History of Noble Brothers Impex Ltd.
NOBLE BROTHERS IMPEX LIMITED [NBlLs] was incorporated on 23rd day of March, 1993 with the Registrar of Companies, Delhi and Haryana at New Delhi & obtained the certificate of Commencement of Business on 30th March, 1993.
The Comp. took over the running business of Batra Export House, a partnership firm [a recognised export houses] which was in operation since 1988. M/s. Batra Export House was promoted by Sh. S.S. Batra & Sh. P.P.S. Gulati in the year 1988 to undertake export activities at Naraina, Delhi. M/s. Batra Export House also undertook the production of leather garments for export market. In the year 1992 the firm also established a tannery at Bahadurgarh [Haryanas].
The Tannery Unit of Comp. has been gradually modernised & expanded to the present capacity to produce 3,50,000 sq. ft. of high quality finished leather per month to fulfill the majority requirement of leather of the company. In the year 1990-91 the Comp. [Erstwhile firm i.e. Batra Export Houses] sold 25099 pcs of Leather Jacket, Long Coat & Safaris etc. & registered a turnover of Rs.460 lacs & sold 84687 pcs of these items in 1993-94 registering a turnover of Rs.2,259 lacs.
The Comp. is diversifying info manufacturing of Cotton/Woollen Garments by setting up a Unit at Naraina Industrial Area, Ph-II, New Delhi to manufacture 500 pcs. of cotton/woollen garments, [safari'ss] per day and modernising its present Leather Garments production facility by installing imported machinery for manufacturing the quality conscious production for export markets of USA, CANADA, GERMANY, RUSSIA.
The Comp. has over a period of time established itself as a high quality Leather Garments Supplier. The Comp. has been manufacturing & supplying Leather Garments to world renouned dealers of garments i.e. J.C. Penney, Burlington, Wilson, Clout Related Fashions, Mercantile etc.
The turnover of NBIL [Erstwhile firms] increased from Rs.274.65 lacs in 1990 to Rs.2,259.48 lacs in 1994 thus registering an increase of 722.67% over a period of 5 years. During the same period, the Comp. earned a profits of Rs.71.18 lacs and Rs.253.56 lacs thus registering a growth of 51.23% annually. Under the leadership and guidance of its present Managing Director Sh. Jaspal Singh Batra & Jt. Mg. Director Sh. Manmohan Singh Gulati who have over 15 years of experience in the line. The entire production of Comp. since 1990 is being exported to highly competitive world market like Russia [formely USSRs], USA, CANADA, GERMANY etc.
The Cotton & Woolen Garment Industry occupies a prominent place in the Indian economy, Characterised as it is by its massive potential for employment, growth & exports. The growth of this industry is sustained as a large area is under cultivation of cotton & a good quality wool too is available albeit not of fine variety. With a low gestation period & large markets, the cotton/woollen and leather garments industry that has over the year burgeoned as a real cash cow for Indian manufacturers, merchants and traders.
In 1992, India exports in textiles were a mere $6 billion, with garments contributing a little over 50%. From 1991-92, the exports grew by about $1 billion, a growth rate of 20%. This rate of about 20% per year means an export figure of around $26 billion by 2000 which yields an Indian market share of 5.2% double the share of 2.4% in 1992.'
MAIN OBJECTS OF THE COMPANY
The main objects of Company, as set out in the Memorandum and Articles of Association of Company, are:
1. To carry on the business of trading, import & export of all kinds of consumer goods, industrial goods & commercial goods.
2. To carry on the business of, traders, dealers, importers & export- ers of all kinds of leather goods, shoes, chappals, belts, watch straps, purses, hand bags, suit cases, portfolios, leather garmets, holdalls, carry bags, hosiery goods, wool, woolens, ready made garments, dresses, wearing appareal, sports, goods, sports equipments, accessories, socks, upholstery, bed sheets, towels, table covers, scarfs, sarees, cushions, knitwears, fashion goods, toilet goods, cosmetics perfumes, milk products, canned food, processed food, fish, fresh meat, meat products, fish products, edible oils, butter, sweets, pickles, condiments, malts, cereals, food grains, pulses, spices, tobacco, cigrettes, paan masala, paan, beetle nuts, dry fruits, fresh fruits, dry vegetables, fresh vegetables, tea, coffee, jute, jute products, coir, coir products, hesian, textiles, velvet, patestry, resine, cloth, fabrics, curtain cloth, rubber, rubber products, carpets, durries, matting, mat- tresses quilts, rugs, drudgets, non-woven cloth, namda, shawls, laces, blankets, niwar, tapes, silk, cane, cane products, wood, wood products.
3. To carry on the business of traders, importers, exporters and dealers of furniture, crocker, cutlery, kitchenware utensils, cookers, glassware, table ware, building fittings, building material, paints, varnish distemper, bathroom fittings, files, structurals, scaffoldings, ceiling plates, c.p. fittings. door closers, hinges, locks, channels, balls, bearings, shutters, shuttering materials, planks, plates, flooring materials, wall paper, oils, lubricants, ropes, conduit pipes, steel, iron cement, thinner, colour, dyes, chemicals, phenyle, deodorants, insecticides, pesticides, fertilizers, hardware goods, window panes, wall fittings, electrical fittings, manholes, seewer pipes, hoses, seever covers, p-traps, seats, w.c. closets, bathing tubs, hangers, pipe fittings, water fittings, sanitary fittings, boilers, geysers, sewage disposal pipes, fittings & accesories, door fittings, window frames, iron grills, iron gates, doors, bricks, marble floorings, venyle floorings, ceramic products, ceramic tiles.
4. To carry on the business of traders, dealers, importers and exporters of electrical fittings, electrical goods, electronic goods, T.V. sets, gramophones, audio tapes, video tapes, tape recorders, transistors, tubes, bulbs, shades, lamp shades, fancy fittings, electrical fittings, lighting materials, irons, curlers, dryers, boilers, heaters, cooking ranges, gas stoves, washing machines, dish washers, communication equipments telephones, ctaphones, fax machines, photostating machines, duplicating machines, developers, typewriters, computers, printers, microphones, loudspeakers, moderators, voice volume control- lers, hooters, alarms, wireless sets, cordless telephones, transmeters, broadcasting equipments, recording machines, transcenders, transmission equipment, headphones, ear- phones, photographic equipments, antenas, photographs, films accessories, & chemical arials, testing equipments, relay equipments, transmission controls, transmission controllers, transmission regulators, their accessories & spare parts, tools & kits, cables, wires, battons.
5. To carry on the business of traders, importers & exporters of bicycles, bicycle parts, automobiles, automobiles parts, tractors, tractor parts, generators, generator parts, machine tools, machine parts, workshop machinery, bench tools, hand tools, machines, machine tools, conveyer belt systems, belts, fan belts, fenners, printing machines, spares & accessories, foundry products, printing ink, chemicals, pearls, stones, diamonds, jewellery minerals, metals fertilizers, containers, paper, packing paper, toilet paper, printing paper, writing paper, stationery items, books, magazines, newspapers, greeting cards, wedding cards, invitation cards, plasticware, visiting cards, punching machines, stapple machines, franking machines, geometry boxes, disection boxes, measuring equipments, teaching aids, scales, writing pens, ball pens, pencils, pencil sharpners, erasers, call bells, file covers, folders, tags, all pins, jam clips, stapples, drawing boards, pen stands, pen trays, table calenders, foot rules, weighing machines, paper punch, paper cutters, culculators, calculator machines, wrist watches & spares, wall clocks & spares, table clocks & spares, decoration pieces, handicrafts, wall hangings, table decoration pieces, toys, shields, cups, trophies.
THE COMPANY HAS BEEN AUTHORISED BY THE SHARE HOLDERS IN THEIR EXTRA-ORDINERY GENERAL MEETING HELD ON 30TH SEPTEMBER, 1993 TO CARRY ON THE FOLLOWING BUSINESS AS CONTAINED IN CLAUSE NO.85 TO 87 AND 100 OF THE OTHER OBJECTS:-
85. To manufacture, process sell, purchase, import, export, deas in yarn, thread, cotton, wool, jute, hemp, silk, synthetic fibre, textiles, cloth & carry on the business of dyers, spinners, weavers, embroiders, printers, processors, carders, tailors, hosiery manufactures, bleachers, mercerisers, shrunkers of woollen, cotton & synthetic textiles, fabrics, yarns and threads.
86. To manufacture worsted, serge, gaberdne, blazer, cartroi, pirsienne, ootswool, tween pattoo, pashmina, puke, terywool, cottonwool, drill, fusser, terrycot, satin, popline, longcloth, patta, sheetings, tapestry, mulls, voils, rubis, crepep, chiffon, tafta, georgette, khaddar, casement, linen, velvet, jean, net, tarpauline, canvas, garha, & all kinds of textiles & fabrics made of wool cotton, silk, rayon, jute, hemp, yam or synthetic material either printed, screen printed, woven, spun, dyed, bleached, mercerised, knit, designed, embroidered or simple, plain or with patterns, check, markings, designs, painting.
87. To process, dye, colour, clean, shrink print & prepare leather from animal skins & hides & manufacture, deal, import, export, by & sell, leather, leather cloth, leather foot wear, leather garments, leather goods & leather threads.
100.To carry on the business of manufacture of all kinds of consumer, industrial & commercial goods.
