Trust Stamp for CHERAN MACHINES INDIA PRIVATE LIMITED


	CHERAN MACHINES INDIA PRIVATE LIMITED

Registered Office

Address	SF No. 70/2A, 65/1, Athipalayam Road, Chinnavedampatti, Ganapathy, Coimbatore 641006, Tamil Nadu
Area	5000 Sq.fts
Location	Owned

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SUMMARY

Incorporated	2004/03/24
Registration No.	18-11058
No. of Employees	50 (30 in Office and 20 in Factory)
Line of Business	Manufacturer and Exporter of Garment and Textile Printing Machines

Status

Company is an established concern with fair trade relations.

Payments

Slow but correct

Litigation

Clear

Banking Reputation

Satisfactory

Auditors

Name :	Elangovan and Natarajan, (Chartered Accountant)
Address :	144, Kaleeswara Nagar, Kottoor, Coimbatore 641009, Tamil Nadu, India

LEGAL FORM

Private Limited Liability Company

DIRECTORS

DIRECTORS
Name : Mr. R Mohankumar
Designation : Chairman
Address : 5A Mamarathottam, 2nd Street, Ganapathy, Coimbatore 641006, Tamilnadu, India
Date of Birth/Age : 1970/02/03
Qualification : B.E.
Date of Appointment : 2004/03/24
Name : Mrs. R Rukmani
Designation : Director
Address : 5A Mamarathottam, 2nd Street, Ganapathy, Coimbatore 641006, Tamilnadu, India
Date of Birth/Age : 1950/07/23
Qualification : Graduate
Date of Appointment : 2004/03/24

KEY EXECUTIVES
Name : Mr. V Annthanarayanan
Designation : Company Secretary

MAJOR SHAREHOLDERS

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
Names of Shareholders No. of Shares
Mr. R Mohankumar 42000
Mr. R Rukmani 28000
Mr. P Rathinasamy 50000
Mr. V Gurumoorthy 4700
Mr. R Akila 4700
Mr. R Srilatha 4650
Mr. S Kalai Rani 4650
Mr. A Bala Subramanian 4650
Mr. T Ratinavalle 14650
Mr. L Pasupathy 20000
Mr. Lakshmanan 20000
Mr. S Vidhya 10000
Total 208000

Equity Share Breakup (As on 30.09.2007)
Category Percentage of Holding
Directors or relatives of directors 100.000

LIST OF ALLOTEES
As on 2006/03/31 No. of Shares
Mr. R. Mohan Kumar 15000
Mr. R. Ruckmani 15000
Mr. P. Rathinaswamy 10000
Mr. V. Gurumoorthy 4700
Mr. R. Akila 4700
Mr. R. Srilatha 4650
Mr. G. Kalairani 4650
Mr. A. Balasubramanian 4650
Mr. T. Rahinavalle 4650
Total 68000
As on 2007/03/31
Mr. L. Pasupathy 20000
Mr. P. Lakshmanan 20000
Mr. P. Rathinaswamy 40000
Mr. S. Vidhya 10000
Mr. T. Rathinavalli 10000
Total 100000

PRODUCTS DETAILS

Products:
Item Code No. Product Description
Heat Transfer Press / Digital Fusing
Label Transfer Press
Manual Chest Printing and Curing Machines
Electric Curing Machine
Flash / Spot Curer
Exposing Machine
Stretching Clamp
Sublimation Transfer Press
U29262 Textile Machinery

EXPORT DETAILS

Exports to :
Products : Textile and Garments, Printing Machines
Countries : Bangladesh, Egypt, Madagascar, Nepal, Srilanka, Thailand, Vietnam, Nepal and the Gulf region

IMPORT DETAILS

Imports From :
Products : Raw Materials
Countries : Korea, Taiwan, China

PRODUCTION DETAILS

PRODUCTION STATUS

As on 31.03.2007:

Licensed and Installed Capacity: 500 Numbers Fusing and Curing Machines

TRADING TERMS

Terms :
Selling : L/C, T/T, Advance
Purchasing : L/C, T/T, Advance

TYPE OF CUSTOMERS

Customers :
Manufacturer

BANKERS

Bankers :
Indian Bank 1373 A, Jayashanthi Towers, Sathy Road, Ganapathy, Coimbatore 641006, Tamil Nadu, India
Centurion Bank Limited
ICICI Bank Ramnagar
Indian Overseas Bank

AUDITORS

Name :	Elangovan and Natarajan, (Chartered Accountant)
Address :	144, Kaleeswara Nagar, Kottoor, Coimbatore 641009, Tamil Nadu, India

FINANCIAL INFORMATION

[all figures are in Rupees Millions]
Particulars 2008/03/31 2007/03/31 2006/03/31
Sales Turnover 38.000 26.742 20.325
Profit/(Loss) Before Tax 0.719 0.374
Provision for Taxation 0.312 0.201
Profit/(Loss) After Tax 0.407 0.173
Import Value 0.614 0.217
Expenditures :
Financial Charges 0.337 0.250
Depreciation 0.251 0.133
Other Expenditure 25.435 19.568
Total Expenditure 26.023 19.951

Expected Sales (2008-09): Rs.45.000 millions.

CAPITAL STRUCTURE

Capital Structure AS ON 30.09.2007

Authorised Capital :
No. of Shares Type Value Amount
220000 Equity Shares Rs. 10/- Each Rs. 2.200 millions

Issued, Subscribed & Paid-up Capital :
No. of Shares Type Value Amount
208000 Equity Shares Rs. 10/- Each Rs. 2.080 millions

AS ON 31.03.2007:

Authorised Capital :
No. of Shares Type Value Amount
220000 Equity Shares Rs. 10/- Each Rs.2.200 millions

Issued, Subscribed & Paid-up Capital :
No. of Shares Type Value Amount
30000 Equity Shares issued for consideration other than cash Rs. 10/- Each Rs. 0.300 million
178000 Equity Shares issued for cash Rs. 10/- Each Rs. 1.780 millions
Total Rs. 2.080 millions

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