Shriram City Union Finance Limited - Karvy

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2. Notes to Accounts(1) The following subsidiary company is considered in the consolidated financial statements:Sr.No.Name of the Subsidiary Companya) Shriram Housing Finance Limited(Incorporated on 9 th November 2010)(2) Particulars of Secured LoansCountry ofincorporation% of holding eitherdirectly as at March31, 2011% of holding eitherdirectly as atMarch 31, 2010India 100% -a) Privately placed Redeemable Non-convertible Debentures of Rs 1000/- each (Retail)As at March 31,2011NumberAmount (Rs. in lacs)1,55,29,431 1,55,294.31Secured by equitable mortgage of title deeds of immovable property. Further secured by charge on plant andmachinery, furniture and other fixed assets of the Company, charge on Company’s hypothecation loans, other loans,advances and investments of the Company subject to prior charges created or to be created in favor of theCompany’s bankers, financial institutions and others.These Debentures are redeemable at par over a period of 12 months to 160 months from the date of allotmentdepending on the terms of the agreement. The earliest date of redemption is April 1, 2011. The last date ofredemption is October 25, 2017.Debentures may be bought back subject to applicable statutory and /or regulatory requirements, upon the terms andconditions as may be decided by the Company. The Company may grant loan against the security of NCDs upon theterms and conditions as may be decided by the Company and subject to applicable statutory and/or regulatoryrequirements.F-160
) Privately Placed Redeemable Non-Convertible Debenture (Institutional)Date ofAllotment/renewalFaceValueNumberAs at March31, 2011Redeemableat par on24.09.2009 100000 2500 2500.00 30.09.201417.09.2009 100000 1000 1000.00 30.09.201417.09.2009 100000 1000 1000.00 30.09.201417.09.2009 100000 500 500.00 30.09.201423.09.2009 100000 2000 2000.00 30.09.201406.10.2009 100000 2000 2000.00 07.10.201406.10.2009 100000 1000 1000.00 07.10.201422.04.2010 1000000 1458 14583.33 22.04.201305.07.2010 1000000 750 7500.00 05.01.201323.11.2010 1000000 200 2000.00 23.11.201713.12.2010 1000000 100 1000.00 13.12.201713.12.2010 1000000 150 1500.00 13.12.201704.02.2011 1000000 50 500.00 04.02.202130.03.2011 1000000 2750 27500.00 30.03.2017Total 64583.33Secured by specific assets covered under hypothecation loan agreements and by way of exclusive charge andequitable mortgage of title deeds of immovable property.c) Term Loans:i. From Financial Institutions/Corporate(Rs. in lacs)As at March 31,2011Secured by an exclusive charge by way ofhypothecation of assets under financing.6500.00Total 6500.00ii.From BanksAs at March 31,2011Secured by an exclusive charge by way ofhypothecation of assets under financing.295677.28Total 295677.28F-161
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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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Players are now adopting stringent
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Growth in CV finance disbursements`
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SI.No.YearTotalMSMEs(lakhnumbers)Fi
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women and all loans to the North Ea
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segment and the ability to provide
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NBFCs in the Indian gold loans mark
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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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Our Company’s ProductsProduct Fin
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All customer origination and evalua
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maintain low gross and net NPA leve
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The following table sets forth the
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Credit RatingAgencyCAREInstruments
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TechnologyWe use information techno
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act as, and to undertake and carry
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Company equal to or more than 7% of
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(c) Term and termination: Either pa
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Pursuant to the Agreement, the Inve
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• more than 50% of the fully dilu
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OUR MANAGEMENTBoard of DirectorsThe
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Name, Designation,Age and DINNation
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commercial banks. He was the chairm
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Remuneration of the DirectorsThe in
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A. Audit CommitteeThe members of th
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To form Sub CommitteesD. Asset liab
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OUR PROMOTERProfile of our Promoter
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Particulars FY 2008 FY 2009 FY 2010
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Particulars FY 2008 FY 2009 FY 2010
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Sr.No.Name of Shareholder Address N
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PIJUSH GUPTA & COC H A R T E R E D
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8. This report should not be in any
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Annexure IShriram City Union Financ
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Annexure IIShriram City Union Finan
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Shriram City Union Finance LimitedA
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Annexure IIIShriram City Union Fina
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Annexure IVShriram City Union Finan
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Annexure VShriram City Union Financ
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Annexure VIShriram City Union Finan
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Annexure VIIShriram City Union Fina
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Annexure VIIIShriram City Union Fin
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Annexure IXShriram City Union Finan
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Annexure IXC. Cash Credit from Bank
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Annexure XShriram City Union Financ
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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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Page 265 and 266: Other consolidated Financial Inform
Page 267 and 268: Annexure IIShriram City Union Finan
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Page 271 and 272: Annexure IVShriram City Union Finan
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Page 297 and 298: (E)InvestmentsInvestments intended
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Page 303 and 304: Balance sheetDetails of Provision f
Page 305 and 306: PaymentsEnterprises having signific
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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
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Page 321 and 322: SECTION VI : ISSUE RELATED INFORMAT
Page 323 and 324: person, being a nominee, becoming e
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Page 327 and 328: e paid on the next working day. Pay
Page 329 and 330: Please note that failure to do so c
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Page 333 and 334: other NCDs in their place. The afor
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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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