sejal architectural glass limited - Securities and Exchange Board of ...
sejal architectural glass limited - Securities and Exchange Board of ...
sejal architectural glass limited - Securities and Exchange Board of ...
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Our main promoter Mr. Amrut S. Gada, had the vision <strong>of</strong> setting up a <strong>glass</strong> processing <strong>and</strong> manufacturing<br />
facility with thrust on the quality <strong>and</strong> it is due to continuous support by our promoter group, along with the<br />
Key Managerial Personnel, that we have been able to establish a br<strong>and</strong> in the market.<br />
We consider our human capital as one <strong>of</strong> our key strengths. We have developed a pr<strong>of</strong>essional, talented <strong>and</strong><br />
dedicated pool <strong>of</strong> trained employees, who have the required skill sets <strong>and</strong> ability to manage our Company’s<br />
operations.<br />
6. Strategic Location <strong>of</strong> the proposed project<br />
Our proposed project for the float <strong>glass</strong> is located at Jhagadia, Dist. Bharuch, Gujarat, which is ~8 Kms from<br />
NH-8 <strong>and</strong> has all the necessary infrastructure facilities required for the plant. The site is also well connected<br />
to the railway station.<br />
Moreover, our existing manufacturing facility at Silvassa, is within 200 kms from our proposed backward<br />
integration project at Bharuch, ensuring logistical benefits <strong>and</strong> cost savings. Both the locations enjoy easy<br />
availability to required raw materials <strong>and</strong> skilled labour.<br />
7. Established customer base<br />
We have been in the business <strong>of</strong> providing customized <strong>architectural</strong> <strong>glass</strong> solutions to our customers. Through<br />
our product differentiation, we try to provide goods as per the specifications provided by our customers. We<br />
involve our customers in most <strong>of</strong> the processes including our quality improvement process. Due to this we<br />
enjoy repeated orders <strong>and</strong> also have <strong>and</strong> an established customer base.<br />
8. Dedicated focus on <strong>architectural</strong> industry<br />
As per the industry sources, the rise in automobile <strong>glass</strong> sector has been phenomenal, but, the dem<strong>and</strong> in the<br />
automobile <strong>glass</strong> industry is just one aspect. We believe the other growth story for the <strong>glass</strong> industry is<br />
through <strong>architectural</strong> <strong>glass</strong> used in construction industry.<br />
Foreseeing the dem<strong>and</strong> for <strong>architectural</strong> <strong>glass</strong> <strong>and</strong> the increasing trend <strong>of</strong> using high performance <strong>glass</strong> in<br />
<strong>architectural</strong> industry, we have state <strong>of</strong> art processing equipments for h<strong>and</strong>ling the latest generation, high<br />
performance <strong>and</strong> spectrally selective <strong>glass</strong>es. With this our Company is in an advantageous position to<br />
become the preferred supplier in this industry.<br />
Quantitative Factors<br />
1. Adjusted Earnings Per Share<br />
Particulars<br />
EPS based on the Restated<br />
Financials Statements (Rs.) Weights<br />
2004-2005 3.33 1<br />
2005-2006 2.88 2<br />
2006-2007 3.11 3<br />
Weighted Average EPS 3.07<br />
2. Price/Earning Ratio (P/E) in relation to Issue Price <strong>of</strong> Rs. [●]/- per share<br />
� Based on March 31, 2007 EPS <strong>of</strong> Rs. 3.11 [●]<br />
� Based on weighted average EPS <strong>of</strong> Rs. 3.07 [●]<br />
Industry P/E: Glass Industry<br />
i. Highest – Binani Industries 42.40<br />
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