RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits
RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits
FLOW CHART OF FINISHING GOODS Rectified Spirit (Strength-94-95% v/v) Redistilled in Extra Neutral Alcohol Plant (Total Deooxidice Copper plant) Reduced with Demineralized Water Denatured with Denaturent ENA ( Extra Neutral Alcohol) -95 to 96% v/v Blending with Color & Essences for C&L Denatured Spirit/Special Denatured Spirit (Not for Human Consumption) Reduced with D.M.Water Blending with Color & Essence / Malt Spirit etc.(for IMFL) Bottling (Procedure) Empty Bottle Washing /Rinsing Filterisation (Liquor) Bottle Filling Sealing Labeling Packing (Finished Goods) Remarksemi-automatic complete bottling conveyors. 87
INFRASTRUCTURE FACILITIES I. RAW MATERIALS India is the largest producer of sugarcane in the world and sugar industry is the second largest agro-based industry of our country, textiles industry being the largest. Production of molasses has increased from 0.4 million tonnes in 1950-51 to 8.29 million tonnes in 1995- 96. The Government has already decontrolled the prices and movement of molasses. (Source: Appraisal Report of SBI dated September 5, 2008) A. MOLASSES Molasses, which is the by-product of sugar industry, is one of the major raw materials for manufacture of alcohol. The Company is situated in the neighbourhood of fertile sugar belt where availability of molasses is plenty. The requirement of raw materials for the Company was/is as follows: Molasses usage Grain usage & requirement & requirement Year 2004-05 2.00 lakh quintals 2.12 lakh quintals Year 2005-06 1.86 lakh quintals 3.05 lakh quintals Year 2006-07 3.35 lakh quintals 3.48 lakh quintals Year 2007-08 3.19 lakh quintals 3.36 lakh quintals Year 2008-09 1.70 lakh quintals 4.60 lakh quintals The Molasses are procured directly from the neighbouring Sugar mills, and also through dealers at competitive prices. The Molasses’ market is expected to remain, more or less, stagnant during the year, with full availability of the same. No shortage in supply is envisaged. The Company expects the prices to be at its lowest during the months when the stocks of molasses is usually high (when the Sugar mills are high in capacity of molasses and are in the process of disposing off the same on account of lack of storage capacity). The major suppliers of Molasses during the year ended March 31, 2009 are as under: Sl. NAME Purchase % of No. (Rs. In Total lakhs) Purchase of Molasses 1 Sonepat Cooperative Sugar Mills Ltd., Sonepat, 184.47 29.35 Haryana 2 Choudhury Devilal Cooperative Sugar Mills Ltd., 150.17 23.90 Gohana 3 Meham Co op Sugar Mills Ltd., Meham 139.67 22.23 4 The Haryana Cooperative Sugar Mills Ltd., Rohtak, 84.53 13.45 Haryana 5 The Shahbad Cooperative Sugar Mills Ltd., Shahbad 59.97 9.54 Haryana 6 Om Shiv Sheera Supply, M Nagar 7.73 1.23 7 Goyal Trading, M. Nagar 1.89 0.30 B. GRAIN The Company’s facilities produce Alcohol from both molasses and grain. Grain primarily comprises broken rice, ground wheat flour (atta), jowar, bajra etc. As regards Grain, the Company procures its Grain requirement from Delhi’s wholesale Grain market. Grain is procured through dealers/stockists in Delhi. The Company expects no shortage and full availability of grain throughout the coming years. The price-trend of the grain is also expected to remain stagnant throughout the year, and no volatility is expected. 88
- 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 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
FLOW CHART OF FINISHING GOODS<br />
Rectified Spirit<br />
(Strength-94-95% v/v)<br />
Redistilled in Extra Neutral<br />
Alcohol Plant (Total<br />
Deooxidice Copper plant)<br />
Reduced with<br />
Demineralized<br />
Water<br />
Denatured with<br />
Denaturent<br />
ENA ( Extra Neutral<br />
Alcohol) -95 to 96% v/v<br />
Blending with<br />
Color & Essences<br />
for C&L<br />
Denatured Spirit/Special<br />
Denatured Spirit (Not for<br />
Human Consumption)<br />
Reduced with D.M.Water<br />
Blending with Color & Essence /<br />
Malt Spirit etc.(for IMFL)<br />
Bottling<br />
(Procedure)<br />
Empty Bottle<br />
Washing /Rinsing<br />
Filterisation<br />
(Liquor)<br />
Bottle Filling<br />
Sealing<br />
Labeling<br />
Packing<br />
(Finished Goods)<br />
Remarksemi-automatic<br />
complete bottling conveyors.<br />
87