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

Work-in-progress 0.43 months 430.00
Finished Goods 0.84 months 830.00
Sundry Debtors 1.40 months 4,300.00
Other Current assets 4,200.00
Total Current Assets (A) 10,550.00
Less: Current Liabilities
Sundry Creditors 3 months 2,700.00
Other Current Liabilities 3,700.00
(Other than Bank Borrowings)
Total Current Liabilities (B) 6,400.00
Total Working Capital Requirement (A-B) 4,150.00
25% Working Capital Margin to be funded out of the proceeds of Public Issue 1,037.50
2. General Corporate Purposes
Our company intends to deploy the excess issue proceeds aggregating Rs. [•] Lacs, towards the general corporate
purposes, including but not restricted to payment of interest during construction period, strategic initiatiaves,
and technology upgradation, investment in the other segments of the industry, advertising and brand building,
meeting extingency, which our company in the ordinary course of business may not foresee, or any other purpose
as approved by our Board of Directors.
3. Public Issue expenses
The expenses of this Issue include, among others, underwriting and management fees, selling commission,
printing and distribution expenses, legal fees, advertising expenses and listing fees. The estimated Issue expenses
are as follows:
Activity Expenses* % of % of Issue
(Rs. Lacs.) Issue Size expenses
Lead management, underwriting and selling commission [•] [•] [•]
Advertisement and marketing expenses [•] [•] [•]
Printing and stationery
(including expenses on transportation of the material)
[•] [•] [•]
Others (Registrar’s fees, legal fees, listing fees, etc.) [•] [•] [•]
Total [•] [•] [•]
* Will be incorporated after finalization of the Issue Price
Details of Means of Finance
1. Term Loan
The project is to be part financed by way of Rupee Term Loan aggregating Rs. 31,800 Lacs and the same has been
sanctioned by the following consortium of bankers as detailed below vide a joint Term loan agreement dated
October 16, 2007 :
Sr. No Name of the lender Sanction Letter Date Amount of
sanction
(Rs. In Lacs)
61