AMBIKA SOLVEX LIMITED

Registered Office :
Address304, Satyageeta Apartment, 90/47, Sneh Nagar Main Road, Indore - 452001, Madhya Pradesh, India
Tel. No.91-731-3046777/ 78/ 79/ 4096524/ 26/ 3046776
Mobile No.91-9425912817/ 2471655
Fax No.91-731-2471655
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SUMMARY
Incorporated 1992/10/16
Registration No. 10-7363
No. of Employees 500(approx)
Line of Business Manufacturer and Exporter of a Gamut of products.
Status Company is a well established concern having satisfactory track records.
Payments Fair
Litigation Clear
Banking Reputation Satisfactory
Auditors
Name :V. Bomb and Company, Chartered Accountants
Address :411, Apollo Tower, 2, M.G. Road, Indore 452 001, Madhya Pradesh, India

FACTORY WAREHOUSE
Factory 1 :Amrawati Road, Village Vani Rambhapur, Akola 444 004, Maharashtra, India
Tel. No :91-724-2238091/ 94, 2800189/ 90
Fax No :91-724-2237213
Factory 2 :Near Industrial Area, Mhow Neemuch Road, Jaora 457 226, Madhya Pradesh, India
Tel. No :91-7414-220922/ 23
Fax No :91-7414-220157
Factory 3 :Village Chakrod, Teh. Kalapipal, District Shajapur 465 337, Madhya Pradesh, India
Tel. No :91-7360-268703/ 268036
Factory 4 :Village Lakhroni, The. Patharia, District Damoh 470 666, Madhya Pradesh, India
Tel. No :91-7601-242291



LEGAL FORM
A Closely Held Public Limited Liability Company.

DIRECTORS

DIRECTORS
Name :Mr. Kailash Garg
Designation :Director
Address :87, Samrat Ashok Nagar, Indore 452 001, Madhya Pradesh, India
Date of Birth/Age :1958/07/22
Date of Appointment :1992/10/16
Name :Mr. Suresh Garg
Designation :Director
Address :Mahajan Mohalla, Janakpura Old Dhan Mandi, Mandsour, Mandsour, Madhya Pradesh, India
Date of Birth/Age :1961/08/11
Date of Appointment :2005/09/30
Name :Mr. Arjun Hotwani
Designation :Director
Address :Shikshak Nagar, Pipliya Mandi, Mandsour, Mandsour, Madhya Pradesh, India
Date of Birth/Age :1952/11/19
Date of Appointment :1992/10/16

KEY EXECUTIVES
Name :Ms. Harshita Modani
Designation :Company Secretary
Address :102, Gouri Keshar Apartment, 107, Usha Nagar Main, Indore 452 009, Madhya Pradesh, India
Date of Birth/Age :1980/05/19
Date of Appointment :2007/05/05
Name :Ms. Archana Shah
Designation :Company Secretary
Address :159, Vidhya Nagar, Behind Sapna Sangeeta Talkies, Indore 452 001, Madhya Pradesh, India
Date of Birth/Age :1973/07/02
Date of Appointment :2008/11/06



MAJOR SHAREHOLDERS

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN As on 29.09.2007
Names of Shareholders (Equity Shares)No. of Shares
Shivkumar Hotwani54400
Jethamal Hotwani38500
Kailash Chand Garg391900
Arjundas Hotwani46400
Prakash Chad Hotwani16600
Roopchand Hotwani49200
Narayandas Hotwani19600
Vinod Kumar Garg277600
Suresh Garg37500
Mahendra Bomb60000
Vishnu Tugawat800
Dilip Duggal20000
Kailash Jain296225
Kamal Malalni3775
Konark Commercial and Industries Limited100000
Gautam Resources Limited220000
Vardhman Solvent Extraction Industries Limited180000
Dhulatawala Exim Private Limited400000
Total2212500

Names of Shareholders (Preference Shares)No. of Shares
Vinod Kumar Garg350000
Kailash Chand Garg300000
Suresh Chand Garg350000
Total1000000

As on 29.09.2007
Equity Share BreakupPercentage of Holding
Category
Bodies corporate28.02
Directors or relatives of directors60.13
Other top fifty shareholders11.85
Total100.00



PRODUCTS DETAILS

Products:
Item Code No. (ITC Code)Product Description
Soya Lecithin
Soyabean Meal
Refined Soyabean Oil, etc.
230400 03Soyabean Meal(DOC)
150790 00Soyabean Oil


EXPORT DETAILS

Exports to :
Countries :Asia, Middle East and Europe



PRODUCTION DETAILS

PRODUCTION STATUS As on 31.03.2007
ParticularsLicensed Capacity
Own Plant (Jaora)700 MT Per Day
Own Plant (Akola)800 MT Per Day
Leased Plant (Jaora)100 MT Per Day
Refinery (Akola)200 MT Per Day

ParticularsInstalled Capacity
Own Plant700 MT Per Day
Own Plant(Akola)800 MT Per Day
Refinery(Akola)200 MT Per Day
Leased Plant(Jaora)100 MT Per Day

ParticularsActual Production
Soya Solvent Oil36821.461 M.T.
Soyabean De-Oiled Cake165515.342 M.T.
Akola Plant :
Soya Solvent Oil11569.962 M.T.
Soyabean De-Oiled Cake52974.659 M.T.
Soya Refined Oil18509.104 M.T.







BANKERS

Bankers :
State Bank of TravancoreA.B. Road, Navlakha, Indore 452 001, Madhya Pradesh, India
Punjab National BankManorama Ganj, A.B. Road, Indore 452 001, Madhya Pradesh, India
Dena BankShalimar Corporate Centre, South Tukoganj Branch, Indore
HDFC Bank
Central Bank of IndiaSiyagang Branch, M.T.H. Compound, Indore 452 003, Madhya Pradesh, India

AUDITORS
Name :V. Bomb and Company, Chartered Accountants
Address :411, Apollo Tower, 2, M.G. Road, Indore 452 001, Madhya Pradesh, India

FINANCIAL INFORMATION

[all figures are in Rupees Millions]

PROFIT & LOSS ACCOUNT
Particulars2007/03/312006/03/312005/03/31
Sales Turnover4325.6233728.7742788.045
Other Income14.93511.4986.465
Total Income4340.5583740.2722794.510
Profit/(Loss) Before Tax33.6256.09914.854
Provision for Taxation14.3001.6001.200
Profit/(Loss) After Tax19.3254.49913.654
Expenditures :
Material Cost3886.7323334.4452599.839
Manufacturing Expenses164.188152.50288.476
Employees Remuneration & Benefits9.5826.9254.393
Office & Administrative Expenses17.79713.91410.853
Selling & Distribution149.357127.24772.007
Financial41.32342.37717.951
Loss on Sales of Fixed Assets0.2330.0000.000
Depreciation & Amortization36.69230.37912.805
Increase/(Decrease) in Finished Goods1.02926.384(26.668)
Total Expenditure4306.9333734.1732779.656




CAPITAL STRUCTURE

Capital Structure

Authorised Capital :
No. of SharesTypeValueAmount
5000000Equity SharesRs.10/- eachRs.50.000 millions
100000015% Non Cumulative Redeemable Preference SharesRs.10/- eachRs.10.000 millions
TotalRs.60.000 millions

Issued, Subscribed & Paid-up Capital :
No. of SharesTypeValueAmount
2212500Equity SharesRs.10/- eachRs.22.125 millions
100000015% Non Cumulative Redeemable Preference SharesRs.10/- eachRs.10.000 millions
TotalRs.32.125 millions




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