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PROMOTER DETAILS :

Name : Priya Prakash

Fathers Name : Om Prakash Lal

DOB : 06/10/1990

Firm : IGNITION

Residential Address : Kartik Bhawan , Naya Tola , Bhagalpur – 812001

Contact no. : 9905358400

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Exhibit – I

COST OF THE PROJECT

(Rs. in lacs)

Particulars Amount

Second hand Motor Vehicle 10.00

Equipment and Misc. Material 4.00

Total 14.00

Exhibit – 2

CAPITAL CONTRIBUTION

Particulars Amount

Cash Credit 10
Promoter’s Contribution 4
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Total 14.00

Promoter’s Contribution % 28 %

Exhibit – 2

PROJECTED PROFITABILITY ANALYSIS

Amt. in lacs

Particulars 2018-19 2019-20 2020-21 2021-22 2022-23

A. Turnover
Sales 17.00 28.00 33.60 40.32 48.38
Total turnover (sales) 17.00 28.00 33.60 40.32 48.38
B. Cost of Sales
Purchases 10.00 13.00 15.60 18.72 22.46
Change in stock (opening –
(5.00) (3.00) (2.00) (2.00) (3.00)
closing stock)
Salary & wags. 3.00 3.30 3.63 3.99 4.39
Other Manufacturing
2.00 2.20 2.42 2.66 2.93
Expenses (including Dep)
Total Cost of Production 10.00 15.50 19.65 23.37 26.78
C. Gross Profit 7.00 12.50 13.95 16.95 21.60
Selling, distribution &
1.35 1.49 1.63 1.80 1.98
Administrative Exp.
D. Profit before Interest
5.65 11.01 12.32 15.15 19.62
& taxes
Bank Charges / Interest 0.00 1.00 1.00 1.00 1.00
E. Profit after Interest
5.65 10.01 11.32 14.15 18.62
but before tax
Tax 0.00 0.84 0.97 1.10 1.26
F. Net Profit after
5.65 9.17 10.35 13.05 17.36
Interest & Tax
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Exhibit- 3

PROJECTED BALANCE SHEET

Amt. in lacs

Particulars 2018-19 2019-20 2020-21 2021-22 2022-23

Capital
Source of fund 5.00 7.65 11.82 15.17 19.22
Add : Profit & Loss 5.65 9.17 10.35 13.05 17.36
Less : Drawing 3.00 5.00 7.00 9.00 10.00
Net Worth 7.65 11.82 15.17 19.22 26.58

Term Loan Amount - 10.00 10.00 10.00 10.00

Creditors - 2.00 3.00 4.00 5.00
Total 7.65 23.82 28.17 33.22 41.58

Application of Fund

Fixed Assets 2 6.80 7.12 7.41 7.67

Less : Depreciation 0.20 0.68 0.71 0.74 0.77
Net Block (Assets) 1.80 6.12 6.41 6.67 6.90
Closing Stock (motor car) 5.00 8.00 10.00 12.00 15.00
S. Debtors. - 3.00 3.90 5.07 6.59
ClosingCash/Bank Balance 0.85 6.70 7.86 9.48 13.09
Total 7.65 23.82 28.17 33.22 41.58
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Exhibit- 4

FINANCIAL RATIOS

Particular 2018-19 2019-20 2020-21 2021-22 2022-23

Net turnover 17.0 28.0 33.6 40.3 48.4
Gross Profit 7.00 12.50 13.95 16.95 21.60
Interest 0.00 1.00 1.00 1.00 1.00
Depreciation 0.20 0.68 0.71 0.74 0.77
Profit before tax 5.65 11.01 12.32 15.15 19.62
Profit after tax 5.65 9.17 10.35 13.05 17.36
% GP on Net turnover 41% 45% 42% 42% 45%
% NP on Net turnover 33% 33% 31% 32% 36%