SRS Limited (RHP) - Karvy

SRS LimitedImplementation Schedule for setting up the proposed Jewellery Retails StoresParticularOriginal ScheduleRevised ScheduleCommencement Expected date Commencement Expecteddateof completion datedate offor all unitscompletionfor all unitsIdentification and acquiring the February 2011 September August 2011 June 2012properties2011Starting of the Civil and interior April 2011 October 2011 September 2011 July 2012worksPlacement of order for Plant & April 2011 November September 2011 July 2012Machinery and Furniture &Fixture2011Delivery of Plant & Machineryand Furniture & FixtureMay 2011 December2011October 2011 September2012Installation of Plant & June 2011 February 2012 November 2011 NovemberMachinery and Furniture &2012FixtureSoft opening and August 2011 March 2012 December 2011 Decembercommissioning of store2012Final opening for the public August 2011 March 2012 December 2011 December2012For expansion of its business operations, the Company has identified the following cities where it will beopening cinemas, food courts / restaurants and retail stores.Sr. CitiesSr. CitiesSr. CitiesNo.No.No.1 Ahmedabad 11 Gwalior 21 Mohali2 Ambala 12 Gurgaon 22 Nasik3 Amritsar 13 Hoshiarpur 23 Palwal4 Bangalore 14 Indore 24 Panipat5 Bhiwadi 15 Jabalpur 25 Patiala6 Bhopal 16 Jaipur 26 Raipur7 Chandigarh 17 Jallandhar 27 Rewari8 Dehradun 18 Kanpur 28 Rudrapur9 Faridabad 19 Ludhiana 29 Ujjain10 Ghaziabad 20 Meerut 30 Varanasi5. General Corporate PurposesThe Company intends to deploy the surplus Issue proceeds, if any, aggregating Rs. [●] million, towardsGeneral Corporate Purposes, including, but not restricted to entering into brand building exercises andstrengthening its marketing capabilities or contingencies in ordinary course of business which may not beforeseen or any other purposes as approved by its Board of Directors. The management, in accordance withthe policies of the Board of Directors of the Company, will have flexibility in utilizing the proceedsearmarked for General Corporate Purposes.6. Issue Related ExpensesThe expenses of the Issue include, among others, underwriting and management fees, selling commission,fees payable to the Registrars to the Issue, stationery printing & distribution expenses, legal fees, statutoryadvertisement expenses, NSDL / CDSL connectivity charges, charges for book building platform forbidding, fees payable to SEBI and listing fees etc. The total expenses of the Issue are estimated to beapproximately Rs. [●] million. The estimated expenses of the Issue are as follows:51