No: B/1, Udyog Sadan No.3, MIDC, Andheri (E), Mumbai, Maharashtra - 400093
Phone: 40334300 Fax: 28364045

Public Issue of 6496000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 56.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
28/09/201803/10/201866.00 -
Lead Managers Registrar Listed at
ARYAMAN FINANCIAL SERVICES LIMITED
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,, Makwana Road,
Mumbai, Maharashtra - 400059
Phone: 62638200 Fax: 62638299
NSE
Object of the issue

The objectives of the issue is to raise funds for:

(a) Working Capital Requirements

(b) General Corporate Purposes.

Promoted by

The Promoters of the Company are Mr. Vinay Uchil, Mr. Venkatesh Uchil and KDU Enterprises Private Limited.

1. Mr. Vinay Uchil : He is aged 47 years, is the Chairman & Whole-Time Director and also Promoter of the Company. He completed B.E. in Instrumentation from Swami Vivekananda College, Mumbai in the year 1992 and thereafter completed MBA (Finance) from Narsee Monjee Institute of Management, in the year 1994. He has 20 years of experience in this Segment. He joined “M/s. Marine Electricals”, a proprietorship concern by Late Krishnappa Uchil in 1999 and since then he is actively involved in Marketing, Finance and Administration functions of the Solar & Marine Division of the Organisation. Currently, He is involved in getting the orders from Defense and Public sector undertakings dealing in Shipping. His contribution was instrumental in expanding the business of the Company to a new height by diversification of the business into difference verticals i.e. Defense, Shipping, Marine & Non- Marine Sectors & Renewable Energy.

PAN : AAAPU0912B

Passport Number : Z4485690

Bank & Branch : Syndicate Bank, Marol

Bank A/c No. : 50333010014140


2. Mr. Venkatesh Uchil : He is aged 41 years, is the Managing Director and Promoter of the Company. He completed his B.E (Electronics and Telecomm Engineering) from University of Mumbai in the year 1999. He has also Completed Post Graduate Diploma in Management from S.P Jain Institute of Management, Mumbai in the year 2002. He has 20 years of experience in this Sector. He joined “M/s. Marine Electricals”, a proprietorship concern by Late Krishnappa Uchil in 1999 and since then he was actively involved in procurement, production and technical areas of the entity. He played an instrumental role in strategising and expanding the proprietorship concern to partnership firm and later a Company form of organisation. He started focusing on the marketing Division of the Company and got the orders from various industry / offices / Banks for automation, power management systems & control centers and electrification areas. He has actively participated in timely execution of the Industry orders. He has been guiding force behind the growth and business strategy of the Company.

PAN : AAJPU7400P

Passport Number : Z3395813

Driving License : MH0320150016067

Bank & Branch : Syndicate Bank, Marol

Bank A/c No. : 50322010014169


3. KDU Enterprises Private Limited : The Corporate Promoter was incorporated as Sterling Stationary Industries Private Limited under the Companies Act, 1956 on July 22, 1982 with the Registrar of Companies, Mumbai. Subsequently, the name of the Company was changed to KDU Enterprises Private Limited pursuant to a Fresh Certificate of Incorporation Consequent on Change of Name dated September 19, 2008 bearing registration No. 027850 issued by the Deputy Registrar of Companies, Mumbai. Its registered office is situated at B-2, Udyog Sadan No.3, Marol Industrial Area,M IDC Opp. Seepz, Mumbai - 400093

The Promoters and Promoter Group holds 100.00% equity shares of this Company. KEPL currently holds 1,26,81,375 Equity Shares of the Company which constitutes 70.31% of the Pre-Issue paid up capital of the Company. The Post-Issue Shareholding will be 51.69 %. For details of the build-up of KEPL’s shareholding in the Company, please see “Capital Structure - Notes to Capital Structure” beginning on page no. 67 of this Red Herring Prospectus. Further, we confirm that compliance with SEBI (SAST) Regulations and Listing Regulations was not applicable, since shares of the Company were not listed on any Stock Exchange in India at the time of the said acquisitions.


PAN : AACS0776Q

Company Registration Number : 027850

CIN No. : U31401MH1982PTC027850

Date of Incorporation : July 22, 1982

Address of ROC with which the Company was registered : Everest, 100, Marine Drive, Mumbai – 400 002.

Bank & Branch : Syndicate Bank, Marol

Bank A/c No. : 50321010006572