application form - business details products.pdf · name of business enterprises : vinsur products...

Application Form - Business Details

Name of Business Enterprises : VINSUR PRODUCTS

Office Address

Door No 1A

Street THIRUVALLUVAR SALAI

Area VALLALAR NAGAR

City VADALUR

District Cuddalore

State TamilNadu

Pincode 607303

Factory Address

Factory Door No 36

Factory Street SIDCO INDUSTRIAL ESTATE

Factory Area NEYVELI MAIN ROAD,PARVATHIPURAM

Factory City VADALUR

Factory District Cuddalore

Factory State TamilNadu

Factory Pincode 607303

Type of Industry Manufacturing

EM no 18041986

Product Name REFRACTORIES & BED MATERIALS

Consitution Partnership

No of key persons involved 2


Key Person 1

Title Thiru

Name VINOTHRAJA

Father/Husband Name SHANMUGAM

Age 28

Address 36

SIDCO INDUSTRIAL ESTATE Personal Finance

PARVATHIPURAM Permanent Account Number AJPPV2616P

Telephone number - Do you have Bank account Yes

Mobile number 9894310846 Bank name ICICI Bank Ltd

Educational background BE Branch NEYVELI

Whether ration card available Yes Bank address NEYVELI

Whether voter identity card available Yes Account number 056101501415

Social status SC Account type Savings Bank

Employment of spouse Salaried - Private IFSC code ICICI0002

Qualification of spouse Credit card Yes

Networth Statement

Assets (Rs.Lakhs)

Immovable Properties( Including Land and Building ) 500000.00

Investment in Business Capital 0.00

Deposits with Banks/institutions 0.00

Gsecs/Bonds/NSC/NSS 0.00

Shares/Debentures ( Market Value ) 0.00

Life Insurance Policies ( Surrender Value ) 0.00

Value of Vehicles ( Market Value ) 1000000.00

Other Assets ( Incl. Jewellery ) 500000.00

Total Assets 2000000.00

Liabilities 0.00

Loans Availed from Banks (Total Outstanding) 0.00

Other Liabilities 0.00

Total Liabilities 0.00

Networth 2000000.00

Property Location VADALUR


Key Person 2

Title Thiru

Name SHANMUGAM

Father/Husband Name CHINNAPAIYAN

Age 59

Address 36

SIDCO INDUSTRIAL ESTATE Personal Finance

PARVATHIPURAM Permanent Account Number ASTTYUY5

Telephone number - Do you have Bank account Yes

Mobile number 944337885 Bank name Indian Overseas Bank

Educational background MTech Branch VADALUR

Whether ration card available Yes Bank address VADALUR

Whether voter identity card available Yes Account number 5879541464574

Social status SC Account type Current Account

Employment of spouse Self employed IFSC code IOB5548

Qualification of spouse BE Credit card No

Networth Statement

Assets (Rs.Lakhs)

Immovable Properties( Including Land and Building ) 1000000.00

Investment in Business Capital 0.00

Deposits with Banks/institutions 0.00

Gsecs/Bonds/NSC/NSS 0.00

Shares/Debentures ( Market Value ) 0.00

Life Insurance Policies ( Surrender Value ) 0.00

Value of Vehicles ( Market Value ) 50000.00

Other Assets ( Incl. Jewellery ) 0.00

Total Assets 1050000.00

Liabilities 0.00

Loans Availed from Banks (Total Outstanding) 0.00

Other Liabilities 0.00

Total Liabilities 0.00

Networth 1050000.00

Property Location VADALUR


Project Cost (Rs.lakhs)

Land 25.00

Building 21.00

Plant and Machinery

Imported 0.65

Indigenous 16.00

Vehicles 0.00

Furniture and Fittings 0.00

Computers and office automation 10.00

Testing equipment 0.00

Other fixed assets 10.00

Erection/installation charges 0.00

Pre-operative expenses 20.00

Provision for contingencies 0.00

Working capital margin 3.96

Total Cost 106.61

Means of finance

Owners contribution 5.00%

Owners contribution 5.33

Loan from bank/other institutions -6395.52

Total 106.61


Fullfillment of statutory requirementsRequirements Status

1.Approval from Local Authority / body Obtained

2.Approval for Building Plan Obtained

3.Approval from Inspector of Factories Not Applicable

4.Approval from Electricity Board Obtained

5.Have you obtained Import and Export Code? To be Obtained

6.Sales Tax Registration Obtained

7.Service Tax Registration Obtained

8.Pollution Control Board Clearence Obtained

9.Registeration for Partnership/Company/Co-operative Society Obtained


Personal strengths in the area of business I have 8 years of relevant experience. I have handled production in my previous assignment. My family members possess experience in this business and they

would be involved. The raw material required for the business are 360 Metric_Tonnes of FIRE CLAY and the value is 432 lakhs. Raw materials are available in

the local market. No raw materials are available for credit. The suppliers of the raw materials are PANRUTI GOVERMENT GODOWN. The processes involved in

manufacturing the final product are GRINDING & GRADING. For this business skilled,semiskilled and unskilled manpower are required. I am confident of having

necessary manpower for the business. power requirement is 100 horse power per day. I do not have any backup. I require 10 liters of water. I have adequate

facility to draw water. I have approval for the land and building . I conducted survey and based on the findings only and I am trying to get into this business.The

competitor in my district is SHAKTHI CERAMICS VIRUDHACHALAM. I sell the product through both distributors/wholesalers and directly to customers. I do not

have showrooms. I will take 3 months to deliver the first order. I cannot rely on repeat orders. I am confident of generating rupees 20 lakhs sales in next three

years. The unfinished product also has got market. The business potential for this product is growing at stable rate in TamilNadu,growing at stable rate in India

and growing at stable rate in exports. The current market volume in Tamilnadu is 1000 lakhs.


Projected Profit & Loss Statement (Rs.Lakhs)

Mar-2016 Mar-2017 Mar-2018 Mar-2019 Mar-2020

Sales 96.44 120.00 140.00 140.00 140.00

Other Income 0.00 0.00 0.00 0.00 0.00

Closing Stock 26.19 32.59 38.02 38.02 38.02

Total Income 122.63 152.59 178.02 178.02 178.02

Raw Material Consumed 18.75 25.41 29.81 30.24 30.24

Wages 0.84 1.04 1.22 1.22 1.22

Power & Fuel 0.96 1.20 1.40 1.40 1.40

Rent 0.00 0.00 0.00 0.00 0.00

Other Manufacturing

Costs0.00 0.00 0.00 0.00 0.00

Administration Expenses 0.00 0.00 0.00 0.00 0.00

Selling & Distribution

Expenses0.00 0.00 0.00 0.00 0.00

Excise Duty 0.00 0.00 0.00 0.00 0.00

Depreciation 3.33 3.18 3.03 2.88 2.75

Finance Charges 0.00 0.00 0.00 0.00 0.00

Total Expenditure 23.88 30.83 35.46 35.74 35.61

Profit & Loss 98.75 121.76 142.56 142.28 142.41


Projected Balance Sheet (Rs.Lakhs)


Capital 6502.13 6502.13 6502.13 6502.13 6502.13

Reserves & Surplus 98.75 220.51 363.07 505.35 647.76

Loan from Bank 98832.38 74124.28 49416.18 24708.08 -0.02

Sundry Creditors 1.74 2.16 2.52 2.52 2.52

Total Liabilities 105435.00 80849.08 56283.90 31718.08 7152.39

Fixed Assets 79.32 76.14 73.11 70.23 67.48

Sundry Debtors 16.07 20.00 23.33 23.33 23.33

Stock 26.19 32.59 38.02 38.02 38.02

Loans & Advances 0.00 0.00 0.00 0.00 0.00

Cash & Bank Balance 105313.42 80720.35 56149.44 31586.50 7023.56

Total Assets 105435.00 80849.08 56283.90 31718.08 7152.39


Projected Cash Flow Statement


Net Profit as per Tax 98.75 121.76 142.56 142.28 142.41

Add: Depreciation 3.33 3.18 3.03 2.88 2.75

Add: Capital Contribution 6502.13 0.00 0.00 0.00 0.00

Add: Loan from Bank 123540.48 0.00 0.00 0.00 0.00

Add: Increase in Sundry

Creditors1.74 0.42 0.36 0.00 0.00

Add: Decrease in Sundry

Debtors0.00 0.00 0.00 0.00 0.00

Add: Decrease in Stock 0.00 0.00 0.00 0.00 0.00

Total Inflow 130146.43 125.36 145.95 145.16 145.16

Less: Purchase of Fixed

Assets82.65 0.00 0.00 0.00 0.00

Less: Repayment on

Loan to Bank24708.10 24708.10 24708.10 24708.10 24708.10

Less: Increase in Sundry

Debtors16.07 3.93 3.33 0.00 0.00

Less: Decrease in Sundry

Creditors0.00 0.00 0.00 0.00 0.00

Less: Increase in Stock 26.19 6.40 5.43 0.00 0.00

Less: Loans & Advances 0.00 0.00 0.00 0.00 0.00

Total Outflow 24833.01 24718.43 24716.86 24708.10 24708.10

Opening Balance 0.00 105313.42 80720.35 56149.44 31586.50

Surplus/Deficit 105313.42 -24593.07 -24570.91 -24562.94 -24562.94

Closing Balance 105313.42 80720.35 56149.44 31586.50 7023.56


Ratios

Usual Norms Mar-2016 Mar-2017 Mar-2018 Mar-2019 Mar-2020

Current Ratio >1.33 60549.24 37394.88 22305.87 12558.67 2811.47

Debt-Equity Ratio <2.00 14.97 11.03 7.20 3.53 0.00

Debt Service

Coverage Ratio>1.5 0.00 0.00 0.01 0.01 0.01

TOL / TNW <3.00 14.97 11.03 7.20 3.53 0.00

Interest Coverage

Ratio>2.00 0.00 0.00 0.00 0.00 0.00

Net Profit Margin(%) >5.00 102.40 101.47 101.83 101.63 101.72


Interest & Loan Repayment Schedule (Rs.Lakhs)


Opening Balance 0.00 98832.38 74124.28 49416.18 24708.08

Receipt 123540.48 0.00 0.00 0.00 0.00

Total 123540.48 98832.38 74124.28 49416.18 24708.08

Repay 24708.10 24708.10 24708.10 24708.10 24708.10

Closing Balance 98832.38 74124.28 49416.18 24708.08 -0.02

Average 49416.19 86478.33 61770.23 37062.13 12354.03

Interest 0.00 0.00 0.00 0.00 0.00


Working Capital (Rs.Lakhs)


Stock 26.19 32.59 38.02 38.02 38.02

Sundry Debtors 16.07 20.00 23.33 23.33 23.33

Loans & Advances 0.00 0.00 0.00 0.00 0.00

Cash & Bank Balance 105313.42 80720.35 56149.44 31586.50 7023.56

Total Current Assets 105355.68 80772.94 56210.79 31647.85 7084.91

Sundry Creditors 1.74 2.16 2.52 2.52 2.52

Salaries & Wages 0.07 0.09 0.10 0.10 0.10

Power & Fuel 0.08 0.10 0.12 0.12 0.12

Working capital 105353.79 80770.59 56208.05 31645.11 7082.17

application form - business details products.pdf · name of business enterprises : vinsur products...

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