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Examinatiaon Schedule for MBA IV-Sem (Main & Back) Examinations commencing from
24th MAY., 2011
II-Year,
IV Sem Tuesday, 9 to
M-403
MBA (Main May 24, 12 MBA Business Laws 3
(Compulsory)
& 2011 Noon
Back)
II-Year,
IV Sem Thursday, 9 to
M-402 Project
MBA (Main May 26, 12 MBA 3
(Compulsory) Management
& 2011 Noon
Back)
II-Year, Saturday, 9 to
M-401 Business Ethics
MBA IV Sem May 28, 12 MBA 3
(Compulsory) and Ethos
(Main) 2011 Noon
II-Year,
IV Sem Monday, 9 to
M-405 Financial
MBA (Main May 30, 12 MBA 3
(Major-I) Derivatives
& 2011 Noon
Back)
II-Year,
IV Sem Monday, 9 to
M-409 Employement
MBA (Main May 30, 12 MBA 3
(Major-I) Laws
& 2011 Noon
Back)
II-Year,
IV Sem Monday, 9 to
M-411 Logistics
MBA (Main May 30, 12 MBA 3
(Major-I) Management
& 2011 Noon
Back)
II-Year,
IV Sem Monday, 9 to
M-415 Management
MBA (Main May 30, 12 MBA 3
(Major-I) Support System
& 2011 Noon
Back)
II-Year,
IV Sem Monday, 9 to
M-419 Hotel
MBA (Main May 30, 12 MBA 3
(Major-I) Management
& 2011 Noon
Back)
II-Year,
IV Sem Wednesday, 9 to Banking
M-406
MBA (Main June 01, 12 MBA Services 3
(Major-II)
& 2011 Noon Operation
Back)
II-Year,
IV Sem Wednesday, 9 to
M-408 Marketing of
MBA (Main June 01, 12 MBA 3
(Major-II) Services
& 2011 Noon
Back)
II-Year,
Performance
IV Sem Wednesday, 9 to
M-410 Management &
MBA (Main June 01, 12 MBA 3
(Major-II) Retention
& 2011 Noon
Strategies
Back)
II-Year,
IV Sem Wednesday, 9 to
M-416
MBA (Main June 01, 12 MBA E-Business 3
(Major-II)
& 2011 Noon
Back)
II-Year,
IV Sem 9 to
Friday, June M-405 Financial
MBA (Main 12 MBA 3
03, 2011 (Minor) Derivatives
& Noon
Back)
II-Year,
IV Sem 9 to Banking
Friday, June M-406
MBA (Main 12 MBA Services 3
03, 2011 (Minor)
& Noon Operation
Back)
II-Year,
Consumer
IV Sem 9 to
Friday, June M-407 Behavior &
MBA (Main 12 MBA 3
03, 2011 (Minor) Market
& Noon
Research
Back)
II-Year,
IV Sem 9 to
Friday, June M-408 Marketing of
MBA (Main 12 MBA 3
03, 2011 (Minor) Services
& Noon
Back)
II-Year,
IV Sem 9 to
Friday, June M-409 Employement
MBA (Main 12 MBA 3
03, 2011 (Minor) Laws
& Noon
Back)
II-Year,
IV Sem 9 to
Friday, June M-411 Logistics
MBA (Main 12 MBA 3
03, 2011 (Minor) Management
& Noon
Back)
II-Year,
IV Sem 9 to
Friday, June M-412 Supply Chain
MBA (Main 12 MBA 3
03, 2011 (Minor) Management
& Noon
Back)
II-Year,
IV Sem 9 to
Friday, June M-415 Management
MBA (Main 12 MBA 3
03, 2011 (Minor) Support System
& Noon
Back)
II-Year,
IV Sem 9 to
Friday, June M-416
MBA (Main 12 MBA E-Business 3
03, 2011 (Minor)
& Noon
Back)
II-Year,
IV Sem 9 to
Friday, June M-419 Hotel
MBA (Main 12 MBA 3
03, 2011 (Minor) Management
& Noon
Back)
II-Year, Tuesday, 9 to
M-401 (O) Business Ethics
MBA IV Sem June 07, 12 MBA 3
(Compulsory) and Ethos
(Back) 2011 Noon
Home
Mission
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Manufacturing Process
Industry Overview
The domestic lead storage battery industry is estimated at around Rs. 70 billion and
comprises two main segments: Automotive and Industrial batteries. Storage batteries
are basically used as a secondary source of power in vehicles and industrial
applications. Automotive batteries account for 60% of the total market while industrial
batteries contribute the rest. The unorganized sector in overall terms has a market
share of 40% out of Rs 70 billion market.
The Automobile industry can be subdivided into the OEM and Retail or Replacement
markets. The Industrial batteries market can be broken up into the infrastructure
market (railways, telecom and power), submarine batteries and fast-moving industrial
batteries (UPS and inverters)
Business Overview
The Company manufactures the widest range of storage batteries in the world from 2.5
Ah to 15000 Ah capacity, covering the broadest spectrum of applications. The
Company has eight factories located across the country – 3 in Maharashtra, 2 in West
Bengal, 2 in Tamil Nadu and 1 in Haryana. The Company powers most of the industrial
and automotive segments in the
country and its products are used in the applications in infrastructure and defense
sectors.
The Company’s predecessor began its operations in 1916 as an import house called
Chloride Electrical Storage Company before its incorporation as a Limited Company in
1947 registered under The Companies Act, 1913. The Company has since grown to
become one of the largest manufacturer and exporter of batteries in the sub-continent
today. The Company was rechristened as Exide Industries Limited in 1995. The
Company has grown steadily, modernized Its manufacturing processes and took
initiatives on the service front. Constant innovations have helped the Company to
produce the range of industrial batteries with various technology configurations.
Automotive Batteries
In the domestic market, the Company sell its products under EXIDE, SF, SONIC and
Standard Furukawa Brands. In the international market the products are sold mainly
under DYNEX, INDEX & SONIC brands. The Company supply batteries to almost all
the car and two-wheeler manufacturers in the country. The Company has a distribution
network comprising over 4000 dealer outlets. These outlets are supported by 4
regional offices and 28 branch offices. The Company also export batteries to the
Middle East, Japan and CIS countries.
Replacement Market
In the replacement segment, a large part is dominated by the smaller unorganized
players especially in the commercial vehicles and tractor market. The Company has
73% share of the replacement retail market. The Company’s “Operation Kissan” has
helped to move a large part of the unorganized tractor replacement market into the
organized space.
Industrial Batteries
In domestic market, the Company sell its products mainly under EXIDE, INDEX, SF,
CEIL & POWER SAFE brands and in the international markets mainly under CEIL,
CHLORIDE and INDEX brands. Industrial batteries are of three types, Conventional
lead acid batteries, VRLA (Valve Regulated Lead Acid batteries) batteries and Nickel-
Cadmium batteries. Both organized and unorganized players compete in the OEM and
retail industrial battery markets. Industrial batteries cater mostly to the infrastructure
sector such as railways, telecom, power plants, solar
cells and other industrial segments such as uninterrupted power supply, inverters and
traction batteries. Exide’s Inva tubular batteries for Inverter applications and Tele
tubular for Telecom Sector introduced in the year 2000 has created volume growth.
The Company also manufacture industrial batteries for niche segments such as miners’
cap lamp batteries and submarine batteries.
Submarine Batteries
The Company also manufactures high-end submarine batteries (Type 1, 2 & 3). The
Company manufactures two to three submarine batteries a year to meet the country’s
defence requirements. With the government’s permission, in recent years the
Company has exported to Algeria.
Technology/Technical Support
The Company has a Technical collaboration with Shin-Kobe Electric Machinery
Company Limited, Japan (part of Hitachi Group) for automotive batteries and also for
valve regulated lead acid storage batteries. The Company also has a technical
collaboration with The Furukawa Battery Company Limited, Japan for automotive
batteries. In addition, the Company has a stand alone Research and Development
Centre recognized by the Department of Science and Technology, Government of
India, which is carrying out research on various facets of lead acid technology including
development of new products in various applications, primarily to make the product
range internationally competitive. In addition, R&D is also engaged in projects
embracing process technology, aimed at improving the product quality, consistency,
production efficiency and material utilization.
Product Quality and After Sales Service are the key factors for retaining the existing
market share and customer base. In addition, new products underpinned by innovation
and continuous technology upgradation are equally important for not only market share
retention but also to secure profitable growth in niche market segments. To ensure the
concerted focus in the above mentioned key success factors, the Research and
Development Division of the Company have been recently reorganized to have three
distinct and separate departments as under :-
1. Process Control and Quality Assurance
2. Performance Improvement of existing products and Product Development with New
Designs and New Products
3. Innovation and Technology Up gradation.
Above departments are having distinct roles and the functional accountability with
clearly identified resource allocation.
THE ISSUE
Equity Shares proposed to be issued by the Company 5,00,00,000 Rights Entitlement
One Equity Share for every Fifteen Equity Shares held on the Record Date Record
Date 17th December, 2007 Issue Price per Equity Share Rs 30 per Equity Share.
Equity Shares outstanding prior to the Issue 75,00,00,000 Equity Shares of Re 1/- each
Equity Shares outstanding after the Rights Issue of Equity Shares 80,00,00,000 Equity
Shares of Re 1/- each Terms of the Issue For more information see ‘Issue Related
Information on page 247 of this Letter of Offer.
Terms of Payment
Due Date Amount
On Rights Issue application Entire Issue Price i.e., an amount of Rs 30/- per equity
share including the share premium is to be paid at the time of application Objects of the
Issue For further details on the Objects of the Issue, please refer to page no. 25 of the
Letter of Offer.