MIRA INFORM REPORT

Report Date :

25.06.2012

IDENTIFICATION DETAILS

Name :	ARIHANT TECHNO PACK PRIVATE LIMITED
Registered Office :	481/7, Rampura, Delhi - 110035
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	09.03.2009
Com. Reg. No.:	55-188317
Capital Investment / Paid-up Capital :	Rs.5.000 Millions
CIN No.: [Company Identification No.]	U74900DL2009PTC188317
TAN No.: [Tax Deduction & Collection Account No.]	DELA24593C
PAN No.: [Permanent Account No.]	AAHCA5971E
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturing of Engineering and Forging Goods.
No. of Employees :	Not Available

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 18000
Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is an established 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 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

INFORMATION DENIED BY

Name :	Mr. Ankit Jain
Designation :	Director
Contact No.:	91-9215030340
Date :	07.06.2012

LOCATIONS

Registered Office :	481/7, Rampura, Delhi – 110035, India
Tel. No.:	Not Available
Mobile No.:	91-9215030340/9811744249 (Mr. Ankit Jain)
Fax No.:	Not Available
E-Mail :	arihanttechnopack@gmail.com
Corporate Office :	1/6 Rani Jhasi Raod, New Delhi – 110055, India
Factory :	1220 HSIIDC Industrial Estate Rai, Sonipat, Haryana, India

DIRECTORS

As on 23.09.2011

Name :

Mrs. Lata Jain

Designation :

Director

Address :

22-A, Rajpur Road, Unit 4 Civil Lines, New Delhi – 110054, India

Date of Birth/Age :

31.05.1965

Date of Appointment :

28.05.2009

DIN No.:

00088948

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	U67120UP1995PTC018457	MUDIT FINANCE PRIVATE LIMITED	Director	26/07/1995	26/07/1995	-	Amalgamated	NO
2	U51909DL2004PTC126579	DJ TRADELINK PRIVATE LIMITED	Director	25/05/2004	25/05/2004	-	Active	NO
3	U72900DL2005PTC141731	D J INFO-TECH PRIVATE LIMITED	Director	14/10/2005	14/10/2005	-	Amalgamated	NO
4	U70109DL2006PTC150541	D.J. BUILDERS PRIVATE LIMITED	Director	4/07/2006	4/07/2006	-	Active	NO
5	U70109DL2006PTC150540	D.J. BUILDCON PRIVATE LIMITED	Director	4/07/2006	4/07/2006	-	Active	NO
6	U18101PB1999PTC022636	MEDHA FASHIONS PRIVATE LIMITED	Director	27/09/2007	20/12/2006	28/01/2009	Active	NO
7	U72200UP2007PTC033625	SHRI NATHJI INFO SYSTEMS PRIVATE LIMITED	Managing director	23/07/2007	20/07/2007	29/09/2009	Active	NO
8	U74120DL2007PTC167908	D J GROUP HOLDING PRIVATE LIMITED	Director	10/09/2007	10/09/2007	-	Amalgamated	NO
9	U92100MH2000PLC128141	PUJA ENTERTAINMENT (INDIA) LIMITED	Director	30/09/2008	8/03/2008	22/02/2010	Active	NO
10	U55101MH1987PLC044315	RUMEET HOTELS LIMITED	Director	20/08/2008	20/08/2008	9/09/2009	Active	NO
11	U74899DL1988PTC033063	PENGUIN FARMS PRIVATE LIMITED	Director	25/09/2009	17/12/2008	-	Active	NO
12	U74900DL2009PTC188317	ARIHANT TECHNO PACK PRIVATE LIMITED	Director	30/09/2009	28/05/2009	-	Active	NO
13	U45201DL2004PTC131674	FANTASTIC BUILDCON PRIVATE LIMITED	Director	25/09/2009	29/06/2009	-	Active	NO
14	U45400HR2007PTC037106	SIKKIM HOSPITALITY PRIVATE LIMITED	Director	30/09/2010	19/09/2009	-	Active	NO
15	U93000DL1996PTC080094	D J GROUP HOLDING PRIVATE LIMITED	Director	25/10/2009	25/10/2009	-	Active	NO
16	U45201RJ2006PTC022091	BLUEHILL ESTATE PRIVATE LIMITED	Director	22/09/2011	27/07/2011	-	Active	NO
17	U55101DL2012PTC233060	DE DIET CHEF INDIA PRIVATE LIMITED	Director	16/03/2012	16/03/2012	-	Active	NO

Name :

Mr. Mayank Jain

Designation :

Director

Address :

B-32, West End Colony, New Delhi – 110021, India

Date of Birth/Age :

30.08.1989

Date of Appointment :

28.05.2009

DIN No.:

01961527

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	U92100MH2000PLC128141	PUJA ENTERTAINMENT (INDIA) LIMITED	Director	30/09/2008	8/03/2008	22/02/2010	Active	NO
2	U55101MH1987PLC044315	RUMEET HOTELS LIMITED	Director	20/08/2008	20/08/2008	9/09/2009	Active	NO
3	U74900DL2009PTC188317	ARIHANT TECHNO PACK PRIVATE LIMITED	Director	30/09/2009	28/05/2009	-	Active	NO
4	U93000DL2011PTC225250	WELLNESS DIABETACARE PRIVATE LIMITED	Director	20/09/2011	20/09/2011	-	Active	NO
5	U55101DL2012PTC233060	DE DIET CHEF INDIA PRIVATE LIMITED	Director	16/03/2012	16/03/2012	-	Active	NO
6	U55100DL2012PTC234473	DJEF LEISURE AND HOSPITALITY PRIVATE LIMITED	Director	18/04/2012	18/04/2012	-	Active	NO

Name :

Mr. Ankit Jain

Designation :

Director

Address :

7B Prem Shanti Kunj, 2Club Road, Civil Lines, Delhi – 1100054, India

Date of Birth/Age :

26.06.1980

Date of Appointment :

09.03.2009

DIN No.:

02499554

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	U74900DL2009PTC188317	ARIHANT TECHNO PACK PRIVATE LIMITED	Director	9/03/2009	9/03/2009	-	Active	NO
2	U55101KA2011PTC060631	VEG CONCEPTS HOSPITALITY PRIVATE LIMITED	Director	29/09/2011	29/09/2011	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 23.09.2011

Names of Shareholders	No. of Shares
Ankit Jain	75000
Neeru Jain	75000
Dinesh Jain	350000
Total	500000

Equity Share Break up (Percentage of Total Equity)

As on 23.09.2011

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturing of Engineering and Forging Goods.

PRODUCTION STATUS (31.03.2011)

Particulars	Unit	Actual Production
Packaging Films	Kg	1781307
Pouches	Nos	169544
Others	Kg	76548

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

Not Available

Facilities :

(Rs. in Millions)

Unsecured Loan	As on 31.03.2011	As on 31.03.2010
From Director and Relative of Director	0.000	24.500
Interoperate Deposit	67.310	27.117
Total	67.310	51.617

Banking Relations :	--
Auditors :
Name :	Shelindra Mohan and Company Chartered Accountant
Address :	102, Rishab Ipex Mall, I.P. Extn. Patparganj, Delhi – 110092, India
Tel. No.:	91-11-45135707
Mobile No.:	91-9810653338
E-Mail :	easysm@consultant.com
PAN.:	AAFPM6420P
Relate Party :	Ashok and Company – Pan Bahar Limited Ashok Fragrences Private Limited

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
500000	Equity Shares	Rs.10/- each	Rs.5.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
500000	Equity Shares	Rs.10/- each	Rs.5.000 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		5.000	5.000	0.100
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		0.000	0.000	0.000
4] (Accumulated Losses)		(0.291)	(3.411)	0.000
NETWORTH		4.709	1.589	0.100
LOAN FUNDS
1] Secured Loans		0.000	0.0000	0.000
2] Unsecured Loans		67.310	51.617	0.000
TOTAL BORROWING		67.310	51.617	0.000
DEFERRED TAX LIABILITIES		1.583	1.822	0.000
TOTAL		73.602	55.028	0.100
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		50.521	48.896	0.000
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.000	0.000	0.000
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	17.363	13.127	0.000
	Sundry Debtors	13.418	9.147	0.000
	Cash & Bank Balances	17.498	4.259	0.067
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	7.759	4.622	0.000
Total Current Assets		56.038	31.155	0.067
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	27.775	24.507	0.000
	Other Current Liabilities	5.044	0.516	0.001
	Provisions	0.138	0.000	0.000
Total Current Liabilities		32.957	25.023	0.001
Net Current Assets		23.081	6.132	0.066
MISCELLANEOUS EXPENSES		0.000	0.000	0.034
TOTAL		73.602	55.028	0.100

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income
		Other Income
		TOTAL (A)	327.251	11.772	NA
Less	EXPENSES
		Office Expenses
		Administrative Expenses
		Advertising Expenses
		TOTAL (B)	316.428	12.515	NA
Less	PROFIT/LOSS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		10.823	(0.743)	NA
Less	FINANCIAL EXPENSES (D)		1.189	0.076	NA
	PROFIT/LOSS BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		9.634	0.819	NA
Less/ Add	DEPRECIATION/ AMORTISATION (F)		6.273	0.769	NA
	PROFIT/(LOSS) BEFORE TAX (E-F) (G)		3.361	(1.588)	NA
Less	TAX (I)		0.241	1.823	NA
	PROFIT/(LOSS) AFTER TAX (G-I) (J)		3.120	(3.411)	NA
	Earnings Per Share (Rs.)		6.24	(6.82)	NA

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	0.95	(28.98)	NA
Return on Total Assets (PBT/Total Assets}	(%)	6.00	5.10	NA
Return on Investment (ROI) (PBT/Networth)		0.71	1.00	NA
Debt Equity Ratio (Total Liability/Networth)		21.29	48.23	NA
Current Ratio (Current Asset/Current Liability)		1.70	1.25	NA

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	No
9) Name of person contacted	Yes
10) Designation of contact person	Yes
11) Turnover of firm for last three 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	Yes
17) Major suppliers	No
18) Major customers	No
19) Payments terms	No
20) Export / Import details (if applicable)	No
21) Market information	--
22) Litigations that the firm / promoter	--
23) Banking Details	No
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

PERFORMANCE HIGHLIGHTS

During the year The Company has incurred a net profit after Tax of Rs.3.120 Millions (previous year loss of Rs.3.411 Millions) and the same has been transferred to Balance Sheet.

Note: Registered office of the company has been shifted from 1/6, Rani Jhansi Road, New Delhi – 110055, India to the present address w.e.f.01.11.2011

Fixed Assets

· Leasehold Land

· Building

· Plant and Machinery

· Tools and Ties

· Vehicle

· Furniture and Fitting

· Computers

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 :	SVA
Report Prepared by :	KVT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
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	2
--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.