The name of this pioneer educational institute epitomises the idealistic striving of its founding fathers who were residents of Vile Parle(E),Mumbai-400 057 towards erecting a memorial of Lokmanya Tilak in the form if an educational institute. After Lokmanya Tilak passing away in 1920,on 9 June 1921 the school started with four students in the backyard of late Shri Dadasaheb Paradhi.Late Shri Paradhi's handsome donation and late Shri Tatyasaheb Paranjape's donation a plot of land measuring 966 square meters made it possible to construct the school building.Many a resident of Vile Parle with their relentless, selfless efforts involving even sacrifice in terms of money have contributed to the growth of this institute.Late Shri M.V.Baburao Paranjape and Late Shri S.G.Babasaheb Pethe took the institute to the pinnacle of success in the field of education. Dedicated efforts of late Shri B.G.Ganu, late Shri M.P.Patwardhan, late Shri Pethe, late Shri S.V.Sathaye, late Shri S.H.Bakalkar and many other residents of Parle were also instrumental in the expansion of the institute from kindergartern to post-graduate and research centres.

            Well-equipped buildings, playgrounds, laboratories, computer labs and other educational aids and facilities have enabled students to achieve success in curricular, co-curricular and extra-curricular activities.These students have attained high positions in India and abroad.