MIRA INFORM REPORT

Report Date :

13.08.2012

IDENTIFICATION DETAILS

Name :	ANITA TRADELINKS PRIVATE LIMITED
Registered Office :	126, Mahatma Gandhi Road, Ground Floor, Kolkata – 700007, West Bengal
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	24.11.1995
Com. Reg. No.:	21-075560
Capital Investment / Paid-up Capital :	Rs.8.357 Millions
CIN No.: [Company Identification No.]	U51109WB1995PTC075560
Legal Form :	Private Limited Liability Company
Line of Business :	Providing Financial Services.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

B (33)

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

Maximum Credit Limit :	USD 100000
Status :	Small Company
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is a small company in its field. Its scale of activities are limited. However, trade relations are reported as decent. Business is active. Payments are reported to be slow but correct. The company can be considered for small 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 – 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.

LOCATIONS

Registered Office :	126, Mahatma Gandhi Road, Ground Floor, Kolkata – 700007, West Bengal, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	bcbclient@gmail.com

DIRECTORS

As on: 28.09.2011

Name :

Mrs. Anita Parasrampuria

Designation :

Additional Director

Address :

126, M.G. Road, Kolkata – 700007, West Bengal, India

Date of Birth/Age :

26.11.1975

Date of Appointment :

06.04.2006

PAN No.:

AFQPP3419P

DIN No.:

00468990

Name :

Mr. Manish Parasrampuria

Designation :

Additional Director

Address :

126, M.G. Road, Kolkata – 700007, West Bengal, India

Date of Birth/Age :

19.01.1972

Date of Appointment :

06.04.2006

PAN No.:

AFXPP4472M

DIN No.:

00469033

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	U27109WB2003PLC096152	SHRI HARE-KRISHNA SPONGE IRON LIMITED	Director	06/12/2010	02/05/2003	-	Active	NO
2	U51109WB1995PTC075560	ANITA TRADELINKS PRIVATE LIMITED	Director	06/04/2006	06/04/2006	-	Active	NO
3	U27200WB2004PTC100705	ARP COMPLEX PRIVATE LIMITED	Director	13/04/2009	13/04/2009	-	Active	NO
4	U28112WB2009PTC139030	INDO CHAINS (RAIPUR) PRIVATE LIMITED	Director	26/10/2009	26/10/2009	-	Active	NO
5	U13100WB2011PTC160038	SPECIAL MINES AND MINERALS PRIVATE LIMITED	Director	01/03/2011	01/03/2011	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on: 28.09.2011

Names of Shareholders	No. of Shares
Remahay Stores Private Limited, India	27000
Sahashi Jyoti Textiles Private Limited, India	23000
T.K. Management Consultants Private Limited, India	26000
Anita Parasrampuria	54280
Manish Parasrampuria	45470
Jajodia Finance Private Limited, India	12000
Mushkan Vinimay Private Limited, India	23000
Nova Merchants Private Limited, India	32200
Quest Financial Services Limited, India	29700
Sunray Tie-Up Private Limited, India	28000
Bhaneswari Dealcomm Private Limited, India	30000
Fyl-Fot Trade and Commerce Private Limited, India	24500
Tulshan Socks Limited, India	24000
Jagnath Tie Up Private Limited, India	27000
Poddar Agro Company Private Limited, India	24500
Reward Agencies Private Limited, India	29000
Sriram Dealcom Private Limited, India	24500
Thirdeye Commercial Private Limited, India	20000
Buxom Trexim Private Limited, India	331500
Total	835650

As on: 31.03.2012

Names of Allottee	No. of Shares
Accord Tradecom Private Limited, India	8000
Bell Flower Dealcom Private Limited, India	4000
Bubna Consultancy Private Limited, India	6000
Burn Pur Power Private Limited, India	5600
Dipnarayan Vyapaar Private Limited, India	4000
Gangotri Dealers Private Limited, India	5600
Gharana Tieup Private Limited, India	8000
Mangalmoorti Projects Private Limited, India	9700
Navtech Agency Private Limited, India	3500
Pratik Vincom Private Limited, India	4000
Quest Financial Services Limited, India	6000
R.K. Manufacturing Co. Limited, India	6000
Subham Commotrade Private Limited, India	5600
T H Financial Services Private Limited, India	4000
Tirupati Infrapromoters Private Limited, India	4000
Total	84000

Equity Share Break up (Percentage of Total Equity)

As on: 28.09.2011

Category	Percentage
Bodies corporate	88.06
Directors or relatives of directors	11.94
Total	100.00

BUSINESS DETAILS

Line of Business :

Providing Financial Services.

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

Andhra Bank, Chowringhee Road, Kolkata, West Bengal, India

Facilities :

(Rs. In Millions)

Unsecured Loan	As on 31.03.2011	As on 31.03.2010
From Bodies Corporate	4.563	0.000
Total	4.563	0.000

Banking Relations :	--
Auditors :
Name :	Bhandari B.C. and Company Chartered Accountants
Address :	1/1a Biplabi Anukul Chandra Street, Electronic Centre, Kolkata – 700072, West Bengal, India
Tel. No.:	91-33-22126104/6135
Fax No.:	91-33-30220182
E-Mail :	bhandaribc@gmail.com
PAN No.:	AACFB3313K

CAPITAL STRUCTURE

After: 28.09.2011

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
919650	Equity Shares	Rs.10/- each	Rs.9.197 Millions

As on: 31.03.2011

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
835650	Equity Shares	Rs.10/- each	Rs.8.357 Millions

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		8.357	8.357	8.357
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		18.682	18.244	17.572
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		27.039	26.601	25.929
LOAN FUNDS
1] Secured Loans		0.000	0.000	0.000
2] Unsecured Loans		4.563	0.000	0.000
TOTAL BORROWING		4.563	0.000	0.000
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		31.602	26.601	25.929
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		0.011	0.018	0.000
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		14.977	14.977	11.388
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000	0.000	0.000
	Sundry Debtors	0.000	0.000	0.000
	Cash & Bank Balances	0.971	0.836	4.694
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	16.108	11.366	10.468
Total Current Assets		17.079	12.202	15.162
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	0.163	0.105	0.105
	Other Current Liabilities	0.092	0.068	0.095
	Provisions	0.210	0.423	0.421
Total Current Liabilities		0.465	0.596	0.621
Net Current Assets		16.614	11.606	14.541
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		31.602	26.601	25.929

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income
		Other Income
		TOTAL	1.180	1.400	1.408
Less	EXPENSES
		Office Expenses
		Administrative Expenses
		Advertising Expenses
		TOTAL	0.533	0.418	0.466
	PROFIT BEFORE TAX		0.647	0.982	0.942
Less	TAX		0.209	0.310	0.307
	PROFIT AFTER TAX		0.438	0.672	0.635
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		1.547	0.875	0.240
	BALANCE CARRIED TO THE B/S		1.985	1.547	0.875
	Earnings Per Share (Rs.)		0.52	0.80	0.98

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	37.12	48.00	45.10
Return on Total Assets (PBT/Total Assets}	(%)	3.79	8.04	6.21
Return on Investment (ROI) (PBT/Networth)		0.02	0.04	0.04
Debt Equity Ratio (Total Liability/Networth)		0.19	0.02	0.02
Current Ratio (Current Asset/Current Liability)		36.73	20.47	24.42

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	No
9]	Name of person contacted	No
10]	Designation of contact person	No
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	No
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	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

REVIEW OF OPERATIONS:

The Company has achieved a reasonably good performance in the present financial year. The company's investment in Land and shares are expected to achieve good appreciation. The Company is making further efforts to increase the volume of business and keep making strategic investments to get the best returns on funds and promise to make the best efforts to maximize profits in the future.

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.55.34
UK Pound	1	Rs.86.45
Euro	1	Rs.68.04

INFORMATION DETAILS

Report Prepared by :

VRN

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
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	5
--CREDIT LINES	1~10	5
--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		33

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

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.