Working capital financing to purchase raw materials (galvanized sheet) and produce galvanized sheet with a width of 1250 millimeters and a thickness of 48/0 millimeters

Foolad Sanat Ava Fartak, established in 1388 in Razavi Khorasan Province, is engaged in the production, distribution, and installation of various types of corrugated sheets, roller shutters, and related products. The company is also active in supplying the raw materials, machinery, and equipment required by this industry and maintains a presence in the metal products market, drawing on its operational and manufacturing experience.To finance its working capital and expand its production and sales activities, the company intends to secure the funds required to purchase raw materials (galvanized sheet) and produce and supply galvanized sheet with a width of 1250 millimeters and a thickness of 0٫48 millimeters through the Halal Fund crowdfunding platform.The financing amount for this project is 185 billion rials, and the funds raised will be used to purchase the raw materials required for production. Based on the projections provided, the production and sale of approximately 451 tonnes of galvanized sheet are planned over the project's 12-month implementation period, across four operating cycles.According to the audited financial statements, the company's operating revenue in fiscal year 1404 exceeded 3٬364 billion rials, representing significant growth compared with fiscal year 1403. Also, according to the financial information provided, the company recorded more than 2٬707 billion rials in product sales in the first six months of 1405. These records indicate the company's ongoing activity in the production and sale of metal products and are among the information considered in the project assessment.The projected annual profit for investors in this project is 47 percent, payable on a provisional basis at three-month intervals. The principal will also be repaid at the end of the project's 12-month implementation period.To cover the risk of principal repayment, a principal repayment guarantee from Bank Day is envisaged for this project.
Project symbol: حلالوانی/halalvan