MIRA INFORM REPORT

Report Date :

27.08.2012

IDENTIFICATION DETAILS

Name :	MINAXI FISCAL SERVICES PRIVATE LIMITED
Registered Office :	3, Narayan Building, 23 L N Road, Dadar East, Mumbai – 400014, Maharashtra
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	17.05.1996
Com. Reg. No.:	11-099627
Capital Investment / Paid-up Capital :	Rs. 0.100 Million
CIN No.: [Company Identification No.]	U67120MH1996PTC099627
TAN No.: [Tax Deduction & Collection Account No.]	MUMM26914G
PAN No.: [Permanent Account No.]	AADCM6921E
Legal Form :	Private Limited Liability Company
Line of Business :	Construction and Development Activity
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (48)

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

Maximum Credit Limit :	USD 1600000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. Financially company performance seems good. Trade relation are reported to be fair. Business is active. Payment are reported to be usually correct and as per commitment. The company can be considered for normal business dealing at usual trade terms and condition.

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 :	3, Narayan Building, 23 L N Road, Dadar East, Mumbai – 400014, Maharashtra, India
Tel. No.:	91-22-24146744
Fax No.:	Not Available
E-Mail :	onlyyogesh@rediffmail.com

DIRECTORS

AS ON 30.09.2011

Name :

Mr. Sudhir Vrundavandas Valia

Designation :

Director

Address :

801, Allap Building, 8^th Floor, 173, Sir Balchandra Road, Dadar (East), Mumbai – 400014, Maharashtra, India

Date of Birth/Age :

26.07.1956

Date of Appointment :

20.08.2003

DIN No.:

00005561

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	Company/ LLP Status	Defaulting status
1	L24230GJ1993PLC019050	SUN PHARMACEUTICAL INDUSTRIES LIMITED	Whole-time director	01/04/2009	31/01/1994	Active	NO
2	U24219GJ1995PTC028519	SUN PETROCHEMICALS PRIVATE LIMITED	Director	11/03/1999	11/03/1999	Active	NO
3	U67120MH1993PTC072685	LAKSHDEEP INVESTMENTS AND FINANCE PRIVATE LIMITED	Director	11/10/2001	11/10/2001	Active	NO
4	U24100MH1990PTC058944	KARAD CHEMICALS AND ALLIED PRODUCTS PRIVATE LIMITED	Director	28/10/2002	28/10/2002	Active	NO
5	U69120MH1995PLC090219	SEJRAJ FINANCIAL SERVICES LIMITED	Director	20/08/2003	20/08/2003	Active	NO
6	U65990MH1996PLC099574	NISHA CAPITAL SERVICE LIMITED	Director	20/08/2003	20/08/2003	Active	NO
7	U67120MH1996PTC099627	MINAXI FISCAL SERVICES PRIVATE LIMITED	Director	20/08/2003	20/08/2003	Active	NO
8	U67120MH1995PLC086479	EKLAVYA SECURITIES LIMITED	Director	29/09/2003	29/09/2003	Active	NO
9	U91990MH2004NPL146501	SHANTILAL SHANGHVI FOUNDATION	Director	24/05/2004	24/05/2004	Active	NO
10	L73100GJ2006PLC047837	SUN PHARMA ADVANCED RESEARCH COMPANY LIMITED	Director	01/03/2006	01/03/2006	Active	NO
11	U45201MH2008PLC180675	SURAKSHA REALTY LIMITED	Director	01/04/2008	01/04/2008	Active	NO
12	U40102MH2009PTC194161	ADITYA THERMAL ENERGY PRIVATE LIMITED	Director	17/07/2009	17/07/2009	Active	NO
13	U45200MH2008PTC211984	ALFA INFRAPROP PRIVATE LIMITED	Director	26/03/2010	26/03/2010	Active	NO
14	U91990MH2005NPL151114	KRISHNA VRUNDAVAN PRATISHTHAN	Additional director	15/09/2011	15/09/2011	Active	NO
15	AAA-0678	THIRDWAVE MULTITRADE LLP	Designated Partner	02/02/2010	02/02/2010	Active	NO
16	AAA-1575	REAL GOLD DEVELOPERS LLP	Body corporate as Designated Partner	11/06/2010	11/06/2010	Active	NO
17	AAA-1576	SURAKSHA BUILDWELL LLP	Body corporate as Designated Partner	11/06/2010	11/06/2010	Active	NO
18	AAA-5235	SILVERSTREET DEVELOPERS LLP	Designated Partner	17/06/2011	17/06/2011	Active	NO

Name :

Mr. Tejas Ramniklal Parekh

Designation :

Additional director

Address :

A/ 602, Jeevan Asha, M.G. Cross Road No. 4, Kandivali (West), Mumbai – 400067, Maharashtra, India

Date of Birth/Age :

27.04.1983

Date of Appointment :

16.09.2010

DIN No.:

01564270

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	U72200MH2000PTC125022	MULTILINK INFOTECH PRIVATE LIMITED	Director	01/08/2006	01/08/2006	-	Active	NO
2	U17110MH1973PTC016378	MARCHON TEXTILE INDUSTRIES PRIVATE LIMITED	Director	08/08/2006	08/08/2006	-	Active	NO
3	U45200MH2006PTC161956	OMNISCIENT CONSTRUCTIONS PRIVATE LIMITED	Director	08/08/2006	08/08/2006	01/11/2007	Active	NO
4	U72100MH2004PTC146626	JB TECHNOLOGIES PRIVATE LIMITED	Director	08/08/2006	08/08/2006	03/11/2011	Active	NO
5	U45200MH2004PLC147705	JAANKIE AND SADGURU DEVELOPERS LIMITED	Director	08/08/2006	08/08/2006	16/05/2011	Active	NO
6	U74999MH2003PTC141452	DSS OUT SOURCING SOLUTIONS PRIVATE LIMITED	Director	08/08/2006	08/08/2006	16/03/2010	Active	NO
7	U51900MH2006PTC158924	GOLDSTREET MERCANTILE COMPANY PRIVATE LIMITED	Additional director	21/08/2010	15/09/2007	30/06/2011	Active	NO
8	U51909MH2005PTC158168	FASTTRACK EXPORTS PRIVATE LIMITED	Additional director	21/08/2010	15/09/2007	-	Active	NO
9	U74130MH2006PTC158567	SUPERSTREET EXPORTS PRIVATE LIMITED	Additional director	16/09/2010	15/09/2007	-	Active	NO
10	U45400MH2007PTC176556	TOPSOIL DEVELOPERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
11	U45400MH2007PTC176555	NEOSTONE DEVELOPERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
12	U70102MH2007PTC176542	NEOSOFT DEVELOPERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
13	U70102MH2007PTC176544	NEOSTREET DEVELOPERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Active	NO
14	U70102MH2007PTC176543	NEOSTAR DEVELOPERS PRIVATE LIMITED	Director	07/12/2007	07/12/2007	-	Converted to LLP and dissolved	NO
15	U01403MH2007PTC176541	TOPGROW AGRO AND INFRASTRUCTURE PRIVATE LIMITED	Director	07/12/2007	07/12/2007	18/09/2008	Active	NO
16	U45200MH2006PTC160187	OMNIPRESENT CONSTRUCTIONS PRIVATE LIMITED	Director	30/09/2008	15/12/2007	-	Active	NO
17	U51909MH2005PTC150412	TOPGOLD EXPORTS PRIVATE LIMITED	Director	30/09/2008	15/12/2007	-	Active	NO
18	U51909MH2005PLC150414	FINETRADE EXPORTS LIMITED	Director	30/09/2008	15/12/2007	16/05/2011	Active	NO
19	U45201MH2008PTC178957	POWER CONSTRUCTIONS PRIVATE LIMITED	Director	15/02/2008	15/02/2008	-	Active	NO
20	U45202MH2008PTC178953	MAITRI BUILDCON PRIVATE LIMITED	Director	15/02/2008	15/02/2008	-	Active	NO
21	U70103MH2008PTC178970	GOODWIN PROPERTIES PRIVATE LIMITED	Director	18/02/2008	18/02/2008	-	Active	NO
22	U70102MH2008PTC179503	STARLINK REALTY PRIVATE LIMITED	Director	27/02/2008	27/02/2008	-	Active	NO
23	U70102MH2008PTC179891	WINWIN PROPERTY PRIVATE LIMITED	Director	10/03/2008	10/03/2008	02/05/2011	Active	NO
24	U67120MH1994PLC075934	BHUTA SECURITIES LIMITED	Additional director	05/05/2008	05/05/2008	16/09/2010	Active	NO
25	U65910MH1997PLC234241	VISION FINSTOCK LIMITED	Additional director	05/05/2008	05/05/2008	16/09/2010	Active	NO
26	U70102MH2009PTC191564	WARMTH REALTY PRIVATE LIMITED	Director	08/04/2009	08/04/2009	-	Active	NO
27	U70102MH2009PTC191598	SUPERSOIL CONSTRUCTION PRIVATE LIMITED	Director	09/04/2009	09/04/2009	-	Active	NO
28	U70102MH2009PTC191590	SUPERCIVIL REALTY PRIVATE LIMITED	Director	09/04/2009	09/04/2009	-	Active	NO
29	U70102MH2009PTC191589	DFRNT REALTY PRIVATE LIMITED	Director	09/04/2009	09/04/2009	-	Active	NO
30	U70102MH2009PTC191592	SUPERSHINE CONSTRUCTION PRIVATE LIMITED	Director	09/04/2009	09/04/2009	-	Active	NO
31	U70102MH2009PTC194737	WIND CONSTRUCTION PRIVATE LIMITED	Director	07/08/2009	07/08/2009	-	Active	NO
32	U70102MH2009PTC194736	PROUD PROPERTY PRIVATE LIMITED	Director	07/08/2009	07/08/2009	-	Active	NO
33	U70102MH2009PTC194735	LIME PROPERTY PRIVATE LIMITED	Director	07/08/2009	07/08/2009	-	Active	NO
34	U70102MH2009PTC194734	KEEN PROPERTY PRIVATE LIMITED	Director	07/08/2009	07/08/2009	-	Active	NO
35	U70102MH2009PTC195039	BLACKSKY PROPERTY PRIVATE LIMITED	Director	19/08/2009	19/08/2009	-	Active	NO
36	U70102MH2009PTC198120	PANORAMIC CONSTRUCTION PRIVATE LIMITED	Director	24/12/2009	24/12/2009	-	Active	NO
37	U70102MH2010PTC198272	LUXURIANT REALTY PRIVATE LIMITED	Director	01/01/2010	01/01/2010	-	Active	NO
38	U70102MH2010PTC198271	LAVISH DEVELOPERS PRIVATE LIMITED	Director	01/01/2010	01/01/2010	-	Active	NO
39	U70102MH2010PTC198270	DISTINCT CONSTRUCTION PRIVATE LIMITED	Director	01/01/2010	01/01/2010	-	Active	NO
40	U70102MH2010PTC198606	ICONIC DEVELOPERS PRIVATE LIMITED	Director	06/01/2010	06/01/2010	-	Active	NO
41	U70102MH2010PTC202201	GOLDENSTREET CONSTRUCTION PRIVATE LIMITED	Director	20/04/2010	20/04/2010	09/08/2010	Active	NO
42	U70109MH2010PTC202244	SILVERDEAL DEVELOPERS PRIVATE LIMITED	Director	21/04/2010	21/04/2010	09/08/2010	Active	NO
43	U70102MH2010PTC202236	GOLDENWAVE INFRASTRUCTURE PRIVATE LIMITED	Director	21/04/2010	21/04/2010	20/08/2010	Active	NO
44	U70109MH2010PTC202317	SUPERSHOT REALTY PRIVATE LIMITED	Director	22/04/2010	22/04/2010	09/08/2010	Active	NO
45	U70102MH2010PTC202276	SILVERWAVE REALTY PRIVATE LIMITED	Director	22/04/2010	22/04/2010	16/09/2010	Active	NO
46	U70101MH2010PTC206342	CANNON REALTY PRIVATE LIMITED	Director	09/08/2010	09/08/2010	05/02/2011	Active	NO
47	U70102MH2010PTC206641	EXCELLENCIA DEVELOPERS PRIVATE LIMITED	Director	16/08/2010	16/08/2010	05/02/2011	Active	NO
48	U45205MH2008PTC177833	AGRIMONY AGRO AND INFRASTRUCTURE PRIVATE LIMITED	Additional director	20/08/2010	20/08/2010	-	Active	NO
49	U70102MH2010PTC206879	EXIMIUS CONSTRUCTION PRIVATE LIMITED	Director	24/08/2010	24/08/2010	22/03/2012	Active	NO
50	U70109MH2010PTC207504	ESSENZA BUILDERS PRIVATE LIMITED	Director	08/09/2010	08/09/2010	05/02/2011	Active	NO
51	U45400MH2007PTC171104	SOFTWAVE DEVELOPERS PRIVATE LIMITED	Additional director	16/09/2010	16/09/2010	-	Active	NO
52	U45400MH2007PLC171101	SUPERWAVE DEVELOPERS LIMITED	Additional director	16/09/2010	16/09/2010	06/06/2011	Active	NO
53	U67120MH1995PLC086479	EKLAVYA SECURITIES LIMITED	Additional director	16/09/2010	16/09/2010	16/05/2011	Active	NO
54	U65990MH1996PLC099574	NISHA CAPITAL SERVICE LIMITED	Additional director	16/09/2010	16/09/2010	06/06/2011	Active	NO
55	U45200MH2003PLC143350	SURAKSHA DEVELOPERS LIMITED	Additional director	16/09/2010	16/09/2010	16/05/2011	Active	NO
56	U69120MH1995PLC090219	SEJRAJ FINANCIAL SERVICES LIMITED	Additional director	16/09/2010	16/09/2010	06/06/2011	Active	NO
57	U45200MH2007PLC167413	SOFTSTREET DEVELOPERS LIMITED	Additional director	16/09/2010	16/09/2010	-	Active	NO
58	U67120MH1996PTC099627	MINAXI FISCAL SERVICES PRIVATE LIMITED	Additional director	16/09/2010	16/09/2010	-	Active	NO
59	U45400MH2007PTC171340	SILVERSOFT DEVELOPERS PRIVATE LIMITED	Additional director	16/09/2010	16/09/2010	-	Active	NO
60	U45200MH2007PTC167388	REALSTREET DEVELOPERS PRIVATE LIMITED	Additional director	16/09/2010	16/09/2010	-	Active	NO
61	U45200MH2006PTC159901	LONGEVITY DEVELOPERS PRIVATE LIMITED	Additional director	16/09/2010	16/09/2010	-	Active	NO
62	U51100MH2005PTC158625	ROLESOFT TRADING COMPANY PRIVATE LIMITED	Additional director	16/09/2010	16/09/2010	-	Active	NO
63	U45200MH2005PTC152142	PRISTINE DEVELOPERS PRIVATE LIMITED	Additional director	20/10/2010	20/10/2010	10/10/2011	Active	NO
64	U70102MH2005PLC154950	RENOWN DEVELOPERS LIMITED	Additional director	01/12/2010	01/12/2010	06/06/2011	Active	NO
65	U45200MH2005PTC153325	MAN-MAYA DEVELOPERS PRIVATE LIMITED	Additional director	01/12/2010	01/12/2010	-	Active	NO
66	U70100MH2011PTC219290	FIRSTWAVE DEVELOPERS PRIVATE LIMITED	Director	30/06/2011	30/06/2011	-	Active	NO
67	U70102MH2011PTC219321	CIVILSHINE PROPERTY PRIVATE LIMITED	Director	01/07/2011	01/07/2011	-	Active	NO
68	U70100MH2011PTC219644	WINWAVE DEVELOPERS PRIVATE LIMITED	Director	11/07/2011	11/07/2011	-	Active	NO
69	U70109MH2011PTC219642	SILVERSOIL BUILDERS PRIVATE LIMITED	Director	11/07/2011	11/07/2011	-	Active	NO
70	U70102MH2011PTC219839	WINDEAL DEVELOPERS PRIVATE LIMITED	Director	15/07/2011	15/07/2011	-	Active	NO
71	AAA-5656	NEOSTAR DEVELOPERS LLP	Body corporate as Designated Partner	20/07/2011	20/07/2011	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 30.09.2011

Names of Shareholders	Address	No. of Shares
Sudhir Vrundavandas Valia	801, Allap Building, 8^th Floor, 173, Sir Balchandra Road, Dadar (East), Mumbai – 400014, Maharashtra, India	238
Raksha S Valia	801, Allap Building, 8^th Floor, 173, Sir Balchandra Road, Dadar (East), Mumbai – 400014, Maharashtra, India	238
Shraddha S Valia	801, Allap Building, 8^th Floor, 173, Sir Balchandra Road, Dadar (East), Mumbai – 400014, Maharashtra, India	950
Khyati S Valia	801, Allap Building, 8^th Floor, 173, Sir Balchandra Road, Dadar (East), Mumbai – 400014, Maharashtra, India	950
Krishna Valia	801, Allap Building, 8^th Floor, 173, Sir Balchandra Road, Dadar (East), Mumbai – 400014, Maharashtra, India	950
Sudhir Vrundavandas Valia (HUF)	301, Manek Bhuvan, Plot No, 68, Hindu Colony, Dadar (East), Mumbai, Maharashtra, India	950
Nisha Capital Service Limited	3, Narayan Building, 23 L N Road, Dadar East, Mumbai – 400014, Maharashtra, India	748
Sejraj Financial Services Limited	3, Narayan Building, 23 L N Road, Dadar East, Mumbai – 400014, Maharashtra	700
Omnipresent Construction Private Limited	13, Shree Niketan, 16 Vithalbhai Road, Vile Parle (West), Mumbai – 400056, Maharashtra, India	950
Maitri Buildcon Private Limited	13, Shree Niketan, 16 Vithalbhai Road, Vile Parle (West), Mumbai – 400056, Maharashtra, India	950
Omniscient Construction Private Limited	5, Jain Bhuvan, Mathuradas Road, Kandivali (West), Mumbai – 400067, Maharashtra, India	950
Distinct Construction Private Limited	13, Shree Niketan, 16 Vithalbhai Road, Vile Parle (West), Mumbai – 400056, Maharashtra, India	713
Blacksky Property Private Limited	13, Shree Niketan, 16 Vithalbhai Road, Vile Parle (West), Mumbai – 400056, Maharashtra, India	713
Total		10000

AS ON 30.09.2011

Equity Share Breakup	Percentage of Holding
Category
Bodies corporate	66.74
Directors or relatives of directors	33.26
Total	100.00

BUSINESS DETAILS

Line of Business :

Construction and Development Activity

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

Not Available

Facilities :

Unsecured Loans	31.03.2011	31.03.2010
	(Rs. In Millions)
Loan from Directors	0.001	0.000
Total	0.001	0.000

Banking Relations :	--
Auditors :
Name :	Sudhir Valia and Associates Chartered Accountants
Address :	206,Shree Hanuman Industrial Estate Gd Ambedkar Marg, Next To Ram Mandir, Wadala, Mumbai – 400031, Maharashtra, India
Income-tax PAN of auditor or auditor's firm :	AAAPV4633Q

CAPITAL STRUCTURE

AS ON 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
10,000	Equity Shares	Rs. 10/- each	Rs. 0.100 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10,000	Equity Share	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	31.03.2009
SHAREHOLDERS FUNDS
1] Share Capital		0.100	0.100	0.100
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		412.963	334.873	250.764
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		413.063	334.973	250.864
LOAN FUNDS
1] Secured Loans		0.000	0.000	0.000
2] Unsecured Loans		0.001	0.000	47.710
TOTAL BORROWING		0.001	0.000	47.710
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		413.064	334.973	298.574
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		0.000	0.000	0.000
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		412.242	334.174	298.521
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	0.080	0.102	0.062
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	1.031	0.993	0.000
Total Current Assets		1.111	1.095	0.062
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	0.000	0.000	0.000
	Other Current Liabilities	0.012	0.026	0.009
	Provisions	0.277	0.270	0.000
Total Current Liabilities		0.289	0.296	0.009
Net Current Assets		0.822	0.799	0.053
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		413.064	334.973	298.574

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income
		Other Income
		TOTAL	78.286	85.626	31.001
Less	EXPENSES
		Operative and Other Expenses	0.187	1.251
		Interest on Borrowed Capital	0.000	0.000
		TOTAL	0.187	1.251	2.090
	PROFIT BEFORE TAX		78.099	84.375	28.911
Less	TAX		0.009	0.267	0.000
	PROFIT AFTER TAX		78.090	84.108	28.911
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		333.915	249.807	220.899
	BALANCE CARRIED TO THE B/S		412.005	333.915	249.807
	Earnings Per Share (Rs.)		7808.99	8410.84	2890.77

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	99.75	98.23	93.26
Return on Total Assets (PBT/Total Assets}	(%)	7029.61	7705.48	46630.6
Return on Investment (ROI) (PBT/Networth)		0.19	25.19	11.52
Debt Equity Ratio (Total Liability/Networth)		0.000	0.000	0.19
Current Ratio (Current Asset/Current Liability)		3.84	3.70	6.89

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

OPERATIONS:

During the year, the company has earned Profit on sale of Investment and Shares of profit from partnership firm and made further investments in the shares of the companies. The Directors are hopeful that, barring unforeseen circumstances the company’s investments with Partnership Firms and Companies will yield good return for the company in the long run.

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. 55.38
UK Pound	1	Rs. 87.80
Euro	1	Rs. 69.48

INFORMATION DETAILS

Report Prepared by :

BVA

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	6
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--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	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		48

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.