Lagnam Spintex LtdNSE LAGNAM Stock Report

Lagnam Spintex Ltd. is engaged in the manufacture and trade of cotton and export yarn. The company is headquartered in Bhilwara, Rajasthan. The company went IPO on 2018-09-18. The firm is engaged in the business of manufacture of ring and open end (OE) yarn for domestic and export market ranging from count Ne 4 to Ne 30, which is used in denim, terry towels, bottom wears, home textiles and industrial fabrics. The firm's products include Carded & Combed Ring Spun yarn for Weaving and Hosiery from Ne 20 to Ne 32, Carded (Soft TPI) double yarn in Ne 20 & 24, Open End Yarn for Weaving & Knitting from Ne 6 to Ne 20, Yarn spun on perforated tubes for direct Dyeing (Ring & OE) and Low Twist, High RKM OE yarn. The firm's manufacturing facility is situated at A- 51-53, RIICO Growth Center, Hamirgarh of Bhilwara District in Rajasthan State and it spreads over 48,263 square meters. The firm exports cotton yarns to countries, such as Portugal, Bangladesh, Poland, China, Peru, Germany, Turkey, Mauritius, Malaysia, Korea, Taiwan, Hong Kong and others.