1. Summary Information

		Country	India
Company Name	A A TOOLINGS PRIVATE LIMITED	Principal Name 1	Mr. Mohan Kauapatty Chandrasekaran
Status	Moderate	Principal Name 2	Mr. Subhash Nagorao Dange
		Registration #	11-132549
Street Address	Shop No.7, Amit Plaza Plot No. GP 80, G Block MIDC Sambhaji Nagar, Chinchwad, Pune – 411019, Maharashtra, India
Established Date	04.08.2008	SIC Code	--
Telephone#	91-20-27370200	Business Style 1	Trader
Fax #	Not Available	Business Style 2	Importer
Homepage	--	Product Name 1	Cutting Tools
# of employees	8 (Approximately)	Product Name 2	--
Paid up capital	Rs. 2,500,000 /-	Product Name 3	--
Shareholders	Directors or relatives of Directors - 84.00% Other top fifty shareholders - 16.00%	Banking	Indian Bank
Public Limited Corp.	No	Business Period	4 years
IPO	No	International Ins.	--
Public Enterprise	No	Rating	B (27)
Related Company
Relation	Country	Company Name	CEO
--	--	--	--
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2010		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	5,510,000	Current Liabilities	1,861,000
Inventories	3,539,000	Long-term Liabilities	4,501,000
Fixed Assets	605,000	Other Liabilities	1 040,000
Deferred Assets	0,000	Total Liabilities	7,402,000
Invest& other Assets	182,000	Retained Earnings	0,000
		Net Worth	2,434,000
Total Assets	9,836,000	Total Liab. & Equity	9,836,000
Total Assets (Previous Year)	5,420,000
P/L Statement as of	31.03.2010		(Unit: Indian Rs.)
Sales	7,853,000	Net Profit /(Loss)	22,000
Sales(Previous yr)	1,656,000	Net Profit /(Loss) (Prev.yr)	(138,000)

MIRA INFORM REPORT

Report Date :

06.07.2012

IDENTIFICATION DETAILS

Name :	A A TOOLINGS PRIVATE LIMITED
Registered Office :	Shop No.7, Amit Plaza Plot No. GP 80, G Block MIDC Sambhaji Nagar, Chinchwad, Pune – 411019, Maharashtra
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	04.08.2008
Com. Reg. No.:	11-132549
Capital Investment / Paid-up Capital :	Rs.2.500 Millions
CIN No.: [Company Identification No.]	U28129PN2008PTC132549
Legal Form :	Private Limited Liability Company
Line of Business :	Trader and Importer of Cutting Tools
No. of Employees :	8 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (27)

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

Maximum Credit Limit :	USD 9700
Status :	Moderate
Payment Behaviour :	Slow but Correct
Litigation :	Clear
Comments :	Subject is an established company having moderate track record. The management have failed to file the latest years financial detail with government departments. However, trade relations are reported to be fair. Business is active. Payments are reported to be slow but correct. The company can be considered for business dealings with some cautions.

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

LOCATIONS

Registered Office/Warehouse :	Shop No.7, Amit Plaza Plot No. GP 80, G Block MIDC Sambhaji Nagar, Chinchwad, Pune – 411019, Maharashtra, India
Tel. No.:	91-20-27370200 / 65310680
Mobile No.:	91-9371449585 (Mr. Bharat)
E-Mail :	kcmohanmtt@rediffmail.com subhash@aatoolings.com
Location :	Owned

DIRECTORS

As on 30.09.2010

Name :	Mr. Mohan Kauapatty Chandrasekaran
Designation :	Director
Address :	Flat No. 4, Ground Floor, R 83/B, Yashoda HSG Society Brindavan Complex Thane West, Thane – 400601, Maharashtra, India
Date of Birth/Age :	08.06.1965
Date of Appointment :	04.08.2008
DIN No.:	02254834
Name :	Mr. Subhash Nagorao Dange
Designation :	Director
Address :	Sindhudurg HSG Society G Block, MIDC Sambhaji Nagar, Chinchwad, Pune – 411019, Maharashtra, India
Date of Birth/Age :	02.12.1977
Date of Appointment :	04.08.2008
DIN No.:	02254888

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2010

Names of Shareholders	No. of Shares
Chandrasekaran Kauapatty Mohan	10500
Subhash Nagorao Dange	10500
Harkud P Pranjali Prashant	4000
Total	25000

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2010

Category	Percentage
Directors or relatives of Directors	84.00
Other top fifty shareholders	16.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Trader and Importer of Cutting Tools

GENERAL INFORMATION

Suppliers:

· Amit Enterprises

· DHL Express (India) Private Limited

· Durga Enterprises

· Gajam Tools

· Global Tools

· Herramientas Preziss, S.L

· Jay Computers

· Korloy Inc.,

· Kunal Tools Corporation

· Perfect Toolings Systems

· Phoneix Engineers

· Rajesh Trading Corporation

· Shah Marketing

· Shivrudra Services

· TNT India Private Limited

· Tool and Company

· Vinay Trading Corporation P.

Customers :

· 2 M Engineers

· Abhijeet Engineers

· Aditya Enterprises

· Aditya Trading Corporation.

· Amco Engineers

· Anupam Industries

· ASM Toolings Solution

· Badve Autocomps Private Limited

· Edicon Pneumatic Tool Company Private Limited

· Endurance Technologies Private Limited

· HD Fire Protect Private Limited

· High Technology Transmission System Private Limited

· Hi-Tech Electrode

No. of Employees :

8 (Approximately)

Bankers :

Indian Bank, Kirkee Branch, Shop No.2 and 3, Kirkee Business Centre, Pune - 411003, Maharashtra, India

Facilities :

Secured Loan	As on 31.03.2010 (Rs. in Millions)	As on 31.03.2009 (Rs. in Millions)
CC Indian Bank	3.051	0.000
Total	3.051	0.000
Unsecured Loan	As on 31.03.2010 (Rs. in Millions)	As on 31.03.2009 (Rs. in Millions)
From Director	1.450	1.450
Total	1.450	1.450

Banking Relations :	--
Auditors :
Name :	Prasad Kulkarni and Associates Chartered Accountants
Address :	Office No. 1, 1^st Floor, Sai-Arcade, Sambhaji Nagar, MIDC, Chinchwad, Pune – 411019, Maharashtra, India
Tel No.:	91-20-27370123
E-mail :	pkulkarniassociates@gmail.com
PAN No.:	AJVPK5849D

CAPITAL STRUCTURE

As on 31.03.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
25000	Equity Shares	Rs.100/- each	Rs. 2.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
25000	Equity Shares	Rs.100/- each	Rs. 2.500 Millions
	Share Application Money		Rs. 0.050 Million
	Total		Rs. 2.550 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2010	31.03.2009
SHAREHOLDERS FUNDS
1] Share Capital		2.500	2.500
2] Share Application Money		0.050	0.050
3] Reserves & Surplus		0.000	0.022
4] (Accumulated Losses)		(0.116)	0.000
NETWORTH		2.434	2.572
LOAN FUNDS
1] Secured Loans		3.051	0.000
2] Unsecured Loans		1.450	1.450
TOTAL BORROWING		4.501	1.450
DEFERRED TAX LIABILITIES		0.010	0.002
TOTAL		6.945	4.024
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		0.605	0.112
Capital work-in-progress		0.000	0.000
INVESTMENT		0.080	0.000
DEFERREX TAX ASSETS		0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	3.539	1.700
	Sundry Debtors	3.977	0.115
	Cash & Bank Balances	0.152	0.082
	Other Current Assets	0.029	0.000
	Loans & Advances	1.352	3.275
Total Current Assets		9.049	5.172
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	1.558	1.259
	Other Current Liabilities	0.303	0.000
	Provisions	1.030	0.137
Total Current Liabilities		2.891	1.396
Net Current Assets		6.158	3.776
MISCELLANEOUS EXPENSES		0.102	0.136
TOTAL		6.945	4.024

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009
	SALES
		Income	7.853	1.656
		Other Income
		TOTAL	7.853	1.656
Less	EXPENSES
		Office Expenses
		Administrative Expenses
		Advertising Expenses	7.728	1.613
		Interest
		Depreciation
		TOTAL	7.728	1.613
	PROFIT BEFORE TAX		0.125	0.043
Less	TAX		0.263	0.021
	PROFIT AFTER TAX		(0.138)	0.022
	Earnings Per Share (Rs.)		(5.52)	0.80

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009
PAT / Total Income	(%)	(1.76)	1.33
Return on Total Assets (PBT/Total Assets}	(%)	1.29	0.81
Return on Investment (ROI) (PBT/Networth)		0.05	0.01
Debt Equity Ratio (Total Liability/Networth)		3.04	1.10
Current Ratio (Current Asset/Current Liability)		3.13	3.70

LOCAL AGENCY FURTHER INFORMATION

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	Yes
9) Name of person contacted	No
10) Designation of contact person	No
11) Turnover of firm for last two years	Yes
12) Profitability for last two 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	Yes
18) Major customers	Yes
19) Payments terms	No
20) Export / Import details (if applicable)	No
21) Market information	--
22) Litigations that the firm / promoter	--
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	No
30) Major Shareholders, if available	Yes

Operation Review:

The Directors are confident that the company will continue to maintain its good quality of product and Directors are Optimistic for a bright future of the company.

Fixed Assets:

• Computer and Peripherals
• Furniture and Fixtures
• Telephone Instruments

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.55.03
UK Pound	1	Rs.85.93
Euro	1	Rs.68.97

INFORMATION DETAILS

Report Prepared by :

BSN

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
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	3
--CREDIT LINES	1~10	3
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		27

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.