Provision of Working Capital for Electrical Panel Production

Noavaran Bargh Arya began its operations in 1380 in the Caspian Industrial Park in Qazvin Province. The company manufactures various types of medium-voltage and low-voltage electrical panels, as well as DC panels used in railway and metro lines. The company currently has three factories and participates in projects related to the oil, gas, petrochemical, steel, copper, cement, metro, railway, power plant, water supply, and electricity supply sectors. Noavaran Bargh Arya intends to raise  150،000 million rials through the Halal Fund platform  to provide working capital for the production of electrical panels. According to the applicant's statements and the documentation provided, the gross profit margin for electrical panel production has been reported as 25 percent. Accordingly, assuming an operating cycle every 4.5 months and the completion of at least two operating cycles per year (based on the applicant's estimate), the working capital available for implementing the project has been set at 296,800 million rials. It should be noted that the applicant will be responsible for covering other costs associated with implementing the project. Also, assuming a gross profit margin of 25 percent is achieved, revenue from sales of the products covered by the project is estimated at 395,733 million rials. Accordingly, after deducting the project's allowable costs, including the cost of products, the agent's fee, and costs related to Iran Fara Bourse, the project's realizable profit, derived from the difference between sales revenue and the aforementioned costs, is estimated at 95,733 million rials. The principal has been guaranteed by the applicant. The SEPAM number of the guarantee issued by Bank Mellat is 2112104633021524 and it is valid until 1406/03/10 and may be extended at the request of Hesab Yari Amin Melal Company. Project symbol: Halaltabl/Halaltbl
Project symbol: حلالتابل/Halaltbl