MIRA INFORM REPORT

Report Date :

05.06.2012

IDENTIFICATION DETAILS

Name :	MY MOBILE PAYMENTS LIMITED
Registered Office :	7^th Floor, MET Complex, Bandra Reclamation, Bandra (West), Mumbai - 400050 Maharashtra
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	02.06.2010
Com. Reg. No.:	11 - 203640
Capital Investment/ Paid-up Capital:	Rs.16.559 Millions
CIN No.: [Company Identification No.]	U72900MH2010PLC203640
TAN No.: [Tax Deduction & Collection Account No.]	MUMM3488C
PAN No.: [Permanent Account No.]	AAGCM5823Q
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	The Company is in business of Mobile Payment Services offering prepaid ad electric payment instrument for purchasing goods and services
No. of Employees:	Not Available

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 63000
Status :	Moderate
Payment Behaviour :	Slow but Correct
Litigation :	Clear
Comments :	Subject is relatively new company having moderate track. The company has incurred in its first year of operation. There appears some accumulated losses. The company is optimistic in showing better results in next financial year. Trade relations are reported 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/Corporate Office :	7^th Floor, MET Complex, Bandra Reclamation, Bandra (West), Mumbai -400050 Maharashtra, India
Tel. No.:	91-22-6120-1500
Fax No.:	Not Available
E-Mail :	shashankjoshi@hotmail.com info@Money-On-Mobile.com
Regional Office (East India):	21 Camac Street, 7^th Floor, Kolkata – 700016, West Bengal, India
Regional Office (South India):	#G- 101, 1^st Floor, Technopolis Galada Towers, Begumpet, Hyderabad – 500016, Andhra Pradesh, India
Tel. No.:	91-40-65441166

DIRECTORS

As on 30.09.2011

Name :

Mr. Shashank Joshi

Designation :

Director

Address :

F N 1901,Emrald-1, Royal Palms Golf Country Club, Aarey Milk Colony, Goregaon (E), Mumbai-400065, Maharashtra, India

Date of Birth/Age :

05.03.1973

Date of Appointment :

02.06.2010

Din No.:

01393525

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	U72300DL2007PTC164101	PROSPECTBASE IT SERVICES PRIVATE LIMITED	Director	29/05/2007	29/05/2007	-	Active	NO
2	U72900MH2010PLC203640	MY MOBILE PAYMENTS LIMITED	Director	2/6/2010	2/6/2010	-	Active	NO
3	U74120MH2012PLC227020	DIGITAL PAYMENTS PROCESSING LIMITED	Director	16/02/2012	16/02/2012	-	Active	NO

Name :

Mr. Ranjeet Oak

Designation :

Director

Address :

41-4, A wing, Ghanshyam Krupa, Manish Nagar, D N Nagar, Andheri (W), Mumbai-400053, Maharashtra, India

Date of Birth/Age :

03.12.1971

Date of Appointment :

02.06.2010

Din No.:

02803714

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	U72900MH2010PLC203640	MY MOBILE PAYMENTS LIMITED	Director	2/6/2010	2/6/2010	-	Active	NO
2	U74120MH2012PLC227020	DIGITAL PAYMENTS PROCESSING LIMITED	Director	16/02/2012	16/02/2012	28/03/2012	Active	NO

Name :

Mr. Jolly Mathur

Designation :

Director

Address :

43/1301, MIG Colony, Adarsh Nagar, Worli, Mumbai-400025, Maharashtra, India

Date of Birth/Age :

28.08.1964

Date of Appointment :

02.06.2010

Din No.:

01241474

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	U93000MH2010PTC203304	CALL LIFE INFORMATICS PRIVATE LIMITED	Director	17/05/2010	17/05/2010	-	Active	NO
2	U72900MH2010PLC203640	MY MOBILE PAYMENTS LIMITED	Director	2/6/2010	2/6/2010	-	Active	NO

Name :

Mr. Swaminathan Mittur

Designation :

Director

Address :

Ashwarooda, flat no.11, 2^nd floor, Building no.248, Ambujammal Street, TTK Salai, Chennai-600018, Karnataka, India

Date of Birth/Age :

15.03.1950

Date of Appointment :

30.06.2011

Din No.:

00169775

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	L65922TN1991PLC020219	IND BANK HOUSING LTD	Director	27/04/2006	27/04/2006	19/07/2007	Active	NO
2	L65191TN1989PLC017883	INDBANK MERCHANT BANKING SERVICES LIMITED	Director	27/04/2006	27/04/2006	19/07/2007	Active	NO
3	U93090TN1938GOI000108	UNITED INDIA INSURANCE COMPANY LIMITED	Director	14/12/2007	14/12/2007	1/4/2010	Active	NO
4	U91110MH1928GAP001391	INDIAN INSTITUTE OF BANKING AND FINANCE	Director	26/05/2008	26/05/2008	2/7/2010	Active	NO
5	L65110GJ1993PLC020769	Axis Bank Limited	Additional director	8/6/2010	8/6/2010	22/02/2011	Active	NO
6	U72400MH2004PLC147094	NSDL DATABASE MANAGEMENT LIMITED	Director	23/06/2011	1/4/2011	-	Active	NO
7	U45200TN2008PTC067275	M.R.L Posnet Private Limited	Director	30/09/2011	27/04/2011	-	Active	NO
8	L28990MH1996PLC097945	VARUN INDUSTRIES LIMITED	Director	11/8/2011	6/5/2011	10/4/2012	Active	NO
9	U65990MH2001PLC131804	THE CLEARING CORPORATION OF INDIA LIMITED	Director	21/06/2011	14/05/2011	-	Active	NO
10	U65922MH2010PTC202721	AADHAR HOUSING FINANCE PRIVATE LIMITED	Additional director	3/6/2011	3/6/2011	-	Active	NO
11	U65999TN2003PLC052058	SUNDARAM TRUSTEE COMPANY LIMITED	Director	27/06/2011	16/06/2011	-	Active	NO
12	U67200TN2000PLC045611	ROYAL SUNDARAM ALLIANCE INSURANCE COMPANY LIMITED	Director	10/8/2011	30/06/2011	-	Active	NO
13	U72900MH2010PLC203640	MY MOBILE PAYMENTS LIMITED	Director	30/09/2011	30/06/2011	-	Active	NO
14	U51909MH2004PTC145007	SHARDA WORLDWIDE EXPORTS PRIVATE LIMITED	Director	29/09/2011	26/07/2011	-	Active	NO
15	L40106AP1985PLC005318	BGR ENERGY SYSTEMS LIMITED	Additional director	14/11/2011	14/11/2011	-	Active	NO
16	L17120MH1989PLC054305	KISAN MOULDINGS LIMITED	Additional director	14/02/2012	14/02/2012	-	Active	NO
17	L36911MH1986PLC040689	GITANJALI GEMS LTD	Additional director	21/03/2012	21/03/2012	-	Active	NO
18	U85110TN2003PTC051101	FRONTIER LIFELINE PRIVATE LIMITED	Director	17/04/2012	17/04/2012	-	Active	NO
19	U67120TN2010PTC085948	MSA HOLDINGS PRIVATE LIMITED	Director	10/5/2012	10/5/2012	-	Active	NO

Name :

Mr. Rajat Kumar Sharma

Designation :

Director

Address :

503, Jaya Enclave, Shyamlal, Begumpet, Hyderabad- 500016, Andhra Pradesh , India

Date of Birth/Age :

25.08.1971

Date of Appointment :

30.06.2011

Din No.:

03024125

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	U72900MH2010PLC203640	MY MOBILE PAYMENTS LIMITED	Director	30/09/2011	30/06/2011	-	Active	NO
2	U74120MH2012PLC227020	DIGITAL PAYMENTS PROCESSING LIMITED	Director	16/02/2012	16/02/2012	-	Active	NO

Name :

Mr. Sushil Poddar

Designation :

Director

Address :

Happy House, 21 Camac Street, 7^th floor, Kolkata-700016, West Bengal, India

Date of Birth/Age :

15.02.1952

Date of Appointment :

28.09.2011

Din No.:

00325400

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	U70101WB1992PTC054174	RAKSHIT DEVELOPERS PVT LTD.	Director	29/02/1992	29/02/1992	-	Active	NO
2	U70101WB1992PTC055356	GANAPATI MULTIPROJECTS PVT.LTD.	Director	5/5/1992	5/5/1992	-	Active	NO
3	U51909WB1992PTC055020	NEWMAN'S DISTRIBUTORS PVT LTD	Director	4/12/1992	4/12/1992	-	Active	NO
4	U70101WB1994PTC063159	GANAPATI BUILDCON PVT LTD	Director	9/5/1994	9/5/1994	-	Active	NO
5	U51109WB1994PTC063188	GANAPATI STOCKS AND SECURITIES PVT LTD	Director	11/5/1994	11/5/1994	-	Active	NO
6	U32204WB1994PLC066894	HAPPY TELEKOMS LIMITED	Director	28/12/1994	28/12/1994	-	Dissolved	NO
7	U51909WB1995PTC073337	GOKUL MERCHANDISE PVT LTD	Director	27/12/1997	27/12/1997	14/05/2010	Active	NO
8	U51909WB1996PTC080937	BLAZE COMMERCIAL PVT LTD	Director	6/9/1999	6/9/1999	-	Active	NO
9	U51109WB1995PTC072627	HAPPY SGBL DEVELOPERS PRIVATE LIMITED	Director	6/9/1999	6/9/1999	-	Active	NO
10	U51909WB1997PTC085635	ANKLESH DEALERS PRIVATE LIMITED	Director	6/9/1999	6/9/1999	-	Active	NO
11	U72200WB2000PLC092581	HAPPY E ZON LIMITED	Director	9/11/2000	9/11/2000	-	Active	NO
12	U51109WB1995PTC075444	SHAHNAZ COMMERCIAL PVTLTD	Director	25/07/2001	25/07/2001	-	Active	NO
13	U74994WB2001PTC093860	HAPPY FASHIONS PRIVATE LIMITED	Director	12/3/2002	12/3/2002	-	Active	NO
14	U51909MH1993PLC180464	HAPPY HIGHRISES LIMITED	Director	9/12/2002	9/12/2002	2/7/2007	Active	NO
15	U70101WB1991PTC050691	GAJANAN PROMOTERS PVT LTD	Director	14/01/2003	14/01/2003	5/5/2010	Active	NO
16	U51109WB1995PTC070006	FRISKY VINCOM PVT.LTD.	Director	8/7/2003	8/7/2003	-	Active	NO
17	U51909WB1995PTC074639	AKASH DEEP INTERTRADE PVT.LTD.	Director	2/11/2004	2/11/2004	15/04/2010	Active	NO
18	U51109WB2005PTC102672	HAPPY BUSINESS PRIVATE LIMITED	Director	7/4/2005	7/4/2005	-	Active	NO
19	U70101WB2005PTC103006	HAPPY INFRASTRUCTURE PRIVATE LIMITED	Director	6/5/2005	6/5/2005	-	Active	NO
20	U51909WB1995PTC074879	AIMS MERCANDISE PVT.LTD.	Director	13/07/2005	13/07/2005	-	Active	NO
21	U51909WB1995PTC074392	HAPPY MASSCOMM PRIVATE LIMITED	Director	15/07/2005	15/07/2005	-	Active	NO
22	U70101WB1990PTC050205	SUMER PROPERTIES P LTD.	Director	15/07/2005	15/07/2005	13/01/2011	Active	NO
23	U70101WB2005PTC106097	DIAMOND RESIDENCY PRIVATE LIMITED	Director	8/11/2005	8/11/2005	-	Active	NO
24	U45400WB2005PLC106396	HAPPY BENGAL PROMOTERS LIMITED	Director	29/11/2005	29/11/2005	-	Active	NO
25	U80903WB2005PLC106698	HAPPY EDUCATIONAL SERVICES LIMITED	Director	15/12/2005	15/12/2005	-	Active	NO
26	U51900WB2006PTC108211	ULTRAPLUS TRADERS PVT LTD	Director	18/05/2006	18/05/2006	-	Active	NO
27	U51909WB2006PTC108203	UITRAPIUS MERCHANTS PVT LTD	Director	19/05/2006	19/05/2006	-	Active	NO
28	U70200WB1989PTC046725	GANPATI PROMOTERS PVT. LTD	Director	5/9/2006	5/9/2006	-	Active	NO
29	U45200WB2007PTC113199	HAPPY BHAWAN PRIVATE LIMITED	Director	8/2/2007	8/2/2007	-	Active	NO
30	U45200WB2007PTC113227	HAPPY ASHRAY PRIVATE LIMITED	Director	8/2/2007	8/2/2007	-	Active	NO
31	U45200WB2007PTC113229	HAPPY NIRMAN PRIVATE LIMITED	Director	8/2/2007	8/2/2007	-	Active	NO
32	U45200WB2007PTC113230	HAPPY NIWAS PRIVATE LIMITED	Director	8/2/2007	8/2/2007	-	Active	NO
33	U51109WB2007PTC113228	HAPPY SALES AND SERVICES PRIVATE LIMITED	Director	8/2/2007	8/2/2007	-	Active	NO
34	U70200WB2007PTC113231	SUGAM PROMOTERS PRIVATE LIMITED	Director	8/2/2007	8/2/2007	16/08/2008	Active	NO
35	U18101WB2007PTC113210	HAPPY INTERIORE PRIVATE LIMITED	Director	8/2/2007	8/2/2007	12/3/2012	Active	NO
36	U72200WB2007PTC113209	HAPPY INFORMEDIA PRIVATE LIMITED	Director	8/2/2007	8/2/2007	12/3/2012	Active	NO
37	U45200WB2007PTC113226	HAPPY PLAZA PRIVATE LIMITED	Director	8/2/2007	8/2/2007	11/12/2007	Active	NO
38	U72200WB2007PTC113232	HAPPY TECHNOLOGY PRIVATE LIMITED	Director	8/2/2007	8/2/2007	12/3/2012	Active	NO
39	U45200WB2007PTC113243	HAPPY APARTMENTS PRIVATE LIMITED	Director	9/2/2007	9/2/2007	-	Active	NO
40	U45200WB2007PTC113250	HAPPY AWASAN PRIVATE LIMITED	Director	9/2/2007	9/2/2007	-	Active	NO
41	U45200WB2007PTC113242	HAPPY JAGDAMBA DEVELOPERS PRIVATE LIMITED	Director	9/2/2007	9/2/2007	-	Active	NO
42	U45200WB2007PTC113241	HAPPY GADGETS PRIVATE LIMITED	Director	9/2/2007	9/2/2007	-	Active	NO
43	U45200WB2007PTC113245	HAPPY AANGAN PRIVATE LIMITED	Director	9/2/2007	9/2/2007	-	Active	NO
44	U45200WB2007PTC113244	HAPPY BRICK BUILDING PRIVATE LIMITED	Director	9/2/2007	9/2/2007	18/04/2008	Active	NO
45	U45203WB2007PTC113275	HAPPY MULTICON PRIVATE LIMITED	Director	12/2/2007	12/2/2007	-	Active	NO
46	U45203WB2007PTC113274	HAPPY COLONIZERS PRIVATE LIMITED	Director	12/2/2007	12/2/2007	-	Active	NO
47	U45203WB2007PTC113276	HAPPY KUTIR PRIVATE LIMITED	Director	12/2/2007	12/2/2007	2/7/2007	Active	NO
48	U45203WB2007PTC113326	HAPPY NIKETAN PRIVATE LIMITED	Director	12/2/2007	12/2/2007	2/7/2007	Active	NO
49	U72900WB2001PTC093140	HAPPY E SERVICES PRIVATE LIMITED	Director	21/02/2007	21/02/2007	-	Active	NO
50	U51900WB2006PTC108202	GOODLUCK HOUSING DEVELOPMENT PRIVATE LIMITED	Director	15/03/2007	15/03/2007	-	Active	NO
51	U51900WB2006PTC108205	MATRIBHUMI SUPPLIERS PVT LTD	Director	15/03/2007	15/03/2007	13/08/2010	Active	NO
52	U45400WB2007PTC114650	HAPPY CONCLAVE PRIVATE LIMITED	Director	26/03/2007	26/03/2007	12/3/2012	Active	NO
53	U45400WB2007PTC114699	HAPPY VILLA PRIVATE LIMITED	Director	27/03/2007	27/03/2007	-	Active	NO
54	U45400WB2007PTC114698	HAPPY REALTY PRIVATE LIMITED	Director	27/03/2007	27/03/2007	-	Active	NO
55	U45400WB2007PTC114697	HAPPY GHAR MAKER PRIVATE LIMITED	Director	27/03/2007	27/03/2007	-	Active	NO
56	U51109WB2007PTC114719	HAPPY CONSUMER GOODS PRIVATE LIMITED	Director	27/03/2007	27/03/2007	12/3/2012	Active	NO
57	U45400WB2007PTC114696	HAPPY DEVGRIHA PRIVATE LIMITED	Director	27/03/2007	27/03/2007	12/3/2012	Active	NO
58	U45400WB2007PTC114694	HAPPY INFRACON PRIVATE LIMITED	Director	27/03/2007	27/03/2007	15/03/2012	Active	NO
59	U72200WB2007PTC114703	HAPPY SOLUTIONS PRIVATE LIMITED	Director	27/03/2007	27/03/2007	15/03/2012	Active	NO
60	U51109WB2007PTC114721	HAPPY BARTER PRIVATE LIMITED	Director	27/03/2007	27/03/2007	12/3/2012	Active	NO
61	U51109WB2007PTC114837	HAPPY COMMODITIES PRIVATE LIMITED	Director	29/03/2007	29/03/2007	12/3/2012	Active	NO
62	U51109WB2007PTC115711	HAPPY RETAIL PRIVATE LIMITED	Director	11/5/2007	11/5/2007	-	Active	NO
63	U51109WB2007PTC115710	SVR RETAIL PRIVATE LIMITED	Director	11/5/2007	11/5/2007	-	Active	NO
64	U01403WB2007PTC117555	HAPPY AGROVET PRIVATE LIMITED	Director	1/8/2007	1/8/2007	-	Active	NO
65	U45206WB2007PTC121105	BENGAL HAPPY LAND & BUILDERS PRIVATE LIMITED	Director	18/12/2007	18/12/2007	-	Active	NO
66	U51909WB2004PTC099875	NLBD MARKETING PRIVATE LIMITED	Director	4/7/2008	4/7/2008	-	Active	NO
67	U45400WB2008PTC129982	HAPPY INFRATECH PRIVATE LIMITED	Director	15/10/2008	15/10/2008	-	Active	NO
68	U45400WB2008PTC129976	HAPPY CONNEER PRIVATE LIMITED	Director	15/10/2008	15/10/2008	-	Active	NO
69	U45400WB2008PTC129975	HAPPY EUREKA DEVELOPERS PRIVATE LIMITED	Director	15/10/2008	15/10/2008	-	Active	NO
70	U45207WB2008PTC129970	HAPPY REALCON PRIVATE LIMITED	Director	15/10/2008	15/10/2008	-	Active	NO
71	U45400WB2008PTC129963	HAPPY INFRA BUILDERS PRIVATE LIMITED	Director	15/10/2008	15/10/2008	-	Active	NO
72	U45209WB2009PTC134784	HAPPY HOUSE PRIVATE LIMITED	Director	28/04/2009	28/04/2009	-	Active	NO
73	U64202WB2010PTC147955	HAPPY WELLMAN TELESERVICES PRIVATE LIMITED	Director	14/05/2010	14/05/2010	-	Active	NO
74	U66000WB2011PTC157571	HAPPY INSURANCE TPA SERVICES PRIVATE LIMITED	Director	18/01/2011	18/01/2011	-	Active	NO
75	U72900WB2010PTC153302	BALAJI INFOWEB MANAGEMENT PRIVATE LIMITED	Director	3/6/2011	3/6/2011	-	Active	NO
76	U91990WB1946GAP013261	HINDUSTAN CLUB LTD	Director	28/06/2011	28/06/2011	24/12/2011	Active	NO
77	U64201WB2011PTC165890	HAPPY CELLULAR SERVICES PRIVATE LIMITED	Director	4/8/2011	4/8/2011	-	Active	NO
78	U92412WB2011PTC167986	HAPPY KHELJAGAT PRIVATE LIMITED	Director	22/09/2011	22/09/2011	-	Active	NO
79	U72900MH2010PLC203640	MY MOBILE PAYMENTS LIMITED	Director	30/09/2011	28/09/2011	-	Active	NO
80	U45400WB2011PTC168320	AMARLAXMI HOUSING PRIVATE LIMITED	Director	30/09/2011	30/09/2011	19/04/2012	Active	NO
81	U45400WB2011PTC168336	SWARANBHUMI INFRACON PRIVATE LIMITED	Director	1/10/2011	1/10/2011	19/04/2012	Active	NO
82	U45400WB2011PTC168337	TIMELY REALCON PRIVATE LIMITED	Director	1/10/2011	1/10/2011	-	Active	NO
83	U45400WB2011PTC168332	PINKROSE ENCLAVE PRIVATE LIMITED	Director	1/10/2011	1/10/2011	-	Active	NO
84	U45400WB2011PTC168330	MANGALDHAN PROPERTIES PRIVATE LIMITED	Director	1/10/2011	1/10/2011	-	Active	NO
85	U45400WB2011PTC168335	SURYAMUKHI BUILDERS PRIVATE LIMITED	Director	1/10/2011	1/10/2011	19/04/2012	Active	NO
86	U45400WB2011PTC168334	SHIVSUBH HOUSING PRIVATE LIMITED	Director	1/10/2011	1/10/2011	19/04/2012	Active	NO
87	U45400WB2011PTC168333	RADISON PROJECTS PRIVATE LIMITED	Director	1/10/2011	1/10/2011	19/04/2012	Active	NO
88	U45400WB2011PTC168331	PANCHMURTI PROPERTIES PRIVATE LIMITED	Director	1/10/2011	1/10/2011	19/04/2012	Active	NO
89	U45400WB2011PTC168329	HIGHLIFE REALCON PRIVATE LIMITED	Director	1/10/2011	1/10/2011	26/12/2011	Active	NO
90	U45400WB2011PTC168328	GOLDSMITH INFRABUILD PRIVATE LIMITED	Director	1/10/2011	1/10/2011	30/01/2012	Active	NO
91	U45400WB2011PTC168327	DHANLABH CONSTRUCTION PRIVATE LIMITED	Director	1/10/2011	1/10/2011	19/04/2012	Active	NO
92	U45400WB2011PTC168326	AMRITVANI HOUSING PRIVATE LIMITED	Director	1/10/2011	1/10/2011	19/04/2012	Active	NO
93	U45400WB2011PTC168356	DHANKALASH DEVELOPERS PRIVATE LIMITED	Director	3/10/2011	3/10/2011	-	Active	NO

KEY EXECUTIVES

Name :	CS Vaibhav Katdare
Designation :	Secretary
Qualification :	B.com, L.L.B. FCS

Name :	CS VMayura Niphadkar
Designation :	Secretary
Qualification :	M.com. L.L.B(Gen) ACS

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2011

Names of Equity Shareholders	No. of Shares
Jolly Mathur	235000
Shashank Joshi	457500
Ranjeet Oak	11000
Rajat Kumar Sharma	174000
T Natraj	100,000
Vaibhav Sinha	10
Aviroop Roy	10
Anuradha Sharma	10000
Capt. Ravi Subramaniam	100000
Asha Joshi	5,000
Pradeep Phadke	5,000
Sakshi Informatics	155,000
Sanjyot Joshi	27,500
Shailesh Narang	100,000
Shriram Moghe	5,000
Algar Vaz	2,000
Amiya Satpathy	1,000
Arpitkumar Dubey	2,000
Bharat Bajaj	1,000
Dr. Chandrashekhar Sabane	5,000
Faihzan Khan	1,000
Sanjay Malik	120,000
Sumit Dash	1,500
Total	1,518,520

As on 30.09.2011

Names of Preference Shareholders	No. of Shares
Dipesh Kabarawala	1,000
Dr.Charusheela Chandrashekhar Sabane	5,000
Farhad Shaikh	450
Firoz Damani	1,700
Manashi Paul	500
Manoj Kumar	500
Puneet Jhingan	10,000
Rajiv Kumar	10,000
Rashmin Barmeda	100,000
Santosh Karankal	100
Shrikumar Mall	2,500
Swapnali More	200
Tatwa Technologies Private Limited, India	5,000
Valencia Fernandes	500
	137,450

As on 30.03.2012

Name OF Allotees	No. of Shares
Aditya Kesari Sahay	5000
Happy Bengal Promoters limited, India	620000
Konchan Motiani	33000
Shajwani Estates Limited, India	4000
Vipul Vijay Bondal	8000
Rajiv Kumar	20000
Total	690000

As on 30.09.2011

Category	Percentage
Bodies corporate
Directors or relatives of directors	57.79
Other top fifty shareholders	42.21
Total	100.00

BUSINESS DETAILS

Line of Business :

The Company is in business of Mobile Payment Services offering prepaid ad electric payment instrument for purchasing goods and services

GENERAL INFORMATION

No. of Employees :	Not Available
Bankers :	· Axis Bank · HDFC Bank · ICICI Bank · IDBI Bank · Central Bank of India · State Bank of India
Facilities :	-

Banking Relations :	--
Auditors :
Name :	Weeling and Associates Chartered Accountant
Address :	H -166, Saraswat Colony, Sitaldevi Temple Road, Mahim, Mumbai- 400016, Maharashtra, India
Tel. No.:	91-22-2444419
Fax No.:	91-22-2444417
E-Mail :	swelling@vsnl.com
Pan No.:	AAFAPW9272K

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
6000000	Equity Shares	Rs.10/- each	Rs.60.000 Millions
500000	Preference Shares	Rs.10/- each	Rs.5.000 Millions
6500000	Total		Rs.65.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1518520	Equity Share	Rs.10/- each	Rs.15.185 Millions
137450	Preference Shares	Rs.10/- each	Rs.1.374 Millions
11655970	Total		Rs.16.559 Millions

As on 30.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
6000000	Equity Shares	Rs.10/- each	Rs.60.000 Millions
500000	Preference Shares	Rs.10/- each	Rs.5.000 Millions
6500000	Total		Rs.65.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
3676520	Equity Share	Rs.10/- each	Rs.36.765 Millions
137450	Preference Shares	Rs.10/- each	Rs.1.374 Millions
11655970	Total		Rs.38.139 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		02.06.2011 to 31.03.2011
SHAREHOLDERS FUNDS
1] Share Capital		16.559
2] Share Application Money		0.000
3] Reserves & Surplus		0.000
4] (Accumulated Losses)		(0.837)
NETWORTH		15.722
LOAN FUNDS
1] Secured Loans		0.000
2] Unsecured Loans		0.000
TOTAL BORROWING		0.000
DEFERRED TAX LIABILITIES		0.100
TOTAL		15.822
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		2.942
Capital work-in-progress		0.000
INTANGIBLE ASSET		4.070
INVESTMENT		0.000
DEFERREX TAX ASSETS		0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	2.996
	Sundry Debtors	4.660
	Cash & Bank Balances	4.351
	Other Current Assets	0.000
	Loans & Advances	2.256
Total Current Assets		14.263
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditor	2.224
	Other Current Liabilities	1.549
	Provisions	2.663
Total Current Liabilities		6.436
Net Current Assets		7.827
MISCELLANEOUS EXPENSES		0.983
TOTAL		15.822

PROFIT & LOSS ACCOUNT

	PARTICULARS		02.06.2011 to 31.03.2011
	SALES
		Income	178.325
		Other Income	10.765
		TOTAL	189.090
Less	EXPENSES
		Operational Expenses	175.951
		Personnel Expenses	7.882
		Administrative Expenses	5.890
		TOTAL	189.723
	PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION		(0.633)
Less/ Add	DEPRECIATION/ AMORTISATION		0.104
	PROFIT /(LOSS) BEFORE TAX		(0.737)
Less	TAX		0.100
	PROFIT /(LOSS) AFTER TAX		(0.837)

KEY RATIOS

PARTICULARS		02.06.2011 to 31.03.2011
PAT / Total Income	(%)	(0.44)
Net Profit Margin (PBT/Sales)	(%)	(0.41)
Return on Total Assets (PBT/Total Assets}	(%)	(4.28)
Return on Investment (ROI) (PBT/Networth)		(0.04)
Debt Equity Ratio (Total Liability/Networth)		0.41
Current Ratio (Current Asset/Current Liability)		2.21

LOCAL AGENCY FURTHER INFORMATION

Check List by Info Agents	Available in Report [Yes/No]
Year of Establishment	Yes
Locality of the Firm	Yes
Constitution of the firm	Yes
Premises details	No
Type of Business	Yes
Line of Business	Yes
Promoters background	Yes
No. of Employees	Yes
Name of Person Contacted	No
Designation of contact person	No
Turnover of firm for last one year	Yes
Profitability for last one year	Yes
Reasons for variation <> 20%	-
Estimation for coming financial year	No
Capital the business	Yes
Details of sister concerns	-
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	No
Banking Facility Details	No
Conduct of the banking account	-
Buyer visit details	-
Financials, if provided	Yes
Incorporation details, if applicable	Yes
Last accounts filed at ROC	Yes
Major Shareholders, if applicable	Yes

Comments:

The Company is in a business of Mobile Payment Services offering prepaid as eclectic payments instrument for purchasing goods and Services. It has posted income of 178.325 Millions

Since it is their first year of operation, its operational cost is nearly 98% of is total income. However, the company is optimistic in sowing better results in next financial year

FIXED ASSETS

· Computer

· Laptop

· Furniture and Fixtures

· Air Condition

· Mobile Phone

AS PER WEB SITE DETAILS

PROFILE

Subject is offer a Simple, Smart and Secure way to buy products from the current local retail shops. They know that the time is precious. They offer you a service that you can use with assurance to top-up the phone, buy the next meal or even conveniently pay the utility bills all from the palm of the hand. With Money-on-Mobile you can avail the self of this service from the local neighborhood retailer friend for payments.. Anytime, from Anywhere, and to Anyone!

Money-on-Mobile is India's largest mobile payment platform that places the second mobile revolution of the country into the hands. A unique and revolutionary concept from My Mobile Payments Limited (MMPL), Money-on-Mobile is aimed at bringing quick, simple and efficient mobile payments right down to the ordinary man on the street.

As the fastest growing market of its kind in the world, India's mobile phone industry is a hot bed of opportunities. Money-on-Mobile is an effort to harness this very power and growth of the country's mobile phone industry to introduce the concept of the m-Wallet (mobile wallet). Gone are the day of carrying wads of cash and a range of credit and debit cards. Money-on-Mobile puts all the power of the bank account and the money in it right into the mobile phone.

Their tie-ups with all leading financial and banking institutions in the country as well as with leading merchants and retailers allows Money-on-Mobile to offer you comprehensive services that you can use in real time without restrictions on geography, service, time, or mobile service provider.

The executive team at Money-on-Mobile leverages a diverse talented group. The team has significant Financial, Telecom, Operational, Marketing and Transactional Payments experience to offer the unique business of Mobile Payment Services. Each person on the team brings a unique mix of talents and skill sets from which the company builds its long term strategy

Shshank Joshi - 37, Managing Director

Shshank has over eighteen years of professional experience in the areas of IT and ITES, Outsourcing, Transition and Management consulting. He has been a pioneer in the successful execution of merchant Cash Advance and Merchant Processing businesses through the offshore route. Shshank has cross-border global experience of more than six years in "Simplifying Payments". His vision is that of "Simplifying Payments" while his Goal is to bring the convenience of Simplified Mobile Payments to every mobile subscriber in India. Shshank holds a degree in Mechanical Engineering from MIT.

Pradeep Phadke – 58, Executive Director and Chief Executive Officer

Pradeep is an Electrical Engineer from IIT, Bombay and brings with him rich and varied experience of over 35 years. He successfully led businesses and created brands for some of the leading Indian Consumer Durable and Electronic products makers such as Voltas, Hawkins, Videocon and BPL-Sanyo. He was the change agent at Global Telesystems (GTL) who ushered in the channel sales methodology in to the Office Automation and Consumer Telecom businesses. Subsequently, Pradeep transitioned himself in to an ace Services Industry professional by driving the ISP and BPO businesses at GTL BPO and Aptech and Dishnet DSL ISPs. He has also worked as an independent consultant with a leading global consultancy firm. In recent years he has been the CEO at IPTV Services provider, WICE Net Limited and Telecom Business CEO at Phadnis Telecom Limited. He nicely blends the consumer marketing skills of the old and new economy businesses so essential for the new vibrant market led by NexGen Indians

Ranjeet Oak - 38, Director Operations

During the last 15 years, Ranjeet has headed various divisions of IT education, ITES and BPO organizations. His assignments have included a broad spectrum of responsibilities including BPO Operations, Client Servicing, Business Development, Relationship Management and Soft Skill Training. Ranjeet's forte has been Business Process Re-engineering and Process Improvement. In his last assignment, he was an Associate director at WNS and was felicitated with the Best Performer award for year the 2007-08. Prior to WNS, Ranjeet worked with Public Limited companies such as GTL and Aptech.

Jolly Mathur - 48, Director

Jolly's focus for the last 25 years has been on identifying growth opportunities in new markets, devising winning strategies and implementing the same from the ground level up. He has been extensively involved across diverse business sectors. Jolly has opulent experience in the Value Added Services business in the Telecom sector, which makes him a key driver in the mobile payments vertical. Jolly is a Graduate in Science and Computer Programming from Bombay University.

Rajat Sharma - 39, Director

Rajat has over 18 years of experience in the fields of Telecom, IT, ITES and Networking. He started his career by assisting and handling Motorola Business Partners and launching the Motorola range of Wireless and Paging products in India. Being an execution focused leader in the fields of Telecom and Information Technology, Rajat has played key strategic roles in launching new businesses and has more than 5 successful new product launches to his credit. He also has an enviable track record in leading large projects, managing large teams, and setting up and growing business lines. Rajat is an Engineering Graduate with a Masters in Business Administration.

T. Natraj - 36, Director

Natraj is a practicing corporate Lawyer in the High Court of A.P. in Hyderabad and the Supreme Court of India in New Delhi. He is a well-known corporate lawyer, advising major corporates for the last ten years. Natraj's client list includes major independent Power Generating Companies such as Spectrum Power Generation Limited, LANCO, GVK, etc. He is associated with food majors like the Bambino Agro Industries Limited and I.T majors like Genpact India and Genpact Infrastructures Limited. He has the distinction of having worked with majority of the legal stalwarts in the country and currently heads Natraj and Associates in Hyderabad.

Bryan Efimov - 48, Advisory Board Member

Bryan is a 21-year veteran of the transaction processing industry in the US. He has served in many areas of the processing business which range from Sales and Marketing to all aspects of the back office. This includes Application Management Processing, Credit Underwriting, Risk Management, Customer Service, Equipment Management/Deployment, Communications, Issuing Card Management [Gift, Loyalty etc.] and IT services. He has held senior positions as EVP of Business and Systems as well as Director of Operations where he negotiated agreements for all aspects of operations. Additionally, Bryan has also managed teams of 35 people or more with squad type team administration for several mid range ISO’s and processing centers. His first Directorship included a sale to his first portfolio by a large processor for over $16MM, and a second that was sold for over $235MM. Bryan’s career includes positions such as SVP of Development, President and Chairman of the Board of Directors for all ISO Operations and Sales. This required him to set up all operational processes and procedures for merchant processing and branded/unbranded card issuing management programs.

Richard W. Noble J.D. - Advisory Board Member

Mr. Noble began his career in the electronic payment industry in 1998 with the founding of Bank Card Central. As the Chief Executive Officer, he has lead Bank Card Central as an innovator in providing unique payment and business intelligence solutions to merchants. Mr. Noble continues to lead Bank Card Central, and its affiliated companies, with a consistent development plan that includes the expansion of internet payment technology, value added service offerings and international merchant processing. Mr. Noble pioneered processing for Merchant Cash Advances in the United States and is working to bring this product to international merchants. Mr. Noble has extensive international experience. His companies have provided Merchant Services to international merchants as a Payment Service Provider through processing platforms in Bermuda, Spain, Germany and the Republic of Mauritius. Mr. Noble began his professional career in 1970. As a lawyer, he practiced employment law and trial advocacy for thirty years prior to founding Bank Card Central. Mr. Noble’s work has been recognized by Who’s Who in the World, Who’s Who in American Executives, and Who’s Who in American Law.

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.55.52
UK Pound	1	Rs.85.29
Euro	1	Rs.68.86

INFORMATION DETAILS

Report Prepared by :

BYI

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
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	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.