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

OUR BUSINESS
Sejal Architectural Glass Limited, was incorporated as private limited in the year 1998 and its
constitution was changed to a public limited company in March 08, 1999. Promoted by the
members of the Gada family, our company is in the business of processing glass. We have
processing facilities for Insulating, Toughened, laminated glasses and for Decorative Glass as
well. Our Company’s existing plant is located at Plot No 259/10/1, Village Dadra, Union
Territory of Dadra, Nagar Haveli, District Silvassa.
Our Company started its commercial operations in the year 2000-01 by setting up a processing
facility for insulating glass . As a step forward, we started another process for toughened glass
in the year 2001. Since then, our company has expanded its operations by adding an automated
lamination line in January 2007. We have broadened our scope of business activities by
processing various value added glass for exterior and interior applications, including decorative
glass.
Our Company has already acquired specific skills and knowledge on the processing and
marketing of the glass and now as a step towards backward integration, we propose to set up a
new manufacturing facility for float glass with a capacity of 2,00,750 MT per annum at
Jhagadia, Dist. Bharuch, Gujarat. We have already acquired 6,08,540 sq. mts of land for this
backward integration project and L&T has been appointed as the contractor for executing the
construction and civil works.
The turnover of our company in the year 2000-01 was Rs. 408.25 Lacs with the PAT of Rs. 48.24
Lacs. During the year 2006-2007 our turnover has increased to Rs. 3824.04 Lacs and PAT has
increased to Rs.277.46 Lacs. Our key clients consists of Reliance, K. Raheja, SP Fabricators,
L&T, to name a few. Our glass has been used in structures such as Inorbit Mall, Sun Pharma,
Mumbai and Baroda, K. Raheja IT Park, Hyderabad, Bangalore International Airport, Mumbai
Airport, Domestic terminal.
Our Company also operates its trading division from its premises named ‘Sejal Encasa’, which is
located at Kandivali, Mumbai. This division trades in various in-house brands as well as other
manufacturers products. The products traded include tiles, sanitaryware, mirrors, glass, etc.
for home and commercial interiors.
Brief Details about the Project
For details about the Project, please refer section titled ‘Objects of the Issue’ beginning from
page [•] of this Draft Red Herring Prospectus.
Our Competitive Strengths
We believe that the following are our competitive strengths:
1. Ability to devise glass solutions
Our promoters have more than a decade experience in the glass industry. Mr. Amrut S. Gada,
along with his technical team has developed competence to conceptualise the needs of the
customers and accordingly devise solutions for them. With this ability, we add value to our
products specified by our customers, and develop solutions for them with the shortest possible
lead time. This helps us in building a strong and continuous relationship with our customers,
strengthening our market position. We have been growing with a vision of devising complete
architectural glass solutions for our customers.
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