1.1 Basis of preparation of financial statements
 
 The financial statements have been prepared and presented under the
 historical cost convention on the accrual basis of accounting and
 comply with the Accounting Standards issued by the Institute of
 Chartered Accountants of India (''ICAI'') and the relevant provisions of
 the Companies Act, 1956, to the extent applicable.
 
 1.2 Use of estimates
 
 The preparation of financial statements in conformity with generally
 accepted accounting principles (''GAAP'') requires management to make
 estimates and assumptions that affect the reported amounts of assets
 and liabilities and disclosure of contingent liabilities as of the date
 of financial statements, and the reported amount of revenue and
 expenses during the reporting period. The estimates and assumptions
 used in the accompanying financial statements are based upon
 management''s evaluation of the relevant facts and circumstances as of
 the date of the financial statements. Actual results may differ from
 the estimates used in preparing the accompanying financial statements.
 Any revision to accounting estimates is recognised prospectively in
 current and future periods.
 
 1.3 Fixed assets and depreciation
 
 The Company values its Fixed Assets on written down value. Depreciation
 is charged as per the rates prescribed by the Companies Act, 1956. The
 company practices reducing balance method for charging depreciation on
 Fixed Assets.
 
 1.4 Intangible Assets
 
 The Company does not own any Intangible Assets.
 
 1.5 Going Concern
 
 As at March 31, 2012 the Company has accumulated Profit of
 approximately Rs. 302.18 Lacs (Previous year - Rs. 241.95 Lacs).
 
 Accordingly, these financial statements have been prepared under the
 going concern assumption.
 
 1.6 Income
 
 (i) Income from investment and derivatives trading in Shares is
 recognised on Accrual Basis
 
 (ii) Dividend income from investments is recognised when the Company''s
 right to receive payment is established.
 
 1.7 Employees Retirement benefits
 
 The Company provides for retirement benefits in form of gratuity. Such
 defined benefits are charged to the Profit & Loss Accounts, as
 applicable, as incurred.
 
 1.8 Foreign Currency Transactions
 
 Company does not have any transaction involving foreign currency.
 
 1.9 Investments
 
 Long term investments are stated at cost. Cost includes brokerage and
 other directly related payments made for acquiring investments.
 Provision, where necessary, is made to recognise a diminution, other
 than temporary, in the value of the investments. Current investments
 are stated at lower of cost and fair value.
 
 1.10 Inventories
 
 Company does not possess any inventories.
 
 1.11 Taxation
 
 Income tax expense comprises current tax (i.e. amount of tax for the
 period determined in accordance with the income tax law) and deferred
 tax charge or credit (reflecting the tax effects of timing differences
 between accounting income and taxable income for the period.) Provision
 for current Income taxes is made at the tax rate applicable to the
 relevant assessment year. The deferred tax charge or credit and the
 corresponding deferred tax liabilities or assets are recognised using
 the tax rates that have been enacted or substantively enacted at the
 balance sheet date. Deferred tax assets are recognised only to the
 extent that there is a reasonable certainty that the assets can be
 realised in future; however, where there is unabsorbed depreciation or
 carried forward loss under taxation laws, deferred tax assets are
 recognised only if there is a virtual certainty of realisation of such
 assets. Deferred tax assets are reviewed as at each balance sheet date
 and written down or written up to reflect the amount that is
 reasonable/virtually certain (as the case may be) to be realised.
 
 1.12 Earnings per share (''EPS'')
 
 The basic earnings per share is computed by dividing the net profit
 attributable to the equity shareholders for the period by the weighted
 average number of equity shares outstanding during the Year ended March
 31, 2012.
 
 1.13 Provisions and contingent liabilities
 
 The Company creates a provision where there is present obligation as a
 result of a past event that probably requires an outflow of resources
 and a reliable estimate can be made of the amount of the obligation. A
 disclosure for a contingent liability is made when there is a possible
 or a present obligation that may, but probably will not require an
 outflow of resources. When there is a possible obligation in respect of
 which the likelihood of outflow of resources is remote, no provision or
 disclosure is made