MIRA INFORM REPORT

 

 

Report Date :

15.02.2007

 

IDENTIFICATION DETAILS

 

Name :

TESPA TOOLS PRIVATE LIMITED

 

 

Registered Office :

D-105, First Main Road, Anna Nagar East, Chennai-600 102, Tamilnadu

 

 

Country :

India

 

 

Financials (as on) :

31.03.2005

 

 

Date of Incorporation :

04.07.1983

 

 

Com. Reg. No.:

18-10122

 

 

CIN No.:

[Company Identification No.]

U29130TN1983PTC010122

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

CHET06020A

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Manufacturer of the following machine parts

 

Ø       Manufacturing Precision Machined components for Engineering/ Auto Industries for the domestic market    needs.  LUCAS TVS, ILJIN AUTOMOTIVE, ASHOK LEYLAND are prominent customers in India.

 

Ø        Manufacturing Precision Machined Parts and export to USA.

 

Ø        Manufacturing of Precision components for Space Department ISRO.

 

Ø        TESPA Electronic Factory manufactures the Electronic Dynamo Regulators, and all types of PCB assemblies and Electronic gauging systems

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

USD 25000

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

Comments :

Subject is a well established company having satisfactory track. Trade relations are fair. Financial position is satisfactory. Payments are correct and as per commitments

 

The company can be considered good for any normal business dealings at usual trade terms and conditions.

 

 

LOCATIONS

 

Registered Office :

D-105, First Main Road, Anna Nagar East, Chennai-600 102. India.

Tel. No.:

0091-44- 26635191, 26630569, 26631820 

Fax No.:

0091-44- 26634575       

E-Mail :

tech@tespaindia.com

Website :

http://www.tespaindia.com

 

 

Factory  :

Ø       Plant I in Ambattur Industrial Estate in Chennai, manufactures Mechanical Parts.

Ø       Plant II in Ambattur Industrial Estate where Electronic Assemblies are done.

Ø       Plant III is located at Industrial suburbs of Chennai in Gummidipoondi. In-Process and Post process gauging systems and gauges, Multigauging Fixtures and systems with computerized quality control station are manufactured.

Ø       Calibration Centre in Annanagar at Chennai does the calibration works and servicing of metrology equipments. 

Ø       TESPA Institute of Quality Management is at Sidco Aiema Towers, Ambattur, Chennai where training takes place at regular intervals

 

 

Branches :

Bangalore,Coimbatore, Delhi, Hyderabad and Pune.

 

 

DIRECTORS

 

Name :

Mr. Kolyar Sudeendra Shetty

Designation :

Director

Address :

W-377, East Main Road, Anna Nagar West Extn. Chennai – 600101, Tamilnadu, India

Date of Birth/Age :

18/03/1948

Date of Appointment :

04/071983

 

 

Name :

Mrs. Ashritha Shetty

Designation :

Director

Address :

W-377, East Main Road, Anna Nagar West Extn. Chennai – 600101, Tamilnadu, India

Date of Birth/Age :

13/04/1954

Date of Appointment :

04/07/1983

 

 

Name :

Mr. S. Sujith Shetty

Designation :

Director

Address :

W-377, East Main Road, Anna Nagar West Extn. Chennai – 600101, Tamilnadu, India

Date of Birth/Age :

17/08/1979

Date of Appointment :

04/07/1983

 

 

MAJOR SHAREHOLDERS

 

Names of Shareholders

No. of Shares

Mr. Kolyar Sudeendra Shetty

7000

Mr. Ashirtha Shetty

5000

Mr. S. Sujith Shetty

1500

Total

13500

 

 

BUSINESS DETAILS

 

Line of Business :

Manufacturer of the following machine parts

 

Ø       Manufacturing Precision Machined components for Engineering/ Auto Industries for the domestic market    needs.  LUCAS TVS, ILJIN AUTOMOTIVE, ASHOK LEYLAND are prominent customers in India.

 

Ø        Manufacturing Precision Machined Parts and export to USA.

 

Ø        Manufacturing of Precision components for Space Department ISRO.

 

Ø        TESPA Electronic Factory manufactures the Electronic Dynamo Regulators, and all types of PCB assemblies and Electronic gauging systems

 

 

GENERAL INFORMATION

 

 

 

No. of Employees :

Total 140

 

 

Bankers :

Tamilnadu Industrial Investment Corporation Limited

86 C & D, Ii Main Road, Ambattur Industrial Estate, Chennai – 600058, Tamilnadu, India

 

 

 

 

Banking Relations :

Satisfactory

 

 

Auditors :

 

Name :

Jagannathan and Sarbeshwaran

Chartered Accountants

 

Address  :

Mylapore, Chennai – 600004

 

CAPITAL STRUCTURE

 

 

Authorised Capital :

No. of Shares

Type

Value

Amount

15000

Equity Shares

Rs. 100 each

Rs. 1.500 millions

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

13500

Equity Shares

Rs. 100 each

Rs. 1.350 millions

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

 

31.03.2005

31.03.2004

31.03.2003

SHAREHOLDERS FUNDS

 

 

 

1] Share Capital

1.350

1.350

1.350

2] Share Application Money

0.150

0.000

0.000

3] Reserves & Surplus

4.811

3.835

3.258

NETWORTH

6.311

5.185

4.608

LOAN FUNDS

 

 

 

1] Secured Loans

12.161

8.808

8.161

2] Unsecured Loans

0.606

0.532

0.255

TOTAL BORROWING

12.767

9.340

8.416

DEFERRED TAX LIABILITIES

0.987

0.782

0.763

 

 

 

 

TOTAL

20.065

15.307

13.787

 

 

 

 

APPLICATION OF FUNDS

 

 

 

 

 

 

 

FIXED ASSETS [Net Block]

13.928

9.747

8.103

Capital work-in-progress

 

 

 

 

 

 

 

INVESTMENT

--

--

--

DEFERREX TAX ASSETS

 

 

 

 

 

 

 

CURRENT ASSETS, LOANS & ADVANCES

 

 

 

 
Inventories
2.837

3.261

3.026

 
Sundry Debtors
9.950

8.923

7.453

 
Cash & Bank Balances
1.248

1.727

0.805

 
Other Current Assets
0.000

0.00

0.000

 
Loans & Advances
2.408

1.867

1.694

Total Current Assets
16.443

15.778

12.978

Less : CURRENT LIABILITIES & PROVISIONS
 

 

 

 
Current Liabilities
10.306

8.611

5.827

 
Provisions
0.000

1.607

1.467

Total Current Liabilities
10.306

10.218

7.294

Net Current Assets
6.137

5.560

5.684

 

 

 

 

MISCELLANEOUS EXPENSES

--

--

--

 

 

 

 

TOTAL

20.065

15.307

13.786

 


PROFIT & LOSS ACCOUNT

 

PARTICULARS

 

31.03.2005

31.03.2004

31.03.2003

Sales Turnover [including other income]

43.805

37.119

32.698

 

 

 

 

Profit/(Loss) Before Tax

1.308

0.735

0.525

Provision for Taxation

--

0.159

0.905

Profit/(Loss) After Tax

1.308

0.576

0.379

 

 

 

 

Export Value

NA

4.734

2.875

 

 

 

 

Import Value

NA

12.333

8.204

 

 

 

 

Expenditures :

 

 

 

 

Interest

1.060

1.645

 

Depreciation & Amortization

0.226

1.221

32.173

 

Other Expenditure

42.497

36.384

 

Total Expenditure

43.783

39.250

32.173

 

 

KEY RATIOS

 

PARTICULARS

 

 

31.03.2005

31.03.2004

31.03.2003

PAT / Total Income
(%)
2.99

1.551

1.159

 
 
 

 

 

Net Profit Margin

(PBT/Sales)

(%)

2.99

2.020

1.630

 

 

 

 

 

Return on Total Assets

(PBT/Total Assets}

(%)

4.31

2.879

2.490

 

 

 

 

 

Return on Investment (ROI)

(PBT/Networth)

 

0.21

0.141

0.113

 

 

 

 

 

Debt Equity Ratio

(Total Liability/Networth)

 

3.66

3.772

3.409

 

 

 

 

 

Current Ratio

(Current Asset/Current Liability)

 

1.60

1.544

1.779

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Business

 

To conduct and carry on the business of manufactures, traders, dealers, agents  of all description, importers, exporters, designers, fabricators of precision machine tools, accessories, components, special purposes machines, spares, appliances, Jigs, fixtures, attachments, industrial filters, sub assemblies and numerically controlled machines and devices in  the fields of mechanical, electrical, civil, chemical, electronic engineering and also in the fi8lds of agricultural, dairy, poultry farming.

 

Subject exports and imports machine parts.


 

Bankers Charges Report as per Registry

 

 

Name of the company

TESPA TOOLS PRIVATE LIMITED

Presented By

Thiru P. Subramaniam, Branch Manager TIIC, Thiruvellore Branch, 86 C & D, II Main Road, Chennai – 600058

1) Date and description of instrument creating the change

Mortgage by deposit title deeds by the company on 26.03.2004 in favour of the Tamilnadu Industrial Investment Corporation Limited for its Ii Term Loan of Rs. 1.980 Millions and CLCS of Rs. 0.238 Millions with the Tamil Nadu Industrial Investments  Corporation Limited No. instrument executed.

 

Unattested hypothecation deed dated 26.03.2004 its II term loan Rs. 1.980 Milliona dn CLCS of Rs. 0.238 Millions engrossed in Rs. 20/-

Non-Judicial Stamp paper

[both 1 & 2 relate to same charge.]

2) Amount secured by the charge/amount owing on the securities of charge

Rs. 1.980 Millions as II Term Loan and Rs. 0.238 Millions as Credit Linked Capital Subsidy.

3) Short particular of the property charged. If the property acquired is subject to charge, date of the acquired of the property should be given

All the land and premises present and future situated at No 261, GNT Road, Puduvoyal Post, Chinnambedu Village, Ponneri Taluk, Thiruvellore District, comprised in survey no. 3/3, 4/1 Chinnambedu Village, Ponneri Taluk, Thiruvellore District.

 

All and singular that plant and machinery erected or to be erected on the above lands.

 

Floating charge on all the remaining movable assets of the company including book debts subject to prior charges of the company’s bankers for working finance requirement.

4) Gist of the terms and conditions and extent and operation of the charge.

Under the equitable mortgage / hypothecation deed 

 

For Rs. 1.980 Millions. The sum of Rs. 1.980 Millions is repayable in 18 quarterly installments. The first 6 instilments of Rs. 0.130 Millions each the next 6 installments of Rs. 12.000 Millions each, and last 6 installments of Rs. 0.080 Millions each.

 

If the subsidy is not released in advance by SIDBI, then the CLCS subsidy in indicated in a Means of Finance shall be released as Term Loan till such time the claim is reimbursed form SIDBI and it well carry interest as application to term loan. As and when the claim is received the same shall be adjusted towards this term loan.

 

First installments of principal will being immediately on the first day of succeeding month after the expiry of 6 months form the date of first disbarment as will be applicable bedsides the quarterly interest and subsequent installment of   principal every quarter there after.

 

The rate of interest for the term loan will be 11.5 % p.a.

 

However in case of default amount for the defaulted period.

 

No credit in interest will be paid for the amount of principal or interest paid earlier except in these cases where the loans have been fully repaid or the fully payment of installment of principal or interest is made more than sixty days before the due date.

 

The interest is payable in quarterly rests on 28th or 29th February, 31st May, 31st August and 30th November.   As will be applicable taking into consideration the date of first disbursement.

5) Name and Address and description of the person entitled to the charge.

Tamilnadu Industrial Investment Corporation Limited

86 C & D, Ii Main Road, Ambattur Industrial Estate, Chennai – 600058, Tamilnadu, India

6) Date  and brief description of instrument modifying the charge

--

7) Particulars of modifications specifying the terms and conditions or the extent of operations of the charge in which modification is made and the details of the modification.

--

 

 

Corporate identity number of the company

U29130TN1983PTC010122

Name of the company

TESPA TOOLS PRIVATE LIMITED

Address of the registered office or of the principal place of  business in India of the company

D-105, First Main Road, Anna Nagar East, Chennai-600 102, Tamilnadu

This form is for

Creation of charge

Type of charge

Hypothecation

Equitable mortgage or mortgage of property by deposition the title deeds

Particular of charge holder

Tamilnadu Industrial Investment Corporation Limited

86 C & D, Ii Main Road, Ambattur Industrial Estate, Chennai – 600058, Tamilnadu, India

tiruvallur@tiic.org

Nature of instrument creating charge

Equitable Mortgage

Deed of Hypothecation

Date of instrument Creating the charge

28.06.2006

Amount secured by the charge

Rs. 2.800 Millions

Brief of the principal terms an conditions and extent and operation of the charge

For Rs. 2.800 Millions payable in 16 installment of Rs. 0.175 Millions each. The interest rate will be 11.00 % p.a. the interest is payable in quarterly rests on 28th or 29th February, 31st May, 31st August and 30th November.  

Description of the property charged indicating whether it is a charged on

Immovable property

Plant and machinery

Furniture and fixture

Particulars of the property charged

All the land and premises present and future situated at No. 261, GNT Road, Puduvoyal Post, Chinnambedu Village, Ponneri Taluk, Thiruvellore District, comprised in survey no. 3/3, 4/1 Chinnambedu Village, Ponneri Taluk, Thiruvellore District.

 

 

AS PER WEBSITE

 

TESPA - Technocrat Engineered Special Production Aids is well known throughout industry in India for over two decades. TESPA is promoted by Technocrat Mr. K S Shetty, Graduate Engineer of College of Engg, Guindy, Chennai in the year 1974. TESPA has three manufacturing facilities, two Calibration Labs and a Training Centre and a Metrology Division Marketing and Service with Application Engg Support for Inspection and Quality Control systems. TESPA has built up an enviable reputation for "Quality in Measure". 'TESPA'  products include Inprocess gauging & inspection system and post process gauging and inspection system, which include Multigauging with computerized SPC systems.


TESPA products are in use in most major industries- Automotive, Aircraft, Defence, Textile Processing Industry and General Engineering numbering over 750 large and medium industries, besides a few overseas ones.


Dedicated to the support of quality control operations in every type of industry, TESPA offers a family of products ranging from Inprocess grinding gauges, Multigauging with fully automatic gauging systems with application SPC software. Besides, they support and market Electronic Micrometer & Caliper, Metroscope, Electronic height gauges, Internal measuring micrometer and other hand held measuring instruments.  TESPA has expanded in the years and has four divisions of operations.

 
If you have a measuring problem or would like to know about the latest aids to quality control, please contact us.  Their team of engineers from Design, Application & Production departments would be pleased to see how they could solve the measuring problems.  As in the past they had many opportunities of demonstrating their skills in the field of complete measuring device. 
MANUFACTURING


Three factories having area of total Sq. ft 24’000/-.


Have three Vertical Machining Centre, Grinding machines and all other conventional machines.


Manufacturing Precision Machined components for Engineering/ Auto Industries for the domestic market   needs.  LUCAS TVS, ILJIN AUTOMOTIVE, ASHOK LEYLAND are prominent customers in  India.


Manufacturing Precision Machined Parts and export to USA.


Manufacturing of Precision components for Space Department ISRO.


TESPA Electronic Factory manufactures the Electronic Dynamo Regulators, and all types of PCB
 assemblies and Electronic gauging systems.

 

 

INPROCESS  GAUGES DIVISION


TESPA In-process Gauging systems for Grinding Machines are engineered to establish new perfect Quality Standards and provides an extremely accurate method of continuous inspection and size control during grinding. TESPA Inprocess Grinding gauge is available for Cylindrical Grinding, Internal Grinding, Surface Grinding and Centerless Grinding. When fitted with Special Calipers it also measures interrupted surfaces such as diameters with key ways, knurls and Splines.

 

METROLOGY DIVISION

Precise  Measuring instruments & systems, Multigauging systems & fixtures with SPC softwares are designed and manufactured to meet customers specific requirements. Inprocess and post process computerized inspection stations with automatic SPC output is designed and manufactured with electronic transducers and electronics from Brown & Sharpe TESA Switzerland. The Mechanical design and manufacturing is from their in house CAD engineering facility.  TESPA INDIA markets electronic micrometers, dial gauges and other measuring hand tools.

CALIBRATION LABORATORY - NABL ACCREDITATION LAB

Supplies of the Metrology products alone do not complete the support to customers. To extend the service better, TESPA realized to have a TESPA CALIBRATION LABORATORY equipped with high precision Calibration Equipments of leading brands like BROWN & SHARPE TESA, MICROREP etc…TESPA is accredited by the National Accreditation board of Lab in India -NABL. TESPA is the only accredited Lab in the field of Dimensional Metrology in this part of the country.

TESPA INSTITUTE OF QUALITY MANAGEMENT

TESPA believes on Continuous improvement for which on-going Training Programmes is essential. Training is conducted for customers and this made TESPA to be a One-stop-shop in the field of Metrology. TESPA Institute of Quality Management (TIQM) conducts regular training programmes on CALIBRATION, SPC, FMEA etc. and Quality related areas. TESPA conducts tailor-made training programs to suit customer requirements.

Agency Division

Mechanical and Electronic hand tools ranging from Electronic Calipers, Micrometers, Bore gauges, Electronic Height gauges, Slip gauges, Comparators, Single and Multi station SPC, Slip gauge calibrators, Gauging Transducers from Brown & Sharpe TESA Switzerland besides Universal length measuring machines DMS 680 from MICROREP Italy. 

Location

Head quarters and Customer support Offices:  

Head Office  D-105, Ist Main Road, Anna Nagar East, Chennai - 600 102, India.

Branches at Bangalore,Coimbatore, Delhi, Hyderabad and Pune.


Manufacturing plants

 

Plant I in Ambattur Industrial Estate in Chennai, manufactures Mechanical Parts.

Plant II in Ambattur Industrial Estate where Electronic Assemblies are done.

Plant III is located at Industrial suburbs of Chennai in Gummidipoondi. In-Process and Post process gauging systems and gauges, Multigauging Fixtures and systems with computerized quality control station are manufactured.

Calibration Centre in Annanagar at Chennai does the calibration works and servicing of metrology equipments. 

TESPA Institute of Quality Management is at Sidco Aiema Towers, Ambattur, Chennai where training takes place at regular intervals.

Inprocess Gauging

Multigauging

SPC System and 
Software

 

Manufacturers worldwide depend on Inprocess gauging in their pursuit of excellence in order to improve productivity and reliability and to save time and cost.

New TESPA In-process Gauging Systems for Grinding Machines are engineered to establish new perfect Quality Standards and provides an extremely accurate method of continuous inspection and size control during grinding.

TESPA Inprocess Grinding gauges are available for any make of 

 

·       Cylindrical Grinding,

·       Internal Grinding, 

·       Surface Grinding,

·       Centerless Grinding,

When fitted with Special Calipers it also measures interrupted surfaces such as diameter with key ways, knurls and splines.

Special Features:

·       It is independent of the sizing controls of the machine.  It eliminates rejection. No resetting required after wheel dressing.  It has high degree of repeatability & reliability.

·       Retrofit of the Tespa Electronic Gauge on any grinding machine is done in a matter of 60 mins. without disturbing any Hydraulic or Electrical controls.  It is fitted externally on the grinding machine.

·       The automatic control with wheel retraction increases production by over 30%. 

INPROCESS CYLINDRICAL GRINDING GAUGE 
SWING ARM

Retrofitted in any make of cylindrical and crankshaft grinding machine.  The measuring frame is suspended from the wheel head housing by a hydro spring dashpot.  It is used in all makes of cylindrical crankshaft grinding machine for plunge and traverse grinding with automatic size control and wheel retraction.

INPROCESS CYLINDRICAL GRINDING GAUGE
TABLE MOUNTED 

Inprocess size control during the machining of cylindrical work piece with table mounted and automated cycle.  The actual dimensions are set on two probing fingers and the measured values are transmitted to the control unit, and at the same time a corresponding control signal is given to the machine for wheel retraction and retraction of the measuring unit takes place simultaneously.

INPROCESS CYLINDRICAL GRINDING GAUGE FOR
CENTERLESS GRINDING

Retrofitted on any make of centerless grinding machine.  Inprocess size control during the machining of cylindrical work pieces in centerless grinding machines are for plunge and through feed.

INPROCESS CYLINDRICAL GRINDING GAUGE FOR
INTERRUPTED OUTER DIAMETERS

Special Type of calipers are used for different geometric configurations and diameters e.g., Splines, Keyway, Reamers.  After the preset value is reached the gauge gives a signal to the machine for the wheel to retract used in any make of cylindrical Crankshaft grinding machine.

                      

INPROCESS CYLINDRICAL GRINDING GAUGE FOR SURFACE GRINDING AND INTERNAL DIAMETERS ARE ALSO MANUFACTURED

A few of their Multigauging System

Designed and manufactured at their factory with Brown & Sharpe Tesa probes, elements & softwares.

Computerised SPC Multigauging station 
with 36 probes (parameters) for AUTOMOBILE LINERS both OD and  ID inspection and groove width and diameter inspection simultaneously.

Multigauging station for STEERING COLUMN.

 Multigauging inspection of AUTOMOBILE PISTON with inbuilt printer and SPC output.

Multigauging inspection ofAUTOMOBILE CONNECTING ROD with inbuilt printer and SPC output.

Multigauging system for GEAR INSPECTION. 

Tespa Car Blower Motor Tester.

Tespa Tools offers solutions for the  requirements of the customer in the field of Statistical Process Control systems for any type of component. From a single parameter to 64 parameter can be inspected in a few seconds and classified as good, bad and rework. The System includes;

·         Measuring Instruments or gauges with digital output

·         Data transfer devices

·         Computer for the data acquisition and results display

·         On-line Measuring software with SPC features

·         Results processing Software for data reprocessing 

·         Higher end Management SPC Software

·         Necessary hardware components 

·         Multigauging fixtures designed and manufactured by Tespa Tools

The SPC implementation program is taken as a TURNKEY PROJECT by M/s. Tespa with the time bound activity and the support is provided continuously. The major part of the project covers on training at various levels.

Tespa's SPC/SQC implementation program will carry two levels or layers of activities.

Level 1: Gauging level.
Level 2: Processing Level.

The following softwares are widely used for SPC application

TESA PROCONTROL  
TESA PROGAGE  

TESA STAT 1000 

-Online Multigauging Systems
-Online SPC with measuring
  instruments           
-Results Reprocessing Software

Some of the features of the software

·         Numerical value display

·         Bar Graphical display

·         X Bar / R Chart with Histogram

·         Histogram with probability plot

·         On-line Protocol

·         Go/No-go Display

·         Calculation of Complex problems and equations

Some of the areas of applications are 

·         Piston

·         Connecting rod

·         Liners

·         Shaft

·         Gears

·         Crankshafts

·         CV joints

·         Ball joints

·         Discs

·         Complex drive shafts

·         Couplings axle shafts

·         Others

Tespa Calibration Centre is accredited by National Accreditation Board of Laboratory. It is equipped with the latest metrology facilities imported from Brown&Sharpe TESA, Switzerland & England, Microrep, Italy and Browne & Sharpe USA. The Calibration Centre is staffed by experienced specialists and includes computerized calibration of Slip Gauge Blocks, Plug & Thread Gauges, Dials, Calipers, Micrometers, thread and Ring gauges, Surface Plates and others. On a single source basis they provide calibration for Torque, Temperature and Pressure.

TESPA established the Lab in Bangalore in the year 2003 and recommended by NABL for accreditation.

Their A/C mobile calibration van undertakes calibration at customer end on request, which is the first of its kind in India.

Some of the major master equipments available in calibration centre.

·         Tesa UPC computerised Slip gauge calibrator - Brown & Sharpe Tesa Switzerland

·         DMS 680 Metroscope - Universal length measuring system for calibration - Microrep, Italy

·         Microhite - Microprocessor based 2-coordinate electronic height gauges -  Brown & Sharpe Tesa Switzerland

·         DG 25 computerised dial gauge calibrator - Microrep, Italy

·         Step gauge for calibration of height gauges - Tesa RSD UK

·         Coordinate Measuring Machine(CMM) - Brown & Sharpe USA

·         Slip gauges - Tesa RSD England 

·         Rugosurf - surface roughness tester from Brown & Sharpe Tesa Switzerland

·         Micro bevel - electronic level for surface table calibration from Brown & Sharpe Tesa Switzerland

·         Polo horizontal measuring bench from Brown & Sharpe Tesa Switzerland

·         Dummy probes for calibration of electronic probes - Brown & Sharpe Tesa Switzerland

Tespa Institute of Quality Management 

Their training courses are tailored to industry needs. Unlike other training organization they offer the personal touch. All courses are designed with hands on experience with instruments and do it & solve self exercises.

 Types of courses offered include calibration techniques, Inspection techniques, SPC,  FMEA and  Quality audit. Besides specialized courses to suit customer needs and tailored   to their  requirements covering every aspect of Quality.

 They have highly experienced staff and have enrolled experienced consultants who do take  sessions in specialized areas. This makes TESPA one stop Shop for quality.

To bridge the cost gap between the world renowned TESA MICROHITE 2D Height gauge and the expensive CMM available in today’s market, TESA MICROHITE 3D exactly falls in between this without any compromise in the 3D measurement capability The key features of the TESA MICROHITE 3D are

 

 

- The CMM, which is Ergonomically, designed.

- As much as 22 Air Bearing to ensure a frictionless motion of the three axis within the machine volume.

- Bench Top model

- No need for a restricting computer in Industrial Applications and use of REFLEX APPLICATION SOFTWARE. Hence Operator need   not to be an expert.

- The REFLEX Application is up gradable any point of time.

- Patented Glass scales along with the non-contact, opto-electronic sensors.(Same concept which is used over 20 years in TESA 2D   MICROHITE)

- Slant Bridge Technology to have a better dynamics ensuring self-stabilised guidance

- TESASTAR Probe

- Wide range of Swiss made Styli available up to 0.5mm ball probe.

- By attaching a CCD camera (option) it can be used as Non-contact Inspection system

- Optional availability of TESA STAR –I Probe to enable the indexing of probe for every 15 degrees

- With the REFLEX SCAN Software one can scan the part profile and can take the images in CAD. They can Offer you the REFLEX   SCAN SOFTWARE which can give the   data in DXF format

 

TESA-VISIO 300 or 300 DCC - MASTERY OF VISION

 

 

With the new step taken by TESA with the introduction of their TESA-SCAN product family for non-contact measurement, the need for developing TESA-VISIO like systems as a further contribution to quality control appears as the next logical step to the company. So to complement, extend and enhance this product line, TESA have engineered a new line of high precision machines, including the innovative TESA-VISIO 300 available today in three different models. Each model comes equipped with a 300 x 200 mm coordinate stage.


1 Manual video machine provided with TESA-VISTA – the software tool for the most varied applications. Made simple to use, this software is within the reach of any end-user. 2 Manual video machine delivered with PCDmis – the enterprise-wide metrology software. Using the Vision capability of this software, the machine provides users with a powerful tool for non-contact measurement in two and three coordinate directions.

3 Automatic CNC controlled video machine (DCC) equipped with DC servomotors. Running the PCDmis Vision software, this machine is one the most cost-effective currently available on the market. Since users are not limited to a single choice when deciding upon the software to use, this results in a number of benefits their customers do very much appreciate.

 


Manual machine versions

These two versions have a coordinate stage fitted with a quick release system in both axes X and Y. This system enables fast displacements for locating the geometric feature to be measured. Disengageable wheel drives are used for quick motion in the Z-axis as well as fine setting of the focal length.

DCC machine version

On this version again, the coordinate stage along with the vertical axis are displaced by means of DC servomotors. Their speed is tightly controlled through the rotative encoders, especially when the joystick is used or high precision images are processed in the X-direction. This for example. A plain axis coupled with planetary arranged ball bearings allows the stage to be displaced mechanically. This system also acts as coupling clutch in case of collision. Vertical displacement is ensured by rack and pinion.


Machine construction

The machine’s all aluminium construction provides the high structural rigidy and stability needed for any high precision system applied for dimensional inspection.

The coordinate stage features prestressed carriages mounted on ultra-precise monorails to ensure a reliable stability over years. There by, the machines can be used in both the workshop and the measurement laboratory. Distance between the two axes X and Y has been lowered down to the minimum for optimum compactness.

Through the swan neck shaped structure supporting the Z-axis, the guiding system could be mounted as close as possible to the optics. This system is totally counterbalanced.

The measuring systems are based on linear encoders mounted on the three axes. Each of them is identical to those used on their small MH3D, which proved to be very accurate and dependable.

Optional 75 or 150 mm height extensions are also available to allow easy inspection of large test pieces.
Working distance A = 60 - 210 mm basis model
B = 135 - 285 mm using the 75 mm height extension
C = 210 - 360 mm using the 150 mm height extension
150 mm
A B C
75 mm

Illumination
Light sources with coloured LEDs. This valuable technology offers long-lasting cold light sources (over 50.000 hours) with low power needs.

Transmitted light (diascopic illumination) is produced by a green LED with programmable light intensity.

Reflected light (episcopic illumination) is created by a so-called Fresnel lens consisting of a dual line of 24 LEDs. Intensity of this white ring light can be set through the software as well. An extra ring light fragmented into 4 programmable segments is available as an option. On request, a coaxial light (white LED) can be supplied for use in conjunction with the motorised zoom.

Optics
Each variant comes with an USB2 colour camera with a resolution to 3M pixels. The manually operated version TESA-VISTA has a fixed objective permitting total magnifications of 25x, 50x or 100x on a 15” TFT monitor. Optionally, this basis version can be fitted with a motorised zoom or a telecentric objective. Both PCDmis models, whether manual or DCC, feature a motorised zoom (0,7x to 4,5x). The software also includes a calibration routine for the zoom, which makes inspection possible throughout the full range with no effect on accuracy for the measurements taken within the viewing area. Being an integral part of all their machines, the laser pointer helps users locating the area they want to check.

TESA-VISTA application software
This simple-to-use software is very user-friendly. Using TESA-VISTA, the widest number of part features and elements will be measured reliably and quickly.

Key Features
– Viewing in either axis X, Y or Z with a resolution to 0,001 mm.
– Zero setting of displayed axis by just a click.
– Metric/Inch conversion.
– Cartesian and polar coordinates.
– Creation and execution of part programs.
– Storage of the video image.
– Drawing of the measured feature shown in the active window.
– Automatic entry of measured points (programmable).
– Automatic edge detection.
– Z-measurement with on-screen help and guidance.

Features and Functions
– Point, radius, diameter, arc of circle, angle, line, distance (X/Y), slot, Z-measurement.
– Alignment, perpendicularity, parallelism, theoretical point, theoretical diameter, Translation of X/Y origin points.

 

TESA SCAN NON-CONTACT ROUND PART INSPECTION SYSTEM

 

 

MODELS AVAILABLE

Based on the Diameter and Length the models are classified as follows

TESASCAN 25. Capable of measuring upto 25mm diameter and 200mm Length

TESASCAN 50 Capable of measuring upto 50mm diameter and 275mm Length

TESASCAN 50 PLUS with SLEW Capable of measuring upto 50mm diameter and 500mm Length

TESA SCAN 80 Capable of measuring upto 80mm diameter and 500mm Length

PROFILE 130 Capable of measuring upto 130mm diameter and 1000mm Length



The System  

· Optical measurement system utilising light sensitive linear CCD arrays.

· Fast, easy to use PRO-MEASURE for Windows 2000 programming software.

· Headstock with CNC motorised rotation.

· Industry standard Morse 1 quick change tooling at head and tailstock.

· Thread basic measurement using mathematical compensation.

· Shop-hardened for use in harsh environments (IP54 rating).

· Standards database for Limits & Fits (ISO, DIN) and Thread Tolerancing (ISO,UNC, UNJ).

· Setting Master suppied for daily calibration.

· Traceability to international standards.



Measurement Capability

STATIC:

· Diameters, Lengths, Intersections, Gauge Diameters, Radii, Angles, radial height difference etc
· 2D work piece alignment - creation of work piece reference axis from two diameters.

DYNAMIC:

· Concentricity – parallel, maximum form and gauge diameters, interrupted diameters, taper and parallel thread   profile axes.

· Run out – plain, interrupted diameters and face run out.

· Roundness, Cylindricity and Straightness.

· Diameter with rotation - ovality, max. min. average diameter of plain or interrupted diameters.

· Hexagon - across flats dimension, symmetry of flats to axis, max. dimension across corners.

· Section analysis with rotation - max. and min. section radius and angular locations.

· Offset diameters - eccentricity and symmetry.

· 3D work piece alignment - creation of work piece reference axis from plain diameters and thread profiles.


THREAD MEASUREMENT: (without Slewing Mechanism)

Parallel vee-form – major and pitch diameters, pitch, flank angles.

Taper threads – major and pitch diameters at any location, pitch, taper, flank angles, gauge   length, useable   thread length and crest profiles.

IMAGE CLEANING:

A software filter which can be set at different levels to reduce the affect of contamination on the work piece.

Specifications

 

FOR TESAScan 50

 

  Measurement Capacity for TESASCAN 50

Diameter

50mm

1.96”

Length

    275mm

10.8”

  Measurement Capacity for TESASCAN 50 PLUS

Diameter

50mm

1.96”

Length

500mm

19.7”

  Component Capacity for TESA SCAN

Diameter

  100mm

3.9”

Length

290mm

11.4”

Weight

4.0Kg

8.8lb

  Component Capacity For TESASCAN 50 PLUS

Diameter

  100mm

3.9”

Length

515mm

20.3”

Weight

 6.0kg

13.2lb

  Accuracy 20±10 C

Diameter

2 + (0.01D) mm

(0.08+0.01D)/1000

Length

   7 + (0.01L) mm

(0.28+0.01L)/1000

  Repeatability ±2s = 95%

Diameter

± 0.001mm

± 0.00004”

Length

  ± 0.0025mm

± 0.0001”

  Resolution

Diameter

0.0003mm

0.00001”

Length

0.001mm

0.00004”

  Speed (Static Measurement)

Diameter

  0.2s

Edge

  Environment

Temperature

10 - 350 C

50 - 950 F

Humidity

  10 – 80%

10 – 80%

  Electrical Utility

 

100/110 – 220/240 VAC 50/60Hz

 

 

TESA SCOPE –PROFILE PROJECTORS

 

Models

 

· Vertical Type: TESASCOPE 300V, TESASCOPE 500V

· Horizontal Type: TESASCOPE 355H

   TESASCOPE 300V

 

TESA SCOPE 300V are ideally suited for the non-contact measurement of components that needs a magnification upto 100X- Whatever the material is and their shape.

The high quality of the projected image provides the operator with the reliability and dependability for accurate measurements

Features

· 300mm diameter rotary screen with the chart clips, cross line 30, 60 and 90 degrees.

· Solid steel construction.

· Profile Illumination with the Green filter.

· Fibre Optic Surface Illumination.

· “SAVE LAMP” configuration- That is, the light goes automatically Off when there is no stage movement for several minutes. This increases the bulb life by 5 times.

· Quick change of the bayonet lens mount.

· RS232C Data output.

· Drawings mount in the side.

· Hard anodised stabilised stage with the clamping slot for tooling, equipped with the linear glass scales with 0.001mm Resolution.

· 100mm Focus travel.

· Maximum weight on table is 20kgs.

· Built in Angular readout (degrees/minutes).

· Calibration certificate according to VDI-VDE 2617 – B89 4.1.1997.


TESASCOPE 355H

TESA SCOPE 355H are ideally suited for the non-contact measurement of components that needs a magnification upto 100X.

The high quality of the projected image provides the operator with the reliability and dependability for accurate measurements.

Features

· 355mm diameter rotary screen with the chart clips, cross line 30, 60 and 90 degrees.
· Solid steel construction.
· Profile Illumination with the Green filter.
· Fibre Optic Surface Illumination.
· “SAVE LAMP” configuration- That is, the light goes automatically Off when there is no stage movement for several minutes. This increases the bulb life by 5 times.
· Quick change of the bayonet lens mount.
· RS232C Data output.
· Drawings mount in the side.
· Hard anodised stabilised stage with the clamping slot for tooling, equipped with the linear glass scales with 0.001mm Resolution.
· 80mm Focus travel.
· Maximum weight on table is 20kgs.
· Built in Angular readout (degrees/minutes).
· Calibration certificate according to VDI-VDE 2617 – B89 4.1.1997.

Read-out/DISPLAY

There are three types of Read-out available.
TS-100
TS-200
TS 200 E


Capabilities of TS100

This is a simple read-out, which has the following
X/Y Read-out
1mm resolution
Inch/mm switchover
Independent zero set for X/Y
Absolute and incremental measurement
X/Y Linear compensation
Profile and Surface Illumination control
RS232C data output
3 to 10 entered points for Diameter
3 to 10 entered points for Radius
Distances from the last datum radius or diameter
Auto Enter function

Capabilities of TS200

This is a read-out with more features

LCD Screen
1mm resolution
Inch/mm switchover
Cartesian and polar co-ordinates
Programming features
X/Y Linear compensation
Part view printing
RS232C data output
Scale error detection

Plus It can give the Skew, Point, Radius, Diameter, Arc, line, Distance, Slot, Perpendicularity, Parallelism, Given point, Given diameter and Auto Enter function

Capabilities of TS200-E

Same as the TS 200 features but this can capture the data when the table passes from dark to bright and bright to dark. Thanks to the fibre Optic element edge detector. This will reduce drastically or make nil Appraiser variation.

TESPA is exclusive distributors for M/S BROWN&SHARPE  TESA SWITZERLAND. The product range includes precision measuring instruments and other custom metrology. The major strength of TESA is their wide range of products in the field of metrology. The Swiss made label from TESA ensures the precision level and reflects their 60 years of metrology experience which is world renowned and is set as world standards. 

Key features of TESA precision measuring instruments are   

·         Supplied with individual calibration certificate from an ISO 9000 company

·         One year warranty

·         All electronic instruments have direct RS232 output to computer ( unlike the other brands which has non-standard data output)

·         Unique serial number for each instruments indicates traceability

·         Electronic probes with processors and softwares form a package for multigauging inspection

·         Manufactured as per DIN standards

 

TESA MICROMETERS are world class products in design and quality.  The latest MICROMASTERS- Electronic micrometers with water proof protection confirms to IP-65.

TESA has its range from analogue, dial and digital type VERNIER CALIPERS ensures long run accuracy, High functional reliability and quality construction and confirms to IP-54.

TESA IMICRO- Internal micrometers (Patented) assures self aligning and self centering that makes bore measurements reliable and independent from the sensitivity of the user - available in Mechanical and Electronic models.

High precision reflects in TESA DIAL GAUGE series.  It combines both high accuracy and long life. Smooth pointer movement –confirms ISO/DIN standards.  Digital models are interfaceable to computer.

TESA RUGOSURF -  mobile and versatile roughness gauge that can be used in manufacturing cells, receiving inspection.

 TESA’S GAUGE BLOCK AND LENGTH STANDARDS are a must for every industry and standards room.  These gauge blocks are made of highest quality materials and properly stabilised and heat treated which guarantees a durable form and dimensional stability  over the year. Supplied with SCS calibration certificate.

 Brown & Sharpe TESA’s greatest strength lies in the technology they apply in height gauges. The perfect synthesis of mechanical engineering and electronics, the height gauges are based on modular design. The accuracy is maintained  by computer-aided-software calibration. The MICROHITE, TESA HITE, TESA -µHITE are members of the wide range of height gauges that carries SWISS made label and confirms the confidence in precision.

TESPA offers universal length measuring machine from MICROREP, Italy. This equipment is supplied as a total package. The basic equipment, accessories and computer with software.


Application 

For periodic inspection of gauges, reference gauges, masters and various gauges including:

Gauge management and calibration software

The instrument is connected to a PC for direct reading of values measured The software provides a unique support for gauge management fulfilling ISO 9000 requirements

 

 


CMT REPORT [Corruption, Money laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

1]         INFORMATION ON DESIGNATED PARTY

No records exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

 

2]         Court Declaration :

No records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

 

3]         Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

 

4]         Record on Financial Crime :

            Charges or conviction registered against subject:                                                  None

 

5]         Records on Violation of Anti-Corruption Laws :

            Charges or investigation registered against subject:                                                          None

 

6]         Records on Int’l Anti-Money Laundering Laws/Standards :

            Charges or investigation registered against subject:                                                          None

 

7]         Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

 

8]         Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

 

9]         Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

 

10]        Press Report :

            No press reports / filings exists on the subject.

 

 

CORPORATE GOVERNANCE

 

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

 

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

 

 

CONTRAVENTION

 

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.31

UK Pound

1

Rs.86.96

Euro

1

Rs.58.58

 

 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

6

PAID-UP CAPITAL

1~10

6

OPERATING SCALE

1~10

6

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

6

--PROFITABILIRY

1~10

6

--LIQUIDITY

1~10

6

--LEVERAGE

1~10

6

--RESERVES

1~10

6

--CREDIT LINES

1~10

6

--MARGINS

-5~5

--

DEMERIT POINTS

 

 

--BANK CHARGES

YES/NO

YES

--LITIGATION

YES/NO

NO

--OTHER ADVERSE INFORMATION

YES/NO

NO

MERIT POINTS

 

 

--SOLE DISTRIBUTORSHIP

YES/NO

NO

--EXPORT ACTIVITIES

YES/NO

YES

--AFFILIATION

YES/NO

NO

--LISTED

YES/NO

NO

--OTHER MERIT FACTORS

YES/NO

YES

TOTAL

 

54

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)                  Ownership background (20%)                         Payment record (10%)

Credit history (10%)                            Market trend (10%)                                             Operational size (10%)

 


 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions