Jasco Paper
Products
By Rajeev Kumar
PF No. 304698
Company Profile
M/s Jasco Paper Products is a Partnership firm
incorporated in 2008
Head office:
Chandigarh
Work place:
Nalagarh, (H.P.)
Manufacturing:
Boxes, Printed Mono Cartons &
Packing Material
Partners: Raminder Matta, Ravdeep Singh,
Parminder Singh, Gurdeep Singh
Industry: SME
Customers:
MDC Pharma, Baddi & Ultratect
Pharma, Baddi, ITC
Suppliers:
ITC, Hyderabad & Shanti Sales, Baddi
Credit Rating: A+ (Score: 68.04%)
Rating by Agency:
SSI Rating-SE-2A by ONICRA
(HPC & HFS)
Credit Facility
Facilities Already Availing
CC limit:
Term loan:
Sanctioning Authority:
25 lac
53 lac
DGM
Proposal for Renewal-Cum-Enhancement
CC limit:
Sanctioning Authority
70 lac
DGM
Documentation before
Sanction
Name of the Partners & their all bank A/cs Details
Estimations & Projections of Project
Audited Balance Sheet of the firm
Detail of Collateral Security mortgaged
Fresh Valuation Report of I.P. from approved Valuer
Status of Accounts of Associate Allied companies
Confidential Reports of the firm and partners
CIBIL Reports
Latest I.T.R. of Firm and Partners
PNB Trac Rating
Pre-Sanction Appraisal
Financial Analysis
Partners capital/TNW
The partners capital remained at Rs. 71.62 Lac as at
31.03.2010 as against Rs. 61.37 Lac as at 31.03.2009.
Sales
The actual turnover for the year 2009-10 remained at
Rs. 248.07 Lac as against Rs. 190.81 Lacs for the
previous year depicting increase of 30.52%. However,
the actual sale was low than estimated 313.5 lacs
remained low on account of delay in start of production
for corrugated boxes
Profitability:
Despite actual low sale vis--vis estimated for the year, the
remained at Rs. 48.00 Lac as against estimated of Rs. 46.99 Lac.
The cash profit during year ended 31.03.2010 remained at Rs.
59.36 Lac.
For the current year ending 31.03.2011, the PBT and Cash
Accruals is estimated at Rs. 48.82 Lac and Rs. 58.29 respectively.
Current ratio: The current ratio is 1.59 at 31.03.2010 remained
much above the benchmark with slippage vis--vis as at
31.03.2009 on account of higher level of current assets &
liabilities
Debt Equity Ratio: The debt equity ratio remained at 0.65
The overall working results and financial position of the firm
remained satisfactory.
MPBF as per Traditional
Method
Months Holding
last accepted
Months Holding
now estimated
Accepted for assessment
Year 2010-11
Raw Material
2.00M
1.00 M
21.17
Stock-in-process
0.30M
--
--
Finished Goods
0.50M
0.60 M
14.52
Consumable
3.00M
LS
00.32
Sundry Debtors
2.00M
3.00 M
90.00
Item
Total Chargeable Current assets
126.01
Other Current Assets
4.67
Total Current Assets
Sundry Creditors
Other current Liabilities
Working Capital Gap
135.76
00.45M
01.25 M
26.47
02.50
106.79
Minimum stipulated margin 25% of CA
33.94
Estimated Margin for Working Capital
36.80
PERMISSIBLE BANK FINANCE
70.00
Security
A. Primary
For working capital limits:
Hypothecation of stocks i.e. raw material, stock in process,
finished goods and consumable stores.
Hypothecation of debtors arising out of genuine Trade
transactions
B. Collateral :
Hypothecation/ Mortgage of Block Assets Immovable
Properties- Market value of Rs.195 lacs and Realizable
value of Rs. 156 lacs
Personal Guarantee of Partners
Name of
Guarantor
Parvinder Singh
Net means (In
Lacs)
143.85
Gurmeet Singh
217.62
Ravdeep Singh
05
Raminder Singh
03
Strong Points
The promoters are Qualified and Experienced.
Mature industry with strong manufacturing base
with capacity to produce quality Produce.
Well-developed engineering base to produce wide
range of Printing equipment and machinery.
The boom in Pharma sector Baddi is a big place for
Pharma Companies has created Demand supply gap
to printing and packing Industry. Moreover one of
the partner is also director in MDC Pharmaceutical
Pvt. Ltd. which shall purchase the finished good of
the proposed firm. MDC is also dealing with our
branch.
Justification
The firm has satisfactory dealing
with Bank since 1998
The all A/cs of the Group are
Regular
Baddi, the place where unit is
located has emerged as one of Asias
largest Pharma Hub due to various
huge demand of Packing Products
Thank You
