SIKKIM CONSUMER CO-OPERATIVE SOCIETY LTD.

The Sikkim Consumers’ Cooperative Society Ltd., Gangtok was registered on 24.6.1975 under the Sikkim Cooperative Societies Act of 1955. The society was setup especially for distribution of controlled cloths and other essential commodities at reasonable rates to the public under the centrally sponsored scheme.

The area of operation of the society extends to the whole of State. The society has its outlets at Mangan, Namchi, and Gyalshing. The society presently is mostly dealing on supply of office stationeries to the State and Central Government Departments and also to non-governmental organisations.

Table below shows share capital, membership, working capital, financial position etc. of Sikkim Consumer’ Co-operative Society Ltd.

(Rs. in lakhs)

S1.No

Particulars

2002-03

2003-04

2004-05

2005-06 2006-07 2007-08

1.

Individual Membership

355

355

355

355 355 355

2.

Number of branches

3

3

3

3 3 3

3.

Paid up Share Capital

17.09

17.09

17.09

17.09 17.09 17.09

(i)

Of which State Govt.

16.73

16.73

16.73

16.73 16.73 16.73

4.

Reserves

22.24

24.34

49.51

54.21 55.40 5826

5.

Working Capital

132.69

142.17

142.17

160.30 156.78 163.09

6.

Turnover Business

321.64

236.31

262.45

262.91 285.40 353.38

7.

Profit/Loss

10.94 (NP)

8.43(NP)

11.02 (NP)

7.01(NP) 3.52 (NP) 6.32(NP)

 

Graph showing business status of Sikkim Consumers’ Coop. Society Ltd.