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Home >> General Public User >>Industrial Policy>>India >>Andhra Pradesh Industrial Policy>>Application Form for Long Term Loan in Andhra Pradesh


Application Form for Long Term Loan in Andhra Pradesh

Application Form for Long Term Loan in Andhra Pradesh


List of Information to be submitted for Financial Assistance:-
  1. Three hard copies of application for financial assistance (soft copy to be obtained from APIDC).
  2. Three copies of project report.
  3. Details of properties/solvency (movable and immovable) held in the name of the promoter directors in triplicate.
  4. Properties proposed to be offered as collateral security for the financial assistance sought.
  5. Details of personal guarantees of the promoters, if any, given to Banks/Financial Institutions.
  6. Details of existing units, if any, and the annual reports of the same.
  7. Name & Address of the Bank for obtaining credit report.
  8. Any other relevant information.
Please enclose DD/BCs towards the service charges / front end fee drawn in favor of "APIDC Ltd." payable at Hyderabad as per following details:

Assistance sought Fee to be paid(along with application)
  1. Equity Participation 2.50% of amount applied
  2. Term Loans 0.25% of amount applied
  3. Appraisal for Public Issue 0.25% of the cost of the project
List For The Information/Documents (Copies) To Be Submitted By Entrepreneurs For Appraisal

(There would be certain additions to this list according to specific nature of project)

(Please check against each item and write ‘Yes’ if it is enclosed. ‘No’ if it is not enclosed and ‘NA’ if the concerned document is not applicable. Please enclose all the necessary documents, so that processing of your case can be done without further correspondence on this with you by APIDC/IDBI)
  1. Project:

    2. a. Detailed Project Report whether enclosed please check.

  2. Promoters:

    3. a. Bio-data of the promoter Directors and their address.
    b. Name of their Bankers and letters requesting the Bankers to send their reference to APIDC.
    c. Income Tax/Wealth Tax returns for the last three years for all the Promoter Directors.
    d. Property Records. Statement of assets for all private promoters.
    e. Audited Annual Reports of previous 3 years for existing units along with analysis.
    f. Last 3 years Annual Reports for the companies in which the promoter Directors are having major interest.
    g. Audited Balance Sheet and profit and loss account statement of the company as on date (latest).

  3. Land:

    4. a. Lease/Sale/Hire Purchase agreement/Allotment letter from APIIC or registered title deed from private owner with site and cost.

  4. Buildings:

    5. a. Detailed building plans and estimates.
    b. Layout of factory and plan layout.

  5. Process:

    6. a. Details of process with process flow diagrams and material balance charts where ever applicable.
    b. Agreement/contract with supplier of process/technology.

  6. Plant And Machinery:

    7. a. Detailed quotations for indigenous machinery and imported machinery (CIF value) with illustrative leaflets from the suppliers indicating the machinery specifications (minimum three quotations).
    b. Comparative statement of quotations and the source from where it is planned to be procured.
    c. Credentials of the major machinery suppliers.
    d. Contract entered with the machinery suppliers/erectors.
    e. Certificate for expected useful life for second hand machinery item, in case these are planned to be bought.
    f. Terms and conditions of deferred payment if the machinery is brought against this facility.

  7. Raw Material:

    8. a. Allotment of raw material/letter agreeing to supply the quantum envisaged/contact entered with raw material supplier.
    b. Specifications sheet giving specific raw material consumption per unit of the finished product.
    c. Quotation for price for Raw Material.

  8. Utilities:

    9. a. Sanction letter from Electricity Board indicating quantum and rate.
    b. Sanction letter from competent authority for drawing water from river, canal and other water bodies.

  9. Market:

    10. a. Market survey report.
    b. Copy of sales agreement long term as well as short term.

  10. Effluent Disposal:

    11. a. Permission from Pollution Control Board.
    b. Permission from Panchayat Samithi etc.

  11. Profitability:

    12. a. Cash flow and profitability statements for a period of 10 years.
    b. Quotations in support of sales price in local as well as export market; International price F.O.B. price for export and CIF price for imports.
    c. Quotations for various raw materials/bought out sub-contracted items. International price F.O.B. price for export and CIF price for imports.

  12. Financial Arrangements:

    13. a. Terms and conditions on which the term loans have been sanctioned by other.

  13. Institutions:

    14. a. Terms and conditions on which the other institutions like Research laboratories etc. participate in this scheme.
    b. Letter from Bankers, agreeing to finance for working capital.
    c. Tie-ups made with Bankers and other financial institutions, brokers, for underwriting.
    d. Terms and conditions on which the deferred payment facility has been arranged.
    e. Terms and conditions on which the Bank/Government/Insurance Companies have provided the guarantee.

  14. Government Approvals:

    15. a. DGTD Registration/Letter of Intent/Industrial License.
    b. Capital Goods, Clearance & Import License.
    c. Approval for foreign collaboration and a copy of foreign collaboration agreement.
    d. Approval under the MRTP Act.
    e. Approval under FERA.
    f. Permission from Controller of Capital Issues.
    g. Permission for employing foreign nationals.

  15. Miscellaneous:

    16. a. Memorandum and Articles of Association.
    b. Certificate of Incorporation.

Instructions To Be Followed
  1. Only companies or firms registered in India are eligible for financial assistance from the Corporation, (Long and Short term loans for capital assets and underwriting of shares, stocks, debentures etc., guarantees for the performance of any contracts and obligations, guarantees for accommodation from Banks etc., come under “financial assistance”);


  2. Application should be completed and forwarded in FOUR copies typed on one side only and inapplicable portions being scored through. Additional sheets may also be used if the space in the form is inadequate;


  3. Documents to be attached.(Copies should be certified by the Chairman or the Secretary in respect of Public or Private Limited Companies;

    4. i) Certificate of Registration under Section 10 of the Industries (Development and Regulation ) Act, 1951
    ii) License obtained under Section 13 of the Industries (Development and Regulation Act, 1951, if the scheme envisages substantial expansion;
    iii) Certificate of Incorporation
    iv) Certificate of Commencement of Business
    v) Memorandum and Articles of Association up-to-date (three copies), mentioning the date
    vi) Prospectus or Statement in lieu of Prospectus
    vii) Debenture Trust Deed, if any
    viii) Mortagages and other documents
    ix) Documents in respect of arrangements made with the Banks
    x) Three copies each of the audited Balance Sheets of the Company, Profit & Loss Accounts, Directors’ Reports, and the Auditors Reports, explaining fully in respect of the items Criticized by the Auditors for the last five financial years of the company
    xi) Proforma Balance Sheet of the Company up to the date of application duly certified by the Auditors or a responsible Officer of the Company, with a note of significant change in the financial position
    xii) Resolution of the Board of Directors/Letters of Attorney from the individual Partners of the Partnership firm, authorizing an Officer/Partner to put in application to the Corporation, appointing some Directors/Partners to execute the legal documents in respect of loan/other financial assistance as and how sanction by the Andhra Pradesh Industrial Development Corporation Limited and also authorized some Officer/Partner of the applicant concern to draw the sanction amount from the Corporation
    xiii) Resolution of the General Body, Passed in terms of Section 293 of the Companies (Amendment) Act, 1960, empowering the Board of Directors of the applicant concern, in the case of the company, to borrow in excess of the paid-up capital and free reserves

  4. Please remit the “Investigation fees” and ‘Service Charges’ along with the application. The fees paid are not refundable irrespective of the eventual outcome of the Application.


  5. Please fill in all the ‘Columns applicable’ and avoid answers such as Refer Project Report etc. to enable us for quick processing.


Ref. No. Dated.....................

To,
The Vice Chairman & Managing Director
Andhra Pradesh Industrial Development Corporation Ltd
Parisrama Bhavan
Basheerbagh
HYDERABAD-500 029.

Dear Sir,

Sub: Application for loan/other financial assistance.

We................................................................................................ a company registered under the Indian Companies Act, 1913/Companies Act, 1956 as amended under the Companies (Amendment) Act,1960, apply for financial assistance as detailed below:
1. Participation in Share Capital
Equity in (Rupees):
Preference in (Rupees):
Assistance requested as %age of total share capital:

2. Term Loan in (Rupees):
3. Any other assistance
(Please specify Rupees):

We submit the necessary particulars in the application attached hereto.
We enclose a cheque/Draft No................................. Date.........................................................
For Rs...................................................... towards investigation fee of Rs.................................. and
Service charge of Rs.....................................

Yours faithfully,

Name of the Applicant

Signature:

Name of the Company: ...........................
Project: .....................................................
The Project At a Glance
  1. Product & Installed capacity:

    2. a) Envisaged capacity utilisation: 1Yr II Yr III Yr IV Yr

  2. Promoter and his background in brief:


  3. Proposed location:


  4. Land Requirement:

    5. a) Land acquired from:

  5. Raw material requirement along with

    6. Specific Consumption/unit:
    a) Availability of Raw Material:
    b) Suitability of Raw Material:

  6. Utility requirement and source:

    7. a) Power:
    b) Water:
    c) Coal:
    d) Furnace Oil:

  7. Know-how:

    8. a) Tested where:
    b) Scaling up:
    c) Agreement:
    d) Terms:

  8. Major Machinery Supplier:


  9. Direct Employment:


  10. Project Implementation time:

    11. 10.a) Present status of the project:

  11. Market (Present)

    12. Present Import Export Total Demand
    Installed Operating Capacity:
    (Projected) Addition Installed
    Import Export Total Demand to capacity
    Existing Manufacturers & their

    Performance:

    Major consumers of this product &
    Long Term Marketing Tie-Up:

  12. Cost of Project

    13. a) Land & Development:
    b) Building & Civil construction
    Contingencies on civil works:
    c) Plant & Machinery including stores & spares:
    Contingencies on Plant & Machinery:
    d) Detailed Engineering fees:
    e) Pre-operative expenses:
    f) Miscellaneous fixed assets:
    g) Margin money for working capital:
    _____________________________
    Total _____________________________

Common Application For Financial Assistance In Respect Of Industrial Concerns – Where Assistance By Way Of Either Term Loan Or Working Capital Is Above Rs.10 Lakhs (Applicable To New Projects, Expansion, Diversification And Modernisation Of Existing Projects. Does Not Apply To Only Renewal Of Exising Working Capital Facilities)

Date:

1.01 Name of the Industrial concern (in block letters)

1.02 Address and Telephone Nos. Telegraphic address/Telex No.
a) Registered Office (in case of Corporate Bodies only)
b) Controlling (Head Office)
c) Factory (existing and proposed)
d) Address for correspondence
e) It is a backward area eligible for concessional finance from institutions/ Central/State subsidy.

1.03 Constitution.
a) State where a proprietary/partnership/private limited/public limited concern or co-operative society. In the case of partnership and limited Company’s indicate the name of Managing partner/ Managing Director.
b) Date of incorporation/registration/ commencement of business (if the unit was purchased give details from whom and when purchased and for what consideration).
c) Name of the business house/group if any, to which the concern belongs and the list of other companies in the same group. Details of associate/subsidiary concern or Concerns in which the promoters are Interested.
d) Is the MRTP Act applicable to the Company? If so, have you obtained the necessary Clearance from the Government?

1.04 Industry
a) Name of product(s) manufactured/to be manufactured and their uses.
b) Details of by-products, if any, and their uses.
c) Whether it is a small scale industry, if so, details of registration.




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