MIRA INFORM REPORT

Report Date :

01.06.2012

IDENTIFICATION DETAILS

Name :	KOOH SPORTS PRIVATE LIMITED
Registered Office :	Office No. 201, Maxheal House, Plot – 169, Opposite Aayappa Temple, Bangur Nagar, Goregaon (West), Mumbai – 400090, Maharashtra
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	17.06.2010
Com. Reg. No.:	204372
Capital Investment / Paid-up Capital :	Rs. 9.500 Millions
CIN No.: [Company Identification No.]	U74900MH2010PTC204372
TAN No.: [Tax Deduction & Collection Account No.]	MUMK20304E
Legal Form :	Private Limited Liability Company
Line of Business :	Subject is Act as a Event Management Company.
No. of Employees :	45 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (26)

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

Maximum Credit Limit :	USD 38000
Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is a relatively new company having moderate track. There appears some accumulated losses recorded by the company. However, trade relations are reported as fair. Business is active. Payments are reported to be slow. The company can be considered for business dealings on a secured trade terms and conditions. The Profit and Loss of the Company is not available.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

INFORMATION PARTED BY (General Details)

Name :	Ms. Mugdha
Designation :	Finance Executive
Contact No.:	91-22-64568202
Date :	30.05.2012

LOCATIONS

Registered Office/ Head Office :	Office No. 201, Maxheal House, Plot – 169, Opposite Aayappa Temple, Bangur Nagar, Goregaon (West), Mumbai – 400090, Maharashtra, India
Tel. No.:	91-22-64568200/ 01
Fax No.:	Not Available
E-Mail :	kashif.s@kooh.in sahil.s@kooh.in ananya.n@kooh.in
Website :	http://www.kooh.in

DIRECTORS

AS ON 15.12.2011

Name :

Mr. Prabhu Srinivasan

Designation :

Director

Date of Appointment :

17.06.2010

DIN No.:

01404366

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	U85100MH2007PTC170426	HOE WELLNESS PRIVATE LIMITED	Director	30-04-07	30-04-07	Active	NO
2	U74900MH2010PTC204372	KOOH Sports Private Limited	Director	17-06-10	17-06-10	Active	NO
3	U72900MH2005PLC157255	SPARSH BPO SERVICES LIMITED	Additional director	17-01-12	17-01-12	Active	NO

Name :

Mr. Kashif Hafizulla Siddiqui

Designation :

Director

Date of Appointment :

17.06.2010

DIN No.:

03022275

Name :

Mr. Puneet Mehra Ashok

Designation :

Director

Address :

702, A Wing Valencia Apartment, Hiranandani Gardens, Powai, Mumbai – 400076, Maharashtra, India

Date of Appointment :

17.06.2010

DIN No.:

02846156

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	U51900MH1998PTC114499	TORAL ENTERPRISES PRIVATE LIMITED	Director	16-04-98	16-04-98	Active	NO
2	U74900MH2010PTC204372	KOOH Sports Private Limited	Director	17-06-10	17-06-10	Active	NO

Name :

Mr. Susirkumar Mangalore

Designation :

Additional Director

Address :

201, Oceanic Building, 7 Bungalows, Andheri (West), Mumbai – 400061, Maharashtra, India

Date of Birth/Age :

30.01.1966

Date of Appointment :

26.11.2010

DIN No.:

00049374

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U72900MH2005PLC157255	SPARSH BPO SERVICES LIMITED	Director	09-02-06	09-02-06	07-07-11	Active	NO
2	U72900MH2007PTC171259	SKR BPO Services Private Limited	Director	01-06-07	01-06-07	-	Active	NO
3	U72900TN2007PTC072681	Barclays Shared Services Private Limited	Director	01-06-07	01-06-07	08-06-07	Active	NO
4	U72900MH2007PTC171571	SKM Technology Ventures Private Limited	Director	12-06-07	12-06-07	-	Active	NO
5	U99999MH2000PTC129112	Intelenet Global Services Private Limited	Director	30-09-08	19-09-07	-	Active	NO
6	U72300MH2001PTC205649	TECNOVATE ESOLUTIONS PRIVATE LIMITED	Additional director	07-02-08	07-02-08	03-07-09	Amalgamated	NO
7	U74900MH2010PTC204372	KOOH Sports Private Limited	Director	05-12-11	26-11-10	-	Active	NO
8	U72900HR2001PTC034663	Serco BPO Private Limited	Additional director	29-09-11	29-09-11	-	Active	NO
9	U72300HR1999PTC044441	Serco BPO Holdings Private Limited	Additional director	29-09-11	29-09-11	-	Active	NO

KEY EXECUTIVES

Name :	Ms. Mugdha
Designation :	Finance Executive

AS ON 15.12.2011

Names of Allottees	No. of Shares
Puneet Mehta	10000
Chirag Patel	50000
Vijay Baskar	150000
Harsha Pai	150000
Ajit Majumdar	50000
Ajit Wadekar	50000
John Chandy	262500
Total	722500

AS ON 15.12.2011

Equity Share Breakup	Percentage of Holding
Category
Directors or relatives of directors	42.70
Other top fifty shareholders	57.30
Total	100.00

BUSINESS DETAILS

Line of Business :	Subject is Act as a Event Management Company.
Terms :
Selling :	Cash and Cheque
Purchasing :	Cash and Cheque

GENERAL INFORMATION

Customers :

Others (School, Gymkhana)

No. of Employees :

45 (Approximately)

Bankers :

Not Divulged

Facilities :

Unsecured Loan	As on 31.03.2011 (Rs. in Millions)
Unsecured Loan	10.000
Total	10.000

Banking Relations :	--
Auditors :
Name :	Bhandhari Dastur Gupta and Associates Chartered Accountants
Address :	1^st Floor, Penkar House, Jaishulal Mehta Road, Santacruz (West), Mumbai – 400054, Maharashtra, India
Tel. No.:	91-22-67638888
Fax No.:	91-22-67538889
E-Mail :	info@bdgin.com
Income-tax PAN of auditor or auditor's firm :	AADFB3359C

CAPITAL STRUCTURE

AS ON 05.12.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
15000000	Equity Shares	Rs. 10/- each	Rs. 150.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
622520	Equity Shares	Rs. 10/- each	Rs. 6.225 Millions

AS ON 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
15000000	Equity Shares	Rs. 10/- each	Rs. 150.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
950020	Equity Shares	Rs. 10/- each	Rs. 9.600 Millions

After 05.12.2011

Authorised Capital : Rs. 150.000 Millions

Issued, Subscribed & Paid-up Capital : Rs. 76.700 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011
SHAREHOLDERS FUNDS
1] Share Capital		9.500
2] Share Application Money		0.100
3] Reserves & Surplus		0.000
4] (Accumulated Losses)		(3.809)
NETWORTH		5.791
LOAN FUNDS
1] Secured Loans		0.000
2] Unsecured Loans		10.000
TOTAL BORROWING		10.000
DEFERRED TAX LIABILITIES		0.000
TOTAL		15.791
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		10.556
Capital work-in-progress		0.000
INVESTMENT		0.000
DEFERRED TAX ASSETS		0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000
	Sundry Debtors	0.000
	Cash & Bank Balances	3.963
	Other Current Assets	0.000
	Loans & Advances	8.170
Total Current Assets		12.133
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	6.277
	Other Current Liabilities	0.621
	Provisions	0.000
Total Current Liabilities		6.898
Net Current Assets		5.235
MISCELLANEOUS EXPENSES		0.000
TOTAL		15.791

KEY RATIOS

PARTICULARS	31.03.2011
Debt Equity Ratio (Total Liability/Networth)	2.92
Current Ratio (Current Asset/Current Liability)	1.76

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. Constitution 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	Yes
10. Designation of contact person	Yes
11. Turnover of firm for last one years	Yes
12. Profitability for last three years	No
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	Yes
20. Export / Import details	No
21. Market information	--
22. Litigations that the firm / promoter involved	--
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

Note: The Registered Address of the Company has been shifted from A 701 Silicom Park, Jankalyan Nagar, Malad (West), Mumbai – 400095, Maharashtra, India to the Present Address w.e.f. 01.08.2011

SUNDRY CREDITORS:

Particulars	31.03.2011
Sundry Creditors for Expenses	6.277
Total	6.277

OPERATIONS:

The Company has begun its operations but did not have any income as this is the first year of the Company. However, the Directors are confident about the financial model and business prospects of the company.

FIXED ASSETS:

Tangible Assets

v Computers

v Office Equipments

v Sports Equipments

Intangible Assets

v Business Know How

v Goodwill on Business Acquisition

AS PER WEBSITE DETAILS

PROFILE:

KOOH Sports’ is the training service launched by KOOH Sports Private Limited Its sole purpose is to provide international standard, professional sports training to children in schools, colleges, gymkhanas, residential communities, etc. It also provides management services for Pro-teams.

The objective of the service is to coach and nurture India’s future sportstars and Olympic medalists.

The flagship training program of KOOH Sports is perhaps the most comprehensive sports training program that includes sports coaching plus theory. The theory aspects include the physics, physiology, psychology and nutrition of sports. The students performance is monitored with Performance Analysis Tools and they are mentored by visiting Olympic stars during Super Star Clinics.

Susir Kumar – Chairman & Co Founder:

The best way to describe Susir is that he is a “visionary and energizer” rolled up in one. He has over the years set up successful large format businesses. The common theme while he built these organizations were, laser focus vision, getting the right people in the bus and infusing entrepreneurial spirit. The fact that he executed one of the largest management buy out in the country and is currently the CEO of the 2nd largest BPO Company in India is a testimony to his skills. Susir, prior to taking on the mantle in Intelenet has worked for organizations like HDFC and Birla before. He is an avid fitness enthusiast and a lover of sports. No one believes that he is also a qualified company secretary.

Prabhu Srinivasan – CEO and Co Founder:

His ability to build structures and framework to execute anything has helped him become an important cog in the wheel of all organizations he has worked for in the past. Over the years he has been know for his ability to convert ideas to reality. He has worked in organizations like KPMG, Standard Chartered, GE and Intelenet. He is also armed with black belt training in six-sigma. Over the years he gained experience of running functions like corporate strategy, quality and operations. He is a real sports enthusiast and is happiest when is he is out playing with kids. Prabhu is a Qualified Chartered Accountant.

Puneet Mehra – VP (Events)

Puneet is the “cool cucumber” who leads the events division. His is the man who gets the job done. Started out as a textile entrepreneur where he learnt the ropes of running a business and dealing with the supply chain. Puneet then decided to join the corporate world as a finishing school, to learn the ropes of both, client and people management. He has, over time, been able to find a “Puneet Way” of doing things. The core to his way of getting things done is his ability to motivate his team to deliver. He has worked in organizations like Wipro, Epicenter in his previous roles. He is also a professional cricketer who has represented teams in various divisions and continues to devote weekends to sports. Puneet is a graduate in Commerce

Kashif Siddiqui – AVP (Strategic Initiatives Group)

He is known as “Mr Reliable” – a man who can be trusted to take a project, activity or task to its logical end. He is a trained six sigma resource with a real strong analytical bent of mind. He has been a Senior Professional with huge experience in the Service Industry. He formerly worked with Efunds. He brings in significant operations and execution skills. Kashif also has the relevant experience in Project Management. He is an avid sportsman and a firm believer in the principle that the best gift you could give anyone is to rekindle their desire to stepoutdoors and have fun. Kashif is a graduate in Commerce

Ajit Wadekar

Ajit Laxman Wadekar is a former captain of the Indian test Cricket team. He’s played 37 test matches for the country at an international level. He was born on 1st April, 1941 in Bombay, India. His father wanted him to become an Engineer but his passion was Cricket. Engineering’s loss became India’s gain. He made his debut against the West Indies in 1966. In Wadekar, the Indian team found an aggressive left-handed batsman, a good fielder and an able captain.

In 1973-74, Wadekar retired as a cricketer, but not from Cricket. He went on to serve as the Manager of the Indian Cricket Team. He also serves as the Chairman of Selectors of the National Team.

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. 56.42
UK Pound	1	Rs. 87.38
Euro	1	Rs. 69.95

INFORMATION DETAILS

Information Gathered by :	JML
Report Prepared by :	BVA

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILIRY	1~10	2
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	-
--CREDIT LINES	1~10	3
--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		26

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.