LG Balakrishnan & Bros Ltd

LG Balakrishnan & Bros Ltd

Company limited by shares (4) 1208+ employees

LG Balakrishnan & Bros Ltd Description

LG Balakrishnan & Bros Ltd was established in the year 1937 and as its headquarters in Coimbatore. They manufacture and sell chains, sprockets, and metal formed parts for automotive applications in India. They build bodies for buses, trucks, and vans the company also are a metal forming company concentrating on hot, warm & cold forging, blanking, fine blanking & precision machined parts. The company was initially started with a fleet of 250 buses but has now grown into India's leading Roller chain manufacturer. They are the first chain manufacturer in India to be awarded the ISO 9001 certification. They have become the first Indian Company to supply Timing Chains to 4 Wheelers. . OEMs in India and is considered to be the largest exporter to the U.S. The company has 17 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. They have a recognized Export House. About 10% of LGB's products are being exported to USA, European countries, Australia, New Zealand, South Africa, Japan, Far & Middle East countries. They have also acquired Fine Blanking technology in Mid ‘80s for manufacturing Chain plates. It further extended its fine blanking division as a separate manufacturing during the late ‘90s, to cater to high OEM demands for Fine Blanked components. Presently, the company is a leading Fine Blanking Manufacturer having about 25 Fine Blanking Presses in operation. To maintain control over quality standards ,the company Ltd has all critical manufacturing in-house. This includes a steel rolling division to produce cold rolled steel strips, wires and strips with profiles. Their tooling division is one of the most modern in the country. This division is equipped with sophisticated CNC wire cutting, spark erosion and Mikron CNC Boring machines for precision and complicated machining. They're focused on innovation and has put places great emphasis on R&D, which has the facility of Pro-E, CAD & CAM. The Government recognized R&D facility is equipped with state-of-the-art equipment for the testing of raw materials and finished products.

LG Balakrishnan & Bros Ltd Overview

INDIA HO
COIMBATORE
COMPANY SIZE
4865+ employees
CIN
L29191TZ1956PLC000257
TYPE
PUBC
CATEGORY
Company limited by shares
SUB-CATEGORY
Indian Non-Government Company
WEBSITE
http://www.lgb.co.in
EMAIL
info@lgb.co.in
FOUNDED
24 Mar,1956
PAID-UP CAPITAL
156,962,080
AUTHORISED CAPITAL
200,000,000
TRADE MARK
ROLON
ACCREDIT
ISO 9001
6 Dealerships
7 Showrooms

Company Breakup

Name share
Public Financial Companies
0.01%
Foreign Holdings
0.59%
Others
0.01%
Bodies Corporate
10.43%
Mutual Funds
11.35%
Individuals
77.53%
Banks
0.03%
Total Number Of Shareholders 17962
Shareholding As On 2015-09-10

Directors of LG Balakrishnan & Bros Ltd

Name DIN Email Designation Date of joining
Vijayakumar Rajvirdhan Unlock to View Unlock to View Director 04 Nov,2010
Thumala Balaji Unlock to View Unlock to View Director 04 Nov,2010
Palanichamy Prabakaran Unlock to View Unlock to View Whole-time director 30 May,2008
Ramani Vidhya Shankar Unlock to View Unlock to View Director 30 May,2008
Rajsri Vijayakumar Unlock to View Unlock to View Director 30 Oct,2006
Palanisamy Shanmugasundaram Unlock to View Unlock to View Director 24 May,2001
Venkatesalu Govindarajulu Unlock to View Unlock to View Director 29 Jun,1998
Sitharaman Sivakumar Unlock to View Unlock to View Director 28 Jun,1996
Balakrishnan Vijayakumar Unlock to View Unlock to View Managing director 25 Nov,1986
Purushothamanaidu Balasubramanian Unlock to View Unlock to View Director 16 Feb,1983

LG Balakrishnan & Bros Ltd deals in:

Components

A component is a part or element that make up a whole machine. In the automotive industry, a vehicle comprises of a number of different components, which when put together, makes up a whole vehicle. Following is the list of the important automotive components:-

Processing Technologies

Process technology is the heart of all industries which involves the production of goods from the raw material. The technology process in the automotive industry comprises of the dies (plastic mold, die casting mold, casting, stamping die and forging die), along with the metal forming process, assembly/welding, surface treatment/heat treatment, industrial application/rubber parts, jig & tools and plastic molded parts as well.

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Financials

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