MIRA INFORM REPORT

Report Date :

12.01.2012

IDENTIFICATION DETAILS

Name :	AEON RKB MOTORS PRIVATE LIMITED
Registered Office :	203, Krishnayan, Plot No. 2309, Sector E, Sudama Nagar, Indore – 452 009, Madhya Pradesh
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	12.11.2010
Com. Reg. No.:	10-24716
Capital Investment / Paid-up Capital :	Rs.0.200 million
CIN No.: [Company Identification No.]	U34105MP2010PTC024716
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturing and Selling of all types of Specialty Application Vehicles.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ca (11)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	New Company
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a relatively new company and yet to establish itself gradually. Payments are unknown. The company has not commenced its commercial business activities in the year 2010-11. The company can be considered for business on a 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 – September 30, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
India	A1	A1

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

INFORMATION DECLINED BY

UNABLE TO CONTACT

LOCATIONS

Registered Office :	203, Krishnayan, Plot No. 2309, Sector E, Sudama Nagar, Indore – 452 009, Madhya Pradesh, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	akmcafiling@gmail.com

DIRECTORS

As on 30.09.2011

Name :	Mr. Rabindra Narayan Senapati
Designation :	Director
Address :	121, Bhimpur, Near Aerodrome Main Gate, Bhubaneswar – 751 020, Orissa, India
Date of Birth/Age :	25.09.1963
Date of Appointment :	12.11.2010
DIN No.:	00697778

Other Directorship

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U51397OR2005PTC008096	Rabindra Surgicals Private Limited	Managing director	01-04-05	01-04-05	Active	NO
2	U29297OR2005PTC008212	Aeon Medical Private Limited	Managing director	17-06-05	17-06-05	Active	NO
3	U34102OR2009PTC010591	Aeon Special Vehicles Private Limited	Managing director	02-02-09	02-02-09	Active	NO
4	U85100OR2009PTC010592	Aeon Health Services Private Limited	Managing director	02-02-09	02-02-09	Active	NO
5	U85100MP2010PTC023953	Academy of Health and Safety Private Limited	Director	19-07-10	19-07-10	Active	NO
6	U34105MP2010PTC024716	Aeon RKB Motors Private Limited	Director	12-11-10	12-11-10	Active	NO

Name :	Abani Ranjan Tripathy
Designation :	Director
Address :	33, Payal Vatika, Vandana Nagar, Pipliyahana, Indore – 452 018, Madhya Pradesh, India
Date of Birth/Age :	26.11.1972
Date of Appointment :	12.11.2010
DIN No.:	02427697

Other Directorship

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U29297OR2005PTC008212	Aeon Medical Private Limited	Director	20-08-08	20-08-08	Active	NO
2	U34102OR2009PTC010591	Aeon Special Vehicles Private Limited	Director	02-02-09	02-02-09	Active	NO
3	U85100OR2009PTC010592	Aeon Health Services Private Limited	Director	02-02-09	02-02-09	Active	NO
4	U85100MP2010PTC023953	Academy of Health and Safety Private Limited	Director	19-07-10	19-07-10	Active	NO
5	U34105MP2010PTC024716	Aeon RKB Motors Private Limited	Director	12-11-10	12-11-10	Active	NO

Name :	Mr. Ranjan Roy
Designation :	Additional Director
Address :	Plot No. 71, Surya Nagar, Bhubaneswar – 751 003, Orissa, India
Date of Birth/Age :	20.09.1965
Date of Appointment :	01.11.2011
DIN No.:	02292967

Other Directorship

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U29297OR2005PTC008212	Aeon Medical Private Limited	Director	30-09-08	30-09-08	Active	NO
2	U34105MP2010PTC024716	Aeon RKB Motors Private Limited	Additional director	01-11-11	01-11-11	Active	NO
3	U85100MP2010PTC023953	Academy of Health and Safety Private Limited	Additional director	01-11-11	01-11-11	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2011

Names of Shareholders	No. of Shares
Abani Ranjan Tripathy	15000
Rabindra Narayan Senapati	5000
Total	20000

As on 30.09.2011

Equity Share Breakup	Percentage of Holding
Category
Directors or relatives of directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturing and Selling of all types of Specialty Application Vehicles.

GENERAL INFORMATION

No. of Employees :	Not Available
Bankers :	Not Available

Banking Relations :	--
Auditors :
Name :	K. C. Wakhariya Chartered Accountant
Address :	222, Muley Tower, 164, M. G. Road, Indore – 452 001, Madhya Pradesh, India
PAN No.:	AAFPW9480P

CAPITAL STRUCTURE

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
20000	Equity Shares	Rs.10/- each	Rs.0.200 million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011
SHAREHOLDERS FUNDS
1] Share Capital		0.200
2] Share Application Money		0.000
3] Reserves & Surplus		0.000
4] (Accumulated Losses)		0.000
NETWORTH		0.200
LOAN FUNDS
1] Secured Loans		0.000
2] Unsecured Loans		0.000
TOTAL BORROWING		0.000
DEFERRED TAX LIABILITIES		0.000
TOTAL		0.200
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	0.009
	Other Current Assets	0.000
	Loans & Advances	0.000
Total Current Assets		0.009
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	0.006
	Other Current Liabilities
	Provisions	0.000
Total Current Liabilities		0.006
Net Current Assets		0.003
MISCELLANEOUS EXPENSES		0.197
TOTAL		0.200

KEY RATIOS

PARTICULARS	31.03.2011
Debt Equity Ratio (Total Liability/Networth)	0.03
Current Ratio (Current Asset/Current Liability)	1.50

LOCAL AGENCY FURTHER INFORMATION

NOTE

The Registered Office of the company has been shifted from Plot No. 402, Pirumala Heights, Sector 3, Plot No. A-2X-1, Gumashta Nagar, Sector 71, Indore – 452 012, Madhya Pradesh, India to the present address w.e.f. 01.07.2011.

PERFORMANCE REVIEW

The company has not commenced any business activities during the period ended 31.03.2011.

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.51.75
UK Pound	1	Rs.80.00
Euro	1	Rs.65.99

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
PAID-UP CAPITAL	1~10	2
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
--PROFITABILIRY	1~10	--
--LIQUIDITY	1~10	2
--LEVERAGE	1~10	1
--RESERVES	1~10	--
--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		11

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.