About UsThe organization comprises of FOUR (4) companies for carrying out different business activities which includes marketing, distribution, retailing, constructions, land development, & manufacturing/ processing. The Registered offices of the MAHAPET Organization are all located at Chennai.
All the companies in the group are profit making companies except Mahapet (India) Pvt.Ltd. for Primary Packaging unit under implementation at Satlapur Industrial Area, Mandideep Phase II, Bhopal, Madhya Pradesh, with a project outlay of over Rs. 8 crores. In fact all the companies are rated very well by the bankers.
The company to be established first was M/s CJ Marketing Pvt. Ltd. originally incorporated in 1997 as Chennai Jain Finance & Investment Ltd. as an NBFC vide ROC registration number 18-37318 & the original promoters were Mr. Prem Chand, Mr. Utham Chand, Mrs.Vasantha & Mrs. Sarala.
Then in Dec’08, 2001 the name was changed to CJ Marketing Ltd., then converted as a private limited company in June’2004.
M/s CJ Marketing is constituted with an authorized capital of Rs.50,00,000 (fifty lacs) divided into 50000 equity shares of Rs.100/- each. The paid up value is Rs.48, 66,000 of 48,660 shares, with Reserve of Rs.2, 27,524/-. The current reserves have gone upto Rs.276224/- , with a fund base of over half a crore today.
CJ thereby became a marketing organization & is representing the best names in Adhesives industry M/s Pidilite Industries Ltd, in Chennai as a distributor, & also an association with ADAG Group, Reliance Communications, besides having interests in bullion markets & goldsmiths, gems, silversmiths & precious stones, pearls etc doing retails sales to some extent.
Lately CJ has added a new wing of Reliance Communications, as mentioned above, for CDMA & GSM for Chennai, which has boosted the sales & performance of CJ Marketing in Chennai making it Numero Uno in Chennai in CDMA. The GSM is very shortly to be opened up R. COM.
CJ has established strong business relationships with Chennai based Communication retailers like Wavetel,Iconet & Apollo to name a few, grossing a turnover of over 10 crores currently pa.
CJ has therefore built up a Committed & strong sales team for giving the required boost of annual CAGR of 25% with regular & periodic incentives & motivational packages to be ahead in the markets, keeping in mind the intense competition all with focus for communication products in & around Chennai.
This company was set up in 2003 to take advantage of the growing Real Estate industry & whereby procuring lands, developing to marketable units & also develop designing housing complexes is an activity moving in a gradual upward manner is an activity & also developing & designing commercial properties.
This was promoted by Mr.Utham Jain & Mrs.Vasantha, with an authorized capital of Rs.48,00,000 (forty eight lakhs) divided into 4,80,000 shares of Rs.10/- each. The paid up share capital as of now is Rs.63,00,000 (sixty three lakhs) & with a reserve of 1.63 lakhs.
During this period Vardhman has designed, developed & sold over 5 lacs square feet of properties in & around Chennai building strong profile of sound & satisfied customers.
The areas were all in & around Chennai which is growing quite well over the past few years like any of the major metropolis. The real estate activity includes developing & designing large land areas in marketable sizes, besides constructing housing units & commercial units in different parts of Chennai. |