MIRA INFORM REPORT

Report Date :

21.04.2012

IDENTIFICATION DETAILS

Name :	AZ INFOLINK PRIVATE LIMITED
Formerly Known As :	CHETAN INDIA ENTERPRISE
Registered Office :	372, Aggarwal Cyber Plaza – II, Netaji Subhash Place, Pitampura, Delhi – 110034
Country :	India
Date of Incorporation :	08.02.2011
Com. Reg. No.:	55-213515
Capital Investment / Paid-up Capital :	Rs.0.200 Million
CIN No.: [Company Identification No.]	U72900DL2011PTC213515
TAN No.: [Tax Deduction & Collection Account No.]	DELA28730C
Legal Form :	Private Limited Liability Company
Line of Business :	Trader and Importer of Mobile Handsets and Security Products.
No. of Employees :	40 (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 :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is a successor of Chetan India Enterprise, a partnership concern started in the year 2002. Trade relations are reported as fair. Business is active. Payments are reported to be slow. 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. Sakshi
Designation :	Operational Manager in Accounts and Finance
Contact No.:	91-11-47014850
Date :	12.04.2012

LOCATIONS

Registered Office :	372, Aggarwal Cyber Plaza – II, Netaji Subhash Place, Pitampura, Delhi – 110034
Tel. No.:	91-11-47014850 /48/ 49
Fax No.:	91-11-47014850
E-Mail :	sagar.gulati@azlink.in sales@azlink.in chawla_fca7@rediffmail.com
Website :	www.azlink.in www.azinfolink.com
Area :	500 Sq FT
Location :	Rented
Corporate Office :	3rd Floor Regent Mall, Hardyan Singh Road, Karol Bagh, New Delhi-11005, India
Tel. No.:	91-80-25801295
Fax No.:	91-80-41548191
Overseas Office :	Located at: Honk Kong China

DIRECTORS

Name :

Mr. Pradeep Om Prakash Nagpal

Designation :

Director

Address :

A-55, Block A, Parshant Vihar, Delhi – 110085, India

Date of Birth/Age :

27.09.1973

Date of Appointment :

08.02.2011

DIN No.:

03342561

Name :

Mr. Sachin Ramesh Kumar Katyal

Designation :

Director

Address :

406, Sterlite Apartments, Sector – 14, Extension, Rohini, Delhi – 110085, India

Date of Birth/Age :

20.09.1983

Date of Appointment :

08.02.2011

DIN No.:

03347203

Name :

Mr. Satpal Luthra

Designation :

Director

Address :

C-165, Pushpanjali Enclave, Pitampura, Delhi – 110034, India

Date of Birth/Age :

05.05.1951

Date of Appointment :

08.02.2011

DIN No.:

01891961

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	U45206DL2008PLC172117	DIVINE VISION INFRATECH LIMITED	Additional director	12-01-08	12-01-08	-	Active	NO
2	U55101DL2006PTC151775	RAMA KRISHNA HOTELS PRIVATE LIMITED	Director	02-04-10	02-04-10	-	Active	NO
3	U72900DL2011PTC213515	AZ INFOLINK PRIVATE LIMITED	Director	08-02-11	08-02-11	06-06-11	Active	NO

KEY EXECUTIVES

Name :	Ms. Sakshi
Designation :	Operational Manager in Accounts and Finance

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

Names of Shareholders	No. of Shares
Pradeep Om Prakash Nagpal	5000
Sachin Ramesh Kumar Katyal	5000
Satpal Luthra	10000
TOTAL	20000

BUSINESS DETAILS

Line of Business :	Trader and Importer of Mobile Handsets and Security Products.
Imports :
Products :	Mobile Handset and Security Products
Countries :	China Hong Kong
Terms :
Selling :	Cash and Credit
Purchasing :	Cash and Advance Payment

GENERAL INFORMATION

Suppliers :	Asia Luck Industrial
Customers :	Wholesalers Mangalam Limited, Rajasthan
No. of Employees :	40 (Approximately)
Bankers :	Yes Bank, Netaji Subhash

Banking Relations :	--
Auditors :
Name :	MTR Consultant Chartered Accountant
Address :	Delhi, India
Sister Concern :	Ramkrishna Electro Components Private Limited , Delhi Line of Business : Trader of Electro Components Devine City, Delhi Line of Business : Builder Group

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital : Rs.2.500 Millions

No. of Shares	Type	Value	Amount
250000	Equity Shares	Rs.10/- each	Rs.2.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
20000	Equity Shares	Rs.10/- each	Rs.0.200 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

Particulars	31.03.2012
Sales Turnover (Approximately)	25.000

Expected Sales (2012-13) : Rs.40.000 Millions

The above information has been parted by Ms. Sakshi – Partner

CHETAN INDIA ENTERPRISE

PARTNERSHIP FIRM

Particulars	31.03.2011
Sales Turnover (Approximately)	15.000 (Partnership firm Sale Turnover)

LOCAL AGENCY FURTHER INFORMATION

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	Yes
8) No. of employees	Yes
9) Name of person contacted	Yes
10) Designation of contact person	Yes
11) Turnover of firm for last two years	Yes
12) Profitability for last three years	No
13) Reasons for variation <> 20%	--
14) Estimation for coming financial year	Yes
15) Capital in the business	Yes
16) Details of sister concerns	Yes
17) Major suppliers	Yes
18) Major customers	Yes
19) Payments terms	Yes
20) Export / Import details (if applicable)	Yes
21) Market information	--
22) Litigations that the firm / promoter	--
23) Banking Details	Yes
24) Banking facility details	No
25) Conduct of the banking account	--
26) Buyer visit details	--
27) Financials, if provided	Yes
28) Incorporation details, if applicable	Yes
29) Last accounts filed at ROC	No
30) Major Shareholders, if available	Yes

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.51.99
UK Pound	1	Rs.83.54
Euro	1	Rs.68.39

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	3
--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	NO
--AFFILIATION	YES/NO	YES
--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	-

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.