52w high/low | ₹4.2 / ₹0 |
P/E ratio | 0 |
Dividend | 0 |
ROE | 1.4 |
ROCE | 1.4 |
Face value | 10 |
Book value | ₹-32.3Cr |
Market capital | ₹2.02Cr |
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
VESPA CAR CO LTD OBJECTS & ACTIVITIES Manufacturing of all classes of automobiles including two-wheelers and three- wheelers. PROMOTION The Company was jointly promoted by Lohia Machines Ltd. (LML) and Piaggio of Italy. Piaggio and LML agreed to participate in the equity capital of the Company to the extent of 28% and 32% respectively. TECHNICAL COLLABORATION The Company entered into the following technical collaboration agreements: (i) LML gave sub-license to the Company with the consent of Piaggio Italy under which the Company have the same rights in regards to manufacture, technical information assembly, sale and marketing of the two-wheelers (Vespa Scooters) which LML has vis-a-vis Piaggio. Under this agreement, the Company agreed to pay (a) to LML Rs. 7. 5 lakhs in lump sum , in two equal instalments and (b) to Piaggio royalty at the rate of 3% subject to taxes on the two- wheelers manufactured by the Company upto 3rd November, 1990, (ii) Piaggio agreed to transfer technical know-how to the Company for the manufacture of Three-wheelers, on payment of royalty at the rate of 3% subject to taxes for seven years during the period of agreement.