HINDUSTAN PRAGATHI PARIWAAR PRODUCER COMPANY LIMITED

HPPPCL MEMORANDUM OF ASSOCIATION

HPPPCL MEMORANDUM OF ASSOCIATION

Registered Address
NO.36/3,1ST FLOOR,1ST MAIN,1ST A CROSS,
SUVARNAJYOTHI LAYOUT,
Bangalore,Karnataka,560056

TAN of the Director BLRH08107B

Bankers – Punjab National Bank

State Bank of India
Axis Bank
HPPPCL MEMORANDUM OF ASSOCIATION
 ABOUT HPPPCL
HPPPCL (Hindustan Pragati Pariwar Producer Company Limited) is a hybrid between a
private limited company and a cooperative society. The goodness of a cooperative
enterprise and the vibrancy and efficiency of a company. It accommodates the unique
elements of cooperative business with a regulatory framework similar to that of a
private limited company

HPPPCL is a Producer Company, Incorporated under The Companies Act, 2013 with its own name
HINDUSTAN PRAGATHI PARIWAR PRODUCER COMPANY LIMITED strictly abides by the Rules
and Regulations of the Companies Act, 2013 and doing finance business among its members.

Managed by the 'Board of Directors’(existing 5) who are elected by the share holders of the
Plate
Company in the Annual General Meeting and the Board of Directors take decisions unanimously
with total transparency. More so, the Department of Ministry of Corporate Affairs of the Central
Government constantly reviews the functioning of the Company at regular intervals.

The promoters of HPPPCL are professionals from various sectors having wide experience in the
field of Marketing, finance and Insurance. This surely gives an enormous strength to the
Company to achieve its objectives. HPPPCL is to encourage and afford all facilities for cultivating
thrift, savings habits and to render all financial assistance to its members only. The company
shall also carry on the all Agri related business, business Loans, affordable housing finance, Loan
against property, HL, project funding, funding to NGOs, allowed to invest in profitable projects
 BENEFITS OF HPPPCL

Our vision is put into action through programs and a

focus, to create a better everyday life for the
Members, activities to mutual benefit of the society,
and a commitment to build shareholder value by
making HPPPCL a truly sustainable company

Progressing rapidly to achieve set GOALS for the

financial year by rapid expansion in rural areas,
ensuring consistency in growth, 100% participation by
rural population in our training/skill development
programs.

HPPPCL aims to be the most preferred and trusted

financial service provider, excelling in customer
service delivery through committed, caring and
empowered Human Capital
 HPPPCL MISSION
❑ To be a Leader in Financial Services catalyzing for the
development of Agriculture/Non-Agriculture sectors
across PAN India by funding for corporate/partnership
farming and generating sustainable livelihoods
encouraging Agriculture Income as primary Income for a
family.

❑ To provide simple and fast Financial assistance in

Affordable Group Housing Finance in RURAL/URBAN
part of India by identifying renowned Housing projects,
attracting eligible customers with reasonable ROI .

❑ Identifying and funding commercially viable sectors,

providing valued advisory & consultancy services,
promoting Make in India, stand up INDIA through
effective training, skill development programs and CSR
Activities
WHY HPPPCL?
 Cooperative Society
It is registered under the Cooperative society Act, Min of Agriculture
Cooperative Society is single objected
Cooperative Society share is not tradable and transfererabble
Cooperative Society Area of operation is restricted, need permission
from Registrar of Cooperative society for operation
Cooperative Society membership is individual and cooperatives
One member can vote only one vote but register of cooperatives have
veto power
Borrowing power is restricted
Acceptance of deposits - Only from Members, loans to only members
against deposit
Producer company
Producer Company is company registered under the Companies Act,
2013. Min of Corporate Affairs. It is Hybrid version of Cooperative
Society.
Producer company is multi objectives, mixture of Pvt Limited +
Cooperative Society
share is not Tradable but it can transferable to limited members on per
value
Can operate across PAN INDIA without any permission from any
department
Membership will be individual, group, Association, producer of service.
One member can vote only one vote company can not hold veto power.
Borrowing power is more freedom and more alternative.
Better Credibility - A producer company enjoys better credibility when
compared to unregistered producer organizations. Producer companies
are registered and monitored by the Central Government. Producer
Organization are on the other hand governed and monitored by State
Governments.
Acceptance of deposits - A producer company can accept deposit in the
form of RD/FD only from Members, and give maturity as well as
 BENEFITS OF HPPPCL

Profitable Projects funding

Vyapar Loan Like Mudra Loans
Priority Sector Lending Affordable Housing Finance
in India Agri Finance
BENEFITS OF HPPPCL

Financial Services catalyzing for the

development of Agriculture/Non-Agriculture
sectors across PAN India by funding for
corporate/partnership farming and
generating sustainable livelihoods
encouraging Agriculture Income as primary
Income for a family”
BENEFITS OF HPPPCL

High Value Agri loans for corporate farming,

partnership farming, loans for purchase of
Tractors, Power Tillers, and Combined
Harvesters, Collateral / Mortgage
BENEFITS OF HPPPCL

Loan against stock at storage, against

storage plant, for Dairy plant, Financing Farm
Machinery where Tangible assets are created
Dairy Plus Scheme for financing Dairy Units,
Dairy Society Plus Scheme for financing Dairy
Societies, for Construction / Renovation Of
Rural Godowns, Scheme for Financing Private
Cold Storage / Private Warehouses for On
lending to Farmers
✔ The Producer Organization Development Fund (PODF) will be used to support
Producers Organizations or Producer Companies by providing credit support,
improving capacity and building market linkage. The objective of the fund is to meet
end to end requirements of Producers Organization as well as to ensure their
sustainability & economic viability. NABARD- Producer Organization Development
Fund (PODF) -

✔ In 2011, NABARD has set up a Rs.50 core Producer Organization Development Fund
(PODF) for supporting producer organizations and adopting a flexible approach to
meet the needs of the producers. Under this scheme, financial support in the form of
grant and/or loans are provided for any registered Producer Organization, Producer
Company, Producers Cooperatives, Registered Farmer Federations, MACS (Mutually
aided Cooperative Society), Industrial Cooperative Societies and other registered
federations set up by producers. The PODF will be used to support Producer
Organizations or Producer Companies by providing credit support, improving capacity
and building market linkage. The objective of the fund is to meet end to end
requirements of Producer Organizations as well as to ensure their sustainability and
economic viability.

✔ Fund can be utilized for the benefit of Agriculture/Dairy with lowest ROI

✔ Under the scheme, activities that fall within the domain of agriculture, allied sectors &
non-farm sector are supported. Activities like harvesting, storage, processing,
packaging and/or marketing of the produce/ product are eligible for support under the
PDOF Fund.
✔ Funding for small and medium group micro finance against successful DWAKRA
schemes
HINDUSTAN PRAGATHI PARIWAAR PRODUCER COMPANY LIMITED

Producer
Company

Credit Property
Cooperative Scty
Developers
PRESTEGIOUS PROJECT - NAIMISH
HINDUSTAN PRAGATHI PARIWAAR PRODUCER COMPANY LIMITED

✔ Funding to commercially viable sector/projects approved

by Ayush / GOI

✔ Machinery loans for small and medium projects

✔ Term Loan for Working Capital

✔ Term Loan for Fixed Assets

✔ Financing Facility for Storage of Agricultural Produce

✔ Project based funding at reasonable ROI%, Registered and

running business for 6 months at least Annual turnover to be
INR 3 lakhs or more

✔ Daily finance for Kirana and small commercial business

segment at reasonable ROI%
HINDUSTAN PRAGATHI PARIWAAR PRODUCER COMPANY LIMITED

✔ The members of the Producer Company are primary producers,

and thus, are in need of financial assistance from time to time.
Hence, a special provision is made by the Act 61 of Producer
Company of giving loans to its members.
✔ The Company can provide financial assistance to its members
through:-
✔ The credit facility, to any member, in connection with the business
of the Company, for a period not exceeding six months.

✔ Loans and advances, against security mentioned in articles to any

Member, repayable within a period exceeding three months but
not exceeding seven years from the date of disbursement if such
loans or advances.

✔ It is important to note that the IT Act does not essentially provide

any special benefits or exemptions to producer companies by
definition. But subject to the kind of agricultural activity carried
out, certain tax benefits can be availed.
HINDUSTAN PRAGATHI PARIWAAR PRODUCER COMPANY LIMITED

✔ Hybrid between a private limited company and a

cooperative society, it combines the goodness of
cooperatives and efficiency of corporate company.

✔ Governed by MCA as per Producer Company’s act, no RBI

or SEBI role involvement

✔ Every Cooperative Society converting as a Producer

Company because of flexibility in operation, rules and in
Act

✔ No NOC or permission necessary to obtain to start or

operate in any state/location in INDIA

✔ Funding to NGO projects, commercially viable projects,

Investing in successful projects possible with no
restrictions as per ACT
HINDUSTAN PRAGATHI PARIWAAR PRODUCER COMPANY LIMITED

✔ HPPPCL started its operations in 2016-17

✔ Started operations from Delhi as HQ, UP its 1st State

operational followed by Haryana and AP

✔ Managed quality customer base across NORTH/SOUTH part of

India; 2000 active customer base with agriculture/Non
agriculture Income

HPPPCL 2016-17 ✔ Distributed loans to Salaried Individuals, business professionals

✔ Brand building activities in Northern India, customer meet,

dedicated service helped HPPPCL as one of the top Producer
Company grownup in short period

✔ HPPPCL could acquire quality staff and customer base because

of its early break in the market
✔ Low cost model – Successfully implemented low cost branches
across NORTH
HINDUSTAN PRAGATHI PARIWAAR PRODUCER COMPANY LIMITED

✔ HPPPCL could win trust of customers within span of its 1st

year performance

✔ Successfully implemented small savings habits by group

of women across HARYANA

✔ HPPPCL did research across PAN INDIA on Organic

farming, Herbal, Ayurveda and Cow based products
HPPPCL 2016-17
✔ HPPPCL funded to couple of organic farming projects in
SOUTH growing NONI crop

✔ Conducted educational camps, shared research analysis

with farmers groups

✔ Funded to one of the successful Herbal/Organic products

project managing across PAN INDIA under MLM model
 HPPPCL PRODUCT CHART
Product Type Term Deposit
Eligibility Applicant must be a member of the society

INR 1,00,000 and above in multiples of INR

Minimum Deposit Amount
1,000

160% of the CONTRIBUTION

Maturity Value amount(Contribution - INR. 1,00,000 -
Realisation Value : 1,60,000)
Duration 3 years

NO LOAN AGAINST CONTRIBUTION FOR

Loan against deposit amount
INVESTOR

Premature withdrawal facility Not available up to 1year

After completion of one year, available as per
society’s terms and conditions
Nomination Facility Available
QTLY REALISATION VALUE PAYMENT IN EQUAL INSTALMENT BASIS CAN BE OPTED FOR ABOVE
INR. 5,00,000 contributions
 HPPPCL ASSET BASED ASSURED RETURNS

Appreciation Realisation
Sl.No Contribution(INR) Tenure Appreciation %
Amount(INR) Amount(INR)

1 855000 60 1292000 2147000 251%

2 684000 60 1026000 1710000 250%

3 513000 60 755000 1268000 247%

4 342000 60 429300 821000 240%

5 171000 60 214000 385000 225%

6 85500 60 94050 179550 210%

 SPECIAL MIS

SPECIAL MIS

Lump Sum CONTRIBUTION amount Minimum contribution INR 50,000 and further in
multiples of INR 10,000

5&6 7 Years &

Duration 3 & 4 Years
Years Above

Rate of Interest 11.50% 12.50% 15.00%

If quarterly payment option opted for Above 5Lacs Contributions, Principle part payment will be disbursed
along with INT amount – Refer to Installment Table
BONANZA SCHEME - INVESTORS FIXED RETURN ASSET BASED OFFER (VALID TILL APRIL 31 st May 2019 ONLY)

Min-Contribution 50000 75000 100000 155000

Monthly-ROI 4167 6250 10000 19375

Tenure 18 18 15 12

Realisation-Amount 75000 112500 150000 232500

% 150 150 150 150

 CAREER PLAN - FIELD REPRESENTATIVES
36 40
60 TRIPLE
% MONTH MONTH Double Promoti
Months. (108
Cadre Distribu S S 72 Salary on Tgt Team Size
FDR Months
tion FDR/MI FDR/MI Months (In Lacs)
/MIS )
Sl.No S S

1 Field Executive 35.00% 4.2 5.71 7 7.6 10.5 1 0

2 Business Executive 12.10% 1.45 1.97 2.42 2.63 3.63 2 3 F.E.

ASSISTANT BUSSINESS
8.20%
3 MANAGER 0.98 1.34 1.64 1.78 2.46 3 3 B.E.
4 BUSINESS MANAGER 6.50% 0.78 1.06 1.3 1.41 1.95 7 4 ABM
ASSISTANT AREA MANAGER 5.50%
5 0.66 0.9 1.1 1.19 1.65 9 4 BM
6 AREA MANAGER 4.70% 0.56 0.77 0.94 1.02 1.41 10 4 AAM
ASSISTANT TERRITORY
4.20%
7 MANAGER 0.5 0.68 0.84 0.91 1.26 15 5 AAM
8 TERRITORY MANAGER 3.50% 0.42 0.57 0.7 0.76 1.05 25 5 A. M.
SENIOR TERRITORY MANAGER 3.20%
9 0.38 0.52 0.64 0.69 0.96 35
10 ZONAL MANAGER 2.80% 0.34 0.46 0.56 0.61 0.84 10000 45
11 Divisional Manager 2.50% 0.3 0.41 0.5 0.54 0.75 15000 55
12 State Head 2.30% 0.28 0.37 0.46 0.5 0.69 20000 65
13 Circle Head 1.90% 0.23 0.31 0.38 0.41 0.57 25000 70
14 Country Head 1.60% 0.19 0.26 0.32 0.35 0.48 30000 75
15 AGM 1.40% 0.17 0.23 0.28 0.3 0.42 35000 80
16 GM 1.30% 0.16 0.21 0.26 0.28 0.39 40000 85
17 President 1.10% 0.13 0.18 0.22 0.24 0.33 45000 90
18 Bronze Director 1.00% 0.12 0.16 0.2 0.22 0.3 50000 100
19 Silver Director 0.70% 0.08 0.11 0.14 0.15 0.21 75000 110
20 Gold Director 0.50% 0.06 0.08 0.1 0.11 0.15 100000 115+
100% 12 16.3 20 21.7 30
 HINDUSTAN PRAGATHI PARIWAAR PRODUCER COMPANY LIMITED

237K
/month

THANK YOU
NO.36/3,1ST FLOOR,1ST MAIN,1ST A CROSS,
SUVARNAJYOTHI LAYOUT,
Bangalore,Karnataka,560056