RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits

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Abbreviations Abbreviation AGM AS ASBA Asst. AY BIFR Bn CAGR CCPS CDSL CFO CIN CLB CRM CST Delhi High Court DIP Guidelines DP Dy. EBIT EBITDA ECB ECS EGM EPS ESI ETP FCNR Account FDI FEMA FI FII FIPB FY GAAP GIR GoI HNI HUF OBC ICAI IEC IPO I T Act LC LIBOR MOU Mn N.A. NAV NCT NEFT NOC Full Form Annual General Meeting Accounting Standards as issued by the Institute of Chartered Accountants of India Application Supported by Blocked Amount Assistant Assessment Year Board of Industrial and Financial Reconstruction Billion Compound Annual Growth Rate Convertible Cumulative Preference Shares Central Depository Services (India) Limited Chief Financial Officer Corporate Identification Number Company Law Board Centre De Recherché Metallurgiques, Belgium Central Sales Tax High Court of Judicature at Delhi SEBI (Disclosure & Investor Protection) Guidelines, 2000, as amended Depository Participant Deputy Earnings before Interest and Tax. Earnings before Interest, Tax, depreciation and amortization. External Commercial Borrowing Electronic Clearing Service Extraordinary General Meeting Earnings Per Share Employee State Insurance Effluent Treatment Plant Foreign Currency Non Resident Account Foreign Direct Investment The Foreign Exchange Management Act, 1999, as amended from time to time, and the regulations framed thereunder. Financial Institution Foreign Institutional Investor (as defined under SEBI (Foreign Institutional Investors) Regulations, 1995), registered with SEBI under applicable laws in India. Foreign Investment Promotion Board Financial year/ Fiscal year Generally Accepted Accounting Principles General Index Registry Number Government of India High Networth Individual Hindu Undivided Family Oriental Bank of Commerce The Institute of Chartered Accountants of India Importer Exporter Code Initial Public Issue The Income Tax Act, 1961, as amended Letters of credit London Interbank Offered Rate Memorandum of Understanding Million Not Applicable Net Asset Value National Capital Territory National Electronic Funds Transfer No Objection Certificate vii
NRE Account Non Resident External Account NRI Non-Resident Indian, as defined under Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000, as amended. NRO Account Non Resident Ordinary Account NSDL National Securities Depository Limited P.A./p.a./pa Per annum P/E Ratio Price/Earnings Ratio PAN Permanent Account Number PAT Profit after Tax PBDT Profit Before Depreciation and Tax PBIDT Profit Before Interest, Depreciation and Tax PBT Profit Before Tax PF Provident Fund PLR Prime Lending Rate PNB Punjab National Bank PSU Public Sector Undertaking RBI The Reserve Bank of India ROC Registrar of Companies, Delhi & Haryana, IFCI Tower, 4 th Floor, 61, Nehru Place, New Delhi 110 019 RoNW Return on Net Worth Rs./ Rupees/INR Indian Rupees RTGS Real Time Gross Settlement SBI State Bank of India SCSB Self Certified Syndicate Bank SCRA Securities Contracts (Regulation) Act, 1956 as amended SCRR Securities Contracts (Regulation) Rules, 1957, as amended from time to time SEBI Securities and Exchange Board of India constituted under the SEBI Act SEBI Act Securities and Exchange Board of India Act, 1992, as amended from time to time. SEBI Guidelines SEBI (Disclosure and Investor Protection) Guidelines, 2000 issued by SEBI, as amended, including instructions and clarifications issued by SEBI from time to time SEBI Takeover Regulations Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 1997, as amended SWOT Strengths Weaknesses Opportunities and Threats TAN Tax Account Number UIN Unique Identification Number USD/US$/$ United States Dollar WTD Whole time Director WDV Written Down Value viii
Page 1 and 2: RED HERRING PROSPECTUS Please read
Page 3 and 4: TABLE OF CONTENTS SECTION TITLE PAG
Page 5 and 6: Chatrath & Co., Chartered Accountan
Page 7 and 8: Margin Amount Memorandum of Associa
Page 9: Company/Industry Related Terms/Tech
Page 13 and 14: • Company’s ability to successf
Page 15 and 16: The Company constantly endeavours t
Page 17 and 18: The Company has reported a net nega
Page 19 and 20: the Excise and liquor sourcing poli
Page 21 and 22: Writ Petitions related to notificat
Page 23 and 24: Northern India Alcohol Sales Pvt. L
Page 25 and 26: 8. Dependence on agri products Mana
Page 27 and 28: l. In addition to the BRLMs, the Co
Page 29 and 30: enforced prohibition in 1996, but h
Page 31 and 32: THE ISSUE Equity Shares offered: Fr
Page 33 and 34: Particulars As on 31.03.2005 31.03.
Page 35 and 36: Particulars For the Year/Period End
Page 37 and 38: BOARD OF DIRECTORS Name of the Dire
Page 39 and 40: Jawahar Vyapar Bhawan, 14th Floor 1
Page 41 and 42: STATEMENT OF INTER SE ALLOCATION OF
Page 43 and 44: The grading is however, constrained
Page 45 and 46: Industry Outlook & Prospects The do
Page 47 and 48: on a proportionate basis. For furth
Page 49 and 50: CAPITAL STRUCTURE OF THE COMPANY Sh
Page 51 and 52: others # 17.4.1995 $ 2,11,640 10 47
Page 53 and 54: 1.11.1994 Acquisition 18,75,000 10
Page 55 and 56: Category Code Category of Sharehold
Page 57 and 58: 8. Mr. Ashok Kumar 33 0.0003 9. Mr.
Page 59 and 60: OBJECTS OF THE ISSUE The Company pr
Page 61 and 62:
In case of variations in the actual
Page 63 and 64:
1. Plant and Machinery for 35 KLPD
Page 65 and 66:
Taxes & Duties 127.00 Total 918.00
Page 67 and 68:
Franchise Fees - - - 4.00 Bond Fees
Page 69 and 70:
Mass Media options: • Hoardings 3
Page 71 and 72:
Alcobrew has vide its letter dated
Page 73 and 74:
K GENERAL CORPORATE PURPOSES: The l
Page 75 and 76:
FUNDS DEPLOYED As per the certifica
Page 77 and 78:
Terms of Payment Margin Amount empl
Page 79 and 80:
BASIS FOR ISSUE PRICE The Issue Pri
Page 81 and 82:
Note: The average return on net wor
Page 83 and 84:
STATEMENT OF TAX BENEFITS TAX BENEF
Page 85 and 86:
According to section 10(38) of the
Page 87 and 88:
As per the provisions of Section 11
Page 89 and 90:
Tax. However, the aforesaid income
Page 91 and 92:
SECTION IV: ABOUT THE ISSUER COMPAN
Page 93 and 94:
In India alcohol is largely produce
Page 95 and 96:
Government Policy & Regulations The
Page 97 and 98:
• Scotch rose by 7.0%. Scotch bra
Page 99 and 100:
substantial market share to India s
Page 101 and 102:
As the Company is increasing its In
Page 103 and 104:
Higher level of instrumentation has
Page 105 and 106:
II. ORDERS ALREADY PLACED: Sl. No 1
Page 107 and 108:
Engineering, Plot No. 65, Bhagwati
Page 109 and 110:
2 nd Stage (Bio-composting) The was
Page 111 and 112:
converts the slurry into a hydrated
Page 114 and 115:
FLOW CHART OF FINISHING GOODS Recti
Page 116 and 117:
The availability of grain particula
Page 118 and 119:
Domestic - 10 KL Per Day TOTAL - 14
Page 120 and 121:
Power Generation Present Requiremen
Page 122 and 123:
The Spent Wash generated from disti
Page 124 and 125:
• White Lace Duet Gin GR 8 Times
Page 126 and 127:
Indian IMFL Industry has undergone
Page 128 and 129:
Certificate dated 23 rd January 200
Page 130 and 131:
6. Manufacturing Agreement Parties:
Page 132 and 133:
its distinct identity in the Countr
Page 134 and 135:
PROPERTY A. Properties owned by the
Page 136 and 137:
Date of Agreement: 25.3.1995 vide D
Page 138 and 139:
Date of Agreement: 12.1.1995 vide D
Page 140 and 141:
27. M/s Globus Agronics Limited Dat
Page 142 and 143:
Parties Sub-Lessor Associated Disti
Page 144 and 145:
Class 33 (Thirty Three) Applicant G
Page 146 and 147:
Sr. No Mark Registration Number Cla
Page 148 and 149:
BRIEF HISTORY AND OTHER CORPORATE M
Page 150 and 151:
22.08.1995 • Change in Authorised
Page 152 and 153:
DIN: 00769308 01.08.2009) Term: 3 y
Page 154 and 155:
Limited in 1983 and later promoted
Page 156 and 157:
Industrial Engineer where he was re
Page 158 and 159:
If at any time the director ceases
Page 160 and 161:
CORPORATE GOVERNANCE CORPORATE GOVE
Page 162 and 163:
1. To scrutinize the Share transfer
Page 164 and 165:
Further, the Directors are also int
Page 166 and 167:
Chart 1: BEHROR UNIT, RAJASTHAN 139
Page 168 and 169:
141
Page 170 and 171:
joined Radico Khaitan Limited in 19
Page 172 and 173:
PROMOTERS Mr. Ajay Kumar Swarup and
Page 174 and 175:
Sl. No. Name of Shareholder No. of
Page 176 and 177:
Related Party Transactions For deta
Page 178 and 179:
estatements and regroupings as cons
Page 180 and 181:
ANNEXURE-II STATEMENT OF PROFIT & L
Page 182 and 183:
At each balance sheet an assessment
Page 184 and 185:
Particulars Key Management Personal
Page 186 and 187:
Particulars Associates Key Manageme
Page 188 and 189:
ENA BL 44.93 1477.37 14.06 1080.81
Page 190 and 191:
AS ON PARTICULARS 31-Mar-05 31-Mar-
Page 192 and 193:
guaranteed by Sh. Madhav K. Swarup
Page 194 and 195:
ANNEXURE-XI STATEMENT OF CURRENT LI
Page 196 and 197:
Note: ** Information pertaining to
Page 198 and 199:
EXISTING BORROWING FACILITIES The C
Page 200 and 201:
Prepayment Charges: 2% of the Prepa
Page 202 and 203:
losses and deferred expenditure not
Page 204 and 205:
There are no defaults in meeting an
Page 206 and 207:
3. Networth means aggregate of valu
Page 208 and 209:
SHAREHOLDING Sl. No. Name of Shareh
Page 210 and 211:
horticulture and agriculture in all
Page 212 and 213:
There are no defaults in meeting an
Page 214 and 215:
Ajay Swarup) together hold 100% sha
Page 216 and 217:
3. Networth means aggregate of valu
Page 218 and 219:
MANAGEMENT’S DISCUSSION AND ANALY
Page 220 and 221:
Interest & Finance Charge 40.29 53.
Page 222 and 223:
Interest and Finance Expenses The i
Page 224 and 225:
Similarly, for consumers like fuel
Page 226 and 227:
(b). Recovery Suits 1. Globus Agron
Page 228 and 229:
SB. Civil Writ Petition No. 3454 of
Page 230 and 231:
ecovery of the amount of cess payab
Page 232 and 233:
New-Delhi. which on account of any
Page 234 and 235:
(Prevention & Control of Pollution)
Page 236 and 237:
Whisky (Own Brand) and Country Liqu
Page 238 and 239:
Transformer and 11 KV Line Validity
Page 240 and 241:
Valid until cancelled. Government o
Page 242 and 243:
4 - Distributable profits have been
Page 244 and 245:
The filing of the Red Herring Prosp
Page 246 and 247:
person consequent to or in connecti
Page 248 and 249:
Others The total fees payable to th
Page 250 and 251:
The auditors of the Company are app
Page 252 and 253:
• Right to receive surplus on liq
Page 254 and 255:
Application by Eligible NRIs/FIIs r
Page 256 and 257:
Market Lot Share Who can apply ** E
Page 258 and 259:
ISSUE PROCEDURE Principal Terms And
Page 260 and 261:
one Bid in the ASBA Bid cum Applica
Page 262 and 263:
exchange in India only in favour of
Page 264 and 265:
Bidders are advised to ensure that
Page 266 and 267:
2. In accordance with the SEBI guid
Page 268 and 269:
The Bidders may note that the Escro
Page 270 and 271:
) The book gets built up at various
Page 272 and 273:
Filing of the Red Herring Prospectu
Page 274 and 275:
c. Do not Bid on another Bid-cum-Ap
Page 276 and 277:
The Company in its absolute discret
Page 278 and 279:
In case of Bids made by Insurance C
Page 280 and 281:
c) In case of Resident QIB Bidders:
Page 282 and 283:
application received and a photo ma
Page 284 and 285:
Herring Prospectus and as per the i
Page 286 and 287:
have submitted Bids at or above the
Page 288 and 289:
EQUITY SHARES IN DEMATERIALIZED FOR
Page 290 and 291:
the disclosed manner and/ or demat
Page 292 and 293:
The Company will provide adequate f
Page 294 and 295:
Our Company, in consultation with t
Page 296 and 297:
• The BRLMs shall ensure that ade
Page 298 and 299:
eceived the ASBA in a physical or e
Page 300 and 301:
ank account and not to the Bankers
Page 302 and 303:
In case of ASBA Bids made pursuant
Page 304 and 305:
SECTION IX MAIN PROVISIONS OF THE A
Page 306 and 307:
CAPITAL AND INCREASE AND REDUCTION
Page 308 and 309:
to accept the shares offered, the B
Page 310 and 311:
in lieu thereof, to the satisfactio
Page 312 and 313:
30. A call may be revoked or postpo
Page 314 and 315:
46. The Board may, at anytime befor
Page 316 and 317:
The Board may, at any time, give no
Page 318 and 319:
10. The Register and Index of benef
Page 320 and 321:
that in the case of an Annual Gener
Page 322 and 323:
committee or other legal guardian;
Page 324 and 325:
DIRECTORS (8) The book containing t
Page 326 and 327:
notwithstanding fixed by the Articl
Page 328 and 329:
(a) a director in such company, and
Page 330 and 331:
the Board may by resolution vest in
Page 332 and 333:
(a) (b) the names of the Directors
Page 334 and 335:
mortgage may contain a power of sal
Page 336 and 337:
(b) The Company shall also be at, l
Page 338 and 339:
174. For the purpose of giving effe
Page 340 and 341:
Register of Members, shall have bee
Page 342 and 343:
Documents for Inspection i) Memoran
Page 344:
DECLARATION All the relevant provis
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RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits

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