Business information report

1. Summary Information

		Country	India
Company Name	RICHA GLOBAL EXPORTS PRIVATE LIMITED	Principal Name 1	Mr. Vijay Kumar Uppal
Status	Satisfactory	Principal Name 2	Mr. Virender Uppal
		Registration #	55-137669
Street Address	A-41, Mayapuri Industrial Area, Phase I, New Delhi 110015
Established Date	16.06.2005	SIC Code	--
Telephone#	91-11-28117762	Business Style 1	Manufacturer
Fax #	91-11-28115594	Business Style 2	Exporter
Homepage	www.richagroup.com	Product Name 1	Readymade Garments
# of employees	Not Available	Product Name 2	--
Paid up capital	Rs. 200,000,000/-	Product Name 3	--
Shareholders	Directors or relatives of Directors – 100%	Banking	Syndicate Bank
Public Limited Corp.	No	Business Period	7 Years
IPO	No	International Ins.	-
Public Enterprise	No	Rating	Ba (41)
Related Company
Relation	Country	Company Name	CEO
Other Related Parties	India	Lark Leather	--
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2011		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	487,161,000	Current Liabilities	312,899,000
Inventories	553,763,000	Long-term Liabilities	1,045,461,000
Fixed Assets	224,516,000	Other Liabilities	38,886,000
Deferred Assets	6,600,000	Total Liabilities	1,397,246,000
Invest& other Assets	389,577,000	Retained Earnings	64,371,000
		Net Worth	264,371,000
Total Assets	1,661,617,000	Total Liab. & Equity	1,661,617,000
Total Assets (Previous Year)	1,404,992,000
P/L Statement as of	31.03.2011		(Unit: Indian Rs.)
Sales	2137,261,000	Net Profit	30,264,000
Sales(Previous yr) (Total Income)	2,032,033,000	Net Profit(Prev.yr)	28,271,000

MIRA INFORM REPORT

Report Date :

23.06.2012

IDENTIFICATION DETAILS

Name :	RICHA GLOBAL EXPORTS PRIVATE LIMITED
Registered Office :	A-41, Mayapuri Industrial Area, Phase I, New Delhi 110015
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	16.06.2005
Com. Reg. No.:	55-137669
Capital Investment / Paid-up Capital :	Rs. 200.000 Millions
CIN No.: [Company Identification No.]	U00265DL2005PTC137669
IEC No.:	0505033062
TAN No.: [Tax Deduction & Collection Account No.]	DELR05842E
PAN No.: [Permanent Account No.]	AADCR0255L
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer and Exporter of Garments
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (41)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 1057000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track. It is a part of a well reputed group in Northern India. Trade relations are reported as fair. Business is active. Payments are reported as usually correct and as per commitments. The company can be considered normal for business dealings at usual 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

LOCATIONS

Registered Office :	A-41, Mayapuri Industrial Area, Phase I, New Delhi 110015, India
Tel. No.:	91-11-28117762
Fax No.:	91-11-28115594
E-Mail :	parveen@richagroup.com rc@richagroup.com kapil@richagroup.com isha@richaglobal.com
Website :	www.richagroup.com
Location :	Owned
Factory 1 :	D-49, 50 and 73-74, Hosiery Complex, Phase II, Gautam Budh Nagar, Noida 201305
Tel. No.:	91-11-28117762 / 28117763 / 28117764
Fax No.:	91-11-28115594
Branch Office :	18/2, A, Amblipura Village, Sarjapur Road, Bangalore 560037, Karnataka, India
Tel. No.:	91-80-28441092 / 93 / 94
Fax No.:	91-80-28441095

DIRECTORS

AS ON 24.09.2011

Name :	Mr. Vijay Kumar Uppal
Designation :	Director
Address :	5/77, Punjabi Bagh, New Delhi, India
Date of Birth/Age :	16.01.1948
Date of Appointment :	16.06.2005
DIN No.:	00073325

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U24230DL1979PLC009548	LARK LABORATORIES (INDIA) LTD	Director	11-04-79	11-04-79	-	Active	NO
2	U74899DL1989PTC037999	LARK LEATHERS PRIVATE LIMITED	Director	12-10-89	12-10-89	-	Active	NO
3	U17219HR1995PTC032526	GAURAV GLOBAL Private Limited	Director	30-01-95	30-01-95	-	Active	NO
4	U74899DL1995PTC069101	VIJ VIR PROPERTIES PRIVATE LIMITED	Director	26-05-95	26-05-95	24-07-09	Active	NO
5	U74899DL1995PTC069117	VEE VEE PROPERTIES PRIVATE LIMITED	Director	29-05-95	29-05-95	-	Active	NO
6	U74899DL1995PTC071200	GAURAV GLOBAL FININVEST AND LEASING PRIVATE LIMITED	Director	27-07-95	27-07-95	-	Active	NO
7	U74899DL1980PTC010784	DELITE ELECTROPLATING COMPANY PVT LTD	Director	09-09-95	09-09-95	-	Active	NO
8	U17110AP1986PTC006899	PEACOCK TANNERS PRIVATE LIMITED	Director	30-07-97	30-07-97	-	Active	NO
9	U74899DL1976PTC008098	KARAN RAGHAV EXPORTS PRIVATE LIMITED	Director	02-02-98	02-02-98	-	Active	NO
10	U74899DL1980PTC010363	GANPATI PROPERTIES PRIVATE LIMITED	Director	30-12-98	30-12-98	-	Active	NO
11	U74899DL1996PTC075788	NIRVAN CLOTHING COMPANY PRIVATE LIMITED	Director	29-08-01	29-08-01	-	Active	NO
12	U74999DL2000PTC103354	MIKASA ENTERPRISES PRIVATE LIMITED	Director	04-07-03	04-07-03	-	Active	NO
13	U45201DL2005PTC135427	JASSUM CONSTRUCTION PRIVATE LIMITED	Director	20-07-05	29-04-05	-	Active	NO
14	U70101DL2005PTC135426	JASSUM REALTORS PRIVATE LIMITED	Director	29-04-05	29-04-05	-	Active	NO
15	U45201DL2005PTC135926	RICHA E- SOFT PRIVATE LIMITED	Director	06-05-05	06-05-05	10-09-09	Active	NO
16	U45201DL2005PTC137572	SATYA BUILDWELL PRIVATE LIMITED	Director	14-06-05	14-06-05	-	Active	NO
17	U00265DL2005PTC137669	RICHA GLOBAL EXPORTS PRIVATE LIMITED	Director	16-06-05	16-06-05	-	Active	NO
18	U51909DL2005PTC138333	RICHA INTERNATIONAL EXPORTS PRIVATE LIMITED	Director	05-07-05	05-07-05	-	Active	NO
19	U18101DL2005PTC139185	GAURAV INTERNATIONAL CLOTHING PRIVATE LIMITED	Director	29-07-05	29-07-05	-	Active	NO
20	U74999DL2004PTC130478	MOUNTVALLEY ESTATES PRIVATE LIMITED	Director	06-03-07	06-03-07	17-05-08	Active	NO
21	U92490DL2010PTC208623	INDIAN PLASTIC FOOTWEAR AND CLOTHING PRIVATE LIMITED	Director	22-09-10	22-09-10	-	Active	NO
22	U45400DL2007PTC165921	PANAMA PROPBUILD PRIVATE LIMITED	Director	27-08-11	30-03-11	-	Active	NO

Name :	Mr. Virender Uppal
Designation :	Director
Address :	5/77, Punjabi Bagh, New Delhi, India
Date of Birth/Age :	12.03.1950
Date of Appointment :	16.06.2005
DIN No.:	00073331

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U24230DL1979PLC009548	LARK LABORATORIES (INDIA) LTD	Director	11-04-79	11-04-79	-	Active	NO
2	U74899DL1978NPL008877	APPAREL EXPORT PROMOTION COUNCIL.	Director	16-09-88	16-09-88	-	Active	NO
3	U74899DL1989PTC037999	LARK LEATHERS PRIVATE LIMITED	Director	12-10-89	12-10-89	-	Active	NO
4	U51101TN1992PLC022813	TRIDENT TEXTILE MILLS LIMITED	Director	05-06-92	05-06-92	-	Active	NO
5	U17219HR1995PTC032526	GAURAV GLOBAL PRIVATE LIMITED	Director	30-01-95	30-01-95	-	Active	NO
6	U74899DL1995PTC069101	VIJ VIR PROPERTIES PRIVATE LIMITED	Director	26-05-95	26-05-95	14-08-09	Active	NO
7	U74899DL1995PTC069117	VEE VEE PROPERTIES PRIVATE LIMITED	Director	29-05-95	29-05-95	-	Active	NO
8	U74899DL1995PTC071200	GAURAV GLOBAL FININVEST AND LEASING PRIVATE LIMITED	Director	27-07-95	27-07-95	-	Active	NO
9	U74899DL1980PTC010784	DELITE ELECTROPLATING COMPANY PRIVATE LIMITED	Director	09-09-95	09-09-95	-	Active	NO
10	U17110AP1986PTC006899	PEACOCK TANNERS PRIVATE LIMITED	Director	30-07-97	30-07-97	-	Active	NO
11	U74899DL1976PTC008098	KARAN RAGHAV EXPORTS PRIVATE LIMITED	Director	02-02-98	02-02-98	-	Active	NO
12	U74899DL1980PTC010363	GANPATI PROPERTIES PRIVATE LIMITED	Director	30-12-98	30-12-98	-	Active	NO
13	U74899DL1996PTC075788	NIRVAN CLOTHING COMPANY PRIVATE LIMITED	Director	29-08-01	29-08-01	-	Active	NO
14	U74999DL2000PTC103354	MIKASA ENTERPRISES PRIVATE LIMITED	Director	04-07-03	04-07-03	-	Active	NO
15	U45201DL2005PTC135427	JASSUM CONSTRUCTION PRIVATE LIMITED	Director	20-07-05	29-04-05	-	Active	NO
16	U70101DL2005PTC135426	JASSUM REALTORS PRIVATE LIMITED	Director	29-04-05	29-04-05	-	Active	NO
17	U45201DL2005PTC135926	RICHA E- SOFT PRIVATE LIMITED	Director	06-05-05	06-05-05	10-09-09	Active	NO
18	U45201DL2005PTC137514	GAURAV BUILDTECH PRIVATE LIMITED	Director	13-06-05	13-06-05	-	Active	NO
19	U00265DL2005PTC137669	RICHA GLOBAL EXPORTS PRIVATE LIMITED	Director	16-06-05	16-06-05	-	Active	NO
20	U51909DL2005PTC138333	RICHA INTERNATIONAL EXPORTS PRIVATE LIMITED	Director	05-07-05	05-07-05	-	Active	NO
21	U18101DL2005PTC139185	GAURAV INTERNATIONAL CLOTHING PRIVATE LIMITED	Director	29-07-05	29-07-05	-	Active	NO
22	U74899DL1993PTC054125	MIRAZ OVERSEAS PRIVATE LIMITED	Additional director	03-10-05	03-10-05	07-03-07	Active	NO
23	U74899DL1989PTC035124	DUGMAN ENGINEERS PRIVATE LIMITED	Additional director	03-10-05	03-10-05	07-03-07	Active	NO
24	U74899DL1991PTC043785	YORK'S HOTELS PRIVATE LIMITED	Additional director	03-10-05	03-10-05	07-03-07	Active	NO
25	U00500DL2005PTC135356	GALAXY COLONISERS PRIVATE LIMITED	Director	03-10-05	03-10-05	07-03-07	Active	NO
26	U45201DL2005PTC137572	SATYA BUILDWELL PRIVATE LIMITED	Director	23-11-05	23-11-05	-	Active	NO
27	U45201DL2005PTC138207	BLUE AND GREEN ESTATES PRIVATE LIMITED	Director	12-12-05	12-12-05	-	Active	NO
28	U45201DL2005PTC132520	JASSUM INFRASTRUCTURE PRIVATE LIMITED	Director	22-12-05	22-12-05	20-03-07	Active	NO
29	U74999DL2004PTC130478	MOUNTVALLEY ESTATES PRIVATE LIMITED	Director	05-06-06	05-06-06	17-05-08	Active	NO
30	U45400DL2007PTC165921	PANAMA PROPBUILD PRIVATE LIMITED	Director	29-09-08	01-02-08	-	Active	NO
31	U74996DL2006PTC150065	G STAR ENTERPRISES PRIVATE LIMITED	Director	15-07-08	15-07-08	-	Active	NO
32	U55101DL2006PTC154089	INDRAPRASTHA MOTELS PRIVATE LIMITED	Director	28-09-09	25-04-09	-	Active	NO
33	U55101DL2006PTC154253	WEST DELHI MOTELS PRIVATE LIMITED	Director	22-09-09	25-04-09	-	Active	NO
34	U92490DL2010PTC208623	INDIAN PLASTIC FOOTWEAR AND CLOTHING PRIVATE LIMITED	Director	22-09-10	22-09-10	-	Active	NO

Name :	Mr. Gaurav Uppal
Designation :	Director
Address :	5/77, Punjabi Bagh, New Delhi, India
Date of Birth/Age :	01.06.1979
Date of Appointment :	16.06.2005
DIN No.:	00039371

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U74899DL1996PTC075788	NIRVAN CLOTHING COMPANY Private Limited	Director	01-03-05	01-03-05	Active	NO
2	U00265DL2005PTC137669	RICHA GLOBAL EXPORTS PRIVATE LIMITED	Director	16-06-05	16-06-05	Active	NO
3	U74996DL2006PTC150065	G STAR ENTERPRISES PRIVATE LIMITED	Director	24-06-06	24-06-06	Active	NO
4	U74999DL2010PTC209721	KRAFTS GIFTS PRIVATE LIMITED	Director	22-10-10	22-10-10	Active	NO
5	U18101DL2005PTC139185	GAURAV INTERNATIONAL CLOTHING PRIVATE LIMITED	Director	24-09-11	07-04-11	Active	NO

Name :	Mr. Viney Kumar Uppal
Designation :	Director
Address :	1, Ashoka Avenue, Wested Greens, Rajokri-110038, New Delhi, India
Date of Birth/Age :	10.04.1953
Date of Appointment :	16.06.2005
DIN No.:	00073338

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U74899DL1983PTC015530	LARK COSMED PRIVATE LIMITED	Director	11-04-83	11-04-83	-	Active	NO
2	U74899DL1989PTC037999	LARK LEATHERS PRIVATE LIMITED	Director	29-09-90	29-09-90	-	Active	NO
3	U17219HR1995PTC032526	GAURAV GLOBAL PRIVATE LIMITED	Director	30-01-95	30-01-95	-	Active	NO
4	U74899DL1995PTC069117	VEE VEE PROPERTIES PRIVATE LIMITED	Director	29-05-95	29-05-95	-	Active	NO
5	U74899DL1995PTC071200	GAURAV GLOBAL FININVEST AND LEASING PRIVATE LIMITED	Director	27-07-95	27-07-95	-	Active	NO
6	U74899DL1980PTC010784	DELITE ELECTROPLATING COMPANY PRIVATE LIMITED	Director	09-09-95	09-09-95	-	Active	NO
7	U74899DL1976PTC008098	KARAN RAGHAV EXPORTS PRIVATE LIMITED	Director	16-02-00	16-02-00	-	Active	NO
8	U74899DL1996PTC075788	NIRVAN CLOTHING COMPANY PRIVATE LIMITED	Director	29-08-01	29-08-01	-	Active	NO
9	U74999DL2000PTC103354	MIKASA ENTERPRISES PRIVATE LIMITED	Director	04-07-03	04-07-03	-	Active	NO
10	U45201DL2005PTC135926	RICHA E- SOFT PRIVATE LIMITED	Director	06-05-05	06-05-05	10-09-09	Active	NO
11	U45201DL2005PTC137514	GAURAV BUILDTECH PRIVATE LIMITED	Director	13-06-05	13-06-05	-	Active	NO
12	U45201DL2005PTC137572	SATYA BUILDWELL PRIVATE LIMITED	Director	14-06-05	14-06-05	-	Active	NO
13	U00265DL2005PTC137669	RICHA GLOBAL EXPORTS PRIVATE LIMITED	Director	16-06-05	16-06-05	-	Active	NO
14	U51909DL2005PTC138333	RICHA INTERNATIONAL EXPORTS PRIVATE LIMITED	Director	05-07-05	05-07-05	-	Active	NO
15	U18101DL2005PTC139185	GAURAV INTERNATIONAL CLOTHING PRIVATE LIMITED	Director	29-07-05	29-07-05	-	Active	NO
16	U74999DL2004PTC130478	MOUNTVALLEY ESTATES PRIVATE LIMITED	Director	06-03-07	06-03-07	17-05-08	Active	NO
17	U45400DL2007PTC165921	PANAMA PROPBUILD PRIVATE LIMITED	Director	12-03-09	12-03-09	-	Active	NO
18	U92490DL2010PTC208623	INDIAN PLASTIC FOOTWEAR AND CLOTHING PRIVATE LIMITED	Director	22-09-10	22-09-10	-	Active	NO

KEY EXECUTIVES

Name :	Ms. Isha Duggal
Designation :	Secretary
Address :	A-1/67, paschim Vihar, New Delhi, India
Date of Birth/Age :	19.11.1986
Date of Appointment :	25.07.2009
Pan No.:	AQVPD7431P

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 24.09.2011

Names of Shareholders	No. of Shares
Vijay Uppal	2000000
Vijay Uppal	2000000
Virender Uppal	2000000
Gaurav Uppal	5000000
Raghav Uppal	3000000
Saurabh Uppal	3000000
Karan Uppal	3000000
TOTAL	20000000

AS ON 24.09.2011

Equity Shares Break Up	Percentage
Directors or relatives of Directors	100.00
TOTAL	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer and Exporter of Garments

PRODUCTION STATUS (AS ON 31.03.2010)

Particulars	Unit	Installed Capacity	Actual Production
Readymade Garments	Pcs.	75 Lacs	7000907

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

Syndicate Bank, Kirti Nagar, New Delhi-110015, India

Facilities :

Secured Loan	Rs. In Millions 31.03.2011	Rs. In Millions 31.03.2010
Rupee term loans secured
Rupee term loans banks secured	198.459	136.547
Working capital loans secured
Working capital loans banks secured	629.674	480.430
Working capital loans financial institutions secured	45.310	0.000
Loans taken for fixed assets secured
Loans taken for vehicles secured	13.203	1.196
Total	886.646	618.173
Unsecured Loan	Rs. In Millions 31.03.2011	Rs. In Millions 31.03.2010
Loans directors unsecured	141.535	193.810
Deposits related parties unsecured	17.280	13.921
Total	158.815	207.731

Banking Relations :	--
Auditors :
Name :	V Sankar Aiyar and Company Chartered Accountant
Address :	Flat No.202, 203 and 301, Satyam Cinema Complex, Ranjit Nagar, Community Centre, New Delhi-110008, India
Tel. No.:	91-11-25702074 / 25702691 / 25704639
Fax No.:	91-11-25705233
E-Mail :	newdelhi@vsa.co.in
Pan No.:	AAAFV0781D
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their Relatives :	· Gaurav International, Magol Puri · Lark Leather · Richa and Company · ABC Leathers · Gaurav International, Gurgaon Nirvan Clothing Company Private Limited CIN No.:- U74899DL1996PTC075788 Ganpati Properties Private Limited CIN No.:- U74899DL1980PTC010363 Mikasa Enterprises Private Limited CIN No.:- U74999DL2000PTC103354 Richa International Exports Private Limited CIN No.:- U51909DL2005PTC138333 Delite Electroplating Company Private Limited CIN No.:- U74899DL1980PTC010784

CAPITAL STRUCTURE

AS ON 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
20000000	Equity Shares	Rs.10/- each	Rs. 200.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
20000000	Equity Shares	Rs.10/- each	Rs. 200.000 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010	31.03.2009
SHAREHOLDERS FUNDS
1] Share Capital		200.000	200.000	200.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		64.371	34.106	5.835
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		264.371	234.106	205.835
LOAN FUNDS
1] Secured Loans		886.646	618.173	437.152
2] Unsecured Loans		158.815	207.731	250.993
TOTAL BORROWING		1045.461	825.904	688.145
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		1309.832	1060.010	893.980
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		224.516	219.081	235.027
Capital work-in-progress		319.577	276.919	176.141
INVESTMENT		70.000	0.000	0.000
DEFERREX TAX ASSETS		6.600	6.700	6.300
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	553.763	393.561	252.787
	Sundry Debtors	236.844	358.390	245.606
	Cash & Bank Balances	23.986	20.224	18.374
	Other Current Assets	76.537	55.968	42.731
	Loans & Advances	149.794	74.149	69.114
Total Current Assets		1040.924	902.292	628.612
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	218.529	254.431	95.511
	Other Current Liabilities	94.370	55.574	39.034
	Provisions	38.886	34.977	17.555
Total Current Liabilities		351.785	344.982	152.100
Net Current Assets		689.139	557.310	476.512
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		1309.832	1060.010	893.980

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	2137.261	2032.033	1640.687
		Other Income	NA
		TOTAL	NA	2032.033	1640.687
Less	EXPENSES
		Office Expenses	2285.619	1988.052	1583.107
		Administrative Expenses
		Advertising Expenses
		TOTAL	2285.619	1988.052	1583.107
	PROFIT BEFORE TAX		46.094	43.981	57.580
Less	TAX		15.830	15.710	22.402
	PROFIT AFTER TAX		30.264	28.271	35.178
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		NA	5.835	(29.343)
	BALANCE CARRIED TO THE B/S		NA	34.106	5.835
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	NA	1757.826	1503.814
	TOTAL EARNINGS		NA	1757.826	1503.814
	IMPORTS
		Raw Materials	NA	2.417	5.001
		Stores & Spares	NA	69.126	48.235
		Capital Goods	NA	4.311	1.341
	TOTAL IMPORTS		NA	75.854	54.577
	Earnings Per Share (Rs.)		1.51	1.41	3.87

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	NA	1.39	2.14
Net Profit Margin (PBT/Sales)	(%)	2.16	NA	NA
Return on Total Assets (PBT/Total Assets}	(%)	3.62	3.90	6.62
Return on Investment (ROI) (PBT/Networth)		0.17	0.19	0.28
Debt Equity Ratio (Total Liability/Networth)		5.29	5.00	4.08
Current Ratio (Current Asset/Current Liability)		2.96	2.62	4.13

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. Constructions 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	No
9. Name of person contacted	No
10. Designation of contact person	No
11. Turnover of firm for last three years	Yes
12. Profitability for last three years	Yes
13. Reasons for variation <> 20%	------
14. Estimation for coming financial year	Yes
15. Capital in the business	Yes
16. Details of sister concerns	Yes
17. Major suppliers	No
18. Major customers	No
19. Payments terms	No
20. Export / Import details	Yes
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

FORM 8

Corporate identity number of the company	U00265DL2005PTC137669
Name of the company	RICHA GLOBAL EXPORTS PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	A-41, Mayapuri Industrial Area, Phase I, New Delhi 110015, India
This form is for	Modification of charge
Charge identification number of the charge to be modified	10155693
Type of charge	· Immovable property · Book debts · Movable property (not being pledge) · Floating charge
Particular of charge holder	Syndicate Bank, Kirti Nagar, New Delhi-110015, India
Nature of instrument creating charge	Composite Hypothecation of Agreement dated 08.08.2011, Charge and Hypothecation of Book-debts Agreement dated 08.08.2011, Omnibus Counter Guarantee dated 08.08.2011 and Letter of confirmation of the creation of second/subsequent mortgage dated 08.08.2011
Date of instrument Creating the charge	08.08.2011
Amount secured by the charge	Rs. 680.000 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Extent and operation of the charge 100% Other To secure all amounts payable under various credit facilities aggregating to Rs. 680.000 Millions granted to/enjoyed by the Company and together with all interests, costs, charges, ex-penses, commission etc.
Short particulars of the property charged (Including location of the property)	Hypothecation of the following:- a) Stocks of raw-materials, work in process, semi-finished goods, store, spares and finished goods etc. stored/to be stored at the borrowers various premises or at an b) All the book-debts, outstanding, moneys receivables, claims, bills, contracts, securities, investments, goodwill, rights and assets etc. All existing and proposed plant and machinery of the company more particularly as described as per list attached to Part-B, Schedule-III of Composite Hypothecation Agreement stored/installed at the borrowers premises at:- c) A-41, Mayapuri Industrial Area, Phase-I, New Delhi. d) 2/27 and 1/68, W.H.S. Kirti Nagar, New Delhi. e) 36 and 37, Furniture Block, Kirti Nagar, New Delhi. f) D-49-50, Hosiery Complex, Noida (UP). g) 232, Udyog Vihar, Phase-I, Gurgaon, Haryana. h) 182/A, Bellasdur Gate, Sarjapur Road, Bangalore or wherever else the same may be.
Date of instrument modifying the charge	04.03.2010
Particulars of the present modification	The charge on stock of all goods, book-debts and plant and machinery and other fixed assets of the Company - both present and future stands enhanced from Rs.615.000 Millions to Rs.680.000 Millions to secure all amounts payable under various credit facilities aggregating to Rs.680.000 Millions granted to/enjoyed by the Company

FIXED ASSETS

· Land

· Building

· Plant and Machinery

· Office Equipments

· Electrical Fittings and Installations

· Furniture and Fixture

· Data Processing Equipments

· Vehicles

· Computer Software

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. 56.99
UK Pound	1	Rs. 88.97
Euro	1	Rs. 71.57

INFORMATION DETAILS

Information Gathered by :	--
Report Prepared by :	DPT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILIRY	1~10	4
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	4
--RESERVES	1~10	5
--CREDIT LINES	1~10	4
--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	YES
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		41

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.