Amazin cement Ltd. is all set to start a production unit of cement. The company is currently concentrating on manufacturing of Ordinary Portland Cement (OPC) only. The installed capacity of the unit would be 2.5 million tons per annum. The project is proposed to be located at Vishakapatnam (Vizag), Andhra Pradesh. The estimated cost of the project is Rs. 828.38 crore. Commercial production is expected to start from April 1, 2022. The company has estimated cost of project and sources of funds as follows:

Cost of projects

Particulars	Amount
Land
- Basic Cost of Land	15.46
- Registration Charges	1.88
- Site Development	8.11
		25.45
Building
- Main process building	75.50
- Limestone Plant	12.54
- Auxiliary Buildings	14.46
		102.50
Plant & Machinery		350.50
Miscellaneous Fixed Assets		25.62
Contingencies		105.00
Preliminary Expenses		30.00
Pre-operative Expenses		64.31
Margin money for Working Capital		125.00
Total		828.38

Means of Finance

(Rs. in crore)

Particulars	Amount
Share Capital Promoters Public	250.00 213.38
Term Loan from IFCI	365.00
Total	828.38

Companys finance department has given the following projection of operating profits for the next 5 years of operations.

Particulars	2007	2008	2009	2010	2011
A. Sales	735.00	907.20	1102.25	1322.70	1428.51
Expenses
Raw material	380.63	461.10	549.86	647.62	686.48
Power	190.31	217.50	261.00	344.38	344.38
Wages	7.35	9.07	11.02	13.23	14.29
Repairs & Maintenance	19.44	19.92	20.42	20.93	21.46
Salaries	3.55	3.98	4.45	4.99	5.59
Cost of production	601.28	711.57	846.75	1031.15	1072.20
Add: Selling overheads	47.78	58.97	71.65	85.98	92.85
B. Total cost of sales	649.06	770.54	918.40	1117.13	1165.05
OPBIDT (A B)	85.94	136.66	183.85	205.57	263.46

Technical team has estimated the working capital requirements as follows:

Particulars	Period (in months)
Raw materials	3.00
Stock-in-process	0.20
Finished goods	2.00
Receivables	2.50
Expenses	1.00

You are required to compute the amount of bank finance and interest on bank finance expecting rate of interest on the same to be 7.5 % p.a.