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The company was incorporated on 1st April, 1990 at Haryana having Company Registration Number 93754
The company became a deemed public company in terms of section 43 (A)with effect from 1st April, 1991. Company shifted its registered office from Delhi to Gurgaon (Haryana) and got new Registration Number from Roc Delhi and Haryana Vide (05-33754) dated 20/10/1991. The Company once again was converted into a private limited company from a deemed limited company w.e.f. 22nd January 2001.
The company is engaged in manufacturing of Manufacturing of snacks,food products, water,milk malted foods, beverages
Subject acts as manufacturers and dealers in all kinds of beverages &food stuff.
It imports from U.S.A.
It exports to UK
The brand names of the company are L1/ Coollest One
The company is under collaboration with XYZ Corporation, The DEUTSHLAND.
It purchases against L/C, Cash or Credit [30 days] terms.
ABCD Manufacturing Company has been amalgamated with the company w.e.f.10th January, 2000.
The company has created charge on the Plant and Machinery of the company for Rs. 1250.000 millions in favour of ANC Bank,Barakhamba Road, New Delhi for Term Loan.
Its major customers are wholesalers and retailers.
It is in trade terms with:
XLI Beverages Limited, Pearl India P. Limited, Steel City Ltd, Dhillon Doods Limited, Dev Foods & Drinks Limited,
The company employs 2000 persons in its' set up.
The company operates from caption leased office premises of medium size situated in commercial area.
PARENT COMPANY/ SISTER CONCERNSAnC B Corporation, USA
SUBSIDIARIESALBY Bev Company (Formerly ALBY Fruit & Food Product Company -99.99%) VERY COOL Snack Food Company, India (99.99 %) AKBY Drink Company, India (99.99 %) Rise Food Limited, India (24.99 %)
ASSOCIATESJunagarh Limited, Ahmedabad, Gujarat, Indian markets
ALBY Beverages Company, Gurgaon, Haryana, India
BankAm,Barakhamba Road, New Delhi 110001, India
Ameican Express, Tolstoy Marg, Tolstoy House, New Delhi 110001, India
BS Company Chartered Accountants, 511, World Trade Centre, Babar Road, New Delhi 110001, India Tel. No. 91-11-2335 1222
The company's last available financial information for the period ended 31st December 2005 are enclosed herewith.
The company has extended its financial year by 3 months during the last year and its latest financials as of 15 months period ended 31st March, 2006 will be filed in the month of November, 2006.
Subject is a well-established part of AnCB Group. Available information indicates high financial responsibility of the company.
The company is experiencing difficult times presently, due to water borne issues found by govt. laboratories. The companys sales has been affected seriously. Payments are reported as correct and as per commitments.
The company can be considered for your proposed business dealings of US $ 370000 against D/A or D/P terms.