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Corporate Particulars Name of the Company
: Madhav Microns
Date of Incorporation
: 1996 as proprietorship and made partnership on 02/09/2003
Constitution : Partnership FirmRegistered Office : 29, Shakti Society, B\h Avishkar Complex,
Old Padra Road, VadodaraProposed Line of Activity
: Manufacturing of Mineral Powder (Dolomite Powder).
Proposed Plant Location
: Station Road, At & post Chhota Udepur, Tal. Chhotaudepur, Dist.: Vadodara
Transaction : Fund Raising from Financial Institution in form of debt.
Reason : For purchasing Factory with Land, Building, Plant and Machinery for manufacturing of Mineral Powder (Dolomite Powder)
Name of Partners : Mr. Chandresh P ParikhMr. Raj Chandresh ParikhMrs. Smitaben Chandreshkumar ParikhMrs. Urmilaben Purshottamdas Parikh
Contact Details Phone No. : 0265-2971314 Web-Site : E - Mail : [email protected]
Background
Madhav Microns – incorporated as a proprietorship firm in 1996 by Mr. Chandresh Purshottamdas Parikh. The Proprietorship firm is conerting in to partnership firm with effect from 01.09.2003 with addition of partner Mrs. Urmilaben P. Parikh (A Mother of Main promoter Mr. Chandresh Parikh). Same partnership was amended and added new two partners Mrs. Smita Cnadresh Parikh and Mr. Raj Chandresh Parikh with effect from 01.09.2010 . The Main promoter Mr. Chandresh P Parikh is well experienced in the various segments of Mineral powder Industry. Their core strengths are technology and Marketing skills.
The main Promoter has started his career with taking Madhav Microns on lease in 1996, than after he has established New plant in Waghodia GIDC name of Mahalaxmi Microns as a partnership Firm . All the partners in this firm are family member. Than he has established one another unit in 2003 as proprietorship firm name of Jay Laxmi Microns at Waghodia GIDC. He has established another plant on name of spouse named M/s Raj Laxmi Microsn at Waghodia GIDC in 2009.
Now they intended to Purchase running plant at Chhotaudepur with land, Building, Plant and Machinery to manufacture 500 Mesh Mineral Powder (Dolomite Powder). The products will be sold to Paints, Colour and ceramic Industries and manufacturers in India and in Regulated and Non Regulated markets. The promoters has already given token amount to the seller. scheduled to payment by 15th April 2011. And start commence from on Madhav Microns by same date.
Promoters’ Brief Profile
Name ProfileMr. Chandresh P Parikh
He is a Engineer and having 24 years of hands on experience in Mineral Powder industries in the field of Projects, Operations, Marketing and administration.He is the overall in charge of the business.
Cost Of Project
Means of Finance
Strengths of the Project
Well Experienced Management Location of the Plant in terms of region and state Strong and well-developed manufacturing base Use of efficient technologies for manufacturing of large number of
Dolomite Powder. Raw Material are easily available from Local Mines. All facilities are designed to meet all national standards such as ISO
9000-2005.
Project Highlights Manufacturing of 500 Mesh Dolomite powder with installed capacity
of 7200 MT Per year.
The unit is running condition.
Sr. No.
Particulars AmountRs. lakhs
1 Land 29.002 Factory Building3 Plant & Machinery 16.004 Margine for W.C. & Cont.
Exp.7.50
4 Total Cost of Project 52.50Sr. No.
Particulars AmountRs. Lakhs
A Promoters’ Funds 20.501 New Capital 20.50B Term Loan from
Bank32.00
5 Total Means of Finance
52.50
The total area of the land is 45,000 Sq. Ft.
Building & Plant area is constructed for 40,700 Sq. Ft.
Plant and machinery already installed and production is going on.
Installed capacity of plant is 7200 MT per year in double shift.
The firm’s turn over is Rs. 97.00 lacs in the F.Y. 2009-10 with existing unit.
Project Implementation Schedule
The Project is ready and commercial production is already going on.
Present Request
Sr. No.
Particulars Rs. lakhs
Proposed ROI/Commissio
n
Proposed Margin
(a)
Fund Based
i. Cash Credit
28.00 At most competitive rates
25%
ii. Term Loan 32.00 25% - Building25% - Plant & Machinery
Grand Total
60.00
Security Offered
Primary
Cash Credit - Hypothecation of Stocks and Book Debts Term Loan - Equitable Mortgage of the land and factory building at
Sr No. 253, Village Runwad, Tal Chhotaudepur, Dist. Vadodara. Hypothecation charge over Plant & Machinery and other assets
created out of the proceeds of the Term Loan.
Collateral
FDR worth Rs. 7.00 lacs
Personal Guarantees of
Mr. Chandresh P parikh
Mr. Raj Chandresh Parikh Mrs. Smita Chandresh Parikh Mrs. Urmilaben P Parikh
1. Mr. Chandresh P Parikh – aged 53 years is the principal promoter of the Firm and is a Engineer. He has done his bachelors’ degree from L. M. College of Pharmacy, Ahmedabad, Gujarat University in 1975. He is having 25 years of experience in Mineral industries in the field of Projects, Operations, and Marketing, etc.
Work Experience
Sr.No.
Name of the organization Position held DurationFrom
DurationTo
1 Mahalaxmi Microns.349, G.I.D.C. Waghodia,Dist Baroda
Partner September
2008
Till Date
2 Jay LAxmi Microns865, G.I.D.C. , Waghodia, Dist. Baroda
Proprietor April 2003
Till Date
3 Raj Laxmi Microns866/867, G.I.D.C. Waghodia, Dist.: Baroda
Technical and Marketing Executive
April 2009
Till Date
4 Madhav MicronsAt & Post Chhotaudepur, Dist. Baroda
Partner 1996 Till Date
Job Profile
Green field Projects - He has an experience of green field projects, renovation and expansion of the facilities. He has handled total 3 projects of Mineral Powder Units.
Operations / Manufacturing
Thoroughly versed with systems and procedures of a modern product manufacturing, day to day operation raw material planning, quality control.
Up gradation of the facility for quality assurance.
To have most productive and cost effectiveness operation by Reduction in cycle time of operation.
2. Mr. Raj Chandreshbhai Parikh – aged 18 years is doing study in BBA3. Mrs. Smita Chandresh Parikh – aged 46 years is an Arts graduate
and is a house wife. She is one of the partner of the firm.
4. Mrs. Urmilaben P Parikh – aged 75 years is a house wife. She is one of the partner of the firm.
Madhav Microns and its products have always been associated with high quality and performance. The company offers a wide range of Dolomite powder in the Local market. Our product is Dolomite Powder of 300 Mesh, 400 Mesh and 500 Mesh.The Dolomite mineral powders are processed from the natural raw mineral lumps using latest technology at our processing unit. They are extensively used in the industries such as Paints, Masterbathces, Coatings, Cosmetics, Pharma, Paper, Rubber, Plastics etc. We offer them at the most discounted rates as against the ordinary market. Moreover, we are acknowledged as one of the trusted Talc Suppliers in the international market
Dolomite Powder offered by us is high on demand in the market. We provide Dolomite Powder to the clients as per their requirements. Dolomite Powder is used in Iron and Steel Industry, Ferro – Manganese Glass, Fertilizer Industry, and Lime: Magnesium Metal, Fertilizer / Extender and Sea–water Magnesia. We supply from Ambaji & Chhotaudepur region prominently with adequate service of timely delivery.Dolomite definition
Diatomite is very porous, hence it has been used extensively as a filter for a variety of purposes.
The History SaysThe oldest use of diatomite is as a very mild abrasive and for this purpose has been used in toothpaste and metal polishes.
Installed Capacity Calculations
Particulars Shift Working Months Shift Installed Capacity
Per Day Days/Month
Per Annum at 60 MT per day
Dolomite
Powder M.T.
1 Machine 1 2 25 12 600 600 72002 Machine 2 2 25 12 600 600 72003 Totals 14400
Manufacturing Process1. Process Description:
Stage: RM receipt
The Products
RM Stores: Materials are received by road from mines checked for weight.Then the material goes to open area. The material received in form of stone of 6 to 12 inches.Stage: RM StorageThe stones are storage in open area and it is moved to direct Crusher Machine. From crusher we get stone of 1 to 2 inches its call “Bhardo”. And storage in specially maintained stores. Stage: ManufacturingSiftingFrom storage it goes to Raymond Mill through conveyer and get finished goods up to 500 Mesh. In Raymond mill there is setting of pulley for getting mesh size. As per order we have to set it and got the finished goods. Through Raymond mill finished goods are directly packed in SDP bags and manually weight on weighing machine for 25 kgs.Stage: FG StorageThe finished powder are store in storage room in 25 kgs and 50 Kgs bags. Stage: Dispatch The FG Products then are sent to the customer as per the PO.
Plant LocationThe plant land is located at Plot no. No. 253, Village Runwad, Tal. Chhotaudepur, Dist. Vadodara admeasuring 40700 Sq. Ft.. The Built up area of the land is 8500 Sq. Ft approx. The plant is consisting of Production Area, Administrative area, Utility building.
Plant and Machinery
The major Plant and Machinery for the project are as under: Crusher 20 X 10 - 1 Nos. Reymond Mill plant – 2 Nos.
Power Requirement The Power Requirement for optimal running of business would be 125 HP. The Firm has arrange power load of 125 HP from MGVCL.
Water Requirement There is no requirement of water during the process. The firm has already installed boaring at plant for dirinking water.
Effluent Treatment N.A.
Utilities N.A.
Approvals / Registrations / Accreditations
The firm has already got the concent of GPCB.
The Infrastructure
The Firm is managed and led by One Partner’ viz. Mr. Kamlesh Dudhara and Mr. Badriprasad Yadav. Further, company proposes to recruit well qualified and experienced team of professionals and workers to smoothen the flow of proposed business activities.The staff will be appointed before one month of commencement of manufacturing operations.
Team List/ Staffing ChartSenior Management Team
Managing and Technical Partner
1
Sub-total 1Operations Team
Production Manager 1Production Technicians 3Production Workers 8 12
Sub-totalOthers
Finance and Administration 1Security Personnel 1House Keeping Personnel 1
Sub-total 3Total 16
Indian Pharmaceutical Market
The product of the applicants is depend upon the Pints market and Ceramic Market. Its both industries are depends upon the market of Real Estate. As we know since last 3 years Real estate market in high demand continuously. We are the supply our product to M/S. Asian paints Ltd. through our Cutmors. We are not directly involve in the Company because the company demanding crddit for more than 120 days and we are enable to provide credit for 45 to 60 days only. And our supplier Like Hindustan Mineral Products Ltd. and Gurukrupa Overseas Trading Co. are the registered vender of the M/s Asian Paints Ltd. In the Indian Market more than 65% stack is hold with asian market. Also know you that our both the customers are registered in Berger Paints Also. So both are registred vender in the most leading company in India. We are also supply our products to Ceramic Industries which is also related to Real Estate Market. The demand of the product is very High.
Organization Structure
Market & Marketing
In Gujarat there is more than 30 companies like us. But they are supply Max. 300 Mesh Dolomite powder and in our new purchase unit we are going to produce 500 Mesh Dolomite powder which highly demanded in the market. The promoters are also trying to get more customers from ceramic Industries.
Key Characteristics of the Indian Pharma Sector
The Indian pharmaceutical market is marked by the following significant features:
o Self-reliance displayed by the production of 70% of bulk drugs and almost the entire requirement of formulations within the country
o Low cost of productiono Low R&D costso Innovative Scientific Manpowero Excellent and world-class national laboratories specializing in processo development and development of cost effective technologieso Increasing balance of trade in Pharma sectoro An efficient and cost effective source for procuring generic drugso especially the drugs going off patent in the next few years;
o An excellent centre for clinical trials in view of the diversity in population.
Factors contributing to the growth of the Real Estate Market
o The growing population of over a billiono With increase the purchasing power of the people, the demand of the
real estate market is high.o A huge demanded in Real Estate.o Increasing incomeso Improving infrastructureo An increase in lifestyle-related.
The following challenges faced by the global Real Estate industry also open up number of opportunities for the Indian Pharmaceutical Industry:
o higher Infrastructure costs,o competition from Local Market,
Future Scenario
o With several companies slated to make investments in India, the future scenario of the Real Estate industry in looks pretty promising. The country's real Eastate industry has tremendous potential of growth considering all the projects.
Marketing
There is an open market for these products. The products will be sold to mostly Paints Industries and Ceramic Industries in India and in Regulated and Non Regulated markets. The promoters having almost 19 years experience in Manufacturing of Dolomite Powder and they have established market and customers for that.List of proposed major Customers:o The Hindustan Mineral co. Ltd – Ankleshwar.o Aashirwad Minerals – Kalyan Bombay. o Gurukrupa Overseas Trading Corporation – Vadodara.o Akar Minerals – Bombay.o All India Mineral Corporation – Bombay.
List of major Suppliers:o Unique Minerals Suppliers – Chhotaudepur.o Saraswati Mining – Chhotaudepur.o Super Mining Co. – Chhotaudepur .o Yuvraj Mining – Chhotaudepur.