MIRA INFORM REPORT

Report Date :

07.08.2012

IDENTIFICATION DETAILS

Name :	BRANDAVAN CATERERS PRIVATE LIMITED
Registered Office :	Opposite Railway Station Road, Durg – 41001, Chhattisgarh
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	13.03.2009
Com. Reg. No.:	10-021099
Capital Investment / Paid-up Capital :	Rs.0.100 Million
CIN No.: [Company Identification No.]	U55209CT2009PTC021099
Legal Form :	Private Limited Liability Company
Line of Business :	Railway Catering Business
No. of Employees :	Not Available

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

Maximum Credit Limit :	USD 400
Status :	Small company
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is a small company in its field. Its scale of activities are limited. Trade relations are reported to be fair. Business is active. Payments are reported to be slow. The company can be considered for business dealing 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 – June 30, 2012

Country Name	Previous Rating (31.03.2012)	Current Rating (30.06.2012)
India	A1	A1

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

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

INFORMATION PARTED BY

Name :	Mr. Rahul Agrawal
Designation :	Director
Contact No.:	91-9910492215
Date :	31.07.2012

LOCATIONS

Registered Office :	Opposite Railway Station Road, Durg – 41001, Chhattisgarh, India
Tel. No.:	Not Available
Mobile No.:	91-9910492215 (Mr. Rahul Agrawal)
Fax No.:	Not Available
E-Mail :	casclekhwani_company@rediffmail.com

DIRECTORS

As on 30.09.2011

Name :

Mr. Abhishek Agrawal

Designation :

Director

Address :

Satyam Shivam Sundaram, Deepak Nagar. Durg – 491001, Chattisgart, India

Date of Birth/Age :

20.06.1974

Date of Appointment :

13.03.2009

DIN No.:

00394853

Other Directorship

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U55204CT2001PTC014767	R.K.VICTUALS PRIVATE LIMITED	Director	10/8/2001	10/8/2001	-	Active	NO
2	U60231CT2007PTC020314	R.K. TRANSLINE PRIVATE LIMITED	Director	29/06/2007	29/06/2007	-	Active	NO
3	U63013DL2002PTC116571	SEA SURE CARGO MOVERS PRIVATE LIMITED	Director	16/10/2007	16/10/2007	19/11/2008	Active	NO
4	U55101CT2007PTC020297	R.K. HOTLIERS AND DEVELOPERS PRIVATE LIMITED	Director	10/1/2008	10/1/2008	-	Active	NO
5	U55209CT2009PTC021099	BRANDAVAN CATERERS PRIVATE LIMITED	Director	13/03/2009	13/03/2009	-	Active	NO
6	U74899DL1995PTC068234	ANGEL BABY PRODUCTS PRIVATE LIMITED	Director	29/09/2010	21/03/2010	-	Active	NO
7	U55209CT2008PTC020938	R.K. RESTAURANT AND FOOD SERVICES PRIVATE LIMITED.	Director	24/09/2010	24/09/2010	21/04/2011	Active	NO
8	U70101CT2011PTC022389	RAMRATAN REAL ESTATE PRIVATE LIMITED	Director	25/03/2011	25/03/2011	-	Active	NO
9	U45101GJ2006PTC048291	PACIFICA HOTELS (AHMEDABAD PROJECT) PRIVATE LIMITED	Additional director	24/03/2012	24/03/2012	-	Active	NO
10	U70102CT2012PTC000386	SANAT VILLA PRIVATE LIMITED	Director	4/6/2012	4/6/2012	-	Active	NO
11	U14200AS2012PTC011113	A.R. MINES AND MINERALS EXTRACTION COMPANY PRIVATE LIMITED	Director	6/6/2012	6/6/2012	-	Active	NO

Name :

Mr. Rahul Agrawal

Designation :

Director

Address :

Satyam Shivam Sundaram, Deepak Nagar. Durg – 491001, Chattisgart, India

Date of Birth/Age :

03.05.1923

Date of Appointment :

13.03.2009

DIN No.:

00394805

Other Directorship

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U55204CT2001PTC014767	R.K.VICTUALS PRIVATE LIMITED	Director	10/8/2001	10/8/2001	-	Active	NO
2	U60231CT2007PTC020314	R.K. TRANSLINE PRIVATE LIMITED	Director	29/06/2007	29/06/2007	-	Active	NO
3	U63013DL2002PTC116571	SEA SURE CARGO MOVERS PRIVATE LIMITED	Director	16/10/2007	16/10/2007	19/11/2008	Active	NO
4	U55101CT2007PTC020297	R.K. HOTLIERS AND DEVELOPERS PRIVATE LIMITED	Director	10/1/2008	10/1/2008	-	Active	NO
5	U55101CT2008PTC020849	R.K. INNS AND CATERING SERVICES PRIVATE LIMITED	Director	8/9/2008	8/9/2008	12/11/2009	Active	NO
6	U55209CT2009PTC021099	BRANDAVAN CATERERS PRIVATE LIMITED	Director	13/03/2009	13/03/2009	-	Active	NO
7	U74899DL1995PTC068234	ANGEL BABY PRODUCTS PRIVATE LIMITED	Director	29/09/2010	21/03/2010	-	Active	NO
8	U70101CT2011PTC022246	VANSH DEVCON AND CATERERS PRIVATE LIMITED	Director	6/1/2011	6/1/2011	-	Active	NO
9	U70101CT2011PTC022389	RAMRATAN REAL ESTATE PRIVATE LIMITED	Director	25/03/2011	25/03/2011	-	Active	NO
10	U45101GJ2006PTC048291	PACIFICA HOTELS (AHMEDABAD PROJECT) PRIVATE LIMITED	Additional director	24/03/2012	24/03/2012	-	Active	NO
11	U70102CT2012PTC000386	SANAT VILLA PRIVATE LIMITED	Director	4/6/2012	4/6/2012	-	Active	NO
12	U14200AS2012PTC011113	A.R. MINES AND MINERALS EXTRACTION COMPANY PRIVATE LIMITED	Director	6/6/2012	6/6/2012	-	Active	NO

Name :

Mr. Hemant Agrawal

Designation :

Director

Address :

Naman, House-31, Sector-1, Geetanjali Nagar, Raipur – 492001, Chattisgart, India

Date of Birth/Age :

02.03.1959

Date of Appointment :

13.03.2009

DIN No.:

02533140

Name :

Mr. Kunal Mittal

Designation :

Director

Address :

Laxmi Kunj, Rani Bandh, Baewa Road, Dhanbad - 826001, Jharkhand, India

Date of Birth/Age :

06.11.1984

Date of Appointment :

05.05.2011

DIN No.:

01062541

Other Directorship

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U36101WB1998PTC087250	SAKSHI EXPORTS PRIVATE LIMITED	Director	14/01/2008	14/01/2008	-	Active	NO
2	U13100MP2008PTC020728	M R P IRON ORE IMPEX PRIVATE LIMITED	Director	19/05/2008	19/05/2008	3/12/2011	Active	NO
3	U85110TN2003PTC051101	FRONTIER LIFELINE PRIVATE LIMITED	Director	1/11/2008	1/11/2008	-	Active	NO
4	U15549DL2009PTC189807	MITTAL GLOBAL WINES PRIVATE LIMITED	Director	29/04/2009	29/04/2009	-	Active	NO
5	U55101DL2009PTC194847	LA MAISON HOSPITALITY PRIVATE LIMITED	Director	1/10/2009	1/10/2009	-	Active	NO
6	U52100DL2009PTC194843	LA MAISON FASHION PRIVATE LIMITED	Director	1/10/2009	1/10/2009	-	Active	NO
7	U92412DL2009PTC195113	P3P ENTERTAINMENT PRIVATE LIMITED	Director	12/10/2009	12/10/2009	-	Active	NO
8	U52100DL2009PTC196591	LA MAISON RETAIL PRIVATE LIMITED	Director	3/12/2009	3/12/2009	-	Active	NO
9	U27101WB2007PTC117780	AAKASH IRON AND STEEL PRIVATE LIMITED	Director	15/06/2010	15/06/2010	-	Active	NO
10	U55209CT2009PTC021099	BRANDAVAN CATERERS PRIVATE LIMITED	Director	5/5/2011	5/5/2011	-	Active	NO

Name :

Mr. Kedar Nath Mittal

Designation :

Director

Address :

Laxmi Kunj, Rani Bandh, Baewa Road, Dhanbad - 826001, Jharkhand, India

Date of Birth/Age :

05.12.1959

Date of Appointment :

05.05.2011

DIN No.:

00230945

Other Directorship

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U23109WB1988PTC045524	AKASH COKE INDUSTRIES PRIVATE LIMITED	Director	8/11/1988	8/11/1988	-	Active	NO
2	U36101WB1998PTC087250	SAKSHI EXPORTS PRIVATE LIMITED	Director	7/2/2002	7/2/2002	-	Active	NO
3	U27107WB2002PTC094972	SHIV SHAKTI STEEL PRIVATE LIMITED	Managing director	1/8/2002	1/8/2002	1/7/2008	Active	NO
4	U51109WB1995PTC073680	CHAKRAPANI TRADING PRIVATE LIMITED	Director	28/11/2003	28/11/2003	-	Active	NO
5	U60221WB1997PTC082667	PANNA SALES PRIVATE LIMITED	Director	28/11/2003	28/11/2003	-	Active	NO
6	U15531WB2006PTC108063	K K BREWERIES PRIVATE LIMITED	Director	17/02/2006	17/02/2006	10/3/2012	Active	NO
7	U14220DL2007PTC165599	MG COAL MINES PRIVATE LIMITED	Director	6/7/2007	6/7/2007	30/10/2008	Active	NO
8	U27101WB2007PTC117780	AAKASH IRON AND STEEL PRIVATE LIMITED	Director	10/8/2007	10/8/2007	-	Active	NO
9	U13100MP2008PTC020728	M R P IRON ORE IMPEX PRIVATE LIMITED	Director	19/05/2008	19/05/2008	-	Active	NO
10	U15549DL2009PTC189807	MITTAL GLOBAL WINES PRIVATE LIMITED	Director	29/04/2009	29/04/2009	-	Active	NO
11	U91110JH1935GAP000071	INDUSTRIES AND COMMERCE ASSOCIATION	Director	29/06/2009	29/06/2009	-	Active	NO
12	U55101DL2009PTC194847	LA MAISON HOSPITALITY PRIVATE LIMITED	Director	19/06/2010	19/06/2010	-	Active	NO
13	U55209CT2009PTC021099	BRANDAVAN CATERERS PRIVATE LIMITED	Director	5/5/2011	5/5/2011	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2011

Names of Shareholders	No. of Shares
Rahul Agrawal	4000
Abhishek Agrawal	5000
Hemant Agrawal	1000
Total	10000

As on 30.09.2011

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Railway Catering Business
Products / Services :	Hoteliers, Caterers and Restaurant etc.
Terms :
Selling :	Cash / Credit (30 Days)
Purchasing :	Cash / Credit (30 Days)

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

· Bank of India, Delhi, India

· ICICI Bank, Delhi, India

Facilities :

(Rs. In Millions)

Unsecured Loan	As on 31.03.2011	As on 31.03.2010
Abhishek Agrawal	1.213	0.000
Rahul Agarwal	1.200	0.000
Total	2.413	0.000

Banking Relations :	--
Auditors :
Name :	Priyanka Bafna and Company Chartered Accountants
Address :	13/9, Phase-II, Rishabh Colony, Durg – 491001, Chattisgarh, India
PAN.:	ALQPB4297B

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital :

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
10000	Equity Shares	Rs.10/- each	Rs.0.100 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		0.100	0.100
2] Share Application Money		0.000	0.000
3] Reserves & Surplus		0.014	0.000
4] (Accumulated Losses)		0.000	0.000
NETWORTH		0.114	0.100
LOAN FUNDS
1] Secured Loans		0.000	0.000
2] Unsecured Loans		2.413	0.000
TOTAL BORROWING		2.413	0.000
DEFERRED TAX LIABILITIES		0.003	0.000
TOTAL		2.530	0.100
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		1.969	0.000
Capital work-in-progress		0.000	0.000
INVESTMENT		0.000	0.000
DEFERREX TAX ASSETS		0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.066	0.000
	Sundry Debtors	0.000	0.000
	Cash & Bank Balances	0.038	0.033
	Other Current Assets	0.000	0.000
	Loans & Advances	0.059	0.000
Total Current Assets		0.163	0.033
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	0.514	0.000
	Other Current Liabilities	0.072	0.001
	Provisions	0.004	0.001
Total Current Liabilities		0.590	0.002
Net Current Assets		(0.427)	0.031
MISCELLANEOUS EXPENSES		0.055	0.069
Security Deposits		0.933	0.000
TOTAL		2.530	0.100

PROFIT & LOSS ACCOUNT

	PARTICULARS			31.03.2011	31.03.2010
	SALES
		Income		3.998	0.000
		Other Income
		TOTAL		3.998	0.000
Less	EXPENSES
		Office Expenses
		Administrative Expenses		3.834	0.000
		Advertising Expenses
		TOTAL		3.834	0.000
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION			0.164	0.000
Less/ Add	DEPRECIATION/ AMORTISATION			0.147	0.000
	PROFIT BEFORE TAX (			0.017	0.000
Less	TAX			0.003	0.000
	PROFIT AFTER TAX			0.014	0.000
	BALANCE CARRIED TO THE B/S			0.014	0.000
	Earnings Per Share (Rs.)			1.40	0.00

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010
PAT / Total Income	(%)	0.35	0.00
Return on Total Assets (PBT/Total Assets}	(%)	0.80	0.00
Return on Investment (ROI) (PBT/Networth)		0.15	0.00
Debt Equity Ratio (Total Liability/Networth)		26.34	0.02
Current Ratio (Current Asset/Current Liability)		0.28	16.50

LOCAL AGENCY FURTHER INFORMATION

Note.

Mr. Rahul Agrawal admits that he sold out BRANDAVAN CATERERS PRIVATE LIMITED.

According to Mr. Rahul Agrawal one of the Director in the company claims that BRANDAVAN FOOD PRODUCTS PRIVATE LIMITED is registered in ROC but they did not found this company in ROC. They called many time with deferent people but they did not found satisfactory answers.

Sr. No.	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	(No)
5]	Type of Business	(Yes)
6]	Line of Business	(Yes)
7]	Promoter's background	(Yes)
8]	No. of employees	(No)
9]	Name of person contacted	(Yes)
10]	Designation of contact person	(Yes)
11]	Turnover of firm for last three years	(Yes)
12]	Profitability for last three years	(Yes)
13]	Reasons for variation <> 20%	----------------------
14]	Estimation for coming financial year	(No)
15]	Capital in the business	(Yes)
16]	Details of sister concerns	(No)
17]	Major suppliers	(No)
18]	Major customers	(No)
19]	Payments terms	(Yes)
20]	Export / Import details (if applicable)	(No)
21]	Market information	----------------------
22]	Litigations that the firm / promoter involved in	----------------------
23]	Banking Details	(Yes)
24]	Banking facility details	(Yes)
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	(Yes)
30]	Major Shareholders, if available	(Yes)
31]	Date of Birth of Proprietor/Partner/Director, if available	(Yes)
32]	PAN of Proprietor/Partner/Director, if available	(No)
33]	Voter ID No of Proprietor/Partner/Director, if available	(No)
34]	External Agency Rating, if available	(No)

OPERATION

The year was first year of operation and during the year the company has achieved the turnover of Rs.3.998 Millions and has incurred profit of Rs.0.014 Million as compared to Nil in the previous year. The Directors are putting all efforts to further improve the operations in the current financial year.

Fixed Assets

· Furniture

· Plant and Machinery

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.55.47
UK Pound	1	Rs.86.60
Euro	1	Rs.68.66

INFORMATION DETAILS

Report Prepared by :

NTH

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
--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	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.