Business information report

1. Summary Information

		Country	India
Company Name	LEAYAN GLOBAL PRIVATE LIMITED	Principal Name 1	Mr. Murli Dhar Gyanchandani
Status	New Company	Principal Name 2	Mr. Bimal Kumar Gyanchandani
		Registration #	038499
Street Address	109 / 366, R K Nagar, G T Road, Kanpur 208012, Uttar Pradesh
Established Date	22.10.2009	SIC Code	--
Telephone#	91-512-3245709 / 2551201	Business Style 1	Manufacturer and Exporter of Footwear
Fax #	91-512-2550832	Business Style 2	--
Homepage	www.leayan.com	Product Name 1	--
# of employees	500 Approximately	Product Name 2	--
Paid up capital	Rs.100,000	Product Name 3	--
Shareholders	Bodies corporate -100.00%	Banking	Bank of Baroda
Public Limited Corp.	--	Business Period	2 years
IPO	--	International Ins.	-
Public Enterprise	--	Rating	B (27)
Related Company
Relation	Holding Company	Company Name	Rohit Surfactants Private Limited
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2010		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	99,000	Current Liabilities	11,000
Inventories	0	Long-term Liabilities	160,000
Fixed Assets	0	Other Liabilities	0
Deferred Assets	0	Total Liabilities	171,000
Invest& other Assets	172,000	Retained Earnings	0
		Net Worth	100,000
Total Assets	271,000	Total Liab. & Equity	271,000
Total Assets (Previous Year)	--
P/L Statement as of	31.03.2010		(Unit: Indian Rs.)
Sales	--	Net Profit	--
Sales(Previous yr)	--	Net Profit(Prev.yr)	--

MIRA INFORM REPORT

Report Date :

18.10.2011

IDENTIFICATION DETAILS

Name :	LEAYAN GLOBAL PRIVATE LIMITED
Registered Office :	109 / 366, R K Nagar, G T Road, Kanpur 208012, Uttar Pradesh
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	22.10.2009
Com. Reg. No.:	038499
Capital Investment / Paid-up Capital :	Rs.0.100 million
CIN No.: [Company Identification No.]	U19116UP2009PTC038499
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer and Exporter of Footwear
No. of Employees :	500 Approximately

RATING & COMMENTS

MIRA’s Rating :

B (27)

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	New Company
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a relatively new company establishing itself gradually. The company has achieve sizable turnover in its very first year of operation. Trade relations are reported as fair. Business is active. Payments are unknown. The company can be considered for business dealings with some caution.

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

Name :	Ms. Abha Mishra
Designation :	International Marketing Executive
Contact No.:	91-515-3245709
Date :	17.10.2011

LOCATIONS

Registered Office :	109 / 366, R K Nagar, G T Road, Kanpur 208012, Uttar Pradesh, India
Tel. No.:	91-512-3245709 / 2551201
Fax No.:	91-512-2550832
E-Mail :	info@gharidetergent.com abha@leayan.com
Website :	www.leayan.com
Location :	Owned
Factory :	A-5 and A-6 UPSIDC Industrial Area, Banthar Unnao 209801, Uttar Pradesh, India
Tel. No.:	91-515-2823622
Fax No.:	91-515-2823370

DIRECTORS

AS ON 29.09.2010

Name :	Mr. Murli Dhar Gyanchandani
Designation :	Director
Date of Birth/Age :	20.11.1946
Date of Appointment :	22.10.2009
DIN No.:	00049298

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	U15111UP1988PLC009771	Rspl Limited	Managing director	27/09/1995	27/09/1995	-	Active	NO
2	U29304UP1993PTC014997	Ghari Industries Private Limited	Managing director	01/05/2005	01/05/2005	-	Amalgamated	NO
3	U45202UP2005PTC030986	Nimmi Build Tech Private Limited	Director	23/11/2005	23/11/2005	-	Active	NO
4	U45201UP2006PTC031362	Rahul Realaters And Developers Private Limited	Director	14/02/2006	14/02/2006	-	Active	NO
5	U45201UP2006PTC031361	Manoj Developers And Infrastructure Private Limited	Director	14/02/2006	14/02/2006	-	Active	NO
6	U19116UP2009PTC038499	Leayan Global Private Limited	Director	22/10/2009	22/10/2009	-	Active	NO
7	U24233UP2010PTC040404	Ghari Industries (India) Private Limited	Director	28/04/2010	28/04/2010	-	Active	NO
8	U36912UP2011PTC045606	Rspl Health Private Limited	Director	06/07/2011	06/07/2011	-	Active	NO

Name :	Mr. Bimal Kumar Gyanchandani
Designation :	Director
Date of Birth/Age :	20.07.1960
Date of Appointment :	22.10.2009
DIN No.:	00049337

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	U29304UP1993PTC014997	Ghari Industries Private Limited	Managing director	07/01/1993	07/01/1993	-	Amalgamated	NO
2	U15111UP1988PLC009771	Rspl Limited	Managing director	12/10/2005	11/10/1995	-	Active	NO
3	U45202UP2005PTC030986	Nimmi Build Tech Private Limited	Director	23/11/2005	23/11/2005	-	Active	NO
4	U45201UP2006PTC031363	Rohit Real Estate Private Limited	Director	14/02/2006	14/02/2006	-	Active	NO
5	U19116UP2009PTC038499	Leayan Global Private Limited	Director	22/10/2009	22/10/2009	-	Active	NO
6	U24233UP2010PTC040404	Ghari Industries (India) Private Limited	Director	28/04/2010	28/04/2010	-	Active	NO
7	U36912UP2011PTC045606	Rspl Health Private Limited	Director	06/07/2011	06/07/2011	-	Active	NO

Name :	Mr. Manoj Kumar Gyanchandani
Designation :	Director
Date of Birth/Age :	22.10.1972
Date of Appointment :	01.04.2011
DIN No.:	00049387

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	U29304UP1993PTC014997	Ghari Industries Private Limited	Managing director	01/04/2006	01/04/1996	-	Amalgamated	NO
2	U45201UP2005PTC046485	Gyanchandani Housing And Infrastructures Private Limited	Director	30/03/2005	30/03/2005	-	Active	NO
3	U45202UP2005PTC030986	Nimmi Build Tech Private Limited	Director	23/11/2005	23/11/2005	-	Active	NO
4	U45201UP2006PTC031361	Manoj Developers And Infrastructure Private Limited	Director	14/02/2006	14/02/2006	-	Active	NO
5	U74900UP2007PTC034107	Namaste India Foods Private Limited	Managing director	19/02/2011	26/10/2007	-	Active	NO
6	U15111UP1988PLC009771	Rspl Limited	Director	15/12/2008	11/03/2008	-	Active	NO
7	U19116UP2009PTC038499	Leayan Global Private Limited	Managing director	01/04/2011	07/03/2011	-	Active	NO
8	U65923UP2011PTC044260	Namaste India Microfinance Private Limited	Director	06/04/2011	06/04/2011	-	Active	NO
9	U36912UP2011PTC045606	Rspl Health Private Limited	Director	06/07/2011	06/07/2011	-	Active	NO

KEY EXECUTIVES

Name :	Ms. Abha Mishra
Designation :	International Marketing Executive

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 29.09.2010

Names of Shareholders	No. of Shares
Rohit Surfactants Private Limited, Kanpur, Uttar Pradesh	9999
Mr. Murli Dhar Gyanchandani	1
Total	10000

AS ON 29.09.2010

Equity Share Breakup		Percentage of Holding
Category
Bodies corporate		100.00
	Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer and Exporter of Footwear
Exports :
Products :	Footwear
Countries :	European Countries
Terms :
Selling :	Depend
Purchasing :	Depend

GENERAL INFORMATION

Customers :

· Wholesaler

· Retailers

· End Users

No. of Employees :

500 Approximately

Bankers :

Bank of Baroda, 118 / 330, Kaushalpuri, Gumti No. 5, Kanpur 208012, Uttar Pradesh, India

Facilities :

Rs. In Millions

UNSECURED LOAN	31.03.2010
Loan from Director	0.160
Total	0.160

Banking Relations :	--
Auditors :
Name :	R Mohla and Company Chartered Accountant
Address :	7 / 33, 14 – Ratanvilla, Tilak Nagar, Kanpur 208002, Uttar Pradesh, India
Holding Company:	Rohit Surfactants Private Limited, Kanpur, Uttar Pradesh CIN No.: U15111UP1988PTC009771

CAPITAL STRUCTURE

AS ON 29.09.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
1000000	Equity Shares	Rs. 10 each	Rs.10.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares (THE ENTIRE SHARES CAPITAL IS HELD BY Rohit Surfactants Private Limited, the holding company and its nominee.)	Rs. 10 each	Rs.0.100 million

FINANCIAL DATA

[all figures are in Rupees Millions]

Particulars	31.03.2011
Sales Turnover (Approximately)	1000.000

Expected Sales (2011-2012) : Rs.2000.000 millions

The above information has been parted by Ms. Abha Mishra

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		0.100
2] Share Application Money		0.000
3] Reserves & Surplus		0.000
4] (Accumulated Losses)		0.000
NETWORTH		0.100
LOAN FUNDS
1] Secured Loans		0.000
2] Unsecured Loans		0.160
TOTAL BORROWING		0.160
DEFERRED TAX LIABILITIES		0.000
TOTAL		0.260
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		0.000
Capital work-in-progress		0.000
INVESTMENT		0.000
DEFERREX TAX ASSETS		0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000
	Sundry Debtors	0.000
	Cash & Bank Balances	0.099
	Other Current Assets	0.000
	Loans & Advances	0.000
Total Current Assets		0.099
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	0.011
	Other Current Liabilities	0.000
	Provisions	0.000
Total Current Liabilities		0.011
Net Current Assets		0.088
MISCELLANEOUS EXPENSES		0.172
TOTAL		0.260

KEY RATIOS

PARTICULARS	31.03.2010
Debt Equity Ratio (Total Liability/Networth)	1.71
Current Ratio (Current Asset/Current Liability)	9.00

LOCAL AGENCY FURTHER INFORMATION

FINANCIAL RESULTS:

The company was incorporated on 22^nd October, 2009. No commercial operations were undertaking during the period under review. The company has not earned any income during the current accounting year and the expenditures incurred during the period were mainly in the nature of preliminary and administrative expenses.

OPERATIONS OF THE COMPANY:

Commercial operations are ye to start.

FORM 8

Corporate identity number of the company	U19116UP2009PTC038499
Name of the company	LEAYAN GLOBAL PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	109 / 366, R K Nagar, G T Road, Kanpur 208012, Uttar Pradesh, India
This form is for	Creation of charge
Type of charge	Book debts Movable property (not being pledge) Others
Particular of charge holder	Bank of Baroda, 118 / 330, Kaushalpuri, Gumti No. 5, Kanpur 208012, Uttar Pradesh, India Email: cpc.sme.kanpur@bankofbaroda.com
Nature of instrument creating charge	Composite hypothecation agreement dated 7th July, 2011
Date of instrument Creating the charge	07.07.2011
Amount secured by the charge	Rs. 150.000 millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of interest CC - BR + 4.50% PC - BR + 1 % FBP - BR + 1% Terms of repayment CC - Repayment on demand Margin CC - 25% on paid stocks & 40% on Book debts PC - 10% FBP - Nil Import letter of credit - 10% in the form of duly pledged FDR
Short particulars of the property charged (Including location of the property)	All stocks of raw materials, semi-finished and finished goods, both present and future. All present and future book debts, outstanding monies, receivables, claims, bills, choses in action, contracts, engagements and securities Specific movable machinery

Check List by Info Agents	Available in Report (Yes / No)
1) Year of Establishment	Yes
2) Locality of the firm	Yes
3) Constitutions of the firm	Yes
4) Premises details	Yes
5) Type of Business	Yes
6) Line of Business	Yes
7) Promoter's background	--
8) No. of employees	Yes
9) Name of person contacted	Yes
10) Designation of contact person	Yes
11) Turnover of firm for last One years	Yes
12) Profitability for last three years	--
13) Reasons for variation <> 20%	--
14) Estimation for coming financial year	Yes
15) Capital in the business	Yes
16) Details of sister concerns	No
17) Major suppliers	No
18) Major customers	No
19) Payments terms	No
20) Export / Import details (if applicable)	Yes
21) Market information	--
22) Litigations that the firm / promoter involved in	--
23) Banking Details	Yes
24) Banking facility details	--
25) Conduct of the banking account	--
26) Buyer visit details	--
27) Financials, if provided	No
28) Incorporation details, if applicable	--
29) Last accounts filed at ROC	--
30) Major Shareholders, if available	--

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 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.48.89
UK Pound	1	Rs.77.31
Euro	1	Rs.67.79

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	2
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		27

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	-

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