MIRA INFORM REPORT

Report Date :

02.05.2012

IDENTIFICATION DETAILS

Name :	D J GROUP HOLDING PRIVATE LIMITED (w.e.f. 04.01.2010)
Formerly Known As :	ADHUNIK FINANCIAL CONSULTANTS PRIVATE LIMITED
Registered Office :	201, Surya Kiran Building 19, K.G Marg, New Delhi - 110001
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	03.07.1996
Com. Reg. No.:	55-080094
Capital Investment / Paid-up Capital :	Rs.47.779 Millions
CIN No.: [Company Identification No.]	U93000DL1996PTC080094
TAN No.: [Tax Deduction & Collection Account No.]	DELA06382F DELD10063E
PAN No.: [Permanent Account No.]	AAACA8119R
Legal Form :	Private Limited Liability Company
Line of Business :	Non Banking Financial Company
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

B (29)

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

Maximum Credit Limit :	USD 1200000
Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is an established company having moderate track. There appears some dip in the turnover and profitability of 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 with some caution.

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 :	201, Surya Kiran Building 19, K.G Marg, New Delhi - 110001, India
Tel. No.:	91-11-41099617
Fax No.:	Not Available
E-Mail :	arunmishra@djgroup.in

DIRECTORS

As on 24.09.2011

Name :	Mr. Dinesh Jain
Designation :	Director
Address :	10, Palam Marg, Vasant Vihar, New Delhi – 110057, India
Date of Birth/Age :	13.09.1963
Date of Appointment :	25.10.2009
DIN No.:	00088915

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	U67120UP1995PTC018457	MUDIT FINANCE PRIVATE LIMITED	Director	26-07-95	26-07-95	-	Amalgamated	NO
2	U16004UP1995PTC017800	R. P. SALES PRIVATE LIMITED	Director	12-04-03	12-04-03	-	Active	NO
3	U51909DL2004PTC126579	DJ TRADELINK PRIVATE LIMITED	Director	25-05-04	25-05-04	-	Active	NO
4	U74899DL1987PTC028855	PARADISE SYSTEMS PRIVATE LIMITED	Director	21-03-05	21-03-05	08-03-07	Active	NO
5	U74899DL1988PTC033063	PENGUIN FARMS PRIVATE LIMITED	Director	18-08-05	18-08-05	-	Active	NO
6	U45201DL2005PTC141730	D J INFRASTRUCTURE DEVELOPERS PRIVATE LIMITED	Director	14-10-05	14-10-05	-	Active	NO
7	U72900DL2005PTC141731	D J INFO-TECH PRIVATE LIMITED	Director	14-10-05	14-10-05	-	Amalgamated	NO
8	U45201RJ2006PTC022091	BLUEHILL ESTATE PRIVATE LIMITED	Director	30-06-06	30-06-06	-	Active	NO
9	U70109DL2006PTC150541	D.J. BUILDERS PRIVATE LIMITED	Director	04-07-06	04-07-06	-	Active	NO
10	U70109DL2006PTC150540	D.J. BUILDCON PRIVATE LIMITED	Director	04-07-06	04-07-06	-	Active	NO
11	U70109DL2006PTC155505	SRI D.J. BUILDWEL PRIVATE LIMITED	Director	15-11-06	15-11-06	24-02-09	Active	NO
12	U18101PB1999PTC022636	MEDHA FASHIONS PRIVATE LIMITED	Director	27-09-07	20-12-06	28-01-09	Active	NO
13	U55101DL1986PTC026182	GOPAL HOLIDAYS PRIVATE LIMITED	Director	25-09-07	19-01-07	05-01-09	Active	NO
14	U72200UP2006PTC031209	SKA IT SERVICES PRIVATE LIMITED	Managing director	23-07-07	20-07-07	10-05-10	Active	NO
15	U74120DL2007PTC167908	D J GROUP HOLDING PRIVATE LIMITED	Director	10-09-07	10-09-07	-	Amalgamated	NO
16	U45201DL2004PTC131674	FANTASTIC BUILDCON PRIVATE LIMITED	Director	01-11-07	01-11-07	-	Active	NO
17	U92100MH2000PLC128141	PUJA ENTERTAINMENT (INDIA) LIMITED	Director	30-09-08	08-03-08	22-02-10	Active	NO
18	U55101MH1987PLC044315	RUMEET HOTELS LIMITED	Director	20-08-08	20-08-08	09-09-09	Active	NO
19	U45400HR2007PTC037106	SIKKIM HOSPITALITY PRIVATE LIMITED	Director	30-09-10	19-09-09	-	Active	NO
20	U93000DL1996PTC080094	D J GROUP HOLDING PRIVATE LIMITED	Director	25-10-09	25-10-09	-	Active	NO
21	U93000DL2011PTC225250	WELLNESS DIABETACARE PRIVATE LIMITED	Director	20-09-11	20-09-11	-	Active	NO
22	U55100DL2012PTC234473	DJEF LEISURE AND HOSPITALITY PRIVATE LIMITED	Director	18-04-12	18-04-12	-	Active	NO

Name :	Ms. Lata Jain
Designation :	Director
Address :	10, Palam Marg, Vasant Vihar, New Delhi – 110057, India
Date of Birth/Age :	31.05.1965
Date of Appointment :	25.10.2009
DIN No.:	00088948

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	U67120UP1995PTC018457	MUDIT FINANCE PRIVATE LIMITED	Director	26-07-95	26-07-95	-	Amalgamated	NO
2	U51909DL2004PTC126579	DJ TRADELINK PRIVATE LIMITED	Director	25-05-04	25-05-04	-	Active	NO
3	U72900DL2005PTC141731	D J INFO-TECH PRIVATE LIMITED	Director	14-10-05	14-10-05	-	Amalgamated	NO
4	U70109DL2006PTC150541	D.J. BUILDERS PRIVATE LIMITED	Director	04-07-06	04-07-06	-	Active	NO
5	U70109DL2006PTC150540	D.J. BUILDCON PRIVATE LIMITED	Director	04-07-06	04-07-06	-	Active	NO
6	U18101PB1999PTC022636	MEDHA FASHIONS PRIVATE LIMITED	Director	27-09-07	20-12-06	28-01-09	Active	NO
7	U72200UP2007PTC033625	SHRI NATHJI INFO SYSTEMS PRIVATE LIMITED	Managing director	23-07-07	20-07-07	29-09-09	Active	NO
8	U74120DL2007PTC167908	D J GROUP HOLDING PRIVATE LIMITED	Director	10-09-07	10-09-07	-	Amalgamated	NO
9	U92100MH2000PLC128141	PUJA ENTERTAINMENT (INDIA) LIMITED	Director	30-09-08	08-03-08	22-02-10	Active	NO
10	U55101MH1987PLC044315	RUMEET HOTELS LIMITED	Director	20-08-08	20-08-08	09-09-09	Active	NO
11	U74899DL1988PTC033063	PENGUIN FARMS PRIVATE LIMITED	Director	25-09-09	17-12-08	-	Active	NO
12	U74900DL2009PTC188317	ARIHANT TECHNO PACK PRIVATE LIMITED	Director	30-09-09	28-05-09	-	Active	NO
13	U45201DL2004PTC131674	FANTASTIC BUILDCON PRIVATE LIMITED	Director	25-09-09	29-06-09	-	Active	NO
14	U45400HR2007PTC037106	SIKKIM HOSPITALITY PRIVATE LIMITED	Director	30-09-10	19-09-09	-	Active	NO
15	U93000DL1996PTC080094	D J GROUP HOLDING PRIVATE LIMITED	Director	25-10-09	25-10-09	-	Active	NO
16	U45201RJ2006PTC022091	BLUEHILL ESTATE PRIVATE LIMITED	Director	22-09-11	27-07-11	-	Active	NO
17	U55101DL2012PTC233060	DE DIET CHEF INDIA PRIVATE LIMITED	Director	16-03-12	16-03-12	-	Active	NO

Name :	Mr. Rajiv Kumar Jain
Designation :	Director
Address :	307, Palm Courts, Swaroop Nagar, Kanpur – 208002, Uttar Pradesh, India
Date of Birth/Age :	03.05.1953
Date of Appointment :	01.12.2008
DIN No.:	00850930

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	L65921UP1983PLC006136	SHREE HOLDINGS LIMITED	Director	20-12-84	20-12-84	27-04-07	Active	NO
2	L67120UP1983PLC006093	PRASHANT COMMERCIAL HOLDINGS LIMITED	Director	20-12-84	20-12-84	27-04-07	Active	NO
3	U16001UP1998PTC023299	ASHOK PAN PRODUCT PRIVATE LIMITED	Director	01-04-00	01-04-00	-	Dormant	NO
4	U16008UP2005PLC030951	ASHOK AND COMPANY PAN BAHAR LIMITED	Director	11-11-05	11-11-05	-	Active	NO
5	U93000DL1996PTC080094	D J GROUP HOLDING PRIVATE LIMITED	Director	01-12-08	01-12-08	-	Active	NO

Name :	Mr. Akhil Jain
Designation :	Director
Address :	7-B, Prem Shanti Apartment 2, Club Road, Civil Lines, New Delhi – 110054, India
Date of Birth/Age :	02.10.1952
Date of Appointment :	01.12.2008
DIN No.:	00851007

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	U16008UP2005PLC030951	ASHOK AND COMPANY PAN BAHAR LIMITED	Whole-time director	11-11-11	01-04-07	-	Active	NO
2	U93000DL1996PTC080094	D J GROUP HOLDING PRIVATE LIMITED	Director	01-12-08	01-12-08	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 24.09.2011

Names of Shareholders	No. of Shares
Dinesh Jain	1541150
Lata Jain	1805776
Dinesh Jain (HUF)	284900
Mayank Jain	526098
Mudit Jain	413596
Namit Jain	206350
Total	4777870

As on 24.09.2011

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Non Banking Financial Company

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

ICICI Bank

Facilities :

Secured Loan	As on 31.03.2011 (Rs. in Millions)	As on 31.03.2010 (Rs. in Millions)
ICICI Car Loan (Secured by Hypothecation of Car)	0.000	1.903
Total	0.000	1.903
Unsecured Loan	As on 31.03.2011 (Rs. in Millions)	As on 31.03.2010 (Rs. in Millions)
From Directors / Shareholders	49.600	23.250
Total	49.600	23.250

Banking Relations :	--
Auditors :
Name :	Naveen Associates Chartered Accountants
Address :	103-104, Chopra Complex, Preet Vihar, Delhi – 110092, India
Tel. No.:	91-11-22507113 / 22454678
Fax No.:	91-11-42420732
PAN.:	AAIPJ1289J

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
9700000	Equity Shares	Rs.10/- each	Rs.97.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
4777870	Equity Shares	Rs.10/- each	Rs.47.779 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		47.779	47.779	1.744
2] Share Application Money		0.000	0.000	46.035
3] Reserves & Surplus		241.900	242.082	237.333
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		289.679	289.861	285.112
LOAN FUNDS
1] Secured Loans		0.000	1.903	3.159
2] Unsecured Loans		49.600	23.250	32.250
TOTAL BORROWING		49.600	25.153	35.409
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		339.279	315.014	320.521
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		7.632	9.955	20.175
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		34.452	24.601	24.601
DEFERREX TAX ASSETS		0.139	0.164	0.267
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000	0.000	0.000
	Sundry Debtors	2.609	0.000	0.000
	Cash & Bank Balances	1.638	2.638	9.367
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	293.930	277.984	266.199
Total Current Assets		298.177	280.622	275.566
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	0.000	0.000	0.000
	Other Current Liabilities	0.642	0.243	0.013
	Provisions	0.798	0.460	0.226
Total Current Liabilities		1.440	0.703	0.239
Net Current Assets		296.737	279.919	275.327
MISCELLANEOUS EXPENSES		0.168	0.224	0.000
DEVELOPMENT EXPENSES		0.151	0.151	0.151
TOTAL		339.279	315.014	320.521

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010
	SALES
		Income
		Other Income
		TOTAL	3.236	8.526
Less	EXPENSES
		Office Expenses
		Administrative Expenses
		Advertising Expenses
		TOTAL	2.417	2.201
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION		0.819	6.325
Less	DEPRECIATION/ AMORTISATION		0.178	1.013
	PROFIT BEFORE TAX		0.641	5.312
Less	TAX		0.000	0.460
	PROFIT AFTER TAX		0.641	4.852
	Earnings Per Share (Rs.)		0.13	--

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	19.81	56.91	NA
Return on Total Assets (PBT/Total Assets}	(%)	0.21	1.83	NA
Return on Investment (ROI) (PBT/Networth)		0.00	0.02	NA
Debt Equity Ratio (Total Liability/Networth)		0.18	0.09	0.13
Current Ratio (Current Asset/Current Liability)		207.07	399.18	1153.00

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	No
10) Designation of contact person	No
11) Turnover of firm for last two years	Yes
12) Profitability for last two years	Yes
13) Reasons for variation <> 20%	--
14) Estimation for coming financial year	No
15) Capital in the business	Yes
16) Details of sister concerns	No
17) Major suppliers	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	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 office address of the company has been shifted from “A-91, Himalya House 23, K.G Marg, New Delhi- 110001, India” to the present address w.e.f. 25.10.2009

Fixed Assets:

· Car

· Scooter

· Fax Machine

· Shredder Machine

· E.P.B.X.

· Water Dispenser

· Cell Phone

· Invertor

· Computer

· Refrigerator

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.52.52
UK Pound	1	Rs.85.49
Euro	1	Rs.69.61

INFORMATION DETAILS

Report Prepared by :

BSN

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	4
--CREDIT LINES	1~10	3
--MARGINS	-5~5	-
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		29

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.