Neueon Towers Ltd Company Summary

Neueon Towers Limited (Formerly known as Sujana Towers Ltd), a part of Sujana Group, was incorporated on April 06, 2006 in Andhra Pradesh led by the Promoters, Y S Chowdary, G Srinivasa Raju and their associates. The Company manufactures galvanized steel towers used in the power transmission and telecom tower sectors. It set up two large-scale units at IDA Bollaram Industrial Estate in Hyderabad. And the Company got primarily engaged in the business of Iron & Steel products, more specifically Transmission/ Telecom Towers and TSF products.The Company is ISO 9001:2001 certified , among few of their kind in the country and also obtained approvals for supply from PGCIL, various State Electricity Boards and BSNL. The company was formed on demerger of the Tower Division from Sujana Metal Products Ltd pursuant to the Scheme of Arrangement and Amalgamation and got listed with Bombay Stock Exchange with effect from August 21, 2007. In 2006-07, the company completed the expansion of galvanized tower facility to 128,125 TPA in two phases. The first phase became operational in September 2006 and the second phase was completed by March 2007.During the financial year 2007-08, the company acquired 100% equity in Digitech Business Systems Ltd, Hong Kong for an amount of USD 5001 to cater the needs of the customers located at Hong Kong. The company incorporated Sujana Transmissions Ltd at Hyderabad exclusively for the purpose of undertaking transmission business of power sector in India.In June 2008, the company acquired 51% shareholding in an African telecom infrastructure company, namely Telesuprecon Ltd, which had their branches at Blantyre in Malawi, Nairobi in Kenya and Lusaka in Zambia for providing infrastructure facilities of both telecom and transmission towers. It further set up a manufacturing plant in Chennai with a capacity of 100,000 tonne per annum.Honble NCLT, Hyderabad bench, Hyderabad ordered the commencement of the Corporate Insolvency Resolution Process of theCompany and as such, the Company has been under CIRP since 03-06-2019.

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Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

Neueon Towers Ltd Company Summary

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

MARKET

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ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.