MIRA INFORM REPORT

Report Date :

10.08.2012

IDENTIFICATION DETAILS

Name :	G.M.P.E. ENGINEERING PRIVATE LIMITED
Registered Office :	Vill + P.O. Duillya, J. C. Chakraborty Road, Howrah – 711302, West Bengal
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	10.12.2009
Com. Reg. No.:	21-140101
Capital Investment / Paid-up Capital :	Rs.0.100 Million
CIN No.: [Company Identification No.]	U93000WB2009PTC140101
PAN No.: [Permanent Account No.]	AADCG6198B
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer and Exporter of Eco-Friendly Jute – Bags, Clothes etc.
No. of Employees :	2 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

C

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	Yet to commenced business
Payment Behaviour :	--
Litigation :	--
Comments :	Though the company incorporated in the year 2009. It is yet to commenced its commercial operation. Also the management of the company has not filed its financials with the government since its inception. The company can be considered for business dealings on a safe and 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 – 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. Goutam Nityananda Khara
Designation :	Director
Contact No.:	91-9831092463
Date :	08.08.2012

LOCATIONS

Registered Office :	Vill + P.O. Duillya, J. C. Chakraborty Road, Howrah – 711302, West Bengal, India
Tel. No.:	Not Available
Mobile No.:	91-9831092463 (Mr. Goutam Nityananda Khara) 91-9831092464 (Mrs. Madhumita Goutam Khara)
Fax No.:	Not Available
E-Mail :	adityagill2007@rediffmail.com goutam.khara@3guys.co.in
Location :	Owned
Factory :	Saraswati Complex, Vill. and P.O. Bhandardah, P.S. Domjur, District Howarh – 711411, West Bengal, India

DIRECTORS

Name :

Mr. Goutam Nityananda Khara

Designation :

Managing Director

Address :

Vill + P.O. Duillya, J. C. Chakraborty Road, Howrah – 711302, West Bengal, India

Date of Birth/Age :

06.11.1969

Qualification :

B. Com

Date of Appointment :

10.12.2009

PAN No.:

AJDPK8489M

DIN No.:

02508376

Other Directorships :

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	Company/ LLP Status	Defaulting status
1	U64200WB2009PTC135568	CRR TELECOM PRIVATE LIMITED	Director	02/06/2009	02/06/2009	Active	NO
2	U74140WB2009PTC136078	THE 3 GUYS NETWORK PRIVATE LIMITED	Director	22/06/2009	22/06/2009	Active	NO
3	U93000WB2009PTC140101	G.M.P.E. ENGINEERING PRIVATE LIMITED	Director	10/12/2009	10/12/2009	Active	NO

Name :

Mrs. Madhumita Goutam Khara

Designation :

Director

Address :

Vill + P.O. Duillya, J. C. Chakraborty Road, Howrah – 711302, West Bengal, India

Date of Birth/Age :

06.01.1980

Date of Appointment :

10.12.2009

PAN No.:

AMLPK2627A

DIN No.:

02535472

Other Directorships :

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	Company/ LLP Status	Defaulting status
1	U64200WB2009PTC135568	CRR TELECOM PRIVATE LIMITED	Director	02/06/2009	02/06/2009	Active	NO
2	U74140WB2009PTC136078	THE 3 GUYS NETWORK PRIVATE LIMITED	Director	17/08/2009	17/08/2009	Active	NO
3	U93000WB2009PTC140101	G.M.P.E. ENGINEERING PRIVATE LIMITED	Director	10/12/2009	10/12/2009	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

(AS ON 04.12.2009)

Names of Shareholders	No. of Shares
Goutam Khara	5000
Madhumita Khara	5000
Total	10000

BUSINESS DETAILS

Line of Business :	Manufacturer and Exporter of Eco-Friendly Jute – Bags, Clothes etc.
Terms :
Selling :	Cash and Credit
Purchasing :	Cash and Credit

PRODUCTION STATUS

Particulars	Capacity in case of Manufacturer	Initial Date of Production/ Commencement of Services
Jute Bag	2400 Nos.	05.04.2010
Sacking Cloth	1800 Mters.	05.04.2010

GENERAL INFORMATION

Customers :	Wholesalers and Retailers
No. of Employees :	2 (Approximately)
Bankers :	· State Bank of India Howrah Branch, West Bengal, India

Banking Relations :	--
Auditors :
Name :	Somnath Das and Company Chartered Accountant
Name :	S. C. Sen and Associates Chartered Accountant
Address :	AA-125, Salt Lake City, Sector – I, Kolkata – 700064, West Bengal, India
Mobile No.:	91-9330470716/ 9874048476
Email :	ca.roy.dipankar@gmail.com ca.santanu.sen@gmail.com
Website :	http://www.scsenassociates.icai.org.in

CAPITAL STRUCTURE

(AFTER - 31.03.2010)

Authorised Capital :

No. of Shares	Type	Value	Amount
2000000	Equity Shares	Rs.10/- each	Rs.20.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs.0.100 Million

(AS ON 31.03.2010)

Authorised Capital :

No. of Shares	Type	Value	Amount
50000	Equity Shares	Rs.10/- each	Rs.0.500 Million

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		31.03.2010
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		0.000
TOTAL BORROWING		0.000
DEFERRED TAX LIABILITIES		0.000
TOTAL		0.100
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	0.073
	Other Current Assets	0.000
	Loans & Advances	0.000
Total Current Assets		0.073
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditor	0.000
	Other Current Liabilities	0.007
	Provisions	0.000
Total Current Liabilities		0.007
Net Current Assets		0.066
MISCELLANEOUS EXPENSES		0.034
TOTAL		0.100

KEY RATIOS

PARTICULARS	31.03.2010
Debt Equity Ratio (Total Liability/Networth)	0.07
Current Ratio (Current Asset/Current Liability)	10.43

LOCAL AGENCY FURTHER INFORMATION

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	Yes
9]	Name of person contacted	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for last three years	No
12]	Profitability for last three years	No
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	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
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

FINANCIAL HIGHLIGHTS

The company does not have any operations during the year.

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.55.17
UK Pound	1	Rs.86.43
Euro	1	Rs.68.27

INFORMATION DETAILS

Information Gathered by :	PJA
Report Prepared by :	NIT

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.