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Sri Aurobindo

Bande Mataram

Political Writings and Speeches. 1890–1908

Appendixes

Draft of a Prospectus of 19071

The Bande Mataram Publishers and Printers Company have now been conducting the daily paper Bande Mataram for a full year and are now in a position to approach the public with an offer of shares on which a dividend for the next year is practically assured. So long as the paper was carried on at a loss and its future ill-assured, the Company had to invite the public to invest in it rather as a patriotic undertaking which deserved support than as a promising business enterprise; but the paper is now self-supporting and in a short time at the present rate of increase will be a paying concern, provided the capital required is subscribed. The following statement will show the present financial condition and give some basis for forming an opinion as to future prospects.

No. of Shareholders. 66

Amount of Shares already subscribed.

7,000

Loans advanced on condition of repayment by the raising of shares

18,000

Outstanding liabilities.

9,000

Liabilities to be converted into shares

1,500

Farther outlay necessary for Press and Type

1,000

35,5002

Full amount of maximum Capital in Shares

50,000

Amount of Capital to be raised in order to stand clea

r 27,000

Amount of Shares the Company has still the power to raise

43,000

Budget of Monthly Expenses sanctioned by the Directors

[no entry]

 

This work was not included in SABCL, vol.1 and it was not compared with other editions.

1 This text was written by Sri Aurobindo in his own hand on a loose sheet of paper. It is an incomplete draft of a prospectus for the Bande Mataram Publishers and Printers Company, offering shares to the public for their financial as well as their patriotic value. The text must have been written late in 1907, “a full year” after the Bande Mataram began to appear under the aegis of the company.

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2 The total was summed before the last entry (Rs. 1000) was added. – Ed.

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