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

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

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SHAREHOLDING Sl. No. Name of Shareholder No. of Shares held %age Shareholding 1. Mr. Ajay Kumar Swarup 25,510 51.02 2. Mr. Shekhar Swarup 24,430 48.86 3. Mr. Madhav Kumar Swarup 10 0.02 4. Mrs. Saroj Rani Swarup 10 0.02 5. Mrs. Madhavi Swarup 10 0.02 6. Mr. Sharan Singh 10 0.02 7. Mr. Sukhmal Chand Jain 10 0.02 8. Mr. Suhas Vasant Joshi 10 0.02 TOTAL 50,000 100.00 The financial highlights for the last 5 years are given below: (Rs. in lakhs) Year Ended March 31 2008-09 2007-08 2006-07 2005-06 2004-05 (Audited) (Audited) (Audited) (Audited) (Audited) Total Income 7.35 14.12 11.45 2.77 Nil Profit after tax (PAT) (1.09) (1.39) (0.74) (0.24) Nil Share Capital (1) 5.00 5.00 5.00 5.00 5.00 Reserves (excluding revaluation Nil Nil Nil Nil Nil reserve) Earnings per share (EPS) (Rs.) Nil Nil Nil Nil Nil Net Asset Value (NAV) per share (1.86) (2.18) (2.04) 9.18 9.66 (Rs.) Networth (0.93) (1.09) (1.02) 4.59 4.83 Source: Audited Financial Statements Notes: 1. Face value of each equity share is Rs.10/-. 2. For the calculation of Earnings Per Share and Net Asset Value per share, number of equity shares outstanding at the end of the year has been considered. 3. Networth means aggregate of value of the paid-up share capital and free reserves (excluding revaluation reserves) reduced by the aggregate value of accumulated losses and deferred expenditure not written off (including miscellaneous expenses not written off) as per the audited balance sheet. Mr. Ajay Kumar Swarup together with Mrs. Madhavi Swarup, Mr. Madhav Kumar Swarup, Mrs. Saroj Rani Swarup and Mr. Sekhar Swarup (Son of Mr. Ajay Swarup) holds 99.94% shares in the company’s equity. Share Quotation The Company is not listed in any Stock Exchange. The Company has not come out with any Public or Rights Issue since inception. There are no defaults in meeting any statutory/bank/institutional dues. No proceedings have been initiated for economic offences against the Company and it is not a sick Company within the meaning of Sick Industrial Companies (Special Provisions) Act, 1985. 7. VITTHAL PROPERTIES PRIVATE LIMITED The Company has been promoted by Mr. Ajay Kumar Swarup. 181

The Company was incorporated on January 11, 1988 with the Registrar of Companies, Delhi & Haryana, as a private limited company, with its registered office at 51-A, Friends Colony (East), New Delhi-110065. The main objects is to carry on business of real estate, leasing, selling, purchasing etc of properties. BOARD OF DIRECTORS Mr. Madhav Kumar Swarup Mrs. Madhavi Swarup SHAREHOLDING Sl. No. Name of Shareholder No. of Shares held %age Shareholding 1. Mrs. Madhavi Swarup 1,86,778 72.53 2. Mrs. Saroj Rani Swarup 70,722 27.47 TOTAL 2,57,500 100.00 The financial highlights for the last 5 years are given below: (Rs. in lakhs) 2008-09 2007-08 2006-07 2005-06 2004-05 Year Ended March 31 (Audited) (Audited) (Audited) (Audited) (Audited) Total Income - 1.23 0.94 1.08 0.98 Profit after tax (PAT) (1.14) (0.03) (0.14) (0.02) (0.23) Share Capital (1) 25.75 25.75 25.75 25.75 25.75 Reserves 1.00 1.00 1.00 1.00 1.00 (excluding revaluation reserve) Earnings per share (EPS) (Rs.) Nil Nil Nil Nil Nil Net Asset Value (NAV) per share (Rs.) 9.32 9.76 9.77 9.82 9.82 Networth 24.00 25.13 25.15 25.28 25.28 Source: Audited Financial Statements Notes: 1. Face value of each equity share is Rs.10/-. 2. For the calculation of Earnings Per Share and Net Asset Value per share, number of equity shares outstanding at the end of the year has been considered. 3. Networth means aggregate of value of the paid-up share capital and free reserves (excluding revaluation reserves) reduced by the aggregate value of accumulated losses and deferred expenditure not written off (including miscellaneous expenses not written off) as per the audited balance sheet. Mrs Madhavi Swarup (Wife of Mr. Ajay Swarup) and Mrs. Saroj Rani Swarup (Mother of Mr. Ajay Swarup) together hold 100% shares in the company’s equity. Share Quotation The Company is not listed in any Stock Exchange. The Company has not come out with any Public or Rights Issue since inception. There are no defaults in meeting any statutory/bank/institutional dues. No proceedings have been initiated for economic offences against the Company and it is not a sick Company within the meaning of Sick Industrial Companies (Special Provisions) Act, 1985. 8. JARODA PLANTATIONS PRIVATE LIMITED Mr. Ajay Kumar Swarup is the promoter of the Company. The Company was incorporated on February 2, 1996 with the Registrar of Companies, Delhi & Haryana, as a private limited company, with its registered office at C-631, New Friends Colony, New Delhi-110065. The main objects are to carry on the business of floriculture, 182

The Company was incorporated on January 11, 1988 with the Registrar of Companies, Delhi<br />

& Haryana, as a private limited company, with its registered office at 51-A, Friends Colony<br />

(East), New Delhi-110065. The main objects is to carry on business of real estate, leasing,<br />

selling, purchasing etc of properties.<br />

BOARD OF DIRECTORS<br />

Mr. Madhav Kumar Swarup<br />

Mrs. Madhavi Swarup<br />

SHAREHOLDING<br />

Sl.<br />

No.<br />

Name of Shareholder No. of Shares held %age<br />

Shareholding<br />

1.<br />

Mrs. Madhavi Swarup 1,86,778 72.53<br />

2.<br />

Mrs. Saroj Rani Swarup 70,722 27.47<br />

TOTAL 2,57,500 100.00<br />

The financial highlights for the last 5 years are given below:<br />

(Rs. in lakhs)<br />

2008-09 2007-08 2006-07 2005-06 2004-05<br />

Year Ended March 31<br />

(Audited) (Audited) (Audited) (Audited) (Audited)<br />

Total Income - 1.23 0.94 1.08 0.98<br />

Profit after tax (PAT) (1.14) (0.03) (0.14) (0.02) (0.23)<br />

Share Capital (1) 25.75 25.75 25.75 25.75 25.75<br />

Reserves<br />

1.00 1.00 1.00 1.00 1.00<br />

(excluding revaluation reserve)<br />

Earnings per share (EPS) (Rs.) Nil Nil Nil Nil Nil<br />

Net Asset Value (NAV) per share (Rs.) 9.32 9.76 9.77 9.82 9.82<br />

Networth <strong>24</strong>.00 25.13 25.15 25.28 25.28<br />

Source: Audited Financial Statements<br />

Notes:<br />

1. Face value of each equity share is Rs.10/-.<br />

2. For the calculation of Earnings Per Share and Net Asset Value per share, number of<br />

equity shares outstanding at the end of the year has been considered.<br />

3. Networth means aggregate of value of the paid-up share capital and free reserves<br />

(excluding revaluation reserves) reduced by the aggregate value of accumulated<br />

losses and deferred expenditure not written off (including miscellaneous expenses not<br />

written off) as per the audited balance sheet.<br />

Mrs Madhavi Swarup (Wife of Mr. Ajay Swarup) and Mrs. Saroj Rani Swarup (Mother of Mr.<br />

Ajay Swarup) together hold 100% shares in the company’s equity.<br />

Share Quotation<br />

The Company is not listed in any Stock Exchange. The Company has not come out with any<br />

Public or Rights Issue since inception.<br />

There are no defaults in meeting any statutory/bank/institutional dues. No proceedings have<br />

been initiated for economic offences against the Company and it is not a sick Company<br />

within the meaning of Sick Industrial Companies (Special Provisions) Act, 1985.<br />

8. JARODA PLANTATIONS PRIVATE LIMITED<br />

Mr. Ajay Kumar Swarup is the promoter of the Company.<br />

The Company was incorporated on February 2, 1996 with the Registrar of Companies, Delhi<br />

& Haryana, as a private limited company, with its registered office at C-631, New Friends<br />

Colony, New Delhi-110065. The main objects are to carry on the business of floriculture,<br />

182

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