MIRA INFORM REPORT

Report Date :

18.04.2012

IDENTIFICATION DETAILS

Name :	HOLOSTIK INDIA LIMITED (w.e.f. 13.02.1991)
Formerly Known As :	HOLOSTIK INDIA PRIVATE LIMITED
Registered Office :	30/6, Ground Floor, Devika Tower, 6, Nehru Place, New Delhi – 110 019
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	13.02.1991
Com. Reg. No.:	55 -43077
Capital Investment / Paid-up Capital :	Rs.89.219 Millions
CIN No.: [Company Identification No.]	U51909DL1991PLC043077
TAN No.: [Tax Deduction & Collection Account No.]	DELH01752C
PAN No.: [Permanent Account No.]	AAACH0239F
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacturer of Security Holograms and Holographic Products, Authentication and Promotional Purposes.
No. of Employees :	1000 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (49)

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

Maximum Credit Limit :	USD 3100000
Status :	Satisfactory
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track. Trade relations are reported as fair. Business is active. Payments are reported to be regular 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 – April 1, 2010

Country Name	Previous Rating (31.12.2009)	Current Rating (01.04.2010)
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 :	Mr. Dinesh Gupta
Designation :	Finance Manager
Contact No.:	91-120-4192723
Date :	10.04.2012

LOCATIONS

Registered Office :	30/6, Ground Floor, Devika Tower, 6, Nehru Place, New Delhi – 110 019, India
Tel. No.:	91-11-26291477
Mobile No.:	91-9810036086 (Mr. Satyadeep Ray)
Fax No.:	91-11-46540821
E-Mail :	holostik@vsnl.com im@holostik.com
Website :	www.holostik.com
Area :	3500 sq. ft
Location :	Owned
Marketing Head / Corporate Office 1 :	W 51, Sector 11, Gautam Budh Nagar, Noida-201301, Uttar Pradesh, India
Tel. No.:	91-120-4192700
Fax No.:	91-120-4192744 / 4192732
Corporate Office 2 :	C-117, Sector – 2, District Gautam Budh Nagar, Noida 201301, Uttar Pradesh, India
Tel. No.:	91-120-4192700 / 4192751
Fax No.:	91-120-4192744 / 732
Branches :	Located At: · Delhi · Ahmedabad · Bangalore · Bhopal · Bhubneshwar · Kolkata · Chennai · Hyderabad · Lucknow · Noida · Kathmandu (Nepal) · Mumbai · Nagpur · Patna · Pune · Surat

DIRECTORS

AS ON 31.07.2010

Name :

Mr. Umendra Kumar Gupta

Designation :

Director

Address :

1, Anupam Apartments MB Road, Opposite Saket, New Delhi 110068, India

Date of Birth/Age :

09.06.1954

Date of Appointment :

16.07.1993

DIN No.:

00491215

Other Directorship :

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	U74899DL1990PTC041208	UNITED WAREHOUSING PRIVATE LIMITED	Director	20-08-90	20-08-90	-	Active	NO
2	U51909DL1991PLC043077	HOLOSTIK INDIA LIMITED	Managing director	25-04-11	16-07-93	-	Active	NO
3	U74899DL1989PTC036219	UKAY POLYTECH PRIVATE LIMITED	Director	01-05-96	01-05-96	-	Active	NO
4	U72500DL1986PLC022959	UNITED SERVICES LIMITED	Director	22-08-01	22-08-01	-	Amalgamated	NO
5	U99999DL1985PLC020970	LIMITORQUE INDIA LIMITED	Director	01-06-04	01-06-04	28-02-09	Active	NO
6	U72300DL2004PTC127713	GLOBAL INFOZONE PRIVATE LIMITED	Director	20-07-04	20-07-04	-	Active	NO
7	U40107DL2005PTC134503	HARBINSONS ENERGY PRIVATE LIMITED	Director	24-06-05	24-06-05	-	Strike off	NO
8	U25202DL2005PTC141754	HOLOSTIK MULTIPACK PRIVATE LIMITED	Director	14-10-05	14-10-05	-	Active	NO
9	U70109DL2007PTC171924	UNITED ESTATE CREATORS PRIVATE LIMITED	Director	27-12-07	27-12-07	19-01-12	Active	NO
10	U72900DL2007PTC171937	UNITY SOFTECH PRIVATE LIMITED.	Director	27-12-07	27-12-07	-	Active	NO
11	U72900DL2007PTC171896	UNITED MULTITECH PRIVATE LIMITED.	Director	27-12-07	27-12-07	-	Active	NO
12	U70102DL2007PTC171955	HOLOSTIK INFRASTRUCTURE PRIVATE LIMITED.	Director	28-12-07	28-12-07	-	Active	NO
13	U70101DL1999PLC098885	MT. EVEREST CONSTRUCTIONS LIMITED	Director	12-02-08	12-02-08	01-08-10	Active	NO
14	U55101DL2008PTC174374	HOLOSTIK HOSPITALITY PRIVATE LIMITED	Director	22-02-08	22-02-08	-	Active	NO
15	U55101DL2009PTC193926	HOLOSTIK ENTERTAINMENT PRIVATE LIMITED	Director	04-09-09	04-09-09	-	Active	NO
16	U74900DL2010PTC205502	VALUE ADDED TECHNOLOGIES PRIVATE LIMITED	Director	08-07-10	08-07-10	-	Active	NO
17	U45202DL2000PTC104740	GREYHOUND ENGINEERS INDIA PRIVATE LIMITED	Additional director	18-12-10	18-12-10	02-09-11	Active	NO
18	U18204DL2007PTC158595	SPCC APPAREL & SOFTWARE PRIVATE LIMITED	Director	28-02-11	28-02-11	-	Active	NO
19	U74140DL2011PTC218490	HOLOSTIK INDIA (AP) PRIVATE LIMITED	Director	03-05-11	03-05-11	-	Active	NO
20	U36900DL2011PTC225508	NEW SOVEREIGN VENTURES PRIVATE LIMITED	Director	26-09-11	26-09-11	-	Active	NO

Name :

Mr. Mahender Kumar Gupta

Designation :

Director

Address :

B-108, Sarvodaya Enclave, New Delhi 110017, India

Date of Birth/Age :

14.02.1944

Date of Appointment :

12.01.1993

DIN No.:

00491469

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	U51909DL1991PLC043077	Holostik India Limited	Director	12-01-93	12-01-93	Active	NO
2	U74899DL1995PLC073618	Greater Noida Habitat Centre Limited	Director	05-05-05	05-05-05	Active	NO
3	U80110DL2006PTC147125	Greater Noida Hospital Private Limited	Director	06-03-06	06-03-06	Active	NO
4	U20296DL2007PTC162440	Fini Furnitures Private Limited	Director	23-04-07	23-04-07	Active	YES
5	U25209DL2004PTC124845	A N Polytech Private Limited	Director	16-03-09	16-03-09	Active	NO
6	U92490DL2009PTC191059	magnum recreational centre private Limited	Director	09-06-09	09-06-09	Active	NO
7	U18101DL2005PTC138282	MNP Apparel Private Limited	Additional director	01-03-11	01-03-11	Active	NO

Name :

Mr. Alok Kumar Gupta

Designation :

Director

Address :

26-C, Vijay Mandal Enclave, New Delhi 110017, India

Date of Birth/Age :

02.01.1954

Date of Appointment :

14.03.1995

DIN No.:

00491049

Other Directorship :

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	U74899DL1990PTC041208	UNITED WAREHOUSING PRIVATE LIMITED	Director	21-11-92	21-11-92	-	Active	NO
2	U74899DL1989PTC036219	UKAY POLYTECH PRIVATE LIMITED	Director	14-03-95	14-03-95	-	Active	NO
3	U51909DL1991PLC043077	HOLOSTIK INDIA LIMITED	Director	14-03-95	14-03-95	-	Active	NO
4	U01122RJ2012PTC037993	HOLOSTIK AGRO PRIVATE LIMITED	Director	22-02-12	22-02-12	-	Active	NO

Name :

Mr. Ankit Gupta

Designation :

Director

Address :

1, Anupam Apartments MB Road, Opposite Saket, New Delhi 110038, India

Date of Birth/Age :

17.06.1970

Date of Appointment :

19.05.2004

DIN No.:

00491172

Other Directorship :

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	U74899DL1989PTC036219	UKAY POLYTECH PRIVATE LIMITED	Director	06-04-04	06-04-04	20-04-10	Active	NO
2	U72300DL2004PTC127713	GLOBAL INFOZONE PRIVATE LIMITED	Director	20-07-04	20-07-04	-	Active	NO
3	U51909DL1991PLC043077	HOLOSTIK INDIA LIMITED	Whole-time director	06-12-10	01-02-05	-	Active	NO
4	U74899DL1988PTC033597	NORTHERN STEEL FAB INDUSTRIES PRIVATE LIMITED	Director	11-02-05	11-02-05	01-06-11	Active	NO
5	U72200DL2005PTC134559	HOLOSTIK MULTITECH PRIVATE LIMITED	Director	30-03-05	30-03-05	-	Active	NO
6	U72500DL1986PLC022959	UNITED SERVICES LIMITED	Director	09-12-06	09-12-06	-	Amalgamated	NO
7	U70109DL2007PTC171924	UNITED ESTATE CREATORS PRIVATE LIMITED	Director	27-12-07	27-12-07	19-01-12	Active	NO
8	U72900DL2007PTC171896	UNITED MULTITECH PRIVATE LIMITED.	Director	27-12-07	27-12-07	-	Active	NO
9	U70102DL2007PTC171955	HOLOSTIK INFRASTRUCTURE PRIVATE LIMITED.	Director	28-12-07	28-12-07	-	Active	NO
10	U55101DL2008PTC174374	HOLOSTIK HOSPITALITY PRIVATE LIMITED	Director	22-02-08	22-02-08	-	Active	NO
11	U25202DL2005PTC141754	HOLOSTIK MULTIPACK PRIVATE LIMITED	Director	19-01-09	19-01-09	-	Active	NO
12	U55101DL2009PTC193926	HOLOSTIK ENTERTAINMENT PRIVATE LIMITED	Whole-time director	01-04-10	04-09-09	-	Active	NO
13	U45202DL2000PTC104740	GREYHOUND ENGINEERS INDIA PRIVATE LIMITED	Additional director	18-12-10	18-12-10	02-09-11	Active	NO
14	U72900DL2007PTC171937	UNITY SOFTECH PRIVATE LIMITED.	Director	28-02-11	28-02-11	-	Active	NO
15	U18204DL2007PTC158595	SPCC APPAREL & SOFTWARE PRIVATE LIMITED	Director	28-02-11	28-02-11	-	Active	NO
16	U74140DL2011PTC218490	HOLOSTIK INDIA (AP) PRIVATE LIMITED	Director	03-05-11	03-05-11	-	Active	NO
17	U45400DL2010PTC198850	MIDAS BUILDTECH PRIVATE LIMITED	Additional director	23-05-11	23-05-11	-	Active	NO
18	U45200DL2011PTC229026	DA VILLA DEVELOPERS PRIVATE LIMITED	Director	20-12-11	20-12-11	-	Active	NO

Name :

Mr. Shobhit Gupta

Designation :

Director

Address :

Flat No. 1, Anupam Apartments, M. B. Road, New Delhi 110068, India

Date of Birth/Age :

10.05.1983

Date of Appointment :

08.06.2007

DIN No.:

00535297

Other Directorship :

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	U74899DL1989PTC036219	UKAY POLYTECH PRIVATE LIMITED	Director	06-04-04	06-04-04	20-04-10	Active	NO
2	U72300DL2004PTC127713	GLOBAL INFOZONE PRIVATE LIMITED	Director	20-07-04	20-07-04	-	Active	NO
3	U74899DL1988PTC033597	NORTHERN STEEL FAB INDUSTRIES PRIVATE LIMITED	Director	11-02-05	11-02-05	01-06-11	Active	NO
4	U72200DL2005PTC134559	HOLOSTIK MULTITECH PRIVATE LIMITED	Director	30-03-05	30-03-05	-	Active	NO
5	U51909DL1991PLC043077	HOLOSTIK INDIA LIMITED	Whole-time director	06-12-10	01-10-07	-	Active	NO
6	U70109DL2007PTC171924	UNITED ESTATE CREATORS PRIVATE LIMITED	Director	27-12-07	27-12-07	19-01-12	Active	NO
7	U72900DL2007PTC171937	UNITY SOFTECH PRIVATE LIMITED.	Director	27-12-07	27-12-07	-	Active	NO
8	U70102DL2007PTC171955	HOLOSTIK INFRASTRUCTURE PRIVATE LIMITED.	Director	28-12-07	28-12-07	-	Active	NO
9	U25202DL2005PTC141754	HOLOSTIK MULTIPACK PRIVATE LIMITED	Director	19-01-09	19-01-09	-	Active	NO
10	U72900DL2007PTC171896	UNITED MULTITECH PRIVATE LIMITED.	Whole-time director	01-04-10	03-04-09	-	Active	NO
11	U45202DL2000PTC104740	GREYHOUND ENGINEERS INDIA PRIVATE LIMITED	Additional director	18-12-10	18-12-10	02-09-11	Active	NO
12	U18204DL2007PTC158595	SPCC APPAREL & SOFTWARE PRIVATE LIMITED	Director	28-02-11	28-02-11	-	Active	NO
13	U74140DL2011PTC218490	HOLOSTIK INDIA (AP) PRIVATE LIMITED	Director	03-05-11	03-05-11	-	Active	NO
14	U01122RJ2012PTC037993	HOLOSTIK AGRO PRIVATE LIMITED	Director	22-02-12	22-02-12	-	Active	NO

Name :

Mr. Ritesh Rupramka

Designation :

Whole Time Director

Address :

A-37, Sector – 17, Noida, Uttar Pradesh, India

Date of Birth/Age :

05.08.1973

Date of Appointment :

01.08.2012

DIN No.:

00559477

Name :

Mrs. Neha Gupta

Designation :

Whole Time Director

Address :

J-15, Saket, New Delhi - 110017

Date of Birth/Age :

18.03.1981

Date of Appointment :

01.08.2010

DIN No.:

02145197

Other Directorships :

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	U70102DL2007PTC171955	HOLOSTIK INFRASTRUCTURE PRIVATE LIMITED.	Additional director	01-04-08	01-04-08	-	Active	NO
2	U51909DL1991PLC043077	HOLOSTIK INDIA LIMITED	Whole-time director	01-08-10	01-04-10	-	Active	NO

Name :

Mrs. Saroj Rupramka

Designation :

Director

Address :

A-37, Sector – 17, Noida, Uttar Pradesh, India

Date of Birth/Age :

06.04.1953

Date of Appointment :

13.09.2010

DIN No.:

03280895

KEY EXECUTIVES

Name :	Mr. D.C. Mathur
Designation :	Company Secretary
Address :	L-361, Sarita Vihar, New Delhi – 110076, India
Date of Birth/Age :	01.12.1957
Date of Appointment :	01.06.2010

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 31.07.2010

Names of Shareholders	No. of Shares
Saroj Rupramka and Ritesh Rupramka	623850
Ritesh Rupramka	169500
Rohit Rupramka	180000
Shalini Rupramka	3000
Mahendra KR Gupta	462800
M K Gupta - HUF	232500
Mohit Gupta	272127
Namita Gupta	444150
U K Gupta (HUF)	1886520
U K Gupta	1458888
Alok Kumar Gupta	10770
Rachna Gupta	6000
S.K.Garg	17727
Shail Garg	3000
Shrddha Garg	1500
Neeru Jain	150000
United Hanware Privatr Limited, India	866043
Atul Bhargava	14400
Kamla Bhargava	75000
Sapan Bhargava	7200

As on: 31.03.2011

Equity Share Breakup		Percentage of Holding
Category
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]		7.40
Bodies corporate		12.00
Directors or relatives of directors		72.04
Other top fifty shareholders		8.56
	Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer of Security Holograms and Holographic Products, Authentication and Promotional Purposes.
Products :	· Hologram · Holographic Hot Stamping Foil · Holographic Wads · Holographic Strip · Holographic Pouch · Holographic Labels · Holographic Scratch · Holographic Board · Holographic Aluminum Foil · Holographic Transparent Laminate · Holographic Breakable Vinyl · Holographic Wide Web Film · Shrink Sleeves with Holography
Exports :
Countries :	Kenya, Maldives, UAE, Sri Lanka, China, Singapore, UK
Terms :
Selling :	L/C, Cash and Credit
Purchasing :	L/C, Cash and Credit

GENERAL INFORMATION

No. of Employees :

1000 (Approximately)

Bankers :

State Bank of India, Commercial Branch, Vardhman Trade Center, Nehru Place, New Delhi 110019, India

Facilities :

TL Rs.63.000 Millions (From State Bank of India)

Secured Loan Particular	As on 31.03.2011 (Rs In Millions)	As on 31.03.2010 (Rs in Millions)
Rupee term loans Bank secured	33.064	63.266
Working capital loans Bank secured	67.675	74.256
Loans taken for Vehicles secured	0.921	4.989
Total	101.660	142.511

Banking Relations :	--
Auditors :
Name :	Vinod Kumar and Associates Chartered Accountant
Address 1:	5047, Chiranjiv Tower, 43, Nehru Place, New Delhi 110019, India
Address 2:	4696, Brij Bhawan, 21A, Ansari Road, Darya Ganj, New Delhi 110002, India
Associates/Subsidiaries :	· United Multitech Private Limited Activity: Manufacturer of Holography Products · Holostik Entertainment Private Limited

CAPITAL STRUCTURE

As on: 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
20000000	Equity Shares	Rs. 10 each	Rs.200.000 Millions

ssued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
8921940	Equity Shares	Rs. 10 each	Rs.89.219 Millions

Note:

(Out of the above 473980 equity shares of Rs.10 each fully paid were allotted to the shareholders of erstwhile united services limited pursuant to the scheme of amalgamation without payment being received in cash)

(Out of above 6142960 equity shares have been allotted as fully paid up bonus shares by capitalization of reserves.)

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		89.219	89.219	29.740
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		686.464	547.870	490.456
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		775.683	637.089	520.196
LOAN FUNDS
1] Secured Loans		101.660	142.511	154.242
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		101.660	142.511	154.242
DEFERRED TAX LIABILITIES		62.237	57.311	52.524
TOTAL		939.580	836.911	726.962
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		540.840	517.283	487.466
Capital work-in-progress		0.000	18.340	0.000
INVESTMENT		18.249	12.154	0.904
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	78.267	66.165	56.377
	Sundry Debtors	226.222	258.095	193.345
	Cash & Bank Balances	10.303	12.354	8.579
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	210.954	114.839	71.056
Total Current Assets		525.746	451.453	329.357
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	84.271	95.759	49.494
	Other Current Liabilities	29.791	35.682	26.857
	Provisions	31.193	30.878	14.414
Total Current Liabilities		145.255	162.319	90.765
Net Current Assets		380.491	289.134	238.592
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		939.580	836.911	726.962

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	887.550	810.243	709.241
		Other Income	40.754	6.571	9.841
		TOTAL (A)	928.304	816.814	719.082
Less	EXPENSES
		Consumption material changes inventories	387.647	332.724
		Manufacturing service costs	49.190	57.999
		Employee related expenses	121.106	110.417
		Administrative selling other expenses	129.059	111.238
		TOTAL (B)	687.002	612.378	527.892
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		241.302	204.436	191.190
Less	FINANCIAL EXPENSES (D)		21.437	20.991	22.303
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		219.865	183.445	168.887
Less/ Add	DEPRECIATION/ AMORTISATION (F)		32.048	29.872	28.556
	PROFIT BEFORE TAX (E-F) (G)		187.817	153.573	140.331
Less	TAX (H)		28.369	15.577	20.271
	PROFIT AFTER TAX (G-H) (I)		159.448	137.996	120.060
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		NA	399.876	298.148
Less	APPROPRIATIONS		NA	33.308	50.808
	BALANCE CARRIED TO THE B/S		NA	486.769	399.875
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	NA	27.957	20.397
	IMPORTS
		Raw Materials	NA	5.944	4.695
		Stores & Spares	NA	2.679	4.463
		Capital Goods	NA	19.025	43.102
	TOTAL IMPORTS		NA	27.648	52.260
	Earnings Per Share (Rs.)		17.87	15.47	13.46

Particulars	31.03.2012
Sales Turnover (Approximately)	900.000

The above information has been parted by Mr. Dinesh

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	17.18	16.89	16.69
Net Profit Margin (PBT/Sales)	(%)	21.16	18.95	19.78
Return on Total Assets (PBT/Total Assets}	(%)	17.61	15.85	17.18
Return on Investment (ROI) (PBT/Networth)		0.24	0.24	0.26
Debt Equity Ratio (Total Liability/Networth)		0.32	0.48	0.47
Current Ratio (Current Asset/Current Liability)		3.62	2.78	3.63

LOCAL AGENCY FURTHER INFORMATION

Check List by Info Agents	Available in Report [Yes/No]
Year of Establishment	Yes
Locality of the Firm	Yes
Construction of the firm	Yes
Premises details	Yes
Type of Business	Yes
Line of Business	Yes
Promoters background	Yes
No. of Employees	Yes
Name of Person Contacted	Yes
Designation of contact person	Yes
Turnover of firm for last two years	Yes
Profitability for last three years	Yes
Reasons for variation <> 20%	-
Estimation for coming financial year	Yes
Capital the business	Yes
Details of sister concerns	Yes
Major Suppliers	No
Major Customers	No
Payment Terms	Yes
Export / Import Details [If Applicable]	Yes
Market Information	-
Litigations that the firm / promoter involved in	-
Banking Details	Yes
Banking Facility Details	Yes
Conduct of the banking account	-
Buyer visit details	-
Financials, if provided	Yes
Incorporation details, if applicable	Yes
Last accounts filed at ROC	Yes
Major Shareholders, if applicable	Yes

Operations:

During the year the Gross Turnover increased to Rs.900.400 Millions compared to Rs.814.500 Millions in the previous year resulting in the growth of more than 10%. The net profits of the Company have increased significantly from Rs.138.000 Millions to Rs.159.400 Millions. During the year 2010-11, the raw material costs increased substantially, especially because of unprecedented increase in the price of polyester film and stamping foil. These prices are coming down to a realistic level during the current year.

During the year the company made substantial investment in Plant and Machinery to improve its productivity and to acquire latest techniques to enhance the security level of its products. The company has also invested in special and unique materials to protect the security required by State Excise Departments and other customers. It has also provided additional and unique security features for its Domestic as well as Overseas customers.

The Company had invested in United Multitech Private Limited in 2008-09, making it a subsidiary of your company. During the year ended 31.3.2011, the company, which deals in Chemicals, recorded a turnover of Rs.151.800 Millions and a net profit of Rs.4.740 Millions, in its second year of operations. The dividend income from the subsidiary company in 2010-11 was much more than the capital invested by your company.

During the year ended on 31.3.2011, the company has invested in another subsidiary company, SPCC Apparel & Software Private Limited. However the Company reduced its stakes from another erstwhile subsidiary company namely Holostik Entertainment Private Limited, which is now no more a subsidiary of the Company.

Future Outlook:

The Company is maintaining its leadership position in the area of Secured Holography in India, due to continuous investment in innovations and investment in Research and Development. It has also increased its Exports substantially during the year. It is expected that the growth rate of the company would be better than the growth rate of the industry.

Secured Holography industry is growing steadily in India. The potential for growth in the industry is good. The initiative has to come from Government to make application of Holograms mandatory on various products. Usage of Hologram on liquor bottles has substantially increased the revenue of various state governments. Similarly the Government can increase its revenue by using Holograms as tax stamps. Various countries have taken such initiative which has not only increased the Government Revenue but has also minimised the menace of duplication.

The Company is also investing large amount in printing of High Quality Labels to cater to the needs of its existing and prospective customers. It is also setting up a state of art facility in Greater Noida, the production from which is expected in next year.

Bankers Charges Report as per Registry

Corporate identity number (CIN) or foreign company registration number of the company	U51909DL1991PLC043077
Name of the company	HOLOSTIK INDIA LIMITED
Address of the registered office or of the principal place of business in India of the company	30/6, Ground Floor, Devika Tower, 6, Nehru Place, New Delhi – 110 019, Delhi, India E-Mail : dinesh@holostik.com
This form is for	Modification of charge
Charge identification (ID) number of the charge to be modified	10003283
Type of charge	Immovable property
Particular of charge holder	State Bank of India, Commercial Branch, Vardhman Trade Center Nehru Place, New Delhi – 110019, Delhi, India E-mail: parmar.c.shekhar@sbi.co.in
Nature of instrument creating charge	Copy of recital
Date of instrument Creating the charge	23.12.2011
Amount secured by the charge	Rs.90.000 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of interest NA being a mortgage charge Terms of repayment On demand Margin Nil Extent and operation of the charge 100%
Short particulars of the property or asset(s) charged (including complete address and location of the property)	EM ON CO'S immovable property comprising Land & Building situated at W-44,Sector-11 Noida U.P ( 800 SQM) together with all present & future infrastructure thereon EM on co's immovable at Plot No.A-129, Sector -43 Noida U.P. together with all present & future infrastructure thereon For securing the credit facilities sanctioned to m/s united warehousing Private Limited in which company has given the corporate guarantee. Immovable property no.(1) will also secure the credit facilities sanctioned to The Holostik India Limited of Rs.355.200 Millions
Particulars of the present modification	Credit facilities of Rs.90.000 Millions sanctioned to M/S United Warehousing Private Limited further secured by way of co's immovable property comprising land & building situated at W-44,Sector-11 Noida U.P ( 800 SQM) and immovable at Plot No.A-129, Sector -43 Noida U.P together with all present & future infrastructure there on.

Fixed Assets:

· Land and Building

· Plant and Machinery

· Furniture and Fittings

· Vehicles

· Computer

· Office Equipment

·

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.51.63
UK Pound	1	Rs.81.94
Euro	1	Rs.67.65

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	6
--PROFITABILIRY	1~10	6
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		49

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.