brief of project
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8/8/2019 Brief of Project
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Chopra Shah & AssociatesChartered Accountants
________________________________________________________________ ________101, Anuj Complex, Opp. Sardar Patel Seva Samaj , Off. C.G.Road, Ahmedabad -09
Ph. 079-26402934, E-Mail [email protected]
Summary of Investment Opportunity for takeover of a Cement Plant in Rajasthan
Salient Features Of the Project:
1. Designated capacity 73,000 TPA of 43 and above grade of Portland cement.
2. Fully Automatic plant on turnkey basis, based on well know SABOO VSK Technology to
ensure consistent quality.
3. Plant designed to produce 43 and above grade of Portland cement which is of superiorquality and has more realizable value.
4. The plant is located in District of Jaipur, Rajasthan (about 90 km from Jaipur and 170kmfrom Delhi)
5. The company has acquired 1.89 hectares of Industrial land on 99 years lease from the
Govt. of Rajasthan.
6. Best quality limestone mines of Private Parties are located within 8 kms from the plant.
7. The plant is ideally located with easy access to main consuming markets of Rajasthan,Delhi, Haryana, U.P, Punjab and J&K.
8. The plant is located very close to upcoming largest GLOBAL TOWNSHIP OF INDIA.
9. Machineries has not arrived therefore the production has not commenced. Order for
plant & machinery has already been placed with M/S Saboo Engineering (P) Ltd and anadvance amount of Rs. 11.5 Millions has also been paid to them.
10. About 70% work for construction of factory building; offices, godown, labor quarters,silos, hoppers etc. have been completed.
11. Foundation work for installation of plant & machinery and Genset have been completed.
12. Electric panel has been purchased.
13. All approvals have been obtained.
14. Since basic infrastructure is ready, production can be started as fast as 6 months.
15. About 80% of Issued Shares of the company can be transferred (including partly paid
up shares) to the prospect investor by the promoters, their friends and associates.
16. Of the Rs. 57.482 Millions paid-up capital, Rs. 21.491 Million relates to partly paid -up
capital which is due to be forfeited.
17. Companys shares are listed at Kolkata, Ahmedabad and Jaipur Stock exchanges &delisted at Mumbai Stock Exchange.
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8/8/2019 Brief of Project
2/2
Chopra Shah & AssociatesChartered Accountants
________________________________________________________________ ________101, Anuj Complex, Opp. Sardar Patel Seva Samaj , Off. C.G.Road, Ahmedabad -09
Ph. 079-26402934, E-Mail [email protected]
18. The promoters have already invested about Rs. 80 Million.
19. The company does not have any loans from Bank loan or Financial Institution.
20. The company does not have any liability to third party.
21. Transfer will be on no liability based.
The Existing Owner and Promoters are willing to dilute majority stake in thecompany to strategic investor.
If you want further detail / clarification please do let us know.
Contact:
CA Vimal ShahMobile No: +91 9824655503
Email:[email protected]
Administrative Office
Vishwakarma Cement Ltd.
Administrative Office: D-22 Moti Doongri Road,
Jaipur 302 004, Rajasthan