1. Company Profile
OF
SUPRA PACIFIC MANAGEMENT
CONSULTANCY LIMITED
REGISTERED & CORPORATE OFFICE:
402, 4th Floor, Apollo Complex,
R. K. Singh Marg, Off Parsi Panchayat Road,
Andheri (East), Mumbai – 400 069
Phone: +91-22-28240444, Email Id: info@suprapacific.com, www.suprapacific.com
CIN: L74140MH1986PLC039547
1st December 2016
2. (1) Profile of the Company
Name of the Company
Supra Pacific Management Consultancy
Limited
Registered& Corporate Office
Address of the Company
402, 4th Floor, Apollo Complex,
R. K. Singh Marg, Off Parsi Panchayat
Road, Andheri (East), Mumbai – 400
069
Telephone No. +91-22-28240444 / 28216736
Email Id info@suprapacific.com
Website www.suprapacific.com
Date of Incorporation 11/04/1986
CIN of the Company L74140MH1986PLC039547
ISIN of the Company INE268T01015
Name of the Stock Exchange where
the Shares of the Company are
listed Bombay Stock Exchange
Our Scrip Code on Bombay Stock
Exchange 540168
(2) About the Company:
Supra Pacific Management Consultancy Limited was incorporated on
11/04/1986 as a Private Limited Company & it was subsequently converted to
Public Ltd Company. It had made a public Issue during the year 1996. Then its
equity shares were listed on Pune Stock Exchange and Ahmedabad Stock
Exchange on 23/08/1996.
However, there were not much trading activities on these two Stock Exchanges.
Also, the company did not carry out housing finance business. Thus the
company remained almost inactive for about 20 years. Now we have it listed on
the Bombay Stock Exchange on 28/10/2016.
(3) Brief Financial Past History - 1996-2016 (20 years):
In the year 2014-15, shareholders’ approval was obtained for direct listing on
BSE as per SEBI guideline.
During the year 1999, the company had obtained RBI registration as NBFC.
There has been regular reporting to RBI, ROC, Stock Exchange, SEBI, Income
Tax dept. and other authorities. Regular Audits, AGMs, and EGMs have been
conducted as required under various laws.
Thus, Company was legally operative but did not conduct any significant
business except that equity corpus fund was safely deployed. There was no loss
but normal profit.
3. (4) BSE listing:
As per the BSE norms, our company was designated as “Compliant Company”.
Our equity shares were dematted as required. We had past 3 years profit track
record. We had Rs. 5.5 Crs paid up capital and more has 1000 shareholders.
After completing BSE procedure, our Company got BSE listing on 28/10/2016.
Our Board of Director has taken decision to carry on NBFC related activities
aggressively. In our AGM on 28/09/2016, the shareholders have authorized the
Directors to borrow fund up to Rs. 500 Crs. Now this is well set to carry out
NBFC activities in big way.
(5) Credit Lines Approvals From Banks/Financial Institutes:
(a) Credit Line From Financial Institute – SICOM has granted our company
credit line up to Rs. 100 Crs to borrow from them for NBFC activities like
Project Funding etc.
(b) Credit Line From Private Bank – Indusind Bank has granted our company
credit line up to Rs. 100 Crs to borrow from them for NBFC activities like
Bill Discounting, Funding Bank Guarantee, Project Funding etc.
(6) Operations during Period October 2016-March 2017: Since completing BSE
listing procedure, we are embedding professionally qualified Directors on the
Board, setting up Internal Administration, establishing Credit limits with
Bank/Financial Institutes and liasioning with associates/bankers, etc. The
company has on hand business and hopes disbursement up to Rs. 200 Crs by
March 2017.
(7) Future Planning- First Series NCD Issue: The company has started negotiation
with HNI investors and has received In-principal consent from them to
subscribe in its NCD issue up to Rs. 50 Crs in near future.
The company is planning to open NCD issue during December 2016/ January
2017 for open Rs. 30 Crs to Rs. 50 Crs in accordance with guidelines of
SEBI/RBI/BSE.
The debenture will be issued on Private Placement basis in demat form.
(8) NOF Planning:
At the moment our Networth is about Rs. 6 Crs..When we complete NCD issue
of Rs. 30 Crs, our NOF will be around Rs. 35 Crs. This will enable us to borrow
upto Rs. 200 Crs for project funding by March 2017.
(9) Further Series Of NCD/Right Equity Issue/Placement Of Equity Shares
Abroad During Financial Year 2017-2018.
The company has started taking long terms action and has started negotiation
with strategic investors for subscription of NCD, Right Issue, Private Placement
Equity etc. which will take our NOF from Rs. 35 Crs to Rs. 200 Crs by March
2018.
4. This will enable us to borrow upto Rs. 1000 Crs from Banks and Financial
Institute in India and Abroad.
By March 2018, we are planning to reach fund disbursement of Rs. 1000 Crs.
(10) Operations Abroad
RBI has opened gates for receiving funds in NBFC from abroad in a much
easier way. We are appointing few senior known management persons as our
Associates and Directors to seek fund for project finance and our instrument
finance etc.
Our efforts will show the result very soon.
(11) Business Model:
(a) Funding NPA Projects / NPA Assets:
As per estimates, the bank loan / asset valuing about Rs. 15 Lakh Crores
with all business is currently classified as NPA/ SEMI NPA.
Normally, NPA assets are sold by lenders / Financial Institutes in the open
market to recover bad loans. However, the lenders have utterly failed in
recovery by openly selling assets.
(b) Role of Asset Reconstruction Companies (ARC) & NBFC:
There are about 30 active RBI registered Asset Reconstruction Companies
(ARCs) to take over NPA Account from funder and dispose off the assets.
However, in view of huge NPA accounts and small number of ARCs, the
settlement of NPA account was not significant.
(c) New Guideline from RBI:
During September 2016, RBI realized that these small numbers of ARCs are
not sufficient to help Banks to wipe out NPAs. Hence RBI has issued
circulars to all the banks and lenders that they can directly refer NPA
accounts to NBFCs who can help to dispose off the NPA assets within
framework of law.
This has open flood gates of opportunities for NBFCs like us. Through our
network of associates in India and Abroad, we will be able to take over huge
amount of NPA accounts in due course.
Be partner in our prosperity.
Join hands with us as Associate, Funder, Shareholder or Borrower etc. and let
us prosper together.
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