July 7, 1999

NAME

BLUE STAR METALS

REGISTERED OFFICE

154-156 Shivsadan, First Floor, 3^rd Kumbharwada, Mumbai – 400 004, INDIA

Tel. No. 91-22-380 7566 / 230 7935

Fax No. 91-22-380 7566

FACTORY

Not applicable

BRANCH

Nil

HISTORY

Subject was established in the year 1995 at Mumbai in Maharashtra as a Sole Proprietory concern.

LEGAL FORM

It is a Sole Proprietorship concern.

SOLE PROPRIETOR

Name	Mr. Vinod Kumar
Age	25 years
Qualification	S.S.C.
Experience	6 – 7 years

BUSINESS

The concern is engaged in as Traders, Importers & Merchant Exporters of Stainless Steel Sheets, Plates, Pipes, Round Bars and Wires.

The concern imports Nickel Plate and Monel Plate from Germany against D/A and CAD terms.

The concern exports Stainless Steel Sheets, Plate Pipes, Round Bars and Wires from Australia, U.A.E. and Saudi Arabia against L/C terms.

The concern’s major customers are Actual Users.

The concern is in trade terms with :

K Lloyds Steel Limited, Mumbai

K Shriram Industrial Enterprise Limited, New Delhi

K Krupp VDM, Germany

K Gulf Engineering Company, Dubai, U.A.E.

The concern operates from a caption rented office premises of 200 sq.ft., where 2 persons are reported to be employed as Office Staff.

SISTER CONCERNS

Nil

MEMBERSHIPS

K Indian Merchants’ Chamber

BANKERS

K Bank of Punjab Limited, Sandhurst Bridge, Churchgate, Mumbai – 400 007, INDIA

[The concern does not enjoy any facilities from its banker]

FINANCIAL INFORMATION

[figures are in Rupees Millions]

PARTICULARS	31.03.1999	31.03.1998
Capital Investment	0.7	NA
Annual Turnover	9.4	9.0

Projected Turnover for Current Year (1999-2000) : Rs.7.6 millions

COMMENTS

Subject is a small trading concern. Proprietor is under-graduate and not much known in business circles. Scale of operation is small. No payment are available.

The concern can be considered for any business dealings on safe and secured trade terms and conditions.