HIGHLIGHTS OF THE PROJECT

1.

NAME OF THE COMPANY

: KUNASH INSTRUMENTS PRIVATE LIMITED.

2. ADDRESS

: Flat No. 2, Vishal Tower,

Kolbad road, Near Castle mill compound,
THANE (W). 400 601

3.

CONSTITUTION

: Private Limited Company

4.

DIRECTORS OF THE COMPANY : 1) DEVENDRA KUMAR SHARMA

2) ASHA DEVENDRA SHARMA

5. YEAR OF ESTABLISHMENT: Company Incorporated on 26.08.2002

6.

NATURE OF BUSINESS

7. AMOUNT APPLIED FOR

: To carry on the business of manufacturing,

distributing, selling, importing, exporting,
marketing, repairing, testing and measuring
all types of analytical, electrical, electronics,
mechanical and optical instruments and devices.
:

i) Term Loan from Bank (Proposed): Rs. /ii) Cash Credit from Bank
: Rs. /-

8.

PROMOTERS / DIRECTORS OF
THE COMPANY AND THERE
BRIEF BACKGROUND

I)

MR. DEVENDRA KUMAR. SHARMA

Age
Residential Address

:
:

Telephone Number
Office Telephone Number
Mobile Number
Income Tax Number
Education

:
:
:
:
:

Experience

50 Years
D-506, Sumer Castle,
Castle Mill Compound,
LBS Marg,
THANE (W). 400 602
25475040
25476502
9820217143
AAQPS6326M
M.Tech (IIT Delhi)
1) 1 Year as visiting Scientist at Physical
Research Laboratory, Ahmedabad
2) 3 Years as Scientific Officer at Tata Institute
of Fundamental Research, Mumbai.
3) 22 Years in Marketing of Scientific
Instruments out of which :a) 8 yrs. as Managing Director of Fine Tech
Equipments Pvt. Ltd.
b) 2 yrs. as Managing Director of Kunash
Instruments Pvt. Ltd.
At Present:
1) Managing Director Fine Tech Equipments
Pvt. Ltd.
2) Managing Director Kunash Instruments Pvt.
Ltd.

Banker

II) MRS. ASHA DEVENDRA SHARMA

Age
Residential Address

Residence Telephone Number

Income Tax Number
Education

:
48 Years
D-506, Sumer Castle,
Castle Mill Compound,
LBS Marg,
THANE (W). 400 602
:
25475040
:
:

Experience

Banker

D.N.S.B (Kulgaon), U.C.O. Bank (Shahad)

9.

COMPANY PROFILE

The Company has been engaged in the business as an exclusive indenting agent for a foreign
manufacturer of Scientific instruments for industrial and government Research since 1st November,
2003. Besides, Thane where the headquarters are situated, the company operates from Delhi and
Chennai. At present company deals in the following types of instruments:1.
2.
3.
4.
5.

Surface Area Analyser.

Particle Size Analyser.
Pycnometer.
Mercury Porosimeter.
Chemisorption Analyser.

The company provides pre-sales and post-sales services to Indian users of these products.
There are at least four hundred users of these equipments in the country. Companys Revenue comes
from:
1.
2.
3.
4.
10.

Commission earnings from foreign principal.

Annual Maintenance Contract.
Paid services job.
Sales of spares.

PROJECT :

KUNASH INSTRUMENTS PRIVATE LIMITED. intend to setup a testing laboratory

wherein testing of particle size and surface area would be taken up on commercial basis.
Both Particle Size and Surface are a one very important properties of raw materials used by
many industries. The processing as well as the quality of the end products depends decisively on the
Particle Size and Surface area of the raw material. Some of the industries, segments which use these
properties for their Quality Control are :
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.

Ceramic Industries.
Catalysts manufacturers and users.
Tyre Industry.
Activated carbon.
Minerals.
Petrochemicals / Oil Refineries / Petroleum.
Cement.
Cosmetics.
Metal powders.
Pigments / Paints / Coatings.
Abrasives.

At present while the very big ones get their analysis done at In-house facilities, a very large
number of small & medium size industries depend on either getting their test done on instruments
made available in some government Institutions (Universities or Research labs) or avoiding the test
altogether and thus under selling their products. There is no dedicated Laboratory in the country
which does these analyses on commercial basis professionally.

Our Strengths: 1. In regular course of the business, company keeps in close touch with all the industry
segments listed above and understands their analytical needs thoroughly.
2. The company has the highest expertise available in the country in the field of Particle size
and Surface area analyses. Company has the manpower trained abroad in similar facilities
on the analyses being offered.
3. The company will provide analytical services in a professional manner.
4. Company has the In-house expertise in Servicing and maintenance of the equipments used
in the testing laboratory.
11.

COST OF PROJECT

A)

COST OF INSTRUMENT ( IMPORTED ) :

i)
ii)
iii)
iv)

Cost of the instrument

Custom Duty
Octroi and Delivery Charges
Service Charges for clearance
Total cost of imported instruments

:
:
:
:
:

22,00,000
7,50,000
1,20,000
12,000
30,82,000

B) AUXILLARY EQUIPMENTS

i) Computer
ii) Printer
iii) 2 Nos. Gas cylinders (N2 & He)
iv) 2 Nos. Gas Regulators (N2 & He)
v) 1 No. LN2 Container
vi) 1 No. Micro balance
vii) 1 No.. Ultrasonic probe
Total cost of Auxillary Equipments

:
:
:
:
:
:
:
:

60,000
6,000
16,000
10,000
35,000
70,000
28,000
2,25,000

33,07,000
=======

Total (A+B)
12.

SOURCES OF FINANCE

A) Own Funds
i) Share Capital
ii) Term Loan from Bank (Proposed):
iii) Unsecured Loan from Promoters &
Share holders
iv) Cash Credit from Bank (Proposed)
TOTAL RS.

:
5,00,000
19,50,000
:
:
:

5,38,000
3,00,000
32,88,000
=======

13.

THE PROJECTION HAS BEEN WORKED OUT ON THE BASIS OF

FOLLOWING ASSUMPTIONS :i)
ii)
iii)
iv)
v)
vi)
vii)

14.

Shop will work for 365 days in a year on two shift basis.
Promotion will contribute toward share capital for Rs. 5,00,000/The Term Loan of Rs. 19.50 Lacs will be availed for the total period of 5 years. The first
year of working is taken as of 9 months only. The interest is calculated @ 16% p.a. The
loan will be paid in 60 monthly instalment and the interest on quarterly basis.
The market credit on purchases from Sundry creditor is estimated for fifteen Days and
sales is taken in cash only.
Cash credit facility will be availed from Bank of Rs. 3,00,000/- for working capital
Balance amount will be contributed by promoters as Unsecured loans.
The depreciation has been provided as per the rate prescribed under the Income Tax Act
1961.
The Income Tax has been computed in accordance with the provision of Income Tax Act
1961 taking in to consideration the provision of the latest finance Bill 2001.

CONCLUSION :The project report shows that there is a reasonable margin of profit in this type of business
and the company can repay the Term Loan within the stipulated time. Since there is no of
gestation period the company will start earning as soon as it starts business.

KUNASH INSTRUMENTS PRIVATE LIMITED

Flat No. 2, Vishal Tower,
Kolbad road, Near Castle mill compound,
THANE (W). 400 601

N. C. OSWAL AND COMPANY

Chartered Accountants,
3, SHARAF MANZIL, 2ND FLOOR,
2ND DHOBITALAO LANE,
650, GIRGAUM ROAD,
MUMBAI- 400 002.