MIRA INFORM REPORT

Report Date :

06.12.2011

IDENTIFICATION DETAILS

Name :	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED
Registered Office :	10-12, SIDCO Industrial Estate, Malumichampatty (P.O.), Coimbatore – 641 021, Tamilnadu
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	01.06.2006
Com. Reg. No.:	18-012811
Capital Investment / Paid-up Capital :	Rs.4.000 Millions
CIN No.: [Company Identification No.]	U19202TZ2006PTC012811
TAN No.: [Tax Deduction & Collection Account No.]	CMBV04406D
PAN No.: [Permanent Account No.]	AACCV2579A
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer, Exporters and Dealers of Footwear, Soles, Straps, Footwear Components, Micro Cellular Sheets and related Product made of Termoplastic Rubber (TPR), Ethylene Vinyl Acetate (EVA), Poly Vinyl Chloride (PVC), Poly Urethane (PU), Rubber, Leather, Synthetic Leather, Laminated Fabrics and Synthetic Materials.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (45)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 375000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is a well established company having satisfactory track. Trade relations are reported as fair. Business is active. Payments are reported to be usually correct and as per commitments. The company can be considered normal for business dealings at usual trade terms and conditions.

NOTES : Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – September 30, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

LOCATIONS

Registered Office :	10-12, SIDCO Industrial Estate, Malumichampatty (P.O.), Coimbatore – 641 021, Tamilnadu, India
Tel. No.:	91-422-3295778 / 2655556
Fax No.:	91-422-2655555
E-Mail :	yasin@ferrarishoes.com, contact@veekesypremium.com vnoushad@hotmail.com veekesyfootcare@vkcgroup.com

DIRECTORS

As on 26.07.2011

Name :

Mr. Veluthedath Noushad

Designation :

Managing Director

Address :

Prabha, Nallalam Post, Kozhikode – 673 027, Kerala, India

Date of Birth/Age :

11.05.1970

Date of Appointment :

07.06.2006

DIN :

00083945

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U24134KL1996PTC009856	VEEKESY POLYMERS PRIVATE LIMITED	Director	21/01/1997	21/01/1997	Active	NO
2	U25209KL1998PTC012195	EMERALD PLASTOMERS PRIVATE LIMITED	Director	30/09/2000	30/09/2000	Active	NO
3	U19201TZ2004PTC011325	FERRARI SHOES INDIA PRIVATE LIMITED	Managing director	29/09/2009	14/09/2004	Active	NO
4	U19201KL2005PTC018043	FERRERO VINYL TECHNOLOGIES PRIVATE LIMITED	Director	26/03/2005	26/03/2005	Active	NO
5	U19202TZ2006PTC012811	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED	Managing director	3/8/2009	7/6/2006	Active	NO
6	U25191KL2002PTC015519	VEEKESY RUBBER INDUSTRIES PRIVATE LIMITED	Director	29/09/2007	29/09/2007	Active	NO
7	U18104KL2002PTC015839	SANDLON TECHNOLOGIES PRIVATE LIMITED	Director	10/12/2007	10/12/2007	Active	NO
8	U24134KL1994PTC007912	CALTECH POLYMERS PRIVATE LIMITED	Director	30/09/2008	6/6/2008	Active	NO
9	U19201KA2008PTC048381	VEEKESY SANDALS (INDIA) PRIVATE LIMITED	Managing director	21/11/2008	21/11/2008	Active	NO
10	U19202KL2009PTC024871	FAYIZ FOOTS PRIVATE LIMITED	Director	14/10/2009	14/10/2009	Active	NO
11	U19200TZ2009PTC015640	COIMBATORE FOOTWEAR STITCHING WORKS PRIVATE LIMITED	Director	30/11/2009	30/11/2009	Active	NO
12	U25199KL1998PTC012185	VEEKESY ELASTOMERS PRIVATE LIMITED	Managing director	17/09/2010	15/04/2010	Active	NO
13	U19200KL2010PTC026340	VKC FOOTWEAR INTERNATIONAL PRIVATE LIMITED	Managing director	13/07/2010	13/07/2010	Active	NO
14	U19200KL2010PTC026934	VKC FOOTSTEPS (INDIA) PRIVATE LIMITED	Managing director	28/10/2010	28/10/2010	Active	NO
15	U19121KA2010PTC055821	NANJANGUD STITCHING WORKS PRIVATE LIMITED	Director	10/11/2010	10/11/2010	Active	NO
16	U91110KL1931NPL001527	THE MALABAR CHAMBER OF COMMERCE	Director	12/11/2010	12/11/2010	Active	NO
17	U19200KL2010PTC027072	NORTH KERALA FOOTWEAR CONSORTIUM PRIVATE LIMITED	Managing director	13/01/2011	23/11/2010	Active	NO
18	U19200KL2011PTC029663	VKC FOOTPRINTS GLOBAL PRIVATE LIMITED	Managing director	25/10/2011	25/10/2011	Active	NO

Name :

Mr. Kaneeshankandy Moochikootathil Hameedali

Designation :

Director

Address :

Al Niba, Chaliyam Post, Kozhikode – 673 301, Kerala, India

Date of Birth/Age :

01.07.1963

Date of Appointment :

07.06.2006

DIN :

00084166

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U25199KL2000PTC013687	FORTUNE ELASTOMERS PRIVATE LIMITED	Director	17/02/2000	17/02/2000	Active	NO
2	U19202TZ2006PTC012811	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED	Director	7/6/2006	7/6/2006	Active	NO
3	U19202KL2009PTC024871	FAYIZ FOOTS PRIVATE LIMITED	Managing director	14/10/2009	14/10/2009	Active	NO

Name :

Mr. Abdul Razak Veluthedath

Designation :

Director

Address :

Prabha, Nallalam Post, Kozhikode – 673 027, Kerala, India

Date of Birth/Age :

30.05.1968

Date of Appointment :

03.08.2009

DIN :

00305833

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U25209KL1998PTC012195	EMERALD PLASTOMERS PRIVATE LIMITED	Director	3/4/1998	3/4/1998	Active	NO
2	U02520TZ1998PTC008691	VEEKESY PLASTOMERS INDIA PRIVATE LIMITED	Director	22/12/1998	22/12/1998	Active	NO
3	U19202KL2002PTC015715	SLIPONS INDIA PRIVATE LIMITED	Managing director	30/09/2008	14/11/2002	Active	NO
4	U19201KL2004PTC017111	DIADORA SHOES PRIVATE LIMITED	Managing director	30/09/2008	17/05/2004	Active	NO
5	U19201KL2005PTC018011	DIMESCO FOOTCARE INDIA PRIVATE LIMITED	Managing director	16/12/2009	19/03/2005	Active	NO
6	U19202KL2005PTC018521	MORBIDO VINYL PRIVATE LIMITED	Director	10/8/2005	10/8/2005	Active	NO
7	U19202KL2006PTC019643	SMARTAK FOOTCARE PRIVATE LIMITED	Managing director	9/9/2009	22/07/2006	Active	NO
8	U25191KL2002PTC015519	VEEKESY RUBBER INDUSTRIES PRIVATE LIMITED	Director	29/09/2007	29/09/2007	Active	NO
9	U24134KL1996PTC009856	VEEKESY POLYMERS PRIVATE LIMITED	Director	29/06/2009	29/06/2009	Active	NO
10	U19202TZ2006PTC012811	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED	Director	3/8/2009	3/8/2009	Active	NO
11	U18104KL2002PTC015839	SANDLON TECHNOLOGIES PRIVATE LIMITED	Director	29/09/2009	29/09/2009	Active	NO
12	U19201TZ2004PTC011325	FERRARI SHOES INDIA PRIVATE LIMITED	Director	29/09/2009	29/09/2009	Active	NO
13	U19202KL2009PTC024871	FAYIZ FOOTS PRIVATE LIMITED	Director	14/10/2009	14/10/2009	Active	NO
14	U19202KL2009PTC024938	ESSEFSY FOOTWEARS PRIVATE LIMITED	Director	27/10/2009	27/10/2009	Active	NO
15	U19200KL2010PTC025679	VEEKESY SHOES AND ALLIED PRODUCTS INDIA PRIVATE LIMITED	Managing director	20/04/2010	13/03/2010	Active	NO
16	U25199KL1998PTC012185	VEEKESY ELASTOMERS PRIVATE LIMITED	Director	17/09/2010	15/04/2010	Active	NO
17	U19200TZ2009PTC015640	COIMBATORE FOOTWEAR STITCHING WORKS PRIVATE LIMITED	Director	30/09/2010	20/05/2010	Active	NO

Name :

Mr. Rafeeque Veluthedath

Designation :

Director

Address :

Rafeek, P. O. Kolathasa, Kozhikode – 673 695, Kerala, India

Date of Birth/Age :

15.05.1977

Date of Appointment :

03.08.2009

DIN :

00305950

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U24134KL1996PTC009856	VEEKESY POLYMERS PRIVATE LIMITED	Managing director	2/5/2002	2/5/2002	Active	NO
2	U18104KL2002PTC015839	SANDLON TECHNOLOGIES PRIVATE LIMITED	Director	4/1/2003	4/1/2003	Active	NO
3	U19202KL2006PTC019643	SMARTAK FOOTCARE PRIVATE LIMITED	Director	1/12/2006	1/12/2006	Active	NO
4	U19201KA2008PTC048381	VEEKESY SANDALS (INDIA) PRIVATE LIMITED	Director	21/11/2008	21/11/2008	Active	NO
5	U19202TZ2006PTC012811	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED	Director	3/8/2009	3/8/2009	Active	NO
6	U19201TZ2004PTC011325	FERRARI SHOES INDIA PRIVATE LIMITED	Director	29/09/2009	29/09/2009	Active	NO
7	U19200TZ2009PTC015640	COIMBATORE FOOTWEAR STITCHING WORKS PRIVATE LIMITED	Director	30/09/2010	20/05/2010	Active	NO
8	U19200KL2010PTC026340	VKC FOOTWEAR INTERNATIONAL PRIVATE LIMITED	Director	13/07/2010	13/07/2010	Active	NO
9	U19200KL2010PTC026934	VKC FOOTSTEPS (INDIA) PRIVATE LIMITED	Director	28/10/2010	28/10/2010	Active	NO
10	U19121KA2010PTC055821	NANJANGUD STITCHING WORKS PRIVATE LIMITED	Director	10/11/2010	10/11/2010	Active	NO
11	U19200KL2010PTC027072	NORTH KERALA FOOTWEAR CONSORTIUM PRIVATE LIMITED	Director	13/01/2011	13/01/2011	Active	NO

Name :

Mr. Mohammed Veluthedath

Designation :

Director

Address :

1/546, Jashi Mahal, Nallalam West, P.O. Nallalam, Kozhikode – 673 027, Kerala, India

Date of Birth/Age :

20.05.1954

Date of Appointment :

03.08.2009

DIN :

00306002

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U25191KL2002PTC015519	VEEKESY RUBBER INDUSTRIES PRIVATE LIMITED	Director	5/7/2002	5/7/2002	Active	NO
2	U19202KL2006PTC019643	SMARTAK FOOTCARE PRIVATE LIMITED	Director	1/12/2006	1/12/2006	Active	NO
3	U19201KL2005PTC018043	FERRERO VINYL TECHNOLOGIES PRIVATE LIMITED	Director	29/09/2007	29/09/2007	Active	NO
4	U18104KL2002PTC015839	SANDLON TECHNOLOGIES PRIVATE LIMITED	Director	10/12/2007	10/12/2007	Active	NO
5	U19201KA2008PTC048381	VEEKESY SANDALS (INDIA) PRIVATE LIMITED	Director	21/11/2008	21/11/2008	Active	NO
6	U24134KL1996PTC009856	VEEKESY POLYMERS PRIVATE LIMITED	Director	29/06/2009	29/06/2009	Active	NO
7	U19202TZ2006PTC012811	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED	Director	3/8/2009	3/8/2009	Active	NO
8	U19201TZ2004PTC011325	FERRARI SHOES INDIA PRIVATE LIMITED	Director	29/09/2009	29/09/2009	Active	NO
9	U19202KL2009PTC024938	ESSEFSY FOOTWEARS PRIVATE LIMITED	Director	27/10/2009	27/10/2009	Active	NO
10	U25199KL1998PTC012185	VEEKESY ELASTOMERS PRIVATE LIMITED	Director	17/09/2010	15/04/2010	Active	NO
11	U19200TZ2009PTC015640	COIMBATORE FOOTWEAR STITCHING WORKS PRIVATE LIMITED	Director	30/09/2010	20/05/2010	Active	NO
12	U19200KL2010PTC026340	VKC FOOTWEAR INTERNATIONAL PRIVATE LIMITED	Director	13/07/2010	13/07/2010	Active	NO
13	U19200KL2010PTC026934	VKC FOOTSTEPS (INDIA) PRIVATE LIMITED	Director	28/10/2010	28/10/2010	Active	NO
14	U19121KA2010PTC055821	NANJANGUD STITCHING WORKS PRIVATE LIMITED	Director	24/10/2011	24/10/2011	Active	NO
15	U19200KL2011PTC029663	VKC FOOTPRINTS GLOBAL PRIVATE LIMITED	Director	25/10/2011	25/10/2011	Active	NO

Name :

Mr. Mammed Koya VKC

Designation :

Director

Address :

2/192, Prabha, P. O. Nallalam, Kozhikode – 673 027, Kerala, India

Date of Birth/Age :

03.10.1940

Date of Appointment :

03.08.2009

DIN :

00309339

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U24134KL1994PTC007912	CALTECH POLYMERS PRIVATE LIMITED	Director	13/05/1994	13/05/1994	-	Active	NO
2	U19201KL2002PTC015170	CALIFER FOOTCARE (INDIA) PRIVATE LIMITED	Director	6/6/2008	9/1/2002	10/10/2008	Active	NO
3	U25191KL2002PTC015519	VEEKESY RUBBER INDUSTRIES PRIVATE LIMITED	Director	5/7/2002	5/7/2002	-	Active	NO
4	U19201KL2005PTC018011	DIMESCO FOOTCARE INDIA PRIVATE LIMITED	Director	19/03/2005	19/03/2005	-	Active	NO
5	U45309KL1961SGC001937	KERALA STATE INDUSTRIAL DEVELOPMENT CORPN LTD	Director	14/05/2007	14/05/2007	-	Active	NO
6	U91990KL2002NPL015838	NORKA-ROOTS (SEC 25 COMPANY)	Director	18/08/2007	18/08/2007	29/08/2011	Active	NO
7	U25199KL1998PTC012185	VEEKESY ELASTOMERS PRIVATE LIMITED	Director	29/09/2007	29/09/2007	-	Active	NO
8	U45200KL2007PLC021389	BUILDCON CONSTRUCTION COMPANY LIMITED	Director	19/12/2007	9/11/2007	-	Active	NO
9	U91110KL1931NPL001527	THE MALABAR CHAMBER OF COMMERCE	Director	25/09/2008	25/09/2008	12/11/2010	Active	NO
10	U19201KL2004PTC017111	DIADORA SHOES PRIVATE LIMITED	Director	30/09/2008	30/09/2008	-	Active	NO
11	U19202KL2002PTC015715	SLIPONS INDIA PRIVATE LIMITED	Director	30/09/2008	30/09/2008	-	Active	NO
12	U65929KL1975SGC002736	KERALA SMALL INDUSTRIES DEVELOPMENT CORPORATION LIMITED	Director	20/11/2008	20/11/2008	18/10/2011	Active	YES
13	U19201KA2008PTC048381	VEEKESY SANDALS (INDIA) PRIVATE LIMITED	Director	21/11/2008	21/11/2008	-	Active	NO
14	U24134KL1996PTC009856	VEEKESY POLYMERS PRIVATE LIMITED	Director	29/06/2009	29/06/2009	-	Active	NO
15	U19202TZ2006PTC012811	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED	Director	3/8/2009	3/8/2009	-	Active	NO
16	U19202KL2006PTC019643	SMARTAK FOOTCARE PRIVATE LIMITED	Director	18/08/2010	9/9/2009	-	Active	NO
17	U18104KL2002PTC015839	SANDLON TECHNOLOGIES PRIVATE LIMITED	Director	29/09/2009	29/09/2009	-	Active	NO
18	U19201TZ2004PTC011325	FERRARI SHOES INDIA PRIVATE LIMITED	Director	29/09/2009	29/09/2009	-	Active	NO
19	U67110KL2009PLC025082	AL BARAKAH FINANCIAL SERVICES LIMITED	Director	23/05/2011	30/11/2009	-	Active	NO
20	U19200KL2010PTC025679	VEEKESY SHOES AND ALLIED PRODUCTS INDIA PRIVATE LIMITED	Director	13/03/2010	13/03/2010	-	Active	NO
21	U19200KL2010PTC026340	VKC FOOTWEAR INTERNATIONAL PRIVATE LIMITED	Director	13/07/2010	13/07/2010	-	Active	NO
22	U19200KL2010PTC026934	VKC FOOTSTEPS (INDIA) PRIVATE LIMITED	Director	28/10/2010	28/10/2010	-	Active	NO
23	U15400KL2011PTC027626	MALABAR MEGA FOOD PARK PRIVATE LIMITED	Director	9/2/2011	9/2/2011	-	Active	NO
24	U19200KL2011PTC029663	VKC FOOTPRINTS GLOBAL PRIVATE LIMITED	Director	25/10/2011	25/10/2011	-	Active	NO

Name :

Mr. Chacko Kakkassery Chummar

Designation :

Director

Address :

A G Alsa Palm Spring, R. C. Road, Kozhikode – 673 032, Kerala, India

Date of Birth/Age :

16.11.1952

Date of Appointment :

04.08.2006

DIN :

00536391

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U24134KL1994PTC007912	CALTECH POLYMERS PRIVATE LIMITED	Director	13/05/1994	13/05/1994	Active	NO
2	U25209KL1998PTC012195	EMERALD PLASTOMERS PRIVATE LIMITED	Director	3/4/1998	3/4/1998	Active	NO
3	U19202TZ2006PTC012811	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED	Director	4/8/2006	4/8/2006	Active	NO
4	U19202KL2005PTC018521	MORBIDO VINYL PRIVATE LIMITED	Director	29/09/2007	29/09/2007	Active	NO

Name :

Mr. Yasin Naduville Purayil Mustafa

Designation :

Director

Address :

Naduvilepura, South Pullazhi, Pullazhi Post, Trichur – 680 012, Kerala, India

Date of Birth/Age :

22.02.1975

Date of Appointment :

04.08.2006

DIN :

00590120

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U19201TZ2004PTC011325	FERRARI SHOES INDIA PRIVATE LIMITED	Director	14/09/2004	14/09/2004	Active	NO
2	U19202TZ2006PTC012811	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED	Director	4/8/2006	4/8/2006	Active	NO
3	U19200TZ2009PTC015640	COIMBATORE FOOTWEAR STITCHING WORKS PRIVATE LIMITED	Director	30/11/2009	30/11/2009	Active	NO
4	U19200KL2011PTC029663	VKC FOOTPRINTS GLOBAL PRIVATE LIMITED	Additional director	29/11/2011	29/11/2011	Active	NO

Name :

Mr. Pottengat Mohammed Shiraz

Designation :

Director

Address :

Pottainkattil House, Main Road, P C Mannarkkad, Palakkad – 678 582, Karala, India

Date of Birth/Age :

18.12.1977

Date of Appointment :

04.08.2006

DIN :

00591798

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U19201KL2004PTC017111	DIADORA SHOES PRIVATE LIMITED	Director	17/05/2004	17/05/2004	Active	NO
2	U19201TZ2001PTC009912	KOVAI FOOTWEARS PRIVATE LIMITED	Managing director	27/06/2005	27/06/2005	Active	NO
3	U19202TZ2006PTC012811	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED	Director	4/8/2006	4/8/2006	Active	NO
4	U19201KL2005PTC018011	DIMESCO FOOTCARE INDIA PRIVATE LIMITED	Director	9/9/2009	9/9/2009	Active	NO

Name :

Mr. Veluthedath Abdul Rasheed

Designation :

Director

Address :

Veluthedath House, Kuzhiyandi Paramba, P O Nallalam, Kozhikode – 673027, Kerala, India

Date of Birth/Age :

19.11.1975

Date of Appointment :

30.09.2010

DIN :

00081804

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U25199KL1998PTC012185	VEEKESY ELASTOMERS PRIVATE LIMITED	Director	23/02/2002	23/02/2002	Active	NO
2	U19201TZ2004PTC011325	FERRARI SHOES INDIA PRIVATE LIMITED	Director	4/8/2006	4/8/2006	Active	NO
3	U19202KL2005PTC018521	MORBIDO VINYL PRIVATE LIMITED	Director	29/09/2007	29/09/2007	Active	NO
4	U18104KL2002PTC015839	SANDLON TECHNOLOGIES PRIVATE LIMITED	Director	30/09/2010	26/12/2009	Active	NO
5	U19200TZ2009PTC015640	COIMBATORE FOOTWEAR STITCHING WORKS PRIVATE LIMITED	Director	30/09/2010	20/05/2010	Active	NO
6	U19200KL2010PTC026340	VKC FOOTWEAR INTERNATIONAL PRIVATE LIMITED	Director	13/07/2010	13/07/2010	Active	NO
7	U19201KA2008PTC048381	VEEKESY SANDALS (INDIA) PRIVATE LIMITED	Director	2/9/2010	2/9/2010	Active	NO
8	U19202TZ2006PTC012811	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED	Director	30/09/2010	30/09/2010	Active	NO
9	U19200KL2010PTC026934	VKC FOOTSTEPS (INDIA) PRIVATE LIMITED	Director	28/10/2010	28/10/2010	Active	NO
10	U19121KA2010PTC055821	NANJANGUD STITCHING WORKS PRIVATE LIMITED	Director	24/10/2011	24/10/2011	Active	NO
11	U19200KL2011PTC029663	VKC FOOTPRINTS GLOBAL PRIVATE LIMITED	Director	25/10/2011	25/10/2011	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 26.07.2011

Names of Shareholders	No. of Shares
V. Noushad	93424
K. M. Hameed Ali	35955
N. P. Mustafa Yasin	29985
P. M. Shiraz	1427
K. C. Chacko	4281
V K C Mammed Koya	57214
V. Abdul Razak	74734
V Mohammed Kutty	22418
V. Mohammed	20088
V. Mumbai	8233
V. Setmab	18331
K. Ummer Farook	10003
V Rafeeque	11168
V. Abdul Rasheed	8838
K. M. Noushad Ali	2566
V. Mohammed Abdul Kareem	1335
Total	400000

As on 26.07.2011

Equity Share Breakup	Percentage of Holding
Category
Directors or relatives of directors	97.17
Other top fifty (50) shareholders	2.83
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer, Exporters and Dealers of Footwear, Soles, Straps, Footwear Components, Micro Cellular Sheets and related Product made of Termoplastic Rubber (TPR), Ethylene Vinyl Acetate (EVA), Poly Vinyl Chloride (PVC), Poly Urethane (PU), Rubber, Leather, Synthetic Leather, Laminated Fabrics and Synthetic Materials.
Products :	Ø Footwear Ø Soles Ø Straps Ø Footwear Components Ø Micro Cellular Sheets and related Product made of Termoplastic Rubber (TPR), Ethylene Vinyl Acetate (EVA), Poly Vinyl Chloride (PVC), Poly Urethane (PU), Rubber, Leather, Synthetic Leather, Laminated Fabrics and Synthetic Materials

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

Ø The Federal Bank Limited, Cheruvannoor, Calicut – 673 631, Kerala, India

Ø ICICI Bank, Coimbatore, Tamilnadu, India

Ø The Federal Bank Limited, Coimbatore, Tamilnadu, India

Ø South Indian Bank

Ø State Bank of India

Ø State Bank of Travancore, Calicut, Kerala, India

Ø Small Industries Development Bank of India, Gowtham Centre, 1055/7, Avanashi Road,, Coimbatore - 641018, Tamil Nadu, India

Facilities :

Secured Loans :	31.03.2011 Rs. in Millions	31.03.2010 Rs. in Millions
Foreign Currency Term Loan – Federal Bank Limited	0.058	1.584
Term Loan II – Federal Bank Limited	10.177	12.521
Federal Bank Cash Credit - CBE	2.150	2.705
Federal Bank Cash Credit - CLT	3.547	9.261
Federal Bank – Vehicle Loan (Against all current and fixed assets of the company)	0.671	1.282
Total	16.603	27.353

Unsecured Loans :	31.03.2011 Rs. in Millions	31.03.2010 Rs. in Millions
Unsecured Loan from Shareholders	0.000	7.696
Total	0.000	7.696

Banking Relations :	--
Auditors :
Name :	S. Lakshminarayanan Associates Chartered Accountants
Address :	Lakshya, 1056/1, Avinashi Road, Coimbatore – 641 018, Tamilnadu, India
Tel. No.:	91-422-2243304
Fax No.:	91-422-2441338
E-Mail :	lakshya@satyam.net.in, kamesh75@airtelmail.in
Pan No.:	AAHFS7997P
Associates/Subsidiaries :	Ø Fortune Elastomers Private Limited Ø Veekesy Rubber Industries Private Limited Ø Ferrari Shoes India Private Limited Ø Veekesy Elastomers Private Limited Ø Kairali Sales Corporation Ø Veekesy Polymers Private Limited Ø Coimbatore Footwear Stitching Works Private Limited Ø VKS Group Division Ø Ideal Stitching Works Ø Veekesy Sandals Private Limited Ø Ferro Vinyl Technologies Private Limited

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
400,000	Equity Shares	Rs.10/- each	Rs.4.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
400,000	Equity Shares	Rs.10/- each	Rs.4.000 millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010	31.03.2009
SHAREHOLDERS FUNDS
1] Share Capital		4.000	4.000	4.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		89.823	54.960	11.956
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		93.823	58.960	15.956
LOAN FUNDS
1] Secured Loans		16.603	27.353	16.388
2] Unsecured Loans		0.000	7.696	9.031
TOTAL BORROWING		16.603	35.049	25.419
DEFERRED TAX LIABILITIES		0.639	0.795	0.494
TOTAL		111.065	94.804	41.869
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		80.107	56.128	47.331
Capital work-in-progress		4.479	0.076	0.000
INVESTMENT		0.000	0.000	0.000
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	78.086	37.551	22.597
	Sundry Debtors	8.386	10.336	3.747
	Cash & Bank Balances	5.285	27.179	7.897
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	73.890	39.765	10.546
Total Current Assets		165.647	114.831	44.787
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors			25.426
	Current Liabilities	46.924	29.570	0.000
	Provisions	92.244	46.661	24.823
Total Current Liabilities		139.168	76.231	50.249
Net Current Assets		26.479	38.600	(5.462)
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		111.065	94.804	41.869

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	627.266	425.475	195.461
		Other Income	NA	3.280	1.590
		TOTAL (A)	NA	428.755	197.051
	EXPENSES
		Raw Materials and Stores Consumed
		Stock Differential
		Other Expenditure
		TOTAL (B)	523.160	NA	161.326 [Including Depreciation]
	PROFIT/[LOSS] BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		28.157	NA	NA
Less/ Add	DEPRECIATION/ AMORTISATION (F)		17.964	NA	NA
	PROFIT / [LOSS] BEFORE TAX (E-F) (G)		10.193	NA	35.725
Less	TAX (H)		[57.537]	NA	12.923
	PROFIT / [LOSS] AFTER TAX (G-H) (I)		67.730	NA	22.802
	EARNINGS IN FOREIGN CURRENCY		14.732	19.990	14.994
	Earnings/[Loss] Per Share (Rs.)		169.32	--	57.00

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	10.80	NA	11.57
Net Profit Margin (PBT/Sales)	(%)	1.62	NA	18.28
Return on Total Assets (PBT/Total Assets}	(%)	4.15	NA	38.78
Return on Investment (ROI) (PBT/Networth)		0.11	NA	2.24
Debt Equity Ratio (Total Liability/Networth)		1.66	1.89	4.74
Current Ratio (Current Asset/Current Liability)		1.19	1.51	0.89

LOCAL AGENCY FURTHER INFORMATION

Note : Registered office address of the company has been shifted from Shed No.97, SIDCO Industrial Estate, Malumichampatty, Coimbatore – 641021, Tamil Nadu, India to the present address w.e.f. 25.11.2006

FINANCIAL HIGHLIGHT:

The turnover during the current year is Rs. 627.267 millions as compared to Rs. 425.475 previous year. The total expenditure during the period is Rs. 541.124 millions including depreciation amounting to Rs. 17.964 millions. The company has made a Net Profit of Rs. 67.730 millions during the year.

Bankers Charges Report as per Registry

Corporate identity number of the company	U19202TZ2006PTC012811
Name of the company	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	10-12, SIDCO Industrial Estate, Malumichampatty (P.O), Coimbatore – 641021, Tamil Nadu, India
This form is for	Creation of charge
Type of charge	Immovable Property Movable Property
Particular of charge holder	Small Industries Development Bank of India, Gowtham Centre, 1055/7, Avanashi Road, Coimbatore - 641018, Tamil Nadu, India Email : shaju@sidbi.in
Nature of instrument creating charge	Deed of Hypothecation Declaration and Under Taking (For Creation of Equitable Mortgage)
Date of instrument Creating the charge	02.11.2011
Amount secured by the charge	Rs.50.000 millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of Interest - SIDBI PLR minus 1.00%, ie, 11.75% p.a Terms of Repayment - 72 monthly installments comprising of first 24 installment of Rs 0.300 million each, next 24 installments of Rs 0.600 million each and subsequent 23 installments of Rs 1.200 millions and the last installment of Rs 0.800 million Margin - 34%, ie, Rs. 26.000 millions by way of internal accrual Extent and Operation of the charge - The above charge operates as security for the due payment of interest and repayment of principal.
Short particulars of the property or asset(s) charged (including complete address and location of the property)	Hypothecation of All movable assets including the movables, plant, machinery, spares, tools and accessories, office equipment, computers, furniture, fixtures etc. acquired/to be acquired under the project/scheme First Charge by way of mortgage of 21917 sq feet(2036.14sq meters) or 50 cents and 137 sq feet of land in SF No.396/2 situated at Malumachampatti village Coimbatore Taluk and District together with all building and structures thereon.

Bankers Charges Report as per Registry

This form is for	Creation of charge
Corporate identity number of the company	U19202TZ2006PTC012811
Name of the company	VEEKESY FOOTCARE (INDIA) PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	10-12, Sidco Industrial Estate, Malumichampatty (P.O.), Coimbatore – 641 021, Tamilnadu, India
Type of charge	Movable Property
Particular of charge holder	The Federal Bank Limited, Cheruvannoor, Calicut – 673631, Kerala, India Email: cvr@federalbank.co.in
Nature of description of the instrument creating or modifying the charge	Letter of Credit Agreement
Date of instrument Creating the charge	06.01.2009
Amount secured by the charge	Rs. 13.000 millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest 17.75%PA Margin As determined by the Bank Extent and Operation of the charge The above charge operates as security for the due repayment of principal and payment of interest.
Short particulars of the property charged	Pledge up on all goods and documents of title in respect of the goods covered under the respective letters of Credit

FIXED ASSETS:

Ø Land

Ø Building

Ø Machinery

Ø Furniture

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No records exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

2] Court Declaration :

No records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.39
UK Pound	1	Rs.80.20
Euro	1	Rs.68.92

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--CREDIT LINES	1~10	5
--MARGINS	-5~5	-
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	YES
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		45

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
-	NB	New Business	-

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.