APR Constructions Limited - Saffron Capital

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Sr. Description of Property Agreement Date Amount Total Area No. (` in Lakhs) Chinna Cherukuru(V), Nellore Dist 12 Open Plot of Land in Sy.No. 478 & 479/A1, Patta No. September 16, 2005 1.04 Acres 1.04 221 at South Rajupalem(V), Chintareddy Palem, Majara, Nellore 13 Land & Buildings at H.No. 8-2-283/1/A/B, Road November 23, 2005 40.46 Acres 0.08 No.3, Banjara Hills, Hyderabad 14 Land & Building bearing No.2(old 6), Gangadhara March 19, 1988 19.95 Acres 0.48 Chetty Road, Bangalore 15 Land & Buildings at MCH. No. 8-2-322, in Sy. No. October 09, 1985 1.27 Acres 0.21 129, Road No.3, Banjara Hills, Hyderabad 16 Open Plot of Land at Plot No.101, Sy.No.130 to 133, September 26, 1995 0.20 Acres 0.05 Miyapur (V), Serilingampally Mandal, RR Dist 17 Open Plot of Land at Plot No.108, Sy.No.130 to 133, September 26, 1995 0.26 Acres 0.07 Miyapur (V), Serilingampally Mandal, RR Dist 18 Open Plot of Land at Plot No.72 & 73, Sy.No.130 to September 26, 1995 0.30 Acres 0.08 133, Miyapur (V), Serilingampally Mandal, RR Dist 19 Open Plot of Land at Plot No.102, Sy.No.130 to 133, September 26, 1995 0.31 Acres 0.09 Miyapur (V), Serilingampally Mandal, RR Dist 20 Open Plot of Land at Plot No.118, Category-1, September 16, 2006 48.22 Acres 0.09 Tellapur Residential Complex, Tellapur(V), RC Puram (M), Medak Dist 21 Open Plot of Land at Plot No.119, Category-1, September 16, 2006 50.38 Acres 0.09 Tellapur Residential Complex, Tellapur(V), RC Puram (M), Medak Dist 22 Open Plot of Land at Sy.No. 311/E, 315/E,316/E, Plot No,4 Nallagandla village, Serilingampally Mandal, RR District June 04, 2008 200.00 Acres 0.28 23 Residential House Property. Flat No.405, 4th Tower, 5th Floor, Dhruva –II Block, Sreenivasa Village Complex, Yousufguda, Hyderabad Properties taken on license/lease by our Company January 31, 2008, 43.14 0.01 Acres of Undivided share of landwith Duplex Flat with built up area of 0.07 Acreswith 3 Car Parkings Sr. No Description Property 1 Commercial Space of Name Lessor of Sreenivasa Associates (Project Works) Ltd Agreement Date, Lease period and Khata No. and Plot No 1.06.2009 for 3 years Flat No. 404, 405,408,409 and 410, (alongwith car parkings) at 5 th Floor, Bhanu Enclave, Sundarnagar, Erragadda, Hyderabad 500 038 Amount Total Area Purpose `2.07 lakhs per month 10350 sq.ft For Registered Office 112
KEY REGULATIONS AND POLICIES Our Company is into Infrastructure segment in India. Our Company undertakes infrastructure activities in Irrigation, Railways and Industrial Infrastructure segment. Our Company undertakes projects which are awarded either by Central & State government bodies / agencies, Public Sector Enterprises and Private Sector Enterprises. The following description is a summary of some of the relevant regulations and policies as prescribed by the Government of India. The summary of regulations set out below is not exhaustive, and is only intended to provide general information to the investors and is neither designed nor intended to be a substitute for professional legal advice. There are no specific regulations in India governing the infrastructure industry. Taxation statutes such as the Income Tax Act, 1961, Central Sales Tax Act, 1956 and applicable local sales tax statutes, labour regulations such as the Employees‟ State Insurance Act, 1948 and the Employees‟ Provident Fund and [Miscellaneous Provisions] Act, 1952, and other miscellaneous regulations and statutes such as the Trade Marks Act, 1999 apply to us as they do to any other Indian company. The statements below are based on the current provisions of Indian law, and the judicial and administrative interpretations thereof, which are subject to change or modification by subsequent legislative, regulatory, administrative or judicial decisions. For details of government approvals obtained by us, see the section titled “Government And Other Approvals” beginning on page 191 of this DRHP. 1. Contract Labour (Regulation and Abolition) Act, 1970 The Contract Labour (Regulation and Abolition) Act, 1970 (“CLRA”) has been enacted to regulate the employment of contract labour in certain establishments, the regulation of their conditions and terms of service and to provide for its abolition in certain circumstances. The CLRA applies to every establishment in which 20 or more workmen are employed or were employed on any day of the preceding 12 months as contract labour. The CLRA vests the responsibility on the principal employer of an establishment to which the CLRA applies to make an application to the registering authority in the prescribed manner for registration of the establishment. In the absence of registration, a contract labour cannot be employed in the establishment. Likewise, every contractor to whom the CLRA applies is required to obtain a license and not to undertake or execute any work through contract labour except under and in accordance with the license issued. To ensure the welfare and health of the contract labour, the CLRA imposes certain obligations on the contractor in relation to establishment of canteens, rest rooms, drinking water, washing facilities, first aid, other facilities and payment of wages. However, in the event the contractor fails to provide these amenities, the principal employer is under an obligation to provide these facilities within a prescribed time period. Penalties, including both fines and imprisonment, may be levied for contravention of the provisions of the CLRA. 2. The Building and Other Construction workers Regulation of Employment and Conditions of Service Act 1996 and The Building and Other Construction workers Welfare Cess Act, 1996 This Act provides for the levy and collection of a cess on the cost of construction, with a view to augmenting the resources of the Building and other Construction Workers Welfare Boards constituted under the Building and Other Construction Workers (regulation of Employment and Conditions of Service) Act, 1996. All the establishments who carry on any building or other construction work and employ 10 or more workers are covered under this Act.All such establishments are required to pay cess at the rate not exceeding 2% but not less than 1% of the cost of construction incurred by the employer, as may be modified by the Government. The Employer of the establishment is required to provide safety measures at the Building or construction work and other welfare measures, such as Canteens, First-Aid facilities, Ambulance, Housing accommodations for workers near the work place etc. The Employer to whom the Act applies has to obtain a registration certificate from the Registering Officer appointed by the Government. 3. Payment of Wages Act 1936 The Payment of Wages Act 1936 (“PWA”) makes provisions regarding the date by which wages payable to employees/ workers are to be paid, when it will be paid and what deductions can be made from the wages of the workers. 113
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APR Constructions Limited (Our Comp
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DEFINITIONS AND ABBREVIATIONS SECTI
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Term BOBCAPS Book Building Process
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Term Pay-in-Period Price Band Prici
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Abbreviation Full Form DP ID Deposi
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Industry/ Project Related Terms, De
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Financial Data PRESENTATION OF FINA
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SECTION II - RISK FACTORS RISK FACT
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qualification or shortlisting proce
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Our operations are currently geogra
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24. Our projects under development
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(` in Lakhs) Particulars Year Ended
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We propose to acquire plant and mac
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• Significant development in Indi
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13. Investors are advised to refer
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Key Highlights Government Investm
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In order to surmount strain in capa
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Our major clientele under different
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SUMMARY STATEMENT OF PROFIT AND LOS
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THE ISSUE Issue by our Company Of w
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Name, Designation, Occupation and D
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Statutory Auditor M/s J.B. Reddy &
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Sr. No. requirements and completion
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4) Ensure that the Bid-cum-Applicat
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Only Bids that are uploaded on the
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Notes to capital structure 1. Histo
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Date of allotment/ Transfer Number
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Regulations and in compliance with
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10. Shareholding pattern of our Com
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24. The Equity shares held by the P
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of the proceeds and increasing or d
Page 63 and 64: 17 CATERPILLAR MOTOR GRADER MODEL C
Page 65 and 66: lakhs respectively. Other current a
Page 67 and 68: BASIS FOR ISSUE PRICE Investors sho
Page 69 and 70: STATEMENT OF TAX BENEFITS The Board
Page 71 and 72: 7. The amount of tax paid under sec
Page 73 and 74: If the specified asset is transferr
Page 75 and 76: B. 2. Non-Resident Indians Further,
Page 77 and 78: months from the date of transfer in
Page 79 and 80: (Source:CRISIL Research, Indian Inf
Page 81 and 82: Operations and Maintenance (O&M) Co
Page 83 and 84: Major and Medium irrigation project
Page 85 and 86: Funding Sources Irrigation projects
Page 87 and 88: Up gradation/ strengthening of 5,00
Page 89 and 90: Rural roads PMGSY: Government‟s c
Page 91 and 92: Rural roads under the PMGSY are 100
Page 93 and 94: To realize this potential, the Indi
Page 95 and 96: In addition to above, private playe
Page 97 and 98: Our major clientele under different
Page 99 and 100: Having a pan-India presence by bidd
Page 101 and 102: Indent Source identification Collec
Page 103 and 104: . Construction of Canals including
Page 105 and 106: Project & Location Construction of
Page 107 and 108: Project & Location Value of Project
Page 109 and 110: Project & Location Waghur Dam, Maha
Page 111 and 112: B. Earth Works: 1. Excavator/ Back
Page 113: We obtain specialized insurance for
Page 117 and 118: 8. Local Shops and Establishments L
Page 119 and 120: HISTORY AND OTHER CORPORATE MATTERS
Page 121 and 122: imports and exports, purchases, mar
Page 123 and 124: Of the two, APRCL-CRSSG (JV) was aw
Page 125 and 126: awarded the contract to the JV vide
Page 127 and 128: OUR MANAGEMENT Our Company is curre
Page 129 and 130: years, Special Silver Award and The
Page 131 and 132: Sitting Fees payable to Non Executi
Page 133 and 134: 3. Monitoring transfers, transmissi
Page 135 and 136: Management Organisational Structure
Page 137 and 138: Employees As on February 28, 2011 o
Page 139 and 140: Promoter and Promoter Group Matrix
Page 141 and 142: BIL has made an application dated S
Page 143 and 144: 2. Prarthana Inns Private Limited (
Page 145 and 146: Shareholding Pattern Sr. No. Name o
Page 147 and 148: Shareholding Pattern Sr. No. Name o
Page 149 and 150: DIVIDEND POLICY Our Company has no
Page 151 and 152: B. Other Financial Information: We
Page 153 and 154: ANNEXURE II SUMMARY STATEMENT OF AS
Page 155 and 156: STATEMENT OF ADJUSTMENTS TO AUDITED
Page 157 and 158: e. Inventories: Materials, Stores a
Page 159 and 160: 5. Managerial Remuneration: Sr. No.
Page 161 and 162: ANNEXURE - V SUMMARY STATEMENT OF C
Page 163 and 164: I. Primary Securityto Karnataka Ban
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ANNEXURE- IX STATEMENT OF LOANS AND
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ANNEXURE- XII Detail of Related Par
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Sreenivasa Associates (Project Work
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ANNEXURE -XVII STATEMENT OF INVESTM
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MANAGEMENT‟S DISCUSSION AND ANALY
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Work Expenditure Work expenditure c
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Interest and Finance charges and De
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Interest & Finance Charges Interest
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3. Known trends or uncertainties th
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c d Residential plots Nos 4 &5in su
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SECTION VI - LEGAL AND OTHER INFORM
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paid by the NBCC and that the Sub c
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8376/2008 of Delhi, New Delhi Const
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PART 4: LITIGATION RELATING TO OUR
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GOVERNMENT AND OTHER APPROVALS Our
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5. Special Class Contractor Registr
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OTHER REGULATORY AND STATUTORY DISC
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1. “WE HAVE EXAMINED VARIOUS DOCU
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14. WE ENCLOSE A NOTE EXPLAINING HO
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Filing A copy of this Draft Red Her
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Public Issues in the Last Three Yea
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SECTION VII - ISSUE RELATED INFORMA
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applicant would prevail. If the inv
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The Equity Shares have not been and
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Particulars QIBs# Non-Institutional
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ISSUE PROCEDURE This section applie
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Foreign venture capital investors r
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Subject to compliance with all appl
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and conditions that our Company and
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circulation and also by indicating
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SHARES, IF THEY SO DESIRE, AS PER T
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Stock Exchanges; nor does it in any
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(e) Allocation to Eligible NRIs or
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Notice to QIBs: Allotment/Transfer
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number of shares that can be held b
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The Bidders should note that the es
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Other Instructions Joint Bids in th
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20) In case no corresponding record
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shall be punishable with imprisonme
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i. Each successful Bidder shall be
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1. Direct Credit - Applicants havin
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ASBA Bids within eight Working Days
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RESTRICTIONS ON FOREIGN OWNERSHIP O
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6. MODIFICATION OF RIGHTS Whenever
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In the case of debentures or loans
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29. DIRECTORS MAY EXTEND TIME The B
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affect and the direction shall be e
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(1) Notwithstanding anything to the
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previous financial year or years ar
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141. INDEMNITY (1) If the Company s
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12. Application dated [•] for in-
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APR Constructions Limited - Saffron Capital

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