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

ii. Lowest – Haldyn Glass Gujarat 5.60
iii. Average 25.60
Source: Capital Market, Volume XXII/18, November 05 – November 18, 2007
3. Return on Net Worth
Particulars RONW (%) Weights
2004-2005 35.13 1
2005-2006 25.12 2
2006-2007 20.56 3
Weighted Average RONW 24.51
4. Minimum Return on Net Worth needed after the Issue to maintain pre-Issue EPS of Rs.3.11 is [●]%
5. Net Asset Value (Rs.)
a) As on March 31, 2007 13.00
b) After Issue [●]
c) Issue Price [●]
NAV has been calculated as per the following formula: (Equity shareholders’ funds)/ (Total number of Equity
Shares outstanding at the end of the period)
6. Comparison of Accounting Ratios with Peer Group Companies
Particulars
EPS (Rs.) RONW (%) NAV (Rs.)
Asahi India Limited 2.10 13.10 17.60
SAGL- 2006-2007 3.11 20.56 13.00
Source: Capital Market, Volume XXII/18, November 05 – November 18, 2007
7. The face value of our shares is Rs.10/- per share and the Issue Price of Rs. [●]/- is [●] times of the face value
of our Equity Shares. The final price would be determined on the basis of the demand from the investors.
8. The Book Running Lead Manager believes that the Issue Price of Rs. [●]/- per share is justified in view of the
above qualitative and quantitative parameters. The investors may also want to peruse the risk factors and
our financials as set out in the Auditors Report in the Draft Red Herring Prospectus to have a more informed
view about the investment proposition.
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