December 24, 2009

Farm Enterprises Limited ( Reliance Enterprises Limited )

2016 Blog Comment -Shares Can , Now , be Dematerialised


19-12-2015 Post

Farm Enterprises Shares to be Converted to Reliance Inds Shares 1:1

Farm Enterprises Limited ( earlier also Reliance Enterprises Limited )

Please go through the below mentioned Postal Ballot (  for Farm Enterprises shareholders )

All the Non Promoters shares in Farm Enterprises will be cancelled. In lieu of every 1 share of Farm  Enterprises ( Unlisted ) 1 share of Reliance Industries Limited  ( Listed )would be allotted ( free )

99 : 35 % of Farm Enterprises Shares are with Promoters. Total Share Capital Rs. 133 crore 33 Lakh ( Face value per Share = Rs.10.)

Farm Enterprises Limited is the new corporate entity of the erstwhile Reliance Enterprises Limited.


Farm Enterprises Limited
Registered Office : 
B-4, MIDC Industrial Area,
( Near Rasayni Police Station )
 Rasayni -410 - 220 ( Maharashtra )

Tel : 022-40613171

email :

Website :  Annual Reports can , also , be downloaded here.

  Registrars :-

Karvy Computershare Private Limite
Karvy Selenium Tower B
Plot 31-32, Gachibowli,
Financial District Nanakramguda,Hyderabad - 500 032,
Tel : +91-40-67161700
Toll Free No : +1800 425 8998
Fax : +91 40-23114087


Directors :

JSP Bansal,
Ashwin Khasgiwala
Atul Kumar Tandon
Rajendra Mangal

Assistant Company Secretary :
Hetal Rathod

As per the Annual Report 2008-2009

Equity Share Capital : on 31-03-09 :Around Rs. 6 crore
In the Previous Year i.e. as on 31-03-08, equity Share Capital was merely Rs. Six Lakh (60,000 equity shares of Rs. 10 each )

Face Value per Share : Rs.10
( The Company seems to have issued Optionally Convertible Preference Shares which on conversion would affect the Equity Capital )

As on 31-03-2009 there were around 2 crore  Series "A "12 % Optionally Convertible Cumulative Preference Shares outstanding and around 11 crore  32 lakh Series "A " 12 % Optionally  Convertible Cumulative Preference Shares ( Re 1 paid up ) outstanding .

Reserves : Rs 1950 crore
This would translate in to a Book Value of about Rs.3150 or so.

The company holds ( Pre Bonus ) 4 crore 60 lakh shares of Reliance Industries Limited . These may be worth , at CMP ( Ex 1:1 Bonus ) around Rs.9200 crore or roughly Rs.14750 per EQUITY share outstanding on 31-03-09 , thus giving it tremendous hidden worth.
( If the Equity Share capital as on 31-03-08 was taken and CMP of Reliance Industries Limited then the figure was Rs. Fifteen Lakh + , per one share of Rs.10/-)

  Dividend : Nil

Status : Shares appear to be not listed , hence illiquid

PLEASE NOTE :It appears that the Holders of  Optionally Convertible Preference Shares of Farm Enterprises ( Reliance Enterprises ) Limited  have to EXERCISE their option to convert in to EQUITY shares before the deadline. Otherwise their Right to Convert would Lapse.  

There are two types 12 % Optionally Convertible Cumulative Preference Shares ( Series A ).  

1 ) Fully Paid Up ( Rs. 10 / - ) each . Each such share can be converted into One Equity Share . Equity share can fetch around Rs. 600  which is much more profitable than the Redemption price of Rs. 275   which would be paid by the Company to all those holders ( after 5 years from Allotment ) who do not exercise the Right to Convert .

2 ) For Re. 1 paid up ( Face Value Rs. 10 ) the holder can apply for one equity share by making a further  payment of Rs. 199  ( Total Cost Re. 1 + Rs.199  = Rs. 200 ), before 5 years of allotment . If no application for equity shares  is made then holders would get back Re. 1 per share at the end of the Tenure


2016 Blog Comments. It seems ( PLEASE RECHECK THIS ) that regarding all those holders of Convertible Preference shares who did nor exercise their Right to Convert with in the Time period , their Rights have been taken by the Promoters ( Please Recheck this ) ( It appears this Post which exposed the Management has , now , been removed . It is not longer Available )

There should be listing of both Equity and Preference shares of Farm Enterprises Limited on the NSE 

(Important Comment From Mr. Satyakam Mishra )

Limited Liability Partnership Is The New Buzzword In The Corporate World

Limited Liability Partnership, or LLP, is the new buzzword in the corporate world. Or so it seems.Since the registration of the first LLP on April 2, 2009, the count of LLPs in India has touched 2,457. India Inc certainly seems to relish the idea of having a business model that provides the benefits of limited liability, separate juridical presence and continued existence while simultaneously affording the flexibility of partnerships.

Mukesh Ambani has already shifted a significant chunk of his 142,000 crore equity holdings in RIL to limited liability partnerships (LLPs), a new ownership structure. If my memory is correct Ambani has moved 34.17% stake held in 32 privately-held companies to 61 companies which include 27 limited liability partnerships (LLPs).. According to the data available on the stock exchange websites, Ambani held 44.7% stake via 41 privately held companies as of March 31, 2010. Some of the holding companies held as high as 9.6% stake while others held just few hundred shares. And, at the end of June 30, 2010 he held the same stake under 71 privately-held companies.

As part of the restructuring,
Godrej Industries has earlier sougt shareholder approval to form a special purpose vehicle to implement a real estate project along with its subsidiary Godrej Properties. Godrej Ind is the listed holding company of the Godrej group, with subsidiaries in varied businesses such as foods, consumer products, chemicals and real estate projects.

Godrej & Boyce Manufacturing Company is a privately-owned company of the group (which runs the group’s famous furniture and locks business) and is also the main shareholder of Godrej Industries. Godrej & Boyce has leased out land to Godrej Industries to house its current facilities. Of this, Godrej Industries plans to develop 36.5 acres of land (14.6 hectares) along with Godrej Properties. The three companies have signed a memorandum of understanding and will form limited liability partnerships (LLP). These LLPs will enter into lease agreements with Godrej & Boyce to develop the land. Godrej Industries will invest only Rs 1 crore for this project.

The LLPs will be set up for real estate projects. Godrej Industries will get a 40% share of the profits of the LLPs while Godrej Properties will get the rest. If the LLPs incur a loss, Godrej Properties will bear the entire burden. Godrej Properties will raise the funds required for the LLPs to implement the project. That would explain the higher share of profits, as it will fund the project as well bear all the risk.

This may well be the first instance of a large listed corporate using the LLP route to undertake a business activity. LLPs are internationally well accepted but have only recently become part of the corporate landscape in India. The main attractiveness of this structure is that, as the name indicates, limits the liability of the partners to their investment in the LLP and not beyond. It is also said to be easier to set up and operate with relaxed reporting structures unlike the traditional incorporation laws governing companies under The Companies Act, 1956.
LLP will have more flexibility as compared to a company and have lesser compliance requirements as compared to a company.

I am not sure of the status of Ambani’s holding in Farm Enterprise which is hold 2.8% equity of RIL. As per 31st December, 2010 filing with NSE, it continues to hold that stake. Farm Enterprise commands a value of 550-600 in off market curretly. I fear if the stake of Farm Enterpriseis also transferred , it will remain but a shell company.
All of us are aware that Indian promoter families control companies through myriad investment companies. So, it makes sense for them to make the shareholding more “tax efficient” by replacing investment entities by LLPs.

I don’t know how will the stock price react such conversion.but certainly this is making me nervous and jittery.

 Satyakam Mishra



Blog Message 

1) Public Shareholders of Unlisted Companies , please email your Offers / Bids , along with your contact details to :-

These would be published Free of Cost .

2 ) M- 97795-24470


General Warning : Investment in Shares Can Be Injurious to Your WEALTH

Disclaimer : All facts stated in good faith. Please recheck every point before taking any decision. No responsibility with the writer / blog

December 06, 2009

The Yamuna Syndicate Limited

new post

September 30, 2017

Yamuna Syndicate BSE and / or Metropolitan Listing Soon

To be Listed on BSE and / or Metropolitan ( please refer Page 4 of Annual Report 2016-17 )


old post

September 30, 2017

Yamuna Syndicate Annual Report 2016-17


To be Listed on BSE and Metropolitan ( please refer Page 4 of Annual Report 2016-17 )

Yamuna Syndicate has , recently in 2017 , issued bonus shares in the ratio of 1 :1 ( PLEASE RECHECK )

Yamuna Syndicate holds 44 : 83 % equity of Isgec Heavy Engineering..

Face Value of Yamuna Syndicate share is Rs. 100 .



Profile and history of the Company since inception

The Company is engaged in trading & marketing of a wide variety of products. The company commenced its business in the year 1955.

The Company has wide experience in trading of automobile segment especially in Agri- Machinery i.e. that is Tractor.

The Company started trading of tractors with dealership from M/s. Escorts ltd. in the year 1957, with branches in North Haryana, South Punjab, Western U.P. & the entire state of Himachal Pradesh.

Besides, Tractor Business, the Company has a reputed Petrol Pump since 1961 licensed by M/s. Hindustan Petroleum Ltd at Radaur Road, Yamunanagar.

During the year 2000-2001, the Company has taken distributionship of AMARON batteries being supplied by M/s. Amara Raja Batteries Ltd for the districts of Yamunanagar, Kurukshetra and Ambala in Haryana.

The Company has also dealership for Electrical home appliances from M/s. Crompton Greaves Ltd and M/s. Larsen & Toubro Ltd

The Company is also stockiest for SERVO brand of M/s. Indian Oil Corporation Ltd for their Industrial Lubes for the area in Yamunanagar, Ambala and Panchkulla districts of Haryana since 2003.

The Company has also taken distributionship of M/s. GULF Oil Corporation Ltd for automotive lubricants in some of the areas in Himachal Pradesh.

The Company is also selling in retail Fertilizers & Pesticides to farmers being supplied by various manufacturers i.e. M/s. E.I. Dupont India Pvt. Ltd., M/s. Dhanuka Agritech Ltd etc.

In past, the Company had also been involved in dealership business of Yamaha Motorcycle business, passenger cars for Hinustan Motors, commercial vehicle for Ashok Leyland and dealership of maruti spares parts.

The Company is backed by a strong Associate Company M/s. Isgec Heavy Engineering Ltd, which is diversified industrial group with interest in Heavy Engineering, Steel Casting Projects, and Sugar, wherein the Company has 44.83% of its total Share Capital as investment.

In October, 2013, the Company gave up tractor dealership of M/s. Escorts ltd. and took over dealership for New Holland brand of tractors from M/s. New Holland Fiat (India) Pvt. Ltd., wherein better margins were available.

In two years of our taking dealership of New Holland make of tractors, we had to give up dealership of M/s. New Holland because tractor business was becoming unviable due to competition and lower demand. We finally closed tractor business during 2015-2016.

All the other existing businesses are doing well especially distribution of Batteries, which is contributing 30% of the total revenue.


official site


It appears some shares of Yamuna Syndicate ( Rs.100 paid up Ex Bonus )_ PLEASE RECHECK )   are available for Sale / Purchase with Dealers of Rare Indian Shares.


Caution : Please Recheck All Information Before Taking Any Investment Decision.

old / oiginal post

Established in 1954 , its Registered Office is at Yamunanagar ( Haryana )

Chairman : Ranjit Puri

Directors : Manmohan Singh ; Vinod K. Nagpal ; DD Sharma ;Aditya Puri

The company is engaged in trading and distribution of tractors, spare parts ,pesticides and petrol etc.

But the main asset of the company is its investment in 30,52,490 shares face value Rs.10/- each( as per Annual Report 2008-09) of The Sarawati Industrial Syndicate Limited ( a very large sugar mill in Yamunanagar ).

The book value of this investment is put at Rs.13.4 crore whereas its market value ( in the Annual Report 2008-09 has been stated at Rs.177 crore.)

( The profitability /value of all sugar shares has gone up very substantially in the recent past ).

Share Capital : Rs.Two Crore Eleven Lakh
Reserves :Rs.15.2 crore.
Face Value per Share : Rs.100 ( Shares in Physical only )

Last Dividend : 30%

Status : Probably No Listing and Bulk of Shares are with the promoters.

Official website :-

Yamuna Syndicate 2014-15- Annual Report


Yamuna Syndicate -Promoters Rs.1845/26p Offer- No Response - Withdrawn


1. Please refer to your email dated 02.11.2016.

2. You have raised certain concern regarding the Exit Offer given by the 

3. In this regard please be informed that the Company, Yamuna Syndicate 
Ltd., was shifted to dissemination board. Subsequently, as per the requirement 
of SEBI vide its Circular dated April 17, 2015, the promoters, of the Company 
had already given exit offer during October 2015.

4. This offer was a voluntary offer by the Promoters and since one month 
has already expired ever since the offer has been made with no shares being 
tendered till date, we herein wish to inform you that, the Promoters have 
withdrawn the exit offer. 

5. Therefore, with the withdrawal of offer, the subject matter of your 
query/grievance regarding offer price no longer remains.

6. Copy of the Annual Report is enclosed.

7. We hope you find the above to your satisfaction. 

Thanking you,

Yours faithfully,
For The Yamuna Syndicate Limited



November 04, 2016

Yamuna Syndicate Exit Price Only Rs.1845:26p / Rs.100 Paid Up Share

The Yamuna Syndicate Ltd. has came out with exit offer @ Rs.1845/26 per share.

I bring to your kind notice that the said company is holding  44.83 %  i.e. 32,96,526  shares of ISGEC Heavy Engg. Ltd. ( BSE Code : 533033 ) whose today's market rate is Rs.5110/- per share.

The Yamuna Syndicate Ltd.'s share capital is Rs.21164800/- divided into 211648 shares of Rs.100/- each.

 This means every share of The Yamuna Syndicate Ltd. is worth more than -15- shares of ISGEC Heavy Engg. Ltd.

This means holding/fair  value of more than Rs.75000/- peshare of Yamuna Syndicate. 

 I am not considering reserves and value of land and building but promoters' is offering Rs.1845/26 per share in exit offer.

Daya Rajiv Maheshwari



Yamuna Syndicate Annual Report 2015-2016

.Click here to view/download the PDF files:



Rajiv Maheshwari

Yamuna Syndicate shares are Rs.100 Paid Up

 Shares of the Company were exclusively listed on Delhi Stock Exchange. The Securities Exchange Board of  India de-recognized the Delhi Stock Exchange vide its order dated 19 November, 2014

shares of Yamuna Syndicate Limited would be moved to the DISSEMINATION BOARD of NSE / BSE



November 04, 2016

Yamuna Syndicate Exit Price Only Rs.1845 : 26p / Rs.100 Paid Up Share

The Yamuna Syndicate Ltd. has came out with exit offer @ Rs.1845/26 per share.

I bring to your kind notice that the said company is holding  44.83 %  i.e. 32,96,526  shares of ISGEC Heavy Engg. Ltd. ( BSE Code : 533033 ) whose today's market rate is Rs.5110/- per share.

The Yamuna Syndicate Ltd.'s share capital is Rs.21164800/- divided into 211648 shares of Rs.100/- each.

 This means every share of The Yamuna Syndicate Ltd. is worth more than -15- shares of ISGEC Heavy Engg. Ltd.

This means holding/fair  value of more than Rs.75000/- peshare of Yamuna Syndicate. 

 I am not considering reserves and value of land and building but promoters' is offering Rs.1845/26 per share in exit offer.

Daya Rajiv Maheshwari


Blog : 

It appears , some Dealers of rare indian shares are Buying / Selling Yamuna Syndicate shares at a much higher rate. 

Isgec Heavy / Saraswati Industrial History

Official site :-



General Warning: Investment in Shares Can be Injurious to Your Wealth

All facts stated in good faith. Please recheck every point before taking any investment decision. No responsibility with this writer / blog.

December 05, 2009

Gokak Textiles Limited

Gokak Textiles Limited was demerged ( textile business ) in 2006 from Forbes Gokak Limited ( now known as Forbes & Co. Ltd. ).For every 2 shares of Forbes, one share of Gokak was allotted .

Gokak Textiles is a subsidiary company of Shahpoorji Pallonji & Co. Limited.Forbes Gokak Limited is ,probably, the oldest joint Stock Indis, still in existence. Shapoorji Pallonji bought the controlling stake from the Tata group a few years ago. They are shareholders in Tata Sons Limited.

Shapoor Pallonji group is one of the largest and highly respected business groups ( although maintaining low profile . They were producers of the epic film " Mughal-e-Azam ).

Registered Office :

Gokak Textiles Limited,45/3,
Gopal Krishna Complex,
Residency Cross Road,

Factories :-

Gokak Falls ( Karnataka )
Marihal ( Karnataka )
Belgaum ( Karnataka)
Ludhiana ( Punjab )

At Gokak Falls, the company operates one of India's earliest hydro electric power stations.

Chairman ; Shahpoor P. Mistry,
Directors : Pallonji S. Mistry ; HS Bhaskar ; Ashok Barat ; DG Prasad ;CG Shah ; HS Billimoria ; Ramaotar Goyal ;PN Kapadia ;RN Jha

Share Capital : Rs. Six Crore Fifty Lakh
Reserves : Rs. 53 Crore ( giving a book value of around Rs. 80/- per share of Rs. 10 each )

For the financial year ended 31-03-09 on a turnover of Rs.262 crore, Gokak Textiles Limited posted a net loss of Rs. 25 crore.

Textile companies had been facing rough times. They would see better times.
Gokak Textiles Limited " is coming out with its own brand to market undergarments and other products which are growing at the rate of 20-25% at present ".

No. of shareholders : around 12,000 ( 31-03-09 ).73.5% equity is held by promoters.

Status : Shares are listed at BSE. Although daily quotation is availability- ( jobber activity ) , the share is only moderately liquid.Market rate around Rs.40/-.

For the 18 month period ending 30 /09/12 Gokak Textile has made a Net Profit of around Rs. 19 cr. This is because of Transfer of Hydro Electric Unit to a Subsidiary for  Rs. 94 Cr Net Cash. With this Gokak seems to repaid most of its Debt and may have returned to Profits in the foreseeable future. On these counts Gokak Textiles seems to be a Good Buy on Long Term basis


Gokak Textiles to Sell its Knitwear Unit

Gokak Textiles is a rare Listed Company of  Shahpoorji Pallonji Group ( partners/ relatives of Tata s with Cyrus Mistry as Tata Group Head ).

Gokak Textiles is on a Re organisation mode ( having rolled out and partially monestising its Hydro Electric Unit )

Now Gokak Textiles is selling its Karnataka based Knitwear Unit.Please click :- 

June 16, 2014


Shervani Industrial Syndicate Limited ( GEEP )

new post

May 30, 2017

Shervani/ Geep Industrial Super 2016-17 Results


EPS  Standalone Ra. 45 / 89 p, Consolidated Rs. 48 / 41 p

Book Value / share Rs.600 +

Source / For More

Industry ( Real Estate ) PE ratio is around 30.

old post


Established in 1948 , at Allahabad , by the deeply patriotic and enterprising Shervani family , GEEP ( Great Eastern Electro Plating ) sought to contribute to independent India's self reliance in electroplating industry. Electroplating technology was used by it for manufacturing torches ( famous Geep brand ).In due course it began to produce batteries. In the post globalization scenario , Geep sold out its traditional torch / battery business to Multinational- Gillette.


Registered Office
: Shervani Nagar,
Sulem Sarai,
Allahabad- 211011

Chairman Emeritus :Azhar Nisar Shervani
Chairman : Dr. Kamal Kumar
Vice Chairman :Tahir Hasan
Managing Director : Saleem Iqbal Shervani
Whole Time Director : Raju Verghese
Directors : Saeed Mustafa Shervani ; Salma Hasan ; Kush Bhargava & Gopal Swaroop Chaturvedi

Share Capital Rs.Three Crore & Twenty Eight Lakh
Reserves Rs.54 crore
( Thus the Book Value is around Rs. 165/- per Rs. 10 paid up share.)

After closing down its battery / torches manufacturing facility at Allahabad , Shervani Industrial Syndicate Ltd. is , currently , in the process of selling machinery . It proposes to develop its very substantial and highly valuable land for REAL ESTATE projects.

To the best of our knowledge ( which please recheck ) the extent of land bank of Shervani Industrial Syndicate Limited in the posh Suleman Serai area of Allahabad is between 30 to 35 acres.

Shervani Industrial Syndicate is cash rich . Its sticky investment in Shervani Sugar Syndicate Ltd. have been provided for. There may be some gains  by way of recovery of amounts earlier provided for in the Books of Account here as sugar prospects had improved substantially .

Tara Snacks And  Foods Ltd. ( now renamed Farco Foods Limited) , a loss making entity ,is its subsidiary.

Another associate Company Shervani Hospitalities Ltd ( of which Shervani Industrial holds shares ) which has hotels in Nainital, New Delhi etc ( Nehru Place Hotel opening shortly )should be doing well as Hotel prospects have improved greatly.

For the financial year ended 31-03-09, Shervani Industrial Syndicate posted a net loss of around Rs.3 crore.( To maintain its track record of uninterrupted dividend payout , 5% was paid out of reserves )

In the current year , the Company seems to be doing reasonably well:-
Net Profit Q1 (ended June 2009) : Rs 150 lakh
Net Profit Q2 ( ended Sept 2009 ) Rs.14 lakh

Annual Report 2010

Net Profit ( Financial Year 2009-2010 ) Rs. 3 cr 79 lakh
Dividend : 8 %


" The Company has entered in to a builder agreement for development of property in to residential flats in the name of " STERLING APARTM
ENTS " in a very posh locality in Allahabad . Booking of the flats has commenced " - Directors' Report ( 2010 )

Shervani Industrial has declared a dividend of 10 % for the year ended 31 March 2011 .

No. of Shareholders : Around 1450

Listed at : BSE , Delhi Stock Exchange and UP Stock Exchange - Kanpur
Daily quotation is available at BSE( between Rs 24 and Rs.27 -More of Jobbing Activity ) Share is only moderately liquid .


Shervani Industrial Syndicate ( Geep ) Book Value Jumps to 658 Per Share

In the Annual Report 2011-12 there has been a big jump of

Rs.155 crore  ( as Current Asset - i.e.Land as Stock in Trade ) as the company is now in the business of real estate and may have revalued the book value of its land at current valuations

As on 31-03-12

Share Capital - Rs.3 cr 28 Lakh ( Face Value Rs. 10 )

Reserves : Rs. 210 crore

Book Value Per Share : Around Rs. 658

Company Profile

Trading of other consumer goods, the name of the company was again changed to Geep Industrial Syndicate Limited w.e.f. 20th August 1979. Till the year 1998-99, the company was engaged in full-fledged activity of manufacturing and selling of flashlight cases miniature lamps and dry cell batteries. However on the 25th of November 1998 the company entered into a deal with two companies of Gillette India Private Limited namely M/S Wilkinson Sword India Limited (WSIL) and Gillette Diversified Operations Limited (GDOL) whereby it sold GEEP brand. As the company name Geep Industrial Syndicate Limited was identified with the brand GEEP which it sold to WSIL, it became necessary to change its name as per the terms of the agreement with WSIL. Hence, w.e.f 17th March. 1999 the company name was again changed to its present name, Shervani Industrial Syndicate Limited. Now the company has enetered in to real estate business and started its first housing project in the name and style of Sterling Apartment

The company was promoted by Late Mr. M. R. Shervani, an eminent personality who ventured into different businesses in the consumer goods market and set up other ongoing projects viz. Sugar Mill and Hospitality business. The present Managing Director Mr. Saleem Iqbal Shervani took over in the year 1981. Mr. Saleem Shervani aged about 58 years is a B.A. (Hons) Gold Medallist in Economics from Aligarh Muslim University. He had held portfolios of the State Minister of Health and Family Welfare (Independent charge) and the State Minister of External Affairs. He was member of various parliamentary committees including the Consultative Committee of Ministry of Finance and Ministry of External Affairs and Central Advisory Committee on Science and Technology. In the year 1990, he was honored with Indira Gandhi Unity Award for outstanding services, achievements and contribution to the society. He was also a member of the Indian delegation to the UNO several times.

Group Companies
Subsidiary Company

Farco Foods Private Limited: Farco Foods is wholly owned subsidiary of the company and situated at Jagdispur in District Chatrapati Shahuji Maharaj Nagar (Amethi). It is a biscuit manufacturing unit. Presently the unit is working under Job Work agreement with Surya Foods & Agro Limited and producing the Biscuits under their brand name Priyagold. Approx 350 MT biscuits are produced every month
Associate Companies

1. Shervani Sugar Syndicate Limited: It is an associate company producing white crystal sugar. The unit is situated at District Kanshiram Nagar in central U.P. with crushing capacity of 3000 TCD.
2. Shervani Hospitalities Limited: It is an associate company engaged in the hospitality business. The company is running its hotel at Sunder Nagar, Nehru Place in New Delhi and one hotel in Nainital in the name of Shervani Fortview, Shervani Nehru Place and Shervani Hill Topp Inn respectively. Apart from these hotels company is also running a restaurant at Connaught Place in New Delhi in the name of Rodeo

For  Official Website of Shervani Industrial Syndicate

General Warning : Investment in Shares Can be Injurious to Your Wealth

All facts stated in good faith. Please recheck all points before taking any investment decision ( No responsibility with the writer or blog )

CAUTION : The writer has in his / family members' names holding in this Company. So make adequate " provisions " for any over optimism


September 08, 2016

Shervani Industrial Syndicate ( Geep )-Is it on Mega Profits , Now ? Please Recheck

Shervani Industrial Syndicate , it seems ,  in the current 2016-17 -has finally started monetising its real estate project , Shervani Legacy , Allahabad,

For the Q1 ( 2 months ending June 2016 , Shervani Industrial has EPS of Rs. 7 / 96 p


For the financial year 2015-16 ,Shervani Industrial had skipped Dividend.

For 2015-16 Annual Report

September 29, 2011

Shervani Industrial Syndicate Limited - Annual Report - Comments

 ( Formerly known as Geep Industrial Syndicate Limited )

Chairman Emeritus

Mr.Azhar Nisar Shervani


Dr. Kamal Kumar

Vice Chairman

Mr. Tahir Hasan

Managing Director

Mr. Saleem Iqbal Shervani


Mr. Saeed Mustafa Shervani
Mr. Kush Bhargava
Mr. Gopal Swarup Chaturvesi
Mr. Raju Verghese

For the Financial Year Ended 31-03-11

Turnover : 8 cr. 58 lakh

Net Profit
Rs. 85 lakh
MAT Credit Entitlement Rs. 61 lakh
10 %


First Real Estate project : Sterling Apartments successfully launched . Response Overwhelming . Company looking for land at prime location in Allahabad for its next project .

Subsidiary Company : Farco Foods Private Limited entered in to a job work agreement with Surya Foods And Agro Limited for five years for making  Priyagold biscuits. Production restarted from April 2011.