Latteys Industries Limited
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Latteys Industries Limited is Gujarat based company engaged in production of pumping solutions for retail customers as well as industrial sectors. The company started operating from Chatraal, Gujarat and then moved to Naroda Gujarat. Company has around 80 employees to serve the demand generated by customers and clients.
Date of establishment: The company was incorporated in April 2nd, 2013 in Gujarat
Promoters of Latteys Industries Limited: Kapoor Chand Garg and Pawan Garg are the promoters of the company.
Products and Services: The company mainly manufactures pumping solutions for homes, agriculture & industrial sectors. The company has around 700 models of pumps, this includes Submersible, Self-Priming, Centrifugal, Shallow, Horizontal Pumps and many more other types.
Customer segments: The company serves both Domestic and Industrial sectors through its product portfolio
Objectives of the Issue: The main of objectives of the IPOs are:
- Meeting the working capital requirements of the Company
- General corporate purposes.
Company Financials:
Particulars |
For the year/period ended (in Rs. Millions) |
|||||
31-Mar-17 |
31-Mar-16 |
31-Mar-15 |
31-Mar-14 |
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Total Assets |
2611.95 |
2014.35 |
1466.07 |
1255.35 |
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Total Revenue |
3577.44 |
2605.11 |
2153.37 |
1855.66 |
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Profit After Tax |
55.62 |
31.09 |
13.98 |
14.09 |