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

More documents

Recommendations

Info

In case of discrepancy in the data entered in the electronic book vis-à-vis the data contained in the physical Bid form, for a particular bidder, the details as per physical application form of that Bidder may be taken as the final data for the purpose of allotment. In case of discrepancy in the data entered in the electronic book vis-à-vis the data contained in the physical or electronic Bid cum Application Form submitted through the ASBA process, for a particular ASBA Bidder, the Registrar to the Issue shall ask for rectified data from the SCSB. Due to limitation of time available for uploading the Bids on the Bid/Issue Closing date, the bidders are advised to submit their Bids one day prior to the Bid/Issue Closing Date and, in any case, no later than the times mentioned above on the Bid/Issue Closing Date. All times are Indian Standard Time. Bidders are cautioned that in the event a large number of Bids are received on the Bid/Issue Closing Date, as is typically experienced in pubic offerings, some Bids may not get uploaded due to lack of sufficient time. Such Bids that cannot be uploaded will not be considered for allocation under the Issue. If such Bids are not uploaded, the Issuer, BRLMs and Syndicate members will not be responsible. Bids will be accepted only on Business Days, i.e., Monday to Friday (excluding any public holidays). The Company reserves the right to revise the Price Band during the Bidding Period in accordance with SEBI Guidelines. The cap on the Price Band should not be more than 20% of the floor of the Price Band subject to compliance with the immediately preceding sentence, the floor of the Price Band can move up or down to the extent of 20% of the floor of the Price Band advertised at least one day prior to the Bid/Issue Opening Date. In case of revision in the Price Band, the Issue Period will be extended for three additional days after revision of Price Band subject to the Bidding Period/Issue Period not exceeding 10 working days. Any revision in the Price Band and the revised Bidding Period/Issue Period, if applicable, will be widely disseminated by notification to the BSE and the NSE by issuing a press release, and also by indicating the change on the web sites of the BRLMs and at the terminals of the Syndicate. UNDERWRITERS TO THE ISSUE After the determination of the Issue Price but prior to filing the Prospectus with the RoC, the Company will enter into an Underwriting Agreement with the Underwriters for the Equity Shares proposed to be offered through the Issue. It is proposed that pursuant to the terms of Underwriting Agreement, the BRLMs shall be responsible for bringing in the amount devolved in the event that the Syndicate Members do not fulfil their underwriting obligations. The Underwriters have indicated their intention to underwrite the following number of Equity Shares: (This portion has been intentionally left blank and will be filled in before filing of the Prospectus with the ROC) Name and Address of the Underwriter(s) Date of Agreement Indicate No. of Equity Shares to be Underwritten Amount Underwritten (Rs. in lakhs) [●] [●] [●] [●] The above chart is indicative of the underwriting arrangement and this would be finalized after the pricing and actual allocation. The above Underwriting Agreement is dated [●]. In the opinion of the Board of Directors (based on a certificate given to it by the Underwriters), the resources of all the above mentioned Underwriters are sufficient to enable them to discharge their respective underwriting obligations in full. All the above-mentioned Underwriters are registered with SEBI under Section 12(1) of the Securities and Exchange Board of India Act, 1992 or registered as brokers with the Stock Exchange(s). Allocation among underwriters may not necessarily be in proportion to their underwriting commitments. Notwithstanding the above table, the Underwriters shall be severally responsible for ensuring payment with respect to Equity Shares allocated to investors procured by them. In the event of any default, the respective Underwriter, in addition to other obligations to be defined in the underwriting agreement, will also be required to procure/subscribe to the extent of the defaulted amount. 21
CAPITAL STRUCTURE OF THE COMPANY Share capital as on the date of filing of the Red Herring Prospectus with SEBI (before and after the Issue) is set forth below: (In Rupees, except share data) Particulars Nominal Value Aggregate Value at Issue Price A. Authorised Capital 2,50,00,000 Equity Shares of Rs. 10/- each 25,00,00,000 B. Issued, Subscribed and Paid up Capital before the Issue 1,22,57,741 Equity Shares of Rs. 10/- each fully paid 12,25,77,410 up C. Present Issue to the Public in terms of this Red Herring Prospectus Fresh Issue of: 75,00,000 Equity shares of Rs. 10/- each 7,50,00,000 [•] Out of Above D Employee Reservation Portion 50,000 Equity Shares of Rs.10/- each 5,00,000 [•] E Net Issue to the Public 74,50,000 Equity Shares of Rs.10/- each 7,45,00,000 [•] F. Paid Up Share Capital After the Issue 1,97,57,741 Equity shares of Rs. 10/- each 19,75,77,410 [●] G. Share Premium Account Before the Issue 8,05,00,000 After the Issue [●] The addition to the Share Premium Account on account of the Issue and the balance in the Share Premium Account after the Issue can be determined only after the Issue Price is known, after the Book Building Process. The Authorized Equity Share Capital of the Company has been built-up as per the details given below: Date Number of Shares Cumulative Number of Shares Face Value (Rupees) Authorised Capital (Rupees) Particulars 16.2.1993 50,00,000 50,00,000 10 5,00,00,000 Incorporation 22.8.1995 50,00,000 1,00,00,000 10 10,00,00,000 Increase 29.12.2006 50,00,000 1,50,00,000 10 15,00,00,000 Increase 2.6.2007 1,00,00,000 2,50,00,000 10 25,00,00,000 Increase The current authorized capital is sufficient to meet the requirements of the fresh issue. 22
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 and 10: Company/Industry Related Terms/Tech
Page 11 and 12: NRE Account Non Resident External A
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: on a proportionate basis. For furth
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
show all

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

Create successful ePaper yourself

Delete template?

Save as template?