There are many unlisted companies …. More about that later
Lets now take a look at the Seengal family
Father suresh kumar (mr.)
Directorships
cdi education pvt.ltd.
premier brands pvt.ltd
radiant films ltd
(son of mr.Om Prakash Seengal Mr.Suresh Kumar,Chairman & Director is an Electrical Engineer from IT-BHUand an MBA, Post Graduate Diploma in Export Management. He has been advisor to Birla Group. He is well connected person with 28 years rich experience in business environment. He has travelled to more than 60 countries and is also on the board of many well known companies.
Mother rashmee seengal (ms.)
(daughter of mr.shadi lal grover)
director in
compact disc (listed )
laser infomedia ltd
seengal animation pvt.ltd
seengal capital advisors pvt.ltd
Mrs. Rashmee Seengal has over three decades of experience in managing business. She has leadership qualities and a decade's expertise in creation and distribution of content for media and entertainment industries.
ooops sorry i forgot suresh kumars 89 year old mother in law
Daughter divya seengal (ms.)
director in
celluloid dreams pvt.ltd.
(daughter of mr.suresh kumar seengal) age 27 education msc –it system
ms. divya seengal aged about 26 years is m.sc. (hons.) in i.t. systems. she joined kpmg after completing her education. she left the job and promoted a company under name celluloid dreams pvt. ltd.
all data from directrorsdatabase.com
Son gautam seengal
Source http://www.linkedin.com/in/gautamseengal
Presently, Mr. Seengal is working as Managing Partner for VC Hunt Special Opportunity Fund (www.vchunt.co.in). VC Hunt Special Opportunity Fund is SME focus global fund with opportunities to fund deals across real estate, hospitality, media, technology among others. Mr. Seengal is also working as Managing Director for Pariscope Financial (www.pariscope.co.in).Managing Director at Pariscope Financial - Multi-Focused Advisory Organization
The 2 listed companies are Compact Disc India and Total exports
Compact Disc is going at a 0.7 PE and no matter how many exciting announcements the company puts out in the bse the price refuses to move up
While CDI stagnates the other seengal group group company total exports seems to be about to be totally pumped and dumped its gone up 100 percent in february 2011 and will probably soon overtake the 0.9 PE compact disc
Unlisted companies where the Seengal family (father Mother son and daughter) are directors and promoters is
Laser infomedia ltd
Seengal animation pvt.ltd
Seengal capital advisors pvt.ltd
Pariscope Financial Advisor Pvt Ltd
Special Opportunity Fund at VC Hunt
Global Resort & Spa Ltd.
Cdi education pvt.ltd.
Premier brands pvt.ltd
Radiant films ltd
Celluloid dreams pvt.ltd
There probably are more pvt companies hidden away but this list is easily verifiable as being controlled by the seengal family
Heres a 1996 article on Suresh Kumar Seengal
Mumbai cops seek probe into Seengal activities
BSCAL September 24,1996
Source http://www.business-standard.com/india/storypage.php?autono=3328
The crime branch of Mumbai police has written to the Securities and Exchange Board of India (Sebi) to probe into the activities of the Seengal group and of Suresh Kumar Seengal for allegedly floating fake companies and garnering money from public issues.
The letter has evoked no response from the regulator so far, according to Mumbai crime branch deputy police commissioner (economic offences) Sanjay Pandey, who wrote the letter.
Suresh Kumar, who has now floated a new company Global Internet Limited, which is set to launch Plus 21, the country's first adult channel, had earlier come out with two public issues for Compact Disc and Total Exports, raising about Rs 9.20 crore, allegedly without any plant or factory to manufacture the items the companies were supposed to.
When contacted in Chandigarh Suresh Kumar said that he was just an employee of Global Internet and claimed the company was actually promoted by three non-resident Indians, whose names he refused to divulge.
The Chandigarh-based company has the same address, telephone and fax numbers as Compact Disc and Seengal Hotels, promoted by him.
While the new project profile of the Global Internet does not talk about any public issue plan, an earlier profile of the same company, a copy of which is available with Business Standard, shows it had plans to raise Rs 55.74 crore through public issue and another Rs 3.52 crore through term loans and from other modes. The channel planned earlier was entertainment-oriented covering India, Pakistan, Bhutan, Bangladesh, Sri Lanka and Nepal.
However, the plan to go public was shelved after Sebi called off another public issue by the Seengals, that of the Rs 5.54-crore Seengal Hotels, on September 4, 1995, just a day before the issue was scheduled to open for having concealed a fact on litigation.
In the case of Compact Disc India Ltd, which promised to manufacture and sell compact discs at a low price of Rs 90, the company had claimed to have a plant at Gurgaon.
However, a retired army officer and an ex-employee of the company and the officials of Contour Advertising agency, which had earlier handled two new-issue campaigns for the Seengals, said after visiting the site that there was no plant at Gurgaon to manufacture compact discs.
Suresh Kumar, when questioned about Compact Disc, lost his temper and said, Don't ask me anything about Compact Disc.”
Information furnished in the prospectus of Compact Disc India, like a buy-back arrangement with a UK-based company Delta Disc, had also come under suspicion as Delta UK denied having any such arrangement with the Seengal company and challenged the existence of any company by the name Delta Disc, UK.
A source said Seengals Petrochem Products, a company floated about a couple of years ago by Suresh Kumar to provide dealership for liquefied petroleum gas connections for a fee of Rs 500, had also come under suspicion.
A total amount of Rs 26 lakh had been collected under the scheme, a source said.
There are two receipts available with Business Standard to show that the amount had actually been collected. But, so far, no gas connection has been provided to anybody.
There is no plant for Total Exports — housed in the same building as the Petrochem Products — to manufacture duplicate micro-floppy diskettes.
THAT WAS IN 1996
NOW CUT TO 2011 AND SEE THE SON GAUTAMS PROFILE PAGE ON LINKED IN DÉJÀ VU ANYONE?
Source http://www.linkedin.com/in/gautamseengal
Gautam Seengal's Summary
Presently, Mr. Seengal is working as Managing Partner for VC Hunt Special Opportunity Fund (www.vchunt.co.in). VC Hunt Special Opportunity Fund is SME focus global fund with opportunities to fund deals across real estate, hospitality, media, technology among others. Mr. Seengal is also working as Managing Director for Pariscope Financial (www.pariscope.co.in). Pariscope is young enterprise catering to the growing needs of financial advisory services, wealth management, depository and portfolio management services. He is also working as Director for Global Resort & Spa Ltd. Global Resort & Spa Ltd. (www.globalresorts.in) is 25 years old, closely held limited organization with plans to setup luxurious resorts in Goa, Kerela and Jaipur. The company is also planning to launch 'Chicken Express' an international food chain with setting up 100 retail outlets and 30 fine dine restaurants in India within the next few years.
Prior to this Mr. Seengal was working as Managing Partner for Acumen Capital US$ 400.00 million private equity fund with sectoral investments approach in TMT (Technology, Media and Telecom), Life Sciences and Healthcare, Hospitality and Energy & Resources. He was also the Managing Director of Compact Disc India Ltd. (CDI). He has been instrumental in CDI emerging as the largest outsourcing film Animation Company in South Asia with present assignments worth US $40 million in 2D and 3D animation. He has been instrumental in the company’s 360 % growth in the last 5 years of operation. Under his leadership, CDI has set up offices and animation studios in Singapore and Malaysia, and a state-of-the-art production centre at Trivandrum. Gautam has successfully implemented projects worth $117.89 million in animation outsourcing and co-production.
SO IN 1996 SURESH KUMAR WAS ALLEGEDLY FLOATING FAKE COMPANIES AND GRANERING MONEY FROM THE PUBLIC IN 2011 THE SON WITH AN MBA FROM WALES MAY BE DOING SOMETHING SIMILAR USING THE PE ROUTE
