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COMPANY PROFILE

The name of company is M/s. Bannari Amman Steels (p) Ltd and the registered office is
situated in Kerala. The company was incorporated under companies Act, 1956 as
private limited in 1993. The main objects of the company are to carry on the business of
manufacturers of all varieties of steel, steel ingots and steel billets.

Since 1993, the company is functioned continuously and company is engaged in

manufacturing steel ingots only. In manufacturing process the main raw materials are
old iron scrap and sponge iron and the old iron scrap is available in anywhere of the
country. The other raw materials are mainly received from other states. The raw
materials are put down in crucible called otherwise as furnace and melted at average
1600 degree centigrade temperature and the melted metal is captured n moulds. The
steels ingots are released from the moulds after some time and then after completion of
some finishing work it will be ready for marketing.

The finished goods are fully marketed in local areas within kerala state and now a days
it has more completion because of increase in number of this type of companies within
the state and nearby states. Due to locality advantage and availability of raw material in
local market and low current rate levied by the state government, we have managed to
make success in marketing of our products.

The company is functioned demographically and there is no disturbance. In economic

aspects, at present the overall economic crisis affects all steel company for some extent
and the profitability of the company is come down to very low level. The company
initiated so many cost minimizing efforts in all sections within the company and it
awarded better results. The company is binding under state and central government
rules and regulations.

Now days, the state government has banned the formation of new steel manufacturing
companies due to various reasons. Hence that the chances to entry into this type of
industry in kerala is impassible. The factors attract the steel industry in this locality is
availability of raw material and marketing resources only.

The employment opportunity has been given to local peoples and other state peoples.
The skilled labours are mainly from north India and the company has provided enough
boarding and sanitary facilities inside the premises. The company is strictly follow up
the measures adopted by the state pollution control board and to met the standard
fixed by the board, the company has installed all required equipments and functioned
successfully.
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The organizational structure in our company is that:

The organizational structure is divided into four departments. The General Manager is
head for all and each department is headed by one manager responsible for the
successful functioning in right way.

The three departments are

1. Office Administration
2. Finance
3. Marketing
4. Factory Administration

1. Office Administration is headed by one Manager and this dept. consists one
accounts officer, tow accounts assistants, one cashier and tow office assistants.
The duty of the Office administration is documentation work, billing. Handling of
legal matters, making correspondence, preparing accounts and submission of
accounts to all Govt. Departments in accordance with rules and regulation.
2. Finance department is headed by one Manager and consists one officer and tow
assistants. The main duty of this department is handling banding transactions
and control of fund inflow and out flow and preparation of financial statements.
3. Marketing department is headed by one Manager and there are four others
including tow officers and two assistants. The main duty of the department is
marketing the company products to the existing covered area smoothly and to
find new areas to expand the marketing sources.
4. Factory Administration is headed by one Factory Manager and there are four
inter departments. They are
a. Electrical - this department is headed by an Engineer and under him
there are 4 assistants. The maintenance of electrical equipments in good
manner and avoid power disturbance due to fault in electrical
installations made within the company premises and do all electrical
works to carry on the machineries for smooth running.
b. Production ² this dept. is headed by one production in charge and under
him there are three supervisors. The duty of the dept. is to get maximum
production in economical way and maintenance of labour force in
healthy condition.
c. Quality Control ² this dept. is headed by one dept. in charge and under
him there are four assistants. They are tow lab. Technicians, one
supervisor and one assistant. The main duties of the dept. are
maintaining quality of the product as per the technical standard and
testify the product quality in laboratory and submission of reports.
 d. Stores ² this department is headed by Stores in charge and under him
there are three assistants. They are one stores officer and tow assistants.
The primary duty of the dept. is keeping all spares and materials
sufficiently according to the requirement for various departments and to
avoid storage of unnecessary stock of unusable materials.

5. Dispatch ² this dept. is headed by one dispatch in charge and under him there
are three assistants. They are one two supervisors and one assistant. The main
duties of this department is making arrangements for delivery of goods in
accordance with the direction of marketing dept. and maintain the systematic
storage of finished goods for easy dispatch or movement from the company
premises.