MIRA INFORM REPORT

 

 

Report Date :

01.08.2011

 

IDENTIFICATION DETAILS

 

Name :

PCS TECHNOLOGY LIMITED (w.e.f. 22.11.2004)

 

 

Formerly Known As :

PCS INDUSTRIES LIMITED (w.e.f. 25.03.1994)

PCS DATA PRODUCTS PRIVATE LIMITED

 

 

Registered Office :

Plot No. 148 / 151, Alandi Markaal Road, Village Dhanore, Pune – 412 106, Maharashtra

 

 

Country :

India

 

 

Financials (as on) :

31.03.2010

 

 

Date of Incorporation :

22.04.1981

 

 

Com. Reg. No.:

11-24279

 

 

Capital Investment / Paid-up Capital :

Rs.210.240 Millions

 

 

CIN No.:

[Company Identification No.]

L74200MH1981PLC024279

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

PNEP08887E

 

 

PAN No.:

[Permanent Account No.]

AABCP0316J

 

 

Legal Form :

Public Limited Liability Company. The company's shares are listed on the Stock Exchanges

 

 

Line of Business :

Providing Information Technology Services

 

 

No. of Employees :

1500 Approximately

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (46)

 

RATING

STATUS

 

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Maximum Credit Limit :

USD 4600000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

 

Comments :

Subject is an established company having satisfactory track. Trade relations are reported as fair. Business is active. Payments are reported to be usually correct and as per commitments.

 

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

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

INFORMATION DECLINED BY

 

Name :

Mr. Shankar Mishra

Designation :

Deputy General Manager

Date :

28.07.2011

 

 

LOCATIONS

 

Registered/ Factory Office :

Plot No. 148 / 151, Alandi Markaal Road, Village Dhanore, Pune – 412 106, Maharashtra, India

Tel. No.:

91-22-22822621 / 28521177 / 2635 / 28591795 / 28502312 / 20-5441635

Fax No.:

91-22-22851489 / 28520193 / 20-5441055

E-Mail :

apoorva.patni@pcstech.com

bhaskar.patel@pcstech.com

sakinaka.bom@pcsil.sprintrpg.ems.vsnl.net.in

Website :

www.pcstech.com

 

 

Head Office :

Plot No.4, PCS House, Sakinaka, Saki Vihar Road, Andheri (E), Mumbai - 400 072, Maharashtra, India

Tel. No.:

91-22-28521177/2635/2636/6271/6273

Fax No.:

91-22-28520193

E-Mail :

sakinaka.bom@pcsil.sprintrpg.ems.vsnl.net.in

 

 

Corporate Office :

310 / 316, Raheja Chambers, Nariman Point, Mumbai - 400 021, Maharashtra

Tel. No.:

91-22-22875525

Fax No.:

91-22-22873984

 

 

Factory :

·         Plot No. 148/151, Alandi Markaal Road, Village Dhanore, Alandi, District Pune – 412 106, Maharashtra

 

·         Plot No. 110/1/111, Himalaya Industrial Estate, Village Amli, Silvassa – 396 230, Union Territory

 

·         44/45, Mapusa Industrial Estate, Mapusa, Goa – 403 507

 

 

Overseas Office  :

Located at :

 

·         UAE

·         USA

·         Africa

 

 

Branches :

Located at:

 

·         Chandigarh

·         Ranchi

·         Secunderabad

·         Calicut

·         Panji

·         Vasai

·         Nagpur

·         Indore

·         Thiruvanandapuram 

·         Ahmedabad

·         Bangalore

·         Baroda

·         Bhopal

·         Bhubaneswar

·         Chennai

·         Cochin

·         Kolkata

·         Delhi

·         Guwahati

·         Hyderabad

·         Jaipur

·         Lucknow

·         Mumbai

·         Patna

·         Pune

·         Silvassa

·         Visakhapatnam

 

 

DIRECTORS

 

As on 18.12.2007

 

Name :

Mr. Gajendrakumar S Patni

Designation :

Chairman cum Managing Director

Address :

42-A, Jolly Maker Apartment, Cuffe Parade, Mumbai – 400 005, Maharashtra, India 

Date of Birth :

24.03.1941

Qualification :

B.Chem.

Date of Appointment :

22.04.1981

Other Directorship :
  • Patni Computer Systems Limited
  • PCS International Limited

DIN No. :

00014163

 

 

Name :

Mr. Ashokkumar S Patni

Designation :

Director

Address :

22-A, Jolly Maker Apartment, Cuffe Parade, Mumbai – 400 005, Maharashtra, India 

Date of Birth :

01.08.1951

Qualification :

B.Tech.

Date of Appointment :

22.04.1981

Other Directorship :
  • Patni Computer Systems Limited
  • PCS International Limited
  • PCS Finance Limited

 

 

Name :

Mr. Narendrakumar S Patni

Designation :

Director

Address :

Auite 51-B, 100 Memorial Drive, Cambridge, MA02142, US

Date of Birth :

09.03.1942

Date of Appointment :

29.09.1995

 

 

Name :

Mr. Harish Jadish Tandon

Designation :

Managing Director

Address :

22-24-A, Takshila Mahakali Caves Road, Andheri East, Mumbai – 400 093, Maharashtra, India 

Date of Birth :

19.01.1951

Qualification :

B.Sc. – Engineering 

Date of Appointment :

25.11.1992

DIN No. :

00037611

 

 

Name :

Mr. Prakash  V. Mehta

Designation :

Director

Address :

123-A, Maker Apartments, Cuffe Parade, Mumbai – 400 005, Maharashtra, India

Date of Birth :

12.02.1942

Date of Appointment :

23.07.1987

 

 

Name :

Mr. Satish B. Ajmera

Designation :

Director

Address :

B. L. Ajmera and Company, Malji Chhoganlalji Trust Building, M J Road, Jaipur – 302 001, Rajasthan, India

Date of Birth :

26.10.1944

Date of Appointment :

25.06.1990

DIN No. :

00208919

 

 

Name :

Mr. Dadi B. Engineer

Designation :

Director

Address :

Sea Shells, 1st Floor, 13 Darabsha Road, Off Nepeansea Road, Mumbai – 400 036, Maharashtra, India

Date of Birth :

02.05.1933

Date of Appointment :

29.09.1995

DIN No. :

00047028

 

 

Name :

Mr. Girish Mohanlal Dave

Designation :

Director

Address :

1st Floor, Sethna Building, 55 Maharshi Karve Road, Marine Lines, Mumbai – 400 002, Maharashtra, India

Date of Birth :

12.07.1938

Qualification :

M.Com., LLB, C.A.I.I.B.

Date of Appointment :

29.09.1995

Other Directorship :

·         Birla Global Finance Limited

·         Vinati Organics Limited

·         Kesar Petro Products Limited

·         J. P. Morgan Chase Bank

·         GIC Asset Management Company Limited

·         Tata Infotech Limited

·         Mangalore Refinery and Petrochemicals Limited

DIN No. :

00036455

 

 

Name :

Mr. Kamalkumar T. Barjatya

Designation :

Director

Address :

39 Worli Sea Face, Mumbai – 400 025, Maharashtra, India

Date of Birth :

25.03.1938

Date of Appointment :

30.10.1995

 

 

Name :

Mr. Mukund Y. Kulkarni

Designation :

Director

Address :

10, Amruta Heights, Suvarna Baug Colony, Kothrud, Pune – 411 029, Maharashtra, India

Date of Birth

10.06.1957

Qualification

Chartered Accountant

Date of Appointment :

29.03.2001

 

 

Name :

Mr. Apoorva Ashokkumar Patni

Designation :

Director

Address :

22-A Jolly Maker Apartment No. 1, Cuffe Parade, Mumbai – 400 005, Maharashtra, India

Date of Birth

16.06.1982

Date of Appointment :

18.12.2007

DIN No. :

01647791

 

 

KEY EXECUTIVES

 

Name :

Mr. B J Patel

Designation :

Company Secretary

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

 As on 30.06.2011

 

Category of Shareholders

No. of Shares

Percentage

(A) Shareholding of Promoter and Promoter Group

 

 

(1) Indian

 

 

Individuals / Hindu Undivided Family

8,995,732

42.94

Bodies Corporate

5,704,679

27.23

Sub Total

14,700,411

70.17

(2) Foreign

 

 

Total shareholding of Promoter and Promoter Group (A)

14,700,411

70.17

(B) Public Shareholding

 

 

(1) Institutions

 

 

Mutual Funds / UTI

131,583

0.63

Financial Institutions / Banks

995

-

Insurance Companies

213,383

1.02

Foreign Institutional Investors

700

-

Sub Total

346,661

1.65

(2) Non-Institutions

 

 

Bodies Corporate

226,676

1.08

Individuals

 

 

Individual shareholders holding nominal share capital up to Rs. 0.100 Million

3,866,343

18.45

Individual shareholders holding nominal share capital in excess of Rs. 0.100 Million

1,649,621

7.87

Any Others (Specify)

160,965

0.77

Directors & their Relatives & Friends

1,084

0.01

Clearing Members & Trusts

28,916

0.14

NRIs/OCBs

130,965

0.63

Sub Total

5,903,605

28.18

Total Public shareholding (B)

6,250,266

29.83

Total (A)+(B)

20,950,677

100.00

(C) Shares held by Custodians and against which Depository Receipts have been issued

-

-

(1) Promoter and Promoter Group

-

-

(2) Public

-

-

Sub Total

-

-

Total (A)+(B)+(C)

20,950,677

100.00

 

As on 18.12.2007

 

Equity Share Breakup

 

Percentage of Holding

Category

 

 

Public financial companies

 

1.02

Nationalised or other Banks

 

0.01

Mutual funds

 

0.63

Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]

 

0.79

Bodies corporate

 

2.12

Directors or relatives of directors

 

42.94

Other top fifty shareholders

 

6.92

Others

 

45.57

Total

 

100.00

 

 

BUSINESS DETAILS

 

Line of Business :

Providing Information Technology Services

 

 

Products :

Mini / Micro Computer Systems, Glass Epoxy Copper Clad Laminates, R and T Services

 

 

Brand Names :

“Avion”, “Clarion” and “AST”.

 

PRODUCTION STATUS 31.03.2010

 

Particulars

Licensed Capacity

Installed Capacity

CCL Division

 

 

Glass Epoxy Copper Clad Laminates

0.300 million sq. mtrs.  p.a.

0.300 million sq. mtrs. p.a.

Paper Phenolic and Composite Copper Clad Laminates

0.500 million sq. mtrs. p.a.

0.500 million sq. mtrs. p.a.

 

 

GENERAL INFORMATION

 

Customers :

·