Shriram City Union Finance Limited - Karvy

More documents

Recommendations

Info

Annexure IIShriram City Union Finance LimitedReformatted summary of Profit and Loss AccountParticularsSchedule(Rs. in Lacs)For the year ended March 31,2011 2010 2009 2008 2007A. Incomei Income from Operations 12 131,800.12 107,205.35 92,357.73 61,072.29 33,592.29ii Other Income 13 291.07 3,079.36 1,036.02 1,246.47 1,213.62Total Income 132,091.19 110,284.71 93,393.75 62,318.76 34,805.91B. Expenditurei Financial Expenses 14 58,848.26 51,759.01 49,048.65 30,848.93 17,124.52ii Personnel Expenses 15 4,367.02 3,611.63 3,582.75 2,274.74 935.51iii Operating & Other Expenses 16 20,470.16 14,163.60 12,882.73 10,273.02 6,034.77iv Depreciation and amortization 747.41 464.77 1,018.23 1,127.52 373.35v Impairment loss/(Reversal) onFixed assets & stock - - 1,186.81 - -vi Share & Debenture Issue expenseswritten off17 - - - 2.13 1.69viiProvisions & Write offs (net) 18 11,598.25 11,659.84 7,701.05 5,093.96 2,392.75Total Expenditure 96,031.10 81,658.85 75,420.22 49,620.30 26,862.59C. Net Profit Before Taxation (A-B) 36,060.09 28,625.86 17,973.53 12,698.46 7,943.32D. Provision for taxationCurrent tax 12,460.20 9,972.11 7,055.25 6,134.29 2,902.09Deferred tax (458.96) (809.65) (946.04) (2,340.33) (191.70)Wealth tax 1.76Fringe Benefit Tax 161.79 141.00 70.77Fringe Benefit Tax of earlier Year 37.54Total Tax 12,001.24 9,200.00 6,272.76 3,934.96 2,781.16E. Net Profit after Taxation (C-D) 24,058.85 19,425.86 11,700.77 8,763.50 5,162.16F-6
Annexure IIShriram City Union Finance LimitedReformatted summary of Profit and Loss AccountParticularsSchedule(Rs. in Lacs)For the year ended March 31,2011 2010 2009 2008 2007Balance in Profit & Loss Accountbrought forward 22,730.09 12,003.01 8,412.03 4,471.38 2,264.35F. Balance Available forAppropriations 46,788.94 31,428.87 20,112.80 13,234.88 7,426.51G. AppropriationsDividend - CumulativeRedeemable Preference Shares - - 63.17 141.59 145.15Equity Shares - Interim dividend 1,236.25 982.28 501.85 391.00 271.00Equity Shares - Proposed finaldividend 1,733.79 1,474.64 1,375.92 1,332.15 782.00Preference Shares - Proposed finaldividend 0.08 9.41Tax on dividend 205.33 166.94 96.02 316.92 192.87Tax on proposed dividend 281.26 244.92 233.84 - -Transfer to statutory reserve 4,810.00 3,890.00 2,340.00 1,761.11 1,032.43Transfer to general reserve 2,410.00 1,940.00 1,170.00 880.00 522.27Transfer to Capital RedemptionReserve - - 2,328.98 - -Total Appropriations 10,676.63 8,698.78 8,109.79 4,822.85 2,955.13H. Balance carried to Balance Sheet(F-G) 36,112.31 22,730.09 12,003.01 8,412.03 4,471.38As per our report of even dateFor Pijush Gupta & Co.Firm Registration No. 309015EChartered AccountantsFor and on behalf of the Board of Directors ofShriram City Union finance LimitedRamendra Nath Das R. Kannan S. VenkatakrishnanPartner Managing Director DirectorMembership No. 014125Place: ChennaiDate: July 21, 2011C R DASHCompany SecretaryF-7
Page 1 and 2:
Draft ProspectusDated July 21, 2011
Page 3 and 4:
SECTION I : GENERALDEFINITIONS / AB
Page 5 and 6:
TermDebenture Holder (s)Debt Listin
Page 7 and 8:
that notice of such early closure i
Page 9 and 10:
TermROCRTGSSBISCRASCRRSEBIDescripti
Page 11 and 12:
• Emergence of new competitors;
Page 13 and 14:
SECTION II : RISK FACTORSProspectiv
Page 15 and 16:
may be lower than the outstanding l
Page 17 and 18:
and other liberalization measures a
Page 19 and 20:
previous working relationship; succ
Page 21 and 22:
As part of our means of raising and
Page 23 and 24:
24. We may have to comply with stri
Page 25 and 26:
valuation mechanism, which are pers
Page 27 and 28:
Risks Relating to the Utilization o
Page 29 and 30:
As on March 31, 2011, 24 % of our A
Page 31 and 32:
5. Investors may contact the Regist
Page 33 and 34:
Lead Managers:JM Financial Consulta
Page 35 and 36:
Bankers to our CompanyANDHRA BANKCo
Page 37 and 38:
STATE BANK OF BIKANER AND JAIPUR1 s
Page 39 and 40:
warrant. CRISIL is not responsible
Page 41 and 42:
We leverage on the Shriram Group’
Page 43 and 44:
Access to a range of cost effective
Page 45 and 46:
THE ISSUEThe following is a summary
Page 47 and 48:
SUMMARY FINANCIAL INFORMATIONThe fo
Page 49 and 50:
B. SUMMARY INFORMATION OF OUR UNCON
Page 51 and 52:
C. SUMMARY INFORMATION OF OUR UNCON
Page 53 and 54:
ParticularsFor the year ended March
Page 55 and 56:
E. SUMMARY INFORMATION OF OUR CONSO
Page 57 and 58:
F. SUMMARY INFORMATION OF OUR CONSO
Page 59 and 60:
CAPITAL STRUCTUREDetails of share c
Page 61 and 62:
Date of AllotmentNumber of sharesis
Page 63 and 64:
Sr.NoCategory ofShareholderNumberof
Page 65 and 66:
Sr. No. Name of holder Number ofins
Page 67 and 68:
11. List of top ten holders of Secu
Page 69 and 70:
Employee Stock Option SchemesPursua
Page 71 and 72:
STATEMENT OF TAX BENEFITSUnder the
Page 73 and 74:
provisions of Chapter XII-A shall c
Page 75 and 76:
SECTION IV : ABOUT THE ISSUER COMPA
Page 77 and 78:
Initially, the NBFCs registered wit
Page 79 and 80:
Overall Demand Drivers in the Two W
Page 81 and 82:
wheelers and similar forms of intra
Page 83 and 84:
Players are now adopting stringent
Page 85 and 86:
Growth in CV finance disbursements`
Page 87 and 88:
SI.No.YearTotalMSMEs(lakhnumbers)Fi
Page 89 and 90:
women and all loans to the North Ea
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 and 134: OUR PROMOTERProfile of our Promoter
Page 135 and 136: Particulars FY 2008 FY 2009 FY 2010
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: Annexure IShriram City Union Financ
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
Page 185 and 186: c. Fixed Assets, Depreciation / Amo
Page 187 and 188: g. Revenue recognitioni. Income fro
Page 189 and 190: j. Segment reportingThe company ope
Page 191 and 192: 2010 - 20112. Notes to Accounts1. P
Page 193 and 194: c) Term Loans:i. From Financial Ins
Page 195 and 196: Changes in the present value of the
Page 197 and 198:
Enterprises havingsignificant influ
Page 199 and 200:
Deferred Tax AssetTiming difference
Page 201 and 202:
Stock Options grantedThe weighted a
Page 203 and 204:
12. SecuritizationThe information o
Page 205 and 206:
c) All Debentures under (a) and (b)
Page 207 and 208:
Balance sheetDetails of Provision f
Page 209 and 210:
(Rs. In Lacs)Enterprises havingsign
Page 211 and 212:
5. Deferred Tax Liabilities/(Asset)
Page 213 and 214:
The details of Series I have been s
Page 215 and 216:
Since the enterprise used the intri
Page 217 and 218:
13.1 Licensed Capacity, Installed c
Page 219 and 220:
) Term Loans:As at March 31,2009(Rs
Page 221 and 222:
Profit and Loss accountNet employee
Page 223 and 224:
The estimates of future salary incr
Page 225 and 226:
7. Related Party DisclosuresRelated
Page 227 and 228:
* Denotes transactions with Shriram
Page 229 and 230:
(Rs. in lacs)As at March 31, As at
Page 231 and 232:
Stock Options grantedSeries I:The w
Page 233 and 234:
15. SecuritisationThe Company sells
Page 235 and 236:
2007 - 20082. Notes to Accounts1. P
Page 237 and 238:
2. Subordinated DebtThe Company has
Page 239 and 240:
The principal assumptions used in d
Page 241 and 242:
6. Related Party DisclosuresRelated
Page 243 and 244:
9. Earnings per shareParticularsYea
Page 245 and 246:
Income Tax/Wealth TaxDisputed Incom
Page 247 and 248:
Stock Options grantedSeries I:The w
Page 249 and 250:
15. SecuritisationThe Company sells
Page 251 and 252:
2006 - 2007B) Notes to AccountsPart
Page 253 and 254:
9. Expenses in respect of common br
Page 255 and 256:
15. Details of Deferred Tax Liabili
Page 257 and 258:
3(Rs. In lacs)As on March 31,Partic
Page 259 and 260:
(Rs. In lacs)ParticularsAmount outs
Page 261 and 262:
7 Investor group-wise classificatio
Page 263 and 264:
PIJUSH GUPTA & COC H A R T E R E D
Page 265 and 266:
Other consolidated Financial Inform
Page 267 and 268:
Annexure IIShriram City Union Finan
Page 269 and 270:
Shriram City Union Finance LimitedC
Page 271 and 272:
Annexure IVShriram City Union Finan
Page 273 and 274:
Page 275 and 276:
Page 277 and 278:
Shriram City Union Finance LimitedS
Page 279 and 280:
Annexure VShriram City Union Financ
Page 281 and 282:
Page 283 and 284:
Annexure VIShriram City Union Finan
Page 285 and 286:
Page 287 and 288:
Page 289 and 290:
Shriram City Union Finance Ltd.,Ann
Page 291 and 292:
Shriram City Union Finance Ltd.,Ann
Page 293 and 294:
Annexure XIShriram City Union Finan
Page 295 and 296:
Page 297 and 298:
(E)InvestmentsInvestments intended
Page 299 and 300:
(K)Segment reportingThe company ope
Page 301 and 302:
) Privately Placed Redeemable Non-C
Page 303 and 304:
Balance sheetDetails of Provision f
Page 305 and 306:
PaymentsEnterprises having signific
Page 307 and 308:
(8) Deferred Tax Liabilities/(Asset
Page 309 and 310:
The details of Stock Option plan ar
Page 311 and 312:
In March 2005 the ICAI has issued a
Page 313 and 314:
As per our report of even dateFor P
Page 315 and 316:
Sr.No.Particulars16. Industrial Dev
Page 317 and 318:
Sr.No.Particulars Date of sanction
Page 319 and 320:
1. to declare and/ or pay dividend
Page 321 and 322:
SECTION VI : ISSUE RELATED INFORMAT
Page 323 and 324:
person, being a nominee, becoming e
Page 325 and 326:
*With respect to applications recei
Page 327 and 328:
e paid on the next working day. Pay
Page 329 and 330:
Please note that failure to do so c
Page 331 and 332:
We may at our discretion redeem the
Page 333 and 334:
other NCDs in their place. The afor
Page 335 and 336:
from the date of receipt of the app
Page 337 and 338:
or entities.Applicants are advised
Page 339 and 340:
3. Filing of the Prospectus with RO
Page 341 and 342:
in the Application Form would be us
Page 343 and 344:
B. Additional ApplicationsAn applic
Page 345 and 346:
12. Allotment Advice / Refund Order
Page 347 and 348:
iii) In the event, there are more t
Page 349 and 350:
SECTION VII : LEGAL AND OTHER INFOR
Page 351 and 352:
within the meaning of section 271 (
Page 353 and 354:
OTHER REGULATORY AND STATUTORY DISC
Page 355 and 356:
ActivityFees payable legal advisors
Page 357 and 358:
(Source: www.bseindia.com)NSEMonth
Page 359 and 360:
Year ended As at 31st March` In Lak
Page 361 and 362:
(ii)NBFCs are not allowed to deal i
Page 363 and 364:
when hire charges are actually rece
Page 365 and 366:
different rates of interest for dif
Page 367 and 368:
Labour LawsThe Company is required
Page 369 and 370:
…Clause (3) of Article 42 at thei
Page 371 and 372:
MATERIAL CONTRACTS AND DOCUMENTS FO
Page 373:
DECLARATIONWe, the Directors of the
show all

Shriram City Union Finance Limited - Karvy

Create successful ePaper yourself

Delete template?

Save as template?