Financing Part of the Working Capital Required to Produce Various HPL Sheets

Padideh Azaran Company was established in 1381. The company initially operated solely in the import, sale, and installation of aluminum composite panels and HPL sheets, and subsequently expanded its activities to include the installation of various dry ceramic cladding systems, thermowood, and curtain walls. Padideh Azaran Company imports raw materials for HPL sheets from China and India. Its products include HPL shower enclosures and HPL building facades. HPL stands for “High Pressure Laminate.” HPL is essentially a thin sheet applied as a surface covering to certain unfinished wood panels. HPL sheets offer designers highly suitable options for facade design. As a dry facade material, these sheets are easy and quick to install, do not discolor due to weather conditions such as sunlight, are lightweight, and are easy to wash. In this regard, according to its statements, Padideh Azaran Company intends to produce 21,111 square meters of various HPL sheets over 12 months under this project. According to the applicant's statements, the project's turnover cycle is 12 months. Accordingly, the company seeks to produce 21,111 square meters of HPL sheets over a 12-month period. According to the applicant's statements, the average cost of imported raw materials, including import costs, for producing each square meter of the product is approximately 3,495,890 rials. Total costs over the project period for producing 21,111 square meters of HPL sheets are therefore projected at 73,800 million rials. It should be noted that, according to the company's tax return for 1402, its operating cycle is 1,052 days. This project has a flexible funding model and will be considered successful upon raising at least 60 percent of the amount requested by the applicant. Project profits are projected to be paid from the end of the third month and every 3 months thereafter; the principal will also be repaid at the end of the twelfth month, together with the corresponding profit. The principal is covered by a guarantee issued by the Nanotechnology Research and Technology Fund under SEPAS code 1224814031158758, valid until 1404/05/06 and renewable upon request by Hesab Yari Amin Melal Company. Link to the system for verifying the authenticity and validity of the guarantee: https://khedmat.isti.ir/checksepas . The contract and project evaluation files are available through the links below. Contract Project Evaluation First Quarterly Report Second Quarterly Report  Project Symbol: Halalpadid/halalpdd
Project symbol: حلالپدید/halalpdd