September 29, 2010

Oscar Investments Limited

Registered Office :-

55 , Hanuman Road ;
Connaught Place ;
New Delhi- 110001

RTA

Link Intime India Private Limited ,
New Delhi

Managing Director :-
Mrs. Japna Malvinder Singh ;

Directors :-
Malvinder Mohan Singh ;
Shivinder Mohan Singh ;
Mrs. Aditi Shivinder Singh ;
Anuj Chowdhry ;
Dr. Preetinder Singh Joshi



Incorporated in 1978 Oscar Investments Limited is the promoters' holding company of the Religare / Fortis group of India's renowned entrepreneur brothers Malvinder Singh and Shivinder Singh ( ex Ranbaxy promoters ).

Financials ( 31-09 -10 )

Share Capital : Rs. 17 cr 28 lakh
Face Value : Rs. 10
Reserves : Rs. Rs. 1325 cr 75 lakh
B.V. : Around Rs.780
Loans : 460 cr
Investments : Around Rs. 1000 cr.
Net Current Assets : Around Rs. 800 cr.

( 2009- 2010 )

Gross Profit : Rs. 66 cr 20 lakh
Net Profit : 50 cr. 79 lakh
Dividend : Nil

Oscar Investments Limited has investments in subsidiary companies Shimal Research Laboratories Limited and its subsidiary Fortis Clinical Research Limited ; in Preference Shares of Group companies and in mutual funds ( both Liquid and Equity based schemes )

Subsidiary ,Fortis Clinical Research Limited carries out , on contract basis , research projects for Indian and International Pharma Companies

Made a fortune by selling Ranbaxy shares.

 Although listed in BSE ( actively traded ) but no dividend


No. of Shareholders : Around 2759
Promoters Holding : Around 69 %
Demat % : Around 61 %

Listing : BSE
Status : Fairly Liquid ( Daily Quotation Available )
CMP : Rs. 550

http://www.oscarinvestments.org/

http://www.rareindianshares.info/2010/12/asset-laden-investment-companies.html

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August 11, 2016


Oscar Investments New Name Healthcare Technologies Post Merger of HealthFore Tech

HealthFore Technologies is merging with group Company, Oscar Investments


20 shares of HealthFore = 3 Shares of Oscar Investments

http://www.healthfore.com/news-media-releases/media-release-detail/HealthFore-Technologies-Ltd-to-merge-with-Oscar-Investments-Ltd.#.V6witNR95kh

New name of merged entity : Healthcare Technologies Limited


http://dev.vccircle.com/news/technology/2015/12/14/singh-brothers-merge-listed-health-tech-firm-investment-company

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Incorporated in 1978 Oscar Investments Limited is the promoters' holding company of the Religare / Fortis group of India's renowned entrepreneur brothers Malvinder Singh and Shivinder Singh ( ex Ranbaxy promoters ).

More 

http://www.rareindianshares.info/2010/09/oscar-investments-limited.html

===========

In another move , in order to Unlock Investor Value , group company Fortis Healthcare is demerging its diagnostic unit SRL Diagnostics in to a separate Company. Diagnostic Companies like Dr. Path Lab Thyrocare are commanding very good rates. 

http://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/fortis-healthcare-to-vertically-demerge-srl-diagnostics/articleshow/52448037.cms

=============

There is some sort of UNCONFIRMED Speculation in the market that the Demerged SRL Diagnostic may be ultimately merged with Healthcare Technologies ( Oscar Investments )  . PLEASE NOTE THIS IS PLAIN AND JUST SPECULATION SO PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THIS RUMOUR

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General Warning : Investment in shares can be injurious to your WEALTH.

Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism .

( All comments / facts given in good faith. Please recheck all points before taking any investment decision. No responsibility with this blog / writer )


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September 26, 2010

Nijjer Agro Foods Limited

new post

July 29, 2017


No Annual Reports For 3 Years- Directors Stand Removed

Ministry of Corporate Affairs has undertaken punitive action against Directors not filing returns for 3 years or more

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"Further, the exercise of identification of the directors of the companies defaulting in filing of financial statements or annual returns for continuous period of three financial years has been undertaken as part of the ongoing process for disqualification for reappointment as director in that company or in other company for a period of five years, he said "

Source / for more, please click

http://www.business-standard.com/article/economy-policy/rs-13-300-cr-transacted-via-1-155-shell-companies-in-last-3-yrs-i-t-dept-117072801110_1.html


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There are many companies which have not sent Annual Reports to Shareholders or held AGM s.

Shareholders should write to Ministry of Corporate Affairs, seeking dismissal of their Board of Directors.

Address :-

Ministry of Corporate Affairs,

'A' Wing, Shastri Bhawan, 
Rajendra Prasad Road,
 New Delhi, Delhi 110001

============

One example of a company which has not sent Annual Report or held AGM for more than 3 years is Amritsar based Nijjer Agro Foods.
=====================

new post

June 22, 2017


Nijjer Agro Foods May Gain From Recent Bankruptcy / Restructuring Laws

Recently enacted Insolvency / Bankruptcy Laws and Asset Restructuring procedures enabling New Investors for NPA / debt laden companies has infused fresh life in to moribund shares like Amtek  Auto.

Another such company may be Amritsar based Nijjer Agro Foods ( Delisted for non compliance from BSE).

Nijjer Agro Foods is asset laden

It has a huge land holding on GT Road ( Near Amritsar Toll Plaza ) and an excellent production facility.

Nijjer Agro Foods used to make Maggie sauces / ketchups for Nestle and supplied Amla juice to Patanjali.
It , also, had a milk plant/ ice cream factory.

Earlier there were unconfirmed reports of Nestle, Reliance Fresh etc were interested in taking over.


May be time has , now  finally come for New Investors /Promoters to move in . 

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old / original Post

Registered Office & Factory :-

Village Meharbanpura ,
P.O. Jandiala Guru ,
GT Road ,
District : Amritsar
Pin :143115

Managing Director : Satbir Nijjer
Directors

WS Nijjer
KC Mehra
Dr. GS Kalkat
Mrs. Navdeep Nijjer
Prof. UC Singh
S Sengupta

Nijjer Agro Foods Limited was set up in 1988 to set up an agro processing ( mainly tomato processing and dairy plant ) in Amritsar District.

Financials ( 31-03-2009 )

Share Capital : Rs. 10 cr 20 lakh
Face Value : Rs. 10

( 2008-09 )

Sales Rs.12 cr 14 lakh
Gross Profit : Rs. 2 cr 12 lakh
Net Loss : 66 lakh

Nijjer Agro which has nearly wiped out its share capital due to accumulated losses is coming back to positive. It is not under BIFR and it has arrived at a negotiated settlement with financial institutions and dues have been cleared.

Nijjer Agro had been processing ketchup etc. for Nestle India. The loss making milk plant has been closed . It has diversified in to fruit pulp / juices. It has been producing amla juice for Patanjali Ayurveda Limited.

Nijjer Agro seems to be turning around. Its product portfolio fits well with large grocery chains with whom there may be a strategic tie up in future.

Nijjer Agro 's factory is set up on a large piece of land on the GT Road . The market value of this land is many times its book value.

Demat %: Around 58 %

Listing: Was Listed in BSE - But trading suspended due to Non Payment of BSE's listing fees

Status : Illiquid

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

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking an investment decision.No responsibility with this blog / blog writer

September 21, 2010

Essar Steel Limited

Incorporated in 1976 as Essar Gujarat Limited , Essar Steel Limited belongs to the renowned ESSAR Group of S + R ( Shashi + Ravi Ruia Brothers )

Registered Office :-

Hazira- 394270

RTA :-

Data Software Research Co. Pvt. Limited ,
Chennai-.600024

Chairman : SN Ruia
Director Marketing : Vikram Amin
Director Operations :Dilip Oommen
director Finance ; Mahadev Iyer
Directors
PS Ruia
RR Ruia
SV Venkatesan
Jatinder Mehra
VG Raghavan
Malay Mukherjee
KV Krishnamurthy
Jatinder Balakrishnan

Company Secretary
Narottam B Vyas

Operations

Essar Steel Limited operates an integrated steel plant ( 4.6 MTPA ) in Hazira (Gujarat ). ;
Ore benefication plant ( 8 MTPA ) at Kirandul and Pelletisation at Vizag
precoated facility at Pune .

Further , large expansions are under way at Hazira and Orissa plant

Essar Steel Limited through at the Reverse Book Building process in 2007 delisted from the Stock Exchanges at the " discovered Price " of Rs. 48.

http://www.suchetadalal.com/?id=175202d7-a5ce-be2f-492fe1477460&base=sub_sections_content&f&t=Essar%27s+Delisted+Saga

Presently , Essar Steel Holdings Limited ( which in turn is a subsidiary of Essar Global Limited -Cayman Island -the ultimate holding Company ) is the holding company of Essar Steel Limited.

Financials ( 31-03-2010 )

Share Capital : Rs.1184 cr
Share Capital ( to be allotted on amalgamation )Rs 1073 cr
Reserves : Rs. 6834 cr.

Amalgamations

Essar Steel ( Hazira ) Limited ;
Hazira Plate Limited
Hazira Pipe Mil Limited and
Essar Steel Orissa Limited

have been amalgamated with Essar Steel Limited


( 2009-2010 )

Sales : Rs. 10,893 cr
Gross Profit : Rs.1764 cr
Net Profit :Rs. 22 cr
Dividend : Nil

Status : Delisted and Illiquid

http://www.essar.com/

http://www.financialexpress.com/news/essar-steel-to-raise-r3000cr-convertible-debt/1038786 

http://www.rareindianshares.info/2013/04/essar-steel-major-debt-refinance.html
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March 26, 2016



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

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking an investment decision.No responsibility with this blog / blog writer

Blue Coast Hotels Limited

Registered Office :-

263 C ; Arossim Cansaulim ;
Goa -403712

RTA :-
RCMC Share Registry Private Limited ,
Noida 201301

Chairman & Managing Director : PL Suri ;
Executive Director : Sunita Suri ;
Directors :-
Mrs. Mamta Suri;
BK Goswami ;
KS Mehta ;
Shivendra Tomar ;
Dr. VM Kaul ;
Ashoka Kini

Blue Coast Hotels Limited was incorporated in 1992 as Morepen Finance And Investments Limited ; ( Morepen Hotels ).

Blue Coast Hotels Limited owns Park Hyatt Goa ( Resort and Spa ).

Under its subsidiaries Blue Coast Hotels is implementing luxurious hotel projects at Delhi and Amritsar.

Golden Joy Hotel Private Limited :-It has entered in to an agreement with MGM MIRAGE Hospitality International Holdings Limited ; Las Vegas ;USA for their Luxury Brands " MGM GRAND NEW DELHI " and " SKYLOFTS " at the MGM Grand New Delhi for approximately 500 rooms Deluxe Hotel

Silver Resort Hotel India Private Limited is setting up a 180 rooms Luxury Hotel in Amritsar " SHERATON AMRITSAR HOTEL "

Financials ( 31-03-2010 )

Share Capital
Equity : Rs. 8 cr 86 lakh
Preference : Rs. 81 cr ( to be converted in to equity shares )
Reserves : Rs. 80 cr
Total Income ( 2009-10 ) Rs.88 cr. 55 lakh
Gross Profit : Rs. 29 cr 15 lakh
Net Profit : Rs. 6 cr. 87 lakh
Dividend : Nil

Listed : BSE and NSE
Status : Mildly Liquid
No. of Shareholders : Around 1090
CMP : Around Rs. 170



Very little free float ( probably around 3 % only )

Blue Coast Hotels Limited has Iconic Brand Resorts and Hotels under construction ; Reputed Promoters and very few shareholders

http://www.bluecoast.in/


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

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking an investment decision.No responsibility with this blog / blog writer

September 20, 2010

Acrow India Limited

Registered Office :-

Ravalgaon
Distt. Nashik
Maharashtra

RTA :-

Freedom Registry Limited ,
Nashik-422 001

Chairman :

Harshavardhan B Doshi

Directors :-

Marayan Verma
MB Bhide
Vikram Bhat
Nihal H Doshi
Ashok S Ashtekar

History

Acrow India Limited was incorporated in 1960 as a joint venture between India's leading construction company HCC ( of the renowned Walchand Hirachand group ) and England's Acrow ( Engineers )Limited to manufacture special Acrow steel scaffolding and other frames used in construction idusry.

Presently , Acrow India manufactures mainly Sugar Mills machinery. Its group company Ravalgaon Sugar is situated near by .

Financials ( 31-03-2010 )

Share Capital : Rs. 66 lakh
Face Value : Rs.10
Reserves : Rs. 8 cr. 85 lakh
Net Profit ( 2009-2010 ) Rs. 32lakh
Dividend : 50 %

Listed : BSE
Status : Fairly Liquid - Daily Quotation Available
CMP : Rs. 185

For Latest Quote ( moneycontrol.com ) Pleas Click :- 

http://www.moneycontrol.com/india/stockpricequote/constructioncontractingcivil/acrowindia/AI03

Presently , the working of Acrow India is steady but in a limited horizon. Highlights are a very small capital base and renowned promoters. In future some exciting development may take place which may be rewarding to investors with patience.

---------------------------------------------------------------------------------------
General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking an investment decision.No responsibility with this blog / blog writer