PROJECT REPORT

ON

FISH & PRAWN FOOD

Registered Office:
7-260/1, K P R Colony, Vasanth Nagar,
Kanuru Village, Penamaluru Mandal,
Krishna Dist, Andhra Pradesh

Unit:
R S No 36/3, Tadigadapa Village,
Penamaluru Mandal,
Krishna Dist, A.P

Page 3 of 58

EXECUTIVE SUMMARY
Name of the Company
Registered Office

Particulars

7-260/1, K P R Colony, Vasanth Nagar, Kanuru Village, Penamaluru Mandal,

Krishna Dist, Andhra Pradesh

of

Proposed

Project

(Products,

installed

Project
capacity)site location

M/s SPANDANA FEEDS

Aqua Feed ( Fish & Prawn) with an Installed Capacity of

9000 Tons Per annum

R S No 36/3, Tadigadapa Village, Penamaluru Mandal, Krishna Dist, A.P

and area
Location Advantages

The proposed location is 10.00 Km from Vijayawada and about 48

Km from Amaravati. The location is near to Krishna, Guntur, East &
West

markets. The availability of labour at Penamaluru Village is

economical. Ground water is also available at plenty.

Firm Profile

The firm M/s Spandana Feeds is for Aqua ( Fish & Prawn ) Feeds
having the which was being one of the largest Feed Producer in and
around Vijayawada.
This profile envisages the establishment of a Aqua Feed for the
production of Fish & Prawn with an annual capacity of 9000 Tons.
Name of the Promoters:

Sri Gavini Radha Krishna Murthy

Sri Kannegant Venkata Suresh Kumar

Project Cost / Means

of Finance

The Total Project cost for the proposed unit is estimated

and works out to Rs. 77.25 Lakh

The project is proposed to be funded through term loan

from bank to an extent of Rs. 42.94 Lakh and Equity of Rs.
34.31 Lakh

The Debt Equity Ratio of the project works out to 1.79:1

Page 5 of 58

S.NO

DESCRIPTION

COST
(PROPOSED
)
-

Loan Eligibility

Loan

Margin

Land

COST
(ORIGINA
L)
OWN

OWN

Buildings

OWN

100.00

67%

67.00

33.00

Machinery

57.25

200.00

75%

193.00

64.25

Working

20.00

80.00

100.00

77.25

380.00

260.00

197.25

Capital
Margin
Total

Means of Finance: Debt/Equity

Capital

: 197.25

Loan Component
Term Loan

: 260.00

Working Capital Loan

: 300.00

Total

: 560.00

Promoters Contribution

: 35.23 %

Power

: 150 HP

Employment

: 10 Nos

Process
Raw

The firm proposed to Aqua Feed by a simple and proven

Process.
Materials

The raw materials & consumable required for the unit are

&

DOB, Dry Fish, Rice Brokens, Mineral Mixture, Maize, Wheat

Consumables

Powder, Packing Material per annum.

Utilities

Power: The total connected load to the plant is 150 HP. Water:
Water is required for domestic 10KLD purpose. There is one
bore well present and no scarcity in water.
Page 4 of 58

Pollution Control: The technology adopted by the company is

eco friendly.
Market Arrangements

The company is in the process of having tie-ups with the clients.

Approvals

M/s Spandana Feeds has obtained approval from NOC

order

for

establishment

from

AP

Pollution

Board,

Consent
Electricity

Feasibility certificate from The APEPDCL, Consent from Factories

Interest Rate

department.
Interest for Tem Loan and working capital is considered at 12.50 %
and
12.75 % respectively

Repayment Period
The term loan is scheduled to ray in 84 equated monthly
installments after a moratorium period of one year from the date of
disbursement. The repayment starts from April 2017 and ends by
September 2023. The total door to door tenor is 7 years.
COD

The proposed project is estimated to complete by December 2016

and commencement its full scale of commercial operations from
Jan 2017. The estimated time to complete the project is about 12

Turn-over for 3 years

months.
2017-18: Rs. 732.78

in Lacs

2018-19: Rs. 845.51

2019-20: Rs. 958.25
S e c u r i t i es O f f e r ed

P r i m a r y S ec u r i t
y

Page 5 of 58

Collateral Secu
rity

Total Secur
i t i es V a l u e

Page 6 of 58