MIRA INFORM REPORT

Report Date :

30.11.2011

IDENTIFICATION DETAILS

Name :	INK BUSINESS MEDIA PRIVATE LIMITED
Registered Office :	14, Jain Chambers, 577, S.V. Road, Bandra (West), Mumbai-400050, Maharashtra
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	14.07.2009
Com. Reg. No.:	11-194054
Capital Investment / Paid-up Capital :	Rs.0.295 Million
CIN No.: [Company Identification No.]	U74990MH2009PTC194054
TAN No.: [Tax Deduction & Collection Account No.]	MUMI09029G
PAN No.: [Permanent Account No.]	AACCI114L
Legal Form :	Private Limited Liability Company
Line of Business :	Event Management Company.
No. of Employees :	25 [Approximately]

RATING & COMMENTS

MIRA’s Rating :

Ca (19)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	New Company
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a new company and yet to establish itself gradually. Trade relations are reported as fair. Business is active. Payments are unknown. The company can be considered for business dealings on a secured 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

INFORMATION PARTED BY [GENERAL DETAILS]

Name :	Ms. Rutu
Designation :	Accounts Department
Contact No.:	91-22-42081777
Date :	28.11.2011

LOCATIONS

Registered Office :	14, Jain Chambers, 577, S.V. Road, Bandra (West), Mumbai-400050, Maharashtra, India
Tel. No.:	91-22-42081777
Fax No.:	91-22-42081709
E-Mail :	info@inkbusinessmedia.com sales@inkbusinessmedia.com marketing@inkbusinessmedia.com

DIRECTORS

AS ON 30.11.2010

Name :

Mr. Deepak Rajendra Jain

Designation :

Director

Address :

602, Rajgir Milap, Juhu Dhara Complex, Kapasi Village, D.N. Nagar, Andheri (West), Mumbai-400058, Maharashtra, India

Date of Birth/Age :

23.10.1969

Date of Appointment :

Din No.:

00371776

Other Directorship:

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	U45201MH2006PTC165949	HARMONY PROPERTY DEVELOPMENT PRIVATE LIMITED	Director	04-12-06	04-12-06	Active	NO
2	U45201MH2006PTC166159	HARMONY LIFESTYLE HABITATS PRIVATE LIMITED	Director	13-12-06	13-12-06	Active	NO
3	U74999MH2008PTC178140	HARMONY LIFESTYLE STRUCTURES PRIVATE LIMITED	Director	22-01-08	22-01-08	Active	NO
4	U74990MH2009PTC194054	INK BUSINESS MEDIA PRIVATE LIMITED	Director	14-07-09	14-07-09	Active	NO
5	U92412MH2011PTC214220	INK GLOBAL SPORTS HOLDING PRIVATE LIMITED	Director	01-03-11	01-03-11	Active	NO

Name :

Mrs. Pooja Deepak Jain

Designation :

Director

Address :

602, Rajgir Milap, Juhu Dhara Complex, Kapasi Village, D.N. Nagar, Andheri (West), Mumbai-400058, Maharashtra, India

Date of Birth/Age :

07.12.1974

Date of Appointment :

Din No.:

00371933

Other Directorship:

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	U45201MH2006PTC165949	HARMONY PROPERTY DEVELOPMENT PRIVATE LIMITED	Director	04-12-06	04-12-06	Active	NO
2	U45201MH2006PTC166159	HARMONY LIFESTYLE HABITATS PRIVATE LIMITED	Director	13-12-06	13-12-06	Active	NO
3	U74999MH2008PTC178140	HARMONY LIFESTYLE STRUCTURES PRIVATE LIMITED	Director	22-01-08	22-01-08	Active	NO
4	U74990MH2009PTC194054	INK BUSINESS MEDIA PRIVATE LIMITED	Director	14-07-09	14-07-09	Active	NO

Name :

Mr. Yogeshkumar Yashvantrai Vyas

Designation :

Director

Address :

B/H, Gujarat Hou Board, Old Marutinagar, Jamnavad Road, Dhoraji, Rajkot-360410, Gujarat, India

Date of Birth/Age :

10.11.1972

Date of Appointment :

Din No.:

02483048

Other Directorship:

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	U74990MH2009PTC194054	INK BUSINESS MEDIA PRIVATE LIMITED	Director	14-07-09	14-07-09	Active	NO
2	U92412MH2011PTC214220	INK GLOBAL SPORTS HOLDING PRIVATE LIMITED	Director	01-03-11	01-03-11	Active	NO

Name :

Mr. Ramesh Parasram Chetwani

Designation :

Director

Address :

904, Gulshan 1, 9^th Floor, Juhu Lane, Andheri (West), Mumbai-400058, Maharashtra, India

Date of Birth/Age :

27.02.1978

Date of Appointment :

05.08.2009

Din No.:

02691654

KEY EXECUTIVES

Name :	Ms. Rutu
Designation :	Accounts Department

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

Not Available

BUSINESS DETAILS

Line of Business :

Event Management Company.

GENERAL INFORMATION

No. of Employees :	25 [Approximately]
Bankers :	HSBC Bank, Mumbai, Maharashtra, India

Banking Relations :	--
Auditors :
Name :	Amit Sheth and Company Chartered Accountants
Address :	D/105, Navchetan CHS, Tukaram Nagar, Dombivli (East), Thane-421201, Maharashtra, India
Mobile No.:	91-9820273890
Pan No.:	APFPS6417M

CAPITAL STRUCTURE

As on 31.03.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
100000	Equity Shares	Rs.10/- each	Rs.1.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
20600	Equity Shares	Rs.10/- each	Rs.0.206 Million
30400	Partly Paid Up Shares	Rs.10/- each	Rs.0.089 Million
			Rs.0.295 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		0.295
2] Share Application Money		0.000
3] Reserves & Surplus		3.234
4] (Accumulated Losses)		0.000
NETWORTH		3.529
LOAN FUNDS
1] Secured Loans		0.000
2] Unsecured Loans		0.000
TOTAL BORROWING		0.000
DEFERRED TAX LIABILITIES		0.000
TOTAL		3.529
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		0.468
Capital work-in-progress		0.000
INVESTMENT		0.000
DEFERREX TAX ASSETS		0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000
	Sundry Debtors	2.048
	Cash & Bank Balances	0.618
	Other Current Assets	0.000
	Loans & Advances	0.512
Total Current Assets		3.178
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	0.083
	Other Current Liabilities	0.749
	Provisions	0.308
Total Current Liabilities		1.140
Net Current Assets		2.038
MISCELLANEOUS EXPENSES		1.023
TOTAL		3.529

PROFIT & LOSS ACCOUNT

PARTICULARS		31.03.2010
SALES
	Income
	Other Income
	TOTAL	4.537
EXPENSES
	Office Expenses
	Administrative Expenses	7.835
	Advertising Expenses
	TOTAL	7.835