Beruflich Dokumente
Kultur Dokumente
Name of the Party & Branch Constitution/Names of the Directors Net worth : M/S SHREE SURAT JILLA UTTAR PURVA KHAND UDHYOG SML : CO-OPERATIVE SOCIETY
SN 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. NAME OF THE DIRECTORS PRAVINBHAI M CHAUDHARI RAISINGBHAI G VASAVA MANHARBHAI N PATEL SEVLABHAI B CHAUDHARI MOHANBHAI K PATEL MAGANBHAI V CHAUDHARI LALLUBHAI M CHAUDHARI ISHVARBHAI M CHAUDHARI RANGABHAI R CHAUDHARI SARADHABHAI M CHAUDHARI LALLUBHAI P SOLANKI MULCHANDBHAI Z PATEL JYOTIBEN R PATEL MAGANBHAI U CHAUDHARI
3. 4. 5.
b. Present Bankers
SN
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
c. Whether any of the directors are in the RBI defaulters list. 6. Core Promoters (background Creditability, Capacity, Character, etc.)
NO
: INTRODUCTION This co operative soc. was established in 25/05/1994 intending to establish its sugar factory so that it could play important role in social & economic development of Mandvi taluka. The society has 22849 nos. of shareholders of which most of them are sc/st small marginal farmers as played by neighboring sugar factories such as Bardoli Madhi, Chalthan and many others in south Gujarat
MILL MANAGEMENT
1.CHAIRMAN :BABUBHAI S BADAN 2.VICE CHAIRMAN :BABUBHAI Z GAMIT 3.NO.OF DIRECTORS : 14 4.LIST OF SENIOR OFFICERS
a)Ravindrabhai V Patel-Managing Director b)M.B.Bhagatvala-Chief Accountant c)U.S.Desai-Office Suprintendent d)Sanatbhai S Desai-C.D.O. process for establishing sugar factory is in primary stage. At present working of the society is being looked after by the chairman & managing directors.
7.
Present Proposal : a) Fund based working Project cost for the proposed capital with scheme of establishment of new details of margin, sugar factory given below. period, ROI. PARTICULARS AMOUNT (Lacs)
LAND & SITE DEVELOPMENT BUILDING & CIVIL WORKS PLANT & MACHINERY MISCELLANOUS FIXED ASSETS OTHER EXPENSES DURING CONSTRUCTION PERIOD TO BE CAPITALIZED PREOPERATIVE EXPENSES STORES & SPARES CANE DEVELOPMENT EXPENSES START UP EXPENSES PROVISION FOR CONTINGENCIES INCLUDING ESCALATION FOR MACHINERY MARGIN MONEY FOR WORKING CAPITAL TOTAL 765.77 935.97 4040.00 167.22 498.00 97.55 50.00 25.00 35.00 247.00 38.49 6900.00
: Nil
c) Term Loan/DPG : In the case of TL/DPG PROJECT AT A GALANCE brief details such
as cost of the project, means of finance, debt equity ratio, DSCR, participating banks/F.I, Technical feasibility, financial viability etc.,should be furnished/commented.
TECHNICAL FESIBILITY
Inst.capacity : 1750 TCD Sugarcane Crushing :3.15lacs ton Sugar production : 3.465lacs qtl No of season days: 180 COST OF PROJECT :6900.00LACS
MEANS OF FINANCE 1)OWN CONTRIBUTION :1725.00lacs 2)FINC.INST/BANKS :5175.00lacs TOTAL ECONOMIC LIABILITY 1)DSCR : 1.81 2)PAY BACK PERIOD : 8.7 YEARS 3)IRR : 24.92 4)BREAK EVEN POINT : 48.10% 6900.00lacs
8. Full details of financial position for last 2 years, current year estimates and projections for next year. (Rs. in lacs) a. b. c. d. e. f. Capital Net worth Net Working Capital Current Ratio Net Sales Net Profit Before Tax g. Depreciation h. TOL/TNW i. 31.03.10 31.03.09 31.03.08 355.55 286.78 240.78 241.92 163.68 302.40 1.46 1.33 3.16 856.66 907.26 824.01 0.18 0.044 3.70 2.37 2.30 0.30
9.
along
BALANCE SHEET AS ON 31ST MARCH 2010 LIABILITIES CAPITAL FUNDS: SHARE CAPITAL RESURVES & SURPLUSES DEPRECIATION FUND RESERVE FUND SECURED LOAN BARODA GUJARAT GRAMIN BANK UNSECURED LOANS DEPOSITS UNSECURED SUNDRY CREDITORS SUGAR CANE PAYMENT LIABILITIES SHERDI PAYMENT200910 DEPOSITES PROFIT AMOUNT 299.02 14.00 52.60 7.08
(in Lacs)
ASSETS AMOUNT FIXED ASSETS BANDHKAM A/C 17.76 DEADSTOCK 4.92 ELE.CONNECTION 1.00 FANCING 8.20 FURNITURE & FIXTURE 2.06 HANDPUMP BOARING 0.98 80.21 LAND PURCHASE 6.37 RASTA BANDHKAM 1.03 SUBMARSHIBLE 12.30 VEHICLES INVESTMENT SURAT DIST CO OP 0.001 BANK : SHARE 0.005 SURAT JILL KHARID VECHAN SANGH LOANS & ADVANCES NEW LAND PURCHASE ADVANCE SHED KHARIDI SUNDRY DEBTORS PRELIMENRY & PREOPERETIVE CASH & BANK
TOTAL
933.53
TOTAL
933.53
COMMENTS: 1)FIXED ASSETS ARE RECORDED AT COST.COST IS PURCHASE COST TOGETHER WITH ALL INCIDENTAL COSTS OF ACQUSITION AND OTHER RELATED ALLIED COSTS. 2)DEPRECIATION HAS BEEN PROVIDED ON WDV METHOD IN THE BOOKS OF ACCOUNTS.
3)INVESTMENT STATED AT COST PRICE. 4)DEPOSITS RECEIVED & GRANTED AND BALANCE IN CURRENT LIABILITIES ACCOUNT AND LOANS AND ADVANCE GIVEN ARE SUBJECT TO CONFERMATION. 5)BANK BALANCES ARE AGREEING AS PER BANK RECONCILLATION STATEMENT. 6)CONTINGENT LIABILITIES ARE ACCOUNTED FOR ONLY WHEN AND TO THE EXTENT THE SAME ARE CRYSTALLIZED AND HAVE BECOME PAYABLE.BEFORE THAT THE SAME ARE IGNORED. 7)THE FINANCIAL STATEMENTS ARE PREPARED ON THE MERCANTILE BASIS WITH HISTORICAL COST CONVENTION.ALL FUNDAMENTAL ASSUMPTIONS ARE APPLICABLE. 10. Our experience with the group (comments on group companies dealings with us, financial position, Health Code etc. ) 11. Limits/liabilities/overdue of other group concerns/allied concerns to be furnished in detail. (with our bank/other banks).
SN 1. 12.
(b)
14.
a.
If we are not leaders in the consortium the appraisal report by the leader should be furnished along with comments. : N.A.
b.
If under multiple banking arrangements limits/ liabilities/overdue with other banks or an auditors certificate giving the details of such limits and liabilities : NO,THERE IS NO MULTIPLE BANKING ARRANGEMENTS LIMITS/LIABILITIES/OVERDUES WITH OTHER BANKS
15.
CMA status :
16.
17.
brief),
comments
18.
basis
of
Prime : 1. Building and civil work on land which have to be mortgage to the bank as collateral. 2. Plant and machinery having its invoice value. 3. Stock of sugarcane and sugar and other raw material and sundry debtor & other receivable. Collateral :
SN 1.
NAME OF THE VILLAGE NAREN,TA-MANDVI,DIST-SURAT: BLOK NO. 497 498 499 500 505 506 507 509 510 512 516 517 AMOUNT (IN LACS) 251.82 334.56 233.61 212.01 255.69 104.77 114.37 348.89 344.09 247.97 117.25 328.66
AMOUNT
2893.69
2.
3.
(a)
NIL
PRESENT POSITION: The Shree Surat Jilla Uttar purva Vibhag Sahkari Kand Udyog Sahakari Mandli Ltd. Is a registered under the Co.Op. society Act and running the activity of sugar. The society is already running the activity and having good turnover and profit also.
FUTURE PROSPECTS: The society has to set up the own plan for sugar can crussing. The expansion the current activity need the building and plant and machinery. SUGAR EXPANSION SN 1. 2. 3. 4. 5. 6. 7. PARTICULARS
CAPACITY UTILIZATION GROSS SEASON DAYS CRUSHING PER SEASON DAYS ESTIMATED CANE CRUSHING SUGAR RECOVERY SUGAR PRODUCTION PRODUCTION OF MOLASSES BAGASSE SAVING
UNIT
% DAYS TONNES LAC TONNES %CANE LACS QTLS %CANE %CANE
PARAMETERS
90-100 170-180 1575-1750 2.68-3.15 10.25-11 2.744-3.465 4.3% CANE 8% CANE
FINANCIAL PARAMETERS
SN 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.
PARTICULARS
CANE PRICE CANE PURCHASE TAX CANE HARVESTING & TRANSPORT CHARGES OTHER CANE INCIDENTAL EXPENSES SUGAR SALES RELIZATION LEVY(20%) FREE(80%) SALE OF MOLASSES REALIZATION FROM BAGASSE PROCESS MATERIAL,CHEMICALS & CONSUMABLES PACKING MATERIAL SALARY & WAGES(SUGAR)
PARAMETERS
RS.2000/- p.t. 2% OF CANE PRICE RS.350/- p.t. RS.5/-p.t. RS.1232.75 p.q. RS.3300/- p.t. RS.5000/-p.t. RS.1500/-p.t. RS.20/-p.t.CRUSH RS.50/-p.q. 1ST YEAR RS.250 LAKHS AFTERWARD 5% INCREASE ON LAST YEAR WAGES FOR NEXT 4 YEARS @11% P.A.ON 50%AVERAGE SUGAR STOCK WITH 10% & 15% MARGIN ON LEVY & FREE SUGAR @12% P.A.ON REDUCING BAL.METHOD THE REPAYMENT WILL BE MADE IN 7 YEAR EXCLUDING 2 YEAR MORATORIUM PERIOD ON SLM METHOD RATE AS PER COMPANIES ACT.
11.
12.
13.
DEPRECIATION
CAPITAL MARKET PRECEPTION 20. Exposure limit if any, prescribed by industry/ activity - Present Exposure : the bank for the
RECOMMENDATIONS :
SR.MANAGER
DIV.MANAGER