The Company was duly incorporated on 5th February 1985 under Companies Act 1956 at New Delhi and is categorized as Company Limited by shares and a Non-Government Company. The Company was incorporated with an authorized capital of Rs. 25, 00,000 consisting of 2, 50,000 equity shares of Rs. 10/- each and Paid up capital of Rs. 70 consisting of 7 equity shares of Rs. 10/-each. All the equity shares were allotted to the subscribers. The certificate pursuant to Section 149(2A) of the Companies Act, 1956 for commencement of business by the Company was given on 15th February 1985. The shares of the company were also listed at previously recognized Delhi Stock Exchange. Presently company has Authorized capital of Rs. 30,000,000/- consisting of 30,00,000 equity shares of Rs. 10/- each and paid up capital of Rs. 30,000,000/- consisting of 30,00,000 equity shares of Rs. 10/- each. The company is engaged in the trading of Footwear and leather accessories and other income is also generated from bus hire charges, rental income and interest income.