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  Regd. Office: C-1/203, Yamuna Vihar,     Delhi – 110 0053

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About US

We are group of well experienced transporters and have the ability to run CNG Buses with GPS systems (Public Transport with GPS system) as per the guidelines of STA. We had formed Limited Co-operative Society for this purpose and have the authorized capital of Rs. 50 crores. Presently the membership of the society is open for members. The value of the share is Rs. 100/- at par. Minimum 100 shares to be applied with one time entrance fee is Rs. 100/-.

Our Mission

We wish to provide the commuters the best timely Bus service with GPS system. To serve the nation it is must to unite as no one is able to achieve the goal of life without the help of others. The co-operative society is the best way to deal with the situation. In co-operative society members having limited liabilities with full control. The Profit earned by society is distributed to members after providing various provisions. Annual General Meeting called every year and the final position is discussed with members. The executive body of the society is directly responsible to achieve the targets. As you are aware interest on fixed deposits are going down every year and presently 5% interest per year is provided on fixed deposit receipt (FDR's) with banks.  We are giving 9% interest per year guaranteed and the deposit of members are secured. Special schemes are available for Senior Citizens, Junior Citizens, House-wives and other section of the society.  

Company Profile

Promoters of the society are well experienced in Public Transport Business and taking full interest to earn the maximum for the members of the co-operative society. The cash flow is good as the earnings are based on daily basis and there is no credit. so, no chance for any bad debts. As all buses are purchased on cash basis, there is no installment to be given to financial institutions. The great saving of interest. Hence a good dividend is guaranteed to the members of the cooperative society.

Message from Chief Promoter

From the Desk of Chief Promoter Mr. Jagdish Ahuja

Dear Share Holders, It gives me a great opportunity to just put some facts & figure of our Dream Venture in public transport business. As all of you know the importance of Environment, the air we and our children breath day to day, are not as clean as it should be. The main reason behind it is the cost we have to pay being developed. Daily tons of harmful gases are adding in atmosphere and making it unhealthier. To save us from various effects of harmful gases, the Government of India had decided to keep the level of pollution in control. Transport sector is the main contributor in pollution level, hence it had been decided to phase out old polluted commercial vehicles from Delhi Roads and replace them with environment friendly green fuel CNG commercial vehicles. The Government had tried best and replaced all commercial vehicles with CNG fuel vehicles. Due to new technology and huge investment in installing CNG Filling Station it takes some time to settle and stream lined. Now CNG fuel is available freely and there is no shortage in future too. The Delhi Government had issued State Transport permit to various commercial vehicles i.e. CNG operated Buses previously and mostly are with small transporters having two or three buses maximum with them and are creating unnecessary competition with others small transporters. Due to that major accident are happening on roads of Delhi and life of people are always on risk. Now, the Government of Delhi had decided to issue permit to major players in Public Transport Business and asked for applications in this regard by private limited, cooperative limited and limited companies having 50 or more public transport buses with them to run on a single route. To avail this golden chance we had decided to apply for same. Hence, we formulated the enclosed scheme for our share holders to reap the maximum with safety. I hope all of you apply with great enthusiasm and make this venture a big success.

Message from General Manager(Finance)

From the desk of General Manager (Finance) Dear Share Holders, Now a day interest rates are falling day by day in banking sector and investment in Fixed deposit are on low interest of 5 or 6%. Recently RBI announces to reduce the same again by 1%. To save our share holders we formulated the scheme as under, where investment and return are guaranteed and the job is available. SCHEME SPECIALY FORMULATED FOR PRIVATE PLACEMENT ONLY 1. Minimum number of share applied : 100 shares 2. Cost of each share : Rupees 100.00 only 3. Minimum investment : Rupees 10,000.00 only 4. Dividend @ 9% guaranteed for 3 yrs. 5. Assured Repurchase after 3 yrs @ Rs. 100.00 per share.( Investment secured) 6. Put option available every year. 7. One job to share holder family if share holder has more than 600 shares. 8. Executive jobs are available for share holder has more than 3000 shares. NOTE: For job the candidate must fulfill the requirements and have necessary qualifications as required for the post applied for. For Executive jobs the applicants must be fit to perform the duties. The Provident Fund/ESI facilities are available for employees. For Senior Citizen special incentives are available. Their Income-Tax Returns will be submitted by the Society free of cost. House-Tax, Electricity & Water Bills will be deposited on payment of nominal fee. Old age Happy Home is available with medical facilities, Kitchen and Legal advice on nominal fee. For Female members special medical / legal advice is available free of cost. Periodically full checkup by Lady Doctor. Crutch & educational facilities will be provided soon to toddlers.

Contact Information

You can contact the promoters and become the member of society. Please Contact  - Mr. Jagdish Ahuja - mobile 56-000-484.

Telephone
2-291-3690
FAX
91-11-2-291-3690
Postal address
Regd. Office: C-1/203, Yamuna Vihar, Delhi - 110 053

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Copyright © 2003 South East Cooperative Transport Society Limited
Last modified: 05/13/03
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