Forgmos Farms want to raise fund for organic herbal farming project

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Concept Note (Basic Project Design) for Sustainable Organic Agriculture Development Project for Cultivation of High Value Crops and Ayurvedic Herbs  in 15 Acre as Start Up and to Extend to 100 Acres within One Year.

We are looking for immediate funding up to Rs. 25,00,000 for start up of the organic farm of herbs and high value crops. We assure 100% return on investment after one year to any one who can support us through funding. Minimum membership share unit Rs. 10000. You can take any number of share units.
If any one who can provide individual/group investment above Rs. 20,00,000, collateral security can be offered.
Name of the Enterprise: Forgmos Farms.
MSME Registration No. UAN KR03B0016565
Regd Office Address: Forgmos Farms, Maruthi Nagar,
Venkatala, Yelahanka, Bangalore – 560 064, Karnataka.
Project (Farm) Address:
Village: Narasimhanahalli. Taluk: Gowribidanur.
District: Chikkaballapur. State: Karnataka.


Name & Address of CEO: 
Dilip Kumar K.P. S/o. Prakash K.T.
#14 A Block, Fire Quarters, Near Fire Station, Jayanagara
 Bangalore 560 029.
E: medicinal.planters.india@gmail.com/ dilipkumarak.p@gmail.com / parshurama.sa@gmail.com

01. Introduction:
The proposed project is the start up venture of M/s. Forgmos Farms, an agriculture development enterprise, registered as MSME with Government of India (UAN:   KR03B0016565).
M/s. Forgmos Farms was launched with ambitious vision by a group of educated youth, with commitment to sustainability of the earth, and food and health security of humans and other beings. It was also an effort to demonstrate to the youth and farmers to do sustainable farming through diversifying crops, using traditional and modern farming methods, and to show that farming is not a loss making venture if planned and implemented properly with true sense of mother earth and the market for products.
The proposed project location is a 15 acre farm in a serene village (Narasimhanahalli, near Gowribidanur, 5 Km from the Hindupur-Bangalore highway) already under normal cultivation practices by a family of farmers. They want to give it on lease for 5 years.
M/s. Forgmos Farms decided to take this land on lease as the land is suitable by all parameters for developing into a sustainable, organic farm of high value crops and Ayurvedic herbs, over a period of 5 years of agreed lease, with probability for extension.
It is also ideal as the Managing Partner, Mr. Dilip Kumar have family connections in the village and he is also experienced in farming in the area. The farm land terrain, soil condition and water availability are excellent for the proposed high value crops and Ayurvedic herbs cultivation. The proposed project is planned to be developed as a socially and environmentally responsible enterprise with projected high financial success through high value crops and high value Ayurvedic herbs multi crops cultivation system, and sale of the high value farm products directly to end users-consumers, Ayurvedic manufacturers and exporters.
The proposed project is viable by all parameters as the proposed crops selection is based on demand and price analysis of the selected high value crops and Ayurvedic herbs which command high prices in the market and relatively with low risk compared to traditional crops of cereals and pulses.
There is also proposal to raise additional income by offering various farm based services such as offering the unique organic farm to be developed as a weekend/overnight tourism destination to urban people of Bangalore ( <> 60 KM) with opportunity for familiarizing organic farm biodiversity and farming activities and also taste organically grown food direct from the farm, with additional services including farm stay, yoga and meditation camps etc. 
02. Proposed Financial Outlay:
 The proposed investment for start up of the project is as follows:
Sl No
Investment Particulars
Amount: Rs. 
01
Lease Amount Per Year & Lease Deposit
(@ Rs. 30,000 per acre for 15 acre for one year: Rs. 4,50,000 and Lease Deposit of one year lease fee: Rs. 4,50,000)
9,00,000
02
Equipments and Infrastructure
10,00,000
03
Cultivation costs (Labour, Seed, Manure, Electricity etc) for one year including short term crops and annual crops (approximately @ Rs. 40,000 per acre)
 
6,00,000

Total Investment
25,00,000
03. Estimated Return on Investment:
Sl No
Income Particulars
Amount: Rs. 
01
Short duration (<> 100 days) crops harvest income per year @ Rs. 50,000 per acre per crop, intercropping of minimum 3 different crops simultaneously: 50,000 x 3 rotations/acre x 3 crops x 15 acres.
67,50,000
02
Annual Crops harvest income @ Rs. 1,00,000 per acre per crop, intercropping of minimum of 3 crops:
Rs. 1,00,000 x 3 x 15
45,00,000

Total Harvest Income Per year
1,12,50,000

Less Costs:


Cultivation Costs per year                                          : Rs. 6,00,000
Depreciation of Equipment & Infrastructure        : Rs.  1,00,000
Lease Amount Per Year                                              : Rs. 4,50,000
Interest on Loan @ 12% per year                             : Rs. 3,00,000
Miscellaneous & Contingencies (10% of total)      : Rs. 1,45,000
__________
Rs. 15,95,000
15,95,000

Gross Income
96,55,000

Less Taxes and Dues: 20%
19,31,000

Net Income
77,24,000
Cost and Income Projections are based on approximate current market prices of proposed farm products and farm inputs and are estimates only and can vary any time within a range of 20-30%.
Dilip Kumar K.P.
M/s. Forgmos Farms.

 

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Payment options: Online, cheque/cash pickups

Beneficiary: Forgmos Farms info_outline