April
23, 1999
NAME
PUMA
STATIONERY PRIVATE LIMITED
REGISTERED OFFICE / FACTORY
24/1 Di Mologo De Orora, Corlim, Ilhas, Goa – 403 110, INDIA
Tel. No. 91-832-285 005
Fax No. 91-832-285 067
BRANCH
611 Bonanza, Sahar Plaza Complex, M. V. Road, Andheri (East), Mumbai – 400 059, INDIA
HISTORY
The company was incorporated on 6th May, 1997 at Goa having Company Registration Number 24-2335.
LEGAL FORM
It is a Private Limited Liability company.
DIRECTORS
|
Mr. George Paul |
|
Mr. Vinay Ranade |
|
Mr. Anup Rana |
|
Mr. Mohammed Ramzi Bin Yunus |
|
Count Andreas Wolfgong Graf |
|
Y. P. Toh |
MAJOR SHAREHOLDERS
Mr. Vinay Ranade 100 shares
Mr. George Paul 100 shares
Mr. Anup Rana 100 shares
BUSINESS
The company was incorporated in collaboration with A. W. Faber Castell (M) Sdn Bhd, Malaysia for manufacturing of Erasers.
The eraser project in Goa will cost Rs.33 millions. The company commenced commercial production in April, 1998.
The company operates from a caption owned office premises. Caption factory of the company is partly owned and partly on lease.
SISTER CONCERNS
Not available
BANKERS
K Corporation Bank, Marol Branch, Andheri (East), Mumbai – 400 059, INDIA
[The company enjoys various facilities amounting to Rs.11.036
millions from its banker]
AUDITORS
K Madhu S. Bhatkande & Company
Chartered Accountants
Mahim, Mumbai – 400 016, INDIA
FINANCIAL INFORMATION
The company has started commercial production in April, 1998. No annual returns have been filed.
CAPITAL STRUCTURE
|
Authorised Capital : |
||
|
1,000,000 |
Equity Shares of Rs.10/- each |
Rs.10.000 millions |
|
|
|
|
|
Issued, Subscribed &
Paid-up Capital : |
||
|
300 |
Equity Shares of Rs.10/- each |
Rs.0.003 million |
COMMENTS
Subject is a new company for the manufacture of erasers. It has technical and financial collaboration with A. W. Faber Castell (M) Sdn Bhd, Malaysia.
Directors are reported as experienced, respectable and having satisfactory means of their own. Their trade relations are fair. The company has not commenced business till last report came.
The company can be considered normal for business dealings at usual trade terms and conditions.
ABRIDGED BALANCE SHEET AS ON
31ST March, 1998
[figures are in Rupees Millions]
|
SOURCES OF FUNDS |
|
|
31.03.1998 |
|
SHAREHOLDERS FUNDS |
|
|
|
|
1] Share Capital |
|
|
0.003 |
|
2] Share Application Money |
|
|
3.645 |
|
3] Reserves & Surplus |
|
|
0.000 |
|
|
|
|
|
|
LOAN FUNDS |
|
|
|
|
1] Secured Loans |
|
|
11.036 |
|
2] Unsecured Loans |
|
|
14.321 |
|
|
|
|
|
GRAND TOTAL
|
|
|
29.005 |
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
27.174 |
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
Inventories |
|
|
0.562 |
|
Sundry Debtors |
|
|
0.000 |
|
Cash & Bank Balances |
|
|
0.489 |
|
Loans & Advances |
|
|
2.975 |
|
Total Current Assets |
|
|
4.026 |
|
Less : |
|
|
|
|
Current Liabilities & Provisions |
|
|
3.089 |
|
Net Current Assets |
|
|
0.937 |
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.843 |
|
|
|
|
|
|
PROFIT & LOSS ACCOUNT |
|
|
0.051 |
|
|
|
|
|
GRAND TOTAL
|
|
|
29.005 |