Our Company incorporated on September 10, 2008, specializes in the manufacturing and supply of Glass Fiber ReinforcedPolymers (“GFRP”)/Fiber Reinforced Polymers Products (“FRP”) composite/constituency products which providescorrosion-resistant, tensile strength and insulating Glass Fiber Reinforced Polymer (GFRP) solutions which can be usedas a substitute for steel bars/rebars. We produce dent-resistant, low thermal expansion, corrosion resistant, and insulatingGFRP. Our offerings include GFRP Rebars, GFRP Granting Walkways, GFRP Pipelines, GFRP Tubes, GFRP Fencingfor Transformers, GFRP Cable Trays, and other related products designed for industrial, energy and marine’s sectorsconstruction and industrial applications. In addition to our core business, the company acquired the ongoing business ofour promoter, ‘M/s ARC Insulation & Insulators,’ a sole proprietorship, through a business transfer agreement dated June01, 2009. Under our brand name “ARC”, we supply our products for application in diverse industries includingInfrastructure, Power, Cooling Tower, Chemical, Composite, Electrical Substation, Mining and others. For moreinformation, please refer to the section titled “History and Other Corporate Matters” starting on page 180 of this DraftRed Herring Prospectus.We have one manufacturing plant which is located at Ramdevpur Village, Parganas South (West Bengal) (“ManufacturingFacility”). Our Manufacturing Facility has separate seamless and welded divisions with latest product-specific equipmentand machineries including Universal Testing Machine, Electronic Extensometer, GFRP Rock Bolt Making Machine,APC-2.01, Aluminium Casting Heater, 4-2 Boring Deptyhal etc. Further, we have a storage facility at our ManufacturingFacility for the purposes of holding inventories of raw material as well as finished products which ensures stability ofoperations.
1. Project Name: Capital Expenditure towards set up of Factory shed for New Manufacturing unit
Project Cost: 35.738
2. Project Name: Capital Expenditure towards Purchase of Plant & Machinery for New Manufacturing unit
Project Cost: 37.722
3. Project Name: Purchase of New Office Space
Project Cost: 44.365
4. Project Name: Repayment/Pre-payment of Certain Debt Facilities
Project Cost: 15.327
5. Project Name: Working Capital Requirements
Project Cost: 427.718
1. Manish Bajoria
2. Swabhumi Distributors Pvt Ltd.
3. Neelam Bajoria
4. Manish Bajoria Huf
5. Ashish Bajoria
Data not availble