industrial report chiripal

8/19/2019 Industrial Report Chiripal

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Table of ContentsINTRODUCTION:.......................................................................................................... 2

Background Of The Company.................................................................................. 3

History Of The Company...............................................................................................4

Introduction To The Founding Member ...............................................................................5

Vision And Mision Of The Company.........................................................................7

OR!NI"!TION!# D$"IN:..........................................................................................

Organisationa% "tructure.................................................................................................!

Top Management........................................................................................................ ""

Departmenta%i&ation and Its 'asis..................................................................................."3

O($R!TION:............................................................................................................... "

(%ant #ocation............................................................................................................... "!

(roduct (ortfo%io........................................................................................................ "!

(roduction process...................................................................................................... 22

Mar)eting :.................................................................................................................. 2#

*p+s of the company.................................................................................................... 27

Target customer .......................................................................................................... 2

Competitors.............................................................................................................. 2!

HUM!N R$"OURC$:................................................................................................... 3$

(ersonne% po%icies....................................................................................................... 3"

Recruitment.............................................................................................................. 32

Training and De,e%opment............................................................................................33

FIN!NC$:...................................................................................................................34

Capita% structure :.......................................................................................................35

'asic ratio................................................................................................................ 3

"ocia% responsibi%ity:...................................................................................................... 42

!-!RD" !ND !CHI$.$M$NT":...................................................................................44

CONC#U"ION:............................................................................................................ 4#

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INTRODUCTION:

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Background Of The Company

The textile industry in India traditiona%%y/ after agricu%ture/is the on%y industry that has

generated huge emp%oyment for both s)i%%ed and uns)i%%ed %abor in te0ti%es1 The te0ti%e industry

continues to be the second %argest emp%oyment generating sector in India1 It offers direct

emp%oyment to o,er 23 mi%%ion in the country1 !ccording to the ministry of India the sector

contributes about 4*5 to industria% production/ *5 to the country6sgross domestic 7D(8 and

495 to the country6s e0port earnings1 The share of te0ti%es in tota% e0ports as 441;*5 during

!pri%;4;/ as per the Ministry of Te0ti%es1 It is estimated that India ou%d increase its

te0ti%e and appare% share in the or%d trade to ?5 from the current %e,e% of *135 and

reach U"@?; bi%%ion by >;>;1 During >;;AB>;4;/ Indian te0ti%es industry as pegged at U"@33 bi%%ion/ *5 of hich ser,ices domestic demand1

o,ernment of India passed the Nationa% Te0ti%e (o%icy in >;;;1

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History Of The Company

The company is promoted by "hri .ed pra)ash chiripa% and 'rimohan chiripa% on A/ !ugust

4AA* as pri,ate %imited company for manufacturing/ tradind and e0porting the te0ti%e product1

Though it as incorporated in 4AA*/ it commenced

Its actua% operation in 4AAA1 "ince the company as groing steadi%y and succesfu%%y it changed

its company name to Nandan $0im #td on 4/ =anuary >;;*1

The company is managed and contro%%ed by "hri .ed (ra)ash chiripa% ho has a ide e0perience

in the fie%d of te0ti%e mar)et1 The company has e%% %aid don the organisationa% structure and

de%egation of authority atecah %e,e%1

(ursuing the p%an of e0pansion/ Chiripa% group %aid the foundation of producing 4;;5 cotton

ear and b%ended botton ear fabrics1 !nd to ma)e the most modern and ,ersati%e denim

manufacturer proect as ca%%ed as N!ND!N $EIM #TD1

Nandan $0im #td is housed ith one of the most sophisticated ea,ing p%ant and other

faci%ities to manufacture good ua%ity of denims and )ha)hi and cotton fabric1

The p%ant manufactures 4;;5 cotton fabric/ denim fabric and denim )eeping in tune ith the

fashion trend and mar)et demand1

!%so manufactured are fabric of different ea,es/ dyes/ combination of yarn/ eights/etc1 These

fabric find app%ication in ,arious garments and outfit1 The range of fabric inc%udes ti%%s/ strech/

denim/ bu%% denim/ etc1

The product manufactured by Nandan $0im are primari%y mar)eted in sufficing the need of

%eading customer of the company and e0ports to the de,e%oped mar)ets of est and southBeast

!sia/ $urope and U"!

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The product manufactured by Nandan $0im are mar)eted to the internationa% as e%% as the

domestic mar)et ithin a short span of a year1 It is ab%e to mar)et to the renoned nationa% as

e%% as the e0porters1

It has a presence o,er ,arious customer group in internationa% arena %i)e garments manufacturer/

impoter and e0porter and to the renoned brands1

Introduction To The Founding em!er

r" #edpra$ash Chiripal is the Chairman and Managing Director of Chiripa%Industries #imited1 He has obtained his 'ache%or of Commerce degree from Ca%cutta Uni,ersity1He has an e0perience of 29 years in the te0ti%e industry1 Mr1 .edpra)ash Chiripa% is a%so Directorin No,a (etrochemica%s #imited and Chairman of Nandan $0im #imited1 He is trustee ofChiripa% Charitab%e Trust/ Udgam Trust 7Udgam High "choo%8/ !graa% "e,a "amiti/ Maharaa!grasen "choo%/ !graa% "e,a "ansthan and !groha .i)as Trust1 He is )non for his financia%acumen and he dri,es the Chiripa% roup ith his insights and ,ision1 He o,ersees strategice0pansion initiati,e/ business de,e%opment and super,ises the finance of the group1

r" %aipra$ash Chiripal is the -ho%eBTime Director of Chiripa% Industries#imited1 He has obtained his 'ache%or of Commerce degree from uarat Uni,ersity1 He has ane0perience of >> years in the te0ti%e industry1 r" %aipra$ash Chiripalis a%so a Director ofChiripa% $nterprise #imited1 He is a trustee of Chiripa% Charitab%e Trust1 He p%ays the )ey ro%e ine0pansion and imp%ementation of proects1He is a )ey person for o,era%% super,ision of po%icies%aid don by the 'oard acti,e%y contributes in recruiting ua%ity Human Resource1

r" %yotiprasad Chiripal is a%so a Director of Chiripa% Industries #imited1 Hehas obtained his 'ache%or of Commerce degree from uarat Uni,ersity1 He has an e0perience of >3 years in the te0ti%e industry1 r" %yotiprasad Chiripal is Managing Director of .isha%

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Fabrics (ri,ate #imited1

r" &ri'mohan Chiripal is the Managing Director of the Chiripa% Industries #imited1 He is a

graduate in Chemica% $ngineering and has a%most >; years of e0perience in te0ti%e1

r" &harat &hushan (gar)al is C$O of .isha% Fabrics (ri,ate #imited1 He is a graduate1 Hehas ,ast e0perience of 2; years in the te0ti%e industry1 His e0pertise is in o,erseas mar)eting offabric and homeBfurnishing and a%so ne customer de,e%opment for our processing di,ision1

r Deepa$ Chiripal is the Chief $0ecuti,e Officer of Nandan $0im #imited1 He has beende,e%oping the e0port business and domestic mar)et of the company and is a%so in charge ofo,era%% administration and super,ision of the production and operations department1

r" #ishal Chiripal is C$O of Chiripa% Industries #imited1 He ho%ds a 'ache%ors Degree in

'usiness !dministration from G1" "choo% of 'usiness management/ !hmedabad and !de%phi

Uni,ersity/ Ne or)1 He a%so ho%ds a Masters Degree in 'usiness Management Mar)etingJ

from C%ar) Uni,ersity/ 'oston/U"!1 He has been a )ey person in de,e%oping ne areas of

business and e0p%oring ne mar)ets1

r" Ra'esh &indal is $0ecuti,e Director of Chiripa% Industries #imited1 He has obtained his

'ache%or of Commerce degree from uarat Uni,ersity1 He has an e0perience of 4* years in the

te0ti%e industry1 His e0pertise is in mar)eting and ne customer de,e%opment for our processing

di,ision1

r (mit &indal is a manageria% )ey person of Chiripa% Industries #imited1 He is a commerce

graduate from uarat Uni,ersity1 He has an e0perience of more then 4; years in the fie%d of

Te0ti%es1

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Vision And Mision Of The Company

To pro,ide continuous ,a%ue through inno,ation/ e0pertise/ e0ce%%ence and attain highest %e,e% of

consumer satisfaction1

Their aim is to e0ceed the e0pectation of the customer in terms of ua%ity and achie,e the goa% of

being preffered supp%ier1 The responsibi%ity therefore rests ith each department and u%timate%y

ith each indi,idua% emp%oyees1

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OR*(NI+(TION(,

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Organisational +tructure

!n organisationa% structure consist of tas) a%%ocation/ coordination and super,ision hich are

directed toards the achie,ement of the organisation goa%1

It is the frameor) during hich organisation arranges its %ine of authority and communicationand a%%ocates rights and duties1

The organisationa% structure is as fo%%o:

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This organisationa% structure is the forma% arrangement of the obs ithin the organisation i1e1 the

Chiripa% group of industries 7fabric di,ision81 This structure di,ides or) to bee done into

specific obs and of the department1 It c%usters obs into unit1

It di,ides or) acti,ities into separate ob tas)1 Indi,idua% emp%oyees specia%i&e in doing part of

an acti,ity rather than the entire acti,ity1

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Top anagement

The top management of Nandan $0im #td consist of chairman/ managing director and other

directors1

CH!IRM!N

M!N!IN DIR$CTOR

DIR$CTOR"

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"2

"r no Names Desgination

4 "hri .ed (ra)ash Chiripa% Chairperon

> Mr 'rimohan Chiripa% Managing Director

2 Mr !mba%a C (ate% Director

* Mr autam C andhi Director 3 Mr T " 'hattacharya !dditiona% Director


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Departmentali.ation and Its &asis

Departmenta%i&ation is the basis on hich obs are grouped together1 Their are different type of

departmenta%i&ation hich are as fo%%o:

Functiona% Departmenta%i&ation

Functiona% departmentation organi&es emp%oyees based on function or s)i%% set1 "a%espeop%e and

mar)eters or) together in the mar)eting department/ emp%oyees in,o%,ed in ma)ing the

company6s products or) in the manufacturing department and emp%oyees in,o%,ed in designing

ne products or) in the research and de,e%opment department1 "pecific departments ,ary from

company to company but are a%ays designed so emp%oyees or) ith others ho share simi%ar

s)i%%s or functions1 This type of organi&ationa% structure or)s best in sma%%er organi&ations

ithout too many distinct product %ines1 For e0amp%e/ if your business manufactures and

distributes to different types of go%f ba%%/ it ou%dn6t ma)e much sense to di,ide those to

products into separate departments1

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eographica% Departmenta%i&ation

rouping acti,ities on the basis of territory1 If an organi&ation6s customers are geographica%%y

dispersed/ it can group obs based on geography1

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(roduct Departmenta%i&ation

(roduct departmentation organi&es emp%oyees based on hich product %ine or set of ser,ices theyor) ith1 $ach product %ine has a department of its on/ and each department has specia%ists in

a%% of the functions needed to produce and se%% that product/ such as mar)eting/ manufacturing/

accounting and human resources1 The departments in this type of company operate

autonomous%y from each other and are often better at responding to changing circumstances in a

f%e0ib%e ay1 For e0amp%e/ the sa%espeop%e can ta%) to the design and manufacturing specia%ists in

their on department to address customer satisfaction issues rather than ha,ing to go outside the

department1 "ma%%er businesses ou%d use this type of structure on%y if they offer distinct%y

different products or ser,ices1 For instance/ if your company pro,ides both copyriting and

printing/ it might ma)e sense to operate these ser,ices as separate and autonomous departments1

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(rocess Departmenta%i&ation

(rocess departmenta%i&ation is rouping acti,ities on the basis of product or ser,ice or customer

f%o1 'ecause each process reuires different s)i%%s/ process departmenta%i&ation a%%os

homogenous acti,ities to be categori&ed1

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Customer Departmenta%i&ation

Customer departmenta%i&ation is rouping acti,ities on the basis of common customers or types

of customers1 =obs are grouped according to the type of customer ser,ed by the organi&ation1 The

assumption is that customers in each department ha,e a common set of prob%ems and needs that

can best be met by specia%ists1 The sa%es acti,ities in an office supp%y firm can be bro)en don

into three departments that ser,e retai%/ ho%esa%e and go,ernment accounts1

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O/-R(TION:

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/lant ,ocation

The u%traBmodern p%ant of Nandan $0im #td is %ocated at !hemdabad/uarat

(%ant:

"aipurBopa%pur/pinara road near (ip%e !hemdabad

Corporate office:

KChiripa% HouseL "hi,ranani cross road/ !hemdabad

The p%ant adheres to the strictest nationa% as e%% as internationa% norms of techno%ogy

and en,ironmenta%Bfriend%y process1 The princip%e factor of p%ant %ocation are as fo%%o:

• The p%ant is nearer to the !hemdabad city

• !,ai%abi%ity of %abour

• !s p%ant is %ocated near Naro%/ Naro% is a hub of transportation

• "abarmati ri,er f%os from the near by area of p%ant/ so it is easy for disposab%e of

treated ater

/roduct /ortfolioMain%y to products are produced denim and bottom eights1 Fo%%oing are the to:

• D$NIM

The denim fabrics of Nandan $0im #td are regarded for its premium ua%ity1 The

composition of these fabrics consist of 4;;5 cotton/ cotton sande0/ cotton po%y/

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cotton po%y spande0/ cotton moda%/ cotton tence% etc1 The strech fabric is genera%%y

)non for the comfort that one gets hi%e earing1 -ith stunning co%ours of this

fabric it is popu%ar among the peop%e of a%% ages1 They stand top among the strech

denim manufacturer in India1 They are a%so one of the maor supp%iers of the

denim fabrics1

• 'OTTOM -$IHT"

The bottom eights garments made from this fabric are ,ery much in demand in

a%% o,er India1 These are comfortabe to put on1 'eside the reiab%e manufacturer

they are the prominent bottom eights cotton fabric supp%ier in India1

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'eside this product they manufacture fo%%oing product:

"hirting fabric

"ynthetic fabric

Cotton hoisery

(o%y )nits (o%ar f%eece

F%oc) fabric

$mbroidered fabric

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/roduction process

The production process of manufacturing denim is as fo%%o:

"pining

'a%e raping

Rope dyeing

#ong chain beaming

"i&ing

-ea,ing

Finishing

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"pining:

The initia% stage of denim production is Opening and '%ending1 Opening begins ith ba%ed

cotton fiber being separated into sma%% tufts1 ! b%end of cotton fibers is made on each opening%ine1 These ba%es are se%ected using U"D! High .o%ume Instrument 7H.I8 data/ and (CC!6s

uniue computer b%ending softare produces optima% yarn strength1

Cotton is de%i,ered by air suction from the Opening and '%ending %ines/ through additiona%

c%eaning and b%ending machines/ to the Cards1 The maor functions of Carding are to remo,e

foreign matter and short fibers/ form the cotton into a eb and con,ert the eb into a ropeB%i)e

form )non as a s%i,er1

The draing process produces a sing%e/ uniform s%i,er from si0 card s%i,ers1 The additiona%

b%ending/ para%%e%ing of fibers and c%eaning in this process produces a s%i,er for Open $nd and

Ring "pinning1 For Ring "pinning/ hoe,er/ the s%i,er must pass through an additiona% processca%%ed Ro,ing1

Cotton Fibers are formed into a yarn by centrifuga% action in OpenB $nd "pinning1 Indi,idua%

fibers are %aid don in the groo,e of a fast spinning rotor and tisted into yarn1 !fter the cotton

fibers are spun into yarn/ the yarn is ound into a %arge pac)age1

-raping:

In the arping process/ indi,idua% strands of yarn are remo,ed from yarn pac)ages prior to beinggathered into a rope form suitab%e for dyeing1 Indi,idua% strands of arp yarn 7the %engthBise

yarn in a fabric8 are gathered into rope form and ound onto a %og/ thus forming a ba%% arp1

To ropeBdye ranges enab%e !C to produce pure indigo/ su%fur bottom/ su%fur top/ and co%ored

denim yarn1 The yarn goes through scoursu%fur dye/ ash bo0es/ indigo dye ,ats/ o,er a s)ying

de,ice 7to a%%o o0idation to occur8/ through additiona% ash bo0es/ o,er drying cans and then is

coi%ed into tubs hich are transferred to the #ong Chain 'eaming process1

#ong Chain 'eaming separates the dyed yarn into indi,idua% strands/ para%%e%s the strands/ and

inds them onto a %arge section beam in preparation for "%ashing1 The "%ashing process ta)essection beams/ coats the yarn ith a starcha0 so%ution/ and inds the yarn onto a %oom beam1

! starcha0 so%ution is app%ied to enab%e the yarn to ithstand the abrasion and tension it i%%

be e0posed to in -ea,ing1 The so%ution a%so reduces the fu&&iness of the yarn/ thus e%iminating a

pi%%ing effect in -ea,ing1

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-ea,ing:

The ea,ing process inter%aces the arp 7%engthBise indigo dyed yarn8 and the fi%%ing 7natura%B

co%ored crossBise yarn8 producing 4;; percent cotton denim in a ,ariety of eights and sty%es1

Finishing:

The Finishing Range brushes and singes the c%oth prior to the c%oth entering a finishing so%ution1

The c%oth is then pu%%ed to the proper idth/ s)eed/ dried and ro%%ed for the ne0t process1

The Compressi,e "hrin)age process reduces the amount of shrin)age in the arp or %engthise

direction that a finished garment i%% ha,e after %aundering1 !s the c%oth enters the machine/ it is

moistened ith ater and then fed beteen a thic) rubber be%t and a heated stee% cy%inder here

appro0imate%y 4* percent shrin)age in the arp yarn ta)es p%ace1 !fter drying/ the c%oth is ro%%ed

onto an ! frame1

$,ery yard of c%oth must pass rigid inspection standards1 !n inspection process uti%i&es an IBTe0

>;; mode% $%bit .ision "ystem 7$."8/ an automatic fabric inspection system/ that e,a%uates the

ua%ity of the denim by identifying ,isib%e defects that resu%t during spinning/ ea,ing/ dyeing

and finishing at #itt%efie%d1 This system can detect defects as sma%% as ;13 mm on fabric up to ?

inches ide at speeds up to *> yards per minute1 !s denim is fed through the system/ three

cameras photograph the bac) of the fabric/ and four cameras photograph the front1 These

cameras continua%%y photograph the fabric and sa,e on%y the frames containing identified defects1

They a%so %og a%% pertinent information such as %ot number and the e0act %ocation of the defect on

the fabric1 This information then is fed to the cutting tab%es here computers he%p %ocate the

defect1 This highBtech system increases fabric inspection efficiency and reduces garment

seconds1 !t the 24 process/ the c%oth is measured and cut into ro%%s of proper ua%ity and si&e1$ach ro%% is carefu%%y eighed to ensure correct eight and yardage per ro%%1

!fter the finishing is done the inspection of denim is done and then it is dispatch aacording to the

order of the customer1

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41 ua%ity contro%

ua%ity is of prime importance in any aspect of business1 Customers demand and e0pect

,a%ue for money1 !s producers of appare% there must be a constant endea,or to produce or) of

good ua%ity1

In this industry ua%ity contro% is practiced right from the initia% stage of sourcing ra materia%s

to the stage of fina% finished garment1 For te0ti%e and appare% industry product ua%ity is

ca%cu%ated in terms of ua%ity and standard of fibres/ yarns/ fabric construction/ co%our fastness/

surface designs and the fina% finished garment products1 Hoe,er ua%ity e0pectations for e0port

are re%ated to the type of customer segments and the retai% out%ets1

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ar$eting :

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0p1s of the company

The fo%%oing are the *p+s:

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Target customer

Organi&ations e0ist for one purpose < to meet human needs1 Thri,ing organi&ations do thate0ceeding%y e%%1 .enerated organi&ations ha,e managed to meet e,o%,ing human needs o,er a

%ong period of time1 !%% of an organi&ation+s re,enues and profits resu%t from one thing <

customers ho are i%%ing to pay money for products and ser,ices that meet their needs1 !ny

brand management initiati,e/ any mar)eting initiati,e/ and indeed any business or organi&ationa%

initiati,e must start ith a so%id understanding of the customer1

The main target customer of Chiripa% roup of Industry 7Fabric di,ision 8:

• #ee

• #e,is

• !rro

• !%%en so%%ey

• -rang%er

• (ro,ogue

• Gi%%er

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Competitors

Chiripa% Industries #imited 7fabric di,ision8 is one of the finiest fabric industry in !hemdabad1The fo%oing are the maor competitor of Chiripa% Industries #imited1

!R.IND #IMIT$D

It is one of the top three denim producer in the or%d1 It produces shirt materia%/ )ha)is/ )int

ear/ ,oi%es/ denims and ready made garments1

!"HIM! ROU(

It is te0ti%e manufacture based industry in ahemdabad1

"OM! T$ETI#$ !ND INDU"TR

(roduct range inc%udes yarn/ shirting and bottom ear fabrics and denims1

!N=!NI "NTH$TIC"

(roduct range inc%ude bed sheets/ dress materia%s/ shieting/ scra,es/ fanne%/ curtains/etc

There are many more industries %i)e '#U$ '#$ND/ =IND!#/ MORD$N T$RR TO-$#"

and R!HU.IR "NTH$TIC #IMIT$D hich are the maor mar)et p%ayers of the Chiripa%Industries #imited 7fabric di,ision81

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HU(N R-+OURC-:

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/ersonnel policies

Human resource po%icies are the forma% ru%es and guide%ines that businesses put in p%ace to hire/

train/ assess/ and reard the members of their or) force1 These po%icies/ hen organi&ed and

disseminated in and easi%y used formPsuch as an emp%oyee manua% or %arge postingsPcan gofar toard e%iminating any misunderstandings beteen emp%oyees and emp%oyers about their

rights and ob%igations in the business en,ironment1 The tota% no of or)ing in Nandam e0im

are >;;;

-or) timmimg:

"hiftB4 ?:;; am to*:;; pm

"hiftB> *:;;pm to4>:;; am

"hiftB2 4>:;;am to ?:;;am

The or)ers are pro,ided ith the ear p%ugs to pre,ent their ears from the noise of the ea)ing

machine1 $,ery emp%oyee are pro,ided ith insurance by d company1

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Recruitment%ecrui&mne& Rrefers &o &he process of a&&rac&ing' screening' se(ec&ing' and

on)oarding a *ua(i+ed person for a ob1 A& &he s&ra&egic (e,e( i& may in,o(,e &he

de,e(opmen& of an emp(oyer -hich inc(udes an emp(oyee o/ering0.

The company recruits emp%oyees through fo%%oing process:

• Identifying ,acancies

(repare ob description and person specification

ad,ertising the ,acancy

Managing the response

"hortB%isting

!rrange inter,ies

Conducting inter,ie and decision ma)ing

-hy recruitment is reuiredQ

Recruiting e0terna%%y brings ne ideas and ta%ent to the organi&ation1 $0terna% recruiting opens

up opportunities to find e0perienced and ua%ified candidates and may a%so he%p de,e%op adi,erse team of emp%oyees1 Hiring a s)i%%ed and e0perience e0terna% candidate may a%so reduce

training costs and gi,e the organi&ation a competiti,e ad,antage1 $0terna% recruitment a%so can

pro,ide ne/ inno,ati,e ideas for management strategies/ creating a forardBthin)ing approach

that stimu%ates both ad,ancement and groth1

The ad,antages of promoting or hiring emp%oyees ithin in the company inc%ude e0isting

company )no%edge and impro,ed mora%e1 $mp%oyees a%ready in the organi&ation are more

)no%edgeab%e of the organi&ation6s needs and goa%s/ as e%% as the industry as a ho%e/ and i%%

approach the ne position ith this added perspecti,e1 =ust as there are disad,antages to hiring

e0terna%%y/ there are a%so disad,antages to hiring interna%%y1 Recruiting interna%%y can produceorgani&ationa% inbreeding/ resu%ting in a %imited perspecti,e and sta%e ideas1 It may a%so cause

stress and conf%ict beteen other e0isting emp%oyees ho fee% they shou%d ha,e gotten the ob1

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Training and De2elopment

The type of training and de,e%opment hich Nandan $0im pro,ide to its emp%oyees are as

fo%%o:

• On the ob training: $mp%oyees %earn ho to do or) simp%y by performing them

• =ob rotation: $mp%oyees or) at different obs in aparticu%ar area/ getting e0posure

• Mentoring and coaching: $mp%oyees or) ith e0perienced or)er to get information1

• -or)boo)manua%s: $mp%oyees refer, to training or)boo)s and manua%s1

• C%assroom: $mp%oyees attend1 #ectures1

The emp%yees are pro,ided ith ,aious saftey measures/ ,arious schemes/they are

pro,ided %eadership/ medica% he%p is a%so gi,en to emp%oyees1 In this ay emp%oyees

de,e%opment ta)e p%ace1

-hy is training and de,e%opment is reuiredQ

41 Impro2es morale of employees3 Training he%ps the emp%oyee to get ob security and obsatisfaction1 The more satisfied the emp%oyee is and the greater is his mora%e/ the more hei%% contribute to organi&ationa% success and the %esser i%% be emp%oyee absenteeism andturno,er1

>1 ,ess super2ision3 ! e%% trained emp%oyee i%% be e%% acuainted ith the ob and i%%

need %ess of super,ision1 Thus/ there i%% be %ess astage of time and efforts1

21 Fe)er accidents3 $rrors are %i)e%y to occur if the emp%oyees %ac) )no%edge and s)i%%sreuired for doing a particu%ar ob1 The more trained an emp%oyee is/ the %ess are thechances of committing accidents in ob and the more proficient the emp%oyee becomes1

*1 Chances of promotion3 $mp%oyees acuire s)i%%s and efficiency during training1 They become more e%igib%e for promotion1 They become an asset for the organi&ation1

31 Increased producti2ity3 Training impro,es efficiency and producti,ity of emp%oyees1-e%% trained emp%oyees sho both uantity and ua%ity performance1 There is %essastage of time/ money and resources if emp%oyees are proper%y trained1

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FIN(NC-:

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Capital structure :

Capita% structure of Nandan $0im %td is as fo%%o:

+r"No"

/articulars (ggregate#alue at

Nominal

/rice

(ggregate #alue

at Issue

/rice

(" (uthorised Capital

3;/;;;/;;; $uity "hares of Rs1 4;B each13;;/;;;/;

;;

&"Issued4 +u!scri!ed and /aid3Up Capital !efore this

Issue

>;/9?2/2;; $uity "hares of Rs1 4;B each1 >;9/?22/;;;

C"/resent Issue to the pu!lic in terms of the Draft Red

Herring /rospectus

4*/ >4/ 9;; $uity "hares of Rs1 4;B each fu%%y paidup

4*>/49/;;;

SJ

Out of )hich:

/romoters1 Contri!ution

4/A4/9;; $uity "hares are reser,ed for the (romotersof our Company

4A/49/;;;

Reser2ation for -ligi!le -mployees

>;;/;;; $uity "hares are reser,ed for the $%igib%e$mp%oyees of our Company

>/;;;/;;;SJ

Net Issue to the /u!lic

4>4;;;;; $uity "hares of Rs 4;B each at a price ofRs J per share of hich:

4>4/;;;/;;;

SJ

S I' portion of upto ;3;;;; $uity "hares of hich:;/3;;/;;

;SJ

S 35 Reser,ation for Mutua% Funds of 2;>3;; $uity"hares out of the I' portion

2/;>3/;;;SJ

S Non Institutiona% portion not %ess than 4?43;;;$uity "hares

4?/43;/;;;

SJ

S Retai% portion not %ess than *>23;;; $uity "hares*>/23;/;;

;SJ

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D"Issued4 +u!scri!ed and /aid3Up Capital after this

Issue

23/;;;/;;; $uity "hares23;/;;;/;

;;SJ

-" +ecurities /remium (ccount567

'efore this IssueA3/A;;/;;

;

!fter this Issue SJ

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&asic ratio

#iuidity ratio:

#iuidity ratios focus on the short3term and ma)e use of the current assets and current

lia!ilitiesshon in the ba%ance sheet1

• Current ratio

This is a simp%e measure that estimates hether the business can pay debts due ithin

one year out of the current assets1 ! ratio of %ess than one is often a cause for concern/ particu%ar%y if it persists for any %ength of time1

The formu%a for the current ratio is:

The current ratio is >:4

• uic) ratio.

It e%iminates certain current assets such as in,entory and prepaid e0penses that may be

more difficu%t to con,ert to cash1

uic) Ratio 7Cash V !ccounts Recei,ab%e V "hortBTerm or Mar)etab%e "ecurities8

7Current #iabi%ities8

The uic) ratio is 4:4

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#e,erage ratio:

• DebtBeuity ratio

! measure of a company6s financia% %e,erage ca%cu%ated by di,iding its tota%

%iabi%ities by stoc)ho%ders6 euity1 It indicates hat proportion of euity and debt the company isusing to finance its assets1

DebtBeuity ratio tota% %iab%itytota% euity

The DebtBeuity ratio range is beteen 4:4 to *:4

• Interest co,erage ratio

The interest co,erage ratio is used to determine ho easi%y a company can pay interest

e0penses on outstanding debt1

Interest co,erage ratio $arning before interest and ta0es Interest e0pense

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(rofitabi%ity ratio:

• Net profit ratio

Net (rofit Ratio indicates that portion of the sa%es hich is %eft out ith the oners after

considering a%% types of e0penses and costs either operating or non operating or norma% orabnorma%1 It is used to measure the o,era%% profitabi%ity and hence it is ,ery usefu% proprietors1

Net profit ratio Net profit after ta0 Net sa%e 4;;

• Return of capita% emp%oyed7ROC$8 ratio

The return of capita% emp%oyed 7ROC$8 ratio/ e0pressed as a percentage/ comp%ements the return

on euity 7RO$8 ratio by adding a company6s debt %iabi%ities/ or funded debt/ to euity to ref%ect a

company6s tota% capita% emp%oyed1

ROC$ $'TI Capita% emp%oyed

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.a%uation ratio

• $("

The $(" is the ratio of the net earning of the company and the tota% number of common

shares issued by the company1 This is the simp%est form of ca%cu%ating $(" and there are at %east

three different formu%as to ca%cu%ate the $("1

41 'asic formu%a of ca%cu%ating the $(" < (rofit is di,ided by the -eighed a,erage of thecommon shares1

>1 Net Income formu%a of ca%cu%ating $(" < In this formu%a the Net Income of the companyis di,ided by eighted a,erage of the common shares1

21 Continuing Operations formu%a of ca%cu%ating the $(" < To deri,e the $(" in thisformu%a the income from continuing operations is di,ided by the eighed a,erage of thecommon shares1

• D("

The the sum of dec%ared di,idends for e,ery ordinary share issued1 Di,idend per share

7D("8 is the tota% di,idends paid out o,er an entire year 7inc%uding interim di,idends but not

inc%uding specia% di,idends8 di,ided by the number of outstanding ordinary shares issued1

D(" can be ca%cu%ated by using the fo%%oing formu%a:

D B "um of di,idends o,er a period 7usua%%y 4 year8

"D B "pecia%/ one time di,idends

" B "hares outstanding for the period

4"


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+ocial responsi!ility:

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citi&ens of the communities and countries in hich they do business/ they at Chiripa% roup find heartfe%t mea

term corporate citi&enship1 Their companies and emp%oyees are engaged in a di,erse range of e%fare proe,ities in support of corporate citi&enship1

y fu%fi%% their socia% responsibi%ity by contributing their specific competencies in the fie%ds of socia% reforms and prherBua%ity and efficient hea%th treatment1 They abide by their commitment to bring e,er%asting changes in the %p%e1

rough their socia% commitment they intend to promote initiati,es/ for the educationa% and hea%th aareness amon)er sections of the society1 $,ery year on Director8s &8Day they organi&e ,o%untary '%ood Donation dri,e port of (rathama '%ood Centre/ at corporate office and a%% o,er the roup units1

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(9(RD+ (ND

(CHI-#--NT+:

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!ards and achie,ements are as fo%%o:

2010

1. Residential project with 3 BHK luxurious flats "Shanti Botanica" has been launched in andhina!ar.

2. ncorporated Shanti #uniors $re%schools& Shanti 'siatic School and Shanti Business School.

3. 's an effort of the !roup to contribute towards social cause& Shanti (ducational nitiati)es *S(+ has been

concei)ed.

,. -hree units anufacturin! /arp nit fabrics& $$ wo)en sacs and corru!ated boxes started operations in

our textile par % raj nte!rated -extile $ar *-$+.

. apti)e $ower $lant of 2 4/ capacit5 has becoe operational in $iplej.

6. 3 -sudaoa 'irjet loos ha)e been annexed in !roup copanies to enhance production capacit5 of

Botto%wei!ht and 7eni fabrics.

8. $roduction capacit5 of floc fabrics ha)e been scaled up with the coissionin! of a state%of%the%art full5

inte!rated coatin!9flocin! line fro (urope.

200:

1. Substantiall5 enhanced processin! capacit5 b5 installin! Re!!iani $rintin! 4achine& -on! en! #et 75ein!

4achine& additional BR ; 7R line.

2. hiripal launches branded bedsheet ran!e


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CONC,U+ION:

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+9OT analysis 7a%ternati,e%y +9OT atrix8 is a structured p%anning method used to e,a%uate

the +trengths/ 9ea)nesses/ O pportunities/ and Threats in,o%,ed in a proect or in

a business ,entur1

+trengths:

Indian Te0ti%e Industry is an independent and se%f re%iant industry1 !,ai%abi%ity of %o cost and s)i%%ed manpoer pro,ides competiti,e ad,antageto industry1 India has great ad,antage in spinning sector and has a presence in a%% process of operation and,a%ue chain1 Industry has %arge and di,ersified segments that pro,ide ide ,ariety of products1 9ea$ness:

Indian Te0ti%e Industry is high%y fragmented industry1 Industry is high%y dependent on cotton1

#oer producti,ity in ,arious segments1 #ac) of techno%ogica% de,e%opment that affect the producti,ity and otheracti,ities in ho%e ,a%uechain1 Higher indirect ta0es/ poer and interest rates

Opportunities:

roth rate of domestic te0ti%e industry is B?5 per annum #arge/ (otentia% domestic and internationa% mar)et1 (roduct de,e%opment and di,ersification to cater g%oba% needs1

Increased disposab%e income and purchasing poer of indian customer opensne mar)etde,e%opment1

$merging retai% industry and ma%%s pro,ide opportunities for the appare%/handicraft and othersegments of the industry1

reater in,estment and FDI opportunities are a,ai%ab%e

Threats:

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Competition from other de,e%oping countries1

Continuous ua%ity impro,ement is the need of the hour as there are differentdemand patterns a%%o,er the or%d1

eographica% disad,antages1 Internationa% %abour and en,ironmenta% %as1

To ba%ance the demand and supp%y1

To ma)e ba%ance beteen price and ua%ity1

Conclusion:Our o,era%% impression about the unit is ine0pressib%e1 In this report after ana%y&ing I canconc%ude that Chiripa% Te0ti%e industry is progressi,e ,ery rapid%y in theIndian mar)et1 The

performance of the unit is ,ery impressi,e in the past year1 !tpresent Chiripa% Te0ti%e Industry is popu%ar1 *2 years is a ,ery big time for anybrand to estab%ish itse%f successfu%%y in the mar)et1

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BibliographyChiripa(' 1. V. "!72. Chiripal Group. Ahemda)ad.

"!72. Scribd - Introduction to Chiripal.

1B. 2$""62$"2. Capital Structure.

2$"". Wikipedia - Rcruitment Process.

2$"". Wikipedia - Textile Industry In India.

industrial report chiripal

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