APR Constructions Limited - Saffron Capital
APR Constructions Limited - Saffron Capital
APR Constructions Limited - Saffron Capital
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We obtain specialized insurance for construction risks, third party liabilities for projects, as required and specified by<br />
our clients, for the duration of the project and the defect liability period. We maintain comprehensive insurance<br />
covering our assets and operations at levels, which we believe to be appropriate. Loss or damage to our materials,<br />
property and/or materials used in the project, including contract works, whether permanent or temporary, and<br />
materials or equipment whether supplied by us or supplied to us by the client, are generally covered by “Contractors‟<br />
All Risks Policy” insurance against material damage to property. Under the all risk insurance policy we are also<br />
provided cover for price escalation, debris removal and surrounding properties.<br />
The aggregate coverage under the policies currently is `88,967.83 lakhs for the assets. We have taken following<br />
insurance policies as on February 28, 2011.<br />
(` Lakhs)<br />
Sr. No. Nature of Policy Amount Insured<br />
1 Vehicle Insurance 309.12<br />
2 Plant & Machinery Insurance 2,408.91<br />
3 Contractor‟s All Risk Policies (Project Insurance) 86,093.80<br />
4 Group Personal Accident Policy (Employees) 156.00<br />
Total 88,967.83<br />
OUR PROPERTIES<br />
Intellectual Property<br />
Our Company is the registered owner of trade mark “<strong>APR</strong> CONSTRUCTIONS” and the Corporate logo. We have<br />
received a certificate of Registration from the Registry of Trademarks for the registration of “<strong>APR</strong><br />
CONSTRUCTIONS” logo under class 37 vide certificate number 790582 dated March 23, 2009. For further details of<br />
our intellectual property, see the section “Government and Other Approvals” beginning on page 191 of this Draft Red<br />
Herring Prospectus.<br />
Properties owned by Our Company<br />
Sr. Description of Property Agreement Date Amount Total Area<br />
No.<br />
(` in Lakhs)<br />
1 Land and Buildings at MCH No. 6-2-12, Lakdikapool, March 01, 2006 205.00 Acres 0.21<br />
Khairatabad Hyderabad<br />
2 Open Plot of Land Situated in Sy, No. 480 at South December 29, 2005 1.91 Acres 1.70<br />
Rajupalem(V), Chintareddy Palem, Majara, Nellore<br />
3 Open Plot of Land in Sy. No. 329/A at Chinna September 14, 2005 0.97 Acres 0.97<br />
Cherukur(V), Thotapalli Gudur(M), Nellore(Dist)<br />
4 Open Plot of Land in Sy. No. 329/A at Chinna September 14, 2005 0.92 Acres 0.92<br />
Cherukur(V), Thotapalli Gudur(M), Nellore(Dist)<br />
5 Open Plot of Land in Sy. No. 481 at South Rajupalem, September 16, 2005 1.72 Acres 1.72<br />
Chintareddy Palem, Nellore<br />
6 Open Plot of Land in Sy. No. 482 at South Rajupalem, September 16, 2005 2.14 Acres 2.14<br />
Chintareddy Palem, Nellore<br />
7 Open Plot of Land in Sy.No.331/2, Patta No.119 at September 14, 2005 1.01 Acres 1.01<br />
Chinna Cherukur(V), Thotapalli Gudur(M),<br />
Nellore(Dist)<br />
8 Open Plot of Land at Sy.No. 479/A/1&479/B at December 12, 2005 1.66 Acres 1.50 ½<br />
Rajupalem(V), Chintareddy Palem, Majara, Nellore<br />
9 Open Plot of Land in Sy.No. 329/A, Patta No.117 at December 23, 2005 1.15 Acres 1.04<br />
Chinna Cherukuru(V), Nellore Dist<br />
10 Open Plot of Land Sy.No. 331/1 at Chinna December 12, 2005 0.50 Acres 0.50<br />
Cherukuru(V), Nellore Dist<br />
11 Open Plot of Land Sy.No. 331/2, Patta No. 119at September 14, 2005 0.50 Acres 0.50<br />
111
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