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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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. 12. SIDHI ESTATES PRIVATE LIMITED Mr. Ajay Kumar Swarup is the promoter of the Company. 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 are to carry on business of Real Estate, leasing, selling, purchasing etc of immovable properties. BOARD OF DIRECTORS Mrs. Madhavi Swarup Mr. Madhav Kumar Swarup SHAREHOLDING Sl.No. Name of Shareholder No. of Shares held %age Shareholding 1. Mrs. Madhavi Swarup 1,35,956 71.55 2. Mrs. Saroj Rani Swarup 54,044 28.44 TOTAL 1,90,000 100.00 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 - 0.98 0.75 0.86 0.77 Profit after tax (PAT) (0.94) (0.04) (0.13) (0.03) (0.20) Share Capital (1) 19.00 19.00 19.00 19.00 19.00 Reserves 2.30 2.30 2.30 2.30 2.30 (excluding revaluation reserve) Earnings per share (EPS) (Rs.) Nil Nil Nil Nil Nil Net Asset Value (NAV) per share 9.84 10.33 10.34 10.40 10.41 (Rs.) Net worth 18.69 19.62 19.65 19.77 19.78 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. 187

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. 13. RIDHI ESTATES PRIVATE LIMITED Mr. Ajay Kumar Swarup is the promoter of the Company. 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 business is to carry on business of Real Estate, leasing, selling, purchasing etc of immovable properties. BOARD OF DIRECTORS Mrs. Madhavi Swarup Mr. Madhav Kumar Swarup SHAREHOLDING Sl. Name of Shareholder No. of Shares held %age Shareholding No. 1. Mrs. Madhavi Swarup 1,78,240 72.02 2. Mrs. Saroj Rani Swarup 69,260 27.99 TOTAL 2,47,500 100.00 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 - 1.08 0.82 0.95 0.85 Profit after tax (PAT) (1.02) (0.04) (0.12) (0.03) (0.23) Share Capital (1) 24.75 24.75 24.75 24.75 24.75 Reserves (excluding revaluation 0.56 0.56 0.56 0.56 0.56 reserve) Earnings per share (EPS) (Rs.) Nil Nil Nil Nil Nil Net Asset Value (NAV) per share 9.18 9.59 9.60 9.64 9.65 (Rs.) Networth 22.73 23.73 23.76 23.87 23.88 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. 188

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<br />

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

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

13. RIDHI ESTATES PRIVATE LIMITED<br />

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

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

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

Colony (East), New Delhi-110065. The main business is to carry on business of Real Estate,<br />

leasing, selling, purchasing etc of immovable properties.<br />

BOARD OF DIRECTORS<br />

Mrs. Madhavi Swarup<br />

Mr. Madhav Kumar Swarup<br />

SHAREHOLDING<br />

Sl. Name of Shareholder<br />

No. of Shares held<br />

%age<br />

Shareholding<br />

No.<br />

1.<br />

Mrs. Madhavi Swarup 1,78,<strong>24</strong>0 72.02<br />

2.<br />

Mrs. Saroj Rani Swarup 69,260 27.99<br />

TOTAL 2,47,500 100.00<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 - 1.08 0.82 0.95 0.85<br />

Profit after tax (PAT) (1.02) (0.04) (0.12) (0.03) (0.23)<br />

Share Capital (1) <strong>24</strong>.75 <strong>24</strong>.75 <strong>24</strong>.75 <strong>24</strong>.75 <strong>24</strong>.75<br />

Reserves (excluding revaluation 0.56 0.56 0.56 0.56 0.56<br />

reserve)<br />

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

Net Asset Value (NAV) per share 9.18 9.59 9.60 9.64 9.65<br />

(Rs.)<br />

Networth 22.73 23.73 23.76 23.87 23.88<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 />

188

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