June
28, 1999
NAME
AISHANI
ELECTRONICS PRIVATE LIMITED
REGISTERED OFFICE / FACTORY
J-488, M.I.D.C. Bhosari, Pune – 411 026, Maharashtra, INDIA
Tel. No. 91-20-77 1141
BRANCH
Nil
HISTORY
The company was incorporated on 22nd October, 1991 at Pune in Maharashtra having Company Registration Number 63707.
LEGAL FORM
It is a Private Limited Liability company.
DIRECTORS
|
Mr. Rakesh B. Sethia |
5, Janates Shah Road, Calcutta – 700 022, West
Bengal, INDIA |
|
Mr. Ravi B. Sethia |
5, Janates Shah Road, Calcutta – 700 022, West
Bengal, INDIA |
|
Mr. Prakash R. Rampuria |
15 Noormal Lohia Lane, Calcutta – 700 007, West
Bengal, INDIA |
|
Mr. Rajkumar R. Rampuria |
15 Noormal Lohia Lane, Calcutta – 700 007, West
Bengal, INDIA |
MAJOR SHAREHOLDERS
|
Name of Shareholder |
No. of Shares |
|
Kamal Rampuria |
9,500 |
|
Shantilal Rampuria |
9,500 |
|
Rajnidevi Sethia |
9,500 |
|
Premlata Sethia |
9,500 |
|
Bharati Sethia |
9,500 |
|
Rakesh B. Sethia |
12,000 |
|
Ravi B. Sethia |
53,000 |
|
Prakash R. Rampuria |
39,000 |
|
Rajkumar R. Rampuria |
38,500 |
BUSINESS
The company is engaged in as manufacturers, assemblers, job workers &/or deal in all types of tape deck mechanism, D. G. micro motors, tape deck cabinets, all types of gang condensers, radio & transistor switches, electronic & electrical instruments & components in all types of tapes, magnetics or otherwise tape recorders, television broadcast, relay & reception equipments and photographs.
The company undertakes assembly of tape deck mechanism.
The company operates from a caption owned office cum factory premises.
The company employs 15 persons in factory and 4 persons in office.
SISTER CONCERNS
Nil
BANKERS
K Canara Bank
AUDITORS
K S. L. Thuse & Associates
Chartered Accountants
FINANCIAL INFORMATION
The company's last financial information for the period ended 31st March, 1995 is enclosed herewith, obtained from Registrar of Companies. Management remained non-cooperative during current investigations.
CAPITAL STRUCTURE
|
Authorised Capital : |
||
|
500,000 |
Equity Shares of Rs.10/- each |
Rs.5.000 millions |
|
|
|
|
|
Issued, Subscribed &
Paid-up Capital : |
||
|
200,000 |
Equity Shares of Rs.10/- each |
Rs.2.000 millions |
COMMENTS
Subject is a well-established company having satisfactory track records. Directors are reported as experienced, respectable and having satisfactory means of their own. No payment records could be available.
The company can be considered normal for business dealings at usual trade terms and conditions.
ABRIDGED BALANCE SHEET AS ON 31ST MARCH, 1995
[figures are in Rupees Millions]
|
SOURCES OF FUNDS |
|
31.03.1995 |
31.03.1994 |
|
SHAREHOLDERS FUNDS |
|
|
|
|
1] Share Capital |
|
2.000 |
2.000 |
|
2] Reserves & Surplus |
|
0.402 |
0.000 |
|
|
|
|
|
|
LOAN FUNDS |
|
|
|
|
1] Secured Loans |
|
1.858 |
1.704 |
|
2] Unsecured Loans |
|
1.368 |
1.179 |
|
|
|
|
|
GRAND TOTAL
|
|
5.628 |
4.883 |
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
4.247 |
3.281 |
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
Inventories |
|
0.253 |
0.128 |
|
Sundry Debtors |
|
0.929 |
0.463 |
|
Cash & Bank Balances |
|
0.000 |
0.013 |
|
Loans & Advances |
|
4.759 |
3.749 |
|
Total Current Assets |
|
5.941 |
4.353 |
|
Less : |
|
|
|
|
Current Liabilities & Provisions |
|
4.590 |
3.457 |
|
Net Current Assets |
|
1.351 |
0.896 |
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
0.030 |
0.706 |
|
|
|
|
|
GRAND TOTAL
|
|
5.628 |
4.883 |
IMPORTANT FINANCIAL INFORMATION FOR TWO PERIODS
[figures are in Rupees Millions]
|
PARTICULARS |
|
31.03.1995 |
31.03.1994 |
|
Sales Turnover |
|
3.946 |
1.862 |
|
[including other income] |
|
|
|
|
|
|
|
|
|
Profit/(Loss) Before Tax |
|
0.810 |
(0.410) |
|
Provision for Taxation |
|
0.000 |
0.000 |
|
Profit/(Loss) After Tax |
|
0.810 |
(0.410) |