Laxmipati Engineering Works Ltd. Company History and Annual Growth Details

The Company was incorporated as "Si. Vi. Shipping Corporation Private Limited" under the provisions of the Companies Act, 1956 vide certificate of incorporation dated February 07, 2012 bearing registration no. 068922, in Surat, Gujarat. Subsequently, the Company was converted into a public limited company vide fresh certificate of incorporation dated December 20, 2013 and consequently the name of the Company was changed to "Si. Vi. Shipping Corporation Limited".

Key Events and Milestones

2011-2012
- The Company was Incorporated

2012-2013
- the company bagged prestigious order for fabrication and erection of aluminium hull of high-speed boats on competitive basis from M/s L&T of Rs. 5.11 crores

2012-2013
- the company took over almost 60% of total fabrication outsourced by L&T

2012-2013
- the company took over operation of modern CNC machine for preparation of fabrication material for M/s L&T

2013-2014
- Company has entered into an MOU with M/s Cork Dockyards Ltd (CDL) which is part of Burke Shipping Group, Ireland

2013-2014
- Conversion into a Public Limited Company
-Company has changed its name from SI VI Shipping Corporation Ltd to Siddhi Vinayak Shipping Corporation Ltd.

2015-2016
- Siddhi Vinayak Shipping Corporation Ltd has "Change in the logo of the Company".

2018
-Company name changed to L P Navel and Engeering Ltd. from Siddhi Vinayak Shipping Corporation Ltd..

2021
-Company name changed to Laxmipati Engineering Works Ltd. from L P Navel and Engeering Ltd..

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