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8/13/2019 Neo Valves
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Neo Valve Company Ltd. Hubli
Ind"#
!L"$( CB 6
(l.No /arti#ular /a%e No4 Industrial /rofile 5
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Neo Valve Company Ltd. Hubli
IND$STR% &RO'ILE(
!L"$( CB ?
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Neo Valve Company Ltd. Hubli
S")tor D"tails (
Neo Valves Industry &hi#h produ#es various types valves reGuired by
national, international markets. Company is lo#ated in south India, karnatak
at Hubli &hi#h is in north !arnataka$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
!L"$( CB =
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Neo Valve Company Ltd. Hubli
steel, indal steel, Mitt (teel, Bhadravati (teel /lant, and also to su%ar
industry in #ountry and he is ho& #are industry also supplied to rab
#ountries and &orld&ide petrol produ#in% #ountries so on and so far et# .
Gro*t! Rat"(
In Hubli
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Neo Valve Company Ltd. Hubli
survey #ondu#ted by e#onomists has revealed that Hubli has a #limate
&hi#h is #ondu#tive to %ro&th of industriesK this has led to it re%isterin% an
industrial %ro&th rate of 4? per#ent.
E#isting Co+p"tition(
)here are many valves #ompanies are there in Hubli. Dhi#h manufa#ture
the valves.
!L"$( CB 1
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Neo Valve Company Ltd. Hubli
)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.
!L"$( CB
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Neo Valve Company Ltd. Hubli
,ISTOR% O' T,E COM&AN%(
,istory o t!" 'ound"r(
(ri /rakashdev Hiremath after #arryout of #olle%e thou%ht of startin% his
o&n industry &ith intension to provide employment to people and alsodevelop self and nation ;.*./ %ro&th. He thou%ht E studied the market of
various reGuirements, he felt that valves industry it has appli#ations in any
more field.
!L"$( CB A
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Neo Valve Company Ltd. Hubli
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&
43
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Neo Valve Company Ltd. Hubli
,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
!L"$( CB 44
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Neo Valve Company Ltd. Hubli
they &ere supplyin% valves parts to M2s Gua, M2s Ha&a valves, out of the
above or%ani@ation M2( re#o%ni@ed as best suppler M2s neo valves throu%h
their ratin% system and en#oura%ed as its asso#iate #ompanies and started
full
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Neo Valve Company Ltd. Hubli
(uffi#ient measurin% eGuipments are available, ma#hines and eGuipments
#an be planned a##ordin% to #ustomer reGuirements.
Its bankers are (.B.I and supported the unit and have lot of #onfiden#e in
the unit. +nit is observin% all finan#ial dis#ipline it has fulfilled all statutory
reGuirement.
Its a##essibility to airport, bus stand and rail&ay station is very easy and
&ithin > to 4.= kms. /eriphery it has &ell established system to run a
ma#hine shop &ith %ood sets of instruments. It has been al&ays rate above
A J for its Guality and delivery.
!L"$( CB 46
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Neo Valve Company Ltd. Hubli
COM&AN% &RO'ILE
Co+pany Na+"( N"o -al "s
S"r i)" To*ards /"tt"r 'utur"
!L"$( CB 4?
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Neo Valve Company Ltd. Hubli
&ro il"(
-Neo Valves Believes in brin%in% to you a &ide ran%e of industrial valves to
suit your spe#ifi# &orkin% #onditions. )hese valves are manufa#tured &ith
the stron% in house desi%n fa#ility on &ell. "Guipped esear#h and
development fa#ilities &ith Guality ra& materials %ood Guality foundry
!L"$( CB 4=
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Neo Valve Company Ltd. Hubli
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.
!L"$( CB 4>
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Neo Valve Company Ltd. Hubli
De are the Gualified #ompany for supplyin% valves to BMMI(/ ), (teel
plant, (u%ar industry and Heat e:#han%ers et# .
7uality &oli)i"s (
-De at neo valves are #ommitted to desi%n manufa#ture and supply the
industrial valve. De a#hieve this by involvin% the people of various %roups
in the neo valves to deliver Guality valves and up%rade our te#hnolo%y buymaintainin% effe#tive Guality mana%ement system throu%h #ontinual
improvement .
T"sting a)ility(
-)he neo valves Guality #ontrol laboratory is eGuipped &ith testin% fa#ility
for desi%n Gualifi#ation and routine tests reGuired by national 2 international
standards for testin% of valves .
Co+pany Analysis(
-ision (
!L"$( CB 41
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Neo Valve Company Ltd. Hubli
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(
!L"$( CB 4
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Neo Valve Company Ltd. Hubli
*ra&in% )e#hni#al (ales )a: In#ome )a:
E (upervisor
*esi%n
Nu+8"r o "+ploy""s *or
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Neo Valve Company Ltd. Hubli
Classi i)ation o "+ploy""s( 5 I.).I, *iploma holders, B."
;raduates.
Siz" o Land = /uilding( 5 ==33sG.ft Built up area.
/ran)!"s:plants( . e&ard0 to %ive the hi%h in#entives, %ive the bonus every year.
1. /unishment0 hair E fair, pink letter.
. "mpo&erment0 it does not apply to the #ompany.
'inan)" D"part+"nt(5
4. Finan#in% resour#es of the or%ani@ation0< the finan#in%
resour#es of the or%ani@ation is o&n resour#es.
5. "Guity #ontribution0< the eGuity #ontribution in neo valves
industry is self.
6. )otal borro&in%0 < the total borro&in% is from the (BI Bank
1lakhs for ma#hinery.
?. Net fi:ed assets0< =3,33,333.=. Current assets0< =3,33,333.
>. Current liabilities0< the #urrent liabilities are taken throu%h
the bank loans.
1. Information re%ardin% imports E overheads0 < the e:port
li#ense has been avoided e:ports under pipeline.
. Net sales0 < 533A
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Neo Valve Company Ltd. Hubli
43.Inventory mana%ement system0 < it is follo&ed by the staff
members.
44. uality #ontrol0 < I(' A334
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Neo Valve Company Ltd. Hubli
)he marketin% offi#e is #lassified into t&o types namely.
4. Indian Market0 < Hubli, /une, Ban%alore, Bombay.
5. Malaysia Market0 < !ualalampur, Malaysia.
)he Neo valves industry is one of the manufa#turin% industries. Here
manufa#turin% the valves. )he valves are manufa#tured &ith the stron%
desi%n ba#k%round out of Guality ra& materials and skilled &orkman under
strin%ent Guality #ontrol pro#ess.
WORKING INTROD$CTION O' T,E COM&AN%(5
!L"$( CB ?4
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Wor< Instru)tion(
ssembly &ork instru#tion of valves.
4. Colle#t the reGuired material.5. !eep the area E parts #lean.
6. pply the rust preventive oil 543v appli#able area.
Fi: the stub to the body and ti%ht it.
4. Insert the seat to the body in seat area.
5. Insert the stem &asher to the stem.
6. Insert the stem in body and stem area then insert the stem
&asher to stem and #he#k the vo#ations.
?. Insert the ball in stem slot and #he#k the rotations.
=. Insert the body seat in body seat area.
!L"$( CB ?5
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Neo Valve Company Ltd. Hubli
>. 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.
!L"$( CB ?6
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Neo Valve Company Ltd. Hubli
A. If the drillin% bit is %ettin% over heat just dip the #ool hand and
#ontinue the &ork.
43. fter #ompetition of all &ork on#e a%ain #lean the ma#hine.
44. l&ays %ive uniform feed &hile drillin% the job.
45. fter #leanin% the ma#hine put ti#k mark and si%nature in the
ma#hine m maintenan#e #he#k the list.
46.Colle#t the ne#essary tools ji%s and fi:ture reGuired for the
parti#ular job.
Wor< instru)tion (
Ma)!in" na+"( Lat!"
4. !eep the ma#hine #lean and #arry out preventive
maintaina#e as per the #he#k list.
5. Colle#t the approved materials from the supervisor.
6. Colle#t the instruments and dra&in%s.
?. Che#k the #entre of the lathe ma#hine.
=. Che#k the &ork pie#e is fully ti%htened before
runnin% the ma#hine.
!L"$( CB ??
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Neo Valve Company Ltd. Hubli
>. "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
!L"$( CB ?=
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2 . 'ORGED /ALL -AL-E(5
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4. )he material used in this type of valve is 43=.
5. )he si@e of the valve starts from O in#h, 4 in#h, 5 in#h et# .
6. )his type of valves used insolvent e:tra#tion, 'il refinery plants.
?. )he si@e of the valve is identifyin% based on the flo& bore.
=. Capa#ity of this valve is depends upon the #lasses.
3 .ANGLE GLO/E -AL-E(5
!L"$( CB ?1
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Neo Valve Company Ltd. Hubli
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.
?. )he si@e of the valve is identifyin% based on the flo& bore.
=. Customer made valves #an be desi%ned and supplied as per
#ustomer spe#ifi#ation.
>. Capa#ity is 63k% seat, 53k% #ell.
> ./$TTER'L% -AL-E ( 5
!L"$( CB ?
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Neo Valve Company Ltd. Hubli
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#..
?. )he si@e of the valve is identifyin% based on the flo& bore.
=. Capa#ity of this valve is depends upon the #lasses.
>. Custom made valves #an be desi%ned and supplied as per
#ustomer spe#ifi#ation.
. /ALL -AL-E( 5
!L"$( CB ?A
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Neo Valve Company Ltd. Hubli
4. )he material used in this type of valve is ((64>, ((63?,
DCM, C () I 'N et#.
5. )he si@e of the valves used starts from 4=mm, 4in#h, 5in#h
et#
6. )his type of valves used in pharma#euti#al and allied
industries, paper mills et#
?. )he si@e of the valve is identifyin% based on the flo& bore.
=. )he #apa#ity of this valve is 53k% seat and 63k% #ell.
>. Custom made valves #an be desi%ned and supplied as per
#ustomer spe#ifi#ation
@ .GLO/E -AL-E(5
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Neo Valve Company Ltd. Hubli
4. )he material used in this type of valve is Cast iron ((63>,
((64> et#
5. )he si@e of the valve starts from 53mm, O in#h, ?3mm,
4in#h, et#
6. )his type of valves used in (u%ar Fa#tories, Bre&eries et#..
?. )he si@e of the valve identifyin% based on the flo& bore.
=. Capa#ity of this valve is ( 4=3 63k% seat E 53k% #ell.
>. Custom made valves #an be desi%ned and supplied as per
#ustomer spe#ifi#ation.
. NEEDLE -AL-E(5
!L"$( CB =5
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Neo Valve Company Ltd. Hubli
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#
?. )he si@e of the valve is identifyin% based on the flo& bore.
=. Capa#ity of this valve is based on their #lasses like 33 #lasses,
>33 #lasses.
>. Custom made valves #an be desi%ned and supplied as per
#ustomer spe#ifi#ation.
4 .SL$ICE GATE -AL-E(5
!L"$( CB =6
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Neo Valve Company Ltd. Hubli
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.
>. Custom made valves #an be desi%ned and supplied as per
#ustomer spe#ifi#ation.
!L"$( CB =?
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Neo Valve Company Ltd. Hubli
0 .'ORGED GATE -AL-E(5
4. )he material is used in this type of valve is 43=.
5. )he si@e of the valve starts from 425in#h, 4in#h, 4=mm et#
6. )his type of valves used in #ompressed ir, Va#uum et#
?. )his type of valve is identifyin% based on the flo& bore.
=. Capa#ity of this valve is 63k% seat E 53 k% #ell.>. Custom made valves #an be desi%ned and supplied as per
#ustomer spe#ifi#ation.
!L"$( CB ==
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Neo Valve Company Ltd. Hubli
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.
>. Custom made valves #an be desi%ned and supplied as per
#ustomer spe#ifi#ation.
!L"$( CB =>
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Neo Valve Company Ltd. Hubli
22 .TWO WA% /ALL -AL-E(5
4. )he material used in this type of valve is ((64>, DCV, C ()
I 'N et#
5. )he si@e of the valves starts from 4in#h, 5in#h, 53mm et#
6. )his type of valves used in Brine, (u%ar Industries et#
?. )he si@e of the valve is identifyin% based on the ( 4=3
#lasses flo& bore.=. )he #apa#ity of this valve is 53k% seat E 63k% #ell.
>. Custom made valves #an be desi%ned and supplied as per
#ustomer spe#ifi#ation.
!L"$( CB =1
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Neo Valve Company Ltd. Hubli
!L"$( CB =A
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/alan)" S!""t and &ro it = Loss A))ount o t!" Co+pany (
&ro it and Loss A:C
2April 53114 to Mar)! 3110
&arti)ular A+ount &arti)ular A+ount
Op"ning Sto)< Sal"s A:C
(to#k Material (ales P ?J
33 @F1.11
Dork in pro%ress 3 [email protected]
Gross &ro it C:O 23 @12.30 > .@1
Indir")t E#p"ns"s
Bank #omm. >,?6=.33 Gross pro it 8:
45,=34.5A
Books 5??.33
C2 4,3>4.33 Indir")t in)o+"s
Con ":p ?,641.33 ob &ork #har%es re#eived
2 F1 [email protected]
Interest on ) L 5=,636.33
Labor #har%e 1,?>?.33
Mis#ellaneous ":p >6,53=.= 2 14 F32. 2
!L"$( CB >3
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Neo Valve Company Ltd. Hubli
Total 2 3 [email protected] Total
/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
!L"$( CB >4
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Neo Valve Company Ltd. Hubli
Op"ning sto) .33
6=,3 . 4
5,5A>. 1
=, 11.34
46,1>=.33
6>,333.33
561=.64
2 4 @4.@1
514.33
113.33
5,?66.33
A13.33
=?,?1>.33
6?,3>4.33
?>,A63.334, 3,3?3.33
Sal"s A:C
Material salesP ?J
Closing sto)25Mar)! 3121
!L"$( CB >6
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Neo Valve Company Ltd. Hubli
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 $RE(
2. /i8liograp!y (
!L"$( CB >1
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Neo Valve Company Ltd. Hubli
&&&.%oo%le.#om
&&&.neovalves.#o.in
&&&.neovalves.bi@
!L"$( CB >
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Neo Valve Company Ltd. Hubli
3. R" "r"n)"s (
/rin#ipal of Mana%ement !.* Basava.
>. 'indings (
!L"$( CB >A
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Neo Valve Company Ltd. Hubli
Net profit is de#reasin% that means there is to make
improvements in #reditor$s mana%ement.
Company should not rely on lon% term debts.
Company should try to in#rease volume based so as to stand
in the #ompetition.
Company should stret#h the #redit period %iven by the
suppliers.
!L"$( CB 14
8/13/2019 Neo Valves
72/72
Neo Valve Company Ltd. Hubli
@. 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.