By Pallavii Pitale
Jaypee Capital recently had organized a 2 day management meet cum conference at the the splendid Radisson Resorts at Alibaug.
The Investors got a good , Informal opportunity to engage in an in-depth Question and answer session in a group and on a one-to-one basis as well. The companies attended the conference were, MMTC, Uflex Ltd and Omaxe Ltd.
The day 1 began with presentations by MMTC which is into Import, Export and Domestic trading. The company trades in pulses, coal and various other minerals and also has various plants for metal processing and fertilisers. It is also into holding exhibitions of jewellery in Mumbai, Goa, Ahmadabad and Chandigarh. The company is looking forward to expand into other commodities as well.
The second session was presented by UFlex Ltd, The company which is into Plastic Film and Flexible Packaging Business. The company is expanding its presence in countries like Mexico, Egypt and it already has presence in Dubai. This move would help the company counter the anti dumping duties levied on exports. Mexico is part of NAFTA and will provide access to North American Markets and Egypt will provide access to GCC, Southern Europe and Africa.
Post lunch, there were intellectual discussions and an exchange of some ideas from a veteran in the Cement Industry and then came in the Spectacular story of “Planet 41”, An Unlisted high Potential VAS player providing everyone a great perspective and detailed insight on the VAS industry.
The day 2 began with a presentation from the very senior expert from the steel Industry and post lunch, was a presentation by Omaxe Ltd., It is one of the real estate player most active in the northern India as well as in the other parts of the country. It started venturing into real estate development in 2001 and has developed 17 number of projects out of which 9 are Residential, 2 are Integrated Townships and 6 are Commercial Projects.The group has presence across 30 cities and 9 states in India and has land bank of 4500 acres representing 164 milion sq. ft. of saleable area. The Company has planned a Hi -City in Lucknow which will be spread across 2,700 acres. Currently 300 acres are in company’s possession while acquisition for others is in progress. Company plans to develop this project in 5-6 phases of 500 acres each with first phase expected to be started in next 3 – 6 months. The entire project is expected to be developed in next 10 – 12 years.
Jaypee Capital Services organised this event with an idea to put forth some good sectors and companies before the Investment managers from various domestic funds.