MIRA INFORM REPORT

Report Date :

20.08.2012

IDENTIFICATION DETAILS

Name :	KLJ PLASTICIZERS LIMITED
Registered Office :	KLJ House, 63, Rama Marg, Najafgarh Road, New Delhi – 110015
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	18.07.2008
Com. Reg. No.:	55-181088
Capital Investment / Paid-up Capital :	Rs.350.000 Millions
CIN No.: [Company Identification No.]	U25200DL2008PLC181088
TAN No.: [Tax Deduction & Collection Account No.]	DELK06611D
PAN No.: [Permanent Account No.]	AAAFK4651K
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacturer of Plasticizers
No. of Employees :	200 ( (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (53)

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

Maximum Credit Limit :	USD 3800000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is an established company having fine track. The company is doing well. Financial position of the company is good. 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 dealing 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

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	Long term rating A
Rating Explanation	This rating are considered to have adequate degree of safety regarding timely servicing of financial obligation such instruments carry low credit risk
Date	31.07.2012

Rating Agency Name	CRISIL
Rating	Short term rating A1
Rating Explanation	This rating are considered to have very strong degree of safety regarding timely payment of financial obligation such instruments carry lowest credit risk
Date	31.07.2012

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/ Head Office :	KLJ House, 63, Rama Marg, Najafgarh, New Delhi-110015, India
Tel. No.:	91-11-25415823/ 25442790/ 25412105/ 25459706-07-08 / 41427427-29
Fax No.:	91-11-25459709/ 25910215/ 25536264
E-Mail :	delhi@kjlindia.com sales@kljtownplanners.com mattoo@kljindia.com sales@kljindia.com Praveen@kljindia.com secretariat@kljindia.com
Website :	www.kljindia.com
Area :	750 sq. mtr. (Three Floor)
Location :	Owned
Branch Office Mumbai :	76, Juhu Shopping Centre, 2^nd Floor, Gulmohar Cross, 9^th Road, Juhu Scheme, Mumbai-400049, India
Tel. No.:	91-22-26244948-54
E-Mail :	mumbai@kljindia.com
Location :	Owned
Branch Kolkata :	Shanti Niketan Building, Suite No-22, Ground Floor, 8, CAMAC Street, Kolkata-700017, India
Tel. No.:	91-33-22823251
E-Mail :	kolkata@kljindia.com
Location :	Owned
Branch Chennai :	No. 11, 2^nd Floor, Rosy Towers, Nungabakkam Main Road, Nungabakkam, Chennai-600039, Tamilnadu, India
Tel. No.:	91-44-32000815
E-Mail :	chennai@kljindia.com
Location :	Owned
Sales Offices (Real Estate Divisions) :	102-107, Hotel Ashoka, 50B, Diplomatic Enclave, Chanakya Puri, New Delhi-110002, India
Tel. No.:	91-11-24122880-86
Fax No.:	91-11-24122887
E-Mail :	sales@kjltownpalnners.com
Location :	Rented
Factory :	Survey No. 98/1, Village Chile, Silvassa – 396230, Dadra and Nagar Haveli, India
Tel No.:	91-260-6548914-6/ 6547878/ 2643098/ 2644235
Fax No.:	91-260-2643098
Location :	Owned

DIRECTORS

As on 28.09.2011

Name :

Mr. Kanhaiya Lal Jain

Designation :

Managing Director

Address :

K-71, Kirti Nagar, New Delhi – 110 015, India

Date of Birth/Age :

06.04.1946

Date of Appointment :

12.08.2011

Din No.:

00033519

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	U74899DL1984PTC019023	PUNCH PARKASHAN PRIVATE LIMITED	Director	27/08/1984	27/08/1984	19/09/2011	Active	NO
2	U24119DL1989PLC036883	K L J POLYMERS AND CHEMICALS LIMITED	Director	10/09/1995	10/09/1995	-	Active	NO
3	U70101DL1997PTC088313	KLJ ESTATES PRIVATE LIMITED	Director	01/01/2001	01/01/2001	29/01/2009	Active	NO
4	U74899DL1953PTC002338	PRITHVI SOUND PRODUCTS COMPANY PRIVATE LIMITED	Director	21/08/2003	21/08/2003	-	Active	NO
5	U45201DL2006PTC144827	HM BUILDCON PRIVATE LIMITED	Director	29/09/2007	10/07/2007	13/06/2008	Active	NO
6	U45201DL2006PTC145296	KLJ DEVELOPERS PRIVATE LIMITED	Additional director	21/01/2010	21/01/2010	15/02/2010	Active	NO
7	U26940DL2008PTC174160	THETA CEMENT PRIVIATE LIMITED	Additional director	14/02/2011	14/02/2011	-	Active	NO
8	U25200DL2008PLC181088	KLJ PLASTICIZERS LIMITED	Managing director	28/09/2011	12/08/2011	-	Active	NO

Name :

Mr. Pushp Jain

Designation :

Managing Director

Address :

6-B/9, Nea, Old Rajinder Nagar, New Delhi-110060, India

Date of Birth/Age :

27.03.1975

Date of Appointment :

18.07.2008

Din No.:

00033289

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	U45201DL2005PTC143313	SMV BUILDWELL PRIVATE LIMITED	Director	30/09/2006	13/01/2006	01/11/2008	Active	NO
2	U45201DL2006PTC144849	PP DEVCON PRIVATE LIMITED	Director	29/09/2007	13/01/2006	27/01/2009	Active	NO
3	U45201DL2006PTC144848	AP BUILDCON PRIVATE LIMITED	Director	13/01/2006	13/01/2006	05/03/2007	Active	NO
4	U45201DL2006PTC144847	PM BUILDCON PRIVATE LIMITED	Director	13/01/2006	13/01/2006	28/01/2009	Active	NO
5	U45201DL2006PTC144851	PA BUILDWELL PRIVATE LIMITED	Director	13/01/2006	13/01/2006	29/01/2009	Active	NO
6	U45400DL2007PTC167418	CADILLAC INFRASTRUCTURE PRIVATE LIMITED	Director	27/08/2007	27/08/2007	-	Strike off	NO
7	U25200DL2008PLC181088	KLJ PLASTICIZERS LIMITED	Director	28/09/2011	18/07/2008	-	Active	NO
8	U74899DL1995PLC068170	KLJ ORGANIC LIMITED	Managing director	29/09/2011	23/08/2011	-	Active	NO

Name :

Mr. Kamal Jain

Designation :

Director

Address :

6-B/9, Nea, Old Rajinder Nagar, New Delhi-110060, India

Date of Birth/Age :

08.04.1973

Date of Appointment :

18.07.2008

DIN No.:

00033355

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	U74899DL1995PLC068170	KLJ ORGANIC LIMITED	Director	05/05/1998	05/05/1998	-	Active	NO
2	U45201DL2005PTC143314	MVS BUILDWELL PRIVATE LIMITED	Director	29/12/2005	29/12/2005	02/03/2007	Active	NO
3	U45201DL2006PTC144825	MP BUILDCON PRIVATE LIMITED	Director	25/09/2006	25/01/2006	21/01/2009	Active	NO
4	U70101DL1998PTC092359	HAMLOG BUILDERS PRIVATE LIMITED	Director	30/09/2006	28/01/2006	24/01/2009	Active	NO
5	U70101DL1998PTC092091	LUBHAVANI ESTATE PRIVATE LIMITED	Director	30/09/2006	28/01/2006	22/01/2009	Active	NO
6	U51909DL1998PTC092014	UJJAVAL CONSUMABLE GOODS PRIVATE LIMITED	Director	30/09/2006	28/01/2006	23/01/2009	Active	NO
7	U24119DL1989PLC036883	K L J POLYMERS AND CHEMICALS LIMITED	Managing director	29/09/2011	30/06/2007	-	Active	NO
8	U45400DL2007PTC167472	CADILLAC TECHNO-BUILD PRIVATE LIMITED	Director	27/08/2007	27/08/2007	26/01/2009	Active	NO
9	U45400DL2008PTC173595	AK BUILDTECH PRIVATE LIMITED	Director	05/02/2008	05/02/2008	13/06/2008	Active	NO
10	U45200DL2008PTC173580	PK INFRACON PRIVATE LIMITED	Director	05/02/2008	05/02/2008	13/06/2008	Active	NO
11	U24232DL2008PTC173572	KLJ PHARMA PRIVATE LIMITED	Director	05/02/2008	05/02/2008	-	Strike off	NO
12	U25200DL2008PLC181088	KLJ PLASTICIZERS LIMITED	Director	18/07/2008	18/07/2008	-	Active	NO

Name :

Mrs. Sonali Jain

Designation :

Director

Address :

6-B/9, Nea, Old Rajinder Nagar, New Delhi-110060, India

Date of Birth/Age :

20.07.1974

Date of Appointment :

18.07.2008

DIN No.:

02141712

Name :

Mr. Prem Prakash Soni

Designation :

Director

Address :

E-3/22, Sector 7, Rohini, Delhi, India

Date of Birth/Age :

10.12.1943

Date of Appointment :

09.08.2008

DIN No.:

02658821

Name :

Mr. Praveen Sharma

Designation :

Director

Address :

K-117, 1^st Floor, Kirti Nagar, New Delhi-110015, India

Date of Birth/Age :

13.09.1965

Date of Appointment :

09.08.2008

DIN No.:

00023289

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	U51909DL1998PTC092014	UJJAVAL CONSUMABLE GOODS PRIVATE LIMITED	Director	01/07/2002	01/07/2002	-	Active	NO
2	U70101DL1998PTC092359	HAMLOG BUILDERS PRIVATE LIMITED	Director	02/07/2002	02/07/2002	-	Active	NO
3	U51909DL1997PTC091166	LUBHAVANI GRAIN TRADERS PRIVATE LIMITED	Director	16/08/2004	16/08/2004	-	Active	NO
4	U51496DL1998PTC091877	INSPIRATION DEALERS PRIVATE LIMITED	Director	17/08/2004	17/08/2004	-	Active	NO
5	U51229DL1997PTC088349	JEEWAN JYOTI ENTERPRISES PRIVATE LIMITED	Director	18/08/2004	18/08/2004	-	Active	NO
6	U74140DL1949PTC001672	VIRMANI INDUSTRIES PRIVATE LIMITED	Director	30/09/2005	10/10/2004	-	Active	NO
7	U70101DL1998PTC092152	LUBHAVANI PROPERTIES PRIVATE LIMITED	Director	27/08/2005	27/08/2005	-	Active	NO
8	U45201DL2006PTC144844	HP BUILDWELL PRIVATE LIMITED	Director	13/01/2006	13/01/2006	-	Active	NO
9	U45201DL2006PTC144850	JS BUILDWELL PRIVATE LIMITED	Director	02/01/2008	13/01/2006	-	Active	NO
10	U45201DL2006PTC144849	PP DEVCON PRIVATE LIMITED	Director	13/01/2006	13/01/2006	-	Active	NO
11	U45303DL1997PTC091172	ASHULOK TRADERS PRIVATE LIMITED	Director	19/08/2006	19/08/2006	-	Active	NO
12	U45400DL2007PTC167472	CADILLAC TECHNO-BUILD PRIVATE LIMITED	Director	27/08/2007	27/08/2007	-	Active	NO
13	U45200DL2008PTC173602	PH INFRASTRUCTURE PRIVATE LIMITED	Director	05/02/2008	05/02/2008	01/07/2008	Active	NO
14	U45200DL2008PTC173580	PK INFRACON PRIVATE LIMITED	Director	05/02/2008	05/02/2008	06/04/2009	Active	NO
15	U24232DL2008PTC173572	KLJ PHARMA PRIVATE LIMITED	Director	05/02/2008	05/02/2008	-	Strike off	NO
16	U55101DL2008PTC173687	KLJ RESORTS PRIVATE LIMITED	Director	06/02/2008	06/02/2008	-	Strike off	NO
17	U45200DL2008PTC173709	HH BUILDTECH PRIVATE LIMITED	Director	07/02/2008	07/02/2008	-	Active	NO
18	U25200DL2008PLC181088	KLJ PLASTICIZERS LIMITED	Director	25/09/2009	09/08/2008	-	Active	NO

Name :

Mr. Jagdish Nanikram Shahani

Designation :

Director

Address :

A-73, Varsha Building 4^th Floor, Gulmohar Cross Raod, JVPD, Ccheme, Vile Parle (West), Mumbai – 400 049, Maharashtra, India

Date of Birth/Age :

13.04.1947

Date of Appointment :

31.01.2011

DIN No.:

01647209

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	U24114MH1972PLC015706	MAZDA COLOURS LIMITED	Whole-time director	01/08/2010	01/08/2007	-	Active	NO
2	U25200DL2008PLC181088	KLJ PLASTICIZERS LIMITED.	Director	28/09/2011	31/01/2011	-	Active	NO

KEY EXECUTIVES

Name :	Mrs. Radha Krishna Agarwala
Designation :	Company Secretary
Address :	359, Niligiri Apartments, Alaknanda, New Delhi-110019, India
Date of Birth/Age :	15.06.1937
Date of Appointment :	01.04.2009
PAN No.:	AACPA6471D

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 28.09.2011

Names of Shareholders	No. of Shares
Pushp Jain	14000000
Neetu Jain	1400
Sushila Jain	1400
Kamal Jain	14000000
Sonali Jain	6994400
Shashi Katyal	1400
Kanak Mal Kothari	1400
Kanhaiya Lal Jain	16000000
Total	51000000

As on 28.09.2011

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 :

Manufacture of Plasticizers

Products :

Product description	Item Code
DI-Octyl Phthalate	2917-39-20

· Phthalate

· Maleate

· Speciality

· Phosphate

· Chlorinated

· Paraffins(CP)

· Sulpho Chloro Paraffin

· Polymer and Engineering Compounds(PVC) Compounds

· TPR and TPE Compounds

· XLPE Compounds

· Polypropline Compouns

· Anti Fibrilation Master Batches

· EVA Compounds

Brand Names :

K L J

PRODUCTION STATUS (as on 31.03.2011)

Particulars	Installed Capacity	Actual Production
Plasticizers	75000 MT/PA	65,252 MT

GENERAL INFORMATION

No. of Employees :

200 (Approximately)

Bankers :

· State Bank of India, Commercial Branch, A-5 , South Extension Part -I, New Delhi - 110049, India

· Oriental Bank of Commerce, H-15, Connaught Circus, New Delhi - 110001, India

· State Bank of India, Commercial Branch, 59, Community Centre, Naraina Industrial Area, Phase-I, New Delhi - 110 028, India

· State Bank of India, K.V.I.C. Building, Irla Road, Vile Parle (West), Mumbai – 400 056, Maharashtra, India

· HDFC Bank limited, HDFC Bank House, Senapati, Bapat Marg, Lower Parel, Mumbai, Maharashtra, India

· Dena Bank, A-3, Kirti Nagar, Najafgarh Road Branch, New Delhi - 110015, Delhi, India

Facilities :

(Rs. In Millions)

Secured Loan	As on 31.03.2011	As on 31.03.2010
Rupee term loans banks secured	122.249	96.209
Total	122.249	96.209
Unsecured Loan	As on 31.03.2011	As on 31.03.2010
Loans directors unsecured	13.358	126.851
Total	13.358	126.851

Banking Relations :	--
Auditors :
Name :	Nahata Jain Golchha and Company Chartered Accountants
Address :	4378, Murari Lal street, 4-B, Ansari Road, Darya Ganj, New Delhi – 110002, India
Tel. No.:	91-11-64514061
Fax No.:	91-11-23275314
Email :	njg_co@yahoo.co.in
PAN No.:	AAEFN8137H
Associates Company :	· KLJ Polyalloys · KLJ Polymers and Chemicals Limited · Silvassa Plast · KLJ Organic Limited · KLJ Organic (E.O.U.) Limited · KLJ Resources Limited · Kinetc Impex Limited · Kundalia Industries

CAPITAL STRUCTURE

As on 28.09.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
51000000	Equity Shares	Rs.10/- each	Rs.510.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
51000000	Equity Shares	Rs.10/- each	Rs.510.000 Millions

As on 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
35000000	Equity Shares	Rs.10/- each	Rs.350.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
35000000	Equity Shares	Rs.10/- each	Rs.350.000 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		350.000	350.000	250.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		612.202	217.505	0.000
4] (Accumulated Losses)		0.000	0.000	(68.101)
NETWORTH		962.202	567.505	181.899
LOAN FUNDS
1] Secured Loans		122.249	96.209	108.154
2] Unsecured Loans		13.358	126.851	274.600
TOTAL BORROWING		135.607	223.060	382.754
DEFERRED TAX LIABILITIES		0.522	0.447	0.312
TOTAL		1098.331	791.012	564.965
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		94.260	85.036	74.019
Capital work-in-progress		0.868	0.000	0.364
INVESTMENT		138.441	81.660	109.495
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	888.022	456.706	310.227
	Sundry Debtors	679.132	531.666	395.142
	Cash & Bank Balances	122.208	100.590	103.063
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	785.453	548.178	241.683
Total Current Assets		2474.815	1637.140	1050.115
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditor	1267.379	809.138	633.092
	Other Current Liabilities	74.835	63.713	15.896
	Provisions	268.533	141.013	21.427
Total Current Liabilities		1610.747	1013.864	670.415
Net Current Assets		864.068	623.276	379.700
MISCELLANEOUS EXPENSES		0.694	1.040	1.387
TOTAL		1098.331	791.012	564.965

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.3.2011	31.03.2010	31.03.2009
	SALES
		Income	6580.568	4337.303	4013.812
		Other Income	50.356	37.337	49.896
		Excise Duty	0.000	0.000	66.506
		TOTAL (A)	6630.924	4374.640	4130.214
Less	EXPENSES
		Consumption materials changes inventories	5642.941	3697.889
		Manufacturing service costs	238.705	123.460	4165.741
		Employee related expenses	41.070	29.564
		Administrative selling other expenses	80.850	63.098
		TOTAL (B)	6003.566	3914.011	4165.741
Less	PROFIT / (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		627.358	460.629	(35.527)
Less	FINANCIAL EXPENSES (D)		19.469	45.142	22.913
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		607.889	415.487	(58.440)
Less/ Add	DEPRECIATION/ AMORTISATION (F)		12.218	10.941	8.813
	PROFIT / (LOSS) BEFORE TAX (E-F) (G)		595.671	404.546	(67.253)
Less	TAX (H)		200.975	118.939	0.848
	PROFIT / (LOSS) AFTER TAX (G-H) (I)		394.696	285.607	(68.101)
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		217.506	(68.101)	0.000
	BALANCE CARRIED TO THE B/S		612.202	217.506	(68.101)
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	988.100	606.400	349.100
	TOTAL EARNINGS		988.100	606.400	349.100
	IMPORTS
		Raw Materials	2906.300	2142.000	2156.200
	TOTAL IMPORTS		2906.300	2142.000	2156.200
	Earnings / (Loss) Per Share (Rs.)		11.28	8.16	(2.72)

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	5.95	6.53	(1.65)
Net Profit Margin (PBT/Sales)	(%)	9.05	9.33	(1.67)
Return on Total Assets (PBT/Total Assets}	(%)	23.19	23.49	(5.98)
Return on Investment (ROI) (PBT/Networth)		0.62	0.71	(0.37)
Debt Equity Ratio (Total Liability/Networth)		1.81	2.18	5.78
Current Ratio (Current Asset/Current Liability)		1.54	1.61	1.57

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	(Yes)
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	(Yes)
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	(No)
33]	Voter ID No of Proprietor/Partner/Director, if available	(No)
34]	External Agency Rating, if available	(Yes)

OPERATION

Subject is a part of KLJ Group of Industries who is the largest manufacturer and market leader in Plasticizers in South Asia. With an installed capacity of over 75000 tpa, the Company offers a complete range of Plasticizers and has potential to meet all types of requirements – standard and customized grades. Plant capacity utilization is quite healthy.

The product range consists of Phthalate Plasticizers, Maleate Plasticizers, Specialty Plasticizers, Flame Retardant Plasticizers.

The Company products are used in industries such as wires and cables, leather cloth, vinyl flooring, medical equipment, non-toxic food containers, footwear, flexible PVC films, adhesives, automobile parts, belts, flexible pipes and tubings, paints and lubricants and as chemical intermediates for other industries.

The Company is ISO certified Company for Quality Management System as per ISO 9001-2008 and for Environment Management System as per ISO 14001-2004

FUTURE PLANS

The Company has been constantly concentrating on consolidation, expansion, on improving the existing products and developing new products. During the year 2011-12 the Company took over the running business of Silvassa Plast, a proprietary concern of KLJ Group. The Company is now flagship Company of the Group. 5.2 The Company is working on expansion of the plant capacity at Silvassa to meet the growing need and initial project work has started.

CONTINGENT LIABILITIES

Rs. In Millions

Particular	31.03.2011
Company has given bank guarantee of	1.721
Net Outstanding LC’s with Bank	1.503

Bankers Charges Report as per Registry

Corporate identity number of the company	U25200DL2008PLC181088
Name of the company	KLJ Plasticizers Limited
Address of the registered office or of the principal place of business in India of the company	KLJ House, 63, Rama Marg, Najafgarh Road, New Delhi-110015, India secretariat@kljindia.com
This form is for	Creation of charge
Type of charge	Immovable property
Particular of charge holder	Dena Bank, A-3, Kirti Nagar, Najafgarh Road Branch, New Delhi - 110015, Delhi, India najafg@denabank.co.in
Nature of instrument creating charge	1. Loan Agreement for Land and Building/Industrial gala. 2. Sanction letter from Dena Bank for sanctioning of Term Loan of Rs.9.00 crores. 3. Board Resolution
Date of instrument Creating the charge	12.03.2012
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 Base rate +1.30% i.e. at present 12.00% p.a. Margin 25%
Short particulars of the property or asset(s) charged (including complete address and location of the property)	Unit No.403 on 4th Floor, Ackruti Solaris, NS Phadke Road, Near East West Flyover, Andheri (East), Mumbai - 400093 with floor area of 2336 sq. ft. and additional usable area 222 sq. ft. with chargeable area 3935 sq. ft. as per letter of offer dated 19th July 2011 of Ackruti City. Chargeable area 3935 sq. ft. as per letter of offer dated 19th July 2011 of Ackruti City. Unit No.404 on 4th Floor, Ackruti Solaris, NS Phadke Road, Near East West Flyover, Andheri (East), Mumbai - 400093 with floor area of 2439 sq. ft. and additional usable area 232 sq. ft. with chargeable area 4109 sq. ft. as per letter of offer dated 19th July 2011 of Ackruti City.

Fixed Assets:

· Land

· Buildings

· Plant And Machine

· Weigh Machine

· Pumps And Motors

· Cycle

· Cars

· Computers

· Electric Fittings

· Storage Tanks

· Crane

· Fans

· Water Treatment Plant

· Insulation

· Scooters

· Tempo

· Office Equipments

· Transformers

· Utensils

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.55.70
UK Pound	1	Rs.87.55
Euro	1	Rs.68.85

INFORMATION DETAILS

Report Prepared by :

NTH

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	7
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	6
--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	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		53

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.