lagnam Spintex Pvt Ltd’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Jaipur Rajasthan. Subsequently the company was converted into the public company vide special resolution passed by the shareholders at the EGM held on January, 22, 2018 and the name of the company was converted into ‘Lagnam Spintex Limited’.

Business area of the Company

Lagnam Spintex is an ISO 9001:2015 certified Company engaged in the business of manufacture of high quality yarn for domestic and export market ranging from count Ne 4 to Ne 20 which is used in Denim, Terry Towels, Bottom Wears, Home Textiles and Industrial Fabrics etc. The company is presently exporting cotton yarns to countries like Portugal, Italy, Germany, Belgium, South Africa, Slovenia, Columbia, China, Pakistan, Bangladesh and others. It supplies to customers, who are in fields like apparel and garment industry, industrial fabrics, towels, Denims etc. At present, the company is exporting its products to countries, which are expected to grow in forthcoming times thereby offering more scope for the company to develop new markets and to increase its presence accordingly.

The company has been recognised as ‘One Star Export House’ by the Director General of Foreign Trade with a certificate valid from 2017 to 2022. It has also received OEKO Tex certification. It has a dedicated in-house Testing and Quality Control Team which undertakes rigorous testing and quality management. It is one of the few cotton yarn manufacturers globally who have received certification from USTER Technologies AG.

Major events and milestones:

  • 2012: Started commercial production
  • 2013: Started Exports
  • 2014: Completed First expansion
  • 2014: Oekotex Certificate
  • 2014: GOTS Certificate
  • 2015: Completed Second Expansion
  • 2016: Uster Certificate
  • 2017: Awarded Star Export House Certificate
  • 2017: Awarded ISO 9001:2015 certificate in Manufacture & Export of Cotton Yarn
  • 2018: Conversion of Company into Public Limited
  • 2018: Issuance of Bonus Share

 

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