AICO LABORATORIES INDIA LIMITED

Registered Office :
Address75, New Cloth Market, Sarangpur, Ahmedabad - 380 002, Gujarat, India.
Tel. No.91-79-22166349/ 22166482, Direct # 22171388
Fax No.91-79-22145207/ 22850197
AreaOwned
WHAT IS TRUST STAMP ?
Trust Stamp is an exclusive service offered by tradeindia that provides comprehensive information of a business entity. more...
SUMMARY
Incorporated 1992/10/28
Registration No. 04-18495
Line of Business Manufacturer for textiles, paper leather metal treatment, oil field, electro plating, electro polishing, etching water treatment, pharmaceutical bulk drugs.
Status Company is a well established concern having fair track records. T\trade relations are fair. Business is active.
Litigation Clear
Auditors
Name :Mehra Anil and Associates, Chartered Accountants
Address :2-E, Suryarath Building, B/H. White House, Panchwati, Ahmedabad 380 006, Gujarat, India




LEGAL FORM
A Closely Held Public Limited Liability Company.

DIRECTORS

DIRECTORS
Name :Mr. Lalchand Kundanmal Chopra
Designation :Director
Address :75, New Cloth Market, Sarangpur, Ahmedabad - 380 002, Gujarat, India.
Date of Birth/Age :1930/01/09
Date of Appointment :1992/10/28
Name :Mr. Bherulal Lalchand Chopra
Designation :Director
Address :75, New Cloth Market, Sarangpur, Ahmedabad - 380 002, Gujarat, India.
Date of Birth/Age :1959/12/23
Date of Appointment :1992/10/28
Name :Mr. Sampatraj Pirchand Jain
Designation :Director
Address :B/ 51, Tirthbhoomi Apartment, Elis Bridge, Ahmedabad 380 002, Gujarat, India
Date of Birth/Age :1956/06/26
Date of Appointment :1992/10/28
Name :Mr. Bhupendra Kumar Pirchand Borad
Designation :Director
Address :B-21, Suryanarayan Society, Opposite Visat Petrol Pump, Sabarmati, Ahmedabad 380 005, Gujarat, India
Date of Appointment :1999/06/21
Name :Mr. Mulchand Meramachnd Borad
Designation :Director
Address :1131, Satnarayan Society, Ramnaga, Sabarmati, Ahmedabad 380 005, Gujarat, India
Date of Appointment :1999/06/21
Name :Mr. Vinodkumar Pirchnad Borad
Designation :Director
Address :1130, Satnarayan Society, Ramnaga, Sabarmati, Ahmedabad, Gujarat, India
Date of Appointment :1999/06/21
Name :Mr. Mohanlal Lalchand Chopra
Designation :Director
Address :B/1, Prem Co-operative Housing Society, B/H Shujata Flats, Shahibagh Ahamedabad, Gujarat, India
Date of Appointment :2000/01/12



MAJOR SHAREHOLDERS

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN As on 29.09.2008
Names of ShareholdersNo. of Shares
Lalchand Kundanmal17900
Zamkudevi Lalchand37000
Bherulal Lalchand12900
Pushpadevi Bhervlal17000
Lalchand Kundanmal HUF14500
Mohanlal Kundanmal HUF14000
Lalchand Mohanlal HUF15000
Chopra and Sons HUF13000
Sampatraj Pirchand20000
Bhupendrkumar Pirchand27400
Vinodkumar Pirchand19100
Bharti Vinodkumar25000
Mulchand Meramchand16000
Sumitradevi Mulchand17000
Kamladevi Sumermal32500
Ghewarchand Taraji25000
Aico Finance Limited173000

As on 29.09.2008
Equity Share BreakupPercentage of Holding
Category
Directors or relatives of directors100.00



PRODUCTS DETAILS

Products:
Chemicals
Textiles Chemicals
Paper Chemicals
Printing Gums and Thickeners
Sizing Chemicals
Urowax Range
Glycolic Acid
Water and Oil Repellents
Antistatic Oils and Softeners
Bleaching Auxiliaries
Finishing Auxiliaries and Softeners
Leathr Finishing Auxiliaries
Products for Cosmetics
Other Speciality Products
Processed Food
Curryzz Spicealicious-Ready to eat Indian Curries
Raajhans-Khakhras
Rasoee-Ready to cook gravies and spice pastes
Agro Products
Bio-organic Fertilizer
Herbs
Seeds
Pharmaceuticals
Bulk Drugs
Sucralose
Dyes and Intermediates
Vat Dyes







TYPE OF CUSTOMERS

Customers :
Reliance Industries Limited (Ahmedabad)
Arvind Group of Companies (Ahmedabad)
Indo-Rama Group of Companies
Jayshree Textiles, Rishra (Calcutta)
Rajasthan Syntex (Dungarpur)
Mordi Textiles and Processors Limited (Banswara)
Vardhman Spg. and General Mills Limited (Ludhiana)
Som Tex ( India ) Private Limited (Belgaum)
S uzlon Fibres Limited (Ahmedabad)
L. N. Polyesters Limited (Secunderabad)
Rajasthan Spg. Wvg. Mills Limited Bhilwara (Rajasthan)
K.G. Denim Limited (Coimbatore)
Jyoti Overseas Limited (Dhar -M.P.)
Bhaskar Industries (Bhopal)
Birla Textile Mills Limited (Baddi)
S R Industries Limited (Derabasi -Terry Towel Unit)
Golden Terry Towels Private Limited (Panipat -Terry Towel Unit)
Kapoor Industries Limited (Panipat -Terry Towel Unit)
Santogen Exports Limited (Khopoli -Terry Towel Unit)
Surya Laxmi Mills Limited (Denim Division) (Ramtek. -Nagpur)
Raymonds Limited (Yewatmal -Nagpur (M.S.)
Nahar Industries(Larlu -Punjab)
Process Houses (Surat and Ahmedabad (Guj.), Balotra (Raj.), Amritsar)
Sizing Units - (Ichalkaranji -Maharastraand Ahmedabad.)
Dhar Textile Mills Limited (Indore)
Sohrab Group of Companies (Ludhiana)
Abhishek Industries (Triedent Group) Terry Towel Unit - (Barnala)
Oxford Industries (Ankleshwar)




BANKERS

Bankers :
Oriental Bank of CommerceHotel Meghdoot Building, Station Road, Ahmedabad 380 001, Gujarat, India

AUDITORS
Name :Mehra Anil and Associates, Chartered Accountants
Address :2-E, Suryarath Building, B/H. White House, Panchwati, Ahmedabad 380 006, Gujarat, India

FINANCIAL INFORMATION

[all figures are in Rupees Millions]

PROFIT & LOSS ACCOUNT
Particulars2008/03/312007/03/312006/03/31
Sales Turnover62.30073.70368.538
Other Income0.0000.9241.339
Total Income62.30074.62769.877
Profit/(Loss) Before Tax0.2540.5805.486
Provision for Taxation0.3590.0690.052
Profit/(Loss) After Tax(0.105)0.5115.434
Expenditures :
Increase/(Decrease) in Finished Goods(5.432)0.280
Purchase of Finished Goods56.24163.893
Manufacturing Expenses0.0001.438
Administrative Expenses4.2582.693
Other Indirect Expenses6.0304.759
Depreciation & Amortization0.9490.982
Miscellaneous Expenses (Written off)0.0000.002
Total Expenditure62.04674.04764.391
Earnings Per Share (Rs.)(0.16)NANA




CAPITAL STRUCTURE

Capital Structure

Authorised Capital :
No. of SharesTypeValueAmount
700000Equity SharesRs.10/- eachRs.7.000 millions

Issued, Subscribed & Paid-up Capital :
No. of SharesTypeValueAmount
651450Equity SharesRs.10/- eachRs.6.515 millions




Disclaimer