KAMDHENU ISPAT LIMITED - Securities and Exchange Board of India

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B.TMT Tempcore Bars The Tempcore process is the best process for the production of high quality Rebars because it replaces costly alloy elements like Vanadium and Niobium with low cost raw material. It results in high mechanical properties, excellent weldability, excellent ductility& bendability. It imparts high strength to the bar using the latest technique of thermo mechanical treatment (TMT). Steel billets are heated in a Reheating Furnace and rolled through a sequence of rolling stands, which progressively reduce the billet to the final size and shape of the reinforcing bar. According to Tempcore process, the bar leaving the final stand is submitted to a special heat treatment involving three stages. Quenching Stage: The first stage consists of a drastic water cooling applied to the bar as it leaves the last finishing stand. The efficiency of the water cooling equipment used at this stage has to be as high as to produce a very hard cooling, on the bar surface, faster than the critical rate to form the martensite so as to obtain a surface layer of crude martensite while core remains austenite. Tempering Stage: In the second stage the bar leaves the water quenching line and is exposed to air. The heat flux from the still hot core reheats the quenched the by conduction and the martensite formed in the first stage is thus subjected to selftempering giving a structure called “Tempered Martensite” which is strong and tough. The core is still austenitic at this stage. Final Cooling stage The third stage of “Atmospheric Cooling” occurs on the cooling bed, where the austenitic core is transformed to a ductile ferrite pearlite core. Thus, the final structure consists of a combination of strong outer layer of tempered martensite and a ductile core of ferrite-pearlite. COLLABORATION The Company has entered into an agreement with Centre De Rechercher Metallurgiques (CRM)Asbi- Avenue du Bois Saint Jean , 21 – Domaine Universitaire Ddu Sart Tilman(P59) – B-4000 LIEGE, Belgium for use of TEMPCORE trademark used for identification of high quality steel bars. In accordance with the terms of agreement Kamdhenu built a thermoprocessing line with technical know how and engineering of Hariths Engineering, Bangalore. CRM grants to Kamdhenu a non exclusive, non transferable and conditional right of use of trademark TEMPCORE for deliver of products manufactured on the above line in accordance with the specified process. Kamdhenu can use the trademark for products manufactured, delivered and used in India. Kamdhenu has to deliver high quality products compatible with standards well known for TEMPCORE, particularly in terms of weldability MANPOWER The present strength of the Company is 123 employees. S.No. Name of Department Number of Employees 1 Technical & Administration Staff at Bhiwadi 100 2 Administration ,Marketing and Finance at Registered Office 23 Total 123 The Company also employs contract labour for its manufacturing facility at Bhiwadi, Rajasthan. RAW MATERIAL- The major raw material required is sponge iron, mild steel scrap and ferro alloys. These are used to form Steel billets/ingots. The Company manufacturers about twenty to twenty five percent of steel billets in house by melting sponge iron and other raw material components such as scrap, ferro alloys. The Company procures approximately 41000 tons of ingots per annum and approximately 18000 tons of waste and scrap. Most of the raw material is procured from domestic market. .We also buy certain imported raw material from the domestic market WATER Water consumption for TMT & Mill Cooling is 18.75 KLD and for domestic purpose consumption is 11.25 KLD. Water is sourced from RIICO & from a tube well within the factory premises. Water is recirculated and re-used. 44
POWER The Company sources Power from Rajasthan State Electricity Board through dedicated high voltage feeder lines and do not have alternate source of electricity for our manufacturing facilities. The Company has an sanctioned capacity of 4990 KVA . This is enough to meet our requirement of electricity We are solely dependent on Jaipur Vidyut Vitran Nigam Limited for electric supply. PRODUCTS The Company derive income from three different activities. (a) Sale of Products manufactured by the Company. (b) Trading of products manufactured by Franchisees under “Kamadhenu” brand. (c) By way of royalities received from Franchisees for using “Kamadhenu” brand. Kamdhenu manufactures undermentioned quality of steel bars. Products of the company meet IS 1786-1985 and ISO 9001:2000 specifications: CTD/HSD Bars: Cold Twisted Deformed Bars have high strength and proof stress and are being produced by High Speed Rolling and precision cold twisting. The salient features of these products are: · Higher fatigue strength · 100% weldability · Satisfactory bendability · Suitable for both compression and tension reinforcement · Minimum weight and maximum strength Mechanical Properties Test ISI Standard Kamdhenu Standard 0.2% Proof stress 415 N/mm2 530 N/mm2 Tensile Strength 485 N/mm2 560 to 585 N/mm2 % Elongation (min) 14.5% 21.0% Bend Test Upto Incl.22 mm 30 Satisfies Bend Test Over 22 mm 40 Re-Bend Test Upto Incl. 10 mm 5d Satisfies Bend Test Over 20 mm 6d TMT Bars: Kamdhenu TMT bars are Thermo-Mechanically treated for high yield strength. The process involves the rapid quenching of hot bars through a series of water jets after they come out of the last rolling mill stand. The bars are cooled allowing the core and surface temperatures to equalize. The bar core cools down slowly to turn into a ferrlitepearlite aggregate. The company is using the Tempcore Process, the most advanced technology worldwide for manufacturing TMT bars in private sector after Tata Iron and Steel Corporation Limited. For determining better quality monitoring of the different layers of the TMT bars at the micro level, the company uses Micro Structure Analysis. The salient features of these product are: High strength High ductility Bending and re-bending Weldability Corrosion Resistant Characteristics High Temprature Resistant Dimensional Tolerance Seismic Resistance Properties Product Specifications Trademark Tempcore TMT Grades : Kamdehenu Tempcore TMT Grade Fe 415, Fe500 and Fe 550 Daimeter :8,10,12,16,20,25 mm Standard Length 5.5 meters to 13 meters 45
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KAMDHENU ISPAT LIMITED DRAFT PROSPE
Page 3 and 4:
DEFINITIONS AND ABBREVIATIONS Gener
Page 5 and 6:
Abbreviations Abbreviation Full For
Page 7 and 8:
RISK FACTORS An investment in equit
Page 9 and 10: mentioned under Class 1 to 42 cover
Page 11 and 12: (b) Any disruption/ discontinuance
Page 13 and 14: affect our operating results. We ar
Page 15 and 16: The central and state tax scheme in
Page 17 and 18: SUMMARY The following summary is qu
Page 19 and 20: THE ISSUE Equity Shares offered by
Page 21 and 22: of the Stabilisation Period allot,
Page 23 and 24: For the year ended August March Mar
Page 25 and 26: LEGAL ADVISOR TO THE ISSUE Luthra &
Page 27 and 28: 2. Capital Buildup: The existing sh
Page 29 and 30: B. Promoter Group 1. Saurabh Agarwa
Page 31 and 32: Sl. Name of Date of Consid- No. of
Page 33 and 34: Sl. Name of Date of Consid- No. of
Page 35 and 36: 7. The Pre-issue and Post-issue sha
Page 37 and 38: (b) Our top ten shareholders and sh
Page 39 and 40: OBJECTS OF THE ISSUE The proceeds f
Page 41 and 42: BASIS FOR ISSUE PRICE QUALITATIVE F
Page 43 and 44: STATEMENT OF TAX BENEFITS The Compa
Page 45 and 46: loss, such long -term capital loss
Page 47 and 48: Benefit available to Mutual Funds I
Page 49 and 50: Restrictions in external trade, bot
Page 51 and 52: to compete with the likes of China,
Page 53 and 54: III. Flat Products Flat products in
Page 55 and 56: · In China and other Asian countri
Page 57 and 58: BUSINESS OVERVIEW Kamdhenu Ispat Li
Page 59: PROCESS PROCESS FLOW CHART FOR PROD
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
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Cost Of Goods Traded In The company
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Information required as per clause
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SL. NO. 5 6 7 8 9 10 11 12 ASSESSME
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3.2 CENTRAL EXCISE Commissioner of
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4.2 M/s. Kamdhenu Ispat Limited vs.
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II Outstanding litigations involvin
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Sales Tax ASSESSMENT YEAR PARTICULA
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11. The Company has obtained consen
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BEHALF AND TOWARDS THIS PURPOSE, TH
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Public Issue expenses are estimated
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ISSUE INFORMATION Terms of the Issu
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Applications by Hindu Undivided Fam
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Payment Instructions 1. Payments sh
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5. Investors can contact the Compli
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for public subscription and the bal
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POWER TO MODIFY RIGHT 11. (i) If at
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without any deduction or allowance
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there be no such Chairman or if at
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69. The Director shall not be requi
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fit and any such appointment may (i
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present and entitled to vote there
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MATERIAL CONTRACTS AND DOCUMENTS FO
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DECLARATION All the relevant provis
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KAMDHENU ISPAT LIMITED - Securities and Exchange Board of India

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