TSL was incorporated on November 7 1990, as a private limited company by Mr Amul Gabrani and Ms Manju Sapra. The company did not conduct any business till 2001. Meanwhile, Mr Gabrani started a proprietary firm Tecpro Systems for the manufacture and supply of material handling equipment. In 2003, TSL took over the proprietary business from Mr Amul Gabrani and on April 01 2004, Mr Ajay Kumar Bishnoi joined the company. TSL was converted into a public limited company on July 10 2006.

The company is engaged in turnkey projects of material handling systems for mainly coal and limestone, used in power, cement, steel and other metallurgical plants. TSL has entered into technical tie-ups with global manufacturers to enhance its manufacturing footprint in the material handling components business. Over the last five years, the company has moved from being a material handling component supplier to a specialist in designing material handling equipments and supply.

For the year ended March 2007, TSL’s reported a net profit of Rs 204.4 million on a turnover of Rs 2,313.1 million. This is as compared to net profits of Rs 97.6 million and revenues of Rs 1032.5 million in 2005-06.

CRISIL Grading :

OGL is the largest mobile VAS provider in the Indian market. The company was promoted by two first generation entrepreneurs - Mr Arvind Rao, and Mr Chandramouli Janakiraman. The company was originally incorporated as Onscan Technologies India Pvt Ltd in September 2000 by its promoter OnMobile Systems Inc (OMSI). OMSI itself was an incubated start-up of Infosys Technologies Ltd, incorporated under the Delaware General Corporation Law in December 1999.

At the core of OGL’s offering to telecom operators is a platform named MMP 2500 - a combination of standard hardware and OGL software - which is technology and handset neutral. Leveraging on this platform, OGL provides a range of services such as ringtones, information, RBT, and m-commerce to telecom subscribers. Currently, the only way to develop applications on the MMP 2500 platform is proprietary with OGL. The company, over the next few months, proposes to throw open the platform to third parties for putting their own applications.

For the year ended March 2007, the company reported a net profit of Rs 337 million on a turnover of Rs 1,330 million. This is as compared to net profits of Rs 248 million and revenues of Rs 826 million in 2005-06.

Cumulative Bid Details

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