Trust Stamp for CRYOQUIP INDIA


	CRYOQUIP INDIA

Registered Office

Address	Plot No. 454, GIDC, National Highway No. 8, Por Ramangamdi, Vadodara 391243, Gujarat, India
Tel. No.	91-265-2830114 117 / 113/ 115/ 113/ 116
Mobile No.	91-9879112874
Fax No.	91-265-2830112
Area	17 Acres (Owned)

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SUMMARY

Incorporated	2003/10/01
Registration No.	04-42998
No. of Employees	49 (Office 14, Factory 35)
Line of Business	Manufacturer and Exporter of Cryogenic Vaporizers and CO2 Generation recover units.

Status

Company is an established concern having fair track records. Companys profitability is under severe pressure.

Payments

Slow

Litigation

Clear

Banking Reputation

Satisfactory

Auditors

Name :	Amar Doshi, Chartered Accountants
Address :	302, Professional Plaza, 17, Punit Nagar, old Padra Road, Vadodara 390015, Gujarat, India
Name:	Mahajan Doshi and Associates, Chartered Accountants
Address:	302, Professional Plaza, 17, Punit Nagar, old Padra Road, Vadodara 390015, Gujarat, India
Tel No.:	91-265-2340159/2320857
Fax No.:	91-265-2320858

FACTORY WAREHOUSE

Factory

Plot No. 454, GIDC, National Highway No. 8, Por Ramangamdi, Vadodara 391243, Gujarat, India

LEGAL FORM

Private Limited Liability Company

DIRECTORS

DIRECTORS
Name : Mr. Shahi Shekhar Parmeswar Hosagrahar
Designation : Managing Director
Address : Plot No. 37, Shree, Saranam- II, No. 404, Behind HDFC Bank, Alkapur, India
Date of Birth/Age : 1958/04/05
Qualification: MBA + B E
Date of Appointment : 2007/01/01
Name : Mr. Arun Kumar
Designation : Director
Address : Dayal 13, Kunj Society, Vadodara, Gujarat, India
Date of Birth/Age : 1940/07/16
Date of Appointment : 2003/10/01
Name : Mr. Michael B. Steffora, Foreigner
Designation : Director
Address : A 22, Rajesh Tower, Gotri Road, Vadodara 390021, Gujarat, India
Date of Birth/Age : 1942/11/15
Date of Appointment : 2007/01/01
Other Directorship: Cryquip Vaporizers India Private LimitedU29290MH1998PTC116705Mafi- Trench Turbomachinery (India) Private LimitedU29199GJ1998PTC033891
Name : Mr. Hallinan J. William
Designation : Director
Address : 25720, Jefferson Avenue, Munieta CA 92562, USA
Date of Birth/Age : 1943/02/09
Date of Appointment : 2004/02/09
Name : Mr. Prewez Syed
Designation : Director
Date of Birth/Age : 32 Years
Qualification : Graduate
Name : Mr. Bill Hallinan
Designation : Director
Date of Birth/Age : 53 Years
Qualification : Graduate
Name : Mr. Patrick Billman
Designation : Director
Date of Birth/Age : 45 Years
Name : Mr. H. P. Shashishekher
Designation : Managing Director
Date of Birth/Age : 47 Years

MAJOR SHAREHOLDERS

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN As on 27.08.2008
Names of Shareholders No. of Shares
Arun Kumar 250000
Michael Steffora 1
Cryogenic Industries AG 8055997
Cryogenic Vaporizers India Private Liomited 639458
Total 8945456

Equity Share Breakup (Percentage of total Equity) As on 30.09.2008
Category Percentage of Holding
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others] 97.00
Directors or relatives of directors 3.00
Total 100.00

PRODUCTS DETAILS

Products:
Rotary Kilns
Reactors
Direct and Indirect Fired Furnaces
Silos
Waste Incineration System
Reactors
Finned Tube Heaters and Coolers
Industrial Centrifugal Plants
Pressure Vessels
Heat Exchangers
Evaporators
Cryogenic Vaporizers and Pumps
CO2 Production and Recovery Plants
Packaged Air Separation Plants
Liquid Nitrogen/Oxygen Plants
Miscellaneous Tanks

EXPORT DETAILS

Exports to :
Products: Vessles Vaporizers and Co2 Generation Recovery units
Countries : Oman, Nigeria, Dubai, all Gulf Countries, Saudi

IMPORT DETAILS

Imports From :
Products: Raw Material
Countries : South Africa

TRADING TERMS

Terms :
Selling : L/C and Credit Terms
Purchasing : Cash and Credit Terms

TYPE OF CUSTOMERS

Customers :
Air Liquid North India Private Limited
Alstom Projects India Limited
Asia Pacific Breweries Limited
BOC India Limited
Ellenbarrie Industries Gases Limited
F L Smidhth Limited
H L E Engineers Private Limited
ION Exchange India Limited
Institute of Plasma Research
Indian Glycol Limited
Jubliant Organosys Limited

BANKERS

Bankers :
ABN Amro Bank Vadodara, Gujarat
Bank of Baroda Main Branch

AUDITORS

Name :	Amar Doshi, Chartered Accountants
Address :	302, Professional Plaza, 17, Punit Nagar, old Padra Road, Vadodara 390015, Gujarat, India
Name:	Mahajan Doshi and Associates, Chartered Accountants
Address:	302, Professional Plaza, 17, Punit Nagar, old Padra Road, Vadodara 390015, Gujarat, India
Tel No.:	91-265-2340159/2320857
Fax No.:	91-265-2320858

FINANCIAL INFORMATION

[all figures are in Rupees Millions]

PROFIT & LOSS ACCOUNT
Particulars 2008/03/31 2007/03/31 2006/03/31
Sales Turnover 358.867 120.267 143.891
Other Income 0.000 0.000 0.000
Total Income 358.867 120.267 143.891
Profit/(Loss) Before Tax 20.455 [52.171] [42.519]
Provision for Taxation 4.484 0.304 [2.551]
Profit/(Loss) After Tax 15.974 [52.475] [39.968]
Earnings in Foreign Currency :
Export Earnings 34.771 35.134 84.529
Imports :
Import Value 32.778 32.778 25.744
Expenditures :
Increase/(Decrease) in Finished Goods [1.005] [33.144] 0.000
Other Expenditure 339.417 205.582 186.410
Total Expenditure 338.412 172.438 186.410
Earnings Per Share (Rs.) 1.92

CAPITAL STRUCTURE

Capital Structure As on 31.03.2008

Authorised Capital :
No. of Shares Type Value Amount
15000000 Equity Shares Rs. 10/- each Rs. 150.000 Millions

Issued, Subscribed & Paid-up Capital :
No. of Shares Type Value Amount
8305998 Equity Shares Rs. 10/- each Rs. 83.060 Millions

Note:Held by Mr. Arun Kumar G Shah ( 250000 Equity Shares of Rs. 10 each) 2.500 MillionsPrevious year 250000 Equity Shares of Rs. 10 eachMr. Michael B steffora ( 1 Equity Shares of Rs. 10 each) 2.500 MillionsOthers:Cryogenic Industries AG 8055997 Equity Shares of Rs. 10 each 80.559 Millions(Previous year 8055997 Equity Shares of Rs. 10 each)Total 83.059 Millions

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