WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM
14. Audit fees: Rs. in lakhs
Audit fees comprise the following:
Statutory Audit 10.00
Tax Audit and certification fees 2.00
Reimbursement of expenses 1.37
Total 13.37
15. Contracts on capital account:
Estimated amount of contracts remaining to be executed on capital account (net
of advance) and not provided for is Rs 1,695.35 lakhs.
16. Contingent liabilities not provided for:
- on letters of credit opened with bankers
Rs. in lakhs
23.59
- on counter guarantee given to bankers 32.47
- on account of future export obligation (under Export
Promotion Capital Goods scheme and advance license) 1,969.01
- on bills discounted 10,079.28
17. Key Ratios:
DETAILS Ratio
a Sales & other income / Net fixed assets (No of times) 3.1
b Sales & other income / Inventory (No. of times) 17.6
c Current ratio (No of times) 1.1
d Return on capital employed-PBIT / capital employed (%) 57.3
e Return on net worth- PAT/NW (%) 41.6
f Debt-Equity Ratio (No. of times) 0.1
XII. DETAILS OF PROMOTERS AND OTHER INDIAN PROMOTER GROUP
COMPANIES INCLUDING THEIR CAPITAL STRUCTURE AND FINANCIAL
STATEMENTS:
A. PROMOTER AND PROMOTER COMPANIES:
1. T V SUNDRAM IYENGAR & SONS LIMITED:
Date of Incorporation: 11.10.1929
Principal business: Dealers in Automobile vehicles, Spare Parts & Accessories
Shareholding pattern
No. of shares % of shareholding
Promoters’ holding 11,44,000 100.00
Total 11,44,000 100.00
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