NETCO TOOLS AND FORGINGS

Registered Office :
AddressPlot No. 81, Opp. Cargo Motors Workshop, G T Road, Birring, Jalandhar - 144005, Punjab
Tel. No.91-181-3290340 / 3290264
Mobile No.91-9855250181 / 91-9814172007
Fax No.91-181-2660266
Area2000 sq. ft.
LocationOwned
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SUMMARY
Incorporated 1960
No. of Employees 41
Line of Business Manufacturers, Exporters and Traders of Hand Tools, Garden Tools, Carpentry Tools & Machine Shop Tools.
Status Company is a well established and reputed concern having satisfactory track records. Partners are reported as experienced and respectable businessmen. Trade relations are reported as fair.
Payments Regular
Litigation Clear
Banking Reputation Satisfactory
Auditors
Name :K Bhagat and Company, Chartered Accountants
Address :Deen Dayal Upadhya Nagar, Jalandhar, Punjab, India

FACTORY WAREHOUSE
Factory 1 :Plot No. 81, Opp. Cargo Motors Workshop, G T Road, Birring, Jalandhar - 144005, Punjab



LEGAL FORM
Partnership Concern with an unlimited liability of the partners.

DIRECTORS

PARTNERS
Name :Mr. Puneet Rathi
Designation :Partner
Date of Birth/Age :42 years
Qualification :M.A. Economic and B.Com.
Experience :24 years
Name :Mr. Vaneet Rathi
Designation :Partner
Date of Birth/Age :40 years
Qualification :B.Com.
Experience :16 years





PRODUCTS DETAILS

Products:
Hand Tools
Garden Tools
Carpentry Tools
Machine Shop Tools


EXPORT DETAILS

Exports to :
Products :
Hand Tools
Countries :
Germany
U.K.
USA
Australia
New Zealand
France Indirectly


IMPORT DETAILS

Imports From :
Products:Timber Wood
Countries :Nigeria




TRADING TERMS

Terms :
Selling :L/C, Cash or Credit Terms
Purchasing :Depends


TYPE OF CUSTOMERS

Customers :
End Users




BANKERS

Bankers :
Indian Bank, Jalandhar, Punjab

AUDITORS
Name :K Bhagat and Company, Chartered Accountants
Address :Deen Dayal Upadhya Nagar, Jalandhar, Punjab, India

FINANCIAL INFORMATION

[all figures are in Rupees Millions]
Particulars2008/03/312007/03/312006/03/31
Sales Turnover60.00025.00016.000
Profit/Loss for the yearNA1.3501.200

Expected Sales (2008-09) : 20% Growth




CAPITAL STRUCTURE

Capital Structure
Capital Investment :
Owned :Rs. 2.500 Millions
Borrowed :
Total :Rs. 2.500 Millions




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