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Home > Business India > Company Profiles: Ashram Online.com Ltd.

Ashram Online.com Ltd.
Registered Office : Prince Tatia Info Park 81-B 2nd Main Road Chennai (Madras) Tamil Nadu - 600058 Tel: 6284192
Business Group: Tatia Group Industry Type: Computers - Software
Key Officials:
Mr. S P Bharat Jain Tatia
Mr. D Ruby
Mr. S Pannalal Tatia
Mr. Gopal B Ahuja
Mr. E Subbarayan
Managing Director
Director
Chairman / Chair Person
Director
Director
Public Issue Date: 06/09/1993 BSE CODE: Not Available NSE CODE: Not Available
Face Value: 10 Market Lot: 1 ISIN: INE293C01019
Current PE: 40 Current Market Capital: 0.72
Promoters %: 30.5623
Promoters Shares: 3667470
Institution Investment %: 0.0483
Institution Investment Shares: 5800
Auditor:
K Subramanyam & Co.
Banker:
Registrar:
Cameo Corporate Services Ltd. Subramanian Building Vth Floor No.1 Club House RoadChennai (Madras) 600002 Tamil Nadu 228460390 (6 Lines)
Company History: YEAR EVENTS1991 - The Company was incorporated on 9th May as a private limited and subsequently converted into a public company and a fresh certificate of incorporation was obtained on 9th June 1992. The company has been promoted by the Chennai based Tatia group headed by Sri. Pannalal Tatia.

- The Company proposes to set up a modern Health cum Holiday Resort at Thalli Region near Bangalore city.

- The Company is engaged in the construction of exclusive residential flats in Vepery Chennai.

1992 - The Company is promoting an Indian Heritage Village essentially targeted at high profile foreign nationals and Non-Resident Indians on an exclusive membership fee.

- The Company has entered into an agreement with the promoters and their relatives for outright purchase of 129 acres of land and a lease agreement for 10.5 acres for 5 years.

1994 - An agreement has been entered with the renowed German landscape designers Deep Forest Landscape Consultants. The consultants have given a blueprint for landscaping which includes creation of ornamental gardens and artificial waterfalls around all the finished buildings.

- The Company has joined hands with Apollo Hospitals Group for providing hi-tech health care in the Health Farm.

- The Company had obtained a transponder in the Satellite `RIMSAT' for a period of one year as a gift from the Company's business associates in Bahrain.

- The Company commissioned a viewership survey to establish programme acceptance. The company inspired by the overwhelming response has recently obtained another transponder and has leased it to UDAYA TV which is becoming Kannada programmes.

1995 - The Company has tied-up with M/s. Wheway Lifestyle International of Champneys fame and Syntax Group of Queen Elizabeth II fame both based in U.K. for designing executing and operating the Health SPA and for a strategic alliance for promoting the Hospitality aspects at the Health Farm.

- The Company launched its second project Viz. Tatia Drive-In which has been equally well received in the market.

- The Company launched the Fixed Deposits Schemes during the last week of October '94 and as on 31st March 1995 accepted deposits worth Rs. 1 864 000/-.

1996 - The Company obtained the fresh certificate of incorporation from the Registrar of Companies on 18.10.95 with the new name Tatia Skyline & Health Farms Limited with the deletion of `s' from the word skylines.

2000 - The Name of the Company is changed as Ashram Online.com Limited.

(Source: RTGSL)


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