|
Report Date : |
23.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
SHREE LAXMI AGRO INDUSTRIES |
|
|
|
|
Registered
Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Year of
Establishment : |
01.04.2014 |
|
|
|
|
Capital
Investment : |
Not Divulged |
|
|
|
|
PAN No.: [Permanent Account No.] |
ACNFS8968G |
|
|
|
|
Legal Form : |
Partnership Concern with an Unlimited Liability of the Partners |
|
|
|
|
Line of Business
: |
Manufacturer of Extracting Non-Edible Oil from Cotton Seeds and |
|
|
|
|
No. of Employees
: |
20 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
- |
NB |
New Business |
- |
|
Status : |
New Concern |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a new proprietary concern and establishing itself
gradually. Mr. Bhupendrabhai Patel, Partner provided all information and also confirmed
that the concern has commenced its operation. Trade relations are reported to be improving. Business is active.
Payment terms are unknown. The concern can be considered for business dealings on a fully safe
and secured trade terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
N E W S
As per the latest IMF study, the total weigh of emerging markets in the
GDP of the world on a purchasing power parity basis has seen a sizeable shift. It
highlights how as against 51 % in 2005, the emerging economies now account for
close to 56 % of the global purchasing power GDP as per the latest survey. And
with the emerging economies growing at a faster rate than their developed
counterparts, there are every possibility that the their share goes up further
in the coming years. China may surpass the US over the next few years.
Politics and economics are very intricately connected. They tend to influence
each other in ways that could be very complex and far-reaching. The prospects
of the India’s economy have been seriously compromised due to political
corruption. High inflation, poor standard of living are to a great extent a
result of rampant corruption in the country. China on the other hand, seems to
be facing diametrically opposite challenge. American hedge fund manager Jim
Chanos has been keenly following the political and economic development in the
dragon economy and has figured out something that is quite worrying. He is of
the view that the Chinese economy could be heading toward trouble on account of
new Chinese President Xi Jingping’s very aggressive anti-corruption drive.
Chanos believes that many things such as apartment sales, luxury products, etc.
were largely bought with dirty money. And it is now beginning to impact
consumption. This may indeed be bad news for an economy that is struggling to
transition from an investment-driven export-oriented economy to a domestic
consumption-driven economy.
A study published by Firstpost has revealed that asset classes like real
estate and equities were the biggest beneficiaries of the liberalization
policies. A firm called Ciane Analytics studied returns from assets
including equities, gold, fixed deposits, G-Secs and real estate since 1991.
Real estate outperformed every other asset classes during the 23-year period
with an annualized return of 20 % ! Equities came in second with annualized
return of 15.5 % ! However, while these returns may seem mouthwatering, the
fact is that the return from equities adjusted for inflation came down to just
7.1 %.
Some brief news are as under
. R-Power to buy Jaypee’s hydro assets
. Investors await justice in NSEL case
. India seeks MFN status from Pakistan ahead of meeting
. Ukrain’s clashes with rebels hinder MH17 crash investigation
. India exploring merger of state-owned hydro PSUs
..Higher costs weigh down profit growth to slowest in 9 quarters
..Wal-Mart to expand wholesale business in India
. GMR group moves to strengthen balance sheet
. Central Bank to sell 4 % stake to Life Insurance Corporation
. Tata Chemicals plans to raise up to Rs 10000 mn.
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2014.
INFORMATION PARTED BY
|
Name : |
Mr. Ghanshyambhai Kanubhai Patel |
|
Designation : |
Partner |
|
Contact No.: |
91-9879166572 |
|
Date : |
22.08.2014 |
LOCATIONS
|
Registered Office/ Factory : |
Kevadia Road, At and Post Bhailakui, Kapadwanj, District Kheda -
387610, Gujarat,
India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9879166572 [Mr. Ghanshyambhai Kanubhai Patel] |
|
Fax No.: |
Not Available |
PARTNERS
|
Name : |
Mr. Kanubhai Bhagabhai Patel |
|
Designation : |
Partner |
|
PAN No.: |
CMTPP4425K |
|
|
|
|
Name : |
Mrs. Laxmiben Kanubhai Patel |
|
Designation : |
Partner |
|
PAN No.: |
CMTPP4519E |
|
|
|
|
Name : |
Mr. Ghanshyambhai Kanubhai Patel |
|
Designation : |
Partner |
|
PAN No.: |
AOCPP1995F |
|
|
|
|
Name : |
Mr. Maheshbhai Kanubhai Patel |
|
Designation : |
Partner |
|
PAN No.: |
BNUPP9185M |
|
|
|
|
Name : |
Mr. Kamleshbhai Kanubhai Patel |
|
Designation : |
Partner |
|
PAN No.: |
BNUPP9214M |
|
|
|
|
Name : |
Mrs. Rashmika Ghanshyambhai Patel |
|
Designation : |
Partner |
|
PAN No.: |
BNUPP8844H |
|
|
|
|
Name : |
Mrs. Kamini Maheshbhai Patel |
|
Designation : |
Partner |
|
PAN No.: |
CMTPP2768R |
|
|
|
|
Name : |
Mrs. Kinjal Kamleshbhai Patel |
|
Designation : |
Partner |
|
PAN No.: |
CMTPP2882E |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of extracting Non-Edible Oil from Cotton Seeds and Sale
of Cotton Seed Oil and De-oiled Cake. |
PRODUCTION STATUS
|
Sr. No. |
Items of Manufacture |
Capacity Per Annum |
|
1 |
Manufacture of Cotton
Oil, Cotton Cake, Bagadu |
4000 Tonne/ M
Tonne |
GENERAL INFORMATION
|
No. of Employees : |
20 (Approximately) |
|
|
|
|
Bankers : |
· Bank of India At and Post Ukardina Muvada, Taluka Kapadvanj, District Kheda –
387610, Gujarat, India |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
J. D. Vakil Chartered Accountant |
|
Address : |
Kheda, Gujarat, India |
CAPITAL STRUCTURE
|
Capital Investment : |
|
|
Owned : |
Not Divulged |
|
Borrowed : |
Not Divulged |
|
Total : |
Not Divulged |
FINANCIAL DATA
[all figures are
in Rupees Millions]
NEW BUSINESS
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
No |
|
8] |
No. of employees |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact
person |
Yes |
|
11] |
Turnover of firm for last
three years |
No |
|
12] |
Profitability for last
three years |
No |
|
13] |
Reasons for variation
<> 20% |
-- |
|
14] |
Estimation for coming financial
year |
Yes |
|
15] |
Capital in the business |
No |
|
16] |
Details of sister
concerns |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details
(if applicable) |
No |
|
21] |
Market information |
-- |
|
22] |
Litigations that the firm
/ promoter involved in |
-- |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
No |
|
25] |
Conduct of the banking
account |
-- |
|
26] |
Buyer visit details |
-- |
|
27] |
Financials, if provided |
No |
|
28] |
Incorporation details, if
applicable |
No |
|
29] |
Last accounts filed at
ROC |
No |
|
30] |
Major Shareholders, if
available |
No |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
No |
|
32] |
PAN of
Proprietor/Partner/Director, if available |
Yes |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
------------------------------------------------------------------------------------------------------------------------------
COST OF
PROJECT
(RS. IN MILLIONS)
|
PARTICULARS |
AMOUNT
|
|
|
|
|
Cost of factory building/shed etc. |
8.826 |
|
|
|
|
Cost of machinery, tanks elec motors etc. |
5.922 |
|
|
|
|
Working capital gap |
2.630 |
|
|
|
|
TOTAL |
17.488 |
MEANS OF FINANCE
(RS. IN MILLIONS)
|
PARTICULARS |
AMOUNT
|
|
|
|
|
Term Loan – 1 & 2 |
10.000 |
|
|
|
|
Promoters equity |
5.000 |
|
|
|
|
Unsecured loans |
2.488 |
|
|
|
|
TOTAL |
17.488 |
The promoters of the firm require C/C of Rs. 10.000 Millions for Working
Capital, Term Loans of Rs. 10.000 Million for Construction of Factory Building (Rs.
6.000 Millions) and Oil Extraction – Machinery, Tanks, Electric Motors and
Other Accessories [Rs. 4.000 Millions].
------------------------------------------------------------------------------------------------------------------------------
ASSESMENT OF WORKING
CAPITAL REQUIREMENTS
ANALYSIS
OF BALANCE SHEET
(RS. IN MILLIONS)
|
Sr. No |
PARTICULARS |
March 2015 |
March 2016 |
March 2017 |
March 2018 |
March 2019 |
March 2020 |
|
|
|
Estimated |
Projected |
Projected |
Projected |
Projected |
Projected |
|
|
CURRENT LIABILITIES |
|
|
|
|
|
|
|
1 |
Short
term borrowings from banks |
|
|
|
|
|
|
|
|
(i) From applicant bank |
10.000 |
10.000 |
10.000 |
10.000 |
10.000 |
10.000 |
|
|
(ii)
From other banks |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
2 |
Short
term borrowings from others |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
3 |
Deposits [Maturing within 1 year] |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
4 |
Sundry
Creditors - Trade |
0.750 |
1.225 |
1.350 |
1.465 |
1.570 |
1.625 |
|
|
|
|
|
|
|
|
|
|
5 |
Unsecured Loans |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
6 |
Advance/
Progress payments from customers/deposits from dealers |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
7 |
Interest and other charges accrued but not
due for payment |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
8 |
Provision
for Taxation |
0.100 |
0.150 |
0.200 |
0.250 |
0.300 |
0.350 |
|
|
|
|
|
|
|
|
|
|
9 |
Dividend
Payable |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
10 |
Other
statutory liabilities (due
within one year) |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
11 |
Instalments
of term loan/ DPCs/ Debentures etc. (due within one year) |
1.724 |
1.724 |
1.724 |
1.724 |
1.524 |
0.924 |
|
|
|
|
|
|
|
|
|
|
12 |
Other
current liabilities & Provisions |
0.350 |
0.315 |
0.375 |
0.410 |
0.425 |
0.465 |
|
|
|
|
|
|
|
|
|
|
13 |
TOTAL CURRENT LIABILITIES |
12.924 |
13.414 |
13.649 |
13.849 |
13.819 |
13.364 |
|
|
|
|
|
|
|
|
|
|
|
TERM LIABILITIES |
|
|
|
|
|
|
|
14 |
Debentures
|
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
15 |
Redeemable
Preference Shares (not maturing within 1 year but of maturity not exceeding
12 years) |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
16 |
Term
loans (exclusive of instalments payable within one year) |
7.846 |
6.122 |
4.398 |
2.674 |
1.150 |
0.226 |
|
|
|
|
|
|
|
|
|
|
17 |
Deferred
Payment Credits (excl. instalments due within one year) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
18 |
Term
deposits (repayable after one year) |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
|
|
|
|
|
|
|
|
|
|
19 |
Other
term liabilities [Unsecured loans] |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
20 |
Deferred tax liabilities |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
21 |
TOTAL TERM LIABILITIES |
10.346 |
8.622 |
6.898 |
5.174 |
3.650 |
2.726 |
|
|
|
|
|
|
|
|
|
|
22 |
TOTAL OUTSIDE LIABILITIES |
23.270 |
22.036 |
20.547 |
19.023 |
17.469 |
16.090 |
|
|
|
|
|
|
|
|
|
|
|
CAPITAL AND RESERVES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
23 |
Ordinary
Share Capital |
5.000 |
5.000 |
5.000 |
5.000 |
5.000 |
5.000 |
|
|
|
|
|
|
|
|
|
|
24 |
Share Premium |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
25 |
General
Reserve |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
26 |
Share Premium |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
27 |
Other
Reserves (excluding provisions) |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
28 |
Profit
& Loss Account |
0.565 |
1.355 |
2.210 |
3.010 |
3.910 |
4.810 |
|
|
|
|
|
|
|
|
|
|
29 |
NET WORTH |
5.565 |
6.355 |
7.210 |
8.010 |
8.910 |
9.810 |
|
|
|
|
|
|
|
|
|
|
30 |
TOTAL LIABILITIES |
28.835 |
28.391 |
27.757 |
27.033 |
26.379 |
25.900 |
|
|
|
|
|
|
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31 |
Cash
& Bank balances |
1.043 |
1.135 |
1.023 |
1.093 |
1.058 |
1.102 |
|
|
|
|
|
|
|
|
|
|
32 |
Investments [Other than long term] - Govt. and Other Securities |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
- Fixed deposits with banks |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
33 |
Receivables [Other than deferred] - Domestic receivables |
3.461 |
4.195 |
4.773 |
4.969 |
5.205 |
5.392 |
|
|
- Export receivables |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
34 |
Instalments of deferred receivables [due
within 1 year] |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
35 |
Inventory
|
11.025 |
11.245 |
11.435 |
11.570 |
11.685 |
11.840 |
|
|
|
|
|
|
|
|
|
|
36 |
Advance
to suppliers of Raw materials |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
37 |
Advance
payment of taxes |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
38 |
Other
current assets |
0.025 |
0.065 |
0.110 |
0.155 |
0.215 |
0.250 |
|
|
|
|
|
|
|
|
|
|
39 |
TOTAL CURRENT ASSET |
15.554 |
16.640 |
17.341 |
17.787 |
18.163 |
18.584 |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
40 |
Gross
Block (work-in-progress) |
14.526 |
12.781 |
11.251 |
9.916 |
8.746 |
7.716 |
|
|
|
|
|
|
|
|
|
|
41 |
Depreciation
|
1.745 |
1.530 |
1.335 |
1.170 |
1.030 |
0.900 |
|
|
|
|
|
|
|
|
|
|
42 |
Net
Block |
12.781 |
11.251 |
9.916 |
8.746 |
7.716 |
6.816 |
|
|
|
|
|
|
|
|
|
|
43 |
OTHER NON-CURRENT
ASSETS |
|
|
|
|
|
|
|
|
-
Investments in subsidiary companies |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
-
Investment in Other Companies |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
-
Advances for capital goods |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
-
Deferred receivables |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
-
Others |
0.500 |
0.500 |
0.500 |
0.500 |
0.500 |
0.500 |
|
|
|
|
|
|
|
|
|
|
44 |
Non
consumables stores & spare |
-- |
-- |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
45 |
Other
misc. assets (incl. Dues from director) |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
46 |
TOTAL NON-CURRENT ASSETS |
0.500 |
0.500 |
0.500 |
0.500 |
0.500 |
0.500 |
|
|
|
|
|
|
|
|
|
|
47 |
Intangible assets |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
48 |
TOTAL ASSETS |
28.835 |
28.391 |
27.757 |
27.033 |
26.379 |
25.900 |
|
|
|
|
|
|
|
|
|
|
|
Tangible
net worth |
5.565 |
6.355 |
7.210 |
8.010 |
8.910 |
9.810 |
|
|
Unsecured
loans considered as equity |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
|
|
Adjusted
TNW |
8.065 |
8.855 |
9.710 |
10.510 |
11.410 |
12.310 |
|
|
Net
Working Capital |
2.630 |
3.226 |
3.692 |
3.938 |
4.344 |
5.220 |
|
|
Current
Ratio |
1.20 |
1.24 |
1.27 |
1.28 |
1.31 |
1.39 |
|
|
Debt-Equity
Ratio |
2.58 |
2.21 |
1.86 |
1.57 |
1.31 |
1.10 |
|
|
ISCR |
2.51 |
2.46 |
2.53 |
2.66 |
2.86 |
3.11 |
|
|
Profitability
|
1.03 |
1.20 |
1.26 |
1.38 |
1.50 |
1.63 |
|
|
|
|
|
|
|
|
|
|
|
Sales
|
55.000 |
95.000 |
100.000 |
103.500 |
107.000 |
110.000 |
|
|
Other
Income |
0.050 |
0.070 |
0.080 |
0.085 |
0.090 |
0.095 |
|
|
Gross
Profit |
2.520 |
3.000 |
2.950 |
2.995 |
3.115 |
3.215 |
|
|
Depreciation
|
1.745 |
1.530 |
1.335 |
1.170 |
1.030 |
0.900 |
|
|
Taxes
|
0.210 |
0.330 |
0.360 |
0.400 |
0.480 |
0.520 |
|
|
Net
Profit |
0.565 |
1.140 |
1.255 |
1.425 |
1.605 |
1.795 |
|
|
Interest
|
1.525 |
1.830 |
1.695 |
1.560 |
1.415 |
1.280 |
|
|
Stock
|
7.706 |
7.515 |
7.564 |
7.579 |
7.586 |
7.661 |
|
|
Book
debts |
2.250 |
2.727 |
3.102 |
3.230 |
3.383 |
3.505 |
|
|
Total
|
9.956 |
10.242 |
10.666 |
10.809 |
10.970 |
11.166 |
|
|
Profitability
in % = PAT/Net Sales *100 |
1.03 |
1.20 |
1.26 |
1.38 |
1.50 |
1.63 |
|
|
Inventory
+ Receivables / Sales |
0.26338 |
0.16253 |
0.16208 |
0.1597971 |
0.1578505 |
0.1566545 |
------------------------------------------------------------------------------------------------------------------------------
VALUATION REPORT OF
IMMOVABLE PROPERTY TO BE CONSTRUCTED FOR SHREE AGRO INDUSTRIES OF KANUBHAI BHAGABHAI
PATEL
PART I
|
GENERAL DETAILS |
|||||||||||||||||||||||||||||
|
Purpose
for which valuation is made |
For
bank finance from Ukardinamuvada branch of Bank of India |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Date
as on which valuation is made |
11-06-2014.
It is inspected on 09-06-2014 |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Name
of the Owner / Owners |
(1) Kanubhai Bhagabhai
Patel (2) Laxmiben Kanubhai
Patel (3) Ghanshyambhai
Kanubhai Patel (4) Maheshbhai Kanubhai
Patel (5) Kamleshbhai Kanubhai
Patel (As
per 7/12 and grampanchayat record) Shree
Laxmi Agro Industries |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
If
the property is under Joint Ownership/ Co Ownership Share of each such owner |
Joint
Ownership |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Brief description of the property |
It
is a single storied industrial building to be constructed |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Location, Street, Ward No. (Postal Address) |
On
Jaloya Kevadia road, about 13 km from Kapadvanj and 6km from Ukardinamuvada
and about 1½ km from Bhailakui, at Kevadia, Ta. Kapadvanj, Dist. Kheda |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Survey/Plot
No. of Land |
R.S.
No. 495/paiki1, Khata No.664 of village Kevadia |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Is
the property situated in the Residential/ Commercial/ Industrial/ Mixed Area |
It
is an Industrial area |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Classification
of Locality – High class/ Middle class/ Poor class |
It
is a middle class locality |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Proximity
to civic amenities like School, Hospitals, offices, market, cinemas etc |
Located
within 2km from the site |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Means
and proximity to surface communication by which the locality is served |
Road
transport facilities are available at the city. |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Area
of land supported by documentary proof, dimensions and physical features |
3136.00
s.mt. (As
per 7/12) |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Is
it freehold or leasehold land? If
leasehold, the name of lessor/ lessee, nature of lease, date of commencement
and terms of renewal of lease. |
It
is a freehold land |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Is
there any restrictive covenant in regard to use of land? If so, attach a copy
of the covenant |
No.
|
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Are
there any agreements of easements? If so, attach copies |
No. |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Does
the land fall in an area included in any town planning scheme or any
development plan of government or statutory body? |
No. |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Has
any contribution been made towards development or is any demand for such
contribution still outstanding? |
No. |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Has
any whole or part of the land been notified for acquisition by government or
any statutory body? Give date of notification |
No. |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Attached
a dimensioned site plan |
Site
inspection has been carried out |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Attach
plans and elevations of all structures standing on the land and a layout plan |
Site
inspection has been carried out |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
(a)
Is the building owner occupied / tenanted
/ both ? (b)
If partly owner occupied, specify portion and extent of area under owner’s
occupation |
It
is owner occupied. |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
What
is the floor spare index permissible and actually utilized |
FSI
used in within permissible limits |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Land
rate adopted in this valuation |
Rs.
1000/s.mt. |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
If
sale instances are not available or not relied upon, the basis of arriving at
the land rate |
By
local market inquiry |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Year
of commencement of construction and year of completion |
To
be constructed |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Demarcation
|
North:
R.S. No. 495 South:
R.S. No. 497 East
: R.S. No. 494 West
: R.S. No. 496 |
||||||||||||||||||||||||||||
|
Accommodation
provided are as under: Oil Mill: Office, toilet, open shed, drying platform, compound wall with gate. It is to be constructed as per approved plan. N.A. for industrial purposed vide letter No. JNM/LND/N.A./S.R./kalam-65/2009 Taluka panchayat office REV/vasi/447/452 dated 21-03-2014. Plan approved by town planning authority vide letter No. 1503 dated 30-09-2013 and construction permission approved by kevadia grampanchayat vide letter dated 30-05-2014. Kevadia is a small village having population of 2500 souls. Village road, street lights, and primary education is available at the village. It is 13km from Kapadvanj and 6km from Ukardinamuvada. TECHNICAL DETAILS |
|||||||||||||||||||||||||||||
|
No
of floors and height of each floor |
Ground
Floor height is 4.00m Pl.
Height is 0.75 m |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Plinth
area –floor wise (as per IS-3861-1966) |
Office
and Oil Mill: 450.00 s.mt. Open
Shed: 288.00 s.mt. Drying
platform: 800.00 s.mt. |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Year
of Construction |
To
be constructed |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Estimated
future life |
50
years |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Type
of construction – Load bearing walls/ r.c.c. frame/ Steel frame |
Load
bearing brick wall |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Type
of foundations |
Spread
footing |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Walls
(a)
Basement and plinth (b)
Groud Floor |
35
cm. th. 23
cm. th. |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Partitions
|
11.5
cm. th. |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Door
and Windows |
M.S.
rolling shutter, M.S. grill for ventilation, wooden doors for toilets |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Flooring
- (Floor-wise) |
R.C.C.
flooring in oil mill, open shed, and drying platform, and Vitrified tiles flooring
in office, and fully glazed toilets |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Finishing
|
Smooth
cement plaster and colour work |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Roofing
and Terracing |
C.G.I.
sheet roofing supported over M.S.
trusses and purlins |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Special
Architectural or Decorative. |
Good
elevation |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
(a)
Internal Wiring – Surface or Conduit (b)
Class of fitting – Superior/ ordinary/ poor |
Surfaced
wiring Superior
Fittings |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Sanitary
Installation (i) (a)
No. of water closets (b)
No. of lavatory basins (c)
No. of sinks (d)
No. of bath tubs (e)
No. of bidets (f)
No. of geysers (ii)
Class of fittings – Superior
coloured/ Superior/ White/ Ordinary |
Two
Two
Two -- -- -- Superior
|
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Compound
Wall – (a)
Height and Length (b)
Type of Construction |
2.00mt.
height, 280.00 r.mt. length. Brick
masonry wall and plaster on both faces. |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
No.
of pumps and their horsepower |
Tubewell
is provided for water supply |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Sewage
disposal - whether connected to public sewers. If septic tanks provide no.
and capacity |
Sewage
disposal by septic tank and soak well |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
PART
II Market Value: Its
Market value is estimated considering situation, location, type of building, demand
for similar properties in the locality and prevailing market prices as
follows: Land Value:
Building Value:
Distress Value :
Jantri Value :
|
|||||||||||||||||||||||||||||
------------------------------------------------------------------------------------------------------------------------------
VALUATION
REPORT OF IMMOVABLE PROPERTY OF KANUBHAI BHAGABHAI PATEL
PART I
|
GENERAL DETAILS |
||||||||||||||||||
|
Purpose
for which valuation is made |
For
bank finance from Ukardinamuvada branch of Bank of India |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Date
as on which valuation is made |
11-06-2014.
It is inspected on 09-06-2014 |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Name
of the Owner / Owners |
Kanubhai Bhagabhai Patel (As
per grampanchayat record) Shree
Laxmi Agro Industries |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
If
the property is under Joint Ownership/ Co Ownership Share of each such owner |
Self
|
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Brief description of the property |
It
is a double storied old residential building at present it is used for shop. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Location, Street, Ward No. |
Kumbharwada
[Prajapativas], at Village Bhailakui, Ta. Kapadvanj, District Kheda. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Survey/Plot
No. of Land |
Grampanchayat
House No. 216 of Village Bhailakui |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Is
the property situated in the Residential/ Commercial/ Industrial/ Mixed Area |
It
is a Residential and Commercial Area |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Classification
of Locality – High class/ Middle class/ Poor class |
It
is a middle class locality |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Proximity
to civic amenities like School, Hospitals, offices, market, cinemas etc. |
Located
within nearby |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Means
and proximity to surface communication by which the locality is served |
Road
transport facilities are available at the city. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Area
of land supported by documentary proof, dimensions and physical features |
53.58
s.mt. (As
per site measurement) |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Is
it freehold or leasehold land? If
leasehold, the name of lessor/ lessee, nature of lease, date of commencement
and terms of renewal of lease. |
It
is a freehold land |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Is
there any restrictive covenant in regard to use of land? If so, attach a copy
of the covenant |
No.
|
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Are
there any agreements of easements? If so, attach copies |
No. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Does
the land fall in an area included in any town planning scheme or any
development plan of government or statutory body? |
No. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Has
any whole or part of the land been notified for acquisition by government or
any statutory body? Give date of notification |
No. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Attached
a dimensioned site plan |
Not
available. Site inspection has been carried out |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Attach
plans and elevations of all structures standing on the land and a layout plan |
Not
available. Site inspection has been carried out |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
(a)
Is the building owner occupied / tenanted
/ both ? (b)
If partly owner occupied, specify portion and extent of area under owner’s
occupation |
It
is owner occupied. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
What
is the floor spare index permissible and actually utilized |
FSI
used in within permissible limits |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
What
is the amount of property tax? Who has to bear it? Give details with documentary
proof |
Rs.
70/year. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Land
rate adopted in this valuation |
Rs.
4000/s.mt. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
If
sale instances are not available or not relied upon, the basis of arriving at
the land rate |
By
local market inquiry |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Year
of commencement of construction and year of completion |
About
30 Years old |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Demarcation
|
North:
Road South:
Property of Prajapati Bhikhabhai Somabhai East
: Road West
: Property of Bhagabhai Kodarbhai and open land |
|||||||||||||||||
|
It
is a double stories old residential building at present ground floor is used
for shop and first floor is used for godown. Accommodation
provided are as under: Ground Floor: Otta covered with c.g.i. sheet roofing and three rooms, wooden staircase. First Floor: Same accommodation is provided and its covered with c.g.i. sheet roofing supported over wooden ballies. Bhailakui is a small village having population of 1500 souls, Village road, street lights, and primary education is available at the village. It is 12km from Kapadvanj and 5km from Ukardinamuvada. TECHNICAL DETAILS |
||||||||||||||||||
|
No
of floors and height of each floor |
Ground
Floor height is 2.75m. First
floor height 3.00mt. Pl.
Height is 0.30m. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Plinth
area floor wise (as per IS-3861-1966) |
G.F:
53.58 s.mt. (As per site measurement) F.F:
53.58 s.mt. (As per site measurement) Total:
107.16 s.mt. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Year
of Construction |
About
30 Years old |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Estimated
future life |
40
years |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Type
of construction – Load bearing walls/ r.c.c. frame/ Steel frame |
Load
bearing brick wall. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Type
of foundations |
Spread
footing. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Walls
(a)
Basement and plinth (b)
Ground Floor |
35
cm. th. 23
cm. th. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Partitions
|
11.5
cm. th. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Door
and Windows |
Wooden
door and windows with oil paint. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Flooring
- (Floor-wise) |
Rough
kota stone flooring |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Finishing
|
Smooth
cement plaster and colour work |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Roofing
and Terracing |
Wooden
floor and c.g.i. sheet roofing |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
Special
Architectural or Decorative features, if any |
Ordinary
|
|||||||||||||||||
|
|
|
|||||||||||||||||
|
(a)
Internal Wiring – Surface or Conduit (b)
Class of fitting – Superior/ ordinary/ poor |
Surfaced
wiring. Ordinary
Fittings. |
|||||||||||||||||
|
|
|
|||||||||||||||||
|
PART
II Market Value: Its
Market value is estimated considering situation, location, type of building,
demand for similar properties in the locality and prevailing market prices as
follows:
Distress Value :
Jantri Value :
|
||||||||||||||||||
------------------------------------------------------------------------------------------------------------------------------
VALUATION REPORT OF
IMMOVABLE PROPERTY OF KANUBHAI BHAGABHAI PATEL
PART I
|
GENERAL DETAILS |
|||||||||||||
|
Purpose
for which valuation is made |
For
bank finance from Ukardinamuvada branch of Bank of India |
||||||||||||
|
|
|
||||||||||||
|
Date
as on which valuation is made |
11-06-2014.
It is inspected on 09-06-2014 |
||||||||||||
|
|
|
||||||||||||
|
Name
of the Owner / Owners |
Kanubhai Bhagabhai Patel (As
per grampanchayat record) Shree
Laxmi Agro Industries |
||||||||||||
|
|
|
||||||||||||
|
If
the property is under Joint Ownership/ Co Ownership Share of each such owner |
Self
|
||||||||||||
|
|
|
||||||||||||
|
Brief description of the property |
It
is a single storied residential building |
||||||||||||
|
|
|
||||||||||||
|
Location, Street, Ward No. (Postal Address) |
Near
Prathmik shala, at village Bhailakui, Ta. Kapadvanj, Dist. Kheda |
||||||||||||
|
|
|
||||||||||||
|
Survey/Plot
No. of Land |
Grampanchayat
House No. 312 and 313 of village Bhailakui |
||||||||||||
|
|
|
||||||||||||
|
Is
the property situated in the Residential/ Commercial/ Industrial/ Mixed Area |
It
is a Residential area |
||||||||||||
|
|
|
||||||||||||
|
Classification
of Locality – High class/ Middle class/ Poor class |
It
is a middle class locality |
||||||||||||
|
|
|
||||||||||||
|
Proximity
to civic amenities like School, Hospitals, offices, market, cinemas etc |
Located
within nearby |
||||||||||||
|
|
|
||||||||||||
|
Means
and proximity to surface communication by which the locality is served |
Road
transport facilities are available at the village |
||||||||||||
|
|
|
||||||||||||
|
Area
of land supported by documentary proof, dimensions and physical features |
1218.00
s.mt. (As
per site measurement) |
||||||||||||
|
|
|
||||||||||||
|
Is
it freehold or leasehold land? If
leasehold, the name of lessor/ lessee, nature of lease, date of commencement and
terms of renewal of lease. |
It
is a freehold land |
||||||||||||
|
|
|
||||||||||||
|
Is
there any restrictive covenant in regard to use of land? If so, attach a copy
of the covenant |
No.
|
||||||||||||
|
|
|
||||||||||||
|
Are
there any agreements of easements? If so, attach copies |
No. |
||||||||||||
|
|
|
||||||||||||
|
Does
the land fall in an area included in any town planning scheme or any
development plan of government or statutory body? |
No. |
||||||||||||
|
|
|
||||||||||||
|
Has
any contribution been made towards development or is any demand for such
contribution still outstanding? |
No. |
||||||||||||
|
|
|
||||||||||||
|
Has
any whole or part of the land been notified for acquisition by government or
any statutory body? Give date of notification |
No. |
||||||||||||
|
|
|
||||||||||||
|
Attached
a dimensioned site plan |
Not
available. Site inspection has been carried out |
||||||||||||
|
|
|
||||||||||||
|
Attach
plans and elevations of all structures standing on the land and a layout plan |
Not
available. Site inspection has been carried out |
||||||||||||
|
|
|
||||||||||||
|
(a)
Is the building owner occupied / tenanted
/ both ? (b)
If partly owner occupied, specify portion and extent of area under owner’s
occupation |
It
is owner occupied. |
||||||||||||
|
|
|
||||||||||||
|
What
is the floor spare index permissible and actually utilized |
FSI
used in within permissible limits |
||||||||||||
|
|
|
||||||||||||
|
What
is the amount of property tax? Who has to bear it? Give details with
documentary proof |
Rs.
1050/year. |
||||||||||||
|
|
|
||||||||||||
|
Land
rate adopted in this valuation |
Rs.
1000/s.mt. |
||||||||||||
|
|
|
||||||||||||
|
If
sale instances are not available or not relied upon, the basis of arriving at
the land rate |
By
local market inquiry |
||||||||||||
|
|
|
||||||||||||
|
Year
of commencement of construction and year of completion |
2008 |
||||||||||||
|
|
|
||||||||||||
|
Demarcation
|
North:
Road and open land South:
Open land and primary school East
: Property of Natubhai Parshottambhai West
: Govt. Land |
||||||||||||
|
Accommodation
provided are as under: Both
the numbers are adjacent to each other and same accommodation is provided in
both the house No. 312 and 313. Ground Floor: Parking common verandah covered with M.S. grill and grill door, living room, three bed rooms, kitchen, back side verandah covered with M.S. grill, r.c.c. staircase, store room, bath and w.c. are provided outside of the building. First Floor: Open terrace. Wooden cup boards in front verandah and kitchen are provided. Polish kota stone paving provided in 3.65mt width surrounding the building. Construction permission has been obtained from Bhailakui Grampanchayat. Bhailakui is a small village having population of 1500 souls, Village road, street lights, and primary education is available at the village. It is 12km from Kapadvanj and 5km from Ukardinamuvada. TECHNICAL DETAILS |
|||||||||||||
|
No
of floors and height of each floor |
Ground
Floor height is 3.35m Pl.
Height is 0.45m |
||||||||||||
|
|
|
||||||||||||
|
Plinth
area –floor wise (as per IS-3861-1966) |
G.F:
266.61 s.mt. (As per site measurement) |
||||||||||||
|
|
|
||||||||||||
|
Year
of Construction |
2008 |
||||||||||||
|
|
|
||||||||||||
|
Estimated
future life |
60
years |
||||||||||||
|
|
|
||||||||||||
|
Type
of construction – Load bearing walls/ r.c.c. frame/ Steel frame |
Load
bearing brick wall and r.c.c. column. |
||||||||||||
|
|
|
||||||||||||
|
Type
of foundations |
Spread
footing |
||||||||||||
|
|
|
||||||||||||
|
Walls
(a)
Basement and plinth (b)
Groud Floor |
35
cm. th. 23
cm. th. |
||||||||||||
|
|
|
||||||||||||
|
Partitions
|
11.5
cm. th. |
||||||||||||
|
|
|
||||||||||||
|
Door
and Windows |
Wooden
door and windows with oil paint. |
||||||||||||
|
|
|
||||||||||||
|
Flooring
- (Floor-wise) |
Good
quality of polish kota stone flooring, Fully glazed toilet and granite top
kitchen platform are provided |
||||||||||||
|
|
|
||||||||||||
|
Finishing
|
Smooth
cement plaster and colour work |
||||||||||||
|
|
|
||||||||||||
|
Roofing
and Terracing |
R.C.C.
slab |
||||||||||||
|
|
|
||||||||||||
|
Special
Architectural or Decorative. |
Good
elevation |
||||||||||||
|
|
|
||||||||||||
|
(a)
Internal Wiring – Surface or Conduit (b)
Class of fitting – Superior/ ordinary/ poor |
Concealed
wiring Superior
Fittings |
||||||||||||
|
|
|
||||||||||||
|
Sanitary
Installation (i) (a)
No. of water closets (b)
No. of lavatory basins (c)
No. of sinks (d)
No. of bath tubs (e)
No. of bidets (f)
No. of geysers (ii)
Class of fittings – Superior
coloured/ Superior/ White/ Ordinary |
Two
Two
Two -- -- -- Superior
|
||||||||||||
|
|
|
||||||||||||
|
Compound
Wall – (a)
Height and Length (b)
Type of Construction |
2.00mt
height 23
cm thick brick wall provided the surround the area |
||||||||||||
|
|
|
||||||||||||
|
Overhead
water tank |
1000ltr.
Capacity. PVC tank located on terrace |
||||||||||||
|
|
|
||||||||||||
|
Sewage
disposal - whether connected to public sewers. If septic tanks provide no.
and capacity |
Panchayat
water supply and drainage by soak well |
||||||||||||
|
|
|
||||||||||||
|
PART
II Market Value: Its
Market value is estimated considering situation, location, type of building,
demand for similar properties in the locality and prevailing market prices as
follows:
Distress Value : Distress Value is estimated 20% less i.e. Rs. 3.533 Millions Jantri Value :
|
|||||||||||||
------------------------------------------------------------------------------------------------------------------------------
VALUATION REPORT OF
IMMOVABLE PROPERTY OF BHAGABHAI KODARBHAI PATEL
PART 1
|
GENERAL
DETAILS |
|||||||||||||||
|
Purpose
for which valuation is made |
For
bank finance from Ukardinamuvada branch of Bank of India |
||||||||||||||
|
|
|
||||||||||||||
|
Date
as on which valuation is made |
11-06-2014.
It is inspected on 09-06-2014 |
||||||||||||||
|
|
|
||||||||||||||
|
Name
of the Owner / Owners |
Bhagabhai Kodarbhai
Patel (As per grampanchayat record) Shree
Laxmi Agro Industries |
||||||||||||||
|
|
|
||||||||||||||
|
If
the property is under Joint Ownership/ Co Ownership Share of each such owner |
Self
|
||||||||||||||
|
|
|
||||||||||||||
|
Brief description of the property |
It
is a double storied old residential building and open land |
||||||||||||||
|
|
|
||||||||||||||
|
Location, Street, Ward No. (Postal Address) |
Patel
Faliya, at village Bhailakui, Ta. Kapadvanj, Dist. Kheda. |
||||||||||||||
|
|
|
||||||||||||||
|
Survey/Plot
No. of Land |
Grampanchayat
House No.107 and 108 of village Bhailakui |
||||||||||||||
|
|
|
||||||||||||||
|
Is
the property situated in the Residential/ Commercial/ Industrial/ Mixed Area |
It
is a Residential area |
||||||||||||||
|
|
|
||||||||||||||
|
Classification
of Locality – High class/ Middle class/ Poor class |
It
is a middle class locality |
||||||||||||||
|
|
|
||||||||||||||
|
Proximity
to civic amenities like School, Hospitals, offices, market, cinemas etc |
Located
within nearby |
||||||||||||||
|
|
|
||||||||||||||
|
Means
and proximity to surface communication by which the locality is served |
Road
transport facilities, are available at the village |
||||||||||||||
|
|
|
||||||||||||||
|
Area
of land supported by documentary proof, dimensions and physical features |
Grampanchayat
house No. 107 95.00 s.mt. (Open
Land) Grampanchayat
house No. 108 57.02 s.mt. (Residential
building) Total
area 152.02 s.mt. (As
per site measurement) |
||||||||||||||
|
|
|
||||||||||||||
|
Is
it freehold or leasehold land? If
leasehold, the name of lessor/ lessee, nature of lease, date of commencement
and terms of renewal of lease. |
It
is a freehold land |
||||||||||||||
|
|
|
||||||||||||||
|
Is
there any restrictive covenant in regard to use of land? If so, attach a copy
of the covenant |
No.
|
||||||||||||||
|
|
|
||||||||||||||
|
Are
there any agreements of easements? If so, attach copies |
No. |
||||||||||||||
|
|
|
||||||||||||||
|
Does
the land fall in an area included in any town planning scheme or any
development plan of government or statutory body? |
No. |
||||||||||||||
|
|
|
||||||||||||||
|
Has
any contribution been made towards development or is any demand for such
contribution still outstanding? |
No. |
||||||||||||||
|
|
|
||||||||||||||
|
Has
any whole or part of the land been notified for acquisition by government or
any statutory body? Give date of notification |
No. |
||||||||||||||
|
|
|
||||||||||||||
|
Attached
a dimensioned site plan |
Not
available. Site inspection has been carried out |
||||||||||||||
|
|
|
||||||||||||||
|
Attach
plans and elevations of all structures standing on the land and a layout plan |
Not
available. Site inspection has been carried out |
||||||||||||||
|
|
|
||||||||||||||
|
(a)
Is the building owner occupied / tenanted
/ both ? (b)
If partly owner occupied, specify portion and extent of area under owner’s
occupation |
It
is owner occupied. |
||||||||||||||
|
|
|
||||||||||||||
|
What
is the floor spare index permissible and actually utilized |
FSI
used in within permissible limits |
||||||||||||||
|
|
|
||||||||||||||
|
What
is the amount of property tax? Who has to bear it? Give details with
documentary proof |
Rs.
160/year |
||||||||||||||
|
|
|
||||||||||||||
|
Land
rate adopted in this valuation |
Rs.
3000/s.mt. |
||||||||||||||
|
|
|
||||||||||||||
|
If
sale instances are not available or not relied upon, the basis of arriving at
the land rate |
By
local market inquiry |
||||||||||||||
|
|
|
||||||||||||||
|
Year
of commencement of construction and year of completion |
About
35 years old |
||||||||||||||
|
|
|
||||||||||||||
|
Demarcation
|
North:
Road South:
Road East
: Property of Govindbhai Kanabhai West
: Property of Rameshbhai Ambalal |
||||||||||||||
|
Accommodation
provided are as under: Ground Floor: Otta, two room, w.c. bath and r.c.c. staircase. First Floor: Three rooms and balcony on either side. Bhailakui is a small village having population of 1500 souls, Village road, street lights, and primary education is available at the village. It is 12km from Kapadvanj and 5km from Ukardinamuvada. TECHNICAL DETAILS |
|||||||||||||||
|
No
of floors and height of each floor |
Ground
Floor height is 3.00m First
floor height 3.00m Pl.
Height is 0.60m |
||||||||||||||
|
|
|
||||||||||||||
|
Plinth
area –floor wise (as per IS-3861-1966) |
G.F:
57.02 s.mt. (As per site measurement) F.F:
57.02 s.mt. (As per site measurement) Total: 114.04 s.mt. |
||||||||||||||
|
|
|
||||||||||||||
|
Year
of Construction |
About
35 years old |
||||||||||||||
|
|
|
||||||||||||||
|
Estimated
future life |
30
years |
||||||||||||||
|
|
|
||||||||||||||
|
Type
of construction – Load bearing walls/ r.c.c. frame/ Steel frame |
Load
bearing brick wall |
||||||||||||||
|
|
|
||||||||||||||
|
Type
of foundations |
Spread
footing |
||||||||||||||
|
|
|
||||||||||||||
|
Walls
(a)
Basement and plinth (b)
Groud Floor |
35
cm. th. 23
cm. th. |
||||||||||||||
|
|
|
||||||||||||||
|
Partitions
|
11.5
cm. th. |
||||||||||||||
|
|
|
||||||||||||||
|
Door
and Windows |
Wooden
door and windows with oil paint. |
||||||||||||||
|
|
|
||||||||||||||
|
Flooring
- (Floor-wise) |
Good
quality of mosaic tile florring |
||||||||||||||
|
|
|
||||||||||||||
|
Finishing
|
Smooth
cement plaster and colour work |
||||||||||||||
|
|
|
||||||||||||||
|
Roofing
and Terracing |
R.C.C.
slab |
||||||||||||||
|
|
|
||||||||||||||
|
Special
Architectural or Decorative. |
Ordinary
|
||||||||||||||
|
|
|
||||||||||||||
|
(a)
Internal Wiring – Surface or Conduit (b)
Class of fitting – Superior/ ordinary/ poor |
Surfaced
wiring Ordinary
fittings |
||||||||||||||
|
|
|
||||||||||||||
|
Sanitary
Installation (i) (a)
No. of water closets (b)
No. of lavatory basins (c)
No. of sinks (d)
No. of bath tubs (e)
No. of bidets (f)
No. of geysers (ii)
Class of fittings – Superior
coloured/ Superior/ White/ Ordinary |
One
One
-- -- -- -- Ordinary |
||||||||||||||
|
|
|
||||||||||||||
|
Sewage
disposal - whether connected to public sewers. If septic tanks provide no.
and capacity |
Panchayat
water supply and drainage by soak well |
||||||||||||||
|
|
|
||||||||||||||
|
PART
II Market Value: Its
Market value is estimated considering situation, location, type of building,
demand for similar properties in the locality and prevailing market prices as
follows:
Distress Value :
Jantri Value :
|
|||||||||||||||
------------------------------------------------------------------------------------------------------------------------------
PROJECT
REPORT
INFRASTRUCTURE
LAND AND BUILDING
The promoters are having NA land of about 3136
sq. mtrs @ No. 495/paiki 1, Khata No. 664 of village Kevadia, Ta. Kapadvanj
District, Kheda – 387620. The land is owned by 5 male partners of this
[father/mother and 3 sons]. On this land, the promoters have started
construction of factory building/ godowns. Its estimated cost will be Rs. 8.826
Millions [though assessed as Rs. 8.261 Millions by approved valuer]. For the
purposed a term loan of Rs. 6.000 Millions is required. Cost overrun if any
will be met by the promoters from own resources.
POWER/ WATER SUPPLY
To run proposed machinery, the firm will
require 135 HP power supply. It will be easily available before commercial
production is started, from GEB as there are already few industrial units in
surrounding area. At present, necessary power connection is provided by GEB
temporarily. Water will not be required for processing and necessary water
supply will be availed from a nearby bore well easily.
PLANT AND MACHINERY
The promoters have already identified required machineries with
following details
|
SR. NO. |
NAME OF THE ITEM |
NAME OF THE
SUPPLIER, ADDRESS |
QUANTITY / BRIEF
DESCRIPTION |
RS. IN MILLIONS |
|
1 |
5 units of ‘Gokul’ HD Oil Expellers with accessories + CST |
M/S. Gokul Impex, Ludhiana |
- Expellers 5 units @ Rs. 0.485 Million PU - 100’ elevator with Rs. 4850 per ft. - 200’ conveyor @ Rs. 1975 per ft. - 1 pc vessel for oil @ Rs. 0.175 Million |
3.480 0.007 0.070 3.557 |
|
|
|
|
|
|
|
2 |
RM for 4 oil tanks |
M/S. Umiya Sales and Steel Works, Kapadvanj |
Cost of RM such as channels/ SS Plates/ Angles |
1.575 |
|
|
|
|
|
|
|
3 |
30 HP 95 & 2 HP (4) motors |
M/S. A-One Enterprise, Ahmedabad |
- 5 30 HP Motors and two HP motors - VAT for above items |
0.354 |
|
|
|
|
|
|
|
4 |
5+4 panel boards for above motors |
M/S. A-One Enterprise, Ahmedabad |
- 5 30 HP motor panel board and two HP motor panel boards |
0.105 |
|
|
|
|
|
|
|
5 |
VAT for 3 & 4 above |
|
|
0.069 |
|
|
|
|
|
|
|
6 |
Spare parts for oil mill machinery |
Lucky Expeller Industries, Ludhiana |
Spare parts for oil mill machinery |
0.262 |
|
|
|
|
|
|
|
|
TOTAL COSTS |
5.922 |
||
|
|
|
|
|
|
|
|
Margin [@ 25% mini.] |
1.922 |
||
|
|
|
|
|
|
|
|
TL Required |
4.000 |
||
The orders for main machinery are already
placed. They request for early sanction/disbursement of loan as duty on
machinery is likely to increase in budget.
PRODUCTS AND RAW MATERIAL
Cottonseed oil is obtained as a byproduct of cotton
production. Gujarat is one of the major cotton production states. It attracts
farmers to grow more cotton, as production and price are better. The main
districts for growing cotton are Sabarkantha, Arravali, Kheda, Ahmedabad etc.
Kapdwanj is situated in middle of such area.
MAN POWER
The firm will require necessary staff mainly 2
supervisors, 4/5 machine operators/ semi-skilled labours 8 labourers for
loading/ unloading of goods, 1 accountant, 2 security staff. All these personnel
will be recruited at appropriate time and are available locally.
PRODUCTION PROCESS/CAPACITY
Actually, the cotton seed oil manufacturing
process includes several procedures. First of all, the cotton seed will be sent
into shaker room for cleaning, the clean cotton is sent to the grinding room to
remove the linter from the cotton seed. Next cotton seeds will be sent through
hullers, where the tough seed hull oil removed. Seeds acquire the shattered
part of this is the kernel containing more oil such as urgently needs to be
part of the oil recovery. The cake is included in the oil recovery through the
solvent extraction. So get oil washing and refined in order to get the edible
cottonseed oil. All of these process seamless integration for a smooth
operation.
The unit will be engaged in mainly Cotton seed
crushing activity. At present, the unit is establishing a plant/machinery
having annual installed capacity of 5100 TPA. They will purchase their raw
material i.e. cotton seeds from local market, local ginning mills, local
agents/ upcountry sellers through reliable/ trusted middle man/ brokers.
Similarly they sell their finish products through brokers/ middle man in Bazaar
to local/ within Gujarat/ Upcountry market. They sell very less quantity to
direct consumers/in retail.
From RM of 5100 tons of cotton seeds following
products can be manufactured. [On 1 shift/ 12 hours]
|
PRODUCT |
TONS/% OF RM |
MARKET PRICE/
PER TON |
TOTAL RS. IN
MILLIONS |
NOTE: |
|
1. Wash Oil |
560/11% |
55000 |
30.800 |
3% of the material is evaporated normally |
|
|
|
|
|
|
|
2. C S Khol |
4320/85% |
20000 |
86.400 |
|
|
|
|
|
|
|
|
3. Waste / bagaru |
58/1% |
2000 |
0.120 |
|
|
|
|
|
|
|
|
TOTAL |
4938/97% |
|
117.320 |
|
Though above estimates are prepared on 1 shift
basis, during peak season it is possible to run factory 24 hours.
While normally oil extraction unit works @
90/95% of the installed capacity from the 2nd year itself, the firm
has projected gradual increase in sales on a conservative basis.
MANAGEMENT
Though this firm is promoted by Mr. Kanubhai
Patel as a family head, it will be managed by his 3 sons. Other women partners
are mainly to provide funds and for tac planning purpose. The 3 main/working
partners are having experience of running a cotton ginning mill of 5 years. For
the proposed unit Mr. Ghanshyambhai Patel – 30, will look after purchase of
cotton seeds, Mr. Maheshbhai 28, will take care of production/technical affiars
and Mr. Kamleshbhai 26, who has natural flairs in finance and will be looking
after sales/banking etc. the family members were previously attached with the
firm, M/S. L M Industries, Mfg cotton seed oil, for 5 years. It is a family
firm of their cousin. After gaining sufficient experience, they have decided to
start their own venture.
MARKET OUTLOOK
Cotton is one of the
principal crops of India and is the major raw material for domestic textile
industry. The Indian Cotton Industry provides sustenance to millions of farmers
as also the workers involved right from processing to trading of cotton. The
Indian textile industry consumes a diverse range of fibers and yarn, but is
predominantly cotton based. The ratio of cotton to manmade fibers and filament
yarns by the domestic industry is about 56:46.
As evident from the name cottonseed oil is
derived from cotton plant. Cottonseed
oil is extracted
from cottonseed, which carries around 11% oil content. Cottonseed oil is estimated to contribute
nearly a fifth of the global vegetable oil production. Cottonseed is a
byproduct derived through process called ginning.
PRESENT SCENARIO
INDIAN SITUATION
India's cottonseed
production is estimated to be around 35% of its cotton output of over 4.5 million tons. Nearly
80% of the cottonseed is crushed for oil while the rest goes for feed. Major
producers for cotton in the country are Maharashtra, Gujarat, Andhra Pradesh,
Punjab, Haryana, Rajasthan, Madhya Pradesh, Tamil Nadu and Karnataka. Nearly
95% of the output and area under cotton belong to these nine states.
India’s cotton
output and along with it the, cottonseed, meal and oil output, varies
considerably from year to year in response to the vagaries of weather and pest
attacks.
Although cotton is
cultivated in almost all the states in the country, the 9 states of Punjab,
Haryana, Rajasthan, Gujarat, Maharashtra, Madhya Pradesh, Andhra Pradesh,
Tamilnadu and Karnataka for more than 95 percent of the area under and output.
These states are also the major producers of cottonseed.
MARKET TREND
Traditionally
cottonseed is sold through weekly auctions as well as through active cash
market in major producing centres. Cottonseed market stays largely as an
unorganized sector with a slew of operators dominating the scene. Prices tend
to fall in October-January considered as peak season of
SOME QUICK FACTS ABOUT COTTON SEED OIL
Cotton seed oil is getting more and more
popular amongst middle class people due to its following benefits
1) Cottonseed oil is extracted from cottonseed. Cotton has long been known
as nature’s unique food and fiber plant. It produces both food for man and feed
for animals in addition to a highly versatile fiber for clothing, home
furnishings and industrial uses.
2) Cottonseed oil has many food applications. As a salad oil, it is used in
mayonnaise, salad dressings, sauces and marinades. As cooking oil, it is used
for frying in both commercial and home cooking. As a shortening or margarine,
it is ideal for baked goods and cake icings.
3) Cottonseed oil has a mild, nut like taste. It is generally clear with a
light golden color, but like most oils, the degree of color depends on the
amount of refining. Clear, colorless oils are not necessarily better oils, but
may have been refined more severely.
4) Cottonseed oil is one of the few oils considered acceptable for reducing
saturated fat intake.
5) Cottonseed oil is among the most unsaturated oils. Others include
safflower, corn, soybean, canola and sunflower seed oils.
6) Cottonseed oil is rich in tocopherols. These natural antioxidants, which
have varying degrees of vitamin E activity, also contribute to its stability
giving products that contain it a long shelf life.
7) Cottonseed oil is described by scientists as being “naturally
hydrogenated” because of the levels of oleic, palmitic and stearic acids which
it contains. These make is stable frying oil without the need for additional
processing or the formulation of trans fatty acid.
8) Refined and deodorized Cottonseed oil is one of the purest food products
available. Few food can be as highly cleaned and refined, and still maintain
their nutritional quality.
9) Cottonseed oils light, non oily consistency and high smoke point make it
most desirable for cooking “stir fry” and other oriental dishes, as well as for
frying fish.
10) Unlike some oils, cottonseed oil does not deteriorate or “revert” rapidly
in flavor when used at high temperatures.
11) In addition to oil, many products from cottonseed is part of their daily
life. Cellulose and cellulose derivatives from cottonseed from cottonseed
linter fiber are used as food ingredients.
TERM LOAN REPAYMENT
They request for repayment period of loans as
under
TL I will be repayable in 78 monthly
non-equated installments of Rs. 0.077 Million each commencing from 31.01.2015.
moratorium period of 6 months is allowed. Door to door tenor will be 84 months.
TL II @ repayable in 60 monthly non-equated
installments of Rs. 0.084 Million each, is commencing from next month after
first disbursement. Door to door tenor would be 63 months.
SECURITY
PRINCIPLE SECURITY
A comprehensive EQM charge may be created for
factory land/building and machinery, stock and book debts for entire credit
limit of Rs. 20.000 Millions as principle security.
The factory land is jointly owned by Mr.
Kanubhai Patel with his wife and 3 sons who are all partners. Value of land
3136 sq. mtrs is Rs. 3.136 millions. Estimated value of factory building sheds
etc. is Rs. 8.261 Millions as per V.R. Dt. 11.06.2014 by approved valuer Mr.
T.S. Shah.
COLLATERAL SECURITY
For collateral security the partners will
create EQM of 3 residential houses as under:
1) EQM of residential property situated at Grampanchayat House Nos. 312 and
313, Near Prathmik Shala Village Bhailakui Ta: Kapadvanj Distict Kheda. It is
owned by Mr. Kanubhai Bhagabhai Patel. Its M.V. is Rs. 4.417 Millions as per
V.R. dated 11.06.2014 prepared by Mr. T.S. Shah.
2) EQM of residential property situated at Grampanchayat House No. 107 and
108, Patel ZFaliya, Village Bhailakui, Ta Kapadvanj, District KHeda. It is
owned by Mr. Bhagabhai Kodarbhai Patel. Its M.V. is Rs. 1.254 Millions as per
V.R. Dated 11.06.2014 prepared by Mr. T.S. Shah. Mr. Bhagabhai K. Patel will
also provide his personal guarantee for the firm.
3) EQM of residential property situated at Grampanchayat House No. 216,
Kumbharvada [Prajapativas], at Village Vhailakui, Ta. Kapadvanj, District
Kheda. It is owned by Mr. Kanubhai Bhagabhai Patel. It is M.V. is Rs. 0.750
Million as per V.R. dated 11.06.2014 prepared by Mr. T.S. Shah.
In addition, the partners will also qualify
for CLCSS capital subsidy [15%] and Interest Subsidy [5%]. This further enhance
security cover by the Bank.
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CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or anti-terrorism
sanction laws or whose assets were seized, blocked, frozen or ordered forfeited
for violation of money laundering or international anti-terrorism laws.
2] Court Declaration :
No exist to suggest that subject is or was
the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair and
reasonable and comparable to compensation paid to others for similar services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 60.44 |
|
|
1 |
Rs. 100.24 |
|
Euro |
1 |
Rs. 80.35 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
BVA / MRI |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.