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Home > Business India > Company Profiles: Banaras Beads Ltd.

Banaras Beads Ltd.
Regd. & Head Office : A-1 Industrial Estate Varanasi Uttar Pradesh - 221106 Tel: 2370161 - 2370164
Business Group: Not Applicable Industry Type: Miscellaneous
Key Officials:
Mr. Ashok Kumar Kapoor
Mr. Ashok Kumar Gupta
Mr. Tanmay Deva
Mr. Praveen Singh
Director
Chairman and Managing director
Director
Director
Public Issue Date: 03/02/1995 BSE CODE: 526849 NSE CODE: BANARBEADSBE
Face Value: 10 Market Lot: 1 ISIN: INE655B01011
Current PE: 0 Current Market Capital: 2.2895
Promoters %: 56.2371
Promoters Shares: 3732022
Institution Investment %: 1.2528
Institution Investment Shares: 83140
Auditor:
Kamal Kishore & Co
Banker:
Registrar:
M A S Services Pvt. Ltd. Ab-4 Safdarjung EnclaveNew Delhi 110029 Delhi 26104142 26104292 26104326
Company History: YEAR EVENTS1980 - The Company was incorporated as a Private Limited Company on the 10th April 1980. It was converted into a Public Limited Company on 26th October 1994. The Company manufactures glass beads imitation jewellery gold and silver jewelleries handicrafts. It was promoted by Ajit Kumar Gupta & Ray Kumar Gupta.

1994 - The company undertook to expand cum modernise its existing facilities for manufacture of glass beads imitation jewellery handicrafts and woollen products.

- It was proposed to automate the existing designs department with state of the art computer aided design systems including multi colour plotters and scanners related software.

- It was proposed to instal an on-line computer system and state-of-the-art communication network for effective monitoring of the company's various units and products. The company undertook to set up a project at NOIDA in UP for gold and jewellery.

1995 - 61 15 440 No. of equity shares issued to promoters. Another 5 31 000 No. of equity shares issued. 22 16 000 No. of equity shares of Rs 10 each were issued at a premium of Rs 75 per share to the public through a prospectus in February. Additional 7 900 shares were allotted.

2000 - Mr Tanmani Deva as appointed as Director of the company.

2003

-The Hon'ble Company Law Board issued Order and appointed M/s R.S.Ahuja & Co. Chartered Accountants New Delhi as Valuer for division of the company.

(Source: RTGSL)


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