Neo Valves

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Neo Valve Company Ltd. Hubli

Ind"#

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(l.No /arti#ular /a%e No4 Industrial /rofile 5


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IND$STR% &RO'ILE(

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S")tor D"tails (

Neo Valves Industry &hi#h produ#es various types valves reGuired by

national, international markets. Company is lo#ated in south India, karnatak

at Hubli &hi#h is in north !arnataka$s industrial Hubli.

)he Hubli #ity is kno&n for valves industry from this #ity valves are

manufa#tured and supplied to national market like 'N;C, elian#e E

/etroleum, M /L, Cairn India, B/CL, H/CL, E all steel industry like )ata

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steel, indal steel, Mitt (teel, Bhadravati (teel /lant, and also to su%ar

industry in #ountry and he is ho& #are industry also supplied to rab

#ountries and &orld&ide petrol produ#in% #ountries so on and so far et# .

Gro*t! Rat"(

In Hubli


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survey #ondu#ted by e#onomists has revealed that Hubli has a #limate

&hi#h is #ondu#tive to %ro&th of industriesK this has led to it re%isterin% an

industrial %ro&th rate of 4? per#ent.

E#isting Co+p"tition(

)here are many valves #ompanies are there in Hubli. Dhi#h manufa#ture

the valves.

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)he follo&in% are the Valves Manufa#turin% Company0

4. Mi#ro Finish Valves /vt. Ltd.

5. M.!.) Valves /vt. Ltd.

6. )e#h Flo& Valves 8India9 /vt. Ltd.

?. Ha&a Valves India /vt. Ltd.

=. (ai Valves Industry.

>. 7esbee Valves /vt. Ltd.

1. )e#hno Me#h Valves /vt. Ltd

. )e#h Flo& Valves.A. Vee )e#h Valves /vt. Ltd.

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,ISTOR% O' T,E COM&AN%(

,istory o t!" 'ound"r(

(ri /rakashdev Hiremath after #arryout of #olle%e thou%ht of startin% his

o&n industry &ith intension to provide employment to people and alsodevelop self and nation ;.*./ %ro&th. He thou%ht E studied the market of

various reGuirements, he felt that valves industry it has appli#ations in any

more field.

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Neo valves are /roprietorship Company started &ith youn% dynami# sri

/. .H. B". Me#h. "n%ineer. )he a%e of 56 years after his #ompletion of

%raduation under%one trainin% in various valves industry for one year and

started his o&n industry in the year 533?.

&ork initially he started the proprietorship #ompany of neo valves %radually

after t&o years he has floated ne& #ompany named vatar Industry in

partnership &ay they are #aterin% the anto #omponent &orks and valves

industry, also no& they have started &ith m.o.u for e:port oriented unit to

be stared in bi% &ay &hi#h in their pipeline at neo valves unit5 and &ithre%istered marketin% offi#e at hubli and shortly openin% the bran#hes at

/une, Bombay, Ban%alore and Baroda, (audi rabia and Malaysia.

Dhere in &hi#h the first #ompany of sri /rakashdev Hiremath re%ular

no&

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,istory o Co+pany(

Neo valves industry is established in year 533=. s a small s#ale industry to

desi%n manufa#turin% and supply of industrial valves and valve #omponents

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they &ere supplyin% valves parts to M2s Gua, M2s Ha&a valves, out of the

above or%ani@ation M2( re#o%ni@ed as best suppler M2s neo valves throu%h

their ratin% system and en#oura%ed as its asso#iate #ompanies and started

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(uffi#ient measurin% eGuipments are available, ma#hines and eGuipments

#an be planned a##ordin% to #ustomer reGuirements.

Its bankers are (.B.I and supported the unit and have lot of #onfiden#e in

the unit. +nit is observin% all finan#ial dis#ipline it has fulfilled all statutory

reGuirement.

Its a##essibility to airport, bus stand and rail&ay station is very easy and

&ithin > to 4.= kms. /eriphery it has &ell established system to run a

ma#hine shop &ith %ood sets of instruments. It has been al&ays rate above

A J for its Guality and delivery.

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COM&AN% &RO'ILE

Co+pany Na+"( N"o -al "s

S"r i)" To*ards /"tt"r 'utur"

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&ro il"(

-Neo Valves Believes in brin%in% to you a &ide ran%e of industrial valves to

suit your spe#ifi# &orkin% #onditions. )hese valves are manufa#tured &ith

the stron% in house desi%n fa#ility on &ell. "Guipped esear#h and

development fa#ilities &ith Guality ra& materials %ood Guality foundry

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support for ra& materials havin% skilled &orkmanship under strai%ht Guality

pro#ess .

N"o -al "s is an I.S.O 0112(3114 C"rti i"d Co+pany.

W!y N"o5-al "s6

"ner%eti#, *ynami#, Customer 'riented, Clear vision operational poli#y,

profit sharin% Guality assuran#e satisfy #ustomer needs, e#onomi# durable

and safe our o&n brand Neo Guality assuran#e is fully implemented, every

valve is fully inspe#ted and simple the #astin%s by /.I testy freGuently.

"very valve is ta%%ed &ith a name plate &hi#h #an be used for tra#kin% the

ma#hinin%, assembly and pressure, test re#ords, every lot of shipment is

a##ompanied &ith mill #ertifi#ates and pressure. )est report to the end

users. dditional follo& up &ork like mentainena#e &ill be provided afterthe sales of the produ#t.

De spe#iali@e on desi%nin% neo valves to suit the #lient needs and

e:pe#tation. De also have the spe#ialists to do the maintenan#e &ork.

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De are the Gualified #ompany for supplyin% valves to BMMI(/ ), (teel

plant, (u%ar industry and Heat e:#han%ers et# .

7uality &oli)i"s (

-De at neo valves are #ommitted to desi%n manufa#ture and supply the

industrial valve. De a#hieve this by involvin% the people of various %roups

in the neo valves to deliver Guality valves and up%rade our te#hnolo%y buymaintainin% effe#tive Guality mana%ement system throu%h #ontinual

improvement .

T"sting a)ility(

-)he neo valves Guality #ontrol laboratory is eGuipped &ith testin% fa#ility

for desi%n Gualifi#ation and routine tests reGuired by national 2 international

standards for testin% of valves .

Co+pany Analysis(

-ision (

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Believes in brin%in% a &ide ran%e of industrial valves to

spe#ifi# &orkin% #onditions.

Mission (

)he valves are manufa#tured &ith the stron% desi%n ba#k%round out of

Guality ram materials and skilled &orkmanships under strin%ent Guality

#ontrol pro#ess

Goals and O89")ti " (

4. )o a#hieve #ustomer satisfa#tion to the hi%hest level

5. )o impart ne#essary trainin%s to employees to perform their

tasks effe#tively and build team #ulture.

6. )o introdu#e improved methods in pro#ess, to redu#e non

#onformities.

?. )o maintain #lean, safe and hy%ieni# environment throu%h team

&ork.

&ro+ot"r o t!" Co+pany( /roprietorship /rakashdev

Hiremath.

S!ar" !olding patt"rn( Fully '&nership.

Organizational stru)tur": !i"rar)!y;s(

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*ra&in% )e#hni#al (ales )a: In#ome )a:

E (upervisor

*esi%n

Nu+8"r o "+ploy""s *or


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Classi i)ation o "+ploy""s( 5 I.).I, *iploma holders, B."

;raduates.

Siz" o Land = /uilding( 5 ==33sG.ft Built up area.

/ran)!"s:plants( . e&ard0 to %ive the hi%h in#entives, %ive the bonus every year.

1. /unishment0 hair E fair, pink letter.

. "mpo&erment0 it does not apply to the #ompany.

'inan)" D"part+"nt(5

4. Finan#in% resour#es of the or%ani@ation0< the finan#in%

resour#es of the or%ani@ation is o&n resour#es.

5. "Guity #ontribution0< the eGuity #ontribution in neo valves

industry is self.

6. )otal borro&in%0 < the total borro&in% is from the (BI Bank

1lakhs for ma#hinery.

?. Net fi:ed assets0< =3,33,333.=. Current assets0< =3,33,333.

>. Current liabilities0< the #urrent liabilities are taken throu%h

the bank loans.

1. Information re%ardin% imports E overheads0 < the e:port

li#ense has been avoided e:ports under pipeline.

. Net sales0 < 533A


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43.Inventory mana%ement system0 < it is follo&ed by the staff

members.

44. uality #ontrol0 < I(' A334


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)he marketin% offi#e is #lassified into t&o types namely.

4. Indian Market0 < Hubli, /une, Ban%alore, Bombay.

5. Malaysia Market0 < !ualalampur, Malaysia.

)he Neo valves industry is one of the manufa#turin% industries. Here

manufa#turin% the valves. )he valves are manufa#tured &ith the stron%

desi%n ba#k%round out of Guality ra& materials and skilled &orkman under

strin%ent Guality #ontrol pro#ess.

WORKING INTROD$CTION O' T,E COM&AN%(5

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Wor< Instru)tion(

ssembly &ork instru#tion of valves.

4. Colle#t the reGuired material.5. !eep the area E parts #lean.

6. pply the rust preventive oil 543v appli#able area.

Fi: the stub to the body and ti%ht it.

4. Insert the seat to the body in seat area.

5. Insert the stem &asher to the stem.

6. Insert the stem in body and stem area then insert the stem

&asher to stem and #he#k the vo#ations.

?. Insert the ball in stem slot and #he#k the rotations.

=. Insert the body seat in body seat area.

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>. Insert the seat in tail pie#e.

1. Insert the tail pie#es in body and ti%ht the nuts.

. Insert the %land flan%es to the stem and ti%ht it.

A. Hand over the valve to the testin% &ith all info.

Wor< instru)tion (

Ma)!in" Na+"( Drilling Ma)!in".

4. Che#k the drillin% ma#hine and surroundin% areas.

5. Che#k the lubri#ants of the ma#hine.

6. Che#k the drillin% fi:ture heather the holes are #orre#t or not.

?. Che#k the job &hether it is #orre#tly settin% in the drillin% fi:ture.

=. Che#k the drive of the ma#hine.

>. Che#k the drillin% holder &orkin% in %ood #ondition.

1. Che#k the drillin% spindle &hether it is &orkin% &ithout vibration

or not.

. Che#k the drillin% bit in the relevant time.

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A. If the drillin% bit is %ettin% over heat just dip the #ool hand and

#ontinue the &ork.

43. fter #ompetition of all &ork on#e a%ain #lean the ma#hine.

44. l&ays %ive uniform feed &hile drillin% the job.

45. fter #leanin% the ma#hine put ti#k mark and si%nature in the

ma#hine m maintenan#e #he#k the list.

46.Colle#t the ne#essary tools ji%s and fi:ture reGuired for the

parti#ular job.

Wor< instru)tion (

Ma)!in" na+"( Lat!"

4. !eep the ma#hine #lean and #arry out preventive

maintaina#e as per the #he#k list.

5. Colle#t the approved materials from the supervisor.

6. Colle#t the instruments and dra&in%s.

?. Che#k the #entre of the lathe ma#hine.

=. Che#k the &ork pie#e is fully ti%htened before

runnin% the ma#hine.

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>. "nsure /M as per the sta%e dra&in%s and in

pro#ess Guality plan before startin% the produ#tion.

1. (tart the produ#tion as per the sta%e dra&in%.

. ;et the first part approval from the inspe#tor.

A. Continue the produ#tion as per sta%e dra&in%.

43. Clean the ma#hine after finishin% the produ#tion.

44. ;et the last pie#e approval from the inspe#tor.

45. fter #leanin% the ma#hine put ti#k and si%nature in

the ma#hine maintaina#e #he#k list.

Di "r"nt Typ"s o -al "s (5

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2 . 'ORGED /ALL -AL-E(5

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4. )he material used in this type of valve is 43=.

5. )he si@e of the valve starts from O in#h, 4 in#h, 5 in#h et# .

6. )his type of valves used insolvent e:tra#tion, 'il refinery plants.

?. )he si@e of the valve is identifyin% based on the flo& bore.

=. Capa#ity of this valve is depends upon the #lasses.

3 .ANGLE GLO/E -AL-E(5

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4. )he material used in this type of valve is DCV, ((63? and

((63>.

5. )he si@e of the valve starts from 53mm, O in#h, 4in#h,

5in#h, et# .

6. )his type of valves used in fertili@er, petrol #hemi#al

industries.


=. Customer made valves #an be desi%ned and supplied as per

#ustomer spe#ifi#ation.

>. Capa#ity is 63k% seat, 53k% #ell.

> ./$TTER'L% -AL-E ( 5

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4. )he material used in this type of valve is DCM, ((63? et#.

5. )he si@e of the valves starts from 4in#h, 5in#h, =3mm et#..

6. )his type of valves used in po&er, &ater treatment plants et#..


=. Capa#ity of this valve is depends upon the #lasses.

>. Custom made valves #an be desi%ned and supplied as per


. /ALL -AL-E( 5

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4. )he material used in this type of valve is ((64>, ((63?,

DCM, C () I 'N et#.

5. )he si@e of the valves used starts from 4=mm, 4in#h, 5in#h

et#

6. )his type of valves used in pharma#euti#al and allied

industries, paper mills et#


=. )he #apa#ity of this valve is 53k% seat and 63k% #ell.


#ustomer spe#ifi#ation

@ .GLO/E -AL-E(5

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4. )he material used in this type of valve is Cast iron ((63>,

((64> et#

5. )he si@e of the valve starts from 53mm, O in#h, ?3mm,

4in#h, et#

6. )his type of valves used in (u%ar Fa#tories, Bre&eries et#..

?. )he si@e of the valve identifyin% based on the flo& bore.

=. Capa#ity of this valve is ( 4=3 63k% seat E 53k% #ell.



. NEEDLE -AL-E(5

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4. )he material used in this type of valve is DCV, ((63>, ((64?

et#

5. )he si@e of the valve starts from O in#h, 4in#h et#

6. )his type of valves used in thermal fluid user, fuel oils et#


=. Capa#ity of this valve is based on their #lasses like 33 #lasses,

>33 #lasses.



4 .SL$ICE GATE -AL-E(5

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4. )he material is used in this type of valve is DCV, ((63>,

((64> et#

5. )he si@e of the valve starts from 425in#h, 4in#h, 5in#h and up

to 533mm.

6. )his type of valve is identifyin% based on the flo& bore.

?. )his type of valves used in all normal liGuids and %ases steam

et#

=. Capa#ity of this valve depends upon the #lasses.



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0 .'ORGED GATE -AL-E(5

4. )he material is used in this type of valve is 43=.

5. )he si@e of the valve starts from 425in#h, 4in#h, 4=mm et#

6. )his type of valves used in #ompressed ir, Va#uum et#

?. )his type of valve is identifyin% based on the flo& bore.

=. Capa#ity of this valve is 63k% seat E 53 k% #ell.>. Custom made valves #an be desi%ned and supplied as per


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21 .C,LORINE GLO/E -AL-E(5

4. )he material is used in this type of valve is DCV, ((63>,

((64? et#

5. )he si@e of the valve starts from 425in#h, 4in#h, 53mm et#

6. )his type of valves used in ;eneral purpose, (ea &ater et#

?. )his type of valve is identifyin% based on the flo& bore.=. Capa#ity of this valve is 63k% seat E 53 k% #ell.



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22 .TWO WA% /ALL -AL-E(5

4. )he material used in this type of valve is ((64>, DCV, C ()

I 'N et#

5. )he si@e of the valves starts from 4in#h, 5in#h, 53mm et#

6. )his type of valves used in Brine, (u%ar Industries et#

?. )he si@e of the valve is identifyin% based on the ( 4=3

#lasses flo& bore.=. )he #apa#ity of this valve is 53k% seat E 63k% #ell.



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/alan)" S!""t and &ro it = Loss A))ount o t!" Co+pany (

&ro it and Loss A:C

2April 53114 to Mar)! 3110

&arti)ular A+ount &arti)ular A+ount

Op"ning Sto)< Sal"s A:C

(to#k Material (ales P ?J

33 @F1.11

Dork in pro%ress 3 [email protected]

Gross &ro it C:O 23 @12.30 > .@1

Indir")t E#p"ns"s

Bank #omm. >,?6=.33 Gross pro it 8:

45,=34.5A

Books 5??.33

C2 4,3>4.33 Indir")t in)o+"s

Con ":p ?,641.33 ob &ork #har%es re#eived

2 F1 [email protected]

Interest on ) L 5=,636.33

Labor #har%e 1,?>?.33

Mis#ellaneous ":p >6,53=.= 2 14 F32. 2

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Total 2 3 [email protected] Total

2 3 [email protected]

/alan)" S!""t

25April 3114 to >25Mar)! 3110

Lia8iliti"s A+ount Ass"ts A+ount

Capital A:C 'i#"d Ass"ts

/rakashdev Hiremath A,=1, 1>.14 Buildin%

1,> ,133.33

Loans Hlia8iliti"s "le#tr#iation 6 ,44=.33

(e#ured loans 5=,333.33 Furniture 4 ,==3.33

+nse#ured loans 4, 6,=33.33 H/ /rinter

1,=33.33

(BI )erm loan ?,>>,6>6.33 Land

5,?=,>33.33

Ma#hinery

?,6 ,=1=.33Curr"nt Lia8iliti"s "Guipments

?=,4A3.33

*uties E ta:es 8,44?.?3

&ro it = loss A:C #ash in hand 4>,A>=.5?

'penin% balan#e bank a##ounts =>,?=A.33

Current period 4,3 ,>54.14 ) * ( 4,?A .33

Less0 transferred 4,3 ,>54.14

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Op"ning sto) .33

6=,3 . 4

5,5A>. 1

=, 11.34

46,1>=.33

6>,333.33

561=.64

2 4 @4.@1

514.33

113.33

5,?66.33

A13.33

=?,?1>.33

6?,3>4.33

?>,A63.334, 3,3?3.33

Sal"s A:C

Material salesP ?J

Closing sto)25Mar)! 3121

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the #ompany tries to redu#e #ost of produ#tion, fo#uses on #ontrollin%

pollution and providin% se#urity to its &orker so that there is in#rease

manpo&er produ#tivity.

ll to%ether it &as a %ood learnin% e:perien#e as &e #ould see the

theory &hi#h &e study in #lass is bein% put for pra#ti#al use. )he first

fe& days &ere not %ood as &e had to adjust to their &orkin%

#onditions. 'n#e &e be#ame familiar there &as a lot of #o operation

for them. I have studies the various departments as mentioned in the

#ir#ular. (ome information #ould not be %iven by them as it &as#lassified. 'n the &hole it &as a %ood e:perien#e.

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ANNE $RE(

2. /i8liograp!y (

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&&&.%oo%le.#om

&&&.neovalves.#o.in

&&&.neovalves.bi@

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http://www.google.com/http://www.neovalves.co.in/http://www.neovalves.biz/http://www.google.com/http://www.neovalves.co.in/http://www.neovalves.biz/


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3. R" "r"n)"s (

/rin#ipal of Mana%ement !.* Basava.

>. 'indings (

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Net profit is de#reasin% that means there is to make

improvements in #reditor$s mana%ement.

Company should not rely on lon% term debts.

Company should try to in#rease volume based so as to stand

in the #ompetition.

Company should stret#h the #redit period %iven by the

suppliers.

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@. Glossary (

Ne%li%ible0 it means #onsiderin% or &orryin%.

LiGuidity0 it is the amount of #ash.

)urnover0 it is a period of time.

Lubri#ants0 thin%s happen &ithout any problems.

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