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ADVENT INSTITUTE OF MANAGEMENT SCIENCE AND TECHNOLOGY
________________WORKING CAPITAL MANAGEMENT______________
Post Graduate Diploma in Management
(2009-2011)
Semester III
Submitted to: Submitted By:
PRIYANK PALIWAL Pratik Mundra
Designation
Lecturer in AIMST
PREFACE
The main motive behind the summer training of the PGDBM Programme is to provide the practical aspect of the organization’s working environment. This training helps us to visualize and realize about the congruency between the theoretical learning in the college and the actual practices of the management. This overall project gives us an insight into actual corporate world apart from a pure theoretical environment of the classroom. It allows us to face the world full of ups and downs and to get a glance of the future corporate world in which we are going to enter.
My summer training project at R.K.Marble Pvt.Ltd is a complete experience in itself and it has become an inspirable part of my knowledge of management being learned in PGDBM Programme.
This project is based on to have an overview of management of working capital and to know about how the companies are managing their funds, cash and day to day transactions.
ACKNOWLEDGEMENT:-
It gives me immense pleasure to present this project report on Working Capital Management carried out at R.K.Marble Pvt. Ltd. In partial fulfillment of Post-Graduation Diploma in Business Management.No work can be carried out without the help and guidance of various persons.I am happy to take this opportunity to express my gratitude to those who have been helpful to me in completing this project report.
At the outset I would like to thank Mr. Rajendra Mathur (Asst. Chief Accountant of finance Dept.) for their valuable advice and guidance.
I am also very thankful to Mr. R.B.Mehta (Vice President) who supported me and entertained me in the company. I also thank to all staff members of account department for helping me to complete the summer internship program.
I would be failing in my duty if I do not express my deep sense of gratitude to Mr.Priyank Paliwal without his guidance it wouldn’t have been possible for me to complete this project work.
Pratik Mundra
Company Profile:-
The Company R. K. Marble Private Limited was established in 1989 by the Patni group of
Kishangarh-District Ajmer to help serve increasing National and international demands for Indian
marble. Since then we have enjoyed exponential growth and export to many markets worldwide
including European Union countries, the Middle East, Japan, other parts of Asia, China and North
America etc.
"The seagull who sees farther, flies higher" living up to the immortal words of Johanthan Swift,
Mr. Ashok Patni established the first processing unit at Rajasthan (with an installed capacity of
one lakh cu. ft. marble slabs Per Annum) and never looked back. The company now has 14
Gangsaw machines. In November 1993 was the time, when state government took a step forward
to allot a virgin marble mine on lease to R. K. Marble at Morwad, Distt. Rajsamand in Rajasthan.
By the touch of sheer hard work, guts, burning inner desire to reach unprecedented heights and
fulfilling their dreams "the trio" converted these marble mines to gold mines. Morwad from which
the stone takes its name is a remote village in the eastern part of Rajasthan, India.
Today the name Morwad Marble from R. K. Marble group has become almost generic for a whole
range of white and semi-white types of marble, which are extracted from these locations.
The popularity of this range of marble continues to grow at an astonishing rate and it is marketed
in large quantities. The white background with light gray veins corresponds with nearly everyone's
perception of the most beautiful marble and architects for many of the India's important buildings
suggest it.
Zoom into the corner stone of Majoli, In Madhya Pradesh , India to scale the magnetic fascination
of an ISO 9001 : 2000 adorned Guinness Record Holder, engaged as the largest producer of
marble in the world. Bedecked with most sought after gadgets, the exotic Majoli mine is the most
coveted breeding ground of world's choicest Wonder Marble that's wondrous and splendid in
myriad hues.
Wonder Marble's colour panorama and innate design makes it the right choice for flamboyant
users. Our fascinating range can be floored to encompass living rooms, drawing arrangements,
dining spaces, hotel lobby's, pool sites, wall claddings, special lounges and many more. Among its
endless usages left for creative imagination, some could be - artifacts and decorative objects