CAPITAL STRUCTURE
- Authorized Capital = Rs.300 millions
- Issued Capital = Rs. 300 millions
- Paid up Capital from Promoter Shareholders = Rs. 210 millions
- Paid up Capital from General Public = Rs. 90 millions
The company will be issuing 33.33% (i.e. Rs. 100 millions) of the issued capital to General People as Promoter Shareholders in nature of Preferential Convertible Promoter Shares. These shares will be earning 9% yield in the form of shares only for the first two years from the date XX XX XXXX and will be converted to normal promoter shares which will eventually convert to general public shares three years after the issue of public shares through initial public offerings.
The company will be issuing 30% (i.e. Rs. 90 millions) of the issued capital to General Shareholders. Out of this 10% (i.e. Rs. 30 millions) was provisioned to public of project affected area and remaining Rs. 60 millions to General Public (including staffs of the company and mutual fund).
Issue for public of project affected area will be opened from XX XX XXXX to XX XX XXXX and allotment will be done on XX XX XXXX. Similarly, issue for general public will be opened from XX XX XXXX to XX XX XXXX and allotment will be done on XX XX XXXX.
Estimated cost of the Project is Rs.900 millions, out of which Rs.600 millions has been arranged through consortium bank loan and remaining will be the investment from shareholders. The bank loan will be paid in 12 years.
Detail of Consortium loan;
| S.N | Name of Bank or Financial Institution | Investment (Rs.Millions) | |
| 1 | XXXX Bank Ltd | Xxx | |
| 2 | XXXX Bank Limited | Xxx | |
| 3 | XXXX Bank Limited | Xxx | |
| 4 | XXXX Bank Limited | Xxx | |
| 5 | XXXX Bank Limited | Xxx | |
| 6 | XXXX Bank Limited | Xxx | |
| Total | XXXX | ||
At present, company has banking transactions with XXXX Bank, XXXX Bank, XXXX Bank, XXXX Bank and XXXX Bank respectively.
Notes: Above mentioned dates are tentative dates for doing so as per company plans and are subject to change as per differing circumstances in future