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TOPIC :- COMPANY INFORMATION
GUIDED BY :- MRS. DOLLY JUNGI
PREPARED BY :- SHIFAN MOHAMMAD IQBAL
SHIVANI
INSTITUTE :- DR. V. R. GODHANIYA B.ED
COLLAGE, PORBANDAR
SUBMITTED TO :- Bhakt Kavi Narsingh Mehta
University, Junagadh
Duration :- 2021-2022
ROLL NO.:-
Page 3
DECLARATION
I the undersign solemnly declare that the project report
BALAJI WAFERS PVT. LTD is based on my own work
carried out during the course of our study under the
supervision of Mrs. dollymam jungi. I assert the
statements made and conclusions drawn are outcome on
my research work. I further certify that.
Date :-
Place :- Porbandar Signature
Page 4
PREFACE
Every student of B.B.A has to undergo visit to any
industry and have to prepare report of the industry.
B.B.A is a course of business administration
abundance of theoretical knowledge acquired through
lecture but apart from that practical knowledge is also
important.
For practical study our institute arrange an
industrial visit. Their visit provides practical
knowledge about management of company. I had
taken by vision the field of management of
"BALAJI WAFERS PVT. LTD." I had prepared my
private report on this important management.
Page 5
ACKNOLEDMENT
Successful accomplishment of work requires knowledge,
help, guidance, creativity etc…. I got a wonderful
opportunity to make a report on “BALAJI WAFERS
PVT. LTD.”
I am very thankful to my principal and professor for their
help, Encourage and guidance in making this report. I
have made this project by trying my level best.
I would like to thanks my parents, professors, industrial
persons for their guidance & attention to make us
understand and giving information about the company.
Page 6
INDEX
SR.
NO.
CONTENT PAGE NO.
1 GENERAL INFORMATION 7
2 PRODUCTION
DEPARTMENT
INFORMATION
32
3 HUMAN RESOURCE
DEPARTMENT
INFORMATION
50
4 MARKETING
DEPARTMENT
INFORMATION
55
5 ACCOUNTING AND
FINANCE DEPARTMENT
83
6 CONCLUTION 89
7 SWOT ANALYSIS 90
8 BIBLOGRAPHY 92
Page 7
Page 8
Company Overview
Balaji wafers is a major snack food manufacturer and distributor
in Gujarat, India. It produces and distributes a variety if potato
chips and other grain-based snack food.
Balaji Wafers Private Limited is a non-govt company,
incorporated on 22 Sep, 1995. It's a private unlisted company
and is classified as ‘company limited by shares.
Company's authorized capital stands at Rs 5500.0 lakhs and has
96.18873% paid-up capital which is Rs 5290.38 lakhs. Balaji
Wafers Private Limited last annual general meet (AGM)
happened on 30 Sep, 2017. The company last updated its
financials on 31 Mar, 2017 as per Ministry of Corporate Affairs
(MCA).
Balaji Wafers Private Limited is majorly in Manufacturing
(Food stuffs) business from last 27 years and currently, company
operations are active. Current board members & directors are
CHANDUBHAI POPATBHAI VIRANI, KEYUR
BHIKHABHAI VIRANI, MIHIR BHIKHABHAI VIRANI,
BHIKHABHAI POPATBHAI VIRANI, KANJIBHAI
POPATBHAI VIRANI and PRANAY CHANDUBHAI
VIRANI.
Company is registered in Ahmedabad (Gujarat) Registrar Office.
Balaji Wafers Private Limited registered address is VAJDI
(VAD) KALAWAD ROADTAL-LODHIKA RAJKOT GJ.
Page 9
Company Profile
Cin U15400gj1995ptc027555
Date of incorporation 22 sep, 1955
Status Active
Company category Company listed by shares
Company sub – category Non-govt company
Company class Private
Business activity Manufacturing (food stuff)
Authorized capital 5500.0 lakhs
Paid-up capital 5290.38 lakhs
Paid-up capital % 96.18873
Registrar office city Ahmedabad
Registered state Gujarat
Registration number 27555
Registration date 22 sep, 1955
Listing status Unlisted
Banker Corporation bank & sbi
AUDITOR D.K. PATEL & CO.
Page 10
Location chart and location
details
FULL NAME OF THE COMPANY:
BALAJI WAFERS PRIVATE LIMITED.
Page 11
LOCATION OF COMPANY:
Survey No. 19, Vajdi (Vad),
Kalawad Road,
Ta. Lodhika Dist. Rajkot – 360021,
State: - Gujarat (INDIA).
LOCATION DETAILS : -
LATITUDE :- 21.6816632
LONGITUDE :- 69.7525212
Page 12
FORM OF ORGANISATION
According to John puffier “Organisation is an
essential a matter of man-to-man job to job and
department to department.”
These are different types of organisation like:-
1.Line organization
2.Staff organization
3.Line and staff organization
4.Committee organization
5.Project organization
6.Matrix organization
Out of all these Balaji wafers follows line and staff
type of organization structure line and staff organization
means to prepare plans to take vital decisions and to
implement them effectively all these functions cannot be
performed simultaneously by a single person hence there
emerged a system where in line officers received advice
from the staff experts the organization structure is as
follows.
Page 13
ORGANISATION CHART
CHAIRMAN
Managing
director
Production
Manager
Technical
Workers
Packaging
Supervisor
Working
Staff
Marketing
Manager
Area Wise
Salesman
Technical
director
Technical
Staff
Page 14
HISTORY
The company is owned by Chandubhai Virani.
Chandubhai and his brothers Bhikhubhai and Kanubhai
migrated from a small Village Dhun Dhoraji, Kalavad
Taluka, Jamnagar district of Gujarat. Their father
Popatbhai Virani was a farmer, who sold ancestral
agriculture land and gave ₹20,000 (US$260) to them to
venture into business.
The Viranis invested in farm equipment, but could not
succeed and lost the money. Kakubhai and his brothers
started a wafer business from a canteen of a cinema hall
in Rajkot in 1974. Until 1989, the wafers were produced
at the Viranis' house and distributed in and around Rajkot
city.
In the initial stage, Balaji Wafers set up their plant at Aji
Vasad (Industrial Zone, Rajkot) with a new concept of
making potato chips. The main benefit they got is the
readymade infrastructure availability due to which their
cost was reduced to a large extent. They operated there
for around 22 years.
Balaji Wafers then set up their new fully automatic plant
near Metoda G.I.D.C. which is in the area of the village
Vajdi, outside the town of Rajkot.
Page 15
HISTORY WITH
CHANGING YEARS
1974
The brothers came to Rajkot
looking for a job. They landed
one in the canteen of Astron
Cinema. They were loyal and
determined. Soon they were
asked to run the canteen.
1981
The Virani’s started making
wafers on their own. They even
came up with the name “Balaji”
to sell their wafers and
sandwiches in the canteen.
Page 16
1984
They distributed wafers to a
nearby retailers.
The scale was small but their
dreams, pretty big.
1989
Took a loan to setup a semi-
automated plant in Rajkot. The
aim was to improve several
aspects of the products.
Mainly quality and hygiene.
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1995
Become a private limited
company. Set up a fully
automated manufacturing plant.
Extended the line of products to
namkeen and other snacks.
2002
Launched a new state-of-the-art
manufacturing plant in Rajkot,
which was the largest in the
country back then. Went on to
build fully automated plants for
namkeen and other snacks. Also
widened the distribution network
to other states.
Page 18
2008
Set up a plant in Valsad, one of
the biggest in Asia at that point.
Also built manufacturing units
for namkeen and other snacks in
the same region to match
increasing demands from other
states.
2015
Set up hi-tech plant in Indore to
serve the northern and western
parts of the country.
Page 19
2019
The company has 51+ products
range and 93+SKUs. Our strong
presence in the remotest of the
areas to sprawling cities is made
possible through ever-expanding
powerful distribution network
consisting of 800+dealers. Balaji
aims to provide a quality
snacking experience at the most
affordable price to people across
all age groups.
Page 20
Promoters and existing
managing group.
 The company has 9 directors and 2 reported key
management personnel.
 The longest serving directors currently on board are
Chandubhai Popatbhai Virani, Bhikhabhai Popatbhai
Virani and Kanjibhai Popatbhai Virani who were
appointed on 22 September, 1995. They have been on the
board for more than 26 years.
 The most recently appointed directors are Sameer Chadha
and Mansukhlal Narshibhai Bhanderi, who were appointed
on 01 December, 2019.
 Keyur Bhikhabhai Virani has the largest number of other
directorships with a seat at a total of 2 companies. In total,
the company is connected to 2 other companies through its
directors.
Page 21
KEY PERSONS OF THE COMPANY
Mr. Bhikubhai Virani Chairman
Mr. Chandubhai Virani Managing Director
Mr. Kanubhai Virani Technical Director
Mr. Keyur Virani Research And Development Managed
Mr. Hitesh Virani General Manager
Mr. Nayan Tank Marketing Manager
Mr. Jay Sachdev Sales Representative
Page 22
Page 23
Installed and utilized
production capacity
 The Balaji wafers Valsad plant started in 2008 and its food processing
capacity is approximately 9000 kg of potatoes per hour. Also, the
production capacity of the Rajkot plant is 8000-10,000 kg per hour,
and they plan to set up two new production units, which will increase
50% production capacity.
 Today the company has a total capacity to produced approximately
8000 – 10000kgs potato wafers along with 12000 kgs of namkeen,
and snacks per day.
 Per day 750000kgs potatoes consumed in one day.
 5000kgs potato per hour.
 1200kgs wafers produce per hour.
 And 3000kgs farali chevda produces from 10500kgs potatoes.The
company require 380 ton potato per month.
Page 24
CONTRIBUTION OF THE
UNIT TO THE INDUSTRY
 Balaji’s share to the local potato and vegetable chips
market grew to 13.7% in 2012, from 9.5% in 2008,
according to Euromonitor. Balaji also dominates in
the western market with a share of 71%. In its home
state Gujarat,it has a share of 90%. The economic
Times recognized Balaji Wafers as ‘Sultan of
Wafers’.
 Currently, the production capacity of Rajkot plant is
8,000-10,000 kg per hour in which the company
produces multi-flavoured wafers, chana dal, mung
dal and 25 other snacks.
 Balaji Wafers enjoys around 65 percent market share
in western Indian snacks market and is present in
Gujarat, Maharashtra, Goa, Rajasthan and some parts
of Madhya Pradesh. Its current turnover exceeds Rs
1,200 crore and the company expects 25-30 percent
growth in 2014-15.
Page 25
LOCATION FACTOR
Location plays an important role in establishment of a new
unit every business entrepreneur of a business unit must give full
consideration to the suitable location for enterprise because
success or failure is highly depended on the location for enterprise
because success or failure is highly depended on the location of
the unit optimum location point is expected to give the lowest unit
cost of production as well as of distribution and hence it can be
most profitable for the business an entrepreneur must be choosing
an ideal location at the time of launching the enterprise in other
words all the pertinent factors influencing location will have to be
taken into account and weighed very carefully.
So far as BALAJI WAFERS PVT LTD is concerned it
requires potatoes, edible oil , iodized salt, bananas , mungdal,
chanaldal, vatana etc in the production of various type of product
such raw materials available at Rajkot very easily main reason for
such location of the unit are as follows:
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AVAILABILITY OF RAM MATERIAL
The most important factor, which is directly affected to
the product, is the availability of raw material for producing the
product.
These respective product and its raw materials of Balaji Wafers
are:-
PRODUCTS RAW MATERIAL
POTATO WAFER
FARALI CHEVDO
POTATOES
MUNGDAL MUNGDAL
CHANA DAL CHANADAL
VATANA PEAS
PEANUTS MASALA SING ROASTED PEANUTS
SING BHUJIYA BESAN GROUNDNUT
RATLAMI SEV BESAN, MATHDAL
In addition to these iodized salt edible oil, chilly
powder, black pepper etc all the raw material is
required so whichever material is easily available at
nearest place. Potatoes are purchased from Disa,
Ahmedabad and Surat through dealers as per
requirement.
Page 27
ELECTIRICITY
The availability of electric power is very essential for
any unit where production is done 24 hours continuously.
BALAJI WAFERS PVT LTD gets electricity from G.E.B. and in
absence of G.E.B. light it can be operated by their own generators.
 LABOR
For running industry main essentially is the labor
because without man any work is not start so, man is focus of any
industry essential supply of labor is in required quantity is also
taken into consideration while establishing an industry if the
company can find skilled and experienced labor at minimum
wage rate it can reach to its organizational goals in time in Rajkot
city both skilled and semiskilled labours are available the level of
education is also high in Rajkot.
TRANSPORTATION
For every industry transportation facilities have much
important to run their work regularly and smoothly as to get raw
material quickly as well as to supply their finished goods to the
market.
Rajkot has an all weather part so there is no problem of
transportation for BALAJI WAFERS PVT LTD moreover Rajkot
has all the facility of transportation except seaway like railway
airway and road way etc it is well known that railway of Rajkot
has the direct connection with the national railway line.
Page 28
FACILITIES GIVEN TO TO
THE EMPLOYEES
It is the duty of any unit to provide beneficiary services to the
employees of the unit.Balaji Wafers also provides many basic welfare
facilities to the employees. This company provides the following
beneficial facilities to the employees undertaken to the provision of the
law.
Facilities given to the employees are as follows:-
1. Bonus is paid every year.
2. It also provides transportation facility.
3. It also provides refreshment facility.
4. At the time of any accident during the course of employment the
company provides first aid and hospital expenses.
5. Company also provides it s product at a concession rate to
employees.
6. At the time of any family function of the employees company
provide several facilities like gift articles etc.
7. Music and song at production place.
8. Lunch is also given to the employees at a rate of Rs. 5 per dish.
Page 29
TURNOVER
Turnover refers to total annual sales turnover so far as
BALAJI WAFERS PVT LTD is concerned its annual turnover is
around 3000 crores for all products.
Now let us classify the turnover according to wafers and
namkeen.
Wafers 85%
Namkeens 15%
Page 30
TIME KEEPING SYSTEM
Time is very important for any business unit any
business unit as from the title time keeping system we can
say that under this system the arrival and exit time of the
employees is noted
Balaji wafers is having mainly a general shift and in
between they have a lunch break of one hour which is
mentioned as follows.
General shift 8am to 5 pm
Lunch break 12 pm to 1 pm
Page 31
CORPORATE GOALS AND
OBJECTIVES
Company has its own culture and identity in business
world it is effort of the company to maintain identity and to
be no 1 in global market company has fixed its goals and laid
down some certain mission to achieve them.
CORPORATE GOALS
1. To ensure quality at all stages.
2. To increase productivity and market share of the firm.
3. To increase the profitability of the firm.
4. Provide speedy services and satisfies the need and
wants of the society.
5. To keep a slim and trim but fully satisfied management
team to operate faster and to achieve higher levels of
business and growth effectively.
6. To effort foreign customer and export the product in
near future.
OBJECTIVES
Obviously primary objective of any company is to
profit maximization but in present competitive marketing
approach profit maximization should not be one and only
goal but it is a short-term goal every company wants to
increase prestige market share etc so wealth maximization
becomes important goal of company which is also long-term
goal of the company.
Page 32
Page 33
PRODUCTS OF COMPANY
PRODCT ABOUT
Introducing India's Very Own
Stacked Chips with Sprinkle
of sizzling chilli flavour. A
Perfect Fusion of Crispy and
Spicy.
Introducing India's Very Own
Stacked Chips with Sprinkle
of Salt. A Perfect Fusion of
Crispy and Savory.
Introducing the good old
potato wafers sprinkled with
iodised salt for a mildly
flavoured experience.
Pure bliss of spicy Indian
masala to shake things up a
bit.
Page 34
Give in to the sweet notes of
tomato.
Here’s a total brat of a flavour.
Known for its spicy yet tangy
yet minty yet salty character.
One of the tastiest wafers
around that will make you
come back for its irresistible
fusion of sour cream, herbs
and spring onion.
The Irrestible combination of
the heat of the Chilli on
Crispy Potato Wafers will
leave your taste buds tingling.
Page 35
Bite into the lush flavours of
pepper, oregano and cheese
and see yourself turn into a
pizza lover in no time.
Hand-cooked styled salted
wafers hugely popular for
being flavourful, crunchy and
addictive.
Hand-cooked styled wafers
hugely popular for being
flavourful and crunchy. Enjoy
the fiery side of chilli in this
one.
Made for those who have a
strong liking towards hard-
bodied snacks. The rumbling
patterns make for a super
crunchy snack with jolts of
pudina.
Page 36
Finely sliced bananas; fried to
perfection and moderately
spiced with locally grown
chillies.
Finely sliced bananas; fried to
perfection and delightfully
peppered.
Presenting the meal between
meals. The quick fix. The one
and only- masala noodles.
Introducing the lip-smacking,
taste bud tingling, highly
addictive light-bodied crispy
snack that will make you fall
in love with it.
Page 37
Packed with chatpata masala,
these are all you need to curb
your cravings.
A Perfect combination of
Western & Indian traditional
Snacks. Crispy, Spicy, Utterly
Delicious.
Presenting the Classic Nachos
with a Flaming Hot Twist. It
will Rock your taste buds with
Chilli & Lime.
Juicy Ripe Tomatoes
combined with select
Aromatic Herbs will take your
taste Buds to a whole new
level.
Page 38
Classic Nachos flavoured with
a combination of Creamy
Cheese and Sprinkled Chilli.
Infused with tadka spice, this
tube-like snack offers you a
bold kick of flavours when
you least expect.
Scoopitos is an endless supply
of light and crispy flavours.
Scoopitos loves you back, you
see.
Made of corn and roasted to
perfection, these are your
guilt-free munchies, available
in cheesy flavours.
Page 39
Made of corn and roasted to
perfection, these are your
guilt-free munchies, available
in masaledar flavours.
Enjoy this simple melt in
mouth combination of Sago
Balls, Salt and Turmeric.
Shaped like a wheel, this
iconic snack will roll into your
mouth and rock your taste
buds with its masala and
crunch.
They are twisted. They get the
party started. Presenting the
Hot and Sour variant of this
super tasty evening snack.
Page 40
They are twisted. They get the
party started. Presenting the
Chinese variant of this super
tasty evening snack.
They are twisted. They get the
party started. Presenting the
tangiest variant of this super
tasty evening snack.
They are twisted. They get the
party started. Presenting the
spiciest variant of this super
tasty evening snack.
Enjoy Khata Mitha Mix.
Enjoy the sweet and tangy
play of flavours that will make
your taste buds guess and
yearn.
Page 41
Enjoy Tikha Mitha Mix.
Enjoy the sweet and spicy
plays of flavours that will
make your taste buds guess
and yearn.
Enjoy Rajwadi Chevdo. Enjoy
the crispy and tasty fasting
snack infused with raisins to
recharge your palate.
Enjoy Farali Chevdo. Enjoy
its lightly spicy nature that is
yummy, crispy and robust.
Lip Smacking Indian Snack
that melts in your Mouth.
Relish the Spicy and Chatpata
Flavour.
Page 42
To all the chat lovers out
there. Here's an interplay of
spicy, tangy and sweet. Add to
that, nostalgia!
Enjoy Mung Dal. Enjoy its
crusty layers of richness
infused with black salt.
Enjoy Chana Dal. Enjoy its
sour yet spicy notes of
chickpea, chilli and nutmeg.
Enjoy Masala Peas. Enjoy its
delicious mix of salt and chilli
coated on peas.
Page 43
Enjoy Shing Bhujia. Enjoy its
seamless blend of garam
masala and gram flour coated
peanuts.
Enjoy Nimbu Shing Bhujia
,Enjoy its seamless blend of
nimbu infused crusty masala
gram flour coated peanuts
Protein and Vitamins packed
peanuts with a Sprinkle of
salt. Enjoy Anytime,
Anywhere.
Enjoy Masala Shing. Enjoy its
seamless blend of garam
masala, black salt and crusty
peanuts.
Page 44
Enjoy Aloo Sev. Enjoy the
classic taste of chickpea in
delicately peppered and lightly
minted strands.
Enjoy Classic Sev. Enoy the
classic taste of gram flour in
delicately salted and crunchy
strands.
Traditional Indian Snack with
the perfect blend of Muth
Flour, Clove, Chilli and Other
Indian Spices.
Enjoy Gathiya. Enjoy the
crusty, fulfilling and popular
Gujarati snack tossed in kali
mirch, ajwain and hing.
X`
Page 45
Enjoy Ratlami Sev. Enjoy this
offering from the Ratlam
region of MP infused with
chilli, hing, and ajwain.
Enjoy Sev Murmura. Enjoy
the symphony of sev and
kurmura, as is or as a topping.
Enjoy Masala Sev Murmura.
Enjoy the symphony of
masala, sev, and kurmura,
infused with chilli and garlic.
.
Page 46
PLANT LAY-OUT
Page 47
MANUFACTURING
PROCESS
The operations function essentially is a transformation process
that accepts the inputs, and gives the outputs after adding value
to the inputs. Thetransformation process is expected to generate
an output. The transformation process is expected to generate an
output described by market and this it should do in the most
efficient way. Production process has to adopt itself to number
of changing factors like capacity, lead-time, flexible trade-offs
between material,labour and capital, trade-offs between volume
and variety, etc. we cannot have the best process, it could only
be the most acceptable process, given the different trade-offs.
In BALAJI WAFERS PVT. LTD., production process is a well
– planned process. In contains all that important stages, which is
required to make a product well, accepted in the market.
The well – planned production process of BALAJI WAFERS
PVT. LTD. Is as follows:
1. The first of production process begins on receiving the
order from the dealer.
Page 48
2. Potatoes are placed on electric channel and washed
properly.
3. After washing, they are brought for pilling purpose to
thepeeling machine.
4. Once they are washed and finely peeled they are passed
through a belt where labours remove off the spoiled
potatoes.
5. After washing and peeling, they sent for cutting. There are
different shapes in cutting machine; these shapes are
arranged according to the need.
6. After washing, they are again sent for washing and after
that forfrying purpose.
7. Once frying gets over again inspection is done to remove
the broken pieces of wafers.
8. Once this process ends chips are placed in Spicer drum and
necessary spices areadded to it. And than at last they are
packed and dispatched.
Page 49
DISPATCH
PACKEGING
FLAVOURING
FRYING
DRYING
CUTTING & BOILING
WASHING AND REMOVING POATATO OUT LATER
GRAINDING
RAW -MATERIAL
Page 50
Page 51
HR MANAGER
• As a Human Resource officer:
o Mitesh Patel
• As a Human Resource Executive:
o Bharatsinh Jadav
• As a Manager, Human Resource:
o Prashant Singh
Page 52
EMPLOYEES DETAILS
 In BALAJI WAFERS PVT .LTD.
company many employees are working as
it is one of the largest company in Gujarat
having a very big turnover every year.
 For that hard work is also required co-
ordination. Mutual
understandingisalsothekeypointineveryind
ustry.
 So in the company like Balaji their are near
about5000
employees areworking.
 All this employees can’t work together so
their are working over hrs of a single
employees decided and shifts are decided
for everyemployees
 There are 3 shifts of working and in that
every employees is well introduced by the
work he/she has to done and also well
known by their authority and
responsibility
Page 53
WALFARE ACTIVITIES &
EMPLOYEES AMENITIES
It is the duty of any unit to provide beneficiary
services to the employees.
Balaji Wafers also provides many basic welfare
facilities to the employees.
Minimum Wage is given as per the rule of
government.
Bonuses paid every year.
It also provides transportation facility.
It also provides refreshment facility.
At the time of many accidents during the course of
the employment of the company provides first-aid
and hospital expenses.
Regular medical check-up is done of every employee.
Page 54
Company also provides its product at the concession
rate to employees.
At the time of any family function of the employees
company provide several facilities like gift articles.
Page 55
Page 56
MARKETING MANAGAER
Senior Marketing Executive
• Mr.Avinash Patel
Page 57
Main Products and Brand
Name
Page 58
CHANNEL OF
DISTRIBUTION
Channel of distribution is a way or path through which goods
transfer from the pace of production to the place of consumption.
In other words channel of distribution is a pipeline by which
customer or user can obtain. The product which can satisfy their
needs.
The producers cannot be in the market at all the time and in
every places for selling their each units produced. Because they
have no such time and again it costs them too much to go in the
market and sell their product for this difficulty they take the help
of middleman which include wholesalers, retailers, dealers,
agents, distributors etc. all of these middlemen united create a
channel through which goods are distributed smoothly. The
middlemen are well acquitted with the position of market and
hence they can distribute the company’s product easily.
According to Philip Kotler, “marketing channel is set of
interdependent organization which is involved in the process of
making a product or service available for use of consumption.”
Distribution system is divided into two parts or division they
are:-
Page 59
1 channel of distribution.
2 physical distributions.
A distribution channel moves goods from producer to
consumers. It overcomes the major time, place and possession
gaps that separate goods and services from those who would use
them. Members of the marketing perform many key factors,
which are outlined as follows:-
Help in production work.
Financing the producers.
Aid in contribution.
Promotional activities.
Matching demand and supply.
Balaji Wafers is doing all these activities in well coordinated
style. All the persons related with distribution channel are well
experienced.
Page 60
ROLE OF CHANNEL OF
DISTRIBUTION
In an ever widening market, particularly in consumer goods
market, distribution channel have distinctive role in the successful
implementation of marketing plans and strategies. These channels
perform the following marketing functions in the machinery of
distribution.
1. The searching out of buyers and sellers (contracting).
2. Matching goods to the requirement of the market
(merchandising).
3. Offering product in the form of assortment of packages of
item usable and acceptable by the consumers.
4. Persuading and influencing the prospective buyer to favor a
certain product and its maker (personal selling  sales
promotion).
5. Implementation of pricing strategies in such a way that
would be accepted to the buyer’s and ensures effective
distribution.
6. Looking after all the physical distribution functions.
Page 61
7. Participating activity on the creating and establishment of
market for a new product
8. Offering pre and after sale services to customers
9. Transferring of new technology to the user along with the
supply of product and playing the role of change agent.
10. Provide feedback, information and marketing
intelligence and sales forecasting services for their regions
to their suppliers.
Page 62
LEVELS OF CHANNEL OF
DISTRIBUTION
The number of channel level can characterize the marketing
channel. Each intermediary that performs work in bringing the
products to the final buyer constitutes a channel level. Since the
producer and the final customer both perform work, they are part
of every channel. There are following type of channel of
distribution.
 Zero level
A zero level channel is also called the direct marketing
channel it consists of a manufacturer, selling directly to the final
consumer. The major zero level channels are door to door sales,
home parties, mail order etc. it depends on the type and nature of
product and the requirement of the customer its diagram is as
follows
MANUFACTURER
CUSTOMER
Page 63
 One level
A one level channel contains one selling intermediary such
as a retailer as most of the manufacturer uses only the retailing
system. In this distribution system, the manufacturer supplies
goods to the retailer only with sufficient guidance relating to the
use of product and so on. Its diagram is as follows:-
 Two levels
A two level channel consist of two intermediaries. In
consumer markets, they are typically a dealer wholesaler and
retailer, when the manufacturer wants to cover a comparatively
wider area of markets they use this channel of distribution. Its
diagram is as follows:-
MANUFACTURER
RETAILER
CUSTOMER
Page 64
 Three levels
A three levels channel contains three intermediaries. In a
company which wants to , distribute ,its product in a nationalized
way  or in a national level market they have to apply this channel
of distribution under such circumstance s dealers are appointed in
various regions, subsequently the product is moved to the
customers through retailers. Its diagram is as follows:-
MANUFACTURER
DEALER
RETAILER
CUSTOMER
MANUFACTURER
DEALER
SUB DEALER
RETAILER
CUSTOMER
Page 65
 Multi level
Multinational companies which are having their distribution
system in several countries, have to follow a multi channel. It may
include four or more intermediaries make the product and reach
to the customers. This method is convenient when; the customers
are evolved in a huge region its diagram is as follows:-
MANUFACTURER
WHOLESALER
DEALER
SUB DEALER
RETAILER
CUSTOMER
Page 66
So far as Balaji Wafers is concerned the product of this
company is food product. They adopt a multilevel distribution
system, which is as follows:-
The company is having four distributors and 225 dealers.
COMPANY
CARRY & FORWARD
DEAPARTMENT
DISTRIBUTORS
DEALERS
RETAILERS
CONSUMERS
Page 67
MARETING MIDDLEMEN
In essence, a channel of distribution include the original
producer the final buyer and many middleman either wholesaler
or those institution or those institution or individual in the
channel, which either take a little to the goods or negotiate of
sell in the capacity of an agent or broker. Thus, from the
marketing point of view the middlemen and intermediaries are
the same. In all commodity markets, whether primary or central,
we have lots of middlemen acting as essential functionaries.
On the basis of taking titles to goods these middlemen are
divided into parts:-
1) AGENT MIDDLEMEN
They are middlemen who do not take a little to goods, but help
in the transfer of the title the agent are classified into
 Broker
 Commission agent
 Sole selling agent
 Manufacturer agent
Page 68
2) MERCHANDISING MIDDLEMAN
These intermediaries take both possession and title to goods in
their own name. They are classified as into as follows:-
 DEALER
Dealers are person who buy or resale product at either
retailer or wholesaler basis.
 DISTRIBUTORWHOLESALER
It is a general term used to mean wholesalers.
 STOCKIEST
This is a wholesaler but takes less active role compared to
distributor.
 RETAILERS
A merchant or occasionally an agent whose business is
selling directly to the ultimate consumer.
Page 69
So far as BALAJI WAFERS PVT LTD is concerned it utilizes
the merchant middlemen as a channel member. It includes the
following intermediaries whose chart representation is as
follows:-
COMPANY
CARRY & FORWARD
DEAPARTMENT
DISTRIBUTORS
DEALERS
RETAILERS
CONSUMERS
Page 70
DEALERS &
DISTRIBUTOR & CARRY-
FORWARD AGENTS
1) DEALERS AND DISTRIBUTORS
By appropriate procedure the company appoints a dealer.
This company has appointed many dealers and distributors all
over the Gujarat. The company has 225 dealers and 4 distributors
the company gives fixed commission on purchase the rate of
commission is 7 to 7.5% there are no fixed quotas or no force to
sell the minimum number of products. They provide service to
dealers as per the demand and the delivery of the goods is done
any where in Gujarat just within 2 days that is within 48 hours the
name of distributors and some dealers of the company are :-
Page 71
LIST OF DISTRIBUTORS
1. Mr. Vallabhbhai Kataria
Kataria Enterprise
Sole Distributor
Saurashtra
Gujarat
2. . Mr. Paras Kataria
Kataria Enterprise
Sole Distributor
Saurashtra
Gujarat
3. Mr. Anil Chandani
Swami Lilasa Enterprise
Sole Distributor
Kutch
4. . Mr. Rimal Kataria
Kataria marketing consultancy
Sole Distributor
Gujarat
Page 72
LIST OF DEALERS
1. Mr. Hareshbhai Shanghvi
Vimal Agency
Junagadh
2. Mr. Mahebub Sorvani
Akash Agency
Porbandar
3. Mr. Pashidbhai
Ramis Sales Agency
Surendranagar
4. . Mr. Maheshbhai Mirani
Jamini Enterprise
Ahmedabad
5. Mr. Sanjay &Rakesh
Atmiya Sales Agency
Rajkot
Page 73
CARRY FORWARD AGENTS
In addition to dealers, company has appointed some carry
and forward agents carry and forward agent play a vital
role in passing goods from company to dealers. Dealers
inform carry and forward agents and carry and forward
agents inform the company about the material requisitions,
and it is the responsibility of carry and forward agents to
provide goods to the dealers.
Kataria enterprise is the main carry and forward agent and
it is also the marketing consultancy firm for the BALAJI
WAFERS PVT LTD which is situated in Rajkot.
Page 74
CHANNEL OF DISTRIBUTION
Channel of distribution is the route or ways through which
goods or services move from the place of production to place of
consumption. In modern marketing so many channel of
distribution exist.
Channel of distribution have a vital role especially in the
distribution of consumer goods. The most innovative product
offered as an attractive price world is of no use unless there is as
efficient distribution system.
So far as Balaji Wafers is concerned its product is a
consumer product so it mainly sale the product directly to its
dealer’s and distributor not to consumer. However it has also a
big distribution network at various places in Gujarat
In case BALAJI WAFERS PVT LTD transportation and
dispatch activities are performed by carry and forward agencies.
The names of carry and forward agencies and their areas are given
below
Kataria enterprise:-
 Suarashtra north Gujarat and south Gujarat
Swami Lilasha enterprise:-
 Kutch
Atmiya agencies:-
Page 75
 Rajkot & nearest area
There are total 175dealers of BALAJI WAFERS PVT ltd in all
over Gujarat we can show the channel of distribution of the
company is as follows
Company
Carry and forward department
Distributor
Dealers
Retailers
Consumers
Page 76
PROMOTIONAL
ACTIVITIES
PRODUCT PLANNING
Product planning means the planning for the product that is
to decide what type of production is to be produced or what needs
or requirement the product has to satisfy and for whom the
product is meant. Product planning is an important concept for
any industry. Every industry must plan its products as which
result profitable for the company and satisfy the consumer wants
So far as Balaji Wafers is concerned it mainly produces
1. Potato Wafers
2. Masala Potato Wafers
3. Banana Wafers
4. Banana Masala Wafers
5. Farali Chevdo
6. Ratlami Sev
7. Sing Bhujiya
8. Chana Dal
9. Peanuts
10. Mung dal
11. Vatana
12. Masala Sing
It plans its product in order to maintain existing customers
in fact BALAJI WAFERS PVT LTD does not require much of
product planning it has a very good marketing network and also a
very good market for its product.
Page 77
PRICING POLICY
Out of 6 Ps of marketing mix pricing is one of them price of
the product is main element in any organization. Therefore,
decision regarding price is the most vital decision for a marketing
manager. Right price can promote sales of the company. While
wrong price affects the sales of the company largely, so mixing
of price is more important than all other tasks.
Pricing is an important element of the marketing department.
a company has to setup the pricing policy considering so many
factors such as demand, competition, government interference etc
even company has its own pricing policy.
BALAJI WAFERS PVT LTD is in concerned the company
tries to keep least prices than competitors price lower prices are
there because of their minimum advertisement cost. The company
has adopted retail pricing policy under the policy the company
binds the retailers to sale the branded goods at the fixed rate
decided.
TARGET AUDIENCE AND COMPETITORS.
 TARGET AUDIENCE
Page 78
The target customers means the target is fixed based on level of
customer’s age, sex, needs, wants, demand, competition, and changing
fashion of the society.
As far as Balaji Wafers is concerned the market of the company is
evolved and large the product of “BALAJI" is a food product so the main
audience of the company is children and young people.
 COMPETITORS
The following are the competitors of BALAJI WAFERS PVT LTD
1. Ruffles Lays
2. Uncle Chips
3. Samrat
4. Laher
5. Kurkure
Page 79
ADVERTISEMENT
Advertisement is an important aspect in marketing. It is
concerned with the preparation of visual and oral messages for
making people aware of and favourably inclined towards product,
brand, service, quality and institution and so on. The ultimate aim
of advertising is to contribute towards increase sales and to
increase profit. It is a specialized technique of popularizing the
product and is indispensable in the marketing of goods.
Advertising is a powerful promotion tool to establish and
retain brand loyalty, whether a company is introducing new
products or expanding the existing one. Advertising is inevitable
in this modern competition market. It can be done through various
ways.
So far as “BALAJI” is concerned it also spent a good amount
on advertising. It makes advertising by following ways: -
1. Lighting board
2. Banners
3. Kitchen
4. Calendar
5. Wall painting
6. Wall clock
BRANDING, PACKING AND SLOGAN
Page 80
 BRANDING
The word brand is a comprehensive term. The brand is to
name or mark is a proof of ownership it means a signor symbol
of quality. it is the best means of advertising and positioning in
the market branding is the best means of capturing and retaining
the consumer demand in a competitive market the marketer can
create brand equity, brand loyalty and brand image for his
products only through branding
BALAJI WAFERS PVT LTD has the brand name as
“BALAJI”.
 PACKAGING
packaging may be defined as the general group of activities
in the planning of a product these activities concentrate on
formulating a design of the package and producing an appropriate
and attractive container or wrapper for a product the container
itself can act a forceful though silent and colorful salesman at the
point of purchase or an effective medium of advertisement
encouraging impulse buying many a time , package design itself
can act as a register brand, packaging is necessary to present
flowing out of such liquid. It is essential to maintain freshness and
quality; it can prevent the danger of adulteration
In BALAJI the packing is done by fully automatic packing
machine. They are able to prepare 180 to 100 packs in 1 minute.
Page 81
 SLOGANS
The entire well known companies have selected an effective
and meaningful slogan to communicate with their customer about
the product in very few words it is the explanation of the product
in one line in emotional way the slogans with right meaning
attract the consumer to purchase the particular product forever.
Balaji has the following slogans:-
IN ENGLISH
“Any time crunchy
All time fresh”
IN GUJARATI
“Jyare pan khav karkari ane taji”
MARKETING RESEARCH
Page 82
Marketing research is the systematic collection analysis and
separation of idea and reading and relevant marketing situation
facing the company it is highly necessary in this modern
competitive age.
A company can conduct marketing research in different
ways company can hire a marketing research firm also however,
most of the large companies have their own marketing research
department because in this competitive age no firm can remain
careless about a single change in market.
BALAJI WAFERS PVT LTD has its own research and
development department which is handled by Mr. Keyur Virani
marketing research manager prepares actual reports about the
market and submit the marketing research manager and to
understand the problems regarding marketing.
Research is conducted indifferent marketing factors like
product and service, sales, advertising, pricing, distribution
packing etc.
Page 83
Page 84
FINANCE MANAGER
Account officer:
Pankaj Basotia.
Finance Specialist :
Bharat bhai Parmar.
Page 85
FINANCIAL PLANNING
One of the most important functions of finance manager is that
of planning. Financial planning is essentially concerned with
judicious procurement and profitable use of funds – a use which
is determined by realistic inventories decisions. Financial
planning helps management to avoid waste by providing policies
and procedures which make possible a closer coordination
between various functions of the business enterprise. Financial
planning is responsibility of top level management.
Finance guides and regulates investments decision and
expenditure. To get the best out of the available funds is the
major task of finance manager.Finance is common denominator
for the vast range of corporate objectives andmajor part of any
corporate plan must be expressed in the financial terms.
Planning
BALAJI WAFERS PVT. LTD. Does a systematic financial
25% to 50% of finance is provided the company first decides the
project and then the finance is procured from banks
To avoid wastage of finance the company first decides the
project and then the finance is procured.
Page 86
SOURCE OF FUND
A financial plan has to be prepared for the purpose
estimating short term and long term needs of finance to
company. Capitalisation is the sum total of all kinds of long term
securities as well as surplus which are not mean for distribution.
The amount of capital at any time should not exceed not should
be less than the amount required in both the situation company
will be the loser.
Capitalisation means the total amount of a company capital
of total volume of its capital stock. In other words, we can say
that the capitalisation means the total borrowed capital and
ownership capital of the firm. If the resource funds and retained
profit increases with growth of company it means capitalisation
of the company is increasing.
BALAJI WAFERS PVT. LTD. sees to it that it collects
optimum capital. Its share capital of Rs. 42,38,000. And also has
borrowed capital of secured loans of Rs. 4,21,22,828
Page 87
FINANCIAL
INFORMATION
 Operating Revenue 500Cr(31march2019)
 Profit After tax 188Cr (31march2019)
 Debt Equity ratio 0.04% (31march2019)
 Net worth 11.37% (31 march2019)
 Paid-up Capitalism INR52.90Cr.as per the
records, held on 30 sep.2019
 The company reported revenue of INR.
1440 Cr and profit after taxofINR.188Cr.
Page 88
 As on 31 march 2019 the net worth of the
company stood at INR. 800Cr.
 AUTHORISED
CAPITAL INR
300.0lacs.
 PAID OF
CAPITAL
INR 52.53
LACS.
 CATEGORY
Company limited by shares
Page 89
CONCLUTION
BALAJI WAFERS PVT LTD is the adventure of Gujarati
Family. It is located at GIDC Rajkot and almost all the cities of
Gujarat they have their dealers.
In this company the internal relation between the workers
and management are very well. All the workers and management
behave with each other as family members. It is the plus point of
the company. The management of the company is well planned
and very effective.
On the point of completing this visit report I am concluding
that BALAJI WAFERS PVT LTD is very well developed, well
organized and progressive company.
My heartily best wishes are always with them for their great
sparkling and bright future.
Page 90
SWOT ANALYSIS
The following are the strength, weakness, opportunity, and
threats of BALAJI WAFERS PVT LTD:-
 STRENGTH
1. Balaji is an established brand in region of Gujarat hence
it enjoy very good brand name.
2. Balaji has a strong distribution network in Gujarat.
3. Balaji is the first company to launch the wafers in
Gujarat market.
4. Company gives healthy profit margin to retailers so
they are also very satisfied with company’s product.
5. To maintain quality at any cost is the first and strong
object of the company.
6. Balaji having the one and only fully automatic plant for
production in Gujarat.
7. Balaji has a long experience in relating region of
Gujarat. Hence it can use them as an advantage to
establish its leaders in the market.
Page 91
 WEAKNESS
1. Balaji does not aggressively advertise on T.V. or in
other media.
2. In this company there is no facility of own warehouse.
 OPPORTUNITY
1. Balaji is a well known established brand in wafer
market in Gujarat. Hence it can use its brand name
further established itself in the national market.
2. As the real income of the people increases day by day,
there are lots of avenues that can be explored by the
company to attract potential market in the urban, semi
urban and rural areas. The company is now launching
the products in Maharashtra state.
 THREATS:-
Balaji switching amongst consumer has increased due to
new entrances offering various products in the market so it may
be possible that the regular customer of BALAJI start trying to
buy other brands of wafer. Hence the company must keep
upgrading its product list to suit and match the faster and ever
changing demand of customer and to give them maximum
satisfaction.
Page 92
BIBLOGRAPHY
Websites:
www.balajiwafers.com
www.wikipedia.com
www.branyuva.com
www.zoominfo.com
www.linkdin.com
www.thehindubusinessline.com

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BALAJI PRIVATE LIMITED REPORT - SHIFAN SHIVANI.pdf

  • 2. Page 2 TOPIC :- COMPANY INFORMATION GUIDED BY :- MRS. DOLLY JUNGI PREPARED BY :- SHIFAN MOHAMMAD IQBAL SHIVANI INSTITUTE :- DR. V. R. GODHANIYA B.ED COLLAGE, PORBANDAR SUBMITTED TO :- Bhakt Kavi Narsingh Mehta University, Junagadh Duration :- 2021-2022 ROLL NO.:-
  • 3. Page 3 DECLARATION I the undersign solemnly declare that the project report BALAJI WAFERS PVT. LTD is based on my own work carried out during the course of our study under the supervision of Mrs. dollymam jungi. I assert the statements made and conclusions drawn are outcome on my research work. I further certify that. Date :- Place :- Porbandar Signature
  • 4. Page 4 PREFACE Every student of B.B.A has to undergo visit to any industry and have to prepare report of the industry. B.B.A is a course of business administration abundance of theoretical knowledge acquired through lecture but apart from that practical knowledge is also important. For practical study our institute arrange an industrial visit. Their visit provides practical knowledge about management of company. I had taken by vision the field of management of "BALAJI WAFERS PVT. LTD." I had prepared my private report on this important management.
  • 5. Page 5 ACKNOLEDMENT Successful accomplishment of work requires knowledge, help, guidance, creativity etc…. I got a wonderful opportunity to make a report on “BALAJI WAFERS PVT. LTD.” I am very thankful to my principal and professor for their help, Encourage and guidance in making this report. I have made this project by trying my level best. I would like to thanks my parents, professors, industrial persons for their guidance & attention to make us understand and giving information about the company.
  • 6. Page 6 INDEX SR. NO. CONTENT PAGE NO. 1 GENERAL INFORMATION 7 2 PRODUCTION DEPARTMENT INFORMATION 32 3 HUMAN RESOURCE DEPARTMENT INFORMATION 50 4 MARKETING DEPARTMENT INFORMATION 55 5 ACCOUNTING AND FINANCE DEPARTMENT 83 6 CONCLUTION 89 7 SWOT ANALYSIS 90 8 BIBLOGRAPHY 92
  • 8. Page 8 Company Overview Balaji wafers is a major snack food manufacturer and distributor in Gujarat, India. It produces and distributes a variety if potato chips and other grain-based snack food. Balaji Wafers Private Limited is a non-govt company, incorporated on 22 Sep, 1995. It's a private unlisted company and is classified as ‘company limited by shares. Company's authorized capital stands at Rs 5500.0 lakhs and has 96.18873% paid-up capital which is Rs 5290.38 lakhs. Balaji Wafers Private Limited last annual general meet (AGM) happened on 30 Sep, 2017. The company last updated its financials on 31 Mar, 2017 as per Ministry of Corporate Affairs (MCA). Balaji Wafers Private Limited is majorly in Manufacturing (Food stuffs) business from last 27 years and currently, company operations are active. Current board members & directors are CHANDUBHAI POPATBHAI VIRANI, KEYUR BHIKHABHAI VIRANI, MIHIR BHIKHABHAI VIRANI, BHIKHABHAI POPATBHAI VIRANI, KANJIBHAI POPATBHAI VIRANI and PRANAY CHANDUBHAI VIRANI. Company is registered in Ahmedabad (Gujarat) Registrar Office. Balaji Wafers Private Limited registered address is VAJDI (VAD) KALAWAD ROADTAL-LODHIKA RAJKOT GJ.
  • 9. Page 9 Company Profile Cin U15400gj1995ptc027555 Date of incorporation 22 sep, 1955 Status Active Company category Company listed by shares Company sub – category Non-govt company Company class Private Business activity Manufacturing (food stuff) Authorized capital 5500.0 lakhs Paid-up capital 5290.38 lakhs Paid-up capital % 96.18873 Registrar office city Ahmedabad Registered state Gujarat Registration number 27555 Registration date 22 sep, 1955 Listing status Unlisted Banker Corporation bank & sbi AUDITOR D.K. PATEL & CO.
  • 10. Page 10 Location chart and location details FULL NAME OF THE COMPANY: BALAJI WAFERS PRIVATE LIMITED.
  • 11. Page 11 LOCATION OF COMPANY: Survey No. 19, Vajdi (Vad), Kalawad Road, Ta. Lodhika Dist. Rajkot – 360021, State: - Gujarat (INDIA). LOCATION DETAILS : - LATITUDE :- 21.6816632 LONGITUDE :- 69.7525212
  • 12. Page 12 FORM OF ORGANISATION According to John puffier “Organisation is an essential a matter of man-to-man job to job and department to department.” These are different types of organisation like:- 1.Line organization 2.Staff organization 3.Line and staff organization 4.Committee organization 5.Project organization 6.Matrix organization Out of all these Balaji wafers follows line and staff type of organization structure line and staff organization means to prepare plans to take vital decisions and to implement them effectively all these functions cannot be performed simultaneously by a single person hence there emerged a system where in line officers received advice from the staff experts the organization structure is as follows.
  • 14. Page 14 HISTORY The company is owned by Chandubhai Virani. Chandubhai and his brothers Bhikhubhai and Kanubhai migrated from a small Village Dhun Dhoraji, Kalavad Taluka, Jamnagar district of Gujarat. Their father Popatbhai Virani was a farmer, who sold ancestral agriculture land and gave ₹20,000 (US$260) to them to venture into business. The Viranis invested in farm equipment, but could not succeed and lost the money. Kakubhai and his brothers started a wafer business from a canteen of a cinema hall in Rajkot in 1974. Until 1989, the wafers were produced at the Viranis' house and distributed in and around Rajkot city. In the initial stage, Balaji Wafers set up their plant at Aji Vasad (Industrial Zone, Rajkot) with a new concept of making potato chips. The main benefit they got is the readymade infrastructure availability due to which their cost was reduced to a large extent. They operated there for around 22 years. Balaji Wafers then set up their new fully automatic plant near Metoda G.I.D.C. which is in the area of the village Vajdi, outside the town of Rajkot.
  • 15. Page 15 HISTORY WITH CHANGING YEARS 1974 The brothers came to Rajkot looking for a job. They landed one in the canteen of Astron Cinema. They were loyal and determined. Soon they were asked to run the canteen. 1981 The Virani’s started making wafers on their own. They even came up with the name “Balaji” to sell their wafers and sandwiches in the canteen.
  • 16. Page 16 1984 They distributed wafers to a nearby retailers. The scale was small but their dreams, pretty big. 1989 Took a loan to setup a semi- automated plant in Rajkot. The aim was to improve several aspects of the products. Mainly quality and hygiene.
  • 17. Page 17 1995 Become a private limited company. Set up a fully automated manufacturing plant. Extended the line of products to namkeen and other snacks. 2002 Launched a new state-of-the-art manufacturing plant in Rajkot, which was the largest in the country back then. Went on to build fully automated plants for namkeen and other snacks. Also widened the distribution network to other states.
  • 18. Page 18 2008 Set up a plant in Valsad, one of the biggest in Asia at that point. Also built manufacturing units for namkeen and other snacks in the same region to match increasing demands from other states. 2015 Set up hi-tech plant in Indore to serve the northern and western parts of the country.
  • 19. Page 19 2019 The company has 51+ products range and 93+SKUs. Our strong presence in the remotest of the areas to sprawling cities is made possible through ever-expanding powerful distribution network consisting of 800+dealers. Balaji aims to provide a quality snacking experience at the most affordable price to people across all age groups.
  • 20. Page 20 Promoters and existing managing group.  The company has 9 directors and 2 reported key management personnel.  The longest serving directors currently on board are Chandubhai Popatbhai Virani, Bhikhabhai Popatbhai Virani and Kanjibhai Popatbhai Virani who were appointed on 22 September, 1995. They have been on the board for more than 26 years.  The most recently appointed directors are Sameer Chadha and Mansukhlal Narshibhai Bhanderi, who were appointed on 01 December, 2019.  Keyur Bhikhabhai Virani has the largest number of other directorships with a seat at a total of 2 companies. In total, the company is connected to 2 other companies through its directors.
  • 21. Page 21 KEY PERSONS OF THE COMPANY Mr. Bhikubhai Virani Chairman Mr. Chandubhai Virani Managing Director Mr. Kanubhai Virani Technical Director Mr. Keyur Virani Research And Development Managed Mr. Hitesh Virani General Manager Mr. Nayan Tank Marketing Manager Mr. Jay Sachdev Sales Representative
  • 23. Page 23 Installed and utilized production capacity  The Balaji wafers Valsad plant started in 2008 and its food processing capacity is approximately 9000 kg of potatoes per hour. Also, the production capacity of the Rajkot plant is 8000-10,000 kg per hour, and they plan to set up two new production units, which will increase 50% production capacity.  Today the company has a total capacity to produced approximately 8000 – 10000kgs potato wafers along with 12000 kgs of namkeen, and snacks per day.  Per day 750000kgs potatoes consumed in one day.  5000kgs potato per hour.  1200kgs wafers produce per hour.  And 3000kgs farali chevda produces from 10500kgs potatoes.The company require 380 ton potato per month.
  • 24. Page 24 CONTRIBUTION OF THE UNIT TO THE INDUSTRY  Balaji’s share to the local potato and vegetable chips market grew to 13.7% in 2012, from 9.5% in 2008, according to Euromonitor. Balaji also dominates in the western market with a share of 71%. In its home state Gujarat,it has a share of 90%. The economic Times recognized Balaji Wafers as ‘Sultan of Wafers’.  Currently, the production capacity of Rajkot plant is 8,000-10,000 kg per hour in which the company produces multi-flavoured wafers, chana dal, mung dal and 25 other snacks.  Balaji Wafers enjoys around 65 percent market share in western Indian snacks market and is present in Gujarat, Maharashtra, Goa, Rajasthan and some parts of Madhya Pradesh. Its current turnover exceeds Rs 1,200 crore and the company expects 25-30 percent growth in 2014-15.
  • 25. Page 25 LOCATION FACTOR Location plays an important role in establishment of a new unit every business entrepreneur of a business unit must give full consideration to the suitable location for enterprise because success or failure is highly depended on the location for enterprise because success or failure is highly depended on the location of the unit optimum location point is expected to give the lowest unit cost of production as well as of distribution and hence it can be most profitable for the business an entrepreneur must be choosing an ideal location at the time of launching the enterprise in other words all the pertinent factors influencing location will have to be taken into account and weighed very carefully. So far as BALAJI WAFERS PVT LTD is concerned it requires potatoes, edible oil , iodized salt, bananas , mungdal, chanaldal, vatana etc in the production of various type of product such raw materials available at Rajkot very easily main reason for such location of the unit are as follows:
  • 26. Page 26 AVAILABILITY OF RAM MATERIAL The most important factor, which is directly affected to the product, is the availability of raw material for producing the product. These respective product and its raw materials of Balaji Wafers are:- PRODUCTS RAW MATERIAL POTATO WAFER FARALI CHEVDO POTATOES MUNGDAL MUNGDAL CHANA DAL CHANADAL VATANA PEAS PEANUTS MASALA SING ROASTED PEANUTS SING BHUJIYA BESAN GROUNDNUT RATLAMI SEV BESAN, MATHDAL In addition to these iodized salt edible oil, chilly powder, black pepper etc all the raw material is required so whichever material is easily available at nearest place. Potatoes are purchased from Disa, Ahmedabad and Surat through dealers as per requirement.
  • 27. Page 27 ELECTIRICITY The availability of electric power is very essential for any unit where production is done 24 hours continuously. BALAJI WAFERS PVT LTD gets electricity from G.E.B. and in absence of G.E.B. light it can be operated by their own generators.  LABOR For running industry main essentially is the labor because without man any work is not start so, man is focus of any industry essential supply of labor is in required quantity is also taken into consideration while establishing an industry if the company can find skilled and experienced labor at minimum wage rate it can reach to its organizational goals in time in Rajkot city both skilled and semiskilled labours are available the level of education is also high in Rajkot. TRANSPORTATION For every industry transportation facilities have much important to run their work regularly and smoothly as to get raw material quickly as well as to supply their finished goods to the market. Rajkot has an all weather part so there is no problem of transportation for BALAJI WAFERS PVT LTD moreover Rajkot has all the facility of transportation except seaway like railway airway and road way etc it is well known that railway of Rajkot has the direct connection with the national railway line.
  • 28. Page 28 FACILITIES GIVEN TO TO THE EMPLOYEES It is the duty of any unit to provide beneficiary services to the employees of the unit.Balaji Wafers also provides many basic welfare facilities to the employees. This company provides the following beneficial facilities to the employees undertaken to the provision of the law. Facilities given to the employees are as follows:- 1. Bonus is paid every year. 2. It also provides transportation facility. 3. It also provides refreshment facility. 4. At the time of any accident during the course of employment the company provides first aid and hospital expenses. 5. Company also provides it s product at a concession rate to employees. 6. At the time of any family function of the employees company provide several facilities like gift articles etc. 7. Music and song at production place. 8. Lunch is also given to the employees at a rate of Rs. 5 per dish.
  • 29. Page 29 TURNOVER Turnover refers to total annual sales turnover so far as BALAJI WAFERS PVT LTD is concerned its annual turnover is around 3000 crores for all products. Now let us classify the turnover according to wafers and namkeen. Wafers 85% Namkeens 15%
  • 30. Page 30 TIME KEEPING SYSTEM Time is very important for any business unit any business unit as from the title time keeping system we can say that under this system the arrival and exit time of the employees is noted Balaji wafers is having mainly a general shift and in between they have a lunch break of one hour which is mentioned as follows. General shift 8am to 5 pm Lunch break 12 pm to 1 pm
  • 31. Page 31 CORPORATE GOALS AND OBJECTIVES Company has its own culture and identity in business world it is effort of the company to maintain identity and to be no 1 in global market company has fixed its goals and laid down some certain mission to achieve them. CORPORATE GOALS 1. To ensure quality at all stages. 2. To increase productivity and market share of the firm. 3. To increase the profitability of the firm. 4. Provide speedy services and satisfies the need and wants of the society. 5. To keep a slim and trim but fully satisfied management team to operate faster and to achieve higher levels of business and growth effectively. 6. To effort foreign customer and export the product in near future. OBJECTIVES Obviously primary objective of any company is to profit maximization but in present competitive marketing approach profit maximization should not be one and only goal but it is a short-term goal every company wants to increase prestige market share etc so wealth maximization becomes important goal of company which is also long-term goal of the company.
  • 33. Page 33 PRODUCTS OF COMPANY PRODCT ABOUT Introducing India's Very Own Stacked Chips with Sprinkle of sizzling chilli flavour. A Perfect Fusion of Crispy and Spicy. Introducing India's Very Own Stacked Chips with Sprinkle of Salt. A Perfect Fusion of Crispy and Savory. Introducing the good old potato wafers sprinkled with iodised salt for a mildly flavoured experience. Pure bliss of spicy Indian masala to shake things up a bit.
  • 34. Page 34 Give in to the sweet notes of tomato. Here’s a total brat of a flavour. Known for its spicy yet tangy yet minty yet salty character. One of the tastiest wafers around that will make you come back for its irresistible fusion of sour cream, herbs and spring onion. The Irrestible combination of the heat of the Chilli on Crispy Potato Wafers will leave your taste buds tingling.
  • 35. Page 35 Bite into the lush flavours of pepper, oregano and cheese and see yourself turn into a pizza lover in no time. Hand-cooked styled salted wafers hugely popular for being flavourful, crunchy and addictive. Hand-cooked styled wafers hugely popular for being flavourful and crunchy. Enjoy the fiery side of chilli in this one. Made for those who have a strong liking towards hard- bodied snacks. The rumbling patterns make for a super crunchy snack with jolts of pudina.
  • 36. Page 36 Finely sliced bananas; fried to perfection and moderately spiced with locally grown chillies. Finely sliced bananas; fried to perfection and delightfully peppered. Presenting the meal between meals. The quick fix. The one and only- masala noodles. Introducing the lip-smacking, taste bud tingling, highly addictive light-bodied crispy snack that will make you fall in love with it.
  • 37. Page 37 Packed with chatpata masala, these are all you need to curb your cravings. A Perfect combination of Western & Indian traditional Snacks. Crispy, Spicy, Utterly Delicious. Presenting the Classic Nachos with a Flaming Hot Twist. It will Rock your taste buds with Chilli & Lime. Juicy Ripe Tomatoes combined with select Aromatic Herbs will take your taste Buds to a whole new level.
  • 38. Page 38 Classic Nachos flavoured with a combination of Creamy Cheese and Sprinkled Chilli. Infused with tadka spice, this tube-like snack offers you a bold kick of flavours when you least expect. Scoopitos is an endless supply of light and crispy flavours. Scoopitos loves you back, you see. Made of corn and roasted to perfection, these are your guilt-free munchies, available in cheesy flavours.
  • 39. Page 39 Made of corn and roasted to perfection, these are your guilt-free munchies, available in masaledar flavours. Enjoy this simple melt in mouth combination of Sago Balls, Salt and Turmeric. Shaped like a wheel, this iconic snack will roll into your mouth and rock your taste buds with its masala and crunch. They are twisted. They get the party started. Presenting the Hot and Sour variant of this super tasty evening snack.
  • 40. Page 40 They are twisted. They get the party started. Presenting the Chinese variant of this super tasty evening snack. They are twisted. They get the party started. Presenting the tangiest variant of this super tasty evening snack. They are twisted. They get the party started. Presenting the spiciest variant of this super tasty evening snack. Enjoy Khata Mitha Mix. Enjoy the sweet and tangy play of flavours that will make your taste buds guess and yearn.
  • 41. Page 41 Enjoy Tikha Mitha Mix. Enjoy the sweet and spicy plays of flavours that will make your taste buds guess and yearn. Enjoy Rajwadi Chevdo. Enjoy the crispy and tasty fasting snack infused with raisins to recharge your palate. Enjoy Farali Chevdo. Enjoy its lightly spicy nature that is yummy, crispy and robust. Lip Smacking Indian Snack that melts in your Mouth. Relish the Spicy and Chatpata Flavour.
  • 42. Page 42 To all the chat lovers out there. Here's an interplay of spicy, tangy and sweet. Add to that, nostalgia! Enjoy Mung Dal. Enjoy its crusty layers of richness infused with black salt. Enjoy Chana Dal. Enjoy its sour yet spicy notes of chickpea, chilli and nutmeg. Enjoy Masala Peas. Enjoy its delicious mix of salt and chilli coated on peas.
  • 43. Page 43 Enjoy Shing Bhujia. Enjoy its seamless blend of garam masala and gram flour coated peanuts. Enjoy Nimbu Shing Bhujia ,Enjoy its seamless blend of nimbu infused crusty masala gram flour coated peanuts Protein and Vitamins packed peanuts with a Sprinkle of salt. Enjoy Anytime, Anywhere. Enjoy Masala Shing. Enjoy its seamless blend of garam masala, black salt and crusty peanuts.
  • 44. Page 44 Enjoy Aloo Sev. Enjoy the classic taste of chickpea in delicately peppered and lightly minted strands. Enjoy Classic Sev. Enoy the classic taste of gram flour in delicately salted and crunchy strands. Traditional Indian Snack with the perfect blend of Muth Flour, Clove, Chilli and Other Indian Spices. Enjoy Gathiya. Enjoy the crusty, fulfilling and popular Gujarati snack tossed in kali mirch, ajwain and hing. X`
  • 45. Page 45 Enjoy Ratlami Sev. Enjoy this offering from the Ratlam region of MP infused with chilli, hing, and ajwain. Enjoy Sev Murmura. Enjoy the symphony of sev and kurmura, as is or as a topping. Enjoy Masala Sev Murmura. Enjoy the symphony of masala, sev, and kurmura, infused with chilli and garlic. .
  • 47. Page 47 MANUFACTURING PROCESS The operations function essentially is a transformation process that accepts the inputs, and gives the outputs after adding value to the inputs. Thetransformation process is expected to generate an output. The transformation process is expected to generate an output described by market and this it should do in the most efficient way. Production process has to adopt itself to number of changing factors like capacity, lead-time, flexible trade-offs between material,labour and capital, trade-offs between volume and variety, etc. we cannot have the best process, it could only be the most acceptable process, given the different trade-offs. In BALAJI WAFERS PVT. LTD., production process is a well – planned process. In contains all that important stages, which is required to make a product well, accepted in the market. The well – planned production process of BALAJI WAFERS PVT. LTD. Is as follows: 1. The first of production process begins on receiving the order from the dealer.
  • 48. Page 48 2. Potatoes are placed on electric channel and washed properly. 3. After washing, they are brought for pilling purpose to thepeeling machine. 4. Once they are washed and finely peeled they are passed through a belt where labours remove off the spoiled potatoes. 5. After washing and peeling, they sent for cutting. There are different shapes in cutting machine; these shapes are arranged according to the need. 6. After washing, they are again sent for washing and after that forfrying purpose. 7. Once frying gets over again inspection is done to remove the broken pieces of wafers. 8. Once this process ends chips are placed in Spicer drum and necessary spices areadded to it. And than at last they are packed and dispatched.
  • 49. Page 49 DISPATCH PACKEGING FLAVOURING FRYING DRYING CUTTING & BOILING WASHING AND REMOVING POATATO OUT LATER GRAINDING RAW -MATERIAL
  • 51. Page 51 HR MANAGER • As a Human Resource officer: o Mitesh Patel • As a Human Resource Executive: o Bharatsinh Jadav • As a Manager, Human Resource: o Prashant Singh
  • 52. Page 52 EMPLOYEES DETAILS  In BALAJI WAFERS PVT .LTD. company many employees are working as it is one of the largest company in Gujarat having a very big turnover every year.  For that hard work is also required co- ordination. Mutual understandingisalsothekeypointineveryind ustry.  So in the company like Balaji their are near about5000 employees areworking.  All this employees can’t work together so their are working over hrs of a single employees decided and shifts are decided for everyemployees  There are 3 shifts of working and in that every employees is well introduced by the work he/she has to done and also well known by their authority and responsibility
  • 53. Page 53 WALFARE ACTIVITIES & EMPLOYEES AMENITIES It is the duty of any unit to provide beneficiary services to the employees. Balaji Wafers also provides many basic welfare facilities to the employees. Minimum Wage is given as per the rule of government. Bonuses paid every year. It also provides transportation facility. It also provides refreshment facility. At the time of many accidents during the course of the employment of the company provides first-aid and hospital expenses. Regular medical check-up is done of every employee.
  • 54. Page 54 Company also provides its product at the concession rate to employees. At the time of any family function of the employees company provide several facilities like gift articles.
  • 56. Page 56 MARKETING MANAGAER Senior Marketing Executive • Mr.Avinash Patel
  • 57. Page 57 Main Products and Brand Name
  • 58. Page 58 CHANNEL OF DISTRIBUTION Channel of distribution is a way or path through which goods transfer from the pace of production to the place of consumption. In other words channel of distribution is a pipeline by which customer or user can obtain. The product which can satisfy their needs. The producers cannot be in the market at all the time and in every places for selling their each units produced. Because they have no such time and again it costs them too much to go in the market and sell their product for this difficulty they take the help of middleman which include wholesalers, retailers, dealers, agents, distributors etc. all of these middlemen united create a channel through which goods are distributed smoothly. The middlemen are well acquitted with the position of market and hence they can distribute the company’s product easily. According to Philip Kotler, “marketing channel is set of interdependent organization which is involved in the process of making a product or service available for use of consumption.” Distribution system is divided into two parts or division they are:-
  • 59. Page 59 1 channel of distribution. 2 physical distributions. A distribution channel moves goods from producer to consumers. It overcomes the major time, place and possession gaps that separate goods and services from those who would use them. Members of the marketing perform many key factors, which are outlined as follows:- Help in production work. Financing the producers. Aid in contribution. Promotional activities. Matching demand and supply. Balaji Wafers is doing all these activities in well coordinated style. All the persons related with distribution channel are well experienced.
  • 60. Page 60 ROLE OF CHANNEL OF DISTRIBUTION In an ever widening market, particularly in consumer goods market, distribution channel have distinctive role in the successful implementation of marketing plans and strategies. These channels perform the following marketing functions in the machinery of distribution. 1. The searching out of buyers and sellers (contracting). 2. Matching goods to the requirement of the market (merchandising). 3. Offering product in the form of assortment of packages of item usable and acceptable by the consumers. 4. Persuading and influencing the prospective buyer to favor a certain product and its maker (personal selling sales promotion). 5. Implementation of pricing strategies in such a way that would be accepted to the buyer’s and ensures effective distribution. 6. Looking after all the physical distribution functions.
  • 61. Page 61 7. Participating activity on the creating and establishment of market for a new product 8. Offering pre and after sale services to customers 9. Transferring of new technology to the user along with the supply of product and playing the role of change agent. 10. Provide feedback, information and marketing intelligence and sales forecasting services for their regions to their suppliers.
  • 62. Page 62 LEVELS OF CHANNEL OF DISTRIBUTION The number of channel level can characterize the marketing channel. Each intermediary that performs work in bringing the products to the final buyer constitutes a channel level. Since the producer and the final customer both perform work, they are part of every channel. There are following type of channel of distribution.  Zero level A zero level channel is also called the direct marketing channel it consists of a manufacturer, selling directly to the final consumer. The major zero level channels are door to door sales, home parties, mail order etc. it depends on the type and nature of product and the requirement of the customer its diagram is as follows MANUFACTURER CUSTOMER
  • 63. Page 63  One level A one level channel contains one selling intermediary such as a retailer as most of the manufacturer uses only the retailing system. In this distribution system, the manufacturer supplies goods to the retailer only with sufficient guidance relating to the use of product and so on. Its diagram is as follows:-  Two levels A two level channel consist of two intermediaries. In consumer markets, they are typically a dealer wholesaler and retailer, when the manufacturer wants to cover a comparatively wider area of markets they use this channel of distribution. Its diagram is as follows:- MANUFACTURER RETAILER CUSTOMER
  • 64. Page 64  Three levels A three levels channel contains three intermediaries. In a company which wants to , distribute ,its product in a nationalized way or in a national level market they have to apply this channel of distribution under such circumstance s dealers are appointed in various regions, subsequently the product is moved to the customers through retailers. Its diagram is as follows:- MANUFACTURER DEALER RETAILER CUSTOMER MANUFACTURER DEALER SUB DEALER RETAILER CUSTOMER
  • 65. Page 65  Multi level Multinational companies which are having their distribution system in several countries, have to follow a multi channel. It may include four or more intermediaries make the product and reach to the customers. This method is convenient when; the customers are evolved in a huge region its diagram is as follows:- MANUFACTURER WHOLESALER DEALER SUB DEALER RETAILER CUSTOMER
  • 66. Page 66 So far as Balaji Wafers is concerned the product of this company is food product. They adopt a multilevel distribution system, which is as follows:- The company is having four distributors and 225 dealers. COMPANY CARRY & FORWARD DEAPARTMENT DISTRIBUTORS DEALERS RETAILERS CONSUMERS
  • 67. Page 67 MARETING MIDDLEMEN In essence, a channel of distribution include the original producer the final buyer and many middleman either wholesaler or those institution or those institution or individual in the channel, which either take a little to the goods or negotiate of sell in the capacity of an agent or broker. Thus, from the marketing point of view the middlemen and intermediaries are the same. In all commodity markets, whether primary or central, we have lots of middlemen acting as essential functionaries. On the basis of taking titles to goods these middlemen are divided into parts:- 1) AGENT MIDDLEMEN They are middlemen who do not take a little to goods, but help in the transfer of the title the agent are classified into  Broker  Commission agent  Sole selling agent  Manufacturer agent
  • 68. Page 68 2) MERCHANDISING MIDDLEMAN These intermediaries take both possession and title to goods in their own name. They are classified as into as follows:-  DEALER Dealers are person who buy or resale product at either retailer or wholesaler basis.  DISTRIBUTORWHOLESALER It is a general term used to mean wholesalers.  STOCKIEST This is a wholesaler but takes less active role compared to distributor.  RETAILERS A merchant or occasionally an agent whose business is selling directly to the ultimate consumer.
  • 69. Page 69 So far as BALAJI WAFERS PVT LTD is concerned it utilizes the merchant middlemen as a channel member. It includes the following intermediaries whose chart representation is as follows:- COMPANY CARRY & FORWARD DEAPARTMENT DISTRIBUTORS DEALERS RETAILERS CONSUMERS
  • 70. Page 70 DEALERS & DISTRIBUTOR & CARRY- FORWARD AGENTS 1) DEALERS AND DISTRIBUTORS By appropriate procedure the company appoints a dealer. This company has appointed many dealers and distributors all over the Gujarat. The company has 225 dealers and 4 distributors the company gives fixed commission on purchase the rate of commission is 7 to 7.5% there are no fixed quotas or no force to sell the minimum number of products. They provide service to dealers as per the demand and the delivery of the goods is done any where in Gujarat just within 2 days that is within 48 hours the name of distributors and some dealers of the company are :-
  • 71. Page 71 LIST OF DISTRIBUTORS 1. Mr. Vallabhbhai Kataria Kataria Enterprise Sole Distributor Saurashtra Gujarat 2. . Mr. Paras Kataria Kataria Enterprise Sole Distributor Saurashtra Gujarat 3. Mr. Anil Chandani Swami Lilasa Enterprise Sole Distributor Kutch 4. . Mr. Rimal Kataria Kataria marketing consultancy Sole Distributor Gujarat
  • 72. Page 72 LIST OF DEALERS 1. Mr. Hareshbhai Shanghvi Vimal Agency Junagadh 2. Mr. Mahebub Sorvani Akash Agency Porbandar 3. Mr. Pashidbhai Ramis Sales Agency Surendranagar 4. . Mr. Maheshbhai Mirani Jamini Enterprise Ahmedabad 5. Mr. Sanjay &Rakesh Atmiya Sales Agency Rajkot
  • 73. Page 73 CARRY FORWARD AGENTS In addition to dealers, company has appointed some carry and forward agents carry and forward agent play a vital role in passing goods from company to dealers. Dealers inform carry and forward agents and carry and forward agents inform the company about the material requisitions, and it is the responsibility of carry and forward agents to provide goods to the dealers. Kataria enterprise is the main carry and forward agent and it is also the marketing consultancy firm for the BALAJI WAFERS PVT LTD which is situated in Rajkot.
  • 74. Page 74 CHANNEL OF DISTRIBUTION Channel of distribution is the route or ways through which goods or services move from the place of production to place of consumption. In modern marketing so many channel of distribution exist. Channel of distribution have a vital role especially in the distribution of consumer goods. The most innovative product offered as an attractive price world is of no use unless there is as efficient distribution system. So far as Balaji Wafers is concerned its product is a consumer product so it mainly sale the product directly to its dealer’s and distributor not to consumer. However it has also a big distribution network at various places in Gujarat In case BALAJI WAFERS PVT LTD transportation and dispatch activities are performed by carry and forward agencies. The names of carry and forward agencies and their areas are given below Kataria enterprise:-  Suarashtra north Gujarat and south Gujarat Swami Lilasha enterprise:-  Kutch Atmiya agencies:-
  • 75. Page 75  Rajkot & nearest area There are total 175dealers of BALAJI WAFERS PVT ltd in all over Gujarat we can show the channel of distribution of the company is as follows Company Carry and forward department Distributor Dealers Retailers Consumers
  • 76. Page 76 PROMOTIONAL ACTIVITIES PRODUCT PLANNING Product planning means the planning for the product that is to decide what type of production is to be produced or what needs or requirement the product has to satisfy and for whom the product is meant. Product planning is an important concept for any industry. Every industry must plan its products as which result profitable for the company and satisfy the consumer wants So far as Balaji Wafers is concerned it mainly produces 1. Potato Wafers 2. Masala Potato Wafers 3. Banana Wafers 4. Banana Masala Wafers 5. Farali Chevdo 6. Ratlami Sev 7. Sing Bhujiya 8. Chana Dal 9. Peanuts 10. Mung dal 11. Vatana 12. Masala Sing It plans its product in order to maintain existing customers in fact BALAJI WAFERS PVT LTD does not require much of product planning it has a very good marketing network and also a very good market for its product.
  • 77. Page 77 PRICING POLICY Out of 6 Ps of marketing mix pricing is one of them price of the product is main element in any organization. Therefore, decision regarding price is the most vital decision for a marketing manager. Right price can promote sales of the company. While wrong price affects the sales of the company largely, so mixing of price is more important than all other tasks. Pricing is an important element of the marketing department. a company has to setup the pricing policy considering so many factors such as demand, competition, government interference etc even company has its own pricing policy. BALAJI WAFERS PVT LTD is in concerned the company tries to keep least prices than competitors price lower prices are there because of their minimum advertisement cost. The company has adopted retail pricing policy under the policy the company binds the retailers to sale the branded goods at the fixed rate decided. TARGET AUDIENCE AND COMPETITORS.  TARGET AUDIENCE
  • 78. Page 78 The target customers means the target is fixed based on level of customer’s age, sex, needs, wants, demand, competition, and changing fashion of the society. As far as Balaji Wafers is concerned the market of the company is evolved and large the product of “BALAJI" is a food product so the main audience of the company is children and young people.  COMPETITORS The following are the competitors of BALAJI WAFERS PVT LTD 1. Ruffles Lays 2. Uncle Chips 3. Samrat 4. Laher 5. Kurkure
  • 79. Page 79 ADVERTISEMENT Advertisement is an important aspect in marketing. It is concerned with the preparation of visual and oral messages for making people aware of and favourably inclined towards product, brand, service, quality and institution and so on. The ultimate aim of advertising is to contribute towards increase sales and to increase profit. It is a specialized technique of popularizing the product and is indispensable in the marketing of goods. Advertising is a powerful promotion tool to establish and retain brand loyalty, whether a company is introducing new products or expanding the existing one. Advertising is inevitable in this modern competition market. It can be done through various ways. So far as “BALAJI” is concerned it also spent a good amount on advertising. It makes advertising by following ways: - 1. Lighting board 2. Banners 3. Kitchen 4. Calendar 5. Wall painting 6. Wall clock BRANDING, PACKING AND SLOGAN
  • 80. Page 80  BRANDING The word brand is a comprehensive term. The brand is to name or mark is a proof of ownership it means a signor symbol of quality. it is the best means of advertising and positioning in the market branding is the best means of capturing and retaining the consumer demand in a competitive market the marketer can create brand equity, brand loyalty and brand image for his products only through branding BALAJI WAFERS PVT LTD has the brand name as “BALAJI”.  PACKAGING packaging may be defined as the general group of activities in the planning of a product these activities concentrate on formulating a design of the package and producing an appropriate and attractive container or wrapper for a product the container itself can act a forceful though silent and colorful salesman at the point of purchase or an effective medium of advertisement encouraging impulse buying many a time , package design itself can act as a register brand, packaging is necessary to present flowing out of such liquid. It is essential to maintain freshness and quality; it can prevent the danger of adulteration In BALAJI the packing is done by fully automatic packing machine. They are able to prepare 180 to 100 packs in 1 minute.
  • 81. Page 81  SLOGANS The entire well known companies have selected an effective and meaningful slogan to communicate with their customer about the product in very few words it is the explanation of the product in one line in emotional way the slogans with right meaning attract the consumer to purchase the particular product forever. Balaji has the following slogans:- IN ENGLISH “Any time crunchy All time fresh” IN GUJARATI “Jyare pan khav karkari ane taji” MARKETING RESEARCH
  • 82. Page 82 Marketing research is the systematic collection analysis and separation of idea and reading and relevant marketing situation facing the company it is highly necessary in this modern competitive age. A company can conduct marketing research in different ways company can hire a marketing research firm also however, most of the large companies have their own marketing research department because in this competitive age no firm can remain careless about a single change in market. BALAJI WAFERS PVT LTD has its own research and development department which is handled by Mr. Keyur Virani marketing research manager prepares actual reports about the market and submit the marketing research manager and to understand the problems regarding marketing. Research is conducted indifferent marketing factors like product and service, sales, advertising, pricing, distribution packing etc.
  • 84. Page 84 FINANCE MANAGER Account officer: Pankaj Basotia. Finance Specialist : Bharat bhai Parmar.
  • 85. Page 85 FINANCIAL PLANNING One of the most important functions of finance manager is that of planning. Financial planning is essentially concerned with judicious procurement and profitable use of funds – a use which is determined by realistic inventories decisions. Financial planning helps management to avoid waste by providing policies and procedures which make possible a closer coordination between various functions of the business enterprise. Financial planning is responsibility of top level management. Finance guides and regulates investments decision and expenditure. To get the best out of the available funds is the major task of finance manager.Finance is common denominator for the vast range of corporate objectives andmajor part of any corporate plan must be expressed in the financial terms. Planning BALAJI WAFERS PVT. LTD. Does a systematic financial 25% to 50% of finance is provided the company first decides the project and then the finance is procured from banks To avoid wastage of finance the company first decides the project and then the finance is procured.
  • 86. Page 86 SOURCE OF FUND A financial plan has to be prepared for the purpose estimating short term and long term needs of finance to company. Capitalisation is the sum total of all kinds of long term securities as well as surplus which are not mean for distribution. The amount of capital at any time should not exceed not should be less than the amount required in both the situation company will be the loser. Capitalisation means the total amount of a company capital of total volume of its capital stock. In other words, we can say that the capitalisation means the total borrowed capital and ownership capital of the firm. If the resource funds and retained profit increases with growth of company it means capitalisation of the company is increasing. BALAJI WAFERS PVT. LTD. sees to it that it collects optimum capital. Its share capital of Rs. 42,38,000. And also has borrowed capital of secured loans of Rs. 4,21,22,828
  • 87. Page 87 FINANCIAL INFORMATION  Operating Revenue 500Cr(31march2019)  Profit After tax 188Cr (31march2019)  Debt Equity ratio 0.04% (31march2019)  Net worth 11.37% (31 march2019)  Paid-up Capitalism INR52.90Cr.as per the records, held on 30 sep.2019  The company reported revenue of INR. 1440 Cr and profit after taxofINR.188Cr.
  • 88. Page 88  As on 31 march 2019 the net worth of the company stood at INR. 800Cr.  AUTHORISED CAPITAL INR 300.0lacs.  PAID OF CAPITAL INR 52.53 LACS.  CATEGORY Company limited by shares
  • 89. Page 89 CONCLUTION BALAJI WAFERS PVT LTD is the adventure of Gujarati Family. It is located at GIDC Rajkot and almost all the cities of Gujarat they have their dealers. In this company the internal relation between the workers and management are very well. All the workers and management behave with each other as family members. It is the plus point of the company. The management of the company is well planned and very effective. On the point of completing this visit report I am concluding that BALAJI WAFERS PVT LTD is very well developed, well organized and progressive company. My heartily best wishes are always with them for their great sparkling and bright future.
  • 90. Page 90 SWOT ANALYSIS The following are the strength, weakness, opportunity, and threats of BALAJI WAFERS PVT LTD:-  STRENGTH 1. Balaji is an established brand in region of Gujarat hence it enjoy very good brand name. 2. Balaji has a strong distribution network in Gujarat. 3. Balaji is the first company to launch the wafers in Gujarat market. 4. Company gives healthy profit margin to retailers so they are also very satisfied with company’s product. 5. To maintain quality at any cost is the first and strong object of the company. 6. Balaji having the one and only fully automatic plant for production in Gujarat. 7. Balaji has a long experience in relating region of Gujarat. Hence it can use them as an advantage to establish its leaders in the market.
  • 91. Page 91  WEAKNESS 1. Balaji does not aggressively advertise on T.V. or in other media. 2. In this company there is no facility of own warehouse.  OPPORTUNITY 1. Balaji is a well known established brand in wafer market in Gujarat. Hence it can use its brand name further established itself in the national market. 2. As the real income of the people increases day by day, there are lots of avenues that can be explored by the company to attract potential market in the urban, semi urban and rural areas. The company is now launching the products in Maharashtra state.  THREATS:- Balaji switching amongst consumer has increased due to new entrances offering various products in the market so it may be possible that the regular customer of BALAJI start trying to buy other brands of wafer. Hence the company must keep upgrading its product list to suit and match the faster and ever changing demand of customer and to give them maximum satisfaction.