Lippi Systems Ltd, originally established as Lippi Systems Private Ltd in Gujarat, transitioned to a public limited company following a special resolution. The company is engaged in the manufacturing of rotogravure printing cylinders, operating a production facility at the New Ahmedabad Industrial Estate. To support its expansion and working capital needs, Lippi Systems issued 4 million equity shares at Rs. 26 per share on a preferential basis in 2000-2001. This capital raise facilitated an increase in production capacity to 1700 square meters, with commercial production beginning in December 2001. The company's strategic investments in plant and machinery underscore its commitment to scaling operations and enhancing its manufacturing capabilities.
