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INDEX 1 DECLARATION 2 EXECUTIVE SUMMARY 3 DESCRIPTION OF PROMOTER 4 DESCRIPTION OF ENTERPRISE 5 ECONOMIC VIABILITY AND MARKETABILITY 6 TECHNICAL FEASABILITY 7 FINANCIAL PROJECTIONS 8 PROFITABILITY ANALYSIS 9 RELEVANT DOCUMENTS

Index

TS

Textile Industry - Overview

Contributes to 4 % to GDP and 17 % to Indias Export Earnings

Provides employment to over 35 mn people According to the Confederation of Indian Textile Industry (CITI), the potential size of the Indian textiles industry is expected to reach US$ 110 billion by 2012

Key Segments of Textile Industry

Textile Industry Advantage to India

Sources: Ministry of Textiles 200809 annual report; Note on sericulture and the silk industry, Ministry of Textiles

Man-Made Staple Fibre And Filament Yarn Industry

Cont2
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Man-Made Staple Fibre And Filament Yarn Industry

Company Snapshot
Incorporated in 1988 by Mr. Shankarlal Somani and his family to carry on the business of Polyester. First plant set up in 1993-94 to manufacture Polypropylene Multifilament Yarn (PPMFY) with installed capacity of 1500 TPA. Gradual expansion in Polyester Filament Yarn (POY), Polyester Filament Yarn (FDY) and PET Chips with current installed capacity of 1,00,000 TPA. Among the best quality manufacturers in India, for producing dope dyed polypropylene yarn in which accuracy and uniformity of color is guaranteed. Products marketed under the brand name SUMILON; approximate share of 20% in India. Received a Star Export House status by Ministry of Commerce & Industry in 2004-05. Maiden public issue in December 1992; listed on BSE & NSE.

Company has shown tremendous growth with 343% CAGR of Turnover (FY06FY10) and 1179% CAGR of Profit after Tax (FY06-FY10).

Sumeet Industries Limited - Overview

Products Overview

P. P. Multi Filament Yarn (PPMFY)

Polyester Filament Yarn (POY)

Polyester Filament Yarn (FDY)

Pet Chips

3,900 Tons

36,000 Tons

17,000 Tons

47,000 Tons

Annual Capacity

Sumeet Industries Limited - Overview

Products Overview

POLYESTER

PET CHIPS

TEXTURISED

POY / FDY

POLY PROPYLENE

POY
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CRIMP

TWISTED

Journey thus Far - Milestones and Achievements

2010 2009 2009 2007 2006 2005 2004 1999 1997 1995 1995 1993 1992 1988

This Prestigious Expansion cum Backward Integration Plan completed with total investment of Rs. 150.00 Crores and increased companys capacity from 12000 tons to 100000 tons (More than 8 times) Commissioned 6 MW Gas based Genset Captive Power Plant, enhancing the capacity of captive power generation by 8.5 MW The Company has commissioned fully imported C.P. PLANT (Continuous Polymerization Plant) of 288 tones per day capacity or 100000 tones per annum as Expansion cum Backward Integration Project The Company converted its coal based power plant of 2.5MW to Gas based Gen Set Power Plant for further reducing its power cost. The Company has tie-up with Gujarat Gas Company for supplying the Gas through Pipeline for the said Power Plant Installed 60 Water Jet Looms to manufacture 3.5 Million meters Woven Fabric per annum Installed Polyester Spinning Plant to manufacture 12000 MT Polyester Filament Yarn (POY) per annum with capital investment of Rs. 300 Million Installed coal based power plant of 2.5 MW for captive power generation with capital investment of Rs. 60 Million Increased the capacity of Texturising & Twisting to 3900 MT & 2000 MT respectively per annum Increased the capacity of Polypropylene Multifilament Yarn to 3900 MT per annum with capital investment of Rs. 144 Million Change of Name of the Company (Sumeet Synthetics Limited to Sumeet Industries Limited) Installed capacities of Texturising & Twisting of 1500 MT per annum for value addition with total project cost of Rs. 45 Million Installed capacity of 1500 tons per annum of Polypropylene Multifilament yarn with total project cost of Rs. 200 Million Conversion from Private Limited to Public Limited Incorporation of Sumeet Synthetics Private Limited

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Business Strategy

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Competitive Strengths

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Experienced Promoters
Name & Designation Mr. Shankarlal Somani
Chairman and Executive Director

Education
Graduation in Commerce from University of Rajasthan

Profile Over 3 decades of experience in the textile industry Plays a key role in management of our Company Has served social prestigious posts like Managing committee member of Sarvajanik Education Society and Shri Maheswari Vidyapeeth Has experience of about 28 years in the textile industry Instrumental in establishing a Polyester Filament Yarn and Twisted & Texturised Yarn plants Looking after Companys expansion plan Rs. in Lakhs and future business planning with core management of the Company He is managing a process house SANYA FASHIONS and Priyanshi Creations Private Limited at Surat

Mr. Rajkumar Somani

Bachelors degree in Commerce from University of Rajasthan

Managing Director

Mr. Sumeet Somani

Whole Time Director

M.Com from South Gujarat University, D.B.M. from S. P. Jain Institute of Management & Research, Mumbai

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Export Turnover
The products manufactured by Company are at par with International Quality Standards During the current year i.e. 2010-11 Company expect to achieve export turnover of Rs. 540 Million in comparison to Rs. 114 Million in last year, about 480% increase in Y.O.Y basis

U.S.A.

ARGENTINA

INDONESIA

SRI LANKA

SOUTH AFRICA

EGYPT

SAUDI ARABIA

SPAIN

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Objects of the QIP

Cost of the Project
Rs. in Lakhs

To finance the cost of enhancement of spinning capacity of POY/FDY from 53,000 TPA to 1,00,000 TPA. This expansion will utilize balance capacity of poly condensation plant as captive consumption by manufacturing POY/FDY directly from MEG & PTA instead of producing PET chips. This project will also enhance the scale of operation and improve the cost competitiveness of Companys products

14,150.00

To augment the existing working capital requirements Total

3,000.00 17,150.00
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Objects of the QIP

Means of Finance

Rs. in Lakhs

1 2 3 4

QIP Proceeds ECA loan from KBC Bank Deutschland AG ECB loan of US$ 10 MN Internal Accruals Total

6,000.00 5,894.30 4600.00 655.70 17,150.00

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Peer Group Comparison

PAT Margin & EBITDA Margin

RONW & EPS

Sources: Capitalline

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Stock Performance Analysis

Monthly Analysis (July Dec 2010)

Annual Analysis (FY08 FY10)

Sources: www.bseindia.com

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Corporate Structure

Shareholding Pattern

Board of Directors
Name of the Director Mr. Shankarlal Somani Mr. Raj Kumar Somani Mr. Sumeet Somani Designation Chairman Nature of Directorship Non-Independent, Executive Non-Independent, Executive Non-Independent, Executive

Managing Director Chief Financial Officer Director

Mr. Dinesh Khare

Non- Independent, Executive Director Independent, NonExecutive Independent, NonExecutive Independent, NonExecutive Independent, NonExecutive

Mr. B. C. Chordia

Mr. Vinod Ladia

Director

Mr. Mangilal Lahoti Mr. Devi Prasad Saboo 20

Director

Director

www.bseindia.com, as on 31st Dec. 2010

Strong Financial Performance

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Strong Financial Performance

* EPS after Rights Issue of 1:1 in Jan. 2009 ** EPS is not annualised

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Thank You

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