DECLARATION

I here by declare that this placement training report entitled "A STUDY ON

MINAR ALLOYS AND FORGINGS PVT, LTD KANJIKODE" is prepared by me

under the guidance and Supervision of Mrs.shyamala miss, Department of

commerce and management studies, V.V COLLEGE, Kanjikkode.

I also declare that this placement training report has been Submitted

by me for the partial fulfillment of Bachelor of Business

Administration, Calicut University.

 ACKNOWLEDGMENT

I take this opportunity to thank our principal Mr.Suresh babu for giving

me the opportunities to undertake this work. I express my gratitude to

Mrs.Ramalakshmi miss, the Head of Department of commerce and

Management studies.

I express my sincere thanks to Mrs,shyamala Miss for giving me Support

and proper guidance for conducting this work.

I extend my heartfelt thanks to management, staff and employees of

Minar Alloys and Forgings Pvt, Ltd Kanjikode,Palakkad.

I wish to thank to my friends and all those who helped me in completing

the placement training successfully

SANDEEP.R.NAIR
 CONTENTS
CHAPTER -1

1. introduction
2. objectives of the study
3. scope of the study
4. period of the study
5. limitation of the study

CHAPTER -2

Profile of the company

CHAPTER -3

Departmental Analysis

CHAPTER -4

Findings and suggestions

Conclusions

Annexure
 CHAPTER- 1
INTRODUCTION
 INTRODUCTION

The main aim of production of goods and services is to satisfy the human wants .

In the past human wants were limited. They produced goods and services for

satisfying their needs. By the advancement of science and technology and

increase in the standard of living there is a rapid increase in the demand for

various products. This necessitated mass production and mass distribution.

In the independent India the industrial sector was very small. In 1950-51

only 16.7% of national income came from industries and only a 9% of labour

force where employed in industries. The industrial revolution is an important

positive approach in the field of economic development of India. There is shift

from traditional industries to technologically advanced industries. Minar

alloys and forgings pvt ltd, situated at New industrial development Area,

Kanjikode, palakkad the company was established during the year 2003.
It was one of the fastest upcoming manufacturing and trading of Ms ingots, TMT

Bars, Rods, The capital investment is Rs. 3.50 crores. The company has an annual

turn over Rs.24 crores and the top amongst its competitors because of its technically

superior and quality products. CERTIFICATES:-

>Minar Alloys and forgings pvt. Ltd is certified by ISO 9001:2000.

>The firm is honored by the supreme tag from Bureau of Indian

Standard [BIS].

> It is one of the reckoned company in the industrial sector was

presented with SAMMAN PATHRA given the prestigious BEST

PERFORMANCE AWARD for the year 2007-08 on the eve of central

excise office palakkad.

 OBJECTIVES OF THE STUDY

1. To know the production of the company.

2. To understand the growth and development of the unit.

3. To assess the working atmosphere and welfare measures given to its

employees.

4. To assess the future prospects by finding out the solution to the problems
faced by the company.

5. To study about various departments of the company.

6. To suggest with more information to company

7. To analysis the financial position of the company

 SCOPE OF THE STUDY

This study is neither deep not wide, the study mainly concentrated on area of

production and personnel management. By using the primary and secondary data I

tried my maximum to study the production and personnel department of the concern.

There are so many limitations which reduces the scope of study.

METHODOLOGY AND TOOLS OF
ANALYSIS

The datas are collected by referring the primary data and secondary data.
primary

datas are collected by observing the various departments of the company and

recording the functions carried by them. Secondary datas are collected by using

financial statements like memorandum of association and articles of

association.
 LIMITATIONS

This study has some limitation which

1. Time Constraints:

The knowledge is like a sea. so the time period of 15 days given only

few information about the company.

2. Inadequate Information:

Information collected on the basis of worker’s experience and other

sources. it may not be fully reliable

 CHAPTER-2
PROFILE OF THE COMPANY
 PROFILE OF THE COMPANY

Minar alloys and forgings Pvt ltd, situated at new industrial

development area Kanjikode, palakkad. The unit was established during the year 2003.

The firm always engaged in the manufacturing of MS Ingots the company was situated

in 2.5 acre land. The initial capital investment is Rs. 3.5 crores. Rs.40 Lakhs are used

for pollution control. The company doesn't use any borrowed fund, it have only owned

capital. The company import raw material form Belgium, USA, Germany &company

also made local purchases from Malappuram, Trivandrum, Cochin, Coimbatore, the

main raw material used by the firm for manufacturing process is Heavy Melting

scrap, sponge iron.

There are 110 employees working in the factory. They are worked in two

shifts {8 to 6, 10 to 6} and only male workers are selected for the manufactory

process employees are mainly from Orissa," Bihar, and Andrapradesh etc.
 SH. A Mohd Shafi is the managing Director of the Minar group.

Company provides full security to employees to face any incident. They are giving

insurance to all employees. Mainly the company manufactures Ms Ingots. It is used

as a rawmaterial for making steel bars they uses most advanced

technology available and high-end professionalism in all aspects of

manufacturing and distribution process. The group is driven by strong social

commitment and involves it self in various activities. They make efforts to raise

funds for charity purpose.

They are committed to keep their environment neat and clean with

planting of trees and keeping small garden.

 Objectives of the company

 Improving customer satisfaction

 Ensure safe and Environment. Friendly processes though active involvement of all

employees

 Create awareness amongst the employees

 Encouraging our suppliers

Company's Vision

To be globally respected corporation that provides best of breed Business solutions

leveraging, technology delivered by best-in-class

Company's Mission

To achieve the objectives in an environment of fairness, honesty and Courtesy towards our

client's employees, vendor and society at large.

 Company's quality policy and objectives

MINAR ALLOYS & FORGINGS PVT LTD is committed to customer

satisfaction through continual improvement of all our products and adequate co-ordination

of activities.

 Improving customer satisfaction 5% every year

 Import 55% of the total scraps

 Improving supplier performance 5% every year

 Achieving BIS certificate for our product

 Providing minimum one training per employee per year

 Mile Stone -Minar Alloys & Forcings PVT, Ltd

The MINAR GROUP OF COMPANIES is one of the fastest upcoming

manufacturing and trading of Ms Ingots, TMT Bars, Rods, under the logo as 'MINAR'

having three unit in kerala viz, Anappuram steels pvt ltd palakkad, Minar Alloys &

forging pvt ltd Kanjikode, Minar Ispat pvt ltd kozhikode.

The unit was registered and started in 1997, viz Anappuram steels pvt

palakkad.

Minar Ispat pvt ltd situated at Kozhikode deals with the production of Ms

Ingots, TMT Bars and Rods and also are involved in trading of these products.

Minar alloys & forgings pvt ltd, situated at new industrial development area,

Kanjikode, palakkad, this unit was established during the year 2003.
Charitable Activities of Minar

The group is driven by strong commitment and involves it self in

various activities. They are committed to social cause and they make efforts to

raise funds for charity purposes. They strongly believe that. These activities

done for benevolent purposes truly bring in satisfaction.

Truly stupendous performance from this company since many hesitates

to take care of the common public and indulge only in profit making. Minar's

has been a heart rendering performance since its inception and till date it is doing

a lot of charitable activities in the name of and style of MINAR CHARITABLE

TRUST. Some of its memorable activities during the year include opening a

FREE HOMEO CLINIC to the common public and supply medicines tree of

cost thereby service them as good as possible. The clinic has been functioning

excellently with the great support of the public who have lapped it up around

304 students of the government higher secondary school kuttikattor, calicut were

supplied uniform materials this year and the company has forwarded scholarship

to 6 students of this school. The company also donates rice and other essential

commodities to widows and under privileged women. The company also conducts

marriages
Frequently to girls who are deprived of the same due to financial constraints. These

charitable activities prove Minaf s social commitment and its obligation toward

society. Minar has been always considerate to words people and activities have

proved it's fruitfully association towards common public. All these events have

catapulted minar to fame. Minar now looks forward to do more exception charitable

activities to help the common people and this year we are on the threshold of promoting

various help to the down trodden ones.

A part from this, they give support to school children of vocation

higher secondary school at Kanjikode by way providing uniform to 250 students and

study materials, utensils, furniture, computers what ever is applicable. They provide

financial and moral help to people, we have presented two houses to the under

privileged people in the presence of the pudussery panchayat president.

Every business involves risk, facing risk is a major problem to the firm. Beside risk

there is also some other problem that have to be faced by a firm.

They are commonly,

 Trade union problems

 Large amount of interest loans

 Lack of adequate fund

 Lack of skilled workers

 Pollution

But minar have no such problem. They face only the problem of pollution. Kanjikode is

the industrial place in kerala. There are a large number of manufacturing units. So there

must be a chance of getting Polluted. Large amount of smoke are generated from the

factory and slag or wastes are dumped in road after manufacturing process and chemicals

used for production are also the reason for pollution.

Pollution means contamination of environment with was materials. This

situation is very harmful to our earth and living beings, pollution are different types

mainly they are:

 Water pollution

 Air pollution
 Soil pollution

 Sound pollution

Water pollution is caused by flowing sewage wastes and factory

wastes to the water resources. Soil pollution is caused by the use of

pesticides and other chemicals in the

soil. It may reduce the fertility of the soil. Air pollution is caused by the

large quantity

of smoke discharge from factories. These are very harm to our

environment. So that

Minar has to taking utmost care on pollution control equipments

andensuring that

controlling equipments are effective. For this they remove slag or

wastes dumped

in the road and provide separate storage area for waste,green belt in

the factory

premises, labour quarters cleanliness, propersanitation and sewages,

water facility,

for safety purpose they provide helmet, googles, shoes etc.

In the manufacturing unit's chance of pollution are more. So that

in this firm,

they implement so many measures and techniques to control pollution.

They
provide following instruments for pollution control purpose.

 Secondary Hood

 Cooling Hood
 Secondary& primary jet filter system

 Venture scrubber

 Settling tank and sand filter and collection tank to be re-circulated

 33m Height chimney

 On line digital monitor with recording facility

 Objective of the study

Every business is started for attaining some objectives or goals. The main aim of

every business is earning profit. Business is an economic activity and it includes

production and exchange of goods and services for profit. So there are two part

of business Production and exchange, business is the process of coordinating

the human resources with non human resources. Such as men, machines, money

and methods for the success of enterprise. Every business has its own goals such

as maximizing profit, maximizing sales and demand, maintain good industrial

relation. The main objectives of this study are:

 To know different activities involved in the firm.

 To study about the manufacturing process of the industry.

 To know about the companies pay scale.

 To know about the companies various policies and procedures.

 Optimum utilization of resources.

 To know the development programs of the firms and increasing the standard of

living of the society.

 To find out problems of business and provide suggestion

 To know about the performance of management

 Organization structure

Organization structure is the frame work of relationship of individuals, working

at various levels to accomplish the organizational goals. It shows the authority

responsibility relationships between the various positions in the organization by

showing who reports to whom.

The management function is difficult in all organization. In Minar group

Mr. Mohammed Shafi is the MD and in Minar alloys & Forging Pvt Ltd Kanjikode,

Mr. Mohammed Haneef is the GM.

 ORGANISATION
Managing Director CHART

General Manager Management

Representative

Administration

Asst, general Quality Sales

Manager Controller Manager

Purchase Manager Production and maintenance In-charge

Production& maintenance
Stores-in-charge
Management
 CHAPTER-3
DEPATMENTAL ANALYSIS
 Finance Department

Finance is the life blood of business. It is required for smooth running of business

activities and it is necessary to supply raw materials. Finance department have a sub

department called Accounts department were all accounting works are carried on.

Finance department takes care about the requirement of the units such as purchase,

sales, wages and salary distribution, labour welfare, repair and maintenance,

electricity and other expenses etc.

In Minar Mr. Chandra Shekhar is the head of the finance department. Finance

manager plans about the required fund for the whole year and day to day requirements.

Finance manager reports the MD to take care of the company's various proposals.

Finance manager conceal with all department head about their requirement and that

will passed to MD. He report about actual sales and productivity of the company.

The financial statements prepared by the company are published or kept in the

company safely. Those who want to know about company are make use of them.

The financial statements like balance sheet and profit&loss account are prepared

on the date of 31st march of every year. Those are prepared by the financial

manager and passed to auditors for correcting errors and omissions.

 Records maintained by the fincial department:

 Purchase register

 Sales register

 Day book

 Invoice

 Trial balance

 General ledger

 Parts ledger

 Journey ledger
 Purchase & Stores Department

Purchase department concerned with the task of purchasing adequate amount of raw

materials with adequate quality at reasonable price. Purchase department is headed by GM

and he is assisted by purchase manager. Purchase department controls over stores

department. The raw material has been purchased according to the requirement which freezed

by time to time order sheet, purchase order given by the production department. Purchase

orders are issued when each and every new order placed for the production department. Stores

manager purchase the raw material required and been stored in the stores department. Stores

departments’ main work is to report about the requirement of raw material.

Purchase manager purchase various raw materials from different areas. It purchase various

quality melting scrap, sponge iron, moulds and other material are consumable from

branded companies like

 APN steels,

 ARUN TESA CASTING PVT LTD

 CITY CERAMICS
 Purchase Manager: Responsibility and Authorities

Responsibilities:

1.To release the vendor schedule for monthly basis.

2.Making availability of item or components to be supplied in time

and also ensuring of the same.

3. To check and ensure release of purchase order for all items

required for production.

4.To ensure the quality standard of the input or output components

5.To develop alternate source for achieving better quality and cost Reduction

6. To maintain vendor performance data.

Authorities:

1. To decide order requirement as production plan

2. To approve alternate source development.

3.To deviate commercial terms with respect to transportation, payment terms

etc.

4.Full power to decide new source, Price etc. for procurement

 Stores Manager: Responsibilities

1.To maintain customer supply products are proper documentation.

2.Is responsible for proper handling storage and preservation of all semi finished or finished

components.

3.Properly maintain on in process materials.

4.Authority and fully responsible for defect of customer supplied

Product
 Production department

Production is the process by which goods and services are created to

satisfy wants. Production management refers to managerial responsibilities of

planning, organizing directing and controlling of production function. Production

is the transformation of raw materials into finished products. Production process

are different types.

Here, Minar Alloys and Forging Pvt. Ltd. Mainly produce MS Ingots. Mr.

Abdul Khadher is the head of the production department. Here production is

laid on continuous basis. This manufacturing process is called Continuous Flow

Process.

In this process, the work flow is continuous and all output has given

equal importance. The entire manufacturing process is broken into various

operations. Each unit flow one operation into another. At the end of the process

single output is generated. Here mass production is carried out continuously for

stock in anticipation of demand. The number of operations and the sequence of

operation also remain the same.

• Machines are arranged on the basis of product layout or operation

sequence of the product.

 •Machines are used to perform specific operations. A semi skilled

operator operates the machine.

•Material handling process is mechanized.

•Product design remains constant.

•Mass production can be carried out.

•There is no interruption in production. The production is going on a

continuous basis.

In this company for manufacturing their products they follow

continuous flow process because mass production is needed. Main Raw

Materials Used:

•Sponge iron

•Heavy melting scrap

Scraps are collected from various locations and imported from Belgium,

USA, Germany and local purchases are made from Malappuram,

Trivandrum, Cochin and Coimbatore.

Collected scraps is stored in a place called Scrapy yard, for

manufacturing process the scrap is bundled into a large square piece by

using Bailing Machine, which help to bundle the scrap. And this square

pieces is transferred into a grinding surface by a magnetic crane. Pneumatic

chipping machines are used for sand removal. The crane capacity is 10 ton.
This magnetic crane place the scrappy square in to a grinding machine and it

become like sponge steel. And these are moved in to the furnace for melting the

scrap. The capacity of furnace is 5ton the capacity utilization is 85%

There is also some other raw materials used for producing Ms Ingots. It is

used for increase strength and quality of Ms Ingots and reducing heat. R

• Silicon manganese

•Ramming mass

•Boric acid

•Aluminum

•Ferrosilicon

•Sodium Silicate

•Whytheat

•Quartz powder

These are added at certain intervals before pouring into mould. One mould set

contains 58 pieces. This is poured into a series of ingot moulds and moulds

solidify. Coreless Induction Furnace are used for melting process. The ingot

moulds are stripped and the ingots are placed in soaking pits for heating and to

equalize internal and external temperature. Following the soak the ingots are

not rolled in large primary rolling mills to produce slabs, blooms or

billets depending upon the final product desired. The

 Weight of one ingot is 80-90 kg. These ingots are transferred into store or

warehouse for handling it to real customer.

Details about the Technologies

Minar Alloys & Forging Pvt Ltd, used modern machines for

production process. Machines are fully computer controlled. For operating

such machines skilled Labours are appointed. At present the latest

technologies are adopted for controlling pollution. In their laboratory there

are so many equipments which is used for checking and controlling the

quality of the product

Mettler Toledo-

It is a modern equipment used for weighing the loaded container( in

/
tons). It is also controlled by computer.

The company has a well equipped lab which is headed by

Mr.Ravi Krishna. The main job is quality control and checking, pollution

checking. For that some machines are installed, they are:

•Air oven

•Electronic weigh scale

•Strohlen apparatus

•Combustion furnace
 • Flow meter

• Unit Controller

• Oxygen cylinder

• Hot plate

• Muttle furnace

• Distill water plan

Production Programme:

The management of the industry develops a clear outline about the production

Programme. Mr. Abdul Khadher handles the whole control of stores and production

department
Production Manager: Authorities and Responsibilities

Authorities:-
a. Ensuring controls on the process during manufacturing and these by

ensuring the quality of in house made items.

b. Ensuring quality of the finished products prior to despatch to the

customer.

c. Providing support to the vendors to meet the quality requirements

and also guidelines for continous improvements.

d. Establish necessary instructions and systems to carried out quality

planning, controls for our improvement activities.

e. Collection of data and analysis of NC products.

f. To advice corrective action to avoid recurrence of NC products

Responsibilities:-

a. To guide in preparing monthly schedule for production based on

customers order

b. To ensure availability of all materials for uninterrupted production.

c. To responsible for taking corrective and preventive action on

discrepancies wherever necessary to meet production target.

d. Select the samples from the lot for inspection as per sampling plan.

e. He is directly report to MD or GM.

 Raw-material/scrap Store
yard
Inspection of scrap, chemical analysis

Production Flow Diagram

Identification&segregations

Move to
store Furnace preparation

Preparation of charge
Secondary preparation

Charge the furnace move to furnace area

Melting the charge

ould to required dimension&shape
Stage inspection (chemical testing)
repair etc.

Alteration of charge if required

mixing the charges to
Mould setting production
Lader sample

heat the furnace by

Final inspection induction

Pour to moulds
bath sample

Remove from moulds

add required components

Ingots

Dressing

Making of heat number (coloring)

cool by
room temperatureStock yard
 Personnel Department

Human beings are the most important factors of production in all organization.

Personnel department is concerned with the management and control of the people in

the organization. Human resource managing is a difficult task so in many

organization. Personnel department plays an important role. All problems related

with workers are solved by personnel manager. Personnel management is an art of

acquiring training, developing and maintaining, competent and efficient worker in the

organizations. In all firms personnel manager try to make a cordial relation among

and between employees and management. It is primarily concerned with the

management of personnel at work and their inter personnel relations. HR manager

have to

do many functions.

• They help the organizations to attain its goals effectively and

efficiently by promoting competent employees.

•To utilize available human resources effectively.

• To increase the fullest employees job satisfaction.

•To establish and maintain cordial relation between management and employees

•To reconcile individual or group goal with organizations goal.

In Minar, both skilled and unskilled labours are working where the salaries are

paid according to their capability. The industry adopts piece rate system f r wage

payment to unskilled workers. They are mainly from Orissa, Bihar, Andhra

Pradesh etc. among them there is no female workers because the job is that much

danger.

No.of employees salary

Higher authorities 10 20000-24000

Skilled labours 10 10000-12000
Unskilled labours 80 3500-5000
Others 10 2000
Total 110

The higher authorirties are being paid on 5th of every month and labours (wages)

are been paid every weekend.company provides PF,BONUS,DA,production

bonus,insurance to their employees.company provides free food on their canteen

and every Thursday there is a special food.they provides holiday on diwali,holi etc
to their labours
 The company follow shift basis in the organization which helps in control

quality in the product. The shifts of the company are as follows

•08:00-06:00

•10:15-10:30 Tea Break

•10:30-12:15

•12:15-01:00 Lunch Break

•01:00-03:15

•03:15-03:30 Tea Break

•03:30-06:00

Total No. of working days in a year = 302 days

In this firm promotions are on seniority basis and vacancies to the

higher post are filled by personally. Then such employees get a six month

training. And the workers to the factory are recruited with the help of labour

contractors.

We can say that this firm may try to satisfy their workers in
each

and every aspect. They provide insurance to their workers.

Mr. Siddique is responsible for the function of personnel

department.
 Personnel accident insurance policy(group)
%capital sum insured

•Loss of toes-all 20%

•Loss of toes ~ both phalanges 5%
•Loss of toes - phalanx 2%

•Loss of toes if more than one toes loss. 1%

• Loss of hearing both ears

• Loss of hearing one ear 75%

• Loss of 4 fingers and thumb one 30%

hand 40%

• Loss of finger 35%

• Loss of thumb - Phalanx 10%

• Loss of index finger 3- phalanges, 10%

2 phalange, I phalanx
6%
• loss of finger
5%
• Loss of ring finger

• loss of little finger 4%

• Loss of meta carples 3%

• Any other permanent disablement %as assessed by a planned data of the

company
 Health & Safety policy of Miliar

Objectives:-1

1. Invention and commitment to health.

2.Combines with relevant statutory requirement.

3.Organizational setup to carry out policy.

4. 4. Arrangement for making policy

effective. Through:-

•Worker involvement by specifying responsibilities

•Workers health and safety performance accounting for career advancement.

•Fixing responsibilities of contractor and transporters entering premises.

•Inclusion of companies health and safety performance in the annual report.

• Educating, training, retrenching employees wherever required.

• Incorporating safety aspects in equipments purchase.

• Periodic status assessment.

Integrating health and safety performance in annual report.Maintenance
Department

Office management is the art of guiding the personnel of the office in

the use of means appropriate to its environment in order to achieve its

specified purpose. It relates with proper care and maintenance of

buildings, plant and machinery. It is also concerned with the layout of

the office, Staffing, Equipment of office etc.

Here Mr. Senthil is responsible for managing this department. He

has to perform certain functions. They are;

1.To educate operators on new process or new machines or any

other modifications in process.

2.To monitor process control and maintain relevant production and

in-process inspection reports.

3.New tool procurement planning and get approval from GM.

4.Identify sources for process improvement.

5.To ensure machine maintenance as per schedule (Daily/Periodical).

6.Communicate to higher ups regarding process development and

improvement.
7.Suggest training requirement for operator to GM.
8.To prepare break down requirements.
 Sales & Marketing Department

The ultimate purpose of production is the satisfaction of human wants.

Marketing makes the goods are useful to the society by getting them

where they are wanted, when they are wanted, to whom they are wanted.

Here sales are directly controlled by the MD through the sales manager

and sales representative. Mr.Chandrashekar is the sales manager of minar.

They mainly supply their product in local market and have regular

customers.

The price is fixed by the MD and after fixation it will be informed to

the sales manager and he conducts meeting with sales representative about

the price based on the enquiry, the sales manager discuss with MD about

party's requirement and their target price. If any based on quality and

quantity. The MD finalizes the offer and enters the sales contract.

Collection of money after sales is the responsibility of sales manager.

 Sales Manager: Responsibility

•To ensure prompt delivery of goods to all customers to meet the delivery

schedule.

•To ensure the quality standards of the output.

•To ensure the purchase order from the customer.

•To ensure any complaints from customer arise immediately inform the GM and

Q.C

•To ensure the customer satisfaction report on every year.

•To ensure the settlement of invoice.

 CHAPTER-4
FINDINGS AND SUGGESTIONS
 FINDINGS:-
1. Minar alloys &forging pvt.ltd is an ISO 9001:2000certified company.

2. The firm is committed to customer satisfaction through continous improvement

of all products and adequat^ordination of all activities.

3. Latest developments and innovajfons are followed to assure excellent

product quality.

4. Duties and responsibilities of all workers are well defined.

5. They take utmost care on/controlling pollution for that they install various

instruments.

6. They provide heart rendering service towards society.

7. They are the manufactures of MS ingots.

8. They are operating without any term loan or any other borrowed capital

9. They insured all their staffs and associates in group personnel accident
insurance policy.
10.They have highly equipped Laboratory, it is recognized by BIS.
 SUGGESTIONS:-

l.keep a good and cordial relation with workers.

2. Proper care is required to handle the machine, so gave proper training to the

employees.

1. Maximum capacity utilization will help to increase production and reduce

wastage.

2.Care should be given to avoid dead stock.

3.Create awareness amongst employees about environment friendly

4.Gave adequate support to the workers.

5.Try to maintain pollution control techniques

6.Provide adequate and fair wage t</employees

7.Do more exceptional charitable activities to help the common people.

8.Be careful when acquiring rAw materials because it affect the quality of the product.
ANNEXURE
 Purchase requisition and purchase order followed by Minar Alloys & Forging

pvt ltd.

Purchase requisition is a formal request of purchase department to

purchase material specified in it. Thus it authorizes the purchase department to

purchase material. It also serves as a documentary evidence and record of

purchase. It contain particulars of description of materials require quantity and

quality of materials required etc.

MINAR ALLOYS AND FORGINGS Pvt. LTD

Purchase requisition

Pr. No :MSR DATE:

From: Maintenance Dept.
SI Description Specification Quantity Required Remarks
No. required by date

Raised By: approved by:

■
Date : date :
 MINAR ALLOYS AND FORGINGS Pvt. LTD

To No.
Date
Intent No.
Ref:
Item particulars quantity Unit Amount(Rs.)
No. Price(rs.)
nos unit
1
2
3
4
5
total

1.delivery within one wee

2.Mode of dispatch by road

3.payment terms on receipt of materials

4.taxes
5.frieght charges extra as possible
6.insurance
7.gurantee
8. Price quoted should remain firm until the competition of supply

Prepared by: Approved by

purchase
manager/GM

Balance sheet as on 31st march 2009

 Amount(Rs.) Amount(Rs.)
Particulars current previous
Sources of fund
Share holders fund
Share capital 287550 287550
Share application money 11209771 7209771
Pending allotment

Loan funds
Unsecured loan 7709389 12228676

Application funds:-
FIXED ASSETS
a)gross stock
less
b)depreciation

c )net block
Current assets:-
Cash in hand
Cash at bank
Advances
Central VAT
Inventories
Deposits
Sundry debtors

Less
Current liabilities & provision

Current liabilities

Provision

Net current asset

Miscellaneous expenses to
The extend

profit&loss A/c

Total
47674160 48193447
22483877 22691904

2635394 2828933

19848483 19862971

34727 36405
337074 2106918
1122664 992250
1071289 958705
55652076 25941087
21102233 16203302
27812126 5046118
107132191 51284852

163013217 110759965

5216250 5753853

(61097275) (65228965)

109821 122023

88813131 9347417

47674160 48193447
 MINAR ALLOYS AND FORCINGS PVT. LTD
C-8/22 Aruvi Chandranagar, Palakkad, Kanjikode

Profit & Loss Account for the year ending 31st Mar. 2009
Particulars Amount Amount '

Current year Previous year

Income
Sales 203879549 167941583
Other income 4050814 84638622

Closing stock 55652076 25941087

Total(A) Expenses 263582439 202346534

252672921 214596046

expenses 3649838 11790872

Administration

expenses 2635394 2828913

Depreciation
Total(B) 258958113 229215851
4624286 26869317

period(A-B) Loss 93437417 66568099

brought
88813131 93437417
 Issued paidup capital 28755

SHARE HOLDERS No of shares Rs. This year

Abdulkadher(M) 500 1000

AbdulKareem(D) 3656 1000
AmeenHussain(D) 500 1000
A.Mohammed Shafi(Md) 1060 1000
CP Abdullah (M) 500 1000
CP Rasheed (M) 400 1000
Haji A Hamsa (M) 1000 1000
Jalala Hussain (M) 700 1000
KK Hussain (M) 550 1000
KP Alavi Haji(D) 3840 1000
KP Mohammed Shafi(D) 280 1000
Laila Fasalullah Khan (M) 400 1000
MAMajeed (M) 499 1000
Maryam Hussain (M) 450 1000
Moorkath ummer Haji (D) 1465 1000
PM Hams (M) 500 1000
PP Khadeeja (D) 260 1000
Soufiya Mehar (M) 500 1000
Sulthana (M) 700 1000
T AhammedKutti Haji (M) 500 1000
Thaha Hussain (M) 400 1000
Thombil Hamsa (M) 2740 1000
TK Haneefa (M) 500 1000
TM Ahammed Koya (M) 1500 1000
1000 1000
TT Aboobacker (M)
2185 1000
W Aboobacker(D)
1085 1000
W Adinan (M) 1085 1000
W Mohd kutti Haji (M)

28755