6th Floor, Apex mall, Lalkothi, Tonk Road, Jaipur Ph. 0141-4311100, Fax: 0141-4036320 _2013-14.pdf · 2014-04-28 · 6th Floor, Apex mall, Lalkothi, Tonk Road, Jaipur Ph. 0141-4311100,

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6th Floor, Apex mall, Lalkothi, Tonk Road, Jaipur Ph. 0141-4311100, Fax: 0141-4036320

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CONTENTS 1. CORPORATE INFORMATION.................................................................................................................. 5

2. ABOUT COMPANY ................................................................................................................................. 6

3. DIRECTOR’S PROFILE ............................................................................................................................. 8

4. MANGLAM PRESENCE ......................................................................................................................... 10

5. MODE OF OPERATION ........................................................................................................................ 12

(i) DEVELOPMENT OF TOWNSHIP PROJECTS: As per Annexure A ....................................................... 12

(ii) RESIDENTIAL GROUP HOUSING PROJECT: As per Annexure B ....................................................... 12

(iii) OFFICES, MALL & COMMERCIAL COMPLEXES: As per Annexure C ............................................... 12

(iv) INDUSTRIAL CITY/ PARKS : As per Annexure D .............................................................................. 12

6. DEVELOPED AREA BY THE COMPANY ................................................................................................. 13

7. ORGANISATION CHART AS ON 31.12.2013 ......................................................................................... 13

8. FINANCIAL RESULTS OF THE COMPANY .............................................................................................. 14

8.1 GRAPHICAL PRESENTATION OF COMPANY’S FINANCIAL RESULTS ................................................. 14

9. PROJECTED PROFIT & LOSS ACCOUNT ................................................................................................ 16

9.1 PROFIT & LOSS ANALYSIS ................................................................................................................ 17

9.2 REVENUE ......................................................................................................................................... 17

9.3 CONSTRUCTION, CONVERSION & DEVELOPMENT CHARGES ......................................................... 18

9.4 ADMIN., SELLING & MARKETING .................................................................................................... 19

9.5 FINANCE COST ................................................................................................................................. 19

9.6 TAX .................................................................................................................................................. 19

10. PROJECTED BALANCE SHEET ........................................................................................................... 20

10.1 BALANCE SHEET ANALYSIS .............................................................................................................. 20

10.2 SHARE CAPITAL ............................................................................................................................... 20

10.3 RESERVE & SURPLUS ....................................................................................................................... 21

10.4 LOANS & LIABILITIES : .................................................................................................................... 21

11. REVIEW OF CURRENT YEAR PERFORMANCE ................................................................................... 22

12. MARKET VALUE OF UNSOLD STOCK AS ON 31.03.2013: As per Annexure E ................................. 24

13. STATEMENT OF NETWORTH CALCULATION ................................................................................... 24

14. SUBSIDIARIES COMPANIES .............................................................................................................. 24

15. MANGLAM IN CORPORATE SOCIAL RESPOSIBILITIES ..................................................................... 26

Annexure A .................................................................................................................................................. 29

Annexure B .................................................................................................................................................. 30

Annexure C .................................................................................................................................................. 32

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Annexure D ................................................................................................................................................. 34

Annexure E .................................................................................................................................................. 35

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1. CORPORATE INFORMATION

6

2. ABOUT COMPANY

MANGLAM BUILD DEVELOPERS LTD. is a registered company Under Chapter

IX of Companies Act 1956 bearing Registration number U45201RJ2008PTC026256

incorporated on 1st April 2008. Before conversion under chapter IX of companies’ act

1956, the company was a partnership firm in the name of M/s Manglam Builder &

Developers which was in existence from Financial Year 2006 to 2007 & 2008-2009.

The initial paid up capital of the company was Rs.105.00 Lacs which was

subsequently increased to Rs. 4000.00 Lacs including Rs.750.00 lacs as Securities

premium, Registered office of the company is at 6th Floor, Apex Mall, Lal Kothi, Tonk

Road, Jaipur. Before 1st Oct. 2006 the group was having separate

company/Partnership firms for each and every Project. The Group decided to merge

Twenty Projects on 1st Oct. 2006 in the Name of Manglam Builders & Developers

which was converted into Private Limited Company under chapter IX of the

Companies Act 1956 from 1st April 2008. Later on the Company Converted into

Limited Company w.e.f. 30 august, 2011.

Manglam Build Developers Limited is popularly known as Manglam Group,

headed by Shri N.K. Gupta, a first generation entrepreneur, who is a chartered

accountants is engaged in the Business as follows

Real Estate Development

Hotels

Townships, Commercial Malls, Residential Complexes

Infrastructure

Finance

Industrial Cities

Hospitals

Maintenance

The Group has been awarded by BEST TOWNSHIP AWARD in Indian property fair in

Delhi along with other National and International Builders.

Manglam is a name, which stand as a synonym to trust and reliance. Manglam stands

for quality construction and honoring commitments to the highest of ethics and

standards. The Manglam Group envisions satisfaction beyond comparison to its

customers and in building relations.

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It has brought to the customer quality and comfort at affordable prices, justifying

Manglam as another name for value for money. The projects commissioned by

Manglam are a symbol of precision, international quality and perfect amalgamation of

functionality and aesthetic. Each project is an edifice in itself, attribute to modern

architecture symbolizing the fusion of mystic past and grand future.

Manglam’s strong team with a commitment and vision also plans to give

comprehensive solutions to the people in terms of commercial spaces, residential

apartments, townships, farmhouses, villas and entertainment theme parks. All the

projects commissioned by the Group well justify the present and future need of the

people in the most appropriate manner. It is their far sightedness, innovativeness,

quality and commitments that have won them accolades for all the ventures that the

Group has undertaken. Manglam Group is now geared up to bring a paradigm shift in

lifestyles of the Jaipurites through their world class structures.

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3. DIRECTOR’S PROFILE

9

10

4. MANGLAM PRESENCE

11

12

5. MODE OF OPERATION

(i) DEVELOPMENT OF TOWNSHIP PROJECTS: As per Annexure A

The company purchases agriculture lands from land owners and get it registered

in its name after full and final payment & after taking necessary approach &

approvals from Jaipur Development Authority and other government agencies,

The company launches the project in the open market for sale. Company use to

develop the infrastructure like road, light, sewerage etc. and handover it to

government for further maintenance.

Company has completed 4 township Projects as on 1st April, 2013. Currently the

company has 10 ongoing Township projects.

(ii) RESIDENTIAL GROUP HOUSING PROJECT: As per Annexure B

The company acquires lands in prestigious locations and develops residential flats

and Villas with the approved maps from local authorities. Company also purchases

residential lands for group housing projects from local authorities in open auction.

Company has completed 12 Residential Projects as on 1st April, 2013. Currently

Company has 18 ongoing Residential Projects

(iii) OFFICES, MALL & COMMERCIAL COMPLEXES: As per Annexure C

The Company either use to purchase commercial land for office purposes or make

a joint venture with the land holders for office building. The company is having

Commercial buildings at Jaipur, Udaipur and Ajmer.

Company has completed 12 Commercial (Offices, Retail Mall and Complexes)

Projects as on 1st April, 2013. Currently the company has 5 ongoing Commercial

i.e. Offices, Retail Mall

(iv) INDUSTRIAL CITY/ PARKS : As per Annexure D

The Company also develops private industrial parks in Rajasthan. As per Govt.

Policy we purchase agriculture land and develop private industrial area by

providing road, water, power and all other basic facilities. The land is being

converted for industrial purpose by Local authorities, Presently Company is

having three Industrial area as follows as on 1st April, 2013:

Manoharpur Industrial Park

Manglam Industrial City Chomu

Kherwadi Industrial Area

Company has completed 2 Industrial Project as on 1st April, 2013. Currently the company has 1 ongoing Industrial City Projects.

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6. DEVELOPED AREA BY THE COMPANY

Completed Area Ongoing Area

Residential Area (Sq. Ft.) 25,67,652 91,73,298

Commercial Area (Sq. Ft.) 10,18,831 7,14,168

Township Area (Sq. Ft.) 1,14,76,836 1,90,49,751

Industrial Area (Sq. Ft.) 35,17,677 27,87,201

Total (Sq. Ft.) 1,85,80,996 3,17,24,418

7. ORGANISATION CHART AS ON 31.12.2013

Assistant General Manager

Deputy General Manager

Chairman

General Managers

17

14

Manager 27

Assistant Manager 75

Other Staff

Board of Directors

Directors 7

7

68

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8. FINANCIAL RESULTS OF THE COMPANY

The Last four years audited financial results are very encouraging. The Turnover of the company is double from the previous year & profit is also almost double. The figures are as under:

8.1 GRAPHICAL PRESENTATION OF COMPANY’S FINANCIAL RESULTS

2009-10 2010-11 2011-12 2012-13

Turnover 36 68 131 284

89.56 %

91.38%

92.22 %

-

50

100

150

200

250

300

Am

ou

nt

Rs.

in C

rore

Turnover

Rs. in Crore

Particulars Audited Figures

2012-13

2011-12

2010-11

2009-10

Revenue 283.74 131.04 68.17 35.62

Profit Before Tax 58.65 32.92 11.85 5.28

% of PBT on Revenue 20.67% 25.12% 17.38% 14.84%

Current Tax 14.06 5.84 4.03 1.39

Profit After Tax 44.59 27.08 7.82 3.89

% of Net Profit 15.71% 20.66% 11.47% 10.92%

Profit Distributed in Partners/dividend

Nil Nil Nil Nil

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5 12

33

59

0

10

20

30

40

50

60

70

2009-10 2010-11 2011-12 2012-13

Am

ou

nt

Rs.

in C

rore

Year

Profit Before Tax

PBT

4 8

27

45

0

10

20

30

40

50

2009-10 2010-11 2011-12 2012-13

Profit After Tax

PAT

2009-10 2010-11 2011-12 2012-13

NP RATIO 10.92 11.47 20.66 15.71

10.92 11.47

20.66

15.71

0

5

10

15

20

25

NP Ratio

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9. PROJECTED PROFIT & LOSS ACCOUNT

Rs. In Crore

PARTICULARS AUDITED FOR THE YEAR PROJECTED FOR THE YEAR

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16

Revenue 68.17 131.04 283.74 458.80 757.50 1,269.00

Cost of Sale 42.81 67.93 197.63 315.40 524.10 872.24

Gross Profit 25.37 63.11 86.11 143.40 233.40 396.77

% of Gross Profit on Revenue (Gross Profit /Revenue)

0.37 0.48 0.30 0.31 0.31 0.31

Administrative Exp.

3.33 4.37 5.90 9.17 15.15 25.38

Selling & Marketing Exp.

2.25 6.90 14.02 18.35 30.30 50.76

Finance Cost 7.80 18.66 6.98 18.35 30.30 50.76

Depreciation 0.13 0.26 0.56 0.62 0.68 0.75

Total Cost 56.32 98.12 225.09 361.89 600.53 999.89

Profit Before Tax (PBT)

11.86 32.92 58.65 96.91 156.97 269.12

Tax 4.03 5.84 14.06 31.98 51.80 88.81

Profit After Tax (PAT)

7.82 27.08 44.59 64.93 105.17 180.31

Dividend Distributed

- 3.25 3.25 3.25

Net Profit transferred to Reserve & Surplus A/c 7.82 27.08 44.59 61.68 101.92 177.06

% of Profit on Revenue (PBT/Revenue) 17.39 25.12 20.67 21.12 20.72 21.21 % of Profit on Revenue (PAT/Revenue) 11.48 20.67 15.72 14.15 13.88 14.21 *Area Sold / Developed ( Sq. Ft. )

41,48,102 58,80,000 88,20,000 1,32,30,000

* Area Sold includes sales in Commercial, Residential & Township Projects.

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9.1 PROFIT & LOSS ANALYSIS

9.2 REVENUE

The sales of the company were Rs. 35.62 Crore in the 2009-10, Rs. 68.17 Crore in the

year 2010-11, 131.04 Crore in the year 2011-12 and Rs. 283.74 in the year 2012-13.

The Sales of the company have been continuously growing with a remarkable

growth rate.

In comparison to previous year- growth in the Sales was 91.38% in the year 2010-

11, 92.22% in the year 2011-12 and 112.93%. in the year 2012-13 according to this

we are expecting that growth would be it would be 64.43% in the year 2013-14,

65.10% in the year 2014-15, 67.52% in the year 2015-16

Projected 2013-14

Area in Sq. ft. Selling Price per Sq. ft. Sale Value in lacs

Residential 6,00,000 2,400 14,400

Commercial 2,80,000 4,100 11,480

Township 50,00,000 400 20,000

58,80,000

45,880

Projected 2014-15


Residential 9,00,000 2,650 23,850

Commercial 4,20,000 4,500 18,900

Township 75,00,000 440 33,000

88,20,000 75,750

Projected 2015-16


Residential 13,50,000 2,900 39,150

Commercial 6,30,000 5,000 31,500

Township 1,12,50,000 500 56,250

1,32,30,000

1,26,900

Looking to past trends and available land bank it has been presumed that there will be

growth of 50% in saleable area every year.

Looking to past trends it has been presumed that selling price will increase by 10%

every year.

The company is having a strong marketing team for selling its projects to the public. The

company advertises in local news papers, magazines and also on FM Radio and local TV

Channels. The above financial performance of the company is the result of its strong

sales team.

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Year Revenue ( In Crore ) % of Growth

2010-11 68.17 91.38

2011-12 131.04 92.22

2012-13 279.02 112.93

*2013-14 458.80 64.43

*2014-15 757.50 65.10

*2015-16 1269.00 67.52

9.3 LAND COST

Projected 2013-14

Area in Sq. ft. Land rate per Sq. ft.

Land Cost

Residential 6,00,000 500 3,000

Commercial 2,80,000 1,000 2,800

Township 50,00,000 100 5,000

58,80,000

10,800

Projected 2014-15


Land Cost

Residential 9,00,000 550 4,950

Commercial 4,20,000 1,100 4,620

Township 75,00,000 110 8,250

88,20,000

17,820

Projected 2015-16


Land Cost

Residential 13,50,000 620 8,370

Commercial 6,30,000 1,220 7,686

Township 1,12,50,000 125 14,063

1,32,30,000

30,119

Looking to past trends it has been presumed that cost of land will also increase by 10%

to 12% every year.

9.3 CONSTRUCTION, CONVERSION & DEVELOPMENT CHARGES

There is no problem of raw material in Rajasthan. Main material of construction

steel, grit, cement, bazari etc. are available in plenty. The company gives the

construction work to reputed contractor on labour basis and all the materials are

being provided by the company. The Company is having a strong purchase

department.

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Projected 2013-14

Area in Sq. ft. Construction/ Development Price per Sq.

Ft.

Construction Cost in lacs

Residential 6,00,000 1,350 8,100

Commercial 2,80,000 1,300 3,640

Township 50,00,000 180 9,000

58,80,000

20,740

Projected 2014-15


Ft.


Residential 9,00,000 1,500 13,500

Commercial 4,20,000 1,450 6,090

Township 75,00,000 200 15,000

88,20,000

34,590

Projected 2015-16


Ft.


Residential 13,50,000 1,650 22,275

Commercial 6,30,000 1,600 10,080

Township 1,12,50,000 220 24,750

1,32,30,000

57,105

Looking to past trends it has been presumed that cost of construction and development

cost will also increase by 10% to 11% every year.

9.4 ADMIN., SELLING & MARKETING

It has been presumed that cost of administration would be 2% of Sales value. It includes

Employee benefit & General Expenditures. Cost of marketing would be 4% of Sale value.

Therefore we have taken cost of Admin & Selling & Marketing 6% of Sales value.

9.5 FINANCE COST

It has been presumed that cost of financing would be 15%p.a. on the outstanding Long

term Liabilities. The Company is regular in payment of Loan & interest in last 10 years.

The Bankers of the Company is State Bank of India, State Bank of Bikaner & Jaipur, Bank

of Baroda, State Bank of Patiala, Andhra Bank & Corporation Bank.

9.6 TAX

Company is consistently paying its tax liabilities, the assessments under Sec. 143 (3) are

done upto 2010-2011 by Income Tax Department.

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10. PROJECTED BALANCE SHEET

10.1 BALANCE SHEET ANALYSIS

10.2 SHARE CAPITAL

The paid up capital of company is Rs. 32.5 Crores divided into 3, 25, 00,000 (Three

Crore Twenty Five Lacs.) Equity Shares of Rs. 10/- each. The Share holding Pattern of the

company as on 31ST March 2013 is as under:

S.No Name of Share Holders No. of Shares Ratio

1 Sh. N K Gupta S/o Sh. Roodmal Gupta 52,00,000 16.00%

2 Sh. Sanjay Gupta S/o Sh. Nand Kishore Gupta 24,55,472 7.56%

3 Sh. Ajay Gupta S/o Sh. Nand Kishore Gupta 37,02,500 11.39%

4 Smt. Tara Gupta W/o Sh. Nand Kishore Gupta 36,82,000 11.33%

5 Sh. Vinod Kumar Goyal S/o Sh. Mani Shankar Goyal 43,33,500 13.33%

31st March

2011

31st March

2012

31st March

2013

31st March

2014

31st March

2015

31st March

2016

2 3 4 5 6 7

I. EQUITY AND LIABILITIES

-1 Shareholders’ funds

(a) Share Capital 20.00 25.00 32.50 32.50 32.50 32.50

(b) Reserves and Surplus 13.08 40.16 92.25 153.93 255.85 432.91

Total (A) 33.08 65.16 124.75 186.43 288.35 465.41

-2 Non-current liabilities

(a) Long-term borrowings 36.25 48.80 81.40 130.00 195.00 300.00

(b) Other Long term liabilities 27.04 28.73 41.65 50.00 50.00 50.00

Total (B) 63.30 77.54 123.05 180.00 245.00 350.00

-3 Current liabilities

(a) Short-term borrowings 0.15 9.07 10.25 3.00 3.00 3.00

(b) Trade payables 23.05 77.77 72.99 70.00 70.00 70.00

(c) Other current liabilities

Current Maturities 24.85 44.72 70.67 100.00 150.00 225.00

Booking money Advance 60.55 87.05 139.94 210.00 310.00 450.00

Unearned Revenue & Others 28.56 60.63 67.61 15.00 15.00 15.00

(d) Short-term provisions 2.20 5.47 7.51 22.40 96.79 181.77

Total (C) 139.35 284.70 368.97 420.40 644.79 944.77

TOTAL ( A + B + C ) 235.73 427.40 616.77 786.83 1,178.14 1,760.18

II. ASSETS

-1 Non-current assets

(a) Fixed assets 0.54 2.74 2.84 3.12 3.44 3.78

5.59 28.50 41.51 45.00 45.00 45.00

Total (A) 6.13 31.24 44.35 48.12 48.44 48.78

-2 Current assets

(a) Inventories 174.88 349.64 499.19 613.71 943.21 1,403.25

(b) Trade receivables 3.71 19.80 28.94 60.00 120.00 240.00

(c) Cash and cash equivalents 6.37 3.14 10.51 15.00 16.50 18.15

(d) Short-term loans and advances &

Others44.64 23.57 33.78 50.00 50.00 50.00

Total (B) 229.60 396.16 572.42 738.71 1,129.71 1,711.40

235.73 427.40 616.77 786.83 1,178.15 1,760.18 TOTAL ( A + B )

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(b) Non-current Assets

Rs. In Crore

PARTICULARS

PROJECTED AS ON AUDITED AS ON

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6 Smt. Beena Goyal W/o Sh. Vinod Kumar Goyal 15,50,000 4.77%

7

Sh. Mukesh Goyal S/o Sh. Mani Shankar Goyal 7,57,500 2.33%

8 Sh. Mani Shankar Goyal S/o Mahadev Lal Goyal 8,79,000 2.70% 9 Sh. Ram Babu Agarwal S/o Sh. Madan Lal Agarwal 33,94,750 10.45%

10 Sh. Rajendra Agarwal S/o Sh. Madan Lal Agarwal 23,66,500 7.28%

11 Smt. Seema Agarwal W/o Sh. Rajendra Agarwal 17,58,750 5.41% 12 Sh. Jugal Kishore Garg S/o Sh. Inder Lal Agarwal 2,10,000 0.65% 13 Sh. Ritesh Agarwal S/o Sh. Jugal Kishore Garg 1,05,000 0.32%

14 M/S Gemstar Jewellery Pvt. Ltd. 20,10,000 6.18%

15 M/S Goodluck Buildhome Pvt. Ltd. 10,000 0.03%

16 M/S Manglam Infra Gold Ltd. 50,000 0.15%

17 M/S Star Crown Propcon Pvt. Ltd. 10,000 0.03%

18 M/S Jaimala Propcon Pvt. Ltd. 10,000 0.03%

19 M/S Kanak Vrindavan Township Pvt. Ltd. 15,000 0.05%

20 Others (28 Share holder) 28 0.00%

TOTAL 3,25,00,000 100.00%

10.3 RESERVE & SURPLUS

The Company is having reserve & surplus Rs. 92.25 Crore as on 31.03.2013 including Share Premium Rs. 7.5 crore. The entire profit transferred to reserve & surplus after paying 10% dividend on equity. The Reserve & Surplus is as under:

Rs. in Crore Year Opening

balance Profit During

the Year Dividend

Distributed/ Share Premium

Closing Balance

2011-12 13.08 27.08 Nil 40.16

2012-13 40.16 44.59 7.5 92.25

2013-14 92.25 64.93 (3.25) 153.93

2014-15 153.93 105.17 (3.25) 255.85

2015-16 255.85 180.31 (3.25) 432.91

10.4 LOANS & LIABILITIES :

Long Term Borrowings: The Company has taken loan from various Banks for its

Residential, Commercial & Township Projects. The Company has made no default in

repayment of loans & liabilities.

The present bankers are

State Bank of India State Bank of Bikaner & Jaipur Bank Of Baroda UCO Bank Andhra Bank State Bank Of Patiala Corporation Bank SIDBI

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11. REVIEW OF CURRENT YEAR PERFORMANCE

Profit & Loss Account for the 31.12.2013 PARTICULARS PROJECTED

FOR THE YEAR 2013-14

ACTUAL FOR THE YEAR UP TO DEC.

2013

Revenue 458.80 391.57

Other Income - 0.34

Cost of Sale 315.40 274.10

Gross Profit 143.40 117.81

% of Gross Profit on Revenue (Gross Profit /Revenue)

0.31 0.30

Administrative Exp. 9.17 8.82

Selling & Marketing Exp. 18.35 10.07

Finance Cost 18.35 22.16

Depreciation 0.62 -

Total Cost 361.89 315.15

Profit Before Tax (PBT) 96.91 76.42

Tax 31.98 25.22

Profit After Tax (PAT) 64.93 51.20

Dividend Distributed 3.25 -

Net Profit transferred to Reserve & Surplus A/c 61.68 51.20 % of Profit on Revenue (PBT/Revenue) 21.12 19.52 % of Profit on Revenue (PAT/Revenue) 14.15 13.08

*Area Sold / Developed ( Sq. Ft. ) 58,80,000.00 45,77,370.00

* Area Sold includes sales in Commercial, Residential & Township Projects.

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BALANCE SHEET AS ON 31ST DECEMBER 2013

PARTICULARS PROJECTED AS ON 31ST

MARCH 2014

ACTUAL AS ON 31ST DECEMBER

2013

1 2 3

I. EQUITY AND LIABILITIES

1 Shareholders’ funds

(a) Share Capital 32.50 32.50

(b) Reserves and Surplus 153.93 143.44

Total (A) 186.43 175.94

2 Non-current liabilities

(a) Long-term borrowings 130.00 164.30

(b) Other Long term liabilities 50.00 2.02

Total (B) 180.00 166.32

3 Current liabilities

(a) Short-term borrowings 3.00 -

(b) Trade payables 70.00 18.68

(c) Other current liabilities

Current Maturities 100.00 34.02

Booking money Advance 210.00 225.15

Unearned Revenue & Others 15.00 0.94

(d) Short-term provisions 22.40 6.82

Total (C) 420.40 250.54

TOTAL ( A + B + C ) 786.83 592.80

II. ASSETS

1 Non-current assets

(a) Fixed assets 3.12 3.07

(b) Non-current Assets 45.00 12.28

Total (A) 48.12 15.35

2 Current assets

(a) Inventories 613.71 502.04

(b) Trade receivables 60.00 16.39

(c) Cash and cash equivalents 15.00 15.10

(d) Short-term loans and advances & Others

50.00 78.59

Total (B) 738.71 577.45

TOTAL ( A + B ) 786.83 592.80

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12. MARKET VALUE OF UNSOLD STOCK AS ON 31.03.2013: As per Annexure E

Area

(Sq. Ft.)

Average

Value per

(Sq. Ft.)

Amt. In

Crore

Residential 7,646,686 2641.00 2,019.72

Commercial 441,313 5783.00 255.22

Township 15,928,185 348.00 833.96

Total ( A ) 24,016,184 3,108.90

Less:

Cost to be incurred for part

payment of Land & Construction

Land Construction

Charges

Amt. in

Crore

Residential 112.00 1,032.30 1,144.30

Commercial 42.00 57.37 99.37

Township 264.50 109.40 373.90

Total ( B ) 418.50 1,199.07 1,617.57

Net Value of Stock as on 31.03.2013 Total ( A - B ) 1,491.33

13. STATEMENT OF NETWORTH CALCULATION Particulars Amt. in Crore

Net Value of Stock as on 31.03.2013 1,491.33

Add:

Debtors 339.38

Fixed Assets ( Tangible & Intangible Assets ) 2.84

Non Current Investments ( Investment in Subsidiary, Associates,

Partnership Firms )

20.56

Advance against land & Expenditure 20.40

Loans & Advances & Other Assets ( Except Inventory & Trade

Receivables )

44.94

Total Assets ( A ) 1919.45

Less:

Non Current Liabilities 123.20

Current Liabilities ( Except Booking Money Advance & Unearned

Revenue )

176.27

Total Liabilities ( B ) 299.47

Net-worth ( A – B ) 1,619.98

14. SUBSIDIARIES COMPANIES

(i) Super Prime Construction Pvt. Ltd. is a Private limited company which

incorporates as on 15th October 1997. Company involved in construction &

25

development work of Manglam projects and handling outsiders contracts.

Shareholding pattern is as above:

S.No. Name of Shareholders No. of Shares

1 Nitesh Agarwal 925000

2 Mahaveer Singh 12500

3 Prakash Agarwal 12500

4 Deo Karan Singh 400000

5 Indira Deo 550000

6 Suman Singh 50000

7 Manglam home Construction Company Pvt. Ltd. 550000

Total 2500000

(ii) Harmony Facility Management Pvt. Ltd. is a Private limited company which

incorporates as on 24th May 2004. Company involved in facility & Maintenance of

Manglam running projects & completed projects. Shareholding pattern is as above:


1 Nand Kishore Gupta 3300

2 Ram Gopal Sarraf 6700

Total 10000

(iii) Saville Hospital & Research Centre is a Private limited company which has a acquired a land of about 10,769 sq mts. This company was established in the year 1993 by an NRI doctor. This company has been purchased by current promoters – Manglam Build-Developers Limited, in January 2013. There is an existent hospital building over the land with an area of 50,000 sq ft.

In the current scenario, the hospital has all the required permissions in hand. Drawings have been finalized and approved by Rajasthan Housing Board. This hospital will be a 400 beds super specialty hospital with Hospital Concept, where all the required facilities will be provided to attendants and over stayed patients. Shareholding pattern is as above:


1 Ajay Gupta 575000 2 Ram Babu Agarwal 287500

3 Vinod Kumar Goyal 287500

Total 1150000

(iv) Asian News Media Private Limited is a Private limited company which

incorporates as on 29th May 2013. Company involved in media work & news paper

naming “JANNAYAK” Shareholding pattern is as above:


1 Sanjay Gupta 4500 2 Ram Babu Agarwal 2250

3 Vinod Kumar Goyal 2250

4 Ajay Kulshreshtha 1000

26

Total 10000

15. MANGLAM IN CORPORATE SOCIAL RESPOSIBILITIES

27

28

29

Annexure A

COMPLETED TOWNSHIP PROJECTS S.no Name Of Project Saleable (Area in Sq

Yrds.) Year of Start Year of

Completion

1 Kanak Vatika Tonk Road , Jaipur

3,92,866 2005 2013

2 Manglam Vihar Sikar Road , Jaipur

3,95,916 2009 2013

3 Kanak Vrindavan Sirsi Road , Jaipur

3,15,908 2004 2013

4 Manglam City Extension Kalwar Road, Jaipur

1,70,514 2006 2013

Total 12,75,204

ONGOING TOWNSHIP PROJECTS

S.No Name Of Project Saleable (Area in Sq Yrds.)

Year of Start

Projected Year of Completion

Status

1 Vaishali Estate Sirsi Road, Jaipur

2,04,054 2011 2015 1. Land Aquired 2. Maps Approved. 3. Construction is going on

2 Manglam Greens Natata Delhi Rad NH 8, Jaipur


3 Manglam Balaji City Sirsi Bindyaka, Jaipur


4 Park View Sez Road , Sarangpura, Jaipur


5 Bikaner 1,92,210 2013 2016 1. Land Aquired 2. Maps Approved. 3. Construction is going on

6 Ajmer Road Opp. Pink Pearl Water Park, Jaipur

3,84,127 2013 2016 1. Land Aquired 2. Maps Approved.

7 Nimrana 2,32,063 2013 2016 1. Land Aquired

8 Manglam City Vatika Vatika Road , Pahadiya, Jaipur


30

9 Krishna Van Ajmer Road, Jaipur


10 Mapple Wood NHR Delhi Road, Jaipur


Total 21,16,639

Annexure B

COMPLETED RESIDENTIAL PROJECT

S.no Name Of Project Saleable (Area in Sqft)

Year of Start Year of Completion

1 Sumanglam Tower Shastri Nagar, Jaipur

80,000 1998 2000

2 Dhanshree Tower-I Vidhyadhar Nagar, Jaipur

2,00,000 2001 2003

3 Dhanshree Tower-II Vidhyadhar Nagar, Jaipur

2,00,000 2002 2004

4 Dhanshree Plus Vidhyadhar Nagar, Jaipur

1,00,000 2003 2005

5 Ganpati Darshan Trimurti Circle, Jaipur

60,000 2005 2007

6 Eden Garden Opp. Gandhi Nagar Railway Station, Jaipur

60,000 2005 2007

7 Vaishali Tower-II Vaishali , Jaipur

1,00,000 2005 2007

8 The Grand GeejGarh Bias Godown Circle, Jaipur

3,00,000 2007 2010

9 Aashiana Manglam Kalwar Road, Jaipur

5,99,602 2006 2011

10 Grand Vistas Sirsi Road , Jaipur

3,45,724 2006 2012

11 Manglam Residency Udaipur

3,90,835 2008 2013

12 The Residency Ajmer

1,31,491 2009 2013

Total 25,67,652

31

ONGOING RESIDENTIAL PROJECT


Year of Start


Status

1

Manglam Aananda Opp. Sanganer Railway Station, Jaipur

26,00,000 2012 2016

1. Land Aquired 2. Maps Approved. 3. Construction is going on

2 Arpan Patrakar Colony, Jaipur

209459 2011 2014


3 The Grand Residency Sirsi road, Jaipur

4,17,643 2011 2015


4 Manglam's Aroma Patrakar Colony, Jaipur

367772 2011 2014


5 Manglam's Aanchal Kalwar Road, Jaipur

181718 2009 2013


6 Manglam’s Plaza Bhilwara

73515 2010 2014


7 AANGAN- Mahapura Phase II Ajmer Road, Jaipur

529235 2010 2014

1. Land Aquired 2. Maps Approved 3. Construction is going on

8 Rangoli II Ajmer Road, Jaipur

502500 2011 2016 1. Land Aquired 2. Maps Approved.

9 Arpan -Residency Patrakar Colony, Jaipur

58895 2013 2016


10 Manglam Residency Jhunjhunu

244480 2013 2016


11 Aqua Grandiosa Goa

39368 2013 2016


12 GOA- II 6,58,500 2013 2017


32

13 Kanak Residency Shivdas Pura, Jaipur

42583 2013 2016


14 Manglam Residency Kalwar Road, Jaipur

40000 2013 2015


15 Aangan Residency Ajmer Road, Jaipur

27600 2013 2015


16 Muhana Road Muhana

12,15,000 2013 2017 1. Land Aquired

17 Alwar-II 12,15,000 2013 2017 1. Land Aquired

18 Grand Vista -II Sirsi Road , Jaipur

7,50,000 2013 2017 1. Land Aquired

Total 91,73,298

Annexure C

COMPLETED COMMERCIAL PROJECT


Year of Start

Year of Completion

Status

1 Apex Mall Tonk Road, Jaipur

2,00,000 2003 2005 Completed

2 Vaishali Tower-I Vaishali , Jaipur

1,00,000 2005 2006 Completed

3 R.K. Tower Pital Factory, Jaipur

50,000 2003 2006 Completed

4 Krishna Mall Tonk Phatak, jaipur

50,000 2005 2006 Completed

5 Divya Mall Tonk Road, Jaipur

50,000 2002 2006 Completed

6 Geetanjali Tower Ajmer Road, Jaipur

2,00,000 2005 2007 Completed

7 Anchor Mall Ajmer Road, Jaipur

1,25,000 2005 2008 Completed

33

8 Narayan Plaza Kishanpol Bazar, Jaipur

21,000 2007 2010 Completed

9 Ambition Tower C- Scheme, Jaipur

54,796 2009 2013 Completed

10 Okay Plus Tower MI Road, Jaipur

28,020 2008 2013 Completed

11 Apex Tower Tonk Road, Jaipur

40,015 2009 2013 Completed

12 Gurukul Tower C- Scheme , Jaipur

1,00,000 2002 2005 Completed

Total 10,18,831

ONGOING COMMERCIAL PROJECT


Year of Start


Status

1 Metropolis Tower Ajmer Road, Jaipur

168,371 2007 2014


2

Fun Square Udaipur

147,522 2008 2010


3 Jaipur Textile Market Jagatpura, Jaipur

259,882 2011 2014


4 Buisness Park Lal Khoti


5 Jhunjhunu 30,393 2013 2015


Total 7,14,168

34

Annexure D

COMPLETED INDUSTRIAL PROJECT

S.No. Name Of Project Saleable Area in SQ. YRDS.

Year of Start

Year of Completion

Status

1 Manglam Industrial City Chomu


2 Manglam IndustrialPark Manoharpura


Total 3,90,853

ONGOING INDUSTRIAL CITY PROJECT

S.No Name Of Project Saleable Area in SQ. YRDS.

Year of Start


Status

1 Manglam Industrial City Kherwari

309689 2010 2014 1. Land Aquired 2. Maps Approved.

35

Annexure E

36

37

38

RESIDENTIAL PROJECTS DEBTORS ( AS PER SOFTWARE ) Annexure E – 4 Sl. No. Project Name Memorandum

Sales ( In Cr.) Amt. received

against agreement to sale ( In Cr.)

Debtors as on 31.03.2013

( In Cr. )

1 THE GRAND RESIDENCY 30.90 15.92 14.98

2 ARPAN 10.13 2.33 7.80

3 ARPAN RESIDENCY 2.60 - 2.60

4 MANGLAM PLAZA BHILWARA

10.11 6.29 3.82

5 AROMA 26.82 11.78 15.04

6 AANCHAL 11.18 2.60 8.58

7 AANGAN 10.93 - 10.93

8 AANANDA 94.06 26.36 67.70

9 MANGLAM RESIDENCY JHUNJHUNU

14.27 0.41 13.86

10 AQUA GRANDIOSA 3.54 0.15 3.39

TOTAL 214.54 65.84 148.70

COMMERCIAL PROJECTS DEBTORS ( AS PER SOFTWARE )

1 AMBITION TOWER 1.35 - 1.35

2 APEX TOWER 1.03 0.48 0.55

3 OK PLUS TOWER 6.41 4.73 1.68

4 METROPOLIS TOWER 6.16 2.57 3.59

5 FUN SQUARE 28.48 10.01 18.47

6 J.T.M. 28.51 13.08 15.43

TOTAL 71.94 30.87 41.07

TOWNSHIP PROJECTS DEBTORS ( AS PER SOFTWARE )

Sl. No. Project Name Memorandum Sales Amt. received

against agreement to sale

Debtors as on 31.03.2013

1 KANAK VATIKA 10.92 8.47 2.45

2 MANGLAM CITY VATIKA 6.27 5.41 0.86

3 MANOHARPUR IN. PARK 7.04 0.36 6.68

4 MANGLAM INDUSTRIAL CITY CHOMU

7.07 3.47 3.60

39

5 KHERWADI 39.44 14.29 25.15

6 VAISHALI ESTATE 44.01 21.90 22.11

7 KANAK VRINDAVAN ( D, E, G Block )

6.41 6.41 -

8 MAPPLE WOOD 4.42 0.69 3.73

9 PARK VIEW 39.09 12.89 26.20

10 BALAJI CITY 46.71 20.91 25.80

11 MANGLAM VIHAR 3.93 1.64 2.29

12 MANGLAM CITY EXTN. - - -

13 MANGLAM GREENS 35.34 8.61 26.73

14 SHRI KRISHNA VAN 6.99 2.98 4.01

TOTAL 257.64 108.03 149.61

GRAND TOTAL 544.12 204.74 339.38

Documents

6th Floor, Apex mall, Lalkothi, Tonk Road, Jaipur Ph. 0141-4311100, Fax: 0141-4036320 _2013-14.pdf · 2014-04-28 · 6th Floor, Apex mall, Lalkothi, Tonk Road, Jaipur Ph. 0141-4311100,