Project File

MUSIC PRO AND TENT HOUSE

VILL- REOTITH PS - BAIKUNTGPUR DIST - GOPALGANJ 841409

PREPARED BY
Mohit P Agarwal & Associates
CHARTERED ACCOUNTANTS
GOPALGANJ
BIHAR - 841428
6299033454
E-Mail: [email protected]
 BRIEF INTRODUCTION

PARTICULARS : DETAILS

NAME OF APPLICANT UNIT : MUSIC PRO AND TENT HOUSE

ADDRESS OF THE UNIT : VILL- REOTITH PS - BAIKUNTGPUR DIST -
(REGISTERED OFFICE) GOPALGANJ 841409

CONSTITUTION : Proprietorship

NAME OF APPLICANT : MUSTAK ALI

FATHER"S NAME : ASGAR ALI

DATE OF BIRTH : Thursday, April 6, 1995

QUALIFICATION : 12TH

Caste : OBC

CONTACT NO. : 9508129701

NATURE OF BUSINESS : TENT HOUSE PROJECT

PROJECT COST : Rs. 1,000,000

OWN CONTRIBUTION : Rs 50,000 (5% of The Project)

LOAN APPLIED FOR : TERM LOAN Rs. 10,00,000

RATE OF INTEREST : 12% Per Annum

SUBSIDY/ GOVERNMENT GRANT : Rs. 3,50,000( 35% )

2.076680263
DSCR :

NO. OF PERPSON EMPLOYED : 4

 MUSIC PRO AND TENT HOUSE
VILL- REOTITH PS - BAIKUNTGPUR DIST - GOPALGANJ 841409

MANGEMENT & ORGANISATION CHART

MR MUSTAK ALI S/O Sh. MUSTAK ALI is the key Person behind the spirit of the project. He is an
energetic, dynamic women with ambitions . He is a well- versed bussiness person having sound
knowlegde in different bussiness activities and have experience in the same kind of industry.
Promoters being a reputed person of Baikuntgpur,

The oranization chart will show the present structure of the management as proposed. The major
decision making body of industry to whow affairs and administration of the proposed unit
economic level is to be vested is as under :

Paticulars NO. Salary amount (Rs.)

Manager Self
Labour 4 30,000.00

Total Salary Per Month 4 30,000.00

 BIO DATA OF THE PROMOTER

PARTICULARS DETAILS
NAME OF APPLICANT MUSTAK ALI
FATHER'S NAME ASGAR ALI
ADDRESS OF PROMOTER VILL- REOTITH PS - BAIKUNTGPUR DIST - GOPALGANJ
841409
DATE OF BIRTH Thursday, April 6, 1995
QUALIFICATION OBC
CONTACT NO. 9508129701
MANEGERIAL & FINANCIAL CAPABILITY GOOD
BACKGROUND OF THE PROJECT AS PER PROJECT REPORT
RESOURCES OF FUND FROM OWN SOURCES

CERTIFICATE

I MUSTAK ALI S/O Sh. ASGAR ALI , certify that all the information furnished by me / us is true, that
I/We have no borrowings arrangement for the unit with any bank dues against indicated in the
project report, that there is no overdue/ statutory dues against me/us/ promoters except as
indicated in the report, that no legal action has been/ is being taken against me/us/promoters that
I/we shall furnish all other information that may be required by you in connection with any agency
you may deem fit and you, your representative of KVIC / public sectors and R R banks/ private
sector/ corporation bank / co operative sectors banks as authorize by you, may, at any time, inspect
/ verify my/our assets, books of account etc. in our factory / business premises.

Date Signature of The Borrower

Place GOPALGANJ
 MUSIC PRO AND TENT HOUSE
VILL- REOTITH PS - BAIKUNTGPUR DIST - GOPALGANJ 841409
COST OF PROJECT

Sr. No. Particulars Amount

1 Land and Building 200,000.00
2 Machinery & Equipment 800,000.00
Grand Total 1,000,000.00

FINANCE STRUCTURE

Sr. No. Particulars Amount

1 Margin Money
Own Contribution 50,000.00
Sub Total 50,000.00

2 Land and Building 190,000.00

3 Machinery & Equipment 760,000.00

Sub Total 950,000.00

GRAND TOTAL 1,000,000.00

DETAIL OF FINANCE

SR. NO. PURPOSE TOTAL PROJECT OWN BANK LOAN MARGIN MONEY
COST CONTRIBUTION 95% GRANT (35%)
(5%)

1 Land and Building 200,000.00 10,000.00 190,000.00 70,000.00

2 Machinery & Equipment 800,000.00 40,000.00 760,000.00 280,000.00
TOTAL 1,000,000.00 50,000.00 950,000.00 350,000.00
 MUSIC PRO AND TENT HOUSE
VILL- REOTITH PS - BAIKUNTGPUR DIST - GOPALGANJ 841409

Cost of the project

Particulars Amount

Land and Building 200,000.00

Machinery & Equipment 800,000.00
Grand Total 1,000,000.00

Source of Finance

Particulars Amount

Own Capital 50,000.00

Finance From Bank

Land and Building 190,000.00

Machinery & Equipment 760,000.00
1,000,000.00
 MUSIC PRO AND TENT HOUSE
VILL- REOTITH PS - BAIKUNTGPUR DIST - GOPALGANJ 841409

Loan Requiremen
Amount in Rs.
Particulars Cost / Estimated Price
Own Fund Bank Finance

Land and Building 200,000.00 10,000.00 190,000.00

Machinery & Equipment 800,000.00 40,000.00 760,000.00
1,000,000.00 50,000.00 950,000.00
 MUSIC PRO AND TENT HOUSE
VILL- REOTITH PS - BAIKUNTGPUR DIST - GOPALGANJ 841409

Projected Profitability Statement

Particulars 1st Year IInd Year IIIrd Year Ivth year Vth Year
Gross Receipts
Gross Revenue 1,250,000.0 1,375,000.0 1,512,500.0 1,663,750.0 1,830,125.0

1,250,000.00 1,375,000.00 1,512,500.00 1,663,750.00 1,830,125.00

Labours 562,500.00 618,750.00 680,625.00 748,687.50 823,556.25

Direct expenses 125,000.00 137,500.00 151,250.00 166,375.00 183,012.50
Indirect Expenses 62,500.00 68,750.00 75,625.00 83,187.50 91,506.25
Power And Fuel 62,500.00 68,750.00 75,625.00 83,187.50 91,506.25
Mis expenses 62,500.00 68,750.00 75,625.00 83,187.50 91,506.25
875,000.00 962,500.00 1,058,750.00 1,164,625.00 1,281,087.50

Profit before Interest & Depreciation 375,000.00 412,500.00 453,750.00 499,125.00 549,037.50

Interest on Term Loan 109,000.00 85,000.00 61,000.00 37,000.00 13,000.00

Depreciation 150,000.00 127,500.00 108,375.00 92,118.75 78,300.94
Profit before Tax 116,000.00 200,000.00 284,375.00 370,006.25 457,736.56
Income Tax
Profit After Tax 116,000.00 200,000.00 284,375.00 370,006.25 457,736.56
Interest on Term Loan 109,000.00 85,000.00 61,000.00 37,000.00 13,000.00
Depreciation 150,000.00 127,500.00 108,375.00 92,118.75 78,300.94
Cash Accrual 375,000.00 412,500.00 453,750.00 499,125.00 549,037.50
Withdrawal 10,000.00 10,000.00 10,000.00 10,000.00 100,000.00
Net Cash Accrual 365,000.00 402,500.00 443,750.00 489,125.00 449,037.50
Repayment Obligation 200,000.00 200,000.00 211,111.11 211,111.11 211,111.11

DSCR 1.83 2.01 2.10 2.32 2.13

(Debt Service Coverage Ratio)

Average DSCR 2.08

 MUSIC PRO AND TENT HOUSE
VILL- REOTITH PS - BAIKUNTGPUR DIST - GOPALGANJ 841409
Projected Balance Sheet

Liabilities 1st Year IInd Year IIIrd Year Ivth year Vth Year

Own Funds
Capital 50,000.00 156,000.00 346,000.00 620,375.00 980,381.25
ADD Profit during the year 116,000.00 200,000.00 284,375.00 370,006.25 457,736.56
166,000.00 356,000.00 630,375.00 990,381.25 1,438,117.81
Less : Drawings/Dividends 10,000.00 10,000.00 10,000.00 10,000.00 100,000.00
156,000.00 346,000.00 620,375.00 980,381.25 1,338,117.81

Reserve & Surplus 350,000.00 350,000.00 350,000.00 350,000.00 350,000.00

Loan Fund

Secured Loan
Term Loan 800,000.00 600,000.00 400,000.00 200,000.00 0.00

Cash Credit

1,306,000.00 1,296,000.00 1,370,375.00 1,530,381.25 1,688,117.81

Assets 1st Year Iind Year IIIrd Year Ivth Year Vth Year

Fixed Assets

Machinery & Furniture 1,000,000.00 850,000.00 722,500.00 614,125.00 522,006.25

Less : Depreciation 150,000.00 127,500.00 108,375.00 92,118.75 78,300.94
850,000.00 722,500.00 614,125.00 522,006.25 443,705.31

Subsidy/Govt Grants 350,000.00 350,000.00 350,000.00

Fixed Depoist - - - 350,000.00 350,000.00

Stock - - - - -

Sundry Debtors 55,000.00 85,000.00

Cash in hand 51,000.00 138,500.00 406,250.00 658,375.00 894,412.50

1,306,000.00 1,296,000.00 1,370,375.00 1,530,381.25 1,688,117.81

NET WORTH 506,000.00 696,000.00 970,375.00 1,330,381.25 1,688,117.81

TL/TNW 1.58 0.86 0.41 0.15 0.00

TOL/TNW 1.58 0.86 0.41 0.15 0.00
 MUSIC PRO AND TENT HOUSE
VILL- REOTITH PS - BAIKUNTGPUR DIST - GOPALGANJ 841409

1st Year Iind Year IIIrd Year

Op. Balance Interest Repayment Closing Balance Op. Balance Interest Repayment Closing Balance Op. Balance Interest Repayment Closing Balance

April 1,000,000.00 10,000.00 16,666.67 983,333.33 800,000.00 8,000.00 16,666.67 783,333.33 600,000.00 6,000.00 16,666.67 583,333.33
May 983,333.33 9,833.33 16,666.67 966,666.67 783,333.33 7,833.33 16,666.67 766,666.67 583,333.33 5,833.33 16,666.67 566,666.67
June 966,666.67 9,666.67 16,666.67 950,000.00 766,666.67 7,666.67 16,666.67 750,000.00 566,666.67 5,666.67 16,666.67 550,000.00
July 950,000.00 9,500.00 16,666.67 933,333.33 750,000.00 7,500.00 16,666.67 733,333.33 550,000.00 5,500.00 16,666.67 533,333.33
August 933,333.33 9,333.33 16,666.67 916,666.67 733,333.33 7,333.33 16,666.67 716,666.67 533,333.33 5,333.33 16,666.67 516,666.67
September 916,666.67 9,166.67 16,666.67 900,000.00 716,666.67 7,166.67 16,666.67 700,000.00 516,666.67 5,166.67 16,666.67 500,000.00
October 900,000.00 9,000.00 16,666.67 883,333.33 700,000.00 7,000.00 16,666.67 683,333.33 500,000.00 5,000.00 16,666.67 483,333.33
November 883,333.33 8,833.33 16,666.67 866,666.67 683,333.33 6,833.33 16,666.67 666,666.67 483,333.33 4,833.33 16,666.67 466,666.67
December 866,666.67 8,666.67 16,666.67 850,000.00 666,666.67 6,666.67 16,666.67 650,000.00 466,666.67 4,666.67 16,666.67 450,000.00
January 850,000.00 8,500.00 16,666.67 833,333.33 650,000.00 6,500.00 16,666.67 633,333.33 450,000.00 4,500.00 16,666.67 433,333.33
February 833,333.33 8,333.33 16,666.67 816,666.67 633,333.33 6,333.33 16,666.67 616,666.67 433,333.33 4,333.33 16,666.67 416,666.67
March 816,666.67 8,166.67 16,666.67 800,000.00 616,666.67 6,166.67 16,666.67 600,000.00 416,666.67 4,166.67 16,666.67 400,000.00

1,000,000.00 109,000.00 200,000.00 800,000.00 800,000.00 85,000.00 200,000.00 600,000.00 600,000.00 61,000.00 200,000.00 400,000.00
Intt. C/C - -

1,000,000.00 109,000.00 200,000.00 800,000.00 800,000.00 85,000.00 200,000.00 600,000.00 600,000.00 61,000.00 200,000.00 400,000.00

IVth Year Vth Year

Op. Balance Interest Repayment Closing Balance Op. Balance Interest Repayment Closing Balance

April 400,000.00 4,000.00 16,666.67 383,333.33 200,000.00 2,000.00 16,666.67 183,333.33

May 383,333.33 3,833.33 16,666.67 366,666.67 183,333.33 1,833.33 16,666.67 166,666.67
June 366,666.67 3,666.67 16,666.67 350,000.00 166,666.67 1,666.67 16,666.67 150,000.00
July 350,000.00 3,500.00 16,666.67 333,333.33 150,000.00 1,500.00 16,666.67 133,333.33
August 333,333.33 3,333.33 16,666.67 316,666.67 133,333.33 1,333.33 16,666.67 116,666.67
September 316,666.67 3,166.67 16,666.67 300,000.00 116,666.67 1,166.67 16,666.67 100,000.00
October 300,000.00 3,000.00 16,666.67 283,333.33 100,000.00 1,000.00 16,666.67 83,333.33
November 283,333.33 2,833.33 16,666.67 266,666.67 83,333.33 833.33 16,666.67 66,666.67
December 266,666.67 2,666.67 16,666.67 250,000.00 66,666.67 666.67 16,666.67 50,000.00
January 250,000.00 2,500.00 16,666.67 233,333.33 50,000.00 500.00 16,666.67 33,333.33
February 233,333.33 2,333.33 16,666.67 216,666.67 33,333.33 333.33 16,666.67 16,666.67
March 216,666.67 2,166.67 16,666.67 200,000.00 16,666.67 166.67 16,666.67 0.00

400,000.00 37,000.00 200,000.00 200,000.00 200,000.00 13,000.00 200,000.00 0.00

Intt. C/C - -

400,000.00 37,000.00 200,000.00 200,000.00 200,000.00 13,000.00 200,000.00 0.00