Trust Stamp for NUETECH SOLAR SYSTEMS PRIVATE LIMITED


	NUETECH SOLAR SYSTEMS PRIVATE LIMITED

Registered Office

Address	Post Box No. 9167, B M Shankarappa Industrial Estate, Sunkadakatte, Viswaneedam Post, Bangalore 560 091, Karnataka, India
Tel. No.	91-80-2348 3766 / 6598 1441/47 / 23356789
Fax No.	91-80-2328 1730 /23115802

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SUMMARY

Incorporated	2002/03/12
Registration No.	08-30228
No. of Employees	70
Line of Business	Manufacturer of solar water heating systems for domestic and industrial applications.

Status

Company is a very well established concern having satisfactory track records. Directors are reported as experienced and respectable businessmen. Trade relations are reported as fair. Business is active.

Payments

Usually Correct

Litigation

Clear

Banking Reputation

Satisfactory

Auditors

Name:	Dhananjay G Hegde, Chartered Accountant
Address:	47/1, Ground Floor, 4th Cross, Malleshwaram, Bangalore-560003, Karnataka,
Tel. No.	91-80-23444985 , 24360790
E-Mail :	dgheged@vsnl.com

FACTORY WAREHOUSE

Factory 1	Post Box No. 9167, B M Shankarappa Industrial Estate, Sunkadakatte, Viswaneedam Post, Bangalore 560 091, Karnataka, India

Factory 2	Magadi Road, Sunkada Katte, Viswaneedum Post , Bangalore 560091 , Karnataka

Factory 3	At Peenya Industrial Estate, Bangalore
Area :	3200 Sq. fts. Owned

BRANCH

Located at :
Branches Mysore, Hassan, Chikkamagalur, Hubli, Raichur and Shimoga

LEGAL FORM

Private limited liability company

DIRECTORS

DIRECTORS
Name : Mr. K. R. Surendra Kumar
Designation : Whole Time Director
Address : Jyesta No.132, 3rd B, Main Nagarabhavi, 7th Block, 2nd Stage, Bangalore-560079, Karnataka
Date of Birth/Age : 1966/10/18
Date of Appointment : 2002/03/12
Name : Mr. B. Prakash
Designation : Whole Time Director
Address : No.643, 2nd A Main, 11th Block, Nagarabhavi, 2nd Stage, Bangalore-560079, Karnataka
Date of Birth/Age : 1961/07/01
Date of Appointment : 2002/03/12

MAJOR SHAREHOLDERS

[MAJOR SHAREHOLDERS]
Names of Shareholders No. of Shares
Mr. K. R. Surendra Kumar 4500
Mr. B. Prakash 4500
Total 9000

Equity Shares Breakup (Percentage of Total Equity):
Sr No. Category Percentage
1 Directors or relative of directors 100.00

TRADING TERMS

Imports :
Countries: China

TYPE OF CUSTOMERS

Customers :
Indian Space Research Organization, Bangalore
Karnataka State Government, Bangalore
Indian Railways, India

BANKERS

Bankers :
Canara Bank
Address:No.628/629, Rajajinagar 3rd Block, Bangalore 560010, Karnataka
Corporation Bank
The Karnataka Bank
Bank Of Maharashtra
Veerashiv Co-op Bank Limited

AUDITORS

Name:	Dhananjay G Hegde, Chartered Accountant
Address:	47/1, Ground Floor, 4th Cross, Malleshwaram, Bangalore-560003, Karnataka,
Tel. No.	91-80-23444985 , 24360790
E-Mail :	dgheged@vsnl.com

FINANCIAL INFORMATION

[all figures are in Rupees Millions]
Particulars 2006/03/31 2005/03/31
Sales Turnover 67.337 61.805
Other Income 0.298 0.061
Total Income 67.635 61.866
Profit/(Loss) Before Tax 2.914 1.042
Provision for Taxation 1.051 0.346
Profit/(Loss) After Tax 1.863 0.696
Total Expenditure 64.721 61.824

CAPITAL STRUCTURE

Capital Structure

Authorised Capital :
No. of Shares Type Value Amount
500000 Equity Shares Rs.10/- each Rs. 5.000 millions

Issued, Subscribed & Paid-up Capital :
No. of Shares Type Value Amount
250000 Equity Shares Rs. 10/- each Rs. 2.500 millions

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