Shriram City Union Finance Limited - Karvy

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Board of directors of our Promoter as on March 31, 20111. Mr. Chandrashekhar Ramasubramanian2. Mr. Ravi Venkatraman3. Mr. Murali SrinivasanChanges in the board of directorsThere have been no changes in the board of directors of our Promoter in the last three years preceding the date ofthis Draft Prospectus.Name of the Director Date of Change ReasonMr. Venkataraman Mahalingam May 27, 2005 ResignationFinancial Performance of our Promoter for the last three financial years(` in Lakhs)Particulars FY 2008 FY 2009 FY 2010Balance SheetSOURCES OF FUNDSShareholder Funds:Share Capital 1,000.00 1000.00 1000.00Unsecured Loan from Shareholder 2,682.50 4228.30 4228.30Reserves and Surplus 22,556.34 23265.25 23991.49Total 26,238.84 28493.55 29219.79APPLICATION OF FUNDSInvestments 2,6230.93 28,311.73 28,311.73Deferred Tax Asset (Net) Nil Nil NilCurrent AssetsCash and Bank Balances 7.80 181.74 907.99Loans & Advances 0.18 Nil0.18 0.18Less: Current Liabilities 0.07 0.10 0.12Net Current Assets 7.91 181.82 908.05Total 26,238.84 28,493.55 29,219.79Profit and Loss AccountINCOMEDividend Income 432.64 716.86 896.07Interest Received 0.00 0.00 0.00Total 432.64 716.86 896.07122
Particulars FY 2008 FY 2009 FY 2010EXPENDITUREInterest Paid 0.00 0.00 0.00Audit Fees 0.10 0.13 0.15Demat A/c Charges 0.00 0.36 0.13Filing Fees 6.50 1.06 0.02Postage & Courier Expenses 0.29 0.00 0.00Professional Charges Paid 0.00 6.25 169.53Miscellaneous Expenses 0.00 0.06 0.00Loss on sale of Shares 142.50 0.00 0.00Printing and Stationary Charges 0.00 0.04 0.00Bank Charges 0.03 0.04 0.01Total 149.42 7.94 169.84Net Profit Before Tax 283.22 708.92 726.23Add: Provision for Deferred Tax - - -Less : Provision for –Taxation - - -Net Profit After Tax 283.22 708.92 726.23Balance brought down from Previous Year 429.77 712.99 1421.91Less: Prior Period Tax - - -Less: Dividend Paid - - -Less: Transferred to General Reserve - - -Surplus carried over to Balance Sheet 712.99 1,421.91 2148.14B. Shriram Retail Holdings Private LimitedShriram Retail Holdings Private Limited was incorporated as private limited companies under the Act on January24, 2006 vide a certificate of incorporation issued by the ROC, Chennai, Tamil Nadu. The registered office of ourPromoter is located at Mookambika Complex, No.4, Lady Desika Road, Mylapore, Chennai 600 004. Our Promoter isprimarily engaged in the business of investment promotion including facilitating strategic investor or private equityinvestors or third parties to invest in our Company.Our Promoter has not been named or set out as a promoter of any other company in any offer document, filing withstock exchange(s) or with any regulatory and/or statutory authorities. Further, besides holding shares of ourCompany, our Promoter does not directly or indirectly hold shares in the share capital of any company. There are nocommon pursuits between our Company and our Promoter.Interest of Promoter in our CompanyExcept as stated under the section titled “Financial Information” beginning on page 128 of this Draft Prospectus andto the extent of their shareholding in our Company, the Promoter does not have any other interest in our Company’sbusiness. Further, our Promoter has no interest in any property acquired by our Company in the last two years fromthe date of this Draft Prospectus, or proposed to be acquired by our Company.Our Promoter does not propose to subscribe to this Issue.Other than the payment of dividend on the shares held by our Promoter in the share capital of our Company, andissue of the following Equity Shares and warrants convertible into Equity Shares, interest paid on Inter-corporateDeposit, we have not paid or granted any amounts or benefits, in the two years preceding the date of this DraftProspectus.123
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Draft ProspectusDated July 21, 2011
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SECTION I : GENERALDEFINITIONS / AB
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TermDebenture Holder (s)Debt Listin
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that notice of such early closure i
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TermROCRTGSSBISCRASCRRSEBIDescripti
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• Emergence of new competitors;
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SECTION II : RISK FACTORSProspectiv
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may be lower than the outstanding l
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and other liberalization measures a
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previous working relationship; succ
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As part of our means of raising and
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24. We may have to comply with stri
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valuation mechanism, which are pers
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Risks Relating to the Utilization o
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As on March 31, 2011, 24 % of our A
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5. Investors may contact the Regist
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Lead Managers:JM Financial Consulta
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Bankers to our CompanyANDHRA BANKCo
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STATE BANK OF BIKANER AND JAIPUR1 s
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warrant. CRISIL is not responsible
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We leverage on the Shriram Group’
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Access to a range of cost effective
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THE ISSUEThe following is a summary
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SUMMARY FINANCIAL INFORMATIONThe fo
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B. SUMMARY INFORMATION OF OUR UNCON
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C. SUMMARY INFORMATION OF OUR UNCON
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ParticularsFor the year ended March
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E. SUMMARY INFORMATION OF OUR CONSO
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F. SUMMARY INFORMATION OF OUR CONSO
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CAPITAL STRUCTUREDetails of share c
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Date of AllotmentNumber of sharesis
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Sr.NoCategory ofShareholderNumberof
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Sr. No. Name of holder Number ofins
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11. List of top ten holders of Secu
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Employee Stock Option SchemesPursua
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STATEMENT OF TAX BENEFITSUnder the
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provisions of Chapter XII-A shall c
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SECTION IV : ABOUT THE ISSUER COMPA
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Initially, the NBFCs registered wit
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Overall Demand Drivers in the Two W
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wheelers and similar forms of intra
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Page 85 and 86: Growth in CV finance disbursements`
Page 87 and 88: SI.No.YearTotalMSMEs(lakhnumbers)Fi
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Page 91 and 92: segment and the ability to provide
Page 93 and 94: NBFCs in the Indian gold loans mark
Page 95 and 96: We leverage on the Shriram Group’
Page 97 and 98: Access to a range of cost effective
Page 99 and 100: Our Company’s ProductsProduct Fin
Page 101 and 102: All customer origination and evalua
Page 103 and 104: maintain low gross and net NPA leve
Page 105 and 106: The following table sets forth the
Page 107 and 108: Credit RatingAgencyCAREInstruments
Page 109 and 110: TechnologyWe use information techno
Page 111 and 112: act as, and to undertake and carry
Page 113 and 114: Company equal to or more than 7% of
Page 115 and 116: (c) Term and termination: Either pa
Page 117 and 118: Pursuant to the Agreement, the Inve
Page 119 and 120: • more than 50% of the fully dilu
Page 121 and 122: OUR MANAGEMENTBoard of DirectorsThe
Page 123 and 124: Name, Designation,Age and DINNation
Page 125 and 126: commercial banks. He was the chairm
Page 127 and 128: Remuneration of the DirectorsThe in
Page 129 and 130: A. Audit CommitteeThe members of th
Page 131 and 132: To form Sub CommitteesD. Asset liab
Page 133: OUR PROMOTERProfile of our Promoter
Page 137 and 138: Particulars FY 2008 FY 2009 FY 2010
Page 139 and 140: Sr.No.Name of Shareholder Address N
Page 141 and 142: PIJUSH GUPTA & COC H A R T E R E D
Page 143 and 144: 8. This report should not be in any
Page 145 and 146: Annexure IShriram City Union Financ
Page 147 and 148: Annexure IIShriram City Union Finan
Page 149 and 150: Shriram City Union Finance LimitedA
Page 151 and 152: Annexure IIIShriram City Union Fina
Page 153 and 154: Annexure IVShriram City Union Finan
Page 165 and 166: Annexure VShriram City Union Financ
Page 171 and 172: Annexure VIShriram City Union Finan
Page 173 and 174: Annexure VIIShriram City Union Fina
Page 175 and 176: Annexure VIIIShriram City Union Fin
Page 177 and 178: Annexure IXShriram City Union Finan
Page 179 and 180: Annexure IXC. Cash Credit from Bank
Page 181 and 182: Annexure XShriram City Union Financ
Page 183 and 184: Annexure - XIIShriram City Union Fi
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c. Fixed Assets, Depreciation / Amo
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g. Revenue recognitioni. Income fro
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j. Segment reportingThe company ope
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2010 - 20112. Notes to Accounts1. P
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c) Term Loans:i. From Financial Ins
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Changes in the present value of the
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Enterprises havingsignificant influ
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Deferred Tax AssetTiming difference
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Stock Options grantedThe weighted a
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12. SecuritizationThe information o
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c) All Debentures under (a) and (b)
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Balance sheetDetails of Provision f
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(Rs. In Lacs)Enterprises havingsign
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5. Deferred Tax Liabilities/(Asset)
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The details of Series I have been s
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Since the enterprise used the intri
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13.1 Licensed Capacity, Installed c
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) Term Loans:As at March 31,2009(Rs
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Profit and Loss accountNet employee
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The estimates of future salary incr
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7. Related Party DisclosuresRelated
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* Denotes transactions with Shriram
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(Rs. in lacs)As at March 31, As at
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Stock Options grantedSeries I:The w
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15. SecuritisationThe Company sells
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2007 - 20082. Notes to Accounts1. P
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2. Subordinated DebtThe Company has
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The principal assumptions used in d
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6. Related Party DisclosuresRelated
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9. Earnings per shareParticularsYea
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Income Tax/Wealth TaxDisputed Incom
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Stock Options grantedSeries I:The w
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15. SecuritisationThe Company sells
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2006 - 2007B) Notes to AccountsPart
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9. Expenses in respect of common br
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15. Details of Deferred Tax Liabili
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3(Rs. In lacs)As on March 31,Partic
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(Rs. In lacs)ParticularsAmount outs
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7 Investor group-wise classificatio
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PIJUSH GUPTA & COC H A R T E R E D
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Other consolidated Financial Inform
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Annexure IIShriram City Union Finan
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Shriram City Union Finance LimitedC
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Annexure IVShriram City Union Finan
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Shriram City Union Finance LimitedS
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Annexure VShriram City Union Financ
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Annexure VIShriram City Union Finan
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Shriram City Union Finance Ltd.,Ann
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Shriram City Union Finance Ltd.,Ann
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Annexure XIShriram City Union Finan
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(E)InvestmentsInvestments intended
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(K)Segment reportingThe company ope
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) Privately Placed Redeemable Non-C
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Balance sheetDetails of Provision f
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PaymentsEnterprises having signific
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(8) Deferred Tax Liabilities/(Asset
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The details of Stock Option plan ar
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In March 2005 the ICAI has issued a
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As per our report of even dateFor P
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Sr.No.Particulars16. Industrial Dev
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Sr.No.Particulars Date of sanction
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1. to declare and/ or pay dividend
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SECTION VI : ISSUE RELATED INFORMAT
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person, being a nominee, becoming e
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*With respect to applications recei
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e paid on the next working day. Pay
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Please note that failure to do so c
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We may at our discretion redeem the
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other NCDs in their place. The afor
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from the date of receipt of the app
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or entities.Applicants are advised
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3. Filing of the Prospectus with RO
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in the Application Form would be us
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B. Additional ApplicationsAn applic
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12. Allotment Advice / Refund Order
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iii) In the event, there are more t
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SECTION VII : LEGAL AND OTHER INFOR
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within the meaning of section 271 (
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OTHER REGULATORY AND STATUTORY DISC
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ActivityFees payable legal advisors
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(Source: www.bseindia.com)NSEMonth
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Year ended As at 31st March` In Lak
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(ii)NBFCs are not allowed to deal i
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when hire charges are actually rece
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different rates of interest for dif
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Labour LawsThe Company is required
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…Clause (3) of Article 42 at thei
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MATERIAL CONTRACTS AND DOCUMENTS FO
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DECLARATIONWe, the Directors of the
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Shriram City Union Finance Limited - Karvy

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