debjit company profile

8/8/2019 Debjit Company Profile

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DEB & GROUPS OF STEEL COMPANY PVT LTD


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CONTENTS

TOPICS

Acknowledgement

Objective of the study

Methodology of the Study

Data Used

Introduction of the Company

Chairmans message

Company vision

Company missionCompany philosophy

Objectives of the company

Location of the companies

Types of the company

Board of director

Organizational structure

Products of the company

Components Used

Major suppliers

Process, Production Capacity and Operations

Research and Development

Quality Control

Distribution of the company

Customers

Capital Assets

Balance sheet

Net sales & ProfitsFuture plans

What did I learn?

How it is relevant to my approach to become a manager?

How can I put it to practice?

Conclusion


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ACKNOWLEDGEMENT:-

I owe my sincere gratitude towards Suryadatta Education Foundation family for giving

me such an opportunity about the Company Profile. From the core of my heart, I am

grateful to Prof. Dr. S.B. Chordiya, Founder President and Chairman, SGI, and Prof.

Benegal Director General of the Institutes, for spending their valuable time and support

with me for successful completion my Project.

I also thankful to my co-mates and friends for their support and who encourage me for

the successful completion of the Project.

Objective of the Study:-

The main objective of the study is to gather knowledge as well as information regarding

How to Run and Establish a Company. Formation of such a company being named

Deb & Group of Steel Company Pvt Ltd. Helps to gather Knowledge, ideas as well as

techniques about Production ,Opening of various branches ,Operations, Research and

Development in the organization, Marketing and sales of Product as well as customer

satisfaction.

Methodology of the study:-

Regarding methodology of the Study various research works are implemented like Study

of various reports related to formation of Steel Company, Research reports organize in

Steel Company, Research regarding study of various spots of getting minerals like Coal,

Iron- ore Lime Stone etc.


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Data Used:-

For making of this project successful the various sources ie.Primary Sources and

Secondary Sources data of various company are been studied and implemented in this

project.

The various sources of data which are taken and studied are as follows.

y Data and Annual Report of Tata Steel . Mittal Steely Annual and Financial Report of Reliance Companyy Indian Monetary Systemy Shares of the Shareholders in both of these company according to their

ratio.

Introduction:-

Deb & Groups of Steel Co Pvt Ltd was established in January 2009, located in Kolkata

WestBengal which is a Private Ltd company with a registered capital of Rs10 Lakhs.

Companys main product is Steel Rod, Steel Coils & Sheets, Galvanised Steel Products ,

Mild Steel Slabs,Steel Tubes . Presently, we have 585 skilled employees. The

manufacture capability of our production line is nearly 100 tons per month. Last month,

our company created the sales value of 18 Lacs which was increased by 4% compared to

that of December 2009.

Our company produces fine quality Steel Rods, and implements strict quality control for

the Steel Bearings. We use good quality Galvanized Steel Coils which all achieve public

praise in Current Market. Moreover, we have attained ISO9001 certification, which gives

quality promise to customers and competitive advantage for our company.

In 2010, we aim to make larger progress on quality improvement and open the foreign

market. Our concept is "quality, innovation and trust". We are looking forward to

cooperating with overseas companies or buyers for long-term business. We will try our

best to provide best products, best service and best cooperate experience to our

customers.


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Chairmans Message:-

Deb & Groups of Steel Co Pvt ltd is one of the leading Steel industries of East India. The

Deb Groups of Steel Co Pvt ltd has four industries all over India.

The secrete of our success is our sincere and committed approach towards customers

requirements, anticipating their needs and working towards providing full satisfaction to

them. We offer them most quality Steel, which makes them to repeat their consignments

again and again and we believe in getting success through giving excellent steel products

in best value for money.

We have qualified Professionals& Managers who understand and concerned the quality

of steel. Nothing can be possible without the efficient and personalize services. Our staff

has some of most talented and committed Professionals in the field and is well

experience.

Our packages are very attractive. We are providing good and quality Steel bearings ,Steel

plates , Steel Rods ,Pipes etc. We have good contacts with all major Steel Company in

India for providing excellent Steel on needs to the customers.

As a Steel industry our main aim is to make Quality Steel and provide maximum

customer satisfaction through our products.

I want to end by quoting Patanjali, who is credited with inventing yoga. This is whatPatanjali said in 300 BC:

When you are inspired by some great purpose,

some extraordinary project,

all your thoughts break their bonds

your mind transcends limitations,

your consciousness expands in every direction,

and you find yourself in a new, great, and wonderful world.

Dormant forces, faculties and talents become alive and you discover yourself to be a

greater person

by far than you ever dreamed.


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Company Vision:-

In the most recent past, we have been guided by the VISION that we created for

ourselves in the year Feb 2009 with the confidence of a learning, knowledge based and

happy organization. To establish ourselves as the supplier of choice by delighting our

customers with our services and products of becoming the most cost competitive steelplant and so serve the community and the nation.

How have we fared against this VISION that we set for ourselves? What is our

scorecard?

Here is our scorecard:

y One of the lowest cost producers of steel in the country and globally competitivey Technologically up-to-date manufacturing facilitiesy Customers happy with our products and servicesy Becoming a learning and knowledge based organizationy A culture of continuous change and improvementVISION:-

To seize the opportunities of tomorrow and create a future that willmakeus an EVA positive company:

To be on the lookout for and shape the opportunities to get the first-mover

advantage and remain ahead of competition. The opportunities could exist inemerging technologies, new business models, value creation, customer service,

new products, services or businesses, financing options etc. To mobilize all

resources and efforts through value based management that will help us earn

returns better than the cost of capital. The equation below shows that the EVA

is positive when the RONA is greater than the cost of the capital invested.

EVA = (RONA WACC) X Invested

EVA- Economic ValueAdd

RONA- Return onNet Assets (= Net Operating Profit After Tax/ Net

Assets)

WACC - Weighted Average Cost of Capital.


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To continue to improve the quality of life of our employees and thecommunities we serve:-

Deb & Group of Steel Co Ltdwill continue to be guided by the Deb groups

endeavor to improve the quality of life of the communities we serve (e.g.

Customers, suppliers, governments, shareholders, local community etc). The

company has always tried to maintain a good quality of life for its employees.

The company, ahead of any legislation, introduced provident fund, maternity

leave, eight hour working etc. Similar spirit will continue to guide our future

efforts in improving the quality of life of our employees.

Revitalize the core business for a sustainable future:The core business is sought to be revitalized by a comprehensive set of

initiatives under the ASPIRE program. Aspirational initiatives will be taken in

each area of our enterprise to reduce costs and enhance revenues coupled with

finance prudence to galvanize the core business into an attractive investment

option. By making the core business EVA positive we wish to ensure its long

term sustainability.

Venture into new businesses that will own a share of our future:By the year 2010 we expect to enter into at least two major new business that

would have grown comparable in size to the core business. We also expect tocontinuously evaluate and expand the new businesses to compliment the

cyclical nature of the steel business.

Uphold the spirit and values ofDeb & Groups towards nation building:Even as the face of the new business may be fundamentally different from our

existing core businesses what will bind them together will be the spirit and the

values ofDeb Groups. It is our belief that upholding these values will

continue to be the reason for our enduring success and respectability.


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Company Mission:-

Consistent with the vision of the Deb & Groups of CompanyPvt Ltd, Deb Groups strives

to strengthen Indias industrial base through the effective utilization of staff and

materials. The means envisaged to achieve this are high technology and productivity,

consistent with modern management practices. Deb & Groups of CompanyPvtLtdrecognizes that while honesty and integrity are the essential ingredients of a strong

and stable enterprise, profitability provides the main spark for economic activity. Overall,

the Company seeks to scale the heights of excellence in all that it does in an atmosphere

free from fear, and thereby reaffirms its faith in democratic values.

Company Philosophy:-

Deb & Groups of Steel Co Pvt Ltd. has a natural climate for their workers and always tries

to provide an admirable culture with maintenance of well behavior, & always adopt

genuine technique & peaceful management with all employees & staff. We also maintain

national and global identity, a production of irrespective of volume with a trust of Quality

customers consist of satisfaction; Deb & Groups of Steel Co Pvt Ltd. is known to its brand

and is derive by faith.

Deb & Groups of Steel CoPvtLtd. believes in co-operation; the spirit of humanity, liberty,

integrity, responsibility, affection, is generated here; we also develop an eco- friendly

environment with equality amongst to all.

Regarding employees welfare we provide rent free Flats, Quarters, Medical Facilities to

the Employees as well as their families. Free School facilities regarding the study of the

employees ward and also Playing Grounds, Amusement Parks etc.

We follow Government Saving fund Strategy that is Provident Fund,Gratuity, Pension

schemes for Retired Employee etc.

For serving nation we also opened a Sports Academy and Complex in the name of my

beloved father ie.

R.SAHA SPORTS COMPLEX and SAHA FOOTBALL ACADEMY which is in Kolkata.

We associate various type of Sports events as well as we provide coaching and training


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facilities to State and District level players. We also organize schedules for Training and

Coaching for the players of various foreign countries like Bangladesh,China, Japanetc in

various respective sports.

We also serve our qualified players to various sporting clubs of India like Mohunbagan,

East Bengal, Churchill Brothers, Mohamedan Sporting Club etc.

Objectives of the Company:-

DEB& GROUPS OF STEEL COMPANY PVT LTD

Sustainability issues are reflected through specific social and environmental objectives

and targets accepted by the top management as a part of Vision.

To achieve its sustainability goals, the organization has identified 12 key enterprise

processes critical to the growth and success of the organization. Mapping and identifying

stakeholder concerns through a structured engagement and feedback process has been

initiated. These stakeholder concerns are analyzed, prioritized and are the prescribedgoals for Corporate Sustainability Management. The senior management ofDeb &

Groups of Steel Ltd tracks the performance of the targets against each strategic goal.


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Sustainability at the Deb Group and Deb Steel has always been value-driven. The five

core values underpinning the way the Deb Group of companies conduct business are:

Integrity

Understanding Excellence

Unity

Responsibility

12 Key Enterprise Processes

Leadership Order Generation

Strategic Planning & Risk

Management

Operation

and Fulfillment

Market Development Inbound Supply Management

Investment Management Research & Development

Improvement & Change Management Information Management

Human Resources Social Responsibility & Corporate

Services


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Location of the Company, Offices, Plant:-

.

Compan y Offices Section Product Plant / Mines

Deb & Groups

of Steel Co Pvt

Ltd

Kolkata , West

Bengal.

Head Office

Deb & Groups

of Steel Co Pvt

Ltd

Kolkata , West

Bengal .

Companys

Steel Works

Steel Rod ,

Steel Coil &

Sheets

Kolkata ,

West Bengal .

Deb & Groups

of Steel Co Pvt

Ltd

Joda ,Orissa. Companys

Steel Works,

Sales &

Marketing

Mild Steel

Slabs & Steel

Tubes

Joda ,Orissa.

Deb & Groups

of Steel Co Pvt

Ltd

West Bokaro &

Jamadoba

,Jharkhand

Companys

Steel Works

Steel Bearings WestBokaro

&Jamadoba

,Jharkhand

Deb & Groups

of Steel Co Pvt

Ltd

Noamundi ,

Jharkhand

Companys

Steel Works

Galvanised

Steel Products

Noamundi ,

Jharkhand

Deb & Groups

of Steel Co Pvt

Ltd

West Bokaro &

Jamadoba

,Jharkhand

Production Coal WestBokaro

&Jamadoba

,Jharkhand

Deb & Groups

of Steel Co Pvt

Ltd

Noamundi &

Kumardubi ,

Jharkhand

Production Iron Ore Noamundi&

Kumardubi ,

JharkhandDeb & Groups

of Steel Co Pvt

Ltd

Kalimati,

Jharkhand

Production

,Purchase

Lime Stone,

Maganese

Klimati,

Jharkhand


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Type of Company:-

A Private Limited Company, Deb Groups of Steel Company Pvt Ltd is headquartered at

Kolkata,West Bengal , India. Its stock is listed and traded on Stock Exchanges located at

Kolkata. Global Depository Receipts (GDR) issued by the company in the Indian market

has been listed on the Mumbai Stock Exchange. As on 31.03.09, there were 36,898ordinary shareholders (Rs.10.00 per share).

Distribution of Shareholding

Number of Ordinary Shareholders

Held

Number of Shareholders (%)

31/3/2009

1 to 100 71.54

101 to 500 22.07

501 to 1000 3.50

1001 to 10000 2.71

Over 10000 0.18

100.00

Category Number of Shareholders

36,898

Individuals 30,164

Unit Trust of India 1

Life Insurance Corporation of India 1

Govt. & Other Public Financial

Institutions

65

Deb & Group of Steel Companies 15

Companies 6193Nationalised Banks, Mutual Funds &

Trusts

274

Foreign Institutional Investors 185

TOTAL 36,898


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Board of Directors:-

Name of Directors Designations Name of Directors Designations

Mr.Debjit Saha Founder &

Chairman

Mr.Ranajit Saha Director

Mr.Sanjiv K

Pataudi

Chief Financial

Officer

Mr .Tapan Kumar

Sarkar

Managing Director

Mr .D.K Paul Financial

Institutions

Nominee

Mr .P.K.Kaul Financial

Institutions

Nominee

Mr .Debasish Saha Shareholders Mr . Debasish

Ghosh

Shareholders

Dr .Mukherjee Whole time

Director

Mr .Suresh

Mathuraman

Whole time

Director

Dr .Bhattacharya Shareholders Mr .Bikash Dhar Shareholders

Mr .PrassannaBhuyan Shareholders Mr .Vivek Sharma Shareholders

Mr .Ishat Hussain Whole time

Director

Mr.Subhas Modi Whole time

Director

Mr . S.M Palia Chief Financial

Officer

Mr .Narayan

Krishnan

Chief Financial

Officer

Mr .Sukhwinder

Singh

Shareholders Mr .Suresh Thappa Shareholders

Mr .Ashok

Singhania

Shareholders Mr.V.K.Chopra Shareholders

Mr .Ashok Khanna Shareholders Mr.Seikh Salim Shareholders


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Organizational Structures & Key Departments of the Company:-

Chairman

Directors

GeneralManager

Jamadoba

GeneralManager

Kalimati

Generalmanager

Kolkata

GeneralManager

Nomundi

GeneralManager

Kumardubi

Generalmanager

Joda

Finance

Department

Quality &

Control

departmentService

Departm

-ent Service

Departm-

ent

Sales

Departmen

-t

M

-ti

De

-

Galvanised

Steel Plant

Production

Department

of Iron OrePurchase

DepartmentProduction

Department

of Lime

Stone

Production

Department

of Coal

Technology


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Products of the Company detail Brands:-

Long Products Wire Rods, Rebars

Flat Products Hot & Cold Rolled Sheets, Hot & Cold Rolled Coils,

Galvanized Coils & Sheets

Semi Finished Steel

Products

Billets,Mild Steel Slabs , Slabs

Tubes Standard pipes, ERW Precision Tubes

Bearings Rolled Rings, Machines Rings, Bearings

Minerals Coal & Coke, Iron Ore, Lime Stone

Components Used in Making Steel:-

Steelis an alloy consisting mostly of iron, with a carbon content between 0.2% and 2.1%

by weight, depending on the grade. Carbon is the most cost-effective alloying material

for iron, but various other alloying elements are used such as manganese, chromium,

vanadium, and tungsten.

Carbon and other elements act as a hardening agent, preventing dislocations in the iron

atom crystal lattice from sliding past one another. Varying the amount of alloying

elements and form of their presence in the steel controls qualities such as the hardness,

ductility, and tensile strength of the resulting steel. Steel with increased carbon content

can be made harder and stronger than iron, but is also less ductile.

Alloys with a higher carbon content are known as cast iron because of their lower melting

point and castability.Steel is also distinguished from wrought iron, which can contain a

small amount of carbon, but it is included in the form of slaginclusions. Twodistinguishing factors are steel's increased rust-resistance and better weldability.

Though steel had been produced by various inefficient methods long before the

Renaissance, its use became more common after more efficient production methods were

devised in the 17th century. With the invention of the Bessemer process in the mid-19th

century, steel became a relatively inexpensive mass-produced material. Further


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refinements in the process, such as basic oxygen steelmaking, further lowered the cost of

production while increasing the quality of the metal. Today, steel is one of the most

common materials in the world and is a major component in buildings, infrastructure,

tools, ships, automobiles, machines, and appliances. Modern steel is generally identified

by various grades of steel defined by various standards organizations.

Main article:

Steelmaking

When iron is smelted from its ore by commercial processes, it contains more carbon than

is desirable. To become steel, it must be melted and reprocessed to reduce the carbon to

the correct amount, at which point other elements can be added. This liquid is then

continuously cast into long slabs or cast into ingots. 96% of steel is continuously cast,

while only 4000 ingots are cast per year.

The ingots are then heated in a soaking pit and hot rolled into slabs, blooms, or billets.

Slabs are hot or cold rolled into sheet metal or plates. Billets are hot or cold rolled into

bars, rods, and wire. Blooms are hot or cold rolled into structural steel, such as I-beams

and rails.

In modern foundries these processes often occur in one assembly line, with ore coming

in and finished steel coming out.Sometimes after a steel's final rolling it is heat treated

for strength, however this is relatively rare

Major Suppliers:-

Suppliers Name Product Category

Jay Steel Corporation Steel Pipes

Steel Mart Steel Rods , Steel Coils

Hero Cycle Ltd Steel Bearings

Metal & Engineering Co Ltd Steel Rods

Rampara Steel Industries Pvt Ltd Steel Mild slabs

Maruti Architectural products pvt Ltd Steel Coils

Emmes Metals Pvt. Ltd. Galvanised Steel Products

Zwick Roell Testing Machines Pvt Ltd Steel Coils

Banswara Syntex Ltd Galvanised Steel Products

Surya Global Ltd. Steel Bearings And Steel Rods

Excel Metal & Engineering Industries Steel Sheets, Steel Pipes


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Processes, Production Capacity, Operations:-

BLAST FURNACE

Deb & Groups of Steel Company Pvt Ltd. Is a Private Sector Steel Company in India has

embarked on growth plan to increase its Kolkata Works Capacity to 200 ton per month in

Phase I and to 250 ton in Phase II. Blast Furnace marks the completion of the most

important milestone in that journey. It has been designed, supplied, erected and

commissioned by a consortium consisting of Paul Wurth (PW) Italia, L&T, Paul Wurth

(PW) India.

Blast Furnace will produce over 7 tones of hot metal per day with a coke rate of 3 kg and

coal injection rate of 16 kg. The furnace is equipped with all modern features. It has two

flat cast houses with four tapholes. Cold blast will be made available by electrically

driven blowers. Energy in terms of electrical power will be recovered from the BF gas

through an expansion turbine. The waste heat from the stoves exhaust will be recovered

to save on the fuel rate of the furnace. The Slag generated will be supplied for CementManufacturing in granulated form.

Research and Development:-

New product design and development is more often than not a crucial factor in the

survival of a company. In an industry that is fast changing, firms must continually revise

their design and range of products. This is necessary due to continuous technology

change and development as well as other competitors and the changing preference of

customers. A system driven by marketing is one that puts the customer needs first, and

only produces goods that are known to sell. Market research is carried out, whichestablishes what is needed. If the development is technology driven then it is a matter of

selling what it is possible to make. The product range is developed so that production

processes are as efficient as possible and the products are technically superior, hence

possessing a natural advantage in the market place.

R&D has a special economic significance apart from its conventional association with

scientific and technological development. R&D investment generally reflects a


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government's or organization's willingness to forgo current operations or profit to

improve future performance or returns, and its abilities to conduct research and

development.

In general, R&D activities are conducted by specialized units or centers belonging to

companies, universities and state agencies. In the context of commerce, "research anddevelopment" normally refers to future-oriented, longer-term activities in science or

technology, using similar techniques to scientific research without predetermined

outcomes and with broad forecasts of commercial yield

Statistics on organizations devoted to "R&D" may express the state of an industry, the

degree of competition or the lure of progress. Some common measures include: budgets,

numbers of patents or on rates of peer-reviewed.

Quality Control:-

In engineering and manufacturing, Quality Control and Quality Engineering are used

in developing systems to ensure products or services are designed and produced to meet

or exceed customer requirements.

Quality control is the branch of engineering and manufacturing which deals with

assurance and failure testing in design and production of products or services, to meet or

exceed customer requirements.

Quality assurance:-

One of the most widely used paradigms for quality assurance management is the PDCA

(Plan-Do-Check-Act) approach, also known as the Shewhart cycle.

Failure testing:-

A valuable process to perform on a whole consumer product is failure testing (also

known as stress testing), the operation of a product until it fails, often under stresses such

as increasing vibration, temperature and humidity. This exposes many unanticipated

weaknesses in a product, and the data is used to drive engineering and manufacturing

process improvements.

Total quality control:-

Total Quality Control is the most necessary inspection control of all in cases where,

despite statistical quality control techniques or quality improvements implemented, sales

decrease.


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If the original specification does not reflect the correct quality requirements, quality

cannot be inspected or manufactured into the product.

For instance, all parameters for a pressure vessel should include not only the material and

dimensions but operating, environmental, safety, reliability and maintainability

requirements.

Marketing Department, Sales and Distribution:-

Marketing ,Sales and Distribution department plays a vital role in

Deb & Groups of Steel Company Pvt Ltd.The quantity of Steel and their various

products which are produced 75% of the product are sold in domestic market and

balanced 25% are been exported to China .

Sales and Distribution department also helps the products manufactured by Deb &

Groups of Steel Company Pvt Ltd cater to the consumer sectors such as

construction/infrastructure, capital goods, general engineering and railways as well as

small steel companies within the country.

To enhance the net realization and to combat the commodity nature of steel, the

company, apart from improving the product mix, is increasingly differentiating its

products through Branding beginning with Deb & Groups ofSteel Bars, Steel Pipes,

Steel Bearings, Steel Coil and Galvanised corrugated Steel.

Products manufactured at different locations reach the consumer through direct dispatch

or through a network of retail stockyards located in all major cities in India. Customized

products are also delivered to end users through various conversion agents.


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Customers:-

Companies Products

Ispat Industries Steel Coils & Sheets

Jagdish Steel Steel Pipes

S .Jindal Iron & Steel Galvanised steel

J.K Steel Mild Steel Slabs

Kamdhenu Ispat Steel Bearings

Lloyds Steel Steel Coils

MSTC India Steel Sheets

Mahamaya Steel Industries Steel Rods

Mahavir Steel Galvanised steel

Metalman Industries Mild Steel Slabs

Mukand Group Steel Pipes

Murugan Exports Steel Bearings

Trident Steels Steel Rods


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Financial Data:-

Deb & Groups of Steel Co Pvt Ltd

Profit & Loss Account For The Year Ended 31/3/2009Particulars Amount(Lakh) Amount(Lakh)

INCOME:

Turnover 1,46,328.00

Less:Excise Duty / Service Tax Recovered 4,480.00

Net Turnover 1,41,848.00

Other Income 2,059.00

Variation in Stocks 427.00

1,44,334.00

EXPENDITURE:

Purchases 2,205.00Manufacturing & Other Expenses 1,16,755.00

Interest & Finance Charges 1,745.00

Depreciation 7,182.00

Less:Transefered from Revaluation Reserve 1,987.00 5,195.00

Adjustment Conformable to the Scheme of

Amalgamation includingWrite off of Investment

7,728.00

Less: Transfer from General Reserve 4,344.00 3,384.00

1,29,284.00

PROFIT BEFORE TAX: 18,433.00Less:Provision for Current Tax 1,206.00Less:Provision for fringe Benefit Tax 56.00Less:Provision for Deferred Tax 1,860.00

PROFITAFTERTAX: 15,311.00Add:Balance bought forward from Previous Year

Excess Provision for Tax for Earlier Years4,363.00

AMOUNTAVAILABLE FOR

APPROPRIATIONS:

19,674.00

APPROPRIATIONS:General Reserve 11,728.00

Debenture Redemption Reserve 340.00

Interim Dividend on Equity Shares 1,897.00

Proposed Dividend on Equity Shares 1,000.00

Tax on Dividend 322.00 15,287.00BALANCE CARRIEDTO BALANCE SHEET: 4,387.00


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Provisions 3,010.00

(B) 35,701.00

NET CURRENTASSETS:(A-B) (3) 19,009.00

TOTA

L:

(1+2+3) 2,10,001.00

Future Plans:-

Regarding the long term future plans ofDeb & Groups of Steel Co Pvt Ltd are as

follows:

To Purchase Shakti TMT Bar Plant at Kolkata by 2013 because of its highCapacity Blast Furnace which can produce at least more than 400 tons of Steel

in a day.

To open Open Cast mine at Kalimati for Iron Ore. To move on to Automobile Manufacturing sectors of sophisticated cars by

2015.

To move on to opening of Cement manufacturing plant in India by 2020. To bought an Tea estate as well as Tea factory by 2022. To adopt Telecom amd IT sectors by 2025. At last but not the least to collaborate with Australia for getting Coal at

economic cost.


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What DidILearn?

From this project , I learnt about various factors that should be considered while making

our own company.It also teaches about how the company functions effectively,how the

higher management plans out various targets and they are achieved by means of lower

management.

Relevant Approach To Become A Manager:-

This project would help me in understanding the role of a manager more effectively and

also in managing the various resources like money,manpower,time ,raw materials

etc.Since finance is the lifeline of any organisation,this project would help me in

understanding the vitality of finance and utilising it in the most suitable way.

Ways to PutIt To Practice?

Today,every company has its own unique policy,structure,and the way of functioning.As

a future manager,I can learn a lot from other companies and try to develop my own way

of working.In future,I will be facing many real life situations, wherein I can surely make

use of this knowledge.


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Conclusions:-

At first,I am thankful to our institute for including such a project in our curriculum and

giving us a golden opportunity to experience the making of our own company. In this

process, I learnt a lot many things which were not known to me as yet. It is because of

this project that I gained an ample amount of knowledge about business as well as of

various companies. As far as future is concerned,I am sure that this project would help

me in learning and understanding the actual structure as well as the working of any

organisation. Last, but not the least, I would like to express my sincere thanks to our

chairman Dr.Sanjay.B.Chordiya for encouraging and guiding us thoroughly through the

entire process of making this project.

debjit company profile

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