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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ______________)*
The Indus Group, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
455784 10 8
- --------------------------------------------------------------------------------
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing of this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 5 Pages
<PAGE>
<TABLE>
<S> <C> <C>
- -------------------------------------- --------------------------------------
CUSIP No. 455784 10 8 13G Page 2 of 5 Pages
- ------------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Richard W. MacAlmon
- ------------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
- ------------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- ------------------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 1,402,500
SHARES ----------------------------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY EACH N/A
REPORTING ----------------------------------------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
1,402,500
----------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
N/A
- ------------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,402,500
- ------------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ------------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.5%
- ------------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------------------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTION BEFORE FILLING OUT
</FN>
</TABLE>
<PAGE>
CUSIP No. 455784 10 8 Page 3 of 5 Pages
--------------------
Item 1.
(a) Name of Issuer
The Indus Group, Inc.
(b) Address of Issuer's Principal Executive Offices
60 Spear Street
San Francisco, CA 94105
Item 2.
(a) Name of Person Filing
Richard W. MacAlmon
(b) Address of Principal Business Office or, if none, Residence
60 Spear Street
San Francisco, CA 94105
(c) Citizenship
USA
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
455784 10 8
Item 3. N/A
<PAGE>
CUSIP No. 455784 10 8 Page 4 of 5 Pages
--------------------
Item 4. Ownership
(a) Amount Beneficially Owned
1,402,500
(b) Percent of Class
7.5%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote - 1,402,500
(ii) shared power to vote or to direct the vote - N/A
(iii) sole power to dispose or direct the disposition of - 1,402,500
(iv) shared power to dispose or direct the disposition of - N/A
Item 5. Ownership of Five Percent or Less of a Class
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
N/A
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company.
N/A
Item 8. Identification and Classification of Members of the Group
N/A
Item 9. Notice of Dissolution of Group
N/A
<PAGE>
CUSIP No. 455784 10 8 Page 5 of 5 Pages
--------------------
Item 10.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer of such securities
and were not acquired in connection with or as a participant in any transaction
having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 6, 1997
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Date
/s/ Richard MacAlmon
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Signature
Richard MacAlmon, Senior V.P.
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Name/Title