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Company has a sprawling 2,60,000 sq. meters of industrial plot which is one of the largest in the private sector in North Maharashtra strategically located 7 kms away from junction of Mumbai-Agra National Highway NH-3, Nagpur- Surat National Highway NH-6 and Solapur - Aurangabad - Dhule National Highway NH-211. The management is backed up by dynamic entrepreneurs with diverse hard core engineering expertise, has setup ambitious investment plans exceeding Rs. 400 Cr in next 4 years.
This would add in reaping rich returns to the share holders in future.

Financial Parameters

• Estimated Project Cost : Rs 47.4 Crores
• Payback Period : Approx. 4 yrs
• Earning Per Share : 3.88
• Estimated Internal Rate of Return : 25.11%
• Break even operation : 47.91%
• Estimated sale turnover : for 1st year Rs. 60.3 Cr
: for 3rd year Rs 84.42 Cr
• Listing of Shares on Bombay Stock Exchange after 2 years.
• The project enjoys the subsidy on the production of ethanol @ Rs.10 liters with ceiling of Rs. 25 Cr vide Maharashtra Govt G.R.

Share Holding Pattern

Authorized Share Capital (proposed): Rs. 10 Cr
Promoter’s contribution: 60%
General Public contribution: 40%

Share Application Form

The promoters of the company have decided to allocate the shares on private placement and the minimum shares allocated will be 1000 at a face value of Rs. 10 each on first cum first serve basis. This offer continues to be open till the 40% contribution from the General Public is complete. Any individual or institution or organization interested in the above offer is free to apply for any number of shares.

The facility to download the share application form is available on the link besides:


Share application form duly filled may be uploaded and the online payment can be transferred on the following bank account.

Bank Name: Dena Bank, Thane (West).
Current A/C: 015011023795


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