KAMDHENU ISPAT LIMITED - Securities and Exchange Board of India

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OUTSTANDING LITIGATIONS I. OUTSTANDING LITIGATIONS INVOLVING THE COMPANY A. FILED AGAINST THE COMPANY 1. LITIGATION INVOLVING CRIMINAL LAWS There is no litigation pending against the Company involving criminal offences. 2. LITIGATION INVOLVING SECURITIES AND ECONOMIC LAWS There is no litigation pending against the Company involving securities or economic offences. 3. LITIGATION INVOLVING STATUTORY LAWS There is no litigation pending against the Company involving statutory offences save as herein below mentioned: 3.1 SALES TAX / ENTRY TAX CASES SL. NO. 1. 2 3 4 ASSESSMENT YEAR 2001-02 Order u/s 78(10)(b) of the Rajasthan Sales Tax Act, 1994 for violation under Section 78(2) (b) of the Rajasthan Sales Tax Act, 1994 by the ACTO, Bhiwadi, Rajasthan. 2003-2004 14.03.04 Show cause u/s 78(5) of the Rajasthan Sales Tax Act, 1994 for violation Section 78 (2) (a) of the Rajasthan Sales Tax Act, 1994issued by ACTO (FIS.) Bhiwadi, Rajasthan. 2001-2002 Order Dated 09-02-04 u/s 29, 58, 65 and 69 of the RST Act 1994 and further rectified Order dated 03-12-04 u/s 9 of the same Act 2003-2004 18.02. 04Show cause u/s 78(5) of the Rajasthan Sales Tax Act, 1994 for violation under Section 78 (2) (a), (4) & (5) of the Rajasthan Sales Tax Act, 1994 issued by ACTO (FIS.) Bhiwadi, Rajasthan PARTICULARS Charges levied were that the Documents were not having seal of check post and not even one of the set of documents was left on the check post. Illegal seizure without issuing a seizure memo as declaration Form-ST-18C not accompanying the goods at the time of checking. Unaccounted sale of the material saved from job work done for SAIL Illegal demand due to declaration Form-18C not available with the document when checked. 98 DEMAND (RS. LACS) 40,463/- 50,385/- 5,12,136 45,011/- DEMAND OUTSTANDING (Rs. LAKHS) Paid Paid 3,04,206 Paid STATUS Kamdhenu Ispat Ltd. has filed an appeal u/ s 84 of the Rajasthan Sales Tax Act, 1994 against the order dated 09.07.02. to the Deputy Commissioner of Appeal. Kamdhenu Ispat Ltd. has filed an appeal u/ s 84 of Rajasthan Sales Tax Act, 1994 against the show cause notice dated 14.03.2004 with the Deputy Commissioner of Appeal. Company has filed an appeal u/s 84 of the said act dated 25-05- 04 against the Order dated 09-02-2004 with the Deputy commissioner of Appeals Kamdhenu Ispat Ltd. has filed an appeal u/ s 84 of Rajasthan Sales Tax Act, 1994 against the show cause notice dated 18.02.2004 before Deputy Commissioner of appeal .
SL. NO. 5 6 7 8 9 10 11 12 ASSESSMENT YEAR PARTICULARS DEMAND (RS. LACS) 2003-2004 Show cause u/s 78 (4) Rule (5) of the Rajasthan Sales Tax Act, 1994 for violation under Section 78 (2) (a) of the Rajasthan Sales Tax Act, 1994 by A.C. (F.S), Alwar, Rajasthan. 2000-2001 Order dated 09-02-04 u/s 30,58 65 & 69 of the RST Act, 1994 issued b AC(A/E-I), Jaipur 2002-2003 Show cause u/s 78 (4) Rule (5) of the Rajasthan Sales Tax Act, 1994 was issued by ACTO (F S) Alwar, Rajasthan. 1999-2000 Order dated 28-02-02 u/s 28 and 58 of the RST Act, 1994 by ACTO Bhiwadi 1999-2000 Order dared 09-02-04 u/s 30, 58, 65 and 69 of the RST Act 1994 by AC(A/E-I), Jaipur 2003-04 Show cause u/s 78(10)(b) of the Rajasthan Sales Tax Act, 1994 for violation under Section 78(2) (b) of the Rajasthan Sales Tax Act, 1994 b A.C. (A/ E) Alwar, Rajasthan 1998-99 Order dated 09-02-04 u/s 30,58,65 & 69 of RST Act 1994 issued b AC(A/E-I), Jaipur 2002-2003 Order dated 09-02-04 u/s 29,58, 65 & 69 of 24-02-2005 b AC (A/E-I), Jaipur Illegal demand due to illegal seizure without issuing an seizure memo and without waiting for the date of hearing. Unaccounted sale of the material saved from job work done for SAIL Illegal seizure without issuing an seizure memo on the ground that Invoice is not serially printed and the number has been raised through computer. Illegal demand due to purchase of raw materials without paying sale tax and transfer, the finished manufactured from this raw material, to outside state Unaccounted sale of the material saved from job work done for SAIL Illegal demand due to illegal seizure without issuing an seizure memo and without waiting for the date of hearing Illegal draw of tax on unaccounted sale of the material saved from job work done for SAIL Unaccounted sale of material saved from job work done 99 70,330/- 4,83,619 42,055/- 5,76,855 52,077 84,862 1,10,825 2,39,690 DEMAND OUTSTANDING (Rs. LAKHS) Paid 2,91,257 Paid Paid. 31,369 paid 66,742 1,39,690 STATUS Kamdhenu Ispat Ltd. has filed an appeal u/ s 84 of Rajasthan Sales Tax Act, 1994 against the show cause notice dated 08.09.04 to the Deputy Commissioner of Appeal. Company has filed an Appeal on 22-05-04 u/ s 84 of RST Act, 1994 with the Deputy commissioner of Appeals. Kamdhenu Ispat Ltd. has filed an appeal u/ s 84 of Rajasthan Sales Tax Act, 1994 against the show cause notice dated 19.09.2003 to the Deputy Commissioner of Appeal. Company has filed an Appeal u/s 84 of RST Act, 1994 with the deputy Commissioner of Appeals Company has filed an Appeal u/s 84 of RST Act, 1994 with the deputy Commissioner of Appeals Appeal filed against penalty order dated 12.01.04 on 02.03.04. The matter is still pending with the Deput Commissioner of Appeal. Company has filed an Appeal u/s 84 of RST Act, 1994on 22.5.2004 with the deputy Commissioner of Appeals Appeal has been filed u/s 84 of the Rajasthan Sales Tax Act, 1994 on 23-04-05 with the Deputy Commissioner of Appeal.
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KAMDHENU ISPAT LIMITED DRAFT PROSPE
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DEFINITIONS AND ABBREVIATIONS Gener
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Abbreviations Abbreviation Full For
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RISK FACTORS An investment in equit
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mentioned under Class 1 to 42 cover
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(b) Any disruption/ discontinuance
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affect our operating results. We ar
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The central and state tax scheme in
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SUMMARY The following summary is qu
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THE ISSUE Equity Shares offered by
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of the Stabilisation Period allot,
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For the year ended August March Mar
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LEGAL ADVISOR TO THE ISSUE Luthra &
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2. Capital Buildup: The existing sh
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B. Promoter Group 1. Saurabh Agarwa
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Sl. Name of Date of Consid- No. of
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Sl. Name of Date of Consid- No. of
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7. The Pre-issue and Post-issue sha
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(b) Our top ten shareholders and sh
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OBJECTS OF THE ISSUE The proceeds f
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BASIS FOR ISSUE PRICE QUALITATIVE F
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STATEMENT OF TAX BENEFITS The Compa
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loss, such long -term capital loss
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Benefit available to Mutual Funds I
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Restrictions in external trade, bot
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to compete with the likes of China,
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III. Flat Products Flat products in
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· In China and other Asian countri
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BUSINESS OVERVIEW Kamdhenu Ispat Li
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PROCESS PROCESS FLOW CHART FOR PROD
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POWER The Company sources Power fro
Page 63 and 64: The sponge iron is one of the raw m
Page 65 and 66: We help them to get right people to
Page 67 and 68: 23. A.S. CEMENT INDUSTRIES, Patiala
Page 69 and 70: PROPERTY A. Properties owned by the
Page 71 and 72: S No. 6. 7. 8. Date & Tenure Name &
Page 73 and 74: OUR INDEBTEDNESS Sr. No 1 Lender &
Page 75 and 76: Main Objects The main objects of th
Page 77 and 78: OUR MANAGEMENT As per the Articles
Page 79 and 80: C. MR. SUNIL KUMAR AGARWAL Designat
Page 81 and 82: Company Secretary Secretarial & Leg
Page 83 and 84: PROMOTERS OUR PROMOTERS MR. SATISH
Page 85 and 86: 2. and accessories, automobile part
Page 87 and 88: The Board of Directors Kamdhenu Isp
Page 89 and 90: Annexure - II Statement of Assets a
Page 91 and 92: 7 The company is manufacturing CTD/
Page 93 and 94: Annexure - VII Performance Ratios:
Page 95 and 96: Principal Terms of Sanctioned Loans
Page 97 and 98: Financial Statements of Group Compa
Page 99 and 100: The Board of Directors of the Compa
Page 101 and 102: List of Shareholders as on 30.9.200
Page 103 and 104: MANAGEMENT’S DISCUSSION AND ANALY
Page 105 and 106: DEPRECIATION Depreciation on fixed
Page 107 and 108: of excise duty was 8% thereafter up
Page 109 and 110: Administrative and Other Expenses W
Page 111 and 112: Cost Of Goods Traded In The company
Page 113: Information required as per clause
Page 117 and 118: 3.2 CENTRAL EXCISE Commissioner of
Page 119 and 120: 4.2 M/s. Kamdhenu Ispat Limited vs.
Page 121 and 122: II Outstanding litigations involvin
Page 123 and 124: Sales Tax ASSESSMENT YEAR PARTICULA
Page 125 and 126: 11. The Company has obtained consen
Page 127 and 128: BEHALF AND TOWARDS THIS PURPOSE, TH
Page 129 and 130: Public Issue expenses are estimated
Page 131 and 132: ISSUE INFORMATION Terms of the Issu
Page 133 and 134: Applications by Hindu Undivided Fam
Page 135 and 136: Payment Instructions 1. Payments sh
Page 137 and 138: 5. Investors can contact the Compli
Page 139 and 140: for public subscription and the bal
Page 141 and 142: POWER TO MODIFY RIGHT 11. (i) If at
Page 143 and 144: without any deduction or allowance
Page 145 and 146: there be no such Chairman or if at
Page 147 and 148: 69. The Director shall not be requi
Page 149 and 150: fit and any such appointment may (i
Page 151 and 152: present and entitled to vote there
Page 153 and 154: MATERIAL CONTRACTS AND DOCUMENTS FO
Page 155: DECLARATION All the relevant provis
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KAMDHENU ISPAT LIMITED - Securities and Exchange Board of India

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