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Company details

642.00
664.00
399.05
735.55
6M Return 3.12%
1Y Return 43.56%
Mkt Cap.(Cr) 2,041.11
Volume 6,211
Div Yield 2.33%
OI
-
OI Chg %
-
Volume 6,211

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Operating Profit(Cr.)

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PE

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P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 879.39 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 33,180.48 -44,784.10
LAST 3M 85,499.68 -81,579.40
LAST 6M 153,117.76 -223,472.20
LAST 12M 245,441.21 -252,100.45
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Sep 01, 2021 Dividend 100
Mar 05, 2020 Dividend 50

Information

  • About Company
  • Company Info
  • Listing Info
8.82
34.32%
360.744
12.76%
11%
Description
  • L G Balakrishnan & Bros (LGB), one of the leading industries in South India, promoted by G Balakrishnan was established way back in 1937. The company which was started with a fleet of 250 buses, grew into India`s leading Roller chain manufacturer. Since then the company has come a long way, keeping in pace with the technological advancements and meeting its customer needs with newer & innovative solutions. Today, LGB stands proud as the premier manufacturer of both automotive and industrial chains under the popular brand name `ROLON`. LGB is also surging ahead to become a METAL FORMING company concentrating on Hot, Warm & Cold forging, Blanking, Fine blanking & Precision machined parts The companies plant are located at Coimbatore, Dindugal, Bangalore, Mysore and Karur. The companies capacity for Industrial/Automotive Chain, Yarn and Rubber Belts stood at 22200000 Mtrs, 9936 No of spindles and 150000 Nos respectively. The company made a rights issue in July, 1994 in 1:2 ratio and a bonus issue in the ratio of 1:3 was made in November, 1994. The company received ISO 9001 Certification from Det Norske Veritas Germany, in 1993-94. The company has five chain manufacturing plants, all ISO 9001 certified by Underwriters Laboratories Inc., USA. Three of the manufacturing facilities along with the central functions have been registered to ISO/TS 16949 by UL, USA.utomotive and industrial chains under the popular brand name `ROLON`. The company is the first chain manufacturer in India to be awarded the ISO 9001 Certification. The company installed a 1.125 MW wind energy farm comprising five wind mills in 1994-95 During 1997-98 the company took over the operations of Steel Division of M/s Elgi Automotive Services Ltd based at Karur and Wire flattening division of M/s L.G.B. Auto Products located at Karur. Effective from 1st April 1997, M/s LGB Industries was amalgamated with the company Apten forgings pvt ltd, a Bangalore bsed company became subsidiary with effect from 03.07.2003. During 2004-2005, by virtue of scheme of amalgamation approved by, the shareholders at the Extraordinary Meeting held on 07-03.-2005 and the High Court of Judicature Madras vide its order no.3406/05 dated 25-04-2005, the companies wholly owned subsidiary company Apten Forgings Ltd merged with the company. The company also acquired the operations of M/s MGM Industries and Swathe Gears and Heat Treaters, Mysore based frims with effect from 01-06-2004. The acquired divisions are engaged in manufacture of hot forging components. The company acquired shares in LGB Textiles and subsequently the company became wholly owned subsidiary of the company. The company has set up a new facility for manufacture of cold forgings at K. Palayam during the period 2004-2005 The company has disposed of , whole or substantially the whole of the undertaking of Textile Division, Motor Sales & Service Divisions, Bus Body Division, Motor Sports Division, Engineering Division, Power Tools Division, Distribution Division of Mico, Blaupunkt, Elf products and Pre-cured Re-treading operation during the year 2004-2005 with the consent of the shareholders obtained in the AGM held on 28-07-2004. During 2005-2006, A Letter of Offer for subscription in equity shares of Rs.10/- each at a premium of Rs.25/- aggregating an amount not exceeding Rs.10 crores is received from LGB Textiles Ltd. The Directors of the company explained the the companies inability to subscribe to the offer at present owing to the proposed expansion programmes ahead. Hence it is proposed to renounce the rights in favour of any willing investors at the best possible premium, if any, for such renuncation.

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Registered Address

6/16/13 Krishnarayapuram Road, Ganapathy, Coimbatore, Tamil Nadu, 641006

Tel : 91-0422-2532325
Email : info:igb.co.in
Website : http://www.lgb.co.in

Registrar

Cameo Corporate Services Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500250
NSE Code : LGBBROSLTD
Book Closure Date (Month) : Jul
BSE Group : B
ISIN : INE337A01034

ICICIdirect L G Balakrishnan & Bros Ltd FAQ

You can buy L G Balakrishnan & Bros Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy L G Balakrishnan & Bros Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jul 07, 2022 01:17 PM the closing price of L G Balakrishnan & Bros Ltd was ₹ 650.20.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Jul 07, 2022 01:17 PM, the market cap of L G Balakrishnan & Bros Ltd stood at ₹ 2,041.11.
The latest PE ratio of L G Balakrishnan & Bros Ltd as of Jul 07, 2022 01:17 PM is 8.82
The latest PB ratio of L G Balakrishnan & Bros Ltd as of Jul 07, 2022 01:17 PM is 0.56
The 52-week high of L G Balakrishnan & Bros Ltd is ₹ 735.55 while the 52-week low is ₹ 399.05 .

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