sejal architectural glass limited - Securities and Exchange Board of ...

With the knowledge and experience of our promoter supported by a qualified team of technical
experts, our company is poised to take advantage and participate in India’s growth story.
Capacity and Capacity Utilization
Installed Capacity for the processing unit
Particulars Capacity
Installed Capacity
- Insulating Glass 49,500 Sq. Meters
- Tempering Glass 2,40,000 Sq. Meters
- Laminated Glass 4,500 Sq. Meters
Note: The nature of operations carried out in the present processing unit prohibits it from
reasonably ascertaining capacity utilization. Therefore, the figures regarding capacity
utilization for the past 3 years are not being given.
Capacity and capacity utilization for the proposed float glass project is as under:
Particulars Period Ended Period Ended Period Ended
Float glass section 2009-10 2010-11 2011-12
Installed capacity(TPD) 550 550 550
Proportionate installed capacity(TPD) 550 550 550
Proposed production (TPD) 440 467.5 522.50
Capacity Utilization (%) 80% 85% 90%
Note: Commercial production of float glass is expected to commence in March 2009, as
detailed in the schedule of implementation described on page [●] of this Draft Red Herring
Prospectus.
Export possibilities and export obligations, if any
Our company is currently exporting to countries like Sri lanka, Bangladesh, Mauritius Uganda,
Tanzania etc. We look to expand our exports to other countries in Europe, Australia and other
African Countries. Furthermore, we are looking at aggressively expanding our market base and
escalating our global reach.
We import glass and other raw materials under the Advance License Scheme ("Scheme") and
have availed duty exemption. As a result we have to perform export obligations which we are
required to be fulfilled within a period of 18 months and extended to 30 months from the date
of the issue of the respective licenses. The consequence of not meeting the above commitment
would be a retrospective levy of import duty on the utilized portion of the licence.
Additionally, the respective authorities have the discretion to levy penalties and / or interest
for any defaults on a case-by-case basis.
The above Scheme requires the importer to submit to the Customs Authorities for every
advance license, a bond of value equivalent to 100% of the value of the Customs duty involved.
This bond is cancelled after the export obligation is completed and the money has been duly
received. The details of the advance license are given herein below:
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