Testimonials

 
 

Services

 
 

Customer Care - 033 6606 3000 / 1860 420 3333
<< Prices as on Sep 18, 2018 >>      ABB India  1441.3 [ -0.23% ]     ACC  1569.8 [ -0.95% ]     Ambuja Cements Ltd.  223.35 [ -1.06% ]     Asian Paints Ltd.  1291.15 [ -1.08% ]     Axis Bank Ltd.  608.45 [ -2.81% ]     Bajaj Auto Ltd.  2775.9 [ -2.84% ]     Bank of Baroda  113.45 [ -16.03% ]     Bharti Airtel  373.55 [ -2.31% ]     Bharat Heavy Ele  73.7 [ -3.15% ]     Bharat Petroleum  354.95 [ -2.55% ]     Britannia Ind.  6060.8 [ 0.54% ]     Cairn India Ltd.  285.4 [ 0.90% ]     Cipla  662.25 [ -0.11% ]     Coal India  273.45 [ -0.49% ]     Colgate Palm.  1117.65 [ 0.60% ]     Dabur India  469.5 [ 2.09% ]     DLF Ltd.  202.85 [ -4.77% ]     Dr. Reddy's Labs  2586.95 [ 0.68% ]     GAIL (India) Ltd.  374.7 [ 0.59% ]     Grasim Inds.  1067.2 [ 0.50% ]     HCL Technologies  1082.2 [ 0.37% ]     HDFC  1856.15 [ -1.20% ]     HDFC Bank  1993.35 [ 0.05% ]     Hero MotoCorp  3111.65 [ -0.66% ]     Hindustan Unilever L  1666.15 [ 3.87% ]     Hindalco Indus.  234.25 [ -3.02% ]     ICICI Bank  318.7 [ -2.07% ]     IDFC L  49.05 [ -1.90% ]     Indian Hotels Co  128.5 [ -0.93% ]     IndusInd Bank  1861.45 [ -0.84% ]     Infosys  719.15 [ -1.02% ]     ITC Ltd.  302.6 [ 0.23% ]     Jindal St & Pwr  229.4 [ -3.61% ]     Kotak Mahindra Bank  1216.25 [ -1.11% ]     L&T  1328.7 [ -1.16% ]     Lupin Ltd.  929.7 [ -2.01% ]     Mahi. & Mahi  947.3 [ 0.01% ]     Maruti Suzuki India  8400.1 [ -1.56% ]     MTNL  15.65 [ -0.63% ]     Nestle India  10280.25 [ 1.13% ]     NIIT Ltd.  91.1 [ -1.62% ]     NMDC Ltd.  118.8 [ -1.45% ]     NTPC  169.7 [ -1.68% ]     ONGC  173.35 [ 0.93% ]     Punj. NationlBak  79.3 [ -4.46% ]     Power Grid Corpo  198.65 [ -1.41% ]     Reliance Inds.  1217.2 [ -0.74% ]     SBI  274 [ -4.06% ]     Vedanta  230.1 [ -1.94% ]     Shipping Corpn.  50.25 [ -0.30% ]     Sun Pharma.  642.3 [ -0.60% ]     Tata Chemicals  739.6 [ -1.38% ]     Tata Global Beverage  234.65 [ -0.55% ]     Tata Motors Ltd.  251.45 [ -3.36% ]     Tata Steel  612.45 [ -0.52% ]     Tata Power Co.  74.45 [ -4.37% ]     Tata Consultancy  2070 [ -0.08% ]     Tech Mahindra Ltd.  754.95 [ -1.58% ]     UltraTech Cement  4061.4 [ -1.08% ]     United Spirits  567.75 [ -0.50% ]     Wipro Ltd  332.5 [ 1.02% ]     Zee Entertainment En  463.2 [ -2.16% ] BSE Prices delayed by 5 minutes... BSE NSE
Search Company 
Aakar Engineering & Manufacturing Company Ltd.
Market Cap. (Rs.) 0.45 Cr. P/BV -0.11 Book Value (Rs.) -8.57
52 Week High/Low (Rs.) 0/0 FV/ML 10/1 P/E(X) 0.00
Bookclosure 04/01/2002 EPS (Rs.) 0.00 Div Yield (%) 0.00
AUDITOR'S REPORT
You can view full text of the latest Auditor's Report for the company.
Year End :2007-03 We have audited the attached Balance Sheet of M/s. AAKAR ENGINEERING & MANUFACTURING COMPANY LIMITED as at 31st March 2007, together with the Profit & Loss Account of the Company for the year ended on that date. These financial statements are the responsibility of the Companys management. Our responsibility is to express an opinion on these financial statements based on our audit.

1. We have conducted our audit in accordance with auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes, examining on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.

2. As required by the Companies (Auditors Report) Order, 2003 issued by the Central Government in terms of section 227(4A) of the Companies Act, 1956, we annex hereto a statement on the matters specified in paragraph 4 and 5 of the said order.

3. Further to our comments in the Annexure referred to in paragraph 2 above, we report that:-

a) We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the purposes of our Audit.

b) In our opinion proper books of accounts as required by the law have been maintained by the company so far as it is appears from our examination of the books.

c) The Balance Sheet & Profit & Loss Account dealt with by this report are in agreement with the books of accounts.

d) In our opinion, the Balance Sheet and Profit and Loss Account comply with the Accounting standards referred to in Sub-Section 3(C) of the section 211 of the Companies Act, 1956 to the extent applicable.

e) On the basis of information obtained, we state that, none of the Directors of the Company are prima-facie disqualified under section 274 (1) (g) of the

Companies Act, 1956 from being appointed as a Director of the Company as on 31stMarch, 2007.

f) In our opinion and to the best of our information and according to the explanations; given to us, the said accounts give a true and fair view.

i)In the case of Balance Sheet of the State of Affairs of the Company as at 31stMarch, 2.007 and

ii)In the case of the Profit & Loss Account, of the Loss of the Company for the year ended on that date.

iii)In the case of Cash Flow Statement, of the cash flows for the year ended on that date.

ANNEXURE REFERRED TO IN PARAGRAPH 2 OF OUR REPORT OF EVEN DATE OF THE ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2007 OF M/s. AAKAR ENGINEERING & MANUFACTURING COMPANY LIMITED.

As required by the Companies (Auditors Report) Order, 2003 issued by the Company Law Board in terms of section 227(4A) of the Companies Act, 1956 and on the basis of such checks as we consider appropriate and in terms of the information and explanations given to us, we state that :-

i) (a) The company has maintained proper records showing full particulars including quantitative details and situation of fixed assets;

(b) As explained to us, all the assets have been physically verified by the management at reasonable intervals during the year. According to the information and explanations given to us, no discrepancies have been noticed on such physical verification by the management;

(c) As informed to us none of the fixed assets of the company has been disposed off during the year.

ii) (a) The inventories have been physically verified by the management at reasonable intervals during the year;

(b) In our opinion, the procedures of physical verification of inventories followed by the management are reasonable and adequate in relation to the size of the company and the nature of its business;

(c) In our opinion, the company is maintaining proper records of inventory. The discrepancies noticed on physical verification were not material in relation to the operations of the company and the same have been properly dealt with in the books of accounts;

iii) The company has not taken / granted any loans and advances in the nature of loans from / to parties covered in the registered maintained under section 301of the Companies Act, 1956.

iv) In our opinion and according to the information and explanations given to us, there are generally adequate internal control procedures commensurate with the size of the Company and the nature of its business for purchase shares and securities, plant and machinery. equipments and other assets and sale of shares and securities.

v) Based on the audit procedures applied by us and according to the information and explanations provided by the management, wean? of the opinion that there are no transactions that need to be entered into the register in pursuance of section 301 of the Act

vi) In our opinion and according to the information and explanations given to us, the company has not accepted any deposits from public during the year within the meaning of section 58A and 58AA of the Companies Act, 1956 and rules framed thereunder.

vii) In our opinion and according to the information and explanations given to us, there are no internal audit system commensurate with the size of the Company and the nature of its business.

viii) As informed to us maintenance of cost records has not been prescribed by the Central Government u/s 209(l)(d) of the Companies Act, 1956, in respect of the activities carried on by the Company.

ix) (a) According to the records of the company, the company is regular in depositing with appropriate authorities undisputed statutory dues including Provident Fund, Investor Education and Protection Fund, Employees State Insurance, Income-tax, Sales- tax, Wealth Tax, Custom Duty, Excise Duty, Cess during the year except there is a delay in payment of Fringe Benefit tax payments.

(b) According to the information and explanations given to us, no undisputed amounts payable in respect of income tax, wealth tax, sales tax, custom duty and excise duty were outstanding as at 31st March, 2007 except Fringe Benefit Tax, for a period of more than six months from the date they become payable.

(c)According to the information and explanation given to us there are no dues of sales tax, income tax, custom duty, wealth tax, excise duty or Cess outstanding at the year ended on account of any dispute.

x) The accumulated losses of the Company as at 31st March 2007, are more than half of its net worth and the Company has incurred cash loss of Rs.2,36,82,668/- in the current financial year and Rs. 3,55,04,132/- in the financial year immediately preceding the financial year.

xi) Based on our audit procedure and as per the information and explanations given by the management, the Company has defaulted in repayment of following dues to Banks:

Period of default                     Amount (Rs.)

Above 180 Days                       6,57,69,743/-  
xii) The Company has not granted any loans and advances on the basis of security by way of pledge of shares, debentures and other securities.

xiii) In our opinion, considering the nature of activities carried on by the Company during the year, the provisions of any special statute applicable to chit fund / nidhi / mutual benefit fund / societies are not applicable to it.

xiv) On the basis of our examination of the companies records we are of the opinion that the company is maintaining adequate records regarding transactions and contracts regarding its dealing in shares and securities and timely entries have been made in these records.

xv) According to the information and explanations given to us and on an overall examination of the Balance Sheet of the Company, we report that the Company has not given any guarantees for loans taken by others from banks or financial institutions.

xvi) The Company has not taken any term loan during the year.

xvii) According to the information and explanations given to us and on an overall examination of the balance sheet of the company, we report that the no funds raised on short-term basis have used for long term investment. No long term funds have been used to finance short-term assets.

xviii) According to the information and explanations given to us, the Company has not made any preferential allotment of shares to parties and companies covered in the register maintained under Section 301 of the Companies Act, 1956.

xix) According to the information and explanations given to us, during the year covered by our audit report, the Company has not issued debentures.

xx) The Company has not made any public issue during the year.

xxi) Based upon on the Audit procedures performed and information and explanations given by the management, we report that no fraud on or by the company has been noticed or reported during the course of our Audit.

                             For S M BHAT & ASSOCIATES 
                             Chartered Accountants

                             Proprietor
DATE: 6th June, 2007.

Attention Investors :
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.    KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Prevent unauthorised Trading / transactions in Your Account:
Update your email ID and Mobile Number with your Stock Broker and Depository Participant to receive alerts for all important transactions in your account directly from NSE and NSDL. Issued in the interest of the Investors….
Achiievers Equities Ltd (AEL) Member of NSE, BSE and MCX-SX
Reg. Office: 32/A, Diamond Harbour Road, Shakerbazar, Kolkata 700008 Tel: 033 2445 6442/66063000 Fax: 033 6606 3041
Email: info@achiieversequitiesltd.com , customer.care@achiieversequitiesltd.com
NSE Registration Nos.: NSE (Cash) : INB231395832 ; NSE (F&O) : INF231395832 ; NSE (Currency) : INE231395832 ; BSE (Cash) : INB011395838 ; BSE (F&O) : INF011395838 ; BSE(Currency) : INE011395838 | DSE Registration Nos. : INB051395839 | USE Registration Nos. : INE271395837
Achievers Commercial Pvt Ltd (ACPL) Members of MCX, ACE and NSEL. | SEBI Registration No. INZ000050830 | ACE: ACEL/TMC/CORP/0194 | NSEL: 40020 | SCORES
Support