MIRA INFORM REPORT

Report Date :

12.02.2012

IDENTIFICATION DETAILS

Name :	CRYSTAL PRECISION PRIVATE LIMITED

Registered Office :	46, IInd Floor, Amrit Nagar, N. D. S. E Part – I, New Delhi – 110049

Country :	India

Date of Incorporation :	29.04.2011

Com. Reg. No.:	218300

Capital Investment/ Paid-up Capital:	Rs. 0.100 Million

CIN No.: [Company Identification No.]	U33110DL2011PTC218300

IEC No.:	0511068662

TIN No. :	09176510306

PAN No.: [Permanent Account No.]	AAECC3840P

Legal Form :	Private Limited Liability Company

Line of Business :	Manufacturer and Traders Turbine Parts

No. of Employees:	7 Approximately [Planning to appoint 20 more persons]

RATING & COMMENTS

MIRA’s Rating :

RATING

STATUS

PROPOSED CREDIT LINE

New Business

Status :	New Company

Payment Behaviour :	Unknown

Litigation :	Clear

Comments :	Subject is a new company and yet to commence its commercial business activities. The company will start its business activities from February 2012. Payments are unknown. 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 – September 30, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

India

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

INFORMATION PARTED BY

Name :	Mr. Ankit Singhal
Designation :	Director
Contact No.:	91-7830003636
Date :	11.01.2012

LOCATIONS

Registered Office :	46, IInd Floor, Amrit Nagar, N. D. S. E Part – I, New Delhi – 110049, India
Tel. No.:	Not Available
Mobile No.:	91-7830003636 [Mr. Ankit Singhal]
Fax No.:	Not Available
E-Mail :	smjsolutions@rediffmail.com ssguptaandco@yahoo.co.in
Website :	http://www.crystalprecision.in

Head Office :	Hotel Crystal Place Private Limited G-2/47, Boundary Road, Meerut – 250001, Uttar Pradesh, India
Tel. No.:	91-121-2668500 / 400100
Fax No.:	91-121-2654933
Location :	Owned

Factory 1 :	K No 772, Village Baral, (Behind J P Resort) Partapur, Meerut – 250103, Uttar Pradesh, India
E-Mail :	ankit@crystalprecision.in
Location :	Owned

DIRECTORS

Name :

Mr. Rajender Kumar

Designation :

Director

Address :

207/A, West End Road, Meerut Cantt, Meerut – 250001, Uttar Pradesh, India

Date of Birth/Age :

08.07.1954

Date of Appointment :

29.04.2011

DIN No. :

01105279

Other Directorship :

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	U17231UP1991PTC013262	RAMA TEX N TWIST PRIVATE LIMITED	Director	22-12-1995	22-12-1995	Active	NO
2	U55101DL2009PTC189305	CRYSTAL HOTEL PRIVATE LIMITED	Director	13-04-2009	13-04-2009	Active	NO
3	U72900DL2010PTC198777	CURRENT INFOTECH PRIVATE LIMITED	Director	05-02-2010	05-02-2010	Active	NO
4	U70200DL2010PTC202640	LAZER INFRA TECH PRIVATE LIMITED	Director	13-05-2010	13-05-2010	Active	NO
5	U33110DL2011PTC218300	CRYSTAL PRECISION PRIVATE LIMITED	Director	29-04-2011	29-04-2011	Active	NO

Name :

Mr. Pullak Garga

Designation :

Director

Address :

206, West End Road, Meerut – 250002, Uttar Pradesh, India

Date of Birth/Age :

06.07.1956

Date of Appointment :

29.04.2011

DIN No. :

02205647

Other Directorship :

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	U55101DL2009PTC189305	CRYSTAL HOTEL PRIVATE LIMITED	Director	13-04-2009	13-04-2009	Active	NO
2	U33110DL2011PTC218300	CRYSTAL PRECISION PRIVATE LIMITED	Director	29-04-2011	29-04-2011	Active	NO

Name :

Mr. Anjaney Garga

Designation :

Director

Address :

206, West End Road, Meerut – 250002, Uttar Pradesh, India

Date of Birth/Age :

23.06.1983

Date of Appointment :

29.04.2011

DIN No. :

03074428

Other Directorship :

.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	U55101DL2009PTC189305	CRYSTAL HOTEL PRIVATE LIMITED	Additional director	01-06-2010	01-06-2010	Active	NO
2	U33110DL2011PTC218300	CRYSTAL PRECISION PRIVATE LIMITED	Director	29-04-2011	29-04-2011	Active	NO

Name :

Mr. Ankit Singhal

Designation :

Director

Address :

207/A, West End Road, Meerut Cantt, Meerut – 250001, Uttar Pradesh, India

Date of Birth/Age :

05.01.1979

Qualification :

B Tec

Date of Appointment :

29.04.2011

DIN No. :

03074437

Other Directorship :

.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	U72900DL2010PTC198777	CURRENT INFOTECH PRIVATE LIMITED	Director	01-04-2010	01-04-2010	Active	NO
2	U55101DL2009PTC189305	CRYSTAL HOTEL PRIVATE LIMITED	Additional director	01-06-2010	01-06-2010	Active	NO
3	U33110DL2011PTC218300	CRYSTAL PRECISION PRIVATE LIMITED	Director	29-04-2011	29-04-2011	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

(AS ON 27.04.2011)

Names of Shareholders		No. of Shares
Mr. Pullak Garga		2500
Mr. Rajender Kumar		2500
Mr. Anjaney Garga		2500
Mr. Ankit Singhal		2500
Total		10000

Category		Percentage

Directors or relatives of directors		100.00 %

Total		100.00 %

BUSINESS DETAILS

Line of Business :	Manufacturer and Traders Turbine Parts

Terms :
Selling :	Cash and Credit [30 Days]

Purchasing :	Cash and Credit [30 Days]

GENERAL INFORMATION

Customers :	Retailers

No. of Employees :	7 Approximately [Planning to appoint 20 more persons]

Bankers :	Axis Bank Limited, Meerut, Uttar Pradesh, India


Banking Relations :	--

Auditors :	Not Available

Associates/Subsidiaries :	· Current Infotech Private Limited · Crystal Hotel Private Limited

CAPITAL STRUCTURE

Authorised Capital :

No. of Shares	Type	Value	Amount

100000	Equity Share	Rs.10/- each	Rs. 1.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount

10000	Equity Share	Rs.10/- each	Rs. 0.100 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

NEW COMPANY

Production will started in February - 2012

Total Project Cost is Rs. 50.000 Millions

The above information has been parted by Mr. Ankit Singhal.

LOCAL AGENCY FURTHER INFORMATION

Check List by Info Agents	Available in Report [Yes/No]
Year of Establishment	Yes
Locality of the Firm	Yes
Construction of the firm	Yes
Premises details	Yes
Type of Business	Yes
Line of Business	Yes
Promoters background	-
No. of Employees	Yes
Name of Person Contacted	Yes
Designation of contact person	Yes
Turnover of firm for last three years	No
Profitability for last three years	No
Reasons for variation <> 20%	No
Estimation for coming financial year	No
Capital the business	Yes
Details of sister concerns	Yes
Major Suppliers	No
Major Customers	No
Payment Terms	No
Export / Import Details [If Applicable]	No
Market Information	-
Litigations that the firm / promoter involved in	-
Banking Details	Yes
Banking Facility Details	No
Conduct of the banking account	-
Buyer visit details	-
Financials, if provided	No
Incorporation details, if applicable	-
Last accounts filed at ROC	-
Major Shareholders, if applicable	-

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.51.74
UK Pound	1	Rs.80.00
Euro	1	Rs.65.99

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.

MIRA INFORM REPORT

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