I just read this e-book, simply because, according to my friend this book is written by some of the ingenious individuals who foresaw and also profited even from the financial collapse. - Sunita
I heard people are using this e-book as a Self-help guide to investing. I recently finished studying it, and never have experimented with any of the strategies; however they all appear to make sense. - Rajiv
A fantastic guide overall. Quite different from almost all other value investing publications because it concentrates on finding unique scenarios that are best to invest in. - Alexis
This particular e-book really opened up my eyes to some fresh opportunities and possibilities that while investing I should be looking for. Once you have read this traditional value investing book you will learn a lot. - Kavita
I really like the writer of this book. It is simple, properly explained, amusing, relevant, and incredibly well planned. This particular e-book is really a holy bible for dealing with unique circumstances in the market. - Saurabh

History of Honda Siel Power Products Ltd.

YEAR EVENTS 1985 - The Comp. was incorporated on 19th September, 1985 & obtained the certificate of commencement of business on 10 October, 1985. It was promoted jointly by Shriram Refrigeration Industries, Ltd. [SRIs] Honda Motor Comp. Ltd, Japan. Both SRI & Honda were to subscribe to the extent of 33.33 percent each in the share capital of company. The Comp. manufacture portable generating sets.

- The Comp. undertook to set up a project for manufacture of portable generator sets with capacities ranging between 0.25 KVA to 10 KVA.

1987 - 70 shares subscribed for by signatories to the Memorandum of Association. 74,99,930 No. of equity shares then issued at par of which the following shares were reserved & allotted;

- [is] 24,99,750 shares to Indian promoters Shriram Refrigeration Industries, limited and

- [iis] 24,99,750 shares to Honda Motor Co. limited Japan, the foreign Collaborator. Out of remaining 25,00,430 shares, the following shares were reserved for allotment on a preferential basis:

- [is] 3,70,00 shares to NRIs on repatriation basis [only 3,27,900 shares taken ups];

- [iis] 2,50,000 shares to shareholders of Shriram Refrigeration Industries, limited [None were taken ups] and

- [iiis] 3,70,000 shares to employees of Comp. & Shriram Refrigeration Industries, limited [only 41,300 shares taken ups]. The balance 15,10,430 shares along with the unsubscribed portion of 6,20,800 shares were offered for public subscription during August-September 1987 [all were taken ups].

1988 - The Comp. introduced two new models of generating sets.

1990 - The Comp. introduced `General Purpose Engines' used in construction industry & agricultural sectors.

1991 - The Comp. launched water pumping sets based on Honda design and another model of genset based on kerosene fuel.

1992 - The Comp. launched Kerosene run small genset.

1993 - 26,44,000 No. of equity shares issued at a prem. of Rs 15 per share as follows:

- [is] 25,00,000 Rights equity shares offered [prem. Rs 15; prop. 1:3s];

- [iis] 48,000 shares to employees [all were taken ups];

- [iiis] 48,000 shares on allotment basis to Shriram Industries Enterprises limited [all were taken ups];

- [ivs] 48,000 shares on pref. allotment basis to Honda Motor Co. limited [all were takens] 1,193 share kept in abeyance.

1994 - 231 shares kept in abeyance allotted.

1996 - The Comp. proposed to add newer models of engines & water pumping sets to its range. The capacity was enhnaced further to 1,25,000 units p.a.

1997 - The company focus on engines & water pumping sets and introduction of new models in 15 HP range were well received in the market.

- In house manufacture of Camshaft and Connecting rods required for gensets, GP engines & water pumping sets were commissioned.

- The Comp. entered into a technical collaboration agreement with Honda Motor Co., Ltd., Japan for a period of 8 years, for know-how, assistance in procurement of plant & machinery and the components necessary for manufacture & assembly of the Company products.

- The Comp. had been set up 10 years ago as a joint venture between Honda & Siel.

1998 - Honda Siel Power Products, a joint venture between Honda Motor Company, Japan & SIEL Ltd, is displaying its range of innovative agricultural products at the Agro Tech '98 in Chandigarh.

- Wipro, Honda Siel Power Products, & Astra-IDL have been conferred the Analyst Awards, by The Institute of Chartered Financial Analysts of India [ICFAIs].

- The name of Comp. was changed from Shriram Honda Power Equipment limited to Honda Siel Power Products Ltd.

1999 - Within a year of Honda Motor Comp. acquiring 66 per cent stake in the joint venture Honda Siel Power Products Ltd, the Comp. is now set to launch an entire range of new power products in India from Honda stable in Japan.

- The Comp. presently manufactures cars in engine capacity of 1300 cc & 1500 cc at its Greater Noida plant.

- The Comp. will launch 5.5 KVA Honda Power Rangers with self-starters & noiseless operation.

2000 - Auto majors Honda Siel & HM Mitsubishi have bagged the India Sales Satisfaction Index 2000 award, instituted by J. D. Power Asia Pactific.

2002

-Mr Mantosh Sondhi, Director of Comp. expires. 2003

-Launches 'Honda-Gen X', a range of silent & technologically superior gensets.

-Bharat Petroleum Corp Ltd forms a strategic pact with Honda Siel to help launch getsets & geysers.

2004

-Corporation Bank has signed a memorandum of agreement with Honda Siel Power Products Ltd to provide easy loans for purchasing Honda power generators.

2008

- Honda Siel Power Products Ltd has informed that the Board of Directors of Comp. at its meeting held on January 21, 2008, inter alia, has re-appointed Mr. R S Bidesi as Vice President and Whole-Time Director of Comp. effective February 09, 2008.