RIICO

COMMON APPLICATION FOR FINANCIAL ASSISTANCE IN RESPECT OF INDUSTRIAL CONCERNS- WHERE ASSISTANCE BY WAY OF EITHER TERM LOAN OR WORKING CAPITAL IS ABOVE RS. 10 LAKHS.

(Applicable to new projects, expansion, diversification and modernisation of existing projects. Does not apply to only renewal of existing working capital facilities )

DATE

1.01. Name of the Industrial concern (in block letter)

1.02. Address and Telephone Nos., Telegraphic Address /Telex No.

(a) Registered office (in case of Corporate Bodies only)

(b) Controlling (Head )office.

(d) (I) Address for correspondence

(ii) Telephone No.

(iii) Fax No.

1.03 Constitution :

(a) State whether a proprietary/partnership/private limited/public limited concern or co-operative society. In the case of partnership and limited companies indicate the name of Managing partner/Managing Director.

(B) Date of incorporation/registration/commencement of business (if the unit was purchased give details from whom and when purchased and for what consideration).

(C) Name of business house/group if any, to which the concern belongs and the list of other companies in the same group. Details of associate/ subsidiary concern or concerns in which the promoters are interested.

(D)Is the MRPTP Act applicable to the company ? If so, have you obtained the necessary clearance from the Government ?

1.04. Industry :

(a) Name of the product(s) manufactured/to be manufactured and their uses.

(B) Details of by-products, if any and their uses.

2.01. Management

Give bio-data of the main promoter including information on name, address, age educational qualifications, past industrial/business experience, experience in the particular industry, write up on other companies, if any, promoted by him or with which he is associated together with a copy of the latest balance sheet (to be furnished separately in respect of each of the main promoters duly singed by him). (Proforma 1) (Please enclose copies of Income Tax Returns of the promoters, along with copies of Assessment orders for the last three years.

2.02 In case the promoter is a limited company, furnish a write-up on the activities and past performance of the company and any other expansion programme(s)

Enclosure:(i)Certified copies of Memorandum and Articles of Association of the promoter company

(ii) Audited Balance Sheet and Profit and Loss Account for the past two years of the promoter company(s).

(Iii) Copy of Agreement(s) if any, entered into among the promoters.

2.03. Provide a list of directors along with a complete list of concerns with which they are connected, as director, partner, proprietor, etc.

2.04. Particulars of existing key technical and executive staff giving their names, age, qualifications, salaries, length of service,(Proforma II). (Enclose organisation chart showing the lines of authority).

2.05. Name(s) and address of bank(s) with whom enquiries may be made regarding the applicant concern and the promoters. Authority letter from the promoter/s Company for Bank to discuss for any offences . If so, give details.

2.07 Details of pending litigation if any, against and by the concern.

2.08 Indicate whether any of the promoters of directors have at any time declared themselves as insolvent.

Brief History of the Concern

3.01 State briefly, the history of the unit. In the case of new units state the reason for starting it. (In the case existing units) give two copies each of Balance Sheet and Profit and Loss Accounts for the last 3 years together with comments on adverse features of working, if any. Please also furnish proforma Balance Sheet and Profit and Loss Account as on a recent date, if the last Balance Sheet is more than 6 months old).

3.02. Provide a list of shareholders under the heads promoters, other major group, foreign collaborations and institutions owning or controlling 5% or more of equity shares, indicating the amount owned and business relationship, if any with the company. Indicate NRI shareholding, if any. In case of preference shareholders, give a list of ten largest shareholders. Also, give the number of equity shareholders and preference shareholders.

3.03. Give a note on the company's tax status viz. The year up to which the company has been assessed for income tax the estimated unassessed liability, the concessions available and the basis on which provision for tax has been made. Provide details of unclaimed tax benefits, if any. A note on excise duty claims remaining unpaid against the Corporation may also be given.

3.04. Details of existing fixed assets (Proforma III).

3.05. Particulars of credit facilities enjoyed by the concern from the Corporation and bank(s) and other financial institutions (as per attached Proforma IV)

3.06 Indicate the Bank (with address) from which it is proposed to avail of working capital.

4 Particulars of the project

4.01 Describe in detail the project for which financial assistance is required indicating whether it relates to expansion, modernisation/diversification or setting up of a new plant and specification of major products. (Enclose copy of the feasibility/project report, if any).

4.02. Details of Capacity

		Product	Present	Proposed
					I Yr.	II Yr.	III Yr.	IV Yr.	V YR.
(i)	Licensed (quantity per day) (Registered)
(ii)	Installed(-do-)@
(iii)	Utilised (a) Quantity (b) as % of installed capacity (c) Value
(iv)	No. Of working days in a year
(v)	No. Of shifts
(vi)	Employment (nos) (a) Technical (b) administrative (c) Supervisory (d) S killed Workers (e) Unskilled Workers * in the case of existing unit, details of sectionwise capacity and reasons for under utilisation of capacity, if applicable in the past may be furnished.

4.03. Manufacturing Process

(a) Explain briefly, the technical process employed/proposed to be employed. Indicate reasons for adopting/choosing the particular process. Also indicate whether the process is a continuous process or batch process.

(b) Explain briefly the possibilities of diversification in the product line in case of necessity, in future.

4.04. Has the proposed process ever been tried in the country ? If so, where and with what results Whether the process is patented one. If so, details to be furnished.

Technical Arrangements

4.05 Explain the technical know-how arrangements made/proposed for the project, including performance guarantees/penalties.

4.06 In case any collaboration is involved, furnish a brief write-up on the period of collaboration agreement the collaborator company indicating its activities, size and turnover, particular of the existing plants, other project in India and abroad set up with same collaboration etc.

Enclosure :(i) Copies of published brochures high lighting the activities of the collaboratorn and balance sheet for the latest year.

(Ii) Copy of collaboration agreement.

(Iii) Fees payable and the manner in which payable.

(Iv) Copy of the Government approval for availing of the service of foreign technician, if any.

4.07. If there is no collaboration agreement, furnish full details of arrangement proposed to be made for obtaining technical advice and service needed for the implementation of the project. If it is an ancillary unit give details of the parent unit and the terms of agreement.

4.08. Particulars of the consultants as below :

(a) Name of the consultants and their addresses.

(B) Fees payable and the manner in which payable.

(D) Brief particulars of consultants including the organisational set-up, bio-data of senior personal, names of directors/partners, particulars of work done in the past and work on hand.

Enclosure:(i) Copy of agreement with the consultant.

(Ii) Copy of the Government approval in case of foreign consultants.

4.09. Whether any of the company's directors have any interest in consultant/collaborator firm, if so, details to be furnished.

4.10. Location and Land

Indicate location of the site, requirement of land for the project and the arrangement made there or. Enumerate the location advantages with reference to proximity to sources of raw materials, market, fuel, water, power, transport, labour, effluent disposal etc.

4.11. Give the following particulars in respect of the land acquired/proposed to be acquired for the project and indicate the area of land required separately for :

(i) Factory building

(ii) ancillary building

(iii) open storage space

(iv) housing colony, if required and

(v) future expansion and any other purpose (please specify).

(a) total area and cost

(b) basis for valuation

(d) when purchased/taken on lease

(e) previous owners and their relationship, if any, with the promoters/directors.

(f) if rented/leased/hire purchase, give details regarding the rent, period of lease/ hire purchase etc.

(g) is it industrial land? If not, has it been converted for industrial use and necessary legal formalities complied with ?

(h) type of soil and load bearing capacity.

(i) availability of water at site.

Enclosure : (i) copy of the sale/lease deed

(ii) copy of the soil/water test report

(iii) copy of the Govt. Order converting the land into industrial land if applicable

(iv) locational map

(v) site plan showing the contour lines, the internal roads, power receiving station, railway siding tube-wells etc.

Building

4.12 Explain the arrangements made/proposed for construction of the building and furnish particulars as per proforma V.

4.13 Give the following particulars of architects :

(a) Name of the architects/firms

(b) Scope of work

(d) Fees payable and manner in which payable

(e) Time schedule

(f) Penalties

(g) Past experience of the architects in the similar work.

Plant & Machinery

4.14 (a) Details of imported and indigenous plant and machinery acquired/to be acquired (as par proforma VI ) Explain the basis of selection of supplier of equipment and estimation of cost.

(b) If sub-contract of any portion of production is envisaged, the production stages when the sub-availability of machinery with sub-contractors with adequate spare capacity.

4.15 (a) Arrangement made for procurement of the machinery particularly imported machinery and details of guarantees and penalties.

(b) Arrangement made for erection and commissioning of the plant.

Raw Material

4.16 (a) Arrangement made/proposed for obtaining the raw materials such as name of supplier, long term arrangements made, if any.

4.17 If raw materials are to be imported state the country of origin and state if import is controlled/free; if channelised, name agency. Whether import licence obtained.

4.18 Give details of annual requirement and cost of various raw materials at installed capacity.

4.19 Are there any price or distribution controls on any of the items listed above ? If so, give details.

4.20 In the case of raw materials which are in short supply, indicate the special arrangements which the company proposes to make for obtaining the indigenous and imported raw materials.

Power

4.21 (a) Sources of power and supply voltage

-taken from Electricity Board

-Own generation

-Stand-by arrangements

(b) Maximum demand

(d) Peak hour requirements

(e) Energy consumption per year

(f) Power tariff

(g) Cost of power per annum at maximum capacity utilisation (give calculations)

Enclosures : (i) Copy of letter of sanction for power

(ii) Copy of agreement with Electricity Board

(iii) Copy of electrical lay-out of the plant.

Water and other utilities such as fuel,

steam and compressed air

4.22 (a) (i) indicate the requirements and suitability of water

(ii) Describe Water treatment arrangements proposed

(iii) Capacities of tanks, reservoirs

(iv) Sources for supply of water arrangement proposed and water charges payable

(b) (i) Requirements of steam

(ii) Capacity of the boiler

(iii) Arrangements proposed for steam

(ii) Arrangements proposed for compressed air

(d) (i) Requirements of fuel

(ii) Arrangements proposed for supply

Transport

Arrangement proposed for carrying raw materials and finished goods.

Effluent

4.23 Furnish full details of the volume of atmospheric soil and water pollution likely to be created by the project and the measures proposed for control of pollution. Indicate whether necessary permission for the disposal of effluent has been obtained from the concerned authorities; if so, a copy of the certificate should be furnished.

4.24 Details of the arrangement made for quality control. If ISI specification are followed, No. Of ISI standards and the particulars thereof should be provided. Particulars of R & D activity proposed.

4.25 Schedule of implementation :

Describe how to design engineering, erection, installation and commissioning of the project will be carried out. Also indicate the progress made so far in the implementation of the project and furnish the schedule of implementation as follows :

Commencement Completion

(i) Acquisition of land

(ii) Development of land

(iii) Civil works, factory building, machinery foundation auxiliary building, administrative building, miscellaneous building.

(iv) Plant and machinery

-Imported- Placement of order

- delivery at site

(v) Arrangements for power

(vi) Arrangement for water

(vii) Erection of equipment

(viii) Commissioning

(ix) Initial Procurement of raw materials & chemicals

(x) Training of personnel

(xi) Trial runs

(xii) Commercial production

Other projects of the concern

4.26. Give details of any other new/expansion projects which are under implementation or which the promoters propose to implement giving the estimated cost, means of financing and the present status.

5. Cost of the project

Furnish estimates of cost of project under following heads lndicate the basis for arriving at the cost of project.

Rupees in lakhs

Rupee Cost	Rupee equivalent of foreign exchange cost @	Already incurred	Proposed to be incurred		Total (1+2) or (3+4)
1	2	3	4	5

1. Land & site development

2. Buildings

3. Plant & Machinery

-Indigenous

-Imported

4. Import duty

5. Erection charges

6. Electrical Equipment and installation

7. Transporation charges

8. Other fixed assets (give details)

9. Effluent treatment position

10. Technical know-how and Engineering fees

11. Preliminary & Preoparative expenses

(Proforma VII A)

12. Provision for contingencies

(Proforma VII B)

13. Margin money for working capital

(Proforma VII) _________________________________

Total cost of the project ________________________________

@Also give details of foreign currency and rate

adopted for conversion into rupees)

6.01. Means of financing (furnish details of sources of finance for meeting the cost under following heads):

Amount Amount

already Proposed Total

raised to be raised

1. Capital (specify source contributing capital)

2. Reserves

3. Terms loans (give full particulars)

4. Unsecured loans and deposits (indicates sources,

rate of interest, repayment period etc.)

5. Deferred payment arrangements including supplier's credit, if any.

6. Government subsidies and grants/State incentives

7. Seed capital (indicate source)

8. Internal cash accruals ____________________

9. Other sources (specify) TOTAL ____________________

(Give details of means of financing envisaged and the proposals of raising share capital and loans in separate proformas. Indicate in detail NRI investment, if any.)

6.02. In case internal accruals is taken as source of finance explain the basis for estimation of internal accruals by means of a statement.

6.03. Briefly describe the arrangements so far made for raising the finance and the proposed arrangements.

Enclosure : Copies of letters sanctioning assistance

6.04 Indicate sources foreign exchange and arrange-ments, if any, made for obtaining foreign exchange.

6.05. Indicate sources from which expenditure already incurred has been financed.

6.06 Promoters' contribution to the project cost as % of the total cost. List of persons/firms who would be contributing to the promoters' share of the capital and the respective amounts and the relationships.

7.01. Financial assistance required from the Corporation/Bank

(a) Rupees loan

(b) Foreign currency loan (rupee equivalent at market rate)

(i) Equity Capital

(ii) Preference Capital

(iii) Debentures

(d) Guarantee of foreign currency loan/ deferred credit

(e) Working Capital (give details in Proforma VIII)

(f) Other forms of assistance like LCs, Guarantees etc.

________________________

TOTAL ________________________

7.02. Repayment schedule of the loan.

7.03 Details of securities to be offered.

Existing Proposed Total

Rs. Rs. Rs.

(a) For term loan

1. Land

2. Buildings

3. Plant & Machinery

(i) Indigenous

(ii) Imported

4. Others

__________________________

TOTAL __________________________

(b) For working capital

(d) Details of guarantor (s) (name, address, occupation and solvency of the guarantor).

8.00. Market and selling arrangement (enclose copy of market survey report, if any, conducted by the company or independent consultants).

8.01. Give brief notes on market, possible competition from substitute products etc. Indicate the special features (regarding quality, price etc.) of your product which would result in consumer preference for your products in relation to competitive products. Also furnish price trend of the products during the last 5 year and basis of price fixation by the concern.

8.02. Furnish estimates of the existing and future demand supply of products products proposed to be manufactured.

8.03. Provide information regarding export possibilities and the nature of competition to be faced in foreign countries. In the case of existing units, if already exporting, furnish particulars of exports during the last 5 years.

8.04. If there is any export commitments/ obligations stipulated by the Govt. Indicate the details thereof along with arrangements proposed for meeting the same and the export incentives available.

8.05. Give international prices and landed costs of the proposed products.

8.06. List of principal customers and particulars of any firm arrangement entered into with them.

8.07 Particulars of Govt. Controls, restrictions etc. If any, on the selling prices, distribution etc. In respect of products to be manufactured.

8.08 In case the company proposes to have any selling agency for any of its products, furnish the following particulars

(a) Name of the selling agent.

(b) Commission /Remuneration.

(d) Past experience in handling the same or similar products.

8.09. (i) Details of pending order on hand in existing concern.

(ii) Names of important existing customers and expected sales.

(iii) Name of competitors.

9.00. Profitability and cash flow

9.01. Give cost of production and profitability estimates for the first five years of operations as per proforma IX. Basis and assumptions for all calculations should be shown separately.

9.02. Basis on the estimates of working results provide cash flow statements of the company as a whole for five operating years of the project in Proforma X.

9.03. Projected Balance Sheet for five operating years for the company as a whole (in Proforma XI).

10.00. Economic Considerations

10.01. Give the international/ CIF/FOB price of all inputs which can be imported.

10.02. Explain in details the various duties, taxes and incentives applicable to the products.

(a) Excise duty

(b) Export duty

(i) replenishment licence

(ii) duty drawback

(iii) cash subsidy

(iv) any other (specify)

10.03. Give brief write-up on the economic benefits to the country in general and the region in particular on account of the proposed project.

10.04. How far does the unit contribute to the establish-ment of ancillary industries in the region ?

11.00. Government consents

Date of Validity Present status

Issue Period if not already

issued

11.01. Indicate whether the various licences/consents required for the project have been obtained from the respective authorities, give details as follows :

(a) Letter of intent /DGTD registration

(b) Industrial licence

(d) Import licence

(e) Foreign exchange permission

(f) Approval for technical/financial collaboration

(g) Clearance under MRTP Act

(h) Consent of the Controller of Capital Issues

(i) Pollution Control

(j) Any other (specify)

Enclosure : Copies of licences/consents etc. Received.

11.02. Specify any special condition attached to the licences / consents and the undertaking given by the company in connection therewith.

DECLARATION

I/We certify that all information furnished by me/ us in true; that I/We have no borrowing arrangements except as indicated in the application, for the unit with any bank; that no legal action has been/is being taken against me/us; that I/We shall furnish all other information that may be required by you in connection with my/our application; that this and any other information available with you pertaining to the borrowing unit, present and future, may also be exchanged by you with any agency you may deem fit, and that you, your representatives, representatives of RBI, DICGC, IDBI or any other Agency as authorised by you, may at any time inspect/verify our assets, books of accounts etc. In our factory and business premises.

"I/We further certify that as on date there are no overdues to financial institutions/banks from the undersigned, the other promoters and the Company/Companies in which I/ the other promoters have interest as a promotor/director/partner/proprietor. I/We further certify that there are no statutory overdues pending against me/the other promoters/the Company or other in which I am/the promoters are Director/Directors."

Signature

Name and Designation

Date

Name of the concern

Place :

PROFORMA I

DETAILS OF MAIN PROMOTERS

(Please use separate sheet for each promoter)

NAME OF UNIT

Bio-Data of

Fathers Name

Age

Information required for statistical purpose :

(i)

Whether the promoter is

(a)

A members of backward/ minority community or Scheduled Caste/Tribe

Yes/No

(b)

Ex- Serviceman

Yes/No

(c)

Physically Handicapped

Yes/No

(ii)

Sex

Male /Female

Address

office

Telephone No. Residence

Academic Qualification :

Experience

Period

Employer

Designation

Last Salary drawn

Functional responsibilities in the unit :

Capital/ loan contribution in the unit.

(i) At the beginning

(ii) At present

(iii) Proposed

10.

Reasons for joining/establishing the unit

(all motivating factors to be furnished).

11.

If associated as proprietor/partner/director/shareholder with concerns other than the applicant unit following details :

(a) Name and address of the associate concern

(b) Activity of the concern**

Year of establishment and brief history since inception

(d) Name of the associate concern's bankers and their addresses.

(e) Aggregate credit facilities enjoyed by the concern

(f) Security offered by the concern for its borrowings

(g) Working results of the units for the past three years supported with audited balance sheet

*These details in respect of associated concerns should be furnished separately by way of enclosure.

12.

Personal assets and liabilities:

(a) Immovable property details like land/buildings, location, date of acquisition, cost, present value etc.

(b) Other assests

13.

Any other information

Place:

Date : Signature

*1. Furnish audited Balance Sheet/Profit & Loss Account of these concerns for the last two years and brief write-ups on these concerns including information on the nature of business and size of turnover. Also furnish details of any litigation pending against/ from proprietor /partners/directors.

2. (A) If the promoter is a limited company, furnish a brief write-up on the

activities and past performance of the company and any other expansion programmes contemplated.

(B) Give particulars of holding company such as names of subsidiary company, paid-up capital of subsidiary (equity and preference ) and percentage holding by the holding company respectively.

3. Indicate the terms of agreement with the Managing Director/Wholetime director and the present status regarding the approval of the Central Government for the appointment.

4. Product (s) manufactured and installed capacity for each product should also be indicated.

PROFORMA II

DETAILS OF TECHNICAL/MANAGERIAL PERSONNEL

Name	Designation	Qualifications	Experience	Any special achievement (Inventions/ Research etc.)	Functional duties at the unit
Existing
Proposed
PROFORMA III* DETAILS OF EXISTING FIXED ASSETS A. LAND 1. Location 2. Area 3. Whether freehold or leasehold 4. Purchase price of land if owned 5. Rent in case of leased land 6. Term of lease 7. Ground rent payable per year B. BUILDING 1. Location 2. Whether owned or leased 3. Cost of building, if owned 4. Yearly rent in case of leased/rented premises 5. Terms of lease

Structure

Type of Structure

(Whether temporary

Dimensions

Area.

Sq. Mts

Actual Cost./Rs

Year

of purchase

1. Workshop

2. Godown

3. Administrative

4. Other buildings

C. EXISTING M/C Details as per proforma VI

In case the assets have been revalued or written off at any time during the existence of comapany furnish full details of such revaluation together with the basis and reason therefor . Details of existing machinery should be given Proforma VI.

*To be given in the case of existing units.

PROFORMA IV

PARTICULARS OF CREDIT FACILITIES ENJOYED BY THE INDUSTRIAL CONCERN

As on----------------------

Name of the Institution

Limit Sanctioned

Rate of interest

Purpose

Nature of Charge

Balance Outstanding

nature and value of security

Margin

Schedule of repayment

Defaults if any, in payment of interest and / of principal

A. Term Loan

B. Other facilities such as deferred payment etc.

C. Debentures @

D. Working Capital

Note : Has additional credit facility been sought from any bank or any other financial institution ? If so, please give details.

@ In the case of convertible debentures please furnish terms of conversion and if debentures are privately placed, please furnish names of main holders.

PROFORMA V

PARTICULARS OF BUILDINGS PROPOSED TO BE CONSTRUCTED

Sr.	Description		built-up Area				Rate of	Estimated
No.	of each building	Type of construction	Length Mtrs.	Breadth Mtrs.	Average height of each floor	Total floor Area Sq. Mtrs.	Construction per Sq. Mtrs	cost of each building

Notes :1. Please enclose copy of the site plan of the land and blue prints of the buildings duly approved by Corporation/ Municipality/Panchyat.

2. In case contract is awarded for construction of building, furnish details there of such as name of contractor,

3. Other approvals from Inspector of factories, Drug Controller etc., if any should be enclosed.

4. Please enclose a plan showing layout of machinery.

PROFORMA VI

PARTICULARS OF MACHINERY

Name of Machinery & Specifi cation

Second-hand/ New@

Name of Manufacturer/ Fabricator, (Place & Country of origin may be give in the case of imported equpment

Date of acquisition/ date of place ment of order (actual/ expected

Expected date of delivery

Price* (Invoice price including taxes for indigenous machinery/ CIF price for imported machinery

Estimated expenditure (insurance/ Fright/ installation import duty

Total cost

Performance guarantee if any

Remarks

1. Already Machinery

A. Indigenous

B. Imported

2. Proposed to be acquired

A. Indigenous

B. Imported

(i) Quotation/ Technical litecatioce/Catalogues/Invoice and other details in respect of each machine to be furnished.

(ii) If second-had machinery, valuation report regarding age, Performance and value from competent valuers to be submitted. Also, please indicate reasons for going in for second-hand machinery and its depreciated value.

(iii) In case of imported machinery :

(a) Please indicate mode of payment and foreign currency price of the machinery.

(b) If machinery is to be imported under OGL action taken.

(iv) For main machinery, give list of unit where such machinery is in use.

(v) Background details of main machinery supplier for main machinery

(vi) Comparative statement of quotations from at least three deficient suppliers alongwith reasons for selection of particular make.

PROFORMA VII (A)

DETAILS OF PRELIMINARY & PRE-OPERATIVE EXPENSES

Cost already incurred

Proposed to be incurred

Total

Preliminary & Capital issue expenses

(a) Preliminary expenses (company floatation and other incidental expenses)

(b) Other capital issue expenses (legal, advertisement printing, stationery etc.)

(d) Product lanuch expenses

8. Pre-operative expenses

(from ....(date) to ( date of commencement of commercial production)

(a) Establishment

(b) Rent, Rates and Taxes

(d) Misc. Expenses

(e) Interest and commitment charges on borrowings (give details of calculations).

(f) Insurance during construction including erection insurance.

(g) Mortgage expenses

(stamp duty, registration charge and other legal expenses)

(.....% of loan of Rs. ..........Lakhs).

(h) Interest on deferred payments, if any.

(i) Trial Run Expenses

PROFORMA VII (B)

DETAILS OF PROVISION FOR CONTINGENCIES

	Considered
Items of cost	Firm (Rs. In lakhs	Non-firm (Rs. In lakhs	Reasons for considering the cost as firm
1.	2.	3.	4.
1. Land
2. Building 3. Plant & Machinery - Imported - Indigenous - Stores & Spares - Foundation & Installation
4. Technical know-how fees etc.
5. Expenses on foreign techinicing and training of Indian technicians abroad.
6. Miscellaneous fixed assests.
7. Preliminary and capital issue expenses.
8. Pre-operative expenses. _ ______________________________
Total _____________________________
Contingency provision and the basis for calculations.

PROFORMA VIII

ASSESSMENT OF WORKING CAPITAL REQUIREMENTS

I st Year of operation

2nd Year of operation

3rd Year of operation

1. Current Assets

(i) Raw materials

(including stores and other items used

in the process of manufacture)

(a) Imported

(Months consumption)

(See Notes i& ii)

(b) Indigenous

(Months consumption)

(See Notes i& ii)

(ii) Other Consumable spares

(Excluding those included under item (i) above)

(% of total inventory & Month' consumption)

(See Notes i & ii)

(iii) Stock-in process

(Month' cost of production)

(See Note i)

(iv) Finished goods

(Months' cost of sales) (See Note i)

(v) Receivables other than export and deferred receivables

(including bill purchased and discounted by bankers)

(Months' domestic sales excluding deferred payment sales)

(See Note i)

(vi) Export receivables

(including bills purchased and discounted by bankers)

(Months' export sales)

(See Note i)

(vii) Advances suppliers of raw materials and stores/spares consumable

(viii) Other current assets including cash and bank balances and deferred receivables due within one year

(Major items to be specified individually)

Total current assets (I)

I st Year of operation

2nd Year of operation

3rd Year of operation

11. Current Liabilities

(Other than back borrowing for working capital)

(i) Creditors for purchases of raw materials

and stores and consumable spares

(Months' purchases)

(See Note i)

(ii) Advances from customers

(iii) Accrued expenses

(iv) Statuory liabilities

(v) Other current liabilities major items to be specified individually

(See Note iv)

(a)

(b)

Total current liabilities (II) ________________________

III Working capital gap (1 minus II)

IV Margin on working capital

(25% of III/25% of I*)

V Bank borrowings (III-IV )

[*For cases where II method of lending is applicable]

Notes :

(i) The periods to be shown should be in relation to the annual projection for the relative item during that year.

(ii) If the canalised item form a significant part of raw material inventory, they may be shown separately.

(iii) Spare not exceeding 5% of total inventory or those expected to be consumed within 12 months, whichever are lower, may be shown against item (ii)

(iv) Other current liabilities (item II (v) will include instalments of term loan/ liabilities due within one year.

PROFORMA IX

PROJECTION OF PERFORMANCE, FROFITABILITY AND REPAYMENT

Name of Unit

Break-even point: % of Installed capacity:

Break-even Quantity :

Break-even Value :

(Rs. In 000's omited)

Production during the year (quantity):

% utilisation of installed capacity

1st Year

2nd Year

3rd Year

4th Year

5th Year

6th Year

7th Year

8th Year

A. SALES

1. Sales including all miscellaneous receipts ___________________________________

2. Less :Excise ____________________________________

3. Net Sales ____________________________________

B. COST OF PRODUCTION

4. Raw materials consumed

5. Power and fuel

6. Direct labour & wages

7. Consumable stores

8. Repairs and maintenance

9. Other manufacturing expenses

10. Depreciation/Development

Rebate/Investment allowance

Total (cost of production)

PROFORMA IX(Contd.)

(in rupees 000's cmitted)

1st Year

2nd Year

3rd Year

4th Year

5th Year

6th Year

7th Year

8th Year

11. Add: Opening stock-in process

& finished goods (a)_______________________________________________________

12. Deduct :Closing stock

in-process & finished goods

C. Cost of Sales : ________________________________________________________

D. Gross Profit (A- C) (b)________________________________________________________

E Interest :

(i) On term loans

(ii) On working capital

(iii) On other loans, if any

F. Selling, General and Administrative Expenses

G. Proift before taxation

(D-[E+F])

H. Provision for taxes

I. Net Profit (G - H)

J. Depreciation added back

K. Net cash accruals

L. Repayment obligations

(i) Towards term loan

(ii) Towards other loans

Total Repayment

M. Debt. Service Ratio K : L

PROFORMA IX A

DETAILS OF RAW MATERIAL, CONSUMABLES, PACKING MATERIALS

S.No.

Name of Raw Material

Requirement per unit of Finished Project

Annual Requirement

Cost per Unit of Raw Material

Total Cost

Remark (Specify Taxes & Duties applicable.)

Total Cost

Note : 1.The statement should be supported by quotation/invoice with regard to taxes/duties relevent govt. Notification member & data should be mentioned.

2. Quotation form at last three different suppliers should be provided.

3. Requirement of raw material per tonne of finished product should have supporting base/ logical analysis.

4. Market bend for credit on raw material consumable, packing material should be indicated.

PROFORMA IX B

Area wise Sales realisation :

(Rs. In Lacs)

- Annual Installed capacity should be calculated and detailed supporting calculation should be provided.

- Capacity utilisation level per year in next form year should be indicated Sales relation should be given in following format.

S. No.

Name of Product

EX Factory per Unit

Excise Applicable per unit

modvat Benefits (If any)

Sales Tax per unit

Total Cost

Annual Production

Total Sales Realisation

Annual Sales Realisation :

I Year (Total Sales Realisation) X% capacity realisation in I year.

II Year (-do-) x % -do in II year

III Year (-do-) x % -do- in III year

PROFORMA IX C

Power / Fule requirement

S. No.

Name of Machine

No. Of Machine

Connected load per M/c

Total load

Working hours

Power consumption per day in KW

Total

Annual power requirement of power

= (Power consumption per day) X (No of working days per annum) X load factor

Cost of power = Annual Requirement of power x cost per unit (Rs. In lacs)

PROFORMA IX D

Labour Requirement

S.No.		Name of M'c.	Manpower Required per shift	Requirement per day	Skilled semi skilled/ unskilled	Salary per month	Annual Salary
Total Shop fioor supervisor
S. No.		Particular	Nos of persons required	Salary per month per person	Annual Salary per person	Total Salary
1.	Works Manager
2.	Quality Controller Manager
3.	Electrical Engineer
4.	Maintenance Engineer
5.	Shift supervisor
6.	Others( Specify)